So when the world economy shudders and lurches on the news of “the un-thinkable” –Brittian leaving the EU– the smart money runs for the relative safety of “bonds”. Bad news=great interest rates! This is getting seriously low. Look at these absolutely delicious rates!
Toni Espositi of Old Republic Exchange Company (OREXCO) joins us on the Real Estate Hour Sunday June 5th 9-10AM pst., 1350AM, 103.5FM, and streaming live with Podcast immediately following the show at KSRO.com.
Regional Sales Office – California ‒ Northern
& Pacific Northwest – Ms. Toni Esposti, CES®
Allison and I always state the first step for a prospective home owner is to get qualified for a loan! We recommend many great lenders on our weekly radio talk show. Here are rates from friend Otto Kobler of Summit Funding. Up just a tick. But spectacular nevertheless!
Mortgage Rates for May 27, 2016
FIXED AND ARM CONVENTIONAL PROGRAMS
30 Year Fixed Conventional
15 Year Fixed Conventional
5/1 LIBOR ARM Conventional
7/1 LIBOR ARM Conventional
JUMBO PROGRAMS ($417k +)
30 Year Fixed
15 Year Fixed
5/1 LIBOR ARM
7/1 LIBOR ARM
FHA/VA FIXED PROGRAMS
30 Year FHA/VA
15 Year FHA/VA
Assumptions include: 1% origination point and 0% discount fee, 20% down payment (Conforming), 25% down payment (Jumbo), Escrows required (if not escrows, higher fees may apply), purchase transactions on primary residence, 30 day closing, debt to income ratio <=40%, full documentation of income/assets. Conforming rates based on loan amounts greater than $200,000. Minimum Fico 740 Conventional – 640 FHA/VA. Other Programs, Loan Amounts, Credit Score and Down Payments are available. Call for details!
Attorney Roy Johnston joins Allison again to discuss an interesting, and slightly frightening (because it’s way too easy) way to take title to a property in California; The Revocable Transfer on Death Deed. Roy will explain the good and the bad.
Additional topics to include, the Probate process for the sale of real estate, and how to avoid probate all together. There are several different types of probate sales; Those with no court confirmation required, and those with court confirmation, and then there’s the somewhat confusing over bid process.
Johnston | Thomas Attorneys at Law
1400 N. Dutton Avenue, Suite 21
Santa Rosa, CA 95401 Phone: 707.545. 6542 email@example.com
Here in the “Wine Country” of Sonoma County, California–home availability is very tight and our price brackets for homes do NOT reflect very well for affordability when compared to the overall nation. See the graph below.
Yes, there are places in the nation where homes/condos are readily available for UNDER $100,000. And you’d be very surprised how much home you can get up to $250,000. In Sonoma County it is slim to none and slim just left town. Our big price point is $500,000 to $750,000 followed by the next highest price bracket. The age old question of affordability–where do all the service folks, teachers, police officers, fireman, find a home without breaking the monthly budget? Tis the question!
Our Sunday, 9 to 10am pst, Real Estate Talk Show is her on “terrestrial” radio 1350AM KSRO and 103.5, also streaming live at www.KSRO.com and NOW broadcasting live Video via “Periscope” which is a mobile app for your Iphone, Ipad or Droid ONLY. So you can listen and now SEE us do the show. Kinda fun! Always great information on the latest and the greatest in the Bay Area Real Estate Market.
We are delighted to have back on our show , Marilyn Barnes of Senior Helpers. This Sunday, February 21st.
About Marilyn Barnes / Senior Helpers North Bay: Non medical in home care. Providing full service with flexible hours to give our clients and families peace of mind. We specialize in Dementia care. We do specialized companions for weddings, graduations & travel.
You can contact Marilyn when You need a trusted referral Need an introduction for a good service provider? Ask Marilyn! She has collected a network of business providers that she knows and can confidently recommend and introduce. For referrals Marilyn uses The Sonoma County Executive Association as should you! Do you know someone that might need her services? Referrals and introductions to new customers are the cornerstone of her business. Contact Marilyn when you need a quality referral or introduction, or when you know someone that might need or benefit from her services. Here is her contact information.
This stunning traditional home is back on the market and OPEN this Sunday–All reports NOW on file! 4 bedrooms and 3 FULL baths the home has 3 bedrooms upstairs and one bedroom down wit adjacent full bath and exterior door–perfect “Multi-generational” living or for guests who savor their privacy. Kitchen new flooring in a rich brown with matching entry statement. Home is over 2100 sqft and has enormous living room with adjoining Dining area big enough for your Grandma’s sideboard, hutch and dining table and chairs. A big sectional would be swallowed up in the living room. Kitchen has newer appliances, flooring and is adjoins the family room with fireplace. Breakfast bar serves your hurried mornings or quick lunches. Yard has gate for ez acess and patio for al fresco dining. Priced to sell at: $560,000. Join Allison THIS Sunday, February 21st from 1 to 4pm.
We are always pleased to have good friend of the show, Otto Kobler of Summit Funding, joining us to discuss all facets of lending and especially the new disclosures called TRID. Call-in today between kisses for your honey, 707-636-1350.