La Mesa, CA Real Estate News

By Jason Kardos, MtHelixLifestyles.com Real Estate Broker
(Mt Helix Lifestyles)
 FREE Lowes 10% Coupon and Termite Reports at www.JasonKardos.com HOPE for Homeowners Program What is the HOPE for Homeowners Program? This is a new program for borrowers at risk of default and foreclosure.  The program provides new, 30-year or 40-year, fixed rate mortgages that are insured by the Federal Housing Administration (FHA). It may help you refinance your mortgage into a more affordable payment. H4H is voluntary.  Both lender(s) and borrower(s) must agree to participate. When does H4H Begin? The program begins October 1, 2008 and ends September 30, 2011. Who is eligible? You should contact your lender to determine eligibility, but you may be eligible if, among other factors: •·         The home is your primary residence, and you have no ownership interest in any other resident...
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By Jason Kardos, MtHelixLifestyles.com Real Estate Broker
(Mt Helix Lifestyles)
 FREE Lowes 10% Coupon and Termite Reports at www.JasonKardos.com IndyMac Federal Bank, FDIC Program What is the program that IndyMac Federal Bank and FDIC offer? IndyMac Federal Bank has implemented this program to modify troubled mortgages. The program is designed to achieve affordable and sustainable mortgage payments for borrowers and increase the value of distressed mortgages by rehabilitating them into performing loans. When does the program begin? The program begins in Aug. 2008 and has no specified end date. Who is eligible? The eligibility requirements for this program are as follows: •l  Must be a first mortgage and must be a loan owned, or securitized and serviced, by IndyMac Federal or other lenders participating in the FDIC Program. •l  Primary residence and owner occupied....
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By Jason Kardos, MtHelixLifestyles.com Real Estate Broker
(Mt Helix Lifestyles)
 FREE Lowes 10% Coupon and Termite Reprots at www.JasonKardos.com Countrywide Financial (Bank of America) Program What is the Countrywide Financial (Bank of America) Program? The Homeownership Retention Program for Countrywide Customers Program will systematically modify troubled mortgages with up to $8.4 billion in interest rate and principle reductions for nearly 400,000 Countrywide customers nationwide. When does it Begin? The program begins Dec. 1, 2008, and has no end date specified.       Who is eligible? Borrowers eligible for loan modifications under this program must have received a qualifying subprime mortgage or a pay-option adjustable rate mortgage (ARM) prior to Dec. 31, 2007, and the property must be a one- to four-unit owner-occupied residential property. In addition, cer...
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By Jason Kardos, MtHelixLifestyles.com Real Estate Broker
(Mt Helix Lifestyles)
 FREE Lowes 10% Coupon and Termite Reports at www.JasonKardos.com JPMorgan Chase & Co. Program What is the program offered by JPMorgan Chase & Co.? Chase is expanding the mortgage modification program by undertaking multiple initiatives designed to keep more families in their homes, including extending its modification programs to Washington Mutual (WaMu) and EMC Mortgage Corp.  The program offers: •l  Proactive outreach to borrowers, offering them pre-qualified modification terms in writing •l  New regional centers, more counselors, and expanded loan alternatives •l  New independent review process to head off unnecessary foreclosures •l  No additional Chase-owned loans will be put into the foreclosure process while enhancements implemented When does the program begin? Chase expects to ...
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By Jason Kardos, MtHelixLifestyles.com Real Estate Broker
(Mt Helix Lifestyles)
 FREE Lowes 10% Coupon and Termite Reports at www.JasonKardos.com Citigroup, CitiMortgage Program What is the Citi Homeowner Assistance Program? The Citi Homeowner Assistance Program will preemptively reach out to homeowners in need of assistance and will not initiate a foreclosure or complete a foreclosure sale on any eligible borrower where Citi owns the mortgage. When does the Citi Homeowner Assistance Program Begin? The program begins Nov. 11, 2008 and ends May 2009. Who is eligible?                Contact your lender to determine eligibility.  However, some of the eligibility requirements for the Citi Homeowner Assistance Program are as follows: •l  Must be first mortgage and must be a loan Citi owns. •l  The property must be the primary residence and owner occupied (owner may own ...
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By Jason Kardos, MtHelixLifestyles.com Real Estate Broker
(Mt Helix Lifestyles)
LENDER/PROGRAM PROGRAM SNAPSHOT ELIGIBILITY REQUIREMENTS STEPS/PROCESS/ TIMELINE CONTACT/MORE INFO   Making Home Affordable Modification (The Obama Administration's Loan Modification Program)       Adopted by Fannie Mae, Freddie Mac, and Wells Fargo               Designed to help homeowners who are at risk of foreclosure.  The Administration is offering government assistance to loan servicers and investors to help offset the cost of modifying qualified homeowners into affordable mortgages.    •l  Loan originated on or before Jan. 1, 2009. •l  Primary residence, owner occupied, single family (one to four units). •l  May not be investor-owned. •l  Property may not be vacant or condemned. •l  Borrower owes an amount equal to or less than $729,750 on the first mortgage (higher limits allow...
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By Jason Kardos, MtHelixLifestyles.com Real Estate Broker
(Mt Helix Lifestyles)
FREE Lowes 10% Coupon and Termite Reprots at www.JasonKardos.com TABLE OF CONTENTS I.  Introduction  II.  Foreclosure-Related Scams (Questions 1 to 11)  III.  Foreclosure Consultant Law    A. General Overview of the Foreclosure Consultant Law (Questions 12 to 16)    B. Applicability of the Foreclosure Consultant Law (Questions 17 to 30)    C. Requirements of the Foreclosure Consultant Law (Questions 31 to 47) IV.  Additional Information (Questions 48 to 50)   I. INTRODUCTION REALTORS® commonly consider the filing of a notice of default as the beginning of the foreclosure process.  However, it may also be the start of something sinister.  The public recording of a notice of default can act as a beacon to unscrupulous people who, under the guise of offering assistance, seek to take advant...
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By Jason Kardos, MtHelixLifestyles.com Real Estate Broker
(Mt Helix Lifestyles)
FREE Lowes 10% Coupon and Termite Reprots at www.JasonKardos.com We can help with you loan modifications and short sales, just call (619) 447-1196 TABLE OF CONTENTS I.  General Overview (Questions 1 to 12)  II.  Advance Fee Loan Modifications (Questions 13 to 34)  III.  Loan Modification Contracts (Questions 35 to 37)  IV.  Licensing Requirements (Questions 38 to 44)  V.  Referral Arrangements (Questions 45 to 47) VI.  Tax Consequences (Questions 48 to 50)  VII.  Additional Information (Question 51)    I. GENERAL OVERVIEW The economic downturn of the late-2000s has fueled a significant upsurge in loan modifications as a possible alternative to foreclosure.  REALTORS® seeking to help distressed homeowners with loan modifications face certain legal and practical issues.  They also frequen...
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By Jason Kardos, MtHelixLifestyles.com Real Estate Broker
(Mt Helix Lifestyles)
FREE Lowes 10% Off Coupons and Termite Reports at www.JasonKardos.com  TABLE OF CONTENTS   I.  Introduction II.  American Recovery and Reinvestment Act    A.   First-Time Homebuyer Tax Credit (Questions 1 to 20)    B.   FHA, FANNIE MAE, AND FREDDIE MAC Loan Limits (Questions 21 to 27)   C.  Other Provisions of the Recovery Act (Question 28)   III.  Making Home Affordable Program    A.  Home Affordable Refinance (Questions 29 to 40)     B.  Home Affordable Modification (Questions 41 to 58)   C.  Keeping Mortgage Rates Low (Question 59)    I.  INTRODUCTION It was a big week in February for the California REALTOR® who keeps watch over legislative change.  On Tuesday, February 17, 2009, a $787 billion economic stimulus package became law, including several important housing stimulus provisi...
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By Jason Kardos, MtHelixLifestyles.com Real Estate Broker
(Mt Helix Lifestyles)
FREE Lowes 10% Coupons and Termtie Reports for Clients at www.JasonKardos.com Federal Tax Credit For First Time Buyers - $8,000, No Waiting! Just last week, the Department of Housing and Urban Development (HUD)  announced that qualifying buyers can use the tax credit for closing costs on FHA loans, to buy down the interest rate or make a larger downpayment. This will allow homebuyers to apply the Obama Administration's new $8,000 first-time homebuyer tax credit toward the purchase costs of a FHA-insured home. The American Recovery and Reinvestment Act of 2009 offers homebuyers a tax credit of up to $8,000 for purchasing their first home. Previously families could only access this credit after filing their tax returns with the IRS. Today's announcement details FHA's rules allowing state ...
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By Jason Kardos, MtHelixLifestyles.com Real Estate Broker
(Mt Helix Lifestyles)
FREE Lowes 10% Coupons and Termtie Reports for Clients at www.JasonKardos.com San Diego County Down Payment and Closing Cost Program (DCCA) The County of San Diego offers low-interest deferred payment loans and recently announced that beginning May 1, 2009 loans would be available up to $70,000 for low-income first-time homebuyers. The loan funds may be used to pay downpayment and closing costs on the purchase of a new or re-sale home.  In addition this program allows buyers to pay only 1% of the property value as a down payment. Properties eligible for assistance include single-family homes, condominiums, townhomes and manufactured homes on a permanent foundation located in any unincorporated area of San Diego County. The appraised value of the property may not exceed $451,250 and the...
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By Jason Kardos, MtHelixLifestyles.com Real Estate Broker
(Mt Helix Lifestyles)
Throughout July, Ansel Adams: A Life's Work FREE Lowes 10% Coupon and Termite Reprots for clients at www.JasonKardos.com  The Museum of Photographic Arts presents a comprehensive survey of 80 works by one of the most recognized photographers in the world, Ansel Adams (1902-1984). The chronological retrospective includes many iconic works that trace Adam's development as an artist and environmentalist.Time: 10:00 am - 5:00 pm - Tuesday - SundayLocation: Museum of Photographic Arts, Balboa Park  For more information visit www.mopa.org     July 1 - 15, U-Pick Strawberries - The Carlsbad Strawberry Fields     The Carlsbad Strawberry Fields are approximately 80 acres. Bring the whole family to pick a bucket of sweet fresh strawberries.   Time: 9:00 am - 5:00 pmLocation: The Carlsbad Strawbe...
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By Cody Haworth, Carlsbad Homes for Sale
(Four Seasons Properties)
San Diego, CA, June 17, 2009. Hello and Welcome to La Mesa/ Mt Helix, California Homes for Sale, Foreclosures, Short Sales, REO's, and Real Estate.     At Four Seasons Realty we try to provide you with monthly updates of the recent sales activities per zip code along with the most recent Foreclosure data for the region, and for the state.   When searching for Real Estate it is important to have a feel for what is going on in your current market and surrounding area.  We try to make this easier for you by compiling the most recent information from several data sources. Here are some important recent Sales statistics for the zip code of 91941 La Mesa/ Mt Helix, San Diego, California.  La Mesa/ Mt Helix, in the month of April 2009 according to Data Quick there were a total of 44 sales figu...
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By Jason Kardos, MtHelixLifestyles.com Real Estate Broker
(Mt Helix Lifestyles)
Provide by Jason Kardos, San Diego, CA Real Estae Agent By AMY HOAK A federal tax credit of up to $8,000 is nudging many Americans into buying a home for the first time -- good news for those trying to sell one. Still, selling a home isn't easy in most markets today. To get the typical first-time buyer to bite and submit an offer, a house has to stand apart from the competition -- and there's a lot of it, including foreclosure homes that are selling at hefty discounts. One big thing working in favor of the traditional seller: A lived-in, maintained home is easier for buyers to imagine themselves living in than a vacant foreclosure. That has great appeal for someone buying a home for the first time, for practical and financial reasons. "First-time buyers are skeptical of buying homes tha...
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By Jason Kardos, MtHelixLifestyles.com Real Estate Broker
(Mt Helix Lifestyles)
Harry Griffen Park to offer free concerts in La Mesa, California   LA MESA: A series of free Sunday night concerts will be held this summer at Harry Griffen Park. Upcoming concerts are scheduled to begin at 6 p.m. on Sunday, June 28, and July 12, 19 and 26, and will feature a variety of music including country and Celtic. The park is located at 9550 Milden St., La Mesa. For more information, visit the city of La Mesa's Web site at cityoflamesa.com or call (619) 667-1300. -M.C. Staff writers Michele Clock, Anne Krueger and Denise Zapata contributed to this report.
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By Jason Kardos, MtHelixLifestyles.com Real Estate Broker
(Mt Helix Lifestyles)
You finally found the perfect home and have an accepted offer. You are preapproved for an FHA loan and all the closing costs and fees are acceptable, but have you thought about the condition of the home? Will there be issues called out by an FHA appraisser that might be factored in to costs and who will pay for it? Are you asking the following questions? •1.              Is the Roof in good condition? •2.              Are the appliances in place?  •3.              Can the crawl space be accessed? •4.              Can the Attic be accessed? •5.              Are there any safety issues? •6.              Does the property have construction deficiencies such as broken windows, walls, plumbing, tile, flooring damage? •7.              Are there unpermitted additions? •8.              Are the ...
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By Jason Kardos, MtHelixLifestyles.com Real Estate Broker
(Mt Helix Lifestyles)
Hello, My name is Jason Kardos and I am an independent real estate broker in San Diego County that specializes working with buyers and sellers in the East County and back country areas. I have posted links to city and county governement websites for your reference. Let me know how I may serve you in this area with your real estate needs. Jason Kardos, Broker www.JasonKardos.com Office 619 447-1196   El Cajon, CA La Mesa, CA Lemon Grove, CA San Diego, CA San Diego, CA Parks & Recreation San Diego, County, CA Santee, CA Highway Transportation Services Metropolitan Transit System
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By Jim Frimmer, Realtor & CDPE, Mission Valley specialist
(HomeSmart Realty West)
About a year ago some neighbors moved in down the street from us, a couple with a three-legged dog. I often see them walking the dog around the neighborhood but had never had the opportunity to talk with them until today when she was out walking. I grabbed my camera and ran out to ask her if I could take a picture of her dog because I though he -- turns out he is a she -- was so beautiful, even with the missing leg.   Her name is Abby, and she was rescued from an animal shelter in Florida. Abby had been left in a cage in a house and was starved and emasciated when she was found. She had caught her right front leg in the cage trying to get out and had mangled it so badly that it had to be amputated in order for Abby to live. Abby must be the friendliest dog I've ever met, taking to me i...
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By Jim Frimmer, Realtor & CDPE, Mission Valley specialist
(HomeSmart Realty West)
The Second Annual Healthy Families Day will take place on Saturday, 10:00 a.m. to 2:00 p.m., at the Salvation Army Ray and Joan Kroc Corps Community Center, 6843 University Avenue, in eastern San Diego just a block west of La Mesa. Ray and Joan Kroc were the founders of the McDonald's burger empire, and when Joan Kroc died a few years ago, she left the empire to many non-profit, charitable, and philanthropic organizations throughout San Diego County. One of her gifts was to the Salvation Army to build the Corps Community Center. Families are invited to tour the Center's facilities, which include an ice arena, fitness center, gymnasium, recreation field, rock wall, and skate park at no cost. There will also be health education activities, parent resource booths, guided tours, and more. ...
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By Chris Anderson
(We Find Agents)
Congratulations! This is a very exciting time if you’re thinking about buying your first home. Even though the process can be daunting, it has never been easier. Because of the recent market decline, your money will take you a lot further than it would have 3 years ago. To make matters even better, there are more loan, closing cost, and down payment assistance programs tailored specifically to first time homebuyers than ever before. By mixing together the right loan cocktail, it may be possible to get into your first home without any out-of-pocket expenses. Your Loan Cocktail How is it possible to buy your first home without any costs? It’s my job as a loan officer to mix you up the best loan-cocktail available and make sure your offer to purchase is tailored to your specific needs. As ...
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