Comments on: January Pending Home Sales Fall to Record Low – But, Up in West http://www.brokerforyou.com/brokerforyou/january-pending-home-sales-fall-to-record-low-but-up-in-west.html San Diego real estate market blog - San Diego real estate market 'Inside' views & opinion Tue, 31 Aug 2010 19:17:18 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Los Angeles bail bonds http://www.brokerforyou.com/brokerforyou/january-pending-home-sales-fall-to-record-low-but-up-in-west.html/comment-page-1#comment-75584 Los Angeles bail bonds Wed, 04 Mar 2009 20:00:27 +0000 http://www.brokerforyou.com/brokerforyou/?p=626#comment-75584 Given the ratio to income to sales price in California the foreclosure crisis will be a California problem for many years. Until the recent bubble lending 3 times income was a good yardstick but now it ranges from 6 to 10 times income and this has become the norm. A good example would be the city of Santa Rosa BMR problem that has a cap of 50K income for houses costing 304K using the FHA 3% down program. Low income cannot afford a 300K home; only in California is this type of thinking keep alive by local and state government. In fact the State yesterday wants to give low income families 100% financing for foreclosure homes in the most impacted parts of the state. These homes require extensive rehab which low income citizens do not have and will again provide a new wave of foreclosures in the coming years. <strong> <em><a href="http://www.bail-bond-jail-directory.info/bail-bonds.htm">bail bonds services</a></em></strong> Given the ratio to income to sales price in California the foreclosure crisis will be a California problem for many years. Until the recent bubble lending 3 times income was a good yardstick but now it ranges from 6 to 10 times income and this has become the norm. A good example would be the city of Santa Rosa BMR problem that has a cap of 50K income for houses costing 304K using the FHA 3% down program. Low income cannot afford a 300K home; only in California is this type of thinking keep alive by local and state government. In fact the State yesterday wants to give low income families 100% financing for foreclosure homes in the most impacted parts of the state. These homes require extensive rehab which low income citizens do not have and will again provide a new wave of foreclosures in the coming years.

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]]> By: San Diego medical research studies http://www.brokerforyou.com/brokerforyou/january-pending-home-sales-fall-to-record-low-but-up-in-west.html/comment-page-1#comment-75582 San Diego medical research studies Wed, 04 Mar 2009 19:58:57 +0000 http://www.brokerforyou.com/brokerforyou/?p=626#comment-75582 Individual home sellers have fewer profit margins than home builders; so, if a home cannot appraise for a higher value, then a seller might remain put. <strong><em><a href="http://www.medical-research-study-directory.info">San Diego medical research</a></em></strong> Individual home sellers have fewer profit margins than home builders; so, if a home cannot appraise for a higher value, then a seller might remain put.

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