Attention Home Buyers, learn How to Get Closing Cost Credits. Are you a first time home buyer? Are you using 100% Financing or low down payment Financing, i.e. 3.5% or 5.0% down payment programs? Do you need to reserve some of your savings and need options? One way to do this is to get some […]
How Do Home Sellers Gain An Advantage?
We love our homes, we believe they are top notch; so how do home sellers gain an advantage in the market? To answer that question we need to better understand the process from listing a home for sale, through the buyer’s investigations after an offer is accepted. The seller sets the price at which they are […]
What Home Sellers Need To Know About Home Inspections
As a Home Seller what do you need to know about home inspections. What can you do to prepare yourself for the information in the inspection report? Now that you have accepted an offer from a buyer, the buyer will set up an appointment or appointments to complete investigations of your property. According to home […]
FHA Loans are about to get more expensive
On April 9th the Federal Housing Administration announced that the cost of mortgage insurance premiums are going up. This will affect home buyers in the following ways: An increase from 1% to 1.75% in the upfront mortgage insurance premium A .10% increase in the annual mortgage insurance premium. On June 11, 2012 loans exceeding $625,000 […]
Looks like The California 1st Time Home Buyer Tax Credit Has Been Exhausted
(Aug 6th) From the Franchise Tax Board’s Website – California 1st time home buyers are being notified that the hundred million dollars allocated for tax credits is most likely already exhausted. The plan was to accept some 28,000 applications before the cutoff. There been over 31,000 applications submitted and the Franchise Tax Board has determined […]
Simi Valley Home Buyers 3 Important Concerns with Short Sale Offers
As a Simi Valley Home Buyer in this market you will be confronted by many homes for sale that are Short Sales. Before submitting an offer buyers should be concerned and careful about the process they are about to enter. The current market conditions for buyers has been difficult for many. Inventory levels have been […]