California Realtors Fight Back Against Mortgage Tax
The final version of the House Resolution Bill 22, known as the Surface Transportation Reauthorization and Reform Act of 2015, does not include the mortgage tax that was in the Senate’s version of the bill. The bill President Obama signed into law in December 2015 doesn’t include an extension of the higher guarantee fees that […]
California Zombie Foreclosure Rates Drop In 2015
No, this has nothing to do with The Walking Dead, but losing a house to foreclosure can be a harrowing experience. “Zombie foreclosures,” also referred to a “zombie titles” or “zombie properties,” are a phenomenon where a homeowner vacates a residence being foreclosed before the foreclosure is final.
New Program Helps First Time Homebuyers In Orange County
Owning a home has long been a major part of the American Dream. Unfortunately, maintaining a good credit score and having a stable income isn’t always enough to get you into your first home. According to California Housing Finance Agency (CalHFA) Executive Director Tia Boatman Patterson, “The lack of savings for a down payment is often the […]
Debts of Deceased Orange County Relatives
The death of a loved one is an emotionally difficult experience. As family members grieve and struggle to accept their loss and move on, the last thing they need is to be pestered by unscrupulous debt collectors. Most Americans owe a certain amount of debt. While many people pay off their debts over time, in […]
American Apparel Files For Bankruptcy Protection
What had seemed like a real success story hit a roadblock earlier this month. Homegrown clothing retailer and manufacturer, American Apparel, has filed for Chapter 11 bankruptcy. According to a Consumerist report, the company plans to cut its $300 million debt by almost $200 million in exchange for equity.
Southern California Foreclosures On The Rise
The housing price bubble collapse of 2006 put many homeowners in jeopardy of losing their homes and spawned the Great Recession. After a few dormant years the nation’s economy began to recover and, at this time, is fairly healthy. That’s why a recent article on www.realtytrac.com is so surprising. RealtyTrac, the country’s leading source for […]
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