Tag Archives: real estate

Money Monday: How to avoid wire fraud

You have to be extra vigilant with your money nowadays. When buying real estate, don’t fall victim to wire fraud with these three steps:

  1. Pay attention to how wire instructions are sent (in other word — only accept instructions that are secure and encrypted).
  2. Before wiring funds, call to verify the wire instructions with the title company.
  3. Be careful of any changes — real instructions rarely change.

Wirefraud Money Monday - John Silva blog

This infographic is from the CALIFORNIA ASSOCIATION OF REALTORS at CAR.org.

Money Monday: New Year, New Financial Resolutions

It’s the start of 2018, and a great time to make financial resolutions!

Need to save more? Check out my posts on saving (here), with topics on easy ways to save, changing your spending impulses, and saving for a house down payment, just to name a few.

If you’re delving into the life stage of buying a house, find all sorts of real estate financial tips and advice here.

For advice on spending money responsibility, click here.

Check out all of my Money Monday posts!

Photo from Pictures of Money

Homeownership Has Benefits

Thinking of becoming a home owner?

Homeownership has a few benefits; improved: educational performance, health, and civic participation, and lower crime rates.

Homeownership has benefits

This infographic is from CAR.org.

Homeownership is beneficial

Homeowners have a lot going for them: improved educational performance, lower crime rates, greater health.

This infographic is from the CALIFORNIA ASSOCIATION OF REALTORS.

Home Buyers — Don’t Compromise on These Three Things

Unless you’re building, typically buyers won’t find their perfect home. Compromise is common and expected if you want to become a homeowner. But these three items are things where perhaps you shouldn’t budge from your ideal.

  • Layout
  • School district
  • Buying near neighboring houses that will lower your home’s value

This infographic is from CAR.org.

California Real Estate Sales for Sept. 2017

In September 2017, California real estate sales increased 1.7 percent from 2016.

California Sept. 2017 sales

This infographic is from the CALIFORNIA ASSOCIATION OF REALTORS.

Money Monday: Should you rent or buy real estate?

Trying to figure out if renting or buying is best for your family? Thinking about a few questions can help you answer this question.

real estate buying or renting

“Homeownership was once the cornerstone of the American Dream, but times are changing. More U.S. households are renting today than at any point in the last 50 years, according to a Pew Research Center analysis.”

  1. How long are you planning on living there?
  2. Consider all of the hidden costs associated with both renting and owning.
  3. Are you saving and investing? Or throwing your money away?

Read more on CNN’s article here: “Should you rent or buy a home?”

California Real Estate: Pending Index for August 2017

In real estate news for California, there’s many closed escrows, but pending numbers aren’t moving much.

California pending index August 2017

This infographic and information is from the CALIFORNIA ASSOCIATION OF REALTORS at CAR.org.