Great home buyer assistance program

April 17, 2011

You’ve read it in the paper and seen it on TV. There has never been a better time to buy your own Long Beach area home than now. But many people will miss out on the American dream because they don’t have enough money for the down payment. Fannie Mae offers 3.5% in closing cost [...]

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Foreclosure Myth #1

April 5, 2011

After you have lost your home to foreclosure, it is still possible to buy another home, but it will take time often from 3-7 years.  Inportant factors are your credit score, down payment amount, income, and how long ago the foreclosure was. Short sales may make it easier to buy another home sooner as well. Watch this [...]

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Belmont Heights in Long Beach Market Update January 22nd, 2011

January 22, 2011

Belmont Heights area Single Family homes 31 homes are currently listed 4 homes taking only back up offers 6 homes are in escrow 10 of these are short sales 3 are bank owned Current market is 32% distressed 42 Single family homes have sold in the past 6 months 6 of those were short sales [...]

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Home buyers: Should you steer clear of that short sale?

December 13, 2010

So you are looking to buy a home. In today’s market you have a choice of bank foreclosures, regular sales, and short sales. While bank foreclosures are still a big part of the market, right now a large number of homes on the market are short sales. Many realtors advise buyers to steer clear of [...]

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Condo budgets can lead to higher dues for owners and loan problems for buyers

November 18, 2010

When buying a condo, homeowners association dues are always a personal budget consideration. In Long Beach HOA dues amounts can vary a great deal. Around November is usually the time when condo owners get their annual budgets in mail and some condos owners may see increases and some may see no increases in their monthly dues. [...]

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