California tops the list of the United States worst housing markets. This year California suffered a year-to-year loss of 25.18% which is followed closely by Nevada with a year-to-year loss of 24.88%. Data shows California has been at the bottom of the rankings for 20 consecutive months, only b
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05/10/2009
The number of notices of default (NOD) – which initiate the foreclosure process- increased in 90% of the ZIP codes in Orange County during the first three months of the year (compared to the same period last year). NOD’s reached the highest level in the past two years in 80% of the 84 Orange C
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05/07/2009
If you are looking for a way to better understand Obama’s new mortgage program head over to http://www.mortgagereliefonline.com/Default.aspx to see if you are eligible for mortgage relief. This website will tell you if you qualify for a loan modification under the Obama Administration. On the web
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05/07/2009
Q. After I relocated to California nearly 4 years ago I refinanced my house in Colorado in anticipation of selling it the following year once my entire family had moved out west. I tried to sell the house for over a year and ended up making it a rental. Now my home in Colorado has been a renta
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05/06/2009
Q. I am newly divorced and will be in the 35% tax bracket so I am wondering how much debt I need to incur in order to set off a tax benefit. Currently I owe $150,000 on my house and have a loan of 6.25% with seven years still remaining. Lowering the monthly payment would allow me to make extra
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05/06/2009
This week the Federal Reserve announced that it had signed an agreement with First Regional Bancorp that would limit its ability to distribute or borrow money. The company – which is based in Century City – now must get approval from the Federal offices in San Francisco before paying dividends o
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05/05/2009
California tops the list of the United States worst housing markets. This year California suffered a year-to-year loss of 25.18% which is followed closely by Nevada with a year-to-year loss of 24.88%. Data shows California has been at the bottom of the rankings for 20 consecutive months, only
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05/05/2009