FHA and VA Loans are Assumable Loans
Many Realtors don't realize that a seller with a low rate on a FHA or VA loan might be able to be utilized by the next buyer with the buyer assuming the prior loan, and a 2nd TD can be established for any additional adjustments. There are some criteria required, but this is a great opportunity and
Lower down payment requirements for Multi-Family Homes in 2023
Lowered down payment requirements for multifamily homes In a significant policy change, Fannie Mae has announced that, starting from the weekend after November 18, 2023, it will accept 5% down payments for owner-occupied 2-, 3-, and 4-unit homes. This marks a departure from the previous multifamily
Katy Perry fought for a Montecito mansion in court. The verdict is in, and she likes it
Katy Perry Prevails in Montecito Mansion Lawsuit Katy Perry and Orlando Bloom can finally settle into their $15 million Montecito mansion after a judge ruled in their favor in a protracted legal battle. The lawsuit, filed by the seller, Carl Westcott, claimed he lacked mental capacity during the sal
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