Image by duane.schoon via Flickr Here are some tips to help determine which house is best for you so when the opportunity is right you may strike. Once you’ve settled on a couple of preferred neighborhoods for your home search, it’s time to pick out a few homes to view. Having a house features “wish [...]

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Image via Wikipedia This week’s C.A.R. Mortgage Update contains information about modifying FHA-insured loans; challenges condo buyers are having with obtaining approval on mortgages; the formation of a new consortium of lenders, brokers and mortgage-technology providers; a report on loan modifications; and current mortgage rates. Guidelines aim to help struggling borrowers The U.S. Dept. of [...]

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Image by Getty Images via Daylife We are writing to keep you informed of some revised federal guidelines that outline 10 things that appraisers must do or provide for all FHA appraisals done after April 1, 2009: 1. The Market Conditions Addendum (Fannie Form 1004MC/Freddie Form 71). 2. At least two (2) comparable sales within [...]

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Image via Wikipedia California lawmakers approved a new budget that included a $10,000 tax credit for home buyers, the largest home-buyer incentive ever offered in US history to date. Here’s what you need to know. The $10,000 tax credit is for any home buyers that purchase a new home between March 1, 2009 and March [...]

Filed under: Current Events, LA Area, Money-Saving, Mortgage, Real Estate Market, Relocating to LA, Tax Issues, West Hollywood | No Comments »

No matter the market, Visionary Agents will always believe that over time a home can be one of the most gratifying & practical investments you can make and among some new fundamentals in this market, you really have to make sure its affordable. By affordable we mean not only being able to meet the monthly mortgage payments & [...]

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