Avoid These Two Big Mortgage Mistakes

We all know that searching for and viewing potential homes is the fun part of the home-buying process. The not-so-fun part? The mortgage.

But if you don’t pay attention to the details, your mortgage can end up dragging down the enjoyment of your new home and cause some major regrets. Here are a few mistakes to avoid to ensure that you love your mortgage terms as much as your hew home. Continue reading

Hidden Homeowner Costs

Budgeting for buying a home can be difficult enough when you’re just weighing mortgage options and a purchase price. But there are many other factors that go into the cost of home ownership. Some of them are one-time expenses that you’ll pay during the home buying process, while others will be recurring costs for as long as you own the home. Continue reading

what does a title company do santa cruz real estate

What Does A Title Company Do?

When you purchase a home, a title company will research the property to ensure that you are the rightful owner. They’ll look through records for anything that might cause problems—ownership disputes, restrictions, unpaid taxes, liens, and more. Their goal is to document the chain of title and identify any issues that could become major problems down the road. Continue reading

Options For Navigating A Move To A Nicer Home

Do you need more room for your growing family, or do you prefer to upgrade to a new home rather than renovate your current one? Whether it’s due to financial changes, neighborhood developments or something else entirely, moving can be both exciting and stressful, particularly when it comes to determining your buy/sell strategy. Here are a few options homeowners often choose from when they’re moving up. Continue reading

Choo Choo Choosing To Live Near A Railroad

Proximity to transportation can have both positive and negative impacts on home values. In Santa Cruz County the railroad line is a feature not many residents think much of unless they live nearby or enjoy walking along it to stretch their legs or get around town.

For those who do live near the rail corridor or are thinking of purchasing a home nearby there is much to consider.   Continue reading

leased solar panels santa cruz real estate

Buying A Home With A Leased Solar System

If there is a leased solar system on a home that you are considering buying, there are several things you should consider.

Ask for a copy of the lease paperwork and the current homeowner’s utility bills. You should compare the lease payment versus the savings expected. Let’s say the departing homeowner had a large number of people living in the home, so they opted for a large system, which means a large lease payment. This made sense for them because of their large electric bill. But if a single person is considering buying that home, that lease payment may be more than their electric bill would ever be. If so, and if the solar company won’t agree to down-size their system, this could be a deal-killer for that buyer. Continue reading