Taxes are due April 18 which may leave some taxpayers with a tax refund. Although planning a fancy Hawaiian vacation or splurging on new furniture might be tempting, your tax refund may be able to help you get into a house! Putting your tax refund towards your “house fund” and adding it to your down payment savings can be a wise move. People got excited about the CalHFA Dream For All – Shared Appreciation Loan which was a downpayment assistance program to get people into homes. If you’ve seen the recent headlines, CalHFA paused that loan program, but there may be more funds available in the future! (Learn more here: https://www.calhfa.ca.gov/dream/index.htm)
One of the common misconceptions I hear from people about buying a home is: don’t you need twenty percent to buy a home?
No!
The best way to find out whether you can afford to buy a home right now is to talk to an experienced lender who can process your file, crunch the numbers, and find out if you qualify for a specific loan program. There are first time home buyer programs, Veterans Loans, and even renovation loan products available where you can finance the renovation of the home you are buying.
One of the common misconceptions from home sellers is that their house has to be HGTV perfect in order to sell quickly. Here’s a secret that all real estate agents know: all homes sell. All homes sell for the right price to the right buyer.
KALEO Real Estate Company tracks inventory numbers for local cities on a weekly basis, checking in on how many single family residences are For Sale in the MLS. As of last Wednesday, none of the cities we track had more than 97 homes for sale! From Pasadena to Fontana and Rancho Cucamonga, none of those cities had triple digit listings. That means we are still in a low inventory environment.
Not all real estate agents are the same, so if you are considering selling, KALEO agents would love to walk you through how we can make the experience streamlined, smooth, and facilitate your goals.
