Monday, January 31, 2011

Looking to buy a home in California?

What are you looking for in your home purchase. What cities are you considering? What is the maximum payment your looking for? How much money are you willing to invest towards your down payment or closing costs? How is your credit? Any collections, repo's, BK's, Foreclosures, or 30 day lates in the last year? Newer or older home? How many bedrooms? How much square footage? Single story or two story? Large lot or small lot? Pool or no pool? How much money do you make annually? What debt payments do you owe monthly?

These are just some of the questions you will be asked before you go to look at homes of your choice. A Real Estate Broker will email you links to properties that fit the criteria of the home your looking for and you narrow it down to a handful to go look at and inspect for purchase. When you find one or more that interest you, you are ready to submit an offer or multiple offers. This of course if after you have loan approval of your credit profile and have a prequal letter or DU approval letter that the banks will request with your offers. Let's gett started today. The prices are just beginning to go up so the time is now. Contact us today...

Market Conditions

Have we bottomed out in this market in the High Desert? I think so, as if the prices haven't dropped enough. Home prices are already between 50-75% of what they were only 4 yrs ago. The homes that were $300,000 in 2006 are now going for $60,000 to $100,000 which is great for the buyers now but what about the homeowners? It is time to buy all the homes you can to resale in the short years to come. Buy low and Sell high. I have let this happen a few times to me and even tho I saw this coming I still got caught up in it. I just need one more chance if I have enough years left in me to make it one more time. I am going to make it work this time for sure. Buy low and sell high and cash in for my retirement for sure this time...