Home Buying in Lincoln Heights : Advice

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Alexandra Pa…, Real Estate Pro in Los Angeles, CA
Alexandra Parra answered:
Is there a way to figure property tax, hazard insurance, and mortgage insurance for Lincoln Heights area CA.?
For the property taxes just mulitply 1.25% of the purchase price, for the hazard insurance it should be less than $60 a month but to get an accurate estimate you can contact an insuranc ... more
0 votes Share Flag Tue May 19, 2009 Home Buying in Lincoln Heights
Peter McCorm…, Real Estate Pro in Falmouth, MA
Peter McCormack answered:
Do complete needed rehab homes get loans?
Eddie, ask your lender about FHA 203K loans. These government backed loans require 3% down, but will provide the funds to purchase and rehab the property. The mortgages can only be used ... more
0 votes Share Flag Fri Nov 7, 2008 Home Buying in Lincoln Heights, Los Angeles, CA
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