When it’s time to buy a house, many different types of loans are available, depending on your status: are you a first-time homebuyer, a California veteran, or planning to renovate? This week, I’ll highlight the pros and cons of a Federal Housing Administration (FHA) 203K loan. The FHA 203K loan is appropriate for those with … Read more
Real estate, like many industries, has a whole language of terms and definitions that make sense to those of us who live and breathe real estate, but that can leave homeowners in the dark. So I thought I’d shed a little light on the subject. Licensed Real Estate Agent – someone licensed by the California … Read more
How Can I Put Zero Cash Down And Still Buy a House? Sometimes people make enough money to pay a monthly mortgage payment, but just can’t seem to save up a down payment. If that’s the case, there’s still hope. Both the United States Department of Agriculture (USDA) and Federal Housing Authority (FHA) provide home … Read more
Would you like to receive a check from the bank to supplement your income after you turn 55 years old? If you own your own home, the equity in your home can become a source of income, and you don’t have to have any other income sources to qualify. I know it sounds too good … Read more
Like I mentioned last week, the market continues to be good for buyers. It’s so good, in fact, that I thought I’d dedicate a column to explaining why renters should consider buying right now. While I know numbers can turn a lot of people off, I think it’s important to use an example so you … Read more