Blog | Gibson International » Real Estate in the News http://gibsonintl.com/blog Luxury Real Estate in Los Angeles Wed, 25 Jan 2012 22:26:39 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Exciting News! FHA Loan Limit Increase http://gibsonintl.com/blog/exciting-news-fha-loan-limit-increase/ http://gibsonintl.com/blog/exciting-news-fha-loan-limit-increase/#comments Wed, 16 Nov 2011 19:52:15 +0000 HayleyGibson http://gibsonintl.com/blog/?p=2720

Great news! Congress passed a compromise bill yesterday to temporarily reinstate the FHA loan limit to $729,750. This limit applies to high-cost areas, including Los Angeles and Orange counties. The increase is expected to become law and will be effective for FHA loans funding through 12/31/2013. FHA loans, compared to conventional, provide for smaller down [...]]]> First Capital MortgageGreat news! Congress passed a compromise bill yesterday to temporarily reinstate the FHA loan limit to $729,750. This limit applies to high-cost areas, including Los Angeles and Orange counties. The increase is expected to become law and will be effective for FHA loans funding through 12/31/2013.

FHA loans, compared to conventional, provide for smaller down payments, lower credit scores, and higher debt-to-income ratios. This increase should open a door for buyers looking in the $700,000 to $900,000 price range that were previously shutout in the fall.

At this time the conforming limits for Fannie Mae and Freddie Mac remain at $625,500. If information becomes available regarding changes to these loans we will let you know.

For additional information please contact our  fantastic mortgage partners at First Capital Mortgage, Dan Mill Stone and Eric Singer (contact info below):

Dan Millstone
(310) 295-7475 – Direct
(310) 295-7476 – Cell
dmillstone@firstcapitalmtg.com

Eric Singer
(310) 656-8269 – Direct
(310) 721-6105 – Cell
esinger@firstcapitalmtg.com

]]> http://gibsonintl.com/blog/exciting-news-fha-loan-limit-increase/feed/ 0 Just listed for lease! 450 SAN… http://gibsonintl.com/blog/just-listed-for-lease-450-san/ http://gibsonintl.com/blog/just-listed-for-lease-450-san/#comments Thu, 10 Mar 2011 19:42:39 +0000 GibsonIntl http://gibsonintl.com/blog/just-listed-for-lease-450-san/ Just listed for lease! 450 SAN VICENTE 303, Santa Monica- $3,400/mo. Listed by Angela Forgo.http://ow.ly/4bVzb

]]> http://gibsonintl.com/blog/just-listed-for-lease-450-san/feed/ 0 Short sales fluster California… http://gibsonintl.com/blog/short-sales-fluster-california/ http://gibsonintl.com/blog/short-sales-fluster-california/#comments Tue, 08 Mar 2011 20:10:04 +0000 GibsonIntl http://gibsonintl.com/blog/short-sales-fluster-california/ Short sales fluster California Realtors http://bit.ly/htXMYH

]]> http://gibsonintl.com/blog/short-sales-fluster-california/feed/ 0 We have five open houses today… http://gibsonintl.com/blog/we-have-five-open-houses-today/ http://gibsonintl.com/blog/we-have-five-open-houses-today/#comments Tue, 08 Mar 2011 18:50:47 +0000 GibsonIntl http://gibsonintl.com/blog/we-have-five-open-houses-today/ We have five open houses today. Please stop by between 11AM- 2PM. http://ow.ly/4ahoK

]]> http://gibsonintl.com/blog/we-have-five-open-houses-today/feed/ 0 Just listed! 2498 MANDEVILLE C… http://gibsonintl.com/blog/just-listed-2498-mandeville-c/ http://gibsonintl.com/blog/just-listed-2498-mandeville-c/#comments Tue, 08 Mar 2011 18:40:47 +0000 GibsonIntl http://gibsonintl.com/blog/just-listed-2498-mandeville-c/ Just listed! 2498 MANDEVILLE CANYON RD, Brentwood – $1,995,000. Listed by Susan Stark. Open today 11AM-2PM. http://ow.ly/4agbK

]]> http://gibsonintl.com/blog/just-listed-2498-mandeville-c/feed/ 0 First Republic says luxury hom… http://gibsonintl.com/blog/first-republic-says-luxury-hom/ http://gibsonintl.com/blog/first-republic-says-luxury-hom/#comments Tue, 08 Mar 2011 17:59:26 +0000 GibsonIntl http://gibsonintl.com/blog/first-republic-says-luxury-hom/ First Republic says luxury home prices rose in Q4 http://bit.ly/evVPws

]]> http://gibsonintl.com/blog/first-republic-says-luxury-hom/feed/ 0 First-time buyers turn fussy a… http://gibsonintl.com/blog/first-time-buyers-turn-fussy-a/ http://gibsonintl.com/blog/first-time-buyers-turn-fussy-a/#comments Sat, 05 Mar 2011 18:14:34 +0000 GibsonIntl http://gibsonintl.com/blog/first-time-buyers-turn-fussy-a/ First-time buyers turn fussy about ‘move-in ready’ homes http://bit.ly/fXvypo

]]> http://gibsonintl.com/blog/first-time-buyers-turn-fussy-a/feed/ 0 We have 15 open house this wee… http://gibsonintl.com/blog/we-have-15-open-house-this-wee/ http://gibsonintl.com/blog/we-have-15-open-house-this-wee/#comments Sat, 05 Mar 2011 00:54:14 +0000 GibsonIntl http://gibsonintl.com/blog/we-have-15-open-house-this-wee/ We have 15 open house this weekend. Come visit! Brentwood, Santa Monica, Marina del Rey, Pacific Palisades… http://tinyurl.com/4ttgqwc

]]> http://gibsonintl.com/blog/we-have-15-open-house-this-wee/feed/ 0 Luxury condo tower is planned … http://gibsonintl.com/blog/luxury-condo-tower-is-planned/ http://gibsonintl.com/blog/luxury-condo-tower-is-planned/#comments Fri, 04 Mar 2011 18:50:04 +0000 GibsonIntl http://gibsonintl.com/blog/luxury-condo-tower-is-planned/ Luxury condo tower is planned on Santa Monica Boulevard http://ow.ly/47XVC

]]> http://gibsonintl.com/blog/luxury-condo-tower-is-planned/feed/ 0 Overlooked tax deductions for … http://gibsonintl.com/blog/overlooked-tax-deductions-for/ http://gibsonintl.com/blog/overlooked-tax-deductions-for/#comments Fri, 04 Mar 2011 15:37:57 +0000 GibsonIntl http://gibsonintl.com/blog/overlooked-tax-deductions-for/ Overlooked tax deductions for real estate professionals http://ow.ly/47Xla

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