A federal judge on Nov. 9 sentenced three men to prison for participating in a real estate scheme where they lied on loan and credit applications in order to buy 14 properties across Northern California. One defendant reportedly bought five houses, including one in Elk Grove. “All of these homes were ultimately either foreclosed upon or sold in a short sale,” the U.S. Attorney’s Office reported in a press […]
When you begin looking for a house, you should also begin looking for all the paperwork you’ll need before applying for a mortgage. Here’s a checklist of what you’ll need, and it’s extensive — W-2s, pay stubs, bank statements, tax returns, brokerage statements and more. It’s never too early to […]
The idea of living mortgage-free can be particularly enticing for individuals nearing retirement. At this time, it’s also common for empty-nesters to consider selling the large family home in favor of a smaller property or condo that’s easier to maintain. Homeowners who have lived in a house for a long […]
The journey to buying a house can lead down some perilous roads, past pushy Realtors, self-interested bankers and not-so-meticulous home inspectors. We lay out a step-by-step approach to help you avoid those pitfalls, from what to look for in a house that will truly make you happy to assembling a […]
