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Homes Sold in Oroville this Week

Buying a home is a major decision, and it can feel like a gamble. If you buy now, will real estate prices plummet? Will mortgage rates fall? Or is now the perfect time to snag the home of your dreams?

Things are looking up: Mortgage rates are low despite recent gains, and new data shows the inventory of homes on the market is starting to increase—all good news for buyers.

I’ve added my “Sold in Oroville this week” series to my blog.  This link will keep you informed.  I will be adding a link every Tuesday to keep you informed on our market.

http://mrmlsmatrix.com/DE.asp?ID=39423643240

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Professionalism and commitment

I was reading an article this morning that touched on an interesting point that I thought I would share on my blog.  It said that at the end of the day, we are all in the integrity business.  When we talk about professionalism, we are expressing our commitment to excellence in how we treat people and serve their needs.

The value of a Realtor some may say is primarily for information, but when someone asks me to be their agent  Continue reading

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Sold in Oroville this week

http://mrmlsmatrix.com/DE.asp?ID=33324280292

You know, many of my friends and past clients have no plans to move in the near future. Still, some wonder what their homes would sell for in today’s market. It’s like owning any kind of investment. You don’t necessarily want to part with it, but you still want to know what it’s worth!

Click on the “Home Valuation” tab above…..

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Home Ownership

Are You Ready …… to Buy a Home?

You’ve done the math. With the down payment you’ve saved, you can safely buy a home for less money than you could ever have as a renter.

Yet, you seem unable to make a commitment. Are you sure you’re really ready to buy a home?

If you find yourself saying any of the following to family, friends, or your real estate agent, you’re not ready. Continue reading

Lake Oroville

Owning vs Renting

http://www.zillow.com/home-buying-guide/rent-vs-buy/

Is renting cheaper?
This is not an inconsequential question. Whether renting or buying is more cost effective depends on your market, where you choose to live and whether you like to do home improvement and maintenance projects yourself.

Homes cost money: Appliances break, roofs leak, and if you own, you are the lucky soul who gets to pay the bill. If you are renting, landlords pay the plumber and roofer.

That is why many homeowners who have taken out a mortgage in order to buy do so in anticipation of the tax breaks that come with homeownership. Depending on your tax bracket, a first-time purchaser’s 1040 tax deductions can heavily subsidize many of the expenses you have poured into your new home.

Also, since a 30-year fixed mortgage comes with an amortization schedule with the highest interest payments coming in the first years of the loan repayment, mortgage holders have been able to claim deductions in the early stages of ownership.