HOAs work to maintain a certain level of aesthetic uniformity and upkeep within a neighborhood. They set guidelines around exterior home maintenance, landscaping, and even the color of your home. These standards often protect and even enhance property values, ensuring that your investment remains solid.
Using an escrow service is an excellent way to protect yourself from scams. Here are just a few ways they guarantee a safe transaction:
The most important things you can do when selling a home is to set the right price. In a high-interest-rate environment, buyers may be less likely to take on a larger mortgage payment. Therefore, it is crucial to price your home competitively. Work with a real estate agent or do some research to determine what similar homes in your area are selling for, and price your home accordingly.
Escrow is a process where a neutral third party holds funds for a transaction, such as the sale of real estate. An escrow company protects both buyers and sellers if one side fails to honor their part of the agreement.
One expert predicts that, due to low inventory, home prices will not drop in 2023 and may increase by just one percentage point. However, another expert believes that higher interest rates will negatively impact home values and pricing, resulting in a soft real estate market with lower home prices. Despite this, some potential buyers may still enter the market, particularly those who are not as affected by interest rate concerns, such as those paying with cash or those with lower loan-to-value ratios.
Many folks are engaging in other activities during the winter months. So, it's said that buyers who are breaking away from holiday schedules to view homes are serious buyers. The truth is that many winter home buyers are working against the clock, whether it's relocation, the contract on their current house, or an expiring lease.
Don't leave any stone unturned when it comes to keeping things tidy and looking fresh. This is true even if it means investing extra hours or hiring a professional to do a thorough housekeeping job.
Since days are longer in the summer, people love to bring the outdoors inside. So, when it comes to staging your home for potential buyers, take advantage by opening the widows. Bring the summer light indoors. This will not only serve to make your home appear brighter, but it will also make the space feel more airy, open, and appealing.
During the height of the Coronavirus pandemic, the economy suffered severe economic blows. As a result, mortgage rates were pushed down to keep money flowing. Now, the economy has recovered for the most part.
Southern California, where Eastland Escrows is located, enjoys a mild climate. This makes home buying and selling easy no matter the time of year. But this winter produced more precipitation than Southern Californians generally encounter.
We realize that some sellers refuse to see the writing on the wall…insisting on setting an asking price far higher than they should.
An independent escrow company, regulated by the Department of Business Oversight 302 E. Rowland Street Covina, CA 91723 What is Escrow? It is a process not a product Escrow is the deposit of money and documents by two or more parties with a neutral third party that are held by the third party until certain … Continue reading Scary Escrow stories
Sellers host open houses to spread the word about the sale of a house to large numbers of potential customers. As a realtor, help your client succeed by holding this event to connect with potential buyers. Here are some ideas for making sure the open house you organize is a success: Timing The main purpose … Continue reading How To Host an open house
Of course, this all leads to more competition for homes. But let’s face it; 2021 is a seller’s market. So, weigh the competition against what you will gain by listing right alongside your neighbors.
If you retain a great real estate agent to help the search, and a reputable escrow company to manage the funds, 2021 remains a great time to buy a home.
A mobile home is a large trailer or transportable prefabricated structure that is situated in one particular place and used as a permanent living accommodation.
If you work as a realtor in California, one of the biggest challenge you may face is how tojuggle all of the work that comes your way.With homes selling so quickly and at such high prices, homes spend far less time on the market than what was once common.
Beware of phishing scams and malware, both of which are on the rise. Thieves know that business owners and managers are sending an unprecedented number of emails and online requests to members of their workforce during the pandemic.
Review the wire instructions. Check for typos, grammatical errors, suspicious names of banks or anything else out of the ordinary.
A reverse mortgage loan, like a traditional mortgage, which allows homeowners to borrow money using their home as security for the loan.
At a time when big businesses and warehouses have practically taken over the entire country, the city of Covina, California remains a bedroom community with lots of industry for residents and visitors, alike. Eastland Escrows was founded in 1973 and is located in the heart of downtown Covina. Covina is located in the beautiful Southern … Continue reading EASTLAND ESCROWS LOVES THE CITY OF COVINA
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