Friday, October 11, 2013

Two Things You Need During the Homebuying Process: A Solid Spouse and a Reliable Real Estate Agent

As I sit on my desk pondering on what to blog about this Friday morning of October 11, I find myself suffering from a writer’s block. No ideas, no concepts, no subject matter, hence, no words.

I am amidst a home-buying and home-selling situation and with two young children, an eight-to-five job, and house chores, I am drained.

I am learning though that there are two things good to have when you’re amidst a homebuying process—a supportive and positive spouse and reliable real estate and loan agents.

First you need the solid support of your partner to bounce off thoughts and weigh pros and cons when considering a property that may end up being your lifelong home. I usually decide with my heart and thankfully, my husband is practical and mathematical. Plus when I get so engrossed on checking my MLS link (Multiple Listing Service is a resource sent to you by your real estate agent to communicate prospective properties), there is a partner who remembers to prepare milk for the baby.

Second, you need to have a reliable real estate agent who looks out for your needs, not his. Ours is Rodman Amiri of Merit Real Estate who knows our budgets, knows our needs, and knows our tastes by heart (including our eldest daughter’s, Jamie, who longs for yard space for a jumper on her birthdays.) He makes sure that the areas we vie for are conducive to raising a family. He anticipates our future plans (I told you how he knows these by heart) and makes sure the homes we look at have room to grow into. Finally, he looks out for the price. He studies the comparables—list of surrounding homes with the same specifications in a particular neighborhood—and all other real estate factors that allow us to make the right offers and not overbid. He disregards a property if it is not suited for us even if it may mean earning him a bigger commission. He wants our mortgage payments to be comfortable for us to keep the house for the long-term. Lastly, I cannot thank him enough for his patience and perseverance. For all of my family’s collective desires in finding a house, and selling our current one, he always meets those needs. And I say always.

Finally, you have to have a stable financing company behind you. Redondo Mortgage Center (RMC) has been around South Bay for nearly 25 years. It is good to have a solid pre-qualification on hand before you even start shopping for a home. RMC will guide you through the process and ensure that you are qualified to make an offer.

I will not say that homebuying is completely stress-free. Particularly if you are hormonal like me. But with partners alongside you who make the process adventures as opposed to arduous, there is a lot to look forward to than stress about. It is certainly comforting to have a partner who can put you in a realistic perspective and a real estate agent who remembers that a yard needs to be big enough for a bouncer.

I guess I no longer have a writer’s block J
-MMG


Wednesday, October 9, 2013

"I Want to Make Sure Buying This Home Works for Me"

Don't we all?

We often get excited about a house or a certain space in it that we tend to overlook the use of space. Will it fit furniture we currently have? Or will we need to furnish it more? Will the size be sufficient for our needs?

It's always good to take measurements and assess how you will lay-out your existing furniture and appliances. One thing you could do is also draw in your existing furniture on a photograph of that space so you can see if that works for you.

This photo is a sample of what you can do to envision the use and capacity of a specific space. One of our clients was considering this home and wanted to be able to imagine if their existing furniture and decorative items will suit the space in this prospective property.

All the furnishings that they incorporated in this lay-out are pieces they already have in their existing home. By super-imposing the pieces on the open space, they were able to envision and see that the new space works for them hence they made an offer on the property.


If you have a space and would like us to help you envision if it works for you, write to info@redondomortgae.com and we can try to help virtually furnish a space. Beyond this, we can also pre-qualify you to purchase that specific home so when you find that the space works, your financing is already in place :)

Monday, September 30, 2013

Rates Steadily Drop as Feds Postpone Tapering Purchase of Bonds

For those of you waiting for rates to decline, now may be a good time to proceed with homebuying and refinance. As confidence in an improved economy increases, rates continue to go down, giving you the right opportunity to lock in on your home financing.

As the Federal Reserve Board holds off on tapering bond purchase, “mortgage rates tumbled down this week” Sr. Loan Processor Brady Benham at Redondo Mortage Center reports:

4.47% (30-year fixed)
0.33 (average points)

The 30-year fixed-rate mortgage fell 19 basis points to 4.47 percent. A basis point is one-hundredth of 1 percentage point.

The 15-year fixed-rate mortgage fell 17 basis points to 3.53 percent. The average rate for 30-year jumbo mortgages, or generally for those of more than $417,000, fell 13 basis points to 4.64 percent.

The 5/1 adjustable-rate mortgage fell 14 basis points to 3.41 percent. With a 5/1 ARM, the rate is fixed for five years and adjusted annually thereafter.

Subsequently, as the real estate market stabilizes and slowly deflates the “seller’s market bubble,” it opens up opportunities for homebuyers to avail of a home at lower interest rates.

For any homebuying or refinancing questions you may have, please do not hesitate to call any of our officers at 310-318-8999 for a free consultation. You may also visit www.redondomortgage.com

Source: http://www.bankrate.com/finance/mortgages/rate-roundup.aspx#ixzz2gOK8n0Ey

Monday, September 23, 2013

RMC at the Service of First-time Homebuyers



POOYAN FARD OF RMC hosted a free consultation booth at the Crowne Plaza in Redondo Beach last Sunday. Pooyan lent advise and tips to brides and married couples to-be on buying their first-home, getting their credit situated, and what documents to prepare in qualifying for financing.

Hosted By Pooyan Fard, MBA  BRE 01917095 NMLS 862460

For a free consultation on homebuying and refinancing, please contact Redondo Mortgage Center at 310-318-8999 or visit www.redondomortgage.com


Monday, September 9, 2013

RMC is Giving Away 10-$50.00-Value Bride World Expo Tickets

Redondo Mortgage Center Invites you to The Bride World Expo
Sunday, September 22, 2013
10:00 AM to 4:00 PM
Crowne Plaza Hotel and Resort
300 N. Harbor Drive, CA 90277
We are giving away 10 Free Passes. 
Each ticket admits One bride and four of her additional guests.
A $50.00 Value!
Just reply "Best Wishes RMC!" to this post or directly to info@redondomotgage.com to have your free ticket mailed to you.
First 10 respondents by the end of the day will receive one free pass for five people.

Winners will be notified via private message or a direct response via Email.
For promo details and more information, please call 310-318-8999.

FEEL FREE TO FORWARD TO ALL YOUR FRIENDS WHO JUST GOT ENGAGED!