Can I qualify for first time home buyer financing if I buy a duplex and live in one and rent out the other? I thought if I bought a duplex, lived in one side and rented out the other would...
This is a warning to those who purchase restricted sale property. I've gotten a couple of calls for refinancing these in the past couple months, and I've never covered this subject. A restricted sale property is one where the...
With a few lenders starting to loosen their requirements slightly in San Diego, it's becoming increasingly obvious that the bottom is behind us. However, the issue has now become, "I don't have much of a down payment. How do...
Every once in a while, the subject of assumable loans comes up. An assumable loan is one where the owner of a property has the ability to pass the loan along with the property in a sale. In other...
One of the things people keep asking about is first time buyer programs. They exist, but lenders are not the first place to ask. Why? Because many, if not most lenders, actually charge a quarter of a point or so...
This is a nationwide program for first time home buyers that helps them qualify for the loan by saving them even more money on their tax bill. With that said, however, the state of California accounts for more than 50...
This is a warning to those who purchase restricted sale property. I've gotten a couple of calls for refinancing these in the past couple months, and I've never covered this subject. A restricted sale property is one where the...
Or, Ways to Minimize Down Payment Requirements (Continued from Part I which stated the issue) But with loans so difficult to get right now, that makes it a wonderful time to buy, because the competition for properties is non-existent. In...
Two years ago, the loan market was easy. It was like being one of those third world countries tapped into the IMF back in the nineties. Of course you could get a loan, and if you didn't make enough to...
Lots of people ask about first time buyer programs, government assistance, and other assistance. Mortgage Credit Certificate, municipal first time buyer programs, FHA, FHA Secure, even the VA loan. The one thing they all have in common is that...
With a few lenders starting to loosen their requirements slightly in San Diego, it's becoming increasingly obvious that the bottom is behind us. However, the issue has now become, "I don't have much of a down payment. How do...
Every once in a while, the subject of assumable loans comes up. An assumable loan is one where the owner of a property has the ability to pass the loan along with the property in a sale. In other...
FYI, I attended a class on FHA mortgages, FHA Secure and down payment assistance programs this morning. I'll probably have two or possibly three articles in the next week or so. In the meantime, if I can help with a...
Can I qualify for first time home buyer financing if I buy a duplex and live in one and rent out the other? I thought if I bought a duplex, lived in one side and rented out the other would...
Veterans Administration, or VA loans, are government guaranteed loans available to veterans and active duty members of the armed services, that enable them to purchase homes for no money down. In fact, VA loans go up to 103 percent of...
'Homeless dumping' charges for hospital The case against it stems from a March surveillance video showing a 63-year-old patient from Kaiser Permanente's Bellflower hospital wandering Skid Row in a hospital gown and slippers. Prosecutors describe what happened to Carol...
One of the things people keep asking about is first time buyer programs. They exist, but lenders are not the first place to ask. Why? Because many, if not most lenders, actually charge a quarter of a point or so...
This is a nationwide program for first time home buyers that helps them qualify for the loan by saving them even more money on their tax bill. With that said, however, the state of California accounts for more than 50...
If you're looking for my article on "Southern California Real Estate and Loan Market Outlook" the link is here. For some reason it's not displaying on the main page, and I can't access it myself at the moment to...
Carnival of Liberty Recommended: New World Man (with an offensive topic warning!) Carnival of The Vanities Recommended: Liberal Wrong ********** Iran ready to transfer nuclear know how ********** Mine blast survivor says some men's air packs didn't work. This is...
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