Job market affects retail market for the Holidays
Written by Administrator   
Wednesday, 11 November 2009 18:15

Job market affects retail market for the Holidays

With the current Job market at a standstill, retailers are becoming more and more concerned about sales as the holidays are quickly approaching.  People just simply do not have to money to spend on holiday shopping.  I was in the Halloween store just yesterday and was very surprised to see that there was not a swarm of people in their rushing to get their costumes for this upcoming Saturday.   The amount of costumes that were not sold out, was much less than I have seen in previous years when the economy was at a good place.  I overheard the gentleman that works there saying that he was even surprised that so many costumes were still left so close to Halloween.   It seems that during this season, people are making costumes or recycling them from previous years.

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Leasing Scam on CraigsList
Written by Administrator   
Wednesday, 11 November 2009 18:13

Leasing Scam on CraigsList

It has been brought to the Craigslist and internet world that there is a scam going around by frauds who are acting as homeowners trying to rent out their properties.  These fraudulent people are getting information from listed rentals on other sites and auctioning sites, in turn advertising them on Craigslist and other sites as their own.  They ask the prospect for money to give information on the home and in turn the keys will be given after the money is received.  But low and behold, the keys are never received by the prospect and they are out of a possibly large amount of money.  In some cases, the homes that are being listed were never being rented to begin with. 

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Assembly Bill 957
Written by Administrator   
Wednesday, 11 November 2009 18:09

Assembly Bill 957

On October 13, Governor Swartzenegger passed assembly bill 957 also known as the buyers choice act.  This bill gives the consumers the option of choosing who they want to use when they decide to buy foreclosed homes.  It also allows them to chose their own title, escrow and any other vendor needed during the real estate transaction.

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How to sell your home
Written by Administrator   
Wednesday, 11 November 2009 18:07

How to sell your home

1) Hire a Realtor

In these tough times it is not a good idea to sell your home on your own.  Yes you might save a few bucks, but you wont save yourself any type of headache or stress.  You want to make sure they are familiar with your area and the prices that the homes are selling for.  After all, you want to get the most for your beautiful treasure you call home!  It is important to interview the agent.  See what the have accomplished and what how the plan on getting your house sold in an effective amount of time.  You also want to make sure you like the individual since you will be dealing with them a lot.  Ask around, friends or family members may be able to refer you to someone that they have been pleased to work with in the past. 

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Homeowners can lease their homes- By Fannie Mae
Written by Administrator   
Friday, 06 November 2009 22:33

Several homeowners who face foreclosure possibly will be able to stay as tenants in their homes for the time being, even if they forfeit ownership, under a program announced on Thursday by Fannie Mae. Under the program, called Deed for Lease, those owners who qualify would be able to stay put in their homes by signing a lease voluntarily transferring the property deed back to the Mortgage holder. Fannie Mae said the program may well help thousands of defaulting homeowners stay in their houses for at least an additional year.

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