Real estate blog entries tagged with financed by John Occhi, ePRO, Temecula - Murrieta CA Real Estate, 951-443-6259 (Exit Twin Advantage Realty)

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Home : Blogs : John Occhi, ePRO, Temecula - Murrieta CA Real Estate, 951-443-6259 : John Occhi's Real Estate Blog - Focused on the The Temecula & Murrieta Valleys : Tag "financed"

financed: San Jacinto, CA MARKET REPORT: SOLDS | 6/21/2009 - 7/20/2009 | VA LOANS in the MARKET - 09/08/09 01:19 PM

The last segment of the market that we will look at for this report on the homes sold in San Jacinto, CA during the period of 6/21/2009 - 7/20/2009 are for the homes that were financed with a loan for our veterans - either VA or CalVet. These loans are unique in that the Veteran is not suppose to use any of their own money to buy the home - and that includes closing costs.VA Loans are a very small section of the market - the 5 VA Loans that closed escrow during this period in San Jacinto only amount to … (1 comments)

financed: San Jacinto, CA MARKET REPORT: SOLDS | 6/21/2009 - 7/20/2009 | FHA LOANS in the MARKET - 09/08/09 12:47 PM

In San Jacinto CA, as throughout the rest of South West Riverside County and the Inland Empire region of Southern California the most popular way to finance a home purchase today is with an FHA Loan that only requires a 3.5% down payment and must be owner occupied.Homes purchased with FHA Loans represent 44.5% of the Total residential homes sold in San Jacinto with 49 of the 110 residential real estate transactions during the period of June 21st, 2009 through July 20th, 2009.There are several differences between the homes purchased with the popular FHA Loans and other types of financing.First off, … (0 comments)

financed: San Jacinto, CA MARKET REPORT: SOLDS | 6/21/2009 - 7/20/2009 | CONVENTIONAL LOANS in the Market - 09/08/09 12:12 PM

Conventional loans typically require the borrower to have a larger down payment that government type of loans, such as FHA or VA. Conventional loan down payments in San Jacinto CA from the period of June 21st, 2009 through July 20th, 2009 accounted for 22.7%, or 25 residential homes for sale, closed escrow.Aside from the amount of down payment a borrower must put down on a Conventional Loan, there is not a requirement for the borrower to live in the home. Therefore a conventional loan is a common way for an investor to finance their real estate investment property in San Jacinto, … (0 comments)

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