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Why this article matters: California’s legislature is encouraging the development of Junior accessory dwelling units (JADUs) in answer to the statewide housing shortage. By relaxing owner-occupancy requirements, JADU numbers are likely to rec...
Why this article is important: Natural disasters are a part of life in California, and residential rental properties in the area of the disaster are directly affected. Tenant-occupied residential properties adversely affected by the disaster du...
Key Takeaways
You don’t need perfect credit or a huge down payment – many loan programs are flexible for first-time buyers.
Lenders look for steady income, manageable debt and documentation before approving a mortgage.
Preapproval, i...