Good fences make good neighbors, especially when they’re in the right place. When you are ready to buy land, recently surveyed land is the best land available. Land surveys are well worth the cost because they precisely show you what you are buying. They also help you avoid the expense of dealing with the responsibility of any surprises found after you buy. 

You can request surveys of varying degrees of information, and there are seven types of land surveys. The more data required for the plans you have for the land, the more your investment in a survey is worth, legally protecting your property rights both now and in the future. Skipping the land survey to save money could become a costly mistake that Orange County buyers regret.

In most cases, a decision to make a land purchase should include obtaining a land survey. If you are in the market to buy, you’ll want to pay attention to these four things you should know about land surveys in Orange County

Boundaries

Where your land ends and your neighbors land begins can come into question when a property is on the Orange County market. Surveys quickly settle any disputes, which you should know about land surveys in Orange County. Should a survey exist from more than ten years ago, or there are older physical markers on the land from past surveys, which can physically move over time, it may be worth paying for an updated professional survey. Using the most up-to-date technology of the day, ensuring you can follow through with the plans you have. Taking steps to procure a survey will provide you with the precise location of the boundary lines.

Footprints

An additional piece of information you should know about land surveys in Orange County is that you should use them to precisely place improvements on the land. A survey will determine  These may be outbuildings, homes or commercial buildings, parking lots, and any number of other enhancements, which add value to the property. For example, property owners without a survey could inadvertently build on another person’s property, believing they are within their boundaries. Buyers can prevent this error by first ordering a survey of the land.

Features

The land features can affect the outcome of the intended use. For example, if the land is lower than the surrounding property, your builder will need to consider drainage. You don’t want to own property in a floodplain, which would mean higher insurance. Surveys can help you avoid land with costly problems lurking below the surface. The physical features and characteristics of land can impact your design and costs, which you should know about Orange County land surveys 

Easements and Utilities

Easements allow access to your land while you maintain the ownership. One type of easement may be that you cross a neighbors piece of land to reach the road. A survey provides you with information regarding the actual placement of pipe or utility lines and any easements. Public workers are allowed access to your land through easements to maintain these public works. Because an easement may limit where you can build or even put up a fence, these are essential factors you should know about land surveys in Orange County. 

The pros at Pellego are here to help! Let Pellego recommend credible land surveyors to bring you peace of mind about your investment. Furthermore, Pellego can help you determine if the land is worth taking corrective steps and how to handle them should there be issues found in the survey. Working with Pellego helps make it easy to understand land surveys in Orange County! Call Pellego at (949) 625-4533 or send us a message today!

So you need to sell your house, and you're aware of unpermitted work on your home. If you find yourself in this situation and are unsure what step to take to get started, you're among many homeowners in the same spot. In any real estate transaction, disclosure is a serious legal matter, and you could find yourself in legal hot water should the work be discovered after the sale. 

Stop worrying! We will explore how to sell a house with unpermitted work in Orange County.

Retroactive Permitting

Unpermitted work should be inspected and brought up to code. These codes exist for the safety of the home’s occupants and surrounding properties. However, homeowners are often overwhelmed by the cost of having the previous work removed and the project completed under a retroactive permit when they want to sell a house with unpermitted work in Orange County. Remember, the county may also charge fees for the unpermitted work, and you could face problems with your insurance company as well. You’ll need to consider the time it will take for the job and the expense of the work itself. In addition, when you're adding up the costs to fix the problems, when you're holding property, time is money. Any mortgage, taxes, insurance, utilities, and maintenance charges will continue to pour in month after month, not to mention the commissions, fees, and marketing expenses you'll face. If you select this route, seek guidance through the complex process of retroactive permitting. Another question to consider is how long the home may be on the market when it is ready to sell. If time is of the essence, consider a direct sale to Pellego because the closing could happen in a matter of days. 

As-Is

Because it may require a tremendous outlay of cash, another option to consider selling as-is to sell a house with unpermitted work in Orange County. When you go about pricing your home, consider valuing the home as if the addition doesn’t exist. For instance, if you find an unpermitted additional office space was added to the house, deduct the value from comparable homes with a private office space. Unfortunately, a great deal of time with the home on the market may have already passed if an inspector discovered the unpermitted work during the inspection phase of a sale. When a buyer seeks financing, and an examination reveals the issue, the lender will deny the loan. Contacting a trusted professional to help you assess how much to discount for the buyer’s problems might help you set an asking price that won’t turn the select pool of buyers you want away. Because direct buyers have the power of cash, the closing is guaranteed when you work with professional investors like those at Pellego. 

Pellego

A direct sale to Pellego is the best option for you to sell a house with unpermitted work in Orange County. At Pellego, we work with simple, straightforward contracts and take the time to listen to the problems you face and offer solutions to help. Then, with the power of cash backing Pellego, you can close in a matter of days or delay the closing if you need a few more weeks to for your plans.  The direct buyers at Pellego will explain every step of the process. Pellego will even explain how much you would realize from the sale if you were to list with a traditional real estate agent or work with us. When you work with a direct buyer from Pellego, our goal is that you agree that our offer is fair for your home as-is. Call Pellego at (949) 625-4533 or send us a message today!

Some homeowners face unique challenges when they’re selling, such as being located on a bustling street. While there isn’t anything you can do about the level of traffic, you can take steps to enhance the property and make it more desirable to buyers, thereby increasing your final sales price. We will discuss how to sell your Orange County house if you live on a busy street. 

The Price is Right

Buyers of today are market savvy, and when searching online, they can quickly assess values. They will simply scroll by your listing if it isn’t in line with similar properties on quieter streets on the Orange County market. Location in real estate is the most critical aspect in terms of long-term value. While living on the main thoroughfare often offers the advantages, such as the convenience of public transportation, there are disadvantages, especially when younger children enter the picture. While the emotional ties you feel to the property add value, if you want to sell your Orange County house and live on a busy street, an experienced agent like those at Pellego can help guide you to the right asking price.

Curb Appeal

While the house is usually the focus when sellers set out to add curb appeal to draw buyers into the property, the approach to selling your Orange County home if you live on a busy street should be quite the opposite. Curb appeal, in this case, should serve to obscure the house from the main road. Carefully planned and attractive landscaping elements, including shrubbery, fencing, or walls, add character as well as privacy. Water features are desirable to buyers and used wisely can also naturally create a sound barrier to decrease traffic noise. Busy streets tend to cause issues when it comes to parking spaces for guests. However, any steps to lessen a potential problem will increase the property’s value in the eyes of a buyer, so consider adding an extra parking area if possible. The pros at Pellego can help guide you to the best steps to take to sell your Orange County home if you’re on a busy street.

Private Sanctuary

While the problem in front of your home might have buyers thinking twice, creating a wonderland that is irresistible in the backyard can counteract any negative aspects of the property. And is another option to help sell your Orange County house if you live on a busy street.

Depending upon the available space and any budgetary restrictions, you can increase interest in the property by adding at-home recreational amenities that also serve to improve your potential profit. For example, consider creating a scenic private garden with water elements or adding a resort-style pool area, making the backyard into an adult and children’s playground. You could even install sound-reducing windows to make the interior more like a quiet sanctuary. 

Pellego

All of these improvements can add up quickly. If you wonder which upgrades are worth the investment and add the necessary interest to sell your Orange County house if you live on a busy street, a professional, like those at Pellego, can help guide you. If you’re not in a financial position to make these changes or don’t have the time available because of personal circumstances, working with Pellego could be the solution you seek. At Pellego, we will go over the profit you would make by listing the home yourself, or with a traditional real estate agent on the MLS, or by selling directly, Pellego helps you compare. Pellego buys houses for cash, as-is at a fair price. To learn more ways Pellego can help you, send us a message or call Pellego at (949) 625-4533.

Much like before diving headfirst into unknown waters, you need to check the depth when you're in the market to purchase land. You should take precautions by performing due diligence to protect yourself and your financial future. 

We will cover five things you need to know before buying land in Orange County.

Location

Purchasing a piece of land is a significant financial transaction. You must take steps to ensure that you will see a healthy return on your investment, the long-term value dependent upon the physical location. Naturally, the intent for using the land must come into play. You should physically walk the property and ensure there aren’t issues with the site that don’t show up in listings or photos, such as less than desirable smells, sights, or sounds in the surrounding environment. No matter why you're buying real estate, Pellego can help you assess the potential value in the future, which is an essential factor you need to know before buying land in Orange County. 

Zoning

Another thing you need to know before buying land in Orange County is if you will be able to use the land for the intended purpose without restriction. Zoning keeps property value high, with compatible uses of land organized in one area, such as the industrial zone, to maintain the general character of a given area of Orange County. Zoning also prevents new development from interfering in the full use and enjoyment of previously existing properties. Often, zoning variances are granted based on lawful nonconforming use, so don’t lose all hope. Just be ready to present your case for a larger building than allowed or use outside the current guidelines.

Access Rights

Accessibility to the property from a public roadway doesn’t always exist, and this is a crucial factor you need to know before buying land in Orange County. Landlocked property, or land with no public right of way, brings with it difficulties that may affect your ability to use the property for the intended purpose. While it’s likely in your best interests to walk away from this piece of real estate, it’s possible to gain access rights. However, it has been the cause of feuds between neighboring property owners. Save time, money, and stress by working with a professional agent like those at Pellego to help you avoid such issues.

Permits

The ability to attain any necessary permits for the development of the property is a legal point you need to know before buying land in Orange County. Suppose you’re hiring a general contractor to build. In addition to building permits, they may need to obtain permits for sewer, water, and even zoning permits may be needed along with others, including any special regulatory issues, such as being in a historic district. Working with experts like those at Pellego makes it easier to help guide you through the process.

Your Finances

Consider any additional costs that may add up. Loans for raw land require more time and paperwork than conventional home mortgages. Your financial ability to see the project through completion is something you need to know before buying land in Orange County.  Knowing all the numbers, you can garner the financing you need upfront, making the process as smooth and stress-free as possible for everyone involved. Investors like the professionals at Pellego are familiar with the time and costs to develop Orange County land and are here to help you reach your goal.

At Pellego, our job is to help you achieve your real estate investment dreams. The professionals at Pellego can help you with everything you need to know before buying land in Orange County. Call Pellego at (949) 625-4533 or send us a message today!

FSBO property listings are one option for homeowners in Orange County. "Let's sell it ourselves and save all of those real estate agent commission fees for ourselves!" Sounds great, right? When it comes to FSBO listings for sale by owner, going it alone isn't always the right move. The process of selling a home is much harder than it would appear. A 90 percent failure rate for FSBOs trying to sell their own home should give you pause, especially with such an important decision. 

When you're ready to select the method you'll use to sell your home, which is likely one of your most significant financial assets, it’s essential to have realistic expectations. We will explore five things you should know about Orange County FSBO property listings.

Time and Toil

One thing you should know about Orange County FSBO property listings take a lot of time and hard work. From scheduling appointments with professionals, such as inspectors and appraisers, through open houses and showing the property over and over, you may come to understand why real estate agents earn such high fees for their services.

Lower Offers

You should also know that Orange County FSBO property listings tend to sell for less than if you had worked with an agent. Agents are on top of their game and understand how important it is to screen potential buyers and market the home properly. They also have excellent people skills. Because they aren’t emotionally involved with the house, negotiations tend to have a better outcome. While your actual advertising efforts are critical in the results, so too is how the home presents during the showing.

Repairs

Repairs are not something you can escape with Orange County FSBO property listings. While you may not be aware of disclosure laws, learning this lesson the hard way could land you in legal hot water. Even if you don’t make the repairs, the buyers are likely to counteroffer with extravagant discounts from your asking price for doing the work themselves.

Legalities and Paperwork

Paperwork. Quite often, sellers decide to work with a professional because the thought of doing all of the paperwork is overwhelming. Homeowners with Orange County FSBO property listings take on a huge responsibility in making sure every contract and form submitted is legit. Failure on this front could mean a deal falls through and will cost you even more.

Holding Costs

You should also know about holding costs and how they can eat away at the profits of Orange County FSBO property listings. Sadly, not having realistic expectations about what it takes in today’s market to sell a home could leave the property lingering on the market. you'll be left with the mortgage payment and all other expenses to keep the property in saleable condition. Even an agent cannot tell you an exact closing date when listing a property on the Orange County market.

The most important thing you should know about Orange County FSBO property listings is that there is another option. Selling directly to Pellego is 100 percent successful for sellers. When you work with Pellego to sell your home, you still get to save the commissions for yourself! Pellego pays cash so that the closing can be in a matter of days. 

We will go over all of the details of your property and any extenuating circumstances that may be pushing you to sell, helping you determine how much you would profit with a traditional home sale or a direct sale to Pellego. At Pellego, our goal is to help you make the most profit on your most important investment, your home. Feel free to ask Pellego any questions you may have with no obligations. Send us a message or call Pellego at (949) 625-4533.

A traditional property listing isn't the only way to sell your house in Orange County. As the population pushes away from larger cities, along with a pool of skimming over the rental phase typically experienced in earlier adulthood, opting for the benefits of more permanent housing with recreational amenities and a more home-based lifestyle driving the current seller’s market. Off-market or pocket listings aren’t marketed to the general public, add the allure of grabbing an exclusive opportunity for buyers, and may garner a higher sales price.

When you sell off-market, you control who knows your home is for sale and when they see it. There are far fewer showings by the very nature of being private, and the buyers who know about the off-market listing are likely to be much more serious about the property.  Listing your property off-market also tends to create an act now or never feeling. 

We will share the inside scoop on how you can sell an off-market property listing in Orange County.

Commissions

Real estate agents love off-market listings because they can market the property exclusively to select clients and collect whatever commission you have negotiated in the contract. Additionally, because other agents in the Orange County market are unaware of the listing, they don’t have to split the commission with anyone else. They will earn the other side of the commission because they are bringing the buyer. You can avoid commissions altogether when you sell an off-market property listing in Orange County to a professional buyer like those at Pellego. 

Prepping or Repairs

Most buyers seek to move into their new home as soon as possible. If your home is older or maintenance and repairs are lacking, you as the seller must worry about passing the inspection and making repairs out of pocket before closing or taking a deep discount off of the asking price. Preparing the home for the showings ahead and making updates is costly. When you sell an off-market property listing in Orange County through a direct sale with a company like Pellego, we buy homes as-is, so there is no more need to worry about repairs or even cleaning up. Pellego takes on all the risk.

Agent Fees

Many agents also charge a fee for transaction processing and other expenses that agents may hide. When you sell your off-market property listing in Orange County to a professional buyer like those at Pellego, they charge no agent fees. There will be no hidden fees to pay at closing; the offer will clearly outline how much cash you’ll receive at the closing.

Time

When properties are listed traditionally through the MLS, potential buyers can track the number of days the property is on the market. A great many days passing indicates to buyers that something is wrong with the property that the listing doesn’t disclose, typically resulting in bargain-basement offers, if any. The number of days an off-market property has been for sale is unknown to the buyer, which is one of the motivating factors behind off-market listings. Instead, sell fast to a direct sales company like Pellego, closing on your private listing can be in a matter of days or whenever best suits your needs.

Pellego makes it simple and straightforward to sell an off-market property listing in Orange County. We make the process easy! When you get an offer from Pellego, we will handle everything, and we can guarantee your home will close fast, often in just a few days. Whether your home is older and needs repairs or you want to limit the number of strangers who come through your home, why not reach out to Pellego and learn more about your options with no obligation. Send us a message or call Pellego at (949) 625-4533.

There is never a better time than now to begin investing in real estate, particularly rental property in Orange County. Because time is money, the longer you are in the investment business, the more secure you will be in maintaining control of your life and living out your golden years in the manner you wish. You can also start working on that bucket list sooner by keeping on top of market trends daily. This intimate knowledge of the Orange County market provides you with the ability to be flexible with your investment plans. Making a move now can put you ahead of the pack of investors in a position to buy. 

Additionally, a significant number of these rental properties are likely to enter the Orange County market and are likely to be sold as fast as they can be listed.  The world of rental properties and affordable housing is changing due to the influx of potential tenants, some with severe credit damage from the loss of work, and are just getting back on their feet. 

Read on to learn these three reasons to invest in Orange County rental property post-COVID-19.

Evictions

Offering a second chance to this population of potential tenants is more than just an opportunity for you as an investor to help people rebuild their lives. Evictions loom on the horizon, and tenants will have no option but to catch up on their rent with a new agreement adding the overdue amount to the monthly rent payment in increments or face eviction. When this happens - people will need new places to rent. The qualifications that stood before COVID-19 will be unattainable for those tenants who have suffered economically, causing an eviction. Offering housing after an eviction is on their record means you can charge a higher rent and require a higher security deposit upfront, which is an excellent reason to invest in Orange County rental property post-COVID-19. You can also set special terms to protect yourself in the agreement, as long as you stay within the legal bounds of your city, state, and federal laws. 

Supply and Demand

Affordable housing is in demand now more than ever. Along with the new tenant pool created by the eventual ending of the eviction moratorium, there is also a shortage of permanent housing available, so many first-time buyers must rent until homes become available. Economic hardships have also delayed would-be homeowners from taking their first steps into homeownership. As housing prices continue to climb, rental rates rise with them, meaning investors are less affected by inflationary fluctuations. Positioning yourself to profit by meeting this growing need is another reason to invest in Orange County rental property post-COVID-19. 

Diversification

People need passive income. It provides a sense of security for the future and a reliable income stream that offers financial freedom because it is not dependent upon your ability to work. Should you suddenly find yourself unemployed, your investment portfolio is there to back you up. Any negative impact on one sector will still leave you holding performing investments if you are wise and have spread your investment risk among varying real estate types.  Diversification is a significant reason to invest in Orange County rental property post-COVID-19. Just as location is of utmost importance in real estate value, diversifying your real estate portfolio is a must, and this requires a well-thought-out investment strategy.

The experts at Pellego can help build passive income and your wealth. Pellego makes it easy to plan your investment strategy. Working with Pellego means working with a team of professionals who understand all of the reasons for you to invest in Orange County rental property post-COVID-19. 

Call Pellego at (949) 625-4533 or send a message to find out how we can help!

It's no secret that it is a hot market right now in the real estate world. Low housing inventory and high demand should mean that your home would sell quickly. Homeowners are often left to wonder why their house just is not selling or even getting any showings when the Orange County real estate market is hot.

Perhaps your home is older, and making the necessary upgrades or repairs is out of the question because of your finances. Buyers tend to seek homes in new or like-new condition and ready for them to move right in. They also tend to make insultingly low offers on homes that are distressed, expecting a bargain. Maybe you have pressing personal circumstances that force you to sell and don't have time for a traditional sale, even in a hot market.

Suppose you're ready to sell now and don't want to invest more into prepping required with a traditional listing. Or maybe you can’t afford to risk lingering on the market, where you cannot guarantee the closing date. In that case, a direct sale eliminates the unknown factors that are a given when you'll sell your Orange County property. 

Read on to learn how to sell your Orange County house in a hot market.

Fair Prices

Avoid listing and all the competition on the Orange County real estate market - sell your Orange County house in a hot market with a direct sale to Pellego, we pay fair prices. We will walk you step by step through comparable homes that have recently sold and all the data used to determine our offer for your property. We also detail all of the costs you would encounter with a traditional listing to compare yourself and decide what sales method is best for you and your circumstances. At Pellego, our goal is to ensure you get the best price possible for your home.

Straightforward

Our process is simple when you sell your Orange County house in a hot market to a professional buyer from Pellego. There is no complicated contract, and there are no hidden fees. At Pellego, we take the time to answer any questions you may have about your written agreement or any other questions, all the way through to closing. Often, sellers have to move twice because their next home isn’t quite ready. Because Pellego will be renovating the house and we are not concerned about the move-in date, we can guarantee closing will be on a convenient date for you.

As-Is

We buy as-is with a direct sale of your Orange County house to Pellego in a hot market, meaning that there will be no expensive repair costs coming out of your pocket before the home sells. you'll not have to worry about discovering hidden problems behind the walls or under the floor when renovations begin. Pellego takes on all of the risks, allowing you to walk away with cash from closing. You don't even need to clean up before you leave. Just pack whatever you want to take with you and leave the rest of your troubles behind at the closing table.

Working with Pellego makes selling easy from start to finish. The professional buyers at Pellego understand that it can be very stressful when you're trying to sell your Orange County house in a hot market. If you prefer to skip all of the headaches of listing, forget all about making repairs and renovations, or if you have no interest in living in a home while renovations and repairs are happening, Pellego is your answer. 

If you have questions about selling your property, the professionals at Pellego will stop everything and listen, taking the time to answer your concerns with absolutely no obligation. Send us a message or call Pellego at (949) 625-4533.

Are you ready to sell your house right now? Listing with a real estate agent who places the house on the MLS is not always the best answer to sell your Orange County house. Often burdened with hurdles that prevent them from moving forward with the traditional listing process, homeowners must seek other options to sell their property. 

For some, serious repairs are looming, and they have no interest in living in the home while the work is in progress. For other sellers, the issue in making necessary repairs or in even prepping for showings could be financial. Showings, which many homeowners would prefer to forego, tend to create stress because of the pressures to keep everything perfect when a home is listed, being at the ready for stranger after stranger to wander through. 

Perhaps you are under a severe time crunch and simply do not have the time to wait for the right buyer to come along. With a traditional listing on the Orange County market, there is no guaranteed closing date, causing many restless nights for Orange County sellers worrying about when their buyer will appear because

Whatever problems you may be facing in selling your home, a direct sale can get you over the hurdle. We will outline how to sell your house in Orange County in 4 simple steps.

Step One - Contact

Reach out. The professional buyers at Pellego will stop and listen. We understand through years of experience that a multitude of reasons exist for selling a home and how they can affect you personally and financially. Our goal is to help you solve your troubles as quickly as possible while helping you select the best method to sell your Orange County house.

Step Two - Learn

When you work with Pellego, we take the time to help you learn about your options to sell your house and how much you have to gain or potentially lose with each. Because we buy as-is, working with the experienced professionals at Pellego means you will not have to pay for any repairs, no touch-up paint is necessary, and you do not even need to clean. And you won’t have the expenses of marketing coming out of your profits. We will lay out the numbers in full detail on how much you would earn if you sold your home with a traditional listing or selling through a direct sale of your Orange County house to Pellego. 

Step Three - Offer

The next step is getting an offer from Pellego that you agree is fair.  There will be no surprises at closing either, professional buyers do not charge commissions, and there are no hidden fees taken off the top at the closing. With the buying power of cash, Pellego eliminates the uncertainty and rampant delays of financing approval for the buyers, inspections, and other complications that go along with conventional listings. You no longer need to worry about how long you will wait or the cost of holding onto the property month after month until it sells.

Step Four - Sold

And the final step is to sell to Pellego in just a few days. Pellego makes it easy. We handle everything from start to finish with our in-house team. Working on your time frame for closing is no problem because we are not moving into the property. We have the flexibility to set the closing date at your convenience; just take what you want, when you want, and leave the rest to Pellego. 

At Pellego, we are happy to help you with any questions you have or concerns about the process with absolutely no obligation. Send us a message or call Pellego at (949) 625-4533.

Funding for real estate deals is necessary for most investors to get started. Experienced investors take advantage of the opportunity to profit from using the funds when necessary to grow their investment business. Loans for investment property are more difficult to attain than for primary residences. However, if you do your homework, you will find a loan program that will suit your needs.

We will explore four loan programs to help you buy investment property in Orange County.

Private Loans

Businesses offering long-term loan programs to help you buy investment property in Orange County, these loans help buyers with less than perfect credit, yet are often accessed by successful investors as well. The lenders profit off of the interest you charge. Standard ranges are from 6% to 14%. The terms can vary, typically 24 to 144 months. The loan terms and interest rates can vary greatly when a private individual makes the loan. These loans may be from a family who want to help attain the benefits of passive income or friends and acquaintances. There is also the option of a “peer-to-peer” loan, typically found online, where you convince a private investor to work with you.

FHA and VA

These are government-backed loan programs to help you buy investment property in Orange County. One caveat of these loans is that the borrower dwells in the property for a minimum period, thereby qualifying for the loan as a primary residence. These programs are for multi-family properties of two to four units, FHA loans requiring only 3.5% down and zero down for a VA loan. Interest rates are lower for these loans. A 30 year fixed FHA is currently 3.250% with an APR of 4.31%, and the 30 years fixed VA is presently 2.500% with an APR of 2.804%. These lower interest rates can help first-time buyers attain homeownership and begin their real estate investment business to build their retirement nest egg.

Fannie Mae and Freddie Mac

These loans conform to financing limits set by the FHA and meet specific underwriting guidelines and require an excellent credit history and a robust income. It is best to have a larger down payment. These conventional loans are a great way to help experienced investors buy more investment property in Orange County. Careful research will show you that these loans are available from many providers at very competitive rates, so it pays to compare. 

Portfolio Loans

Portfolio loan programs are easier to attain, as they are nonconforming, helping people with less than perfect credit buy investment property in Orange County. Experienced investors may also finance several properties under one portfolio loan. These lenders profit from originating loans, as conventional lenders do. However, they hold the mortgages in their portfolio instead of selling them on the secondary mortgage market. The interest rates are higher, varying from nearly 6% to 12%, with loan origination fees of up to 3% and closing costs of 2% to 5% of the borrowed amount. The terms of the loan can vary greatly, depending upon which program you select.

Sound complicated? The experienced professionals at Pellego can help guide you to the loan programs to help you buy investment property in Orange County. At Pellego, we take the time to listen to the hurdles you may be facing. Our team at Pellego is ready. With experts from every walk of the real estate industry, Pellego is on call to help you. Whether you’re a first-time investor or prepared to take your Orange County real estate investment portfolio to the next level, Pellego makes it easy to achieve your investment goals. Send us a message or call Pellego at (949) 625-4533 to learn more.

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