Thursday, December 23, 2010

Wednesday, December 15, 2010

Saturday, November 27, 2010

Friday, November 19, 2010

Fund to compensate foreclosure victims

States and mortgage lenders are in talks to set up a fund to compensate foreclosure victims similar to the
BP oil spill fund.  Read more http://www.washingtonpost.com/wp-dyn/content/article/2010/11/16/AR2010111607100.html

Posted via email from Lisa's Real Estate News

Friday, October 29, 2010

Help coming for out of work homeowners

The federal government is making $1 billion in loans available to help home owners who’ve lost their job in the downturn meet their mortgage payments. Loans under the Emergency Homeowner Loan Program are for five years and are interest free. Eligibility extends to households earning 120 percent of the area median income and whose income is at least 15 percent less than what it was prior to their job loss. The program will be administered by national nonprofit NeighborWorks America and available in Puerto Rico and the 32 states not assisted under the U.S. Treasury Department’s program for helping the country’s hardest-hit foreclosure states. Loan applications could be available by the end of the year, says the U.S. Department of Housing and Urban Development. For more info contact Bill Gilmartin, 202/383-1102.

Posted via email from Lisa's Real Estate News

Thursday, October 28, 2010

Wednesday, October 27, 2010

Recent Foreclosure fiasco explained

Interesting article shedding light on what's been going on recently and some thoughts on where investors stand as the banks play "where is the note"? http://www.cnbc.com/id/39874198?__source=RSS*tag*&par=RSS

Posted via email from Lisa's Real Estate News

Monday, October 18, 2010

B of A partially lifts foreclosure moratorium

In a show of confidence that it's foreclosure processes were found to be sound, B of A announced
today that it is partially lifting it's foreclosure moratorium http://www.cnbc.com/id/39729965

Posted via email from Lisa's Real Estate News

Monday, October 11, 2010

Wednesday, October 06, 2010

Wednesday, September 22, 2010

Friday, September 03, 2010

Good news for real estate investors

Senate Bill 1316 is dead! SB1316 proposed to deny IRC Section 1031 tax-deferral treatment, at the California state income tax level, to like-kind exchanges in which the relinquished property was located in California, but the replacement property was located in another state.

Posted via email from Lisa's Real Estate News

10 Tips for hiring a home remodeler

Before hiring a contractor, make sure you review these 10 tips: http://rismedia.com/lowes/8355/9986
and make sure that you know your consumer rights.  Here's a link for California: http://www.cslb.ca.gov/Consumers/HireAContractor/ContractsAndBindingAgreements.asp

Posted via email from Lisa's Real Estate News

Tuesday, August 31, 2010

Foreclosure roulette

A great article by Sean O'Toole founder of ForeclosureRadar. Foreclosure roulette | Inman News http://bit.ly/dp3fVy

Posted via email from Lisa's Real Estate News

Monday, August 09, 2010

Refi opportunity for underwater homeowners

Check out this article regarding hope for refinancing if your home is financially "underwater": http://rismedia.com/lowes/8355/9639

Posted via email from Lisa's Real Estate News