Tag Archive for: california

2024 Los Angeles Housing Market Outlook

/in , ,
If you're considering the Los Angeles housing market, whether you're a first-time homebuyer or an investor, having a deep understanding of market trends and forecasts can greatly impact your decision-making process. Today, we'll provide you with a comprehensive overview of the forecast for the Los Angeles housing market in 2024.Read More

CA’s Dream For All (Down Payment Assistance) Program Is Here For 2024, But…

/in ,
CalHFA officially announced the re-introduction of its extremely popular Dream For All Program! And … it is not quite as exciting this time around. As a quick reminder – this is probably the most generous down payment assistance program we have ever seen – and that is why the CalHFA is trying to limit it to families that truly need assistance. When the program was previously launched last year, it ran out of funds in 3 weeks.Read More

CalHFA Dream For ALL Or A Select Few? (Probably a Good Thing); NAR Lawsuit Again

/in , ,
When CalHFA rolled out their newest (and probably most popular) down payment assistance program, the Dream For All Program, its entire $300 million allotment was gone in just 11 days. Many of us hoped that the program would return this fall, but CalHFA saw what happened during round one, and they are well aware of the potential feeding frenzy that would likely take place if the rules were not changed – so they are very astutely changing the rules. These rules are not finalized and are subject to change, but it does appear that CalHFA is trying to make sure the program is only used to benefit people who truly need assistance.Read More

Homeowners Insurance Problems Persist; What Is A BEDROOM?

/in ,
CA’s Homeowners Insurance problems persist – with no solutions in sight.  So, if you’re in Texas, you should be really happy you’re in Texas (as long as you don’t notice […]Read More

GSFA Platinum Program: Down Payment Assistance Made Easy

/in , , ,
The GSFA Platinum Program is a down payment assistance program designed to help homebuyers overcome the financial barrier of a down payment. It is offered by the Golden State Finance Authority (GSFA), a nonprofit organization dedicated to providing affordable housing opportunities for residents of California. The program provides eligible homebuyers with a gift of up to 5% of the loan amount to be used for their down payment and closing costs.Read More

How To Buy A Condo In California

/in , , ,
If you’re thinking about buying a condo in California, there are a few things you’ll need to know. This blog post will cover the basics of purchasing a condo in the Golden State, from financing options to understanding HOA fees.Read More

California Giving Away Down Payment Funds For Free!

/in , ,
We have received a ton of questions recently regarding the California Housing Finance Agency's (CalHFA) new program that offers a 10%, forgivable, interest-free loan to first-time homebuyers. So, we want to clarify the program's guidelines and touch on some serious tradeoffs buyers should consider.Read More

What’s The Minimum Down Payment In The Bay Area?

/in ,
Homebuyers have several options when it comes to the size of their down payment. The minimum amount required varies from one mortgage program to another. Here we’ll examine the minimum down payments required for a conventional mortgage in California.Read More

New Condo Complexes/Phases Do NOT Have to Be Complete

/in ,
Many loan officers and real estate agents mistakenly believe that condo projects and/or phases within a project must be complete before units within them are eligible for mortgage financing. We, […]Read More