Faster Sales Coming For Foreclosure Buyers Foreclosure buyers got a Christmas Eve goodie from Fannie Mae, a new strategy that’s likely to make foreclosure purchasing very much quicker. The catch? A bunch of lenders are about to be very unhappy. Until the recent real estate meltdown, foreclosures were a problem but not too much of [...]

Filed under: Commentary, Mortgage, Real Estate Market, Short Sale, VRN | No Comments »

Image by respres via Flickr Making Home Affordable program expanded BY INMAN NEWS, THURSDAY, MAY 14, 2009. Inman News The Obama administration will encourage troubled borrowers who don’t qualify for loan modifications or can’t keep up payments on a modified loan to pursue a short sale or deed their property to their lender in order [...]

Filed under: Mortgage, Real Estate Market, Short Sale | No Comments »

Image by Getty Images via Daylife April 17, 2009: 07:40 PM ET WASHINGTON -(Dow Jones)- Bank of America (BAC) has signed an agreement to participate in the administration’s $75 billion foreclosure prevention effort, making it the seventh mortgage-servicing company to join the program, a Bank of America spokeswoman said. Earlier this week, the Treasury announced [...]

Filed under: Credit, Current Events, Foreclosure, Money-Saving, Mortgage, Real Estate Market, Tax Issues | No Comments »

Quit buying the media’s sensationalistic bad news because there’s a break in the clouds for a limited time only. Anyone taking advantage of this fact will have bragging rights in their new homes at BBQs for years to come. Here’s four reasons why to buy and even sell if you have to: First, The real [...]

Filed under: Commentary, Credit, Current Events, Foreclosure, Money-Saving, Mortgage, Real Estate Market, Relocating to LA, Selling | No Comments »

Image by Getty Images via Daylife We are writing to keep you informed of some revised federal guidelines that outline 10 things that appraisers must do or provide for all FHA appraisals done after April 1, 2009: 1. The Market Conditions Addendum (Fannie Form 1004MC/Freddie Form 71). 2. At least two (2) comparable sales within [...]

Filed under: Real Estate Market, Uncategorized | No Comments »

Image via Wikipedia Thursday, July 31, 2008 – Real Estate By Sandy Arison, West Hollywood This may come as a surprise, but the WeHo real estate news isn’t all bad. There is more housing inventory on the market now then there has been in a long time. The good news for buyers is that prices [...]

Filed under: Real Estate Market, West Hollywood | No Comments »

No matter the market, Visionary Agents will always believe that over time a home can be one of the most gratifying & practical investments you can make and among some new fundamentals in this market, you really have to make sure its affordable. By affordable we mean not only being able to meet the monthly mortgage payments & [...]

Filed under: Current Events, Money-Saving, Real Estate Market, Tax Issues | No Comments »