The Top 5 Mistakes Home Sellers Make reported by www.smartmoney.com
http://www.smartmoney.com/spending/deals/top-5-mistakes-home-sellers-make-23727/?page=2
Unique Short Sale Opportunity to buy in a private cul-de-sac development of six wonderful family homes. Beautiful landscaping, modern homes in the heart of El Cajon High Ceilings and open floor plan prodive a wonderful background for any family to have new place to call home. Bring your offers today!
For Sale
List Price: $299,900
514 Camden El Cajon, CA 92020
New Listing (24 hours)
Listing Agent: Darren Tunstall at 619-254-2153 | Email:dkt@darrentunstall.com
2nd Agent: Joseph Lerner at 619-249-6066 | Email: workingjoe@cox.net
or, Contact Your Realtor Today!
Unique Short Sale Opportunity to buy in a private cul-de-sac development of six wonderful family homes. Beautiful landscaping, modern homes in the heart of El Cajon High Ceilings and open floor plan prodive a wonderful background for any family to have new place to call home. Bring your offers today!
For Sale
List Price: $299,900
514 Camden El Cajon, CA 92020
New Listing (24 hours)
Listing Agent: Darren Tunstall at 619-254-2153 | Email:dkt@darrentunstall.com
2nd Agent: Joseph Lerner at 619-249-6066 | Email: workingjoe@cox.net
or, Contact Your Realtor Today!
Location, location, location
Where you buy not only affects the home’s current and future value, but it also affects your lifestyle. Your agent will be able to conduct a more targeted home search if you outline your preferences in neighborhoods and nearby amenities. Here’s a checklist of items you should consider and communicate to your chosen real estate agent.
When you decide where you want to live, combine the location with how much you can afford and your wish list.
Before the home search begins, your real estate agent will want to know as much as possible about the features and amenities you desire. To help your agent better serve you, analyze what you want and what you need in a home’s features and amenities.
Features:
Amenities:
Your lender decides what you can borrow but you decide what you can afford.
Lenders are careful, but they make qualification decisions based on averages and formulas. They won’t understand the nuances of your lifestyle and spending patterns quite as well as you do. So, leave a little room for the unexpected – for all the new opportunities your home will give you to spend money, from furnishings, to landscaping, to repairs.
Historically, banks use a ratio called 28/36 to decide how much borrowers could borrow. An approved housing payment couldn’t be more than 28 percent of the buyer’s gross monthly income, and his or her total debt load, including car payments, student loans, and credit card payments, couldn’t be more than 36 percent. (In Canada lenders apply similar formulas to determine how much a buyer can afford. The Gross Debt Service ratio, or GDS, is not to exceed 32 percent of the buyer’s gross monthly income, and the Total Debt Service ratio, or TDS, is not to exceed 40 percent of the buyer’s total debt load.) As home prices have risen, some lenders have responded by stretching these ratios to as high as 50 percent. No matter how expensive your market though, we urge you to think carefully before stretching your budget quite so much.
Deciding how much you can afford should involve some careful attention to how your financial profile will change in the upcoming years. In the long run, your own peace of mind and security will matter most.
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Eight Steps To Buying Your Home
Eight steps to buying your home1. Decide to buy.
Although there are many good reasons for you to buy a home, wealth building ranks among the top of the list. We call home ownership the best “accidental investment” most people ever make. But, we believe when it is done right, home ownership becomes an “intentional investment” that lays the foundation for a life of financial security and personal choice. There are solid financial reasons to support your decision to buy a home, and, among these, equity buildup, value appreciation, and tax benefits stand out.Base your decision to buy on facts, not fears.
- If you are paying rent, you very likely can afford to buy
- There is never a wrong time to buy the right home. All you need to do in the short run is find a good buy and make sure you have the financial ability to hold it for the long run
- The lack of a substantial down payment doesn’t prevent you from making your first home purchase
- A less-than-perfect credit score won’t necessarily stop you from buying a home
- The best way to get closer to buying your ultimate dream home is to buy your first home now
- Buying a home doesn’t have to be complicated – there are many professionals who will help you along the way
Get 7 More Questions Answered just like this by click here. You will learn the following:
A couple of the Realtor’s in our office have several properties available for sale as well as clients who need who need to buy a home. Details of the properties and clients are below.
One of the Real Estate Agents in our Keller Williams San Diego Metro office has listed a new property. The market price is $549,000 at 1693 square feet. Call me for more details.
On another note, we have a client from our office who is looking for a small house. She is in need of a home in the following areas
Furthermore, one of the agent’s buyer clients are looking a home under $450,000 in the following areas of San Diego County:
Please contact me should you have any luck in locating a buyer or seller who fits this criteria.
