Oct 02

California Housing and Emergency Shelter Trust Fund

Proposition 46 also called the Housing and Emergency Shelter Trust Fund Act of 2002 is a California-approved, $2.1 billion dollar bond measure. It provides funds for the construction, rehabilitation and preservation of affordable rental housing, emergency shelters and homeless facilities. Funds can be used to provide down payment assistance to low and moderate-income first-time homebuyers. …

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Oct 01

Do They Really Like Me

GETTING A LOAN Once you ve figured out what amount of loan you re able to comfortably afford, it s time to talk to a mortgage lender. Check to see if the home you re considering purchasing is in a special bond assessment district. Some homes in California can be assessed yearly bond fees  for …

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Oct 01

Homes for Sale – 9571 Banta Rd Pico Rivera CA 90660 – Flor Martinez

3 beds 2 baths Flor Martinez CENTURY 21 My Real Estate Company http://www.century21.com/property/9571-Banta-Road-Pico-Rivera-CA-90660-37748622. …read more

Sep 30

Homes for Sale – 19133 Ingomar St Reseda CA 91335 – Jeff Worthy

5 beds 4 baths Jeff Worthy CENTURY 21 My Real Estate Company http://www.century21.com/property/19133-Ingomar-Street-Reseda-California-91335-20427244. …read more

Sep 30

Homes for Sale – 7447 Firestone Blvd Downey CA 90241 – Edwin Huber

0 bed 0 bath Edwin Huber CENTURY 21 My Real Estate Company http://www.century21.com/property/7447-Firestone-Blvd-Downey-CA-90241-37701619. …read more

Sep 29

CHDAP is Back! – Downpayment Assistance Program

California Homebuyer’s Downpayment Assistance Program (CHDAP) The CHDAP provides a deferred-payment junior loan – up to 3% of the purchase price, or appraised value, whichever is less, to be used for their down payment and/or closing costs. This program may be combined with a CalHFA or non-CalHFA, first mortgage loan. Review the sections below to …

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Sep 29

Homes for Sale – San Cayetano Street Fillmore CA 93015 – Roman Vazquez

0 bed 0 bath Roman Vazquez CENTURY 21 My Real Estate Company http://www.century21.com/property/San-Cayetano-Street-Fillmore-California-93015-20456571. …read more

Sep 28

Commercial Real Estate – Cinderella Carpet Cleaning Bell CA 90201 – Flor Martinez

Flor Martinez CENTURY 21 My Real Estate Company http://commercial.century21.com/listing/cinderella-carpet-cleaning-bell-ca-90201-c2137730967. …read more

Sep 28

FHA-Insured Loans

FHA was established in 1934 under the National Housing Act and was consolidated into HUD in 1965. The FHA s purpose is to improve housing standards and conditions, provide an adequate home financing through mortgage insurance, help stabilize the mortgage market and provide homeownership opportunities. HUD acts as an administrator and insurer of FHA s …

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Sep 27

The Short Sale Tax Implications

In case of a real estate there are short sale tax implications which have to be noted. Primarily there are chances of receiving a form 1099-C for the total amount of loss which the lender has to bear. According to an U. S government agency dealing with taxes named Internal Revenue Service this is interpreted …

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Daniel Andrade, REALTOR® DRE #: 01849983
Century 21 My Real Estate Co
7825 Florence Avenue, Downey , CA 90240
call today 323-215-9836
daniel@mynewhouses.com

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