Tag Archive | "General News"
SmartMoney’s New Rules For First-Time Home Buyers
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 [...]
Continue reading...First-Time Homebuyer Tax Credit Extended for Veterans
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. [...]
Continue reading...Bank’s New Rules For Buying After Bankruptcy and Foreclosure
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 [...]
Continue reading...Buyer’s ‘Look’ Heavy In Early Months of 2011
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 [...]
Continue reading...$2 Billion of Federal Help for California Homeowners
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 [...]
Continue reading...New Foreclosure Near San Elijo Hills
Tuesday, June 15, 2010
The Lund Team received this property to sell approximately two weeks ago and is not in the process of listing the property for sale. The home is not yet listed in the MLS. Large single family home on the border of Carlsbad and Sal Elijo Hills in the newer development Old Creek Ranch. Nicely upgraded residence: granite counters, [...]
Continue reading...Detached Single Family In Escondido
Tuesday, April 6, 2010
Spacious detached residence located in the Kent Ranch neighborhood at the north end of Escondido. Below ground pool and spa, hardwood flooring, upgraded kitchen with white tile counters and dark stained cabinetry, panoramic north facing views of mountains and canyon. Large master suite and bath with fireplace, dual sinks, soak tub, and private view deck. 1314 Ward Place Escondido, CA 92026 [...]
Continue reading...Investment Opportunity In East County San Diego
Tuesday, April 6, 2010
This property was listed for sale at the end of last week and is ready for a new owner! Large townhome in the Santee area of San Diego County. Awesome investment opportunity for an investor or anyone looking for a steady income property. Private outdoor living area, two car attached garage, wonderful interior features, large [...]
Continue reading...New Foreclosure in Encinitas Ranch
Wednesday, March 31, 2010
The Lund Team will be listing a new foreclosure home in Encinitas Ranch, a renowned beach community in Encinitas, California. The property is located on the fairway of the 4th hole at Encinitas Ranch Golf Course and offers panoramic west facing views of the golf course and Pacific ocean. The neighborhood offers multiple community parks, extensive golf [...]
Continue reading...Home Sales Decline in December? Bad Stats
Monday, January 25, 2010
Here is an example of biased stat making not painting the whole picture. ———– WASHINGTON (MarketWatch) – Sales of U.S. existing homes plunged 16.7% in December to a seasonally adjusted annual rate of 5.45 million from 6.54 million in November as a popular tax credit was set to expire, a national real estate trade group estimated Monday. [...]
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Thursday, March 10, 2011
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