Monthly Archive
for: ‘March, 2011’

Is Housing Really in Recovery? Is Gas Prices Effecting The Recovery?

During one of my reports today on how gas prices could affect the housing recovery, one of the anchors asked me if I really believe there is a housing recovery right now.
THIS IS A GOOD QUESTION…
Today a new report found that of 111 housing market experts and economists surveyed, nearly half foresee a double-dip in …

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Effects on Homeowners & Renters – Orange County Real Estate

Credit Impact-
A borrower that becomes delinquent on their mortgage, completes a short sale, gives the property back using a deed-in-lieu, or is foreclosed upon, will have their credit negatively impacted.

Negative impact on a credit report is generally limited to 7 years.
Current guidelines allow qualification for Federal National Mortgage Association (Fannie Mae) insured loan 5 years …

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Ex-Angels pitcher’s mansion sells for $5.4 million – Irvine – Shady Canyon

The Shady Canyon estate of onetime Angels pitcher Mark Langston has sold for $5,350,000. That might sound steep, but it’s actually nearly 50% off the original asking price.
The 5-bedroom house at 56 Golden Eagle in Shady Canyon sits on one of the biggest lots in the Irvine community, at nearly an acre. The home was initially listed at …

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