Month: October 2014

Home Loan Approval Letters: 3 Common & Avoidable Mistakes

1. Your loan approval letter is from an out of area lender With inventory as low as it is, it’s become commonplace for South Bay homes to receive multiple full priced offers. Listing agents choose how to move forward based on a handful of factors, one of which is the relationship they have with the potential buyer’s lender. If your

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How to Win in a Low Inventory Real Estate Market

Regan Hagestad of Watermark Home Loans and Alex Abad of Palm Realty Boutique discuss how to win in this low inventory real estate market. Regan and Alex look at what real estate agents and Mortgage Brokers/Loan Officers do to make sure their client’s offers gets accepted, as well as some factors that could hurt your chances at securing your dream

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The California Home Buyer Continues to Evolve

Earlier this year, the California Association of Realtors (C.A.R.) conducted a survey to discern what the average California home buyer looks like. The verdict? Today’s home buyer is quite different than their counterparts from even one year ago. Here are a handful of interesting findings from the C.A.R. survey: Today’s home buyers earn more. In 2013, 33% of home buyers netted $150,000 in yearly income. Contrast

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Los Angeles Second Only to San Francisco in Luxury Home Sales

Edged out only by our neighbors to the North, Los Angeles tallied 2170 million-dollar-plus home sales between July 1, 2013 and June 30, 2014. Claiming the top spot with 2485 million-dollar-plus home sales was San Francisco, while New York, San Jose, and Houston rounded out the top five with 2145, 1119, and 981 sales, respectively. These figures, which were released

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