Uncategorized

August 12, 2015

Fed may delay interest rate hike

Anyone who may be buying or refinancing a home is always interested in current interest rates.  Here’s an article from MPA (Mortgage Professional America) that suggests the Fed may delay a rate hike.  The full text can be found here. China’s central bank devalued its currency Tuesday, a move that could delay a Fed interest rate hike, according to economists. “What is of interest is how the U.S. will react […]
May 27, 2015

Our Summer Events Calendar has arrived!

Pasas Properties has compiled a great list of can’t miss San Diego summer events.  Each month we’ll post the next months events.  Or, download the Pasas Properties Guide to San Diego Summer Events to view the entire summer now. Enjoy! JUNE: Humphrey’s Concerts by the Bay, June 3 – Sept 6 San Diego Greek Festival, June 5 San Diego County Fair, June 5-July 5 Toast of the Coast Wine Competition – County Fair, June 13 San […]
August 27, 2014
Keep your home CA

Information on California’s Keep Your Home Transition Assistance Program

Here is some information we recently found on “Keep Your Home California” Transition Assistance Program (TAP). Keep Your Home California is a free service for homeowners who have suffered a financial hardship, to help them stay in their homes, maintain an affordable mortgage payment and avoid foreclosure.  The funds come from the Transition Assistance Program (TAP), part of the Keep Your Home California Program. There are a variety of programs available […]
October 30, 2012

Short Sales Expected To Be Strong In 2013

Even though the number of foreclosure filings has risen dramatically in recent months in some parts of the country—specifically in judicial states—the ratings agencyDBRS expects total foreclosure filings to show evidence of a steady decline in 2013 when compared to 2012. This is due to “the record number of servicers that are using short sales as their primary loss mitigation tool to prevent delinquent loans from entering foreclosure,” the agency’s […]
July 18, 2012

Attention First Time Home Buyers!!!

Nextage Pacific Realty and Chase are teaming up to bring you a free first time home buyers work shop!  Please join us on Wednesday, July 25th.    [gview file=”https://pasasproperties.com/wp-content/uploads/2012/07/First-Time-Homebuyer-Seminar-Point-Loma1.pdf”]
February 24, 2012

Ocean Beach Homes

Ocean Beach Living   Finding a new home can be rather difficult, especially if you are a first time home buyer. Even if you are not new to the whole idea, you can still come across difficulties. So many things come to mind when it comes to choosing a new house.  For example, does it come with kitchen appliances, and what kind of shape are they in? What about the […]
September 2, 2011

Feds sue big banks over mortgage securities

From cbsnews.com     The U.S. government has sued several of the country’s largest banks over mortgage-backed securities they sold that lost value in the housing market collapse. The Federal Housing Finance Agency, which oversees mortgage buyers Fannie Mae and Freddie Mac, filed the lawsuit Friday seeking seeks compensation for more than $41 billion of losses related to subprime mortgage bonds. The suit could hamper a broader government mortgage settlement […]