Deputy Dave - Corona Eastvale Norco Homes, Real Estate

Buyers are looking for the Foreclosure. They have heard that the foreclosure is the real deal. Last year banks, in the Corona/Riverside area, dumped some badly damaged properties onto the market. They were accepting anything just to clear out their bad inventory. you could easily pick up a place and get some sweat equity. Today you ...

The "Foreclosure Fire Sale" is over! The first half of 2009 was a time to buy a distressed foreclosure house. The house was in "poor repair". That is politically correct for saying the house was "trashed!" Common knowledge at that time was, to get a bargain on a house; buy a foreclosure. Those houses were ...

What is ahead for the housing market? The real estate market expansion was fueled in part by loans that did not amortize (pay down the balance). They also had below market interest rates for the first few years. These loans scheduled a large increase in the monthly payment after a few years. With the price of houses ...

Many people have been fearful of the next wave of foreclosures due to hit the market. It is estimated that it will be about two or three years before all of the adjusting loans (toxic loans) are out of the system. There are new methods of dealing with the foreclosure requirement. Last year the banks were required to follow certain guidelines ...