Provide your Mortgage Loan Consultant the following information and documentation so they can assess your debt-to-income ratio, projected monthly mortgage payments, and affordability. For all borrowers: Driver’s license 2014 & 2015 W2s Pay stubs for the last 30 days Two most recent monthly checking and savings statements 401k/IRA/Pension/Stock If you currently own real estate, are […]
Though you may have to give up your sushi or cool it on the coffee runs to make it happen, here’s a breakdown of how you can quickly build equity over the next month, year, and 30 years.
As you look at building your future, the benefits of owning a home are endless! With flexible, low cost loans and programs out there – you can easily turn your home ownership dreams into reality and fast track your savings for retirement.
Guiding people on their new path in life is the best part of my career! Whatever past situation you are moving from, buying and selling a home is opening a door to a new chapter. Before you start opening random doors, here are some questions I am asked every day that you might want to […]
Majority of today’s buyer want a turn-key home, with minimal effort required in major remodels or repairs. If it’s broke, then you should probably fix it. Clean it from the inside out. That means taking boxes and putting things you don’t use anymore. Purge and get rid of things you know you won’t be taking […]
There are many factors that determine the market value of your home. Yes, market value. Ask your favorite Realtor to run a CMA (Comparative Market Analysis) that pulls data of active, pending, and sold homes dating back six to twelve months to gauge your competition, what price range is enticing Buyers to make offers on, […]
If you are financing your home, the loan process typically takes 30-45 days. With the recent TRID laws in place as of October 2015, properties are in in escrow for about 45 days. If you have added contingencies, i.e. need to sell your home first, it is common to see 60 day closings. However, note […]
Provide your Mortgage Loan Consultant the following information and documentation so they can assess your debt-to-income ratio, projected monthly mortgage payments, and affordability. For all borrowers: Driver’s license, 2014 & 2015 W2s, Pay stubs for last 30 days, two most recent monthly checking and savings statements, 401k/IRA/Pension/Stock. If you currently own real estate, are self-employed, […]
As you look at building your future, the benefits of owning a home are endless! With flexible, low cost loans and programs out there-you can easily turn your home ownership dreams into reality and fast track your savings for retirement. Here’s a breakdown of how you can quickly build equity over the next five years.
Overall, we’re seeing Sellers trading up and multiple bids on properties that show well and are priced right. In addition, Millennials are taking steps to pay off student loans and are viewing their investment options. According to the latest Jackson County Residential Statistics for existing homes sales from June 1st- August 31st, we saw price […]
Many in America are 2-3 paychecks away from being homeless. Like a domino chain job loss leads to losing housing, to losing a car, to being on the streets. Once on the streets there is little opportunity to get off the streets without a hand-up. There are emergency shelters, but time limits and strict rules […]
In addition to losing those extra holiday pounds, did home ownership make your list of goals for the New Year? According to a survey by Trulia,“Three-quarters of Americans (75%) agreed that home ownership is part of achieving their personal American dream.” So if fitting into those skinny jeans and homeownership are some of your goals […]
Generally, taxpayers may exclude up to $250,000 ($500,000 for married couples filing a joint return) of gain from gross income on the sale or exchange of their principal residence. This exclusion applies if the taxpayer has owned and used the property as a principal residence for periods aggregating two years or more during the five […]
For the last two years we have made a joined effort to bring you news, updates, statistics and tips on Medford’s housing situation and market conditions. Whether it was information on rentals, inventory levels, how to stage a home, real estate, taxes, community programs, etc. through this process I have found that our great city […]
Nationally, we are seeing a resilient economy encouraged with industrial production & retail sales up both 6%, and inflation pressures remaining modest with consumer prices climbing 2% in June. Locally, the Southern Oregon Multiple Listing Service reports that we have seen prices increase in Medford over last year by 2% in East Medford (avg. price […]
Top 3 Reasons to List Your Home for Sale Now Contrary to popular belief, there are several advantages of putting your home on the market during the winter season. Here are the top three reasons why it’s a good idea to list your home now instead of waiting until Spring. Serious Buyers–Many buyers who were […]
If you are looking for volunteer opportunities or for help, please see below for outreach opportunities in our area: Rogue Retreats – 541-499-0880: 529 N. Riverside Ave. Rogue Retreat offers 42 apartments of Permanent Supportive Housing for Homeless individuals and families. There is no time limit for participants in the program. Each participant meets with […]
The temperatures have been HOT this summer! Do you know what else has been hot? The real estate market. Like the temperatures prices throughout the country are on the rise. Nationally home median prices are up 8.4% but the local market is even hotter! The most recent SOMLS (Southern Oregon Multiple Listing Service) Residential Statistics […]
Let’s talk stats. According to a Bloomberg National Poll, Americans expect the housing market to continue improving over the next 12 months by a margin of more than 3 to 1.* Whether you are looking to buy investment property to generate an ongoing stream of income or are using real estate as a strategy to […]
There’s something for everyone in this valley and it’s hard to find someone who regrets moving here. I moved to Medford about six years ago in search of a place with a good economy and a community that promotes healthy lifestyles. After obtaining my Masters degree in International Business in Southern California, I took a […]
If you’re serious about buying, the winter season is a prime time for scoring a deal on the house of your dreams. But before you jump head first into a house search, here is what every homebuyer should know. Needs Vs. Wants Before you even think about hitting an open house, you need to know […]
Top 5 Reasons to List Your Home for Sale Now Contrary to popular belief, there are several advantages of putting your home on the market during the winter season. 1. Serious Buyers–Many buyers who were not able to purchase this past spring and summer are still on the hunt and by now are usually very […]
The Seven Deadly Sins of Overpricing “We can always go down but we can’t go up.” If you’re selling your home this statement has probably crossed your lips at least once. But when it comes to setting a pricing strategy for your home is it a good idea to start high and work your way […]