When Buying a Home in Los Angeles Hold Off on Your Spending

When Buying a Home in Los Angeles Hold Off on Your Spending

May 16, 2010 by Jane Peters · Leave a Comment 

If you are buying a home in Los Angeles and you have been approved for a mortgage based on your credit, be aware that, effective June 1, 2010, your lender may order another full credit screening. This is to ensure that you have not taken out, or even shopped for additional loans – a new [...]

Buying a Foreclosure in Los Angeles

Buying a Foreclosure in Los Angeles

May 6, 2010 by Jane Peters · Leave a Comment 

Buying a Foreclosure in Los Angeles is not an easy process and not for the faint of heart. There are three stages of buying: Pre-foreclosure: This is when the home is in the process of being foreclosed on but has not been sent to the auctioneer’s table.  This kind of sale is a short sale [...]