Tag Archives: real estate

Money Monday: What borrowers want

Borrowers want specific things that they believe would help the mortgage process when buying a home.

This infographic is from the CALIFORNIA ASSOCIATION OF REALTORS. 

Money Monday: Mortgage hurdles

Many first-time buyers don’t realize that there’s many steps to getting a mortgage.

  1. Get pre-approved
  2. Have the home appraisal
  3. Keep your credit consistent
  4. Review the closing disclosure
  5. Go through underwriting

This infographic is from CAR.org.

Single Women Outbuy Men in Homeownership

A rising real estate trend

There is a rising trend in residential real estate – in the single family homes sector. Builders of new homes are tailoring their design and subdivisions in order to gain single women homebuyers.

Nationwide last year, single women made up 18% of homebuyers, while single men only accounted for 7% of all home sales, according to the National Association of Realtors.  This category of single women included those: never married, widowed, and divorced. Spending for single women also is more than it is for single men, on average. Single women are now the second highest group of purchasers, behind married couples of all homes.

This trend is expected to increase over time. The evolution of real estate ownership, as well as the evolution of business leadership, will both increase for women in years to come.

See link for more details: realtormag.realtor.org/daily-news/2018/05/11/single-women-outbuy-men-in-homeownership

For more info on getting your best deal on your dream home, or for a free valuation of your home, please call me, John A Silva, now at 619-890-3648 — and as always, have a blessed day!

A Home Run & One of the Best Buys in San Diego — Going, Going, Gone!

640 Beech Avenue | Chula Vista, CA

Offered at $399,900 – $435,876

BEST BUY!! FABULOUS extra-large home and property on cul-de-sac, minutes to freeway, downtown Chula Vista, schools, shopping, restaurants and ocean! This single-level has hardwood floors, is easy to convert to 3 bed, 2 bath inside without expanding outside, plus huge backyard-room for pool/spa & favorite pick up games. See this classic home today that needs very little TLC & make it just the way you want! Perfect investment — appliances transfer.

View the virtual tour | More details

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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.