By Kelli Galippo • Dec 21st, 2010 These are the Federal Housing Administration (FHA) single family residence (SFR) loan limits, effective January 1, 2011. Actual loan limits are established for each county, depending on whether they are considered a high-cost or low-cost area. For high-cost areas (regions where the loan limits may exceed $417,000), the [...]

By Kelli Galippo • Dec 13th, 2010 • Many sales factors are to be considered when setting the most competitive asking price for a home. A well-considered asking price for a home is a price carefully based on market conditions. Be realistic about the sales price you are actually willing to accept for your home [...]

By Kelli Galippo • Dec 15th, 2010 • California communities with a high volume of foreclosures are struggling to maintain the appearance of their neighborhoods as the influx of renter-occupants invests less time in the upkeep of their homes. When investors buy up foreclosures and rent them out, the increased renter-to-homeowner ratio means neighborhoods are [...]

FDIC Reports High Volumes of Delinquent Construction Loans By Kelli Galippo • Dec 13th, 2010 Nationally, one out of every six dollars of construction and development (C&D) loans issued by banks, roughly 16% of all C&D loans, are at least 90 days delinquent as of September 30, 2010. Another 2% are 30 to 90 days [...]