1 – The Local Real Estate Market in Santa Clarita Valley
2 – The happening for the past 7 days of real estate history in SCV
3 – Items to watch out for when it comes to real estate and protecting yourself
There is a certain amount of passion that has to be involved when it comes to representing real estate clients.
In fact, when someone makes it their job, 100% full time, to work as a real estate consultant/representative, they should be the Tops in Passion.
As the Santa Clarita real estate market moves ahead, we see several items that are worthy of your focus.
With hundreds of condos and townhomes that are no longer available to FHA buyers, the 3.5 percent down payment buyers, how is someone expected to buy real estate that only has 3.5% down?
Now, thanks to Fannie and Freddie we have a new player in town with an even cheaper down payment option.
They are offering 3% down payment loans that may just be the answer for the Condo and Townhome buyer that wanted to use an FHA loan.
While I monitor the real estate news several times a day. This story is not in the headlines and I believe more buyers need to be aware of it’s existence.
Of course – this loan is not a “solve all” proposal. There are still items that the “lender” is going to want to have produced that will demonstrate if the “financing” is a good bet or not.
One of those items is known as a Condo Cert!
Make sure you reach out to me when you need more information related to buying or selling real estate.
I’m one of those impassioned Real Estate representatives I spoke about 🙂