Supplemental assessments reflect any increase or decrease in assessed value due to a change in ownership or completed new […]Read More
The country’s new tax laws, ushered in by President Donald Trump and his Republican counterparts late last year, will […]Read More
Mortgage Credit Certificate Program for first time homebuyers survives the new tax reform! A Mortgage Credit Certificate gives qualified home buyers […]Read More
Why you should take advantage of your Veteran status for a home mortgage loan. The single biggest barrier to a […]Read More
The Median Home Price for a single family residence in Danville in December 2016 was $1,213,000. That Median Home […]Read More
Analysts are now starting to take a look at the big questions that will matter in the home market […]Read More
As Bay Area home prices keep going up, home ownership is becoming harder and harder to attain for many of our teachers. They don’t know how to buy a home with no way to save for the down payment needed. A new program by Landed.com is offering a unique solutions for our dedicated educators. They are offering to provide teachers with 50% of their downpayment in exchange for sharing in 25% of the appreciation of the home you buy. This can make a dramatic difference in the timeframe needed to buy a home along with potentially lowering your monthly homeownership costs. If you have questions, feel free to ask me. I’m Karen, your Mortgage Genie, helping you find the home of your dreams.
People want to update the feel of their home but not invest a lot of time and money to do so. […]Read More
In the Bay Area, many of us hear the term, “Jumbo Loan” due to the high cost of buying a home. However, most individuals and families do not understand what this term means. In the US, there are two main entities (Freddie Mac and Fannie Mae) that provide mortgage lenders with security, like a guarantee, where they purchase mortgages. These groups provide a cap in the Bay Area for such protection up to $636,150. Such loans are considered “Conforming”. Any loan amounts above this are viewed as Jumbo Loans. Thus, with the average price of homes in the East Bay approaching or exceeding $1 million, it is very common for many individuals to use a Jumbo Loan to obtain their home and even “Super Jumbo Loans”. Such mortgages can come with higher interest rates, larger down payments, and greater credit scrutiny. If you have questions, feel free to ask me. I’m Karen, your mortgage genie whose helping you find the home of your dreams.
This will be the year for some substantial changes within the Danville and San Ramon retail landscape. Each city […]Read More