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first time home buyers: FREE First Time Home Buyer Seminar March 13, 2010 Ontario, CA - 03/04/10 04:18 PM

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first time home buyers: This Realtor Doesn't Agree With The Tax Credit - 10/29/09 04:04 PM
Yes you heard it right. If I'm not allowed to disagree w/ CAR and NAR somebody please warn me. The following is going to explain my position but I'm not going to break out any charts here. I believe in a free market and competition. Those two things create jobs, keep prices down, and create opportunities. When we as a government subsidize any industry we take away the free market influences that are used to maintain a productive and efficient industry. We also continue to reward those who can not run a successful organization. We have seen government organizations in the … (7 comments)

first time home buyers: Message to Buyers: Patience is a Virtue - 08/11/09 02:46 PM
You were convinced to get off the fence and start searching to buy a home. Maybe it was even me who convinced you using the low interest rates, depreciated values, the first time homebuyer tax credit, or any combination of all three. The only problem is that thousands of other buyers were also convinced. Now the deadline for one to qualify for the tax credit is right around the corner and there isn't any certainty that a short sale will close on time and traditional and REO listings are getting multiple offers that you just can't find yourself getting the winning … (0 comments)

first time home buyers: First Time Homebuyers: What You Need to Know (Part 1) - 04/07/09 05:28 PM
This will be the first of a multi-part series on getting ready to buy your first home. As I continue to meet new prospects and people who have never tried to buy a home I'm amazed at how necessary it is for us as Realtors to educate our clients. This education is key to not only get them in their first home but to keep this home.  I am usually asked what is needed from them to buy. I can go into getting pre-qualified first and knowing your credit score but I was thinking about this more and I realized that … (0 comments)

first time home buyers: Home Buyers' Refundable Tax Credit - 04/02/09 06:04 PM
Just wanted to remind everyone that the home buyers tax credit to purchase a home in 2009 can be claimed on this year's tax returns. If you have already filed you can always amend your taxes. This is a refundable tax credit up to $8000. Call me for more information at 818-416-7511, leave a comment here, or email me @ mario@usspaces.com.
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first time home buyers: Buying Your First Home - 07/19/08 08:04 PM
Almost everyone would to own the perfect home, in the perfect neighborhood, close to work, and with great school districts. The problem is that having all of these things means usually looking for a home that exceeds what we can afford.  
It usually takes a life changing event to get a first-time homebuyer to even think about buying.  It's another task trying to get a first-time homebuyer to narrow down their choices.  Here are a couple of ideas to keep in mind when you are starting to think about buying:
Speak to a mortgage professional and get pre-qualified.  They will … (4 comments)

first time home buyers: Hurdles are Being Cleared to Decrease Inventory - 07/03/08 11:51 PM
FHA has recently announced a waiver of their 90 day anti-flipping rule.  This waiver applies to properties that were acquired by banks and lenders through foreclosure.  This will help speed up the sale of bank-owned properties because FHA will now insure a mortgage loan if it is executed within the first 90 days.
Another report from HOPE NOW states that the pace of loan modifications and foreclosure sales have increased.  Foreclosure sales have outpaced loan modifications but as consumer start to learn about their options I'm sure that loan modifications will soon outpace foreclosure sales.  Either way we will have less … (0 comments)

first time home buyers: Is The Real Estate Market Heating Up? - 06/22/08 10:42 PM
My experience lately in this market is that it is heating up in some areas. This does depend on some other factors but it does seem the main factor is pricing. I have a listing in escrow and it had multiple offers way over asking price. The home is a much older home and I'm sure many of the prospects see more value in the land itself. Lucky for me my sellers were motivated and had faith in me when I suggested listing it for their bottom line price, which was right in line with a recent value check from an … (5 comments)

first time home buyers: Depreciating Assets - 04/08/08 08:30 PM
When I first got my license my father bought me a used car.  This car was something that you might see on "Pimp My Ride", so I was eager to buy some accessories.  My father gave me some sound advice, "don't invest your money in a depreciating asset."  What's funny is that he never thought of a house as a depreciating asset because he knew in the long term it increases in value.
These days people seem to be staying away from the housing market because it is a declining market or depreciating asset.  This scares buyers, investors, lenders, and banks.  The reaction of buyers is funny to … (3 comments)

first time home buyers: Why Buy a Home? - 03/12/08 01:58 PM
First time home buyers are generally scared of making a comittment to buy a home.  It's understandable because we're naturally reluctant to change and let's face it most of the time the payment on a mortgage is going to be more than the monthly rent payment.  As a professional my job is to educate the client of all the pros and cons of buying a home and most of the time the pros outweigh the cons.  Let's look at some of the excuses and then I'll apply some real life situations and hopefully that will help you understand why eventually you … (0 comments)

 

Mario Villagran, MBA, Realtor

Burbank, CA

More about me…

U.S. Spaces

Address: 4354 Perlita Ave, Los Angeles, CA, 90039

Office Phone: (818) 416-7511

Cell Phone: (818) 416-7511

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