Featured Properties
Eagle’s Nest San Clemente
Designed by renowned architect Fred Briggs, peering out over the entire blue Pacific you can see from Dana Point to the world famous Trestles Beach. This one-acre mini estate has 5 bedrooms each with it own, private bath (no fighting here!!). Massive floor to ceiling windows throughout the house make you feel like your living… Read More
San Juan Gated Community
Paseo Toscanna is a wonderful 3 bedroom 2.5 bathroom home in the gated community of Alipaz in historic San Juan Capistrano. This home features a large downstairs living area with upgraded travertine floors throughout the house. The bathrooms have been upgraded and both the kitchen and bathrooms have beautiful cherry wood cabinets. The home… Read More
San Juan Capistrano Fixer
Located in San Juan Terrace this is a one story, single family home in San Juan Capistrano. This short sale fixer-upper is a great opportunity for the right buyer. San Juan Terrace is located near the award winning Ambuehl Elementary School. The property is located near horse and walking trails, parks, restaurants and shopping centers…. Read More
Cyprus Shores Beach Community
Full Panoramic Ocean View Come update this already polished diamond inside the exclusive Cyprus Shores Beach Community. This is the first time this property has on the market since 1970. This is a single level country home with center courtyard. This gem has an appealing modern touch that mirrors the original design. The inside of… Read More
ProphetNews
Buying Remains More Affordable Than Renting
With home prices still sliding in the wake of the housing bust and credit as tight as ever, rental prices continued to increase at a fast pace this year. Rental prices in the top 20 most-populated metro areas climbed 3.75 percent in 2011, while home prices dropped by 1.83 percent, according to a report by… Read More
Foreclosures Post Big Drop in 2011
Foreclosure filings posted a 33 percent drop in 2011, falling to their lowest levels since 2007, RealtyTrac reports. During 2011, one in every 69 homes received a foreclosure filing and 804,000 homes were repossessed — compared to 1.05 million homes that were repossessed during the foreclosure crisis peak in 2010, according to RealtyTrac. Foreclosures have… Read More
Getting The Best Mortgage Rate
Many borrowers are finding that the record-low mortgage rates advertised recently are out of reach. So how can borrowers snag these best rates — which for the 30-year fixed-rate mortgage alone has been under 4 percent recently? Basically, they need to prove to lenders they are less risk: Lenders offer the best rates to those… Read More
Freddie Mac Loosens Refi Requirements
Freddie Mac announced it has eliminated its minimum credit score requirement for borrowers wanting to refinance, but they must have at least 20 percent equity in their home, HousingWire reports. Freddie Mac used to require a minimum credit score of 620. In following instructions from the Federal Housing Finance Agency, government-sponsored enterprises Freddie and Fannie… Read More
Rent Your Driveway For Cash
Home owners looking to earn extra money are turning to their largest asset — their home — to increase their cash flow. From renting out spare bedrooms to turning their home into a vacation home, home owners are thinking up plenty of ways to earn extra revenue on their homes. The latest trend? Some home… Read More
Mortgage Relief For Unemployed
Fannie Mae says it will be providing more mortgage aid to the unemployed, possibly extending the forbearance period to up to a year to those who qualify. Starting on March 1, 2012 Fannie Mae will require mortgage servicers to extend the forbearance relief to qualified unemployed borrowers for six months — without any approval needed… Read More
Homeowners Insurance May Soon Rise
Natural disasters from tornados, hail, winds, and floods caused widespread damage throughout the country in 2011, and more home owners may soon see their homeowner’s insurance premiums rise because of it. The insurance industry has faced heavy losses in recent years from natural disaster, and insurers may be forced to raise costs of premiums, particularly… Read More
Tiger Woods Ex Bulldozes Mansion
Tiger Wood’s ex-wife Elin Nordegren is capturing media headlines for recently bulldozing her $12 million, 17,000-square-foot Palm Beach, Fla., home that she had recently purchased with her divorce settlement. Nordegren had the six-bedroom mansion torn down after termites were discovered. Dan Reedy of Onshore Construction and Development told People that the home, which was built… Read More
RE/MAX Predictions for Residential Real Estate
RE/MAX Co-Founder Dave Liniger Sees Good News for Homebuyers & Sellers in 2012 As the country shakes off the effects of the worst economic recession in recent history, the residential real estate market is beginning to rebound, and Dave Liniger, Chairman and Co-Founder of the leading real estate franchise RE/MAX, sees several positive factors that… Read More
Short Sales Gain More Acceptance
Lenders are increasingly becoming more accepting of short sales as they seek more solutions to help struggling home owners avoid foreclosure, according to a recent article at MSNBC.com. “Foreclosure sales are pretty devastating,” Faith Schwartz, executive director of Hope Now, a resource for cash-strapped home owners, told MSNBC.com. “We’d much prefer a loan modification, but… Read More
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