by Hans Badillo | Jan 21, 2020 | Sellers
Simply put, home equity is the share of the homeowner in the home’s value. It can increase with time and in certain circumstances decrease too. To define it better, we can say that home equity is that portion of the property’s value that you actually “own.” When we...
by Hans Badillo | Dec 20, 2019 | Buyers, Sellers
Freddie Mac recently published a report regarding the benefits of being a homeowner. The report states that there are five major benefits to it and that everyone should consider them. It helps you build a fortune over time.Stable monthly payments.Tax benefits.You...
by Hans Badillo | Dec 3, 2019 | Buyers
A credit score is a number that allows lenders to judge the ability of people to repay their loans. Lenders also use the score to determine if the credit limit should be raised in an existing account or even to decide what interest rate should be charged on a new...
by Hans Badillo | Nov 16, 2019 | Sellers
Selling a house in South Bay can be an exercise that might require a lot of patience. But being too patient can be a sort of a bad omen too. As a seller, the last thing you want is to end an expired listing after wasting time and money for months. Often, realtors try...
by Hans Badillo | Oct 31, 2019 | Buyers, Sellers
People, when buying a home in South Bay, get puzzled when they hear about security deposits. This is partly because security deposits are used for at least two distinct elements in a real estate transaction. Simply put, an escrow account means that a neutral party...
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