Could a new Tax Credit make this the time to buy?

Friday, February 13th, 2009

As senators jockey for position and work to coming to an agreement that will best help the American people and the overall economy, the stimulus plan originally pushed forward by Barack Obama is changing. Last week, the Senate voted to include an amendment to the bill which would provide a tax credit for homebuyers. If […]

Fannie Mae Sets New Condo Occupancy Rules

Tuesday, January 13th, 2009

New Project Eligibility Review Service (PERS) for condo and co-op projects and changes to its condo and co-op project policies have been announced by Fannie Mae. The announcement clarifies how REO units are treated for determining the owner-occupancy ratio. Established projects, where borrowers will occupy the unit or use the unit as a second home, […]

San Diego Foreclosures by the Numbers

Thursday, December 11th, 2008

Foreclosure Numbers for 2008 offer insight into buying opportunities for investors and homebuyers. San Diego’s foreclosure inventory is abundant creating great buying opportunities for investors and homebuyers alike. The September foreclosure numbers totaled 7,016 bank owned properties and more than 2,000 of those foreclosure properties are actively for sale on the San Diego Multiple Listing […]

Government Take Over to Bolster San Diego Real Estate

Thursday, December 11th, 2008

According to Sandicor, there were 2,562 San Diego home sales in August 2008. Approximately 32 percent of these sales were San Diego bank owned properties due to San Diego foreclosures. To view the current list of San Diego Foreclosure properties, visit HouseRebate.com. ?? ?? The Federal Government takeover of Fannie Mae and Freddie Mac has […]

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