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Displaying blog entries 1-10 of 65

Debt Is Looking Like It Did In 2008 – What Does It Mean to You?

By Linda Pillard

Thanks to recent statistics from the New York Federal Reserve we know that debt is once again on the rise in the United States ($12.73 TRILLION as of March 2017) and what’s shocking is that it’s surpassed the 2008 peak which occurred right before the last recession.

What’s different than 2008 is that most borrowers have fewer housing related debts like first mortgages or lines of credit, and that’s excellent, but they do have more student loan, auto, and credit card debt than they did back then.

How Does This Affect You?

The rise in debt in the United States could make it harder for some home buyers in the future to get mortgage loans should there be another rise in defaults across the country.

Following the collapse of the Real Estate market in 2008 some lenders made getting a mortgage loan difficult for most borrower’s due to stricter regulations so if you’re thinking about buying a first, second home, or refinancing, now would be a good time to make your move especially since interest rates are still low.

A High Debt-To-Income Ratio (DTI) May Affect Your Ability to Get a Mortgage Loan

Let’s say that you’ve accumulated more debts in recent years due to student loans, auto loans, and credit card debt.

Even though you may have the income to continue paying off those debts right now if you plan on applying for a mortgage loan in the coming you may have a harder time qualifying for a mortgage loan due to your high debt-to-income ratio.

Right now, most lenders want to see that borrowers have a debt-to-income ratio that’s no more than 43%.

To figure out your DTI just add up all of your monthly debts and divide that number by your gross monthly income.

IF your debt-to-income ratio is more than 43% you may want to consider refinancing those debts (if possible) or paying some of them off before applying for a mortgage loan.

Learn More

To learn more about how debt affects you when buying a home, or to view homes for sale in Northern California, contact me today by calling 530.713.6121 or connect with me online.

 

 

Planning on Driving in The Capay Valley? Please Slow Down!

by Linda Pillard

Planning on Driving in The Capay Valley? Please Slow Down!

By Linda Pillard

Every year a doe goes into estrus in the fall, this means deer fawns are normally born sometime between late April and early July.

Does birth one, two, or sometimes three fawns, and there’s nothing more wonderful than seeing deer in the Capay Valley, but the sad thing is that these deer don’t often have to contend with hunters, deer in this part of Northern California often lose their lives due to the carelessness of drivers.

Please SLOW DOWN When You Visit the Capay Valley

Sadly, it’s not uncommon to see baby deer (fawns) wandering the roadsides of the Capay Valley during this time of year because their mothers were killed by careless drivers on Highway 16.

What’s even more heartbreaking than seeing an orphan deer is watching one of these babies try to nurse from their dead mothers and the reality is that the senseless death of another deer could have been avoided had a driver just taken the time to slow down while driving in this area.

If a mother deer is killed by a driver and that mother hasn’t had time to teach her baby how to survive, it’s most likely that the fawn will not survive. So the best thing that every driver can do is slow down, avoid distractions, and take the time to enjoy the journey through the Capay Valley and please respect their home, and be mindful of deer and wildlife. 

Learn More About The Capay Valley

Want to learn more about the Capay Valley or search for homes in the area?

Contact me, Linda Pillard, Realtor® with (530) 713-6121 or connect with me through my website.

 

 

17255 County Road 68 – Westridge Ranch

by Linda Pillard

17255 County Road 68 – Westridge Ranch

By Linda Pillard

Are you searching for ranch property or a peaceful, serene, place to call home in Northern California? If so, don’t miss Westridge Ranch, located at 17255 County Road 68 in Brooks California.

This 174-acre property is located just 45 minutes from Sacramento and under 2 hours from the San Francisco Bay Area.

Check out the video  

 

Great for Horseback Riding

Situated near the Blue Ridge Mountain Range, the previous owners enjoyed the peace, quiet, and serenity of this ranch. It was their personal retreat for many years, and they also used it for horseback riding since this beautiful ranch is also a historic location where cowboys once rode and you can still ride those same trails today.

If you want to use Westridge Ranch just for horseback riding you will find that the property is fenced and has three large corrals, a rustic barn for your horses, and a shop area that you can use to work in.

Perfect Northern California Retreat

There’s no denying that Northern California Real Estate prices are continuing to increase every year so if you’re interested in investing in land, or are searching for the perfect retreat, Westridge Ranch makes a perfect investment.

Westridge Ranch also offers a variety of soil classes, it’s zoned, agate tested and is also under the provisions of the Williamson Contract, and the water on the ranch comes from a producing, domestic well.

About the Ranch Home

What’s even better is that this ranch also has a 3 bedroom, 3 bathrooms, 1799 square foot “headquarters” that would be perfect for you to use as your primary residence or for your retreat with family and friends.

Inside the ranch home, there is a double-sided fireplace, dining room, spacious family room and a great outdoor patio with a swimming pool which will be perfect for family events or those hot summers in the Capay Valley.

Learn More About Westridge Ranch – Located At 17255 County Road 68

To learn more about Westridge Ranch in Brooks, California contact Linda Pillard today by calling 530.713.6121 or connect with me online.

 

How to handle a property sale during a divorce

by Linda Pillard

How to handle a property sale during a divorce

By Linda Pillard

Divorce may be one of the absolute worst things that can ever happen to anyone but the reality is that selling a home during a divorce doesn’t have to be miserable especially if you follow these simple tips.

Get Your Home Ready for Sale

The first step to selling a home during a divorce is to get the home ready for sale because once the home has been cleaned, de-cluttered and staged for sale there’s a greater chance of the home selling for what it’s worth than selling the home without any preparation and hoping for the best.

Choose an Experienced Realtor®

After getting the home ready for sale the next step to selling a home during a divorce is to choose an experienced Real Estate agent who knows your local housing market, has online marketing experience, and will help you to sell your home for what it’s worth.

Settle on An Asking Price

Once the home has been prepared for sale, and an agent has been chosen, the next step is for both husband and wife to agree on an asking price for the home.

Even though the Real Estate market may be hot right now, the sellers should price their home competitively because this will reduce days on market and it may help them to sell the house for more than what it’s worth.

Review Offers

After the home has been listed the next crucial thing is for both husband and wife to come together and review offers (preferably without attorney’s present) because putting anger aside and focusing on choosing the most competitive offer will help the home to be sold quickly and for the most money possible.  

Last of all, once an offer has been agreed on, the escrow company will be responsible for dividing the cash and making sure that any debt obligations are paid off before husband and wife are paid and they part ways.

Learn More

To learn more about how to sell your home during a divorce, or to view homes for sale, contact me, Linda Pillard, Realtor® with United Country Real Estate Great West by calling me at 530.713.6121 or connect with me online

Benefits of a pre-inspection home inspection

by Linda Pillard

Benefits of a pre-inspection home inspection

Are you planning on selling your home but aren’t sure if you should get your home inspected before the actual home inspection?

You’re not alone.

Although some homeowners (sellers) don’t like the idea of having to pay for a pre-inspection the reality is that a pre-inspection offers you many benefits, including the following:

Gives Your Time to Take Care of Problems Before Listing Your Home

Let’s face it, many home buyers these days are “pre-conditioned” to negotiate and if they find out that your home has one or more problems, they may be inclined to negotiate with you and offer a lower price for your home.

The good news is that when you have your home inspected before the actual inspection, you will be able to resolve potential problems and or issues with your home plus eliminate having to accept a lower price for your house because there’s work that needs to be done.

Pre-Inspection Justifies Your Asking Price

Did you know that a pre-inspection will also help you to “justify” your asking price? That’s right. You can list your home for X and justify your position, or asking price because you’ve taken the time to have your home inspected and you know that it’s worth your asking price.

A pre-inspection also gives you the “upper hand” during a hot real estate market because it may motivate a buyer to drop or reduce their inspection contingency.

Last, of all, a pre-inspection will also make the negotiation process easier because both seller and buyer know the real condition of the home and there won’t be any issue with problems that haven’t been revealed yet.

Learn More

To learn more about the pre-inspection process, or to view homes for sale, contact me, Linda Pillard, Realtor® with United Country Real Estate Great West by calling me at 530.713.6121 or connect with me online

 

Tips for first-time home sellers

by Linda Pillard

Tips for first-time home sellers

Are you planning on selling your home for the first time? If so, you’re making a smart choice!

Selling your first home may seem overwhelming at first but it doesn’t have to be especially if you follow these tips.

Tip #1 – Get Your Home Ready for Sale

One of the very best things you can do to ensure success when selling your home is to get it ready for sale by de-cluttering and staging your home since this will help you to show your home in the best possible condition and actually make it look bigger.

Tip #2 – Decide on A Realistic Price

During a hot Real Estate market, many people are under the misconception that they can sell their homes for X over their homes current value but the reality is that overpricing a home almost never pays off because, most buyers are technology savvy, can look up a home price online within minutes, and know that it’s overpriced.

Tip #3 – Be Flexible When It Comes to Showings

Once you hire a Real Estate agent it’s important for you to remember that your purpose for hiring them is to sell your home so if they have someone who wants to view your house after 5:00 pm on a weeknight, or sometimes on the weekend, you should be flexible and willing to work with your agent since this will help you to sell your house quicker than you imagined.

Tip #4 – Start Packing Up Now

Another important thing to do when selling your home is that you should start packing up now because the whole purpose of selling your home is to move on to your next house and delaying the moving process now will only make moving onto your next home take longer than you imagined.

Learn More

To learn more tips for first time home sellers, or to view homes for sale, contact me, Linda Pillared, Realtor® with United Country Real Estate Great West by calling me at 530.713.6121 or connect with me online

What happens when you don't keep water in your inground pool?

By Linda Pillard

There’s no doubt that summers in Northern California can be HOT and having an inground pool is a major plus if you’re a homeowner because this means you can enjoy your pool anytime during the summer months without having to deal with the hassles of an above ground pool.

Even though you may use your inground pool a lot during the summer, there may be times when you are tempted to not keep your pool filled or to drain your pool during the winter months when it’s not in use but the BIG question is what actually happens to an inground pool when you don’t keep water in it?

Why You Should Keep Water in Your Pool

Not keeping water in your pool can damage the structural integrity of the pools shell, especially if we have another wet winter because all of the rainwater has to go somewhere and that ground water can also cause your pools shell to heave, pushing it upward out of the ground.

To avoid damaging the structural integrity of your inground pool you should keep some water in it all year long, even if that water begins to look “swampy” because, any repairs to the pool, or cleaning, can still be done to the pool when there’s water in it.

Consider Hiring a Professional Pool Company

Instead of looking at your pool as a liability you should view it as an asset that will only help to increase the value of your home when it comes time for you to sell.

If you don’t have the time to maintain your pool you should consider hiring a professional pool maintenance company because a pro can easily clean the dirtiest pool and make repairs (if needed) without you having to do those tasks yourself.

Learn More

To learn about how to care for your inground pool, or to view homes for sale in Woodland, Solano County, Yolo, Sacramento, or the surrounding area, contact us today by calling 530.713.6121 or connect with us through our website. 

Things to ask your listing agent during the first meeting

by Linda Pillard

Things to ask your listing agent during the first meeting

By Linda Pillard

Are you thinking about selling your home in Yolo County or the surrounding area? If so, you’ve come to the right place!

Hiring a listing agent is a smart decision to make because this will save you the time, money and hassle of listing your home yourself but, hiring a Realtor® isn’t just about choosing the agent who charges less commission other agents, you should choose the most experienced listing agent by asking these questions.

#1 – How Long Have You Been a Realtor®?

Although many people have become Real Estate agents in the last 24 months thanks to the booming Real Estate market in California, experience does pay off when choosing a listing agent because an experienced agent will also have the skills that you need when it comes to negotiation and selling your home for the best price.

#2 – Are You a Full-Time Agent?

It’s not uncommon for many Realtors® to also have careers in other fields but before choosing someone who works part time as an agent you should first consider if they will have the time to devote to serving and helping you and will be available when you call with questions versus an agent who works as a full-time Realtor® and makes Real Estate their ONLY business.

#3 – How Many Homes Have You Sold in My Area?

In Northern California, we have an interesting Real Estate Market filled with homes that are located in urban communities like Sacramento, to rural communities like Yolo County. This is why you want to verify if an agent has experience selling homes in your area because they may be experienced with selling in one community versus the other and this could ultimately affect how many days your home is on the market and your selling price, affect you as a seller if an agent doesn't understand or know the ordinances, zoning, and all the other complexities that can arise.

#4 – How Will You Market My Home Online?

Last of all, but most important, you should ask a Realtor how they plan on marketing your home online because you want your house to be visible to buyers both in the United States and internationally since California Real Estate has been purchased in the last year by buyers as far away as the UK and China.

Learn More

To learn more about the questions you should ask before hiring a Realtor®, or to view homes for sale, contact us today by calling 530.713.6121 or connect with us through our website.

Tips for first-time home sellers

by Linda Pillard

Tips for first-time home sellers

Are you planning on selling your home for the first time? If so, you’re making a smart choice!

Selling your first home may seem overwhelming at first but it doesn’t have to be especially if you follow these tips.

Tip #1 – Get Your Home Ready for Sale

One of the very best things you can do to ensure success when selling your home is to get it ready for sale by de-cluttering and staging your home since this will help you to show your home in the best possible condition and actually make it look bigger.

Tip #2 – Decide on A Realistic Price

During a hot Real Estate market, many people are under the misconception that they can sell their homes for X over their homes current value but the reality is that overpricing a home almost never pays off because, most buyers are technology savvy, can look up a home price online within minutes, and know that it’s overpriced.

Tip #3 – Be Flexible When It Comes to Showings

Once you hire a Real Estate agent it’s important for you to remember that your purpose for hiring them is to sell your home so if they have someone who wants to view your house after 5:00 pm on a weeknight, or sometimes on the weekend, you should be flexible and willing to work with your agent since this will help you to sell your house quicker than you imagined.

Tip #4 – Start Packing Up Now

Another important thing to do when selling your home is that you should start packing up now because the whole purpose of selling your home is to move on to your next house and delaying the moving process now will only make moving onto your next home take longer than you imagined.

Learn More

To learn more tips for first time home sellers, or to view homes for sale, contact me, Linda Pillared, Realtor® with United Country Real Estate Great West by calling me at 530.713.6121 or connect with me online

How to manage stress during the selling process

by Linda Pillard

How to manage stress during the selling process

If you ask anyone who has sold their home they will tell you that the selling process can be stressful at times, and for good reason, you’re selling your house, and this sale most likely will be the biggest financial transaction of your life.

Thankfully, selling your home doesn’t have to be stressful if you manage your stress by following these simple tips.

Tip #1 – Be Prepared to Sell Your Home

The first way to manage stress when selling your home is to be fully prepared to sell your home and this includes getting your home ready for sale by cleaning, de-cluttering, staging and hiring an experienced Real Estate Agent to list your home.

Tip #2 – Have Hard Discussions with Your Realtor® Before Listing Your Home

Once you’ve prepared your home for sale and hired an experienced Realtor® you should next have had discussions with your agent involving your selling price expectations and what you may be willing to include with the sale of your home because having these hard discussions up front will ensure that you both are on the “same page” before your listing goes live.

Tip #3 – Take Some Time to Get Away

Another great way to manage stress when selling your home is to take some time to get away from your home for a weekend that way your agent can be free to schedule an open house, or as many showings as possible, without having to schedule those showings around your schedule.

Tip #4 – Trust Your Realtor®

Last of all, but most important, if you’ve done the work necessary to get your home ready for sale and hired an experienced Realtor® you should be able to go about your regular daily life fully trusting your listing agent to represent your best interests and sell your home for the best price possible. Follow your Realtors advice. If you do not understand then ask. As a good Realtor we setup strategies to make things happen for you. Do NOT interfere by speaking to the buyer.  It will break down negotiations and then there is always someone that gets hurt! If the buyer contacts or the buyers agent you let your Realtor know immediately. Remember we are on YOUR side!

Hire A Realtor®

To get started with listing your home contact me, Linda Pillard, Realtor® with United Country Real Estate Great West by calling me at 530.713.6121 or connect with me online.

Displaying blog entries 1-10 of 65

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United Country Real Estate- Great West, Northern California, Specialty Property Groups:  Residential Homes, Country Homes,  Farm & Ranch, Horse Properties, Golf Properties, Mountain Properties, Victorians, Land. Also sell organic farms, conventional farms, land brokerage, Yolo County Horse Properties

      

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