mortgage Archives -

Well, according to Freddie Mac, Rising Mortgage Rates DO NOT Lead to Falling Home Prices Freddie Mac recently published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year. Many believe that an

Year End 92009 Market Report

November 20, 2015

Carlsbad, Homes for Sale in San Diego, Market Updates

by Scott Murphy Year End 92009 Market Report for La Costa, Southeast Carlsbad It should come as no surprise that as of November 2015 Carlsbad real estate has taken a jump over the prior year–as have most homes for sale in San Diego. Prices for both homes and condos rose substantially at year end 92009

Buying a San Diego Home? Rate Lock!

June 10, 2013

Carlsbad, Tips for Buyers

1 Comments

Change Your Closing Date To Get A Lower Mortgage Rate

Deficiency Judgment on San Diego Short Sale?

May 3, 2013

Featured Blog Posts, Military, Short Sales, Tips for Sellers

Put to rest the nightmare of a lender pursuing a deficiency judgment against you for mortgage debt forgiven in a California short sale. It’s not going to happen! Mortgage lenders are prohibited from obtaining a deficiency judgment following the short sale of a residential property with no more than four units. Junior lien holders are

Deadline Approaching for San Diego Short Sales

October 21, 2012

Featured Blog Posts, San Diego, Tips for Sellers

1 Comments

Urgent Advice for San Diego Homeowners If you wish to escape some potentially devastating income tax consequences–and are underwater on your San Diego home mortgage–you may want to consider listing your home as a short sale immediately. Even the New York Times has issued a dire warning: As it stands now, any mortgage debt forgiven

Good Debt, Bad Debt–or No Debt?

May 19, 2012

Relocation, Tips for Buyers

by Roberta Murphy—Carlsbad, CA Scott Murphy recently focused my attention on a Yahoo Finance article, The Myth of Good Debt –originally posted on US News and World Report. It’s a good reminder for us all. In short, the author says all debt is basically…debt. It’s an obligation one owes to another, and that’s not necessarily a good

San Diego Mortgage Rates at All-Time Low!

May 17, 2012

Relocation, Tips for Buyers

NOW is the time to buy San Diego Real Estate Inventory levels in the San Diego real estate market have been steadily shrinking–which means that our market (at least near the coast) has likely reached more normalized conditions. Add to that today’s announcement that mortgage interest rates have reached an ALL TIME LOW and buying signals

Creative Real Estate Financing in San Diego

December 4, 2011

Tips for Buyers, Tips for Sellers

by Mark Murphy What is Creative Real Estate Financing? It’s been a long time since San Diego real estate investors have had so much inventory from which to choose. Inventory levels are high, interest rates are low and rents are rising throughout the area. It’s a depressed market and San Diego has become an investor’s

Beware those Real Estate Foreclosure Scams

March 23, 2009

Foreclosures, Tips for Sellers

6 Comments

by Roberta Murphy Carlsbad, CA –Foreclosure scams are abounding in San Diego. I can’t begin to tell you how often we get emails and calls about how we can increase our real estate income if we will just turn our distressed clients with distressed mortgages over to “them.” “Them” are the folks who charge financially

Refi Boom To Delay Closings?

December 23, 2008

Uncategorized

How The Refi Boom May Delay Purchase Closings