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Our Services
Our Services
MV & Associates Real Estate is a high producing company that provides full real estate services to all our past, present and potential clients. Our real estate expertise involves transactions such as single-family residents, commercial, short sale, real estate owned foreclosures, investment properties and consulting.
MV & Associates Real Estate is a high producing company that provides full real estate services to all our past, present and potential clients. Our real estate expertise involves transactions such as single-family residents, commercial, short sale, real estate owned foreclosures, investment properties and consulting.
Selling
Selling
Perhaps you need to sell your home and relocate because you're changing jobs. Or, maybe you need a larger home to accommodate a growing family or a smaller home since your children have moved out on their own. There are myriad reasons why people sell their homes, but no matter the circumstances, it's in your best interest to approach the transaction armed with information and assisted by the expertise of a REALTOR®.
The selling section provides an overview of each leg of the selling process, from assessing the market conditions to listing agreements to setting the price. While this outline will help you prepare for the transaction, consult us for more detailed information and answers to the questions that are specific to your situation.
Find out what your home is worth! Sign up for our monthly newsletter and get updated valuations below.
Find out what your home is worth! Sign up for our monthly newsletter and get updated valuations below.
Buying
Buying
As with any major purchase, it pays to be informed prior to making any decisions. As experienced buyers already know, buying a home is a complicated process, so it's important to start at the beginning and thoroughly understand each step. Whether you're buying your first home or your third, make sure you have the necessary financial resources and have explored all your options before you purchase a new home.
If you're a first-time buyer, you should weigh the pros and cons of homeownership versus renting. There are many advantages and disadvantages to consider. For example, renters have the freedom of mobility if they choose to move, but their monthly rent checks do not establish long-term equity or produce any other benefits. And while homeowners' mortgage payments accumulate equity, these payments are generally higher than rent payments and come with the responsibility to manage the care and upkeep of the property.
Both new and experienced buyers have their own sets of financial considerations when it comes to buying a home. Move-up buyers should evaluate their financial situation to ensure they're prepared to meet the higher mortgage payments involved with relocating. Likewise, first-time buyers should determine if monthly mortgage payments fit in their budgets. In addition, you'll need to be prepared to cover the downpayment and closing costs. And, you should consider whether you meet the basic criteria to qualify for a mortgage; lenders prefer that applicants offer a stable job history and a good credit record. Click Here to Schedule Your Appointment
Financing
Financing
First-time and experienced buyers alike may find themselves overwhelmed by the mortgage process. With so many options -- each offering unique advantages and disadvantages -- determining the early steps to take can be baffling.
Before initiating the mortgage process, you'll want to be fully educated. Whether you peruse Web sites or attend a mortgage seminar, there are many ways to find out what to expect. And as always, we can answer any questions you may have, as can financial planners, mortgage brokers, or lenders.
What's in a Price?
As you initiate the mortgage process, you'll want to ensure that your monthly payments fit into your budget. Are you aware that the price isn't the only factor contributing to the amount of your monthly payments? In actuality, the price is comprised of principal, interest, taxes and insurance, which combined, are commonly called PITI. To determine your average monthly payment, lenders suggest devoting no more than 28 percent of your gross income to PITI. Of course, how much home you can afford depends greatly on other factors as well: your income, credit, savings and financing, to name a few variables.
Applying for a Mortgage
Prior to applying for a loan, you'll need several items, including pre-approval information (if applicable), the ratified sales contract, earnest money and a home inspection report.
A ratified sales contract is proof that both buyer and seller have agreed on the final purchase deal. It serves as the final contract subsequent to the purchase agreement and any counteroffers. This contract specifies the amount of your downpayment, the purchase price, the type of mortgage you're seeking, and your proposed closing and occupancy dates.
When you visit your lender, you'll need to complete a Uniform Residential Loan Application. This document asks detailed questions about you, your income, your assets and liabilities, your credit history, and the property you plan to buy. Check with your lender about the additional documentation you'll be required to supply, which can include paycheck stubs, tax returns, bank account statements and other articles.
Decisions to Make
Once you've arrived at the application stage, you'll need to know what type of mortgage you want and the mortgage amount.
Keep in mind that the type of mortgage you select directly affects the home price you can afford and the amount of your mortgage payments. Your ratified sales contract may depend on your ability to secure approval for the kind of loan you choose.
You've probably already estimated how much money you want to borrow. The best way to determine the exact amount of your mortgage is to base the figure upon the purchase price of the home and the amount of your downpayment. If you're using your pre-qualification from a lender to determine the amount of your loan, remember that pre-qualification is only a ballpark figure and not equivalent to being pre-approved.
We can help you get connected with one of our preferred lenders. Give us a call 661-427-8454
Investing
Investing
Viridis, the Latin root translating to green, means we stick to our roots and aim to grow with our owners and residents alike. Our team brings a new light that will raise the bar of property managers in Kern County. Here at Viridis Property Management, our mission is to provide quality and hassle-free property management through efficient communication and forthright service. For a free consultation or any questions please contact us. We await the opportunity to provide our specialized services to you.
Visit us at ViridisMgmt.com
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