In the ever-evolving landscape of the real estate market, staying ahead of the curve is crucial for both homebuyers and sellers. In this Spring Housing Market Update for West Hills, we’ll examine into the current conditions, focusing on housing supply and demand, home prices and appreciation rates, and the impact of mortgage rates.
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Calculator Use Tips:
For loan principal & interest payment only, leave property tax and property insurance fields blank.
To calculate CA property taxes & insurance on home purchases, use 1.25% of the purchase price for annual property taxes; use 0.30% of the loan amount for annual homeowner’s insurance estimate.
PMI (private mortgage insurance) applies to Conventional loans with less than 20% down. Ask me for the correct PMI value for your requested loan program and terms. For most loans, use 0%.
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Top 7 Mistakes Homeowners Make When Selling a Home (And How To Avoid Them.)