Archive for January, 2009

Fannie Mae and Freddie Mac to Become Landlords

Saturday, January 31st, 2009 Posted in Foreclosures and Short Sales, Santa Clarita Real Estate | Comments Off

Evictions by Fannie Mae and Freddie Mac have been put on hold through February 2009. Both Fannie Mae and Freddie Mac have announced this month that they will go into the ... Read more..

Slaying the Housing Dragon: Home Sales Increase in Santa Clarita as Foreclosures Continue

Wednesday, January 28th, 2009 Posted in Foreclosures and Short Sales, Santa Clarita Real Estate, castaic golf course, safety triangle | Comments Off

Santa Clarita single-family home sales continue to increase as inventories begin to drop. Single-family home sales in the Santa Clarita Valley were up by 10.1% in 2008, with total sales of ... Read more..

Builder Incentives “Required Use” Rule Change Delayed

Sunday, January 25th, 2009 Posted in New Construction, Santa Clarita Real Estate, safety triangle | Comments Off

New "required use" rule would prevent home builders from offering incentives or discounts to buyers that use the builder's designated lenders. Home builders have been providing "incentives" for homebuyers for a ... Read more..

Loan Modification Options: Hope for Homeowners

Saturday, January 24th, 2009 Posted in Foreclosures and Short Sales, Santa Clarita Real Estate | Comments Off

The Hope for Homeowners, or H4H program, is designed to help decrease mortgage payments so homeowners can stay in their homes. Many Santa Clarita residents are having troubles paying their mortgages, ... Read more..

Hear Ye, Hear Ye! Cheap Properties to be Auctioned Off in Los Angeles!

Wednesday, January 21st, 2009 Posted in Foreclosures and Short Sales, Santa Clarita Real Estate | 1 Comment »

The Los Angeles County auction for tax-defaulted properties is just around the corner. If you're looking for properties on the cheap, the next Los Angeles County tax-defaulted properties auction is scheduled for ... Read more..

Why Did My Property Tax Bill Increase?

Wednesday, January 21st, 2009 Posted in Santa Clarita Real Estate | 1 Comment »

Many Los Angeles County homeowners are opening their property tax bills to find higher tax amounts than last year. When you opened your Los Angeles County property tax bill this year, ... Read more..

CALL FOR ACTION: California Proposes Tax on Veterinary Services

Monday, January 19th, 2009 Posted in Santa Clarita Real Estate | 5 Comments »

Veterinary services in California will be taxed at 9 percent if current proposal is passed. As part of the continued effort to decrease the California budget deficit, Governor Schwarzenegger is looking ... Read more..

Military Families and Foreclosure: Does Going to War Mean Losing Your House?

Friday, January 16th, 2009 Posted in Foreclosures and Short Sales, Santa Clarita Real Estate | Comments Off

A wide range of financial protections are available for individuals entering the military, called to active duty, or deployed servicemembers. With foreclosures on the rise throughout the country, military families face special ... Read more..

My Appraisal Was Low-Balled: Now What?

Wednesday, January 14th, 2009 Posted in Foreclosures and Short Sales, Santa Clarita Real Estate | Comments Off

What to do when an appraiser's opinion of value for a home is lower than the purchase price. Appraisals are a necessary evil when it comes to buying or selling a ... Read more..

Fannie Mae to Start Pre-Approving Short Sales

Saturday, January 10th, 2009 Posted in Foreclosures and Short Sales, Santa Clarita Real Estate | Comments Off

Fannie Mae will start pre-approving short sales in an effort to make them more attractive to buyers. Fannie Mae has announced that it will start pre-approving short sales, or preforeclosure sales, ... Read more..