Below is an infographic that provides a clear visual about buying a home in California. The next step is to find out: How Much you qualify for (determined by your debt-to-income ratio) How much qualifying income you have What credit score is needed (and what your mortgage credit score is) What to expect for in [...]
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If planning to buy a home in California, you should consider these eight ways of how to use of your tax refund before blowing that money at the casino. FACT: Using your IRS tax refund for a down payment on a home or to pay closing costs is allowable and an acceptable source of funds [...]
Inland Empire California Home buyers who were frantically making offers on homes but missed the $8,000 federal home buyer tax credit deadline on April 30 may be happy they did miss it.
California’s military Armed Forces received an extension for both the $8000 first time home buyer and $6500 repeat/move-up home buyer tax credit. Combine this with a VA $0 down payment home loan and the you could purchase a home with literally nothing out of pocket.
The biggest benefits to owning a home in the Inland Empire may not be the tax deduction, Home Appreciation, Payment Stability, or even Feedom of Ownership. I think it could be the memories that are made. What do you think?
While many experienced real estate agents have a general understanding of the mortgage approval process, there are a few important details that frequently get overlooked which may cause a purchase to be delayed or denied. New regulation, updated disclosures, appraisal guidelines, mortgage rate pricing premiums, credit score, secondary approval layering, rescission deadlines, property type, HOA [...]
Hey, I gave my real estate agent a $5000 Earnest Money Deposit check… Where does that money go? A basic and very obvious question that most First-Time home Buyers ask once their purchase contract gets accepted. According to Wikipedia: Earnest Money – an earnest payment (sometimes called earnest money or simply earnest, or alternatively a [...]
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