Category Archives: Mortgage Information

Prices of Homes in Palm Springs, California are Rising!

Hello Buyers, especially those of you thinking about buying a home in the beautiful Palm Springs California Desert.  I’m sure you’ve been listening to all the news! Prices of homes are definitely rising.  Are you aware recent news reports that … Continue reading

Posted in Home Buyers, Home Sellers, Home Tip and Advice, Message from Nancy, Mortgage Information, Palm Springs, Palm Springs Area Real Estate, Palm Springs Events, Rancho Mirage, Real Estate Market, Real Estate News | Tagged , , | Leave a comment

Buy Now, Sell Later

There’s an old saying that you make your profit when you buy, not when you sell. This means that you should choose a home with amenities that are preferred by the majority of people. Buying the right features now can … Continue reading

Posted in Home Buyers, Home Sellers, Home Tip and Advice, Investors, Mortgage Information, Palm Springs Area Real Estate, Real Estate Market, Real Estate News | Tagged , , | Leave a comment

What a Unique Idea!

Bipartisan Policy Center Commission Recommends New Systems for Housing Finance and Federal Rental Assistance Posted By Susanne On February 26, 2013 @ 4:12 pm In Business Outlook,Finance and Economy,Real Estate Information,Real Estate News,Real Estate Trends,Today’s Top Story A bipartisan commission … Continue reading

Posted in Government Info, Home Buyers, Home Sellers, Investors, Mortgage Information, Other Information, Palm Springs, Palm Springs Area Real Estate, Rancho Mirage, Real Estate Market, Real Estate News | Tagged , , , , , , , , | Leave a comment

Appraisals Coming in Low are Causing Many Contract Problems

Appraisals coming in low are causing many problems. If you think appraisals in your area don’t affect you…think again.  Poorly done appraisals are bringing down prices that affect all of us. Read on! Tight mortgage credit and out-of-area appraisers who … Continue reading

Posted in Home Buyers, Home Sellers, Home Tip and Advice, Investors, Mortgage Information, Palm Springs, Palm Springs Area Real Estate, Real Estate News | Tagged , , , | Leave a comment

Speeding Up Short Sales

With rules that take effect (in June 2012), federal regulators have hopes of greatly streamlining the short-sale process. Related Starting June 15, the Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac, will require both agencies to give … Continue reading

Posted in Home Buyers, Home Sellers, Mortgage Information, Real Estate News | Tagged , , , , | Leave a comment

Why Did Banks Fail?

  Lots of BLAME on Government, Little BLAME on the Real Culprits! What happened? Basically, they made a lot of really bad mortgage loans. We can argue about why, whether it was the gov’t pushing them to do it, or … Continue reading

Posted in Mortgage Information, Other Information, Palm Springs Area Real Estate | Tagged , , , , | Leave a comment

THE WORM HAS TURNED, in the housing market.

Please forgive me.  I was actually using a worm as a metaphor to describe what’s been happening in our market to “grab your attention.” Did it work? As we all know, the real estate market pretty much “peaked” in 2005…then … Continue reading

Posted in Home Buyers, Home Sellers, Mortgage Information, Palm Springs Area Real Estate, Real Estate News | Tagged , , , , , , | Leave a comment

Why Are Home Loans So Difficult to Obtain?

  The pendulum has swung 180 degrees regarding lending matters. If you don’t believe me, try getting a loan, or ask someone who has recently tried to get a loan. It’s a nightmare! Seven to nine years ago, all you … Continue reading

Posted in Home Tip and Advice, Mortgage Information | Tagged , , , , | 2 Comments

BY GOLLY…I THINK WE’VE JUST TURNED A HUGE CORNER!

Here are a few headlines from June 20, 2012: Americans See Biggest Home Equity Jump in 60 Years: Mortgages: Americans are digging themselves out of mortgage debt. Home equity in the first quarter rose to the highest level since 2008 … Continue reading

Posted in Foreign Investors Tips, Home Buyers, Home Sellers, Mortgage Information, Palm Springs Area Real Estate, Real Estate News | Tagged , , , , , | Leave a comment

What I Predicted 3 Years Ago

  I’m not sure where folks got the idea that Realtors had a “Secret Crystal Ball” in their back pockets, but throughout the housing crisis these past (7) years, clients as well as friends, would ask me this question. “When … Continue reading

Posted in Foreign Investors Tips, Home Buyers, Investors, Mortgage Information | Tagged , , , , , , | Leave a comment