Another Great Idea Heard From A Student Instead of charging a larger deposit (that is tough for some people to pay) tell the renter the normal rent for two people is $2,000. Since you have a dog, we will charge no pet deposit, but the rent would be $2,050 per month. In most cases most […]
The May 2022 MSU covers leaping mortgage interest rates, the surge of new agents in 2021, and the rise of adjustable rate mortgages (ARMs). Click the Share button on the top right of the video player to post the Video MSU to your social media following. May 2022 Monthly Statistical Update PDF Looking for a printable version? Download the May […]
Complaints One of the big responsibilities of the Consumer Financial Protection Bureau is to hear complaints from consumers. In the 21 months ending September 2021 they heard over 700,000 complaints against Equifax, Experian and TransUnion. This is 50% of all complaints received. Obviously consumers are not satisfied with the trio. In 2021 those companies reported […]
It’s The Weather When I was in high school, I remember a Rose Bowl game where Michigan beat USC badly. Then, I went to a movie in a hellacious snow storm. Remembered for many years. Every year when there is sun in Pasadena on the New Year’s day broadcast and cold east of the Rockies, […]
2022 Conforming Loan Limits The Fannie Mae and Freddie Mac Conforming Loan Limits for California have a new high of $970,800 for one-units in ten counties. The other 48 counties vary from $647,200 to $897,000 for Napa. Two-unit maximum is $1,243,050, three-unit is $1,502,475 and four-unit is $1,867,275. The highest limit for 2021 was $822,375 […]
Handwritten letter with pen Love Letters There was a recent column in the LA Times about the practice of a hopeful buyer writing a letter to the seller telling them why they should be selected from the covey of other offers. Many people are doing it. The column was on Sept 25th and written by […]
In our MLO classes we stress that the recent California SB 133 has made building ADU’s (I call them Granny Units) easier and less expensive. You can use them for extra children, senior relatives, or even investment. Check out the bill, it does change a lot of regulations. Following is an outstanding article by Modal […]
Competitive Offers Zillow sure has contact with a lot of prospective buyers. Recently they posted three tips to buyers in a seller’s market. Since we are right now still in a seller’s market we might look at them. Zillow’s estimates today for me are fine so they are today knowledgeable. Submit your offer before the […]
This information is not from some dubious group, it is from Market Watch and our National Association. So with no further comments here are the top ten. Coeur d’Alene, Austin, Springfield OH, Billings, Spokane, Lafayette IN (Purdue), Reno, Concord and Manchester/Nashua NH, Santa-Watsonville. For more info; MarketWatch.com by Jacob Passy
This bill was submitted by Rep Earl Blumenauer (D-OR) and Rep Jimmy Panetta (D-CA) on April 26th. Simple bill, no home for three years, buy one get the credit. For more info: Candyd Mendoza; 4/26/21; MPA.com
