ovember Newsletter just went out and if you’re on my mailing list, you should have received it yesterday afternoon. If you missed it or have not joined my mailing list, click the link below to read the latest market news, real estate market, and what is going on in the Desert. Enjoy!
Using the Right Paint Color May Increase Your Home’s Value. When getting ready to sell your home in Coachella Valley, you’re likely pondering how to showcase it in the most appealing way to potential buyers. It’s crucial that your space is immaculate, well-organized, and visually appealing, allowing buyers to envision it as their future residence. Traditionally, homeowners have been advised to opt for neutral design schemes. However, this trend may be changing.
oans. These loans have a slightly higher interest rate but a lower monthly payment while the borrower waits for the rates to decline. Once the FEDs stop increasing interest rates and the market calms down, the loans can be refinanced at a lower interest rate, allowing you to purchase now when there’s less buyer competition.
This unique proposition presents borrowers with an alluring incentive: a potential reduction of up to 0.875% in the advertised mortgage rates if they choose to open a Certificate of Deposit (CD) with their bank.
My September Newsletter is Published and if you’re on my mailing list, you should have received it Friday Morning. If you missed it or have not joined my mailing list, click the link below to read the latest market news, real estate market, and what is going on in the Desert. Enjoy!
Unique Equity Loan – Some good news from Dean Rathbun:
“Let’s talk about a great new bridge loan. We have a unique equity access loan in which a borrower with substantial equity in their current home can access that equity with a new temporary equity access loan. They will then qualify on a new purchase mortgage and we will NOT count the departing residence mortgage payment in their debt-to-income ratio. This is a great way for clients to get pre-approved using the equity access loan ahead to then go into their new purchase, qualifying only for the property tax and insurance on the departing home. The mortgage on the house they are leaving will not be counted against them. This is a game-changer for so many. This is not a bridge loan for people who want to access their current equity and have no mortgage on the new purchase. That would be a standard private money bridge loan..
ve ever glanced at real estate listings and stumbled upon an advertisement for a “luxury home,” you might have thought, “This one must be truly exceptional!” But what truly defines a luxury home? Is it mainly the price, the location, the size, or perhaps a mysterious blend of all these factors?
What to consider before Purchasing a Home when you retire. Gaining insights into the critical aspects of buying a new home during your golden years can help you navigate potential challenges more effectively.
portunities in the Desert – Words from Dean Rathbun, United American Mortgage Corporation
Health care and social assistance. All other sectors were quite low.
Buyers – Do You Have Concerns? Welcome to the enchanting world of the Palm Springs area real estate, where the dream of owning a home meets the stunning allure of Coachella Valley. As a seasoned real estate agent in La Quinta, California, I understand potential buyers’ apprehensions when considering a property investment.