Links to information related to home ownership and mortgages. Topics include “What is Title Insurance and Why do I need it?”, “Ways to hold title to a property”, “Property taxes and Proposition 8”, “Homestead Declaration” and more.
California Property Taxes – useful information and links to County Tax Assessor websites. Property taxes are typically paid in two installments, the first in the fall (usually before December 10th) and the second in the spring (usually before April 10th). Click on the link below to see the property tax calendar for California. Property Tax Calendar for California Here are … Read More
Is it really possible to get a mortgage and pay no points or closing costs? Yes and no . . . The reality is, you won’t pay any closing costs up front – but you will pay for them over time. In a no-cost mortgage, lenders charge a higher interest rate to compensate for the fact they’re not collecting any … Read More
Here’s an interesting article about the state of the economy and housing market – June 2013. Click this link to go to the article directly. Best Explanation on the Fake Housing Market Recovery I’ve Seen By Michael Lombardi | Business 2 Community – Sat, Jun 8, 2013 12:25 PM EDT The average American Joe isn’t participating … Read More
Here’s a great article about the come back of the Jumbo mortgage market, with a story about the typical problems we encounter in this brutal underwriting environment: Why the Jumbo Loan Market is Finally Thawing BY Julian Hebron, for Mortgage News Daily Oct 25 2012 Current housing recovery chatter centers around two main themes: slightly improving stats on home sales, … Read More
The wait may be over for homeowners who want to refinance but owe more on their mortgages than their homes are worth. Many borrowers are now able to refinance through HARP 2.0, a program that allows borrowers to refinance regardless of how deeply underwater they are. Our investors are still rolling this out, so we expect details to change. … Read More