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Freddie Mac Sets New Timelines for Short Sales

On May 9, 2012 · Leave a Comment · In Real Estate News

Good News for processing Short Sales faster and with more transparency, Freddie Mac (OTC: FMCC) is updating its timelines and also requiring servicers to provide weekly updates when decisions take more than 30 days after the receipt of a complete application for a short sale under the Obama Administration’s Home Affordable [...]

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When Are Property Taxes Due? April 10th & Dec 10th!

On April 3, 2012 · Leave a Comment · In Real Estate News

As a La Jolla homeowner there are always two dreaded dates on a the Calendar! The fist installment is due on December 10th, and the second installment is due on April 10th! Why? Those are the dates that property taxes are due!

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Short Sales Get Shorter As New Deadlines to go into Effect!

On March 22, 2012 · Leave a Comment · In Real Estate News

Mortgage servicers will be kept to strict short sale timelines agreed to under the state Attorneys General foreclosure settlement this week.

As part of a settlement the five largest mortgage servicers are adopting new requirements for short sales, which is expected to speed-up what has been known as a lengthy [...]

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Does Your Property Have Mellos Roos? Good News: The Tax Deductions Are Not Changing!!!

On January 11, 2012 · Leave a Comment · In Real Estate News

Quick update on the Mellos Roos Assessment! Just as the tax-filing deadline has come and gone “the Franchise Tax Board abandoned its campaign to get California property owners not to deduct a portion of their real estate taxes” per San Francisco Chronicle. If you are a California homeowner and your [...]

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Who Pays What? A Guide to Closing Costs!

On December 6, 2011 · Leave a Comment · In My Point of View, Real Estate News

As a La Jolla Realtor one of the biggest questions I get asked from either my Sellers or my Buyers is: Who pays what in a transaction? In California once a home is under contract we have third party Company called Escrow that facilitates the transaction. The true definition of escrow is:

[...]

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San Diego County Recorder is Allowing Special Recordings Again!

On December 3, 2011 · Leave a Comment · In Real Estate News

Effective December 1, 2011 the County of San Diego Recorder’s office has re-instituted Special Recordings for SALE transactions only!

Your La Jolla home escrows can now close in a timelier manner by allowing you to fund the loan and record all on the same day!

 

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