If you have ever taken out an FHA loan it is possible HUD owes your a refund. HUD has been attempted to identify people owed a refund on an old FHA loan and you may qualify for one. Maybe there was money due from an impound account, but after close of escrow you moved and […]
HUD May Owe You a Refund on Your FHA Loan Read More »
In today’s real estate market many Los Angeles homeowners needing to sell because of relocation or having sold to downsize, and finding their home slow to sell and vacant should look into their homeowners policy and the vacancy protection option. Leaving your home unoccupied can cause you to be denied coverage should something happen for
Check your Los Angeles Homeowners Policy and Consider Vacancy Protection Read More »
A recent news story tells of National Guard commander who served in Iraq last year received an urgent call from his wife while there telling him that their Homeowner Association had foreclosed on their paid for $300.000 home because she had missed two payments. Yes, only two payments. And, someone taking advantage of this bought
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Reverse mortgages now less costly. If you are 62 or older and interested in a reverse mortgage you now have more choices as upfront fees have come down substantially and some lenders are eliminating them totally and even offering to pay some of the mortgage insurance premium fees up front. A reverse mortgage allows homeowners
Reverse Mortgages Now Less Costly Read More »
If you are thinking of buying a home in Los Angeles now is the time to buy. The California first time home buyers tax credit is due to run out soon. The new home buyers credit will last longer. If you have tried to file and found the fax lines busy the Franchise Tax Board
Buying a Home in Los Angeles – California Home Buyers Tax Credit Will Run Out Soon Read More »
More signs that the City of Los Angeles is broke. They are considering ending the policy of repairing driveways and sidewalks. The burden will then fall on homeowners and with lawsuits totaling anywhere from $3 to $5 million a year in defense of trips and falls, homeowners who do not take care of these hazards
Los Angeles Could Stop Paying for Driveway and Sidewalk Repairs Read More »
Buying a Foreclosure in Los Angeles is not an easy process and not for the faint of heart. There are three stages of buying: Pre-foreclosure: This is when the home is in the process of being foreclosed on but has not been sent to the auctioneer’s table. This kind of sale is a short sale
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This post is courtesy of Bill Ladewig, a mortgage broker who specializes in FHA, VA loans. Buyers should educate themselves on the revised Good Faith Estimate (GFE) due to come into effect in January. The revised GFE is another failed attempt to protect consumers, The problem is, consumers cannot be protected with forms because those
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The Los Angeles area provides many neighborhoods which are populated by all ages and types of young adults. Young people are attracted to the culture, diversity, night life and entertainment venues as well as the interaction with people in their age range. Los Angeles encompasses many miles of cities which are heavily populated by this
If you are a a member of the California Public Employees Retirement System, Legislators Retirement System, Judges Retirement System, or employee of a California school district, school or community College or a public employee the CalPERS and CalSTRS loans allow you to purchase a home with little money down and affordable rates and fees. CalPERS
