Real Estate Tips and Information by Karen List

Buying and Selling Homes in Santa Clara and Alameda County

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Entries from November 20th, 2008

Loan Modifications for Struggling Homeowners and Important Things to Know

November 20th, 2008 · No Comments · Uncategorized

There has been a lot of news lately about loan modifications. And, guess what? As usual, the sharks come out to see who they can bite. So, you need to be aware of some things if you want a loan modification so that you don’t get screwed.  First and foremost, legally, it takes a real estate […]

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Conforming Loan Limits Change Soon!

November 11th, 2008 · No Comments · Uncategorized

Did you read the Mercury News yesterday?  Well, that says it all.  The conforming loan amount was temporarily increased to $729,750 in our area to encourage people to buy homes. Basically, there is a government backed conforming loan amount and anything over that amount is considered a “jumbo” loan.  If the loan amount falls in the […]

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