Past Articles -
As printed in the OC Register / Saddleback Valley News
Written by Jim E. Flynn, Century 21 Beachside Realtors, Mission
Non-Refundable Deposits Valid?
Jim, one of our friends told
us that an Escrow deposit cannot be refunded if we see it written in on the purchase
contract and noted "Nonrefundable" is that true. - Jack from Mission Viejo
is a first time buyer --what is a principal residence ?
Jesse from Mission Viejo asks:
We have heard that there is a Mortgage Protection plan for first time buyers like us who
would like to try to buy a home but are concerned about losing our jobs, etc. What’s
Wars Increase as Foreclosures Decrease
Wayne from Mission Viejo asked: Jim,
tell me about the Real Estate market now, I am reading that foreclosures are not as big a
factor as they were but, I am also seeing from my research on line that the properties that
are price right are already sold or, have 3 to 6 offers already on them ?
rule changes for Mortgage loans
David from Mission Viejo asked: I
have heard that there have been several rule changes for Mortgage loans so what is the first
type of loan we should consider now?
Bear Buyers Coming Out of Hibernation.
“RD” and Brenda asked: Jim,
from what we read it appears that 2010 may be getting a bit better for Real Estate and I bet
you are glad to start a new year?. Were there really any good things you can say about the
market last year?
the story about the recent mailings I received about reducing my property taxes?
Thanks for asking, just don't respond and get involved with
any of these private company mailings. I have had several calls and questions from readers
and other friends asking about these mailings.
heard that FHA limits for California borrowers will be decreasing by more than $100,000
starting in 2009. Can that be true?
The FHFA (Federal Housing Finance Agency) has announced
"new" conforming loan limits for 2009.
home prices continuing to fall, do California homes still rank any where in the top 10 most
Along with the reduction in California home prices, real
estate markets in many of the other parts of the country have adjusted commensurately.
a new FICO scoring system in the works?
Experts predict it could reduce default rates by between 5 and
low ball offers as a starting point
South County Realtor answers reader's questions about the
local housing market.
must be sold on city before buying into it
Mission Viejo Rose Parade entry will pique viewer's interest
in the local real estate market.
you think falling home prices help anyone?
Real estate columnist says the 'spread' works in buyers'
views on short sales, foreclosure reforms.
South County Realtor answers readers' questions.
do we make money if we sell low and then buy low?
Columnist answers readers' real estate questions.
Mission Viejo draws a diverse crowd
Columnist learns more about his neighbors while polling them
on a recent morning.
we hit the bottom of the housing cycle?
Yes, most Realtors and brokers are encouraged at the report
by Data Quick.
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