Why Mortgage Lender Pre-Approval is Important

Why Mortgage Lender Pre-Approval is Important

by Veronica Cabrera

One of the most important things a potential homeowner can do is
get pre-approved prior to viewing any homes.

Once you have decided to purchase a home the best thing to do is find a licensed and reputable mortgage lender who can help you determine the amount of home you can afford. What many potential homeowners may not know is that it takes time for pre-approval papers to be authorized.

 The mortgage lender will ask you personal questions relating to your finances. Some of the things you will be asked for will be; proof of your income, bank account information - including any checking or savings account statements, and all outstanding debts you may have.

Gathering the facts and figures of your monetary situation will allow the mortgage lender to determine the amount of house you can afford. This information will benefit you by allowing you to understand how much your monthly mortgage payments will be.

The most important reason you should become pre-approved for a home loan is that your offer will be taken more seriously and it will help your realtor move the paper process along faster.

Having a pre-approved letter from your mortgage lender, lets your realtor know that you mean business and that you want to be able to buy the home of your choice, within your price range, in the fastest amount of time possible.

 In today's real estate market, some homes can have bids placed on them in a matter of hours. When there is a pre-approved letter in hand by a potential buyer, that bid will be taken very seriously because the realtors for both the seller and the buyer know that there is a lender who is ready to get the paperwork rolling and get the sale completed.

As a professional realtor, I would advise you to find a professional mortgage lender and get your pre-approved letter before you start house hunting.
In the end, you will have saved time and can be living in your new home sooner than you think. 

You can find this article and more real estate information on my website at

www.veronicacabrera.com

Veronica Cabrera

Independent Real Estate Broker
Cell: (714) 809-6521

Email: veronicacabrerarealtor@gmail.com

DRE  #01463140

What Is a Home Inspection?

What Is a Home Inspection?

by Veronica Cabrera



A home inspection is an examination of the condition of your home.

This inspection should be done by a reputable and licensed home inspector. This inspection is part of the necessary sales process of selling your home.

While the home inspector is there they will be taking notice of your; roof, basement, heating and air-conditioning systems, water heater, plumbing, electrical and the structure of the home. Additional inspections of your home may include but are not limited to; appliance hook-ups, pools, sprinkler systems as well as the condition of your garage.

A home inspection is very beneficial for the seller as well as the buyer.

The benefits for the seller are that they will have a better understanding of any repairs that may be necessary prior to selling the house. They will also have in writing anything that has been seen by the home inspector, just in case it is brought up later on in the sale.

The benefits for the buyer are that they will have a better understanding and knowledge of what was found during the home inspection, which my play a part in their offer on the home.

If there are repairs to be made the seller might fix them prior to the sale or deduct the amount from the sale price.

After the completion of the sale the seller will feel confident that their home was sold in good condition and the buyer will feel comfortable moving into the home.

Always consult with a professional and keep copies of all paperwork.

You can find this article and more real estate information on my website at

www.veronicacabrera.com

Veronica Cabrera, Realtor

Independent Real Estate Broker

(714) 809-652

R.E. Lic. #0143140

veronicacabrera.com
veronicacabrerarealtor@gmail.com

Orange County, Riverside County, San Bernardino County, CA

Get Your Finances In Order

Get Your Finances In Order

Having your finances in order can ease every aspect of your life.

One of the most important things many of us need to understand is where our money goes.  

We all work hard for our money and each one of us spends or saves our money differently. When we plan where our money goes it makes our lives a little easier. When we think we have more money than we do, we tend to get into trouble financially.

Knowing how much money you make is very important. If you are paid on commission then you are probably watching your expenses closer than most people.

Many of us have heard that we should budget our money and for good reason. The way we handle our finances has a direct effect on everything in our lives.

When we are young we are told to save our money. As we get older we realize why.
When we are young we want to spend our money on candy and toys. When we get older we have to pay our bills. When we are younger we don't understand why we should make our money last. When we are older we have to find ways to make our money last.

Start with understanding how much money you have to work with and make a plan.
Figure out what bills have to be paid regularly, what possible expenses might come up, and how much money should be put aside for any financial emergencies.

"Regular" bills would be those like rent or mortgage, utilities, food, transportation and insurance. "Possible" expenses would be things like clothing, school supplies, sports gear and registration fees for the kids, entertainment, oil changes or new tires for your car. "Emergencies" are more likely to be things like the water heater or home appliances dying, mechanical car repairs or unexpected health bills.

The best thing to do is get your monetary affairs in order. Pay your bills on time and make sure that you check your credit report once a year. Checking your credit report will give you the benefit of knowing that you are in good standing with your creditors, seeing that your credit information has not been stolen, and if there are any conflicts they can be resolved before you need to make a major purchase.

It is very important to have your finances in order especially when thinking of purchasing a house. Your financial records are a major part of how much money a mortgage lender is willing to allow for your home purchase. Having good credit will show a mortgage lender that you are responsible. Having money in your savings account will benefit with a down payment.

You can find this article and more real estate information on my website at

www.veronicacabrera.com

Veronica Cabrera

Independent Real Estate Broker

Cell: (714) 809-6521

Email: veronicacabrerarealtor@gmail.com

DRE #01463140

Happy Thanksgiving!!

Greetings,

I would like to wish you and your loved ones a Happy Thanksgiving!!

Thanksgiving means showing gratitude for the things that we value the most. They are not the things that we can buy, but they are the things that we cannot put a price on. Family, friends, and our health are the most important things. During this season I wish you have all these.
Happy Thanksgiving!

Think of me for any of your real estate needs

Veronica Cabrera

Cell: (714)809-6521

Independent Real Estate Broker
DRE # 01463140



1250 S. Brookhurst ST Just Sold Condominium

Just Sold Unit in Brookhurst Condominiums

by Veronica Cabrera

November 3, 2012

1250 S. Brookhurst St

Anaheim, CA 92804

To dear clients (seller and buyer) from this transaction, thank you for your trust and business. We finally close the sale. I had been asking the seller for years to let me represent him whenever he decided to sell. Finally, he did and he hired me, thank you!

Mr. Buyer, I got the unit your wanted at better price that you know you could have ever got. Thank you for your patience and your great business. I proudly let you know that you are now a homeowner.

CONGRATULATIONS!

Veronica Cabrera

Independent Real Estate Broker
DRE # 01463140

714-809-6521

veronicacabrerarealtor@gmail.com

www.veronicacabrera.com



"Surf City Beach Derby" - Sunday, October 21st, 2012

The 2nd Annual "Surf City Beach Derby"

by Veronica Cabrera 

Will be held on Sunday, Oct. 21, 2012
Hosted at the Huntington Beach Pier

In addition to Live Surf Music and a Costume Contest ...
There are a variety of Athletic Events going on. 

They will have a 2K, 5K, 10K, and a Half Marathon Scramble.

Dick’s Sporting Goods has provided an Obstacle course on the sand.

There is also a Fun Obstacle Course built for kids ages 5-7.

The Surf City Beach Derby and Project Self-Sufficiency
are bringing the community together by creating this eventful day
 to help all of us remember fun times and create new ones !!

The 10 miler starts at 6:45am and the 10K will begin at 7:30am.

 The 5K will start in waves beginning at 7:30am and the 2K waves will begin at 8:30 am.
The Kids events begin at 9:30am.

 "Help raise funds to support Project Self-Sufficiency"

P.S.S. helps single parent families in transition by providing education, training support, transportation and housing assistance, links to the community and other networks of support.

For additional information and to register for the Surf City Beach Derby, please visit: www.beachderby.com or www.kinaneevents.com

It Looks Like a Lot of Fun !!

Veronica Cabrera, Realtor

Independent Real Estate Broker

(714) 809-6521

R.E. Lic. #0143140

veronicacabrera.com
veronicacabrerarealtor@gmail.com

Orange County, Riverside County, San Bernardino County, CA

Ways to Determine Home Values

Standard Ways to Determine Home Values

A comparative market analysis and an appraisal are the two most common and reliable ways to determine a home's value.

Your real estate agent can provide a comparative market analysis, an informal estimate of value based on the recent selling price of similar neighborhood properties. Reviewing comparable homes that have sold within the past year along with the listing, or asking price on current homes for sale should prevent you from overpricing your home or underestimating its value.

A certified appraiser can provide an appraisal of a home. After visiting the home to check such things as the number of rooms, improvements, size and square footage, construction quality, and the condition of the neighborhood, the appraiser then reviews recent comparable sales to determine the estimated value of the home.

You also can check recent sales in public records, through private firms, and on the Internet to help you determine a home’s potential worth.

You can find this article and more real estate information on my website at

www.veronicacabrera.com

Veronica Cabrera

Independent Real Estate Broker

Cell: (714) 809-6521

Email: veronicacabrerarealtor@gmail.com

Lic #01463140