Menlo Park Real Estate News
Real Estate news for Menlo Park, CA continually updated from thousands of sources.
Yesterday | via Almanac
Five real estate investors accused of rigging bids at foreclosure auctions in San Francisco and San Mateo counties have been indicted in federal court in San Francisco, according to the U.S. Attorney's Office. The indictment filed Tuesday charges Northern California real estate investors Joseph Giraudo, Raymond Grinsell, Kevin Cullinane, James Appenrodt and Abraham Farag with participating in conspiracies to defraud mortgage holders and others through bid rigging and mail fraud. Comment?
Thursday | via Inside Bay Area
Five real estate investors accused of rigging bids at foreclosure auctions in San Francisco and San Mateo County have been indicted in federal court in San Francisco, according to the U.S. Attorney's Office. The indictment filed Tuesday charges Northern California real estate investors Joseph Giraudo, Raymond Grinsell, Kevin Cullinane, James Appenrodt, and Abraham Farag with participating in conspiracies to defraud mortgage holders and others through bid rigging and mail fraud. Comment?
Tuesday Oct 21 | via Almanac
Home prices along the Peninsula continue to rise with no indication of coming down any time soon, according to real estate experts. Since 2012, the median price for a single-family home in every Midpeninsula city -- Palo Alto, Los Altos, Los Altos Hills, Mountain View, Menlo Park, East Palo Alto, Atherton, Portola Valley and Woodside -- has jumped double-digit percentages. Comment?
Tuesday Oct 21 | via Mountain View Voice
It's unlikely that you'll wake up 12 years from now and discover that there are no homes for sale in Mountain View -- that's assuming the current three-year trend in new listings numbers doesn't continue. From January to August 2011, 194 new home listings entered the Mountain View real estate market. Comment?
Tuesday Oct 21 | via Palo Alto Weekly
A San Jose mortgage broker who defrauded East Palo Alto and South Bay residents out of hundreds of thousands of dollars and caused them to lose their homes will serve time in federal prison, according to the U.S. Attorney General's office. Linda Dung Tran , 36, was sentenced to three 16-month terms for conspiracy to make false statements to banks, making false statements to a bank and conspiracy to commit money laundering as part of a plea deal with prosecutors. Comment?
10 hrs ago | via Lake Elsinore Valley News
Buyers, sellers and their respective agents don't want to worry about things that break or malfunction in the home after the sale closes. A home warranty policy - for specific systems and items - can give peace of mind to those involved. Comment?
Yesterday | via China Daily
It was built in 1928 and has five bedrooms and five baths. Provided by Coldwell Banker Residential Brokerage Communities in California have become the nation's hot spots for Chinese seeking houses. Comment?
Wednesday Oct 22 | via The Alpenhorn News
With more available homes on the market for sale, California's housing market will see fewer investors and a return to traditional home buyers as home sales rise modestly and prices flatten out in 2015, according to the CALIFORNIA ASSOCIATION OF REALTORS ' '2015 California Housing Market Forecast.' The C.A.R. forecast sees an increase in existing home sales of 5.8 percent next year to reach 402,500 units, up from the projected 2014 sales figure of 380,500 homes sold. Comment?
Thursday | via Business Wire
The 'AAApre' Stable Outlook rating is based on the pledge of securities in the irrevocable escrow fund securing the bonds and reflects the lien of the refunded bondholders on the escrow funds and that all amounts have been invested in State and Local Government Securities , which are direct non-callable obligations of the United States. The U.S. full faith and credit is currently rated 'AAA', Stable Outlook by Fitch. Comment?
Wednesday | via BayStreet.ca
HELOC financing has increased by more than 50-percent in Southern California due to housing appreciation in major metropolitan areas such as L.A. and Orange County as well as additional financing programs coming to market Aliso Viejo, CA / ACCESSWIRE / October 23, 2014 / HELOCs and fixed-rate second mortgages on expensive homes have enjoyed a resurgence recently due to current market conditions; however, the purpose of the loans has changed significantly from the height of the home equity loan craze prior to the financial meltdown of 2008. Before, homeowners would use HELOCs for luxury items such as boats or expensive vacations. Comment?
11 min ago | via Illinoisreview
An Illinois lawyer and Internet radio talk show host was convicted Friday on federal charges for engaging in two mortgage fraud schemes that defrauded lenders of a total of approximately $9.7 million. Warren Ballentine was found guilty of scheming with others to obtain more than two dozen fraudulent mortgage loans and representing buyers at multiple closings, knowing that they were fraudulently qualified for loans to purchase homes in Chicago and various southern suburbs. Comment?
18 min ago | via WCNC-TV Charlotte
So, who are the middle class? Check out this story on WCNC.com: Here's a list of things the middle class can no longer afford. And we're not talking about lavish stuff here. Comment?
37 min ago | via The New Zealand Herald
Million-dollar views on a slim budget have sparked a flood of interest in a luxury apartment on Auckland's waterfront. The two-bedroom leasehold flat at the Viaduct Harbour has bucked the trend for soaring city property prices. Comment?
52 min ago | via The Jersey Journal
The column that says if you switched mortgage companies 11 years ago and the company you left no longer exists. but there is still a lien on the mortgage in the title search because that company never released it, so there's no official paperwork to say it was released, how do you get the non-existent lien that became the present mortgage erased? You can't. Comment?
1 hr ago | via The Sand Trap
And need some solid advice. Narrowed it down to 4 towns that have great schools. Comment?
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