A home warranty is a service contract, normally for one year, which helps protect home owners against the cost of unexpected covered repairs or replacement on their major systems and appliances that break down due to normal wear and tear. Coverage is for systems and appliances in good working order at the start of the …
Jun 18
Short Sale Highlights
We are aggressively and successfully performing short sales thus helping hundreds of people to avoid foreclosure in Charlotte, Lee and Collier counties. No worries if your property is not located in these areas. These highlights hold true nationwide. However, you should always consult your tax professional and attorney for your specific situation. With that said …
Jun 17
Good News For Homeowner Short Sales
The Home Affordable Foreclosure Alternative Program (HAFA) has not met up to its expectations with regard to providing a viable alternative to a full blown foreclosure for distressed homeowners wanting to sell properties that are underwater rather than have a foreclosure on their record. The HAFA program’s intent from the inception was intended to allow …
Jun 16
10 Questions to Ask Your Lender
1. What are the most popular mortgages you offer Why are they so popular 2. Which type of mortgage plan do you think would be best for me Why 3. Are your rates, terms, fees, and closing costs negotiable 4. Will I have to buy private mortgage insurance If so, how much will it cost, …
Jun 16
Bank of America Agreement With Federal Authorities on Mortgage Matters
Bank of America Corporation today confirmed it has joined the other four largest mortgage servicers in agreeing in principle to the terms of a global settlement resolving federal and state investigations into certain origination, servicing and foreclosure practices. The settlement with 49 state attorneys general, the United States Department of Justice and other federal agencies would extend additional …
Jun 15
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 …
Daniel Andrade
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CENTURY 21
My Real Estate Agent
7825 Florence Ave
Downey CA 90240
(562) 888-3264
