Riverside County

A recent settlement was passed announcing a $26 billion foreclosure with five of the largest home lenders, of which 12 billion should be directed towards the state of California. Most of the relief will go to those who owe more on their homes than what they are currently worth with banks having incentives to provide » Read more  

Isn’t it incredible what we are seeing in our economy and housing market today? How is it possible that we are in this crisis situation? In our history, it is proven that creative and lenient loan standards and the increased appreciation in home values at unprecedented rates combined to create our current housing market crisis. » Read more  

There is great relief for those in a short sale position due to a recent law that has passed that keeps the lienholder from filing suit against the homeseller for the amount outstanding (deficiency). Once a lienholder has agreed to accept a payoff for less than the loan amount – the difference is called a deficiency.  » Read more  

I was visiting with a lender today – and she mentioned interest rates were at 3.75%.  That is just ridiculous!  Interest rates haven’t been that low in over 60 years!!  Why isn’t everyone out there trying to realize their part of the American Dream?  In combination with low rates, there are loan programs with very » Read more