by Athena Paquette | Sep 18, 2016 | Blog, Home Owners, Investors, Realtors
Veteran finalizes refi on a NO COST loan after finishing a BK. I am so happy for this client! He has been a client since 1999. He owned a business that he sold, but because he was the original signer on the lease, he was responsible for the entire commercial lease...
by Athena Paquette | Sep 18, 2016 | Blog, Home Owners, Investors, Realtors
I heard from a friend at work that rent control is bad; is that true? First of all, let me explain that what people call “rent control” is called rent stabilization by city governments. That’s because they feel enacting a governmental limitation on the amount or...
by Athena Paquette | Sep 10, 2016 | Blog, Home Owners, Investors, Realtors
This week was supposed to be quiet. And was when the markets were closed. Then the Japanese government announced that they will temporarily stop buying US Treasury Debt. Temporarily. Who knows when they will come back into our market? Hopefully it will be next week....
by Athena Paquette | Sep 10, 2016 | Blog, Home Owners, Investors, Realtors
Client turned down by underwriter because of too much tax write off, even though he is a salaried engineer! This often happens when underwriters, who have to look at 4-7 profiles a day, make a technical mistake. (My client is an engineer buying a home to live in as...
by Athena Paquette | Sep 10, 2016 | Blog, Home Owners, Investors, Realtors
Is it true that Long Beach is going to be a rent control city? Well, possible and probably. The city council in June voted to enact a regular inspection of all rental properties in Long Beach on a rotating basis, like the City of LA does. There are many people who...
by Athena Paquette | Aug 26, 2016 | Blog, Home Owners, Investors, Realtors
This week saw rates inch up a little on the rumor, then some words from Fed Chairman Janet Yellen indicating the US economy may be firming up enough to withstand an increase of the Fed Funds rate. So what news backed this up? The first big news was that New Homes...