Hello, thank you for your inquiry about the Lake Isabella area and the Kern River Valley. Took a quick look at the MLS and we do have a couple of homes right on the water. Both are in the Wofford Heights area, nice places and awesome views. The lake is pretty low right now but usually you can walk right to the water from both of them. Isabella is a reservoir so lake levels change seasonally but usually we have a big beautiful lake up here we have got a drought going right now so levels are low. They are doing some work on the dams in the next few years as well and as soon as that is all done the capacity will be even larger for the lake levels. We also have a lot or two it looks like that touch the easement for the lake and there are some nice homes available right on the Kern River either in or just north of Kernville CA as well, Trout fish from the back porch kind of homes, beautiful stuff! I would love to help you out with your search for properties in the Kern River Valley please give me a call or shoot me an e-mail or txt. 760-223-0880, firstname.lastname@example.org, Matt Freeman, Freeman's Lakeside Realty #01335463... more
That house is currently pending. That means that the seller has accepted an offer and the property is in escrow. Sometimes things do not work out and the property dose not close. Until it closes it is not sold.... more
You may want to reach out to the Government and see if there i help. Lenders will modify the loan if it makes sense. The problem with most loan Modifications is that if you purchased with an FHA loan they can not set you up with a mortgage payment that is more than 31% of your gross income. Often this amount is not enough to cover taxs, insurance, interest, Hoa fees, and any type of reasonable principle reductionat your new income level. If it can not work out to a 30 payoff you may be turnrd down but it never hurts to try. Here is a link to help you reach out to as agency that can help you work out things with your lender.
The Mortgage Company will tell you how much you could qualify for, MAX.
They will review your documents and give the maximum that you qualify for;
Then you will decide if you are comfortable with that monthly payment and total debt.
Then you tell your Realtor the price range you want to look at;
and your Realtor finds possibles for you.... more
What bank is Wiki-leaks about expose?Forbes just ran an article based on an interview. They are claiming they are about to release infomation which will likely "take down a bank or two"
This should get interesting.
Both parties need to crack down. FNMA and FHMC were culpable as well as almost everyone else involved in the boom and bust--agents, lenders, buyers, and sellers all share their own little piece of responsibility.
Lax lending standards started at the federal level, and were a huge part of the problem. We need to assure that "expanding home ownership" doesn't mean "no financial stability required".... more
It looks like that listing hasn't had any changes made to it in some time, so it has dropped off our site. To refresh it, go into the feed source and making a few changes to the description. This should refresh the listing in the feed and it will come live again in 24-48 hours.
Account Manager | Trulia... more
Yes, a number of referrals I have gotten are Boomers who are planning to retire and looking for property in the places they want to retire - they want to buy now, if the value is there. They will retire in 1-3 years from now, and they think the market will be moving up by then. smart planning.... more
Congratulations and good luck on the purchase of your first home.
An escrow account is a means by which a broker deposit money associated with a specific transaction in an account that is separate from their personal money.
When you have found a home that you wish to place an offer on, it is customary to place a deposit with your purchase offer. This is normally an unspecified amount that demonstrates to the seller that you are a serious buyer. Obviously, the larger the amount you put on the table the better your offer appear to the buyer.
In some cases, when a deposit is a lesser amount, the seller may counter and request that you provide additional money in order to be considered. In short, "escrow" is not a cost but an amount of money determined by both the buyer and seller that is acceptable as a deposit or evidence of "good faith."
Your real estate frofessional will be able to provide you with additional information.