Real Estate Prices in the Bay Area
The rule of thumb for many potential Bay Area home owners is, try not to think about it too much. When looking at the average home price in the Bay Area, $560,000, and then looking at what $560,000 affords you (a 2 bedroom home in Stockton or a studio apartment in the Mission District of San ... more...

FHA Home Loan and FHA Home Loans
FHA home loans have basic requirements that must be met before qualifying for an FHA loan. FHA home loan requirements are standards that allow first time homebuyers the opportunities to meet mortgage qualifications. FHA home loans are easier to qualify for than conventional loans offered by lending ... more...

Fraud in Real Estate, Are You Being Victimized? - Part II
The phone range and Peter was on the other end of the line. "Willard, I have a friend of mine that has a real estate problem." I said, "Send him over." Two hours later, Jerry sat in front of me terribly upset. Three years earlier, he had been talked into buying a 4 unit building in partnership with ... more...

Home Equity Loan Comparison - Access Your Home's Equity Through a Second Mortgage or Equity Loan
You can access your home equity without the cost of refinancing with two financing options. A second mortgage will give you a lump sum check with a fixed or adjustable rate. A home equity line lets you tap into your equity when you want to. Both options allow you to write off interest on your taxes ... more...

How To Spot A Good Buy
Beauty is in the eye of the beholder, particularly when it comes to buying a home. Features that attract one home-buyer may repel another.However, the one feature of interest to every home-buyer is price. Getting the most home for your money is paramount. The real problem is figuring out whether ... more...

18 Easy Steps to Buy a Bargain House
What is a "distressed" property? What is "bargain" real estate?A distressed property is one with a distressed seller. Job loss or transfer, divorce, death, pending foreclosure, and lack of money cause sellers to sell fast for less. Discovering the seller's problem and finding a solution is the key ... more...

Home Equity Loan When Does Refinancing Make Sense?
For the last two years, interest rates have been much lower than anytime during the last thirty years. This has resulted in an unprecedented boom in real estate sales, home refinancing and home equity lending, as borrowers try to take advantage of these rates for the long term. But refinancing or ... more...

Reverse Mortgages - Is It A Good Idea For You?
Reverse mortgages are one of the largest growth areas in the mortgage business. These mortgages offer older people the chance to get cash based on the equity they have in their homes or condos. When the reverse type of mortgages are used, the lender pays the home owner an agreed upon rate. The ... more...

Bad Credit? With Poor Credit You Can Still Refinance Or Get A Home Equity Line Of Credit
Have you decided to refinance your home or apply for a home equity line of credit but worry about your credit rating? Even with poor credit it is possible to refinance your existing mortgage or obtain a home equity line of credit. New practices in the lending industry have made it easier than ... more...