Kirk Mulhearn's (kirkmulhearn) Blog

    Long Beach, CA.   Now is the time to embrace all the programs that are available in the local markets to finance real estate.  With over 50% of properties being distressed, it is absolutely necessary that your real estate agent is familiar with the type of financing that can help move REO and...

      Long Beach, Ca.  Well, I guess when it rains, it pours.  Unemployment figures not withstanding, see below.  I still believe that during such interesting times that there are always opportunities that arise for both first time home buyers and investors alike.  Imagine a 4 bedroom, 3 bath hom...

Long Beach, Ca.  President Obama has his first real challenge fencing with the Republicans in the Senate over the new stimulus package.  It seems that the other side of the aisle wants to cut a minimum of 100 billion out of the budget for programs that, "do not stimulate." Barack Obama is hoping ...

Southern California Pre-Sale Inspections are required by certain Cities   Long Beach,CA.  Please see the attached list wherein certain cities require inspections of listings before they are sold, it is imperative that real estate agents are aware of this trend because if it is not done properly u...

Long Beach, Ca.  While there were over 200,000 free meals given away yesterday as a promotion for Dennys, it was an ugly day for rates, which is unfortunate because it seems that the slightest positive news about the economy makes rates go higher, whereas currently they don't seem to be heading ...

Long Beach, Ca. There isn't much news today, which is good because Denny's announced, during the 3rd quarter of the Super Bowl, that it will give away a free Grand Slam breakfast to any customer visiting its restaurants today between 6AM and 2PM.  The only problem with this is that when I drove b...

Long Beach, Ca.  Congratulations to both the Steelers and the Cards for a great Super Bowl, I feel that it could have gone anyway and the Cards can hold their heads up high because they proved that they are Champions, last night. So far, the FED and Treasury and White House have implemented over ...

Long Beach, Ca.  A few reflections on the current real estate market place, while awaiting Super Bowl 2009 and the Cardinals inevitable doom by being sucked up into the engines of the Steelers' finely machined aircraft; hey, didn't that cause a plane crash last week? There are a couple  new trend...

The Long Beach Mortgage Report: Fico is revising Credit Scoring Models Long Beach, Ca.  On the Credit Front.   Credit scores and the system are being revised.  Fair Issac will start offering the revamped score, "FICO 08," to lenders. Fair Isaac believes that the new score will do a better job of ...

Long Beach, CA.  Despite all the malicious economic news for 2008, we saw here great strides by the State of California and home owners to re-embrace solar energy.  The year 2008 was a record breaking year for home owners to install systems in their homes, despite the overall economy.  These sola...