Buying a Foreclosed Home? Top Problem Areas to Look Out For

September 2, 2010 by Amy · Leave a Comment 

Today’s real estate landscape offers some great buys for savvy real estate consumers, especially when it comes to foreclosure properties. Unfortunately, even though there are already a large number of foreclosures on the market, analysts are predicting that yet another wave of distressed properties will crop up in the coming months. photo credit: BasicGov As [...]

Existing-Home Sales Rise on Home Buyer Tax Credit and Favorable Market Conditions

April 23, 2010 by Amy · Leave a Comment 

RISMEDIA, April 23, 2010—Buyers responding to the home buyer tax credit and favorable affordability conditions boosted existing-home sales in March 2010, marking the beginning of an expected spring surge, according to the National Association of Realtors. Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, rose 6.8% to a seasonally adjusted [...]

How HAFA Can Help Financially Challenged Homeowners in Orange County

April 6, 2010 by Amy · Leave a Comment 

How HAFA Can Help Financially Challenged Homeowners This past November, the Treasury Department released guidelines for its new Home Affordable Foreclosure Alternatives Program (HAFA), designed to help homeowners who are unable to retain their home under the Home Affordable Modification Program (HAMP). Under HAFA, homeowners may be able to avoid foreclosure by completing a short [...]

Is Buying a Foreclosure in South Orange County Really a Bargain?

February 26, 2010 by Amy · Leave a Comment 

  In today’s tumultuous economy, it’s no surprise that there are foreclosure properties to be found in just about every community across America—even in South Orange County. While a terrible hardship for homeowners to endure, foreclosures can present a unique opportunity for first-time home buyers and investors looking to purchase a “bargain-priced home” with the [...]