Home Loans

Acquisition debt vs. Home Equity debt: What you should know? 

Acquisition debt vs. Home Equity debt: What you should know? 

For starters, it’s important to understand the concept of “acquisition debt” versus “home equity debt.” Acquisition debt is a loan to buy, build, or improve a primary or second home and is secured by the home. That phrase “buy, build, or improve” is key. Most original […]

Real Estate, Is it for Real?

Real Estate, Is it for Real?

Home prices, including distressed sales, rose year-over-year by 5.9% in March, according to data released Tuesday by CoreLogic. The CoreLogic Home Price Index report found that March was the 37th consecutive month to feature year-over-year increases in home prices across the country. Month-to-month, home prices […]

Existing home sales slightly rebound

Existing home sales slightly rebound

Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 1.2% to a seasonally adjusted annual rate of 4.88 million in February from 4.82 million in January. Sales are 4.7% higher than a year ago and above year-over-year totals […]

Keep Your Money Where It Is, if you’re planning on buying a home!

Keep Your Money Where It Is, if you’re planning on buying a home!

It’s not wise to make any huge purchases or move your money around three to six months before buying a home. You don’t want to take any big chances with your credit profile. Lenders need to see that you’re reliable and they want a complete […]

$4.5 Billion on Delinquent Debt ready to Hit the Market

$4.5 Billion on Delinquent Debt ready to Hit the Market

Three of the nation’s largest mortgage lenders have put sizable packages of nonperforming and reperforming mortgage loans on the  market for investors to buy, according to New York Mission Capital Advisors. Bank of America has put up approximately $2.56 billion worth of delinquent debt for sale, including nonperforming loans, […]

Se vence el pago de la primera cuota del Impuesto a su Propiedad

Se vence el pago de la primera cuota del Impuesto a su Propiedad

 El 1ro. De Noviembre es el Pago de la Primera cuota del Impuesto  a su Propiedad. Todos los dueños de propiedad en California deben pagar los impuestos sobre la propiedad que se basan en el valor de sus viviendas o propiedades comerciales.  Estos Impuestos se […]

Opening Doors for Homebuyers!

Opening Doors for Homebuyers!

The Federal Deposit Insurance Corporation is the first of six financial regulators to release the final version of the long-awaited qualified residential mortgage (QRM) rule. The National Association of Realtors applauds this action because it will make possible to incorporate rules that include a broad […]

Got Refi?   Rates…better than ever

Got Refi? Rates…better than ever

  Falling interest rates precipitated a major refinancing rally  according to the Mortgage Bankers Association’s (MBA’s) Refinance Index.  The MBA’s Refinance Index is a weekly measurement put together by the Mortgage Bankers Association, and the National Real Estate Finance Industry Association. Strong job growth, coupled with  low […]

Sales of Existing Homes Increase, however not enough

Sales of Existing Homes Increase, however not enough

Sales of previously owned homes rose in September to the highest level in a year, adding to signs that residential real estate will be a plus for the economy. National Association of Realtors reported today in Washington that closings on home sales advanced 2.4 % […]

Boost Your Home’s Selling Price!

Boost Your Home’s Selling Price!

If you’re looking to sell your home for top dollar, in addition to “Location, Location, Location” there are some other suggestions you may benefit from, to get top dollar for your home!     As the saying goes, “You don’t get a second chance to make a […]