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You Are Here:   Home » Real Estate Articles » Archives: September 2010

Monthly Archives: September 2010

Attention Ventura County Military Families: Fannie Mae Is Willing to Help

Written on September 27, 2010 by Mana Tulberg in Ventura County Real Estate
Fannie logo

I can not even imagine the constant worries and stresses involved with having a loved one serving overseas and at the same time worry about daily responsibilities such as paying a mortgage.  Neither can Fannie Mae! Fannie Mae has announced that it plans to give Ventura County military families who are having a hard time…

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Ventura County Median Home Sale Price By City

Written on September 23, 2010 by Mana Tulberg in Ventura County Real Estate
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As foreclosed properties flood Ventura County’s real estate market, the home prices in the county continue to drop.  With Ventura County’s unemployment rate at 11.2%  in August 2010, we can only expect more distressed home owners and ultimately a continued rise in the number of Ventura County’s foreclosures. The table below indicates the number of…

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Ventura County Homebuyers Ask: What is Seller Financing?

Written on September 20, 2010 by Mana Tulberg in Financial Information, Ventura County Home Buyers
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With today’s sluggish real estate market and more strict loan programs, more Ventura County home sellers are considering a creative and effective way of selling their home.  Seller financing is a method of selling a home in which the home seller transfers possession of the home to the homebuyer but, the home seller retains the…

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In Ventura County: Low Mortgage Rates Equal a Lower “Effective Purchase Price”

Written on September 17, 2010 by Jeff Wettstein in Ventura County Home Buyers, Ventura County Real Estate
home-equity-loan

Did you know that for every 1% drop in interest rate a home owner saves $22,000 for every $100,000 over the life of their loan? Quick example: You purchased a home for $400,000 and attained a 30 year fixed mortgage of $300,000 at a rate of 4.5%. How does that compare if you purchased the same home…

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