One of the many joys of homeownership is incorporating your signature style throughout your home. From furniture and rugs to artwork and paint colors, there are so many ways you can make a space all your own.
But there’s one space in the home that’s often left untouched — the ceiling. Though rarely considered, it’s a vital part of your home’s story.
Whatever your design style, there are plenty of ways to dress up your fifth wall. Check out these ceiling styles that designers and architects are raving about:
Go Modern Minimalist If you like sleek and elegant design schemes, minimalism is for you. A minimalist home has clean lines in a defined color palette. Forego bright color schemes and add elaborate elements sparingly.
Add Some Rustic Charm If you’d prefer a more accessible look, then rustic style is the answer. It’s comfortable, warm and inviting with neutral tones and natural textures like wood and stone.
Wood is the order of the day with a rustic ceiling motif. Rough-hewn panels, bold beams or reclaimed wood will add stunning character to your barnhouse decor.
Keep It Traditional If you’re looking for a style that’s casual and understated, consider a classic look. It’s a great option whether you enjoy muted tones or simple pops of color.
For traditional ceilings, bright white paint with recessed lighting is a tried-and-true choice. Your cool and classic fifth wall can be flat or vaulted with lavish details like crown molding or coffers.
On our nations Independence Day, remember
why we celebrate. Despite the constant attacks on the United States, we are the
greatest country ever created. Brave men and women have in the past and
continue to fight for our way of life. We, as citizens have been entrusted to
fight daily, to hold on to the legacy that was handed to us by our forefathers all
the way back to our nation’s fathers. People smarter than I, with an awful lot
to lose put their lives on the line because they knew that a government for the
people was far better than the ruling class that they left behind. They warned
us about government intervention and what would happen when the government has
too much power.
The founding fathers believed in a limited
government and that is why they believed that they needed a constitution and
that it needed to be written. If the constitution is written, all the citizens
would know the limitations of the government and that they could prevent the
government from exceeding their limitations.
Contrast that to what is happening today, and
could we be living in the world that our founding fathers warned us about? Open
boarders, Socialism, large government, free health care for all, race baiting,
erasing the past, reparations?
These are the very things that our founding
fathers fought against and for some reason we are living in these times where
common sense is shunned and ostracized. Is it any wonder, since civics is no longer
taught in schools, that kids don’t even know anything about WW2 or what it was
about much less the Civil War or Revolutionary War?
Taxation without representation? What is
socialism? Although we are a Democratic Republic, I keep thinking back to a
quote that I wrote down years ago that was said by a Scotsman named Alexander
Fraser Tyler over 200 years ago, he said; “A democracy cannot exist as a
permanent form of government. It can only exist until the majority
discovers it can vote itself largess out of the public
treasury. … will endure until politicians realize they can bribe
the people with their own money.”
My challenge this Independence
Day is to spread the word, teach our young and to fight for common sense and to
save our great nation, because it is worth fighting for.
God Bless America
Have you ever wondered what happened to the 56
men who signed the Declaration of Independence?
Five signers were captured by the British as
and tortured before they died.
Twelve had their homes ransacked and burned.
Two lost their sons serving in the
another had two sons captured.
Nine of the 56 fought and died from wounds or
hardships of the Revolutionary War.
They signed and they pledged their lives,
and their sacred honor.
What kind of men were they?
Twenty-four were lawyers and jurists.
Eleven were merchants,
nine were farmers and large plantation owners;
men of means, well educated,
but they signed the Declaration of
Independence knowing full well that the penalty would be death if they were
Carter Braxton of Virginia, a wealthy planter
and trader, saw his ships swept from the seas by the British Navy. He sold his
home and properties to pay his debts and died in rags.
Thomas McKeam was so hounded by the British
that he was forced to move his family almost constantly. He served in the
Congress without pay, and his family
was kept in hiding. His possessions were taken
from him, and poverty was his reward.
Vandals or soldiers looted the properties of
Dillery, Hall, Clymer, Walton, Gwinnett, Heyward, Ruttledge, and Middleton.
At the battle of Yorktown, Thomas Nelson, Jr., noted that the British General Cornwallis had taken over the Nelson home for his headquarters. He quietly urged General George Washington to open fire. The home was destroyed, and Nelson died bankrupt.
Francis Lewis had his home and properties
destroyed. The enemy jailed his wife, and she died within a few months.
John Hart was driven from his wife’s bedside
as she was dying. Their 13 children fled for their lives. His fields and his
gristmill were laid to waste. For more than a year he lived in forests and
caves, returning home to find his wife dead and his children vanished.
So, take a few minutes while enjoying your 4th
of July holiday and silently thank these patriots. It’s not much to ask for the
price they paid.
Remember: freedom is never free!
I hope you will show your support by sending
this to as many people as you can, please. It’s time we get the word out that
patriotism is NOT a sin, and the Fourth of July has more to it than beer,
picnics, and baseball games.
Remember, it once was and still is worth fighting for. God Bless America.
May 27th – Memorial Day 2019 is
more than just the kickoff to summer or a day off work. Take a minute say a
prayer and give thanks to those that fought and died so that we can live in the
greatest country ever created. Although we are going through some changes and
tough times and many have forgotten who we are and what we stand for, The
United States of America was once worth fighting for and I believe that it
still is. For those that fought and died for our great nation, take a minute to
Greater Love has no one than this, than to lay down one’s
life for his friends.
Did you know? Each year on Memorial Day a national moment of remembrance takes place at 3:00 p.m. local time.
Do You Know the Difference between Memorial Day and Veterans Day?
Memorial Day is an American holiday, observed on the last Monday of May, honoring the men and women who died while serving in the U.S. military. Memorial Day 2019 occurs on Monday, May 27.
Originally known as Decoration Day, it originated in the years following the Civil War and became an official federal holiday in 1971. Many Americans observe Memorial Day by visiting cemeteries or memorials, holding family gatherings and participating in parades. Unofficially, it marks the beginning of the summer season.
Observances of Memorial Day
The Civil War, which
ended in the spring of 1865, claimed more lives than any conflict in U.S.
history and required the establishment of the country’s first national
By the late 1860s,
Americans in various towns and cities had begun holding springtime tributes to
these countless fallen soldiers, decorating their graves with flowers and
It is unclear where exactly
this tradition originated; numerous different communities may have
independently initiated the memorial gatherings. Nevertheless, in 1966 the
federal government declared Waterloo, New York, the official birthplace of
celebrated the day on May 5, 1866—was chosen because it hosted an annual,
community-wide event, during which businesses closed and residents decorated
the graves of soldiers with flowers and flags.
On May 5, 1868,
General John A. Logan, leader of an organization for Northern Civil War
veterans, called for a nationwide day of remembrance later that month. “The 30th
of May, 1868, is designated for the purpose of strewing with flowers, or
otherwise decorating the graves of comrades who died in defense of their
country during the late rebellion, and whose bodies now lie in almost every
city, village and hamlet churchyard in the land,” he proclaimed.
The date of
Decoration Day, as he called it, was chosen because it wasn’t the anniversary
of any particular battle.
On the first Decoration Day, General James Garfield made a speech at Arlington National Cemetery, and 5,000 participants decorated the graves of the 20,000 Union and Confederate soldiers buried there.
Many Northern states held similar commemorative events and reprised the tradition in subsequent years; by 1890 each one had made Decoration Day an official state holiday. Southern states, on the other hand, continued to honor their dead on separate days until after World War I.
of Memorial Day
Memorial Day, as
Decoration Day gradually came to be known, originally honored only those lost
while fighting in the Civil War. But during World War I the United States found
itself embroiled in another major conflict, and the holiday evolved to
commemorate American military personnel who died in all wars.
For decades, Memorial
Day continued to be observed on May 30, the date Logan had selected for the
first Decoration Day. But in 1968 Congress passed the Uniform Monday Holiday
Act, which established Memorial Day as the last Monday in May in order to
create a three-day weekend for federal employees; the change went into effect
in 1971. The same law also declared Memorial Day a federal holiday.
Cities and towns
across the United States host Memorial Day parades each year, often
incorporating military personnel and members of veterans’ organizations. Some
of the largest parades take place in Chicago, New York and Washington, D.C.
Americans also observe Memorial Day by visiting cemeteries and memorials. Some people wear a red poppy in remembrance of those fallen in war—a tradition that began with a World War I poem. On a less somber note, many people take weekend trips or throw parties and barbecues on the holiday, perhaps because it unofficially marks the beginning of summer.
“In Flanders Fields”
by John McCrae
In Flanders fields
the poppies blow
Between the crosses, row on row,
That mark our place; and in the sky
The larks, still bravely singing, fly
Scarce heard amid the guns below.
We are the Dead.
Short days ago
We lived, felt dawn, saw sunset glow,
Loved and were loved, and now we lie
In Flanders fields.
Take up our quarrel with the foe: To you from failing hands we throw The torch; be yours to hold it high. If ye break faith with us who die We shall not sleep, though poppies grow In Flanders fields.
I wrote the top paragraph and I took the rest off of a couple of History.com articles… Good stuff I was feeling extremely patriotic today and wanted to get something out to share. I made a donation yesterday to the Vets and picked up a poppy… I feel horrible that civics is no longer taught in school and that young people these days want big government and socialism… What the heck? That is what our great heroes fought for and against. I believe that there are enough good people and that the pendulum will swing and people will come back to what made us great and why our heroes left their homes and put their lives on the line in a foreign soil… How about the men who gave up everything to become outlaws and kick England the heck out of here. They didn’t want big government… The fought to be free men. Remember, it once was and still is worth fighting for. God Bless America.
There were numerous occasions as a
young man when I would seek my Dad out for his advice or insights, typically his
response was not as succinct as to say “plastics” and because we were in San
Francisco, telling me to go west was not an option. Often, however, his
insights included a reminder that we live in San Francisco and that the rest of
the country doesn’t think or act like we do here in the Bay Area. This was, for
the most part a good thing, but also the reason that so many people flocked to the
City by the bay.
I am often reminded of my Dad’s
comments when I read trade articles regarding Real Estate. When housing trends,
prices and inventory are discussed, I must remind myself that they are speaking
nationally, while we in the Bay Area definitely march to our own drumbeat. I
did, however, read two real strong Bay Area Real Estate specific articles that
I wanted to share. One by Louis Hansen of the
Bay Area News Group writes an interesting piece that discusses March being the
first month in seven years to have a downward tick in housing sales, what may
have caused it and what to expect. Then Kaitlyn Bartley,
also of the Bay Area News Group writes about the Bay Area’s least affordable
communities. In spite of the warnings put forth in Louis’ article, the Bay Area’s
price still out pace most of the nation.
Check these out and let me know what
you think, is it doom and gloom time, or is it time to capitalize on this hot
market. As always, I look forward to hearing from you.
Snap! Record climb of Bay Area home prices broken!
Declines in tech-heavy suburbs lead to
flat median sale prices
Home sales in the Bay Area lagged in March, with high prices continuing to push may would-be buyers to the sidelines.
PUBLISHED: April 29, 2019 at 10:06
am | UPDATED: April 29, 2019 at 6:13 pm
Median home sale prices in the Bay Area
dipped ever-so-slightly in March, marking the end of a record-breaking,
seven-year streak as even high salaries and low-interest rates failed to entice
buyers into the country’s most expensive market.
Prices for existing homes in the
nine-county region fell .6 percent, while the number of home sales plummeted 14
percent from the previous March, according to a report released Monday by real
estate data firm CoreLogic. Declining sales and prices in the core Silicon
Valley counties of San Mateo and Santa Clara led the drop-off, even as Silicon
Valley tech giants continued to add jobs.
Alameda County, meanwhile, saw a slight
increase in median price while Contra Costa County saw a slight decline.
Home sales hit spring lows not seen for
the month since March 2008, according to the survey. CoreLogic analyst Andrew
LePage said last month’s decline continues a slow-down from mid-2018, when more
homes started to be put up for sale and prices no longer vaulted to double
“It is the smallest decline possible,”
LePage said. “The market has flattened out.” He added that the next few months
will indicate if the drop reflects a deeper trend or simply a “pause.”
The record-breaking streak pushed Bay
Area home prices from a median of $425,000 in April 2012 to a peak of $935,000
in May 2018. The highest-in-the-nation prices led to seven-figure bidding wars
on fixer-uppers, and alarmed state
lawmakers concerned that the desperate housing shortage was threatening the
long-term economic and social health of the region.
As tech giants Apple, Google, Facebook
and other software and service companies added high-salaried employees in the
last seven years, a lack of new housing brought pain for would-be buyers and
gain for long-time homeowners.
“We’ve hit a price point,” said Steve
Levy, director of the Center for Continuing Study of the California Economy.
“The market is saying we’ve hit a price ceiling.”
Levy pointed to growing a supply of new
homes, which has helped curb increases in prices. But the region is still
trying to catch up from a housing deficit created by slow home construction
between 2006 and 2013. “We haven’t dug ourselves out of it,” he said.
Home sales flagged 14.3 percent Santa
Clara County and 11.8 percent in San Mateo County. Median sale prices fell by
11.1 percent to $1.2 million in Santa Clara County and 2.4 percent to $1.5
million in San Mateo County from the previous March. Prices fell 1.1 percent to
$603,000 in Contra Costa County and dropped 6.3 percent to $1.2 million in
But the days of high prices have yet to
cease, despite the slight decline in March.
The median sale price for existing homes in the nine-county region was $860,000 in March, down from $865,000 the year before. Still, some counties showed year-over-year gains last month, according to CoreLogic data: median sale prices for resale homes grew 1.2 percent to $870,000 in Alameda County, and 10 percent to $1.6 million in San Francisco.
The stalled market comes as the Silicon
Valley economy storms forward. Interest rates for standard 30-year mortgages
have dropped to 4.2 percent from a recent high of 4.9 percent in November.
The regional job market grew 2.4
percent from the previous March, outpacing the state growth of 1.4 percent and
national growth of 1.7 percent, according to the Bay Area Council. But even as
workers flock to the region, residential building permits were down 5 percent
in the first two months of the year, according to the council.
Agents report healthy demand for
lower-priced starter homes, and also an increase in homes for sale. But clouds
have been gathering for some time.
San Jose agent Gustavo Gonzalez,
president of the Santa Clara County Association of Realtors, said high prices
set by sellers expecting to get top dollar contributes to the slowdown.
Over-priced homes can sit on the market, and ultimately bring lower returns for
homeowners, he said.
But he remains optimistic. “I don’t see
the market flopping,” Gonzalez said. “There’s too much demand out there.”
Julius Chau, an electrical engineer in
San Jose, recently decided to put one of his rental properties, a three-bedroom
house in Evergreen, on the market. He grew tired of managing the property and
saw healthy returns on a sale, he said.
The home he bought two decades ago for
$300,000 sold for $1 million this month. He received about a half-dozen serious
offers, and the deal was sealed within two weeks of the home going on the
But he probably won’t invest in another
Bay Area rental. With high mortgages and costs, he said, “the cash flow isn’t
Mark Wong, an agent with Alain Pinel,
said properly priced homes still sell quickly. The entry-level market, around
$1 million in much of the Peninsula, remains hot. In addition to Chau’s home,
Wong recently sold two other homes for around $1 million within three weeks of
“The high-end price is definitely
softening,” said Wong, based in Saratoga. “The entry-level is really strong.”
East Bay sales remained healthy, with
agents reporting solid interest in homes under $1 million in good school
Nancie Allen of Masterkey Real Estate
in Fremont said balance between buyers and sellers is coming back. The market
remains spotty — certain neighborhoods remain strong, while others are less
desirable, she said.
“It is so local,” Allen said. “We’re in
PUBLISHED: May 2, 2019 at 6:30 am | UPDATED: May 2,
2019 at 11:40 am
entire Bay Area is notorious for its exorbitant cost of living, but the
Peninsula blows away the competition when it comes to the region’s most
expensive ZIP codes.
codes in Atherton, Palo Alto, Los Altos, Los Altos Hills, Portola Valley and
Stanford are the six least affordable communities in terms of housing costs in
the nine-county Bay Area and Santa Cruz County.
in the cheapest of these ZIP codes, you’d need an annual income of more than
$500,000 to buy the median priced home last year, assuming that you spend no
more than 30 percent of your income on housing. In the most expensive,
Atherton’s 94027, you’d need to bring in more than $1 million a year.
Here are the Bay Area’s six priciest communities
for buyers in 2018:
6) Stanford’s 94305 surrounds Stanford University and includes the
Stanford Golf Course and the popular hiking area near the Stanford Dish. The
real estate around the West Coast’s most elite university is accessible only to
a few. Here, a median mortgage payment runs $13,690 a month and requires an
annual income of $547,400, assuming you spend no more than 30 percent of your
income on housing, according to our analysis. That’s unaffordable to all but
the top 1.9 percent of earners in the Bay Area.
5) and 4) Los Altos and Los Altos Hills share two of the most expensive ZIP
codes in the Bay Area. Zips 94024 and 94022, which together encompass virtually
the entire city of Los Altos and the neighboring town of Los Altos Hills, require median annual incomes of $557,800 and $665,900 to
afford the median monthly mortgage payments of $13,940 and $16,650,
respectively. Although Los Altos includes a bustling downtown district, its
neighbor Los Altos Hills, which sits west of Foothill Expressway, consists
almost exclusively of residences since the town banned commercial zones.
Tucked away between Woodside and Los Altos Hills, 94028 in the smalltown
of Portola Valley comes in third on the list. Here, in the wooded hills on the
eastern slope of the Santa Cruz Mountains overlooking Stanford and Palo Alto,
the median monthly mortgage is $14,990, which requires an income of $599,600.
miles to the east in Palo Alto, ZIP code 94301,
which stretches from north of the city’s downtown area to south of Oregon
Expressway and includes Old Palo Alto and the city’s downtown shopping
district, is home to tech luminaries like Google’s Larry Page and Facebook’s
Mark Zuckerberg. Here, households must earn $676,600 annually to afford the
median monthly payment of $16,910. That means just 0.8 percent of Bay Area
residents can afford to live there.
1)The Bay Area’s
most expensive ZIP code, 94027 in Atherton, has a median monthly
mortgage of $26,930. Atherton is not only the most expensive ZIP code in
California, but in the entire country, according to Zillow.
Click here to see the photo gallery of the most expensive zip codes of the Bay Area on your mobile device.
This is the post that went out in my e-mail blast this week and it one that I really like. It is so simple, but in all my years of selling homes, it is not something that I even considered. When you consider that the purchasing of your home is the largest purchase that most people will make in their life, why not check it out first. In one of the articles that I read, the buyers asked the agent if they could rent the house that they were looking to purchase for a week, after all, the house is vacant. Because of the nature of the housing market that we have in the Bay Area, there are still multiple offers on houses, so the chances of sellers allowing buyer to rent their house for a week is highly unlikely. But there is a contingency period to do your inspections, why not check out an Air BNB in the neighborhood during that week. Check out the neighborhood at night, see what the streets are like, check out the noise level. See what your commute will be like what the walk to school will be. It’s a great thought and something that I will mention to my buyers in the future. Check out my e-mail post and let me know what you think.
Have you checked out the neighborhood?
You wouldn’t pick out shoes before choosing an
outfit, right? Or buy car accessories without first deciding if you want a
truck or a sedan?
house hunting should be treated the same way.
You shouldn’t search for a dream home without vetting neighborhoods or experiencing the new area for yourself.
If the area doesn’t meet your needs, the
property may not provide a dream scenario. So how do you make sure you’ve found
the right neighborhood? Keep these details in mind:
Cost of Living Are the property taxes
and HOA fees trending upward? Are there mostly trendy boutiques and high-end
businesses in the area, or does it have a good mix of local and national
Planned commercial development could affect
the long-term affordability of the area. However, having more access to
retailers and entertainment could enhance your lifestyle.
Commutes and Social Life How close do you want
to be to the friends and family you visit the most? How far are you willing to
drive to get to the restaurants, theaters or stores that you frequent?
It’s understandable to prioritize your work
commute, but keep in mind the other places you visit on a daily or weekly
Long-Term Goals How does the community
fit into your future goals? Are there good schools, parks or sports leagues for
A thriving community adds to your quality of
life. And it’s a good sign for future home values.
Want to try before you buy? Where
possible, consider renting a
unit in the area for
a few days through a short-term rental site. Experiencing the neighborhood like
a resident can help you to decide if it fits your current and future needs.
Are you looking for a new home? Get in touch
if you’d like to see a neighborhood report.
Realty of California Inc. – Chuck Barberini Real Estate
TV shows make finding a
profitable fixer-upper seem easy. But in the real world, there are real
challenges and decisions to be made.
Whether you’re buying an
investment property or a starter home for your family, there are dozens of
factors to consider. How much will it cost to renovate? Are home values rising
or falling in the neighborhood? How in-demand is the area?
Want to make sure your
purchase isn’t a money pit? Ask yourself these four questions:
1. Does it have good bones? We want to avoid
expensive repairs that would eat into your bottom line. It’s vital to have
structural elements like the roof, foundation, plumbing, electrical and HVAC
2. Is the price comparable to the area? The property may come
at a fixer-upper price, but how does it compare to others in the area? Let’s
also take a look at new developments or zoning laws that could influence future
3. Does it need special inspections? Fixer-uppers need to go
beyond standard inspections. Things like sewer lines, septic systems and pools
age with the property, so it’s important to have each evaluated.
4. What does your contractor think? Bringing a contractor on
board early is essential when creating your renovation budget. We need to
estimate the cost of any aesthetic changes or upgrades to avoid over improving
Remember, it’s not just the
sticker price you want to consider when buying a fixer-upper, but the cost of
the entire project.
Do you need help finding the fixer-upper of your dreams?
Together, we can evaluate the purchase price, factor in repair costs and
determine the future resale value of the home.
If you’ve already got your
eye on a fixer-upper, or want help finding a contractor in our area, get in
EXP Realty of California Inc. – Chuck Barberini Real Estate
I was going through Realtor.com this week when I saw an article that caught my eye by Becky Bracken. It showed this week’s most popular listings, which were all impressive. Besides the fact that that I am constantly blown away but the prices of homes outside of California, the Godfather’s home is for sale. Being young and impressionable in the 70’s I was a huge fan of The Godfather and their compound on Long Island. Just think of the parties that you could have in this place. This is so cool, check out the info. on the compound and the Tahoe place, there is a link to the whole article below.
An Offer You Can’t Refuse: NYC ‘Godfather’ Home Is
Week’s Most Popular Listing
Decades have passed since we
first met the Corleone family in “The Godfather,” and the mystique
just keeps pulling us back in. So, we weren’t shocked to find that a Staten
Island, NY, home used in the film ranks as this week’s most popular home
The property on the market
served as Michael Corleone’s residence—one of three that made up the
fictional Corleone family compound in the 1972 classic. The main Corleone
residence, where the film’s legendary wedding scene took place, is right next
Much of the property is unchanged from the 1970s, so it’s likely to feel familiar to fans. Quite apart from its sparkling Hollywood cred, it is a lovely family home sitting on a large lot at the dead end of a tree-lined street. The fact that Marlon Brando probably passed the time there is just one of its many selling points.
Lake Tahoe Location Seen in ‘The Godfather Part II’ on
the Market for $3.75M
The Lake Tahoe, CA, estate
famously featured in “The Godfather Part II” as Fredo’s final resting
place has since been transformed into 22 individual homes, now called Fleur Du
Lac Estates. One of the homes is currently on the market for
The original 15-acre estate
known as Fleur Du Lac was built in 1938 by businessman Henry
Kaiser to celebrate the completion of the Hoover Dam. The
company Kaiser owned was one of the principal contractors for the dam.
In all, 300 workers labored
day and night for 30 days to erect this lakeside property’s 17 homes, cottages,
yacht club, boathouse, and more, according to the community’s history.
Until Kaiser sold the estate
in the 1960s, it was used as a hideaway for business tycoons. It was also the
perfect spot for Kaiser to race his beloved hydroplanes, which were stored in
the property’s boathouse.
But to movie buffs, the home is better known as the backdrop for Michael Corleone‘s son’s first communion party, the scene of Michael brooding in his lakefront office, and the fateful final scene of Michael’s brother Fredo—all filmed in the 1970s.
Realty of California Inc. – Chuck Barberini Real Estate
Want to take the pain out of homebuying? Keep your lifestyle priorities top of mind.
If you’re planning to buy a new home, there’s great news: More houses have hit the market in recent months. This means you’ve got more options to choose from.
Choice is always good, but it can also be overwhelming.
The key? Careful, disciplined prioritization.
Let’s go beyond square footage or the number of bedrooms and consider how the property fits your life. By focusing on what matters the most to you, we can refine your search to the closest matches.
Here are the three questions every potential homebuyer should ask themselves:
Where do you want to live? Think beyond your commute. Do you want to be in a specific school district? How much street noise can you cope with?
Are you looking for an established neighborhood or one that’s up and coming? That could affect future home values.
What does the future hold? Think about the next 10 years. Are you planning to have kids? Will your aging parents move in?
If you plan to stay for the long haul, you might want a property to accommodate your family today, and in the future. If you know your career will have you on the move, will you want to sell the property or rent it out?
How much work are you willing to do? When considering condition, be honest with yourself. How much work are you truly willing to take on?
If the home needs cosmetic updates, will you want them completed before you move in? If you fall for a fixer-upper, do you have a budget for renovations?
Communication is a critical element of your home search. The more information you share, the better we’re able to match you with a home that fits your life.
Got your priorities in order? Let’s find your dream home. Reach out today.
Did you know you can buy your dream home while paying off student loan debt?
It’s true and even quite common. While student loans are factored into your debt-to-income ratio, they shouldn’t prevent you from becoming a homeowner.
And fortunately, there are many programs and options available to prospective buyers, some you may not be familiar with. Here are four ways people with student loans achieve their homeownership goals:
Co-buying With Friends or Family
Purchasing a home with a roommate, significant other or sibling allows you to combine multiple incomes to qualify for a better mortgage rate. This can help lower your monthly payment and make home maintenance more affordable.
Receiving Financial Gifts From Family
You can also accept gift money from your parents, grandparents or other family members to put toward your home purchase. Some loan programs have a cap on how much gift money can be used, so make sure you know the limits first.
Choosing Low (or No) Down Payment Loans
There are many low down payment options, including FHA, HomeReady and Home Possible loans. For loans with no down payment, VA loans may be available to veterans and military members as well as USDA loans for those purchasing in rural areas.
Using Assistance Programs
Down payment assistance programs can cover some or all of your down payment costs if you qualify. These programs vary by location, so talk with a lender to learn about potential options.
Working on your credit can also help you buy a home. Pay your credit card bills on time every month, aim to pay down your debts and never let an account go into collections. It also helps to get preapproved for a mortgage so you know how much you qualify for.
If you’re ready to make home ownership a reality or would like a referral to a trusted lender, get in touch today.
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