Archive for August, 2010

How is the housing market in Ladera?

Contrary to popular belief, the market here in Ladera is very steady as referenced in this page which outlines and details current and past activity. If you are searching for a bargain, take your time and study the market. If you are trying to sell your home, you need to study the market and know what your competition is before pricing your home. For more information on Ladera Ranch, please contact us here.

Tags: active listings, comps, market conditions, past sales, sales, sold

Congratulations to the Ladera Liquids

What a great season the Ladera Ranch Liquids swim team had this year. Congratulations to all. For those of you looking to find more information on the Ladera Ranch Liquids swim team, you can visit their website here.

Tags: ladera ranch, ladera ranch homes, swim, swim lessons, swim team, water

New Fannie Mae Plan

Fannie Mae intends to file lawsuits against so-called strategic defaulters and force them to wait seven years before obtaining another mortgage backed by the organization. But experts wonder how the firm will determine which home owners defaulted strategically.

Experts also question whether the policy is viable given its departure from White House initiatives to bolster the housing market.

The policy is intended to force borrowers to pursue short sales or surrender the deed, rather than enter foreclosure, says Fannie Mae.

Tags: deed, fannie mae, White House

TALF Analysts Say Loan Mods Not Working

Officials charged with monitoring the financial bailout on Wednesday criticized the U.S. Treasury Department for its handling of the housing rescue program.

Neil Barofsky, special inspector general for the Troubled Asset Relief Program, chastised Treasury for its unrealistic goals and expectations. “I fear that the growing public suspicion that this program is an outright failure will continue unless and until Treasury … comes clean with what its goals and expectations are.”

Elizabeth Warren, who chairs the bailout Congressional Oversight Panel, said, “It’s too small, it’s too slow. The program is based on the assumption that we will pay the servicers a bribe to make a deal between the homeowner and the investor who’s still holding the paper and it has not worked well.”

Tags: loan mods, short sales, treasury