lancaster east

CA FIRST-TIME BUYER AND NEW-HOME TAX CREDITS STEP IN TO FILL THE VOID

April 21, 2010
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As buyers who have been sitting on the fence or were not able to get an offer accepted in this hot REO market here in the Lancaster / Palmdale area are watching the clock run down on the Federal First-Time Home Buyer tax credit, the State of California has stepped in to fill the gap.

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BANK-OWNED / REO: 3BD/3BA, 1913SQFT – LANCASTER, CA – $125,000

November 20, 2009
BANK-OWNED / REO: 3BD/3BA, 1913SQFT - LANCASTER, CA - $125,000

BANK-OWNED / REO: 1751 MESA DR, LANCASTER, CA – 3BD, 3BA Overview Maps Photos Description Market Stats $125,000 Single Family Home For Sale Main Features 3 Bedrooms 3 Bathrooms Interior: 1913 sqft Lot: 5,712 sqft Location 1751 Mesa Dr Lancaster, CA 93535 See more Lancaster, CA real estate for sale

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FANNIEMAE TO CHANGE DEBT-TO-INCOME REQUIREMENTS

October 30, 2009
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Just when you thought it couldn’t get any harder to qualify for a home loan …

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DO REO BUYERS NOW HAVE MORE CONTROL?

October 16, 2009
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The process of buying a bank-owned (REO) property can be stressful on buyers here in the Palmdale / Lancaster area. During a time in which most foreclosure buyers think that they should have all the control – Hey, it’s a Buyer’s Market, right?! – when they actually get into the process of negotiating an offer on the home they’ve decided on they realize that they don’t have as much power as they thought …

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THE ELEPHANT SPEAKS – NOTICE OF DEFAULT FILINGS UP IN PALMDALE AND LANCASTER

April 20, 2009
THE ELEPHANT SPEAKS - NOTICE OF DEFAULT FILINGS UP IN PALMDALE AND LANCASTER

If you don’t get the reference to the elephant, please take a sec to go read my last post. Go ahead, I’ll wait … Got it? Okay!

So I did some quick research and found that according to RealtyTrac the Notice of Default filings (NODs) in Palmdale and Lancaster has been rising steadily since January. Yes, the elephant is now going to whack the ignorant upside the head!

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