Tuesday, October 25, 2016

Loans Specifically For Doctors

I know most people think doctors must be doing quite well in terms of livelihood but fact is, most doctors can be strained by high student loans.  And those can take a very long time to repay.  Unfortunately for them, student loans are one of those forms of debt that can make getting a loan difficult.  But there is a new program out there that can help.  Here are some of the guidelines.

-95% Financing up to $1,000,000 with no mortgage insurance
-89.90% Financing up to $1,500,000 with no mortgage insurance
-85% Financing to $2,000,000 with no mortgage insurance on 2 Units
-Close on your home up to 60 days prior to new employment start date (with an executed contract)
-Eligible professions include Residents, MS, DDS, DO, DS, and Veterinarians
-Student loans may be excluded from the DTI with proof of 12 months deferment/forbearance
– 700 + FICO score required for 89.90% financing, 720+ FICO for 95% financing
– Eligible Properties Types: One Unit Single Family, PUDs, 2 Unit Attached, Condos
– Eligible Products: 5/1, 7/1, and 10/1 ARM with fully amortized payment.
So, if you are a doctor and looking to buy a home, give me a call

Monday, October 24, 2016

How To Find A Home That Is Not Listed To The Public

Shhhhh!! It's a secret.  
I have been very successful at helping both buyers and sellers with pocket listings.  Over the years, I have been able to get a great deal of buyers into homes that were not listed to the public.  In fact, I have another one at this very moment that I found for my buyer.  So, what is a "pocket listing" you ask?  They are homes for sale that aren't listed to the public.  And why would someone want to sell their home and not list it publicly?  Well, there are a lot of reasons.  Such as: Someone may have a small baby or sick family member and they don't want a lot of people in and out of their home.  They may be strategizing the sale of their home in hopes that if they find a buyer who is getting a home that no one else knows about, the buyer will put their best-foot-foward to make the deal happen.  The sellers may be asking to put the home on the MLS but, through word of mouth and close-working relationships, an agent could get a buyer into a home before it becomes listed on the MLS. 

And I have a wide reach of people I know that help me find homes not listed on the MLS.  And it's not just about finding a home that isn't listed...but also getting the other agent to accept my offer rather than putting it out for the public and hoping to get multiple offers.  It's not an easy task.  So, call me if you are ready to find that home that no one knows is out there.  

Sunday, October 9, 2016

Did you hear me on NPR?

Ben Bergman from NPR called me the other day to ask me about sales in Porter Ranch after the gas leak.  He read my name in an article from the LA Times when they called me to ask about the same subject a few months back.  I had a number of people reach out to me telling me they heard me on the segment on the radio.  I've been very lucky to be the go-to realtor in the valley for many media sources like the LA Times, Trulia, Realtor Magazine and more.  Adding NPR to that list makes me very proud and I am blessed that I keep getting the opportunities.  But more so, I work hard to stay on top of what is going on the market in my area.  And when you are looking for a realtor, they should know all the things about the local market and what may be causing a change or any foreseeable changes that may come.  All these media sources trust that I am in-the-know of real estate here in the valley.  So if you are looking to buy or sell your home, give me a call. Listen here (corrected link if you read this before) http://www.scpr.org/news/2016/10/07/65419/home-prices-in-porter-ranch-not-effected-by-gas-le/


Monday, October 3, 2016

Something To Keep In Mind While Trick or Treating This Year

We live in LA where there are a gazillion people.  So, with that many people, there are bound to be some you'd like to avoid especially if they pose a potential threat.  When going out trick-or-treating with kids, please be aware of any neighbors you may have that are on the sexual offenders list.  You can search by radius around an address or using someone's name.  Here is the website https://www.nsopw.gov/en/Search