This is Thomas Feng with Bay Area Connect and I am joined this week by Joe Lima of Princeton Capital to discuss some new loan programs available at Princeton Capital. These loan programs are for specialized buyers that may not qualify under traditional loans. We have an asset depreciation loan (for people without monthly W2′s [...]
Fannie Mae announced the expansion of incentives to encourage sales of HomePath REO properties to owner occupants. Now through October 31, qualified buyers can receive financial incentives on sales of HomePath properties, which can be found at www.homepath.com. The incentives are part of Fannie Mae’s commitment to neighborhood stabilization, and are available on sales to [...]
If you live in Cupertino and have had the chance to drive down Blaney Ave in the past year you may have seen a empty plot of land at the intersection with Pacifica Dr. This plot of land is located next to the Cupertino Public Library and it seems they have recently started constructing homes [...]
In previous articles we saw how
A new townhome is community is opening up in Sunnyvale soon called Fusion. It is located at 592 Santa Rosalia Terrace in Sunnyvale CA 94085. Prices start at $460,000 for a 2 bed 2 bath and go up to $627,000 for a 4 bed 3.5 bath. I went by last week to check out the [...]
Sorry no pictures of new listings today because I attended RSVP this morning, RSVP stands for the Realtor® Service Volunteer Program. I’ll post some pictures below of things I saw today and will update later with pictures of our volunteer efforts after I get them from our local association, SILVAR, which was taking photos all [...]
This is Thomas Feng with Bay Area Connect and I am joined this week by Celeste Martino of WesternBancorp. Today we will be talking about the first step a loan agent takes when they first receive your mortgage loan and application. This first step consists of a consultation with the buyer and the pulling of [...]
In my article about the FHA changes happening in April I talked about how the FHA loan is now harder to qualify for and will also have higher premiums than ever before. How has this really affected home buyers? It’s gotten more expensive. A home buyer can actually get a private sector loan at cheaper [...]
