Tarzana Realtors

It is believed that Tarzana was named for the movie "Tarzan King of the Apes." Tarzana doesn't have any real affiliation with Tarzan, but Tarzan writer Edgar Rice Burroughs is a famous resident of Tarzana. He owned a 550-acre ranch in the rural area that would become Tarzana, which he purchased from Gen. Harrison Gray Otis. Otis, too, was a famous resident of Tarzana, as he was the founder and publisher of the Los Angeles Times.

Home Buying Tips

If you haven't already, try not to buy a car before you set out on the journey of buying a house. When your loan officer is calculating the loan that he or she can give you, the fact that you have a car payment can severely diminish the size of the loan you receive. Not having a car payment will greatly increase your chances of getting the home of your dreams.

When approving your loan, loan officers look at your debt-to-income ratio, which is how much of your income you spend on debt. This includes house payments, credit card bills and car payments. You might feel that you can handle the payments, but your loan officer may not and he or she alone determines how much money you can get for your loan or if you can get a loan at all.

Try not to make any large purchases right before your apply for a home loan. This includes weddings, jewelry, vacations, furniture and cars. Large purchases like this usually require that you use a credit card, which adds to your debt. This will negatively affect your debt-to-income ratio, which loan officers use as their chief consideration for your loan.