Protected: Homes with Price Under $300,000 – Nov 18 Report
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Category: Buying a Home
Properties that are a great opportunity for Home Buyers.
Downtown Los Angeles 2040 Plans
L.A. City Planning Department (DCP) released its full draft Downtown Community Plan, called DTLA 2040. Once approved, the plan would eliminate parking requirements for all of downtown Los Angeles. Under the proposed Plan, 60% of Downtown — compared to 33% today — would be eligible for residential uses. By the year 2040, Downtown will include Read more about Downtown Los Angeles 2040 Plans[…]
First Time Home Buyer Programs
The first-time homebuyers need all information available to obtain assistance programs for the downpayment and the purchase of their dream home. Here is a summary of the main programs. If you need more information on any of the program, do not hesitate to call us at (323) 942-9347 • FHA loan program: A loan insured Read more about First Time Home Buyer Programs[…]
Homes for less than $300K in Los Angeles County
It is possible to find properties for sale under $300,000 in Los Angeles County. However, they have some peculiar characteristics and are not for everyone. These properties have certain peculiarities and are preferred by individuals or families willing to make certain sacrifices or by investors with sufficient resources to repair and rebuild the property. If Read more about Homes for less than $300K in Los Angeles County[…]
New FHA Loans for Condos
The Federal Housing Administration FHA introduces the Single-Unit Approval process for Condominiums, this time, even if the condominium project is not FHA approved. The new FHA Loans for Condos become effective October 15, 2019 In the past, units in condominium projects were allowed to get an FHA Insurance, only if the whole condo project was Read more about New FHA Loans for Condos[…]
Mortgage Rates down again..!
The Mortgage Banker Association said recently that the Market Composite Index, a measure of mortgage loan application volume, decreased 3.1 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 4 percent compared with the previous week. We can identify three clear trends in the last three years: Read more about Mortgage Rates down again..![…]
Homebuyers taking advantage of the lower Mortgage Rates..!
August 1st brought 10yr Treasury yields to the lowest levels since November 2016. The bond market movement was big and unexpected. The mortgage rates are lower. The word RECESSION feels stronger today than yesterday. Investors feel safer to invest in Treasury Bonds. Today, news about more trade tariffs and de-globalization push back the confidence on Read more about Homebuyers taking advantage of the lower Mortgage Rates..![…]
Homebuyer’s Savings are Key for a new home
It’s clear that not many new home buyers have enough savings for a down payment loan. When homebuyer’s savings are null, homebuyers are receiving family money to help with their down payments. Gift funds are helping the younger couples to have the amount of cash liquid to own a home. KPCC-Southern California Public Radio in Read more about Homebuyer’s Savings are Key for a new home[…]
Building Permits decline in California
According to the California Department of Finance, in the first five months of 2019, cities and counties issued a very low number of permits for residential building, making only 111,000 units per year (seasonally adjusted average). This is a decrease of 12.2 percent from the same period in 2018. Permits for multi-family units like apartments Read more about Building Permits decline in California[…]
Monterey Park House for Auction
This August 1st, you have the chance to buy a house with good equity in a good neighborhood. The House for Auction is located in Monterey Park, California. It has 3 Beds, 1 Bath, more than 1,200 living square feet, and more than 10,000 land square feet. The front has 74′ and the deep is Read more about Monterey Park House for Auction[…]