The Business Journal, a local paper, indicated that just under 25 percent of all houses in the Fresno Metropolitan area have negative equity; meaning the owner owes more than what their home is worth. That’s a large drop from 2012.
This, I think, is a reflection of the increased appreciation in property values over the last year. That’s good news […]
Forbes magazine has an interesting article with the above title: It goes into the pros and cons of selling to an investor. Since Central Cal Homes, Inc. does buy directly from Sellers as well, I thought it beneficial for prospective sellers to see the comments from an outsiders perspective.
The Pro’s are: 1) Flexible payment options. 2) Cash […]
7/17/14
Guarantee Real Estate just reported that the number of homes for sale has increased and the number of days
the property is on the market has increased slightly year to date; the number of days on the market is the time it takes to
get a buyer, not when it actually closes escrow. Our experience puts that number around 45 days. […]
12-4-13 – The Home Affordable Refinance Program, also known as HARP, is a federal program of the United States, set up by the Federal Housing Finance Agency in March 2009 to help underwater and near-underwater homeowners refinance their mortgages. The application deadline is Dec 31, 2015. To see if you qualify check out the HARP website!
If you’ve received unemployment benefits within the last 30 days you could qualify for mortgage assistance. Notice there’s a time parameter here. If you’re about to lose you unemployment benefits, you need to hurry. See it at Keep Your Home California