Sunday, August 31, 2014

National Mortgage Settlement Checks for $1,480 to Go Out June 10 - Whittier Real Estate| Whittier Homes For Sale | Whittier Condos



National Mortgage Settlement Checks for $1,480 to Go Out June 10:


National Mortgage Settlement checks for about $1,480 will be sent starting June 10, with a completion date of June 17.
According to releases from various state attorneys general offices, Rust Consulting, the settlement administrator, will mail the payments associated with 962,278 loans. Rust Consulting also serves as the paying agent for the Independent Foreclosure Review settlement.
According to the mortgage settlement website, about $1.5 billion from the $25 billion settlement will be used to compensate borrowers who lost their home to foreclosure between 2008 and 2011 and had a mortgage that was serviced by one of the five banks in the settlement-Ally, Bank of America, Citi, JPMorgan Chase and Wells Fargo, the .. [Read More] ... publish by Trinityrealtyandinvestment at Whittier Real Estate  ....

Tuesday, August 26, 2014

Report: Shadow Inventory Looms Large for GSEs, HUD - Whittier Real Estate| Whittier Homes For Sale | Whittier Condos


Report: Shadow Inventory Looms Large for GSEs, HUD :


hadow inventory held by the GSEs and HUD “vastly” outnumbers REO properties the groups maintain, according to a joint report from the Office of Inspector General for the Federal Housing Finance Agency and HUD. The report further warned HUD and the GSEs must pay close attention to shadow inventory, which threatens to increase their supply of REOs.
For the report, shadow inventory was defined as properties 90-days or more past due but not yet in foreclosure
According to the report, as of September 2012, HUD held about 37,445 REOs in its inventory, while Fannie Mae and Freddie Mac had about 158,138 REOs, leading to a combined total of 195,583. [Read More] ... publish by Trinity Realty and Investment at Whittier Real Estate in CA
 

Friday, August 22, 2014

Beware of Home Hunting Burnout- Whittier Real Estate| Whittier Homes For Sale | Whittier Condos

Beware of Home Hunting Burnout:


House hunting can be a grind. If you’re not careful, it can easily take both an emotional and physical toll on you.
At the beginning, you and your family will be fueled by excitement, desire and enthusiasm – the raw ingredients of adrenaline. That’s what keeps you going.
After a while, however, a long day of viewing homes with fidgety kids and an empty stomach can leave you exhausted. When that happens, even the most ideal home can seem undesirable.
Since you don’t want exhaustion to result in a missed opportunity, it’s important to pace yourself. Here are some tips for doing just that.
•When it comes to endurance, everyone has their limits. If a child or spouse is looking tired, take a break. Just because one person is able to see a lot of homes in quick succession doesn’t mean everyone else in the family will have the same stamina.
•Never house shop on an empty stomach. Make sure everyone has a good breakfast, lunch, or dinner before heading out... [Read More] (Publish by Trinityrealtyandinvestment at Whittier CA 90603 on Real Estate Agents )

Thursday, August 21, 2014

Agent deploy drones in marketing properties - - Whittier Real Estate| Whittier Homes For Sale | Whittier Condos



 Agent deploy drones in marketing properties:
The drone swooped down on the Newport Coast house at 10 a.m. on a recent Friday.
For two hours, the remote-controlled, 4-foot-wide “octocopter” dipped and dived, circled and buzzed around the hilltop property at 1 Via Emilia.
Article Tab: Birds Eye Productions owner Josh Lambeth modified this 19-pound drone housing a camera with video/still capabilities and two batteries. He also added wheels for a soft landing. Both flight ending in smooth and well controlled landings. All wheels hit the ground at the same time.
Birds Eye Productions owner Josh Lambeth modified this 19-pound drone housing a camera with video/still capabilities and two batteries. He also added wheels for a soft landing. Both flight ending in smooth and well controlled landings. All wheels hit the ground at the same time... [Read More] (publish by Trinityrealtyandinvestment at Whittier Real Estate)