California

nighborhood pf Doctor Phillips

Expensive Coastal Cities: Buying a Home In High-Cost Locations

Buying And Financing a Home In California or Florida If you are looking to purchase a home in upscale neighborhoods or expensive cities like Los Angeles, San Francisco, and San Diego in California or Winter Park, Naples, and Longboat Key in the Sunshine State understand that mortgage financing is more demanding for homes in these …

Expensive Coastal Cities: Buying a Home In High-Cost Locations Read More »

staircase in luxury home

Low Down Payment Mortgages for Million Dollar Homes

Since January 2008, the minimum down payment of 20% was the mortgage industry norm for mortgages over  the conforming limit of $484,350, also known as jumbo mortgages. In modern times, though, lenders are loosening up the underwriting guideline on jumbos for the 20% down payment  – particularly for those known as HENRYs (“High Earners, Not …

Low Down Payment Mortgages for Million Dollar Homes Read More »

buying vacation home in Santa Barbara

Don’t Overlook These Items When Buying a Vacation Home

There’s a lot more to purchasing a vacation property than simply having another place to getaway to chill out. Whether you choose to buy a detached home, townhome,  condo, or a luxury home with an ocean view — the following are some variables you need to give some thought to: An Extra Debt Obligation • …

Don’t Overlook These Items When Buying a Vacation Home Read More »