Archive for Real Estate Finance

Home Owners Association Good or Bad ?

Whether or not you are a home buyer looking for a new home or a tenant looking to rent a property you should understand what exactly an HOA is and how it will affect your rights.  You should inspect the association documents carefully. Most Real Estate Brokers should be able to help you review the financials, [...]

Co-Signing on a Mortgage–Is it Good or Bad Idea ?

What would you do if a family member asked you to co-sign on a mortgage ?  They need a little help qualifying and have always wanted to buy a home. They have a good jobs and the future is bright, they just need a little help to get over the hump.  Sure I will help you [...]

Investors Can Now Refinance Cash Purchases

Great News for Ventura County Real Estate investors. Fannie Mae has updated it’s guidelines to allow investors who purchase properties with all cash to refinance the property with Cash-Out Loans.  Finally something to to help the housing market. I am sure Fannie Mae evaluated all the Cash purchases going on and saw a chance to get [...]

Why Buying a Home Makes Sense

Being that we are a Real Estate Brokerage, Presidio should be encouraging everyone to buy a home correct ? First of all, I want to make it perfectly clear to everyone, buying a home is not the path to riches. But buying a home is a great way for people to build equity and learn how [...]

Underwater Homeowners will have negative impact on Rental Homes

According to a report from Deutche Bank homeowners who are underwater on their mortgage will continue to rise through 2011. If predictions are correct, this will have a neagtive impact on rental home rates. Great for tenants, bad for owners. There is a direction correlation between rental rates and home prices and further price declines [...]