Just listed! 227 Sapphire, Newport Beach

JUST LISTED! – 227 Sapphire, Newport Beach – $2,400,000 More details on Renee’s site here and at the property website, www.227Sapphire.com. Quintessential Balboa Island duplex. Currently being used as a duplex, the front home consists of 3 bedrooms and 2.5 bathrooms, living room with a custom fireplace, dining room and 2-car garage. The back house …

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Five things to know about a home before committing to buy

Your due diligence inspections should include more than hiring a home inspector to look at the home and reviewing a current termite inspection. And your due diligence should start as soon as you have serious interest in a listing. Making an offer to purchase a home consumes a lot of time and emotional energy. Before …

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Delinquency Rate Falls After Spiking in September

After suddenly jumping 7.7 percent in September, the nation’s delinquency rate fell in October, according to “first look” data from Lender Processing Services (LPS). The delinquency rate stood at 7.03 percent in October, a decrease of 4.91 percent from September and 7.19 percent from last year. Historically, LPS says the delinquency rate is actually expected …

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Foreclosures experience a drop

“Foreclosure home sales dropped significantly in the third quarter of 2012 (3Q 2012). The number of real estate owned property (REO) resales experienced an equally dramatic drop from the first quarter. Notice of default (NOD) filings decreased as well. REO resales are down 23,000 REO resales took place in the 3Q 2012.  That is: one-fifth …

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