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Find Out Which FORECLOSURES Are Going To Be On The Market, Before The Competition: (800) 656-5334
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Sign Up For My eNewsletter, FREE! There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU. Find Out More > View All Offers >
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The key analysis tools on this website will allow you to search for Real Estate Owned (REO) properties throughout San Diego County! Are you wondering if you should buy now? Interest rates are in the 4% range, and home prices in Chula Vista have dropped 72% in some neighborhoods - what an amazing time to BUY A FORECLOSURE! Some banks are offering incentives to purchase their Foreclosed Homes, and the Housing and Urban Development Agency (HUD), will let owner occupants purchase their homes with a $100 down-payment! Fannie Mae will let investors purchase any of their Foreclosed Homes (1-4 units) with only 10% down-payment, and NO PMI, and NO APPRAISAL, and 30-year Fixed Loans as low as owner occupant rates! Invest today in a cash-flowing home! Click on the MLS button to see all of the homes that REALTORSŪ have access to in San Diego. Better yet, we have access to HUNDREDS of homes that are not on the market yet; these homes have gone through foreclosure, and the banks that own them are preparing them for the MLS. Learn what properties are going to be available, before the competition - Give Us A Call Today! (800) 656-5334  |
Financing Your Home >Home Buyers Education
As the number of mortgage lenders increases, competition forces lenders to get more creative in finding ways to lend people money. This often takes the form of giving homebuyers a "break" in the down payment. The downside of this approach is that statistically, the smaller the down payment, the more likely the borrower will default. Lenders have put together an education program to prevent delinquencies, which fills a much-needed gap in the increasingly complex world of home finance.
Home buyer education classes focus on a variety of money management topics, including all the costs connected with obtaining and owning a home. One lender got together with FANNIE MAE (a government-sponsored loan guarantor) to launch a 3 percent down payment loan which requires participation in this education course. Other lenders have shown a decline in the default rate with five percent loans that are associated with similar education courses.
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Who received the largest land grant ever given to an English subject for only two beaver skins per year?
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| A |
William Penn, the Quaker leader, received Pennsylvania and Delaware to settle a debt owed his father by King Charles II. |
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