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Showing posts with label FHA. Show all posts
Showing posts with label FHA. Show all posts
10/21/2024

September Sales Data Graphic for Long Beach California

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  Seller Guide Graphic September 2024 sales data in Long Beach California shows a climbing 3 year price trend using price per square foot fo...
8/15/2019

It Just Got Easier to Buy and Sell Condos with FHA

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Downtown Long Beach condo view As I've previously posted,  condos haven't gotten a break from HUD for a long time.  Many HOAs, i...
2/04/2019

More Realistic Lender Rules for HOAs would permit more Buyers to Buy Affordable Homes

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According to the National Association of Realtors, there are between 145,000 and 155,000 condominium projects in the United States.  As back...
11/01/2016

Get the View on Some California Laws Coming Into Play for 2017 (or late 2016)

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Death of Occupant in a Property - there is already a law concerning this disclosure, but a new law effective September 25, 2016 clarifies...
3/03/2016

New California Disclosure to be Made by Condo Associations per AB 596

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Is your HOA FHA-approved? This was actually signed into law last August 12th by Gov. Jerry Brown, requiring condominium associations to ...
1/02/2016

Top Concerns for the 2016 Market

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Although the Consumer Financial Protection Bureau states "no problem", many REALTORs are experiencing delayed closing with the ...
12/14/2015

VA Loans Are Still a Very Good Option for Military Service Members

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Benefits for Nation's Heroes VA loans offer no down payment, competitive interest rates, easier credit standards, and easier loan qu...
10/07/2015

Points to Ponder When Considering A California Condo or Homeowner Association

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Versailles HOA Condominiums Single Family in Bixby Village HOA Condominiums and other types of units in common interest developments...
12/09/2013

Upper Limits on FHA Loans Reduced for 2014

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California's high cost market has allowed for the upper FHA loan limits for a single unit (i.e., single family home or a condo) to be ...
10/03/2013

What the Government Shutdown Might Mean for Real Estate in Southern California

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CLOSED As of last weekend, HUD (U.S. Dept. of Housing and Urban Development) reversed its original position about loans and stated that...
7/01/2013

In Long Beach, What Can You Buy Under $300,000?

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There have been several articles talking about this price range in the last few years since the market downturn.  With both limited inventor...
9/24/2012

New and Easier Guidelines for FHA Approval of Homeowner Associations

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The fallout rate for FHA approved homeowner associations has been huge over the last 2 years. FHA-approved condominiums are often one of t...
3/27/2012

Number of FHA Qualified HOAs Falling Drastically

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This afternoon I was sent a list of FHA-approved condominium complexes for Long Beach.  They now currently number 34, with two approvals exp...
7/12/2011

Is Your HOA FHA-Approved?

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Many homeowner associations in Orange County and Los Angeles County are experiencing certain problems, and these problems could lead to more...
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9/18/2010

FHA Loan Right After Short Sale?

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Short sales are a problem for sellers who want to get into a new home right away. Besides the probable impact to your credit score and the i...
6/30/2009

Turn An REO Fixer Into Your Palace

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DID YOU KNOW . . . . THAT the foreclosure/bank-owned property (REOs) market is shrinking? There are several reasons for this, but basically,...
6/08/2009

The Cost of Waiting to Buy Revisited

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Six months ago (they've passed quickly), I covered this topic via an article by Pat Zaby complete with payment scenario. Last week's...
6/02/2009

$8,000 Tax Credit is Once Again a Help With Costs for 1st Time Buyers

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There has been much confusion in the past several weeks about using the credit for a down payment, as HUD announced a tax credit but then re...
5/13/2009

First Time Buyers: $8,000 Credit May be Used as an FHA Loan Down Payment

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First-time homebuyers: Get the fast road to your $8,000 tax credit. Shaun Donovan, secretary of Housing and Urban Development (HUD) announce...
12/17/2008

Lowest Interest Rates in 50+ Years

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The e-mails from the lenders are pouring in to my inbox this morning. As of this morning, the 30 year fixed Fannie Mae Rate (conventional l...
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