Dear Clients, Friends & Fellow Realtors,
Home Ownership is and has always been at the top of the list for American Families! Yes we went through a 4 year period where owning a home was a curse for millions for many Americans. That had more to do with bad decision making on the part of the Government and Banks than the people that bought homes.
Home prices in Santa Clarita, California have risen by about 10% since the beginning of 2012. The blessing for home buyers is that the interest rates are still at or near the same historic lows that they were at the beginning of the year. Keep in mind the owning a home brings many benefits and locking in low interest rates and property taxes is a gift that keeps on giving until the home is sold.
Here are a few tips that will help you make the best decision for your family's future:
- There are 3 items needed to make an offer: Loan Approval for a Direct Lender, Proof of Funds needed to close escrow & a Deposit Check.
- Find a Local Realtor that has experience, is professional and has your best interest as their only goal.
- Find out the Maximum you can afford & then figure out the maximum monthly payment you can afford and still enjoy home ownership.
- Don't & I mean Don't get a variable interest rate loan under any condition.
- Ask yourself "do I want the most home or is having the best location most important for me and my family"?
- Buy a Detached Home if at all possible as their value tends to out perform condos and town homes by leaps and bounds
- Find a home that fits your family's needs but remember it is even more important to find the best future investment, you will sell one day.
- Avoid high traffic locations and other noise concerns such as trains and planes etc.
- Talk to the neighbors since the first thing they well share is the negative things about the neighborhood and community.
- Know the market! At this time there is a massive shortage of homes for sale. You need an aggressive Realtor that understands this market!
Your Friend & Realtor,
Tony Lewis * RE/MAX of Valencia * Santa Clarita, Ca. Home of Six Flags Magic Mountain
www.TonyLewis.com email@example.com Cell - 661-510-7975