Archive for Temecula

WHAT SHOULD I DO WITH MY HOME IF I FILE FOR DIVORCE IN 2010?

By Henry Gornbein
We have been going through some of the worst economic times since The Great Depression.  Numerous articles and newscasts have stated either that the housing market has bottomed out, or is still going down.  In Michigan, we have the most depressed housing market in the United States.  Other states, including Florida, California, and [...]

HVCC – NAMB Update – HVCC on the ropes!

We have HVCC on the ropes so we need your help more than ever!

On Wednesday, October 21st, the National Association of Mortgage Brokers used this petition hvccpetition.com to help convince the House Financial Services Committee to pass an amendment that will finally put an end the mess that HVCC has been making of the real [...]

Foreclosure: When To Hire A Lawyer

If you are having trouble making your house payment and wondering what your options are, here they are in a nutshell:

Loan Modification
Short Sale
Deed-in-Lieu of Foreclosure
Foreclosure

Loan Modification
When attempting to get your lender to modify the original terms of your loan,  you may want to hire a lawyer or law firm to help you get it modified [...]

Getting Rid of Mortgage Insurance

Many people want to know what the best way to “get rid” of mortgage insurance — either Private Mortgage Insurance (often referred to as PMI) or FHA Mortgage Insurance (acts just like PMI, but payments are made to HUD, not a private mortgage insurance company).
If you want to avoid PMI altogether, you must put 20% [...]

The Importance of a Bankruptcy Appraisal in Temecula, CA.

If you are considering filing for bankruptcy, you will need to make an asset report. An asset report will show the net worth of your assets. In order for this report to be accurate, you will need to get an appraisal of your home. It is your responsibility, as the homeowner, to obtain the appraisal.Your [...]

Divorce Rates Increase in Temecula, CA.

Determining what to do With Your Home When Divorcing in Temecula, California
When going through a divorce, one of the hardest things to deal with is what happens to your home. It is not always necessary to sell your home but there are many options that have to be considered when deciding how to divide real [...]

Tips For Temecula First Time Home Buyers

When you are ready to purchase a home for the first time, the process may seem overwhelming. This is especially true in today’s economy. When you are trying to get approved for a mortgage loan, keep in mind that many Temecula Valley brokers and lenders are going to be looking at your credit history along [...]