Saving for a down payment can seem like an overwhelming task if you're on a tight budget. It's just plain not easy to make a plan, stay on that plan no matter what, stay motivated even when your plan goes temporarily awry, and - finally - achieve your desired result. So how do you get from "Broke wannabe homebuyer" to "Gimme those keys!"? It's simple. Just set a goal. "The idea of goal setting involves...
Buyers
Please take a look at the sellers' perceptions of home prices in 2012 & 2013. The real estate market still is doing very well for sellers and buyers. Since prices have improved significantly, sellers are more motivated to sell their homes since they are realizing they have more equity than they thought. However, we have noticed that sales prices have leveled off and are not...
The California law regarding carbon monoxide alarms comes from Senate Bill (SB) 183 Carbon Monoxide Poisoning Prevention Act of 2010. It is further explained from the California Residential Code , Title 24, Part 2.5, Chapter 3, Section R315, which explains the proper placement of carbon monoxide (CO) alarms. Requirement: CO alarms are required in all dwelling units that have fuel-burning appliances,...
In 2013 the volume of offers above asking price which lead to the record number of sales above asking price, was due to the extremely low housing inventory. Although in 2014 we have had a few more houses for sale, we continue to have multiple offers above asking price. This is especially true if the home has curb appeal, is move in ready and has...
Buying a new home is an exciting and sometimes demanding process. The heightened emotions and the high stakes make it extra important to find a home that fits your family financially and “feels right.” Knowing some of the most common mistakes home buyers make will put you in a better position to make the best choice. Here are some things to avoid. Being too in love with a house. Yes, you should love...
If your credit score is not high enough to qualify to purchase a home at this time, please follow these tips to improve your score over the next few...
VA has revised their loan limits for 2014. San Bernardino and Riverside County remain at a maximum loan amount of $417,000. Los Angeles and Orange County are at a maximum loan amount of $687,500. All other high loan amount counties are listed on the list below. Any county not listed below is at the standard maximum loan amount of $417,000. Please note that loan amounts above these limits are...
Last week I attended a seminar taught by an attorney who is also a CPA. I would like to share with you some important information he shared regarding the best way to hold title on your home. I want every one of my clients to be aware of the benefits and implications of the type of title you are holding on your property. The title to your home or a rental property is a very different type of...