New “Tiny Home” Laws for California
Tuesday, February 06
To increase the availability of affordable housing more rapidly, the California legislature has approved several new laws effective in 2024 relative to ADUs. Here is a summary of some of them: AB1033: Allows ADUs to be sold separately from the homes they are associated with. SB 897: For all atta...
Why 2024 Could Be Good for Homebuyers
Tuesday, January 30
Here are three reasons why 2024 could be a better one than the past year for homebuyers: Inflation is cooling: It has steadily decreased since June 2022. High inflation means less purchasing power and higher interest rates Interest rates could drop: The Fed is already hinting at rate drops thi...
Decrease Debt Stress By Refinancing...
Tuesday, August 30
Refinance Using Hard MoneyYou have loanable equity in your property, whether it’s residential, commercial or land, and want to borrow against it. Loanable equity means the amount you can borrow that exceeds what you already owe not to exceed 70% of the value of the property. For example: you ow...
4 Things To Determine If You Are A Risky Borrower
Wednesday, July 27
Are You A Risky Borrower?I have heard numerous stories from my past borrowers where they were told how acquiring a home loan would be an unending, agonizing and complicated process. And that on top of this, one minuscule credit problem was going to end their journey to getting their dream home. T...
Reasons To Sell A House This Summer
Tuesday, July 05
Reasons To Sell A House This Summer Selling one’s house can be a challenge no matter what season it is, be it Summer, Winter, Fall or Spring. According to Keeping Current Matters article, “5 Reasons To Sell This Summer”, there is some logic in selling your home during the hot summer: 1. Demand ...
What Are Hard Money Loans And How Do They Work?
Tuesday, July 05
What are Hard Money Loans and How Do They Work?If you’re not familiar with Hard Money Loans, you may be asking yourself what they are, and what makes them different from traditional loans? If you have had trouble getting a loan through your bank or other traditional lending options due to bad cre...