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Tagged : Orange County Buyers

There are currently 3 blog entries matching this tag.

Orange County Home Buyer Update - 2 Things You Must Know in Today's Market

Thursday, June 17th, 2010 at 11:03am. 150 Views, 0 Comments.

One of the most important aspects of being a successful home buyer in today's Orange County Real Estate market is the lender you choose for your home loan.  Check out this advice from Dave Averell from Dave Financial:

Thirty day escrows are the norm in today's market - especially for REOs and Short Sales - which are dominating the Orange County market today.  You are at risk if your lender cannot meet the time frames in your purchase contract.  The California Association of Realtors Residential Purchase Agreement stipulates that the buyer shall remove the loan approval contingency within 17 days after acceptance, and the appraisal contingency removal period is also 17 days.  Failure to remove the loan approval and appraisal contingencies within the…


Outstanding Orange Condo For Sale - Ready to Move In!

Monday, June 14th, 2010 at 10:48am. 293 Views, 0 Comments.

Check out this video tour - Orange, CA home for sale with delightful patio, upgraded kitchen and bathrooms, and amazing living space.

This 3 bedroom 3 bath end unit condo in Chapman Townhomes has soaring ceilings, amazing natural light, and a secluded garden oasis back yard.  There's a romantic balcony off the master bedroom, which also features a walk in closet with mirrored doors.  Skylights and ceiling fans bring the sunny Southern California climate indoors.  This is a Short Sale - currently one offer submitted to the bank.  Call me for a private tour of this wonderful Orange County home for sale - 949-678-3373. 

 

 

 

 

 

 

 

 


Buy a Fixer Orange County Home with FHA Financing

Thursday, January 7th, 2010 at 12:49pm. 321 Views, 1 Comments.

Buyers who find the perfect Orange County home for sale, but are using FHA financing are sometimes at a disadvantage to other buyers because FHA has certain requirements about the "livability" of the home.  The FHA 203k Rehab Loan program is designed to help people buy a home that needs some work.

FHA 203k Program

 

 

 

Basics of the Program

Essentially, this program allows you to buy a home that is listed for sale below the market price because it needs repairs, and build the cost of those repairs into your financing.

There are obviously a few requirements to qualify for the program.  Here's a quick rundown:

  • The program is for "owner occupied" purchases only - no investors/income properties
  • Single Family homes, Condos (with some restrictions)…