Extraordinary New Listing in Tierrasanta Norte
To
get started with your home purchase, call Tim @ 858-354-2354, “The Right Choice in Real Estate”. BRE #01224576
Friday, August 18, 2017
Friday, August 4, 2017
Seniors Home Sale Notes
Real
Estate Matters with Tim Bro
Seniors
Home Sale Notes
When
you are ready to retire, your home is one of your most valuable assets. Whether
you’re downsizing, buying in a new community or moving in with family, it takes
careful planning to get the most out of your most valuable asset.
Seek an
Agent with Specialized Knowledge
It
is critical to find a real estate agent knowledgeable about the specialized
needs of seniors, such as Tim Brodowski, your Seniors Real Estate Specialist.
Through experience, specialized training and credentialing programs, Tim is
familiar with the seniors’ unique issues of selling their home. He is a
specialist that will guide you in making appropriate decisions and refer you to
other experts as needed.
Know Your
Home’s Value
Having
lived in your home for many years, it is natural to be unsure of its current
value. Lack of knowledge about current prices could cause you to accept much
less for your home than it is worth. To find out the current price for your
home, contact Tim to review a market analysis.
Needed
Guidance
Tim
will guide you thru the maze of disclosures, issues, and potential pitfalls,
with selling your home and make it a smooth process for you.
To
get started with your home sale or purchase, call Tim @ 858-354-2354, “The Seniors Choice for Real Estate”.
When Real Estate
Matters, contact Tim. BRE #01224576
www.youtube.com/c/TimBroHomesUS
www.TimBroHomes.US
Tuesday, August 1, 2017
Differences among Mortgage Brokers and Mortgage Bankers
Real
Estate Matters with Tim Bro
Differences
among Mortgage Brokers and Mortgage Bankers
Mortgage Brokers …
The National Association of Mortgage Brokers defines a mortgage broker as an “independent real estate financing professional who specializes in the origination of residential and/or commercial mortgages.”
Brokers work individually with borrowers, collecting information, documentation, and verification to process the loan application. Once the loan package has been prepared and conditionally approved. The broker matches his client with a lender. He walks the paperwork through final approval, escrow deposits, and loan funding.
Broker’s fees are typically paid by the financial institution for the broker doing the loan generation, paperwork, and bringing the business to the financial institution.
Mortgage Bankers …
As defined by the Mortgage Bankers Association of America, a mortgage banker is an “individual, firm, or corporation that originates, sells, and/or services loans secured by mortgages on real property.”
Mortgage bankers are direct lenders. Working with them eliminates the middleman. They may use automated underwriting systems, so working with a banker may prove more expeditious. Mortgage bankers maintain competitive rates.
To
get started with your home sale or purchase, call Tim @ 858-354-2354, “The Right Choice in Real Estate”. BRE #01224576
Friday, July 28, 2017
Real Estate Disclosures
Real
Estate Matters with Tim Bro
Real
Estate Disclosures
The general rule of thumb is that anything that could affect the value of the property or the desirability of the property should be disclosed.
When it’s time to fill out the disclosure forms, answer all questions to the best of your ability. Disclose everything that you’d want disclosed to you if you were the buyer. If you don’t know the answer to a question answer “Do Not Know.” But not having precise facts about defects does not permit you to answer “Do Not Know” to the question.
If
you desire an agent who will walk you thru the entire process, including the
disclosures, call Tim @ 858-354-2354, “The Right Choice in Real Estate”. BRE #01224576
Friday, July 21, 2017
Lock in Your Loan
Real
Estate Matters with Tim Bro
Lock in
Your Loan
A lock-in at application is useful when interest rates are on the rise, protecting against rate increases. If interest rates are falling, it may be best to wait until after application approval to lock in.
Lock-ins aren’t always free. Some lenders charge up-front fees, which may or may not be refunded upon application withdrawal or denial. Other lenders charge the fee at settlement. The fee may be a flat fee, a percentage of the mortgage amount, or a fraction of a point added to the lock-in rate.
To
get started with your home sale or purchase, call Tim @ 858-354-2354, “The Right Choice in Real Estate”. BRE #01224576
Thursday, July 20, 2017
Your New Neighborhood
Real
Estate Matters with Tim Bro
Your New
Neighborhood
1. Walk the neighborhood and make a map, marking down street names, bike paths, parks, tennis courts, etc.
2. Drive around the area and find the post office, the closest grocery store, a favorite restaurant, mall, bank, hospital, etc.
3. Go to the library, community center, or parks.
4. Go to the local recreation center and see what’s available … clubs, classes, events … for every member of the household.
5. Subscribe to the community newspaper for lists of local events, discount coupons to local businesses, etc.
6. Participate in your new community. Join your homeowners association and attend the meetings. Join the PTA. Volunteer at the local food bank.
7. Research the community online. Read about what others have to say.
8. Don’t wait for the neighbors to come introduce themselves. On the weekend, whip up a batch of cookies and go door to door, introducing yourself and distributing goodies. Enjoy your new neighborhood!
To
get started with your home sale or purchase, call Tim @ 858-354-2354, “The Right Choice in Real Estate”. BRE #01224576
Tuesday, July 18, 2017
Protect Your Investment - Homeowners Insurance
Real
Estate Matters with Tim Bro
Protect
Your Investment – Homeowners Insurance
1. Set higher deductibles to lower your premiums; just make sure you have enough cash to cover the larger deductible.
2. Most companies offer discounts for smoke detectors, burglar alarms, third-party alarm monitoring systems, dead bolts, fire extinguishers, and Neighborhood Watch programs.
3. Earn “multiple coverage” discounts by using one carrier for all insurance needs.
4. Premiums will be higher if the fire stations and fire hydrants are too far away.
5. Going without a claim for three to five years may warrant a discount. Most companies also reward longevity of service.
6. Some companies offer discounts to people who have paid off their mortgage.
7. Discounts may also apply if your home was built or rebuilt within the past 10-15 years.
8. Check out non-smoker, early retirement, and live-in-housekeeper discounts.
How to Collect: You are partly responsible for loss recovery. To prevent forfeiture of coverage and increase your ability to get a settlement: Notify carrier immediately after a loss. Make repairs to prevent further damage. List personal items damaged. Show an insurance rep the damage. Complete a statement explaining circumstances for the insurance company.
To
get started with your home sale or purchase, call Tim @ 858-354-2354, “The Right Choice in Real Estate”. BRE #01224576
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