Santa Maria Homes for Sale - Appraisal Info
A few years ago when home prices went through the roof, so many people in Santa Maria decided to refinance their mortgage home loans, to take out money and remodel their homes, since there was so much equity they figured why not? If you remember, it got to the point where people were cashing out hundreds and thousands of dollars for these changes, additions and upgrades. Nearly all of these productions required building permits but does not
Saturday, June 11, 2011
What I Need To Know Before I Buy A Condo
Okay here are some tips for you if you happen to be trying to qualify for any of the first time home buyer loans whether you are shopping in the Santa Maria real estate market or not. I bought my first home when I was 21 and before I bought my home I was actually looking at buying a Condo because condos were cheaper than homes. But the agent I was working with that was trying to sell me a Condo really told me nothing of value. Instead she was trying to appeal to the fact that I was
Thursday, June 9, 2011
How Do I Know If My Home Loan Is Recourse? What Is Recourse?
Your home may have had your home recently foreclosed on and part of the Santa Maria real estate market on a mortgage home loan that you were upside down on, and maybe you may be plain tired and frustrated and about to become another statistic, but what you need to know is your loan recourse or non recourse, and what does that mean?
This blog will be focused on what the difference is between a recourse and a non-recourse loan because there is a huge difference and most are not aware of the
This blog will be focused on what the difference is between a recourse and a non-recourse loan because there is a huge difference and most are not aware of the
Consequences Of Doing A Short Sale
There are consequences of doing a short sale whether it be in the Santa Maria real estate market or anywhere your home is located this because you owe more on your mortgage home loan than what your home happens to be worth at this time, this is when you are upside down. Don't get me wrong there are some benefits to a short sale as well, we are just going to touch a little bit about the dark side. Keep this quick and short and to the point.
If you read my last blog then you read
If you read my last blog then you read
Wednesday, June 8, 2011
Changes In Short Sale Rules
First there was HAMP the Home Affordable Modification Program, which sad to say was a flop, well now there is a new kid on the block which is HAFA, the Home Alternative Foreclosure Act this program went into effect April 05, 2010 and plans on staying around till Dec. 31, 2012. Now before you get all excited because maybe you are losing your home or know of someone that maybe losing their home, and before you jump to any conclusions about how this will save their home, keep reading. It
Tuesday, June 7, 2011
Santa Maria Homes For Sale For Less Than 150k
If you are looking for Santa Maria homes for sale less than 150k just click the link below, this link will time out after 30 days of posting so as of 06/07-2011 these are the homes currently available. If you like you can do your own search for homes anywhere from Paso To Buellton on the Central coast just click the Central Coast Homes for Sale. This list also has a few homes in the Guadalupe area that qualify for 100% financing NO MONEY DOWN BUT YOU DO HAVE TO PAY
Monday, June 6, 2011
Hard Truth On Getting A Loan Modification So Beware
Getting a loan modification on your home loan,,, just facts, whether your home is part of the Santa Maria real estate market or not but your mortgage home loan is delinquent.
I know that this is going to ruffle some feathers to some reading this. But I did not make up the numbers regarding the fraud coming from loan modifications they come from the California Department of Real Estate but I can say that it is in line what I have seen and it does seem to be predominant. There is always
I know that this is going to ruffle some feathers to some reading this. But I did not make up the numbers regarding the fraud coming from loan modifications they come from the California Department of Real Estate but I can say that it is in line what I have seen and it does seem to be predominant. There is always
How Much House Can I Afford
This is a question that I got the other day from someone trying to get first time home buyer loan and wanting to buy Santa Maria real estate.
Hey I had a few questions about buying a home. First off what kind of down payment is involved for a first time home buyer and what if your credit isn't all that great???
First I am going to start with the obvious and then do a little clarification that always seems to get some a little confused, on down payment and closing costs. So this
Hey I had a few questions about buying a home. First off what kind of down payment is involved for a first time home buyer and what if your credit isn't all that great???
First I am going to start with the obvious and then do a little clarification that always seems to get some a little confused, on down payment and closing costs. So this
Which Condos Will Qualify For FHA Financing?
Here is a Quick Tip, if you are ready to try to qualify for one of the many mortgage home loans available for first time home buyers but you are looking more into buying a condo vs. a home in the Santa Maria real estate market, because condo are usually cheaper. The thing is sometimes buying a condo can be tricky for some first time home buyers, because getting financing is not always easy. Some first time home buyers when they start to look to buy something they start taking a more
Wednesday, June 1, 2011
What You Should Expect From Your Real Estate Agent & Loan Officer
So what should you expect from a loan officer when you are trying to get mortgage home loan to buy some Santa Maria real estate, you should know whether you are just being put in a situation that will result in nothing but a roller coast ride for you, because someone has hopes on cashing in on a possible commission whether it be your loan officer or Real Estate agent. This is a continuation from "Why Your Loan Did Not Close?"
IN A PERFECT WORLD WHAT YOU SHOULD EXPECT FROM YOUR LOAN
IN A PERFECT WORLD WHAT YOU SHOULD EXPECT FROM YOUR LOAN
What Information Is In A Credit Report ?
When I get clients looking to buy a Santa maria home for sale and usually they are eager to qualify for one of the first time home buyer loans available. This is one of the first questions (what's your credit like?) I ask anyone wanting to buy a home whether you want to buy Santa Maria property or a home anywhere if your credit is not good enough its going to be tough to get that home. Today's blog is the first of a two part blog which I will be posting later this week. This blog
Tuesday, May 31, 2011
Tips To Buying A Home
If you are in the market to buy Santa Maria home for sale or looking to get a first time homebuyer loan this article might have some tips for you.
10 Strategic Get-Into-Escrow-Quickly Tips –especially for the 1st Time Homebuyers Tax Credit (edit/delete)
Via Barb Fischer (RD Brown Real Estate):
You still have time to take advantage of the 1st Time Homebuyers Tax Credit, but you’ve got to act quickly and strategically. You must close escrow by June 30th, 2010, which means you really
10 Strategic Get-Into-Escrow-Quickly Tips –especially for the 1st Time Homebuyers Tax Credit (edit/delete)
Via Barb Fischer (RD Brown Real Estate):
You still have time to take advantage of the 1st Time Homebuyers Tax Credit, but you’ve got to act quickly and strategically. You must close escrow by June 30th, 2010, which means you really
Santa Maria Homes For Sale For Less Than 200k As Of 05/31/11
If you are looking for Santa Maria homes for sale less than 190k down to 150k just click the link below this link will time out after 30 days of posting so as of 05/31-2011 these are homes currently available. If you like you can do your own search for homes anywhere from Paso To Buellton on the Central coast just click the Central Coast Homes for Sale. This list also has a few homes in the Guadalupe area that qualify for 100% financing NO MONEY DOWN BUT YOU DO HAVE TO
Monday, May 30, 2011
Qualifying For A Home Loan With Your Credit
If your goal this year is to finally purchase a home and if you happen to be looking at anyone of the Santa Maria Homes for Sale just a few things you need to know so you can qualify for a mortgage home loan which is going to be focused on your credit.
Today's blog is not going to be able to answer everything about credit but just give you enough information to hopefully give you something to work with and hopefully give you some idea of the things you may need to do to get your credit
Today's blog is not going to be able to answer everything about credit but just give you enough information to hopefully give you something to work with and hopefully give you some idea of the things you may need to do to get your credit
Sunday, May 29, 2011
Buying A Short Sale And The Process
Here is a great article on what this agent has picked up on when dealing with short sales. When It comes to the Santa Maria homes for sale and the mortgage home loans they are either foreclosures or short sales for the most part. If you happen to be the one that is thinking of doing a short sale there are some benefits to doing a short sale the most beneficial really is less impact on your credit. But some will argue that you may actually be better off financially in the long run in
Daddy Please Don't Do That Again
I came across this story and thought it was a pretty good story to share and if you do not have a particular faith but at least have some kind of belief that there is a higher power then I think you will still get something from this. It seems now more than ever that tons of people are going through some kind of hardship, and I hope that this story has the ability to lift your spirits
Please, Daddy, Don't Do That Again!
By Tim Wright
When my son was only about three years
Please, Daddy, Don't Do That Again!
By Tim Wright
When my son was only about three years
Saturday, May 28, 2011
How A Divorce Impacts A Mortgage
Today's blog is the second of a two part entry of how a divorce can have an affect on Santa Maria real estate and the home owners attempt to do a mortgage home loan, okay now on to part 2. Please do keep in mind to seek legal counsel and this is not a substitute, and this should be used as a guideline I have learned from my a comment on my previous blog that there are exceptions.
A Final Divorce Decree is required prior to closing a loan for the following reason (s):
1) The
A Final Divorce Decree is required prior to closing a loan for the following reason (s):
1) The
Friday, May 27, 2011
Divorce And A Mortgage What You Need To Know
Today's blog will be the first of a two part entry how divorce can affect the Santa Maria homes for sale. Please look for the second part later on this week.
Let me start off by saying, "If you are in the middle of getting a divorce, it has to be final before you can get a mortgage or refinance your existing mortgage". Divorce seems to be part of today's society whether you live here in Santa Maria, CA or anywhere on the Central Coast, basically just anywhere. With over half of all
Let me start off by saying, "If you are in the middle of getting a divorce, it has to be final before you can get a mortgage or refinance your existing mortgage". Divorce seems to be part of today's society whether you live here in Santa Maria, CA or anywhere on the Central Coast, basically just anywhere. With over half of all
How Banks Make More Money By Foreclosing On You
Right now there are countless of homeowners trying to get a loan modification including those in the Santa Maria real estate market sad to say that many mortgage home loans are delinquent and many are still hurting financially due to the economy. Believe it or not your bank, the bank that has your mortgage and all the other big banks as well that got bailed out, got a pretty good deal, now when you see this video keep in mind your local banks were not so fortunate that is why some of your
Thursday, May 26, 2011
How Many Foreclosures Being Sold In California
This is just a quick snap shot of the number of homes that are being foreclosed on and sold in California I may post another one on a more local level showing the Santa Maria homes for sale that are being sold as foreclosures in the Santa Maria real estate market but for now this overall picture can at least tell you how our state is doing.
Charts provided By: first tuesday Journal Online – firsttuesdayjournal.com
By ft Editorial Staff • Apr 28th, 2011 • Category:
Charts provided By: first tuesday Journal Online – firsttuesdayjournal.com
By ft Editorial Staff • Apr 28th, 2011 • Category:
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