The Gurrola Team: Updates and Info

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Real Estate Agent - Remax Realty 100
New listings, market information, help for new homeowners, etc.
RECENT BLOG POSTS
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You would think that the best investment you could make in terms of retaining value would be gold, but maybe not. A recent article in the LA Times compared the value retained by gold versus real estate. Over the past 3 years, housing has not been a great investment, but over the long haul, it hol...
01/04/2011
Speculation is that the time has come when the low mortgage rates we've been enjoying start to rise. Since November, mortgage rates have been slowly but steadily rising from the record lows that borrowers had been enjoying. The average 30 year fixed rate mortgage rate has risen to over 5% for the...
12/30/2010
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The new federal tax bill signed into law on December 17th will be a disappointment for homeowners looking to remodel their homes with energy efficient products this year. The previous legislation provided a tax credit for 30% of the cost of the improvements, up to $1500. Now, the tax credit is on...
12/29/2010
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The economy may well have been better off without the home buyer tax credits from earlier this year. An analysis showed that had the credits not been implemented, the average home price would be 10% lower than it is right now. The Joint Committee on Taxation has also estimated that the credits co...
12/28/2010
In a move aimed at making credit scores and their implications more accessible to consumers, mortgage shoppers will see an addition to the paperwork starting January 1st. There will be a mandatory alert on how the borrower's credit score will affect the rate quote and terms their lender will prov...
12/22/2010
Wells Fargo announced that it would provide about 15,000 loan modificiations to homeowners with "pick-a-pay" loans. The loans are dangerous options because they start out at extremely low rates that may not even be enough to pay towards the interest on the loan. Over time, the rate goes up and up...
12/21/2010
It’s a lot harder to get a good ROI (return on investment) when remodeling in today’s market but it’s still possible here are a few tips. The way people remodel has changed there’s no more incentives to spend a small fortune on a remodel, the ROI is not good enough. Kitchen and bath remodeling ar...
12/16/2010
There's a possibility that in the future banks will begin to monitor the lives of their borrowers after giving them a loan. And not just by making sure they're paying their bills. A new program by IndiSoft that may become effective within the next few years would keep track of the borrower's pers...
12/16/2010
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For every job, there's a personality. All the web designers I've ever known have been enthusiastic about their profession, a little weird, and generally very intelligent. They do their job because they find it interesting and they like to build things, though they may not know how to use a single...
12/15/2010
I've been saying for awhile that the market for high-end homes would eventually crash and burn. Now they're finally reporting on it! While the general market in Southern California has been floundering for several years now, the high-end market has enjoyed a seemingly protected status. But, their...
12/14/2010
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Victor T. Gurrola

Diamond Bar Real Estate Professional
local_phone(626) 768-2149
smartphone(909) 480-5478
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