Bay Area REBlog

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Entries from November 2008

Lenders Illegally reducing or canceling HELOC

November 26th, 2008 · No Comments

 Needless to say, I was not happy this week when I received the dreaded letter from my lender informing me my equityline of credit limit had been frozen at the amount I had already used. Although I was aware of others who have had the same experience within the last few months, I thought I was safe [...]

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Tags: Uncategorized

Festival of Lights Parade- Sunday, Nov 25 at 7 PM!

November 26th, 2008 · No Comments

     It is one of the small town tradtions that families look forward to each year. Ever since 1978 Los Altos has celebrated the beginning of the holiday season with a fabulous hometown parade. Colorful floats and costumed storybook characters, illuminated with thousands of tiny lights, join marching bands down Main street and State street. [...]

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Tags: Community News

Seniors Can Postpone Property Taxes!!!

November 18th, 2008 · No Comments

It is true we can not avoid Death or Taxes but it seems California Homeowners can at least postpone property taxes. California homeowners on fixed incomes may be eligible for low interest loans to pay their property taxes. Borrowers pay interest only and the principal does not have to be paid until the home is [...]

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Los Altos Village Holiday Stroll

November 13th, 2008 · No Comments

Looking for something to do on a Friday night that is entertaining for the family, accomplishes a bit of holiday shopping and is FREE?
Come to downtown Los Altos Friday, November 14 from 5 PM till 9 PM for the Holiday Stroll. It is a delightful time in which all the shops and boutiques open their [...]

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Tags: Community News

One in Five Homeowners with Mortgages Upside-down!

November 4th, 2008 · No Comments

Buried in all the election excitement was a very interesting article on Yahoo last week stating that one in five homeowners now owe more than their home is worth….and we’re quickly heading for one in four. Despite the fact that the government has done all it can to spur lending, mortgage rates went up last [...]

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Tags: Real Estate