Craig Hilbun's (craighilbun) Blog

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Real Estate Broker/Owner - The Hilbun Team - DRE# 01872559
RECENT BLOG POSTS
NEWLY RE-REDUCED LUXURY HOME IN RIVERSIDE!!!!  ***$339,000*** For more info contact me @ 951-840-6052 or e-mail craig@thehilbunteam.com This is a beautiful home in the highly desirable and exclusive "Victoria Park" community. This gorgeous home has a fantastic layout and plenty of room. MLS #I100...
09/04/2010
If your client is buying a flipped home, then be aware of the previous purchase date!  If a flipped home is sold within 90 days of the said property, then the lender may require a 2nd appraisal. I just got caught in this trap and didn't even see it coming!  Apparently, there's also a new law in C...
09/01/2010
Buyers and sellers, when you have ANY questions regarding real estate, contact a Realtor you trust.  Don't call a random office or e-mail someone@stranger.com!  Call a Realtor you know that's a family or friend.  If the only Realtor you know is located far away or even if you may feel uncomfortab...
09/01/2010
An experienced transaction coordinator can make business less stressful!  In combination with a great loan officer, your transaction only requires only signatures.  With less stress on the paperwork side you're able to focus on the people-side of business, building relationships with your clients...
08/28/2010
NEWLY REDUCED LUXURY HOME IN RIVERSIDE!!!!  ***$350,000*** For more info contact Jory Blake @ 951 329 9119 or joryblake@kw.com This is a beautiful home in the highly desirable and exclusive "Victoria Park" community. This gorgeous home has a fantastic layout and plenty of room. MLS #I10056139 The...
08/19/2010
Finding a home in this market takes persistence.  Buyers in this market need to be motivated to find a home!  My wife and I recently started looking for our own home and after 3 months and 8 offers, we finally have entered escrow... phewww!  We have represented buyers in this market and it's been...
08/19/2010
'Mortgage giant Fannie Mae rolled out its Loan Quality Initiative (LQI) June 1, thereby forcing homebuyers to obtain mortgages based on "refreshed" credit reports or risk their closing being canceled and, in some states, their deposits forfeited.' (Inman News) I ran across this article and it kin...
06/23/2010
FHFA Acting Director Edward J. DeMarco orders both Fannie Mae & Freddie Mac agencies to de-list from the NYSE and all other Security exchange boards to conserve and preserve assets. http://www.dsnews.com/articles/fhfa-orders-fannie-freddie-to-delist-stock-from-nyse-2010-06-16 This is good, I beli...
06/16/2010
With all of the cool shows on television these days on channels like HGTV and DIY, it provides many resources on how homes are to be staged.  The gist of most shows go something like this; sellers hire a home stager because they're property has been on the market too long.  At the end of the show...
06/13/2010
 I just wanted to throw this out there. With news like this, it makes you think what those commercial investor's are thinking out there?  http://www.dsnews.com/articles/commercial-defaults-hit-record-high-for-both-investors-and-banks-2010-06-02 This article briefly lays out the increased activity...
06/11/2010
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