DWCaliHomes
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General Information
Locality: Los Angeles, California
Phone: +1 310-560-2672
Address: 3717 S. La Brea Ave, #102 90016 Los Angeles, CA, US
Website: www.dietricwilliams.com
Likes: 91
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Funny but you'd be surprised at home many people take these at face value. But how does this happen? Here's three reasons why. shorturl.at/suyAN
I have a special gift for the 100th subscriber to my YouTube channel. I'm so close! Who wants to help me? Click the link below to subscribe to my channel. https://bit.ly/DIETRIC
Getting pre-approved for a mortgage is important when you decide to purchase a home. Here's three reasons why...you probably never knew about reason #3
The coronavirus "adverse market" fee will now take effect Dec. 1, instead of Sept. 1. If you havent already done so...refi now!
Many people are saddled with student loan debt more than credit card and car loan debt. What can you do if you have student loans and are thinking of buying a home? I'll break down a few things you need to take into consideration and how to maneuver the mortgage landscape in order to accomplish your goals of homeownership.
Coming up with the money for a down payment on a home and/or closing costs can be a challenge. If you have a 401(k), there may be an opportunity to use those retirement savings for buy a home. Catch the entire episode here...https://www.youtube.com/watch?v=myYehKGplnI #firsttimehomebuyer #realtorlife #realestatetips #401k #buyhomes #buyhomewith401k
With so much to consider when purchasing real estate, I thought it would be beneficial to give you 4 proven tips to help you decide on your first home. One of these is vitally important. Do you want to know which one it is?
You want to buy a house! You worked so hard at the strategy of paying off that debt so you can become a homeowner. There's a few things you should NOT do as soon as you slay the debt monster.
Today we take a dive into the state of the economy and the real estate market.
There's a crowdfunding company called Roofstock that allows you to invest in real estate. Roofstock lists homes all over the country and displays your potential return rate. For example, if you invest in a $385,000 home right now with 40% down, you’d see a 5-year return rate of $109,483. On the other hand, if you buy a $45,000 investment property, you could see a total return of $28,377 in 5 years and $295,079 in 30 years. This seems so promising but does anyone see the glaring issue with this example?
DID YOU KNOW: For the first time since March, the percentage of loans in forbearance actually DECREASED week-on-week (slightly down but still down) according to data provider Black Knight. Another interesting stat from this story: roughly 1-in-5 borrowers continued to make their loan payments despite being officially in forbearance. Whats interesting to note is that 90% of homeowners in forbearance plans have at least 10% equity in their homes, which is protecting them fr...om the risk of foreclosure. There are approximately 4.7M homeowners in forbearance right now and 1.4M of those (nearly 30%) were behind on their mortgage payments before the pandemic hit. I believe these numbers will continue to shrink as more businesses open back up and furloughed employees return back to work. Bottom line: if you're putting off purchasing a home because you think the market is going to be ripe full of foreclosures, the data suggest otherwise.
Some good news to share...after rising above 18% for the first time in almost a century, the U.S. unemployment rate has decreased for three consecutive weeks. As of May 16th, approximately 15% of the workforce was unemployed. In California, the estimated weekly unemployment rate declined to roughly 22%