Elissa Davey's (edavey) Blog

How many of you have noticed the trustee sales lists in the back of the paper?  If you really pay attention you will start to notice that 90% if the trustee sales are from Hispanic homeowners. This is a shame that this ethnic group was targeted by the lending institution.  They were not informed ...

The Housing and Economic Recovery Act: Tax Credit The tax credit is for First Time Homebuyers (not owned a primary residence for the past three years) whose loan closed between April 9, 2008 and June 30, 2009. The highest amount of the tax credit will be $7,500 for individuals earning up to $75,0...

"Hope for Homeowners" is a short-sale refinance intended to allow distressed homeowners keep owner occupied homes from going into foreclosure.  There are a lot of moving parts to this bill and the homeowners will have to agree to an equity share for five years after they refinance into this loan....

The legislation will assist an estimated 400,000 homeowners facing foreclosure, many of whom reside in California, by allowing them to refinance their current mortgages with a Federal Housing Administration (FHA)-backed loan.  The bill also will permanently increase FHA, Fannie Mae, and Freddie M...

You want to buy a foreclosure but you don't want to be in a bidding war?   Well then step away because that is exactly what is going to happen.  People are over bidding on foreclosures here in Oceanside, California because the deals seem to real to be true.  They are bidding on fixer uppers that ...

32 Acres of Orange & Olive trees on auction in Lemon Cove, CA AR - Rogers Commercial building with connected storage warehouse on major highway in Rogers, Arkansas. Total square footage is approximately 8150 sq. ft. Adjacent lot has approximately .47 acres. Ideal location for business   Date of A...

8 Reasons Why You Should Work With a REALTOR® 1. Navigate a complicated process. Buying or selling a home usually requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multipage settlement statements. A knowledgeable expert will help you prepare the be...

Thank heavens for FHA financing. Many of today's real estate professionals and consumers have never been exposed to FHA because of home prices in the San Diego market over the past several years. For many of us, FHA was an important part of the housing market in the past. All good things eventual...

Now that the temperature is hot, humans aren't the only ones who suffer from overheating. Dogs and cats actually have a harder time than their owners staying cool. If you own a cat or a dog you should take precautions to help your pet beat the heat this summer. Here, from the Humane Society of th...

July 13, 2008 The Board of Governors of the Federal Reserve System announced Sunday that it has granted the Federal Reserve Bank of New York the authority to lend to Fannie Mae and Freddie Mac should such lending prove necessary.  Any lending would be at the primary credit rate and collateralized...