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Self-Employed and Looking to Purchase Real Estate?

Self-Employed and Looking to Purchase Real Estate?

There are many benefits of self-employment, but some entrepreneurs are worried about how their income will qualify for a real estate purchase. We work with all kinds of self-employed home buyers, and everyone has their own set of circumstances. In today’s mortgage…

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How Does the New Tax Plan Affect Real Estate?

How Does the New Tax Plan Affect Real Estate?

A few weeks ago, I shared a video after the new tax bill came through and mentioned how the proposed changes could affect the real estate market. At the time, I promised to share more information as it became available. So, this…

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Is Now the Right Time to Buy a Home?

Is Now the Right Time to Buy a Home?

If you are thinking about purchasing a home, then you are probably asking the same question that we hear from so many people: is right now a good time to buy a home? No one has a solid answer for this question,…

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Is Now Still a Good Time to Buy Real Estate?

Is Now Still a Good Time to Buy Real Estate?

Since most real estate prices are elevated right now, many people are asking the same question: is it still a good time to buy real estate? Whether you are preparing to buy your first home or you feel like it is time…

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What is the Difference between a Jumbo Loan and Traditional Financing?

What is the Difference between a Jumbo Loan and Traditional Financing?

If you are working to secure financing to buy a home, then you need to be familiar with the different types of loans that are offered. Some people are scared of the term “jumbo loan” because they don’t understand what it means….

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FHA Lowers Mortgage Insurance Premiums!

FHA Lowers Mortgage Insurance Premiums!

The department of U.S. Housing and Urban Development (HUD) announced on Monday that they will reducing the premiums charged on FHA insured mortgages by a quarter of a percent (.25%). HUD secretary Julian Castro stated that four years of growth and the…

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California Association of Realtors 2017 Market Forecast

California Association of Realtors 2017 Market Forecast

According the 2017 California Housing Market Forecast, California’s housing market will post a nominal increase in 2017 as supply shortages and affordability constraints hamper market activity. The California Association of Realtors (CAR) forecasts a modest increase in existing home sales next year,…

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A Common Credit Roadblock to Home Financing

A Common Credit Roadblock to Home Financing

I think we all understand that credit and credit ratings are important.  Unfortunately, sometimes we all make financial decisions that might seem like a good idea initially, only to find out later that it lowered our credit score.  If you are looking…

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What’s Going to Happen with Interest Rates?

What’s Going to Happen with Interest Rates?

Nearly every day I get asked the question “What’s going to happen with interest rates?” The truthful answer is that no one can really predict when or if interest rates will go up or down. But I think it’s worth noting that…

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Freddie Mac Releases Mortgage Rate Forecast for 2016

Freddie Mac Releases Mortgage Rate Forecast for 2016

Government-owned Freddie Mac recently issued its mortgage rate forecast for 2016. This forecast comes from Freddie Mac’s broader report titled, “May 2015 U.S. Economic and Housing Market Outlook.” The report explains that according to Freddie Mac’s estimation, the average rate for a…

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Should You Refinance Your Home?

Should You Refinance Your Home?

During times when mortgage rates are at historically low levels – like right now – many homeowners ask themselves whether refinancing their loans would be a good idea. If you have a good credit score and reliable income, you may be able…

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FHA Home Loan Limits for 2015 Announced

FHA Home Loan Limits for 2015 Announced

Home buyers who are shopping for a home in the Temecula area should pay special attention to the new FHA loan limits for 2015. Just released last week, these new limits will apply to case numbers assigned on or after January 1,…

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Is a Mortgage Crisis Brewing?

Is a Mortgage Crisis Brewing?

Dick Bove, a noted banking analyst, is predicting a pending mortgage crises as we move towards the end of 2014. The reason? An end to “quantitative easing” meaning the Fed, which has been buying as much as $40 billion in mortgage backed…

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Foreclosure Scams Still Exist

Foreclosure Scams Still Exist

Unfortunately, many homeowners are still struggling with the possibility of foreclosure. And, where there are foreclosures, there are foreclosure modification scams. It is imperative to understand that these scams can only lead to more stress and problems for the homeowners and if…

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