Real Estate Blog

Signs You Are Ready to Buy a Property in Our Housing Inventory

In the past year, over 439,000 homes were sold in the state of California. Approximately half of the citizens in California rent the living space they reside in. If you have been renting a home or apartment for years, you know how restricting this living arrangement can be. The average consumer uses renting an apartment or home as a temporary solution. 

First time homebuyers are generally unsure about what this process involves. While buying a home can be stressful and time-consuming, you can make this process easier with some professional help. By working with the Marcel Cuschieri Group, you can find and purchase the home of your dreams. Here are signs you might notice when it is time to buy a home of your own.  

Your Financial Situation is Stable

When applying for a mortgage loan, you will have to quickly familiarize yourself with terms like debt-to-income ratio and closing costs. One of the first things you need to do before going out in search of a home to purchase is to get pre-approved for a mortgage. A lender will check your credit score to see if you are a good candidate for a loan. If you have recently paid off tons of debt and boosted your credit score, then you are probably going to have no problem getting approved for a mortgage loan. 

Mortgage lenders will also want to know how long you have been at your current job. This information tells the lender how stable your financial situation is. The longer you have been at your current job, the better your chances will be of getting the loan approval you desire. 

You Know Where You Want To Settle

With all of the great cities to live in the state of California, choosing the right area to settle in can be difficult. If you have done your homework and are confident in the area you want to settle in, then it is time to contact a member of our team. 

If you feel like Burbank is a good area for you and your family, you should check out this affordable three-bedroom, three-bathroom property in our housing inventory. This tri-level townhouse is over 1700 square feet. It is also located mere miles away from some of the best shopping, dining and park venues in all of Burbank. 

A Good Down Payment Comes in Handy

Another important factor you need to consider when trying to assess if you are ready to buy a home is the amount of money you have to use as a down payment. While there are some loan programs that don’t require a down payment, you will usually pay more for these loans in the long run. If you want to buy a luxurious property, like this move-in-ready home located in Saugus, CA, you need a good down payment. With a good down payment, you can actually lower the monthly mortgage payment you have to make. 

Buying the home of your dreams will be much easier with the help of the Marcel Cuschieri Group. 

 

Oldtown Newhall Boasts A Vibrant Community

Oldtown Newhall Boasts A Vibrant Community

Newhall, California, is quickly becoming a highly sought-after place to live. This hidden gem of a town hits all the marks when it comes to opportunities for work-life balance in a vibrant community. If you are considering a move to the beautiful community of Newhall, there is a lot to see and experience. Whether you are looking for family-friendly entertainment, upscale restaurants, or peaceful time alone, Newhall offers something for everyone.

Shops With Something For Everyone

Shopping experiences in Newhall are diverse; from handcrafted goods to the latest fashions, Main Street offers a one-of-a-kind shopping experience. Old Town Newhall has been revitalized and is bustling with shoppers who enjoy the many options of locally owned boutiques and niche shops. You’ll find something new every time you stroll through Newtown, and the surrounding areas offer the convenience of all the major retail options as well.

Local Fare

There is no shortage of delicious food in Oldtown Newhall. Boasting some of Los Angeles County’s finest fare, Newhall eateries offer dining experiences to suit every taste. Many residents of Newhall enjoy evening strolls to dinner with friends, and the community boasts local events throughout the year that offer a taste of the region.

With the perfect balance of family establishments and fine dining, your taste buds will be overwhelmed by the snacks, meals, desserts, and curated fine dining opportunities.

Environment Perfect For Entertainment

With popular venues like Canyon Theatre Guild and The MAIN, you will find unrivaled entertainment options year-round in Newhall. Thursdays@Newhall series is one of the community’s beloved long-running events that gathers all ages in town for arts and musical performances. Whether you are hoping to get involved with the arts or simply love to join in the fun, Newhall has just the ticket for you.

Life With A Historical Backdrop

Old Town Newhall is Santa Clarita’s oldest neighborhood and is steeped in history. Experience the Western Walk of Stars, the Heritage Junction, the William S. Hart Museum, and much more to discover why this area has been considered a gem for quite some time.

Housing That Fits Your Lifestyle

Newhall offers a wide array of homes that are perfect for all types of lifestyles and families. Professional realtors specializing in Newhall’s extensive real estate market can help you find exactly the home that fits your needs. Quiet streets for walking your dog, neighborhoods designed to inspire cook-outs, and a thriving community all await you in Newhall.

Real Estate In Hollywood And Beyond

What does it mean to work in one of the nation’s hottest real estate markets?

 

From the Hollywood sign, out in all directions, Southern California property in this area  is part of a hot market. It’s at a premium, and these neighborhoods are uniquely desirable, not just for people working in television, but for all sorts of buyers as this urban area continues to thrive and grow.

 

Here’s some of what we bring to the table in terms of facilitating excellent real estate deals all around Hollywood, Burbank and surrounding areas. 

 

The Power of Analytics

 

Real estate agents need to be good with numbers. They may not need to understand things like derivatives the way that Wall Street types do, but they need a good deal of professional acumen with property values and all of the surrounding math that goes on around a real estate deal.

 

Understanding that math to the point of offering shorthand to customers is one of the biggest services that a real estate agent can do in today’s market. These are complicated deals that take a lot of quantitative work and various touch points to complete, so having a knowledgeable realtor is a must.

 

Neighborhood Knowledge

 

We often say that without detailed neighborhood knowledge, a real estate agent is really just playing blind man’s bluff.

 

Another way to say that, though, is that the neighborhood knowledge and intimate understanding of the local real estate market is a much-needed skill set that promotes the confidence and capability that you need in the local real estate agent. This is not a generic market, and you don’t benefit from having a generic real estate approach here.

 

Dealing with People

 

The best real estate agents and many of their clients understand that at the heart of it, real estate is about dealing with people. If you’re not a mover and shaker with good people skills, you tend to lose out among the crowd, and deals are not as smooth as they could have been. That’s why the best agents make it their business to work well with all sorts of people to make deals happen.

 

Availability and Accuracy

 

Here’s a bonus set of skills that real estate agents really make use of in this industry. One is availability – making sure that you’re on hand when your clients need you, day and night, in order to make things happen on the way to the settlement table. Another is accuracy – communicating the right information, so as not to confuse the seller or the buyer, or anyone else who’s in the middle of one of these deals.

 

For more, check out our website. We serve sellers and buyers around these neighborhoods with the best local approach and knowledge of the market. Make us your agent for a successful deal on a dream property. 

 

 

What’s a Bloomburb? Growth in Santa Clarita

Have you ever heard of a “bloomburb?” What does this mean?

 

All you have to do to understand this new real estate term is look at the thriving little town of Santa Clarita, 30 miles west of downtown Los Angeles.

 

With around 200,000 people, Santa Clarita is not one of Los Angeles’ bigger communities, but is one that is growing quickly. As a top destination in the LA metro area, Santa Clarita is seeing its homes scooped up on the market, and getting a lot of interest from folks moving into the area, as well as current residents. 

 

Traditional Santa Clarita Landmarks

 

In Santa Clarita, you have Six Flags and the College of the Canyons. You have local businesses that everybody knows by name, and nice quiet residential streets where people keep up properties well. Then you also have a boom in new business, and demand for local housing that is putting Santa Clarita on the map (in bigger font.)

 

Santa Clarita is well served by Highway five. It’s easy to travel north to Castaic, or down to the San Fernando Valley. In fact, many people see Santa Clarita as a little haven nestled above San Fernando, where the Valley has already transformed into a grid of solid suburbia. If you live in Chatsworth or Van Nuys or Reseda (or any of those endless suburbs tied together by the valley’s gridwork), you might be thinking about getting away to a nice little spot like Santa Clarita. 

 

Yes, Santa Clarita is booming, and that’s why people call it a “bloomburb.”

 

A “bloomburb” is a suburb that’s experiencing rapid growth and expansion. Typically it gets harder to find plots of land to develop in the local area. These communities are hot real estate markets!

 

New Development in Santa Clarita

 

You can see all of this new development in Santa Clarita if you look on Zillow, or just cruise local streets. There are houses spring up down Tujunga way and in Santa Clarita proper.

 

Many of these new properties are really attractive to new buyers. They’re built with all of the amenities of home, and designed to fit into the traditional village look of Santa Clarita neighborhoods.

 

If you’re looking for a condo in Santa Clarita talk to the Marcel Cuschieri team. This experienced real estate agent group has served this area for years, and knows the ins and outs of Santa Cruz neighborhoods exceptionally well. We can help you to get in the door in this fascinating bloomburb!

 

Home Buying and Selling During the Pandemic: What You Need to Know

Resources to help you navigate the new real estate normal.

Technology and good-old-fashioned creativity are helping agents, buyers, and sellers abide by COVID-19 health and safety practices while getting deals done.

Some buyers are touring houses virtually. Others visit in person while remaining at least six feet from their agent. Sellers are hosting open houses on Facebook Live. Appraisers are doing drive-by valuations. Buyers are watching inspections via video call. Masked and gloved notaries are getting signatures on doorsteps.

“We have had to make some adjustments, for sure,” says Brian K. Henson, a REALTOR® with Atlanta Fine Homes / Sotheby’s International Realty in Alpharetta, Ga. “Everyone is trying to minimize face-to-face interactions. There have been some delays, but mostly, deals are getting done, just with tweaks.”

Here’s what home buying and selling during the pandemic looks like.

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