Are the historically low interest rates a thing of the past? What might an increase in rates do to buyers’ purchasing power in today’s market? These are questions we should be analyzing and answering for our clients as we continue to see upward pressure on rates. Over the last few months we have watched as [...]
The lending industry has tried to make it easier for borrowers to understand the true cost of a mortgage by disclosing both its interest rate and its annual percentage rate, or A.P.R. But consumers may often wonder which figure they should focus on when buying or refinancing a property. The answer, many mortgage experts say, [...]
Hi Shefali!! You came to my open house at 3359 Regis Court Santa Clara 95051 today with your mom, Shalini, and Michael. You told me that you have visited my blog before and I was immediately beyond excited!! No one has ever mentioned my blog before at an open house and I am actually doing [...]
Rent vs. own? More Americans are wrestling with that question as the economy continues its slow recovery. Even though homes are selling at record lows in cities like Santa Clara, Campbell and San Jose many Americans are choosing to rent instead, maintaining their mobility and financial flexibility until the economy, as well as their job [...]
Last week we brought up the idea that many first time home buyers are thinking about neighborhoods just as much as home design when they go out to look at homes. The first step was to imagine what your dream neighborhood would look like. Today we’re going to be talking about how you can actually [...]
Five years ago, it was easy to tell a good neighborhood from a bad one. All you had to do was conduct a quick check on nearby schools and keep an eye out for hopelessly abandoned properties. If the schools were good and the homes well-kept, the neighborhood, and your future home, were keepers. Today, [...]
Avoid Loan Rejection To Take Advantage of Rates. With rates at record lows, 4.375% with 0 points, and home prices bottoming out I still hear of many home buyers that can’t secure a loan. Banks have been locking down on the amount of loans they make. Don’t let that stop you from taking advantage of [...]
One of the most common questions I get from new home buyers is “Does this property have non-permitted work and how does that affect me?” Did you know that almost 90% of homes have non permited work done inside? Did you know that if you wanted to fix that fence, set up some new electrical [...]
