O.C. California Real Estate Blog for DUMMY's

Effective immediately, you no longer have to wait 90 days to write an FHA loan on a foreclosed property.  The waiting period is normally indented to prevent abusive flipping, however in today's market the rule was forcing many lenders to hold properties for the full 90-day period before processin...

Energy is the first step to green Most people would agree that a green building must be an energy efficient building. But not everyone agrees on how to define and measure efficiency. The links below can help you ensure your buildings deliver results. Read about “Green Buildings and Energy Effici...

A home energy audit is often the first step in making your home more efficient. An audit can help you assess how much energy your home uses and evaluate what measures you can take to improve efficiency. But remember, audits alone don't save energy. You need to implement the recommended improvemen...

Foreclosure processes are different in every state. If you are worried about making your mortgage payments, then you should learn about your state's foreclosure laws and processes. Differences among states range from the notices that must be posted or mailed, redemption periods, and the schedulin...

Foreclosures are increasing nationwide, and so are scams that promise to “rescue” homeowners from foreclosure.  What these scams do is take your money, ruin your credit record, and wipe out any equity you have in your home. Foreclosure con artists take advantage of people who have fallen behind o...

If you are unable to make your mortgage payment: 1. Don't ignore the problem. The further behind you become, the harder it will be to reinstate your loan and the more likely that you will lose your house. 2. Contact your lender as soon as you realize that you have a problem. Lenders do not want y...

Above are all the Sales, Pending and Active homes in Orange County as of 11-12-08. *Backup is a form of pending that indicates that the owner will continue to market the property for sale and accept offers in the backup position until the home sales. *Closed Sales are for the last 90-days in Ora...

  Here are the raw numbers for Orange County SFR's and Condo's taken directly from the SoCalMLS on 11-12-08. *Closed sales are going back 90-days           Hope you find the info useful! BrentDeWitt.com Brent’s Resume and References

Here are the raw numbers for Orange County SFR's and Condo's taken directly from the SoCalMLS on 11-12-08. *Closed sales are going back 90-days All Equity sales, Foreclosures and Shortsales Statistics Results

Active - ...

This question is one of the most asked questions I get. Since it is obviously a hot topic right now I feel obligated to share what I know about foreclosures and the process of buying them. Step 1: Finding a Foreclosure - This part is pretty simple. Most banks, once they foreclose on a home hire a...