Termite Inspection Demonstration by Fred Kim - Fullerton, CA

Fred Kim of Pesterminator in Fullerton, CA, the #1 in Termite Inspections in Orange County gives us a demonstration of how he does a termite inspection. Fred shows us one of the likely spots you'll find termites destroying your home's wood and also gives a rough estimate of the cost for similar homes to be fumigated and repaired. Thanks Fred!

To contact Fred for an inspection call him at: (714) 822-9282

NACA Arrives in Southern California to Save Your Home

NACA (Neighborhood Assistance Corporation of America) will be here in Southern California (San Diego - Feb 9-13 and Los Angeles Feb 16-20) to save your home. It's been a year since the non-profit corporation was here last to help homeowners with their payments.

If you've had trouble in the past with making your mortgage payments then NACA may be your answer. Claiming itself as America's best mortgage program they offer all kinds of money-saving services that include no fees, no perfect credit requirements, below market interest rate (which is already at record low numbers). Even for first time homebuyers there's no closing costs and no down payment for those that qualify for the program.

Foreclosures are a huge part of the market just check the current Southern California foreclosure inventory. If you want modify your mortgage and pay substantially less each month in order to save your home take a trip to San Diego or Los Angeles this month.

Find out more by going to the NACA website and click here to search Southern California homes for sale.

Fullerton Lease in Hidden Lakes Community (Video)

Today we took a look at a current lease listing here in Fullerton in the wonderful private community that is Hidden Lakes. The community that features two swimming pools and two tennis courts holds very popular real estate at the moment. With the help of Tina Maraj of Re/Max North Orange County we captured a video of one of the town-homes.

Amerige Heights Real Estate in Fullerton Video (Korean)

Esther Choi of Re/Max NOC takes us through Fullerton to show us some Amerige Heights real estate. Esther also reveals some of the key components of the community and explains why it's such a great place to live all in her native tongue (Korean).

Corona Del Mar Foreclosure Chart of 2011

3 Appraisal Tips for Orange County Homeowners

New Rancho Santa Margarita Foreclosure Filings (01/24/2012)

New Rancho Santa Margarita foreclosure filings from the past 12 weeks are listed here on a chart by ForeclosureRadar. Notice of Default and Notice of Sale are both listed and can be seen as having fairly the same numbers throughout the past couple of months aside from December. October saw Notice of default at 13 and currently with 5 and notice of sale had started in October with 6 and currently with 8 Rancho Santa Margarita foreclosures. Among Orange County homes for sale 24 of them are Rancho Santa Margarita foreclosures.

These are the newest Rancho Santa Margarita Foreclosures to hit the Real Estate market:

282 Pasto Rico , Rancho Santa Margarita

7 Santa Loretta , Rancho Santa Margarita

38 Calle Del Sur , Rancho Santa Margarita

29 Aloysia , Rancho Santa Margarita

10 El Balazo , Rancho Santa Margarita

Yorba Linda Foreclosure Market Update (01/24/2012)

The graph above depicts Yorba Linda Foreclosurefilings of the past 12 weeks. Notice of default for Yorba Linda foreclosures have dropped greatly whereas notice of sale has had it's ups and downs. There are currently 15 foreclosures in the city of Yorba Linda.The following 5 foreclosures are the newest foreclosure filings in Yorba Linda:

5756 KELLOGG Drive , Yorba Linda

6161 BRIDLE Lane , Yorba Linda

28135 HOLLYBERRY Lane , Yorba Linda

24220 ERNEST JOHNSON Circle , Yorba Linda

20011 GLEN Place , Yorba Linda

Dana Point Foreclosures Real Estate Market Update

The chart displays the newest Dana Point foreclosure filings from the past 12 weeks. Both the Notice of Default and Notice of Sale has been sporadic from November up until now in January 2012. There are currently 13 Dana Point Foreclosures on the Real Estate Market. The desirable Dana Point communities of Del Obispo and Monarch Bayboth have foreclosure filings among the 5 listed below.

New Fannie/Freddie Forbearance Policy Helps Unemployed

Fannie Mae and Freddie Mac have recently revised their loan forbearance policies in order to help unemployed or soon-to-be unemployed borrowers from losing their homes. A home cannot go into foreclosure under the newly revised forbearance rules.

What the forbearance law does to help the unemployed is that it basically puts a borrowers mortgage payment on hold. Obviously being unemployed can temporarily hinder ones ability to make payments and therefore is why this new policy was put into play. Due to companies downsizing and job instability the policy will give a borrower a fair amount of time to find a job and get their income back on track.

The policy isn't available to everyone under a Fannie / Freddie mortgage. One must meet certain requirements in order to receive the loan forbearance. One of the requirements is that the borrowers monthly housing expenses must be more than 31% of their monthly gross income. Borrowers also must document that they don't have cash reserves that could be paying for their mortgage.

The loan will eventually need to be paid back. The new policy is by no means a freebie but will definitely help several people that just need time in order to fulfill their mortgage payments. Call a Fannie or Freddie servicer today to see if you qualify for a forbearance plan.

Find out more about Fannie and Freddies new Forbearance policy.