From the category archives:

Orange County

Pre-Listing Alert: Bank Owned Condo

March 9, 2010

Sometimes shopping on the Internet ends up leaving you behind the market.  A "Pre-List" is a home that is not quite ready to list for sale yet, but that will be on the market soon.  Often, by the time they hit the MLS they already have a buyer.  Wouldn’t you like to know about Foreclosure [...]

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New Pre-Market Bank Owned Home in Mission Viejo

March 6, 2010

This cute little Single Family Detached home in a wonderful neighborhood is being prepared for market.  It has three bedrooms, one and a half baths, and over 1200 square feet of living space.  Bank Owned homes for sale in Mission Viejo don’t last long these days, so if you’re interested drop me a line or [...]

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Housing Starts Soar To 6-Month High In January… Or Do They?

February 22, 2010

Sometimes, headlines for housing can be misleading and this week gave us a terrific example.
On Wednesday, the Commerce Department released its Housing Starts data for January 2010. The data showed starts at a 6-month high.
A “Housing Start” is a privately-owned home on which construction has started.
Headlines on the Housing Starts story included:

U.S. Housing Starts Hit [...]

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New Programs Aim to Streamline Short Sales

February 19, 2010

The National Association of Realtors issued a press release today detailing efforts they are taking to help make the purchase of Short Sales less frustrating and problematic.
HAFA – Home Affordable Foreclosure Alternatives
HAFA is a Federal program with takes effect in April that is designed to help homeowners complete a Short Sale of their home when [...]

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In Pictures: The Severity Of The Foreclosure Crisis Depends On Where You Live

February 15, 2010

Foreclosures stories dominate the national housing news. It seems at least one foreclosure-related story makes its way to the front page or the nightly news every week.
But for as much as the foreclosure filing statistics can be astounding — over 300,000 homes were served last month alone — the prevalence of foreclosures depends on where [...]

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Orange County Home Buyer Tax Credit Reminder

February 5, 2010

The updated and extended tax credit for first-time home buyers and current homeowners is slated to expire in less than three months.  Here’s a recap of the details:

Feature

Original Program

Extension

Deadline

Must fund by Nov. 30, 2009 (WFHM deadline was Oct. 30)

The measure is written differently so that a sales contract must be in [...]

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Previewing The New Good Faith Estimate for Orange County Real Estate

October 23, 2009

The new Good Faith Estimate makes its debut January 1, 2010.
Expanded from 1page to 3, the legislators responsible for the new Good Faith Estimate want it to be simpler for homeowners and home buyers to understand than the former version.
By most accounts, Congress will meet this goal.
The new Good Faith Estimate includes plain-English explanations of every [...]

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Orange County Real Estate – Pending Homes Sales Gain Again

October 7, 2009

Is Some Momentum Building?
Buoyed by a generous tax credit, affordable homes, and low mortgage rates, the Pending Home Sales Index posted its seventh consecutive monthly gain in August.
It’s the longest winning streak in the index’s history and the highest reading in 2-1/2 years.
It’s also another signal that the housing market is in recovery.
“Pending home sales” are [...]

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Proposed Legislation to Expand First-Time Buyer Tax Credit

September 28, 2009

Senator Johnny Isakson has introduced new legislation that would significantly expand the existing first-time home buyer tax credit. Isakson is a Republican from Georgia, but he was joined by a bi-partisan group of co-sponsors, including Senators Chris Dodd, a Democrat, and Joe Lieberman, an Independent.
Key Provisions

The maximum amount of the credit would be increased from [...]

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Seven Tips for Home Sellers

Living Room Ready for Buyers Thumbnail September 25, 2009

Whether it’s condo homes for sale in Irvine, or large equestrian estates in Coto de Caza, homes that are properly prepared by their owners have a better chance of selling quickly in the Orange County Real Estate market.
How to Make Your Home Attractive to More Orange County Buyers
The key to getting your house ready to [...]

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