Let's keep the Momentum!

2012 outlook is positve with more growth expected.

http://bit.ly/yusRA1

Real Estate Sale Are Up!

The National Association of Realtors shows a good trend for real estate!

http://bit.ly/AsRFPF

It is a great time to Refinance

With rates lower than ever, is this the best time to consider refinancing?

http://bit.ly/zRphGy

What the Mega Wealthy Enjoy in Their Homes

I've seen racquet ball courts, bowling alleys, indoor pools, spas, gaming rooms and even an entire 7500sf basement as a car museum in Rancho Santa Fe!

http://bit.ly/xhhn00

Just for Fun! Some of the World's Weirdest Houses.

From all over the world, a collection of strange and unique homes.  I don't think there are any homes in Rancho Santa Fe or San Diego in this group!

http://bit.ly/zJkWgB

California To Recieve $18 Billion in Mortage Settlement

On February 9, Attorney General Kamala D. Harris announced that California secured up to $18 billion for its distressed homeowners as part of a $25 billion national multistate settlement with the country's five largest loan servicers. More than $12 billion will be used to offer short sales or write down loans over the next three years for about 250,000 underwater homeowners in California, according to the attorney general. Relief will go to areas hardest hit by the foreclosure crisis within the first year of the settlement.

Although the actual settlement has not yet been released, the attorney general has stated that other financial benefits for California include $849 million for refinancing 28,000 borrowers who are underwater but current on their payments; $279 million restitution for 140,000 homeowners who were foreclosed upon between 2008 and 2011; $1.1 billion for unemployed homeowners, transitional assistance, and repairing blight; $3.5 billion to extinguish unpaid loans that remain after foreclosure for 32,000 homeowners; and $430 million to the state attorney general's office for costs and fees. As part of a California guarantee, if the lenders fail to reduce principal balances by a minimum of $12 billion, they will be required to pay fines up to $800 million to the state.

The loans involved in this settlement are those owned or serviced by Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, and Ally Financial Inc. The settlement releases the five named lenders from certain federal and state claims pertaining to robo-signing and other foreclosure misconduct by the lenders. It does not affect any individual's rights to bring legal action against a lender. It also does not apply to the majority of mortgage loans, which are those owned by Fannie Mae or Freddie Mac.

This mortgage settlement does not change any homeowner's existing financial relationship with a settling lender. It does not relieve homeowners from any obligation. It does not require a settling lender to stop any foreclosure.

Homeowners seeking relief under the settlement agreement should contact their loan servicer or a HUD-approved housing counselor. More information including detailed FAQs is also available from the California Attorney General's website, or visit the National Mortgage Settlement website.

30 Year Fixed Rate At All Time Low

It is the best time to buy real estate!

http://bit.ly/zOVVlA

Come On California!

Some states are stil in negotiations to sign a deal to help struggling homeowners.

http://bit.ly/xCRXKe

Once Again....Good News for 2012!

The American Economy is not fully healthy yet, but it's healing!

http://bit.ly/z2o1Lg

Mortgage Rates Remain Low

Local inventory is increasing and home sales are moving!  It is a great time to buy or sell.

http://bit.ly/xkjqbP