Author Archive
FHA Extends ‘Anti-Flipping Waiver’ to Speed Sales of REO Homes
The Federal Housing Administration (FHA) announced Friday that it is extending the suspension of its ‘anti-flipping rule’ through the remainder of 2011. FHA Commissioner David Stevens says the temporary waiver will accelerat...
Short Sale Lead Generation Boot Camp – LA CITY SHORT SALES
More Info: http://lacityshortsales.eventbrite.com/ Facebook Event
California AG to Use $6.5M Settlement to Help Foreclosed Homeowners
California Attorney General Kamala Harris announced Friday that the $6.5 million settlement from two former Countrywide Financial Corp. executives will be used to establish a fund to help foreclosed homeowners. The settlement comes fr...
Buyers Open Today 2/6 – Super Bowl Special!!! 1pm-4pm
4 Bed 3 Bath ($897,000) NOT ON MLS – SUPER BOWL SPECIAL – SINGLE FAMILY WITH INCOME POTENTIAL – OPEN TODAY SUPERBOWL SUNDAY 1-4PM – Beautifully Landscaped, Updated& Renovated, Delivered Vacant! All New Bathrooms & Kitc...
Planned Luxury Development Opens in Western Malibu
A luxury planned community has opened at the western end of Malibu and listed its beachfront showcase home at $17 million. Called MariSol Malibu, the gated community will contain 17 properties on 80 acres. The 13 oceanfront estate sites ...
Report: Distressed Homes Accounted for Nearly Half of January Sales
The percentage of distressed properties in home purchase transactions climbed to its highest level in nearly a year last month, according to a report released Tuesday by Campbell Surveysin conjunction with Inside Mortgage Finance. The ...
American Government Holds 360,000 REOs
At the end of 2010, the Federal Housing Administration was holding 60,739 properties that it has essentially repossessed by foreclosure. This number was up a staggering 47% from 2009. When this number is combined with the REO holdings of�...
Developer unveils high-rise condos for site near Century City
Plans were unveiled Wednesday for a $184-million luxury condominium tower on a highly sought-after site on Santa Monica Boulevard between Beverly Hills and Century City. Miami-based developer Crescent Heights said it had begun the p...