4 Tips for Effectively Making an Offer

4 Tips for Effectively Making an Offer

4 Tips for Effectively Making an Offer – So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true!
Freddie Mac covered “4 Tips for Making an Offer” in their latest Executive Perspective. Here are the 4 tips they covered along with some additional information for your consideration:

1. Understand How Much You Can Afford

“While it’s not nearly as fun as house hunting, fully understanding your finances is critical in making an offer.”
This ‘tip’ or ‘step’ should really take place before you start your home search process.
As we’ve mentioned before, getting pre-approved is one of many steps that will show home sellers that you are serious about buying, and will allow you to make your offer with the confidence of knowing that you have already been approved for a mortgage for that amount. You will also need to know if you are prepared to make any repairs that may need to be made to the house (ex: new roof, new furnace).

2. Act Fast

“Even though there are fewer investors, the inventory of homes for sale is also low and competition for housing continues to heat up in many parts of the country.” 
According to the latest Existing Home Sales Report, the inventory of homes for sale is currently at a 3.7-month supply; this is well below the 6-month supply that is needed for a ‘normal’ market. #Buyer demand has continued to outpace the supply of homes for sale, causing buyers to compete with each other for their dream homes.
Make sure that as soon as you decide that you want to make an offer, you work with your agent to present it as soon as possible.

3. Make a Solid Offer

Freddie Mac offers this advice to help make your offer the strongest it can be:
“Your strongest offer will be comparable with other sales and listings in the neighborhood. A licensed real estate agent active in the neighborhoods you are considering will be instrumental in helping you put in a solid offer based on their experience and other key considerations such as recent sales of similar homes, the condition of the house and what you can afford.”
Talk with your agent to find out if there are any ways that you can make your offer stand out in this competitive market!

4. Be Prepared to Negotiate

“It’s likely that you’ll get at least one counteroffer from the sellers so be prepared. The two things most likely to be negotiated are the selling price and closing date. Given that, you’ll be glad you did your homework first to understand how much you can afford.
Your agent will also be key in the negotiation process, giving you guidance on the counteroffer and making sure that the agreed-to contract terms are met.”
If your offer is approved, Freddie Mac urges you to “always get an independent home inspection, so you know the true condition of the home.” If the inspector uncovers undisclosed problems or issues, you can discuss any repairs that may need to be made with the seller, or cancel the contract.

Bottom Line 

Whether you’re buying your first home or your fifth, having a local professional on your side who is an expert in their market is your best bet in making sure the process goes smoothly. Happy House Hunting!
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Gallup: Real Estate is Best Long-Term Investment 4 Years Running

 

Gallup: Real Estate is Best Long-Term Investment 4 Years Running

Gallup: Real Estate is Best Long-Term Investment 4 Years Running – Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds.
For the fourth year in a row, Real Estate has come out on top as the best long-term investment! This year’s results showed that 34% of Americans chose real estate, followed by stocks at 26%. The full results are shown in the chart below.
Gallup: Real Estate is Best Long-Term Investment 4 Years Running | MyKCM
The study makes it a point to draw attention to the contrast of the sentiment over the last four years compared to that of 2011-2012, when gold took the top slot with 34% of the votes. Real estate and stocks took second and third place, respectively, while still in recovery from the Great Recession.

Bottom Line

As the real estate market has recovered, so has the belief of the American people in the stability of housing as a long-term investment.
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Financial Planning: 4 Reasons to Buy a House Today

 

Financial Planning: 4 Reasons to Buy a House Today

 

Financial Planning: 4 Reasons to Buy a House TodayHomeownership will always be a part of the American Dream. There are advantages to owning your own home (educationalhealthsocial) that far transcend any economic impact. However, we want to look at several of the financial advantages of homeownership in today’s post.

1. Buying is Cheaper Than Renting

The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The report reveals that:
“Interest rates have remained low, and even though home prices have appreciated around the country, they haven’t greatly outpaced rental appreciation…Nationally, rates would have to reach 9.1% for renting to be cheaper than buying. Rates haven’t been that high since January of 1995, according to Freddie Mac.”

2. Homeownership “Forces” You to Save

According to SavingAdvice.com, homeownership is a great way to save. Their advice is quite simple:
“Homeownership is a “forced” savings account because you own the home, you have no choice – that monthly housing cost has got to be paid no matter what…Homeownership can be an outstanding way to force yourself to be more frugal in the rest of your spending so that you can save and build equity in your home.”

3. Homeownership Offers Several Tax Deductions

According to the Tax Policy Center’s Briefing Book -“A citizen’s guide to the fascinating (though often complex) elements of the federal Tax System” – there are several tax advantages to homeownership. Here are three:
  1. Homeowners who itemize deductions may reduce their taxable income by deducting any interest paid on a home mortgage.
  2. Homeowners who itemize deductions may also reduce their taxable income by deducting property taxes they pay on their homes.
  3. Taxpayers who sell assets must generally pay capital gains tax on any profits made on the sale.

4. Experts Expect Home Price Appreciation to Continue

Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.
Over the next five years, home prices are expected to appreciate 3.22% per year on average and to grow by 17.3% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.

Bottom Line

Some are afraid that home values may have already peaked. However, we believe that purchasing a home now will prove to be a sound financial decision for years to come. As Warren Buffet said, “When others are greedy, be fearful. When others are fearful, be greedy.”
 
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3 Charts That Shout, ‘List Your Home Today!’

3 Charts That Shout, ‘List Your Home Today!’

3 Charts That Shout, ‘List Your Home Today!’ – In school, we all learned the theory of supply and demand. When the demand for an item is greater than the supply of that item, the price will surely rise.

SUPPLY

The National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 3.8-month supply. This is considerably lower than the 6-month supply necessary for a normal market.
3 Charts That Shout, ‘List Your Home Today!’ | MyKCM

DEMAND

Every month NAR reports on the number of buyers out in the market looking for homes, which is also known as buyer traffic. As seen on the map below, buyer demand in March was strong or very strong in 45 out of 50 states nationwide, and Washington, DC.
3 Charts That Shout, ‘List Your Home Today!’ | MyKCM
Many buyers are being confronted with a very competitive market in which they must compete with other buyers for their dream homes (if they are even able to find a home they wish to purchase).
Listing your house for sale now will allow you to capitalize on the shortage of homes for sale in the market, which will translate into a better pricing situation.

HOME EQUITY

Many homeowners underestimate the amount of equity they currently have in their homes. According to a recent Fannie Mae study, 37% of homeowners believe that they have more than 20% equity in their homes. In reality, CoreLogic’s latest Equity Report tells us that 78.9% actually do!
3 Charts That Shout, ‘List Your Home Today!’ | MyKCM
Many homeowners who are undervaluing the equity they have in their homes may feel trapped, which may be contributing to the lack of inventory in the market.

Bottom Line

If you are debating selling your home this year, let’s meet up to evaluate the equity you have in your home, as well as the opportunities available in your market.
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11302 58th Street, Jurupa Valley, CA 91752 For Sale by Celina Vazquez

COMING SOON!!
FOR SALE
Celina Vazquez of Keller Williams Rancho Cucamonga presents this gorgeous California Ranch single story home located in the desirable community of Sky Country, Jurupa Valley, CA 91752. This beautiful home features 3 bedrooms, 2 bathrooms with over 1,600 Square Feet of living space on 1/2 acre lot with a 2 car garage with direct access and large open floor plan.
Large kitchen with remodeled kitchen cabinets, pantry, tile counter tops. 4 burner stove, multi-cycle dishwasher and double sink with disposal.
Large family room with plenty of light and cozy fireplace and open concept to the dining room and large breakfast bar. Newer laminate floors throughout the family room and bonus room with carpeted bedrooms.
The master bedroom has a very spacious floor plan with wall to wall closet and large master bathroom. This home features a 4 bedroom as a bonus room. The large backyard is divided and ready for comfortable living, half is fully landscaped with automatic irrigation system and plenty of fruit trees and storage shed for all the extras. Gorgeous patio to enjoy great afternoon overlooking the gorgeous large backyard. RV access and plenty of room to build additional garages to store any toys. This horse property is located inside of the equestrian community of Sky Country. Laramore Equestrian Park is within minutes of this house. The Jurupa River and his trails are just minutes away.  Be sure to put this one a the top of your list to tour soon!
Jurupa Valley is the newest City of the Inland Empire located in the Riverside County and Sky Country is one of the fewest equestrian community with 1/2 acre of home properties. Conveniently located near the 15, 60 and with minutes of the 10 and 91 freeway for easy commute to Orange County, LA County.
11302 58th Street, Jurupa Valley, CA 91752 is proudly presented by Celina Vazquez from Keller Williams Rancho Cucamonga you can reach Celina @ 909-697-0823 for a private viewing.
Please Feel Free To Call, Text, or Click For More Information!
We Look Forward To Connecting With You Soon!
Celina Vazquez Home Selling Team
 
909-697-0823
Cal BRE # 01736989
 
 

How To Diagnose Water Leaks At Home

HOW TO DIAGNOSE WATER LEAKS AT HOME
 
Do you know that faulty plumbing can cause more than just high water use bill. 
Water leaks or faulty plumbing can cause structural damage and pose major health risks.
According to the EPA reports that in the U.S water leaks due to faulty plumbing in atypical home causes the waste of more than 10,000 gallons of water every year and ten percent of homes have leaks that waste 90 gallons of water a day. 
Here are five ways to detect common water leaks in your home
 
Water Bill
One of the most obvious way to know about water leaks in your home is when there is a sudden increase in your water bills. Some of us rarely pay attention to the usage of water in our water bill. It is important to pay attention to your water bill, specially the amount typically we pay in the monthly basis. If an unexpected spike in your water bill may indicate that there is a leak in the plumbing. Usually is typically to use more water during summer time than winter time due to the irrigation of plants.
 
 
 
Toilets Leaking
Do you know that one of the most common ways that water is wasted in most homes is due to leaking toilets. It is important to regularly check your toilets for signs of water leaks. If you hear the sound of water dripping a few minutes after flushing that is an indication of a leaky toilet. There are some times that water leaks at the toilet that cannot be detected visually or audibly. A simple way to find out a leaky in the toilet is by place drops of food coloring in the toilet tank to make sure there are not leaks. If the water remains colorless after 15 minutes that means there are no leaks. But if the bowl in the water changes color, you’ve got a leak. Replacing the flapper will fix this type of leak. 
 
Dripping Faucets
Dripping faucets, sinks, showers and tubs are  common causes of water leaks. Slow dripping might be small but it results in large amounts of water wasted overtime. It is important to regularly check all the faucets of the house to ensure that there are not leaks. Have them repair as soon as possible if you find any leaking faucets. Do you know hat one drip per second can add up to 3000 gallons per year.
Water Meter
If your water bill is to high, checking the water meter is a must. If the water meter that keeps on running is also indicative of water leaks in the house. By writing down the reading of your meter and check it again after a few hours without using  water in the house. If the reading is different that means there is a water leakage in the house.
Wet areas in your yard
Checking your lawn for any wet areas. If you notice wet areas in your lawn, there could be an underground leak. Have a professional plumber look over the wet area. Professionals have special equipments to detect any underground water leak. Also, check your irrigation system, a pipe or sprinkle head could be broken. Once when the line is detected can be easy to be repair.
Although the source of most of these water leaks can be located with a little effort, some can be hard to detect. Take your time to investigate and detect all the water leaks will save you lots of money and you will conserve water. 
 
For more home tips or how to make some easy  home repairs follow me at my facebook business page at
 
 
909-697-0823
Celina Vazquez
 
 
 
 
 
 
 
 

11521 Candela Drive-Rancho Cucamonga -CA 91701 JUST LISTED

JUST LISTED
BY
CELINA VAZQUEZ
11521 CANDELA DRIVE,  RANCHO CUCAMONGA CA 91701
CELINA VAZQUEZ 
JUST LISTED ANOTHER GREAT HOME IN THE CITY OF RANCHO CUCAMONGA
4 BEDROOMS | 3 BATHROOMS | BONUS ROOM | 3 CAR GARAGE
Celina Vazquez just listed another beautiful house in the beautiful City of Rancho Cucamonga, CA 91701. This beautiful house which is within walking distace of Rancho Cucamonga Central Park features 4 bedrooms plus bonus room (one bedrooms is downstairs), 3 bathrooms and 3 car garage with direct access. This beauty has an exclusive floor plan designed for gracious and comfortable living.  Large family room with fireplace, formal dining area for gracious entertaining and large living room with tile floors.  Gorgeous kitchen designed for easy cooking and cleaning with Kitchen Aid Appliances, 4-burner gas range, multi-cycle dishwasher and built-in microwave. Gorgeous ceramic tile counters and convenient center island and large pantry. The master suite has a spacious retreat, huge master bath with his-and-hers vanities and walk-in closet. The huge bonus room upstairs can be serve as an office, workout area or children’s playroom.  Step out side to the beautiful back yard with a gorgeous sparkling blue swimming pool. This house Rancho Cucamonga house within minutes of the 10, 15 and 210 freeway, The Victoria Gardens Shopping Mall, Ellena Park. This listing is not expected to last please contact Celina Vazquez to schedule your private viewing. 
Please Feel Free To Call, Text, or Click For More Information!
We Look Forward To Connecting With You Soon!
Celina Vazquez Home Selling Team
909-697-0823
Cal BRE # 01736989
 
909-697-0823

12359 Kern River Drive- Eastvale-CA -92880 -Celina-Vazquez-Eastvale

OPEN HOUSE

FEBRUARY 22, 2015

celina vazquez -realtor - Front-3 -12349 Kern River Dr - Eastvale -92880 -91752 -909-697-0823

12359 Kern River Drive – Eastvale, CA 92880

HUGE single family house offers 6 bedrooms, 4 bathrooms and 2 car garage with direct access.  With over 3,635 square feet of living space and a 8,712 square feet lot this house has it all. Located in the City of Eastvale this single family house has a  large family room with dual fireplace an open concept to the kitchen area. Formal dining room, formal living room and two bedrooms with 2 full bathrooms downstairs. 4 bedrooms with 2 additional bathrooms upstairs. The master suite has a large walk-in closet and large master bath with separate shower.

This beautiful home is located within .8 miles of Louis Vandermolen Elementary, .9 miles from River Heights Intermediate School and within a 1 mile from Eleanor Rosselvet High School. Eastvale is a City Located in Northwest Riverside County and it is one of the newest cities of the Riverside County which incorporated as of 2010.  There are various family parks around the area and the Eastvale Gateway Lewis Retail Centers which have Home Depot, Vons, Target, Sport Challet, BEST Buy, Edwards 14 Cinemas and various fashions stores and various restaurants like Corinos Italian Grill, Applebee’s and Corky’s Kitchen.

The Celina Vazquez Home Selling Team will be hosting an Open House this Sunday, February 22, 2015 to showcase this Eastvale luxury listing. Estate will have viewing time between

1:00 pm to 3:00 pm

No appointment necessary, but a pre-qualification is always recommended due to high interest.

Please feel free to call, text, or click for more information!

We look forward to connecting with you soon!

Celina Vazquez Home Selling Tam

909-697-0823

www.celinavazquezrealtor.com

Cal BRE # 01736989

Celina Vazquez-21

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What’s it worth? Use the Home Value Estimator and get your home probable sell price in today’s market! Eastvale Homes Values or call 909-697-0823.

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Mistakes That First-Time Buyers Make

Celina Vazquez
Home Selling Team
909-697-0823 | ww.celinavazquezrealtor.com

a 35 years old man taking his head with his hand, his face expresses failure

Mistakes That First-Time Buyers Make

  • No asking the right questions can end up missing a great deal. It is important to ask lots of questions to their lender. It is important to get pre-qualified and to get an estimate of closing cost based on the approved loan amount. Not knowing the cost involved at front will cost you not to have a deal.
  • Buyers need to be alert, if they see a house that they like. They need to act quick or someone else with buy the house. Is not about selection it is a process where you eliminate needs and wants of what you look in a property.
  • Choosing the right Real Estate Agent that truly understands the home buying process. A Real Estate Agent who is dedicated to meeting your needs-before, during and after the sale.
  • If you really like the house, putting an strong offer what will look appealing to a seller will be the difference of getting your offer accepted or rejected.
  • When you are buying a home is also important to think about the resale of that home before your buy. The average first-time buyers only stays in a home for four years.

Looking for a house to buy? Click Here!

Have A Home To Sell? Get Your FREE Market Evaluation Here!

We look forward to connecting with you soon!
Celina Vazquez Homes Selling Team
909-697-0823
celinalvz@gmail.com
www.celinavazquezrealtor.com

Celina Vazquez, Realtor, Realtor in Eastvale Ca, Eastvale Realtor, 909-697-0823

Full Real Estate Services
Equity Listings
Standard Listings
Short Sale Listings
Trustee Sale Listings
Probate Sale Listings
Investor Listings
First Time Home Buyer
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