My Blog

Cosmetic Repair Program

1/21/2021
Is your home or investment property in need of some cosmetic repairs and are thinking about selling soon?
Would you like to update your house prior to putting it on the market without any out-of-pocket expenses?
Our Company has an exclusive program called the Cosmetic Repair Program. Basically it's a short term loan based on the equity of the property and everything is paid back through escrow when we sell the property for you. Our licensed contractors will upgrade your kitchen and bathrooms, install a new garage door or other upgrades you would like and there is no credit check!
This is a great program for homeowners who want to sell right away and depending on the work needed, could take anywhere between 6 to 8 weeks.
We have found that home buyers normally have money for the down payment but don't usually have additional funds to make immediate repairs. When homes are updated and turn-key ready, they sell faster and for more money.
Find out if this program is right for you!
 
 Home and Living Imagery                 Home and Living Imagery

Cosmetic Repair Program

1/21/2021
Is your home or investment property in need of some cosmetic repairs and are thinking about selling soon?
Would you like to update your house prior to putting it on the market without any out-of-pocket expenses?
Our Company has an exclusive program called the Cosmetic Repair Program. Basically it's a short term loan based on the equity of the property and everything is paid back through escrow when we sell the property for you. Our licensed contractors will upgrade your kitchen and bathrooms, install a new garage door or other upgrades you would like and there is no credit check!
This is a great program for homeowners who want to sell right away and depending on the work needed, could take anywhere between 6 to 8 weeks.
We have found that home buyers normally have money for the down payment but don't usually have additional funds to make immediate repairs. When homes are updated and turn-key ready, they sell faster and for more money.
Find out if this program is right for you!
 
 Home and Living Imagery                 Home and Living Imagery

Pre-foreclosure assistance

1/20/2021
Stop sign in downtown area

During this unprecedented pandemic that halted the global economy in 2020 and continues to threaten us as a whole into the new year, we must continue to practice social distancing, wear face coverings, and unfortunately refrain from having large social gatherings especially with our loved ones. As we try and recover as a nation and as a people, we have seen what a pandemic can do to our state of mind and our economy. Closer to home we saw people being forced to work from home, have their work hours reduced to a minimum or lose their jobs all together as companies closed their doors never to re-open again! A lot of us were unable to pay our rent and although there was a Temporary Eviction Moratorium in Los Angeles County, some tenants were threatened with evictions from their landlords. For homeowners that fell behind on their mortgage payments, unfortunately will be going into foreclosure if they are not able to recover financially. If you are facing foreclosure and finding it hard to recover and would like a fresh start, here is what we may be able to do for you:

- STOP FORECLOSURE PROCEEDINGS
BRING YOU CURRENT ON YOUR LOAN
- SAVE YOUR HARD EARNED EQUITY
- SAVE YOUR CREDIT
- MY SERVICES ARE FREE TO HOMEOWNERS AND CAN BE KEPT CONFIDENTIAL

All I need to get started is your most current mortgage statement and the cover page of your insurance policy. Call me today!


Buying vs. Renting

1/6/2021
Welcome to my blog on Buying vs. Renting.
Let us explore the benefits of renting first: 1) No maintenance costs or repair bills, when something breaks you simply call the landlord and they will repair it. 2) Access to amenities such as a gym or a pool (some complexes charge a small fee to have access to these amenities). 3) Don't have to pay real estate taxes. 4)  No down payment, renters have to pay a security deposit equal to one month's rent and can be returned to tenants at time of move out assuming tenants have not damaged the property. 5)Flexibility as where to live, renters can more readily be available to move on a short 30 or 60 day notice. 6) Fewer concerns about decreasing property value, property values go up and down , and while this may affect homeowners in a big way, it affects renters substantially less if any. 7) Fixed rent amount, while landlords can raise rent with notice, you can budget more efficiently  because you know how much rent you are required to pay. 8) Lower insurance costs. The average cost of renter's insurance is approximately $200 per year and a homeowner's insurance policy costs approximately $1,211 per year. 

And now let us look at the value of home ownership: 

1)Being a homeowner means being a part of a community. It means you can paint your kid's rooms any color you want, change your floors, your carpet at your own free will and sometimes, making these improvements will increase the value of your home.
2) Building equity. Easily explained, Equity is the difference between what you owe on your mortgage and what your home is currently worth. An example would be; if you owe $150,000 on your mortgage loan and your home is worth $200,000, you have 
$50,000 of equity in your home. As you pay down your mortgage, the amount of equity in your home will rise. You get nothing in return when you rent, all the money you pay goes directly to the landlord. 3) Tax benefits.  Homeowners are allowed to deduct mortgage interest and property taxes when they file tax returns each year (please consult your CPA or your attorney for details). 4) Rent payments continue to rise while choosing a fixed-rate mortgage on a home purchase, your mortgage payment can never change. 5) Your kids will have stability. Researchers have found that children of homeowners tend to do better in school, spend les time staring at screens and generally have a healthier upbringing compared with children of renters. 6) Wealth Builder. Owning a home can pay off big when you get older. You may be able to sell that home years later for much more than you paid for it or you can pass the value your home has to your loved ones or even cash out on the equity and purchase an investment property. The median net worth of homeowners is 80 times higher than renters according to new data from the U.S. Census Bureau. 7) Never have to speak to a landlord again! PRIDE OF HOMEOWNERSHIP.
Thank you for taking some time to read my blog and I hope this puts a good perspective on what will work better for you. As always, if you have any questions please do not hesitate to call me directly.
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