Great News!

Great news everyone!Great news as the House and Senate pass increases in conforming loan limits! The measure now moves to the President’s desk for signature and approval.  Which is expected next week.Once singed, California conforming loan limit could increase from $417,000 of $729,750.  However, it may take months for lenders to gear up to have [...]

HR 5140

Hi Everyone,  I just got this from a Lender and this is HUGE!!! This should help Buyers get great pricing and help some Sellers sell.Of course there are several conditional words: -temporary increase-as much as $729,750-senate and president must pass Let’s see what happens.  “Yesterday, the US House of Representatives overwhelmingly passed HR 5140 – an economic stimulus [...]

Downpayments Just Got Bigger

Real Estate Down payments just got biggerBuyers in so-called risky areas will need to pony up more cash at purchase time.By Kenneth R. Harney, Washington Post Writers Group February 3, 2008 WASHINGTON — Critics call it the new redlining: Many of the country’s largest mortgage lenders are imposing restrictions on entire counties or ZIP Codes [...]

Feng Shui Book Review

BOOK REVIEW Two new books on the art of feng shui Two new books on the art of feng shui By Amy Hubbard Los Angeles Times Staff Writer January 20, 2008 It wasn’t until I read two new books on feng shui that I realized the mirror facing my living-room window was bouncing good energy [...]