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THE LEVERAGE OF LOWER MORTGAGE RATES
After the $8,000 federal tax credit expired last April 30 many buyers again sit on the fence in an indecisive mode, wondering w
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RIDGECREST FACTS AS OF AUGUST 2010
• To date there are 191 site built homes on the market ranging from $27,900 to $589,900.
• Past three months’ price per square
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CALIFORNIA FAST FACTS
• California median home price – $311,950
• Lowest median home price – High Desert $125,620; Ridgecrest $159,450.
• Highest
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Sellers face new dilemma in timing the market
Some sellers have been biding their time for three years and now wonder if they should continue to wait or bite the bullet and sell now.
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Seven rules for room additions
If you're happy with your home and your neighborhood but are craving a little more space, maybe adding on is a better alternative to moving out. Room additions can be a terrific alternative for many homes, adding space for a growing family and adding resale value at the same time.
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Good Faith Estimate contains some 'quirks'
As of Jan. 1, 2010, the Department of Housing and Urban Development (HUD) required lenders to provide mortgage borrowers with a new three-page Good Faith Estimate (GFE) to protect consumers who are applying for a mortgage.
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Water audits prepare you for the future
Despite a very wet season this past winter, the increase in rainfall didn’t make up for many years of below-average water levels. In 2009 California Governor Arnold Schwarzenegger declared a state of emergency in an effort to manage the drought crisis. Since then, many water companies have put into place mandatory water rationing with financial penalties for homeowners who don't comply. Before you find yourself paying more for your water, be prepared for the future by conducting a water audit (don't worry, you don't have to find all your water bills from the past two years).
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