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  • Why Sellers Choose Diana Rozenfeld - Why home sellers in Studio City, Sherman Oaks, Encino and Tarzana choose Diana Rozenfeld.

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Real Estate Tips
Self Employed >No Problem

There is no doubt about the fact that it could be more difficult for you to get a mortgage loan if you are a free lance viola player than if you are a government accountant. Traditionally, lenders have been more cautious when evaluating loan applications from buyers who are self-employed than from those who work for a regular salary.

If you are self-employed, there is no reason for you to shy away from applying for a home mortgage loan, especially if your earnings have been in the same field for at least two years. Before you begin your search for a house, it is a good idea to meet with an agent of your choice who will be happy to accompany you as you meet with one or more loan officers. They will probably want to analyze your tax returns for the past 2 or 3 years. Because people who are self-employed can write off many expenses that salaried individuals cannot, it is possible that self-employed individuals may look impoverished on paper. Try to get pre-approval from the lender, and ask for a letter to that effect which the real estate agent can attach to any offer you submit on a home. This will make you look more attractive to the sellers.

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Real Estate Trivia
Q 
Where in the United States will you find the largest concentration of million-dollar homes?

A 
There are almost 314,000 million-dollar homes in the United States, and 41% of these are located in California.
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Diana Rozenfeld, REALTOR®, real estate agent and broker for Studio City, Sherman Oaks, Encino and Tarzana, California home listings, property and land for sale - NUMBER1EXPERT

Diana Rozenfeld
Keller Williams Realty

818-312-4902
dianarozenfeld@NUMBER1EXPERT.com
dianarozenfeld@yahoo.com

Specializing in Residential Real Estate. Short Sale certified specialist.

Equal Housing MLS REALTOR


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