Simi Valley's Preimer Real Estate Research & Home Owner Information Blog
From the category archives:
Tuesday – I learned that both Lawyers and Chicago Title Insurance Companies had simplified their rates. I see this as a great move on the part of these two title companies. What they have done is made their short term rate now the standard rate. Previously, the short-term rate was a discounted rate homeowners would [...]
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RESPA changes enacted January 16, 2010 will benefit Simi Valley home buyers and help them understand the costs of their financing on the new good faith estimate (GFE) and HUD-1 settlement statements.
When shopping for a loan, the mortgage broker must give a good faith estimate to the client that outlines the costs of the loan. [...]
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As a Simi Valley Home Buyer in this market you will be confronted by many homes for sale that are Short Sales. Before submitting an offer buyers should be concerned and careful about the process they are about to enter. The current market conditions for buyers has been difficult for many. Inventory levels have been [...]
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The lunatics have taken over the asylum. (CNBC video interview at end of this post)
Beside being the song title of a 1980s new wave band (Fun Boy Three), the title of this post may be more accurate than even I realize.
I follow the papers, several blogs including Calculated Risk, Square Feet Blog, industry blogs such [...]
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That’s right Simi Valley home buyers, the tax credit is waiting for Obama’s signature. The tax credit legislation passed the House today in a 403 to 12 vote. The Senate vote was 98 to zero. This time around there a few additions, these are pointed out in my video blog below. One thing I did [...]
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Update on Extending the First Time Home Buyers Tax Credit
The First Time Home Buyers Tax Credit is set to expire on November 30th. The reality of this deadline means that the buyers out now need to get a home in escrow by the 20th of October. The Thanksgiving Holiday will add days to any escrow [...]
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Below is the sales data for the Silverthorne tract in Simi Valley from May of 2003 up through September of 2009.
The tables below contain the the Average Sales Price, High and Low Sales Prices, the List to Sale Price Ratio, all broken out by year. The Multiple Listing Service Vendors for Simi Valley was changed [...]
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Probate Auction Podcast – Why you need a Will
Last Saturday I attended a Probate auction with a client. This is what happens when you die without will. A bunch of Strangers show up in the parking lot of your Condo complex and offer low bids on your home. If you have left family members [...]
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HVCC impacts Simi Valley Homes For Sale
HVCC – HOME VALUATION CODE OF CONDUCT
History:
New York Attorney General, Andrew Cuomo investigated Fannie Mae and Freddie Mac appraisal practices. Fannie and Freddie (with the Office of Federal Housing Enterprise Oversight (aka – OFHEO) agreed to adopt new changes to how appraisals are processed in the mortgage industry in [...]
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Simi Valley Homes For Sale Market Report May 31st 2009
My Video Commentary on the current Simi Valley Real Estate market conditions will follow shortly. For now the closing numbers up through the end of May are below. Oh Yeah, no we have not hit bottom yet…..I’ll explain later.
Activity – Single Family Detached [...]
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Ted Answers Trulia Voices