400-Plus Rental Units Coming To Eastlake
Construction has started on a residential community of 400-plus units in Chula Vista, adjacent to the U.S. Olympic Training Center. Chula Vista Mayor Cheryl Cox said it’s the first major project in the area in about five years. “The city is very excited to see development activity on the east side,” Cox said in a [...]
Military members may get six-figure payday for wrongful foreclosures
Major banks will reimburse military servicemembers for any wrongful foreclosures done in the past five years. JPMorgan Chase, Wells Fargo, Citigroup, and Ally Financial will resolve Servicemembers Civil Relief Act claims in connection to the wider $25 billion foreclosure settlement, U.S. Assistant Attorney General Thomas Perez said in a speech Friday. These four banks will [...]
Chula Vista Officials Discuss Home Rental Scams
The Chula Vista City Council discussed the growing problem of home rental scams during a Tuesday night meeting. The debate was sparked by the recent arrest of Chula Vista businesswoman Dianne “Harmony” Brown, who is charged with 61 felony counts of burglary and filing fraudulent documents. In January, Brown told 10News the company she and [...]
Obama Proposes Extending Tax Waiver on Mortgage Debt Forgiveness
Obama’s FY2013 budget proposal includes an extension of the Mortgage Forgiveness Debt Relief Act of 2007. The Act ensures that homeowners who received principal reductions or other forms of debt forgiveness on their primary residences do not have to pay taxes on the amount forgiven. Without the Mortgage Forgiveness Debt Relief Act, debt reduced through [...]
Just Sold-Eastlake Real Estate Sale
Just Sold: $445,000 Eastlake Real Estate Sale 1536 Bradbury Dr Chula Vista, CA 91913 4 Bedroom 4 Bathroom 3,349 sq. feet
Investor buying spurred by demand for rentals
Full Article Investors looking for yield are acquiring more low-priced homes to fill growing rental demand, according to the latest HousingPulse Tracking Survey from Campbell/Inside Mortgage Finance. The survey shows that investors now dominate discount housing markets, and that first-time homebuyers are fading in favor of short-term living arrangements. In fact, 61.6% of properties purchased [...]
California real estate market ‘struggling to gain momentum’
http://www.inman.com/news/2011/09/21/california-real-estate-market-struggling-gain-momentum California home sales are expected to remain essentially flat this year and rise slightly in 2012, according to a housing market forecast from the California Association of Realtors. The trade group predicted California home sales this year will stay roughly flat compared to 2010, at 491,100 units — a relative improvement given the 10 [...]
Just Sold- 1346 Silver Hawk Way Chula Vista, CA 91915
Just Sold – $475,000 APPROVED SHORT SALE. Beautifully upgraded home in Eastlake Vistas. Kitchen has island w/granite countertops, stainless steel appliances & large pantry. Flooring throughout home is hardwood, designer carpet & upgraded tile. Backyard features large bbq, firepit & dog run. 1st floor features formal living room w/doors leading to courtyard, bedroom & bathroom. [...]
Just Sold – 1562 Stargaze Drive, Chula Vista, CA 91915
5 Bedroom, 4 Bath with tons of upgrades in this Winding Walk home. Travertine floors, granite counters, laundry room upstairs with sink, office with built-in desk, plantation shutters and dual pane windows. Large back yard with western exposure and no houses behind is great for entertaining and features pool/spa, built-in gas fire pit, elevated covered [...]
The C.L.U.E. Report
What is a C.L.U.E. report? A. The Comprehensive Loss Underwriting Exchange (CLUE) is a national insurance industry database of personal property claims. Insurance companies use it to underwrite or rate new policies. Whether you are selling or buying a home, you should talk to your REALTOR® about obtaining the report, which reflects the insurance claims [...]
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