A federal crackdown on certain no-money-down home loan programs may hurt thousands of cash-strapped home buyers. Concerned about risky mortgages reminiscent of the housing bust, the U.S. Department of Housing and Urban Development recently called for national groups to stop lending down payments to home buyers seeking Federal Housing Administration loans. Buyers who don’t pony […]
Late Sportscaster Dick Enberg La Jolla Chateau lands on market for $9.8M
The longtime home of sportscaster Dick Enberg recently came on the market for $9.8 million. Located just blocks from the beach in La Jolla, an area of San Diego, the property spans two lots. Enberg, who died in December 2017 at the age of 82, purchased the land in 1999 for $850,000. He then built a French-style chateau, which he filled […]
4 Money Missteps to Avoid With Your First Home Flip
So you’re zeroing in on your very first real estate investment purchase: a home with potential that you’re planning on flipping. Congrats! But now it’s time to get to work. Just be aware: Even if you spend weeks, or months, getting your investment property ready to sell, these efforts don’t necessarily guarantee profits. To give yourself […]
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