It's that time of the year when ignoring roof problems will come back to haunt you. Here's my own personal story of how a leaking roof changed my life - and not for the better. Just after the mortgage crisis of 2008, my income plummeted, my house was underwater, my … [Read more...] about Help! I Have a Leaking Roof and I Can’t Afford to Fix It.
You’d have to live completely off the grid to not know that Inglewood is the new home to both the Rams and the Chargers. That’s one of the reasons the Inglewood real estate market has become so hot. It’s always wise to follow what the “experts” do – I say experts but what I … [Read more...] about The Inglewood Real Estate Market – and Other Hot Spots
With today’s surging real estate prices, you may be priced out of the market. If you can't afford to buy where you want to live, there is a solution. Don't stand by the sidelines as values keep shooting upwards. If you do, prices will always be just out of reach. Maybe you … [Read more...] about Help! I’m Priced Out of the Market!
If you are required to have Private Mortgage Insurance, you need to understand what it is, why it’s necessary and when it’s required. Mortgage Insurance lowers the risk (to the lender) of making the loan. Basically, it’s an insurance policy for the lender but you, the … [Read more...] about Private Mortgage Insurance – What and When?
There are a lot of people (yes, and computer programs) behind the scenes who are involved in getting your mortgage approved. A Loan Committee is not one of them. Let’s look behind the curtain to unmask all these ghost people. The following infographic pertains to Mortgage … [Read more...] about No More Loan Committee
PreQualification vs Preapproval, what's the difference? Over the past 30 years, almost every client who has come to me for a purchase loan has asked me what the difference is between a PreQualification and a PreApproval. The distinction is an important one. It can mean the … [Read more...] about Mortgage Mistake #5 – PreQualification vs PreApproval