What is a Homestead and What Does it Do? In California, a homestead gives protection against involuntary claims against an owner’s home. If a money judgment is rendered against you in court, the person who won the judgment against you may try to collect the monetary damages by garnishing your wages, bank accounts, or having your automobile or home sold to pay off that judgment. The homestead law...
Buyers
FHA is now allowing potential borrower’s to qualify for a FHA loan as soon as 12 months after a foreclosure, short-sale, or bankruptcy. But this is only for borrowers where the derogatory credit was caused by an Economic Event, which is defined by HUD as job loss, or a 20% or greater reduction of income, for a period of at least 6 months. This reduction of income must have been the cause of the...
Water damage can result from many different causes: storms, flooding, broken water pipes and lines, leaking washing machines, and more. This can lead to mold and odor problems, and worse. If left unmitigated, water damage can eventually cause structural damage, which can entail significant costs to repair and can even affect a home's value. Prevention is the first defense against water damage. Here are...
Take a look at the most recent survey regarding the top reasons clients appreciate their Realtor. These top areas represent my goals in service to you, your family and friends. I look forward to working with you or your...
The housing market is improving making now a great time to buy or sell. Below are the top areas...
As of January 1, 2014 FHA will be lowering the Maximum loan limit in San Bernardino & Riverside Counties from $500,000 to $355,350. Below is a break down. 1 Unit $355,3502 2 Units $454,900 3 Units $549,850 4 Units $583,350 As of for now, Fannie Mae & Freddie Mac will be keeping the conforming loan amount at $417,000. If you or someone you know is buying a house with a price...
26620 Baseline St., Highland, CA Great income opportunity - three side-by-side houses with separate driveways on the same lot. Live in one and rent the other two or bring the whole family together. The first house offers 2 bedrooms and 1 bath, stove, patio, swamp cooler, washer & dryer hook-ups; and a carport. The middle house offers 1 bedroom and 1 bath; a stove, swamp cooler, washer & dryer...