Buyer Strategy
How to buy without getting bulldozed. Playbooks for first-timers, move-up buyers, and skeptics.
70% Of Buyers Are Unaware Of Down Payment Assistance Programs
This is actually nothing new. Down payment assistance programs have been around a long time and very few people take advantage of them. What is new is how many programs there are at the local…
Low down payments make a comeback
Borrowers who have steady income and good credit, but not much money in the bank, will find that it recently became easier to buy a home. By Mark Fahey @CNNMoney Down payment requirements, which…
What FHA and VA Buyers Need To Know
Thanks to some of my wonderful news clients that are FHA approved home buyer’s, the topic of finding an “attached” home, aka; Condo or Townhome, came up recently. I figured that if they had…
New Rule Saves FHA Borrowers Hundreds of $
Last week I wrote about the recent announcement that FHA would be lowering the MI premiums, it’s simply icing on the cake to hear the most recent news. (click here to see that video / article)…
Tax Filing Strategy #3 – No Strategic Tax Filing Allowed
Last year at this time a client of mine who’s family was growing wanted to purchase a bigger home. This client was a business owner and like every dutiful business owner should do he wrote off…
San Diego Restaurant Week Is Here
One of my favorite events, San Diego Restaurant Week, is back and there are more restaurants then ever before participating in the event. If you can’t decide which restaurant to eat at take a look…
Tax Filing Strategy #2 – Every Ex Self-Employed Person Must Know This
Every year hundreds of thousands of small businesses are created. This also means many will be dissolved and close their doors for good. For anyone who is trying to buy or refinance a home and…
2015 Interest Rate Predictions – and then some
2015 Interest Rate Predictions are a funny thing. As with any prediction the truth will come so far down the road that most of the talking heads will be on to a new subject by then. The accuracy…
Tax Filing Strategy #1 – Boarder Income
Even though this past Friday was the first official business day of the year today is the first day everyone is back to work, back to school, and back to the routine. My gym was busy this morning…
You Can Still Close This Year!
That’s right, whether looking to purchase or refinance you can still close this year. Every December there is a mad dash to get across the finish line by the 31st. And it isn’t just buyers and…
New 2015 Loan Limits could affect millions
The new 2015 Loan Limits could affect millions of homeowners, and they might not even know why. But before we get to why, let’s talk about what… What are loan limits? In this case, we’re talking…
All I Want For Christmas Are No Mortgage Payments
All I Want For Christmas Are No Mortgage Payments should be the name of a Christmas carol. And we need some new carols because I don’t think a new one has been written since Perry Farrel and the…
Great News For Borrowers
We are half way through the 4th quarter of 2014 and it looks like mortgage lending will finish the year off strong. Some of the great news for borrowers to celebrate includes that fact that cash…
DIY Home Buying, Is It Cheaper?
I think it’s a common misconception that if you If you buy your home on your own, it’s going to save you money. DIY Home buying, is it cheaper? The answer is very likely “no.” On the mortgage…
Derek Jeter Is Gone – Any Reasons To Keep Living?
Is the economic recovery real? 3 stats to watch By Patrick Gillespie @CNNMoney What everyone wants to know is if the economy is truly better. Is this recovery “for real”? There is so much data on…
Purchase HELOCs, 80/10/10’s, Why buyers Must know about these
This week I want to highlight a program that’s making a come back. Not many lenders have it anymore, but we do. We’re talking about Purchase HELOCS or 80/10/10’s. If you’re a buyer in a jumbo loan…
Breaking News! Private Mortgage Insurance Has Been Effectively Eliminated
There are many phrases in life that when uttered immediately evoke a fearful response. Phrases like “last call”, “consult your doctor”, “I need to talk to you”, and “you’re the father”. “Private…
How much of a down payment do you need? Less than you might think.
Looking to get your foot in the door (of your new home)? If you’re a renter who’s tired of paying someone else’s mortgage, now may be the time to pursue the American dream of homeownership. In…
Beat The Heat
If you are like the rest of everyone in this beautiful city of ours, you’ve been sweltering in this current heat wave. Most San Diego homes west of the 15 were not built with air conditioning, so…
Are We In A Buyers Market?
Are we in a buyers market? I know it’s hard to imagine since it seems like forever since those words have been uttered. The relentless competition out there for every home listed for sale makes it…
Occupancy Rates For Condos
When shopping for a Condo there are several things you must look out for, so that your lender will not reject your loan. One of the most common obstacles is the Occupancy Rates for Condos. This is…
HUD Mortgage Insurance Reductions
HUD mortgage insurance reductions will be rolling out this fall and as a person who currently has an FHA loan and pays a hefty MI premium every month I know I’m interested to see if I qualify for…
Shark Week!
Shark week has come and gone for 2014 and thankfully here in San Diego we all still have our limbs intact. Other enhancements to our well-being are in the home-loan lending world as lenders are…
Good News! Waiting Period for Discharged Mortgage Debt Reduced
Effective Immediately: If a mortgage debt has been discharged through bankruptcy, even if a foreclosure action is subsequently completed to reclaim the property in satisfaction of the debt, the…
Move from reading to doing.
Book a consult with the GreenHouse Group.