Luis Rios DRE #01172205
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4  
Fannie Mae Gains More Short-Sale Authority
 
  Five mortgage insurers have granted Fannie Mae mortgage servicers the authority to complete a short sale or deeds in lieu of foreclosure without getting their separate approval, HousingWire repor...      Read More >>

5  
Banks Pilot Cash Incentive Programs for Short Sales
 
Several real estate professionals say cash-back incentives that some lenders are usi...      Read More >>

11  
Buy a Home for Only $100 Down?
 
In several states, the U.S. Department of Housing and Urban Development is offering home buyers foreclosed homes with only a $100 down payment, in trying to unload some of its inventory. T...      Read More >>

24  
Homeownership Rate Second-Highest on Record
 
The homeownership rate is at its second-highest level on record, only behind the record high set in 2000, according to the U.S. Census Bureau, which began collecting home ownership data in 1890.  &...      Read More >>

14  
Bill May Help Home Owners Tap Retirement Accounts
 
A new bill introduced in Congress this week, if approved, would allow home owners to withdraw funds tax-free from their retirement accounts to help pay for their mortgage.  The Home Act,...      Read More >>

2  
More Investors Bypass 'Flipping' for Renting
 
The days of flipping houses for big profits have all but vanished in many markets ...      Read More >>

28  
Five Items That Can Destroy Your Mortgage Application
 
Not only do would-be homebuyers have to be concerned with their credit scores and their income, but they should keep an eye on five other factors that could affect their ability to secure a mortga...      Read More >>

16  
Big Savings for Buyers: Rates Reach New Record-Lows
 
For the second straight week, mortgage rates reached another milestone, with 30-year and 15-year fixed-rate mortgages hitting record lows again, Freddie Mac reports in its wee...      Read More >>

29  
Banks Agree to More Short Sales
 
Banks are agreeing to more short sale transactions, and short sales are taking less time to sell, which is helping to clear large inventories of distressed properties more efficiently, says James ...      Read More >>

22  
Top 10 Tax Tips For Home Sellers
 
Here are the IRS's top 10 tax tips for home sellers: 1. In general, you are eligible to exclude the gain from income if you have owned and used your home as your main home for two years out of th...      Read More >>

12  
California New Short Sale Law
 
A measure recently signed into law in California will make short sale transactio...      Read More >>

5  
Working With An Experienced Agent
 
Questions to Ask an Agent: Wherever you find an agent, asking a few questions up front can save you a heap of trouble later. Is this your full-time gig? How many clients h...      Read More >>

24  
Gov't in Talks to Rent Out Foreclosures
 
The Obama administration is considering a plan that would take foreclosed homes off the market and rent them out--in a move aimed at clearing the glut of unsold foreclosed homes and preventing home ...      Read More >>

21  
Countrywide to Issue Borrowers Refunds
 
More than 450,000 borrowers who took out mortgages with Countrywide Financial Corp. will soon receive refund checks as part of a $108 million settlement over claims that the lender charged high fees...      Read More >>

10  
Chase, Wells Fargo Lead in HAFA Short Sales
 
JPMorgan Chase and Wells Fargo are pursuing short sales more aggressively than other loan servicers participating in the government's Home Affordable Forecl...      Read More >>

8  
Where Is Foreclosure Inventory the Highest?
 
Chicago has now emerged as the city with the nation’s largest inventory of foreclosed homes, taking the spot that has traditionally belonged to Miami, Los Angeles, and Phoenix since the housing cr...      Read More >>

7  
Unemployed FHA Borrowers To Get One Year of Forbearance
 
Loan servicers collecting payments on FHA-backed loans will be required to allow qualified borrowers who lose their jobs to miss up to 12 months of mortgage...      Read More >>

24  
FHA Reducing Loan Limits?
 
Barring Congressional action, FHA loan limits would likely decline in 669 of the 3,334 counties that are eligibl...      Read More >>

21  
Referral Program
 
One of the best compliments that you could give our business is a referral. To show our appreciation for your thoughtfulness, we have created a Referral Program that PAYS CASH TO YOU.  &l...      Read More >>

14  
3.5% Credit Towards Your Closing Cost!
 
Fannie Mae is currently offering buyers up to 3.5% in closing cost assistance through October 30, 2011. Buyer must meet the following qualifications to be eligible: The initial offer must be subm...      Read More >>

11  
3 Banks Penalized for Loan Mod Failings
 
 Three major banks have lost federal mortgage modification incentives in delivering a foreclosure relief program until they make big changes to improve their practices.  Obama administratio...      Read More >>

2  
Consequences Between A Short Sale And Foreclosure
 
Many homeowners get frustrated trying to figure out how to resolve the fact that their mortgage is underwater. There are many homeowners that are just walking away, however this ca...      Read More >>

2  
Post Your Questions/Escribanos sus Preguntas
 
Post your questions and get answers via our discussion board, you need to be a register user to be able to post your questions. Click on the image below to enter. Escriba sus preguntas y le r...      Read More >>

5  
Get Your VIP Buyers Account
 
Find your dream home! With your VIP Buyers account, you gain in depth details on all the properties that interest you. Comprehensive price history allows you to view reductions that have occu...      Read More >>

23  
Get Up To $50,000 For Repairs
 
Buying a foreclosure home can be a great investment, especially when you can get free money. The County of San Bernardino will pay up to $50,000 for repairs  or to rehab a foreclosure. I'm...      Read More >>

28  
Good News!
 
Unemployed and can't pay your mortgage? You can soon apply for a no-interest government loan for up to $50,000 to pay your mortgage. The loan, which can offer assistance for up to two years...      Read More >>
 


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