Despite the economy and difficulty many are facing in their effort to obtain financing, Rancho Santa Margarita home sales in 2008 are showing a healthy increase over the closed sale numbers for 2007. Per SoCal MLS (rounded to nearest $50.00):
October 2008 – 77 closed sales
Closed Single Family Homes – 35 at an average price of [...]
Tags: Housing Market · bank owned · bank owned homes · buying a home in rancho santa margarita · home sales · orange county · questions about short sales · rancho santa margarita · rancho santa margarita housing market · real estate · reo · rsm · short sales
Are you one of the many Rancho Santa Margarita homeowners stuck in a jumbo adjustable rate mortgage? Unable to refinance into a fixed rate mortgage since Wall Street’s abrupt decision last August, to stop buying jumbo loans from Lenders? Is your credit score intact and your loan-to-value reasonable? You could be in for [...]
Tags: FHA loans · Housing Market · conventional loans · home values · jumbo loans · loan limit increase · rancho · rancho santa margarita housing market · rancho santa margarita real estate · refinance · south county · south county home values · stated income loans
