The Lund Team Admin - who has written 301 posts on The Lund Team Real Estate Blog.
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Thursday, March 10, 2011
SmartMoney has come out with a new set of rules for First Time Home Buyers:
1) More Money Down
2) Stay For a Decade
3) Prepare For Competition
Without a house to sell, first-time buyers have had a field day in the depressed housing market. Until recently, anyway. A series of new rules, regulations, and policies have changed the [...]
Friday, March 4, 2011
First-Time Homebuyer Tax Credit Extended for Veterans
If you or your spouse is a member of the armed forces and has recently served active duty outside of the US for at least 90 days between January 1, 2009 and April 30, 2010, you could still qualify for a first-time homebuyer tax credit of up to $8,000. [...]
Thursday, March 3, 2011
We have updated rules for those who want to buy a home, but have recently been through a bankruptcy or foreclosure.
Previous Mortgage Foreclosure
A borrower whose previous residence or other real property was foreclosed on or has given a deed-in-lieu of foreclosure within the previous three years is generally not eligible for an insured mortgage.
However, if [...]
Monday, February 28, 2011
We Lund’s help folks buy and sell homes in North San Diego County. This year the homes have been all price ranges and in various areas. But we are noticing a common theme: high number of buyer showings in the first 30 days. Our home on Hymettus (see picture) was put in escrow in 3 days after 30+ agent showings.
We hear many times that potential [...]
Tuesday, February 22, 2011
U.S Treasury Department approved to use nearly $2 Billion in federal funding to help struggling California families pay for their mortgages. There are some stipulations, but you can read the details here. If you know someone that needs unbiased, free counsel, call The Lund Team.
A summary of the details:
The primary goal to help families remain [...]
Friday, October 15, 2010
Bank repossessions and foreclosure auctions hit record levels in the third quarter, RealtyTrac said on Thursday.
372,445 foreclosure auctions were scheduled in July, August and September, while 288,345 properties were repossessed by lenders over the same time period.
Overall foreclosure filings edged up to 930,437 in the third quarter, a 4% increase from the previous quarter. One [...]
Tuesday, December 8, 2009
Anyone who watches Bravo’s TV show “Flipping Out” has noticed the show’s star Jeff Lewis has taken a break from flipping properties (buying low, renovating, and then selling for a profit) and is focusing more on his design business.
In the height of the market of 04’ and 05’ when property values were increasing every month, [...]
Friday, November 20, 2009
A new Bank Of America foreclosure in Pacific Beach that is not listed yet. 3 Bedroom, 3 Full Bath: 1870 PACIFIC BEACH DR #2, SAN DIEGO, CA 92109
Continue reading...Friday, November 20, 2009
Just reKeyed! Call us before this hits the market. Great rental, investment or owner occ. property. Single Level. Super clean.
12581 HORADO ROAD, SAN DIEGO, CA 92128
Email reo@lundteam.com for additional information, thanks.
Friday, April 29, 2011
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