Nov 5th 2010 4:29PM
Tawny Kitaen, the former Whitesnake music video babe and a star of the cheesy 1980s classic "Bachelor Party," was recently forced to sell two of her luxury Orange County, Calif. homes at a steep loss. The first property, an Irvine, Calif. penthouse sold for $2,520,000. While it's unknown how much the home was bought for,... Continue Reading »
Oct 25th 2010 2:25PM
In 2010 an estimated 4 million homes will be slapped with foreclosure notices, making it the worst year yet for foreclosures during the housing crisis. And without a strong economic recovery the numbers could continue to escalate, leaving more Americans unable to afford their homes. One way to turn back the tide is with... Continue Reading »
Aug 10th 2010 8:54PM
If you want to know what a short sale experience is really like, just ask Erin. In 2005, Erin and her husband, then newly married, purchased their first home, in Sacramento, Calif., for $350,000. Just three years later, her husband's commodities business was in decline and their financial situation soured to the point... Continue Reading »
Jun 28th 2010 1:56PM
The funniest thing about the Sacramento Bee story on ex-Sacramento Kings basketball player Ron Artest (he now plays for the Los Angeles Lakers), who was having trouble selling his Sacto home, is the paper's attempt to get a quote from him about the situation: "Artest was busy Thursday night, earning his first NBA... Continue Reading »
Apr 26th 2010 5:30PM
Good news for those working their way back to home ownership. In an effort to aid in the recovery of the housing market, Fannie Mae has changed its loan rules for homeowners that went through a short sale or gave their deed back to the bank before foreclosure. The U.S. housing market has so far weathered six million... Continue Reading »
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