
Exclusive Estate Properties, Inc. Burbank has water conservation ordinance effective 8/23/2010. This is in addition to smoke alarms and water heater straps.

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latimesblogs.latimes.com
Another week, another record low mortgage rate. Just barely. The average interest rate for a 30-year fixed loan in this week's Freddie Mac survey was 4.57%, down from 4.58% a week earlier. According to the big mortgage buyer, that was...

Banking giant is closing 638 storefront offices of Wells Fargo Financial, of which 74 are in California. The company says it will continue to supply auto loans and credit cards to those with poor or weak credit through Wells Fargo Bank branches and offices of Wachovia Bank.

WASHINGTON — The Senate on Wednesday approved a plan to give homebuyers an extra three months to finish qualifying for federal tax incentives that boosted home sales this spring.

Foreclosed homeowners could owe ‘tens thousands of dollars’ to lenders - Los Angeles Business from b
losangeles.bizjournals.com
California’s real estate association is warning people who lose — or are in danger of losing — their homes to foreclosure that they could face a hefty lawsuit from the lender, even after handing over the keys.

finance.yahoo.com
WASHINGTON (AP) -- Home construction rebounded last month to the highest level in 18 months as buyers capitalized on tax incentives. But now that those

Exclusive Estate Properties, Inc.
Big Lenders are Forcefully Opposing C.A.R.'s Portable Appraisal Bill! SB 1000 (Correa), making appraisals "portable" if a buyer must change lenders. C.A.R. is sponsoring SB 1000 to address the problem caused by lenders requiring the preparation of another appraisal even if an appraisal has already been obtained and pai...d for by the buyer for another lender. The big banks are forcefully opposing this bill because they own Appraisal Management Companies (AMCs) and profit from the additional appraisals!!!
Call Your Senator TODAY! Please Call Senator Carol Liuat 1-800-672-3135
Ask that your Senator vote "Yes" on SB 1000.

blogs.wsj.com
No one can estimate with much confidence how many foreclosed homes banks need to sell or how fast they are getting rid of all that property.

Exclusive Estate Properties, Inc.
City of Los Angeles is proposing to remove themselves from the responsibility of repairing broken sidewalks and place the onus directly on the property owner.
Contact your local Council Members and oppose this transfer of responsibility.

Exclusive Estate Properties, Inc. The analysis of 45 metro areas found the difference between the monthly mortgage payment on a median-priced home and the median rent has declined to $256. In some areas, the difference is as low as $100, according to the study. The last time the price gap was that close was in 1993, when it decreased to $264.

The Legislature passed a bill Thursday that could help many homeowners who were hurt by the housing crisis save thousands of dollars in taxes.









