254TH STREETLOMITA CA 90717$465,000 | 3 BEDROOMS | 2 BATHROOMS | 1279 SQUARE FEET Don't miss this adorable Doll House! Pottery Barn Perfect! This home is filled with tons of natural light, charm and character.
As Condoleezza Rice once said; "Trust, but verify."
In fact, if you have or had extenuating circumstances that contributed or will contribute to the Deed-in-lieu (or a Short Sale) Fannie Mae guide lines state that you may repurchase a home after two years.
For a definition of Extenuating Circumstances see page 453.
Additionally, FHA financing normally requires THREE years from the short sale; HOWEVER, IF 1) the mortgage payments were made on time within the 12 months prior to the short sale, and 2) you aren't looking to purchasing a similar or larger home in the same area as short sale you can actually buy the very NEXT DAY after escrow closes on your Short Sale.
Despite the ups and downs of the real estate market, hundreds of people in Lomita have navigated the process of buying or selling a home this year. It can be challenging to investigate even routine asects
The dreaded short sale process could get a lot shorter this summer under new rules that will require most lenders to respond to offers within a month. Fannie Mae and Freddie Mac, the nation’s two largest
If you haven't heard the real estate market is showing definite signs of life! Locally the inventory of homes for sale has plunged dramatically. Most areas have 30% to 50% fewer homes on the market