Orange County Real Estate Voice

Last month’s failure of IndyMac Bank, many people have some serious doubts whether their money is safe. Federal Deposit Insurance Corp. (FDIC) guarantees most bank deposits. Points you may need to know.
What types of accounts are covered?
The FDIC protects certificates of deposits (CD’s), checking and savings accounts, money-market savings accounts and Christmas club accounts. Although

Victims in the current wave of foreclosures that I am not hearing much about are tenants. Individuals and Families renting from Landlords that are foreclosing on their properties, caught up in the middle and have their families thrown into a mess.
When a landlord foreclosures on the property he / she must transfer security deposits to

New reports are showing that FHA loan production is approaching 1/3 of new loan submissions!!! And that number is expected to rise as Fannie/Freddie continue to modify their guidelines.
With current loan limits of $729,750 in Orange County (valid through 12/31/08 for 1 unit property. Limits vary per county). FHA is becoming the loan of choice

The Pending Home Sales increased 5.3 % in June to 89 from 84.5 in May, according to the NATIONAL ASSOCIATION OF REALTORS® (NAR). Although the Pending Home Sales remains 12.3 % below June 2007 levels. The Pending Home Sales is an indicator of whats to come ahead and is based on pending sales of existing homes.  A home

The housing legislation may help as many as 500,000 homeowners avoid foreclosure, by assisting them in refinancing into more affordable government backed loans. There will be unfortunately many who might not qualify; people facing hardships should be looking at alternatives, an easier way out. 
Deed in lieu of foreclosure
Short sales
Short sales is basically a homeowner who cannot

Have a
GREAT Weekend

 
For all you GREAT Mothers out there
Have a wonderful Day!
 

If you notice  when looking closely at the photo the Realtor took a photo of the photo on his computer and then had to upload that photo to his computer and then post it in the MLS.

 
I can picture his/her Presentation to the unfortunate Seller.  “And I will send out my Professional Photographer who will take a photo of

Your Home Should be Listed with the

LOOKING FOR A REALTOR THAT STANDS OUT