By sebfrey on November 16, 2008
In an attempt to encourage the revitalization of run down neighborhoods, the Federal Housing Administration began offering a loan program called the FHA 203K Loan program. Under this program, homebuyers can rehabilitate a property using a federally backed loan. What Is an FHA 203K Loan? An FHA 203K Loan is a loan that is insured [...]
Posted in Develop Your Skill
By sebfrey on November 16, 2008
Choosing a realtor is an important decision as you look to buy your next Santa Cruz home. Your realtor needs to be someone you can trust to look out for your interest and help you find a home that meets both your needs and wants. Take some time to carefully consider your partner in the [...]
Posted in Develop Your Skill
By sebfrey on November 16, 2008
If you are interested in using the FHA 203K Loan program to fund repairs on your home or a home you are interested in purchasing, you should know that there are some repairs that you will be required to make. The lender and the FHA want to know that their investment will be protected, and [...]
Posted in Develop Your Skill
By sebfrey on November 16, 2008
Santa Cruz real estate is hot, and if you are interested in investing in property in this market, you may not have the luxury of time when a good property hits the market. Unless you know how to spot good investments and purchase them quickly, you will always lose potential properties to your competition. Location [...]
Posted in Develop Your Skill
By sebfrey on November 1, 2008
Investing in Santa Cruz real estate can be a great way to make money. People want to live in Santa Cruz, so there is a market for the homes you can buy and sell. On the other hand, many homeowners move to Santa Cruz without counting the cost, and this can lead to a lot [...]
Posted in Develop Your Skill
By sebfrey on October 31, 2008
Location, location, location! If you have spent any time in the real estate field, you have heard this little phrase repeated over and over. But when you are shopping in Santa Cruz, this really does not matter, does it? After all, you are shopping for property in one of the most popular areas of the [...]
Posted in Develop Your Skill
By sebfrey on October 28, 2008
People flock to Santa Cruz for vacations from across the country. Investing in a vacation rental in this area is a good choice, because there is almost always a market for your property. However, you need to know how to do this before jumping into the investment arena, or you could end up making costly [...]
Posted in Develop Your Skill
By sebfrey on October 22, 2008
Every home seller wants to know the same thing: how much will I get for my house? This is a valid question, but one that is difficult to answer. The answer depends on many factors, including market trends and the condition of the property. in reality, it is the buyer that determines how much a [...]
Posted in Develop Your Skill
By sebfrey on October 22, 2008
Before you put your home on the market, you should have it inspected. While this is traditionally considered the responsibility of the buyer, having your home inspected prior to the resale can save you headache, hassle, and money. Yes, you will have to pay to have your home inspected, but what you save will far [...]
Posted in Develop Your Skill
By sebfrey on October 21, 2008
Your interest rate is the most important factor in determining how much your mortgage is actually going to cost. Before you sign for your next home loan, make sure that you are getting the best possible interest rate. Even a few percentage points will save you thousands over the lifetime of your loan. Fix Your [...]
Posted in Develop Your Skill