Tuesday, June 18, 2019 / by Nicole Solari
WHY IS SO MUCH PAPERWORK REQUIRED TO GET A MORTGAGE?
When buying a home today, why is there so much paperwork mandated by the lenders for a mortgage loan application? It seems like they need to know everything about you. Furthermore, it requires three separate sources to validate each and every entry on the application form. Many buyers are being told by friends and family that the process was a hundred times easier when they bought their home ten to twenty years ago.
There are two very good reasons that the loan process is much more onerous on today’s buyer than perhaps any other time in history.
1. The government has set new guidelines that now demand that the bank proves beyond any doubt that you are indeed capable of paying the mortgage.
During the run-up to the housing crisis, many people ‘qualified’ for mortgages that they could never pay back. This led to millions of families losing their home. The gove ...
Wednesday, June 5, 2019 / by Nicole Solari
Multigenerational Homes Are On The Rise
As loved ones start to get older, we start to wonder: how long will they be able to live alone? Will they need someone there to help them with daily life? There’s a reason to ask those questions now more than ever, as the average life expectancy in the U.S. is 78 years old! As a result, 41% of Americans in the market are searching for a home that can accommodate a multigenerational family.
The graph below shows the number of people by generation that purchased a multigenerational home because they will either be taking care of an aging parent or they just want to spend time together.
Of those buyers, 26% indicated they will be taking care of an aging parent, and 14% said they want to spend time with an aging parent. These numbers do not come as a surprise. According to Pew Research Center, 64 million Americans (20% of the population) lived in a multigener ...
Friday, May 24, 2019 / by Nicole Solari
Everything You Need to Know About Moving to Napa
Whether it’s the natural beauty of the valleys, or you just want to be closer to Sandra Bullock, moving to Napa is really a great choice.
The City of Napa is simply one of the most stunning places in California, and right at the heat of the Napa Valley wine region. It’s a perfect destination for a permanent relocation or purchasing a vacation home, particularly if you want to embark on hiking trails or live close to lovely parks.
But moving anywhere in this county requires quite a bit of preparation, particularly if at the moment you’re miles away from Napa or even California. Luckily for you, we’re presenting everything you need to know about moving to Napa!
A quick Google search for Napa results in countless breathtaking photos, which are enough to make anyone want to move here. However, it is a big life decision, and you should know a few thin ...
Monday, May 6, 2019 / by Nicole Solari
THE COST OF RENTING VS. BUYING THIS SPRING [INFOGRAPHIC]
Historically, the choice between renting or buying a home has been a tough decision.
Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious.
Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!
Thursday, April 25, 2019 / by Nicole Solari
SANDRA BULLOCK’S BEACH HOUSE ON TYBEE ISLAND IN GEORGIA
Sandra Bullock bought this beach house on Tybee Island in Georgia in 2001, but now she’s ready to let it go. She’s selling the oceanfront home fully furnished for $6.5 million.
The listing says, “If you’re looking for your very own private retreat, then look no further than this stunning low country estate. For the serious-minded, this compound, made up of 9 parcels, provides privacy unlike any other on this barrier island. Tucked away on almost 3 acres of fenced, beachfront real estate, you can escape it all in style.”
Take a look!
Sandra Bullock’s Beach House on Tybee Island
The front porch is wide and long and connects to a screened section on each side:
The listing says:
The spacious main house has 3,360 square feet of luxury living including a gourmet kitchen, expansive screened porches, a private home gym, a basketball court, a pool ...