San Diego Loan Blog . Com

Real Estate has Done it Again in San Diego…. Home Prices on the Rise!   Owning real estate in San Diego is still one of the best investments you can make.  As Amy Hahn’s recent post stated:  Real Estate has always been, and still is, one of the Best Investments you can make! From Nov to Dec 2009,...

Get Your Tax Relief and Mortgage Debt Relief in Escondido   If you owe a debt to someone and they forgive that debt, the forgiven/canceled amount might be taxable. The Mortgage Debt Relief Act of 2007 allows taxpayers in Escondido & the U.S. to exclude income from the discharge of debt on their p...

Home Buyers in San Diego, Collect your Tax Credit before it's Gone   Tax Credit Amount? First Time Home Buyers in San Diego can qualify for a tax credit up to $8,000.  Also, those who have owned & occupied a primary residence for at least 5 consecutive years during the last 8 will qualify for a t...

Can you buy a Home with Credit Scores below 720 in Escondido   Yes, you can buy a home with a credit score below 720 in Escondido & CA.  Did you know that the interest rate you get is partly determined by credit scores.  You can buy a home with scores above 620 and still get a reasonable interest...

Taxes You’ll Pay for Owning Rentals in San Diego   If you own a rental home in San Diego, what taxes are you responsible for? First you must know what Real estate withholding is.  Withholding is a pre-payment of California state income tax for any seller owning CA rental property.  Escrow compani...

Experts Predict - Mortgage Interest Rates will Rise in Escondido Based on historical mortgage interest rates, we an be thankful for the 5% to be had in today's mortgage market.  The following excerpts below were taken from various expert opinions, predicting the future of interest rates.  The gen...

Shop wisely for Interest Rates in Escondido   Why you need to shop wisely for interest rates in San Diego.....    How do you shop for interest rates?  Most likely when you shop for interest rates in San Diego, you will either talk with a Bank or with a Mortgage Broker.  There are key differences ...

Dont judge those who Default on their Mortgage or Short Sale in San Diego   During the past 2 years, I have been personally blamed for the current San Diego mortgage crisis.  I let these comments just blow through because I don’t accept a client unless I know he can comfortably afford a mortgage ...

Flood Insurance - Will We Be Forced to Buy in California?     California is being forced to buy flood insurance.  FEMA has been updating their maps with higher flood risk areas.  Because of this, thousands of homeowners in the Los Angeles and surrounding counties including Orange, Ventura, Rivers...

Why You Need to Shop for a Loan Officer     You need to shop for a Loan Officer, because shopping for interest rates is NOT the only consideration in getting a good home loan.  Interview the loan officer and grade him on his answers.  Shopping for a loan officer WILL make a difference. DO’s Does ...