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 […]
Sandy Flores, Broker.
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, […]
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 […]
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 […]
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 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 % […]
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 […]