No PMI with 10% Down – You Bet!
If you’re in the market for a new home, but you have less than 20% to put down, you may not have to pay PMI! How is this possible? With an old loan that is NEW again. It’s called the Piggyback or 80-10-10 loan. PMI or Private Mortgage Insurance is an insurance policy...
Create Cash Flow AND Send Your Kids to College? Here’s How
Who would’ve thought that sending your child off to college could be an opportunity for more cash flow-in instead of cash flow-out? A client of mine recently bought a 5 bedroom 3 story home built in the 1930’s for $350,000 in the college town where her daughter is...
Why Working with a Bank Will Cost You Thousands!
How is it that a couple who is paying $2,600 a month in rent could only qualify for a $280,000 loan? They went to a bank first. True story; after being told that they couldn’t qualify to buy the home they really wanted, they came to see me. After a thorough review of...
The Difference Between a Realtor and a Real Estate Agent
Not all Real Estate Agents are Realtors. In fact, there are a small percentage of real estate licensees who are members of The California Association of Realtors. The California Association of Realtors is a voluntary organization that has a very strict code of ethics...