Turlock Homes & Beyond | BRE# 01112786 | Century21 Select Group
One of the biggest decisions you’ll make as a retiree is where you want to live. Maybe you want to move closer to grandchildren, live in a retirement community or perhaps moving will free up some money for your retirement plans. Or maybe you want to buy a home that’s better suited to the retirement lifestyle. … Read More “Buying a home after retirement” »
What is an assumable mortgage loan? An assumable mortgage is one that allows a new borrower to take over an existing loan from the current borrower. Typically, this entails a home buyer taking over the home seller’s mortgage. The new borrower — the person ‘assuming’ the loan — is in exactly the same position as … Read More “How does an assumable mortgage work? Pros and cons” »
There are whispers in the wind (or headlines in the news) that the housing market might be bouncing back. Here are some indicators that a recovery could be underway: Rising Mortgage Rates Slowdown: Interest rates, which had been climbing steadily, might be plateauing or even dipping slightly. This could make homeownership more affordable for some … Read More “Signs of a Housing Market Recovery” »
June is National Homeownership Month, and whether you’re thinking about buying your first home this year or already well into the process, it can be both an exciting and overwhelming endeavor. If everything goes well, it may be one of your most significant life events. Buying a home can be one of the largest financial … Read More “The Essential Steps to Close on Your Home with Confidence” »
Here’s a breakdown of the California housing market for home buyers in February 2024: Positive Signs: Increased Sales Activity: Existing home sales in California surged in February compared to January, indicating a robust market [California Association of Realtors (C.A.R.)]. Inventory: While still tight, there might be a slight increase in available homes compared to the peak … Read More “California Housing Market Update for Home Buyers (February, 2024)” »
The national real estate market is currently in a bit of a transitional phase. Here’s a breakdown of some key trends: Prices: Home prices are still rising, but the rate of increase may be slowing down. Nationally, the median sales price reached $379,100 in January 2024, which is up from a year ago, but the … Read More “The State of the Real Estate Market Now (February 2024)” »
Everyone has a dream home. It could feature a farmhouse-style kitchen with modern appliances or a lounge with the latest television and beautiful hardwood floors. While everyone may have an idea in their head of how it should look and feel, how do you make your dream a reality? Remodeling contractors love helping clients achieve the home … Read More “How to Make Your Dream Home a Reality” »
Ever heard someone say everyone should buy a house? Or that renting is a lot like flushing a whole bunch of money down the toilet every month? Yeah, we’ve heard that stuff too. And it’s nonsense! The truth is, not everyone should buy a house. Because, if you sign the dotted line on a new home when … Read More “Am I Ready to Buy a House?” »
If you don’t have a pile of cash to buy a home, you’ll need a mortgage, and the first step to getting a home loan is a mortgage pre-approval. A mortgage preapproval shows sellers you can afford to buy a home and gives you an idea of how much you’ll pay monthly and at the … Read More “Mortgage Preapproval: Everything You Need to Know” »
Uncle Sam wants you to own your home. The tax code grants tax benefits that reduce your costs of buying, owning, fixing up, and selling a home. Here are brief descriptions of the tax benefits of owning a home — the deductions, the credits, and an exclusion that encourages homeownership. Tax benefits of buying a … Read More “Tax Benefits of Buying, Owning and Selling a Home” »
