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Real Estate & Mortgage Co. {Ph:530-755-1130} Ranjit Kandola -ECOBROKER Certified -Realtor- E-Pro

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Archive for January, 2009

For Your Clients: 4 Tips to Getting a Loan

Saturday, January 31st, 2009

These days one of the biggest impediments to closing a real estate sale can be the buyer’s ability to get a mortgage.
Here are some tips for anyone who hopes to land a loan:

Turn to the government. The biggest source of loans these days is the Federal Housing Administration (FHA) and the Veterans Administration (VA). These [...]

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Loan Modification Plans Draw Critics

Saturday, January 31st, 2009

With the estimated number of foreclosures approaching 8 million, it seems like everybody has a plan for modifying mortgages, but no one can agree on which one could work.
One outspoken critic of most loan modification plans is Norm Miller, a professor at the University of San Diego’s Burnham-Moores Center for Real Estate. He says he [...]

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9 Housing-Market Head Winds for 2009

Saturday, January 3rd, 2009

With home prices having dropped a painful 21 percent from their 2006 peaks, property owners everywhere could use a splash of good news in their New Year’s Eve cocktails. But as a nasty recession is now part of the picture, the chances of an aggressive housing market rebound next year are dim. “A lasting recovery [...]

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