Monday, January 7, 2013
Monday, December 17, 2012
Changes to FHA are in store...
Changes to FHA guidelines with stricter criteria will limit many First Time Homebuyers, as well as, any buyers looking to get back into the housing market that have had a previous foreclosure.
Stricter quidelines include raising the bar regarding credit scores. FHA will soon require a minimum FICO of 620; currently FICO scores considered as low as 580.
Buyers that have had a previous foreclosure looking to utilize FHA financing will be required to wait 7 years and the FHA will require a larger down payment of 20% down. Current wait times for Fannie and Freddie are only 4 years.
In addition, they will reduce the maximum loan limit to $625,000, consistent with FHA’s mission to help low and moderate income individuals to purchase their first home.
Here are a few great deals if you are looking for the Urban Life Style that Downtown San Diego has to offer ~ Let's get MOVING!!!
Downtown San Diego is reaching record sales. A total of 108 Two-bedroom/two bath condos have SOLD in the last 6 months. 2/2's available in 92101....
Horizons - $450,000
Electra - $435,000
Aria - $470,000
Solara Lofts - $450,000
Breeza - $495,000
WATCH THE VIDEO
Search for your New Downtown Dream Home!
Katrina Hamilton
Direct: 858-405-4407
DRE #01410352
Stricter quidelines include raising the bar regarding credit scores. FHA will soon require a minimum FICO of 620; currently FICO scores considered as low as 580.
Buyers that have had a previous foreclosure looking to utilize FHA financing will be required to wait 7 years and the FHA will require a larger down payment of 20% down. Current wait times for Fannie and Freddie are only 4 years.
In addition, they will reduce the maximum loan limit to $625,000, consistent with FHA’s mission to help low and moderate income individuals to purchase their first home.
Here are a few great deals if you are looking for the Urban Life Style that Downtown San Diego has to offer ~ Let's get MOVING!!!
Downtown San Diego is reaching record sales. A total of 108 Two-bedroom/two bath condos have SOLD in the last 6 months. 2/2's available in 92101....
Horizons - $450,000
Electra - $435,000
Aria - $470,000
Solara Lofts - $450,000
Breeza - $495,000
WATCH THE VIDEO
Search for your New Downtown Dream Home!
Katrina Hamilton
Direct: 858-405-4407
DRE #01410352
Saturday, December 15, 2012
Luxury Real Estate Downtown San Diego is Flying off the market!
Here's just a peak at the recent solds in the last few months...
The Grande North - $1,000,000
The Grande South - $965,000
Sapphire Tower - $1,200,000
Pinnacle Musuem Tower - $1,060,000
Bayside - $1,225,000
Park Place - $1,200,000
The Metropolitan - $1,200,000
Harbor Club $1,100,000
www.RealEstate92101.com
The Grande North - $1,000,000
The Grande South - $965,000
Sapphire Tower - $1,200,000
Pinnacle Musuem Tower - $1,060,000
Bayside - $1,225,000
Park Place - $1,200,000
The Metropolitan - $1,200,000
Harbor Club $1,100,000
www.RealEstate92101.com
Friday, December 14, 2012
Tuesday, December 11, 2012
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