FHA home loan after a bankruptcy Federal Housing Administration (FHA) does make home loans after a bankruptcy. That is the good news. The bad news or conditions are a waiting period and establishment of a good credit history after bankruptcy. The Federal Housing Administration home loans insurance programs contains a required waiting period for new FHA home loans after filing bankruptcy. Although bankruptcy is not rare anymore, it still carries a consequence with credit intuition. This stigma leads many who declare bankruptcy to give up and lose hope for home ownership. But recovering from bankruptcy and qualifying to buy a [&hellip

Housing is in Bloom The nation’s housing sector is buzzing like bees in springtime. And indeed, housing has historically boosted the U.S. Gross Domestic Product (GDP) and job creation, which are key stimulators and indicators of economic health. When GDP is referenced in news media, it means the total goods and services produced by labor and property in the U.S. This figure is measured quarterly, and recent figures show that GDP increased impressively at 3.1 percent in the 1st quarter of 2013, up from 0.4 percent in the last quarter of 2012. Sales of previously-owned houses increased three straight months [&hellip

Home Ownership Perks Home ownership has financial advantages. One of the biggest and most recognizable homeowner perk is the mortgage interest tax deduction. This supports home ownership with a tax advantage. Home ownership helps build community and a tax base. Read more at: https://housingsacramento.com/blog/real-estate/homeownership-benefits In addition, assuming the property meets the requirements, property taxes paid for the main resident home and a vacation home are deductible for income tax purposes. Also, as long the home owner occupied the house as a primary residence for two of the past five years, the capital gain up to $250,000 for an individual or [&hellip

  Four Ways to Holding Title in California Real Estate When More Than One Person Holds Title   Holding title in California real estate with more than one person has four main options: Joint Tenancy, Tenancy in Common, Community Property, and Community Property with Right of Survivorship. All have important issues that can make them just right for the situation or just wrong. Joint Tenancy Joint tenancy exists when two or more persons are joint and equal owners of the same undivided interest in real property. Joint tenancy requires four things:  1) The owners must acquire their interests at the [&hellip

  Homes are individual sanctuaries “Homes are individual sanctuaries, places to think, meditate and seek understanding” by life coach Sonia Hassey, emphasizes the value of your home to create an atmosphere of peace and reflection. Finding peace and self-awareness is a deeply personal journey. Sacramento life coach Sonia Hassey takes a deeply personal journey and lets the reader share in her disappointment and failure on the way to peace and understanding. It is an intensely personal read. “Every human being was created for a purpose and everyone has unique gifts and calling to serve in the capacity of their innate [&hellip

3 Tips for Home Based Business Success Valerie Adger writes As most small business owners know, building strong relationships is vital to maintaining a loyal customer base. This is especially true for home-based business owners. Home based businesses are competing with an online marketplace accessible via laptops, desktops, tablets and smart phones.  Mixing business with pleasure and inviting clients into our homes has never been more vital; it sets us apart from faceless companies and sterile storefronts. Appearance is Everything! You can’t make a first impression, twice.  No matter the size of your home or the layout, one thing is [&hellip

Take control of your art   “The days of needing a record label, recording studio or managers are becoming more and more obsolete thanks to technology, audio recording equipment and social media,” says Joe Archie, a song writer and Grammy nominated music producer. Creating your own Sacramento home recording studio can give you control. When you want to record, how you want to sound and the pace of the project are all under your power. The ability to record a full album, and promote yourself is as simple as having the basic set up of a computer, microphone, head phones [&hellip

Sacramento home purchase ripples through all northern California’s economy The ripple effect is a fitting illustration for the impact of Sacramento home ownership on the economy. The positive benefits can be felt throughout the local economy and then reaching out through the whole economy. The result of California home ownership has a very large impact in each neighborhood, town, city, state and through-out the country. This is because home ownership creates jobs like remodeling, landscaping, lawn maintenance, and all the other industries that are connected with owning a home. California Association of Realtors found that each owner generates as much [&hellip

California’s real estate market is improving Sacramento’s real estate market is improving Real estate housing permits grew from last year’s according to The National Association of Home Builders (NAHB). The chart below shows how the different California communities are growing. There is some recent data that housing prices are also increasing. The Sacramento real estate market is a challenging place. It can be a struggle to find that right house because of the low inventory levels. When a house enters the market at a fair price, it is gone sometimes in just hours. Having the right real estate agent monitoring [&hellip

Reimagining the Kitchen: Trends for 2013 By: John Riha Published: January 30, 2013 Today’s kitchen is a quick-change artist that adores families and loves simplicity. If you’re looking to remodel your kitchen, we’ve got good news and bad news. First, the good stuff. According to trend experts Lita Dirks and Dominick Tringali, you don’t have to shell out major cash to add space. Instead, look to expand what you already have. Vault your ceiling, add windows, squeeze in clever storage ideas. Make the space work harder, not bigger. Plus, relax. Casual kitchens are trending, with doo-dads and gee-gaws (think elaborate [&hellip