CENTURY 21 Adams & Barnes' Official Blog

News, Photos & Up-Comming Events of the CENTURY 21 Adams & Barnes Sales & Marketing Team

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Tuesday, December 17, 2013

Negotiate your way into your dream home.

Whether you are buying your first home or looking to downsize after retirement, negotiation skills are crucial in getting what you want. Here are some tips for homebuyers trying to negotiate with sellers.

  1. It is always advisable for buyers to get preapproved, not just prequalified. Pre-approved buyers have an edge over potential buyers who have only prequalified for a loan. Preapproval means the buyer has attained a conditional commitment in writing for an exact loan amount from a lender. This saves time and a quick closing may be appealing to a seller.
  2. Do your homework before you make an offer. Confer with your qualified real estate agent to decide how much a property is worth. After researching comparables, crime statistics, local schools and considering the length of time the property has been on the market-make an educated and realistic offer. If you come to negotiations with facts to back up your offer, the seller may be more willing to meet your price.
  3. Find out the seller's motivation. Do your due diligence when it comes to finding out as much as you can about why the home is for sale. If a property is vacant, perhaps the owners are anxious to unload the property. It is important the sellers see a human face on the other end of the sale. This may work in your favor, though be careful not to over share with the sellers, exposing your motivation or finances.

As always, make sure to consult and/or visit our local REALTOR pros at either one of our office to assist you in the home busying process. We are always here to assist.



Monday, November 18, 2013

Move In Ready

This lovely home is in move-in-condition and shows pride of ownership! 

The living room is very spacious with a fireplace and a Formal dining room for entertaining. Light and Bright kitchen offers oak cabinets, tile counters and a breakfast bar which opens to family room with a beautiful brick fireplace. Very large master bedroom has 2 closets,ceiling fan, recess lighting, master bath, and sliding glass doors to the back yard. Incredible backyard with over 12,000 square feet, patio area, fruit trees, grape vines and completely fenced. The 2 car detached garage has an attached bonus room with a 3/4 bath. 

Don't miss this home!!!

Represented by Karen Straley. Call us today with your questions. 626-358-1858.







Tuesday, November 12, 2013

One of a Kind

Not since the late 1960's has an opportunity to purchase a majestic estate like this has been available in Monrovia

On a large parcel of beautiful grounds the house boasts over 6499 square feet of Spanish style beauty designed by architect John Byers. The front door is located on the vast welcoming front porch. The entry way will marvel you as you consider the many details in the construction and hand hewn wood. The grand front stair way has a breathtaking ceiling , walk ways and balconies that leads to the properties many bedrooms and master suite with dressing rooms. 

The formal dining room with original wood floors and ceiling,and doors , breakfast room and incredible living room and library also with original wood floors and incomparable ceilings. the kitchen is large with a separate room, and butlers pantry. large laundry room. 

The estate grounds are full of opportunities, a serene and private courtyard surrounded by lushness and a fountain in a pond. A large swimming pool with a 3 room cabana and bathroom. located at the northwestern section of the property. These are just a few of the great amenities, charms histories and opportunities this special place offers. We invite you tour an example of fine living from a different time.

Price and further details are available upon request (626-358-1858). Listed by Deirdre Duke of CENTURY 21 Adams & Barnes

Photos by Hugo Torres

Photos by Hugo Torres

Photos by Hugo Torres

Photos by Hugo Torres

Photos by Hugo Torres

Photos by Hugo Torres

Monday, November 11, 2013

The Pros/Cons of condo living

Condo living can have its perks. However, when contemplating the purchase of a condo instead of a house, it's important to weigh both the pros and cons. Here are some factors to consider.

Cons:

  • Close quarters. If privacy is important to you, maybe condo living isn't for you. Neighbors are often right across the hall or on the other side of a wall. Unlike a single-family dwelling that may offer trees and a perimeter fence for privacy, expect to share space with others.
  • Association fees. A monthly fee, independent of your mortgage, goes towards the upkeep of the property. When considering a purchase, it is crucial to factor these fees into your overall budget.
  • Resale value. When it comes time to move, if there are a lot of units available in your building, expect fierce competition.
  • Rules and regulations. Unlike a home, condo owners are subject to rules and regulations, and suffer financial or legal consequences for violations. Frequently there are restrictions on renovations, noise and even the size of pets that are permitted.

Pros:

  • Repairs. Any maintenance or repairs in your building are not your responsibility. Don't worry about the torn shingles, leaking roof or broken furnace, your association fees will cover it.
  • Security. Many condos offer extra security, such as a doorman and gated entries. Also, with so many neighbors, help is never far away.
  • Added perks. Some complexes offer amenities that are out of reach to many homeowners, such as a clubhouse, fitness center or a community pool.

Monday, October 21, 2013

Financial mistakes to avoid for first time homebuyer.

The home buying process can be overwhelming and navigating through the financial pitfalls can be an arduous endeavor. Here are some financial tips to remember when buying your first home.
  1. Improve you credit score. Review your credit score before applying for pre-approval. Pay down your debts and don't make any large purchases that will drastically alter your score.
  2. Get pre-approved. Pre-approval usually means the lender is ready to make you a mortgage loan after thorough research into your finances. Pre-approval gives you an accurate idea of what properties are in your price range, and could give you a competitive edge in negotiations.
  3. Set a realistic down payment. Don't put all of your savings into your down payment. Although a down payment of more than 20% of the overall cost of the property may save you from paying mortgage insurance, you may want to think twice about leaving yourself without a cushion.
  4. Think big picture. Consider a long-term budget and factor in all additional expenses of homeownership. Taxes, utilities, home insurance, maintenance, and even pricey repairs should be part of your budgeting.
  5. Consider re-sale value. Even though future resale is the last thing on your mind when buying your property, it is a practicality to consider. A home that appeals to the majority of buyers, in an ideal location with a reputable school system may be a wise investment.
  6. Consult with a financial profession and mortgage consultant for more guidance.

About CENTURY 21 Adams & Barnes

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Monrovia, California, United States