What’s Happening to Home Prices in 2017?

The median sales price of homes steadily increased throughout 2016 and into 2017. This of course was no surprise, as I discussed about a year ago. What would be a surprise though (at least to me) is if prices continued to increase into 2018. So what happens next? Let us speculate… First, I just need […]

FHA Loans vs. Conventional

What is an FHA Loan An FHA loan is simply a loan that is insured by the Federal Housing Administration (“FHA”). Basically, the FHA promises lenders that if they make loans to borrowers according to certain guidelines, then FHA will guarantee the loan. So, if the borrower defaults on the loan, FHA will reimburse the […]

What is the Federal Housing Administration

What is FHA? FHA stands for the Federal Housing Administration. It is a government organization that provides insurance on loans to protect FHA approved lenders. Because FHA helps reduce the risk to lenders, they are willing to make loans to people that they may have otherwise not been willing to. Lower credit and income requirements mean […]

How Buying a House Will Save You Money on Your TAXES

Tax Benefits of Buying a House Have you ever had someone tell you that you need to own your own home. Maybe it was your parents, grandparents, or financial adviser that came to you and said that you are losing out by not buying. Well, they are probably right. Of course, there are both pros […]

6 Real Estate Title Issues

Common Title Prolems in Real Estate Title issues are not uncommon in real estate, and if you are not careful they can often cost you a lot of time, stress and money. Just defining what title means for a certain property can be complicated, but there are a wide variety of other factors that can have […]

OC Closing Costs: Who Pays, and How Much?

  What are Closing Costs When it comes to real estate, there are costs to doing business beyond just your down payment. There are appraisals, inspections, lender fees, possible repairs, and more. But, whether it’s from due diligence or financing, you are best served to know what your closing costs are going to be early on, […]

How to Buy and Sell Your House at the Same Time

Steps to Buy and Sell Simultaneously Buying a new home while simultaneously selling your previous home can be a daunting task rife with anxiety. Luckily, I’ve outlined the process for you here so you can maneuver your way through it unscathed. Planning and timing are the keys to getting this right. 1. Find out what you […]