All About Money
What is an interest rate buy down?
When I was in the mortgage banking business years ago, I briefly worked in the joint venture department. The bank would partner with builders in housing tracts or condominiums. Rates had escalated, and the profit potential diminished. As an inc...
Rising Interest Rates and their impact on the Los Angeles Real Estate Market
Let's take a look at rising interest rates and their impact on the Los Angeles Real Estate Market. We will assume a $1,000,000 purchase price with a 20% down payment of $200,000. Interest Rate: 3% Mortgage Payment: $3,373 LA Coun...
Leaving So Cal Moving to Boise
Leaving So Cal and moving to Boise: It's not a surprise to learn many So Cal residents are leaving the state. They are moving to a variety of destinations. Recently, we had a client sell her Shadow Hills equestrian home and move to Boise. She w...
Are Rising Interest Rates Impacting Los Angeles Real Estate?
The federal funds rate is the target interest rate set by the Federal Open Market Committee. This is the interest rate at which the Fed suggests commercial banks borrow and lend their excess reserves to each other overnight. Just over tw...
How to prepare for real estate photos?
It’s picture day! Your most important showing is today, and this is where you should put the most effort. First impressions count. How do you prepare for real estate photos? The Basics: Ideally, the home should be clean, with the yard, ...
Why don’t buyers make offers on overpriced homes?
Buyers typically begin their home search online. So, why don't buyers make offers on overpriced homes? When searching online they often use their budget as search parameters. Many times, pricing a home above their budget will cause them t...
Preparing Your Front Yard to Sell
Preparing your front yard to sell is certainly simpler than preparing your home to sell. The first thing you should do is consult with your Realtor for their suggestions. Usually the first recommendation I make is for the gardener to t...
Five Ways Harb & Co. Will Get your Home Market Ready
There are many ways Harb & Co. will help you get your home market ready. Selling your house for top dollar is easier than you think. Before you start making any changes, it’s best to speak with a real estate agent. You don’t want to sp...
