Home Buyers: 5 Things to Know As You Wait for Closing Day

The seller accepted your offer, and now you've just got to sign on the dotted line. Right? For some home buyers, the closing day for a real estate purchase is as formal and complicated as the transaction itself. For others, it’s just a blip on the radar. Either way, there are some important things to keep in mind as you make your way to homeownership. Your mortgage rate could expire Mortgage interest rates can fluctuate daily, and the rate your bank quoted isn’t good forever. Instead, Read more [...]

3 Common Mistakes First-Time Home Buyers Make

Look out for these pitfalls before you take the leap into purchasing a home. Everton Allen, now 28, graduated from college and was living with his parents while working as a graphic designer for the Miami Dolphins when he decided he wanted to start his own company and buy his own home. “I’d saved for a down payment over several years,” he says. “But I was worried it wouldn’t be enough, and that not having a traditional salary would affect my ability to qualify.” Such misgivings Read more [...]

12 Security Tips for Living Alone Safely

How to beat Kevin McCallister at the 'Home Alone' security game (with advice from actual experts). Living alone has its benefits. No race to the bathroom to get ready in the morning. Sole control of TV and takeout choices. A pants/no-pants policy, as you see fit. But there are also some drawbacks, security not least among them. The number of people living alone is on the rise. “The most recent [census] reports show that around 14 percent of Americans live alone,” says Sarah Brown, a security Read more [...]

FHFA increases conforming loan limits for first time since 2006

For release:November 23, 2016 California REALTORS® commend FHFA for raising Fannie Mae and Freddie Mac conforming loan limits LOS ANGELES (Nov. 23) –  The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency’s (FHFA) announcement to increase the 2017 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac Read more [...]

Entertaining Essentials: 5 Items Every Host Needs

Before you open your doors to friends and family to celebrate the holidays, make sure you've got the basic tools for entertaining. Editor’s note: Whether you’re hosting the whole family for the holidays or just welcoming a solo weekend guest, entertaining at home can be the perfect chance to make happy memories with those you love. With our expert advice, opening your home to friends and relatives will be a snap. Look for home entertaining tips every day this week on Porchlight.  It’s Read more [...]

New Trump administration?s effect on housing

Housing and housing policy were largely absent from the discussion during this election cycle, but with a new President comes the potential for change. It is important to consider how the President-elect might affect the economy and what the implications are for the housing market here in California. The details on specific policy proposals have been scant, but C.A.R. has parsed some of his campaign statements, Read more [...]

Veterans: Get 100% Financing on Home Loans up to $1 Million

If you've served in the U.S. military, you can get a loan backed by the U.S. Department of Veterans Affairs with no down payment. As the financial crisis gets further behind us, mortgage options get more flexible. One loan program that’s often overlooked is a VA loan. If you’ve served in the U.S. military, you can get a loan backed by the U.S. Department of Veterans Affairs (VA) with no down payment. VA loan features This may be a surprise: VA loans aren’t actually made by the VA. They Read more [...]

10 Expert-Approved Home Security Tips for First-Time Homeowners

You bought your first home and you're thrilled! Just don't forget to close the garage door. Buying your first home is an occasion worth celebrating. But before you get caught up in decorating and planning that housewarming party, it’s important to make certain your new home is secure. New homeowners are especially vulnerable to security risks, as they are just beginning to learn about their new home and neighborhood. Get a head start with these 10 home security tips for first-time buyers Read more [...]

Countdown to Moving: 3 Steps to Get Prepared

What size truck do you need? How many boxes? Is the old couch coming, too? Better figure it out now. Properly preparing for any move — whether big or small — is essential for a successful, low(er) stress moving experience. Assessing everything in and outside your home that you want to take along — and figuring out exactly how you’ll actually get everything on your list into your new space — is essential when preparing to move. Here are three steps to pulling it off.   Taking Read more [...]

3 Situations Where It Pays to Buy a Fixer-Upper

You finally found "the house," but it needs some work. Will it be a money pit or a money maker? It’s every home buyer’s worst nightmare: Finding a house within striking distance — of your price range and work— that quickly turns into a money pit. On the flip side of the fixer-upper experience is someone like Jordan Brannon, a director of digital strategy in Spanaway, WA, near Tacoma. Although he’s sunk considerable money into his two-story, late-1990s home, he feels it was a good Read more [...]