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For the past three weeks, I have been reviewing the different loans that are out there, and what might work best for you. There is the conventional loan, FHA loan, VA loan, and the Home Equity Conversion Mortgage (HECM). Of these four loans, the Home Equity Conversion Mortgage (HECM) is not used to purchase a home. It is generally more of a home equity loan for older homeowners. It does not require monthly payments and…

Introducing #Inglewood Rising: Who’s Who

Written by Thursday, April 14, 2016
This is the first article in a brand new weekly column called #Inglewood Rising: Who’s Who. It is penned by Amanda Anderson, a local contributing writer and former PBS So Cal blogger. Inglewood is presently on the move and for this shift to have taken place, there are stakeholders who have and are pouring great visions, ideas and plans into the city. This new column exist to help spotlight some of Inglewood’s high impact people,…
Unlike many of the other loans I have written about, this week I wanted to talk about a loan that is earned by our nation’s heroes. However, it is under used by many men and women who have risked life and limb to qualify for it. VA loans are home loans for the purchase of a primary residence available to those who have served or are presently serving in the U.S. military. The Department of…
The Rams officially arrived in Southern California on Monday, making football in L.A. a reality once more. With the Rams back in their original home town, fans will want to keep their eyes on the team that made one of the most unforgettable and literal turnarounds in NFL history. Here’s a quick update on the Rams, where they are, when they’ll arrive and what season ticket holders can expect to pay: Where and When Football…
The days of zero-down-payment loans and no-income-verification loans are long gone -- people applying for a conventional mortgage now need three basic elements to qualify: cash, good credit and income. Conventional mortgages are "plain vanilla" home loans. They follow fairly conservative guidelines for: ●Borrower credit scores ●Minimum down payments ●Debt-to-income ratios (Percentage of monthly income that is spent on debt payments, including mortgages, student loans, auto loans, minimum credit card payments and child support) Conventional…
At Tuesday’s council meeting, Mayor James Butts and council members approved payment for videography services covering various city events, custom painting services, and emergency water main repairs. The City also approved a Memorandum of Understanding (MOU) with the MTA for paratransit services in the annual amount of $200,000 between July 1, 2016 and June 30, 2021. Vendor agreements were approved to provide acoustical testing services for residential sound insulation. Three public hearings were set to…

Meet The New City Administrators

Written by Friday, April 08, 2016
How does a city become smarter? How does a city become the largest airport sound-insulation program in the country? After talking with two newly appointed department directors in the City of Inglewood, who are on a path to improve the quality of life for the community, we think we may have just found the answers. Ask anyone who lives or has lived in the community and they’ll tell you about those notorious airplanes. Flying over…

Location, Location, Location

Written by Thursday, March 24, 2016
Real Estate is all about where you live and how that neighborhood is perceived. Does it have a good school system? Does it have nice areas to shop? How safe is the community? Is there a central area where the community and visitors can get together and hang out? All these factors play a big part in the value of your home and the overall strength of your community. This is great news for property…
Tuesday’s meeting began with two proclamations by the Inglewood City Council. April 2016 was declared Donate Life Month in the City of Inglewood, and April 16, 2016 is designated Sally Hemings Day. Donate Life is an organ donor registry that recruits participants through the Dept. of Motor Vehicles. Individuals can request to have their organs donated upon death when applying to renew drivers’ licenses or identification cards. Mayor James Butts read statistics about the shortage…
For close to 6 years, Inglewood Fire Station 172 has had a “Station Closed” sign hanging on its doors, due to budget cuts. On February 25, 2016 the Inglewood mayor and council members approved an amendment to the Fire Services Agreement that made Station 172 operational. On March 1, firefighters removed the “Station Closed” sign to the delight of honking horns, as residents drove by, showing their support of the reopening. Among the team of…
The Inglewood City Council approved the following payments and agreements on Tuesday: •Payment to Buchalter Nemer for legal services in the amount of $15,936.18 •A one-year blanket purchase order with KMK Supply Company for the purchase of various janitorial supplies in the amount of $64,397 •Authorization to pay Western Specialty Contractors for emergency roof and caulking services rendered on the City Hall roof in the amount of $53,659.99 •A lease agreement with the Assembly Committee…
With the economy picking up and the real estate market starting to boom, many of us are caught in a tough spot. Wanting to reach our goal of becoming home owners, only to realize that the price on housing is high and the inventory on affordable housing is low. This is generally referred to as a sellers’ market, which means exactly what it sounds like. All the negotiating power is in the sellers’ hands. This…
The Fabulous Forum has hosted some of the most exciting concerts and awards ceremonies in the country over the last 2 years since its re-opening. This past Saturday night, it hosted one of the slimiest awards shows of all time, the 2016 Nickelodeon Kids' Choice Awards. From the first orange blimp awarded to the final sliming, the fun didn't stop! Some of the highlights from the show included the host of the evening, Blake Shelton's…

Progress Springs Up in Inglewood

Written by Thursday, March 10, 2016
Tuesday’s meeting covered all aspects of a city in the midst of various stages of development: construction projects, grand openings, rising rents and home values. An agreement was amended and another one was newly approved between the City and Pinner Construction Co. The first will amend a prior agreement to allow additional early work construction services in conjunction with the new senior center, to be located at 111 North Locust Street. The second agreement will…
Newly appointed state administrator, Dr. Vincent Matthews, received an overwhelming show of approval at a recent public oversight hearing amid complaints over state control. Matthews is considered highly qualified because he is one of only a few administrators whose work has resulted in a district successfully regaining control after state receivership has taken place. “For local control to happen, we have to have great academics inside of the classrooms, (there) has to be rigorous instruction…
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