COSTA MESA

States the have to pay higher Fannie/Freddie fees are fighting back

Nov 172012

If borrowers don’t pay these fees then it will fall on the tax payer. Connecticut lawmakers argue against FHFA g-fee hikes By Kerri Ann Panchuk November 14, 2012 • 10:45am Connecticut lawmakers sent a letter to the Federal Housing Finance Agency warning a proposed hike to guarantee fees on mortgages acquired by Fannie Mae and Freddie Mac will increase the cost of homeownership. The proposed g-fee fee increase will effect five states, including Connecticut, Illinois, Florida, New Jersey and New York. Some estimates from the Royal Bank of Scotland ($8.90 -0.03%) suggests the increase could add as much as $100 to annual mortgage payments in the impacted states. The g-fee proposal is designed to recover a portion of the expenses [Read More...]

The mortgage interest deduction proposals

Nov 012012

This deduction will change in the future. The federal government needs money. A look at proposals to limit the mortgage interest deduction By Kenneth R. Harney October 28, 2012 WASHINGTON — Limiting the homeowner mortgage interest deduction came up in two of the presidential debates, but specifics about who would be affected and how much they might lose in tax benefits were minimal. To put some rough numbers on the issue, here’s a quick primer on the mortgage interest deduction and related housing write-offs. How big are they? Very big — which is why they have become such a tempting revenue-raising target for candidates seeking to reduce the massive federal deficit. The mortgage interest deduction alone will cost the federal [Read More...]

We’ll sell your property in 49 days or we’ll pay you $2,500! List with us today!

Oct 282012

Market your home with Akason Realty Consulting and OC Housing News Why partner with Akason Realty Consulting and OC Housing News to market and sell your home? We likely have a buyer for your home now. We are so confident, we will sell your home 49 days or less we will pay you $2500 if we don’t! Real estate has changed. Eighty-two percent of buyers find their homes online, Akason Realty Consulting has been the number one team out of over 900 agents at Evergreen Realty for the past three years in a row. No local team has a stronger Internet presence. People choose to hire a professional when they want to sell their home faster, for more money, and [Read More...]

Frustrated by low inventory? Find tomorrow’s listings today with our exclusive pre-MLS search tool.

Oct 272012

If you are searching for a home in today’s market, you know how difficult it is to find the right property. Inventory is extraordinarily low, and there is little sign that the banks are going to release more properties to the market soon. There is still a tremendous inventory of distressed properties, and our foreclosure search too can prove it. This tool is useful for more than just indulging idle curiosity. If you are searching for your next home, this tool can help you find properties before they hit the MLS. With our fundamental value reports, we can help you research bank-owned properties before they are released so you can be ready to pounce if it meets your needs. Have [Read More...]

Wouldn’t you be embarrassed to overpay by $100,000? Our report saves you money.

Oct 242012

Don’t bid on a house until you see our report! It’s that important. Are house prices inflated or undervalued? What should house prices be in your search area? Are the neighborhoods and cities you are looking in overvalued? Are you missing opportunities in nearby communities? Our report has those answers. Are you better off renting instead of buying? Will your cost of ownership be more or less than a comparable rental? Is it currently cheaper to own or rent? Has it always been that way? Our report has those answers too. Save thousands on your next home. Be smarter than bubble era sheeple who overpaid and lost their homes. Get the OCHN newsletter right now. You can’t afford to wait. [Read More...]