The Petalumahomes.com Realty WebLog

For release:
Wednesday, July 30, 2008
LOS ANGELES (July 30) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds President Bush’s decision to sign H.R. 3221 into law. For the past several years, C.A.R. and the NATIONAL ASSOCIATION OF REALTORS® have aggressively lobbied for Congress to pass numerous provisions found in this historic bill.
The legislation, called the Housing […]

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According to a recent poll on how consumers intend to spend their stimulus checks, 19% of consumers plan on using their economic stimulus check for a special purchase, and 23% plan to use their check for everyday expenses. The rest…well, 36% say they will pay down debt and 22% say they will put it into […]

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DON’T OVERPAY… FILE A PROPERTY TAX APPEAL
Property taxes seem to jump up year after year. Unfortunately, we’ve become so accustomed to rising taxes that it’s no longer a surprise. But here’s something that may surprise you. Did you know that over the last eight years, property taxes have actually outpaced even inflation? Those rising taxes […]

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U.S.News & World Report
Wednesday April 30, 3:02 pm ET
By Luke Mullins
Faced with a weak dollar and rising inflation, the Federal Reserve seems done with its aggressive rate-cutting campaign. Here’s how this shift in monetary policy may affect mortgage rates this year:
How have fixed mortgage rates been moving recently? They’ve climbed. The average 30-year, fixed-rate conforming […]

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…and that means it’s time to wash away those winter blues! In fact, according to the Soap and Detergent Association - did you even know there was such a thing? - three-quarters of Americans engage in spring-cleaning. In fact, their surveys indicated that more than 80 percent of people who spring clean agree that it […]

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A plan that would help troubled mortgage borrowers today - and might make lenders whole later on - was unveiled Wednesday in Washington.  The Office of Thrift Supervision (OTS) is urging the federal savings and loans lenders under its authority to refinance loans by reducing mortgage balances to the current market values of the homes.  […]

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Homeowners in trouble have to wade through many options to see whether they qualify for any assistance from their lender.
By Tami Luhby, CNNMoney.com senior writer
February 13 2008: 12:10 PM EST
NEW YORK (CNNMoney.com) — Delinquent borrowers face a dizzying array of options when it comes to saving their homes.
On Tuesday, a coalition of the nation’s six […]

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