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
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Help! I’m Priced Out of the Market!
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!
Private Mortgage Insurance – What and When?
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?
No More Loan Committee
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
Mortgage Mistake #5 – PreQualification vs PreApproval
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
Mortgage Mistake #4-Changing Jobs or Your Business Structure
Mortgage Mistake #4 - Changing jobs or, if you are self-employed, your business structure. Scenario 1: You are an employee with a salary If you are an employee who receives a regular paycheck for the same amount each pay period, here's what happens when you change jobs. The … [Read more...] about Mortgage Mistake #4-Changing Jobs or Your Business Structure
