From the monthly archives:

January 2010

Paperwork for 1st-time homebuyer tax credit

January 28, 2010

Here’s the IRS form for claiming the federal 1st-time homebuyer tax credit.

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FHA buyers now free to collude with flippers

January 25, 2010

Okay, okay…you’ll have to excuse the title’s cynicism. You know how I feel about flipping. Guess what? HUD put a one-year moratorium on the FHA 90-day anti-flipping rule. So come February 1st, expect to see more FHA buyers writing offers. It seems quite a silly move, considering the predicament the FHA currently faces .

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Upcoming greening-your-home fair

January 21, 2010

Greening Oakland Homes will be holding their inaugural fair on Saturday, March 6th at the Women’s Club, 1650 Mountain Boulevard in Oakland. More information is available at their website. About the organization: Welcome to Greening Oakland Homes, where your Oakland neighbors want to promote energy and water conservation – without the intrusions of commercial interests! […]

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New policy to streamline short sales

January 14, 2010

So the Treasury Department announced the Home Affordable Foreclosure Alternatives Program (HAFA), which will take effect in early April and was created to incentivize lenders to streamline the short sale process. As much as I’d like to see it work, I’m skeptical that lenders would bite. Just ask any struggling homeowner trying to get a […]

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Before offering on that flipped property

January 11, 2010

Buying with all cash? Then you can skip this one. (Or read on and learn what your competitors are facing.) Lots of property – especially in the outer burbs – are being offered by private investors who acquired them in foreclosure or pre-foreclosure. The problem facing buyers is that many lenders are refusing to loan […]

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Emeryville condo trends

January 8, 2010

Here’s an 18-month snapshot of Emeryville’s condo market. Keep in mind the small sample sizes corresponding to most of the months.

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Oakland zip 94602 trends

January 8, 2010

Here are the latest trends in the 94602 zip code for single family homes.

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Regulation X – buyers & transaction costs

January 5, 2010

New RESPA rules – in effect January 1, 2010 – are instituting major changes in the Good Faith Estimate and HUD-1 settlement statement. For the real estate industry, this means major changes in the way lenders and title companies conduct business. For consumers, particularly buyers, this means more transparency in lender fees and closing costs. […]

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