Buyers

California Real Estate Market Update

by Bob March 15, 2011 Buyers

California Realtors’ report: Statewide, the pace of sales in February was down 4 percent from a year earlier, the California Association of Realtors reported today. At $271,320, the median resale house price fell 2.8 percent from February 2010.

The group’s report is based on data from local Realtor associations and multiple listing services.

“With continued concerns about …

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Banks Rush to Foreclose!

by Bob March 10, 2011 Buyers

An Orange County Superior Court judge who initiated a “foreclosure relief” program that appears to be unique to California courts says that many banks have not been mediating in good faith with troubled borrowers to work out solutions and instead have rushed to repossess homes.
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Hundreds of lawsuits challenging foreclosures are now on a special calendar in Orange County Superior Court each month. Earlier …

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Big Builders End 5-Year Losing Streak With 35% Increase!

by Bob March 1, 2011 Buyers

Orange County’s homebuilding industry reversed a long-running streak of declining sales last year thanks to a big boost in construction on Irvine Ranch land.

The county’s 31 largest homebuilders sold 1,989 new homes and condominiums in 2010, a 35% increase from a year earlier, according to this week’s Business Journal list.

Data for this year’s list was …

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FHA Announces Fee Hike. Targeted Relaxation of Regs Ahead?

by Bob February 15, 2011 Borrowers

“That was quick….

FHA TAKES STEPS TO BOLSTER CAPITAL RESERVES

New premium structure for 30- and 15-year loans will help private capital return

WASHINGTON – As part of ongoing efforts to strengthen the Federal Housing Administration’s (FHA) capital reserves, FHA Commissioner David H. Stevens today announced a new premium structure for FHA-insured mortgage loans increasing its annual …

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52 Mayfair, Aliso Viejo

by Jessica January 28, 2011 Buyers

Bobby D. takes you on a tour of a beautiful 3 bedroom home in Aliso Viejo – call to schedule your showing today!

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Inspira’s 2011 Super Bowl Pool!

by Jessica January 27, 2011 Buyers

Steelers vs. Packers

Here’s How It Works: It’s $10 a square. The pool will only happen if we fill all the squres. If we don’t, your money will be returned.

First quarter winner gets $100
Halftime score winner gets $250
Third quarter winner gets $100
Final Score winner gets the $550 that is left.

Email the pool to superbowl@inspiragroup.com or fax it to …

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Success in 2010!!!

by Bob January 20, 2011 Buyers

As we look back on 2010, we are blessed to have helped so many families. Below are the top successes:

- We sold Karen’s home for over $1.3 million in less than 1 week and were able to get her foreclosure postponed. She netted over $250,000 and this was after her lawyer told her to declare …

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2132 W. Lullaby, Anaheim

by Bob January 12, 2011 Buyers

Equity Seller!!! Newly remodeled 3 Bedroom/3 bath home in an excellent location! New kitchen includes new granite countertops, cabinets, sink, and bay window. New double paned windows, new carpet, new wood flooring, and new paint throughout. All bathrooms have been completely remodeled w/ new tile, bathtub, toilets and sinks. Bright and …

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Mortgage rates at lowest point since at least 1971!!!

by Bob June 25, 2010 Borrowers

From Yahoo! Finance:

“WASHINGTON (AP) — Mortgage rates fell this week to the lowest level on records dating to 1971, giving consumers added incentive to lock in low payments for home purchases and refinanced loans.

The average rate for 30-year fixed loans sank to 4.69 percent, from 4.75 percent last week, mortgage company Freddie Mac said Thursday.

That’s …

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What Were California Legislators Thinking???

by Bob April 26, 2010 Buyers

In concept, approving $100,000,000 (that is one hundred million dollars) tax credit for homebuyers is a great idea – I love the idea of helping homebuyers. However, this overlaps with the Federal program which is set to expire on April 30, 2010. Why couldn’t they have this start with contracts written May 1, 2010? So …

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