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The Come Back Buyer

07.10.2013 , Blog, Featured, Home Buyer Tips, Home Financing Tips , 0 Comments

"The Come Back Buyer" How Long Do Buyers Need to Wait Before They Can Become Home Owners Again?   Summit Funding has been nice enough to share this information. CONVENTIONAL  CHAPTER 7 BK 4 YRS FROM DISCHARGE DATE CHAPTER 13 BK 2 YRS FROM DISCHARGE DATE 4 YTS FROM DISMISSAL DATE FORECLOSURE 7 YRS FROM RECORDED DATE SHORT SALE 2 YRS - 80% LTV 4 YRS - 90% LTV 7...

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AIA Santa Barbara tour: low-income design, affordable rentals

27.09.2013 , Blog, Featured , 0 Comments

AIA Santa Barbara tour: low-income design, affordable rentals AIA Santa Barbara tour: low-income design, affordable rentals Casa de los Fuentes in downtown Santa Barbara consists of 42 affordable rental units. (Peikert & RRM Design Group) In a fresh take on home tours, the American Institute of Architects' Santa Barbara chapter has organized an event Oct. 5 highlighting low-income housing as...

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Rising Rates Prompt Cash Buyers to Act

29.08.2013 , Blog, Featured , 0 Comments

While higher mortgage rates have been blamed for the slowdown in pending home sales, they may be contributing to an increase in cash purchases, RealtyTrac suggested in a recentreport. In July, about 40 percent of residential property sales were all-cash transactions. The share presents an increase from 35 percent in June and 31 percent compared to July 2012. Dallas experienced...

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Underwater Homeowners Become A Smaller Slice Of The Pie

29.08.2013 , Blog, Featured , 0 Comments

More than 1.96 million homeowners to be freed by next year Even as home values continue to recover, millions of homeowners remain so far underwater that it will take years for them to regain equity in their properties. However, the latest data from Zillow (Z) reveals that underwater borrowers are becoming a smaller and smaller piece of the...

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