Home Buying in Menifee : Advice

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Manny Ortuno, Real Estate Pro in Murrieta, CA
The average interest rate on a 30-year fixed mortgage is the same as last week, Freddie Mac says.U.S. mortgage rates were little changed, keeping borrowing costs close to the lowest this year as housing… Read more
Blogged yesterday, 4:20pm by Manny Ortuno Home Buying Financing Property Q&A
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Mr. David Mc…, Real Estate Pro in Temecula, CA
July 19th, 1pm-5pmThis Standard Sale home is waiting just for you and your family.Come make it your own. I will be waiting to greet you.Please stop by or refer someone.30154 Whembly Circle, Menifee,… Read more
Blogged Sat Jul 19, 2014 by Mr. David McCloskey General Area Home Buying Home Selling
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Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
I have a short sale 18 months ago when can I buy a home my credit is 730 I have money for 40 percent down tank you for your help
Hello Ruben, you may now qualify conventional ONE DAY after a short sale, foreclosure or deed in lieu with a minimum 660 fico score and 20% down. You may qualify FHA ONE YEAR from a BK, ... more
0 votes Share Flag Wed Jul 16, 2014 Home Buying in Menifee
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
What is the best bank to go through for a VA or FHA Home Loan with a middle score of 588? Spouse has 650 middle score. Buying in Menifee, CA.
Hello Dreamhome, your qualifications will be determined by your credit profile, debt to income ratios, fico scores and which loan program for down payment and closing costs. There is no ... more
0 votes Share Flag Wed Jul 16, 2014 Home Buying in Menifee
gregorylawso…, Both Buyer and Seller in West Palm Beach, FL
gregorylawson.icc answered:
Unreimbursed Business Expenses and FHA Home Loans- UBE subtracted from Income
ICC Mortgage And financial Services, Is a sincere and certified private Loan company approved by

the Government, we give out international and local loans to all countries in the wo ... more
0 votes Share Flag Mon Jul 14, 2014 Home Buying in Menifee
Manny Ortuno, Real Estate Pro in Murrieta, CA
A recent FHA program creates opportunities for borrowers who lost their homes because of lost income.Linda Van Doren works at a Tampa, Florida, area housing counseling center, but back in 2007 the center… Read more
Blogged Wed Jul 2, 2014 by Manny Ortuno Home Buying Foreclosure Property Q&A
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Manny Ortuno, Real Estate Pro in Murrieta, CA
Buying a home can be overwhelming, especially for first-time buyers who might be unfamiliar with all of the detailed steps involved in the process. But investing time now to sort out your goals and devise… Read more
Blogged Tue Jun 10, 2014 by Manny Ortuno Market Conditions Home Buying Property Q&A
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Manny Ortuno, Real Estate Pro in Murrieta, CA
With stretched finances, you might be placed in the uncomfortable position of having to select which bills to prioritize. Can one missed mortgage payment impact your credit? It most definitely can, depending… Read more
Blogged Thu Jun 5, 2014 by Manny Ortuno Home Buying Property Q&A Credit Score
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Peter Alvino, Home Buyer in Murrieta, CA
Peter Alvino answered:
I would like to find a home in Menifee, Murrieta, Wildomar without mello roos
I have yet listed a property that will soon go on the market in Menifee. However, its a senior citizen community and the buyer must be at least 55 years old. Its a 3/2 around 12-1300 ... more
0 votes Share Flag Thu Jun 5, 2014 Home Buying in Menifee
Manny Ortuno, Real Estate Pro in Murrieta, CA
The numbers from the housing sector by and large have been weaker than originally expected during the first months of 2014. A new, revised 2014 outlook from Freddie Mac is out, and we have compared it… Read more
Blogged Fri May 23, 2014 by Manny Ortuno Home Buying Financing Property Q&A
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Manny Ortuno, Real Estate Pro in Murrieta, CA
Mortgage-interest rates have fallen to their lowest level in six months, and may struggle to surpass last fall’s peak by the end of the year. Such a development could be a boon for the housing market… Read more
Blogged Tue May 13, 2014 by Manny Ortuno Market Conditions Home Buying Financing
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Manny Ortuno, Real Estate Pro in Murrieta, CA
You just bought the cutest house in the quietest neighborhood — or so you thought. Unfortunately, you did yourhouse hunting in the winter, and now that the weather has warmed up you’re realizing the… Read more
Blogged Thu May 8, 2014 by Manny Ortuno General Area Home Buying In My Neighborhood
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Manny Ortuno, Real Estate Pro in Murrieta, CA
Flipping is back. That may sound surprising for homeowners who saw their equity evaporate in the recent housing crisis. But data shows that house flippers -- buyers who purchase a home and then resell… Read more
Blogged Thu May 1, 2014 by Manny Ortuno Market Conditions Home Buying Investment Properties
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Manny Ortuno, Real Estate Pro in Murrieta, CA
The FHA Back to Work Program allows a buyer to purchase a home 12 months after a foreclosure, short sale or a deed in lieu of foreclosure. Can you qualify?A consumer who sold his or her home in a short… Read more
Blogged Fri Apr 11, 2014 by Manny Ortuno Home Buying Financing Foreclosure
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Manny Ortuno, Real Estate Pro in Murrieta, CA
Finding a suitable house to buy wasn’t difficult for the Silverbergs, who just moved from a one-bedroom apartment in Brooklyn, N.Y., to a three-bedroom, two-bathroom colonial in Glen Ridge, N.J.Deciding… Read more
Blogged Tue Apr 8, 2014 by Manny Ortuno General Area Schools Home Buying
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Manny Ortuno, Real Estate Pro in Murrieta, CA
Mortgage rates have stayed low far longer than most experts had expected, and could just stay this way for, well, some time. Does it make sense, then, for homeowners to make extra principal payments?… Read more
Blogged Wed Apr 2, 2014 by Manny Ortuno Home Buying Financing Property Q&A
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Manny Ortuno, Real Estate Pro in Murrieta, CA
U.S. mortgage rates for 30-year loans fell for the first time in four weeks, decreasing borrowing costs for homebuyers as the recovery in prices stretched into 2014.  The average rate for a 30-year fixed… Read more
Blogged Tue Mar 11, 2014 by Manny Ortuno Home Buying Financing Property Q&A
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Manny Ortuno, Real Estate Pro in Murrieta, CA
When winter finally ends and the temperatures start rising, it’s a fair bet that the housing market will heat up, too. After all, new-home construction is only a third of what it was in the prerecession… Read more
Blogged Fri Mar 7, 2014 by Manny Ortuno Market Conditions Home Buying Property Q&A
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Manny Ortuno, Real Estate Pro in Murrieta, CA
U.S. mortgage rates for 30-year loans climbed for a third week, increasing borrowing costs as harsh weather contributes to slowing demand for homes. The average rate for a 30-year fixed mortgage was… Read more
Blogged Tue Mar 4, 2014 by Manny Ortuno Market Conditions Home Buying Financing
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Thierry Abel, Real Estate Pro in California
Thierry Abel answered:
I want to rent out my current house and purchase another. Do any lenders take rental income into consideration?
Rtibay,

When Departing Residence is Retained For Rental – We can offset departing residence’s Housing expenses (PITI) with 75% of future lease!

We use 75% of rental survey on ... more
0 votes Share Flag Mon Feb 24, 2014 Home Buying in Menifee
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