Foreclosures Down

Both houses being foreclosed on and the number of properties entering the foreclosure process is down.

It is clear that we have turned the corner. Don’t wait until it’s too late and prices start to rise big time. Yes we will have another bubble. It always happens here. After all, there is no better place to live.

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Lack of foreclosures bad for the Real Estate market?

According to Diana Olick of cnbc,  foreclosures are down because of all the regulations imposed by states, especially CA. Now banks have to show proof of loan ownership before they can foreclose. That’s tough since the loans were “sliced and diced”.

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Dealing with lead during renovation

If you’re renovating a home built before 1978, take precautions to deal with lead that was formerly used in paint.

by Scott J. Wilson, Los Angeles TimesJuly 15, 2012

If you’re planning to renovate a home built before 1978, there are regulations concerning dust and other materials containing lead, a toxic substance formerly used in paint. Some key things to know:

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