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 …

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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 …

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Understand Real Estate Representation

By: G. M. Filisko Whether you’re buying or selling, it’s important to choose representation that meets your needs in the transaction. You have choices when selecting representation in a real estate transaction. Here are five tips for understanding which type of legal relationship with a real estate professional, called an …

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Keep Your Home Purchase on Track

By: G. M. Filisko You’ve found your dream home. Make sure missteps don’t prevent a successful closing. A home purchase isn’t complete until you make it to the closing. Until then, the transaction can fall apart for many reasons. Here are five tips for avoiding mistakes that cause a home …

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Tax Benefits of Homeownership

The tax deductions you re eligible to take for mortgage interest and property taxes greatly increase the financial benefits of homeownership. Here s how it works. Assume: $9,877 = Mortgage interest paid (a loan of $150,000 for 30 years, at 7 percent, using year-five interest) $2,700 = Property taxes (at …

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