Summer time is a lazy time, and this Photo Collage was made from various activities in San Diego and Riverside Counties of Southern California. What could be better than a child waiting for the Ice Cream Truck :)
Wondering if you should buy a home….looking at those Short Sales and Foreclosures, and figuring they are the best deals? The California Association of Realtors just released these stats:
“ Forty-nine percent of all buyers purchased a home through a traditional market sale, while 38 percent purchased a REO/bank-owned property, according to the survey. Reflecting the difficulty in closing short sales — properties selling for less than the loan amount — only 13 percent of buyers purchased a short-sale property. Home buyers who purchased a REO or bank-owned property experienced the highest level of difficulty in obtaining financing, compared with a more traditional transaction. They rated the level of difficulty as 8.9 (on a scale of 1 to 10 with 10 representing the greatest level of difficulty in obtaining financing) compared with a 7.7 for home buyers with a traditional market sale and 7.6 for short-sale home buyers.” Courtesy of CAR Newsline
