Lending

San Mateo County is Seeing Short Sales But Are They Good Buys?

San Mateo County is Seeing Short Sales But Are They Good Buys?

If a property is being sold as a Short Sale it means that the loan on the property is for more money than the property can be sold for. There is… Read more ⇢
New Disclosure Guidelines For Lending May Impact Your Closing Date – San Mateo, CA

New Disclosure Guidelines For Lending May Impact Your Closing Date – San Mateo, CA

It is now critical that your lender is consulted first about potential closing dates for the contract in order to set expectations for everyone involved in the agreement -- that means… Read more ⇢
What Are Credit Scores?

What Are Credit Scores?

When a lender evaluates a loan application, a process called underwriting, they try to evaluate the ability and willingness of the potential borrower to repay the loan. The application the borrower… Read more ⇢
Lilyette Talks About the Federal Reserve Financial Markets Surprises for Burlingame

Lilyette Talks About the Federal Reserve Financial Markets Surprises for Burlingame

Here we go again, with the talking heads on financial news misinterpreting the impact of the Fed’s actions on home loan rates. Here’s the scoop. What the Fed just announced… Read more ⇢
Burlingame Market Report – 3.17.09

Burlingame Market Report – 3.17.09

Last week Burlingame had 63 houses for sale and only saw one sale.  The Median Price for Burlingame single family homes was $1,299,000.  The least expensive house listed was $699,000… Read more ⇢
First Time Buyer How-To Primer

First Time Buyer How-To Primer

The thought of buying a home can be overwhelming if this is your fist time. Its a complex event during which there is much to learn and to consider. How much… Read more ⇢

Moving? Know the value of your home …