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Frequently Asked
Questions
Q. Why is the Inland
Empire (California) growing so fast?
Q. How can I make Real Estate investments
through Empire Capital Group?
Q. What is a Buyer’s or a Seller’s
market?
Q. Can I get qualified having a low credit
score?
Q. When is it the perfect time to restructure
my home loan?
Q. What is the best mortgage program?
Q. Why would I want ARM vs. a Fixed Rate?
Q. How long will it take to apply and
close a loan?
Q. Why is the Inland Empire (California) growing
so fast?
Between 2002 and 2015, the Inland Empire is forecast
to grow at a rate of 38.9%, the highest growth rate
in the state. There are many reasons behind the growth
of the Inland Empire.
The Inland Empire’s numbers are so strong because
of the area’s strategic advantages to businesses
and individuals. Jobs are also coming to the area,
as businesses are drawn by lower labor costs, less
costly space, and excellent infrastructure and transportation.
The Baby Boom is causing a rapid growth in the population;
therefore we need more land and housing in order to
develop.
Q. How can I make Real Estate
investments through Empire Capital Group?
Our professional Investors can show you the areas
of rapid growth, thus presenting you with the future
plans and up-to-date statistics of the area you will
be able to make the right decision in order to make
a high return on your investment.
Q. What is a Buyer’s
or a Seller’s market?
*As a buyer in a Buyer’s market you will find
a wide assortment of houses from which to select.
Buyers usually have more leverage in negotiating a
purchase. As a seller in a buyer’s market it
is extremely important to price your house appropriately
in order to sell.
*In a seller’s market the demand
is over the supply which can cause increase in house
prices. At this level, while buyers are not in absolute
control of the market, if sellers prepare the house
well and price it right, they'll find multiple buyers
at the door;
Q. Can I get qualified having
a low credit score?
Absolutely, we specialize in all credit ranges and
income types. For a further one-on-one free consultation,
contact our corporate office at 1-888-324-7981.
Q. When is it the perfect
time to restructure my home loan?
The perfect time to restructure your home loan is
when it is a benefit to you as a homeowner and investor.
We never advise our clients to restructure their current
home loan when it is not a benefit to them.
Q. What is the best mortgage
program?
All loan programs are based on your personal situation.
While many factors are taken into consideration, your
financial capabilities, income status, and previous
rental/mortgage history will provide you with the
best program specifically tailored to you and your
family. The best way to find the 'right' answer is
to discuss your finances and your preferences with
one of our mortgage experts with a free consultation.
Q. Why would I want ARM vs. a Fixed Rate?
An ARM (Adjustable Rate Mortgage) typically allows
you receive a lower interest rate which equals to
a lower payment than a fixed rate loan. If you are
planning to move within a few years, you can save
money with an ARM, however if your goal is to stay
in your home for the foreseeable future a Fixed Rate
Loan is the better solution.
Q. How long will it take to apply and close
a loan?
As each transaction is different, the current home
loan restructuring will take 2 ½ weeks and
a 30 day escrow on a new purchase will take 30 days.
*I hope our Frequently Asked Questions
have shed some light and have given you up-to-date information.
In our quest to provide excellent customer service
and, if you have any questions, comments or ideas,
feel free to contact us at our corporate office at
1-888-324-7981 or email us at info@empirecapitalgrp.com
-Jeremy D. Hakimi, Owner / Broker
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