Teresa Tims's Blog

The Transistion Assistance Program is another great program brought to you by the Keep Your Home California Organization. The program is designed for homeowners who have come to the difficult decision that a deed-in-lieu, foreclosure, or short sale may be their best or only-option. The Transition...

Today I will share the Principal Reduction Program part of the Keep Your Home California Program. Qualified homeowners can get a maximum of $100,000 from the Principal Reduction Program to reduce the principal balance owed and lower their monthly payments.This program is designed for homeowners w...

Keep Your Home California Programs. A $ 2 billion, federally funded mortgage assistance program started in February 2011 - has helped 22,000 families keep their homes since 2011. Keep Your Home includes four programs, each aimed to help struggling low-to-moderate-income homeowners. Eligibility is...

Refinance even with bad credit? Say's who? Says ME! There are lots of way someone sporting a low credit profile CAN ACCESS LOW RATES. Watch this video to find out how. Teresa Tims theSoCalLoanPro.com has been helping people since 1998 in California access the best programs available for thier par...

Hello everyone! Check this video out of all my past clients and all the great things they have to say about my services. One of my clients Andrea is a seasoned investor. She has had many hard transactions where other lenders failed I was able to step in and get the deal closed. Tina is a past cli...

Today I would like to share with you how you can refinance your home with ZERO equity. If you have a home that exist within the USDA boundary lines, you may be able to qualify for a low interest rate with very low monthly mortgage insurance as long as its in a qualified zone. Most of the qualifie...

In this weekly update I will be talking about the 25 billion Debt Settlement Act. The 25 Billion Debt Settlement Act went into effect last year you can get more details on www.NationalMortgageSettlement.com. The agreement settles federal and state investigations of the foreclosures that were happ...

I always get asked this question . . . what are closing costs? and are closing cost are necessary? Closing costs are a part of all real estate transactions. My easiest explanation for closing costs are that they are two-fold. The first part of closing costs are third-party legal fees.These things...

You may have heard people talk about the lack of homes to buy in Southern California. Well they are not exaggerating, the lack of inventory is a "Hot Mess". It is virtually shutting out the Average American from purchasing a home and taking advantage of low prices and low rates. This is like 2004...

Today i will share with you how to papertrail gift funds. Gift funds are allowed in many transactions, however they are a delicate thing to track and source. Don't worry because I Teresa Tims, TheSoCalLoanPro.com am an expert and gift funds. There are a couple of things you need, first you have t...