In an effort to speed up the short sale process, some lenders are choosing to automate the way approvals are given. Bank of America is using a new system to automate the approvals of short sales, called Equator. It uses an Automatic Valuation Model (AVM) like Zillow.com to determine the value of the home, and any ... [Read More]
In an effort to speed up the short sale process, some lenders are choosing to automate the way approvals are given. Bank of America is using a new system to automate the approvals of short sales, called Equator. It uses an Automatic Valuation Model (AVM) like Zillow.com to determine the value of the home, and any [...]
The Feds & the state are offering buyer incentives
With the announcement of California’s new tax credit, buyers of new homes potentially can get tax credits from both the Federal government and the state at this time. The California state credit is either $10,000 or 5%, whichever number is lower and the Federal tax credit ... [Read More]
The Feds & the state are offering buyer incentives
With the announcement of California’s new tax credit, buyers of new homes potentially can get tax credits from both the Federal government and the state at this time. The California state credit is either $10,000 or 5%, whichever number is lower and the Federal tax credit [...]