Q. We‘re getting our home ready for sale. Should we have a pest inspection now and it really necessary? A. The state of California and most lenders require that the seller or buyer obtain a Wood-Destroying Pest Inspection Report and Lenders will require an “All Clear” prior to funding. Termites can devastate a dwelling and […]
Several reports that are scheduled for this week could determine whether Bonds and home loan rates can manage a bigger comeback than they did last week. Definitely stay tuned for the Department of Labor’s big Jobs Report scheduled for Friday, which will show the number of jobs lost or gained in July. Remember: The Department […]
A bill passed by the House on Wednesday will assist up to 2 million borrowers in danger of foreclosure by allowing them to refinance their current mortgages with a Federal Housing Administration (FHA)-backed loan. The bill also allocates funding to assist Fannie Mae and Freddie Mac. Most borrowers will receive substantial savings on FHA-backed loans, […]
