Maria Homes Team’s Post

I know it's exciting when you finally find a house you love and you’re getting ready to move! 🏠✨ How you're going to decorate, what furniture you want to buy, etc. Here are some things NOT to do while you’re waiting to get to the closing table: ·        DON'T deposit large sums of cash ·        DON'T make any large purchases ·        DON'T cosign loans for anyone ·        DON'T switch bank accounts ·        DON'T apply for new credit ·        DON'T close any accounts ·        DON'T change jobs Bottom line — everyone involved in the loan wants the process to go as smoothly as possible. Before you move money around or buy that new car while you're under contract on a home, always make sure you consult with ME, your lender! 📝🏠 #HomeBuyingTips #ClosingProcess #FinancialPreparation #HomeBuyingJourney #LenderAdvice #MortgageProcess #RealEstateTips #PrimeLendingCalHI #SacramentoRealEstate #SacramentoRealtors #Sacramentohomes #ElkgroveRealtors #ElkgroveRealEstate

"Do I Have to Sell My House Before Buying a New One?" 🤔 Good news! There's no requirement to sell your house before buying a new one. However, owning two properties simultaneously can be challenging. Here are a few options to consider: 1️⃣ Bridge Loan 💼: Use a short-term loan to borrow against the equity in your current home for the down payment on the new property. Repay the loan when your current home sells. 2️⃣ Rent Out Your Home 🏢: Generate income by renting out your current home while living in the new one. Be prepared for the responsibilities of being a landlord. Ultimately, the decision depends on your financial situation and long-term plans. If you need guidance on whether to sell your current home before buying a new one, reach out to us! We can help you evaluate options and create a plan that suits you best. 🏠🔑 #VilasPointRealEstate #REMAXPreferred #Seller #Buyer #HomeOwner

"Do I Have to Sell My House Before Buying a New One?" 🤔 Good news! There's no requirement to sell your house before buying a new one. However, owning two properties simultaneously can be challenging. Here are a few options to consider: 1️⃣ Bridge Loan 💼: Use a short-term loan to borrow against the equity in your current home for the down payment on the new property. Repay the loan when your current home sells. 2️⃣ Rent Out Your Home 🏢: Generate income by renting out your current home while living in the new one. Be prepared for the responsibilities of being a landlord. Ultimately, the decision depends on your financial situation and long-term plans. If you need guidance on whether to sell your current home before buying a new one, reach out to us! We can help you evaluate options and create a plan that suits you best. 🏠🔑 #VilasPointRealEstate #REMAXPreferred #Seller #Buyer #HomeOwner

"Do I Have to Sell My House Before Buying a New One?" 🤔 Good news! There's no requirement to sell your house before buying a new one. However, owning two properties simultaneously can be challenging. Here are a few options to consider: 1️⃣ Bridge Loan 💼: Use a short-term loan to borrow against the equity in your current home for the down payment on the new property. Repay the loan when your current home sells. 2️⃣ Rent Out Your Home 🏢: Generate income by renting out your current home while living in the new one. Be prepared for the responsibilities of being a landlord. Ultimately, the decision depends on your financial situation and long-term plans. If you need guidance on whether to sell your current home before buying a new one, reach out to us! We can help you evaluate options and create a plan that suits you best. 🏠🔑 #VilasPointRealEstate #REMAXPreferred #Seller #Buyer #HomeOwner

8 Steps to Determine What Home is Right for Your Family Step 7. Future Resale Value • Market Trends: Research the real estate market trends in the area. Know if it is a sellers’ or buyers’ market. Your agent can help you with this. Is the neighborhood improving or declining? • Home Style Popularity: Some styles may retain value better than others over time. You may think it is your forever home but always keep in mind the possibility that you may need to sell it someday. • New Construction or Resell Homes? • Move-in Ready or a Fixer? All types of loans will not work for a fixer upper house. Talk to your lender and agent to learn more.

I know it's exciting when you finally find a house you love and you’re getting ready to move! 🏠✨ How you're going to decorate, what furniture you want to buy, etc. Here are some things NOT to do while you’re waiting to get to the closing table: ·        DON'T deposit large sums of cash ·        DON'T make any large purchases ·        DON'T cosign loans for anyone ·        DON'T switch bank accounts ·        DON'T apply for new credit ·        DON'T close any accounts ·        DON'T change jobs Bottom line — everyone involved in the loan wants the process to go as smoothly as possible. Before you move money around or buy that new car while you're under contract on a home, always make sure you consult with ME, your lender! 📝🏠 #HomeBuyingTips #ClosingProcess #FinancialPreparation #HomeBuyingJourney #LenderAdvice #MortgageProcess #RealEstateTips

Thinking of taking the next step up the property ladder? Check out these ideas for buying, selling, and making sure you're covered. Please give me a call today on 027 283 6235 and let's talk about how I can help you #propertyinvestment #realestate #auckland #mortgages #homeloans #finance #firsthomebuyers #lending #togethergreater https://lnkd.in/e7Ya6PYm

Let's address the elephant in the room when it comes to buying a bigger house. It can be a daunting task, but with the right information and planning, it is definitely achievable. One important aspect to consider is figuring out what you can afford before you start looking at potential homes. This will give you a clear idea of your budget and help you narrow down your search to houses that are within your financial reach. One option to explore when buying a larger home is obtaining a jumbo loan. These loans are designed for higher-priced properties and can provide you with the necessary funds to purchase your dream home. It's important to work with a knowledgeable real estate agent who can guide you through the process of securing a jumbo loan and finding the perfect home that fits your needs. Another important factor to consider is buying before you sell your current home. This can be a strategic move that allows you to take your time finding the right property without feeling rushed to sell your existing home. By planning ahead and knowing your options, you can make the transition to a bigger house a smooth and successful one. If you're in the market for a larger home, don't let the elephant in the room overwhelm you. Take the time to research your options, work with professionals who can help you navigate the process, and make an informed decision that will lead you to your dream home. #jumboloans #buyingahome #buybeforeyousell #biggerhouse #realestateagents

I know it's exciting when you finally find a house you love and you’re getting ready to move! 🏠✨ How you're going to decorate, what furniture you want to buy, etc. Here are some things NOT to do while you’re waiting to get to the closing table: ·      DON'T deposit large sums of cash ·      DON'T make any large purchases ·      DON'T cosign loans for anyone ·      DON'T switch bank accounts ·      DON'T apply for new credit ·      DON'T close any accounts ·      DON'T change jobs Bottom line — everyone involved in the loan wants the process to go as smoothly as possible. Before you move money around or buy that new car while you're under contract on a home, always make sure you consult with your lender! 📝🏠 #HomeBuyingTips #ClosingProcess #FinancialPreparation #HomeBuyingJourney #LenderAdvice #MortgageProcess #RealEstateTips #mortgagewithmelissa

My goal on every property is to buy it for $0 down. (Here is how I do it) 1) I find a lender who is able to cover up to 100% of the purchase price and rehab costs. This can be a hard money lender or private lender. 2) I find a property that needs to be rehabbed. This can be found on-market or off-market. 3) I get that property under contract for a major discount. 4) I create a rehab budget and the lender orders an appraisal to determine the ARV. 5) If the numbers work out, we move forward to the closing. Simple. But not easy. P.S. - If you are a person looking to get your first rental property in the next 90 days and need help with this strategy. DM me "Property"