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HotOnSanDiego – Real Estate News & Information For Escondido, Rancho Bernardo, and North County

Things are really changing and the landscape is ever shifting in the financial minefields that potential homeowners are navigating.  However there are many new and positive developments appearing on the horizon lately, not the least of which is a new loan program for those with challenged credit FICO scores between 500-600.  Our amazing in house team at Samuel Scott Financial Group continues to lead the way in helping folks reach solutions to these issues, and successfully buy homes.  Read the...continue reading...

HotOnSanDiego – Real Estate News & Information For Escondido, Rancho Bernardo, and North County

Another great article from our financial guru's at Samuel Scott Financial Group.  They are always on the cutting edge of home financing and continually update us on ways to help our buyers get the best home loans or make terrific investments.  This one may surprise you... it did me but after checking this out this is an amazing opportunity!  We have lots of data and info on SSFG on this website;  just go to the "Hot Loans" tab and it...continue reading...

HotOnSanDiego – Real Estate News & Information For Escondido, Rancho Bernardo, and North County

Wow, another article is out that really shows how affordable housing has become.  We've been watching interest rates and home prices come down so substantially that now it's cheaper to buy than rent in 74% of the country's cities!  Read the article and let us know your thoughts on whether you think it's a good time to buy (and how could you not!). Home prices have taken such a beating and demand for rental units has increased so much that it's...continue reading...

Congress Restores FHA Loan Limits

November 19th, 2011 // Categorized under: FHA, Mortgage News

HotOnSanDiego – Real Estate News & Information For Escondido, Rancho Bernardo, and North County

Two days ago, Congress restored the loan limits for the Federal Housing Administration (FHA) for two years.  As you know, in late September the FHA, Fannie Mae; and Freddie Mac loan limits were reduced in 42 states pricing potential home buyers out of the American Dream of home ownership and holding back the housing recovery. NAR immediately went to work with the goal to get the loan limits restored in Congress. For weeks that goal seemed unlikely. They finally listened. Because we were...continue reading...



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