by Irene Moustakas | Oct 13, 2010 | Uncategorized
If you are purchasing or refinancing, one of the biggest components to getting approved for your loan is the appraisal. For some, equity is a non-issue, but for others, the appraisal can make or break the deal. When the home’s appraised value comes in lower than...
by Irene Moustakas | Sep 24, 2010 | Uncategorized
This blog post is a contribution by my friend and interior-designer extraordinaire Kathy Sturr. Check out her website Inside-Out Designs and subscribe to her blog. She has amazing insight and tips! Here’s what Kathy has to say about preparing for Fall with...
by Irene Moustakas | Sep 20, 2010 | Uncategorized
In California, your property taxes are based on 1.25% of the purchase price at which you bought your home. For example, if you buy a $500,000 home, your annual taxes will be $6250, or $520.83 monthly. They can and will increase based on certain limits instituted by...
by Irene Moustakas | Aug 19, 2010 | Uncategorized
It was only a few months ago that HUD increased FHA’s Upfront Mortgage Insurance Premium (UFMIP) from 1.75% to 2.25%. HUD will now decrease the UFMIP down to 1.0%, but will increase the monthly mortgage insurance amount from .55% to .90%. Let’s see how this truly pans...
by Irene Moustakas | Jul 3, 2010 | Uncategorized
Have a happy and safe 4th of July! The markets will be closed on Monday, July 5th, as will Granite Financial. Celebrate well and safely. Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on...
by Irene Moustakas | Nov 26, 2009 | Uncategorized
Have a special Thanksgiving holiday with your friends and families! The bond market is closed today and tomorrow it will close early. Most lenders will be closed until Monday, so interest rates will not be issued until then. I appreciate your loyalty and readership...