Treasury Funds Home Loans, Inc. News & Info

Property Tax Realtor® Resources

Property Tax Relief for California Homeowners

Props 60 and 90: Property Tax Relief for California Homeowners Proposition 60 and Proposition 90 are California laws that provide property tax relief to homeowners who are 55 years of age or older and wish to move to a different home within the state without experiencing a significant increase in their property taxes. Here’s an […]

Mortgage Loans

How a Mortgage Can Improve Your Tax Situation

Maximizing Tax Benefits: How a Mortgage Can Improve Your Tax Situation A mortgage can have several implications for your tax situation, and it typically involves deductions that can lower your taxable income. Here’s how: Mortgage Interest Deduction One of the most significant tax benefits of having a mortgage is the ability to deduct the interest […]

Mortgage Loans

Understanding Common Loan Terms

1. Principal The principal is the initial amount of money borrowed from a lender. It’s the baseline amount upon which interest accrues. For example, if you take out a loan for $10,000, the principal amount is $10,000. 2. Interest Interest is the cost of borrowing money, expressed as a percentage of the principal amount. It’s […]

Buyers Realtor® Resources

Navigating the Home Buying Process in California

Navigating the Home Buying Process in California: A Comprehensive Guide Purchasing a home in California involves several key steps and considerations. Here’s a breakdown of the process: Financial Preparation Assess your financial situation, including your credit score, income, savings, and debt-to-income ratio.Determine how much you can afford to spend on a home, factoring in your […]

Credit Report

A Step-by-Step Guide to Repairing Your Credit History

Repairing your credit history can be a gradual process, but it’s entirely achievable with patience and diligence. Here are steps you can take: By following these steps consistently and responsibly managing your finances, you can gradually improve your credit history and increase your creditworthiness over time. You and Your Credit Everything You Should Know About […]

HELOC Home Improvement Sellers

Boosting Your Property’s Value

There are several home improvements that can potentially raise the value of your home. However, the impact of each improvement can vary depending on factors such as the local real estate market, the condition of your home, and the preferences of potential buyers. Here are some common home improvements known to increase home value: Before […]

Buyers

Benefits of Homeownership

There are many benefits to owning your own home. Here are just a few: Equity Building When you own a home and make mortgage payments, you’re gradually building equity in the property. Equity represents the difference between the property’s value and the outstanding mortgage balance. Over time, as you pay down the mortgage and potentially […]

Appraisals Mortgage Loans

Navigating Appraisal Exemptions

Navigating Appraisal ExemptionsAssessing Property Qualifications with Treasury Funds Home Loans, Inc. Some mortgage loans may not require an appraisal for several reasons: Loan Type Certain types of mortgage loans, such as FHA (Federal Housing Administration) loans or VA (Veterans Affairs) loans, have specific guidelines that may waive the requirement for a traditional appraisal under certain […]

Investment Property Realtor® Resources

Calculating ROI for an Investment Property

Calculating the return on investment (ROI) for an investment property is essential for determining its profitability and evaluating its potential as an investment. Here’s how to calculate ROI on investment property Determine the Initial Investment: Start by calculating the total amount of money invested in the property. This includes the purchase price of the property, […]

Buyers Realtor® Resources

10 Tips for Homebuyers

Key factors for Homebuyers Budgeting Understand your financial situation thoroughly. Determine how much you can afford to spend on a home by considering your income, expenses, savings, and any debts you may have. Use online calculators or consult with Treasury Funds Home Loans, Inc. Credit Score Your credit score plays a crucial role in obtaining […]