You Need 20% Equity to Refi Your Home to Avoid PMI.
FALSE! Yes! You can refinance with just 10% equity, in some cases 5% equity with no monthly PMI. There are 4 ways to avoid PMI. Do our famous piggy-back loan where we give you one loan up to 80% of the value of the home and the rest on a second, or piggy back, loan....
How to Buy Real Estate with Your IRA
Warning! This is cutting edge information for new and experienced Investors and Realtors. Thursday, January 29th 6:30 PM to 9:00 PM *Waddell and Reed, 3625 Del Amo Blvd., Ste. 360 Torrance, CA 90503 Includes Wine and Cheese Reception Isn’t it time you took...
Special Alert for Realtors… FHA Sunsets the “Flip Waiver”
I hate to remind you of bad news, but better to know than put your seller or buyer’s “foot in it”. Starting January 1, 2015, FHA is eliminating its Flipping Waiver. Below are the critical time frames : Re-sales occurring 90 days or less following acquisition. If the...
Why You Need Title Insurance Even If You Are Paying Cash…
Could you afford to lose a $100k cash or more on an investment? I had a client who told me about a “great deal” they received on a home they purchased in Palos Verdes. The sellers “wanted out” and sold the house for only $100,000 when it was worth $550,000. The...