Credit Scores for Homebuying

Credit scores are crucial to the homebuying process. Not only does your FICO score determine if you can qualify for a loan in the first place, it will also have an impact on your mortgage terms. Your credit will affect getting the type of loan that will fit your family budget. You should also plan […]

Above List Price = New Norm in Sacramento Housing Market

As reported in the June 11 issue of Sacramento Business Journal,  properties throughout the Sacramento region have sold, on average, 4% above their original list price, according to Metrolist data and local appraiser, Ryan Lundquist. For example, in Roseville buyers paid $32,182 over list price on average whereas Rocklin is $22,238 over list.  This data justifies the recommendation […]

Proposition 19

Understanding how Proposition 19 affects property tax implications tied to your property transfer is an important consideration when buying or selling a home. Starting April 1, 2021, homeowners who are 55 or older or those who lost their home in a natural disaster are allowed to transfer the taxable value of their primary residence to […]

Interest Rate Buy Down

An interest buy-down is a real estate financing option that Buyers can use to offer list price AND retain an affordable mortgage. By providing a credit to the Buyers, it allows Sellers to get their List Price from a qualified deal. It’s a win-win for both parties. If you have questions, please let me know […]