Express Multiple Listing Service-NO Charge!
1.Receive listings prior to the local MLS
2.Receive listings that match your criteria as they are posted to the MLS
3.Receive handpicked listings for you to review We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the Desert Area MLS, and even later on the national listings web sites, if at all. You will receive our newest homes and the current listings as they are posted to the MLS that fit your needs. Just fill in the information form below! By signing up to receive our latest listings, we'll send you an email notice instantly -- as soon as our latest homes for sale go online. You'll find out first, before other Palm Springs, Palm Desert, and LaQuinta buyers. There is absolutely no obligation, and this service is free of charge. Don't miss out! Just fill out the form to get started...
Financing Your Home >Home Buyers Education
As the number of mortgage lenders increases, competition forces lenders to get more creative in finding ways to lend people money. This often takes the form of giving homebuyers a "break" in the down payment. The downside of this approach is that statistically, the smaller the down payment, the more likely the borrower will default. Lenders have put together an education program to prevent delinquencies, which fills a much-needed gap in the increasingly complex world of home finance.
Home buyer education classes focus on a variety of money management topics, including all the costs connected with obtaining and owning a home. One lender got together with FANNIE MAE (a government-sponsored loan guarantor) to launch a 3 percent down payment loan which requires participation in this education course. Other lenders have shown a decline in the default rate with five percent loans that are associated with similar education courses.
|
| Q |
What is a "jumbo mortgage"?
|
| A |
The term "jumbo mortgage" currently refers to a mortgage loan in excess of $359,650, although the threshold amount may change as the market fluctuates. |
 See More Real Estate Trivia > |
|
|
|
- NUMBER1EXPERTS™ 
