Real Estate News – Best So. Cal in 7 years!

ShareSouthern California’s housing market started 2013 with the highest January home sales in six years, bolstered by sales to investors, cash purchasers and move-up buyers, a new report from DataQuick says. The sales count was the highest noted in January for all of Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties since […]

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Short Sale Law Extended through 2013

ShareThe tax law that was signed at the beginning of the year extends (through 2013) the exclusion for cancellation of debt income on the sale of your personal residence.  The law excludes cancellation of debt relating to the original purchase of the residence, so as long as you did not take additional funds out on […]

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San Bernardino County’s Best Real Estate Company

ShareSan Bernardino County’s Best Real Estate CompanyI’m happy to announce that Century 21 Lois Lauer Realty is celebrating our 35th anniversary this month. In addition, Thank You for voting us THE SUN Newspaper’s 2011 Reader’s Choice as ‘San Bernardino County’s Best Real Estate Company’! Did you see the recent news article titled ‘Help for Homeowners’? […]

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Homeownership Makes $ense .. Part II

ShareHomeownership Makes $ense .. Part II Last month’s Post discussed the Rent vs Buy logic in our local market.  It does make sense! This month I want to share some quotes from the ‘experts’ regarding the health of the Real Estate market… both locally and nationwide. Beacon Economics “Forecasting a steady but prolonged recovery for […]

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Homeownership Makes $ense – Quit Renting Now!

ShareHomeownership Makes $ense Owning a home is a dream for many, but does it make financial sense? Last week, Trulia released its national survey of Rent vs. Buy and found that, in 72% of the nation, the monthly payment to own a home was less expensive versus renting the same house. We all know that […]

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Homeownership after Foreclosure? Yes!

ShareHomeownership after Foreclosure? Yes! …and it can happen much sooner than you may have been told.   Federal loan guidelines regulate how soon a borrower may purchase after a Foreclosure, Short Sale and/or Bankruptcy. Lenders may use the following time frames when qualifying a buyer wishing to repurchase a home:   *  Foreclosure: A borrower may apply […]

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