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New FHA Condo Rules

FHA Condo Rules Modified | More condos to be approved for FHA loans

Over the holidays FHA Condo rules were modified! Changes were made to condo policies making it easier for condos to be approved for FHA loans. The main FHA condo rules modified are: •Redefining “owner occupied,” streamlining the recertification process for Condo developments. Properties that aren’t strictly investor properties, such as second homes, will now be …

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NEW FHA GUIDELINES | See the major changes that can affect your purchase loan

New FHA Guidelines On September 14 FHA issued a new handbook for FHA mortgages. You can download the new guidelines here. Some of the major changes are listed here below: Tax Liens ( Improvement):  Tax liens may remain unpaid if the borrower has entered into a valid repayment agreement and has made at least 3 …

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Congratulations Ali on your new Laguna Hills Home!

Thank you for your trust Ali! It was a pleasure assisting you with your purchase of your new Laguna Hills home! Another Successful Closing! Enjoy your new home! GORGEOUS ASPEN CREEK LAGUNA HILLS HOME FEATURES 3 BED 2 BATH 2 CAR GARAGE WITH GATED ENTRY AND COURT YARD OPEN FLOOR PLAN,VAULTED CEILING AND COZY FIRE …

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3% Down Mortgages from Freddie Mac Announced!

3% Down Mortgages from Freddie Mac have been announced! From Freddie Mac Blog December 8, 2014 Today Freddie Mac launched Home Possible AdvantageSM, a new affordable mortgage with a down payment option as low as 3%. Here are the answers to your top questions: Who is this mortgage for? The Home Possible Advantage mortgage is …

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10 Mistakes Buyers Make When Buying A Home

10 Mistakes Buyers Make When Buying A Home   Buying and selling real estate are major events.  When buying a home emotions can run high and it’s important to hire a professional to guide you and point out the pitfalls. These are 10 of the biggest mistakes people make when buying real estate. Mistakes buyers …

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Video: How to Search HUD Homes |Tips & Tricks

How to search HUD homes using www.HUDHomeStore.com. Watch our video to see  a step-by-step tutorial on how to search HUD homes while using www.HUDHomeStore.com. First, visit the website and go to the top right corner to register as a public user. This will allow you to save your favorite properties and return to continue your search. …

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Join Us March 10th at Pomona Home and Garden Show | HUD Homebuyer Education

  Join us! Our next HUD Homebuyer Education Event will be at: Pomona Home and Garden Show -Booth 282 1101 W McKinley Ave, Pomona, CA 91769 March 10, 3:30-6pm PLEASE VISIT US! We will be at the booth speaking to attendees about HUD Home-buying opportunities! We offer “HUD Homebuyer Education” for buyers interested on puchasing HUD Homes. Please …

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Orange County Walkable Neighborhoods | Understanding Walkability Scores

Orange County walkable neighborhoods have walkability scores. Here are some keys to understanding walkability scores. What is a walkability score? All Orange County walkable neighborhoods will have what is called a walkability score. These scores can range from 0-100 and they indicate how accessible local amenities are for residents who want to accomplish most errands …

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Cash home sales in California set record | A reason to buy CA HUD Homes in Orange County

Cash home sales in California set a record high! Another great reason to buy HUD Homes for Sale in Orange County. In the article below Housingwire explains that cash home sales in California hit a record high due to investor activity. HUD Homes are marketed to owner occupied buyers. All insurable ( qualify for FHA financing) HUD …

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Reduced! $649,900 Capo Beach over 3,000 Sq Ft Home 3 bed +Den!

34462 Calle Portola DANA POINT, CA Huge Bedrooms and Spacious floorplan! Enjoy this terrific spacious home in highly desirable Capo Beach. Located steps from the park and very short distance to the beach, this home boasts 3 huge bedrooms upstairs with a large den downstairs complete with fireplace and built ins. New carpet and new …

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