Buying a Home in Los Angeles – California Home Buyers Tax Credit Will Run Out Soon

May 19, 2010 by Jane Peters · Leave a Comment 

If you are thinking of buying a home in Los Angeles now is the time to buy.  The California first time home buyers tax credit is due to run out soon.  The new home buyers credit will last longer. If you have tried to file and found the fax lines busy the Franchise Tax Board [...]

Buying a Home

December 5, 2009 by Jane Peters · Leave a Comment 

Now is the time to buy a home.  There has never been a better one.  All the stars areas aligned: Interest rates are among the historically lowest. House prices are at the bottom Home buyer tax credits are in place until April 30. Are you worried that house prices are going to drop further? Are [...]

Now is a Good Time to Buy – How is Your Credit Score?

October 22, 2009 by Jane Peters · Leave a Comment 

How is your Credit? Tougher lending laws are now are now leading Fannie Mae to require a minimum of 620 credit score as a qualification for some loans.  This includes FHA and VA loans.  However, in order to get the best rate, a credit score of 720 is required and verifiable income. In the past [...]

Buying a Home in Los Angeles – The Most Important First Step

October 19, 2009 by Jane Peters · Leave a Comment 

Buying a home in Los Angeles can be a daunting prospect. You start to look on line at areas you would like to live and estimate the amount of home you can afford. Well, this is not the way to start looking for a home.  You must get pre-approved by a lender! No ifs ands [...]