
The One Expense Buyers Underestimate
Daily Real Estate News | Monday, June 09, 2014
Sixty-five percent of home owners with private mortgage insurance say that the additional cost of PMI prompted them to pay a higher monthly mortgage payment than they had originally expected,…

How to assess a real estate agent
Mary Beth Storjohann,
Selling or buying a home can come with a lot of confusion. If you're in the market for a real estate agent, ask these questions to find the best fit:
• What's your experience? Know how long your agent has been in business,…

Water Conserving Laws Come to California
By Maggie Olague
California is in the midst of a drought so severe that Gov. Brown has declared a state of emergency. He directed state officials to take necessary actions to prepare for drought conditions and is urging all Californians to…

Price your house to sell quickly
By Dian Hymer
A first-quarter survey of homebuyers and sellers done by HomeGain.com, a real estate services website, revealed that 76 percent of homeowners believe their home is worth more than the list price recommended by their real estate…

Your Credit Score – Understand It!
A Credit Score is a three digit number but this seemingly harmless number is strongly tied to the amount you can borrow. It also influences the terms of borrowing. In order to stay on top of your finances, it is crucial for an individual to…

Understanding Renovation Loans
By Andrew Leff , Vice president, national builder and renovation sales manager Bank of America
This past January, Harvard University’s Joint Center for Housing Studies released a report titled “The U.S. Housing Stock: Ready for Remodel,”…

New Loan Requirements For Getting A Mortgage
The number of homes purchased with a home loan has been dropping steadily since May, according to RealtyTrac. Instead, cash is king for many reasons. As mortgage rates began creeping up, some homebuyers started opting to purchase with all cash.…

Things to Watch in Housing in 2014
Housing, it was a tale of two halves in 2013. During the first half, unusually low supplies of homes and low rates spurred bidding wars, pushing prices up sharply. During the second half, the frenzy cooled amid a sudden spike in interest rates.…

Make Your House FHA-Loan Friendly
By Jeannette Brown
Since the Federal Housing Administration (FHA) insures a sizable portion of the mortgage loans used by today’s home buyers, it stands to reason that making your house FHA-friendly will increase its appeal to more buyers.…

Pending Sales Highest Since 2006
Southern California home sales held at a seven-year high last month thanks to a stronger economy, pent-up demand, low mortgage rates and the widening perception that a home is a good investment. Prices continued to regain lost territory as buyers…