After October 4, 2010 FHA financing becomes much more expensive for the borrower. If you are planning to use an FHA loan program to purchase a home or refinance your home, it’s economically prudent to move quickly to avoid the increase MIP expense.

There are exactly 65 days left to qualify for the $8000 First Time Buyer’s Credit. You must be in contract by April 30,2010 and close escrow by June 30th. You can buy a home up to $800,000 and have an income as high as $225,000 for a couple or $125,000 for a single person. We have homes to show you, so why aren’t you looking? Seriously. This price range is hot, hot, hot and we are seeing multiple offers, once again, which means you must be out looking every weekend.

The City of San Mateo is the largest housing housing market in our immediate area. With a population just under 100,000 (or more once the census is completed) there is a wide variety of houses to choose from. It offers a good selection of entry level homes, and has one of the prettiest areas with executive homes in the County, San Mateo Park.

I just ran a report to see how the market has been in San Mateo for single family and condo/townhouses this past year. San Mateo has about 90,000 people living in it making it the second largest city in the county. Prices run from entry level condos and houses into many millions of dollars for a huge house.

I am Alex, the other half of the Wilkas Group, and I just earned the Prestigious Designation of CDPE.  That means I am Certified by the Distressed Property Institute to help you determine what are the best options you have for your home if you are having difficulty in making your mortgage payments.
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