My September Newsletter is Published and if you’re on my mailing list, you should have received it Friday Morning. If you missed it or have not joined my mailing list, click the link below to read the latest market news, real estate market, and what is going on in the Desert. Enjoy!
“One of the worst days in America’s history saw some of the bravest acts in Americans’ history. We’ll always honor the heroes of 9/11. And here at this hallowed place, we pledge that we will never forget their sacrifice.”
—President George W. Bush at the Pentagon in 2008
Unique Equity Loan – Some good news from Dean Rathbun:
“Let’s talk about a great new bridge loan. We have a unique equity access loan in which a borrower with substantial equity in their current home can access that equity with a new temporary equity access loan. They will then qualify on a new purchase mortgage and we will NOT count the departing residence mortgage payment in their debt-to-income ratio. This is a great way for clients to get pre-approved using the equity access loan ahead to then go into their new purchase, qualifying only for the property tax and insurance on the departing home. The mortgage on the house they are leaving will not be counted against them. This is a game-changer for so many. This is not a bridge loan for people who want to access their current equity and have no mortgage on the new purchase. That would be a standard private money bridge loan..
ve ever glanced at real estate listings and stumbled upon an advertisement for a “luxury home,” you might have thought, “This one must be truly exceptional!” But what truly defines a luxury home? Is it mainly the price, the location, the size, or perhaps a mysterious blend of all these factors?
What to consider before Purchasing a Home when you retire. Gaining insights into the critical aspects of buying a new home during your golden years can help you navigate potential challenges more effectively.
portunities in the Desert – Words from Dean Rathbun, United American Mortgage Corporation
Health care and social assistance. All other sectors were quite low.
Buyers – Do You Have Concerns? Welcome to the enchanting world of the Palm Springs area real estate, where the dream of owning a home meets the stunning allure of Coachella Valley. As a seasoned real estate agent in La Quinta, California, I understand potential buyers’ apprehensions when considering a property investment.
California’s housing market witnessed persistent challenges in June as home sales remained below the 300,000 benchmark for the ninth consecutive month. This trend was primarily influenced by the sustained elevation in interest rates during the preceding months. However, there was a glimmer of improvement, with the year-over-year decline in sales moderating, falling below 20% for the first time in twelve months.