Author Archives: Bob Phillips

About Bob Phillips

Serving South Orange County, in Southern California, since 1976 - over 35 years! I am now affiliated with Realty ONE Group, in Mission Viejo. I am experienced and highly trained, in today's distressed property situations, including loan modifications, and short sales - holding both the CDPE and the SFR designations. If you're looking to buy, sell, or lease property in South Orange County, California, I am thoroughly prepared to help you succeed in your goals. My California DRE license # is 00581357

Reverse Mortgages : Pros And Cons

A reverse mortgage is exactly what it sounds like — a mortgage in reverse. Here’s some analysis on the program and how it could work for you. Continue reading

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What’s Ahead For Mortgage Rates This Week : May 7, 2012

Mortgage rates improved last week for the first time in 3 weeks. Continue reading

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Planning For A Memorial Day Closing

Planning to close on your home at the end of May? Plan ahead. Memorial Day is coming and the holiday may delay your closing. Continue reading

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Make A Mortgage Rate Plan Ahead Of The Jobs Report

Been shopping for a mortgage rate? You may want to lock something down. Tomorrow morning, mortgage rates are expected to change. Unfortunately, we don’t know in which direction they’ll move. Continue reading

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Home Values Start The Year Strong

According to the Federal Home Finance Agency’s Home Price Index, home prices rose a seasonally-adjusted 0.3 percent between January and February 2012. Continue reading

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Mortgage Guidelines Resume Tightening Nationwide

Despite an improving U.S. economy, the nation’s banks remain cautious about what they will lend, and to whom. Continue reading

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What’s Ahead For Mortgage Rates This Week : April 30, 2012

Mortgage markets were mostly unchanged last week for the second straight week. Continue reading

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Being a non-contingent buyer, when you have a house to sell

The simple fact is housing prices are better than they’ve been in years, as are interest rates, and that scenario has created  more demand than the market could satisfy.  This WILL poop out at some point, but the problem with … Continue reading

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Posted in California real estate, Orange County California real estate, South Orange County California | Leave a comment

Pending Home Sales Index Crosses The 100 Barrier

After a series of worse-than-expected data last month, the housing market appears to be back on track. Continue reading

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A Simple Explanation Of The Federal Reserve Statement (April 25, 2012)

The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday. Continue reading

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