FILAM FINANCE

We are not buying a house yet but it is really nice to check out the real estate market. We’ve been looking at the homes of the city that we used to live at: West Covina and Walnut. There are a couple of houses that caught our attention and both houses are in the same […]

I have a couple of friends that are working here as a Telecom engineer. They install and configure different cell sites from all over the United States. There are a lot of traveling involve and the hours are very flexible.
As far as travel expenses, the company that they work for is providing them a per […]

I am not sure what Shaquille O Neal is thinking but I guess he really wanted to help people that are facing foreclosure in Orlando, Florida. Shaq wants to buy the mortgages of the people who are having trouble with their payments because of the rate adjustment coming up. He will then turn around and sell […]

One thing that is very common in the area that I live in is the fact that there are a lot of real estate for-sale signs on the streets. On one block alone, there are probably at least five for-sale  and open-house signs. With the real estate market on a slump, thousands of homes are […]

I recently attended a baby shower of one of my friends. He and his wife is having their third child. They used to live in the city of Baldwin Park and now they live in the city of Whittier. At first, I though that they already own the house but he says that he is […]

I’ve been walking to work and everyday I passed by this house that is being remodeled for the last couple of months. It was bought in November 2007 (it was a FSBO - for sale by owner) for $400,000. The owner have done a lot of changes from changing the floor into a hardwood, remodeling […]

I’ve been checking the real estate market to see some of the new listing. There are quite a few homes where my sister lives where the prices are around $250,000 for a four bedroom home. I calculated how much the monthly using an Excel spreadsheet and the PITI is around $1,745. If you factor in […]

I am really surprise to see a real estate investor flipping houses in this housing market. Five months ago, I saw a house a few blocks from my apartment at the corner of Wiley X St. and Paramount Blvd. The sign was “For Sale By Owner.” It was sold in only six months so I […]

If you are one of the homeowners who are trying to tap into your home equity line of credit (or HELOC), you might be in for a big surprise. Countrywide and other lenders recently announced that those homeowners can no longer borrow against their credit lines as the companies tighten credit standards. The moves to […]

With a lot of foreclosures going back into the market, would-be buyers would be thinking, “Is this a good time now to get in?” There is nothing wrong with looking around and checking out the real estate market. In fact, if you are really looking to buy a house, then this might be a good […]