Understanding the Housing Market

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Real Estate Broker/Owner - Move Up Properties - CA BRE Lic 01193694
Survived the mortgage meltdown and live to teach others how to buy and sell in Southern California's "move up" real estate market.
I have a situation where escrow never received the buyers deposit AND no escrow instructions have been executed by either party. We are now into this transaction for 2 months and the closing date is no later than 90 days from acceptance of the purchase agreement. Buyer still wants the home but wi...
  Homeowners think that when they receive a notice of foreclosure from their bank, it’s time to move out. But sometimes banks unexpectedly dismiss the foreclosure, and the home’s title remains in the name of the owner who thought he or she had lost the property. Homeowners who aren’t aware of thi...
  Before you list your current home for sale there are some issues that you should consider. Chances are that when you bought your first home you were moving from an apartment or family and all you had to consider was getting in or out at the first of the month. There are much larger issues to co...
The news is full of stories about the looming fiscal cliff and what it may do to our economy, our businesses, and our personal lives but many of us don’t even know what the so-called ‘fiscal cliff’ actually means and how it can impact us.   Allow me to cut through the confusion and give you an un...
Watch out for individuals claiming that they can perform credit repair services to increase your FICO scores so you can purchase a home.  Don’t do it!  Don’t believe it!  It’s a SCAM!  This information is provided based on reports obtained through individuals recently victimized in and around the...
    A foreclosure action will not necessarily remove you from any future liability for the amount owed and I would not recommend conceding to a foreclosure action if at all possible. It is highly unusual for an HOA to complete a foreclosure action to collect on past due fees when there is a first...
  Many collection agencies have resorted to recording liens against the borrower’s property instead of the bank levy or wage garnishment option.  What I don’t understand is how these collectors think that a lien for an abstract of judgment is of any real value when these properties are hundreds o...
  I was recently contacted for an answer to this question and found the answer to be one that I was not aware of.  The answer was graciously provided to me by a Senior Title Officer with Chicago Title. Q.  Is there a restriction in the state of California that prevents a buyer who purchased a hom...
  With each passing year in this business I consider myself that much more experienced with the workings of a real estate transaction.  I even go as far as believing that there can’t be a deal breaker out there large enough to pass under my radar without plenty of advance warning.  But each time ...
I have several short sale listings.  A majority of them are occupied by the homeowner.  Occassionally I have sellers who are fed up with the process and wind up moving out prior to the short sale completion but they typically remain in the area and continue to check on the status of the property ...

Diane Wheatley

Broker, SoCal Real Estate Expert (909) 815-4499
local_phone(909) 981-5400
smartphone(909) 815-4499
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Survived the mortgage meltdown and live to teach others how to buy and sell in the "move up" market in California.

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