How long can you appeal your base year property
value if you overpaid

post from Sacramento Appraisal Blog | Real Estate Appraiser on 07 May 2012 08:13:22 PM. © Sacramento Appraisal Blog | Real Estate Appraiser

Have you ever overpaid for something? None of us like to admit when we spend too much money on something, but occasionally it happens – whether it’s a hyped-up gadget, hot toy during Christmas or even a piece of real estate. Overpayment Conversations:I get phone calls periodically from property owners who think they overpaid for a house or [...]

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JUST SOLD - 177 Canal #23, San Rafael

post from Marin Real Estate Blog on 07 May 2012 06:08:09 PM. © Marin Real Estate Blog

I just sold a great little condo at 177 Canal Street #23, San Rafael for $105,000. Itwas a bank owned property.This little gem of a unit is located at the end of the complex on the third floor(the highest floor). It has peek-a-boo views of the canal. The complex is wellkept and many of the HOA board members had a vested interest in keeping up theproperty. The HOA is in sound financial condition! There's a pool, laundryrooms on each floor, a storage unit for each unit, a newly paved drivew...

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Living the California debt based dream
adjustable rate mortgages and bankruptcies. Bankruptcies in California increased 557 percent from 2006 to 2011.

post from Dr. Housing Bubble Blog on 07 May 2012 05:38:09 PM. © Dr. Housing Bubble Blog

The California housing market sits in an odd stage of limbo. You can see that the public for the most part is fully aware of the situation like an Alamo standoff in real estate. People fully acknowledge now that banks are holding off a tremendous amount of inventory. There is little that is secretive about [...]

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Post Properties returns to first quarter profit

post from HousingWire on 07 May 2012 05:36:48 PM. © HousingWire

Post Properties returned to a profit in the first quarter, earning $20.9 million, or 39 cents a share, up from a loss $400,000, or loss of 1 cents a share, a year earlier.

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GAO: AIG likely to repay TARP in full, net
additional returns

post from HousingWire on 07 May 2012 05:04:05 PM. © HousingWire

American International Group's outstanding TARP balance to the Department of Treasury will likely be repaid in full and net additional returns to the government, according to the Government Accountability Office.

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Wells Fargo modified another 9,000 mortgages in
March

post from HousingWire on 07 May 2012 02:24:59 PM. © HousingWire

Wells Fargo completed 749,806 active and completed mortgage modifications through March, up from 740,359 in February. Of those mods, approximately 84% were handled through the company's internal modification programs, while the others were completed through the HAMP.

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Mortgage bankers push to pool Fannie, Freddie
bonds into single security

post from HousingWire on 07 May 2012 01:37:20 PM. © HousingWire

"In order to ensure long-term growth, stability and liquidity, the GSEs should eventually transition into a single security," said Mortgage Bankers Association CEO David Stevens at the group's secondary conference in New York Monday.

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Cat Depot Executive Director Presenter At HSUS
Animal Care Expo

Cat Depot?s Shelley Thayer To Speak At Animal Care Expo.Cat Depot announced their executive director, Shelley Thayer, will present at The Humane Society of the United States (HSUS) Animal Care Expo 2012 in Las Vegas on May 22, 2012. Thayer will[...]

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Report says strong housing demand and lower
inventories are sparking increased home prices

In a report released by Trulia, which looks at changes in asking prices on homes that are for sale as a leading indicator of where the market is headed, asking prices on homes for sale were 0.5 percent higher in April than in March. Together with increases in March and February, asking prices for the 3 month period ending in April rose 1.9 percent from the price 3 month period. [...]Related posts:

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PHH Mortgage closes massive mortgage deal with
HSBC

PHH Mortgage will provide HSBC with mortgage origination processing services, as well as subservicing of a $15.5 billion prime mortgage loan portfolio and $36.6 billion of loans serviced for third-party investors.

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