West Hills, CA Real Estate News

By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
I want to share this e-mail with the Community  I received from my friend Barry Eisen. As a hemophiliac I personally thank him and  any person who donates blood. Giving blood is giving hope. I think  what he is doing is great. I encourage  anyone that has good healthy blood to share it with the ones who may need it! .............   I hope you'll join me, in some way, to fill this need.  Some of you may choose to join me by giving whole blood or platelets, others may forward the email. Giving the gift, literally, of LIFE, creating tangible connection to others and protecting us all for possibilities just feels great.     Hi All, Almost 29 years ago my wife, Nan, was about to give birth to our first daughter, Erin.  I was asked to give blood in case either needed it in delivery.  It was ...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
West Hills Real Estate...From Your Realtor...... Emergency Numbers. Resources To Make Our Community Better.  If you wish I can mail you a copy of this flyer. Just give me a call  818-926-5425 or send me an e-mail requesting it. I would be glad to provide it for you.   FREE   SEARCH IN THE MLS  ds SEARCH AGENT   DIVERSE SOLUTIONS SoCalMLS  Welcome to my website West Hills Home Buyer's Guide                                    West Hills Home Seller's Guide      My Website For Sellers For Buyers Monthly Newsletter Call me! eMail me! Canoga Park-Winnetka SF Valley Face Book Listing Book West Hills LA Gas Prices Rentals Pending pending   The market is coming back but at this time you still have a very good opportunity to purchase a property  at a very reasonable price  My business is the res...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
Welcome to my blog please let me know if I can help you with any of your Real Estate Needs How To Read A: PLAT MAP COUNTY OF LOS ANGELES. Book  and Page, Parcel, Lot,Lot Lines,Lot Dimensions,Trac Number,Recorders Map Book and Page of Tract.   FREE   SEARCH IN THE MLS  ds SEARCH AGENT   DIVERSE SOLUTIONS SoCalMLS  Welcome to my website West Hills Home Buyer's Guide                                    West Hills Home Seller's Guide    My Website For Sellers For Buyers Monthly Newsletter Call me! eMail me! Canoga Park-Winnetka SF Valley Face Book Listing Book West Hills LA Gas Prices Rentals Pending pending    The market is coming back but at this time you still have a very good opportunity to purchase a property  at a very reasonable price  My business is the result of the support and refe...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
BEFORE SELLING YOUR HOME              My commitment as your Representative is to.... Present agency disclosure explaining the different relationships between agents and consumers. Deliver a Competitive or Comparative Market Analysis Create and present a detailed, written marketing plan including specific strategies, programs and buyer targets. Recommend property merchandising and enhancements to maximize marketability. Provide a written estimate of seller expenses and proceeds. Discuss your property disclosure statement and deliver it to each prospective buyer Commit to regular communication including prospect and market feedback Promote property through advertising, direct marketing, industry networking and the Internet. Provide counsel and negotiating assistance on all offers to purch...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
  After  months of dealing with mosquito bites coming from the abandoned pools of foreclosed houses finally our prayers were answered with this new City ordinance. Not only the mosquito problem but the neighborhood safety will be improved.    This information was provided by:     E-Police Newsletter [30450@lapd.lacity.org] A new Los Angeles City ordinance sponsored by City Council President Eric Garcetti was recently passed that now compels banks and other financial lending institutions that own vacant, dilapidated and/or nuisance properties in the City of Los Angeles to keep them clean and safe. The ordinance now makes these firms responsible for maintaining the properties as soon as they issue a notice of default The City now has a legal means to ensure that banks which have foreclose...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
  First Time Home Buyers..Esperanza's guide to buying a home/West Hills Ca / San Fernando Valley Real Estate   Buying a home is probably the biggest financial investment you'll make in your life. Before you get started, do some homework. This handy Buyer's Guide will show you some things to keep in mind as you're hunting for that home of your dreams.   West Hills Esperanza's GUIDE TO BUYING A HOME #1 West Hills Esperanza's GUIDE TO BUYING A HOME #02 Preliminary Financing Concerns West Hills Esperanza's GUIDE TO BUYING A HOME #02 Step.2 West Hills Esperanza's GUIDE TO BUYING A HOME #2 Step 3 and 4 West Hills Esperanza's GUIDE TO BUYING A HOME #3 West Hills Esperanza's GUIDE TO BUYING A HOME #04 SECURING FINANCING West Hills Esperanza's GUIDE TO BUYING A HOME #04 SECURING FINANCING... (TH...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
Esperanza's GUIDE TO BUYING A HOME #1   Congratulations!   Buying a home is one of the biggest investments and financial decisions you can make. While it is a major commitment and responsibility, it is also a very exciting time in your life. I'm proud that I will get to play a part in it and am excited about soon having the privilege of handing you the keys to your new home! .With that said, it's important to keep in mind that home buying is a complicated process. I will be working hard to make sure that everything is as rewarding as possible, guiding you at every step and making sure that you needs and desires are met. .This guide was designed to inform you about all steps of the home buying process so that you can feel confident, make informed decisions and act as an educated buyer. I...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
 Most Home buyers  find that they need to finance at least part of their home purchase. therefore, the first stage in finding the right home is to review your personal financial situation and make an informed estimate of your true purchasing power. Your purchasing power will depend on: . Your Income . Your credit Rating . Other Monthly Expenses .Your Down Payment .Available Interest Rates   HOW MUCH HOME CAN YOU BUY? The next four steps discussed will help you review home financing and get you prepared to speak in detail with a lender. A more thorough overview of the financing process is covered later in this guide Step1: Make a rough estimate of how much home you can afford based on your income Here are a few methods that will give you an approximate starting point for how much home y...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
Step 2: Take a close look at your credit report. Your Credit History is one of the principal measures used by a lender to determine your interest rat. The better your credit, the better lending terms your bank or lending institution will be able to offer you. a higher intgerest rate translates into a higher monthly mortgage payment, and so your credit score will directly avvect how much money you can borrow and at which homes you should be looking.   You should be aware of what information is on your credit report by obtaining and reviewing copies of your credit report from the three main credit report agencies.   Equifax  http://www.equifax.com                1.888.766.0008 TransUnion http://www.Transunion.com    1.800.888.4213 Experian http://www.experian.com            1.888.397.3742...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
Step 3: Gather the Documents/Take a look at your Assets and Monthly Expenses Your lending institution will ask you to give a complete profile of your financial situation. In addition to your income, your existing assets and debts will determine how much money that you can borrow.   Below you'll find a list of documents you may be required to produce regarding your financial situation when you speak to a lender. It is a good idea to gather these things now and have them on hand. You will need to provide this information for all primary and co-borrowers. .Social Security Number                                            .Federal Tax Returns (for the past 2 years) .W2 Forms from the previous two years                   .Complete Record of Assets .Pay Stubs (most recent months)             ...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
        I've made a commitment to help you find a home that suits your wants and needs, so now it's time for you to articulate exactly what those wants and needs are. By sitting down and considering the kinds of things you're really looking for, you can save a lot of time and frustration by avoiding houses that aren't for you. Now that you've detailed your ideal home it's time to put your priorities in order. What is the most important thing for you, what areas can you compromise? Chances are that the perfect home for you won't be exactly what you put down on paper. Rank these five areas of your home's features benefts from 1-5, I being the most important, 5 being the least important: price, location, size, amenities & design, others/special. -----------Price--------------Location------...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
Pre-Qualification is only a loan agent's opinion that you'll be able to obtain financing. No verifications are made, so formal approval is not issued. Pre-Approval means your loan application has been taken through a rigorous procedure. Pre-approval saves you the time of looking at houses you can't afford. Pre-approved buyers are ahead in the home buying game. If you make an offer on a home and then apply for a loan instead of the other way around, you are at mercy of the lender who now knows that you don't have time to shop around. A pre-approval letter from a lender will also give you an edge when multiple offers have been made on a house. Pre-approved buyers generally close escrow more quickly, since most of the paperwork has already been taken care of. Mortgage Overview            ...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
What are the terms of the loan? All the terms of a loan matter, not just the interest rate. You'll want to get a complete picture and break down of what a given offer means to you on a monthly basis as well as how much money you'll be spending over the life of the loan. At a minimum, you should request quotes with a few different scenarios and compare the financial impact of each situation before you determine your best course of action. Loan Type / Rate Types                                                                                                                    Fixed Rate (Traditional) Loan These loans are usually structured with repayment terms of 15,20,or 30 years. The lender will agree to charge a fixed interest rate over the life of the loan. With this loan type, your mo...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
What Additional fees will be required in this Loan? Most loans have additional fees. You can sometimes borrow th4 money need to cover these fees, but that will obviously increase the overall amount of debt you undertake. Some fees are paid up front, and others are not due until closing. Loan Origination Fees. The institution that actually loan you the money will generally charge on origination fee for processing the loan. They are often expressed as a percentage of the amount of the loan. Underwriting fees Certain lenders will charge a fee to investigate your credit worthiness and determine if you are likely to repay your loan. Broker fees Typically paid at closing, a mortgage broker may charge you a fee in addition to the origination fee. If you are working with a broker, be sure to ch...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
The Down Payment/Payment Mortgage Insurance The largest upfront cost in purchasing a home is the down payment. Most traditional lenders expect borrowers to put at least 20% of a loans total amount down. Borrowers who are unable to do so are required to purchase Private Mortgage Insurance (PMI). This insurance protects the lender in case of default by the borrower. 1.Be sure to get a clear indication of the won payment percentage required byyour lender. You will aldo want to know what kind of documentation your lender requires to verify that you have funds for the down payment. 2. If you are not able to put down the traditional 20% on your purchase and Private Mortgage Insurance is required, ask your lender what the total cost of the insurance will be, how much it will increase your mont...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
Home Shopping can be both exciting and exhausting but doing some preparation before you hit the street to look at homes will help out tremendously. Chances are you've already started your search online. In addition to the sites that you've already visited, I would suggest you look at: www.esperanza4homes.com        What sites have you visited in your home search? When you find a listing online that you're interested in. please send it to me at Esperanza@EsperanzaButler.com  Not only will I arrange a showing time for us to view the property, I will also search the MLS for similar properties so you can look at other homes like the ones you've found. Here are some great tips to keep in mind when you're home shopping: 1. Don't view to many properties in one day. 2. Bring a notebook, pen and...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
When you've found a home that you're interested in, it's time to make an offer. As your buyer agent, I will draw up a contract with your offering price and necessary contingencies into a formal contract. You will want to review this document carefully and make sure it states your terms exactly. If the offer is accepted by a seller, this contract will become a legally binding agreement. In addition to an offer contract, you will need to provide earnest money as well as a letter from your lender indicating your qualification to purchase. Earnest Money typically equals between 1% to 3% of the property purchase price. You will not be at risk of losing your earnest money as long as you do not default on your contract. The amount will be credited towards the purchase price of the house at clo...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
Esperanza's GUIDE TO BUYING A HOME.. 07 GETTING TO THE FINISH LINE Step. 1 Your offer's accepted! Now it's time to get to work. Before we can close on the purchase of your new home, we need to take a few more steps to make sure the purchase is  sound decision. Step 1 Buy with Confidence Home Inspection As the buyer, you have the opportunity to hire a professional inspector to evaluate the condition fo the home. An inspection clause is included in the writtern contract given to the seller. The goal of a home inspection is to give you an objective, independent and comprehensive analysis of the physical condition of you potential new home and check for any safety issues that might otherwise be unknowable. A professional ispector will check on the structure, construction and mechanical syst...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
Esperanza's GUIDE TO BUYING A HOME..GETTING TO THE FINISH LINE..Step. 2 Property Survey Your lender will require that a legal land survey be completed of any property on which they issue a mortgage so that they can obtain a clear lender's title insurance policy. A surveyor will determine" .Whether the house is within the property borders .Whether there are any encroachments on the property by neighbors .The extent to which any easements on the property may affect legal title. The survey will also provide you as a new owner with invaluable information. The report will let you know exactly where the property lines are and will let you know if there are any building restrictions that could prevent you from adding new features to your home., like a new fence. The amount of detail provided i...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
Esperanza's GUIDE TO BUYING A HOME..GETTING TO THE FINISH LINE..Step 3 and 4 Step 3. Getting an appraisal Once you have determined that there are no defects on title and all inspections concerns have been resolved, it is time to order an appraisal. An appraisal is an estimate of the value of a property made by a qualified professional. The appraisal of your prospective home is as important as your credit history in obtaining a mortgage. After all, the property you are purchasing serves as the collateral for the loan. Although the primary goal of the appraisal is to justify the lender's investment, it also protects you from overpaying. Your lender will generally hire the appraiser and will charge you as the buyer a fee for the service. If the appraisal falls short of the amount you wish ...
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