The Home Buyer’s Guide to Getting Mortgage Ready
Don’t wait until you’re ready to move to start preparing financially to buy a home.
If you’re like the vast majority of home buyers in the Lake Oroville or Paradise or Chico real estate makets, you will choose to finance your purchase with a mortgage loan. By preparing in advance, you can avoid the common delays and roadblocks many buyers face when applying for a mortgage.
The requirements to secure a mortgage may seem overwhelming, especially if you’re a first-time buyer. But I’ve outlined three simple steps to get you started on your path to homeownership.
Even current homeowners with a homes for sale in Oroville, Paradise or Chico, it’s a good idea to prepare in advance so you don’t encounter any surprises along the way. Lending requirements have become more rigorous in recent years, and changes to your credit history, debt levels, job type and other factors could impact your chances of approval.
It’s never too early to start preparing to buy a home. Follow these three steps to begin laying the foundation for your future home purchase today!
STEP 1: CHECK YOUR CREDIT SCORE
We frequently get questions from clients who are taking on decorating and remodeling projects and want to ensure their dollars are invested wisely.
Which looks will last for years to come, and which ones will feel dated quickly? What colors and styles are most popular among buyers in our area? How can I add the most value to my home?
So we’ve rounded up some of the hottest trends in home design to help guide you through the process. Whether you’ve planned a simple refresh or a full-scale renovation, making smart and informed design choices will help you maximize your return on investment … and minimize the chance of “remodeler’s remorse” down the road. Continue reading
Northern California’s New Wine Country
Even a little rain on our Feather Fiesta Days parade could not keep the throngs of people away from the Lake Oroville real estate market for our annual week-long celebration of our hometown.
The Saturday before Mother’s Day is the tradition kick-off to the wealth of spring and summer activities that abound it the Lake Oroville real estate area each year. There is so much to do around Oroville Ca and the surrounding areas this time of year that you would have to clone yourself to see it all. Luck for you, I will be posting videos like this one throughout this time of year so you can enjoy as much as you can of the Lake Oroville Ca area. I hope you enjoy the video.
Oroville Wins!! is the headline of the day.
News was just released today that the City of Oroville is the big winner of a nationwide contest bring aerial fireworks back to the City of Gold.
See the USA Today article that broke the story here
It looks like there is a good chance that fireworks are coming back to the Oroville area.
Check out this story from USA Today with an absolutely appropriate title. Oroville IS a very resilient city.
This latest edition of the weekly Oroville home sales roundup shows that the Lake Oroville real estate market may finally be normalizing.
Price stabilization seems to be taking hold as monthly median prices have barely moved over the past 12 months. Between April 1, 2014 and March 31, 2015 the median Oroville area home price (the midpoint price of all homes sold) was $145,000. During this time, the highest monthly median price was September 2014 at $159,000 and the lowest price being recorded this March at $128,895. In addition, March was the first month since May 2013 that the monthly median price was lower in the current year than it was in the same month of the previous year.
There are two things that you should be watching very closely if you are trying to gauge the health of the Oroville real estate market. One of those things is Continue reading