The U.S. Drought Monitor has forecasted warmer weather and suggests that the multi-year drought will continue or even worsen. While a strong El Niño could be helpful, it would not end the long-term California drought. » more
One of the worst environmental disasters in recent years was quietly discovered in California’sPorter Ranch, a community about 25 miles north of Los Angeles. After a well owned by Southern California Gas Company was mysteriously damaged, it began to leak » more
El Niño continues to gain strength in the Pacific Ocean. The latest forecast increased the urgency for both government agencies and property owners to prepare for possible flooding. » more
The Good Faith Estimate (GFE) and the initial Truth-in-Lending disclosure (initial TIL) have been combined into a new form, the Loan Estimate. It must be provided to consumers no later than the third business day after they submit a loan application. » more
The California average real estate tax of rate of $1,431 is good news for home owners and buyers this year. The state came in 17th in a nationwide ratings report of property taxes for 2015. WalletHub, a finance website issued a report that Hawaii » more
New Real Estate Disclosure Lending LawsTILA RESPA Integrated Disclosure “TRID”The new disclosures act in mortgage lending that was due to commence in August has been pushed back for two months to October 3, 2015. » more
As far as the Baby Boomer generation is concerned they still want to be California home buyers and many still call the shots in terms of homes prices. » more
In this economy, working out a long term strategy for retirement can never begin too soon. Traditionally many people looked to stocks and bonds to hold capital. REIT’s are only one aspect of getting money out of real estat » more
Buying a home can be problematic for any generation. Millennials face not just unique set of problems but can bring a unique set opportunities for real estate industry. Their segmented employment ratios within this generation go from such extremes as high » more
California Real estate agents, sellers and lenders: Will the new home sales valuation (CU) affect your business in home sales? We outline the new requirements from Fannie Mae for property value mandatesin 2015.“CU” or collateral underwriter is Fannie » more
Property ID Corporation in Los Angeles offers California real estate news to investors, first time home buyers, realty associations and real estate agents. As a news service we provide home buying and selling tips for both realtors and first time home buyers. We cover the real estate news from Southern California, San Diego to the bay area San Francisco.
Property ID Corporation is the industry founder for natural hazard disclosure statements. We know that a California home buyers first priority is often the financing side, including low down payments, alternative financing and current California home prices. However “knowing what the new home is all about” may be a crucial issue in purchasing a new home. Our mission as a California real estate information company is to provide both the industry and the first time home buyer the critical documents they need before a new home purchase.