2018

New Freddie Mac Guidelines Regarding Credit History, Authorized Users and Mortgage Approval

Gene Mundt, Il/WI mortgage originator teaches us about the importance of building our own credit history. New Freddie Mac Guidelines Regarding Credit History, Authorized Users and Mortgage Approval Recently, Freddie Mac updated their underwriting guidelines, via its “Bulletin” from September 19, 2018 … One of the key points documented in this Freddie Mac Bulletin related to Credit Reporting […]

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Handling a Major Vacancy: Tips for Investment Property Owners

By David Crown, Los Angeles Property Management Group The Challenge Architect and commercial property owner Eric Luk had a decision to make in 2017. His five-building commercial complex West Main Place Medical and Professional Plaza was about to lose a major tenant occupying roughly fifteen percent of the complex’s leasable units. In the face of

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Is Los Angeles Area Housing Affordability Affecting Home Sales?

We have all heard about rising housing prices, especially in California, so is the lack of affordability affecting home sales? (Check out the median price and # of sold listings in selected areas for single family homes) Several factors may be contributing to the drop in sales including the volatility of interest rates, and lack

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First-time homebuyer programs in Los Angeles – Curbed LAbuyin

First-time Los Angeles homebuyers don’t despair. There are options for you to qualify for that loan. These loans do cover condominium units but only in buildings that are approved by the Federal Housing Administration. You can check out if a building you may be interested in qualifies. Source: First-time homebuyer programs in Los Angeles –

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