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From the monthly archives:

January 2009

Behind On Your Property Tax?

January 8, 2009

Overwhelmed by your mortgage payment?
If you’re somebody who is increasingly heading into the financial negative (such as increasing your credit card debt to stay afloat) you’re not alone.
There are many people in Orange County, California who have homes are are finding that they are depleting valuable resoures to stay afloat.
OCHomeHelp.com has worked with countless short [...]

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Orange County Short Sale Facts

January 8, 2009

Orange County, California Is Not Immune To Short Sales
Approximately 66% of home buyers purchased their homes with an adjustable rate loan and down payments of 10% or less.
The past couple couple months, as the 05/06 year loans began to reset, 404 of the 1255 buyers who purchase in those years with adjustable rates loans could [...]

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New Refinancing

January 8, 2009

FHA H4H Program
Last October, 2008, the FHA unveiled a new program that would provide the following to those that qualified.
You are given a loan for 90% of the appraised value of your home.
You sign a shared equity note/mortgage in favor of HUD with a fixed dollar amount intserted for HUD’s equity in your home.
For example, [...]

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Foreclosures and Short Sales Rising

January 6, 2009

When Will This End?
Unless the government decides to intervene with trillions of dollars this real estate market will at least continue until 2012.
The Cause.
This is partly due to the number of 100% adjustable rate loans that were funed in 2005 and 2006.
The Waves Are Coming.
The first waves as you may recall were the result of [...]

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