Los Angeles and Orange County Real Estate Blog

The Crisis of Credit Visualized

2009-04-07T10:04:00.001-07:00

The Crisis of Credit Visualized

Excellent Video on our Credit Crisis!

Posted using ShareThis

MLS Access - Search the SoCal MLS with updated Listings Information on Listingbook

2009-04-06T13:30:00.000-07:00

Contact me today for your free no obligation link to Listingbook, a new service that offers you
all the MLS listings you need to shop at your own pace for your dream home.

Listingbook provides a link from your agent that you log into and then you log in and set up your own search parameters and filters to obtain the listings you want to see and track.

This is truely a user friendly site and gives alot of information on each listing. It offers you the ability to track and file listings in a favorites or rejects file for future reference. You can easily send a message to your agent on any particular listing, using a note pad.

This is a great service and most of my clients love it. It gives them the freedom to search the MLS and see listings as they come on the MLS and they contact me when they are ready to set up a listing appointment.

To request your free link to Listingbook, please send me an email with your name and email contact information to garygonzales4279@gmail.com.

Give me a general search that you are interested in and area and when you log in you can update any search criteria to your personal preference.

There is no obligation! If you would like to set up a showing appointment at any time, please feel free to email me or contact me.

Counties and Cities offer Money for First Time Home Buyers purchasing homes in their Cities

2009-04-01T09:48:00.000-07:00

In efforts to stimulate home buying, Cities and Counties throughout L.A., Orange County and Riverside and San Bernardino Counties are rolling out programs that give incentives to first time buyers purhcasing homes. Among them, Los Angeles County's Housing Economic Recovery Ownership program is set to launch March 17, 2009. It will offer interest free 2nd trust deed loans of $50,000 to $75,000 to first-time borrowers who do not already own a home or for those who have not owned a principal residence for 3 years preceding the purchase of their home. Single family foreclosed homes are eligible in designated areas or tracts with a maximum price of $493,000 and foreclosed attached homes up to $394,250. No repayment of the 2nd trust deed is required until the home is sold, transferred, refinanced or no longer owner occupied. The program will require qualified applicants to complete an 8 hour homeownership course from an approved U.S. Department of Housing and Urban Development counseling agency. The county has set aside $10 million for the effort. More information is available at the following website link: http://www.lacdc.org/CDCWebsite/HDP/HERO.aspx?id=2848 In Riverside County, the city of Corona’s Redevelopment Agency has reinstated its Home Owner Assistance Program for first time home buyers. The agency will contribute the 20% down payment to purchase a foreclosed home up to $350,000. The city has received alot of applications since January and spent more than $750,000 of the $1.5 million allocated to the program. After the first $1.5 million is spent, Corona Redevelopment Agency indicated they may earmark another $1.5 million. Visit their website http://www.discovercorona.com/ for additional information.