We are very happy to be able to offer free real estate workshops for both buyers and sellers. This series will be updated regularly, so definitely bookmark the page and visit often. This is literally a (free!) treasure trove of information and tips that you can’t afford to miss.
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5 Real Estate Scams You Need to Know About
Don’t be duped by mortgage fraud. Here are a few common scams and the red flags you should look for in a transaction.
Mortgage fraud is pervasive: An estimated $4 billion to $6 billion in annual [...] You deserve it! Normally, this is not a good reason to buy anything. But if you have been smart with your money (saving up to purchase a home, working to earn an excellent credit score, etc.) then you deserve to reap the benefits of your planning and good sense. And with prices still low, plenty of properties to choose from, tax credits on the way out, and desert vistas beckoning, you should consider that now really is the perfect time to procure the Palm Springs or other Coachella Valley home of your dreams. The California Desert Association of Realtors has released some very interesting stats that support what we have been saying about the Palm Springs real estate market rebounding. It will particularly surprise many that conventional sales are outpacing distress sales (Short Sales and Foreclosures). Palm Springs area real estate is cooking. Don’t believe us? Have a look at the empirical evidence below. These are facts! I feel good about our efforts to educate our clients rather than sell them – in much the way that I feel satisfied that my mother has every advantage in her fight to overcome some daunting medical issues because of my quest to absorb all I can to help her. We were just talking about the new HAFA Program (Home Affordable Foreclosure Alternatives Program) that attempts to bring some structure to the short sale process in order to accelerate it and make it more “equitable”. Adding to the benefits comes Senate Bill 401 signed into law on April 12, 2010. For those of us who have experienced the frustrations of trying to work with Lenders on our clients’ short sales, help has arrived! The Home Affordable Foreclosure Alternatives (HAFA) Program provides options to avoid foreclosures. We join the California Association of Realtors in commending California Governor Arnold Schwarzenegger for his decision to implement the Homebuyer Tax Credit. The following is the press release issued on March 25th, 2010 by C.A.R. |
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