From 2000 – 2006, according to The Skinny on the Housing Crisis by attorney and business writer Jim Randel: “Home prices across the United States increased by 15 percent per year and 3 million new households became new homeowners. During that same period, mortgage debt rose from $6 trillion in 2000 to $13 trillion in…
Since the 1930s, California law has protected California homeowners from thousands of dollars in liability if the homeowner should default on their original mortgage loan. However, if you have lost your home to foreclosure in California you could be in danger of a large lawsuit from your previous lender for the deficiency amount because of…
Good new for Fresno real estate investors: Realtor Magazine is reporting on a new study out from the National Apartment Association that states 76% of people surveyed say they would prefer to rent a home than buy one in today’s real estate market.
Three out of four people would rather rent a home, possibly your Fresno rental property, than buy a property of their own to live in. That’s amazing news if you own Fresno rental properties today.
Being famous won’t protect you from a home foreclosure.
Just ask actor Nicolas Cage.