The Fannie Mae Homestyle Loan Explained For Los Angeles Home Buyers

The Fannie Mae HomeStyle Renovation Mortgage is intended to assist home buyers in purchasing a home that needs work, often first-time home buyers. Basically, this kind of mortgage allows a home buyer to bundle the costs of buying with the remodeling/renovation expenses and make only a single monthly mortgage payment. These mortgages were also created, according … Continued

5 Signs of A Knowledgeable Buyers Agent in Los Angeles

You want to buy a house so you go to your favorite social media site and ask friends and family for recommendations. Within minutes, you have been tagged with 50 potential buyer’s agents that are just “absolutely wonderful.” But what does that mean? Not every agent is great and the last thing you want is … Continued

How Much Can You Really Afford To Pay For A House in Los Angeles?

Very often, people buy houses without first knowing what they can really afford – often a costly, life-impacting oversight. Qualifying for a $250,00 mortgage doesn’t mean that you can actually afford that much house. How much you can really afford to pay for a house in Los Angeles is determined by a lot more than … Continued

How Appraisers Determine the Value of Los Angeles Properties

When you buy a home, your lender will require an appraisal, and even if you’re paying cash, you should have an appraisal done to make sure you’re not overpaying. It’s a good idea, then, to know how appraisers determine the value of Los Angeles properties. An appraisal is an unbiased (supposedly) estimate of what the … Continued

5 Questions To Ask Your Agent When Viewing A Home in Los Angeles

Buying a home, especially making an offer and negotiating, is a lot like playing a game of poker – a very high-stakes game of poker. For, as with a poker game, there’s a lot of psychological maneuvering involved, and the more you can discover and know about the other players, the better off you’ll be. … Continued

How To Negotiate The Best Price For A Los Angeles House

Once you’ve found the perfect Los Angeles house – one that meets all your search criteria: location, features, price range, and so on – you still have one major purchase hurdle remaining. And that is figuring out what to offer for it. You don’t, of course, want to offer more than you have to, but … Continued

5 Tips for First Time Buyers in Los Angeles!

Buying a home for the very first time can be exciting and exhilarating as well as stressful and nerve-wracking. It’s the fulfillment of a long-held dream for many people, but because it’s their first time, they also don’t know exactly what to expect. But being forearmed with a little knowledge can make the whole process … Continued

Benefits Of Hiring A Top Buyer’s Agent In Los Angeles

A good buyer’s agent does a lot more than just unlocking a house and pointing out the features to buyers. This kind of agent does everything from searching for and evaluating a home to negotiating the purchase price to helping the buyer navigate through every step of the complex buying process. And a top-notch buyer’s … Continued

Documents You Need to Have For Pre-Approval in Los Angeles

You’ve decided to buy a house in Los Angeles, and you’ve heard that it’s best to get financing pre-approval before you even begin house hunting. That’ good advice for two reasons. First, you will know exactly what price range is within your reach and thus save a lot of time and frustration. And, second, if … Continued

Why Fall Is A Great Time To Buy A Los Angeles House

After summer’s oppressive heat, fall is a great time to be outdoors and an especially good time to be out house hunting. But, you ask, isn’t summer the best time to buy/sell a house? It can be, especially for sellers, but fall just may be the season for buyers, even though there may be certain … Continued

How To Buy A Home As A Single Parent In Los Angeles

Single-parent households are on the rise (about 20 million in the US today) and so is home ownership for single parents. In fact, almost 25% of recent home buyers were single. Without the cushion of a double income as a single parent, you may think home ownership is out of your reach. But the reality … Continued

How To Avoid Buying A House Out of Emotion in Los Angeles

According to experienced real estate agents, the most common mistakes home buyers make are emotion-driven mistakes. They let feelings override good judgment and wind up overpaying for a “dream home.” Buying a home is probably the largest financial transaction of your life, so reason and sound judgment should play a much greater role than emotion … Continued

Why Winter Is The Time To Buy A New Home In Los Angeles

Typically and according to standard wisdom, spring and summer are the best seasons for real estate, especially for selling. But these are considered the “best” seasons for buyers for just a couple of reasons – the weather is better, and there is more inventory. There is, however, a lot more to consider when buying a … Continued