South Lake Tahoe Buyers Beware: What you need to know about loan quotes…
March 4, 2010
There are so many changes in rules and regulations these days to try and stop predatory lending habits. One of the revised changes was to make the good faith estimate provided to potential purchasers, easier to comprehend.
Click here to read a great article written by LA Times that helps you to understand how some lenders are still skating around the regulation and what you should expect from a GOOD lender.
As always, we are happy to provide references to a list of great lenders and mortgage brokers if you would like a referral to someone who is trustworthy, diligent and ethical. Every lender on our list, we have worked with and been very happy with.
Happy Shopping!
FHA guidelines to change–what you need to know:
February 10, 2010
Have you been considering purchasing a home on an FHA loan?
Well you might want to talk to your lender again to make sure you still qualify and that you are still happy with what you will be getting.
The credit score minimum is going up and the insurance premiums are raising. Click here to check out an article that was on realtytrac.com that breaks down how this might affect you.
Fannie Mae & Freddie Mac & Potential Effects to CA Real Estate
September 9, 2008
A lot of speculation is circulating in regards to the effects of the bailout of Fannie Mae & Freddie Mac. How does this effect the real estate market? Does it indicate more trouble down the road for the housing industry? Is it going to make things smoother for homebuyers?
The below articles provide some good insight on what is occurring and some interesting predictions on the housing market in the future.
Check out these links for some expert advice on what is occurring and why you should be watching it closely if you are a potential homebuyer or home seller:
California Association of Realtors video on why it matters to you
Wall Street Journal article that summed it up best, in my opinion
