What is a 1031 Exchange? A 1031 exchange (IRS code Section 1031) is an exchange that occurs when one investment property is sold in order to purchase another. When swapping an investment…
A Homeowners’ Association (HOA) is an organization that oversees a group of homes by setting and enforcing rules, resticitions and caveats as well as maintaining the community. HOAs are most…
Buying a home can come with hefty price tags in the form of closing costs, property taxes, maintenance, etc. One of the biggest upfront costs is the down payment. Even…
This Spring promises to be an especially chaotic season for homebuyers as mortgage rates continue to remain volatile, housing supply remains low, and real estate trends resume their major shift….
What is an ARM? An Adjustable-Rate Mortgage (also called a variable-rate or floating mortgage) is a type of mortgage where the interest rate applied on the outstanding balance varies throughout…
Interest rates have long been a part of the financial landscape. They act as a bridge between corporations and borrowers to ensure money will always be available to borrow in…
The Supplemental Real Property Tax Law was signed by the Governor in 1983 and is part of an ambitious drive to aid California’s schools. This property tax revision produces over $300 million per year in revenue for schools….
Borrowers often have anxiety about refinancing and going through the taxing journey of gathering their personal financial documentation. The good news about refinancing is it is very similar to the…
The key difference between a Jumbo mortgage and a Conforming loan is the size of the loan. A Jumbo loan is a mortgage used to finance properties that are too…
Millennials take a lot of heat for being the first generation to experience the convenience of technology and shift of the culture. But despite the glory of the internet and…
