The bidding wars are back. Some home buyers find themselves competing for houses because not many are for sale in their markets. The result? Many homes have 10 to 15 offers the day they go on the market. To compete in a bidding war, buyers need to prepare financially for the home purchase. They have to be familiar with property values in their target neighborhoods. And they must know what they want. While offering the most money might seem like the best way to win a bidding war, sellers don’t always choose the highest offer. Instead, sellers often prefer offers … continue reading →
Low appraisals are becoming a big problem for many would-be buyers and re-financers as home values have started to stabilize and rise in some markets. Appraisals are based on recent sales prices of comparable properties. And in rising price markets, those sales prices might not be high enough to support the newest deals. Here are eight ways you can bolster your appraisal: MAKE SURE APPRAISER KNOWS YOUR NEIGHBORHOOD Is the appraiser from within a 10-mile radius of your property? “This is one of the first questions you should ask the appraiser,. You can request that your lender send a local appraiser; if that … continue reading →
Beautiful tri-level townhome located in a private gated Community in Placentia. This townhome is uniquely spacious. The main living area has a custom entertainment built-in, double and triple paned windows and a loft for use as an office or hobby room. There is a formal dining room and attached deck/patio. The bright kitchen is fully upgraded with appliances and dark wood cabinetry. On the entry level is one bedroom and bath; a laundry room, and oversized two car garage. All bedrooms have a private bath. This home is a must see! Call 562.248.6111 for Showing
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