August 2008

Irvine home owners tips. When you contact the architects, ask them where they are located. You might find that some of them are national companies while others are statewide or local. You might also find that some of the national companies have locations in your area, “Irvine”. If you find the company on the Internet, [...]

More Irvine Foreclosure Information! Workouts, Not Bailouts There are two main types of anti-foreclosure policies: bailouts and workouts. In bailouts, the government gives aid either to lenders (e.g. by purchasing bad mortgages at their full original value) or to homeowners (e.g. by giving them loans so they can repay their lenders). Of course, aid to [...]

Irvine Foreclosure – Looking Ahead The presidential candidates have had disappointingly little to say about the foreclosure crisis in Irvine, Ca and anti-foreclosure policies. Senator Barack Obama has expressed support for the Frank-Dodd FHA bill, but not yet for the bankruptcy modification bill. In good Republican tradition, McCain advocates “no government intervention.” But the foreclosure [...]

How to Sell Your House Quickly When Facing Foreclosure in Irvine. If you are currently in foreclosure, strongly consider selling your property as a backup plan. The object is to pay off all debt and expenses, walk away without a foreclosure or bankruptcy on your credit history and perhaps put a little cash in your [...]

What the housing bill means for you The housing rescue bill, soon to become law, is full of goodies and not-so-goodies for Irvine homeowners and those who aspire to be Irvine homeowners. Here are some highlights. Irvine first time homeowner tax credit The law will extend a tax credit of up to $7,500 to first-time [...]