When properly done, preapproval can speed up the purchase process by providing a rigorous assessment of the maximum amount a buyer can afford to borrow, based on a formal credit check and verification of income and assets.
But prevetting has become more difficult and confusing these days, for borrowers as well as lenders, as a result of lending rules that took effect in January.
U.S. homebuilders battered by the worst summer for home sales in a decade are already looking ahead to spring, saying they feel somewhat more optimistic about the prospect for an uptick in sales. What do you feel prices in homes will do in 2011? Increase or Decrease? Give me your thoughts..
Taila Gillespie - Realtor - 619.888.2223
After a two-week selloff, Treasuries started to make a comeback Tuesday as investors take in the latest inflation data.
Some Areas Are Seeing the First Signs of a Resurgence in High-End Home Loans
Banks are starting to make "jumbo" mortgages again.
When the credit crisis hit more than two years ago, many banks cut back or stopped making loans for more-expensive homes. Now, smaller and regional lenders are issuing more new jumbo loans and doing more refinancings—as are some big banks that never stopped making them. If the trend continues, it could help bolster home sales in some wealthier areas.
Water heaters eventually break, but repairing or replacing depends on age, condition, and budget.
Water heaters are non-issues UNTIL you get hit with that first icy shower or giant puddle in the basement. Then you have to think fast: Repair or replace?
Queen of Clean Linda Cobb offers ideas to straighten your house in a jiffy before guests arrive.
"If it's not dirty, don't clean it," says Queen of Clean Linda Cobb. That's the most important thing to keep in mind when it's time to spruce up before someone stops by. Here is Linda's ultimate guide to a quick cleanup.
GORGEOUS SARATOGA COMPLEX WITH DEL MAR RACE TRACK AND OCEAN VIEWS BEYOND! ! 3 Bd, 2 Ba. 1,625 sq ft. OPEN HOUSE TODAY 1-4. 355 Longden Lane, Solana Beach. Call for details... Visit www.DelMarBeachProperty.com to see all MLS Listings in Del Mar! Priced at $770,000
Employers boosted jobs at a faster pace in October than at any time in nearly half a year, but the unemployment rate remained stubbornly at 9.6 percent — further evidence of what the Federal Reserve has termed a "disappointingly slow" recovery.
Employers boosted jobs at a faster pace in October than at any time in nearly half a year, but the unemployment rate remained stubbornly at 9.6 percent — further evidence of what the Federal Reserve has termed a "disappointingly slow" recovery.
Google just released it's 2010 Google Creative Canvas book, showcasing some of the most unique and innovative ways that partner brands and companies are using their products. This year the Coldwell Banker YouTube channel, Coldwell Banker On Location was honored to be included.
Green energy can save you money over time, but solar panels and other options often require a huge upfront investment. You might choose to convert just to boost your green credentials. That can have its own value. But how long until that initial cost begins to translate to real savings – to that other kind of green?
California home sales posted their second consecutive monthly gain in September 2010, but were down from the same period a year ago, according to data from the California association of Realtors®
There will be a drumbeat of housing data this week leading up to the big announcement of third-quarter gross domestic product Friday. Visit www.delmarbeachproperty.com for the latest MLS listings in San Diego!
Nearly half of U.S. states reported drops in their unemployment rates last month, the best showing since June. But job creation was weak in most areas of the country.
