Riverside County Real Estate Info

Home Loan Liability May Last For Years After Default #fb

by Tom Wysocki March 23, 2010 Foreclosure

There was a great article in the past few days in the Sacramento Bee (and reprinted in RISMedia) regarding the extended liability homeowners face long after they have moved on, either by foreclosure or through the short sale process.

In California, unless the loan is the original “purchase money” loan, the seller/owner may be liable …

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New MSN Report On “Upside Down” Mortgages #fb

by Tom Wysocki February 24, 2010 Riverside County Real Estate Info

There is a new report on MSN today that details the housing market and the values relative to the mortgages. It paints a pretty grim picture of what we face in the future. Almost 25% of the homes in the country are “upside down”, meaning more is owed on the home than it …

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As the April 30 deadline for the $8000 tax credit approaches, make sure you have the facts

by Tom Wysocki February 3, 2010 Riverside County Buyers

As the April 30th deadline for the $8000 first time buyer tax credit looms, you may want to be reminded about the rules for the program. The National Association of Home Builders created a great information website that outlines the details of the program as well as addresses questions you may have. It also has …

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New Push To Get Loan Modifications Done

by Tom Wysocki November 30, 2009 Riverside County Market Update

There has been a frustration among homeowners trying to get loan modifications under the President’s plan. The Wall Street Journal had a very good report regarding the situation.

Let me know what you think about this. Do you think it will encourage more finalized modifications?

http://bit.ly/85j1vO

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Good News! And we can use it!

by Tom Wysocki July 16, 2009 Riverside County Buyers

There was a good article in todays Press Enterprise about the surge in home values in Riverside County, California. We can use some positive news and this helps verify what agents have been seeing and feeling – lots of buyer activity as well as multiple offers on properties. Lets hope that the reports stay positive….

http://bit.ly/LwoNu

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