Edwards Home Block | Keller Williams Realty
Joan Patterson, License #01431647
Keller Williams Realty
I specialize in Under 640 Fico Score Loans and offer credit repair at no cost to raise fico scores to qualify. FHA minimum 580 fico score qualifies for CHF Access half percent down payment or 3.5% down FHA. Conventional under 660 fico is 20% down and minimum 660 fico 5% down and minimum 700 fico 3% down. Rates as low as 2.875% with minimum 740 fico up to 2 million. Let's get you approved today and out shopping for a home of your choice.
Here is a link, flyer, maximum income limits for CHF Access and a needs list to gather for processing a loan approval. I only need to ask a few dozen questions to qualify you in minutes for the many loan program I offer that can benefit you the best financially.
CHF Access half percent down flyer, pdf
CHF Access income limits http://tinyurl.com/8lzf8he
Sheryl Arndt, standard needs list checked, pdf
Why Rent brochure
Sheryl Arndt, Real Estate Broker â€“ Sr. Loan Officer CA only
REO & Short Sale Specialist
20+ Years Experience
There is a severe lack of inventory on the market today. Which leads to multiple offers at list price and above once property hits the MLS --AND-- sometimes the properties are listed as pending sales right from the start.
With this kind of frenzy, buyers who are desperate for a home will offer above the list price to be as competitive as possible. The flip side of this is that financed properties are appraised by licensed, neutral appraisers. Many times the accepted purchase price is amended in escrow to a lower purchase price determined by the appraised value.
If it is determined that the market is on an upward trend, then appraisals will lean towards higher resale values. The basic supply and demand aspect of economics is an absolute recipe for a rise in property values.
Hope that helps! Good luck to you.
Diane Wheatley, Broker
I'm a Realtor and a Certified appraiser. We definately look at supply and demand. What's available on the market. When we look at comps, we not only look at what was sold, but what is pending/backups and selling and what is for sale and prices set for active listings. You can check an area by looking at these timelines and seeing how many where available then and now, and what where the prices then and now. Don't forget to make appropriate adjustments for shortsales...especially if they were listed a year and a half ago and just closed... You are looking at a value that was a year and a half ago, not necessarily todays.
It is both factors for sure. The statistics just came out and prices as a whole are increasing. Last month it was a 5% jump. However in some areas it can also be attributed to low inventory and bidding wars that result because of this. In Rancho Cucamonga, with the newer homes and more upscale shopping, it is a much-desired place to be. This can make an even larger price increase in some neighborhoods.
The trick is to get an agent who #1 knows the area, knows how to get an offer accepted and can swim through any obstacles that may arise in your deal. And like every other agent, I'd be remiss in not saying that if you truly want to get a deal completed and own your dream home, give me a call. I will be more than happy to help you achieve your dream.
Linda K. Mayer
The Buyers Group
Keller Williams Realty