Now that 0% down financing is a thing of the past, more and more buyers are taking advantage of FHA financing. With FHA financing buyers can put at little as 3.5% down.
You may qualify for FHA financing if you;
The great news about FHA financing is that FICO scores are not nearly as important as they are in conventional financing. A common misconception with FHA financing is that you will not qualify if you make too much money. That is simply not the case. My preffered lender told me last week that he is doing an FHA loan for a client making 400K per year.
Please contact me at 310-383-3314 or brandi@marinadelreyhomesonline.com if you have any questions regarding FHA financing, and as always please visit www.marinadelreyhomesonline.com for instant access to THE MLS!
I brought a client to see The Lofts on Beach yesterday. They are truly stunning, especially for those of us that love living in an open, airy and decidedly white space. It does not surprise me that in only a few months they are down to their last 3 lofts. Two are penthouses at just over 1,800 and almost 2,000 square feet. Prices are $970,000 and $1,080,000. The third is a 2nd floor unit, 1,690 square feet and priced at $799,000.
My favorite of the three is PH 303, located on the north side of the building. It has dark wood floors, a spectacular white kitchen with movable island, high ceilings and an open patio with fireplace that stretches the length of the unit....plenty of space to grow your organic veggies!
Call Brandi at 310-383-3314 to set up an appointment to view these last remaining lofts. To search the entire MLS please visit www.marinadelreyhomesonline.com
The Federal Housing and Economic Recovery Act of 2008 has created a $7500 Tax credit for first time home buyers.
*First time home buyers are those who have not owned a primary residence in the last three years.
*Home must close escrow between April 9, 2008 and June 30, 2009.
*Home must be primary residence, no investment properties.
* Income limits apply.
Please see http://www.federalhousingtaxcredit.com/ for more info. Then, call Brandi at 310-383-3314 to find your first home.
Search the MLS at www.marinadelreyhomesonline.com
10 condos and penthouse units have just been completed on OceanFront Walk in Marina Del Rey.
OceanFront Walk in Marina Del Rey is a small stretch of beach between Washington Blvd. and the Marina inlet. Those in the know call this area The Marina Peninsula. There is so little inventory on the ocean front that this new collection of condos has been anxiously awaited.
The 10 units range from one, two, two plus loft and three bedrooms. The largest three bedroom unit is just over 2,000 square feet. Prices range from $1,250,000 to $2,950,000.
Features include amazing ocean views, beachfront balconies, ocean front master bedrooms, loft like penthouse units with soaring ceilings, hardwood floors and designer kitchens and baths.
Please call Brandi at 310-383-3314 for more information and to schedule a viewing.
For information on other developments and instant access to THE MLS visit www.marinadelreyhomesonline.com
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