Ventura County Real Estate Journal

News and Views on Real Estate Issues in Ventura County

Ventura County Real Estate Journal Recent News

Fannie Mae to Eliminate “Declining Market Policy”

May 21st, 2008 · No Comments · Real Estate, Real Estate Financing

As of June 1st, Fannie Mae is changing it controversial policy of requiring an additional 5% down payment for home in designated as being in a “declining market”.  Back in January, Fannie Mae changed its lending guidelines which had a major impact on Ventura County home sellers and buyers.  Ventura County was on Fannie Mae’s list [...]

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Ventura Seller Surprised by Supplemental Property Tax Bill…

May 2nd, 2008 · No Comments · Real Estate, Real Estate Taxes

…Nearly Two Years after Sale!
The best escrow is a closed escrow.  Job well done…satisfied clients…all is well and it’s time to focus on the next one. Sometimes, though, like a zombie from a B-movie, a closed escrow will not die requiring some extra attention to put things right.
This particular example starts with a panicked phone [...]

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