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Riverside, CA Real Estate News

By Virginia OnullConnor, Realtor - Temecula, Anza, SoCal
(Realtor®, Photographer, Artist)
Off the beaten track - by a few lightyears! Fun events in Temecula and Riverside, CA, Part 2 Okay, I was getting ready to write a REAL real estate post, but after my post yesterday on my search for fun local events in the Temecula area, I just HAD to do one on this. It's in Riverside, not Temecula (same county, though), but we're going to this, too, and looking forward to a great time. It is....The Star Trek Exhibition! It's a traveling exhibit of many of the Star Trek props, costumes and other Trek related paraphernalia. I don't know of anyone who has been to it yet, but we are hoping for something like the Star Trek Experience that ran in Las Vegas, NV for a number of years before closing last year. :-(. Probably this will not be as elaborate as that one was. That was awesome in true ...
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By Deborah Nance, Southern California , Reverse Mortgage Specialist
(Orange County, Corona, Riverside, Los Angeles)
Reverse Mortgages in Riverside, California and the rest of the country are set to change on October 4th, 2010. There was a very informative and relative post at Reverse Mortgage Daily, yesterday: Here's the gist of  it: On October 4, 2010 (yep, next month) there will be some changes to all new HECM loans with case numbers assigned after that date.  We've know n about these upcoming changes for some time now and here they come. The MIP will increase from a .5% annual premium to 1.25%.  This amount is added monthly to the loan  balance.  The principal limits (sort of like Loan To Value ratios) will decrease between 1 and 5% where they are currently. This is the second time HUD has been forced to reduce the principal limits in the last two years.  Last year HUD reduced the principal limits...
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By Brian Skaar, Purchase Loan Specialist - VA, FHA, Conventional
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Riverside VA Loans & VA Jumbo Home Mortgage Loans - VanDyk Mortgage - California VA Lender & VA Jumbo Lender.   VanDyk Mortgage is your source for VA Loans and VA Jumbo Loans in Riverside.  We have been making VA loans since 1987.   VanDyk Mortgage is a Direct Lender.  We offer many loan programs for Riverside Homebuyers and Riverside Homeowners to Purchase and refinance homes.. VA purchase Loans VA Refinance Loans VA IRRRL Streamline Refinance VA Jumbo purchase Loans VA Jumbo Refinance Loans VA Jumbo IRRRL Streamline Refinance VA Loans are available to purchase or refinance Condominiums too.   Here is more information on VA Condo Loans for Riverside. VA Jumbo Loans are also called VA High Balance Loans.   These are VA Loans that are $417,001 and higher (up to $1.5M).    Riverside VA Lo...
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Prices in Riverside, California are moving up at an average rate of $52.50 per day; however, in the last 3-month period vs. the same 3-months from 2009 23% fewer homes sold, but current prices are higher per square foot than last year. The biggest change in 1-year is the shift from mostly REO sales to more of a balance between REO, standard and short sales. REO sales continue to sell the fastest and the Standard sales pull the highest prices.
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