When shopping for a mortgage avoid these mistakes: It is a temptation for those shopping for a mortgage to look for the lowest monthly payments, but that is not always the best tactic. 8 out of 10 homeowners are looking to refinance their mortgages now. Here are some of the mistakes made by mortgage seekers: […]
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Reverse mortgages now less costly. If you are 62 or older and interested in a reverse mortgage you now have more choices as upfront fees have come down substantially and some lenders are eliminating them totally and even offering to pay some of the mortgage insurance premium fees up front. A reverse mortgage allows homeowners
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Here are some points to take into account when considering a Reverse Mortgage. What is a reverse mortgage: A reverse mortgage is a loan given to seniors on the equity in their home. It can be in one lump sum or several payments. In a conventional loan, amortized payments are made to the lender on
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The Los Angeles real estate market is in a correction mode right now. Is inventory low, in certain areas and prices ranges? It is, but overall, if someone really wants to buy a home they are going to find one. But gone are the days of homes coming on the market, receiving multiple offers, and
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You are ready to buy a Los Angeles home. You have talked to a lender and chosen your Los Angeles real estate agent. What comes next? Now you need to sit down with your agent and define your criteria. An area like Los Angeles gives you a large variety of options and you are going
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This is Part 1 in a series to help you understand the process of buying a home, specifically, getting ready to buy a home in Los Angeles: The Lender. Getting Ready to Buy a Home in Los Angeles Before you even start the process of buying a home in Los Angeles, maybe even before you find
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Not all real estate markets are created equal and there are mistakes buyers should avoid when purchasing a home in both a seller’s and buyer’s market. Seller’s Market What is a seller’s market? Generally a seller’s market in real estate is when the demand for homes outnumbers the available homes on the market. This is
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With inflation top of mind for everyone, Doug Greene of Signature Properties outlines five ways it can impact your plans to buy or sell real estate in 2022. Unless you’ve been living under a rock these past couple of years, you are probably seeing and feeling the real impacts of inflation. A staggering 8.6% change
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You have been trying to buy a home in Los Angeles for a long time now. How has it been going for you? Don’t answer that. I know. Depending on the area you are looking in or the type of home, either there is little or no inventory and huge competition or inventory is listed
How Can I Buy a Home in This Crazy Los Angeles Real Estate Market? Read More »
When you decide to launch a home-based business, you sometimes find the business concept quickly outgrows the home. You’re then faced with the decision of renting office space or a storefront, or of relocating to a bigger home. There are many advantages to moving up to a larger residence, including the tax benefits of home
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