The Gurrola Team: Updates and Info

Victor Gurrola | (626) 768-2149 8421 Augusta Dr, Anaheim, CA This unique home in Anaheim has a lot to offer in a very desirable area of Orange County. There are 3 bedrooms and 2 baths in 1135 square feet. 3BR/2BA Single Family House offered at $305,000 Year Built 1954 Sq Footage 1,135 Bedrooms 3...

Victor Gurrola | (626) 768-2149 875 Sunset Pl #34, Diamond Bar, CA This gorgeous condo is located in a quiet community in Diamond Bar. It features 3 bedrooms and 3 full baths in 1,562 square feet. 3BR/3BA Condo offered at $650,000 Year Built 2006 Sq Footage 1,562 Bedrooms 3 Bathrooms 3 full, 0 p...

July proved to be a bad month for the Home Affordable Modification Program. The number of homeowners receiving permanent modifications was at its lowest since December and the number of people dropping out of the program was on the rise. Since its inception, nearly half of the homeowners who bega...

A home in Malibu that recently sold was the center of a public relations mess for Wells Fargo. The two story home on the beach was reportedly used for parties by a Wells Fargo executive who was also occupying the home. The home was in foreclosure because the owners were victims of Bernard Madoff'...

Economists are debating the possibility of a double-dip recession in some parts of the country. The economic recovery is not as strong as is was previously, leading economists to predict another recession in several areas of the country. They looked at unemployment, housing, and industrial produc...

California SB 1275 is past the Senate and is now before the Assembly. If passed, the bill would prevent loan servicers from beginning foreclosure proceedings until the homeowner receives a final decision on their loan modification attempt. The bill would also provide damages to homeowners whose h...

When you want to get maximum exposure and a quick rate of sale for your listings, it's imperative that you take advantage of all the possible places to list a home. It's not enough to have your listings on the MLS and one other listing service. Buyers generally use one of two listing services, Re...

For the eighth week in a row, mortgage rates are at record lows. With unemployment still high, lenders are more willing to accept lower returns on mortgage securities. Freddie Mac reported that for a 30-year fixed rate mortgage with borrowers paying 0.7% up front in fees, the interest rate averag...

Despite reporting an improved financial condition, Fannie Mae asked for more government assistance. The company reported that they lost $1.2 billion last quarter compared with $11.5 billion in the previous quarter. It was the smallest loss reported since the company became government operated in ...

Zillow reported that 21.5% of mortgage holders were underwater for the third quarter. This is a very small gain over the previous quarter, when 23.3% of loans were underwater. The number of underwater loans is an important factor in predicting foreclosure rates, so it is a closely watched statist...