Join

LATEST POSTS

Housing

Why Do I Need a Realtor If MLS Does the Work?

LC Admin - 0
So you're looking for a new home as a first-time buyer, downsizer, or up-sizer. You've considered new construction, active adult community living, country clubs with all the bells and whistles, and multi-acre ranches. Your real estate searches include multifamily, freestanding houses in open...
First Time Home Buyer

Want to Buy a New Home in 2025? A Step-by-Step Guide to Have You in Your New Home by Year’s End

LC Admin - 0
Tired of throwing away your money on rent? Outgrown your current home? It is time to buy a new home. Before you say that you can’t afford it or you don’t have the time, take a minute to read this– a step-by-step plan...
Finance

Understanding Closing Costs: A Complete Breakdown for Buyers and Sellers

LC Admin - 0
Whether buying or selling a home or simply refinancing your existing mortgage, it is critical to understand the closing costs of this often complicated transaction. Some closing costs can be negotiated between buyers and sellers. You can shop around for some services required...
Finance

Unlocking Supplemental Property Taxes in California for First-Time Buyers

LC Admin - 0
Welcome to the nation’s most expensive market, where $800,000+ gets you the average. As of November 2024, Redfin reported the average median home price up 4% from $827,100 to $827,100.  Life’s most significant expense tends to be taxes. If you’re purchasing a home...
Finance

Adjustable-Rate Versus Fixed-Rate Mortgages: Risks and Rewards

LC Admin - 0
In a high-rate mortgage environment like the one we’re currently experiencing, it can be very tempting to choose an adjustable-rate mortgage (ARM) loan instead of a fixed-rate mortgage loan. The hope is that you get a slightly lower rate for the short term,...
Housing

Is the Worst House in the Best Area Right for My Family?

LC Admin - 0
"Look for the worst house in the best area!" Real estate economists scream it from their virtual "rooftops" at every opportunity, and realtors back them up, telling their homebuyers daily, "Location, location, location, that's all that counts!" Guaranteed, if you're searching for a...
Finance

What to Know Before Buying Your First Home in California

LC Admin - 0
California Dreaming, are we? The challenge is real when faced with the obstacle of purchasing your first home in the nation’s most expensive housing market—a $ 829,700 sticker price on an average median home price in the Golden State. The coastal living of...
Living

9 Reasons Why Irvine, CA, Is a Great Family-Friendly City to Raise a Family

LC Admin - 0
Nestled in the heart of sunny Southern California, Irvine has earned a reputation as one of the best cities in the United States to raise a family. Not only has Irvine been my home for the better part of the last three decades,...
Moving

Top 11 Destinations Californians Are Moving to for a More Affordable Life

LC Admin - 0
California has long been synonymous with dreams of opportunity, sunshine, and success. However, in recent years, an increasing number of Californians have decided to throw in the towel and leave the Golden State, opting to sell their high-value homes and move to more...
Finance

9 Ways to Pay Off Debt and Buy Your First Home

LC Admin - 0
So, you want to buy your first home, however, you have some debt that feels like an immovable mountain standing between you and your dream. Whether it’s credit card balances, student loans, or car payments, that looming debt can make homeownership seem out...
Finance

Understanding Inflation: Its Impact on Everyday Life and the Housing Market

LC Admin - 0
As we prepare to welcome 2025, the term "inflation" has become increasingly familiar, dominating headlines and conversations over the past several years. While many people understand inflation as rising prices, fewer grasp how deeply it can influence major aspects of life—particularly the housing...
Finance

Will Mortgage Rates Ever Drop to 3% Again?

LC Admin - 0
It wasn’t so long ago that homebuyers could lock in jaw-droppingly low mortgage rates—some as low as 3%. For those lucky enough to secure such a deal, it felt like winning the housing lottery. These historically low rates made homeownership more accessible, slashing...
First Time Home Buyer

How to Save for Your First Home in California

LC Admin - 0
Saving for your first home is a big deal, especially in a state like California, where the housing market is as competitive as it is expensive. I’ve called California home since 1997, and I can tell you there is so much to enjoy...
First Time Home Buyer

Your Guide to Buying Your First Home in Irvine, CA: Tips and Insights

LC Admin - 0
Buying your first home is a big deal! It’s exciting, maybe a little nerve-wracking, but ultimately rewarding. And if you’re looking at Irvine, CA, as your new home base, you’re already on the right track. Known for its top-notch schools, safe neighborhoods, and...
Finance

Renting vs. Buying a House in California: What’s Right for You?

LC Admin - 0
Deciding between renting and buying a home in California can feel like picking the lesser of two evils—like choosing between braving Los Angeles traffic during lunch or finding parking in San Francisco during a holiday weekend. It’s a tough call with high stakes,...
1...456Page 5 of 6

First Time Home Buyer

New construction luxury model home exterior

How Much House Can I Afford? DTI Ratio Unveiled

Sean Eliott - 0
You’ve spotted your dream home online—big windows, cozy porch, maybe even a kitchen island that whispers “you’ve made it.” But right before you book...
pre-qualification vs pre-approval

Pre-Qualification vs. Pre-Approval: What’s the Difference and Why It Matters

Sean Eliott - 0
Let’s face it—buying a home is a big deal, and navigating the mortgage process can feel like trying to decode a foreign language. You’ll...
earnest money deposit

What Is an Earnest Money Deposit? A First-Time Homebuyer’s Guide

first time homebuyer

A First-Time Homebuyer’s Guide to Programs That Can Help You Get...

What is the Difference Between a Buyer’s Market and a Seller’s...

Don’t Get Caught in the Flames: First-time Homeowner’s Guide to Wildfires...

RECENT VIDEO

Buying a new home before your current one sells? Feeling stuck in real estate limbo? A bridge loan might be the solution you didn’t know you needed. In this week’s Two-Minute Tuesday, I break down : - what a bridge loan is - how it works - when it actually makes sense to use one. From higher interest rates to short repayment windows, I also cover the potential pitfalls you’ll want to watch out for—plus a real-life example that brings it all together. * Whether you're upsizing, relocating, or timing a tricky move, this quick video gives you the clarity you need to decide if a bridge loan is right for you. --Hit play, learn fast, and avoid costly mistakes! -- Timestamps: 0:00 – Stuck Between Buying and Selling Homes 0:26 – What Is a Bridge Loan? 1:12 – How Bridge Loans Work (Step-by-Step Example) 1:50 – Real-World Scenario: Relocating with a Bridge Loan 2:12 – Who Qualifies for a Bridge Loan? 2:24 – Risks and Downsides of Bridge Loans 3:28 – Market Conditions and Timing Challenges 3:46 – When a Bridge Loan Makes Sense 🎥 Videos You May Like What to know about ADUs : https://youtu.be/DjKujFYHspA The Hidden Takeover: How Zillow & Big Tech Could Control YOUR Next Home : https://youtu.be/cu6izZImh6s #bridgeloan #homebuyingprocess #MovingFinance #realestate #BuyBeforeSell Alex Schult CA DRE License # 02236174 KW Spectrum Properties 📲 Text: 949-726-2601 📧 Email: aschult@kw.com Subscribe for weekly insights into real estate, investing, and navigating today’s wild market. DISCLAIMER: This video content is intended for informational, educational, and entertainment purposes only. Neither Living in California nor Alex Schult is a registered financial advisor, attorney, or tax professional. While we have taken reasonable steps to ensure the accuracy of the information presented in this video, we cannot guarantee that it is free from errors or omissions. Any reliance you place on the information provided is strictly at your own risk. Additionally, your use of the Living in California YouTube channel and any communication through this platform, including but not limited to YouTube comments, emails, or messages, does not establish a formal business relationship with Alex Schult or Living in California. For specific advice related to your real estate, financial, or legal needs, we recommend consulting with a licensed professional in the relevant field.

Buying a new home before your current one sells? Feeling stuck in real estate limbo? A bridge loan might be the solution you didn’t know you needed.

In this week’s Two-Minute Tuesday, I break down :
- what a bridge loan is
- how it works
- when it actually makes sense to use one.
From higher interest rates to short repayment windows, I also cover the potential pitfalls you’ll want to watch out for—plus a real-life example that brings it all together.

* Whether you're upsizing, relocating, or timing a tricky move, this quick video gives you the clarity you need to decide if a bridge loan is right for you.

--Hit play, learn fast, and avoid costly mistakes! --

Timestamps:

0:00 – Stuck Between Buying and Selling Homes
0:26 – What Is a Bridge Loan?
1:12 – How Bridge Loans Work (Step-by-Step Example)
1:50 – Real-World Scenario: Relocating with a Bridge Loan
2:12 – Who Qualifies for a Bridge Loan?
2:24 – Risks and Downsides of Bridge Loans
3:28 – Market Conditions and Timing Challenges
3:46 – When a Bridge Loan Makes Sense

🎥 Videos You May Like

What to know about ADUs : https://youtu.be/DjKujFYHspA

The Hidden Takeover: How Zillow & Big Tech Could Control YOUR Next Home : https://youtu.be/cu6izZImh6s

#bridgeloan #homebuyingprocess #MovingFinance #realestate #BuyBeforeSell

Alex Schult CA DRE License # 02236174 KW Spectrum Properties
📲 Text: 949-726-2601 📧
Email: aschult@kw.com
Subscribe for weekly insights into real estate, investing, and navigating today’s wild market.

DISCLAIMER: This video content is intended for informational, educational, and entertainment purposes only. Neither Living in California nor Alex Schult is a registered financial advisor, attorney, or tax professional. While we have taken reasonable steps to ensure the accuracy of the information presented in this video, we cannot guarantee that it is free from errors or omissions. Any reliance you place on the information provided is strictly at your own risk. Additionally, your use of the Living in California YouTube channel and any communication through this platform, including but not limited to YouTube comments, emails, or messages, does not establish a formal business relationship with Alex Schult or Living in California. For specific advice related to your real estate, financial, or legal needs, we recommend consulting with a licensed professional in the relevant field.

0 0

YouTube Video VVVRbjFhblZiLWZpNU9UYzdVMVR6QVZ3LndneGZPdTd4NUdr

What is a Bridge Loan and When Can I Use One?

Load More... Subscribe
- Advertisement -

Finance

New Builds

Moving

© 2024 Living California Inc. All rights reserved.