CENTURY 21 Adams & Barnes' Official Blog

How to wow potential buyers with your Open House this Spring.

2012-02-13T11:00:00.000-08:00

The goal of every home seller is to sell his or her home asefficiently as possible for the highest price. Every seller should clean andstage their home for potential buyers, but see below for what projects shouldbe completed before you put your home on the market.

If it’s broke, fix it - This is crucial in the selling process. Repair the broken cabinet or loose railing before buyers view your home. Damage detracts from your home and may make buyers question what else you have not maintained.
Shades of grey - Interior paint is inexpensive and revitalizes a space. Covering scratches or wear and tear with fresh neutral paint is aesthetically pleasing and even creates that ‘new home’ look and smell!
Floored! - Transform your space by refinishing wood floors, updating tile or professionally cleaning any carpeting.
First impressions - Consider replacing your front door, as this is an investment that often pays for itself in the final price of your home.
Subtle accents - Fixtures and hardware, such as cabinet knobs, faucets, light fixtures and door handles can be relatively inexpensive and done without a professional.
Clear view - Upgrading old windows throughout a home makes a big difference both inside and out.
Keep up the facade - Garage doors often account for a large percentage of a home’s front facade. Similar to the front door, homeowners who upgrade or update their garage doors, may see a good return on their investment.

How to wow potential buyers with your open house this Spring.

2012-02-06T11:32:00.000-08:00

According to the NationalAssociation of REALTORS®, sellers enjoy a bump in home sales during the spring and summer months. There are severalfactors that lead to the rise in sales; children are on summer break, the holiday season is over, idealweather for visiting homes, and overall, schedules are often more flexible. Parents are morelikely to coordinate a move during the summer months, especially when a move entails changingschools. Also, packing and unpacking moving vans is much easier whenyou don’t have to contend with cold temperatures or ice and snow!

Take advantage ofthe market upswing and make the most of your spring open house. Capitalize on curb appeal and ensure your landscape isup-to-date. A newly mowed lawn and freshly planted flowers make a great first impression that potentialbuyers will remember. Remove any clutter that may detract from your outdoor space, such as toys,bikes or gardening tools. Clean outdoor furniture so buyers can linger and if you have a poolmake sure it is clean and inviting.

Once inside,potential buyers get to see your home in the natural light, so clean thosescreens, windows and sliding glass doors inside and out! Aswith every open house, no matter what the season, your house should be clean and organized,smell fresh and personal photos kept at a minimum. Attention to detail goes along way, so fix that creaky door, tighten that loose floorboard, and paint over any scuffmarks. Lastly, remember toserve refreshments, think fresh pies to celebrate the season!

Welcome Colonial Folks

2012-01-31T11:06:00.000-08:00

From Our Poet Laureate Jim Gupton Welcoming our Joining CENTURY 21 Colonial REALTORS:

Here at Adams & Barnes,
we are a really happy crew.
If you're here from Colonial,
it is our pleasure to welcome you.

We hope you find us friendly
and a good place to be.
Everyone wants to make you comfortable,
as soon as you will see.

So come on in the coffee is hot,
soon Judy will assign you a spot.

Welcome to CENTURY 21 Adams & Barnes

CENTURY 21 Adams & Barnes Grows Market Presence Through Merger With Area Real Estate Brokerage

2012-01-25T13:56:00.000-08:00

CENTURY 21Adams & Barnes is pleased to announce the Merger With CENTURY 21 Coloniallocated in Covina. The company will continue tooperate under the CENTURY 21 Adams & Barnes name and specialize in propertysales.

“Asrespected and innovated real estate brokerage companies in their own right, thecoming together of these brokerages means a heightened level of service forarea home buyers, sellers and owners,” said Tom Adams, broker/owner of CENTURY 21 Adams &Barnes. Bobby Compton, Co-Owner of CENTURY 21 Colonial stressed the importanceof growing together as a company that shares the same values, the value ofalways putting our clients ahead of ourselves.

Throughthis merger CENTURY 21 Adams & Barnes now stands as one of the fastestgrowing real estate brokerages in the eastern San Gabriel Valley with over 100 active licensed salesprofessionals.

"Themerging of our two long-established businesses is truly exciting"exclaimed Mr. Adams addressing his team, "we look forward to building oneach office's unique heritage while focusing on common goal and supporting ourclients' real estate needs. Our shared strengths will allow us to expand ourservice capabilities to the residents of the neighborhoods that surround ourlocation. This is an exciting time to be affiliated with CENTURY 21 Adams &Barnes and we look forward to more exciting news in the months to come."

To learnmore about the CENTURY 21 Adams & Barnes team, visit their site atwww.c21ab.net or stop by their offices in either Glendora or Monrovia.

Super Bowl XLVI is right around the corner, and so is the CENTURY 21® Super Bowl Commercial!

2012-01-16T10:38:00.000-08:00

For the first time in the 40-year history of our brand, wewill air a commercial during the most watched television event of theyear.

The Super Bowl has a unique place in American television: when the commercialsair, viewers actually start paying more attention to the broadcast. Did you knowthat over 111 million people are expected to watch this year's Super Bowl,and I hope you will be watching and see CENTURY 21 Agents right in themiddle of it!

On February 5th, tune in to your local NBC station to watch as CENTURY 21 RealEstate takes a new place in history! We are sponsoring a full half-hoursegment in pre-game, and we air 11 pre-game commercials during that day.And of course, as our finale, our special :30 Super Bowl commercial willair in the 3rd quarter of the game itself.

Don’t forget to watch and vote for us! You’ll see exactly how to cast your votefor your favorite commercial on Super Bowl Sunday at century21.com.

How sellers can assists for an efficient closing.

2012-01-09T14:43:00.001-08:00

Your home sale is almost complete; the onlything left is the closing period. Inconvenient delays in the sellingprocess as a result of a problematic closing are usually avoidable. Here aresome tips on how the seller can help ensure a smooth closing.

Fix the problem. Don’t hit a snag in the final walk through,repair any defects or damage that you agreed to fix during the inspectionprocess. Also, remember to maintain the condition of your home from thetime of inspection to the final closing date. Otherwise there may be delaysor financial concessions.
Be aware of any closing costs you are responsible for andbring a certified check.It is your responsibility to be aware of deadlines! Thereare often timelines to accept or reject requests and specified dates within the contract.
Present the title and be open about any liens, or unpaid HOAfees, they will be apparent in the title search anyway and there may be asolution your lender and agent can devise.
Bring a photo id to the closing. You will be signingofficial documents at the closing, so it is imperative to bring your licenseand it’s always a good idea to have backup.
Bring house keys, garage door openers, alarm codes and anyappliance instructions or warranties you have for the new owners. As a kind gesture, it is nice toprovide the new owners with maintenance contacts, such as phone numbers for landscapers,handyman, babysitters, pool services etc.

Benefits of Buying A Home In Winter

2012-01-03T13:32:00.000-08:00

Typically, home sales are strongest in the spring and summermonths; however, there are several
advantages to shopping for homes in the fall and winter. Sellers are often moremotivated in the winter and
may be willing to negotiate terms such as price, repairs, and even a closingdate. The rule of thumb is that
anyone braving the elements (or taking the time during the busy holiday season)to view a home is a
serious buyer, and the same can be said for those who leave their homes on themarket during this time
and continue to have viewings.

Fewer buyers in the marketplace during these months mean less competition and abetter chance of
getting a home at a lower price. Also, potential buyers in the winter monthshave the luxury of spending
more time researching homes without as much concern of losing a house toanother party. When viewing
a home in the cooler months buyers get a realistic idea of a home’s energyefficiency. Pay attention to the
thermostat temperature and take note of any drafts in the home. Trees withoutleaves give potential buyers
an accurate picture of the privacy (or lack thereof) from neighbors or thestreet.

Because the majority of moves take place in the warmer months, moving companiesmay be readily
available when it comes to your desired move date and even flexible on theirrates.

Happy Holidays from CENTURY 21 Adams & Barnes

2011-12-23T13:09:00.000-08:00

We are nearing that time of year when we start looking back at the accomplishments of the last twelve months and begin to gear up to tackle the plans laid for the year ahead.

Before the hustle-and-bustle of the upcoming holly days begin, our team at CENTURY 21 Adams & Barnes would like to thank each one of our past and present clients for your trust and confidence in our skills. Together, we have make dozens of dreams come true for our clients. From a young family's first home to the new location for a burgeoning local small business. Despite the roadblocks of this market, our teams of client and REALTORS have achieved so much.

In 2012, we begin a new chapter. As our company continues to grow we look forward to the real estate adventures that lay ahead.

But for the time being we are grateful for you, our clients and give you many-a-thanks.

We join in celebrating with you this special time and wish you a prosperous New Year.

Your Friends at
CENTURY 21 Adams & Barnes

Five Winter Lawn and Landscape Tips

2011-12-12T10:37:00.000-08:00

As winter comes into full swing, follow these five landscape tips to prepare your vegetation for the colder months.

Gradually lower the mowing height of your mower. Any young growth makes your lawn more vulnerable to winter diseases which can leave you with a dried out brown winter lawn. However, trim the lawn gradually in several steps to avoid suddenly removing all the green leaf tissue and damaging the turf.
Clear your lawn of any debris that can smother your grass. Toys, kid pools, and other items should not be left of the grass and turf, especially if you live in a climate that may cause snow.
In late fall, be sure to give your lawn a final fertilization. Inactive during winter, your lawn won't use the fertilizers immediately but will store these nutrients in its root system and process them at the first signs of spring.
Aerate your lawn before the season’s first frost. A thorough aeration coupled with fertilization, will set the stage for healthy spring vegetation and growth.
Research what plants thrive in your region. Apply this knowledge when planning your spring planting.

Our team of REALTORS can help guide you this season as you prepare your home for sale. Contact us any time at 626-358-1858 - Monrovia or 626-963-7621 - Glendora.

How Do You Succeed In Real Estate For 20 Years? | Century 21 Blog

2011-12-05T09:28:00.000-08:00

Get to Know Our Own - Karen Taylor-Straley.

How Do You Succeed In Real Estate For 20 Years? | Century 21 Blog

Common Contract Contingencies

2011-11-28T10:34:00.001-08:00

When buying orselling a home, contingency is an important part of the process. It is a formalstipulation that protects the interests of both buyers and sellers.Contingencies enumerate particular conditions that must be met for the sale to befinalized, and if they are not fulfilled, the buyer or seller may back out
of the contract without penalty.

Some common contingencies are:

Financing - The financing contingency refers to the buyer’sability to procure financing for the property. This could include the termsof the loan, including the interest rate, length and type of loan.
Appraisal - The appraisal clause is necessary so theproposed property value can be substantiated for the lender.
Inspection - A home inspection could reveal any issues ordefects and the buyer can ask for repairs, or renegotiate the sale price.You also have the opportunity to review paperwork affecting thetitle such as a Preliminary Title Report which may outline liens or other titleissues that must beaddressed before escrow closes.
Buying or Selling of Property - Often, the sale may becontingent on the seller’s purchase of a new property or the buyer’s ability tosell his existing home.

These are justsome of the details that experienced and well-trained agents know how toaddress and why we recommend working with a REALTOR
for the sale or purchase of yourhome.

Our team is here to help make allyour transitions easier. To talk to any of our CENTURY 21 Adams & BarnesREALTORS please call us at 626-358-1858 or 626-963- 7621. Are you a fan? Join us on Facebook or follow our Tweets today.

C21 Real News - November 2011

2011-11-22T12:23:00.000-08:00

Make moving fun for the whole family with these 5 family tips.

2011-11-21T11:39:00.001-08:00

Moving can be a stressfulexperience for adults and children as well, but it doesn’t have to be! See below for five tips on how to make moving a positive experience.

Talk the talk - Communicate with your children and encouragethem to discuss any apprehension they may have about moving. Brainstorm and find solutions toalleviate any fears. Remember, technology makes it easy to keep in touch with old friends with videochats, emails and social networking sites.
Explore your surroundings - Go for a family bike ride andlearn what your community has to offer. Check out the local ice cream parlors, bike paths, dog parks, hiking trails orspecialty restaurants. Familiarize your children with the neighborhood so they are atease.
Take out and stay in - Plan a family sleepover at the newhouse, even before the furniture is shipped. This will be an adventure for the whole family and together time inthe new home often makes children feel more secure and less overwhelmed in their new surroundings.
Designer room - Give your children paint color options sothey can decide on the color scheme of their bedroom. It may be helpful to set aside a special box with their favoritethings from their old room to incorporate into the new space.
Integrate - Involve your children in local teams andactivities. Most moves take place at the end of the school year, so by enrolling your children in clinics, camps and sports youare providing them with an opportunity to make friends with future classmates.

Our team is here to help makeall your transitions easier. To talk to any of our CENTURY 21 Adams Barnes REALTORS please call us at 626-358-1858 or 626-963- 7621. Or join us on Facebook or follow our Tweets. Our team is always just a click or phone call away

Team Adams & Barnes Walks for Hope at City of Hope

2011-11-14T09:53:00.001-08:00

Walk for Hope at City of Hope in a cherished tradition at CENTURY 21 Adams & Barnes. This year, our team of walkers braved low temperatures and aggressive rain at the early morning's festivities. They weren't alone though as thousands of spirited walkers joined them in their effort to fight answers towards the disease of cancer.

Overall, the CENTURY 21 Adams & Barnes team raised over $2,500 which made part of the $1,000.000 plus figure raised for the event by all attendees (a Walk for Hope record).

Afterwards, the team headed to Jake's Road House in Monrovia for a team breakfast and debrief (Relay for Life - Monrovia is just around the bend).

Can't wait to do it all over again in 2012.

See You In New Orleans

2011-11-10T15:46:00.001-08:00

The Adams & Barnes team Walks for Hope

2011-11-06T15:37:00.001-08:00

This Sunday morning, the crew at CENTURY 21 Adams & Barnes braved the rain and "Walked for Hope" at City of Hope.

Joining thousands of fellow Cancer fighters and countless survivors of the disease the team walked the 5K course through the City of Duarte and the City of Hope campus.

The Walk is a tradition for many at Adams & Barnes real estate sales family and this counts the first time when the team has endured chilly rain and mid-50s temps.

We look forward to taking part in the Walk next year and we are confident that the efforts of all those in attendance will help find a cure to this terrible disease.

Joann looks forward to 2012 Conference

2011-11-04T15:45:00.000-07:00

A Word from Cindy Luongo

2011-10-27T13:33:00.000-07:00

I have been in the Real Estate industry for over 18 yrs and ever since I made the move to CENTURY 21 Adams & Barnes my business has grown and flourished.

The positive atmosphere and support the Adams & Barnes Team has given me compares to none.

State of the Art Technology and Training keeps us focused and knowledgeable in this complex market. It is so important to have that "edge" when we go out there and service our clients.

Our Broker and Managers have trained us to go out there and work with the highest levels of Integrity.

Tips For Selling Your Home This Fall

2011-10-17T14:13:00.000-07:00

No matter what the season, or where you live, remember the tried-and-true tips when presenting your home
to potential buyers. It is always important that your home is neat, organized, clean and clutter-free during an
open house or private showings. However, here are some ideas on how to take advantage of the fall season
to really make your house stand out.

‘Tis the season - spruce up your entryway and yard with plants that thrive in the fall like
chrysanthemums. A cornstalk or pumpkin on the front porch, or a decorative fall wreath on the front
door is a nice touch…though all accents should be in moderation.
Safety first - Don’t forget to rake the leaves, as they can be slippery on sidewalks and steps. Also,
scattered leaves may detract from your home’s facade.
Sugar and spice - Capitalize on the season with scented pinecones or cinnamon sticks to create
warm fall aromas inside your home.
Rain or shine - Depending on the weather, you may need an indoor mat so the floors don’t become
treacherous.
Warm hearth - A fireplace is a desired feature, make it a focal point of your open house with a fire and arrange the furniture accordingly.
Food for thought - It’s always good to provide delicious treats during an open house so potential buyers linger. Warm pie, hot apple cider, for fresh cookies and milk are good selections for a cozy fall snack that will make potential buyers feel at home.

Consult your favorite CENTURY 21 Adams & Barnes Sales Professional for more tips on how to make the most of your home in the autumn season. Contact us today at 626.358.1859 / Monrovia or 626.963.7621 / Glendora and/or visit us on Facebook at: www.facebook.com/century21adamsandbarnes

10 New Kitchen and Bath Trends

2011-09-12T10:31:00.000-07:00

Enjoy keeping up with the latest trends in kitchen and bath design? Here are the most popular new designs from the National Kitchen & Bath Association.

Concealed kitchens - Concealing appliances enhances the kitchen’s ability to be a primary living and entertainment venue. Clean lines and sleek colors create a unique identity without overpowering nearby rooms.
Beverage stations - This area usually includes an undercounter refrigerator, wine cooler and coffee maker.
Scaling of elements - Shapes, textures and fixtures are used to create scale. Whether it’s a marbled surface in tile, a tin ceiling or metallic material, it can be used to direct the eye around the room and create a balanced space.
Bold colors - Look for splashes of bold color—particularly rich blues, purples, greens and yellows.
Soft geometry - Rounded shapes on countertops, light fixtures and soffits help smooth traffic patterns and soften features.
New use of space - Fixtures such as floating vanities and wall-mounted toilets remove obstructions and make baths feel spacious.
Framing - A simple detail such as a soffit along the ceiling or blank wall space surrounding inset cabinets can set off and emphasize elements while creating a focal point.
Varying heights - Islands, countertops and walls are being customized to homeowner needs. Varying heights are not only functional but also create balance.
Japanese influences - Look for clean lines, open spaces and neutral colors with bold splashes of color. Japanese artwork and antiques are becoming popular as well.
Art integration - Kitchens and baths are being personalized with paintings and sculptures.

5 tips to know before you hire movers.

2011-08-22T15:46:00.000-07:00

Moving can be a stressful experience but hiring the right moving company can ensure a smooth transition. Check out the tips below on how to select the best company for you.

Do your research. Talk to friends and neighbors for recommendations and warnings. Research prospective moving companies on the Better Business Bureau's website. Call and ask how long they have been in business, how much experience their packers and drivers have, and, if necessary, if they're licensed for interstate transport.
License to drive. Verify the status of the moving company's licenses with the US DOT and State DOT (as appropriate). Check their credentials and make sure they offer liability insurance.
Get an in-home quote. A company that provides an estimate over the phone may then charge more on the day of the move by claiming that there was more inventory than expected. The Department of Transportation's Federal Motor Carrier Safety Administration (FMCSA) requires an interstate mover to give you an in-home estimate if your current home is 50 miles from the mover’s (or the agent’s) place of business. You’re entitled to get the full quote in writing, which should itemize all charges associated with the move.
Compare and save. When it comes to getting a fair quote, let market competition work for you.
A picture is worth a thousand words. A legitimate mover should inventory your property before the move to make sure nothing is lost, but photos of all valuable property provides extra protection if you need to file a claim.

Your may reach our agents who know the local moving experts at 626.358.1858 or at 626.963.7621. Or you may visit us on Facebook at facebook.com/century21adamsandbarnes

What not to do before buying a home!

2011-08-08T10:18:00.000-07:00

A lender will examine your debt-to-income ratio to qualify you for a mortgage. Debt-to-income ratio is the percentage of your gross monthly income, before taxes, that is reserved to pay down debt. If you're serious about buying a home avoid these common mistakes that will compromise the amount of your approved loan:

No new debt! Delay large purchases, this includes jewelry, vacations, appliances and especially vehicles. Hold off on buying a new vehicle, as a sizable monthly car payment can push the debt-to-income percentage over what lenders feel is a safe limit, and you may be denied the loan or have to settle for a smaller loan.
Do not co-sign on a loan for anyone else. Although you will not be making the payment, the lender still views this as your debt.
Don’t move money around. A lender will require you to supply bank statements for all your accounts during recent months. Any large deposits or withdrawals will be red flags to the lender, and may slow or inhibit the escrow. Changing banks is also unadvisable. Remember, the simpler your finances are, the better.
Avoid changing jobs. When you change jobs, it can be difficult for lenders to predict future earnings. Any major career changes, such as corporate employee to self-employed, should also be delayed. Remember, the lender will look two years back and average your income. Anything that will make that process difficult is a bad idea.

For more tips on the home buying process reach out our way.

Your may reach our agents who are local experts at 626.358.1858 or at 626.963.7621 . Or you may visit us on Facebook at facebook.com/century21adamsandbarnes

5 things to consider when choosing the best home for your needs.

2011-07-11T09:38:00.001-07:00

When selecting a property there are several major factors to consider. Compromise is expected in the home buying process. You can always upgrade laminate countertops to granite or factory cabinets to custom, but be aware of the essentials you need in a property before you buy.

Location, location, location. This is one thing that you cannot change! Where you buy will most likely be at the top of your necessity list. Do you need easy access to highways for your commute to work? Perhaps you need to be near public transportation because you do not have a vehicle. Save yourself time and money by focusing only on areas that work for you.

Education. Public schools dictate enrollment according to school district boundaries. You may be surprised to find where lines are drawn. Are you trying to move, or stay in, a highly rated district? You may wish to visit area schools to get a feel for which place is best for your family.

Crime doesn’t pay. Research the local crime rates. Some neighborhoods experience higher levels of crime, both violent and petty. Safety to you and property are valid considerations.

Be neighbor conscious. Your property value is affected by the condition of the prospective neighborhood. Be sure to drive up and down adjacent streets. Are homes and yards in good repair? You want neighborhoods that reflect care and attention.

Size matters. Take the lot size into consideration; if you need more living space is there room to expand? Check local zoning laws to verify you can build up or out.

Locally, there are other key items to consider and that is when an area experts help make a difference in the home buying process.

You may reach our agents who are local experts at 626-358-1858 or at 626-963-7621. Or you can visit us on Facebook at facebook.com/century21adamsandbarnes

Showing & selling your home while owning pets.

2011-06-13T10:42:00.000-07:00

When preparing your home for an open house our CENTURY 21 Adams & Barnes professionals strongly encourage homeowners who have pets to relocate the animal during viewing hours. This protects your pet from the common occurrences that come with foot traffic, such as an open front door or a gate that wasn’t shut properly, in addition to the stress of unfamiliar people in the home. Restricting a pet to an area within the home also limits the area potential buyers can view, so removing the animal from the home is ideal. See below for our tips to sell your home when you have
pets.

Lawn Maintenance. First impressions last so remove any droppings from your lawn.
Neutralize Odors. Litter boxes, training pads, pet beds should be thoroughly cleaned or
temporarily taken out of the house to eliminate any offensive odors.
Vacuum. Pet hair is unsightly, as are stains, so remember to sweep or vacuum all floors,
rugs and furniture. Professional carpet cleaners may be necessary to fully eradicate any
pungent odors or stains.
Purify Air. Some would-be buyers may be allergic to pet dander so in addition to vacuuming,
change all air-conditioning filters. Remember, if a potential buyer is hit with an allergy attack
entering your home, odds are they will not stay to see the rest of your home.
Declutter and Depersonalize. Food bowls, pet toys, beds, crates and medicines should be
stowed out of sight
Repair Any Damage. If your pet has chewed through your fence or scratched the front door,
repair or replace it so it doesn’t detract from the space.

Your may reach our agents at 626.358.1858 or at 626.963.7621 . Or you may visit us on Facebook atfacebook.com/century21adamsandbarnes

How to Remodel with Potential Buyers in Mind

2011-04-04T10:56:00.000-07:00

When you are remodeling your home it is important to strike a balance between your needs, the
needs of future potential buyers. According to Remodel Magazine’s Cost vs. Value Report,
homeowners can typically expect to recoup over 70 percent of what they pay for a minor kitchen
remodel. Focus on the basics, like cabinet resurfacing, countertops, and flooring but stay away from pricey hand-painted tiles or built-in espresso machines. Remember, bold or unique product
selections such as orange cabinets or red countertops will likely alienate future buyers, so stick to
neutral themes.

Do your research to determine what remodels yield the highest return on your investment. When selecting an area to remodel be conscious of your neighborhood. Remember, your location is a large indicator of the price you can expect from future buyers, so if you do indulge in high-ticket items, enjoy them, but don’t expect a large return on your splurge. Currently, the remodels with the highest returns are: entryway doors, garage doors, finished basements or attics, and vinyl siding.

To learn more or to speak with one of our REALTORS, contact our office today at 626.358.1858 or 626.963.7621.

The CENTURY 21® System Offers Training for Associates at All Levels

2011-02-14T16:21:00.001-08:00

In an ever-changing real estate market, it is critical to be ahead of the most current industry trends and what it takes to be competitive. The CENTURY 21® System has one of the best training teams in the industry, as evidenced by our 2009 Training Magazine’s Top 125 award.What could be better than being part of a company that has award winning training for sales associates? The answer is simple, being part of a brand that offers affordable award-winning training for sales associates.

REO, Short Sales, Blogging, Social Networking – just a handful of buzz words being tossed around in real estate these days, important buzz words that have real estate professionals’ heads spinning. The CENTURY 21 training organization stays up-to-date on what is going on in the industry, and then creates useful training programs on current topics, designed specifically to help our agents be among the most knowledgeable professionals in the industry.

Take a look at this list of training topics available at no cost to all CENTURY 21 Agents:

Attitude: Persevere and Stay on Track, Contact Management Made Easy, Social Networking, Developing an Online Business Plan, Blogging for Online Visibility, REO and Short Sales Overview, Going Green, Anatomy of a House, Staying in Touch With Clients, How to Have an Open HouseWhether you are new to the real estate industry or a seasoned veteran, there is always something new for you to learn. Our training department has created a curriculum designed to offer something for everyone, regardless of experience level.This curriculum can be broken down into four categories:

Sales Skills – including the popular CREATE 21® Golden Edition program, Capitalizing on Market Dynamics, the Success Series, and a compilation of many live, online free training classes.

Coaching and Accountability – consists of our Productivity Enhancement Program (PEP) with a web-based reporting dashboard and participation of the sales manager.

Niche Markets & Specializations – learn how to grow your business and expand your knowledge with programs focused on CENTURY 21 Fine Homes & Estates®, New Home Sales, Mature Moves and Commercial Brokerage.

Designations –Perception is everything! If you want to be perceived as an expert, pursue a designation or certification. We have many to choose from. Courses such as CENTURY 21 Global Referral Network Sales Associate and Accredited Buyer’s Representative (ABR®) are available.

Of course we are just scratching the surface of what is available to all CENTURY 21 System Sales Associates. We have an Online Resource Library with dozens of topics, including How To’s, Agent Scripts, and Agent Tools. by Design, Marketing Yourself as a Real Estate Expert, and More!

Five Reasons Why Owning a Home is Better Than Renting

2011-02-14T15:41:00.000-08:00

The housing market is on the mend in many parts of the country, but media reports about falling prices and foreclosures may still be making you hesitate before taking the plunge and buying a new home. The truth is this: There’s never been a better time to buy a home.

Low interest rates, a great supply of houses from which to choose, and motivated sellers are just a few of the reasons why now is a great time to buy. But there are many other advantages to owning a home, rather than renting. Here are just a few:

The potential to build equity. Sure, there are still reports of falling prices in some parts of the nation. But, in general and over time, you are likely to build equity in your new home. Plus, if you stay in your house long enough, you will ultimately pay off your mortgage and own it outright.
Tax savings. For many, the interest on a home mortgage, and real estate property taxes, are tax deductible. Rent is not. Check with your financial advisor for more information.
Control. Want to remodel your home, repaint the exterior or plant some flowers? If you own your own home, you are free to do so, subject only to local zoning ordinances and homeowners association or condominium rules. If you rent, you cannot make these changes unless the landlord agrees.
Stable housing costs. If you have a fixed rate mortgage, your principal and interest are fixed, and your payments are predictable. But a landlord can raise your rent.
Pride of ownership. If you purchase a house, it’s yours! To many, owning a home is the very epitome of the American dream. And, with a sense of permanence, you will establish roots in your community.

Would you like to learn more about the advantages of home ownership or take advantage of today’s opportunities? Give our CENTURY 21 Adams & Barnes offices a call today to learn about available homes in your area. 626.358.1858 - Monrovia / 626.963.7621 - Glendora.

The CENTURY 21 System Launches Innovative Tool

2011-01-24T10:26:00.000-08:00

Have you recently listed your home for sale, or do you plan to do so soon? If so, then you probably understand the importance of marketing your property on the Internet. After all, a recent National Association of Realtors survey of home buyers and sellers found that about 90 percent of home buyers use the Internet to search for a
new home.

CENTURY 21 home listings typically appear on over 500 websites, which provide extensive exposure for our listings. With so many websites, however, it can be overwhelming to monitor the effectiveness of online marketing efforts. That’s why the CENTURY 21 System has introduced an exciting new tool that will make it easier for CENTURY 21 Agents to monitor the online activity of their listings—and to keep sellers up to date on who’s looking at their homes online as well as any leads resulting from those views.

Called “The Golden Ruler,” this reporting tool also helps Agents keep better track of online listings and their marketing efforts. That means that sellers will have more extensive information, in real time, as to how their online listing is performing.

The Golden Ruler is an innovative way that CENTURY 21 supports the online marketing efforts of our sellers and Agents.

The Golden Ruler will not only keep sellers up to date on which websites their homes are listed on, but it will also indicate the number of page views, visits and leads.It provides information about the geographic area that leads are coming from and how similar properties are performing within the CENTURY 21 network of websites as well.

Interested in learning more about The Golden Ruler and other tools we use to market our listings? Give our CENTURY 21 Adams & Barnes offices a call today at 626.358.1858 - Monrovia or 626.963.7621 - Glendora.

Do You Need A Home Warranty?

2011-01-12T09:44:00.000-08:00

When Lisa Santucci moved from Kansas to Florida last December, she was happy to learn that her 16-year-old home carried a warranty. “We felt like it was an incentive for us to purchase,” she says. “We were new to the area, and we wanted to be sure that if something did go wrong, we had something to fall back on.”

Santucci hasn’t had to use her warranty yet. But she says she has peace of mind knowing it’s there.

A home warranty is a renewable service contract that covers the repair or replacement of many of the most frequently occurring breakdowns of home system components and appliances, according to Heather Wilson, a spokeswoman for American Home Shield, one of the nation’s largest home warranty sellers. These breakdowns are usually not covered by homeowners insurance.

According to the Service Contract Industry Council, home warranty sales increased in 2009. Many sellers added home warranties to help distinguish their properties from others on the market, and many buyers insisted on a warranty before completing their purchase, the SCIC said.

Items covered by a typical home warranty include major systems such as the HVAC and plumbing, as well as appliances. Some warranties offer additional coverage for pools, spas, extra air conditioners, etc. The average cost of a home warranty is $300 to $500, Wilson said. It must be renewed annually.

Home warranties can provide both financial and emotional security for buyers of existing homes. But they may not be necessary for every purchase.
New homes, for example, carry a homeowners warranty directly from the builder. In addition, home warranties are limited in scope. Buyers need to
read their contract carefully to understand what the warranty covers and does not cover.

Want to learn more about home warranties? Give our CENTURY 21 Adams & Barnes offices a call today at 626.358.1858 - Monrovia or 626.963.7621 - Glendora.

How to Improve Your Curb Appeal This Season

2010-12-13T10:28:00.000-08:00

You’ve heard the old adage: You don’t get a second chance to make a first impression. That
statement underscores the importance of curb appeal if you’re trying to sell your home.

Curb appeal—the attractiveness of the exterior of a property--is particularly important if you live
in a market where there are a lot of homes for sale. Then it’s essential that your home make a
statement and stand out from the competition.

What can you do to improve your home’s curb appeal this season? Here are some tips:

Spruce up the exterior. Clean the windows and gutters, trim bushes, make sure the
grass is maintained and in good condition, and plant some flowers—mums come in
many beautiful fall colors--to make the house look appealing and brighten up the
exterior. Consider a fresh coat of paint—if not on the whole house, then at least on the
doors, shutters and other trim, where you can add accent colors.
If your house is not well lit, install some new lights in the front and on the walkways.
This not only improves safety but also helps showcase your home and its unique
features.
Rake up leaves and remove them. Sweep your walks and front porch, and shake out
mats.
Add a few finishing touches relevant to the season, but don’t overdo it. Pumpkins and
dried wreaths are holiday classics and can create a warm, homey feeling in potential
buyers. Steer clear of extensive Halloween decorations or religious displays.

Interested in learning how to make your home stand out? Give our CENTURY 21 Adams &
Barnes offices a call today. Monrovia - 626.358.1858 or Glendora - 626.963.7621

8 Tips for Eliminating Clutter

2010-10-11T11:21:00.000-07:00

Getting ready to list your home? One of the best things you can do to improve its appeal to prospective buyers is to get rid of clutter. Real estate agents often recommend that sellers de-clutter because it’s easy, inexpensive and can make a dramatic difference.

Here are some ways to eliminate clutter in your own home:

Remove things you don’t use on a daily basis. In the kitchen, that means putting away the juicer; in the
family room, toss all the magazines and books you’ve been meaning to read for years. Try to make your
rooms look spacious and airy
Organize shelves. Remove knick knacks and photographs.
Get rid of excess furniture. Make it easy to walk through rooms. Try to create an open floor plan.
Don’t forget about closets. Removing excess clothing from bedroom closets or towels from linen closets
makes them appear larger. Everything should be neatly arranged and folded.
Clear walls. If you have a lot of photographs or paintings, consider removing some. A more minimalist
look gives the appearance of a larger space.
Remove heavy curtains. Simple blinds or even bare windows let in more light and are more pleasing to
the eye. Ornate curtains or other window treatments are visual clutter.
Stow possessions in closed storage. Rather than using open shelving, for example, use a storage unit
with drawers and doors. Or stash extra blankets in a trunk at the foot of your bed rather than the closet.
Be honest when assessing your stuff. If you really don’t need it, get rid of it. You can trash it, hold a
garage sale, donate it or sell it on eBay. Just think: The more you get rid of, the less you have to pack and move.

Interested in selling your home or learning more about eliminating clutter? Give our CENTURY 21 Adams & Barnes offices a call today at 626.358.1858 or 626.963.7621.

10 Tips to Land the Home of Your Dreams

2010-09-27T09:50:00.000-07:00

It’s still a buyers’ market—interest rates are historically low, available homes are abundant, and sellers are
eager to sell. But if it’s a great time for you to buy, it’s a great time for everyone else too. How can you compete
against other buyers and snag the home of your dreams?

Be decisive. Decide exactly what your dream house looks like. How many bedrooms and baths do you want? What location? This will help narrow down the possibilities faster.
Always consider a house’s potential. An older home that needs cosmetic updates, such as fresh paint or a new kitchen, may net a better price than one that’s newer.If you can pay cash, you’re in the driver’s seat. Sellers like cash deals because they’re uncomplicated and close quickly.
If you can pay cash, you’re in the driver’s seat. Sellers like cash deals because they’re uncomplicated and close quickly.
Offer a high downpayment. The more you put down, the more attractive the deal to the seller.
Try to limit contingencies. You won’t want to waive your inspections or do anything foolish, but the fewer the contingencies, the more secure the seller will feel with your offer.
Stay on top of the market. New houses are listed every day. Your agent may even know of houses about to hit the market.
Prepare yourself for a bidding war by deciding ahead of time what your maximum offer will be.
Consider distressed properties, such as short sales and foreclosures. But remember that they may not be in tip-top condition—and that you may have to wait weeks or months to find out if your offer was accepted.
Most important, find a qualified agent who is familiar with your target area. That will save you a lot of time.

Want to learn about available homes in your area? Give our CENTURY 21 office a call today. at 626.358.1858 or 626.963.7621.

The CENTURY 21® System Offers Training for Associates at All Levels

2010-08-30T15:04:00.000-07:00

Take a look at this list of training topics available at no cost to all CENTURY 21 Agents:+

Sales Skills – including the popular CREATE 21® Golden Edition program, Capitalizing on Market Dynamics, the Success Series, and a compilation of many live, online free training classes.

Coaching and Accountability – consists of our Productivity Enhancement Program (PEP) with a web-based reporting dashboard and participation of the sales manager.

9 Tips to Stage Your Home On the Cheap

2010-08-30T14:47:00.000-07:00

As a seller, you want your home to look its best for every showing. But you don’t have to hire a professional
stager to get your home ready.

Here are some inexpensive things you can do to help your home make a great first impression:

Get rid of the clutter. Cleaning and de-cluttering always rank near the top of suggested home
improvements for sellers. In fact, 99% of real estate agents recommend that their clients do so,
according to HomeGain.com. So go through your stuff and get rid of what you don’t need—or box it up
and put it in storage.
Rearrange your furniture to create easy walkways. Remove excess furniture to make rooms seems
larger.
Remove photos. They personalize your space, but they may also make it more difficult for potential
buyers to visualize themselves living in your home.
Make the space smell nice by using air fresheners or baking cookies before showings.
Make sure everything is clean—floors, bathrooms, kitchens. Nothing turns off a buyer faster than grime.
Consider paint. Paint is an inexpensive way to freshen up both the interior and exterior of a home. Try
to keep colors neutral.
Don’t forget curb appeal. Lawns should be cut, hedges should be trimmed and beds should be free of
weeds. Plant some flowers to brighten the exterior and give it a warm feeling.
Open blinds and curtains to allow lots of natural light in, and turn on lights when buyers are expected.
Start packing up clothes and linens to make closets look larger.

Interested in selling your home or learning more about staging? Give our CENTURY 21 Adams & Barnes offices a call today at 626.358.1858 or 626.963.7621.

Do You Need A Home Warranty?

2010-08-16T10:33:00.000-07:00

When Lisa Santucci moved from Kansas to Florida last December, she was happy to learn that her 16-year-old home carried a warranty. “We felt like it was an incentive for us to purchase,” she says. “We were new to the area, and we wanted to be sure that if something did go wrong, we had something to fall back on.”

Santucci hasn’t had to use her warranty yet. But she says she has peace of mind knowing it’s there.

A home warranty is a renewable service contract that covers the repair or replacement of many of the most frequently occurring breakdowns of home system components and appliances, according to Heather Wilson, a spokeswoman for American Home Shield, one of the nation’s largest home warranty sellers. These breakdowns are usually not covered by homeowners insurance.

According to the Service Contract Industry Council, home warranty sales increased in 2009. Many sellers added home warranties to help distinguish their properties from others on the market, and many buyers insisted on a warranty before completing their purchase, the SCIC said.

Items covered by a typical home warranty include major systems such as the HVAC and plumbing, as well as appliances. Some warranties offer additional coverage for pools, spas, extra air conditioners, etc. The average cost of a home warranty is $300 to $500, Wilson said. It must be renewed annually.

Home warranties can provide both financial and emotional security for buyers of existing homes. But they may not be necessary for every purchase. New homes, for example, carry a homeowners warranty directly from the builder. In addition, home warranties are limited in scope. Buyers need to read their contract carefully to understand what the warranty covers and does not cover.

Want to learn more about home warranties? Give our CENTURY 21 Adams & Barnes offices a call today.

Remodeling Projects That Will Improve Your Home’s Bottom Line

2010-08-02T12:07:00.000-07:00

Which remodeling projects give you the best bang for your buck? All projects are not created equal; some will add to your home’s resale value while, surprisingly, others may not.

Remodeling magazine recently released its annual Cost vs. Value Report, which compares construction costs for popular remodeling projects to the share of those costs recovered at resale.

Since 2005, the improvements that have yielded the greatest amount of cost recouped have been exterior projects, such as door and siding replacements and wood deck additions. This year, on a national level, exterior projects account for seven of the top 10 spots in terms of cost recouped. A steel entry replacement door that costs an average of $1,172, for example, added $1,470 to the sales price of a typical house, or 128.9 percent of cost recouped. A wood deck addition recouped 80.6 percent of costs on resale.

The reason exterior projects have such a good return on investment: Curb appeal. These projects improve a home’s curb appeal, helping it make a better impression on potential buyers. They also cost less than many other projects, so the return is better.

Other midrange projects that return a high percent of costs on resale include:

Attic Bedroom - 83%
Vinyl siding replacement (79.9%)
Minor kitchen remodel (78.3%)
Basement remodel (75.4%)
Major kitchen remodel, Two-story addition( 72.1%)
Home office remodel (48.1%).

Regionally, cities in the Pacific states of Alaska, California, Hawaii, Oregon and Washington outperformed the rest of the nation in terms of remodeling costs recouped upon resale.

Before you embark on a remodeling project, consult with a reputable local remodeling firm about construction costs—and call our CENTURY 21 offices today to speak with an agent who can tell you about home prices in the area.

9 Tips for Hiring a Contractor

2010-07-19T13:45:00.000-07:00

Thinking about making some improvements to your home before placing it on the market? If you’re planning to do more than minor cosmetic upgrades, you’ll probably need a professional contractor.

Finding the right contractor can save you not only time and money, but headaches. While the process may seem daunting, it doesn’t have to be. Here are some tips for streamlining the selection process and ensuring you hire the right contractor the first time:

Get at least three written estimates from companies doing business in your local area.
Check references carefully. Try to see projects the contractor has already completed.
If your state requires contractors to be licensed, ensure that the license is active. The licensing agency may also be able to tell you whether any complaints have been filed against the contractor.
Ask the contractor for proof of insurance. Most states require not only liability insurance but also coverage for workers compensation and property damage.
Contact your local Better Business Bureau or consumer affairs office to make sure there have been no prior problems or complaints.
Once you’ve selected a contractor, make sure the contract is in writing and clearly spells out all necessary terms, including, but not limited to, price, payment schedule, start date, completion date and the scope of the project.
Make sure the contractor obtains all necessary permits. If he says he can save you money by doing the project without a permit, show him the door.
Guarantee that the materials the contractor will use meet your specifications.
Hold back the final payment until all work is completed in accordance with the contract and to your satisfaction.

Interested in selling your home, or want a referral to a qualified licensed contractor in your area? Give our CENTURY 21 offices a call today.

Summer is Here: Maintenance Tips for Your Air Conditioner

2010-07-12T16:24:00.000-07:00

Summer is here, and along with it the hot temperatures that make our air conditioning systems blow at full blast.

Regular maintenance can help extend the life of your central air conditioning system. “An air conditioner is like any other machine—it requires some basic maintenance to keep it functioning properly,” says Nicole Ritchie, a spokeswoman for American Home Shield, a provider of home warranties. “Unfortunately, many people don’t think about their air conditioner until that first hot day.”

Here are some tips for maintaining your system:

Check your air filter monthly, and clean or replace it as necessary. Changing your filter regularly helps keep dust from collecting on the evaporator coil and can also cut energy usage by 5 to 15 percent, according to the Air-Conditioning, Heating, and Refrigeration Institute.
Trim shrubs and plants near the condensing unit so it has adequate air circulation. Clear grass clippings and other debris from the area.
Clean the condenser periodically by spraying it with water.
Consider planting trees to provide shade to the condenser. A unit operating in the shade uses as much as 10% less electricity than the same one operating in the sun, according to the U.S. Department of Energy.
Have your system “tuned up” annually, at least a month before the cooling season starts.

Remember, if the worst happens, and you need to replace your air conditioning system, there’s some good news too: You may be eligible for a tax credit of up to $1,500 for a central air system through the end of this year.

To learn more about the maintaining your AC or other systems in your home, or for a referral to a qualified contractor, give our CENTURY 21 offices a call today. Monrovia 626.358.1858 or Glendora at 626.963.7621

Do You Have and iPhone, iPad or iPod Touch? If you do, have you tried the new CENTURY 21 App?

2010-07-05T12:46:00.000-07:00

The CENTURY 21 system introduced today a new tool that today's savvy consumer can use to engage actively with our world-renowned brand. They have done so understanding that modern real estate shoppers like you want information immediately and conveniently, any time and any where.

Our corporate and local teams are meeting the needs of today's consumer with the launch of the CENTURY 21® Real Estate iPhone app which is also available on iPads and WiFi enabled iPod Touches!

This application is a highly functional tool, bringing CENTURY 21 innovation to life. It delivers local listings, open houses and community information based on the phone's internal GPS.

Users have direct access to more information through the user-friendly List View, Map View, and Property Detail pages. Buyers researching local communities or pondering a move can enter any location nationwide and view neighborhood information, property values and school ratings.

With this new app, you the consumer can use the built-in camera to take photos of properties. You can add personal notes and attach the saved listings. Most important, you have the ability to find our agents at either of our CENTURY 21 Adams & Barnes offices and start a dialogue.

Our agents now, are pumping much more detailed information into CENTURY 21's databases so that our listings featured on CENTURY21.com and the branded iPhone app are comprehensive resources of information. More photos, descriptions and area information are key to help you make smart decisions about your next home.

For sellers, this gives another great tool for our agents to optimize marketing and exposure and get homes sold quickly. This is the "must have" tool for today's real estate consumer. Download the app today!

Get to Know CENTURY 21 : The LeadRouter System

2010-06-01T15:07:00.000-07:00

Do you know about some of the tools CENTURY 21 Adams & Barnes agents have and enjoy?The CENTURY 21® System is focused on delivering world-class technology to our sales associates, enabling you to exceed the needs of your homebuyers and sellers.

The CENTURY 21® LeadRouter System gives you a competitive advantage over competing real estate companies in your market by responding to customer inquiries promptly.So how does it work? LeadRouter is a comprehensive leads management application that captures and distributes offline and online leads from multiple sources. It’s incumbent upon the agent to accept the lead and manage to closure.

Why is LeadRouter critical to an Agents business?

According to the National Association of Realtors® 2009 Buyers and Sellers Survey, a customer will work with the first agent to call them back between 70 – 80% of the time. Additional research shows that average response time by an agent is approximately 24 hours and only 50% of leads ever receive contact. This is a huge opportunity for the CENTURY 21 System!

To learn more about LeadRouter and our other state-of-the-art technologies, contact us today at 626.358.1858 or 626.963.7621.

New Survey Provides Insight into First-Time Home Buyers

2010-05-05T15:13:00.000-07:00

According to a survey of first-time home buyers and sellers released by Century 21 Real Estate LLC last month, over 80% of those polled feel the current housing market is more affordable today than this time last year, despite the fact that 40% are more worried about the economy.

While market conditions are currently attractive and favor buyers, first-time buyers anticipate that housing prices will soon begin to rise and in fact, expect an increase by this time next year, re-establishing the balance between buyers and sellers in the market.

That’s one more reason this is a great time to purchase a home.

“This is a generational opportunity for a first-time home buyer looking to take advantage of this market,” said Rick Davidson, president and CEO, Century 21 Real Estate LLC. “If you are considering buying real estate, now is the time to consult with a real estate professional.”

The results of the CENTURY 21 survey are in line with a survey released April 6 by Fannie Mae, finding that two-thirds of Americans (65%) are still bullish on homeownership, preferring to own a home despite the challenging economy.

Due to the complexity of today’s real estate market, 85% of those polled in the CENTURY 21 survey said real estate professionals serve an important role in the home buying and selling process, and about 70% either used or expect to use one.

“Buying a home is the largest, single financial decision most people will make in their lifetime,” said Davidson. “This is where a real estate professional can help.”

If you’re interested in buying a home, give our CENTURY 21 office a call today, and we’ll put you in touch with an agent who will help you locate and purchase the home of your dreams.

To learn more about the CENTURY 21® First-Time Home Buyer and Seller Survey, Click Here

Buyers’ Negotiating Power On the Upswing!

2010-04-30T15:37:00.000-07:00

Great news if you’re looking to purchase a home: For the second month in a row, real estate Web site Zillow.com is reporting that in early 2010, homebuyers across much of the U.S. negotiated larger discounts off the listing price of homes than they did the prior month.

Buyers in the United States paid 2.8 percent less than the last listing price in January—more than the 2.7 percent discount in December and 2.6 percent in November. December was the first month in which buyers actually regained negotiating power; during most of 2009, buyer discounts shrank.

A year ago, in January 2009, buyers were able to negotiate a median 4.5 percent off the last listing price of homes for sale.

According to Zillow, the biggest discounts are in Florida—Vero Beach and Punta Gorda yielded discounts of 8.6 percent and 7.4 percent, respectively—while Toledo, Ohio and Flagstaff, Ariz. ranked high as well. But discounts can be had all over the nation. New York, N.Y. buyers got 5 percent off the last listing price in January, Chicago, Ill. buyers got 5.1 percent and Cleveland, Ohio buyers got 5.8 percent.

Sellers did well in some markets, however. Most buyers in places like El Centro and Stockton, Calif., for example, actually paid more than the last listing price of homes sold in January.

To speak with one of our REALTORS about current real estate opportunities today, contac us at 626.358.1858 or 626.963.7621.

Are Your Ready to Connect 2 the 1?

2010-04-30T15:12:00.000-07:00

Quite simply, Connect 2 the 1 means connecting current buyers and sellers to the one agent, one home, one neighborhood, one school that's right for them.

With April kicking off the busiest home-buying season of the year, CENTURY 21 offices like CENTURY 21 Adams & Barnes will focus on the home seller with a powerful tool to help them in their transition to a new abode. While the government is giving consumers up to $8,000 tax credit for buying a home until April, 340, 2010, our brand is giving home sellers a chance to earn $8,000 in cash for listing their home with a CENTURY 21agent through June 30, 2010!

We at CENTURY 21 Adams & Barnes are excited to locally bring this opportunity to sellers in the San Gabriel Valley. At our offices, open houses and on-line you'll able to reach out to one of our skilled-professionals and learn why its time to list your home for sale with our office.

In the months to come our team invites you to Connect 2 the 1 CENTURY 21 Adams & Barnes agent who will be able to help you achieve your goals. There is no better time to understand our emerging market and we have the tools and incentives to make the most out of your home. Learn more today by contacting our agents at 626.358.1858 or 626.963.7621.

There’s Still Time to Claim Up to an $8,000 Tax Credit on a Home Purchase

2010-04-12T10:20:00.000-07:00

The federal homebuyer tax credit is set to expire at the end of April, but there’s still time for first-time homebuyers, and even existing homeowners, to take advantage of this substantial incentive to purchase a home.

First-time buyers may qualify for as much as an $8,000 credit, and buyers who already own a home can claim up to $6,500, providing they sign a binding purchase contract on or before April 30, 2010 and close by June 30, 2010.

Remember--these are tax credits, not simply tax deductions, so they reduce the amount of federal income tax owed dollar-for-dollar.

Special rules apply for U.S. military personnel, members of the Foreign Service and employees of the intelligence community, who have an additional year to buy and close if they are on a period of official extended duty.

The credits apply to the purchase of a principal residence. Buyers may qualify as long as their income doesn’t exceed $125,000 for single buyers or $225,000 for married couples. The tax credit is equal to 10 percent of the home’s purchase price, up to $8,000 for first-time buyers, or up to $6,500 for move-up or downsize buyers.

It’s important to remember that “first-time buyer” does not necessarily mean someone who has never owned a home. Under the law, a buyer is eligible if he has not owned a principal residence during the three-year period prior to purchase.

The tax credit, combined with historically low interest rates and an appealing inventory of available homes, has created a unique opportunity for buyers who have been waiting for the right time to jump into the market. But that opportunity will expire on April 30.

For more information about the tax credits, or to learn about available properties in your area, call our CENTURY 21 Adams & Barnes today at 626.358.1858 or 626.963.7621.

*This is not meant to be tax or legal advice. Consult a tax professional for details.

Congratulations - Karen, Joe, Linda Jo & Jacen!

2010-04-12T09:54:00.000-07:00

Capping off a year of challenges, hard-work and lots-of- coffee the team at CENTURY 21 Adams & Barnes finished 2009 in a positive note and with a healthy outlook for 2010. Many of our newer associates have begun to reap the rewards of the hours they have invested in their clients and that momentum is starting to pay-off in this new year. Because of this, the forecast for achievement in the next months is sunny and bright.

Now, as CENTURY 21's award season begins, four company stand-outs are receiving special recognition from the brand's top-brass. In 09, our own Karen Taylor-Straley, Joe Garcia, Linda Jo Pyle and Jacen Crehan distinguished themselves individually as they posted outstanding sales stats and off-the-charts customer satisfaction marks.

In addition to brand trophies and company commendations, which will be presented at our yearly award banquet, "the four" have been invited to an exclusive Top Agent retreat later this year at Atlantis: Paradise Island resort in the picturesque Bahamian islands.

They will join hundreds of other nationally recognized CENTURY 21 real estate pros who have amassed their own respective achievements. The three day event is chock-full off educational and networking opportunities for attendees. There they will have the opportunity to brain-storm and showcase that many ways in which they are making strides through this challenging market.

On behalf of the entire management team at CENTURY 21 Adams & Barnes we'd like to
congratulate, Karen, Joe, Linda Jo and Jacen for all they have and continue to accomplish. We look forward to all the wonderful snap-shots they are sure to share when they return.

Make us proud and come back with a healthy Bahamian tan.

Tax Credit Is Ending: Act Now

2010-04-01T15:05:00.000-07:00

As the days and hours tick-by, the time to take advantage of the $8,000 Homebuyer Tax Credit is coming to an end.

Act now and find yourself in a home of your own, contact our agents today at 626.963.7621 or 626.3581858.

What are the Must-Have Features in Homes Today?

2010-03-29T11:44:00.000-07:00

It seems like only yesterday that whirlpool tubs, formal dining rooms and home theaters were considered de rigueur features in new homes. Today, however, buyers are more likely to look for small homes with energy-efficient appliances, a home office and a first-floor master suite, according to a new survey of homebuyer preferences.

“I think it’s economics driving the desire,” says Paul A. Cardis, CEO of AVID Ratings Co., which conducts the annual survey.

The economy and demographics are playing an increasingly larger role in buyers’ choices these days. According to AVID’s survey, some of the must-have features in homes today are:

Energy-efficiency. Buyers of all types—first-time, empty-nester, move-up and vacation buyers—all want energy-efficient appliances, high-efficiency insulation and high window efficiency.
Large kitchens. Although home size is trending down, Cardis says that “the kitchen is still king.” A kitchen island is also a must-have.
Granite countertops. This is a must feature for move-up, empty-nester, vacation and custom homebuyers. First time buyers are less interested in granite, probably due to the cost.
Main-floor master suite. Cardis says this is due to the aging of the population. The demand for upstairs laundries is waning as a result.
Home office/study. People would rather have a home office than other rooms such as a formal dining room, Cardis says.
Two-car garages. All types of buyers consider these as must-haves, while move-up and custom home buyers prefer three-cars.
Master suite soaker tubs. These are more popular than whirlpools among all categories of buyers. Oversized showers with seating are also growing in demand.

Interested in seeing the latest features in luxury homes in your target neighborhood? Contact our agents today at 626.358.1858, 626.963.7621 or visit us on-line at www.c21ab.net

9 Ways to Spruce Up Your Home In Time for the Spring Selling Season—Without Spending a Lot of Money

2010-03-12T11:47:00.000-08:00

With all the news lately about snow, it’s easy to forget that spring is just around the corner. And with spring comes the spring selling season, when home sales typically perk up.

This year, there’s lots of good news for those selling their homes.

“This spring should be a breath of fresh air for beleaguered sellers,” says Mike Larson of Weiss Research. “The supply of homes for sale is falling. Affordability is rising thanks to declining home prices. And the extension of the homebuyer tax credit is putting a bit more wind in buyers’ sails.”

Still, there are things you can do as a seller to help pique buyer interest:

Create a great first impression by improving curb appeal. Cut the grass, trim the hedges and plant flowers. Touch up the exterior paint.
Repaint the interior. Again, this is an inexpensive way to give your home a fresh, clean appearance. Keep colors neutral.
Refresh tired carpets by having them cleaned. Tile floors can look new again by cleaning the grout and sealing it.
Remove clutter from the house. This improves the appearance and makes rooms seem larger.
If you don’t want to hire a professional stager, then move furniture around to improve the flow of the home and make it seem more open. Put excess furniture in storage.
Replace old cracked caulk in the kitchen and baths. This not only freshens up the rooms but also improves water resistance.
Make your home seem lighter and brighter by replacing or adding light fixtures.
Purchase an appliance warranty. For a few hundred dollars, you can give potential buyers peace of mind.

For other helpful tid-bits about preparing your home for sale, contact our team at 626.358.1858.

The Lifespan of Elements in Your Home

2010-03-02T14:43:00.000-08:00

You have made an investment that will provide enduring value and years of enjoyment. Thanks to the National Association of Home Builders report "Housing Facts, Figures & Trends" we can share some of what you can expect to replace and repair to maintain your home in top conditions.

Most of home maintenance is common sense. If you have a plumbing leak, you will repair the fixture. Then look for water damage in the surrounding area. Replace all effected materials to avoid mold, wood rot, or weakened structure. The quick fix is not appropriate for one of your biggest and best investment.

Because there are so many elements in your home from the structure to the appliances, we are providing this quick reference guide.

It has been estimated that if a home is not properly cared for, the materials will only last one-third to one-half as long as manufactures suggest.

So use this guide to gauge and estimate when you may need to service or replace articles in your home. It is intended to be for information purposes only and we recommend that you consult licensed professionals for specific advice.

Roof : Asphalt, wood shingles & shake last approx. 15 - 30 years. Tar & Gravel 10 - 20 years.
Refrigerator: 6 -15 years - Do not place against the wall, leave ventilation space; clean behind the frig and replace ice-maker periodically.
Microwave: 11 years - Avoid any metallic trim or foil in microwave. Do not leave unattended.
Window Air Unit: 10 years - Remove or cover during winter; change filters each season.

To learn more about other around-the-home items to look out for, contact our team of REALTORS today at 626.358.1858 or 626.963.7621.

Rebates Help You Save Money When Upgrading Appliances

2010-02-22T11:31:00.000-08:00

In the market for a new appliance? Then think Energy Star. Not only will you be helping the environment by purchasing an energy-efficient appliance, but you’ll be helping your budget as well, thanks to a $300 million “cash for appliances” program funded by the U.S. Government and being rolled out state by state.

The Energy Star program is a partnership between the U.S. Environmental Protection Agency and the U.S. Department of Energy. According to the Department of Energy, by using Energy Star, Americans saved enough energy in 2008 alone to avoid greenhouse gas emissions equivalent to those from 29 million cars--and also saved $19 billion on their utility bills.

The appliance rebate program differs in each state, but the basics are this: Buy an Energy Star appliance and receive a rebate of between $50 and $250. You must be replacing an existing appliance to qualify. Depending by state, the program covers boilers, air conditioners, washers, dishwashers, freezers, furnaces, heat pumps, refrigerators and water heaters.

Each state runs its own program with funding from the Department of Energy. Dates and program details vary by state. Check out www.EnergySavers.gov for details on your state’s program.

One piece of advice: Act quickly!

The rebate program will continue only as long as each state has the funds to support it. Once the funds are exhausted, so is the rebate program.

To learn more about such programs and other local initiatives that may affect home-owners in the San Gabriel Valley, contact our offices today at 626.358.1858 or 626.963.762.

Our team of REALTORS will be more than glad to help and answer your questions.

Want to Rent Your Vacant Properties? Try Renovating Them

2010-02-10T12:44:00.000-08:00

Are you a small independent landlord trying to rent your properties? Consider renovating them. A recent survey indicates that over half of small, independent landlords are renovating vacant properties in an effort to differentiate themselves from the competition and attract tenants. Renovations don’t just help you attract new tenants; they help you retain current tenants as well.

“With so many homes and apartments sitting empty, landlords want their properties to stand out from the competition,” says Tracey Benson, president of The National Association of Independent Landlords. “Even if landlords have no rent coming in, they need to bite the bullet and make improvements to put their properties on renters’ short lists.”

The Association recently conducted a survey of landlords across the country and found that over half (52%) of smaller, independent landlords who expect the difficult rental market to continue are renovating their vacant properties. Over three-quarters of these landlords (76%) are doing so in an effort to attract tenants, while 42% of respondents said they are renovating to keep current tenants from moving.

But you don’t need to install high-end accoutrements like granite counters, stainless steel appliances or laminate floors to attract or retain tenants. Even low-budget investments like new carpeting or a fresh coat of paint can make a difference.“

Just about any improvement will make a property look better than one that hasn’t received much TLC,” Benson says.

For more information on how to attract or retain tenants in your apartment properties, or to learn about available properties, give our CENTURY 21 office a call today. We have Commercial and Property Management specialists available to help you with your rental needs.Our associates may be reached at 626.358.1858 or visit our Property Management page today.

6 Tips for an Easy Move with Kids

2010-01-18T16:16:00.000-08:00

Hope Gibbs thought her move from Clifton, Va. to Arlington, Va.—a mere 45 minutes away—would be easy. And it was for daughter Anna, 14, who found new friends on Facebook even before she moved. But Gibbs’ 10-year-old son Dylan found it more difficult.

“You’d have thought we moved to Mars,” says Gibbs. “He still wants to go home despite having made tons of friends.”

Moving is one of the most stressful events in life—even more so for kids. But you can help ease the transition. Here are some tips:

Involve children in planning. Help them find local Web sites so they can learn about schools, sports and events in their new city. The goal is to increase familiarity and build excitement for the new area.
Communicate. Take time to speak with children about the move--and particularly about their fears or concerns.
If possible, allow children to pick their own bedrooms. This makes it fun and exciting. Let them help decorate as well.
Keep a few prized possessions out of the boxes. Familiar items, such as a blanket or stuffed animal, bring comfort to skittish kids.
Encourage children to make new friends. Introduce them to children in the neighborhood. Invite a classmate over for a play date. Or throw a kiddie housewarming party!
Seek help from professionals. A knowledgeable CENTURY 21 Adams & Barnes real estate agent can help you learn the area, give you leads on local children’s activities and make the whole move go more smoothly.

We are San Gabriel Valley area experts and can point you in the right direction.

Do-It Yourself Improvements Help Sellers Maximize Sales Prices

2010-01-08T15:13:00.000-08:00

Wondering what home improvements will benefit you the most when you sell your home? HomeGain.com, a Web site that provides home value estimates, recently released a list of the top 12 do-it-yourself home improvements that cost under $5,000 and benefit sellers the most when they go to sell their homes.

The list is based upon the responses of nearly 1,000 real estate agents nationwide. According to the HomeGain survey, the top five home improvements that agents recommend to sellers, based on cost and return on investment (from highest to lowest ROI), are:

1. Cleaning and de-cluttering ($200 cost/$1,700 price increase/872% ROI)
2. Home staging ($300 cost/$1,780 price increase/586% ROI)
3. Lightening and brightening ($230 cost/$1,300 price increase/572% ROI)
4. Landscaping ($320 cost /$1,500 price increase/473% ROI)
5. Repairing plumbing ($385 cost/$1,250 price increase/327% ROI)

Cleaning and de-cluttering always rank near the top of suggested home improvements for sellers. In fact, 99 percent of real estate agents recommend that their clients do so, HomeGain says. And it’s easy to see why—for a cost of about $200, cleaning and de-cluttering add an average of $1,700 to a home’s sale price, an 872% return on investment.
"Many Realtors agree, especially in a buyer's market, that sellers who make these recommended home improvements often get their homes sold faster and at higher prices," says Louis Cammarosano, a general manager at HomeGain.

Rounding out the top 12 of the list of projects: Updating electrical; replacing or shampooing carpets; painting interior walls; repairing damaged floors; updating the kitchen; painting the exterior; and updating bathrooms.

For more information about low cost do-it-yourself improvements that will help your home sell faster, call our CENTURY 21 Adams & Barnes office today at 626.358.1858 or 626.963.7621.

Changes, Challenges and New Year Resolutions

2010-01-04T16:15:00.000-08:00

After much anticipation the new year has arrived and with it the promise of a recovering housing market and a stabilizing economy.

Though there will be many challenges faced in the months to come, our team at CENTURY 21 Adams & Barnes is beginning the year with a positive outlook and the energy to implement plans developed and announced during the latter part of 2009.

For the communities we serve this means a new focus on providing constant snapshots of the different markets (REOs, Shortsales) todays consumer faces, lending practices that affect the bottom line and relevant stats/data that may help you make important real estate decisions.

Our Facebook and Blogging pages are a quick and easy reference which are constantly updated with the topic of the week/day/hour....minute.

Our site has been redesigned to give you better access to the information that is important to you and give you more outlets to reach out to our team with your insights and questions.

In addition, in the weeks to come our team will be announcing a key move that will give us more access to past, present and future clients in the eastern San Gabriel Valley.

In all, we are thrilled to embark and take advantage of the promises laid out by the new year. Our team is ready to continue to provide the same levels of customer care that has made us a staple in the community.

Now we encourage you to reach out to our team with your questions, challenges and plans. Happy New Year...we are here to help!

We got the holiday spirit!

2009-12-14T14:26:00.000-08:00

Every company has its traditions and at CENTURY 21 Adams and Barnes we look forward to our yearly Holiday Breakfast and Gift Exchange.

With dozens of our agents on-hand and a pleasant break in the weather, the team got together in downtown Monrovia for the anticipated festivities.As always, our very own Mr. and Mrs. (Tom and Sally Adams) were on hand to emcee the morning and coordinate the gift exchange.

The morning was full of laughs as usual as our agents browsed through the secret bags, made some colorful choices and "stole" prized items from one another.

Some big announcements were shared with the team that sets the company poised to take advantage on an increasingly healthier real estate market in the year to come.

Altogether it was another wonderful get-together and it reminded everyone the importance of friendship, good company, laughter and a little revelry. To see all the photos of this year's events we invite you to join the CENTURY 21 Facebook fan page. And also, from our team to yours, Happy Holiday season.

Should You Use a Real Estate Agent for Your Home Sale?

2009-12-10T12:34:00.000-08:00

For most people, a house is the largest investment they’ll ever make. Yet when it comes time to sell that investment, some opt to do so on their own, without the help of a real estate professional. These do-it-yourselfers are known as FSBOs—short for “for sale by owner.”

It may be tempting to go it alone. But many FSBOs end up listing their home with a real estate agent anyway. That’s because an agent offers many advantages, such as:

Local market knowledge. An agent knows what other houses are available and will price your house right. She will perform a comparative market analysis to determine its fair market value and will list at a price that will draw buyer interest without compromising value.
Negotiating skill. Your real estate agent will negotiate on your behalf when you receive an offer—from price to date of possession to any necessary repairs.
Exposure. FSBOs tend to market a house with signs, newspaper ads and online listings. Yet, according to the National Association of Realtors’ 2009 Profile of Home Buyers and Sellers, 42% of FSBOs sell to someone they already know. What happens if you don’t know someone looking for a house? That’s where an agent has a huge advantage. An agent has access to the Multiple Listing Service (MLS) that lists homes for sale. An MLS listing is seen by other real estate agents—around the world—therefore bringing a tremendous number of buying opportunities to the table.
Prequalifying buyers. Why open your home to anyone who sees your sign? Your agent will prequalify potential buyers to make sure they are really interested in purchasing and are financially able to do so. That means you don’t have to allow strangers into your home who aren’t qualified or serious.

For more information about selling your home, or for a complimentary comparative market analysis, call our CENTURY 21 Adams & Barnes offices today at 626.358.1858 (Monrovia) or 626.963.7621 (Glendora)

What’s New In Eco-Friendly Interior Design?

2009-11-16T14:39:00.000-08:00

The color “green” is red-hot these days, as environmental awareness spreads and more and more industries incorporate Earth-friendly principles. Going green not only helps the environment, but also helps consumers save money on utility bills.

Incorporating eco-friendly principles into your home may also improve your health, says Hilary Sopata, a Park Ridge, Ill. designer, by eliminating volatile organic compounds (VOCs) often found in paint and other products.

Sopata, currently writing a book called “Get Green With Style,” is seeing the following trends in eco-friendly home design:

New Countertop Materials. “Countertops have come a long way from where they were even three years ago,” Sopata says. Granite has been popular for years, but keep an eye out for compressed paper counters as well as those made from recycled glass bottles.

Natural Fiber Carpets. Wool, cotton, jute and hemp rugs are becoming increasingly popular. These are great for households with pets or small children, Sopata says, who spend time on the carpet and won’t be exposed to the chemicals given off by man-made carpet products.

Automatic lights. These are easy and inexpensive to install, but can save a significant amount of energy.

Natural Window Coverings. Natural window coverings are made out of grasscloth, sisal or other woven plant material. They can be dressed up with a fabric edge trim and are available with a lining for privacy.

Antiques. Using antique or vintage furniture saves them from landfills. Reupholstering or refinishing an antique can cost as much as buying new, but it is much better for the environment.

Eco-Resin. Eco-resin is a translucent material (with 40% recycled content) that lets light flow through to otherwise dark spaces. Used as part of a wall or in place of a door, it may eliminate the need for artificial lighting.

Staging Is Not Just for Residential Listings

2009-10-14T11:46:00.000-07:00

Staging is a common tool used by real estate agents to prepare a house for sale. According to Stagedhomes.com, a staged house will sell quicker and for more money than a non-staged one.
But staging isn’t just for residential properties.

Commercial landlords are increasingly adding office furniture to vacant offices in an effort to help them rent or sell quickly. With so much vacant office space on the market these days, staging can help to create a positive impression and differentiate your properties from others on the market. Potential lessees will be able to visualize the space and how it could be set up for employees. And office furniture is readily available for lease at reasonable rates from furniture rental firms.

When considering staging for your rental properties, take a look at your own office space as well. Does it have fresh paint, clean carpets and trimmed landscaping? Or is it in need of some freshening? And what about the furniture? Is it dusted, with desktop surfaces kept tidy and organized? Are the rest rooms modern and fresh-smelling?
The old adage “You don’t get a second chance to make a first impression” applies to your office space too.

Do a walk-through of your own facilities, and pay particular attention to the following:

Outside: Is the entrance inviting and well-kept? Is it clean and nicely landscaped? Is it well lit? Are signs easy to read?

Inside: Is the lobby area easy to navigate and furnished with comfortable furniture? Are magazines current? Is the area clutter-free? Are carpets clean and rest rooms spotless?

If you’re interested in hiring a professional stager for your investment property--or your own office--call our commercial REALTORS at CENTURY 21 Adams & Barnes today. We will refer you to a qualified professional in your area.

Home Sweet Home (Especially at Tax Time)

2009-09-28T12:57:00.000-07:00

Planning to buy a house? It’s one of the smartest decisions you can make—and not just because you’ll be creating a wonderful home in the location of your choice. It’s because homeownership has many tax benefits as well.

Homeowners may receive benefits from Uncle Sam when they purchase or sell a home, and tax advantages may even accrue during the period you own a home. That's why many people consider homeownership to be the ultimate tax shelter.

Here are just three of the possible tax-saving opportunities for homeowners*:

Mortgage interest deductions. Interest paid on a mortgage on a first—or even second—home is deductible for those who itemize. That reduces the cost of ownership. For example, someone who pays $10,000 in mortgage interest and who falls in the 25% tax bracket could save up to $2,500 in taxes each year. Generally, all the interest paid on a mortgage is deductible, unless the loan is more than $1 million.
Real estate tax deductions. Property taxes based on the assessed value of your home and paid to a state or local government can be deducted—whether you pay directly or through an escrow account. Your bank will provide you with a statement of the actual amount it paid. Also, remember to look at your settlement statement if you recently purchased a home. Any prepaid taxes for which you reimbursed the seller are deductible as well.
Capital gain exclusion for the sale of a home. Under current law, if you are selling your principal residence, you can exclude from taxation any profits up to $500,000 for married taxpayers or $250,000 for single taxpayers.

Call our CENTURY 21 Adams & Barnes office today so we can get you on the path to the home of your dreams.

* Consult a tax professional for details.

CENTURY 21 Adams & Barnes Walks for Hope

2009-09-11T13:31:00.000-07:00

The CENTURY 21 Adams & Barnes residential sales team has registered once again for Walk for Hope (Sun. Oct. 25, 09) because we refuse to let this terrible disease affect anymore people than it already has.

Now we need your help.

Like you, we all know of someone who has felt the impact of cancer in their lives and perhaps you've "What can I do to help them." Walk for Hope supports breast cancer research, treatment and education at City of Hope, an amazing place that is saving lives every day.

Walk for Hope is a national breast cancer walk that supports breast cancer research, treatment and education at City of Hope, a National Cancer Institute-designated Comprehensive Cancer Center. The event is family oriented and a great way to get involved in the fight against this terrible disease.

Please support the CENTURY 21 Adams & Barnes team and City of Hope's work. By doing so, YOU are helping to make a difference in so many lives.

BTW: Did you know that more than 200,000 new cases diagnosed of breast cancer are diagnosed each year? That means another 200,000 of our mothers, sisters daughters and friends and all their loved ones will be affected by this terrible disease.

Small donations add up to make a big difference. Just "Click Here" button - you can't miss it - and make a tax-deductible donation. It's that easy and it's that important.

Whatever you can give will help - it all adds up! We greatly appreciate your support and will keep you posted on our progress.We hope to see you on the big day with your jogging shoes.

Thank you!

The CENTURY 21 Adams & Barnes Walking for Hope Team

CENTURY 21 Llc. Recognizes Joe Garcia & Karen-Taylor Straley for Sales Achievement & Performance

2009-09-02T16:26:00.001-07:00

Monrovia, CA / September 01, 2009 — The management at CENTURY 21 Adams & Barnes presented REALTORS® Joe Garcia and Karen Taylor-Straley with CENTURY 21’s Pacesetter Gold Award at a recent company sales/marketing meeting. The award, which recognizes Sales Achievement and Performance for the first half of the year, is a good indicator of agents who will receive top CENTURY 21 Honors at the end of the year.

“Karen (Taylor-Straley) and Joe (Garcia) approach everything they do with passion and professionalism. Over the years, each has worked to become fixtures within their service area in the San Gabriel Valley.” said General Manager Hugo Torres of CENTURY 21 Adams & Barnes. “Our real estate family could not be more proud of both Karen and Joe for their significant production thus far and the high customer marks the consistently achieve.”

Karen has been a long-standing real estate force in the San Gabriel Valley. For over 20 years she has represented clients who habitually come back to her for their real estate needs. Believing that civic affairs are an important part of the community, she has served as the President of the Monrovia Chamber of Commerce and Past-President of Monrovia’s Kiwanis Club. Over the years, Karen has ammased countless CENTURY 21 Llc. awards for production and customer satisfaction.

Joe Garcia has quickly made a name for himself in the real estate community. His intimate knowledge of Historic properties in the San Gabriel Valley gives his clients the advantage of working with a Real Estate professional who understands the uniqueness and value that every address possesses. Joe Garcia’s civic involvement has broadened the scope of his knowledge and this grants his clients a proven practitioner that can maneuver and coordinate through a transaction efficiently.

Joe and Karen continue to set eye-catching production levels and high customer satisfaction marks.

Located at 433 West Foothill Boulevard, CENTURY 21 Adams & Barnes is a full service brokerage specializing in residential, commercial and luxury properties. For more information about Joe Garcia and/or Karen Taylor-Straley, contact us today at 626.675.0658 or visit us on-line at www.c21ab.net

Welcome Edda Hudson (Broker-Associate) to our Real Estate Family

2009-08-19T14:59:00.000-07:00

The management at CENTURY 21 Adams & Barnes is thrilled to welcome long-time industry trailblazer Edda Hutson to our realty family.

With over 21 years of experience in the field, Edda has amassed and impressive string of awards, accolades and production benchmarks.

"Edda has been a friend of CENTURY 21 Adams & Barnes for a long time and it is exciting that we'll now have the opportunity to work together" said Broker/Owner Tom Adams at a recent marketing meeting

A resident of Monrovia, Edda has specialized in San Gabriel Valley residential sales for decades and has been awarded much industry and brand recognition over the years. In 1998, after 5 consecutive years of earning CENTURY 21's CENTURION award, Edda was inducted into the brand's Hall of Fame and has been in its CENTURION Honor Society ever since.

Personally, Edda keeps busy with six grandchildren and a garden.

To speak with Edda today, contact our office at 626.358.1858 or visit us on-line at http://www.c21ab.net/

Tips for Sellers Competing Against Foreclosures and Short Sales.

2009-08-03T10:32:00.000-07:00

If you’re trying to sell your home, you already know it’s a challenging market. Not only are there a lot of other homes on the market competing with your house, but some buyers are finding it difficult to obtain mortgages. Plus, with distress sales—foreclosures and short sales—accounting for half of all home sales in some parts of the nation, it’s hard to compete on price alone.

There are things you can do, however, to better make your home stand out. Here are some tips:

Price Your House Right. This is probably the most important thing you can do. With the market so competitive these days, buyers will completely ignore your home if it’s not priced realistically. Buyers today don’t care what your neighbor sold his home for a few years ago. A realistic, fair market price—or even a price slightly lower than fair market value—is the best way to attract buyer interest. This is where a qualified real estate agent can provide invaluable assistance.

Get Out Quick. Short sales are notorious for being, well, not short. Banks may take months to evaluate a short sale offer, and the potential buyer is left waiting helplessly during this time. By offering a fast closing, however, a buyer—who perhaps has children she wants to enroll in school—can move in and get settled quickly. That’s a huge advantage over waiting for a short sale to be approved.

Offer Curb Appeal “Plus.” Foreclosures often need substantial repairs because they’re frequently abandoned by their owners. Often, they are sold “as is” by the banks that own them. A home that is in move-in condition can save a buyer time and money. Consider doing some minor renovations or improvements to update your home and make it more attractive to potential buyers.

Call CENTURY 21 Adams & Barrnes today for more tips to sell your home. Recently we have found the our listings are typically seling in less than 14 days when price and marketed correctly.

Merger News: CENTURY 21 Adams & Barnes Team Continues to Grow

2009-07-27T12:31:00.000-07:00

The management at The management at CENTURY 21 Adams & Barnes is thrilled to announce the merger of the CENTURY 21 Premier team into its real estate family.

The announcement was made during the company's Friday marketing meeting where company agents and staff typically meet to discuss the week's business.The merger is a strategic move to strengthen the outreach of CENTURY 21 Adams & Barnes' real estate services in the San Gabriel Valley.

“As respected and innovated real estate brokerage companies in their own right, the coming together of these companies means a heightened level of service for area home buyers, sellers and owners,” said Tom Adams, Broker/Owner of CENTURY 21 Adams & Barnes.

The announcement comes at a time when real estate sales continue to climb (20.1% Increase in June 09) despite the economic challenges facing the nation.

Seis consejos para una mudanza tranquila.

2009-07-20T10:59:00.000-07:00

Es bien sabido que mudarse puede ser una de las experiencias más mortificantes en la vida. Pero no tiene que ser así. Con algo de planeación anticipada, organizacion y atención al detalle, una mudanza puede ser relativamente libre de estrés. He aquí algunos consejos:

Contraten con una agencia de mudanzas acreditada. Una agencia acreditada les da tranquilidad. No contraten con la primera que encuentren, ni con la más barata. Una agencia de mudanzas inepta les puede salir más cara si al final se pierden o se rompen cosas. Verifiquen cuidadosamente las referencias y consulten con la oficina local de Better Business Bureau para ver si hay quejas.

Programen un calendario de actividades. De ser posible, comiencen elaborando una lista de chequeo al menos dos meses antes de la mudanza. Entre más organizados estén, menos detalles se les van a pasar por alto y tendrán menos tensión, especialmente cuando se aproxima la mudanza y el tiempo apremia.

Marquen apropiadamente las cajas. Marquen apropiadamente cada caja con su contenido y la habitación a la que debe ir; así ahorran tiempo y las cajas llegan al sitio correcto.

Desháganse de lo que no necesitan. Deshacerse antes de la mudanza de lo que no van a necesitar en su nueva casa les trae varias ventajas: ahorran tiempo empacando, eliminan desorden y pueden hacerse a algún dinero si hacen una venta de garaje.

Tengan accesorios en abundancia. No hay nada más estresante que quedarse sin cajas o sin cinta de empacar en el último momento. Tengan a la mano el equipo necesario en cantidad suficiente.

Registren tempranamente su cambio de dirección. Registrar la forma de cambio de dirección antes de mudarse les puede ahorrar dolores de cabeza en cuentas no pagadas, desconexión de servicios, y hasta robo de identidad. No olviden programar las fechas de suspensión de servicios públicos, y cerciórense de que estos servicios les sean instalados a tiempo en su nueva casa. Muchas empresas no permiten hacer estos cambios por internet.

Llámenos al 626.675.0658 y con gusto les daremos más consejos para una mudanza tranquila y los pondremos en contacto con agencias de mudanzas acreditadas.

Dante Underwood Completes CENTURY 21 Fine Homes & Estates Training Course

2009-07-09T13:49:00.000-07:00

Monrovia , CA (Grassroots Newswire) July 2009 -- Realizing that real estate education needs to be a career-long endeavor for today's real estate professional, CENTURY 21 Century 21 Adams & Barnes is proud to announce that Dante Underwood , REALTOR with the company's Monrovia office recently added the "Luxury Home Specialist" designation to Dante's professional offerings by completing the CENTURY 21 Fine Homes & Estates program's proprietary agent training course.

Dante successfully completed this online course which is offered exclusively through the CENTURY 21 Learning System educational platform. The course offered Dante strategies for prospecting clientele, and for recognizing relevant market trends influencing the purchase and sale of luxury property. The online course also instructed Dante on how to effectively market high-end homes using the CENTURY 21 Fine Homes & Estates program.

"Through the CENTURY 21 Fine Homes & Estates program’s agent training course, I have empowered myself to engage the luxury home market, and have expanded my knowledge while helping to ensure that CENTURY 21 Century 21 Adams & Barnes clients receive the professional real estate services they expect and deserve," said Dante Underwood

CENTURY 21 Century 21 Adams & Barnes is a full service real estate brokerage company specializing in Luxury Home properties, located at 433 W.Foothill Blvd in Monrovia, CA. Contact Dante today at 626.358.1858 for more information.

Is Buying a Bank Owned Home Right for You?

2009-07-07T12:25:00.000-07:00

Barely a day goes by without the media reporting on the flood of foreclosures taking place across the United States. According to a RealtyTrac press release issued earlier this year, one in 374 houses in the U.S. received a foreclosure filing in April, the highest monthly rate since the company began tracking in 2005.

But instead of seeing doom and gloom from these numbers, many view foreclosures as a once-in-a-lifetime opportunity to buy bank-owned properties at below-market rates.

Some seek to buy in bulk, and they often get the best deals. Individual purchasers may find foreclosures to be a bit more challenging. “The only way to pick up these properties for cents on the dollar is to have cash upfront and buy a minimum of about 10 properties,” said Manny Alvarez, a CENTURY 21 system member. “For individual purchasers, banks don’t like to go below 7 percent of the market price within the first 30 days of their listing.”

Still, Alvarez said there are deals to be had—and discounts do vary throughout the nation.

Here are some tips for buying a foreclosure:

- Make sure you have the cash not only for the purchase but for any repairs required after you close—these properties are often distressed and require extensive repairs, Alvarez said. Plus, traditional financing may not be available.

- View the house in person, and get it inspected.
- Don’t make an unreasonable offer. Many banks are getting multiple offers now, and your offer can be rejected before you have a chance to increase it.

If you’re interested in a foreclosure, it’s essential to work with an experienced agent who can negotiate aggressively with the bank. Our team at CENTURY 21 Adams & Barnes has worked with bank owned homes and have the know-how to help you take advantage of this unique market place.

Inspección: Descubra problemas con la casa antes de cerrar el trato.

2009-06-29T11:59:00.000-07:00

Tras el largo proceso de búsqueda de casas, trámites para obtener una hipoteca y negociaciones con el vendedor, ¡está usted a punto de cerrar el trato y convertirse en el dueño de su propio hogar! Sin embargo, antes de formalizar la compra es necesario llevar a cabo una completa inspección de la casa.

La inspección es una de las actividades más importantes en el proceso para comprar una casa. Esta inspección le permite descubrir problemas con la propiedad que pueden afectar las negociaciones durante el cierre o incluso ser la razón para decidir si es o no la casa correcta para usted y su familia.

Algunos ejemplos de los problemas que usted puede descubrir durante la fase de inspección de la casa incluyen:

Goteras en el techo.
Fugas de gas.
Daños a causa de termitas.
Daños a causa de termitas.
Grietas en las paredes, entre otros

Contacte a un agente de CENTURY 21 Adams & Barnes para asesorarle durante este paso del proceso. Su agente le puede aconsejar cómo realizar una buena inspección de la casa durante las negociaciones finales con el vendedor.

En la mayoría de los estados, usted tendrá la opción de realizar un recorrido de la propiedad antes de cerrar el trato. Esta será su última oportunidad de asegurar que todos los términos de su contrato y condiciones de la propiedad cumplen sus expectativas.

Con la mano amiga del Sistema de CENTURY 21, el hogar de sus sueños está más cerca que nunca. ¡Busque la casa perfecta para usted y su familia hoy mismo!

Hold Down the Forth and Keep Things Clean

2009-06-23T10:14:00.000-07:00

Jim Gupton is CENTURY 21 Adams & Barnes' facilities manager and he ensures that the offices are in pristine condition and that our equipment is running smoothly. Every week, at Glendora's office meeting he delivers his "Poet Laureate" minute; here is this week's submission:

"I really wanted to be here today,
Instead I got on a plane and flew far away.

I'll be in NC for a week or so
but I'll be back before you know.

So hold down the fort and keep things clean
if you mess things up I can get pretty mean.

I'm going to miss all of you like a spoon full of honey,
stay close to your phones, cause I may need money."

Jim is in North Carolina this week visiting family and he will be missed. Come back soon Jim.

Crédito Tributario del Gobierno Federal esta disponible para quienes van a comprar una casa.

2009-06-18T10:28:00.000-07:00

Créditos de impuestos federales promulgadas por el Congreso a principios del 2009 será importante para muchos que van a comprar casa por primera vez.

El crédito se planeó para estimular la compra de vivienda y reactivar el mercado inmobiliario, y las primeras señales muestran que está teniendo éxito. Solamente en febrero, un número record de 844.000 compradores potenciales visitaron el sitio de internet establecido por la Asociación Nacional de Constructores de Viviendas (FederalHousingTaxCredit.com) para saber más acerca del crédito tributario de $8.000.

He aquí algunos detalles acerca del nuevo crédito:

Solamente está disponible para quienes compran casa por primera vez. Esta condición está definida como alguien que no haya sido propietario de una residencia principal durante un periodo de tres años antes de la compra. Para parejas casadas aplica la historia de propiedad de ambos cónyuges.
No hay que pagar el crédito mientras no se venda la vivienda al menos por tres años.
La cantidad real del crédito es el 10 por ciento del precio de compra de la vivienda, hasta un máximo de $8.000.
Para obtener el crédito, se debe cerrar el negocio entre el 1º de enero y el 30 de noviembre de 2009.
El crédito completo es aplicable para contribuyentes individuales con ingresos de hasta $75,000 o parejas casadas de hasta $150,000. Para contribuyentes con ingresos superiores a estas cantidades se reduce o se elimina el crédito.
La casa debe ser su residencia principal. Puede ser nueva o usada.

Recuerde que cualquier casa que se vaya a usar como residencia principal califica para el crédito; esto incluye casas individuales, dúplex, condominios, casas móviles y hasta casas botes. Como hay un estricto límite de tiempo, llame ya a nuestra oficina, y con gusto le ayudaremos a aprovechar este importante beneficio tributario.

Consulte con un profesional de impuestos.
Para más detalles visite: Mapa de Referencia Rápida La Asociación Nacional de Agentes Inmobiliarios Para Compradores de Casa Por Primera Vez ® - Preguntas más frecuentes La Asociación Nacional de Agentes de Bienes Raíces ®
FederalHousingTaxCredit.com

The Your Realty Advisors Team Welcomes a New Member

2009-06-08T11:19:00.000-07:00

Kevin Wang has lived in different parts of the world including Taipei, Taiwan; Auckland, New Zealand; El Paso, Texas; and San Francisco, California. As a result of his broad exposure to different cultures, Kevin is a valuable real estate resource. He is able to quickly adapt, problem solve and creatively negotiate on behalf of his clients. After earning his bachelor’s degree in business administration at Saint Mary’s College of California, Kevin relocated to the San Gabriel Valley.

Prior to joining CENTURY 21 Commercial, Kevin helped real estate investors evaluate and purchase investment properties throughout Los Angeles County.

Presently, Kevin specializes in commercial tenant and buyer representation. Shortly after joining the team, Kevin represented a Vizio distributor and repair company in the leasing of expansion warehouse space in El Monte, California.

In addition, he assisted in a 10,000 square foot industrial lease transaction in the San Gabriel Valley with an aerospace defense subcontractor. The tenant was thrilled to consolidate its operations under a single, free standing building with ample room for future growth.

Kevin thoroughly loves the challenge and satisfaction of helping business owners and investors reach their real estate goals.

Kevin is fluent in English and Mandarin. He enjoys traveling, fishing, badminton and running.

For your commercial tenant leasing or purchasing needs, feel free to contact Kevin Wang at 626-930-9320 or 626-434-5224. He may also be reached at kevin.wang@century21.com.

6 Tips for Getting A Mortgage

2009-06-01T10:16:00.000-07:00

If you are planning to buy a home or refinance your mortgage, you might be a bit apprehensive about the mortgage application process. After all, media reports on how banks have tightened their purse strings can make the process seem daunting.

While its true that mortgage applicants face challenges not present at the height of the real estate boom, there is some good news you many not be aware of: 30-year fixed rate mortgages are below-some of the lowest rates in over 30 years. First time homebuyers may qualify for federal tax credits*, and some states (such as California) have instituted tax credits as well to stimulate local housing activity. So the news is very promising.

There are things you can do now to ease the application process and increase the odds of finding the right mortgage.

Improve your credit. Standards have normalized, and you’ll need a good FICO score to obtain the best rates. Check your credit report, and correct any errors.
Gather necessary paperwork to verify employment and other income as well as any assets.
Be an educated consumer. Learn about the various types of mortgages, and for adjustable rate loans, consider the impact if the adjustment reaches its peak.
Pay down debts. The fewer debts you have, the better your application looks to the lender. Mortgage lenders prefer borrowers who are not over-leveraged.
Once you make an application, respond quickly and fully to any requests you receive from the lender for additional information.

To learn more about the opportunities available to you today, contact the team at CENTURY 21 Adams & Barnes today. We have the connections to help you take advantage of current market conditions.

* Consult a Tax Professional

Enjoying Outdoor Entertaining

2009-05-16T14:18:00.000-07:00

It used to be that you had to go to a drive-in theater to enjoy a movie outdoors.

Not any more.

Imagine watching a film from the comfort of your own backyard--or even from the hot tub.
More and more Americans are converting their backyards into oases, where state-of-the-art, weatherproof large screen HDTVs and digital surround sound systems are seamlessly integrated into expansive decks, patios, pools and stonework. Computer-controlled lighting sets the mood, adjusting automatically on paths, steps, underwater and overhead as the sun rises or sets. Speakers vanish into walls, planters and decking, yet 3D sound is audible everywhere—even underwater in the pool.

“Outdoor home theaters are the biggest trend in home entertainment since the introduction of the flat-panel TV,” says David Berman, director of training for Home Theater Specialists of America (HTSA), a trade group.

Homeowners are transforming their backyards into a place for friends and family to gather, barbecue or swim while enjoying high definition video, MP3 surround sound, surfing the Web, watching a big game or taking in the latest movie.

Costs vary for creating the perfect backyard retreat, but most upscale installations cost at least $10,000, and many range up to $50,000—or more—depending upon the quality of the equipment used, according to HTSA.

Outdoor home theaters may be one of the few bright spots in an otherwise down market for high-end electronics. Says Berman: “Watching movies under the stars still has great appeal.

Celebrating Mother's Day Weekend in Monrovia

2009-05-08T10:10:00.000-07:00

If you are looking for some fun and excitement on this sunny Southern California weekend then you may want to visit Monrovia as the city kicks-off the 123rd Monrovia Day Celebration over the Mothers Day Weekend.

Beginning on Sunday, May 10th, you can tour some of the city's most picturesque homes at the Vintage Home Tour coordinated by the Monrovia Historic Preservation Group.

Then on Thursday (May 14) evening, on-lookers will line Myrtle Avenue to enjoy the Monrovia Day Parade which will at 7 p.m. and move north from Chestnut to Palm Avenues. (ci.monrovia.ca.us)

As usual, the famed Old Town Family Festival will be on hand Friday May 15 during its usual hours.

Finally the highly anticipated opening to the public of the Monrovia Library will take place on Saturday, May 16 at 10:00 a.m. (friendsofmonrovialibrary.org)

All-in-all some fun and exciting days in Monrovia, CA coming up. See you there.

Congratulations to All the Winners

2009-04-28T11:25:00.000-07:00

This week, the team at CENTURY 21 Adams & Barnes celebrated its annual awards banquet in Monrovia.

The evening was a joyous celebration of the 2008-09 production year and an opportunity to acknowledge the successes of the brokerage's top producers and rising stars.

Monrovia Office Top Sales Agents for the 2008-2009 year are:

10. Beverly Firth, REALTOR
9. Isabella Cappucci, Associate
8. Dave Decker, REALTOR
7. John Pentecost, REALTOR
6. Craig McKenzie, REALTOR
5. Linda Vidov, REALTOR
4. Dan Bacani, REALTOR
3. Joe Garcia, REALTOR
2. Karen-Taylor Straley, REALTOR
1. Linda Jo Pyle, REALTOR

Top Sales Team for the 2008-2009 year is:
Baker and Snider REALTORS

Glendora Office Top Sales Agents for the 2008-2009 year are:

10. Pam Ganas, Associate
9. Karolin Kazma, REALTOR
8. Clare Eubanks, Associate
7. Renee Gant, REALTOR
6. Debbie Bush, REALTOR
5. Patti Tris, REALTOR
4. Luis Campos, REALTOR
3. Jackie Riley, REALTOR
2. Margaret Ellis, REALTOR
1. Tia Byrne, REALTOR

Monrovia Office Top Listing Agents for the 2008-2009 year are:

10. Lucy Williams, REALTOR

9. Anne Kee, REALTOR

8. Beverly Firth, REALTOR

7. Cassandra Meyer, REALTOR

6. Jacen Crehan, REALTOR

5. Dan Bacani, REALTOR

4. John Pentecost, REALTOR

3. Linda Jo Pyle, REALTOR

2. Joe Garcia, REALTOR

1. Karen Taylor-Straley, REALTOR

Glendora Office Top Listing Agents for the 2008-2009 year are:

10. Jackie Riley, REALTOR

9. Clare Eubanks, REALTOR

8. Alfred Williams, REALTOR

7. Lisa Mendoza, REALTOR

6. Jay Rutnam, REALTOR

5. Ron Gillen, REALTOR

4. Margaret Ellis, REALTOR

3. Tia Byrne, REALTOR

2. Debbie Bush, REALTOR

1. Karolin Kazma, REALTOR

Congratulations to all the winners and we look forward to another great year at CENTURY 21 Adams & Barnes.

The Friday Report - April 24, 2009

2009-04-24T16:27:00.000-07:00

Open Houses Available for Pre-View this Weekend

1. 748 Crescent Drive, Monrovia - Sunday 1 - 4 pm / Listed at $998,000
2. 341 Oakcliff Avenue, Monrovia - Saturday 12 pm to 3 pm / Listed at $709,000
3. 2612 Glenrose Avenue, Altadena - Sat. & Sun. 1 - 5 pm / Listed at $359,300
4. 226-228 Heliotrope Avenue, Monrovia - Sunday 1 - 4 pm / Listed at $399,000
5. 2595 Rochelle Avenue, Monrovia - Sunday 1 - 4 pm / Listed at $595,000

A New Reason to Green Your Home

2009-04-23T16:23:00.000-07:00

The stimulus package recently adopted by Congress is putting more money into consumers’ pockets via the expansion of tax credits available for those who make energy-efficient improvements to their homes.

Making your home more energy-efficient is obviously good for the environment and helps you save money on water and energy bills. But now the new tax credits will make such home upgrades even more affordable, providing a financial incentive for homeowners who go green on their renovation projects in 2009 and 2010.

Under Internal Revenue Code section 25C, tax credits for existing homes expired at the end of 2007. These credits were reinstated by the Bush Administration as part of its economic rescue package passed last fall. Those credits rewarded homeowners who installed energy-efficient windows, doors, roofs, insulation, furnaces, air conditioners and heat pumps.

But that credit was equal to only 10 percent of the cost of each product, with a lifetime cap of $500, and it wasn’t strong enough to encourage homeowners to act.

Now, the tax credit has been tripled—to 30 percent—and the lifetime cap has been lifted to $1,500. Plus, the list of eligible improvements has been expanded. So homeowners opting to make their homes more energy-efficient will be financially rewarded for doing so.

For more information about tax credits or greening your home, give our office a call.

Happy Birthday Jim Gupton - Facilities Manager at CENTURY 21 Adams & Barnes

2009-04-23T14:08:00.000-07:00

Our team at CENTURY 21 Adams & Barnes wishes our Facilities Manager Jim Gupton a Happy 75th Birthday.

Jim, you keep the offices in great shape and always make us smile with your poem's at office meeting.

Happy Birthday

CELEBRATING EARTH DAY AND USING LESS WATER

2009-04-22T12:14:00.000-07:00

Earth Day is here (April 22) and our team at CENTURY 21 Adams & Barnes is happy to promote awareness and appreciation of the Earth's environment. With our offices located at the base of the San Gabriel Valley Foothills, we have a special respect for nature's beauty which hugs our neighborhoods.

So in the spirit of this Earth Day and our pressing need to conserve water, we provide you the following tips from www.EarthDay.gov

Look for the WaterSense label to identify water-efficient products and programs. The WaterSense label indicates that these products and programs meet water-efficiency and performance criteria. WaterSense labeled products will perform well, help save money, and encourage innovation in manufacturing. (http://www.epa.gov/watersense/index.htm)
Don't let the water run while shaving or brushing teeth.
Take short showers instead of tub baths.
Keep drinking water in the refrigerator instead of letting the faucet run until the water is cool.
Scrape, rather than rinse, dishes before loading into the dishwasher; wash only full loads.
Wash only full loads of laundry or use the appropriate water level or load size selection on the washing machine.
Buy high-efficient plumbing fixtures & appliances.
Repair all leaks (a leaky toilet can waste 200 gallons a day).
Water the lawn or garden during the coolest part of the day (early morning is best).
Water plants differently according to what they need. Check with your local extension service or nurseries for advice.
Set sprinklers to water the lawn or garden only – not the street or sidewalk.
Use soaker hoses or trickle irrigation systems for trees and shrubs.
Keep your yard healthy - dethatch, use mulch, etc.
Sweep outside instead of using a hose.
Learn how to plant trees, build a pond, compost, and more from the Department of Agriculture's Natural Resources Conservation Service www.nrcs.usda.gov/feature/backyard

CENTURY 21 Real Estate First-Time Home Buyer Survey Reveals Increasing Demand Despite Concerns About the Economy

2009-04-16T11:26:00.000-07:00

Century 21 Real Estate LLC, the franchisor of the world’s largest residential real estate sales organization today announced the results of its recently commissioned first-time home buyer survey. The survey found that more than three-quarters (78 percent) of potential first-time home buyers say that now is a good time to buy a home, despite widespread concern about the economy. Out of the 1,000 prospective U.S. first-time home buyers surveyed in early March for the CENTURY 21 First-Time Home Buyer Survey, 68 percent think now is a better time to buy than six months ago.

Prices are the driving motivation for potential first-time home buyers with more than eight of ten first-time home buyers (85 percent) saying they consider current home prices affordable and 73 percent citing that taking advantage of current prices is a major factor in their decision to buy. Interestingly, potential first-time buyers are still split between "being willing to consider an offer now" (42 percent) and "waiting for prices to go down before they seriously consider making a purchase" (48 percent).

"Current pricing, rates and incentives, such as the First Time Homebuyer Tax Credit, provide tremendous opportunities for first-time home buyers to get into the market," said Tom Kunz, Century 21 Real Estate president and CEO. "Our research shows that while consumers still have concerns about the future of the economy, many are actively considering their options as we move into the spring selling season."

Among the survey’s other key findings:

Bargains in the marketplace are providing additional options for buyers to consider. 56 percent of potential first-time home buyers are considering purchasing a foreclosed or short sale home, and 63 percent are open to purchasing either a "fixer-upper" or "as-is" home.

When asked to rate the features that they look for when choosing a home, price is the primary consideration with 87 percent saying this feature is "very important," followed closely by neighborhood safety (80 percent) and the condition of the home (71 percent).

Having enough money for a down payment is a top concern of potential first-time home buyers as nearly half (46 percent) said they are "very worried" about the issue.

Most respondents (86 percent) are in the market for single family homes.

Available Government Incentives

In addition to affordable home prices and mortgage rates, the survey also showed strong interest in taking advantage of the recent government stimulus. More than three-quarters (77 percent) of potential first-time home buyers say they are more likely to buy a home in the next six months because of the $8,000 first-time home buyer tax credit offered in the American Recovery and Reinvestment Act of 2009.

Affordable Mortgage Rates

Perception about the lending market is a key concern for prospective first-time home buyers. Current mortgage rates are considered to be affordable by approximately three-quarters (72 percent) of respondents and 62 percent recognize that rates are lower than a year ago. However, 75 percent of potential first-time home buyers believe it is difficult to get a home loan right now and 74 percent think it is harder to get a loan than the same time last year.

"Traditional mortgage investors, Fannie Mae, Freddie Mac, FHA and VA are receiving significant financial backing from the federal government, keeping interest rates low and mortgage funds available for qualified buyers," said Marshall Gayden, senior vice president of Century 21 Mortgage¨. "Home buyers who have a stable job history of at least two years, solid credit (620 and above) and down payment money that can be documented (3.5% on FHA loans) are well positioned to secure a mortgage in today’s credit environment."

Understanding the Buying Process

Prospective first-time home buyers also indicate that there is a real need for someone who can provide accurate and reliable information while they look for a home. When asked about the real estate transaction process, more than half (59 percent) of potential buyers rated their understanding of the process as only "fair" or "poor."

"Between home loans, the closing process and understanding the new government stimulus, real estate professionals play a vital role in working with first-time home buyers to help them navigate the current market," said Kunz. "Every individual situation is different, and consumers should use their Realtor as a trusted advisor to seek opportunities, get educated on the process and make informed decisions."

In addition, the survey asked potential buyers which factors are most relevant in their decision to choose a home:

First-Time Home Buyers’ Top Reasons for Buying / (% saying major factor)
Taking advantage of current housing prices / 3
Moving to a bigger living space / 60
Having a more suitable place to start or raise family / 56
Buying a home as an investment / 47
Moving to a better neighborhood / 44
Moving to better location for work / 28

MethodologyPenn, Schoen & Berland Associates conducted an online poll on behalf of Century 21 Real Estate LLC with 1,000 prospective first time home buyers that indicated they were likely to buy their first home in the next two years. The survey fielded from March 2-7, 2009, and has a margin of error of ± 3.1%.

C.A.R. Launches Mortgage Protection Program for First-Time Home Buyers

2009-04-08T14:53:00.000-07:00

Quick Facts

C.A.R. is the first statewide association in the nation to offer a mortgage protection plan for consumers.
Approximately 3,000 households expected to receive assistance in first year.
C.A.R.’s Housing Affordability Fund is dedicating $1 million toward program

LOS ANGELES (April 2) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today launched the C.A.R. Housing Affordability Fund Mortgage Protection Program (C.A.R.H.A.F. MPP) for first-time home buyers.

Through the Housing Affordability Fund Mortgage Protection Program, first-time home buyers who lose their jobs due to layoffs may be eligible to receive up to $1,500 per month, for six months, to help make their mortgage payments. A qualified co-buyer also can participate in the program, and receive a monthly benefit of $750 per month for up to six months. Program benefits also include coverage for accidental disability and a $10,000 death benefit.

C.A.R.’s Housing Affordability Fund is dedicating $1 million toward its Mortgage Protection Program, and estimates that as many as 3,000 families will benefit from the program this year.

“The Mortgage Protection Program was developed to help ease the anxiety of consumers who are concerned about potential job loss and its impact on their ability to pay their mortgage should they purchase a home,” said C.A.R. President James Liptak. “It also provides peace of mind to those buyers who are actively searching for a home.”

To qualify for the Mortgage Protection Program, applicants must:.

Be a first-time home buyer – someone who has not owned a home in three or more years.

Open escrow April 2, 2009, or later, and close on or before Dec. 31, 2009.

Use a California REALTOR® in the transaction.

Purchase the property in California.

Be a W-2 employee (cannot be self-employed)

To apply for the program, home buyers must request an application for the H.A.F. Mortgage Protection Program from their REALTOR®.

Leading the way...® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® ( http://www.car.org/) is one of the largest state trade organizations in the United States, with nearly 180,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) Housing Affordability Fund (H.A.F.) is a non-profit 501(c)(3) dedicated to addressing California’s housing crisis . It receives donations primarily from REALTOR® members and REALTOR® associations committed to addressing the housing problem in California. H.A.F. raises and distributes funds and partners with other groups to promote housing and homeownership and address housing opportunities locally and statewide.

Debbie Bush & Rosie Haynes Earn Top March Sales Honors

2009-04-07T10:59:00.000-07:00

At Glendora's office meeting this morning, REALTORS Debbie Bush and Rosie Haynes were awarded with Top production honors for the month of March 2009.

Debbie was named Top Listing agent for March while Rosie received Top Sales Agent accolades.

Both agents have been on a hot streak since the beginning of the year working with buyers looking to take advantage of the warming real estate market.

To learn more about either Debbie Bush (debbiebush.blogspot.com) and/or Rosie Haynes contact CENTURY 21 Adams & Barnes' Glendora office at 626.963.7621 or visit us on-line at http://www.c21ab.net/

New Tax Credit Attracts Buyers on Sidelines

2009-04-06T12:08:00.000-07:00

There’s some good news if you’re in the market to sell a home.

A tax credit enacted by Congress as part of the landmark $787 billion economic stimulus package--up to $8,000--is expected to entice first-time buyers, many of whom have been sitting on the sidelines. And since the credit only applies to those who close on homes between Jan. 1, 2009 and Nov. 30, 2009, some say that first-time buyers may move quickly to capitalize on it.

Early signs indicate the new credit has already piqued homebuyers’ interest. In February alone, a record 844,000 prospective homebuyers visited a site set up by the National Association of Home Builders (FederalHousingTaxCredit.com) to learn about the tax credit. And that’s great news for those who are selling homes, whether new or existing.

“Current pricing, rates and incentives, such as the First-Time Homebuyer Tax Credit, provide tremendous opportunities for first-time home buyers to get into the market,” said Tom Kunz, CENTURY 21 Real Estate president and CEO. “Our research shows that while consumers still have concerns about the future of the economy, many are actively considering their options as we move into the spring selling season.”

If you’re a current seller, talk to your CENTURY 21 Adams & Barnes REALTOR about new buyers and how to appeal to them. If you’re considering listing your home, townhome, condo, mobile home or even houseboat, now is a great time. Call our office and one WE will answer your questions and help move you along the path.

Remember to always consult a tax professional regarding real estate master and feel fre to contact our offices for additional resources.

626.358.1858 / Monrovia - 626.963.7621 / Glendora or visit us on-line at http://www.c21ab.net/

The Friday Report - April 03, 2009

2009-04-03T17:54:00.000-07:00

Open Houses Available for Pre-View this Weekend

341 Oakcliff Avenue, Monrovia - Saturday 10 am to 1 pm / Listed at $739,000
658 South Wabash Avenue, Glendora - Saturday 1 - 4 pm / Listed at $315,000
2612 Glenrose Avenue, Altadena - Sunday 1 - 5 pm / Listed at $359,300
2002 Bella Vista Avenue, Arcadia - Sunday 1 - 4 pm / Listed at $1,899,000
658 South Wabash Avenue, Glendora - Sunday 1 - 4 pm / Listed at $315,000
601 Sycamore Drive, San Gabriel - Sunday 1 - 4 pm / Listed at $759,000
316 Genoa Street Unit A, Monrovia - Sunday 1 - 4 pm / Listed at $339,000
4095 Fruit Street #146, La Verne - Sunday 12 - 4 pm / Listed at $67,000
4095 Fruit Street #323, La Verne - Sunday 12 - 4 pm / Listed at $67,000

To learn more about CENTURY 21's April Open House Month Drive and/or The Path to Your Dreams Sweepstakes visit us on-line at: https://sweepstakes.century21.com/

The Friday Report - March 27, 2009

2009-03-27T17:07:00.000-07:00

Please note that Jerry Baker's listing at 966 Swiss Trails Road in Duarte will not be held for Open House. Said listing is curently in escrow.

2612 Glenrose Avenue, Altadena - Sunday 1- 5 pm
966 Swiss Trails Road, Duarte - Sunday 1 - 4 pm
2002 Bella Vista, Arcadia - Sunday 1 - 4 pm
658 South Wabash, Glendora - Sunday 12 - 3 pm
601 Sycamore Drive, San Gabriel - Sunday 1 - 4 pm

CENTURY 21 CEO Describes the Housing Market.

2009-03-26T16:53:00.000-07:00

CENTURY 21 President/CEO Tom Kunz spoke today on CNBC regarding the uptick in sales that we have been experiencing over the last few months.

See the Video

We were thrilled to see our CEO sporting the Gold Jacket and positively describing the market at this time. It gives us all an incentive to speak with the cyou about the realities and opportunities available out there.

To learn more about current incentives available:

1. $8,000 Credit for first time purchasers.
2. $10,000 State of California credit for new construction purchases.

Call us today at 626.358.1858 / Monrovia or 626.963.7621 / Glendora or visit us on-line at http://www.c21ab.net/

New Homes Need Inspections Too

2009-03-23T14:33:00.000-07:00

As California recently announced, current incentives to spur sales of New Construction have prompted great interest in purchasing such properties.

So let's say you just signed a contract to purchase a brand new home from a reputable builder. But even though it comes with a homeowner’s warranty, has never been lived in, and will be inspected throughout the construction process by local government officials, experts suggest that you hire an independent home inspector to check it out.

Even new homes come with defects, according to the American Society of Home Inspectors (ASHI). And it takes a professional to spot them. Many items can't be inspected once a house is completed. That’s why ASHI recommends that buyers consider having a series of phased inspections conducted at key points in the construction process: prior to the foundation pour, prior to insulation and drywall installation, and prior to the final walkthrough. These types of phased inspections may be added to the contract during negotiations.

Catching problems early will save homebuyers time—and money—later on.

But why have your own inspections? Aren’t buyers protected by the inspections done by local government officials?

While it’s true that local governments have oversight over the homebuilding process, building officials can and do miss things. In addition, a newly constructed home could have a problem that doesn’t rise to the level of a code violation yet could have serious consequences for a new homeowner. Remember, the building code contains a set of minimum standards to which a builder is required to adhere.

To find a certified home inspector, use the “Find an Inspector” tool on the ASHI Web site, at www.ASHI.org. Or simply ask your real estate professional for a recommendation. He or she can provide you with the names of several licensed inspectors in your area.

To learn more about recent California New Construction incentives call our REALTORS at CENTURY 21 Adams & Barnes at 626.358.1858 / Monrovia and 626.963.7621 / Glendora or visit us on-line: www.c21ab.net

The CENTURY 21 Adams & Barnes Friday Report - March 20, 2009

2009-03-20T20:43:00.000-07:00

Visit Us On-Line at www.c21ab.net or call us at 626.358.1858 / Monrovia or 626.963.7621 / Glendora

CENTURY 21 Adams & Barnes Welcomes Arby Artoonian

2009-03-20T11:36:00.000-07:00

Arby Artoonian was invited to join the team at CENTURY 21 Adams & Barnes (www.c21ab.net) in the Spring of 2009 and since then has been on a fast track to success.

Drawing from ample experience in handling customer service challenges, Arby is a multi-lingual business professional who consistently seeks new ways to analyze real estate opportunities for his clients.

Using up-to-date technologies, he prides himself as the consummate communicator who will keep you abreast of developments during the transaction and guide you towards taking the steps towards fruitful results.

It was his hard-working and professional attitude that earned him an invitation into the CENTURY 21 Adams & Barnes family. Arby proved himself to be an amiable team player who understood the importance of providing real estate services that went far beyond the expectation of clients.

His history as a pro-active negotiator was a glaring positive attribute which the company seeks in its REALTOR ranks. To learn more about Arby Artoonian, we invite you to visit www.c21ab.net today or contact him at 818.216.0054

CENTURY 21 Adams & Barnes Posts Considerable Sales Numbers

2009-03-18T15:31:00.000-07:00

After a review of the company's production this week, Broker Tom Adams announced a 200% increase in sides (one half of a sale) closed over the same first quarter period last year. The numbers for the company's Monrovia office (for the same measured period )were 160%.

The announcement came on the heels of the company's receipt of the CENTURY 21 Technology Company Award and presentation as a Hall of Fame office earlier this month at CENTURY 21's International Convention in San Antonio, TX.

The uptick in closes sides and revenue seem to follow a moderate thawing in the real estate market that the company has been quick to embrace. The company's considerable listing portfolio of Bank Owned Homes, Short Sales, Commercial Units and well priced conventional listings have spurred the increase in production.

In addition, the company in order to continue the momentum, is embracing CENTURY 21's April Open House Month Sweepstakes which will give one lucky winner a handsome cash prize.

For more information about CENTURY 21 Adams & Barnes and April's Open House Month Contest, contact us today at 626.358.1858 / Monrovia - 626.303.8733 / Glendora or visit us on-line at www.c21ab.net

The Technology Award

2009-03-11T22:02:00.000-07:00

Here it is. The coveted CENTURY 21 Technology Award that will be comming back to our Monrovia office at the conclusion of this wonderful convention.

We are very proud of this award because it is a testament that our brokerage is taking pro-active steps to meet the needs of today's consumer.

Now, getting it back to Monrovia without breaking it will be a feat all to itself. Stay tuned.

CENTURY 21 Adams & Barnes Receives Technology Award

2009-03-10T16:41:00.000-07:00

CENTURY 21 Adams & Barnes Receives CENTURY 21's Technology Award

2009-03-10T16:30:00.000-07:00

CENTURY 21 Adams & Barnes was the proud recipient of CENTURY 21's Technology Award at this year's International Convention in San Antonio, TX.

Speaking to a packed house, the company's General Manager Hugo Torres accepted the award on behalf of all CENTURY 21 Adams & Barnes agents who consistantly use system tools (21Online, E -Greetings, etc) to generate leads and grow business.

To see the video of the presenation, see our video above:

First Night

2009-03-10T16:27:00.000-07:00

Well after nearly 8 hours of travel time, Jacen (Crehan) and I finally arrived and registered for CENTURY 21'S Llc's annual convention in San Antonio, Texas.

The flight was definitely worth it as the night's reception at Sunset Station proved to be a fantastic meet and greet for many old friends from previous convention and conferences.

Tonight, I was able to get together with folks from corporate, International Manager's Academy (IMA), convention's past (Las Vegas, Florida) and from Facebook.

All together, I am glad to finally be in San Antonio (beautiful city) and to start the week's festivities with a bang.

We're Solid Gold indeed.

How to Downsize Your Space in Style

2009-03-08T14:04:00.000-07:00

Are you moving into a smaller home? If so, you don’t have to sacrifice luxury and style along with square footage.

Downsizing is a popular option these days, as people move from larger to smaller houses for a variety of reasons. Some are empty nesters, looking for a more manageable home when children fly the coop. Others might be college graduates, moving from their suburban childhood home to their first apartment in the city. No matter what the reason, a smaller space can be just as comfortable and elegant as the larger one left behind.

Many downsizers opt to change their design style when they move. Lauri Ward, a designer and author of “Downsizing Your Home With Style,” says her clients often swap traditional furniture and design for cleaner lines that are more eclectic and sleek.

The biggest design challenge for those who downsize: storage. Many smaller homes lack garages and basements.

What to do? - Ward recommends closed storage—a trunk rather than a coffee table, for example—to do away with what she calls “visual chaos.” She also makes extensive use of built-ins, which save space.

In living areas, avoid cluttering the floor space with tables that have no purpose or with stacks of magazines. Opening up the floors makes the space appear larger—and in any downsized home, every piece needs to earn its keep by having a purpose for being there.

Rooms in a smaller home need to serve double duty. Combine a home office with a guest room, for example. Or purchase a dining room table that can double as a desk for a home office.

“People often think they’re compromising if they go smaller, but good things come in small packages,” Ward says. “You can really have a beautiful home—even more beautiful than your last. It’s more about quality than quantity.”

Falling House Prices Create New Opportunities for Buyers

2009-03-02T14:04:00.000-08:00

Buyers should pay close attention to the results of a report released on Feb. 10, 2009.

On that date, Denver-based Integrated Asset Services released its House Price Index for December 2008. Based on the most current information available at the time, the report shows a 13.8 percent decline in house prices for the full year 2008 and an overall decline of 19.1 percent since the market’s peak at the end of 2006. These are national numbers, of course; certain local markets have seen greater or lesser declines.

Of greater interest to potential buyers, however, is the data contained in the IAS report that identifies 10 of the counties hit hardest during the national real estate decline. It is in these markets that some of the greatest buying opportunities lie.

Not surprisingly, most of the hardest hit counties were in states that experienced the largest gains during the housing bubble. California fared the worst, with the top three of the nation’s hardest hit counties: San Joaquin County, down 51 percent from its high; Monterey County, down 49 percent; and Kern County, down 45 percent. In Florida, Lee County fared the worst, with a decline of 44.6 percent. Charlotte County dropped 42.2 percent, and Pasco County declined 39.7 percent.

“We’re seeing house prices returning to pre-bubble levels, and there are no signs of leveling off just yet,” says Dave McCarthy, president and CEO of Integrated Asset Services. “But location is still everything.”

In these hard hit counties, and others, opportunity knocks for savvy buyers. Want to learn more about prices in your neighborhood? Give your local CENTURY 21 Adams & Barnes office a call, and we can provide you with prices and other data for areas that you’d like to live in as well as tips on how to make the most of current market conditions.

A New Lending Landscape

2009-02-18T10:15:00.000-08:00

It may seem like a tough time to be in the market for a home. In the wake of the sub-prime mortgage crisis and the related banking upheaval, lenders have tightened their purse strings and put the brakes on issuing homes loans, at least at the rates and terms that were prevalent just a year to six months ago. But not all the news is bad for today’s buyers.

First, this new approach to lending can reduce the risk that you be a victim of unscrupulous lending practices. As a result, this more stringent approach may work to your benefit. Use this time to learn as much as you can about the current lending landscape. Read articles in the newspapers and online. Reach out to your CENTURY 21 Adams & Barnes Realtor® and ask for his or her interpretation of the recent developments. It is also wise to spend time analyzing your own finances including your income, assets, expenses and credit score. If you know your own budget and financial qualifications inside and out, you will know what is realistic and what is too good to be true.

Once you have identified what you want and are prepared with your own facts and figures start making some calls. Banks and mortgage companies may have reined in their lending, but it is still a free and competitive marketplace. Search for the best rates and terms available. However, if you feel you may get a better offer in a few weeks or months, and your timetable permits it, wait a bit. The advice of your real estate professional will be invaluable when making this decision.

Finally, remember that the real estate marketplace still favors buyers. The inventory of homes exceeds the current demand in most locations, so you have the opportunity to be more selective and a little more demanding at the bargaining table.

How Is Your FICO?

2009-01-28T11:55:00.000-08:00

In today's increasingly automated society, it should come as no surprise that when you apply for a mortgage, your ability to pay can be reduced to a single number. All the years you've been paying your mortgage, car payments, and credit card bills can be analyzed, sliced, diced, spindled and mutilated into a single indicator of whether you're likely to meet your future obligations.

All three of the major credit reporting agencies (Equifax, Experian and TransUnion) use a slightly different system to arrive at a score. The best known is called the FICO score, based on a model developed by Fair Isaac and Company (hence the name) and used by Experian. Equifax's model is called BEACON, while TransUnion uses EMPIRICA. While each of the models considers a range of data available in your credit report, the primary factors are:

Credit History - How long have you had credit?
Payment History - Do you pay your bills on time?
Credit Card Balances - How much do you owe on how many accounts?
Credit Inquiries - How many times have you had your credit checked?

Each of these, and other items, are assigned a value and a weight. The results are added up and distilled into a single number. FICO scores range from 300 to 850, with higher being better. Typical home buyers likely find their scores falling between 600 and 850.

FICO scores are used for more than just determining whether or not you qualify for a mortgage. Higher scores indicate you are a better credit risk, and thus may qualify for a better mortgage rate.

What can you do about your FICO score? Unfortunately, not much. Since the score is based on a lifetime of credit history, it is difficult to make a significant change in the number with quick fixes. The most important thing is to know your FICO score and to ensure that your credit history is correct. Conveniently, Fair Isaac has created a web site (www.myFICO.com) that let's you do just that. For a reasonable fee, you can quickly get your FICO score from all three reporting agencies, along with your credit report. Also available is some helpful information and tools that help you analyze what actions might have the greatest impact on your FICO score. Each of the credit services offers similar services on their web sites: www.equifax.com, www.experian.com, and www.transunion.com.

Armed with this information, you will be a more informed consumer and better positioned to obtain the most favorable mortgage available to you.

To learn more about how your credit can yield new real estate opportunities, contact our office today at 626.358.1858 or at 626.963.7621.

10 Steps to Owning Your Own Home Series - Make an Offer

2008-12-08T11:56:00.000-08:00

REALTOR® groups, working with legal counsel, have developed forms that are appropriate for realty transactions in specific communities. Such documents include numerous sale conditions and their wording should be carefully reviewed to assure that they reflect the terms you want to offer. REALTORS® can explain the general contracting process in your community as well as his or her role.

While much attention is spent on offering prices, a proposal to buy includes both the price and terms. In some cases, terms can represent thousands of dollars in additional value for buyers -- or additional costs. Terms are extremely important and should be carefully reviewed.

How much?

You sometimes hear that the amount of your offer should be x percent below the seller's asking price or y percent less than you're really willing to pay. In practice, the offer depends on the basic laws of supply and demand: If many buyers are competing for homes, then sellers will likely get full-price offers and sometimes even more. If demand is weak, then offers below the asking price may be in order.

How do you make an offer?

The process of making offers varies around the country. In a typical situation, you will complete an offer that the REALTOR® will present to the owner and the owner's representative. The owner, in turn, may accept the offer, reject it or make a counter-offer.

Because counter-offers are common (any change in an offer can be considered a "counter-offer"), it's important for buyers to remain in close contact with REALTORS® during the negotiation process so that any proposed changes can be quickly reviewed.

How many inspections?

A number of inspections are common in residential realty transactions. They include checks for termites, surveys to determine boundaries, appraisals to determine value for lenders, title reviews and structural inspections.

Structural inspections are particularly important. During these examinations, an inspector comes to the property to determine if there are material physical defects and whether expensive repairs and replacements are likely to be required in the next few years. Such inspections for a single-family home often require two or three hours, and buyers should attend. This is an opportunity to examine the property's mechanics and structure, ask questions and learn far more about the property than is possible with an informal walk-through.

Speak to CENTURY 21 Adams & Barnes REALTOR today. Contact our Monrovia office at 626.358.1858 or Glendora at 626.963.7621

Source: REALTOR.com w/Permission

10 Steps to Owning Your Own Home Series - Get Funding

2008-12-01T10:59:00.000-08:00

Often the cost of real estate financing is routinely greater than the original purchase price of a home (after including interest and closing costs). Because financing is so important, buyers should have as much information as possible regarding mortgage options and costs.

Local REALTORS can provide mortgage information, discuss financing options and recommend loan sources.What kind of loan?There are thousands of loans available out there from a variety of lenders, but in general, the mortgage you choose will likely be determined by at least several key factors:

If you place less than 20 percent down, lenders will want the mortgage guaranteed by an outside third party such as the Veterans Administration (VA), the Federal Housing Administration (FHA) or a private mortgage insurer (PMI, or private mortgage insurance, is required by lender to protect against any mortgage defaults). More than 2.5 million VA, FHA and PMI loans are generated each year.
How's your credit? The best rates and terms are only available to those with solid credit. To get the best loans, make a point of paying credit cards, installment payments, rent and mortgage bills in full and on time.
Are you a first-time buyer? It might seem that "first-time buyer" means someone who has never owned property before, but under most state programs, the term refers to those who have not owned property within the past three years. State-backed first-timer programs often feature smaller downpayments and below-market interest rates. For details, speak with your local REALTOR®.

How do you get a loan?

To obtain a loan you must complete a written loan application and provide supporting documentation. Specific documents include recent pay stubs, rental checks and tax returns for the past two or three years if you are self-employed. During the prequalification procedure, the loan officer will describe the type of paperwork required.

Where do you get a loan?

Mortgage financing can be obtained from mortgage bankers, mortgage brokers, savings and loan associations, mutual savings banks, commercial banks, credit unions, and insurance companies.

Source: REALTOR.com w/Permission