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Wednesday, June 4, 2014

Improve your Home with The Holmes Team


There are many great Corona area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (888) 490-1559 for a FREE home buying or selling consultation to answer any of your real estate questions.

Here at the Holmes Team, we pride ourselves in our ability to buy and sell homes in Corona, but that's not all that we do. Did you know that we also offer services to homeowners who are not in the market for buying and selling?

Even if you are happy with the location of your property, there are always improvements to be made in order to keep your home  functioning properly.  We have an entire list of contractors and service providers that will be able to help you with any home improvement needs you may have.

We have contractors for plumbing, heating and air, lawn care, landscaping and any other service you may need. We have contacts in each of these fields that will be able to do the work with efficiency and  affordability. We have contacts all over the country who can help you.

We also have contacts in various financial service industries. People like family estate planners, mortgage brokers, and financiers who can assist you with all of your financial needs.

We want to help not only when you are buying or selling, but between the moves as well!

Monday, May 12, 2014

5 Steps to Take Before Selling Your Home



There are many great Corona area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (888) 490-1559 for a FREE home buying or selling consultation to answer any of your real estate questions.

How to Prepare to Move in the Future
In today's video I will be touching on some things you will want to consider if you're thinking of moving out of your home in Corona. With the spring and summer markets approaching quickly, I thought it would be helpful to list some things for you to do before moving out of your property.

  1. Check Your Value: You can always get a ballpark estimate at Zillow or Trulia, but if you want an accurate measurement, refer to a real estate agent or an appraiser. We would be happy to do a free market analysis for your home to provide you with an accurate idea of what your home might be worth. 
  2. Check Your Ability to Purchase: If you're selling your home to purchase another one, we want to make sure that you have enough money to purchase your second home. We can help you find a lender that will allow you to purchase a home in a competitive real estate market here in Corona.
  3. Check Your Title: This is important if you have owned your property for some time. If you're in need of help in rechecking your title, we have a service that we could recommend to you if you need to add or take away people to your home's title.
  4. Condition of the Property: We want to make sure that you're maximizing the amount of money that you're getting out of your property, but we also don't want you to spend too much money on the property that you will not be getting back. We can come out to your property and provide some tips on how to prepare your property for sale. 
  5. Timing is Everything: Right now in Corona we have a market with interest rates that are below 5%, and there are buyers that are desperately looking for homes. At the same time there are plenty of properties to purchase at reasonable prices. Give us a call sooner rather than later if you're thinking about selling!
Hopefully this information has been helpful to you if you're thinking of selling in Corona. Also, feel free to contact us with any of your questions or if you're searching for homes to purchase.

We would be more than happy to arrange a time to discuss your situation and how we can work to meet your needs.

Thanks for tuning in!

Friday, April 25, 2014

Corona Real Estate Market Update for April 2014




There are many great Corona area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (888) 490-1559 for a FREE home buying or selling consultation to answer any of your real estate questions.

Corona Real Estate Market Update for April 2014
As we enter a busy spring market here in Corona, I have been getting asked by a lot of clients how our market is faring. In order to educate you and help you to make more informed decisions, I will be giving you some data about the market.
  • Prices are up, and so is inventory, which makes it a bad market for...
    • Bottom feeders or predatory buyers: People trying to buy homes from desperate sellers are not going to have much luck because inventory is high, and sellers will not settle for a sub-par deal.
    • Lazy investors: Investors who are looking to make a quick dollar will not fare well in our Corona market.
  • On the flip side, this is a good market for...
    • Move-up buyers: buyers who have been waiting for their property to be worth enough money where they can take their equity out and purchase the bigger home that they need for a growing family.
    • Buyers / sellers looking to downsize: If you own a home that no longer suits all of your needs, now is a great time to sell it because quality properties have reached a peak in their value. There are a lot of buyers looking for large properties.
  • Interest rates: They are still historically low at 4.5% right now. However, the National Association of Realtors thinks that these rates may jump to 5.5% by the end of the year. Be sure to buy now when homes are more affordable. 
  • Inventory is at a 3 month supply right now.
  • Long term investors are also buying up a lot of property.
    • Taking 20 or 25% and putting it down on a home would be a great decisions right now. Paying off the mortgage in 15 or 20 years is a great way to save your money in a stable market. Decade after decade has proven that investing in real estate is a great choice. 
Hopefully this has helped you to realize that now is the best possible time to make a change in housing. The market will really be catering to your needs whether you're buying or selling. 
As always, if you ever need help with real estate in Corona, please contact me. I would love to arrange a time to sit down and discuss your needs. You can contact me by phone or email.

Tuesday, April 1, 2014

Sell Your Home in Corona for Top Dollar this Spring



There are many great Corona area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (888) 490-1559 for a FREE home buying or selling consultation to answer any of your real estate questions.

Is it Too Late to Sell?
In our booming spring market here in Corona, this topic comes up on the phone nearly every time that I speak with a client. The truth is that we actually have quite a few buyers out there right now, even though we have lost about 20% of the monthly sales we had six months ago.

The good news is that we have had a 22% increase in home prices in the last 12 months, and this has eliminated the bottom feeders from our market. I'm talking about the buyers who wanted bank foreclosures or who wanted to buy your home for less than it was worth.

Luckily, we have 4 other types of buyers in our market that will be eager to purchase:
  1. We still have first time home buyers left in the market who can expect to buy a home without a troublesome amount of repairs.
  2. There are also plenty of move-up buyers who are waiting to purchase. These people have been waiting until their current home is worth enough money to sell, and that time is now.
  3. Transfers from companies and new jobs: People from all over the country are starting to move into this area, and as you can see, our economy in this area is starting to spring back

  4. Lastly, we have the empty nesters who have been waiting until their home was worth enough money so that they could downsize and enjoy the beautiful climate here in Corona.
So, to answer your question, there are plenty of good buyers out there ready and willing to buy your home. We have a 3 month supply of homes, which is a perfect market for sellers to take advantage of. You just need to put your ball cap on and get ready to sell your home in this fast paced market.

If you're thinking about selling, then give us a call at 1-888-490-1559 or email me at Linda@TheHolmesTeam.com

Wednesday, March 19, 2014

Attention Buyers: 4 Reasons Why You Should Sell Now!



There are many great Corona area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (888) 490-1559 for a FREE home buying or selling consultation to answer any of your real estate questions.

Many people have been asking me if it is too late for them to buy a home – the answer is simply no! I have four reasons explaining why one of the best times to buy is now: 
  1. Inventory. Our inventory has tripled in the last four months, creating the perfect market. With a three months’ supply of homes available, there are enough homes on the market to sell yours and there are more than enough to choose from when going to buy.
  2. Interest rates. With interest rates still staying below 4.5%, it is a fantastic time to buy. However, they are expected to rise soon; so act quickly! 
  3. Standard sales. Most of the homes that are currently on the market are “standard sales.” This means that the homes you will be looking at are in good condition and there will be very few repairs needed to be done before moving in. 
  4. Time to sell. If you have a home that you need to sell, you will have time to sell your home because of the ability you will have to write an offer contingent upon your home selling. This is the first time in years where we have seen anything like this! 
 If you have any questions about buying or selling your home, please feel free to give me a call. Thanks and have a great day!

Wednesday, February 19, 2014

Important Options to Consider When Moving Your Aging Parents


There are many great Corona area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (888) 490-1559 for a FREE home buying or selling consultation to answer any of your real estate questions.

A lot of clients have been asking me about a rather sticky issue - when to move your ailing parents out of a home. While this decision should be made by a family as a whole, I'm here to offer up some thoughts as well.
  • Don't wait to move them because of an emergency. Most often, this decision will be made after someone has an accident, and by that point things can snowball and the situation can turn very messy. This is a tough decision for anyone, but having to take care of an estate while deciding these things are never a winning combination.
  • Make sure that a title, will, and trust are in order. These things will need to be addressed with your parents to explain their choices to them. If necessary, consult an attorney or a realtor such as myself.
  • Keep a line of communication open with your parents. No matter how embarrassing it may be for them to not be able to live alone anymore, it's crucial that you have these conversations and figure out what they would like to do instead. Do they want to live in a senior living community or an assisted living facility?
  • As much as you want to fulfill your parents' wishes, you will likely have to be the one to comb over their finances and decide whether their first option for living will be sustainable. You will need to consider their insurance and any other options that relate to the financing of an alternative living situation. It's also never a pleasant thought, but you will have to consider what will occur with their social security benefits when one of them passes away.
 I will say again that this is never going to be an easy decision for you or your parents, but it is a reality that you will have to face sooner or later. Hopefully I have helped to make this transition a bit smoother for anyone going through this process or preparing to move aging seniors.

If you need any assistance whatsoever, please feel free to call me at 1-888-490-1559 or email me at linda@theholmesteam.com

Tuesday, December 10, 2013

Is now a good time to buy or sell?



Hi! I am Shannon Valdespino, I'm the executive assistant for The Holmes Team and am excited to introduce myself to you today. Along with the introduction, I wanted to also briefly touch on selling during the holiday season.

It's getting colder out there and every year I get asked whether now is a good time to buy or sell. The answer is yes! In fact I just recently sold my home and made enough money from it to purchase the perfect home. If you are thinking of buying or selling, give me a call today so we can get started!