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Monthly Archives: August 2013
FHA Trims Waiting Period for Borrowers Who Experienced Distressed Sales
The Federal Housing Administration (FHA) is allowing borrowers who went through a bankruptcy, foreclosure, deed-in-lieu, or short sale to reenter the market in as little as 12 months, according to a mortgage letter released recently.
Posted in Real Estate, Short Sale-Foreclosure Tagged The Joys Sell San Diego Leave a comment
San Diego Home Prices Continue to Increase
Even with the average 30-year interest rate climbing to 4.4% the home prices in San Diego are continuing to increase. This price trend is the result of the very low, but slightly increasing, inventory of homes available to purchase.
Posted in Market Trends, Real Estate, San Diego Tagged San Diego Real Estate, The Joys Sell San Diego Leave a comment