Wednesday, July 21, 2010

How To Plan Your Sunday Going To Open Houses

Before you delve into the process of buying a new home, it’s crucial that you create a list of your needs and wants. Not only is this a good idea in terms of planning, but it will also be invaluable when comparing multiple homes. It gives you a benchmark for comparing prospective houses. It’s of great importance in prioritizing your needs and wants as well. This will help you determine the most important factors to home in on.

In today’s competitive real estate market a little bit of planning will save you a lot of time and anxiety.



If buying a new home is something you’re interested in, please give me a call or send me an email. I assure you that I can make the home buying process fun and exciting rather than stressful and complicated. I look forward to hearing from you.



Sincerely,

Jonathon Michaud
Broker Associate
Heritage Realty
Realtor®
Office: (650) 349-9300
Mobile: (650) 346-3357
Fax: (650) 349-8483
DRE License Number: 01849751
hrjtm17@live.com
http://jtmrealty.com
Heritage Realty

Monday, February 8, 2010

Buying a "Fixer Upper"

Buying a “fixer upper” or simply a house that needs repair can be a catch-22. Often times a bank won’t lend money to buy the house until the repairs are finished, but the repairs can’t be completed until the house has been purchased.




However, there are certain options available for just this task. For example, the U.S. Dept. of Housing and Urban Development (HUD) offers a loan to get through the task of repairs. HUD's 203(k) program can help you out of this quagmire by allowing you to purchase or refinance a property plus include in the loan the cost of making the repairs and improvements. The FHA insured 203(k) loan is provided through approved mortgage lenders nationwide. It is available to persons wanting to occupy the home.




Electing to buy a fixer upper can be a beneficial decision due to the relatively lower property cost initially followed by a subsequent jump in home value. However, the fixer upper process can sometimes be daunting and discouraging. If you are planning to buy a fixer upper or just want to remodel your home, I would love to guide you through this process. Please call or email me so I can take the weight off your shoulders.



Sincerely,

Jonathon Michaud
Broker Associate
Heritage Realty
Realtor®
Office: (650) 349-9300
Mobile: (650) 346-3357
Fax: (650) 349-8483
DRE License Number: 01849751
hrjtm17@live.com
http://jtmrealty.com
Heritage Realty

Thursday, January 7, 2010

Are You Ready To Purchase A Home?

Are you ready to purchase a new home? Before you begin the process, here are a few things you should know. First and foremost, purchasing a home is a smart decision regardless of the market’s condition. A property’s value will almost always appreciate over time, and there are always benefits for a homeowner. If you find a home that you love and it’s available, there is no reason you shouldn’t fight to get it.



How can you determine your housing needs? Your home should fit the way you live: with spaces and features that appeal to the whole family. Before you begin looking at homes, make a list of your priorities: things like location and size. Should the house be close to local schools, your job, or public transportation? How large should the house be? What type of lot do you prefer? What kinds of amenities are you looking for? Establish a set of “minimum requirements” and a “wish list”. Visit my website to create a personalized home search, and request market watch updates to keep your hand on the pulse of the market.



Allow us to help you in your journey to find the home that’s ideal for you. Please call or email us to get started on this new stage of your life.

Jonathon Michaud
Broker Associate
Heritage Realty
Realtor®
Office: (650) 349-9300
Mobile: (650) 346-3357
Fax: (650) 349-8483
DRE License Number: 01849751
hrjtm17@live.com
http://jtmrealty.com
Heritage Realty