Entries by Patrick Hanna

Can You Buy Land with a VA Loan?

The VA loan program provides a significant benefit to veterans, active-duty service members, and eligible surviving spouses. These loans, backed by the U.S. Department of Veterans Affairs, offer numerous advantages, such as no down payment, competitive interest rates, and no private mortgage insurance (PMI). However, when buying land, the rules surrounding VA loans can be […]

Real Estate Loan: How to Get a Commercial Loan in California?

Last year, the index of commercial property prices reached 207.61 points, double since 2010. Rising interest rates, increased housing demand, the economy, and various other factors have contributed to the rise of this cost over the years. Construction costs for a particular project depend on several factors, such as land, size, value, and location. In […]

Can You Buy a Foreclosure With an FHA Loan?

Federal Housing Administration loans, or FHA loans, are backed by the government and made available to potential homebuyers with little or non-existent cash reserves or credit score limitations. Foreclosures, not just homes sold by their owners, deserve your attention when you search for a property for sale. After all, FHA loans offered by our FHA […]

Are Real Estate Broker Fees Tax Deductible?

Understanding whether real estate broker fees are tax deductible can help homeowners and investors maximize their tax benefits. Here’s a breakdown of how these fees are treated under U.S. tax law. What Are Real Estate Broker Fees? Real estate broker fees, also known as commissions, are payments made to real estate agents for their services […]

Who Pays Mortgage Broker Fees in California?

When you’re navigating the complex world of home buying or refinancing in California, understanding who pays the mortgage broker fees can be crucial. Mortgage brokers play a vital role in securing the best loan terms for borrowers, but their services come at a cost. Here’s a comprehensive look at who typically pays these fees and […]