Want to Sell your House?

Not sure where to start? I am here to help you every step of the way!
Together your home will sell as you planned. I will go above and beyond to exceed your real estate expectations.

Advertisements

La Compra de tu Casa Propia y las Tarjetas de Crédito

 Cuando estas listo para Comprar tu Primera Casa y  has sido precalificado por una entidad financiera, es importante saber que no es conveniente   efectuar cargos adicionales en sus tarjetas de crédito, en anticipación a la Compra de tu Casa tales como muebles o artículos eléctricos, o tal vez decoraciones.
Es esencial saber que estas compras van a reflejar  un impacto drástico en tu reporte de crédito  que pudieran repercutir negativamente  corriendo el  riesgo de que a último momento el banco no te otorgue el crédito hipotecario.
Cuando comienzas a incrementar los balances en tus tarjetas de crédito los prestamistas no se sienten seguros en otorgarte el préstamo.  Es conveniente que para evitar estos tipos de incidentes o complicaciones  esperes hasta que el proceso de la compra de tu casa haya cerrado completamente, sin dejar de analizar cautelosamente tu poder adquisitivo a la hora de incrementar sus obligaciones financieras.
Recuerda que lo que no sabes, puede perjudicarte.   Sandy Flores, siempre contigo, hasta la próxima!
Si tienes preguntas o deseas hacer un comentario escríbeme a sandyfloresbroker@gmail.com  o llámame al 714-963-7462.
 

How student loan debt is impacting the housing market?

By, Sandy Flores Broker

Student loan debt is playing its biggest role in the mortgage process yet, and it doesn’t look like it’s changing anytime soon. chart-copy

New data from NeighborWorks America’s fourth annual housing survey found that nearly one-third (30%) of Americans know someone who has delayed the purchase of a home because of student loan debt, up from 28% in 2015 and just 24% in 2014.

The data also cited that more than half (53%) of potential home buyers with student loan debt said the debt was somewhat or very much an obstacle to buying a home, down slightly from 57% in 2015, but above the 49% rate in 2014.

As a whole, to help put this perspective, borrowers are carrying the highest level of non-mortgage debt in a decade.

The National Association of Realtors recently released a survey with similar findings as NeighborWorks America, nothing that about 50% of Millennials, and about two-thirds of Millennial non-homeowners who have student debt, are uncomfortable taking on a mortgage. What’s more, this group was less likely to believe they could even qualify for a mortgage.

 

Love your kitchen forever!

Great Schools, Great Values!

As focus on school performance has become more astute thanks to a rising emphasis on test scores and completion rates, home shoppers have become more cautious in their selections as well.

Homes in the best school districts, on average, sell for higher prices than similar homes in less-popular school districts. A simple analysis might say that good schools are wholly responsible for this added value.Schools

According to the National Bureau of Economic Research, there is a definite correlation between school expenditures and home values in any given neighborhood. A report titled, “Using Market Valuation to Assess Public School Spending,” found that for every dollar spent on public schools in a community, home values increased $20.

Homes in the best school districts, on average, sell for higher prices than similar homes in less-popular school districts.

Consumers are willing to sacrifice certain things to live in the right school district. Some of Realtor.com’s survey results were surprising: One out of five buyers would give up a bedroom or a garage for a better school. One out of three would buy a smaller home.

As data continues to be published about schools’ performance nationwide, the expectation is that the trend will continue, and even increase, on a district, state and national level.

WOW! Rents at an All-Time High

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!

   

How trendy is the REAL ESTATE MARKET!

 Real Estate Market trends are expected to stay positive and likely to boost business dollar volume by as much as 15 percent this 2015.   Now, New homes have now waiting lists.

Buying and selling real estate is a complex matter. At first it might seem that by checking local picture books or online sites you could quickly find the right home at the right price….right???

But a basic rule in real estate is that all properties are unique. No two properties – even two identical models on the same street – are precisely and exactly alike. Homes differ and so do contract terms, financing options, inspection requirements and closing costs. Also, no two transactions are alike.

Because market conditions can change and the strategies that apply in one negotiation may be inappropriate in another, this information should not be set in stone. During your time in the marketplace your realtor will keep you updated, and alert you to each step in the transaction process.

A successful financial life is all about maximizing the positive decisions and minimizing the negative ones, especially in real estate investments. The good news is that all negative decisions may be avoided.

Sandy Flores Broker/Realtor (714)963-7462

Real Estate is historically and currently, the greatest investment! We have the knowledge and experience to guide a “newbie” or a seasoned client through the process of creating wealth in Real Estate.

If you or someone you know would like to know more about  real estate investments let us know. Call me @ (714)963-7462

 

 

Pending Existing Home Sales dropped Unexpectedly

sold-sale-sign-over-clouds-grass-house-14063253The index of pending home sales fell 1.8 percent, the first drop this year, after a revised 0.6 percent increase in May, according to the National Association of Realtors figures shown last Wednesday in Washington.

The Commerce Department figures showed last week that Purchases of new U.S. homes fell also 6.8 percent to a 482,000 annualized pace in June, the weakest since November.

Sandy Flores Broker/Realtor (714)963-7462

facebook-logo-transparent1 

Ready, Set, GO!

actnowDon’t obsess with trying to time the market and figure out when is the best time to buy.  

Trying to anticipate the housing market is impossible.

The best time to buy is when you find your perfect house and you can afford it.  Real estate is cyclical, it goes up and it goes down and it goes back up again.

So, if you try to wait for the perfect time, you’re probably going to miss it out!

 

HAPPY MOTHER’S DAY!

HAPPY MOTHER’S DAY!

To All the Moms,

Happy-Mothers-Day-Pictures-Images-31-150x150

Wishing  the best on Mother’s Day, and always…God Bless You!