on the EDGE of LOSING YOUR HOME?
Millions of homeowners today are having trouble payng their mortgages and don't know what to do next. If you or someone you know is in this situation, a SHORT SALE may be your best solutions.
A SHORT SALE is a dignified solution to foreclosure and can have a lesser impact on your financial situation. This includes your eligibility to secure a home loan for the future.
Compared to short sales, the consequences of foreclosure are significant. To learn the benifits of a short sale, and what this means for you, give us a call today.
Serving the Inland Empire and the surrounding counties of Riverside, Orange & Los Angeles, call Michael Lovelace and Virginia De La Mora-Lovelace, your Century 21 Home Realtors.
Anything and everything you need to know about selling and buying a home can be found here on our website!
Together everyone achieves more, therefore our clients are the "Most Valuable Players" on our team. We are dedicated to providing the best service to all of our clients, we exceed our clients expectations as a Realtors, giving our clients more service than they expect. (click here to see client's testimonials)
When you choose a Realtor, you should expect a high level of personal attention, a straight forward honest approach and a comprehensive process to ensure your goals are met smoothly and successfully. With the combined 46 years of Real Estate experience, you can surely expect to receive that from "The MVP Team".
A few key attributes to look for in a Realtor include:
A Strong Marketing Plan
Detailed Knowledge of the Local Market
Outstanding Negotialing Skills
A Personalized, Client-oriented consultative approach
Integrity, Honesty and a High sense of Obligation to serve your
needs first and always!
PROBATE REAL ESTATE
We specialize in the area of Probate and helping Administrators and Executors for the sale of any Real Estate Properties that the estate has to liquidate.
Signs of Life from the Real Estate Market
Some housing markets, especially those with the highest rates of foreclosure, are receiving multiple offers on properties, as declining home prices enable more first-time home buyers to enter the market, and investors are enticed by the opportunity to purchase properties at favorable prices.
MAKING SENSE OF THE STORY FOR CONSUMERS
Some homeowners who are underwater also are at risk of foreclosing, enabling home buyers to purchase these homes at favorable prices. Often, lenders are more willing to negotiate a short sale on a property if it will cost less money than a foreclosure. While this should create an opportunity for home buyers to negotiate the sales price of the home, in some cases distressed properties are receiving multiple bids, especially those in highly desirable neighborhoods.
Home sales in areas near government, defense contractor, healthcare, biotech, and university jobs are flourishing, as more people relocate to these areas for employment opportunities.
How to improve your credit score
 More than ever, that three-digit number could cost you. Lenders have begun imposing fees for everyone who doesn't fall into the top tier of credit - and that's a whole lot of people.
"Let's say 680 got you the best rate on a mortgage 24 months ago," says John Ulzheimer, a credit expert with Credit.com. "Today you need to shoot for 780 to 820 to get the best deal."
Boosting your credit score from 660 to just 740 can lower your mortgage rate by a quarter of a point. To improve your score, focus on paying down debt, which will bring your crucial debt-to-credit ratio down.
DId you purchase your home between 2005 and 2007?
Mortgage Forgiveness Debit Relief Act of 2007
California Market Analysis
No question - we are in a "down" real estate market. The question is: Who does this hurt, and who does it benefit? This month, we will discuss the winners and losers in the current real estate market. LOSERS -- If you purchased a home in the last two years and need to sell in this market you have been hit hard by lower prices. Unless you had a down payment of at least 15-20%, you will likely need to bring in additional cash or will need financial assistance in order to close escrow. You also could be hit hard if you purchased your home with a low down payment and an adjustable-rate mortgage that is now adjusting to a significantly higher monthly payment. In appreciating markets, you could refinance into a low-interest, fixed-rate loan. With the current market conditions, that option does not exist. WINNERS -- Buyers who could not afford the higher prices of two years ago may now be able to afford to enter the marketplace. This market also presents opportunity for investors who look for two ingredients -- low prices and low interest rates. Since both are present today, we look to see 2008 as an investor-rich market. There is a third category into which the majority of people fit. Most people fall into the unaffected category. They own a home that they do not plan on selling in the near future. although the market has trailed down, history suggests it will be on the rise in the future, and they virtually vitually unaffected by this "down" estate estate market. In conclusion, real estate can be a volatile short-term investment, but it is a stable investment of the long term.
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12 Free Services That Pay Off For Buyers |
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To buy a home, you need to see things clearly. Knowledge and experience can sharpen your vision, and that's why it pays to shop with real estate professionals. Buying, of course, involves much more than driving around neighborhoods and looking at homes. As experienced real estate professionals, we can offer you the following 12 services (and many more) to make your house hunting a successful and satisfying process.
We will: 
- Go over your present and future housing plans to help you decide what kind of home will best suit you.
- Go over your budget, to help you arrive at a realistic, affordable price range.
- Explore with you all the suitable homes for sale in the Multiple Listing Service.
- Acquaint you with the area, the variety of neighborhoods, shopping spots, and educational, social, religious and recreational facilities.
- Explain the differences within each neighborhood, to help you decide which is most compatible with your interests and investment plans.
- Show you any home listed by our office, by any other MLS Realtor, or any home advertised by any agency's yard sign.
- Help you evaluate the advantages and/or drawbacks among the various homes you examine.
- Provide you with the specific information you need about area taxes, government, and laws.
- Guide you concerning the various financing plans currently available for home purchase.
- Present your offers during offer and counter-offer negotiations.
- Assist you through the process of home inspection and buyer/seller agreement concerning responsibility for property condition and conveyances.
- Counsel you throughout settlement procedures, to make sure that your interests are well protected.
These are only a dozen of the services we provide to home buyers. To get started, simply give us a call. We'll help you determine what price you can afford and explain how different financing plans can save you money in monthly payments.
We would be happy to represent your interests in purchasing a home. Give us a call for more information! |
A Great 'How-To' Website
Click here for more information
Activities, resources, and advice for moving with children.
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Code of Ethics: What it means for consumers
