Making The Move

The average homeowner stays in their home for 10 years. Here are some telltale signs it’s time to pack your bags and make the move.

1. It’s a sellers market… And you want in.

2. Your neighbors are selling and making the big bucks.

3. You were sick of feeling financially stressed.

4. You’ve grown – but your home hasn’t. You’re over the maintenance.                                                                              

Compliments of Mahesh Mike Patel
www.MikePatel.com

First Team Real Estate .  714-470-8600 Mike@MikePatel.com

I am never Too busy for your Referrals!

https://www.mikepatel.com/cma/property-valuation/

dre 01146880

Good Financial Habits To Keep You Debt Free

*Be mindful of spending.Whether you want to lower your debt or pay it off altogether. It"s crucial to be conscious of what you spend.

*Track your expenses to help you see where money is going.

Create and stick to a budget.

*Create a realistic budget that includes all of your normal monthly expenses.

*Remember any additional payments you plan to make toward paying down your debt.

*Pay off one debt at a time.Although you may be in a hurry to pay off your debt, the process takes time.

*Focus on paying down one debt a ta time until it is paid off completely.Not only will this keep you motivated to stay on track. It"ll also help you tackle your debt in a sustainable way.

*Continue building your  emergency  savings. While you're paying down your debt, continue to save money in your emergency fund.

*Make sure the amount you set a side allows you to comfortably stay on track with

your total spending.Include it as a line item in your budget so you treat it as another expense to pay.

*Keep contributing to your retirement.If money is tight ,consider only temporarily reducing your contribution and look for additional ways to make budget cuts.

*Make it a goal to increase your retirement funding as soon as you"re able.

Compliments of  Mahesh Mike Patel www.MikePatel.com .  dre 01146880

First Team Real Estate 714-470-8600 Mike@MikePatel.com

Call Me And Consider IT Done!

Down Payment Dilema?

One of the biggest misconceptions about the Home buying is the need for a 20% down payment .  Here are some unique ways you can get help with your down payment.

Compliments of Mahesh Mike Patel . First Team Real Estate .  dre01146880

www.Mikepatel.com 

Planning To Sell?  Think Like A Buyer.

Selling a home these days is very competitive if you want a top price for it and want to sell in the shortest possible time with list hassles.

If you're considering selling your home, there is a benefit of thinking of your house from someone else's perspective. Doing so may allow it to sell faster and potentially for more money. The information below outlines three questions to ask yourself to help you review your home objectively and differentiate it from other homes in the market.

1. What's the first impression of your home?
2. What are  the home's best features?
3. Which features should be minimized or improved?                                                                                                                    

If you would like to find the value of your home:  click on link below:

https://www.mikepatel.com/cma/property-valuation/

Courtesy of Mike Patel  First Team Real Estate dre #01146880 714-470-8600 Mike@MikePatel.com

Call Me And Consider It Done!

#planningtosell, #listmyhome #mikepatel #anaheimhillsrealestate . #anaheimrealestate #listyourhome

Active service military members and veterans make up the smallest group of home buyers. Check out what they're purchasing and how they're purchasing it. 

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Courtesy of Mike Patel,   

First Team Real Estate Christie’s International .   www.mikepatel.com

 714-470-8600    dre 01146880 

The Connected Kitchen

If you are considering a kitchen renovation, consider adding high-tech features to make the space timeless.

Cut the cords. There are many appliances that are now wireless and compatible with smart counter tops. Plus, a wireless kitchen reduces the number of cords, which is extremely important near kitchen sinks. 

Find a digital hub to manage your kitchen. Download apps that an help you take greater control over your kitchen by using voice commands or allowing you to directly turn on your oven remotely or access videos with step-by-step directions.

Make sure your new appliances are Wi-Fi enabled 

Appliances that can connect to the internet are the future, and some companies believe other appliances will eventually be outdated. Connectivity, for example, allows ovens to control the baking for you.

Consider a wireless charging counter tops. Wireless charging counter tops may become the "new quartz" When choosing a counter top, it may be a smart idea to skip the stone and opt for smart counter tops that charge your devices.

Courtesy of Mike Patel,   

First Team Real Estate Christie’s International .   www.mikepatel.com

 714-470-8600    dre 01146880 

69 million Americans live in 342,000 common-interest communities and the majority of owners say Homeowners Associations protect home values. Find out why.

90%

say association rules protect their investment and enhance property values

73% 

believe their community managers provide value and support to residents and their associations

Best aspects of living in a community association:

-Clean or attractive neighborhood

- A safe neighborhood

-A maintenance-free neighborhood

-Having the association help maintain property value

Worst aspects of living in a community association:

-Restrictions on exterior home improvements

-Paying dues

Courtesy of Mike Patel,   

First Team Real Estate Christie’s International .   www.mikepatel.com

 714-470-8600    dre 01146880 

No matter the age or life stage, everyone makes mistakes when it comes to home buying. From picking the wrong location to buying more house than you can afford, here are the top mistakes home buyers make at every age.

20's - Getting the Wrong Mortgage 

Some young buyers get adjustable - rate mortgages (ARM) because of the low intro rate, thinking they will earn more money in the future, Before getting an ARM, buyers should consider other cost-saving alternatives, such as an FHA loan.

30's - Not Thinking About the Future

It's important to consider whether you plan to start a family in the future when you're home shopping, even if you're currently single. A downtown studio or one-bedroom condo may not serve you well in a few years.

40's-50's - Overestimating Your Budget 

Buyers in this age range tend to have more money, which can lead to overestimating their budget and your budget is a critical step for buyers of all buyers. 

60's and up - Falling in Love With a Vacation Home

Many homeowners in their 60's are retired or close to it. One mistake retirees make is going on vacation, falling in love with a place, and moving immediately. Relocating and buying a home is an expensive process, so retirees should be sure they familiarize themselves with a new place before buying.  

Courtesy of Mike Patel,   

First Team Real Estate Christie’s International .   www.mikepatel.com

 714-470-8600    dre 01146880 

Buyers all ages want:

44% A 3 Bedroom Home      93% At least 2 bath 

Buyers 55 and older want:

28% Ranch style homes     

20% Privacy       

18% Physical comforts  

15% Stability 

 12% Contemporary style homes

Millennial buyers want:

17% Home that fulfills family needs

14% Stability 

10% Contemporary style

10% Colonial style

6% Ranch style home

Courtesy of Mike Patel,   

First Team Real Estate Christie’s International .   www.mikepatel.com

 714-470-8600    dre 01146880 

It's common Knowledge that location, crime and neighborhood comps can affect a home's value. But what are some of the more invisible factors that influence sales prices?

-The view angle from the backyard.

-Frontage length

-Backyard exposure to neighbors 

-Privacy 

-Backyard slope

Courtesy of Mike Patel,   

First Team Real Estate Christie’s International .   www.mikepatel.com

 714-470-8600    dre 01146880