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Orange County Investment Homes Can Actually Cash Flow!

August 13, 2011 by · Leave a Comment 

Orange County Investment Homes Can Actually Cash Flow!   For several years while prices increased dramatically and quickly, it was difficult to buy homes that cash flowed and/or gave good cash on cash returns, and many investors were buying hoping to grow their equity rapidly and sell for a profit.   Today, after median values [...]

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Fannie Mae Views Loan Mods as Short Sales for Purpose of Refi or Purchase

August 4, 2011 by · Leave a Comment 

Fannie Mae Views Loan Mods as Short Sales for Purpose of Refi or Purchase   According to one of our lenders, there are new underwriting guidelines, Fannie Mae will now view loan mods as short sales for the purposes of doing a refinance or a purchase. What does this mean?  Even if a borrower was able to [...]

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Is it the Right Time to Buy an Orange County House?

Is it the Right Time to Buy an Orange County House?

July 3, 2011 by · Leave a Comment 

Is it the Right Time to Buy an Orange County Home?   There are lots of discussions about whether or not the housing market is at the bottom, whether a buyer should wait longer to take advantage of lower prices or buy now rather than potentially miss out. Knowing that this is an ongoing conversation [...]

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Why Are the Homes on Trulia Often Not for Sale?

February 18, 2011 by · Leave a Comment 

Why Are the Homes on Trulia Often Not for Sale?   Perhaps often is an exaggeration. However, I have received many requests to see homes that are not truly for sale and have seen many questions on Trulia and other sites asking about homes that are not currently for sale. The problem is that Trulia [...]

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What Does an Appraiser Do?

What Does an Appraiser Do?

February 18, 2011 by · Leave a Comment 

What Does an Appraiser Do?    In the real estate industry, much of what occurs to close a transaction is not performed in front of the client, but in research, analysis, marketing, and many other forms of time consuming work. Clients often see real estate professionals in short bursts of energy such as writing an [...]

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How Do You Prepare for an Appraisal?

February 17, 2011 by · Leave a Comment 

How Do You Prepare for an Appraisal? Today we are fortunate to have a guest post from Andrew McGrath, a licensed appraiser. A common question at the beginning of the appraisal process is “What does the homeowner/buyer need to do to get ready for the appraisal inspection. The truth is that the homeowner/buyer should not [...]

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