About Long Beach's Artcraft Manor

Long Beach Bank Owned Home: Artcraft Manor

Listed below is a home which was recently taken back by the bank and is officially a Foreclosure/Bank Owned/REO property. Over the next few months you will see this home hit the market as active listing.

2421 Granada Ave.

• Single family home: 4/2, 1581 sqft, 6300 sqft lot, built in 1949
• Officially became a foreclosure on April 7, 2010
• Opening and closing bid: $304,669

For additional information regarding bank owned properties or homes for sale please call or text me at (714) 612-0995. You may also email me at GGasparRE@Yahoo.com.

The data being provided is for informational purposes only. Reasonable efforts have been made to produce accurate information which was collected from county sources.

Long Beach, Ca. Many home buyers are concerned about how long they have to be on their job before they purchase a home. Generally speaking, it is required that you work for at least two years in the save line of work. That does not mean, two years at the same job, just two years in the same line of work.

Of course, every rule has exceptions. For example, if you just finished technical school or graduated with a professional degree, the time that you invested in your career counts as job time.

For example, if you were to graduate from the Police Academy, all the months that you spent becoming a cop would apply toward your two year work history. Likewise, if you graduated from College with a professional degree like law, architecture, dentistry or accounting you would also normally qualify to purchase a property assuming that you have immediately been hired after graduation.

If you are on a salary, the actual gross salary per year that you are making will be utilized to caluculate your qualifications. However; if you are on an hourly wage, the average of the last two years will be used to calculate your earnings. For example, if you made $40,000.00 in hourly and bonus income in 2007 and $45,000 in 2008, the banks would only give you credit fro $42,500.00(a running two year average).

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