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Real Estate News, December 2011

December 22, 2011 By katie Leave a Comment

 

 

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Katie Muck REALTOR® (DRE License
Number 00624729)
RE/MAX Palos Verdes
450
Silver Spur Road
Palos Verdes Peninsula,  CA  90274
310.703.1931
310.703.1999
Contact
Me
Visit My Web Site
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Penthouse
Condominium
This one-level condo has no units on either side or above
it! 1784 sqft w/2 masters. $339,500

Stunning Ocean/Coast
Views
CAUTION: This view will take your breath away! 3BR/2BA home in
Palos Verdes Estates. $1,750,000
Check home’s permit history before
buying
Now more than ever, it’s important to protect yourself from
unexpected surprises when you buy a home. The goal is to find out as much about
the house as possible before closing.
…more
Why real estate price padding
doesn’t work in today’s market
Many sellers are in denial about the
current value of their home, particularly if they bought within the past five to
six years. The market peaked in the summer of 2006, and home prices dropped
significantly in most areas from 2007 through 2009.
…more
Don’t sign these loan docs
blindly
After a home buyer has identified which documents can be signed
quickly and set aside at closing, the second step is to read the “educational
documents” that contain information that borrowers should know before starting
the mortgage process.
…more

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Should I
Refinance?
Estimate Payments
Fixed or Adjustable?
Should I Make Extra
Payments?
Will I Qualify?
How Much Can I
Afford?
Katie Muck
REALTOR®
RE/MAX
Palos Verdes
450 Silver Spur Road
Palos Verdes
Peninsula,  CA  90274

310.703.1931
310.703.1999
Contact
Me
Visit My Web
Site
Equal Housing Opportunity
CoreLogic: No rise in US real
estate prices before 2014
Two prominent home-price indices continued to
show declines in September and October, with one outlook indicating no more than
flat growth in the next two years. …more
Six must-haves for mortgage
approval
Interest rates are hovering around historical lows, and low
interest rates increase affordability, making it easier for buyers to qualify.
Yet stories of buyers waiting months to gain loan approval and home purchase
transactions not closing on time due to lender’s strict underwriting are all too
common. …more
American dream of homeownership
continues amid foreclosures
By now, nearly five years after the real
estate market meltdown began, you’d think virtually no housing consumer has been
unaffected. To start, more than 5 million homes have been foreclosed and
repossessed by lenders; 10 million homeowners are underwater (owing more on
their homes than the homes are worth); and untold millions who want to offload
their homes either can’t or are trying — and struggling — to sell. …more

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