Porque los “short-sales” estan resurgiendo?

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Haciendo un análisis del mercado basado en observaciones propias, he llegado a la conclusión que hay una ola de nuevos “short-sales”, esto es debido a que en años pasados en la desesperación de dueños de casa para tener un pago más bajo o/y para salvar sus casas de estar la deuda más alta que el valor de la casa, los bancos hicieron diferentes tipos de modificaciones, una de ellas es un “balloon payment” que es aumentado al final del préstamo, me explico: si le hicieron una modificación bajo la promesa de bajarle por ejemplo $100,000 este dinero que aparentemente fue bajado de la deuda resulta que fue aumentado  al final del préstamo lo cual quiere decir que si Usted termina de pagar la casa después del término acordado sea 15, 20 o 30 años, al final aun debera los $100,000 que fueron agregados como “balloon payment”.   Yo se que esto suena complicado, pero para todas las personas q hicieron modificaciones, la mejor manera de asegurarse si ese no es el caso suyo es consultar con un profesional, y para eso estamos a la orden, evaluación del precio de su casa gratis y asegurarnos que los papeles que firmó durante la modificación no existan esta cláusula.

Solo tiene que llamarme para una cita

Atentamente

 

Marcelo Parada

(703)798-8034

 

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Ya casi es Primavera….tiempo de comprar y vender

FEBRERO 2019 (BUEN TIEMPO Y BUENAS OPORTUNIDADES)

Si la economía la bolsa de valores y el desempleo está en números que no se han visto en décadas, porque el mercado se está deteniendo, debería ser el efecto contrario con todos los nuevos compradores como los millennials porque entonces está ocurriendo que en algunas áreas precios de las propiedades están bajando….bueno no es tan simple de explicar pero aqui va…..mucho tiene que ver el clima invernal que ya casi ha pasado y nos viene una mejor estación para la primavera

Era ya tiempo que exista una corrección de mercado y para eso lo que el sistema económico have es comenzar a elevar los intereses para poder detener la crecida de los precios desenfrenada, lo vimos en Septiembre que el fondo Federal elevó los intereses por .25% y de acuerdo a las predicciones elevará otro .25% este Diciembre, eso produce un efecto que pese a que los intereses están más altos se convierte un mercado de comprador por que hay mas  propiedades que compradores y eso hace que los compradores pueden ahora tener mas casas para escoger y a la vez tener mejor posibilidades de pedir costos de cierre, especialmente los compradores que están en programas de baja cuota inicial que son la mayoría de nuestra comunidad latina, lo que Usted comprador necesita es buen asesoramiento y representación, y ahí es donde entro Yo y mis 16 años de experiencia tanto en el lado financiero como en el lado de agente de bienes y raices, asi que es simple llamame para poder empezar el procedimiento de la manera correcta

Gracias mil por la confianza y poder representarlos

Marcelo Parada, Realtor en VA y MD

703-798-8034 o a mi asistente 703-835-2023

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Para compradores Febrero 2019 (buen tiempo y buenas oportunidades)

Si la economía la bolsa de valores y el desempleo está en números que no se han visto en décadas, porque el mercado se está deteniendo, debería ser el efecto contrario con todos los nuevos compradores como los millennials porque entonces está ocurriendo que en algunas áreas precios de las propiedades están bajando….bueno no es tan simple de explicar pero aqui va…..

Era ya tiempo que exista una corrección de mercado y para eso lo que el sistema económico have es comenzar a elevar los intereses para poder detener la crecida de los precios desenfrenada, lo vimos en Septiembre que el fondo Federal elevó los intereses por .25% y de acuerdo a las predicciones elevará otro .25% este Diciembre, eso produce un efecto que pese a que los intereses están más altos se convierte un mercado de comprador por que hay mas  propiedades que compradores y eso hace que los compradores pueden ahora tener mas casas para escoger y a la vez tener mejor posibilidades de pedir costos de cierre, especialmente los compradores que están en programas de baja cuota inicial que son la mayoría de nuestra comunidad latina, lo que Usted comprador necesita es buen asesoramiento y representación, y ahí es donde entro Yo y mis 16 años de experiencia tanto en el lado financiero como en el lado de agente de bienes y raices, asi que es simple llamame para poder empezar el procedimiento de la manera correcta

Gracias mil por la confianza y poder representarlos

Marcelo Parada, Realtor en VA y MD

703-798-8034 o a mi asistente 703-835-2023

NEWLOGO

 

 

What motivates you to buy a house….Don’t be shy….tell me!

All throughout my special Fall  Market, I’ve walked you through the whole process of searching for a home, making the offer, moving in and more. And it’s been an exciting time. And along the way, we’ve tried to answer many of your questions – about buying and selling a home.

But as we wrap up the series, instead of answering a question, we wanted to ask one almost as trivia.

Something you might not think about, when you hear that millions of people buy homes every year, in America.

And the question is:

Why?

Why do people want to buy a home…that they actually own? What’s in their hearts and minds?

Why do so many people scrimp and save, and ‘do without’ for years, just to get enough for a down payment?

And why do so many people call Home Ownership the ‘American Dream?’

The NATIONAL ASSOCIATION OF REALTORS® surveyed home buyers and sellers to find out the main motivations for buying.

The biggest motivation: Simply, the desire to own a home of your own. To have a space that is yours, to make your own, and call home.

Nearly a third of all home buyers cite this as a reason to purchase a home, particularly among first time home buyers. 60% of first-time home buyers cite the desire to own a home of their own as the primary motivation for buying.

Other popular reasons cited for buying a home:
-The desire for a larger home
-A job-related relocation or move
-A change in family situation
-A desire to be closer to family, friends and relatives. …and check this out: For buyers 65 and older, this was the primary reason identified for purchasing a home.

Other motivators for buying now is because home buyers felt like the timing was right. Low mortgage rates are keeping home affordability high, and of course FUTURE EQUITY AND TAX BENEFITS.

If you’re a home owner, what was your main motivation? What drew you to home ownership?

Research has long pointed to some non-tangible benefits of home ownership: Home ownership has long been linked to more connected families, improved health and safety, stronger communities with actively involved residents, better neighborhoods, lower crime … even higher levels of personal self-esteem and happiness.

Studies have also shown that home ownership, over the long-term, leads to greater personal wealth too. On average, a home owner’s net worth is 45.9x more than a renter’s, according to data from the Federal Reserve Board.

Home ownership has deep roots within our country, and there are countless reasons why Americans have this strong desire to buy and own a home.

And as we leave you now, we’d like to mention what Laura Ingalls Wilder said once. You know her as the author of the Little House on the Prairie series. Someone who truly appreciated everything that the family house meant, to Americans. As she put it:

“Home, is the nicest word there is.’

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CHANGES IN THE REAL ESTATE MARKET

OH OH ….this is what I have been telling my buyers fo a while  The following is from the  FEDERAL FED FUND meeting minutes from end of September 2018, iF YOU HAVE ANY QUESTIONS OR NEED GUIDANCE, CALL ME 703-798-8034

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• In a related action, the Board of Governors of the Federal Reserve System voted
unanimously to approve a  1/4 percentage point .25 increase in the primary credit rate to 2.75 percent, effective September 27, 2018. In taking this action, the Board approved requests to establish that rate submitted by the Boards of Directors of the Federal Reserve
Banks of Boston, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis,
Kansas City, Dallas, and San Francisco.
This information will be updated as appropriate to reflect decisions of the Federal Open Market
Committee or the Board of Governors regarding details of the Federal Reserve’s operational
tools and approach used to implement monetary policy.
More information regarding open market operations and reinvestments may be found on the
Federal Reserve Bank of New York’s website

 

 

Mortgage rates are showing no signs of going down. The  30-year fixed mortgage rate went up to 4.92 percent from 4.88 percent in the previous week, according to Bankrate.com’s latest survey of the nation’s largest mortgage lenders.

Higher rates didn’t seem to stop borrowers. Total mortgage applications climbed 2.9 percent from one week earlier, according to the Mortgage Bankers Association’s weekly survey ending Sept. 21.

So its simple short and sweet. Rates are still low even though they went up a little

I don’t want to bore you with details about the market, but if interested at the risk of boredom give me a call

 

Marcelo Parada

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You want to sell your house? Read it ….trust me it will help you….

If you’re like most homeowners, your house is your biggest financial asset. It’s also one of the most sentimental parts of your life. You’ve probably put a lot of time, money and effort into making it special for your family. You’ve been diligent over the years to make it your home, and now it’s time to get intentional about making it someone else’s place.

How to sell a house

Whether you are a few months or a few years away from putting a for sale sign in your front yard, these  steps will help you sell your house the right way.

1. Find an experienced Realtor (me for example).

There is a lot of Real estate agents. That’s why you don’t just need any agent. You need the right agent. I Marcelo will super-serve you, negotiate the best deal, and sell your house fast! As tempting as it is to have a relative, a friend from church, or a friend of a friend help you, always stick with an experienced professional who has experience and can sell your home for the most money in the shortest amount of time! I have over 16 years of experience in the Real Estate mortgage industry.

Now, let’s discuss something that has crossed many home sellers’ minds: Should I sell my home myself?

Look, everybody loves saving money, and selling solo can seem like a great way to do just that. But is For Sale by Owner (FSBO) really all it’s cracked up to be? First off, if you really want to sell your home, you need to get it in front of buyers—and lots of them. This is where an agent comes in handy. I Marcelo Parada will give your home a much-needed online presence through the Multiple Listing Service (MLS) and expose it to thousands of potential buyers. Plus, an agent will develop a targeted strategy to market your home to their extensive network of buyers and agents.

Can you save big money by going FSBO? Not really. Even when you sell your home yourself, you still have to pay a commission to the buyer’s agent. You’d only save the commission on one side of the transaction. A stellar agent will more than make up for that cost. Consider this: The latest National Association of Realtors data shows that the average home sold by an agent last year fetched $235,000.(1)In contrast, the average FSBO home went for $185,000.(2) That’s a $50,000 difference! I can help you get the most money for your home!

2. Price your home.

Remember this: Your home is only worth what buyers are willing to pay.Therefore, you need to be objective about your home’s value. If you’ve lived in your home long enough to make memories, those sentimental ties could cloud your judgment. So, stick to the facts as much as possible when you estimate how much your home could sell for.

The best way to determine your home’s value is to ask me to run a comparative market analysis (CMA). This free report compares your home to other homes near you that are similar in size, have similar features, and are either on the market or have sold in recent months. The comparison allows me to more accurately predict what buyers will pay for your home.

Your CMA will offer several pages of information including photos and a map of all the properties included in the analysis. I will take time to walk you through the results so you understand exactly how your home stacks up to the competition. With this information in hand, we can work together to set a competitive price that’s based on fact, not emotion.

RELAX…I GOT THIS!!!

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