3700 Adobe Dr, Palmdale
$224,900
Spacious newer home with formal living room and dining rooms. Family room has fireplace and open to modern kitchen with center island. Call to check out this four spacious bedrooms with laundry room upstairs. Other amenities include paved and gated RV access, concrete patio, block walls and three car garages.
Property [...]

How do I do a short sale in Palmdale Lancaster?
Have you been turned down for a loan modification and thought your only option was foreclosure? Not so. You may qualify for a short sale. Do you need or want to sell your house, but you owe more than what your house can [...]

36832 Cristallo Court, Palmdale
$194,900

This home is move-in ready. Many amenities include bright and modern floor plan with spacious kitchen with center island, newer appliances, family room with fireplace, an office or den downstairs, three bedrooms upstairs, new interior paint, three car garage and beautiful stone trimmed in-ground pool and spa. Truly an [...]

New Closing Cost Assistance and Appliance Incentive
*Lenders may impose their own limitations on the use of the 3.5% incentive, so buyers should consult their lenders for guidance.
Buyers purchasing properties listed on HomePath.com that are closed within this time period may receive up to 3.5% of the final sales price for one of the following:
• [...]

A lot of people are unaware of what happens when the bank forecloses on homeowners. CNN Money article below gives valuable information for homeowners who are contemplating foreclosure. We recommend that you speak with a reputable and experienced Realtor to discuss your options.
Mortgage lenders pursue homeowners even after foreclosure
By Les [...]

Fannie Mae announced that it will cover the closing costs on purchases of its foreclosed properties. This means that buyers will receive 3.5% of the final purchase price. The money can be used towards closing costs or for new appliances.
Escrow or closing deadline is May 1, 2010.
Another incentive offered is to only require [...]

WASHINGTON – In order to spur economic real estate activity, the 90 Day No Flipping Policy will be waived by FHA for one year effective 02/01/2010.
With certain exceptions, FHA currently prohibits insuring a mortgage on a home owned by the seller for less than 90 days. This temporary waiver will give FHA [...]