O.C. California Real Estate Blog for DUMMY's

Stay away from them…..believe it or not I was very tempted to stop right here. I feel however that I owe my reader(s) a thorough explanation of my thought process, so let’s start at the beginning.A long, long time ago when homeowner’s stopped paying their mortgage to the bank the bank simply took...

How do I figure out my real estate write-off?Well this is not as complicated as it seems, let me first let me clarify this question. When people refer to a write-off we are talking about the portion of your payment that is interest. The IRS lets you "write-off" this amount from your gross income....

How Much House Can I Afford? Wow, what a great question and hopefully I will give a equally great answer. There are so many variables that go into qualifying for a home loan it is hard to know where to start. Let me begin by getting something off my chest. I do have some beef with those payment c...

“FICO” Secrets How is my FICO score determined?   Payment History………………….………………………………………………………….35% 􀀹 Have past credit accounts been paid on time? 􀀹 Any “public records” or collection items? 􀀹 Details on late missed payments? 􀀹 How many accounts show NO late payments? Amounts Owed ………………………………………...

Wow, I'm a blogger now! I guess that makes you a bloggee. Which is kind of funny because I have a cat named Boggie, so I will try not to confuse the two. I will also try to be as straight forward with my thoughts and opinion's as I can so you (the bloggee, not my cat) can get a true sense of who ...