Richard

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 21, 2012. Rumor has it that Bank of America will be dropping their Short Sale system Equator soon.  The system is plagued with problems called “glitches” and we all know to well the strange things that pop ...

Will my lender send me a 1099 on the debt forgiven? In 2007 the U.S. Congress passed the Mortgage Debt Forgiveness Relief Act and it is in effect until 2012. As a result of that act, borrowers no longer pay taxes on the debt forgiven on their primary residence. So if the property is your primary...

What if I owe what my home is worth? Even if you owe exactly what your home is worth, you may still need to do a short sale in order to pay for the costs of the sale (Realtor fees, Title Policy and other seller closing costs). Why not just let my lender foreclose?NO! What is the first thing banks...

Over the next few days I’ll be posting some questions Janet and I get from short sale sellers and our best practice answers. Why does my property have negative equity? Here are a few common reasons: Person bought at the height of the market and the market has now declined or paid more than the pr...

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 17, 2012. Over the next few days I’ll be posting some questions Janet and I get from short sale sellers and our best practice answers. What is a Short Sale? In the world of Real Estate, a short sale refers ...

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 16, 2012. Home affordability look up in Q4 for Californians, California’s housing affordability rising to its peak level in the fourth-quarter of 2011 thus matching the record high set in 2009.  The rise is...

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 15, 2012. So we are starting to hear rumblings that this summer in the Antelope Valley, Palmdale and Lancaster will have extra fun stuff going on.  But in case you need something sooner the Palmdale Playhous...

Richard OBrian www.homesbyjr.com | Keller Williams Reality AV | (661) 733-0508 6128 W Avenue J13, Lancaster, CA Great Single Story 3+3 West Lancaster CA 3BR/2BA Single Family House offered at $173,000 Year Built 2006 Sq Footage 2,087 Bedrooms 3 Bathrooms 2 full, 0 partial Floors Unspecified Park...

Richard OBrian www.homesbyjr.com | Keller Williams Reality AV | (661) 733-0508 40127 92nd St W, Leona Valley, CA Want country living? Here it is in Leona Valley... 3BR/2BA Single Family House offered at $155,000 Year Built 1960 Sq Footage 1,068 Bedrooms 3 Bathrooms 2 full, 0 partial Floors Unspe...

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 14, 2012. At the annual Keller Williams Realty Convention FAMILY REUNION in Florida this year Keller William’s CEO Mark Willis shared some interesting directions KW is heading.  The first Keller Williams Re...