Radio Show: Home buyers and sellers need to familiarize themselves with contingency clauses.  They are not only used to protect you, however they can be used as good negotiations tool.  Using them as negotiations tool is a skill I use to effectively negotiate the terms and sometime price of the home.  Other times, they are just used to protect buyer or seller interests.  A contingency is a future event or circumstance that is possible but cannot be predicted with certainty.  I look at contingency as a condition in a real estate contract.  Typically when you buy goods from a store, you get 30 day money back guaranty.  It is difficult to return a house and you get time before you commit to evaluate the home and to make sure it fits all your needs and wants.

Google+: View post on Google+

Post imported by Google+Blog. Created By Daniel Treadwell.

 Appraisals are done to protect the lender.  Lender is giving you money to purchase the home and lender wants to make sure that their money is protected.  Home Appraisals are always performed by a licensed real estate appraiser.  When buyer's contract for purchase gets accepted, many times it is conditional upon home appraisal coming in at the price you are paying.  In today's markets appraisal contingencies are waived by buyers who have enough down payment to purchase the home.  Low appraisals can break real estate deal.  In rising markets of today, the appraisals are lower than the contract price in many cases.  As buyers and sellers agree on the purchase price and terms of the home sale, that is the market value of the home if the deal closes. Appraisals however are backward looking.  They look at what is recently sold in the neighborhood.  Appraiser then makes adjustments to the sold properties to match the characteristics of the SUBJECT PROPERTY, to come up with the appraised value of the property.

Google+: View post on Google+

Post imported by Google+Blog. Created By Daniel Treadwell.

Radio Show: If you think home buying is a tough decision, selling your home is even tougher.  Home sellers not only have to worry about selling current house, however, they also want to think of buying another one.  Some decisions may be sudden, like relocation due to job or other family reasons.  However, other decisions take good amount of planning.  Seller may sell, because they want good schools for the kids.  Just like buyers buy at different school stages of the kids, seller's sell.  First time they sell, may be when the kid wants to go to elementary school with a good API score.  Second time may be when they enter middle school and high school.  and when kids are out in college, sellers may down size to a smaller manageable home.  I help sellers in every stage of their life. Surveys show that seller's sell on average of 6.1 years and think of selling almost 4 to 6 months before they actually put the house on the market.  Today I am going to talk about all the seller services I offer to make this transition a smooth transition.

Google+: View post on Google+

Post imported by Google+Blog. Created By Daniel Treadwell.

Radio Show: What is your New Year resolution, Buy a home for your family?  May be buy a bigger home for your family, sell the current one.  Whatever your choice, Home Ownership has its privileges!  Those start from having a home that you can call your OWN.  You can make improvements that you like, you can do gardening, upgrade the kitchen with now popular granite counter tops, cherry wood cabinets, designer paint, paint that matches your personality, furniture that makes you comfortable and the yard, the flowers, the summer barbecues, friends, family and parties…One of the things that is important to me is the place for kids to grow, place they will remember, the fun they will cherish.  Your kids are going to be with you only until they finish High School, then they move out.  Providing for the kids is one of the most satisfying factor for me.  http://youtu.be/GhugzBizrq4

Google+: View post on Google+

Post imported by Google+Blog. Created By Daniel Treadwell.

Radio Show: Real Estate Transactions, whether you are selling, buying or borrowing are very complex.  It's not just about getting the highest price for your home, but to close the deal in stated amount of time with terms acceptable to both parties. Real Estate Transactions can fall apart very easily if there is no proper due diligence.  During a typical transaction I talk to 43 different people from 14 different industries to complete the seven stages of the transaction.  My job is to execute integrated complexity in timely manner. Complexity of Real Estate Transactions (made with Spreaker)

Google+: View post on Google+

Post imported by Google+Blog. Created By Daniel Treadwell.

http://caloans.net/truth-in-lending/

Embedded Link

Truth-in-Lending
Truth in Lending Disclosure (TIL) Statement   One of the most important disclosures when obtaining the home loan is the TIL.  TIL shows Annual Percentage Rate, Finance Charge, Amount Financed …

Google+: View post on Google+

Post imported by Google+Blog. Created By Daniel Treadwell.

Radio Show: Complexity of Home Loans: ,Availability of loan depends on BORROWER, Type of property and Lender that fits your specific needs.  Being a Real Estate and Mortgage Broker, I have access to over 120 mortgage lenders.  As you know, rates fluctuate every day, and sometimes during the day.  There are many macro events that will affect the rates, like the Feds decision to Taper the bond buying activity or un-employments reports and GDP and so on.  10 year bond yield published daily is a good indicator of where the mortgage rates are headed.  So when you come to me, I ask you very thoughtful questions, understand your need regarding refinancing or getting the home of your dreams and guide you through the maze of options you may have.  My job is to save YOU MONEY.  many times home owners run after refinancing every time they se a lower rate.  However, every time that is done, they add 30 more years to their loan repayment terms.  That means starting the interest paying cycle ALL OVER AGAIN.  Loan agents may not advice you on that, because that affects their commission, at the expense of increasing your home ownership costs.  Many loan agents promote 5-7 year arms for lower payments, just to be able to churn the loan, without showing benefits of already low interest rates that give peace of mind for the duration of home ownership.

If you are buying a home, just with a quick phone call I can pre-qualify you and tell you approximate range you will qualify for.  If you are serious, I will actually pre-approve you for a loan based on through evaluation of your credit, income, assets and ability to repay.  If you are a seller f the home, in addition to marketing your home for sale, I first advice you whether you are in a position to buy first and sell later.  Or you must sell first and buy later.  In this market, if you sell first, there is no guarantee that you will be able to buy right away considering the tough competition in the market.  So as you see, I work way different that typical process of giving you the rates and asking you to complete loan papers in the beginning.

Google+: View post on Google+

Post imported by Google+Blog. Created By Daniel Treadwell.

See what Amit's Clients are saying …

Google+: View post on Google+

Post imported by Google+Blog. Created By Daniel Treadwell.

What happened to finger lickin good?

Reshared post from +eHow

Did you know you can communicate with your fork and knife? Well, sort of–depending on how fancy your host or the restaurant you're dining at is. The illustration shows us the basics, but this article goes even deeper: http://to.ehow.com/1f57LLh

Image: Imgur

Google+: View post on Google+

Post imported by Google+Blog. Created By Daniel Treadwell.