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Interest Rates going up ... When and How this affects buyers now...

by Southern Californias Top Producing Mother & Son Te

The question that everyone is asking these days is whether or not interest rates are going to go up anytime soon.  We've been saying for the pat few years now that buyers need to take advantage of interest rates because they are giving buyers a lot more buying power than in the past... In other words, right now "Money is Cheap!"  

Here's an article we found that will give you more insight on what you can expect interest rates to do in the coming months/years should you need to obtain some sort of financing... read full article hear...

Retirement Home - Redefined

by Southern Californias Top Producing Mother & Son Te

Older Americans mortgages are mostly paid off. With many retirees now free to choose where and how they want to live in retirement, here's how they go about creating their best homes.

ML_Advisor_Connect_RetirementHome_info

Short Sales Still Exist - We can HELP with Relocation Assistance

by Chris Gonzales

Short sales are always a bitter sweet kind of a transaction.  When you look at Short Sales from one angle it’s tough to see that a family has to go through with the sale of their home because of some financial hardship in their family.  On the other hand, we as real estate professionals are able to help the family escape foreclosure and do our very best to help the family come out of this situation with hope at the end!  This particular short sale is one to remember for not only the buyer, but for the sellers as well…

It’s always our duty to negotiate the best terms for our seller when representing them in a short sale, and that not only means postponing foreclosure dates until we close, but also negotiating some type of assistance for the seller to move.  Let’s face it, if someone is in financial hardship and short selling their home, chances are they aren’t going to have any money to move into a new living situation.  So in this case we were able to negotiate $23,000 in relocation assistance to our seller.  No matter what the outcome we know it’s always a difficult situation to lose a home, but we do our very best to smooth out the process for those who are in hardship and it’s for that reason that we understand how important our job as real estate professionals really is…

So that’s half of the news.  Not only were we able to acquire $23,000 in relocation assistance to our seller, but we were able to negotiate over $10,000 in closing cost assistance for the buyer!  As mentioned above, these short sales are difficult for sellers but we don’t believe there could have been a better outcome in a difficult situation as this…

There are still many people out there who are suffering from financial hardship and may need to short sale their homes.  If you know of anyone please refer our services to them.  We know how to handle these types of transactions and you need strong negotiators who really know how to get you the assistance that you need on these types of sales…

Reach us anytime at (562) 883-1003 or (562) 746-3811 or send us a message through our site here…

 

Bellflower Car Show

by Southern Californias Top Producing Mother & Son Te

Bellflower Car Show 2015

September 19 @ 2:00 pm - 7:00 pm

bellflower car show

The Bellflower Noon Lions Club is proud to be hosting the 17th annual Bellflower Car Show. This event continues to be an afternoon and evening of family fun with great food, great entertainment and awesome cars! You can enjoy a walk down Bellflower Blvd. from Flora Vista to Park St. and relive those days when you cruised Bellflower Boulevard. You will see everything from classic cars to custom motorcycles. The Bellflower car show is FREE to the public and great family entertainment.

The awards presentation will be held at 6:00pm on the stage located at the corner of Bellflower Blvd. and Flower St.

If you have a car and are interested in being a part of the Bellflower Car Show, visit this page to register. There were about 250 vehicles last year and plan for more this year, so get your registration in early.

See ya on the boulevard!

The Bellflower Noon Lions Club is a nonprofit organization that was chartered in 1964. When they heard that the City of Bellflower was forced to cancel the annual car show due to budget constraints, they decided to step up and take over. The 2009 car show was the first car show the Noon Lions had ever hosted. With the City of Bellflower helping out with contacts, lists and things that needed to be done, the car show was a great success.

You need to earn $157,912 to afford a home here

by Southern Californias Top Producing Mother & Son Te

We thought this would be an interesting article for you all to see and read... There's an article we found on CNN Money that shows what you need to be earning to afford a home in a particular city.  If you're in our market area of Downey and surrounding areas we're happy to report that you don't  have to earn $157,912 a year in income in order to buy a home!  In Los Angeles the average home price currently is $445,200 and you need to earn an income of approximately $88,315 to buy a home in that price range.  

If you want to see the rest of the cities included in this list have a look at the rest of the article... Click here...

Displaying blog entries 1-5 of 5

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Photo of The Mother & Son Team - Maria Palacios & Chris Gon Real Estate
The Mother & Son Team - Maria Palacios & Chris Gon
Berkshire Hathaway HomeServices, California Properties
16911 Bellflower Blvd
Bellflower CA 90706
(877) 883-1003
Fax: 562-381-9113