Realtor & Loan Officer

The California Conservation Corp released this interactive map.  Here's how you can find out if you live in an earthquake hot zone. https://maps.conservation.ca.gov/cgs/EQZApp/app/ In the website, you can plugged in your home address. The pin indicates where your home sits. 我是全職房地產經紀。如果您還有任何貸款 灣區房地產問題 請聯繫：408-386-1530 電郵: kattyrealtor@gmail.com Wechat: katie_w0 DRE#: 02032778 NMLS#:1494343 Googain Inc. dba MaxReal Website:  https://www.kattyrealtor.com/

Unless you can afford to buy a home with cash, you’ll be paying some interest on a mortgage if you decide to go from being a renter to being a homeowner. Paying interest to a bank is no one’s idea of a good time. The good news, though, is that with the mortgage interest deduction the IRS lets you deduct that mortgage interest from your taxable income when you file your tax returns. Currently you can claim this deduction on mortgages worth up to $750,000. This number was set at $1 million until President Trump signed the new tax law in late 2017. Let's say you borrowed $800,000 against your primary residence and $400,000 against your secondary residence. Both loans were used solely to acquire or substantially improve the properties. Together, the loans add up to $1.2 million, exceeding the $750,000 limit under the terms of the TCJA. You can only claim a mortgage interest deduction for the percentage attributable to the first $750,000 you borrowed. Interest associated with

Program Details: Self- Employed . Up To $5 Mil.  650 min Credit Score . One Month Bank Statement Program LTV: 75% Purchase/ 70% Refinance Loan amounts: $150,000- $5mln Owner Occupied Transaction/ First time home buyers SFR / Condo / Townhouse Property Types Program Highlight: 👉Rates as low as at 4.5% - 4.75% (floor rate) 👉5/1 ARM, 7/1 ARM, 30YR Fixed, 40YR IO (fixed or adjustable 👉 Minimum 650 FICo 👉No P&L, 4506T, No Reserves, No MI 👉 Self-employed borrowers (we will need to have CPA letter stating the borrower has been self-       employed for at least 2 years or Business License) 👉 Latest month per bank statement/ No non-sufficient funds/ Positive ending balance 👉For the income, we need to have borrower handwritten the amount he/she makes 👉Cash out is unlimited Program requirement: US residents Twenty four (24) month recent mortgage history required Property condition good/ No rural No Reserve funds required No Charge Offs, collections or ta

Q1 - What is private mortgage insurance? Answer: PMI is an insurance policy you pay for that protects your mortgage lender from financial loss if you stop making your mortgage payments. Note: Your PMI policy insures only your lender against loss; it does not make mortgage payments for you if you're injured or unemployed. Depending on your credit score, your down payment, and several other factors, your lender may require you to have PMI coverage on your mortgage. Q2 - Can I cancel my PMI? What do I need to do? Answer: It may be possible to cancel your PMI policy; but it depends on several factors - including the kind of mortgage you have (conventional, Fannie Mae, Freddie Mac, FHA/VA, etc.), how long you've lived in your home, your payment history, how much equity you have in your home, and several other criteria. Your first step toward cancellation is to submit a written request for your lender to review your loan. Q3 - I've received a bill for my prope

在美國買房，如果房子是townhome，condo， single family home with PUD， 你就必須加入homeowners’ association。 1. 什麽是HOA？ HOA全称是homeowners' association（房主協會）。 費用為$200-$500/月費。房屋越高档，设施越完善，房主協會費用就會越高。 爲什麽要給月費呢？HOA是用于维持公共区域或公共设施-比如社区景观，游泳池，clubhouse，停车场，健身室，人行道屋顶，公共场地等。HOA费用有助于提升社区居民的生活质量，保护所有人的财产安全和房子的美觀。大家需要注意的是除了每月的费用外，如果修建新的屋顶或房子需要油外墻等， 且HOA的储备金不足以支付时，協会將收取额外的费用。那叫Special Assessment。這個費用將會由所有的住戶同时承担。如果你没按时交HOA费用及罚款，违反了HOA的条例后你的HOA也許會有权利将你的房子进行法拍。 2. HOA CC＆Rs 除了缴纳费用，HOA房主協會还制定了一些规定。所有居民都必须遵守CC＆Rs（公约，条件和限制）。在一幢公寓或联排别墅中，HOA制定的规定可能包括你的房屋可以使用什么颜色的前门，是否允许在外面晾晒衣物，饲养宠物的大小等等。在许多方面，这些规则公寓居民們必须遵循。如果你想要打破这些规定，你必须征得HOA同意。如果在沒有得到同意之下進行，那可能你會收到警告信。 3.買房子時，确保你買的房子没有违反现有的HOA 建築商条例/Litigation 買了個有违反HOA条例的房子是件很透疼的事。不管违反条例是因爲業主本人，或房子本身問題或建築商問題，這你都必須瞭解清楚。 因爲房子如有litigation， 貸款方面可能就沒那麽直接。 4. 查看HOA给你的房子买了哪些保险? 这一点非常重要，如果你买的是个condo/ townhome/single family home with PUD，你需要查看你居住的区域有哪些易发生的灾害，如洪水，地震，火灾，海啸等。再看看HOA 的報告，看他們的保險裏包含了些什麽。 這樣你就能知道保險方面，你該買什麽保險，買多買少等。 5. 查看HOA费用包含了什麽? 每個小区都會有不同的HOA费用。因此你需要和HOA協會确认你的

各位業主，關於地稅單 大家不要忘記申請自住房 Homeowner's exemption $7000地稅減免的福利哦！ If you own and occupy your home as your principal place of residence, you may be eligible for an exemption of up to $7,000 off the dwelling's assessed value, resulting in a property tax savings of approximately $70 to $80 annually. Eligibility You must be a property owner, co-owner or a purchaser named in a contract of sale. You must occupy your home as your principal place of residence as of 12:01 a.m., January 1 each year. Principal place of residence generally means where: You return at the end of the day Your vehicle is registered You are registered to vote Your mail is delivered A dwelling does not qualify for the exemption if it is, or is intended to be, rented, vacant and unoccupied, or the vacation or secondary home of the claimant. Filing period and exemption amounts For the year in which you occupy the dwelling on lien date (January 1), the full exemption is available if you file by 5:00