Monday, March 27, 2023 / by Emman Cristobal
InHouse Spring - 2023
Welcome to SPRING! Yay!!!
I can’t think of anything better to bring you in this season’s Inhouse than one of my favorite Core Values of our great, historic real estate company: Embrace Continual Improvement. Picture for a moment what our world would be like if growth never occurred? In the simplest form of the word, that would be quite a sight! Babies for as far as the eye can see and no one to help them grow into the people they were created to be. And what if we carried that same thought process of growth further, but with respect to the mind? The growth of our mind has a much greater ability to shape our present and more importantly, our future.
The most powerful concept and idea that any person will ever practice is Continual Improvement. This concept should be classified as a universal business principle in our lives. A universal principle should be seen as a controlling factor in any outcome and the more it is known and und; ...
Friday, March 24, 2023 / by Emman Cristobal
There has been some discussion recently on home prices in relation to mortgage rates. Some believe if there is a rapid rise of mortgage rates, home prices should decrease. Logically it makes the most sense for the price of the house to drop when interest rates are rising, but this is not always the case.
This theory of home prices decreasing is typically discussed by future home buyers. As a buyer you would like to think if you are paying higher rates on your mortgage, you should be able to see a decrease in cost somewhere else. Unfortunately, these rates are rising because the economy is in better shape. As the economy succeeds, incomes rise, rates go up, as well as the price of the home.
A recent study by the John Burns Real Estate Consulting found mortgage rates have very little impact on the cost of the home. The housing market and price increases are affected by things like job growth in the area and rising wages. Coincidentally, these same factors are causing the rise in the mo0 ...
Thursday, March 23, 2023 / by Emman Cristobal
It is easy to become overwhelmed when you enter the home buying market. Friends, family, colleagues, and even acquaintances will give you their opinions if you are a first time home buyer. While most of them are looking out for your best interest, they are not fully aware of what is happening in the housing market.
It is important for you to be prepared and have your own questions ready. No matter what other opinions you are getting, you are the one buying the home and your comfort level will help make your final decision. Here are three important questions to ask before you purchase a home.
1. Why am I Buying a Home?
Regardless of the finances, it is important to think about what made you want to buy a home in the first place. Usually the reasons don’t have to do with money. Instead, home buyers are focused on how the house will impact their family in the future. A study done by the Joint Center for House Studies at Harvard found there are four reasons people buy a home. Thos0 ...
Wednesday, March 22, 2023 / by Emman Cristobal
Potential homebuyers are always cautioned to be aware of mortgage lending standards and the difficulty they might face when trying to obtain a mortgage. Credit availability is expanding, making it easier to get a mortgage now than it was a year ago. The market is still tight however, and homebuyers should be prepared to shop around until they find a lender who is offering something that will meet the needs of their family.
Mortgage lending companies have high standards so it is important to make sure you and anyone else who will be included on the mortgage have their credit in check. The mortgage market is strict because lenders do not want to be put in a situation where they are forced to repurchase loans that are not paid on. They also do not want to end up in a litigation situation due to loan issues.
What Has Happened to the Number of Mortgages?
Due to the strict nature and requirements of the lending companies, the number of mortgages given out has significantly dropped. A repo0 ...
Friday, March 17, 2023 / by Emman Cristobal
ROSEMEAD, CA, UNITED STATES, March 3, 2023 — Due to the current state of the economy, many home sellers are struggling to sell their homes for their actual value and are forced to wait for months. To address this problem, California’s leading realty, Your Home Sold Guaranteed Realty, is introducing the most comprehensive pre-owned certified home benefits packages in the industry. Starting from April 2023, home sellers under the YHSGR California Certified Pre-Owned Home™ banner will be able to sell their homes within their desired time frames and for more money.
Under this program, each Your Home Sold Guaranteed Realty CPO™ home will receive a thorough pre-inspection by a licensed home inspector before it is listed on the market. The seller will receive a detailed report of any problems found during the inspection, which will help them to address these issues beforehand or disclose them to potential buyers upfront.
Your Home Sold Guarantee ...