Burbank Real Estate News

http://SearchBurbankHomes.com is a new website designed to help current Burbank Homeowners and anyone thinking of buying Burbank Real Estate. Here buyers and sellers will find valuable tools to assist with all Burbank Real Estate needs. Search the Burbank MLS, check out Burbank Real Estate Market Data and Trends.

Elegant West Toluca Lake Home Has Been Listed !

A  Grand, Open Foyer leads to Charm and Details rarely seen today.  This 1923 Southern Style Traditional in West Toluca Lake is Sited on an 11,000 square foot lot and boasts: Six Bedrooms, Hardwood Floors in Living Areas and Some Bedrooms, Barrel and Stamped Tin Ceilings, Large Formal Living Room with a double-sided Fireplace that is shared with a Sun Filled Library. The Formal Dining Room leads to a sunny den that makes you want to grab a book and pray for rain. The Gourmet Kitchen is a must see. Remodelled with love it features  Stainless Appliances, Granite, Wolf Range with Dual Ovens, BBQ and Griddle, Butler’s Pantry, Two Dishwashers, Built-in Refrigerator.  The  Large Eating Area has a Built-in Hutch and Buffets. The Private Entertainer’s Backyard has a Covered Patio, Sparkling Pool, established plants  and a Soothing Fountain.

Located at:

11122 Kling Street 

West Toluca Lake, CA

Offered At: $1,249,000

For More Information on 11122 Kling Street, West Toluca Lake

NoHo Condo priced UNDER $200,000!

Top Floor Unit in The Bakman Towers Condominiums located in the Trendy No Ho Arts District Of North Hollywood. Close to Theatres, Studios, Metro Red/Orange Line, and Great Restaurants. Open Floor Plan, Vaulted Ceilings, Fireplace and Hardwood Floors in Living Dining Areas. Good Sized Balcony off Living Room. Unit is Light and Bright. Community with Pool, Spa, BBQs, Rec Room and Gym. Unit has 2 assigned covered subterranean parking spaces. Low HOAs includes Earth Quake Insurance. Studios Close!
                                                             1 Bedroom 1 Bath
                                                        Offered At: $199,000
                                               For More Info call 818-388-2743

                                                                       

Heather Farquhar
Keller Williams Realty
BRE# 01010047
Heather@HeatherHouseHunter.com
http://HeatherHouseHunter.com 

Valuable Website For Valley Village Home Owners

Check out this new website and find out what your Valley Village Home Is Worth. Loads of easy to understand data, the same data used by Realtors and Appraisers to determine the market value of a home. To find out the value of your Valley Village home visit http://WhatsMyValleyVillageHomeWorth.com

What's My Toluca Lake Home Worth?

This website is a great place to answer that question. http://www.WhatsMyTolucaLakeHomeWorth.com helps Toluca Lake sellers and buyers better understand home values in the Toluca Lake area. Compare homes by using the "Market Snapshot" tool. See how long your neighbors house took to sell and what it sold for, find out the Sell VS List price to help better price your Toluca Lake home, Search the Toluca Lake MLS and so much more. If you are thinking of buying or selling Toluca Lake Real Estate this is the only website you will need.

New Website Helps Burbank Homeowners

http://whatsmyburbankhomeworth.com uses a easy and free tool called "Market Snapshot" to help Burbank Homeowners determine the value of their Burbank home. Just complete the short, 2-step form and within an hour comps, graphs, and neighborhood data will arrive in your inbox. Then you can be updated every month so you will always be in the know.

So, what are you waiting for? Visit What's My Burbank Home Worth now!

Borrowers with bad credit can now buy sooner with FHA

You may still be able to purchase a new home

If you think that you are unable to purchase a new home because you had a short sale or foreclosure recently I may have good news for you!

The Federal Housing Authority has announced it is shortening the waiting periods for homeowners with negative marks on their credit, such as a short sale, deed-in-lieu, foreclosure or even bankruptcy to buy again with an FHA loan.

Instead of the mandatory 3 years before qualifying for a new loan, buyers may be able to purchase in just 12 months!

The new deal is part of the FHA's "Back to Work - Extenuating Circumstances Program".

The program has pretty strict requirements. Potential borrowers must:

1.) Prove that the foreclosure or short sale was caused by what the FHA calls an "economic event" -- a loss of income and/or employment, that was beyond the control of the borrower must have caused an income reduction of at least twenty percent six months or more.

2.) Borrowers must prove that they have "fully recovered" from the "economic event" that led to the event and must prove that their credit was good before the "economic event", meaning that their credit report was free from derogatory credit issues. Borrowers must also show that since the event the borrower has maintained  satisfactory credit over the past twelve months.

3.) Borrowers must also complete at least one hour of one-on-one counselling from a HUD-approved counsellor at least thirty days but no more than six months before applying for an FHA loan.

After meeting all the requirements, borrowers can qualify for an FHA loan, which allows them a mortgage with just 3.5% down.