Marguerite's Blog

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  "The Buyer's Choice Act" Assembly Bill 957 What is the Buyer's Choice Act? The Buyer's Choice Act is a new law that prohibits a seller who acquired property as a foreclosure sale from requiring a buyer to purchase title and escrow services form a company chosen by the seller as a condition to r...

I have just closed a Short Sale and it was anything but Short. I would like to offer some Short Sale Advise 1. Make sure you obtain a current prelim on the property: The Seller may tell you they only have 2 mortgages but in reality there could be more. 2. Make sure when you get the title report t...

Malibu Local WeatherCurrent weather°C°FCoastal Flood Statement50°FClearFeels like: 50°High 61°Low 49°Barometer30.1 inWind0 mphDewpoint46°Sunrise6:53 AMHumidity87%Sunset4:47 PMVisibility10 milesUV index0 LowPrecip last hrNAPrecip last 24hrNA9AM54°Partly CloudyNoon60°Partly Cloudy6PM54°Partly Cloud...

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Obama's administration scheduled to roll out in the next several months a plan to standardized short sales. Many troubled home owners you can't qualify for a loan modification are being forced to sell their homes as short sales. A short sales involves a lender or investor agreeing to collect less...

IRS updates tax credit for first time home buyers. Information regarding the 2008 Form 5405,First-Time Homebuyer CreditChanges have been made to the first-time homebuyer credit by Public Law111-92, the Worker, Homeownership, and Business Assistance Act of 2009,which was enacted on November 6, 200...

Millions of home buyers nationwide, will have to come up with more cash and have higher minimum credit scores to get a government backed mortgage under changes unveiled by the Federal Housing Administration. The FHA, which insures mortgages with low down payments, is scrambling to balance its inc...

In these days of short sales and foreclosures, we find more and more tax liens, judgments or other similar matters against the sellers. In order for escrow and title to deal with these, they need to be identified very early on in the transaction. All too often, the Statement of Facts needed to cl...

On Sunday Nov 22, 2009,  two hundred Corral Canyon residents and invited guests gathered at the BeauRivage  Restaurant to observe the second anniversary of the Corral Canyon fire, which burned more than 50 homes. The gathering was an opportunity to express gratitude to public officials who have a...