fha: Please tell me you didn't add Solar!
- 07/17/16 09:02 AM
It seems like our nation is falling in line for savings on Solar Energy. This all seems well and good as the savings can be incredible. There is a major flaw in these programs that are either not explained or the ramifications are not comprehended by the consumer. It may well be true that at the present time the savings are good and ever perhaps great and in 90 or 100 degree heat keeping the home as cool as 73 degrees for a low cost during the hot times of the year if fun and enjoyable. The flaw in the ointment is … (4 comments)
fha: A New Tormorrow is here Today!
- 04/25/15 02:28 PM
Stability has returned to the real estate market as homes continue to be listed and sold in a timely manner. Interest Rates remain extremely low and FHA loans have lowered their PMI. Stated Income Loans are also back. There are many home owners that have avoided going into foreclosure as home values are now rising to levels unseen since the collapse in October of 2008. Keep in mind that approximately 10% of homes will be listed for sale during a hot real estate market and the 7 years in which the market was stagnant and you'll get a good idea of what … (2 comments)
fha: There are reasons that renting may be better than owning for you!
- 05/26/14 02:34 PM
Reasons to Rent: Can't qualify for a loan due to credit rating, bankruptcy or too recent of a short sale. Not enough funds for a down payment. Uncertainty of future employment. Not enough years a present job. Prefer to live in a better home that is affordable with the monthly payment you can afford. Not wanting to live in the homes that are affordable. Retired and prefer to live on the money in the bank rather than have it tied up in the home. Don't want the responsibility that comes with home ownership such as maintenance, paying property tax & HOA Fees. … (0 comments)
WASHINGTON — Can you be charged interest on your mortgage even after you've fully paid it off? Can the meter keep running when you owe the bank nothing — your principal balance is zero? Surprise! Much to the chagrin of large numbers of home sellers and refinancers, the answer for years has been yes. If your loan was insured by the Federal Housing Administration and you paid it off before maturity, at closing you'd be expected to cough up a full month's interest, no matter what day of … (4 comments)
fha: FHA Spot Approval coming back?
- 04/14/14 01:08 AM
Good news for Realtors, lenders and condominium unit owners who’ve been frustrated by FHA’s prohibition of “spot loans” in developments that haven’t obtained certification: The agency is now seriously exploring how to relax its ban and bring them back. Officials are mum on the details and timing, but they confirmed to me on Friday that reviving this key financing option is now under active study. The main reason: FHA is under growing political and trade group pressure — NAR and the Community Associations Institute especially — to do so.
Source - Inman News - Ken Harney - Contributer.
This would … (0 comments)
fha: Depressing Letter I had to write to a Veteran
- 03/03/13 02:04 AM
Dear Veteran, Thank you for your service to our Country! Your hope to purchase your new home with a V. A. Loan is going to be futile at this time in most cases. You see, the best priced and located homes are receiving many offers. Most homes are selling at a price that is well above the current market value so the buyers with All Cash Offers or Conventional Loans are winning these bids. VA & FHA Loans are not even being considered in most sales because the buyers don't usually have extra funds to pay for the price in … (1 comments)
fha: What a buyer needs to know about changes in securing financing!
- 01/25/10 05:52 PM
The real estate market has heated up! Buyers looking to take advantage of the tax credit are out searching for a home earlier this year as the traditional buying season usually begins around late Winter and early Spring. Waiting could too long could cost a buyer not only money but prevent them from being to buy a home at all. The FHA will soon be tightening up their qualifications to get a loan as well as increase the cost of the financing! There is good news though! It appears that the low 3.5% down payment will remain but the seller will … (0 comments)
fha: June News Letter! Get off the Fence, Buy a home today!!!
- 06/01/09 06:08 PM
Dear Potential Home Buyer, There are currently 178 Single Family Detached homes priced under $400,000 for sale in the Santa Clarita Valley! Qualified 1st time buyers get $8,000 Tax Credit if buying before December 1 ‘09 Chances are the $8,000 may be used as a down payment soon. Home Prices have dropped nearly 45% in the past 3 years. Interest Rates are extremely low - Below 5% in many cases! FHA Financing allows a buyer to buy with as little as 3.5% down payment! Buyers can ask to have the closing costs paid for them! Example of buying a home at … (0 comments)
Real Estate in my opinion. The idea of this blog is to communicate the current state of real estate and home sales and listing information as it relates to residents of Valencia, Stevenson Ranch, Saugus, Castaic, Newhall, Canyon Country, the Santa Clarita Valley and Santa Clarita, California. This information will help people in Los Angeles, Los Angeles County and the state of California to see how homes and real estate is progressing in one of Southern California's premier communities!
It seems like our nation is falling in line for savings on Solar Energy. This all seems well and good as the savings can be incredible. There is a major flaw in these programs that are either not explained or the ramifications are not comprehended by the consumer. It may well be true that at the present time the savings are good and ever perhaps great and in 90 or 100 degree heat keeping the home as cool as 73 degrees for a low cost during the hot times of the year if fun and enjoyable.
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