Lending trends and plans to make far more loans are already being seen on the ground level in San Diego. One California trust, specializing in jumbo mortgage loans, forecasts their lending volume to soar from $2.5 billion last year to $8 billion this year. Another San Diego mortgage banker, from Guild Mortgage, told UT San...Read More
New data suggests that mortgages are easing in the housing sector, but does it even matter anymore? According to the new Mortgage Bankers Association ‘Mortgage Credit Availability Index’ by Inman News, mortgages are easing, making it easier for anyone to get one. Consumer mortgages inched up in May from April and stood almost 9 points...Read More
No one may like dealing with taxes, especially those flipping San Diego homes with the intentions of living an entrepreneurial lifestyle. To many, taxes are an annual burden that should be done away with. However, all of your hard work will mean nothing if you lose your profits to the IRS for neglecting to have...Read More
Sadly, many homeowners have slacked off on finding a solution for stopping the foreclosure process. Many are misinformed, as they think they will have plenty of time to find a solution. Remember, that while they may have held back on sales, they haven’t necessarily stopped the paperwork on the foreclosure process. Take the time to...Read More
IRS and title company mistakes can cost real estate investors a lot of money. Watch out for these blunders and protect your wealth. Imagine calling the IRS to find out where your tax refund is, only to be told that they applied it towards a $404,000 tax bill you didn’t even know you had! Real...Read More
Practicing large scale real estate investing can result in exponential rewards. However, how do real estate investors accomplish buying and financing dozens of homes at the same time? The U.S. housing market is full of incredible real estate investing opportunities, especially as we enter the peak summer season. There is huge potential to ramp up...Read More
Does a new report really reveal that mortgage loans are becoming easier to get, or is it all just more hype? Ellie Mae, a mortgage origination software firm has released a new report suggesting that mortgage credit is becoming more accessible for those buying a home. So how much easier has it gotten since last...Read More
Does your real estate business have a plan to ensure business continuity? Having a business continuity plan is critical to the ongoing success of all real estate related businesses from real estate investing companies to brokerages, especially as we are fast heading into hurricane season again with expectations of an extremely active year. Whether you...Read More
Writing a will and last testament is often one of the last things on a new real estate investor's mind. There is so much to do and there is already enough paperwork floating around to re-stock an Amazonian rain forest. However, not having a will often means putting your wealth and the future of your...Read More
Failing to pay your property taxes could cost you a lot more than you think. Homeowners and real estate investors must be aware of the extreme penalties of not paying their property taxes. Many strive to pay cash or own properties free and clear today but there are always annual property taxes to be paid...Read More
