Archive for April, 2009

Santa Clarita Approves 21-Point Economic Plan

Wednesday, April 29th, 2009 Posted in Foreclosures and Short Sales, Local News and Updates, Santa Clarita Real Estate | Comments Off

Santa Clarita hopes to boost the local economy by implementing a new 21-point plan to allocate, generate and re-allocate funds to new projects. In an effort to boost the local Santa ... Read more..

Banks Get New Incentives to Modify Second Mortgages

Wednesday, April 29th, 2009 Posted in Foreclosures and Short Sales, Santa Clarita Real Estate | 1 Comment »

New Federal plan hopes to encourage banks to modify second mortgages. Many distressed homeowners are all too familiar with the difficulties involved in getting loan modifications for second mortgages, especially if ... Read more..

Valencia West Creek Elementary School to Delay Opening

Sunday, April 26th, 2009 Posted in Local News and Updates, New Construction, Santa Clarita Real Estate | Comments Off

Low enrollment at West Creek Elementary delays school opening for at least a year. West Creek Elementary School, which is connected to Lennar's West Creek and West Hills developments in Valencia, ... Read more..

Santa Clarita Foreclosure Activity First Quarter 2009

Monday, April 13th, 2009 Posted in Foreclosures and Short Sales, Santa Clarita Real Estate, castaic golf course | 1 Comment »

Foreclosure activity remains relatively low for the Santa Clarita Valley area. Foreclosure auctions in Santa Clarita remain relatively low compared to much of the Los Angeles area for the first quarter ... Read more..

Los Angeles Foreclosures Decline 18% from Fourth Quarter 2008

Thursday, April 9th, 2009 Posted in Foreclosures and Short Sales, Santa Clarita Real Estate, castaic golf course | 1 Comment »

New foreclosure auctions continue to decline in the Los Angeles area. New foreclosure auctions in the Los Angeles area declined by 18% during the first quarter of 2009 as compared to the ... Read more..

Foreclosure Consultants Prohibited From Collecting Advance Fees for Services

Friday, April 3rd, 2009 Posted in Foreclosures and Short Sales, Santa Clarita Real Estate | 1 Comment »

Do your homework before paying any advance fees for foreclosure prevention or loan modification services. The California Department of Real Estate (DRE) has issued a consumer alert warning homowners about paying ... Read more..

California Mortgage Protection Program to Ease Job Loss Concerns for First Time Homebuyers

Thursday, April 2nd, 2009 Posted in Santa Clarita Real Estate | Comments Off

California's first time homebuyers to benefit from new insurance program to protect against foreclosure in the event of a job loss due to layoffs. The California Association of REALTORS (CAR) has ... Read more..

Feature Flicks: Foreclosure Scam PSA Ads from Federal Reserve Coming to a Theater Near You!

Wednesday, April 1st, 2009 Posted in Foreclosures and Short Sales, Santa Clarita Real Estate | Comments Off

Feds get into the movie biz with feature ads warning about foreclosure rescue scams. [caption id="" align="alignright" width="262" caption="Click to watch the ad on wsj.com."][/caption] The Federal Reserve will soon begin showing ... Read more..

Federal Reserve Educates Consumers About Foreclosure Rescue Scams

Wednesday, April 1st, 2009 Posted in Foreclosures and Short Sales, Santa Clarita Real Estate | 3 Comments »

Feds warn against paying high fees for loan modification assistance. The Federal Reserve is trying to educate consumers on the various types of foreclosure rescue scams so they won't continue to get ... Read more..