** Visit http://bayareaconnect.com/buy-a-home-step-1/ to learn the first step to buying a new home **

This is Thomas Feng with Bay Area Connect talking with Joe Lima of Princeton Capital about topics affecting a First Time Home Buyer. This week we are finishing with our series about the home buying process. We will be helping you understand step by step what exactly goes on when you buy a home.

Questions we will be discussing include:

-How does the loan process wrap up?
-What does does the escrow process include?
-What is a HUD-1 statement and what does it include?
-What should you expect at the final closing?
-What types of documents will be signed at a closing
-When are closing costs paid?
-When should the additional down payment be ready?
-What are some important things to do after taking ownership?

Are these video giving you useful information? Please leave any questions or comments under the video.

Visit our Blog at http://bayareaconnect.com to stay updated on how the Real Estate Market is changing in the Bay Area.

Duration : 0:6:15

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** Visit http://bayareaconnect.com/buy-a-home-step-1/ to learn the first step to buying a new home **

This is Thomas Feng with Bay Area Connect talking with Joe Lima of Princeton Capital about topics affecting a First Time Home Buyer. This week we are starting a new series about the home buying process. We will be helping you understand step by step what exactly goes on when you buy a home.

Questions we will be discussing include:

-What is the first thing a buyer should do?
-What is a Pre Approval and what does it contain?
-How do you get a Pre Approval?
-How does a Pre Approval help the buyer?
-What’s after the Pre Approval?
-When should you start looking at houses?
-What are some tips when looking at homes?

Are these video giving you useful information? Please leave any questions or comments under the video.

Visit our Blog at http://bayareaconnect.com to stay updated on how the Real Estate Market is changing in the Bay Area.

Duration : 0:5:0

(more…)

Technorati Tags: 183, AB, Adjustable, Agent, Approval, APR, Area, Assembly, Banker, Bay, Bill, Brokerage, buyer, buying, California, Campbell, Capital, Coldwell, Commission, Connect, Credit, Cupertino, Discussion, DOM, estate, Feng, fha, Finding, first, Fixed, fsbo, home, Homebuyer, house, housing, how, Interest, Interview, listing, Loan, local, market, mortgage, New, Obtaining, open, Points, Price, Princeton, Process, Rate, Rates, real, residential, Saratoga, selling, steps, Sunnyvale, Tax, Thomas, time, to, tutorial

California Real Estate has been eight years up followed by eight years depressed. The cycle shows that you should buy in the year 2014.

Duration : 0:3:47

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Home Staging Tips for Top Dollar Sale of your Home by Susan Botticelli, Realtor, Broker and Home Staging Expert. Susan specializes in residential sales in the Rancho San Diego area of El Cajon, California. Visit www.RanchoSanDiegoLifestyle.com or call (619)441-8473.

Duration : 0:9:42

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Technorati Tags: cajon, California, diego, el, estate, home, rancho, real, san, staging

Want to know why 2012 is the best time to buy a house in California? http://www.rmilending.com

0:01 Right before the new year, President Obama signed HR3630, the payroll reduction tax cut bill. The new law will ensure that millions of american’s won’t see a reduction in their paychecks, the jobless won’t see an interruption in their unemployment checks, and medicare doctors will continue to get paid….for the next 2 months. Hey 2012 is beginning to look better already, right? Wrong!
This is all being funded…on the backs of the real estate industry. For the next 10 years, new mortgages through Fannie Mae and Freddie Mac will have an addition 10 “basis points” or the equivilent to an extra $17 per month on a $200k loan, added to them to fund our government’s overspending. Yes you heard right, the agencies that received over 150 billion in bailout money and are still in trouble, are being asked to collect money to pay off this 2 month band-aid. Higher interest rates are coming, but early 2012 is still the best time to buy a house in California, so it might be wise to take advantage of these low interest rates you see on your screen. Cause we all know, for the economy to recover, real estate must recover, but the fed seems to keep building barriers to that recovery. Happy New Year from your good old Uncle Sam.

1:24 Actor Wesley Snipes already serving 3 years in the big house for tax evasion is now in trouble again. (Quote) and you can put a credit card in his hands, and that don’t mean you’re gonna get paid back. Snipes is being sued by American Express claiming he never paid his credit card bill. Apparently he owes $29k, or the equivilent of the gross of his 2005 movie The Marksman. Yeah, I know he knows karate, but he’s not going anywhere for another year and half. That’s plenty of time for me to move. (Don’t steal home).

2:04 According to CNN Money, one in five baby boomer couples have helped their children buy their first home, and more than 68% surveyed expect to provide downpayment assistance to their children or grandchildren in the future to help them buy their first home. FHA mortgages are perfect if you are a parent who wants to help their college student or young adult a small condo or their first home. Guidelines allow for the 3.5% downpayment to come in the form of a gift from parents, and with the ability for closing costs to be paid by the seller and or the bank, 2012 may be the best time to buy a first home. Who’s the next person that comes to mind right now that is ready to get their adult children out of their house and into their own? Please forward this video to them, and if you are checking us out for the first time, go ahead and hit the subscribe button and leave us a comment below. Thanks for watching, I’ll see you next time.

Duration : 0:3:3

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Technorati Tags: american express, bailout, best time, best time to buy, buy a home, buy a house, California, Down Payment, down payment assistance, downpayment assistance, fannie mae, fha, freddie mac, interest rates, rich iacovetta, rmi lending, tax cut bill, wesley snipes, when should I buy a house