Buying a Partner Out of a House
The most likely reasons for needing (or wanting) to buy out a partner or co-owner of a home are due to divorce or inherited property, but of course, other situations can arise. Most people do not have the cash on hand to simply buy the other out; or even if they do...CalHFA Dream For All Program Launching in April
Phase 1 of CalHFA’s Dream for All program, which launched in March 2023, was in such high demand that the allocated funds of $300MM were all accounted for within 11 days, per KQED. The program helped 2,182 new homeowners purchase a home, with 55%...What NOT to do After You Apply for a Mortgage
This flyer has been posted on my blog since its inception in 2018, but I have just updated it to be a little more relevant. In the previous version, I recommended not packing away your checkbook, but that hardly seems relevant these days, in addition to title...Down Payment Assistance Options – Today’s Highlight: Housing Trust Silicon Valley (HTSV):
Housing Trust Silicon Valley (HTSV) is a Community Development Financial Institution (CDFI) that helps Silicon Valley residents secure down payment assistance to purchase their first home as their primary residence. HTSV has two programs with different features and...DOWN PAYMENT ASSISTANCE OPTIONS – Today’s Highlight: California Housing Finance Agency (CalHFA)
Did you know that there are some lenders and organizations that offer down payment assistance (DPA) programs? Most require you to be a first time homebuyer and they stipulate maximum income limitations per county and/or household size. But there can be some great...Freezing Your Credit Report
‘Tis the season for hot cocoa, holiday parties, and Christmas shopping! It is also the season that we are more susceptible to fraud and identity theft. Monitoring your credit is key, and one additional thing you can do is to freeze your credit. What this means...Breaking News: Increased Conforming Loan Limits!
Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pinterest (Opens in new window)Click to print...The “Buy Before You Sell” Program
I have mentioned the Buy Before You Sell program in a previous blog that reviews options homeowners may have in purchasing a new home prior to selling their existing. This program is one of those options, and I would like to delve into it a little more. It may not...Back to Basics: What Makes Up A Housing Payment?
When you buy a home, your base payment responsibilities are (1) Mortgage payment, (2) Property Taxes, and (3) Homeowners Insurance. You may see some mortgage professionals refer to this as PITI (Principal Interest Taxes Insurance). However, your payment...Loan Calculator
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