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Investors – Here Comes Your New Limits!

March 3, 2009

Fannie Mae changes mood due immense pressure
It is rather a scarce scenario lately to expect good news’s for real estate investors in San Diego and across the country from mortgage giants like Fannie Mae, but it has been made true. Fannie Mae set out a new policy, which is going to take effect by the [...]

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Types of Home Loans - A Buyer’s Guide to Home Mortgage Loans

February 27, 2009

?A large variety of mortgage options are available for San Diego home buyers. It’s recommended that the home buyer works with an experienced mortgage broker. These brokers would guide you through the entire process of obtaining a loan with minimum expenses. You can own a house faster without spending too much when you obtain a [...]

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Green Building- Potentials for new jobs & energy savings

February 26, 2009

‘Hope’ is the trademark of the new President. People are looking ahead for better days. The presidential administration has already built a reputation with a vision on ‘green’. Time will prove whether green turns out fully useful to the US economy. This is indeed, something good for the San Diego home owners as well.
Green [...]

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Treasury’s diehard moves: Can the $28 Billion investment save the day?

February 26, 2009

Good news for San Diego home buyers - this move from Treasury Department was not unexpected but the $28 billion is extended towards banks or many financial institutions have left critics wondering. Would this finally pay off? Last month this enormous support went in the course of the much discussed TARP.
How big were the [...]

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Getting a Loan with a Small Deposit

February 20, 2009

The Current Recession
The real estate market in San Diego has been heavily affected by the ongoing recession; with many people struggling to keep up with mortgage payments. First time buyers are finding it difficult to even get on the property ladder, as buying stipulations have drastically changed in recent months. A large deposit is often [...]

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Foreclosed Properties for Rent

February 18, 2009

Planning to buy a house in San Diego?
News for you is, Freddie Mac has an insane loss of $5.6 trillion due to high foreclosure rates and looking at 8,500 eviction notices.  People may think that lenders are out to get them and their properties; and that lenders prefer foreclosing properties.  Wrong.  What would they do [...]

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Foreclosures

February 17, 2009

What is it?
Every time you turn on the television or the radio, the news is full of information about the property market and foreclosures. But what exactly is a foreclosure? When a home owner defaults on a monthly mortgage payment or any loan; the mortgage lender will be allowed to recover the amount [...]

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Home purchasing programs for low-income buyers

February 14, 2009

There are many topics to be discussed for proper comprehension of low-income home purchasing programs in San Diego. Some of the ideas are way too perplexing for the buyer. An attempt has been made to explain about low-income home purchasing programs and direct you to resources, which help you in understanding these loan programs.
Buyers with [...]

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Rid yourself with myths about Loan Modification

February 11, 2009

For people suffering from bad credit score or mortgage issues in San Diego, here are five myths related to the loan modification, which stand inappropriate in the minds of the borrowers.
Myth 1: My bank is after my house and wants it.
The truth is that lending institutions and banks simply do not want to foreclose. They [...]

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Barack Obama Addresses US Home Crisis

February 11, 2009

Good news for the San Diego home buyers is that newly elected President Barack Obama’s administration is up for a challenging start. The economy is low, the word recession is everywhere and the real estate market is experiencing home mortgage crisis. As stated in a letter by Lawrence Summers (President Obama’s top economic [...]

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