Redding Real Estate

How To: A Short Sale Guide

July 3rd, 2009

By Bob & Sandee Sparks

Short Sales are on the rise in our real estate market for a variety of reasons. Many home owners purchased homes with adjustable rate mortgages and with the downturn in the economy have been unable to continue making payments and are unable to work out loan modifications with the mortgage holder. In addition to rising

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MORTGAGE NEWS

July 2nd, 2009

By Jerry Martin

C.A.R. Mortgage Update

This week’s C.A.R. Mortgage Update contains information about finding a home loan, reverse mortgages, FHA loans, and current mortgage rates.
Best way to find a home loan
During the height of the real estate market, most borrowers who applied for a mortgage received one.  However, in today’s lending environment, consumers should be more cautious

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Waterfront Recreational Properties and Vacation Rentals

June 30th, 2009

By Lisa Collins

I just came across an announcement about a unique home on Hat Creek that is available for short term vacation rentals.  It is called the ROCKHOUSE, and sits on 1/2 mile of Hat Creek.  Here is a link to the listing on the internet:  ROCKHOUSE ON FAMOUS HAT CREEK.  A vacation rental in this or

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Fabulous Vacation Home on the River!

June 29th, 2009

By Lisa Collins

Here’s another riverfront home that’s not on the MLS.  Well priced and move-in ready, ideal for a vacation home or year ’round!
Built in 1995
Approximately 1,852 Square Feet
3 Bedrooms
2 Bathrooms
Vaulted Ceiling
Two car garage with workshop area
RV Parking
Fabulous river views from Master, Dining Room, Living Room and Kitchen.
Lot Size: 83 x 175
2 x 6 Construction
Lisa Collins
Is a

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Shasta MLS-Create Your Custom Search

June 26th, 2009

By Bob & Sandee Sparks

It should come as no surprise to anyone reading this that the Internet has become the indispensable source for real estate listings and information. Most Homebuyers and Real Estate Professionals go online to research available real estate for sale. All MLS systems (Multiple Listing Service) including our local Shasta MLS system (FlexMLS) are web based systems that allow for real time

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Marketfest 2009 Kicks Off Tonight

June 25th, 2009

By Bob & Sandee Sparks

June 25 kicks off the 2009 Marketfest season in Redding. Held every Thursday evening in Library Park behind the Lorenz Hotel at Placer and California Street just two blocks east of our office located at Court and Placer. Marketfest events have become one of the big Redding social events and feature live music, food and beverage vendors and

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Housing Affordability Fund Mortgage Protection Program

June 24th, 2009

By Lauri Gibson

The California Association of Realtors is offering a mortgage protection program for qualified first time home buyers. First time buyers who loose their job because of layoffs may be eligible to receive up to $1500 a month for 6 months to help make their mortgage payments. This might help first time buyers deal with the

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California Foreclosure Moratorium Begins

June 24th, 2009

By Brad Garbutt

As of June 15, a 90-day moratorium on foreclosures in California took effect allowing some homeowners more time to ask their lender for a loan modification. Lenders that already have a comprehensive loan modification program in place, as defined by the California Foreclosure Prevention Act, are exempt from the time extension.
The law applies to owner-occupied

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