Sunday, August 24, 2014 / by Nicole Solari
Fabulous single family home in highly desirable Browns Valley neighborhood of Napa. Plantation shutters throughout, lots of storage, 3-car garage and pool are just some of the amenities of this great Napa Valley home! Almost 1/3 acre with side yard for RV or boat parking.
Call Nicole Solari at 707-486-5400 for a tour!
Monday, August 18, 2014 / by Nicole Solari
What Is A Credit Score?
When lenders evaluate a loan application, a process called underwriting, they try to evaluate your ability and willingness to repay the loan. They judge the borrower’s ability to repay by reviewing the income and stability of past earnings. This practice helps the lender to determine if the borrower can afford the loan payments. The review of past credit history is used to judge the willingness of the borrower to repay the loan.
Lenders want their evaluation to be as accurate, objective and consistent as possible. To help achieve this goal, home mortgage lenders use credit scores to assist in the underwriting process. Credit scores are numerical values that rank individuals according to their credit history at a given point in time. A credit score is based on past payment history, the amount of available credit, and other factors. According to Fannie Mae and Freddie Mac, two large investors in mortgage loans, credit scores have proven to ...
Monday, August 11, 2014 / by Nicole Solari
Many sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? These are all valid questions. However, there are several reasons to sell your home sooner rather than later. Here are three of those reasons.
1. DEMAND IS ABOUT TO SKYROCKET TO SELL YOUR HOME
Most people realize that the housing market is hottest from April through June. The most serious buyers are well aware of this and, for that reason, come out in early spring in order to beat the heavy competition. We also have a pent-up demand as many buyers pushed off their home search this winter because of extreme weather. Sellers in markets where seasonal weather is never an issue must realize that buyers relocating to their region will increase dramatically this spring as these purchasers finally decide to escape the freezing temperatures of the winters in the north.
These buyers are ready, willing and able to buy…and are in the market rig ...
Wednesday, June 18, 2014 / by Nicole Solari
When it comes to real estate loans, you'll find that there are many options. Figuring out which loan or loans are best for your new property purchase can be confusing, but I can help. Here are some types of loans you might investigate.
Conforming Loan: When a loan conforms to the guidelines of FNMA/FHLMC (Fannie Mae/Freddie Mac) in both terms that may be purchased by FNMA or FHLMC it is conforming. Loans that do not match these guidelines are non-conforming loans. If the loan does not conform due to its amount, it is a Jumbo Loan. Conforming loans may have either fixed interest rates or adjustable interest rates.
Conventional Mortgage Loan: When the loan amount is within the FNMA/FHLMC guidelines, and the federal government does not insure or guarantee the lender payment through the FHA or VA, the loan is conventional). Conventional loans may have either fixed interest rates or adjustable interest rates.
FHA Insured Loan: Loans insured by the ...
Wednesday, June 11, 2014 / by Nicole Solari
Keeping Cool During Summer
Like many of us in Solano County, rising temperatures can be not only a blessing but also a curse. If you are blessed enough to have a HVAC system in your home then you may not be aware of the struggle to keep cool during the hot summer months. For those of your without an AC (or those of you who are cheap like me and keep the thermostat up) here are a few simple helpful tips can make the summer months much more bearable.
Use Fans Strategically
As many know fans can provide a huge relief from hot summer days. Always make sure your ceiling fan is rotating in the correct direction as to direct airflow downwards, instead of upwards. Placing stand-alone fans directly on you from any distance will also be sure to lower your body temperature
Eat Cold Meals
Eating cold meal and drinking cold drinks can also help to lower your body temperature. Also refraining from cooking in the oven, or on the stove can great ...