Is the value of your property less than the County Tax Assessor's Valuation? Are you frustrated for the past couple of years when you have to write that check? We may be able to help you reduce the pain, as you can apply to have your property taxes reduced! But don't dealy as there is a deadline for requests, which is 4/29/11. You'll need your parcel number and the tax valuation found on your property tax bill. They...continue reading...

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The “Shadow Inventory” of Foreclosed homes is rising.  This inventory is made up of homes already repossessed by lenders buy not yet on the market for resale.  There is great debate in the real estate community about the effect this shadow inventory will have on existing resale home prices and neighborhood values over the next couple of years.  Inman News published this article recently and addresses the issue at hand. Article from Inman News below: Source: CoreLogic The "shadow inventory" of homes...continue reading...

Here is an FHA Update on Condo financing from friend of HotOnSanDiego and PRMI Mortgage's Kevin Kueneke.  For more information, please contact us directly. If you have gone to the FHA condo approval site this week, you would have seen that condo complexes that have approvals expiring on 12/07/2010 now have a notation below the date: nearing expiration.  I have attached the report for 92024 as an example.  This is of course a concern for anyone hoping to open escrow on such a...continue reading...