Is it Still a Seller’s Market?
Looking at the real estate market today can be very confusing. Some experts would have you believe that we have left the “Seller’s Market” behind and have skipped right over to a “Buyer’s Market”. Not so fast! If we examine some of the statistics related to the Bay Area, we find that there remains only…
Read moreSelling Your Home in Today’s Market
It is never a fun adventure to sell your home, especially while you’re still living in it. And in today’s market, where multiple offers are not the norm they once were, it is even more important to observe some basic rules. Keep your home pristine! Not just “picked up”, but sparkly clean. It should look…
Read moreThe Good, The Bad, And The Ugly Of Marble Countertops
When building or remodeling, owners are faced with a myriad of confusing choices, not the least of which is what material to use for their kitchen counters. Among the many preferred options are: granite, solid surface material, butcher block, concrete, and marble, specifically Carrara marble. Marble is gorgeous both from a distance and up close,…
Read moreWhy Should I Sell My Home This Fall?
There are probably a myriad of reasons to sell this Fall, but let’s look at just a few: For starters, Buyer demand is still strong. While the mad, competitive scene has waned (thankfully!), last month listings averaged only 29 days on the market according to NAR. Although the housing inventory is still less than 6…
Read moreSuperheroes Fund Not-Normal Loans
Our “not-normal loans” have just 2 main qualifications: Decent existing equity or at least 25% down payment. An ability to repay the loan (source of income). Known as Hard Money, these loans might enable you to bring that superhero offer to a Seller or to be the superhero Agent for your client. Financing available for…
Read moreSkillful Summer Success
Owner Occupied Bridge/Temporary Loan San Juan Capistrano, California A Realtor called me regarding a home loan that her client was having difficulty getting approved. The buyer wanted to purchase a new home in Orange County and needed a jumbo loan of $875K. Partially using equity from his existing house, he was coming in with 50%…
Read moreMake the Winning Offer
Make the Winning Offer Who doesn’t want to know how to beat out the other purchase contracts in today’s multiple offers and lower inventory markets, and buy that house! There was a really good article in the Wall Street Journal recently about Hard Money loans. It was informational to borrowers and investors alike. It spoke…
Read moreCREDIT – The Bane of Home Loan Approvals
CREDIT – The Bane of Home Loan Approvals This aspect of qualifying for a home loan boils down to good credit versus bad credit. The lenders left in the mortgage market arena, let’s call them institutional lenders, the ones that are offering the 30 year mortgages at historic low rates, require good credit (among…
Read moreHow Can I Get A Home Loan?
Out of the Ashes… LENDER’S VIEWPOINT by CA Broker, Forest Tardibuono Out of the Ashes… I have empirical evidence of the real estate market recovery. Statistics I monitor that have seen a dramatic turn recently. It has me more excited about the recovery than housing sales. My Past Borrowers are buying houses, and they…
Read moreThe Winning House Bid – You Get the Deal
The Winning Bid It looks like the various predictions that 2012 will be the best year in Real Estate since 2006, are coming true. The statistics bear this out for sure, but a more telling phenomena is the dreaded bidding war. That is a listing that receives multiple offers. These happen with frequency in…
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