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New Play: Syndicating Rental Income To Investors

by ritasimpson July 20, 2012 Latest News

Financial firms are seeking to engineer deals backed by the rental payments of residents living in previously foreclosed homes. A new game is ON.  The Wall Street Journal Reports that Real Estate Investors have snapped up houses in foreclosure and rented them. Backed by investment banks and credit-rating firms, these investors think they have spotted a …

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Tax Liens Trigger Foreclosures

by ritasimpson July 14, 2012 Latest News

Although lately Tax Liens have been Triggering more foreclosures than Mortgage payment defaults, some States are taking steps to protect homeowners after 81-year-old Madeline Walker, who was evicted after falling behind on paying a 2001 sewer bill totaling $150 lost her home to Investors, who bought her house at a tax sale for $836 and …

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Have You Checked Your Re-Fi Options?

by ritasimpson July 13, 2012 Latest News

Have You Seen Your Refi and Mortgage Options Lately?

Three good reasons to warm up to a refinance this spring. Read

Visit houselogic.com for more articles like this.

Copyright 2012 NATIONAL ASSOCIATION OF REALTORS®

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Thumbnail image for Survey Reveals Home Preference Differences Between Younger and Older Boomers.

Survey Reveals Home Preference Differences Between Younger and Older Boomers.

by ritasimpson July 5, 2012 Latest News

A survey of 1,300 agents reveals the home-buying differences between older and younger boomers.

The results revealed a dynamic picture of the real estate market. While 87 percent of the agents and brokers polled agreed that the economy has delayed boomers’ plans to sell their homes, the survey revealed a clear division between the types of homes …

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Buying Malibu House With FHA, Beware Of New Rule

by ritasimpson April 15, 2012 Latest News

If you are considering applying for an FHA-insured mortgage to buy a house anywhere including Malibu, be aware of the new policy. Well in advance of any loan application, order your credit reports from all three national bureaus — Equifax, Experian and TransUnion — or get them free at the bureaus’ jointly run online site, http://www.annualcreditreport.com. If …

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Thumbnail image for Five Malibu Homes Offer Unique Perks

Five Malibu Homes Offer Unique Perks

by ritasimpson March 23, 2012 Latest News

It is really hard to pick “Best” home or deal in Malibu. The reason? it’s relative. Not only to the price range  but also to the preferences a buyer may have. This is why I decided I would just try to point out 5 properties that do not clamor for attention yet have some substantial …

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Thumbnail image for Real Estate Investment In Malibu Promises Higher Returns.

Real Estate Investment In Malibu Promises Higher Returns.

by ritasimpson March 20, 2012 Latest News

With the biggest names on Wall Street  lining up to become landlords to cash-strapped Americans by bidding on pools of foreclosed properties being sold by Fannie Mae.

Some prospective buyers are betting that the housing market will improve more quickly if big investors step in. “Some of these markets are very close to being stable, and this …

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First Malibu Beach Home Sales 2012

by ritasimpson March 3, 2012 How's The Market

The year is starting with stable sales for Malibu beach homes. Last year we had three beach sales in the first two months of the year. This year the same. However the median price last year was $2,050,000, this year the median was $5,950,000. Suggesting a move towards the more expensive homes is nascent. The …

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Thumbnail image for Romantic Celebrity Malibu Retreat For Sale

Romantic Celebrity Malibu Retreat For Sale

by ritasimpson February 29, 2012 Latest News

Rare opportunity to own one of Malibu’s landmark properties.Breathtaking 360 degree views of the Pacific Ocean, Channel Islands, Boney Mountains, Serrano Valley, sunsets & city lights. A unique creation nestled atop a mountain on 22 acres  This is art as architecture at it’s finest. This truly magical retreat offers seclusion, privacy & serenity yet minutes …

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Thumbnail image for Home Resales Climbing in Malibu

Home Resales Climbing in Malibu

by ritasimpson February 23, 2012 Latest News

“We’re slowly improving for the right reasons: more jobs, more credit availability and affordability of homes,” said Stuart Hoffman, chief economist with PNC Financial Services Group.

Sales were up 8.8% in the West, 3.5% in the South, 3.4% in the Northeast and 1.0% in the Midwest.

Nationwide existing-home sales increased 4.3% in January from a month earlier …

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