The City of Chino, through its CalHome program, offers up to $60,000 for each eligible household to be used towards down payment for the purchase of a home within the City of Chino. It is intended for lower income home buyers who can afford monthly mortgage payments but do not have enough to pay the initial home purchase down payment and non-reoccurring closing costs. The goal of the program is to...
Job gains accelerated in the second half of 2014. The latest monthly data showed 252,000 net new payroll job additions in December. Over the last 12 months, that total net of new jobs comes to a cool 3 million. The pool of potential homebuyers and the need for commercial building spaces are therefore expanding. From the low point of 2009, more than 10 million jobs have been created. Recall,...
Nearly every factor generally associated with home sales has been turning for the better. We have more jobs, growing population, rising rents, additional inventory choices, record-high household net worth, and exceptionally low mortgage rates. On top of these trends, there is accumulating pent-up housing demand from people who underwent distressed property sales several years ago. The penalty period has...
The Millennials The Millennial generation are those who were born in the early 1980s through early 2000s. A most recent survey by California Association of Realtors shows that this generation has expectations of their real estate agent as...
BORROWER ELIGIBILITY Effective 8/16/14, Fannie Mae changed the waiting periods for a borrower to be eligible for a new loan following a derogatory credit event, such as a foreclosure, bankruptcy, short sale. Based on the type of loan, the waiting periods are as...
Muy Feliz Dia De Accion De...
Wishing You a Happy...
Client Appreciation Event I had a wonderful time with my clients and their families who supported me with referrals through the past year. We enjoyed a great lunch at Mimi's Café in San Bernardino. I'm sorry some of you weren't able to attend, I missed you! Thank you so much for your trust and continued support. I look forward to serving you, your family, and friends in...