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Jodie Francisco REALTOR® (DRE License Number 01330628)
Prudential California Realty
16810 Ventura Blvd
Encino,  CA  91436
818.817.4236
818.970.3936 
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Get real with unrealistic sellers
In some areas there is a shortage of desirable, well-priced listings. Sellers who don't need to sell now are waiting for a better market. Many sellers who would like to sell now have unrealistic expectations about what a buyer would be willing to pay for their home.
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Tips for handling contingent offers
Financing a trade-up move is far more difficult now than it was before the economic meltdown of fall 2007. Today's guidelines require such buyers to qualify to carry two mortgages, to have verifiable income, and have enough cash for a downpayment.
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Refinance home to pay off credit card?
DEAR BENNY: We will soon have our mortgage paid off. Our home is valued at $120,000. Unfortunately, we owe about $50,000 in credit-card debt. I took early Social Security and work part time. My husband will take full Social Security next March and continue to work full time. So we had planned to pay extra on the debt with his Social Security check and the fact that we will no longer have a house payment. This will likely take at least two years. However, we wonder if it would be more beneficial to re-mortgage the house for the $50,000 to pay off all the credit-card debt. Obviously it would be a lower interest rate and would be an income tax deduction. What do you think? --Jean
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Downside to high-efficiency furnace?
Q: Is a high-efficiency furnace more likely to break down compared to a mid- or low-efficiency one?
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Should I Refinance?

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Jodie Francisco
REALTOR®
Prudential California Realty
16810 Ventura Blvd
Encino,  CA  91436
818.817.4236
818.970.3936 
Contact Me
Visit My Web Site
Equal Housing Opportunity   
  
Foreclosure Notices Drop in Major Counties:
Foreclosure Notices Drop in Major Counties: Default Research Posted By JON PRIOR On December 30, 2009 (1:21 pm) In Servicing/Default ...more
 
No benefit to refi with current lender?
DEAR BENNY: I am shopping for a new mortgage (I will refinance about $160,000 remaining on a condo worth about $300,000) and discovered my mortgage holder wants about $2,200 in closing costs. I just financed with this bank three years ago and have stellar credit. There seems to be no special benefit for refinancing with this lender. Their broker told me as much. I don't understand why they wouldn't want to keep a good customer. Any insight? --Janelle ...more
 
Not all woods absorb stain the same
Q: First-time homeowner and first-time stainer here! I had a small porch made out of untreated wood built last summer that I would now like to stain. I like the redwood look I see throughout the neighborhood, what I think of as the most common color of stain around! ...more
 
Tips for avoiding surprise defects
A homebuyer in the hills above Oakland, Calif., recently closed on a home that matched her wish list almost perfectly, which is as good as it gets. Before closing, the new home was inspected and no major defects were discovered. ...more
 
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