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2017 FHA Loan 3.5% Down Payment – The Basics

The Federal Housing Administration offers the infamous FHA loan. FHA loans are primarily known for allowing a low 3.5% down payment on 1-4 unit properties  – even as properties up to a $660,000 purchase price (in Los Angeles and Orange County). FHA loan limits vary per county. FHA is also known as a first-home buyer […]

The Impact of Self-Driving Cars on Real Estate

The future is now. Driverless cars are not only coming soon they are already here! Tesla and Mercedes Benz Car offer some self-driving technology in models for sale right now. The state of California has licensed 27 companies to test driverless vehicles on public roads. Undoubtably, self-driving cars will have an major impact on world […]

The 5 Million Dollar Gift Tax Exclusion

Did you know there is an annual federal gift tax exclusion AND a lifetime gift exemption, which was raised to $5.49 million in 2017? Gift taxes are often a confusing topic. Fortunately, it is not that difficult to explain. Here are a few common questions and answers about the gift tax. What is the gift […]

Good Things to Know About Unpermitted Square Footage

Homeowners love to renovate and add on to their homes. However, occasionally homeowners will add square footage to their house without securing the proper permitting and paperwork. As a home buyer, you need to be aware of how to check for unpermitted square footage, and what it could mean about the property. Here are a few […]