Monthly Archives: February 2011

Investor Good News: FHA Extends Waiver of Anti-Flipping Rule

  Good news for investor buyers of foreclosed properties that the FHA has extended temporary waiver of its "anti-flipping rule."  The original waiver was set to expire at the end of January 2011 and is now extended through the remainder of 2011.  This … Continue reading

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Corona del Mar Real Estate Update – January 2011

  Corona del Mar at South Orange County real estate is mostly luxury and expensive homes. Corona del Mar – "Crown of the Sea" – is part of Newport Beach and made up of land on the seaward face of San Joaquin Hills and known for … Continue reading

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Short Sales and Tenant Rights in California

  Property SHORT SALES are completely different in purpose, law, and procedure, than that of foreclosures.  A renter of a home in California where the owner is going through SHORT SALE won't have the same legal protections as compared to foreclosure. A SHORT SALE is … Continue reading

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Irvine Real Estate Market with Improving Signs – January 2011

  The IRVINE California real estate market was improved during January 2011 as compared with last year January 2010. 112 IRVINE homes were sold on the local real estate market last month during January 2011. Average sold price for Irvine homes January 2011 … Continue reading

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California Propositions Impacting Property Assessed Values and Taxes

  California Law by Proposition Impacting Assessed Values and Property taxes  Proposition 13  –  Established limitations on increases in assessed value and set the maximum general property tax rate at 1 percent of assessed value.  Passed during 1978, this established the base … Continue reading

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