Loan Approval : borrowers need to get these documents ready before they get serious about buying a new house. 1. Copies of W2’s for the last two years If Self-employed Proved year to Date P and L statement and a complete set of returns for your business (K-1, 1120’s 1065’s, etc) 2. Copies of your […]
"We met Kevin at an open house he was hosting. After spending some time with him we found that he would be a good person to work with. When it came to writing an offer Kevin used aggressive tactics to ensure us the best deal possible which he produced. We just closed escrow on a home in Eastside Costa Mesa, my wife and I are very happy with our deal and charming new home! "
Thank you, Kevin! - Jeff and Jennifer O. Costa Mesa, CA
You Do Not Need 20% Down to Buy a House
You Do Not Need 20% Down to Buy a House gone are the days of 20% down or no loan, but recent surveys reveal that many Americans are not aware that programs exist to put down less. Fannie Mae’s article, “What Consumers (Don’t) Know About Mortgage Qualification Criteria,” revealed that “only 5 to 16 percent […]
Pre-approval
Pre-approval is the First Step when we submit an offer for a home you love I need; the signed contract, the proof of funds for the deposit, and an approval letter from your lender. One way to prove you are serious about buying a home is to get pre-approved for a mortgage before starting your […]
Down Payments
Down Payment Types Saving money for a down payment on your first home is easier said than done. It is best to combine saving for a down payment with other financial strategies. The best one will help you clear the down payment goal without jeopardizing your finances for the long haul. Here are some options […]
Buying – Equity from your old house to a new one
Buying – Equity from your old house to the new one – To take advantage of today’s market, homeowners often move into a new home that better meets their current needs (moving to a larger home or downsizing as the kids move out. If you are one of the many who are unsure of how […]
Buying – New Home Previews
New homes are being built in Southern California. I take buyers out to look at the new homes all the time, I like it. As an agent, we bring confidence to the table about the transaction process. New home builders often play by a separate set of rules when it comes to approved lenders and […]
Buying – What to Look For in a Home Preview
When you walk into an open house I know what you really want is for your imagination to start seeing yourself in that house. If you can’t feel that somehow, we might as well leave. Notwithstanding flippers and investors or even contractors who look at a house as a blank canvas, your mission is YOUR […]
Buying – Real Estate as an Investment – Flipping
Americans were asked to rank what they considered to be the “best long-term investment.” Real estate ranked number one, which 35% of those surveyed saying it was a better long-term investment than stocks, mutual funds, gold, savings, or bonds. Fixers & Flippers We have sold a lot of homes t people who want to go […]
Buying – Previewing Homes
Are you dreading walking through strangers’ houses? Or getting into one that’s appointment only. Are you concerned about getting the right price, correct paperwork, legal issues, repairs, inspections, and the right lender? A professional agent is always worth more than the commission they get paid from the sellers. A good Realtor will save you more […]
Buying – Building Wealth
More and more Americans are seeing their personal financial situations also improving. Instead of just getting by, many are now beginning to save and find other ways to build their net worth. One way to dramatically increase your family wealth is through the acquisition of real estate. Over a five-year period, that homeowner can build […]