by Athena Paquette | Jan 30, 2016 | Blog, Home Owners, Investors, Realtors
Client graduates from Pharmacy school with $170,000 in student loan debt. No, that’s not the win, but here it is. She bought a home with her hubby while in school. They bought March of 2012 for $410,000. Put 20% down. Now the house is worth $550,000-600,000 and she...
by Athena Paquette | Nov 12, 2015 | Blog, Home Owners, Investors, Realtors
I was terrified, but my desire to be financially free over took my natural inclinations to avoid risk at all costs. My wife and I are both engineers. We have good paying jobs, and love what we do. We wanted our kids to go to a good school, and so bought a home in...
by Athena Paquette | Oct 30, 2015 | Blog, Home Owners, Investors, Realtors
Is it true that when if you get an Owner-Occupied Loan, you have to refinance when you move out? NO! Believe or not I have had a few clients think that this is the case. When you sign loan documents, the NOTE and the DEED of TRUST are the 2 contracts that you sign....
by Athena Paquette | Aug 21, 2015 | Blog, Home Owners, Investors, Realtors
If you are in bankruptcy you cannot finance a home. FALSE!! I recently had a client who had to file bankruptcy because of a business. He wanted to refinance, but was told by his current lender that he could not for 1 year after the bankruptcy. His credit union said 5...
by Athena Paquette | Jun 26, 2015 | Blog, Realtors
If I refinance and my property appraises for more than when I bought the home, my property taxes will go up. FALSE! The property tax bill, because of Prop 13, can increase more than 2% of the assessed value year to year. The assessed value is determined by the County...
