- Joined May 25, 2008
Im talking about the range of 100,000-250,000
Any real estate guys?
Any real estate guys?
Good Luck to you bro, its a lengthy process buts it worth it. If you have any question hit me up.
word, don't be getting a house if all you plan on doing is making the down payment and working for the monthly paymentsOriginally Posted by AllDay AllNight
I hope that you've got some sound logic behind your decision and actually learned something from that sub-prime mortgage bubble that effed us all over.
That being said, if you've got the resources, it's a GREAT time to think about being a new homeowner.
Originally Posted by davidisgodly
you should be able to get a goooooood rate, better than 4.7, US is going into a negative interest rate session.
Originally Posted by dannyv23
Me and the wifey are looking for a house right now. We've already been approved for $375,000 and now just need to find the right house. We're looking in the Downey, Lakewood, Paramount area. Its just crazy the things the things that some people do to their homes, I mean building random bathrooms in the laundry room, making the garage a living space... just stuff that makes you cringe. Its also hard because we're doing an FHA loan so we need to find a house thats move-in condition. Any tips from any souther Cal home owners out there? Our rate that our lendor is giving us is 4.7% which i think is pretty good.
Originally Posted by Beermann2
FHA loan are giving 4.7-5% interest rates right now. Yea you just need 3.5% of the purchase price. To get the best rate, go to a bank. They been giving the best rates(wells, BOA). For conventional loans, the rate is a lil lower, with a 10% down.
Buying a home, you'll get 8k from federal.
Buying a brand new home, you'll get the 8k and 10k from state. nice!
And if you lose your job Board of Realtors of Ca. will pay your mortgage for up to 6 months.
If you buying in River/mo valley. Just have patients cuz a lot of desent looking homes will have mulitple offers.
Yea if you have any questions. hit me up. I'm a Realtor in Rancho.
Davidisgodly- what you're talking about is the rate that the banks lend each other money. Not the same rate.
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