Turning to Mom and Dad to Help Buy a House

September 24th, 2012

Qualifying for a home loan is more challenging in the current economy as lenders have implemented stricter guidelines.  Lenders will most often require a higher down payment before issuing loans to home-buyers.  Do you know what options are available to you and how to make the most of your financial situation?  Barbara Mannino discusses current trends amongst home-buyers and how turning to mom and dad is more common than most people think:

Turning to Mom and Dad to Help Buy a House
http://www.foxbusiness.com/personal-finance/2011/12/20/turning-to-mom-and-dad-to-help-buy-house/

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Buying a home pays off after three years on average

September 17th, 2012

Real estate website Zillow says the ‘break-even horizon’ for potential home buyers varies widely depending on location.

Real estate website Zillow has a provocative data point for every renter thinking about buying these days: That move pays off after just three years on average nationwide.

The company, which lists for-sale and for-rent information on its site, has released a new analysis of what it calls the “break-even horizon,” comparing what it would cost to buy or rent the same home in a number of U.S. markets over time.

In the combined Los Angeles and Orange counties, the magic number is 4.3 years, assuming the buyer has made a 20% down payment. Buying wins out after only 1.6 year in the desert community of Banning. But Newport Beach residents must wait 14 years for buying to make more financial sense than renting.

Read here for more:

http://www.zillow.com/blog/2012-08-02/should-i-buy-or-rent-we-do-the-math-for-you/

 

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The Brandywine Story

September 14th, 2012

 

Brandywine Homes
started out like so many other
companies in America
with an entrepreneur
and an idea.

Decades ago, Jim
Barisic noticed that cities in coastal
Southern California were getting older and more crowded.

People in search of
new homes were moving out.

Jim set out to change that.

In 1994 he founded Brandywine
to help revitalize established communities
and convert wasted space
into needed housing.

Pockets of opportunity existed
where modern homes could replace
outdated strip malls,
parking lots or empty warehouses.

So while most
homebuilders left the cities behind,
Jim set up shop
closer to jobs and extended families
on the Southern California coast.

Brandywine Homes has been
at it through good times and bad.
And we’re not slowing down.

We understand the
value of community, long-term partnerships
and people who deserve quality design,
craftsmanship and service
right in their own
hometown.

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Welcome to the new Brandywine Homes Blog

September 14th, 2012

Please check back for insightful posts and interesting articles.

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BRANDYWINE HOMES’ BATTLE FOR ICE-CREAM CONTEST

September 6th, 2012

Ice-cream anyone?
Vote for your favorite Brandywine community and you could win a $25 gift card to Cold Stone Creamery!
We are proud to announce the “Brandywine End of Summer Tug of War Ice-Cream Contest” on Facebook. This contest is between two of Brandywine’s newest communities: Lemongrass in Fountain Valley and Hampton in Buena Park.
It’s easy to enter the contest…just vote for your favorite community. The participants who voted for the “winning” community will automatically be entered in our Ice-cream raffle: a chance to win a $25 gift card to Cold Stone Creamery.
Hampton and Lemongrass homeowners should vote as well. Tell us WHY you love your home and/or neighborhood and the community (who receives the most votes) will win for the entire neighborhood. If you don’t want to leave a comment, feel free to just vote.
Don’t forget to have your family, friends, co-workers vote.
The prize? The new “Just Chill’n Ice-Cream Truck” will come to your neighborhood and each household will receive a $10 coupon for some ice-cream fun.
Contest runs from Sept. 8, 2012 to Sept. 30, 2012. Let the games begin.
Click HERE to enter.
www.brandywine-homes.com
Brandywine Homes  |  16580 Aston   |  Irvine, CA 92606
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