The housing market in Orange County, California, known for its sweeping coastline and its array of extravagant homes, has historically been one of the most expensive regions in the United States. The current economic conditions, heavily influenced by technology-driven growth, labor market trends, and...
Interest rates have been on the rise in recent months, and this is having a significant impact on the housing market in Orange County, California.
For homebuyers, higher interest rates mean that they will have to pay more for their monthly mortgage payments. This can make it more difficult for some people...
The length of time it takes to close escrow on a house can vary, but it typically takes around 30-45 days from the time the purchase agreement is signed to the time the sale is finalized. There are several steps that must be completed during this time, including:...
Your mortgage isn’t a ‘sure thing’ until you sign the closing papers. Until that point, anything can happen, which is why it’s so important to keep your financial and employment situation status quo.
If you’re thinking about buying...
Buying a home requires more than finding the perfect home. First, you need financing, or you won’t be able to buy the home.
Lenders have specific requirements when considering buying a home, so knowing what questions you should ask them is important....
Buying a house is exciting and overwhelming all at the same time. Not only must you find your dream home, but you must secure financing too unless you’re paying cash.
The financing part causes a lot of stress for most people because they don...
By now you’ve likely heard complaints or frustrations over PMI (Private Mortgage Insurance) and do whatever you can to avoid it.
What if it’s not as bad as you think, though?
Private Mortgage Insurance has its positive sides, including the...
Buying your first home can be exciting and overwhelming at the same time. You’re fulfilling the American dream but at the same time, taking on the largest debt of your lifetime.
Fortunately, there are many great mortgage loans for first time...
Buying your first home is exciting and overwhelming all at once. Before you get in over your head, use these simple tips to best prepare you for one of the largest investments you’ll make in your lifetime.
The...
If you’re in the market to buy a house, your mortgage lender will look at a couple of main factors to determine if you qualify. Most people know they check your credit score and credit history, but they aren’t aware of the debt-to-income ratio and...