Turlock Homes & Beyond | BRE# 01112786 | Century21 Select Group
Some good news could be coming for a housing market that’s been stuck in neutral. The Consumer Price Index, a measure of the cost of food, housing, gas, utilities and other goods, shows prices increasing by 3% year over year. That’s slightly lower than what markets and experts predicted. Core CPI, which excludes volatile food and energy costs, … Read More “Inflation Data Is Promising for Mortgage Rates. What Homebuyers Should Know” »
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” »
Last year featured a significant amount of uncertainty across the commercial real estate landscape. As market sentiment shifted, investment professionals, in particular, took a more conservative approach, with many sitting on the sidelines waiting for brighter days ahead. While changes were less stark within the management side of the business, no part of the real … Read More “Key Technology Trends for Real Estate in 2024” »
Government Code Section 65583(a) requires “An analysis of potential and actual governmental constraints upon the maintenance, improvement, or development of housing for all income levels,…including land use controls, building codes and their enforcement, site improvements, fees and other exactions required of developers, and local processing and permit procedures…”. Although local ordinances and policies are enacted … Read More “Land-Use Controls in California” »
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” »
Summer tends to be a short season in real estate terms because families and other potential home buyers have to get back to ‘reality’ at some point. But, these few months can be lucrative for agents who know how to market smartly. Putting yourself in a buyer’s shoes is the key to successfully selling a … Read More “How to Overcome the Challenges of Selling a Home During the Summer” »
The decision to sell your home and move signifies a turning point. Excitement for a new chapter mingles with the bittersweetness of leaving familiar surroundings. But where do you begin? Here’s a breakdown of the key steps to navigate this transition smoothly: Preparing to Say Goodbye: Market Knowledge is Power: Delve deeper than national trends. … Read More “From Farewell to Fresh Start: A Homeowner’s Guide to Moving On” »
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” »
Selling a home can be hard work—you have to repaint it, trim your lawn to bump up your curb appeal, maybe replace the cabinets in your embarrassingly outdated kitchen, and more. But if you’re moaning, “There’s got to be an easier way,” you’re in luck, because there is: You can learn the steps on how to sell a home “as is.” … Read More “How to Sell a Home ‘As Is’: A No-Fuss Guide to Unloading a Lemon” »
Congratulations! You have accepted an offer. Here is everything you need to know about the escrow process. 1. Escrow Within three days of an accepted offer, the buyer will wire a 3% deposit into our escrow account. This deposit is refundable until after the contingencies have been lifted. At that time, the buyer will not … Read More “The Escrow Process for Sellers” »
