Many of the significant upcoming laws are in the landlord-tenant arena, but other new laws involve foreclosures, HOAs, settlement agreements, smoke alarms, mobile home parks, and much more. Landlord Must Disclose Notice of Default to Prospective Tenants: Starting January 1, 2013, every landlord who offers for rent a residential property containing one-to-four units must disclose …
Continue reading ‘New California Laws for Real Estate in 2013’ »
Foreclosure activity slowed in April. Foreclosure filings were down in Arizona, California, Nevada and Washington, with Oregon being the sole exception where filings were up. California filings were down to levels not seen since late 2008, when governmental intervention caused a temporary but massive drop in activity. Foreclosure sales saw similar declines throughout our coverage …
“Foreclosure auction sales in states along the West Coast have bounced back to levels not seen since robo-signing moratoriums went into effect last fall, the California-based tracking firm ForeclosureRadar reported Tuesday. The company’s coverage area includes the states of Arizona, California, Nevada, Oregon, and Washington. ForeclosureRadar says it recorded “significant increases” in all five states …
Continue reading ‘West Coast foreclosure sales are now at pre-robo-signing levels’ »
The number of foreclosure notices filed in November plunged 21%, the biggest month-over-month drop ever recorded by RealtyTrac, the online foreclosure marketer. Filings fell 14% compared with November 2009. The number of Americans who actually lost their homes to bank repossessions plummeted even more steeply — to 67,428. That was off a whopping 28% from …
Continue reading ‘Record plunge in foreclosures, thanks to robo-signers’ »