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Coachella Valley 3rd Quarter Market Review

COACHELLA VALLEY 3rd QUARTER MARKET REVIEW Year over Year Comparison July 1 - September 30, 2022 vs 2023 Now that the 3rd Quarter is behind us, it's time to do some comparisons.  How did our local real estate market perform for the first th...

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Why a Home Should Be Your First Investment

Real estate has been described as the basis of all wealth. Without considering income or investment property, buying a home to live in is an incredibly powerful way to build wealth or financial net worth. A home is an asset measured by the s...

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Paying Points to Lower the Rate

Two commonly known ways to lower your mortgage payments are to make a larger down payment especially if it eliminates private mortgage insurance and improve your credit score before applying for a mortgage. Another way to lower your payment ...

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I wish I knew then…

We have all heard this expression that implies that had a person known earlier in life what they know now, they would have done things differently. The subject possibilities are endless While no one has a crystal ball to see into the future, ...

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Your Home is a Hedge Against Inflation

The concern about inflation is the sustained upward movement in the overall price of goods and services while the purchasing value of money decreases. Tangible assets like your home consistently become more valuable over time. In inflationary...

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There’s more to it than you might think

  There is more to selling a home than you might think. After hearing stories from friends and reading the news, it's easy to think that homes sell themselves.  Put a price on it; photograph it; put a sign in the yard; and voila - you ...

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Will Soft Inquiries Hurt Your Credit Score?

Soft inquiries, sometimes known as a soft credit check or a soft credit pull, do not impact your credit scores because they are not attached to a specific application for credit. They can occur when a credit card issuer or mortgage lender che...

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Paying Down Your Mortgage

When the situation arises that you have a lump sum of cash to pay down your existing mortgage, there may be different options available. Pre-paying principal on a fixed-rate mortgage shortens the term of the mortgage but the payment stays the...

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An Easy Fix to Avoid a Flood in Your Home

Do you remember if or when you have replaced your washing machine hoses? Are they the original hoses and if so, how old is your washing machine? It is recommended that washing machine supply hoses should be replaced every five to seven years....

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In Search of a Big Mortgage

The Fannie Mae and Freddie Mac loan limits are adjusted annually to keep up with cost of living but with the appreciation experienced in many markets, it may not be enough. When the conforming loan limit is not enough, qualified buyers can tu...

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