http://www.getdownpayment.com/
Please TAKE ACTION...........Help save Down Payment Asstiance Programs!
Sunday, August 17, 2008
Thursday, August 7, 2008
Hi House Hunters!
News from the real estate front....thanks to Chicago Title
Early in Aug, there were 773 homes listed in Apple Valley, 93 sold in July, with an average of 67 days on market.
A little more housing trivia for you, if your house is priced between $250-$300k you have a 1 in 4 chance of selling. the percent selling is rising slightly.
So what does all this mean.....
boiled down, if you need to sell, now is a tough time, it's a buyers' market. But priced correctly it will most likely sell.
The reality for buyers' is there are bargains out there. But dog gone, I'm not the only one that can find them, so we are getting into multiple bid situations where people are bidding over the asking price in order to get the deal or compensate for
concessions.
Patience is the KEY in this market as a buy to getting a great deal.
You can not fall in love with a house until you get a counter offer from the bank in your hot little hand.
News from the real estate front....thanks to Chicago Title
Early in Aug, there were 773 homes listed in Apple Valley, 93 sold in July, with an average of 67 days on market.
A little more housing trivia for you, if your house is priced between $250-$300k you have a 1 in 4 chance of selling. the percent selling is rising slightly.
So what does all this mean.....
boiled down, if you need to sell, now is a tough time, it's a buyers' market. But priced correctly it will most likely sell.
The reality for buyers' is there are bargains out there. But dog gone, I'm not the only one that can find them, so we are getting into multiple bid situations where people are bidding over the asking price in order to get the deal or compensate for
concessions.
Patience is the KEY in this market as a buy to getting a great deal.
You can not fall in love with a house until you get a counter offer from the bank in your hot little hand.
Tuesday, July 29, 2008
links to news about the housing bill
http://money.cnn.com/2008/07/29/pf/saving/toptips/index.htm?section=money_latest
http://www.nytimes.com/2008/07/25/business/25money.html?adxnnl=1&ref=todayspaper&adxnnlx=1217011884-O5P2v31mR0wGSYBo2KBt8g
http://www.washingtonpost.com/wp-dyn/content/article/2008/05/20/AR2008052001330.html
http://www.npr.org/templates/story/story.php?storyId=92826335
http://www.nytimes.com/2008/07/25/business/25money.html?adxnnl=1&ref=todayspaper&adxnnlx=1217011884-O5P2v31mR0wGSYBo2KBt8g
http://www.washingtonpost.com/wp-dyn/content/article/2008/05/20/AR2008052001330.html
http://www.npr.org/templates/story/story.php?storyId=92826335
Tuesday, July 22, 2008
Monday, June 16, 2008
DAP and FHA
http://realtytimes.com/rtpages/20080616_washingtonreport.htm
Hi all,
Hey~ FHA is trying to take a swipe at the Hart and Nehemiah type programs.
If you are one of my buyers that have used this program to get your dream home you may want to let your Congressman know that you are excited about these programs and want to see them stay in place.
Happy House Hunting,
Karen
Hi all,
Hey~ FHA is trying to take a swipe at the Hart and Nehemiah type programs.
If you are one of my buyers that have used this program to get your dream home you may want to let your Congressman know that you are excited about these programs and want to see them stay in place.
Happy House Hunting,
Karen
Saturday, May 24, 2008
Wednesday, May 21, 2008
Thursday, May 15, 2008
Monday, May 12, 2008
Buying your first house.
So you want to buy a house?
First you go talk to a loan person, hopefully my pal Craig at Wells Fargo. His # is 760-265-3423. Then you find out what you qualify for and match that to how much you are comfortable in paying per month. Make sure you start rounding up everything the loan people need.
Then go look for your dream home. (This could take 1 day or 6 months.)
Next you make an offer and go through the back and forth till you strike a deal.
Fill out paper work.
After you have an accepted offer, get your home inspected. Something will always be wrong, be ready. Ask for repairs or not. NOW...... you can start getting attached. Fill out more paper work.
You'll meet back with the loan people, more paper work.
Sign disclosures all from the other side of the transaction, get the escrow instructions, now you have someone else to fill out paperwork for, that is your hopefully your good friend the escrow officer.
Then if you are a NORMAL first time buyer, you start writing letters. why this, why that, your thinking who cares, well the loan underwriters do.
Make double, triple, quadruple sure you are on top of all the paperwork chasing you are doing for the loan.
You will hear, we passed termite and septic or not. Deal with that, more paperwork if there is a problem.
WOW!!!!!!!! You are still here.
SO FINALLY someone calls and says, come in and sign docs. That's the huge stack of paperwork that has scary things in it, like how much you will pay if you make 30 years of loan payments. Four little letters that really mean sign 4 feet it seems of paperwork. Good news is your about done.
These could be some really long long days, are you packing yet, I hope so.
Time to do the final walk through.
Next you'll hear the loan funded. I'm sure you are thinking I should have mentioned keys at some point right.
Now are all the loan conditions met? Everything fixed? Everything signed? This is no time to be losing sleep, you are moving soon. Now in a day or more....
Get ready, get set...........the words you have been longing to hear.
"YOU RECORDED!"
THEN you get your keys! Congratulations! You are now a home owner.
Ps The good news is the second one is less painful.
First you go talk to a loan person, hopefully my pal Craig at Wells Fargo. His # is 760-265-3423. Then you find out what you qualify for and match that to how much you are comfortable in paying per month. Make sure you start rounding up everything the loan people need.
Then go look for your dream home. (This could take 1 day or 6 months.)
Next you make an offer and go through the back and forth till you strike a deal.
Fill out paper work.
After you have an accepted offer, get your home inspected. Something will always be wrong, be ready. Ask for repairs or not. NOW...... you can start getting attached. Fill out more paper work.
You'll meet back with the loan people, more paper work.
Sign disclosures all from the other side of the transaction, get the escrow instructions, now you have someone else to fill out paperwork for, that is your hopefully your good friend the escrow officer.
Then if you are a NORMAL first time buyer, you start writing letters. why this, why that, your thinking who cares, well the loan underwriters do.
Make double, triple, quadruple sure you are on top of all the paperwork chasing you are doing for the loan.
You will hear, we passed termite and septic or not. Deal with that, more paperwork if there is a problem.
WOW!!!!!!!! You are still here.
SO FINALLY someone calls and says, come in and sign docs. That's the huge stack of paperwork that has scary things in it, like how much you will pay if you make 30 years of loan payments. Four little letters that really mean sign 4 feet it seems of paperwork. Good news is your about done.
These could be some really long long days, are you packing yet, I hope so.
Time to do the final walk through.
Next you'll hear the loan funded. I'm sure you are thinking I should have mentioned keys at some point right.
Now are all the loan conditions met? Everything fixed? Everything signed? This is no time to be losing sleep, you are moving soon. Now in a day or more....
Get ready, get set...........the words you have been longing to hear.
"YOU RECORDED!"
THEN you get your keys! Congratulations! You are now a home owner.
Ps The good news is the second one is less painful.
Saturday, April 26, 2008
What a great house!
Are you looking for a move in ready home?
This wonderful home is out of the hustle and bustle of the town, but close enough to everything, the new shopping and movies are minutes away, getting to Big Bear, a hop, skip and jump.
It's High Desert living at it's best and it could be your dream home.
Call me if you'd like to see it.
760-684-0250
This wonderful home is out of the hustle and bustle of the town, but close enough to everything, the new shopping and movies are minutes away, getting to Big Bear, a hop, skip and jump.
It's High Desert living at it's best and it could be your dream home.
Call me if you'd like to see it.
760-684-0250
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