Tag Archives: HOA Assistance

Straight From My Email

I have all kinds of reminders in my email and I think these are good things to share. I couldn’t say these in a better way!  The tax incentive has expired, and this news couldn’t have come at a better time to hopefully continue the buying momentum that’s somewhat slowing down. What else could a buyer ask with the interest so low? Why the HOA, too? FHA has a revised guideline that includes allowing buyers to pay sellers’ accumulated HOA monthly dues during the selling process, which could be a deterent in buying condos–just my 2cents logic. Everyone wants this economy to get better….There are just too many holes to seal. Keeping up with the changes is certainly an exercise of Patience.

 
 “The Opening Doors program is available to any qualified buyer who purchases a property located in PWR’s jurisdiction, which represents 26 cities in Central/Northern Orange County and the Southeast Los Angeles County.
 
Including:
Anaheim/Anaheim Hills, Brea, Buena Park, Cypress, Fullerton, Garden Grove, La Habra/La Habra Heights, La Mirada, La Palma, Lakewood, Long Beach, Los Alamitos, Norwalk, Orange, Pico Rivera, Placentia, Rossmoor, Santa Ana, Seal Beach, Signal Hill, Stanton, Tustin, Villa Park, Westminster, Whittier, and Yorba Linda.

PWR Opening Doors…

Did you know qualified first-time homebuyers working with a PWR REALTOR®, can receive up to $7,500 to assist with the down payment on the purchase of their first home.  Applications are now being accepted!! 

Did you know qualified first-time homebuyers working with a PWR REALTOR®, can receive up to $250 a month for a total of $3,000 in assistance towards the monthly home owners association dues for the first 12 after they purchase a home.  Applications are now being accepted!!  …”

I wanted to give the direct link but I’m not sure about the membership privileges…so for more info,  just google PWR.

 

Originally posted @ https://xzyllar.wordpress.com

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Historic Low on Interest Rate

How low can we still go? You tell me! Why isn’t everyone jumping for joy? Do we see a barrage of people rushing to buy houses either? The pendulum swung to the furthest end that even first-time home buyers are still scared to take the first plunge in a shallow pool…even when they can see the bottom. There are still  multiple programs coming up faster than we could find them, even DP and HOA assistance–as there are ever-changing guidelines. This market has somehow leveled the playing field as all Realtors have to learn new terms from HAMP to HAFA…and more. Even SHORT Sales have the LONGest time to wait.

If we look back, we will find that buying a house is always a struggle…like reaching for a dream no matter what unless we’re one of the privileged few. My 83 year-old neighbor, who is now sitting pretty (from my neighborly perspective) on a fully paid house as I struggle with the bursting bubble of my dream, had told me how difficult it was for them to come up with the down payment. Then, every month they would ‘skimp and scrimp’ to make ends meet. They had seen The Great Depression, too…and they survived it! I am not sure what was Great about that Depression when we dread to see it in our time. In her stories, I only envisioned the greatness in her! I still believe in the resilience of the human race.

In the 1930s when they bought their house in Anaheim, it was only an amazing $24K. It had reached more than half a million during the recent market bubble. As a Realtor now, inspired by the collapse of the real estate market, the under $10K  sign was floating before my very eyes for that house when it was first constructed in the 1950s. Where was I then? I must had been in First Grade half-way around the world.

It doesn’t matter anyway…the cycle of life will always be the same. We can’t see the future, and there will always be something that we will be afraid of doing. Rightly so…as we continue to struggle. Fear has a paralyzing effect, and it could let opportunity pass anyone by. It’s never a right time or a wrong time to buy a home, but it has to be right for you! The market could be different for everyone.

 

Originally Posted @ https://xzyllar.wordpress.com