Real Estate Information Archive

Blog

Displaying blog entries 1-10 of 27

Take Action Against Radon This January!

by The Domis Team

January is National Radon Action Month! Radon is danger often overlooked by homeowners so this month offers a good reminder to test our Whittier Area homes.

 

During this month, California residents can receive a FREE Radon Testing Kit through Alpha Energy! Order yours online HERE or call them toll-free at 1 (800) 324-5928 (Option 6).

 

Also, be sure to check out all the helpful resources and information provided through the California Department of Public Health's Indoor Radon Program!

 

Follow us on Facebook or check out our Website throughout the year for more home safety and improvement tips!

Questions To Help Your Find Your Dream Neighborhood!

by The Domis Team

Choosing the right neighborhood is just as important as the house itself when buying your dream home. You want to find the perfect neighborhood that will fit your current needs as well as those into the future. There are so many desirable neighborhoods to choose from in the Whittier Area that it can be hard to know where to begin your search. Ask yourself the following questions to help you choose the perfect neighborhood for you and your family!

 

  1. Property Value Questions

  • What are the neighborhood's comps?
  • What is the area's projected growth into the future?
  1. Property Taxes Questions

  • How much are property taxes in the area?
  1. Safety and Crime Questions

  • What is the neighborhood's crime rate? Also, what are the crime rates for the neighborhoods directly adjacent?
  • What level of crime do I feel comfortable dealing with for myself and my family?
  1. School Zones

  • How are the schools in the neighborhood rated?
  • What community centers and parks are in the area?
  1. Topography and Geography

  • Are there geographical features that will add value to the home?
  • Are there special insurance needs in the area for potential natural disasters that I need to be aware of?



Use these questions as guidelines to help narrow in on your perfect neighborhood. If you have questions about particular neighborhoods in our area or are ready to Buy, give The Domis Team a call today or visit our website at http://www.whittierhomes.com/.

 

Follow These Steps To Get A Mortgage In The New Year!

by The Domis Team

There are several important steps that you need to take in order to get a mortgage. Be completely prepared for this process by understanding everything that goes into obtaining a mortgage.

1. Pre-Approval

In order to help you stand apart from the competition when buying a home, it is important to be pre-approved before you make any offers. Pre-approval means that the lender has made a commitment to give you a home loan up to a particular amount. There is a significant amount of paperwork that is required for the pre-approval process. Get the following documents ready to provide the lender: Pay Stubs, Federal Tax Returns, W-2 Forms, Statement of Assets, Residential History, and Proof of Down Payment Funds.

2. Home Appraisal

Your lender will complete a home appraisal before issuing the loan. The home appraisal allows them to determine the value of the home. If the home is appraised at a price that is at or above what you offered the seller than you have passed this part of the process. If the home is appraised for less than your offer, you have an issue because your lender will not give you more money than the house is worth. If this happens, you have a couple of options. You can negotiate with the seller, appeal the appraisal, ask for a second appraisal, or walk away from the deal.

3. Credit Score Maintenance

It is very important that your credit score (regardless of what it is) remains stable while you are under contract for a home. A final credit check will be completed before the loan is issued at closing. Any changes in your score could greatly jeopardize you acquiring your loan. Avoid this by not opening new credit accounts, closing old ones, or missing payments while you are under contract.

4. CD Review

You will receive a Closing Disclosure (CD) from your lender just before you close. The CD outlines the fees you will pay during settlement. CDs can contain errors so it is imperative that buyers examine the document thoroughly before signing. Sit down with your realtor to review the CD with the loan estimate (which you received when you first applied for your loan) to check the following items: Name, Loan Term, Loan Type, Interest Rate, Cash to Close, Loan Amount, Total Monthly Payment, and Estimated Taxes and Insurance.

5. Underwriting

Your mortgage will go through the underwriting process before the loan is finally issued to you. During this process, an underwriter will verify all of your information to ensure that you have been truthful in your application. As long as you have remained stable in your job status, credit score, and debts, you will get through this part of the process with ease.

For other great Buying tips, check out our Website and follow us Facebook!

2019 Housing Market Predictions!

by The Domis Team

The New Year offers new possibilities for the real estate market. Although it is impossible to know exactly what will happen with housing in 2019, there are some trends that have been forecasted. The data team at Realtor.com® has come up with their predictions for next year. If you are looking to buy or sell a home in the Whittier area in 2019, keep these trends in mind as you enter the market!

 

1. Slight Increases in Inventory

Inventory has finally been on the rise during the last quarter of this year. For next year, it is expected to stay at less than 7% nationwide. There should be some increases in homes being put on the market and/or new construction. Expect to see larger increases in inventory of upscale homes in the high-end market.

 

2. Soft Home Sales

Home sales are expected to decline 7%. This is largely due to the market challenges that make it difficult for first time home buyers to afford it.

 

3. Millennials Will Account For The Majority of Buyers

Millennials will retain their majority as home buyers in 2019, making up 45% of the mortgages. While first time buyers in this generation might still struggle to make the plunge for buying, older millennials who already own will likely move-up to a higher priced home this year.

 

4. Unknown Effect of Tax Plan

It is still unknown how the new Tax Plan will affect homeownership in 2019. Renters should see higher deductions on the tax bills which may incentivize waiting to buy while it will be a mixed bag for home owners on what they can and cannot deduct from their taxes in April. Although it is unknown exactly how the bill will affect the market during 2019, it is an important consideration for all buyers and sellers to keep in mind throughout the year.

 

As 2019 progresses, The Domis Team will be there to help you navigate the market and keep you up to date on the year's real estate trends. Give us a call at (562) 884-5373 or visit our website at http://www.whittierhomes.com/.

Happy Holidays From Us To You!

by The Domis Team

 

Christmas is here! Our team would like to extend a warm THANK YOU to all of our past and current clients for making 2018 such a great year! We are proud to be from the Whittier Area and love working with clients like you!

 

 

We hope that you and your family are blessed with good cheer, health, and prosperity as you celebrate this holiday season throughout Southern California.

 

 

Our Team is very excited about the holiday season and upcoming new year. We look forward to continuing to assist our clients with all of their real estate needs. Please contact us today with any questions you might have. We are always happy to help!

 

If Buying or Selling your home is one of your goals for 2019, we are here to make it a reality. Our extensive knowledge of the local market combined with our years of experience in real estate will help you succeed in reaching your new year’s goal.



The Domis Team wishes you a very Merry Christmas and Happy New Year!

Tell Santa And Others Of Your Change In Address!

by The Domis Team

Don't leave Santa out in the cold not knowing where you moved! It is important to notify people and organizations of your change of address! This important step can be easily overlooked in the hustle and bustle of moving into your new Whittier Area home. But, not doing it at least a week ahead of your move date will only cause you more of a headache in the future. Here are all the important agencies, organizations, providers, and people you should let know of your change of address.

 

1. Post Office

The most obvious one is the post office. Submit your official change of address on the USPS Website so they can begin forwarding your mail.

 

2. Utilities

You never want to keep paying utilities on a house you don't live in anymore! Make sure you notify every utility provider, namely cable, electric, gas, and internet, prior to your move so service will be ready to start as soon as you unlock the front door.

 

3. DMV

You are required to notify the DMV in the state of California of your change of address within 10 days of moving. All the information you need to do so can be found on the DMV Website.

 

4. Your Bank & Credit Card Providers

Make sure all your financial institutions are provided with your new address. You don't want mail that contains personal, sensitive information to be sent to your old house.

 

5. Cellphone Provider

The tax rate on your cell phone bill is largely based on your primary residence so you are required to update your billing address with your provider whenever you move.

 

6. IRS

Tax season will be here before you know it and you don't want there to be any cause for your refund to be delayed. Change your address with the IRS as soon as you move. Learn how on the IRS Website.

 

7. Voter Registration

Be able to do your civic duty in all future elections by updating your address for your voter registration.

 

8. Government Programs

This one only affects those homeowners that receive benefits from government agencies, such as the Social Security Administration, Medicare, or Medicare. If you do, keep your benefits active by informing them of your address change.

 

9. Your Work

Although your coworkers might know about your move, human resources might not! Make sure all information is current for your payroll and benefits.

 

10. Your Health Providers

Never fall behind on medical bills because they are being sent to the wrong address. Let your doctor, dentist, and other health providers know of your address change.

 

11. Your Insurance Providers

You must provide your car, dental, health, life, and homeowners insurance providers with your new address in order to file any future claims.

 

12. Online Shopping

The majority of our shopping is now done online with our delivery address saved in our account information. Make sure to update your address on these sites so your Christmas presents arrive to the right home!

 

13. Newspaper & Magazine Subscriptions

If you still receive a physical copy of the newspaper or subscribe to a magazine, let them know of your change of address so you don't miss out on a copy.

 

14. Family & Friends

Last, but most importantly, make sure your loved ones know your new address to send you those holiday cards!


Visit our Website and follow us on Facebook for more great moving tips!

Buy Your Dream Home At Below Asking Price!

by The Domis Team

Buying a home is a major financial step and like anything we buy we want a great deal on it. Although a home is listed with an asking price, buyers do not always have to offer more to secure the home. In some cases, you might be able to offer a lower price and score a fantastic deal! If you are looking to buy a home in the Whittier Area, check for these five signs that you could get your dream home for under listing price!

 

1. The Seller is Anxious

There are some homeowners out there that anxious to sell their homes quickly. Maybe they are moving away quickly for a new job or can no longer afford the home. It is possible to find out the motivation behind selling the home. Once you and your realtor can identify the needs of the seller, you can negotiate a offer that will allow the seller to quickly close on the home.

 

2. The House is Overpriced

In some cases, a home owners love for their house can cause them to overprice it. When a home is overpriced, it often sits on the market for long periods of time. Talk to your realtor about comps in the neighborhood. If you find one with an inflated price in the market, you will likely be able to negotiate a lower price.

3. You Aren't Picky

While most buyers want to find their dream home, there are some that are willing to compromise on their wants list or have plans to make renovations once you move in. If you are more concerned about getting a great deal than on the home itself, offering a low price is a good option for you.

 

4. The Home is On and Off the Market

Sometimes homes go on and off the market several times. This becomes a tedious process for the seller and they are often motivated to accept an offer that will certainly be completed. If your agent and you find one of these homes, consider offering a low price.

 

5. The Home is Outdated

You found a home with out of date style. The homeowner might be having a difficult time selling since many buyers want a move in ready home. If they haven't been getting many offers, they will be more willing to accept a lower price since you will have to put work into the home upon buying.

 

Check out our Homes for Sale in the Whittier area. Work with The Domis Team to see if one of these situations will work in your favor to get a great deal on your future home. Give us a call today or visit our website at http://www.whittierhomes.com/.

Be The Smartest Home Buyer Around!

by The Domis Team

You've decide to buy a new home. Congrats! Home buying is an exciting but daunting task. Whether you are a a new or experienced home buyer, there are a lot of common misconceptions about the process that can cause you more stress and difficulties immediately and into the future. Let us help you outsmart these misconceptions and know all the facts before you set off on your journey towards your dream home!

 

Common Misconception: The Home Search is the First Step.

Truth: Although searching for homes on the internet might have jump started your journey towards home buying, it should not be prioritized as your first step in the process. Stop searching for homes and FIRST focus on your finances. This involves making sure your credit standing is good and receiving pre-approval for a mortgage. By focusing on your financing before searching, you can accurately know what homes on the market fit within your budget and focus your search within your parameters. There are few things worse than having your heart set on a home only to discover that there is no way you can afford it.

 

Common Misconception: Bad Credit Disqualifies You from Buying a Home.

Truth: While having good credit is obviously to your benefit during the home buying process, you still have options even if your credit is not stellar. Home buyers with bad credit have financing options, such as FHA loans, that might be available for them. It is important to take the time to research your options.

 

Common Misconception: 30-Year Mortgages Save You Money.

Truth: It all comes down to math. Regardless of whether you choose a 15-year or 30-year mortgage, you are borrowing the same amount. However, you are multiplying the amount of time that you are paying back that amount by 2. This means more interest is accruing over this additional time and you will end up paying MORE. This is not to say that a 30-year mortgage is not your best option. Just ensure that you do plenty of research on all the loan options available to you to select what best fits your financial situation now and into the future.

 

Common Misconception: The Down Payment is your ONLY Upfront Cost.

Truth: Home buyers need to budget for several costs that can quickly add up during the process. Along with the down payment, home buyers should plan for credit report, inspection, and insurance costs. The deal you settle on with the seller could require you to pay for the closing costs as well.

 

Common Misconception: Your Down Payment Should be 20%.

Truth: A 20% down payment can help make you competitive amongst other buyers and can help you avoid paying for Private Mortgage Insurance (PMI). However, not all lenders require that amount. You may be eligible for a down payment of 5% or 10% if you are willing to pay for PMI monthly. There are also FHA loans and other down payment assistance programs that might be available to you.

 

Common Misconception: A Home Inspection is NOT a Necessity.

Truth: You should never waive the home inspection, no matter how much you want the house. Some sellers will try to negotiate this into the agreement but it is not in your interest. There is too much risk of there being something wrong with the house. You could end up having to spend a fortune in your money and time by skipping this step. Ensure that you find any potential issues with the house before you purchase it.

 

Common Misconception: Focus on Your Immediate Needs.

Truth: You should always consider what you and your family need in a home right now and into the future. Although it is impossible to know what your future holds, you want to choose a home and neighborhood that fits your needs now and indefinitely. Whether or not you have or will have children, find a home near good schools. Research has shown that homes near excellent schools have a higher resale value.

 

Common Misconception: You Must Offer the Asking Price.

Truth: Although you might fear losing your home to competition by offering a lower price, you should always try to negotiate a deal that best fits your need. Sellers are obviously hoping to get top dollar for their home but they also want to sell it quickly and easily. By showing that you have good credit, are pre-approved for a loan, and/or have your down payment ready to go, sellers will likely be willing to negotiate with you since your finances are in order. Also, the results of the home inspection can also be used to help you negotiate a lower price.

 

Common Misconception: You Can Go It Alone.

Truth: While the internet makes the search for homes arguably easier and more convenient for individuals, you should always work with an Experienced Realtor during the home buying process. There is a wealth of knowledge that only realtors can offer! We understand the local market, have years of negotiation experience, and so much more. We can help alleviate the inevitable stress that comes along with the home buying process by being by your side and always keeping your best interests at the forefront.


Ready to BUY your dream home in the Whittier area? Work with the very best! Give The Domis Team a call today or visit our website at http://lindadomis.com/!   

How To Find the Perfect Whittier Area School During Your Home Search!

by The Domis Team

Ready to buy your dream home in the Whittier Area? Although there are many factors to consider, if you have children, excellent local schools should be at the top of your list. In order to find the perfect educational fit for your child, you will need to do some school work on your own. You want to make sure you set your child up for success by moving within the boundaries of a top ranked school. Here are several questions to ask yourself and the schools themselves in order to narrow it down your search:

 

  • What structure does your child prefer? Creative or Structured?
  • What kind of teachers does your child respond to?
  • Do you want to be an active part of the educational community?
  • Does the school have buses that service nearby neighborhoods?
  • What extracurricular activities are offered?
  • Are the class sizes large or small? What is the student to teacher ratio?
  • Are the classrooms and library well stocked?
  • What do other families think about the school?
  • What are the school's test scores and graduation rates?
  • How do unbiased websites like GreatSchools.org, Niche.com, and U.S. News & World Report rank the school?

 

Take some of the guess work out of your search for the perfect school by starting to look within

these excellent local school districts.

Anaheim Union High School District | Homes for Sale

Downey Unified School District | Homes for Sale

East Whittier City School District | Homes for Sale

Fullerton Joint Union High School District | Homes for Sale

Hacienda La Puente Unified School District | Homes for Sale

Lowell Joint School District | Homes for Sale

Norwalk-La Mirada Unified School District | Homes for Sale

Orange Unified School District | Homes for Sale

Placentia-Yorba Linda Unified School District | Homes for Sale

Whittier Union High School District | Homes for Sale

Once you have found the perfect school, let The Domis Team help you find your dream home nearby! Give us a call today or visit our website at http://www.whittierhomes.com/.

 

Relocation Help in Sunny Southern California!

by The Domis Team

Congrats! You got a new job offer in the Greater Los Angeles area! Moving to a new city for a career is an exciting process. Along with the new job, you will need to start considering where you are going to live. Although it can be stressful to think about a mortgage at the same time as starting you make a career move, it is a great way to lay down some roots in your new community. The Domis Team is here to help Buyers navigate the relocation process in our communities.

 

How does a job change affect your mortgage?

Starting a new job has an inevitable affect on your loan approval. But, do not dismay! Lenders are interested in your ability to proof that you can afford the home for at least the next three years. The best way to prove this is through your income and employment history. As long as you have not been continually changing jobs or had long breaks in employment, your lender will be able to review your finances in a positive light. Your new job will also display your ability to repay the loan. If you are getting a promotion or receiving a pay/benefit increase, these are positive indicators for a mortgage. As long as you will be working full time and have a long term contract, your approval chances should not change. Be sure to share your offer letter with salary confirmation to the lender. In addition, they will want to see proof of employment within 30 days. This can be done with your first pay stub. Follow this simple advice and your should have no issues being approved for a loan!

 

How to acquire a home loan in the midst of relocating?

There are several factors to consider during this process. If you own a home in your current location, determine how long you can afford that mortgage while trying to settle into your new community. You need to be prepared if your current home does not sell as quickly as you were expecting. If you can't afford two mortgages at once, consider renting in your new location at first. Not only does this give you time for your employment verification but also provides you with the opportunity to explore your new surroundings and find the perfect neighborhood for you. However, if you are determined to find a new home immediately upon relocating, there are options. Find out what your new company offers in terms of relocation packages. These can range from paying for movers, helping with closing costs, to down payment coverage and more. Some companies even offer a Guaranteed Buy Out. This generous plan has the company buying your current home at appraisal value if it does not sell quickly. Again, talk to your new employer what options are available to you as you may be able to get more help than you realize!

 

We are excited for you to be joining us in the beautiful Whittier, La Habra, and La Habra Heights area. Contact us today for a Free Relocation Package and with any additional questions you might have. We cannot wait to help you find your dream home. Give us a call today or visit our website at http://www.whittierhomes.com/.

 

Displaying blog entries 1-10 of 27

Syndication

Categories

Archives

Share This Page

Contact Information

Photo of Linda & Ryan Domis - The Domis Team Real Estate
Linda & Ryan Domis - The Domis Team
Keller Williams
16310 E. Whittier Blvd. Suite F
Whittier CA 90603
Cell: 562-884-5373
Cell:562-458-6947
Fax: 562.902.5158
The Domis Team Real Estate, Whittier, La Habra, Orange County Homes for Sale The Domis Team Real Estate, Whittier, La Habra, Orange County Homes for Sale The Domis Team Real Estate, Whittier, La Habra, Orange County Homes for Sale The Domis Team Real Estate, Whittier, La Habra, Orange County Homes for Sale

Contact the Domis Team

Linda Domis - BRE #00571375 | Ryan Domis - BRE #01969771
Whittier Homes for Sale | La Habra Homes for Sale
Lake Park Brea Senior Community | Lake Park La Habra Senior Community

© Keller Williams is a real estate franchise company. Each Keller Williams office is independently owned and operated.
Keller Williams is an Equal Opportunity Employer and supports the Fair Housing Act.