Beginning January 1st 2010, settlement fees and loan charges will need to be listed in detail on a new version of the good-faith estimates form that borrowers are required to get after... » more
After the housing market took its big nosedive late last year there have been many homebuilders left with a lot of red ink on their books due to large parcels of undeveloped land that they could not sell and... » more
Freddie Mac reported yesterday that after slowly rising for the past three weeks 30-year fixed rates dropped below 5 percent to 4.98 percent from 5.03 percent a week earlier. 30-year rates had been holding... » more
September marked the eighth straight month for signed contracts to buy previously occupied homes nationally as buyers continued to quickly take advantage of the $8000 federal tax credit for first-time home buyers... » more
A client asked me recently how I would define confidence. I paused for a moment and replied, Confidence is the inner knowing that you can achieve whatever you want. » more
For the third month in a row home prices rose in August, which surprised many economists with its rapid pace of recovery while still others have questioned how long these gains can last? Home prices posted gains throughout... » more
With the end of the $8000 tax credit nearing closer to its final day and after weeks of negotiation the Senate finally agreed today to extend a popular tax credit for first-time homebuyers while offering a reduced... » more
What do I mean by a strong foundation? Would you consider putting a roof on a house unless it had a strong foundation? Of course not! Yet you would be surprised at how many people try to market their... » more
The popular and widely successful tax credit for first-time homebuyers is being pushed by senior Democrats in the Senate to bring a plan to a vote that would extend the new homebuyers tax credit for... » more
Though mortgage delinquencies continue to rise across the Sacramento region, banks appear to be taking a new financial strategy. They're slower to send default notices to struggling... » 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.