Why buy now?

• Interest rates and housing prices are still historically low!
• Investors are jumping in the market in droves – a sign that there are “deals” out there.
• You can get an FHA loan up to $729,750 in Los Angeles County for as low as 3.5% down!
• Many people who used to own homes are now renting. Tenants are having a harder time finding places to rent, and rents have gone up.

 

Home Buying Steps:

 

FIRST Time Home Buyer Programs

Who is a first-time homebuyer?
A first-time homebuyer is someone who has not owned a home in the last three years. That means if you've never owned a home, you're a first-time homebuyer. It also means that if you owned your home three or more years ago, but sold it, you are right back to being a first-time homebuyer.

There are several loan programs and public funds available for first time homebuyers. Here are some links for additional information:

HUD - more info

CalHFA - more info

Fannie Mae - more info

HomePath - more info

FHA Loans - more info

 

Typical Sale Types in Today’s Market:
Please click here to view a comprehensive chart