Los Angeles & Ventura Counties Real Estate & Mortgage News & Info

Recently, I came across a couple of posts about working with investors.  The first one was by Tara Phelps who defended the interests of investors.  Tara complained of the unjust reputation that smart, savvy investors like herself get because of those "investors" that were nothing more than a bunc...

In Part 1, Part 2 and Part 3, I discussed the trials and tribulations of getting financing for a condo purchase, the problems with verifying a borrower's employment as well as the type of documentation needed for and FHA loan application and how none of this has to be a secret to anyone else in t...

In the quiet, residential area of Panorama City, this home is located in the family-friendly community of Tupper Tobias Village.  Built in 2001, this fully detached PUD home offers 4bd/3ba has nearly 1,700 sq. ft. of living space and at $49 a month, has the lowest HOA in the area.  Don't worry ab...

Earlier this year, Fannie Mae rolled out their new program "First Look" in an effort to support neighborhood stabilization and buyers using down payment assistance (dpa) funds to purchase their first home.  With First Look, only offers from owner occupants and buyers using public funds are consid...

I subscribe to the daily webcasts of Think Big, Work Small (TBWS), which is hosted by Brian Stevens & Frank Garay.  TBWS was founded a couple of years ago by a bunch of real estate and mortgage people who wanted to teach others in the business how to work smarter to grow their business. Today's v...

Recently, I was attending a social function, lots of mingling and partying as well as all the requisite talk of jobs and careers, the economy, politics and the real estate/housing market.  Eventually, the discussion led to social media, blogging and all the social media sites for all the various ...

A few months ago, I posted that the Los Angeles Housing Department (LAHD) was making some changes to their Neighborhood Stabilization Program (NSP) by utilizing their NSP funds to purchase and rehab foreclosed properties in NSP eligible areas. ATTENTION LOS ANGELES COUNTY FIRST TIME BUYERS: Stop...

MONTEBELLO, CA - The name, Montebello, which means beautiful hill in both Italian and Spanish, was originally an agricultural community.  However, with the discovery of oil by Standard Oil Company, it brought about a revolutionary change and the agricultural hills soon became a major contributor...