October 6th, 2023 at 11:00 am
Moving from one home to another sounds simple in theory. Sell your home, then use the funds from the sale to purchase your new home. However, timing isn’t always on your side in this type of transaction.
What if you find the perfect home but haven’t sold your current home yet? How will you get the money you need? This is the exact scenario where a bridge loan might come in handy.
In the simplest terms, a bridge loan is a short-term home loan used to bridge the time between purchasing your new home and selling your old home. In practice, things get a little more complicated.
This guide will go over different types of bridge loans and talk about some of the pros and cons of this financial tool.
(more…)June 9th, 2023 at 11:00 am
Was the last Southern Colonial-style home you saw in “Gone With the Wind”? Not surprising, since the iconic, boxy, colonnaded genre of architecture is far outnumbered in Southern California by tract, Mid-Century Modern, bungalow, Spanish Colonial, and even Victorian homes. (Perhaps ironic, too, since the Colonial-style mansion of Tara was built and filmed on a Hollywood studio lot.)
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May 19th, 2023 at 9:00 am
Buying a new home is one of life’s most thrilling and exciting experiences, but first, you’ll need to secure funding. For most people, this means taking out a mortgage loan, but another option you should consider is amortization.
(more…)February 10th, 2023 at 11:00 am
When the American Heart Association nominated our president, Martha Mosier, as a 2023 Woman of Impact, our staff and agents immediately stepped up to join her team and accept the Go Red for Women challenge.
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