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10 Mistakes Buyers Make When Buying A Home

10 Mistakes Buyers Make When Buying A Home

 

Buying and selling real estate are major events.  When buying a home emotions can run high and it’s important to hire a professional to guide you and point out the pitfalls. These are 10 of the biggest mistakes people make when buying real estate.

Mistakes buyers make when buying a home:

  1. Be  pre-qualified for your loan prior to viewing homes.
  2. Be sure to order the appraisal early.
  3. Be sure to read all disclosures thoroughly
  4. Make sure you read all of the terms of the contract.
  5. Look up the property taxes on a home prior to purchasing.
  6. Run the comps on a home before making an offer.
  7. Make sure you choose the right agent.
  8. Order a home inspection.
  9. Do not forget to conduct a final walk-through.
  10. Request a termite report in your offer.

10 mistakes buyers make when buying a homeThere are many other mistakes buyers can make when buying a home. But these are among the most common and an experienced agent can help guide you through this process and avoid potential pitfalls. Emotions run very high when buying or selling a home.    many buyers work full-time jobs and do not have the time to focus on every detail of their real estate transaction. Real estate professionals are accustomed to dealing with contracts disclosures, contingency timelines, home inspection reports, appraisals, natural hazards on disclosure reports, termite reports, lender pre qualification letters, property taxes and more. We look at these forms every day and we are very familiar with them.  We are better prepared to point out errors or  potential pitfalls a buyer may face.  This is why it is crucial to hire an experienced agent and work with someone who will help you avoid these mistakes. Please watch our video and call Jesse Madison at 949-306-8416 to help you achieve your real estate goals in Orange County, CA.

 

 

Santa Ana condo just listed $205,000 2 Bed

Santa Ana Condo just listed $205,000 2 Bed 1.5 Bath

2Bd/1.5Ba Condo HUD Owned!

$205,000

Year Built
1978
Sq Footage
875 sqft.
Bedrooms
2 Beds
Bathrooms
1.5 Baths
Floors
2
Parking
2 Covered
Laundry
In Unit
HOA/Maint
$280
Virtual Tour
youtu.be/ooG2tNxCDBk
Website
www.JesseMadison.com

Santa Ana condo

Description

Santa Ana Condo listed at $205,000. Quaint Santa Ana condo centrally located in a gated community with 2 parking spaces in covered underground parking area. This home has 2 upstairs bedrooms with full bathroom upstairs and Spacious living room with dining area and kitchen downstairs. Back patio area is very private and it also has inside laundry for added convenience. Half bathroom downstairs with additional storage area under stairs. Close to schools, parks, entertainment, Main Place Shopping mall, Colleges, Major freeways include 5, 55, 22 and 57, Museums, Saint Josephs Hospital, and close to desirable Floral Park Neighborhood. HUD Owned. FHA ok!

For more information on the city of Santa Ana see this link:

http://www.orangecounty.net/cities/santaana.html

Situated in the middle of Orange County along the Santa Ana River, the city of Santa Ana is both the most most populous city and the largest city in Orange County, covering 27.2 square miles. As of 2007, there were 327,780 people living in the city.

Named the county seat in 1889, Santa Ana is also known as thefinancial and governmental center of Orange County. It’s been in recent competition with its fast growing neighbor, the city of Irvine in regards to commercial growth.

Working over the years to revitalize its downtown area, Santa Ana now features The Santa Ana Artist’s Village which was created around Cal State Fullerton’s Grand Central Art Center. The village includes the Bowers Museum, the Old County Courthouse as well as several theaters and art galleries.

The downtown area also contains both retail and housing, as well as the Santa Ana Civic Center and the Ronald Reagan Federal Building and Courthouse. Several historic homes dating from the late 1800s can be found there as well making preservation a central issue as development of the downtown area continues.

 

 

San Clemente Home Listed at $795,000 | Talega

San Clemente Home for Sale Listed at $795,000. HUD Owned Home in Talega

Property Information | San Clemente Home for Sale
Address:

31 Calle Pelicano
San Clemente, CA, 92673
Orange County

Appraisal Date: 11/24/2013
Bed/Bath: 5/3.00
Total Rooms: 9
Square Feet: 2744
Year: 2000
Property Design:
Parking: Garage
HOA Fees: $0.00
Listing Information
List Date: 12/03/2013
Listing Period: Exclusive
Period Deadline: 12/17/2013 11:59:59 PM  CT
List Price: $795,000.00
As-Is Value: $0.00
FHA Financing: IN (Insured)
203K Eligible: Yes
Repair Escrow: $0.00
   
    Buyer selects Closing Agent/Firm.
San Clemente Home for Sale

San Clemente Home For Sale $795,000

Orange County Real Estate is our specialty and our team of quality agents can guide you through the process of finding the best San Clemente homes for sale.

Search our MLS database at www.Jesse.MadisonRealtyHomes.com for the San Clemente home for sale that is perfect for you! We offer Map View, Gallery view and photo view so that your Orange County Real Estate search is catered to your searching preference. Our team of expert OC Real Estate Agents are ready to show you the listings that you want to see whenever you are ready. We also offer a variety of lender options so that you can obtain financing when you are ready to move forward with your Orange County Real Estate home search.

For more information on the city of San Clemente visit http://san-clemente.org

Madison Realty has been opening doors to Orange County living since 2002. We have agents that specialize in all types of Real Estate transactions to include:

  • First Time home buyers
  • FHA and HUD-owned Homes
  • FHA 203k Rehabilitation home purchases
  • Traditional Sales
  • Short Sales and REO homes ( SFR and CDPE designations)
  • Seniors Real Estate Specialist. We also have the SRES designation and help provide Aging in Place Solutions for the mature homebuyers in Orange County.
  • 1031 Exchange Sales and Purchases

We look forward to serving your needs and exceeding your expectations.

Jesse Madison
cell 949-306-8416
CA DRE# 01896316

Santa Ana HUD Home SFR Listed at $365,000

Santa Ana HUD Home SFR Listed at $365,000

1513 N Linwood Avenue, Santa Ana, CA, 92701

HUD HOME!

Santa Ana HUD Home

This Santa Ana HUD Home offers a nice sized lot with Detached Garage. Wood flooring, Fireplace in Living Room. This HUD owned home is available for only owner occupants at this time but wil be available for FHA financing. with a repair escrow to address some minor repair issues. It is also available for FHA 203K, Conventional financing or cash purchases. Don’t miss out on this great HUD Home.

Santa Ana HUD Home

 

 

 

 

 

You can learn more about the HUD Selling process at www.HUDHomeStore.com

Or watch our Video here

Record Low interest Rates! Save Thousands – See How

With record low interest rates…now is the time to buy!

Do not wait too long to buy a home as right now there are record low interest rates. you can save thousands on your payments over the course of the year.

See how in the chart below:

Record low interest rates not only will help you on purchasing a new home. But if you refinance your existing loan you can also have substantial savings on your mortgage payments. You can save thousands of dollars!

If you need help taking advantage of Record low interest rates and you would like to purchase a home in Orange County please call us right away at 949-306-8416!

Dontwaittobuy_carrie.edits_1.9.13

 

This graph shows the payments on a 30 year mortgage but you can also obtain a 15 year mortgage and save even more with just a slightly higher monthly payment. Buyers that can afford to should consider converting their 30 year mortgage to a 15 year mortgage so that they can save substantially during the life of the loan. Call Jesse today to find out just how much you can save by switching to a 15 year mortgage when you buy a home.

Search for Homes FREE Orange County Home Search Here!

2 Bedroom Condo in Lake Forest $140,000 See Video!

Bidding on this home will end in just 2 days.
HUD Owned home and FHA approved

23214 Orange Ave Apt 5, Lake Forest, CA

Perfect Starter home in Aliso Creek Villas with 2 Beds 1 Bath and convenient, private front and back patios. Light and Bright kitchen, Laminate wood flooring in living area and on site laundry and storage area off of Front Patio. Located across from greenbelt and short walk to the Association pool. Close to schools, shopping centers, churches and freeways. This is a HUD Owned home and FHA approved.

2BR/1BA Condo offered at $140,000
Year Built 1980
Sq Footage 833
Bedrooms 2
Bathrooms 1 full, 0 partial
Floors Unspecified
Parking 1 Covered spaces
Lot Size Unspecified
HOA/Maint $270 per month

Just Listed! 2 Bed 1 Bath Condo in Lake Forest $140,000 HUD Owned!

HUD Owned home and FHA approved

23214 Orange Ave Apt 5, Lake Forest, CA

Perfect Starter home in Aliso Creek Villas with 2 Beds 1 Bath and convenient, private front and back patios. Light and Bright kitchen, Laminate wood flooring in living area and on site laundry and storage area off of Front Patio. Located across from greenbelt and short walk to the Association pool. Close to schools, shopping centers, churches and freeways. This is a HUD Owned home and FHA approved.

HUD owned Lake Forest

2BR/1BA Condo offered at $140,000
Year Built 1980
Sq Footage 833
Bedrooms 2
Bathrooms 1 full, 0 partial
Floors Unspecified
Parking 1 Covered spaces
Lot Size Unspecified
HOA/Maint $270 per month

 

Just Listed! $185,000 2 Bed 1.5 Bath Tustin Condo HUD Owned! FHA Approved! See video…

13662 Red Hill Ave #D
Tustin, CA 92780
Tustin 2 Bedroom Condo

Just Listed! $185k

HUD Owned! FHA Approved 2 bedroom Condo!

Enjoy this comfortable 2 Bed 1.5 Bath 2 level condo in Tustin Villas. Located in the back of the gated complex this home offers laminate wood flooring in the living room and a spacious kitchen that opens to the dining area. Upstairs you will find 2 large spacious bedrooms with a full bathroom with double sinks upstairs. Back patio offers extra storage closets and a 1 car garage. Enjoy the large greenbelt in front of the unit and the association pool just a short walk away. This home is HUD owned and FHA approved with a repair escrow.

 

2BR/1+1BA Condo offered at $185,000
Year Built 1964
Sq Footage 1,005
Bedrooms 2
Bathrooms 1 full, 1 partial
Floors 2
Parking 1 Car garage
Lot Size Unspecified
HOA/Maint $241 per month

Contact Jesse at jmadison.realtor@gmail.com for more info on this new listing!

Reduced! $624,900 Spacious 3 Bed 2.5 Bath 3200+SF in Capo Beach

34462 Calle Portola

DANA POINT, CA

Huge Bedrooms and Spacious floorplan!

Enjoy this terrific spacious home in highly desirable Capo Beach. Located steps from the park and very short distance to the beach, this home boasts 3 huge bedrooms upstairs with a large den downstairs complete with fireplace and built ins. New carpet and new paint throughout the home. Large Spacious bathrooms as well. Enjoy a spacious master suite with Jacuzzi tub and Steam Shower. His and Hers sinks with tons of counter space and high ceilings. The master bedroom also has a Fireplace and an abundance of space tou suit your needs. Separate family room and living room, Formal dining room, French doors that open to the backyard landscaped with grass. Side walkway adorned with a beautiful Slate Rock wall that stretches the whole length of the lot. Front patio features a spacious deck area and Double Door entry. Excellent turnkey spacious home in desirable Capo Beach!

Dana Point 3 Bed 2.5 Bath

Dana Point 3 Bed 2.5 Bath

3BR/2+1BA Single Family House offered at $624,900
Year Built 1991
Sq Footage 3,253
Bedrooms 3
Bathrooms 2 full, 1 partial
Floors Unspecified
Parking 2 Car garage
Lot Size 4,356 sqft
HOA/Maint $0 per month

Find out if you qualify for a Bank of America Short Sale! Eligibility review in 5 days! Relocation Assistance $$$ offered!

Do you have a Bank of America mortgage that is upside down? We are here to help. There is a quick and easy solution.

When you list your home with me for a B of A Short Sale I can submit your file to receive an Eligibility Review Decision within 5 Business days!

This Short Sale process for Bank of America is NEW and IMPROVED!

Enjoy these great benefits when you list with us:

•         Higher close rates

•         Valuation review and other qualification factors to avoid surprises

•         Faster closings

•         Technology that provides real-time access to the progress of each file

•         Proactive communication with a dedicated Account team

•         Better outcomes for eligible homeowners

 

Also, Sellers enjoy a Relocation Incentive of at least $2500 and Deficiency Forgiveness.

 

Bank of America Short Sales

Bank of America Short Sales

Call Jesse today at 949-306-8416 and we can explain how easy it is to get started on your B of A Short Sale!

We specialize in COOP Short Sales and HAFA Short Sales.

We make the process clean and simple…so that you can get on with your life.