When you start shopping for and applying for a mortgage, you will find that you will also be inundated with offers on mortgage life and disability insurance. Do not be tricked into thinking that you have to get your mortgage insurance with the company that is handling your mortgage. (Unless you are talking about purchase mortgage insurance, which is a completely different of wax.)
Daily Archives: June 3, 2009
If you are interested in real estate related topics and are looking for a career that is likely to survive economic ups and downs, you may want to consider becoming a real estate attorney. Real estate attorneys have a vast array of uses, making them in demand even when the housing market itself is in a slump.
Things to consider in a Real Estate Purchase
When Proposition 13 passed in 1978, it extremely limited the ability of local governments to use property taxes to construct public improvements and services. Consequently, California Residents had to find new methods to pay for public improvements in their neighborhoods such as streets, schools, parks, etc. The Mello-Roos Community Facilities Act of 1982 was enacted by the State legislature, the Act enabled Community Facilities Districts (CFDs) to be established by local government agencies as a way of obtaining this critical community financing.