Posted In: Green Living, Taxes
Green is in!  What does the future hold for the world of green?  Green market research firm SBI Energy forecasts that in the next five years, the market for energy-efficient home renovation products will grow 15 percent, 50 percent faster than the renovations market as a whole. According to the report, the energy-efficient market will reach $35 billion and claim [...]

FHA-Backed 203(k) Rehab Loans Can Make All The Difference.

Posted In: For Buyers, Foreclosures & Short Sales, General Real Estate News, Home Improvement, Mortgage & Finance
FHA rehab what? You mean there are still loans available to help fix up a house? S-WEET!Here is the scoop: The FHA-backed 203(k) rehab loan is an increasingly popular option in today’s market because so many available properties, especially foreclosures, are in need of repair. And let me tell you, I have been in plenty of them. The bones may [...]

High Rates + Low Rates = TIME TO REFINANCE

Posted In: Mortgage & Finance
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Get rid of your interest-only and high interest rate loans now!  Check it out… My husband and I are in the process of refinancing our house into a 5%, 30-year fixed loan with no upfront costs.  Killer!  We are also refinancing our rental from a 10-year interest only loan into a fixed loan as well, for very little cost.  Sweet!   In talking with [...]

FHA Changes to the Condo Guidelines

Posted In: Mortgage & Finance
This just in from mortgage guru, Chet Gohd, RPM Mortgage in Berkeley. “Today, February 1st, is the beginning of the new FHA Condo project guideline changes. From this point, any FHA loan for a condo will require an approval from HUD. This means that in order to do the loan, the financials from the Condo Project will need to be [...]