5 Things You Need to Know Buying a home in San Bernardino, Riverside or any other County can be scary, especially for 1st time buyers. However, if done correctly and with the right Realtor, like Ana Thigpen, it can be financially rewarding and well worth the time and energy necessary to complete the process. Hold onto your home for two years! If you sell after 24 months, you’ll be exempt...
10 Ways to get the Best Deal If your house is priced right, kept clean, bright, upgraded properly and you have selected the right Realtor to represent you and your home, you are well on your way to making a great deal. Selling Secret #10: Pricing it right Find out what your home is worth, then shave 15 to 20 percent off the price. You’ll be stampeded by buyers with multiple bids even in the worst...
Solar and Energy-Efficient Improvements HERO/PACE Programs Real estate agents and mortgage professionals are warning of potential roadblocks with a program that finances solar and energy-efficient improvements to Inland homes. The hurdles could involve lost sales and problems at escrow for homebuyers, lenders, real estate agents and sellers. The Home Energy Retrofit Opportunity, or HERO, program was...
3 Reasons Sellers Shouldn't Fear Disclosures There is no reason for sellers to stress about accurately and completely filling out disclosure statements. To disclose or not to disclose — that is the question. Actually, that isn’t the question. There should be no question in a seller’s mind whether to disclose an item or not. The short answer: If you’re aware of an issue, disclose it. But...
The City of Chino, through its CalHome program, offers up to $60,000 for each eligible household to be used towards down payment for the purchase of a home within the City of Chino. It is intended for lower income home buyers who can afford monthly mortgage payments but do not have enough to pay the initial home purchase down payment and non-reoccurring closing costs. The goal of the program is to...
FHA Mortgage Insurance Reduced Effective January 26, 2015, the FHA Annual Mortgage Insurance Premium will be reduced by .5% for new loans. I am so excited that buyers will have lower monthly payments or be able to qualify for a higher sales price. Below are some examples showing both rates so you can see the savings available to...
Job gains accelerated in the second half of 2014. The latest monthly data showed 252,000 net new payroll job additions in December. Over the last 12 months, that total net of new jobs comes to a cool 3 million. The pool of potential homebuyers and the need for commercial building spaces are therefore expanding. From the low point of 2009, more than 10 million jobs have been created. Recall,...
Nearly every factor generally associated with home sales has been turning for the better. We have more jobs, growing population, rising rents, additional inventory choices, record-high household net worth, and exceptionally low mortgage rates. On top of these trends, there is accumulating pent-up housing demand from people who underwent distressed property sales several years ago. The penalty period has...