February 16th, 2016 6:06 PM by Gregg Mower
Well it has felt a lot like Spring lately here in California. This reminds me to get some timely information out to those that might be thinking of listing their home or buying a new home. This is the time of the year folks begin to see longer days and warmer weather and this gets folks out of the house looking at Real Estate. The weather also gets folks thinking about selling their home. Here in California we are blessed with great weather year-round but we do have a rainy and cold season that runs from November through February. In February we will some warmer days like we have seen over the last week and, of course, the days are getting longer from the winter solstice December 22 2015 with the sun now setting around 6pm. So it would be logical to think that people are starting to come out of the house and evaluating their living situation. You might be a Homeowner currently and have been noticing that your home is no longer filling your needs either with an expanding family or a contracting family. Or you might just be ready for a change which is not bad either. You also might be renting and realizing that it has become necessary to buy a home for tax purposes or you simply see the advantages of owning your own home. Our economy runs on the housing markets being strong, so looking for a change is not only good for you but it also helps the economy as a whole.
No matter what your motivations are now is the time to get things moving in the direction you want it to go. By now you have either started your tax preparation or have finished it. If you are lucky one who is entitled to a tax refund you might be looking to invest that money and what better investment is there than a buying a home. If this is your first refund or one of many and you are making good money with a bright future why not look at the possibility of owning your home. By paying rent you are essentially making the landlord’s mortgage payment generally with profit to them. Why not start realizing the increasing Real Estate market yourself. You may not think you are capable of buying home, but you might just surprise yourself as to what you really can afford. You might be paying $1,500 a month in rent and not even realize that if you applied that to a mortgage with the tax savings you would gain from owning a home you could be living in a $300,000 house. With the interest rates at historic lows you can translate that into money in your pocket. Traditionally, Real Estate has made over 10% gains per year in value, so instead of allowing your landlord to realize these gains at your expense get those gains yourself. You will only need 3.5% down to buy a home and if you are a Veteran you need nothing down, so what would be the hold back, give us a call and start the process today.
Now let’s say you currently own your home and have out grown it, or it has outgrown you, or you just want a change. You start to think you may want to sell your home, but have no idea where to start. Hopefully this little article will be able to help and offer some suggestions. First, you need to know what your home is worth. You might think that Zillow is a good place to look, but you would be wrong as most information in Zillow in California is not updated. You see Zillow in California relies on Real Estate Agents to put the information in the system as the local MLS systems charges companies like Zillow to get the information they need so the information is not up to date. It is my advice to call us at MAE Capital Real Estate and Loan and not only will we be able to tell you the value of your home we will be able to qualify you for your next home. So with one simple call you find out what your home is worth and what you can afford to buy when you sell your home. Great deal right, we thought so when we came up with the concept of a one stop shop. I did a blog almost a year ago on what you need to do to spruce up your home and you can simply click here if you want to read selling in more detail. You can also go to our selling page, Click Here, and see a video that might help with your education as well.
Spring is near, and now is the time to start the process of looking to buy or sell Real Estate. But now is the time to find out how much you can afford and or what you can qualify for. If you are Homebuyer you need homes to look at and if you are a Seller those buyers are itching to look at your home. So if you are thinking of selling start sprucing things up, put a fresh coat of paint on the house inside and out and see that will bring you at least twice the amount you paid to have that done in selling price. If you are a Buyer start the loan process now so you can be approved for your home loan before you start looking. Enjoy the sunshine while it lasts in February we still have some more rainy season left (hopefully we are still in a drought) but start your plan now and get ahead of everyone else. For you Seller’s out there give us a call today and we will visit your home and give you some advice on things you can do to make your home marketable before we put it on the market for you. You buyers need to call us and get pre-qualified now before you start looking and maybe before your tax return hits your account. We have so many resources for both Buyers and Sellers on our site that you should take the time to educate yourself. If you want to contact us right now simply click here and complete the form and we will research your home’s value and let you know what it would sell for. You Homebuyers can Click here and get started today as well by getting pre-qualified. Or even better give u a call and put us to work for you at 916-672-6130.