ARCHIVED BLOG POSTS
2011
Foreclosure starts and delinquencies dropped significantly from a year ago, according to Lender Processing Services' (LPS: 26.47 +2.08%) Mortgage Monitor report. Servicers started 187,423 foreclosures in April, down 14.7% from a year ago and down 31% from March. Total delinquencies, at 7.97%, ar...
05/31/2011
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2011 FHA Waiting Guidelines Bankruptcy – You may apply for a FHA insured loan after your bankruptcy has been discharged for TWO (2) years with a Chapter 7 Bankruptcy. You may apply for a FHA insured loan after your bankruptcy has been discharged for ONE (1) year with a Chapter 13 Bankruptcy Fore...
05/31/2011
The city of Los Angeles says it will close southbound lanes on Pacific Coast Highway from Temescal Canyon Road to Entrada Drive in Pacific Palisades from Tuesday to Saturday. The closures are due to the $10 million Coastal Interceptor Relief Sewer project. According to an email from the city, on...
05/31/2011
OPEN HOUSE - SATURDAY 5/28 from 2p -5pOPEN HOUSE - SUNDAY 5/30 from 2p - 5p 18133 Wakecrest Dr., Malibu, CA 90265 MLS: 11-521991 4B/2.5B $1,689,000 Spectacular opportunity in Sunset Mesa. This completely renovated home offers an open floor-plan with an indoor/outdoor flow, with the living room an...
05/27/2011
For the second consecutive year, Malibu has no beaches appearing on Heal the Bay's Beach Bummer List, which includes the 10 most-polluted beaches in the state based on bacteria measurements. The water quality watchdog released the bummer list along with grades for the other beaches in Californi...
05/26/2011
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The recently formed Malibu Realtors Charitable Fund held its first fundraising event earlier this week at Taverna Tony. Guests enjoyed drinks, appetizers and mingling while supporting the nonprofit that offers assistance to Realtors and others in the community during emergency situations and othe...
05/25/2011
Homeownership will grow in direct proportion to how renters start buying homes again. We all know that there is not now, nor will there ever be, a more effective home purchase incentive than rising rents. Those who can buy, and want to buy, have been waiting for this moment. These are the renters...
05/25/2011
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The MLS (Multiple Listing Service) is a group of services that enables real estate brokers to work with one another in a variety of ways. They can advertise properties for sale, create contractual offers with other brokers and research information. Appraisers use the MLS for research and incor...
05/23/2011
Here are three great financial reasons why you should not wait before taking the plunge into homeownership.1. The 30-Year Mortgage May DisappearThere has been much debate regarding government's role in providing support for homeownership. There are several experts who believe if Fannie Mae and F...
05/20/2011
Existing-home sales dipped 0.8% to a seasonally adjusted annual rate of 5.05 million in April and down 12.9% from the 5.8 million pace one year ago, according to the National Association of Realtors. NAR said home sales were elevated in late spring of last year because of the expiring homebuyer ...
05/20/2011
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Bobby LehmKuhl
Exceeding Every Clients Expectations. Every Time.