2/05/2015

Laguna Niguel Home Market


  • Median List Price
    $749,000
    1% ( $10,000) vs Nov 2013
  • Median Sales Price
    $710,000
    3% ( $22,000) vs Nov 2013
  • Median Foreclosure Sales Price
    $595,000
    5% ( $28,500) vs Nov 2013
  • Foreclosures158
    Homes for Sale 373
    Recently Sold 514

Market Summary Foreclosures for Laguna Niguel

 California

There are currently 158 properties in 92677 that are in some stage of foreclosure 
(default, auction or bank owned) while the number of homes listed for sale is 373.

In December 2014, the number of properties that received a foreclosure filing in 92677 was 31% higher than the previous month and 40% higher than the same time last year.

Home sales for November 2014 were down 61% compared with the previous month, and down 47% compared with a year ago. 
Median sales price of a non-distressed home was $710,000. The median sales price of a foreclosure home was $595,000, or 16% lower than non-distressed home sales.

Numbers of new listings for non foreclosures greatly slowed in December and January with buyers still looking for product, but little on the market. This is typical from Christmas until the Superbowl but we should be seeing increasing new listings in Laguna Niguel, Laguna Beach, Dana Point and the surrounds - but not yet...

Sales Prices - 92677

Mortgage RATES hit historic lows
With rates in the high 3's we should
see the market increase in the spring
I expect the values to increase, sellers
again listing houses high but buyers
getting in where they can

2/04/2015

Bath Remodel Loan

Bath remodel ideas
We have a new mortgage that allows a Borrower to 
buy a house and finance the construction improvements
they plan to complete.
Work should be completed in six months
This is a compromise between a 203k loan that only
gives you $30000 and a full new construction loan that
can go up to ten million dollars and take two years.

The remodel amount must be less than fifty percent of
the sale price.
Perfect for a beater house with an ugly bath or outdated
kitchen that needs a face lift
Homestyle Mortgage Loans Universal American Mortgage
Eagle Home mortgage













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LOPhoto
Caroline Gerardo
Senior Loan Officer
NMLS #324982
Cell 949-637-8190
Office 949-784-9699
eFax 855-883-4303
CarolineGerardo@eaglehm.com
www.eaglehomemortgage.com/carolinegerardo
Committed to Seeing You Home.
Eagle Home Mortgage
8105 Irvine Center Drive Suite #500
Irvine CA 92618
LOLogo
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NMLS #849059 CA #813I609 Universal American Mortgage Company of California, dba Eagle Home Mortgage of California. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. RMLA #4130383, NMLS #252392. Certain restrictions apply. This is not a commitment to lend. Applicants must qualify.
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1/30/2015

Snacks


I'm serving snacks - most from my organic garden for
a real estate preview. I carved the butternut squash to act
as cups holding roasted nuts, olives and placed a big variety
of cheese on a wooden platter.

Aren't the colors just beautiful?

Someone took one of the butternut squash sculptured
cups and there was a big bite mark.

Did they not know what it was?
 
Next time I'm going to be really crazy and serve
boquerones, alici (white anchovies) with spicy sauce
hard boiled quail eggs, and olives
 
 
 

CHF Golden State Finance Authority










 CHF/ GSFA Lenders
Borrowers 


CHF is changing its name to Golden State Finance Authority (GSFA).
View E-News Bulletin here.
What Has Already Transitioned?
Our website www.chfloan.org now displays the Authority’s new name: Golden State Finance Authority (GSFA). A new logo is also displayed.
What You Can Expect Next
· Over the next couple of weeks, you will notice the CHF name on our Online Reservation System change to GSFA.
· The respective programs, CHF Platinum and CHF MCC will change to GSFA Platinum and GSFA MCC.
· The Program Documents available for download through the Online Reservation System will also reflect the Authority’s name change soon. (i.e. Grant letters and reservation confirmations will display GSFA as the sponsor.)
· NOTE: The EIN # for the Authority remains the same.
PLEASE CIRCULATE THIS INFORMATION to
Mortgage Lenders and Home Borrowers
We ask that you circulate this information to your branch offices and respective loan officers participating in our home ownership programs.
As always, if you have questions, let us know. We appreciate your patience during this transition.

Golden State Finance Authority
1215 K Street, Suite 1650
Sacramento, CA 95814



Note: Golden State Finance Authority (GSFA) was formerly known as CRHMFA Homebuyers Fund (CHF). A formal name change is pending.