By Sandy Flores
You’ll be left in the cold—but not if you know how to change its thermocouple. This is the part of the furnace that shuts off the gas if your pilot light goes out, preventing that gas from seeping into your home. (You know, the gas that can kill you if left to run amok.)
If the furnace won’t stay lit, there’s a good chance you have a faulty thermocouple. Learning how to replace or adjust yours can be the difference between a $10 trip to the hardware store, and a $90/hour visit from a technician. Most thermocouples are held in place by brackets, which can be gently unscrewed to insert the replacement thermocouple.
Keeping a spare thermocouple on hand during winter is especially smart, because furnace problems can be more inconvenient—and costly—during the peak times of the year.
Rents are at an all-time high for single-family homes according to Zillow‘s affordability report for the second quarter of 2015.
Did you know that consumers are currently spending an average of twice as much of their monthly income on rents as they are on mortgage payments?
Money talks! This is WHY NOW is a good time to buy a home, not only good! It is the best time to buy a house.
Sandy Flores Broker/Realtor (714) 963-7462
There is not doubt rents will likely keep rising at their current pace, and it is a fact high rents make it difficult to save for a down payment. Well, I have GOOD NEWS for you! There are down payment assistance programs that can help you buy your first home! Let’s GO!
There is so much information readily available online, and the big question is…Why should we hire a REALTOR® ?
A REALTOR® is a Client Advocate. Only members of the National Association of Realtors can call themselves REALTORS®
REALTORS® are Real Estate Specialists.
REALTORS® Lower Your Risk. When you have a Realtor as an advocate, you share some of the risk of home buying/selling with your agent.
REALTORS® Have Inventory. According to The National Association of Realtors , over four-fifths of existing homes in the U.S. are represented by real estate brokers.
REALTORS® Understand The Complexity Of The Transaction.
We’re all looking for more precious time in our lives, and hiring pros gives us that time.
Can you afford not to have the experience of a REALTOR® by your side?
A new HOME mobile app that educates future homeowners about the steps and responsibilities of buying and owning a home was launched by Fannie Mae, to provide educational resources to reduce barriers to homeownership.
The app offers useful tools to help homebuyers to:
- Figure out what they can afford,
- Understand their mortgage payments,
- Save for a down payment, and,
- Learn how much they can save in interest by making extra mortgage payments.
If you are a First Time Buyer, Call me Sandy Flores (714)963-7462!
Let’s make the Dream of Homeownership a reality!
The Supreme Court decision making same-sex marriage legal nationwide will boost the mortgage demand as it provides gay and lesbian couples with more financing opportunities and stronger joint property rights.
The Supreme Court decision could spur not only more purchase lending, but also more refinancing, line of credit, among other helping to them to plan and build wealth.
Married same-sex couples also will have more access to the Department of Veterans Affairs mortgage program, said Gary Boyer, a mortgage loan officer at a brokerage in Portland, Ore.
“This has big implications as far as federal agencies. The VA, for example, has honored a same-sex spouse in states where marriage was legal, but did not honor same-sex spouses in states where it was not yet legal. Any veteran will now be able to have their same-sex spouse on the mortgage with them,” he said. Congratulations!
To All the Moms,
Wishing the best on Mother’s Day, and always…God Bless You!
Home ownership means you no longer pay monthly rent for the roof over your head. When you leave, you can sell it to recoup the purchase price and earn any profit that you may have accumulated through your appreciation in value.
But don’t kid yourself. Home ownership comes with a slew of disadvantages, responsibilities, and downright headaches. So before going any further, consider whether your lifestyle and finances make home buying a smart move for you.
Except in a roaring real estate market, it usually doesn’t make sense to buy a home you’ll stay for less than three or four years, because the cost of the process of buying and selling your property means that you could lose money from your equity. On the other hand, you will not pay capital gain taxes if you’re in the property for at least of 2 years.
One key question is whether it costs more, on average, to rent or own in your area. The rule of thumb is that if you pay 33% in rent than you would for owning including the monthly mortgage, property taxes, and any homeowner’s fees, then it’s smarter to own a home then renting it.
As always, get your finances in order before committing to buy a home, and stay informed of all the options, alternatives and programs that will fit your needs.
Get help, and call a Realtor…Call me 714-963-7462. Leading your way home!
Buying a house based on emotions is just going to break your heart. If you fall in love with something, you might end up making some pretty bad financial decisions. There’s a big difference between your emotions and your instincts.
Going with your instincts means that you recognize that you’re getting a great house for a good value.
It’s an investment, so stay calm and be wise.