by Kurt Galitski | Feb 29, 2012 | Consumer Information, Real Estate News
In This Issue Last Week in Review: The markets were closed Monday but the rest of the week had its share of good and bad news. Forecast for the Week: A plethora of economic reports will hit the wires, with news on inflation, manufacturing, the state of the economy and...
by Kurt Galitski | Feb 2, 2012 | Community Information, Consumer Information, Costa Mesa, Kurt Suggests, Kurt's Thoughts, Real Estate News, Short Sales
On February 1, 2012 The Federal Housing Finance Administration announced that it is opening for business on a new program to dispose of Fannie Mae and Freddie Mac-owned real estate, estimated at 200,000-plus residential properties. “The REO Initiative will allow...
by Kurt Galitski | Jan 31, 2012 | For Buyers, For Sellers, Real Estate News
Laguna Niguel listings: 35% distressed homes By JONATHAN LANSNER, OC REGISTER, 1/31/2012 Home-buying in Laguna Niguel sped up 14% in two weeks — with one-third of the local listings being distressed homes. Here’s what the latest report — as of...
by Kurt Galitski | Jan 18, 2012 | Community Information, Consumer Information, For Buyers, For Sellers, Loan Modification, Loans, Real Estate News, Short Sales
A short sale has the same impact as a foreclosure. When the bank or lender reports your short sale to the credit bureaus, they generally treat both the foreclosure and the short sale as a delinquency. The credit bureaus, in turn, submit their information to Fair Isaac...
by Kurt Galitski | Jan 18, 2012 | Costa Mesa, Real Estate News, Short Sales
There are many factors involved and many steps that will need to be taken to accomplish a successful VA short sale. If your mortgage is guaranteed by the Department of Veterans Affairs, and you are unable to sell it for the amount you owe on the loan, the VA may allow...
by Kurt Galitski | Jan 17, 2012 | Community Information, Consumer Information, Costa Mesa, For Buyers, For Sellers, Kurt In the News, Life In Costa Mesa, Real Estate News
Kurt Galitski Selected For “Orange County 2010 Real Estate Agents Who Provide Exceptional Service & Overall Satisfaction For Two Consecutive Years” Kurt Galitski of Costa Mesa, CA has been honored with a recognition by Orange Coast Magazine in its...