The National Association of Realtors 2011 Buyer and Seller Profile report has some interesting data, but really not that surprising when I compare that data to what I see in the field every day. The reports stated: eighty-eight percent of home buyers used the internet as one of the information sources in their home search […]
Garage Conversions – How they might affect a home buyer or seller
Garage Conversions. In Simi Valley Garage Conversions are pretty common; not that every one has one, but I run into them often. It is understandable why people convert Garage space to more living space, but these conversions seldom comply with local building codes. It’s hard to find a quality garage builder in Belpre, Ohio but […]
6 things you can do to prepare for the loan approval process
Getting a Loan to purchase a home can seem complex and difficult. Adding that there are a number of mortgage brokers looking for your business to take it instead of giving you advice on debt, it is important that you understand that you can quickly size up who you are considering to handle your loan […]
Carbon Monoxide Alarms – Do you have them in your home?
Beginning July 1, 2011, the Carbon Monoxide Poisoning Prevention Act brought by California Senate Bill – SB 183 now requires all single-family homes with an attached garage or a fossil fuel source to install carbon monoxide alarms by July 1, 2011. In Simi Valley almost every home I have been in, has a natural gas […]
The Difference Between Updating & Remodeling your Simi Valley Home
The primary reason anyone should have when improving their personal residence should be for their own enjoyment and comfort factor. The side effect or secondary benefit of adding to the comfort factor of your own Simi Valley home, is that those improvements could add value to your home if at some point you decide to […]
Top 5 Upgrades Simi Valley Home Buyers look for in a Purchase
Simi Valley home owners considering selling their home who would like to know what upgrades will make the difference when it comes time to sell, should look at the following list to understand what kind of competition they may be up against in the market place. Home owners not looking to sell, but who are […]
The Lighter Side of Simi Valley Real Estate – The Marijuana Clause
Yes that’s right, I said it … MARIJUANA! It’s almost hard to believe that it’s already 12 years since the Medical Marijuana ballot initiative Proposition 215 passed. If you are planning to purchase a home in Simi Valley, we have a disclosure to inform you that the property you are purchasing could have had Medical […]
The Appraisal Bottleneck Adding a Twist to our Current Simi Valley Real Estate Market
Housing inventory has plummeted to 1.75 to 2.25 months supply for Simi Valley. This super tight market condition has real estate agents excited, home sellers excited and is creating stressed out buyers. While sellers have become more reluctant to put their homes on the market over the last couple months; the same pool of buyers […]
FHA Loans are about to get more expensive
On April 9th the Federal Housing Administration announced that the cost of mortgage insurance premiums are going up. This will affect home buyers in the following ways: An increase from 1% to 1.75% in the upfront mortgage insurance premium A .10% increase in the annual mortgage insurance premium. On June 11, 2012 loans exceeding $625,000 […]
Ramifications on Real Estate in Divorce. Is it time to sell your Simi Valley home?
Divorce happens, not every marriage is successful and as a Simi Valley real estate agent I have been called to help divorcing couples sell what usually amounts to their largest asset in the marriage, their home. This is typically one of the more stressful events in a divorce as not only is the home a […]
