This article describes buyer purchasing power over the last decade and demonstrates how buyers are the fulcrum between lenders and sellers.

During a time when money matters and interest rates charged on new mortgages are at 60-year lows, a question the government wants every homeowner to consider is “Should I refinance my mortgage?” Before answering this question, determine what you intend to accomplish by refinancing: • Reduce your monthly payments? Low interest rates, as well as [...]

During a time when money matters and interest rates charged on new mortgages are at 60-year lows, a question the government wants every homeowner to consider is “Should I refinance my mortgage?” Before answering this question, determine what you intend to accomplish by refinancing: • Reduce your monthly payments? Low interest rates, as well as [...]

This article reviews the obligations of the buyer (high bidder) at a trustee’s sale who takes title to a property occupied by a residential tenant, and the notice requirements imposed on the buyer who seeks to terminate the tenant’s right to possession.

As mortgage delinquencies remain somewhat out of control, those looking to capitalize on California’s 2,500,000 struggling underwater homeowners are emerging from the woodworks. They hold in their hands a promise many have been waiting for:  to prevent home foreclosure. However, behind their sweet-tasting words is a serpent’s tongue casting about for financially wounded homeowners’ money. [...]

The following is an abridged FARM letter version of the original article. For the full article, please click here. As mortgage delinquencies remain somewhat out of control, those looking to capitalize on California’s 2,500,000 struggling underwater homeowners are emerging from the woodworks. They hold in their hands a promise many have been waiting for:  to [...]

The following is an abridged editorial version of the original article. For the full article, please click here. As the nation’s residential real estate market begins to ascend out of its valley of economic despair, some are suggesting we may be fast approaching a new national crisis: a housing shortage. With fewer than 400,000 new [...]

As mortgage delinquencies remain somewhat out of control, those looking to capitalize on California’s 2,500,000 struggling underwater homeowners are emerging from the woodworks. They hold in their hands a promise many have been waiting for:  to prevent home foreclosure. However, behind their sweet-tasting words is a serpent’s tongue casting about for financially wounded homeowners’ money. [...]

As the nation’s residential real estate market begins to ascend out of its valley of economic despair, some are suggesting we may be fast approaching a new national crisis: a housing shortage. With fewer than 400,000 new households formed in 2009 — as opposed to the historical annual average of 1.3 million — development of [...]

Notice of Defaults (NODs) recorded in May 2010 totaled 23,911. That is: a 17% drop from April one month earlier (28,897); and a 44% drop from May one year earlier (42,203). Notice of Trustee Sales (NOTS) totaled 27,841 in May 2010 had a similar trend: a 12% drop from April one month earlier (31,594); and [...]