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How Long Does It Take To Sell A Home?

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One of the most frustrating parts of selling your home is the waiting. You have to wait for offers to come in, for documents to be signed, inspections to be done, and then more waiting until you actually receive any sales proceeds.

So how long does it take to sell your home from start to finish?

The truth is, no one can tell you that upfront. The sales process will look different for each transaction, and you’ll be depending on a whole slew of people to hold up their end of the bargain.

However, you can estimate an average length of time it will take to sell your home based on the factors that will most influence it.

What does the market look like? If you’re selling property in Orange County, you’ll find that the market is to your benefit – 2018 started with the smallest inventory of homes for sale in the last five years.

What is the surrounding economy like? If you live in Irvine, does the price of your home stand up to comparable others around it? You need buyers available in the area, so if you list your property too high, it may end up sitting longer.

What are recent sales like? Look at those comps and see what similar houses are selling for and how your home looks compared to those.

How desirable is the area? If you are steps from the water, you’ll probably have people knocking down your door to make an offer on your home. But if you’re in an area that is changing or is considered less-desirable, you may not see as much activity.

How proven is your real estate agent? Has your seller’s agent been working in the area for years? If they’re just starting out, they may give you plenty of attention, but it may also take them longer to sell your home.

How flexible are you in negotiations? When someone makes an offer, your agent needs to go to their agent to discuss negotiations, and their agent will ultimately bring that back to the buyers. Meanwhile, you’re the one who waits. Decide on what you’d be willing to give up to make the sale happen.

Source

www.ocregister.com/2018/01/04/no-end-in-sight-housing-market-still-has-legs-economists-say/

 

 

About US

Redlands California Homes for sale is run by Results Group. Jessica, Alan and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general  in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

 

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Millennials: How To Get Your First Mortgage In California

new houses for sale in redlands ca

Getting your first mortgage is intimidating – how do you know if you’re getting good terms, and what do you need to do to qualify for financing for your new home?

As millennials age – the oldest ones are now in their mid to late thirties – more and more are looking for funds for their first homes. But as a millennial, you probably haven’t seen the mortgage process before, so what do you need to do to prepare?

These tips will help you find the right mortgage and make sure that you step into your potential lender’s office informed and ready-to-go.

Consider the Usefulness of Technology

With digital technology, it has become more accessible than ever to find and get approved for a loan in minutes. While that may sound appealing, by skipping local California lenders you’re losing out on the knowledge and local resources they have, as well as in-person support.

Determine Whether you Qualify for Special Loan Types

A huge deciding factor when it comes to buying a house is the price. Given that your down payment will be 20% of that amount when you get a conventional mortgage, you could be looking at more cost than your savings allow. Instead, consider looking into FHA loans, which are designed to help first-time buyers by offering down payments as low as 3.5%. If you are a veteran, you can look towards VA loans that come with no down payment.

Remember the Debt you Already Hold

One of the first things lenders will consider is your finances. No lender wants to offer a mortgage to a borrower that already holds significant debt – not only are there concerns about on-time payments, but that lender might be last in line when it comes to recouping their losses should you default. If you have substantial student loan or credit card debt, you may want to wait to pay that off before trying to take on more.

 

About US

Redlands California Homes for sale is run by Results Group. Jessica, Alan and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general  in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

 

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Boosting Your Orange County Home’s Curb Appeal: Is It Worth The Money?

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When driving down any given residential street, you’re bound to encounter three types of properties: the disheveled and unmaintained home, the simple yard and modest home, and the meticulously landscaped stunner that you can’t help but gawk at as you drive by.

Your home’s curb appeal can be enhanced through changes to landscaping, a simple coat of paint, or with new doors and windows. When you’re selling a house, these changes are what will make potential buyers stop for more information.

But overhauling the front of your home won’t always come cheap, and if you’re not selling any time soon, you may not see a return on your investment. So is it worth it to improve your Orange County home’s curb appeal?

When To Dress It Up

If you’re planning on, or even thinking about, selling your home in the next five years, investing in improving your home’s exterior will help increase your home’s value. If your home’s paint is peeling, fixing it now will be useful both for when it comes time to sell, but also to maintain your property in the short term.

Landscaping can boost your home’s value by close to 30%, so wow your buyers when they first drive up to your property with some new greenery and healthy trees.

When You Can Leave It Alone

If you aren’t thinking about selling and your home isn’t in need of repair, any investments you make to improve the exterior of your property are purely for you. However, if you don’t sell your house for another 20 years, you won’t have recouped any of that investment in exterior paint jobs or other non-essential needs.

However, when it comes to landscaping, you can be strategic in your curb appeal investments over time. Buyers won’t be as impressed by newly-planted young trees as they will be by those that have been growing for decades, and it can take time for hedges to develop to their ideal height. Starting that process now can pay off in the long run.

About US

Redlands California Homes for sale is run by Results Group. Jessica, Alan and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general  in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

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Just How Much Is Your Orange County Home Worth?

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If you’re considering selling your Orange County home, now is a good time to start getting serious. In their August 2018 report, California Association of Realtors (CAR) found that the median sales price of existing single-family homes in Orange County is a whopping $838,500. A CoreLogic August report found that 16 zip codes in the Orange County area had median home prices over $1 million.

As always, the actual price your home lists for and sells for may be different and can depend on improvements you may have made to the home, the property’s location, and the house’s current condition.

To use current listings as an example, let’s say you live in a 3-bedroom home in Irvine that is around 1,700 square feet. It’s a stand-alone single-family property, which you know gives it some added value. However, your house is now 25+ years old, and you haven’t done any major renovations in all the years you’ve lived there.

Comparable properties in the area include a brand new detached townhouse with over 2,000 square feet in a modern gated development. It has all the latest technological advances, such as smart-home features, and a brand-new fully equipped kitchen. The price tag on that property is $1,195,473 – over the median for the area.

There’s also an upgraded 1,500 square feet single-family home from 1974 on an end unit lot with custom closets and fixtures, attached garage, and a sprawling back patio. In the community, you have access to a pool, spa, and play areas for children. This property is listed at $828,000, just under the median for the city.

Finally, there’s a 1,645 square foot single family home built in 1982. There is an attached garage and it has 2.5 bathrooms, but the house, like yours, hasn’t had any real substantial renovation work. The listing price on that property is $748,888, nearly $100,000 less than the area’s median.

This exercise can be useful in estimating how much your property is worth, but you’re best off leaving actual pricing decisions to your listing agent. They will know your area and related sales activity and can advise you on the right price to ask.

 

About US

Redlands California Homes for sale is run by Results Group. Jessica, Alan and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general  in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

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Looking For Luxury? Check Out These Redlands Properties Under $1,000,000

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Real estate in southern California doesn’t always come at an accessible cost – with a median home price of $615,000 in Los Angeles, most homeowners may not feel like they can afford true luxury.

But an hour away from Los Angeles is Redlands, CA, where a balance of modern and history can be found in the local real estate stock. And for under $1,000,000, homeowners can find luxury without the overbearing price tag. Whether you’re looking for a bigger lot and a pool, or cathedral ceilings with custom built-ins, these current listings in Redlands have both high-end sophistication and affordable prices.

1446 Sterling Road

Redlands, CA 92373

$999,000

Beds: 4

Baths: 3 full, 2 half

Square footage: 3,979

Lot size: 0.84 acre

Pool?: Yes

Garage?: 3 car

Year built: 1989

Special Amenities: Tennis court, Cul-de-sac location, views

1478 W Cypress Avenue

Redlands, CA 92373

$995,990

Beds: 5

Baths: 3 full, 1 half

Square footage: 4,454

Lot size: 1.75 acre

Pool?: No

Garage?: 2 car

Year built: 1909

Special Amenities: Historic property, modern upgrades

880 W Sunset Drive

Redlands, CA 92373

$985,000

Beds: 5

Baths: 4 full, 1 half

Square footage: 4,833

Lot size: 0.33 acre

Pool?: No

Garage?: 3 car

Year Built: 1995

Special Amenities: Views, cathedral ceilings

12934 Club Drive

Redlands, CA 92373

$869,000

Beds: 4

Baths: 3

Square footage: 3,605

Lot size: 0.819 acre

Pool?: Yes

Garage?: 4 car, RV parking and hookup

Year Built: 1986

Special Amenities: Brand new wood flooring, four fireplaces, views

527 Golden West Drive

Redlands, CA 92373

$799,900

Beds: 4

Baths: 3

Square footage: 3,105

Lot size: 0.29 acre

Pool?: Yes

Garage?: 4 car

Year built: 1998

Special Amenities: Views, garden with fruit trees and grapes

 

 

About US

Redlands California Homes for sale is run by Results Group. Jessica, Alan and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general  in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

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5 Luxury Home Listings in Redlands, CA You Have To See

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A peaceful life outside of the metropolitan area has brought plenty of new residents to Redlands, CA, where the housing stock ranges from affordable starter homes to farms with acreage.

And one thing that Redlands isn’t lacking in is luxury estates.

If you’re in the market for a luxury home, these five current listings in Redlands for properties over $1,000,000 have the right sophistication for any discerning buyer.

1780 6th Avenue

Redlands, CA 92374

$5,688,000

At just under 7,000 square feet, this 4 bedroom home features several patio areas with a pool, tennis court, and horse facilities on a nearly 9-acre lot. With high-end finishes throughout, it’s a property for someone who wants it all.

1700 Country Club Drive

Redlands, CA 92373

$4,200,000

On over an acre of land, this expansive home has 7-bedrooms and totals out at over 10,500 feet. Huge bedrooms, high ceilings, and hand-made fixtures create the right balance of luxury and coziness.

1688 Dwight Street

Redlands, CA 92373

$1,989,000

This nearly 9,000 square foot home was built in 1911 and completely redone in 2008 with top of the line finishes in nearly every inch. Includes a spa and pool and multiple outdoor water features and social areas on a two-acre lot.

1324 Prospect Drive

Redlands, CA 92373

$1,750,000

Nothing says Redlands luxury like this 5-bedroom home. Built in 1957, it combines retro style with modern conveniences and is ideal for entertaining, including a pool, mature landscaping, and plenty of indoor and outdoor space.

552 Cajon Street

Redlands, CA 92373

$1,179,000

Historic home aficionados will appreciate this 4,400-square foot home built in 1901. This award-winning home features 4-bedrooms with a 900-sf duplex in the rear, perfect for family members or as an income-producer.

 

 

About US

Redlands California Homes for sale is run by Results Group. Jessica, Alan and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general  in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

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What Is Private Mortgage Insurance And How Can You Avoid It?

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If you think the cost of buying a home is merely paying the agreed-upon price, you’re wrong. In fact, there are numerous additional fees and expenses that you’ll be responsible for, typically on the day of the closing.

But if you’re looking to avoid some of these additional fees, one of the biggest ones is private mortgage insurance (PMI). You’re required to take out insurance on your conventional loan, typically if you’ve made a down payment under 20%, and you’ll need to pay the premium each year. PMI ensures that your lender is protected in the case that you stop paying your home loan.

You won’t have to go out and find a PMI issuer or pay an insurance company directly. Your local California mortgage lender will have options for insurance for you to choose from, and your monthly premium can be added directly onto your mortgage payments. You’ll be given an estimate of the cost of PMI on your Loan Estimate and Closing Disclosure forms.

But what if you’d like to avoid paying for PMI altogether?

One option is to make a down payment of over 20%. If you can save money, find gift money, or have another way of accessing cash, make the larger down payment and avoid the cost of insurance.

Another way to avoid PMI is to get an FHA loan. While these loans offer lower down payment options, you will have to pay for an insurance premium – but this time it goes to the government, the backers of your loan, and is factored into your total loan cost.

It’s also important to keep in mind that you may not have to pay PMI once you accumulate a certain amount of equity in your property. If you’ve been in your California home for decades, you may be off-the-hook for these payments. Make sure you know when and if this is an option according to your lender’s terms.

 

 

About US

Redlands California Homes for sale is run by Results Group. Jessica, Alan and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general  in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

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What You Need To Know About Dealing With A Homeowner’s Association In Orange County

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If you’re shopping for a home in Orange County, there’s a good chance you find yourself in an area with a Homeowner’s Association (HOA).

Essentially, an HOA is the governing body for a local residential area – whether that includes one building or 100. The HOA will be responsible for making and enforcing rules on everything from exterior paint colors to what you can keep on your front lawn.

An HOA helps protect the feel of a community and is designed to make life pleasant for all residents.

But – your local HOA isn’t free. To keep it up and running, residents contribute fees that typically range between $200 and $400 a month, and this cost is often mandatory if you want to live in a specific area. This money goes towards improving your community with things like:

  • Outdoor shared spaces
  • Playgrounds and recreation areas
  • Street signs
  • Trash receptacles
  • Lighting

There are plenty of additional perks to living within an HOA community, primarily that you’ll get to know your neighbors and the people around you. With public input into changes and guidelines and common areas that are meant to be enjoyed by everyone, you’ll find you live in a tighter community where you know who is around you. An HOA can help take care of eyesores that pop up without you needing to confront a neighbor, and homes in HOA communities tend to hold their value.

But as you may imagine, the downsides of a regulated, close-knit community can mean sacrificing individuality, such as painting your house a particular color. Some areas may even restrict the use of holiday decorations, and others may require you to receive permission before renting out your home. Architectural plans and designs may need to be approved by your HOA before you can proceed.

Before you decide on an HOA, ask questions about the management style and practices, whether decisions are made with the community or by a third party, and think about whether the additional cost will increase your happiness with your home.

About US

Redlands California Homes for sale is run by Results Group. Jessica, Alan and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general  in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

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6 Things To Consider When Starting Your Search For A Vintage Luxury Home

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Are you ready to upgrade from your home to something more spacious and sophisticated, with a rich history?

Looking for a vintage luxury home can be a different experience than looking for a newer home. First of all, you’ll find prices to be higher, but you’ll also have more decisions to make before and during the process as to the care, renovation, and modernization of your new home.

Some of the key factors to think about when starting your home for a luxury vintage property include:

  1. Space (interior and exterior): If you want a sprawling backyard, you won’t want to look at older properties in more established and developed neighborhoods. And if you’re concerned about space to spread out inside you’ll want to find a home with the square footage you need.
  2. Age: Do you want a home from a specific design time period? Remember, the older the home, the harder, and more expensive, it may be to upgrade to newer systems.
  3. Historic Significance: A luxury historic home will likely have been noticed before you came around. Did someone write about the home, or did it win an award? It may also have been designed by a notable architect, giving it cultural relevance as an artifact, as well as the place you live.
  4. Previous Restorations: What work has been done on the house, and was it of a high enough quality? Did previous owners remove original details or restore them?
  5. Maintenance and Upkeep: Your property will need caring for while you own it, so you’ll want to make sure you find the right people to help. For things like special woodwork or unique tile, you want to have resources ready to fix anything that needs it.
  6. Price: You’ll pay more for a luxury vintage home, but you’ll be purchasing a part of history. Figure out what premium you’re willing to pay for a one-of-a-kind home.

About US

Redlands California Homes for sale is run by Results Group. Jessica, Alan and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general  in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

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What Makes a Home “Luxury”?

redlands houses for sale

What’s the first word that comes to mind when you think of the phrase “luxury home?” For most people, that word is probably expensive.

From gilded celebrity mansions to sprawling country estates, you may have your own idea of luxury (and what it costs), but you may not realize that a luxury home is also within your reach. Essentially, a luxury home is one that is full of all the comforts meant to improve life – and that can come at almost every price point.

Take this $679,000 four bedroom in Redlands, CA. With a pool, manicured outdoor space, and over 3,000 square feet, this property contains every smart home upgrade you could want, all at a price tag well under $1,000,000.

Size is often considered to be synonymous with luxury – after all, what calls to mind comfort more than the idea of space. But think about size and you’re likely to think about the price. This four bedroom, four and a half bath Redlands, CA home is over 4,000 square feet on a lot that’s over an acre in size. You won’t have to compromise on indoor or outdoor space, and all at a price of $924,900.

A luxury home also typically has curb appeal, or that “wow” factor that impresses anyone that arrives or drives by. But it’s not only the size that makes a house look sophisticated from the outside. At over 5,000 square feet, it’s this home’s unique design that makes it look like a castle as much as it is the indoor space. With a stunning backyard and landscaping throughout, every time you approach you’ll feel like royalty, and the price tag comes in well under $1,500,000.

Luxury will ultimately be what you make of it, so don’t get caught up in features that you can change or personalize to your tastes. Instead, focus on finding the right home that fits your needs and every day can feel luxurious.

 

About US

Redlands California Homes for sale is run by Results Group. Jessica, Alan and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general  in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.