Real Estate Tips and Helpful Hints

WHAT IS MORTGAGE PRE-QUALIFICATION?

Mortgage prequalification shows that a mortgage lender has estimated how much house you can afford based on basic financial information about you. It’s a preliminary indication whether you can get a loan, and how much that loan might be.

Grow your own veggies with seasonal guide. 🗓
Enjoy Fresh Produce at Home! 😉🍅✨

GARDENING TIPS 🍆🥑🍎🍓🌱🍍🍍🍋

Here are some recommended planting dates for California's major regions:
North and North Coast: May, early February, late April, and May
Desert Valleys: March, February–June, and December–February
Southern California: Fall between October and November, before the first rain
Los Angeles: First frost date is December 15, and last frost date is February 1
Sacramento: Last spring frost occurs on average on March 1, and first fall frost occurs on average on November 26

Hello for those of you that don’t know me personally let me reintroduce myself…
My Name is Dani M Schlarmann, I’m happily married to my Wife Analiza Schlarmann. We have two amazing children and are blessed with 5 grandsons precious.
With over four decades of experience in the Mortgage industry, I've dedicated my career to helping individuals and families achieve their dreams of homeownership. Since 1983 I've been passionately navigating the ever-evolving landscape of real estate finance, serving as both a loan officer and broker.

Having facilitated the sale of thousands of loans, I take pride in the nearly half billion dollars in loans funded personally throughout my lifetime. Each transaction represents not just a financial milestone, but a testament to the trust and confidence my clients place in me.

From guiding first-time homebuyers through the intricacies of securing their first mortgage to assisting seasoned investors in expanding their portfolios, I've had the privilege of being a part of countless journeys towards property ownership.

Along the way, I've established my own brokerage and had the honor of working alongside some of the industry's top names, including Fannie Mae. These experiences have equipped me with invaluable insights and a deep understanding of the market, enabling me to provide tailored solutions to meet my clients' unique needs.

Whether you're buying, selling, or refinancing, I'm here to leverage my expertise and resources to help you achieve your real estate goals. Let's turn your dreams into keys to your new home!

BROKERS AND REALTORS
Knowing your worth is so important. Not only professionally but personally as well. This analogy helps demonstrate this.

A bottle of water at Sam's Club is $0.25. The same bottle in the supermarket is worth about $0.50. The same bottle at fast food place costs $2. In a good restaurant or hotel, it can be worth up to $3. At an airport or on the plane, you may be charged $5. The bottle and the brand are the same, the only difference is the place.

In the real estate space, it may seem to a home buyer or seller that they will benefit monetarily by not hiring an agent. But buying or selling a home is a significant financial and emotional undertaking. The importance and advantages of hiring, YOU an experienced realtor cannot be overstated!

Here’s a punch list of just some of the compelling reasons why it’s well worth the investment to hire a Realtor especially in today’s roller coaster.

Experienced realtors possess extensive knowledge of the local real estate market. They understand the current trends, pricing dynamics, and neighborhood specifics. For home buyers, this expertise allows them to make informed decisions regarding the location, amenities, and investment potential of a property. For home sellers, realtors have a deep understanding of how to price their homes competitively and attract potential buyers.

Efficient and Time-Saving Process:
Realtors act as intermediaries, streamlining the entire process and saving both buyers and sellers valuable time. They handle tasks such as scheduling property showings, coordinating inspections, negotiating offers, and managing paperwork, enabling clients to focus on their personal and professional lives.

You have established networks of professionals within the industry, including mortgage lenders, appraisers, home inspectors, and contractors. This network can be invaluable for home buyers and sellers, as realtors can connect them with reliable and trusted individuals who can assist throughout the buying or selling process.
Know & Show Your Worth!
Bring your unique value to the table

Everyone’s goal is to do things as proficiently and efficiently as possible, thus saving time and money. By enlisting the services of a seasoned professional such as yourself, individuals can navigate the complexities of the real estate market with confidence, ultimately achieving their goals and maximizing their investment. With me as part of your professional tool kit, I will support both you and your clients with integrity and bring with me a wealth of knowledge and experience that only a seasoned mortgage advisor can offer.


Show Me the Ways!
I WORK WEEKENDS!
If you need anything this weekend please don't hesitate to reach out to me.

Hi Everyone,

The housing market has been shifty lately. It’s hard to predict where things are headed, but there are some facts that put those scary rumors to rest. True, mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices would end up crashing.

Prices have been relatively flat at the national level. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), doesn’t expect that to change:
“Home prices will be steady in most parts of the country with a minor change in the national median home price.”
Are the housing crash rumors true?
Here's the real deal
You might think sellers would have to lower prices to attract buyers in today’s market, and that’s part of why some have been waiting for prices to come crashing down. But there’s another factor at play – low inventory. And according to Yun, that’s limiting just how low prices will go:
“We simply don’t have enough inventory. Will some markets see a price decline? Yes. [But] with the supply not being there, the repeat of a 30 percent price decline is highly unlikely.”

A recent survey from Zonda shows 53% of millennials are still renting right now because they’re waiting for home prices to come down. But here’s the thing: the most recent data shows that home prices appear to have bottomed out and are now on the rise again. Selma Hepp, Chief Economist at CoreLogic, reports:
“U.S. home prices rose by 0.8% in February . . . indicating that prices in most markets have already bottomed out.”
But only time will tell…..

Spring showing so many Blooms,
Not all plants are good for FURBABIES ❗️❣️🐾

The U.S. housing market suffered the BIGGEST DROP IN VALUE 🏡 since 2008 as home prices came crashing down.

That's according to a new report from real estate brokerage firm Redfin, which showed that the total value of U.S. homes tumbled from a record high of $47.7 trillion in June 2022 to $45.3 trillion at the end of the year — a decline of $2.3 trillion, or 4.9%.

It marks the biggest drop in percentage terms since the 2008 financial crisis, when home values plunged by 5.8% from June to December.

During the COVID-19 pandemic, home prices soared at a pace not seen since the 1970s with mortgage rates near a record low. Homebuyers — flush with stimulus cash and eager for more space during the pandemic — flocked to the suburbs.

Demand was so strong, and inventory so low, that at the height of the market some buyers waived home inspections and appraisals or paid hundreds of thousands over asking price.

Come February, Americans anticipate the activity of Punxsutawney Phil, the climate-forecasting rodent whose shadow will signal if winter will persist longer or be shorter.

But weather isn’t the only thing we’re eager to get an expert forecast on right now. Many of us also want to know where mortgage rates will land in the second month of 2023, all the better to guide our decisions on purchasing or refinancing a home.

Here’s a silver lining among these overcast days of snow, ice and frigid temperatures: Freddie Mac reports that mortgage rates continue to dip. The benchmark 30-year fixed-rate mortgage is averaging 6.13 percent at the time of this writing, up 2.58 percent from a year ago but down from its 7.08 percent high last autumn. And the Mortgage Bankers Association (MBA) reports that for the week ending Jan. 20, mortgage applications jumped 7.0 percent over the week prior.

Punxsutawney Phil -- the legendary groundhog weather watcher -- woke up and saw his shadow Thursday morning, calling for six more weeks of winter.

Each February 2, on Groundhog Day, the members of the Punxsutawney Groundhog Club make the pilgrimage to Gobbler's K**b, Phil's official home.

The group waits for Phil to leave his burrow and, legend has it, if he sees his shadow we're in for six more weeks of winter. If he doesn't, we get to bask in an early spring.

FEBRUARY GARDENING TIPS 🌿🍊🥑 🍋

Planting Season Begins in February for Southern California Gardeners:

Plant herbs and cool-weather vegetables: Herbs such as parsley, oregano and thyme can be planted now. February is also the optimal time to plant asparagus, beets, broccoli, cabbage, carrots, lettuce, onions, peas, potatoes, radishes, turnips and rutabaga. They will be ready to harvest in spring.

Feed avocado and citrus trees: It’s time to give your citrus and avocado trees the nitrogen and nutrients they need for their coming growth spurt. If there is a chance of frost in your area, wait until March. Allow fallen avocado leaves to remain under the tree as mulch to protect from avocado root rot. Remove branches that touch the ground to help prevent ants from taking over the tree.

More and more people rely on mortgages to achieve their homeownership goals than ever before, whether they’re looking to buy a home, take out a reverse loan, or refinance a current space. However, most borrowers don’t realize—mortgage lending practices have evolved significantly over the years, and they’re continuing to evolve to meet the needs of modern homebuyers! So, in broad strokes, what’s our mortgage history, and how have mortgages changed to keep up with current times? Call me and we can discuss your options.
Dani Michael Schlarmann, SR
951-858-4388

What vegetables harvest in October?

Here is list of some of the vegetables and fruits that will come to harvest in October: Vegetables: beans, capsicum (sweet peppers), carrot, celeriac, chilies, Chinese cabbage, corn, cucumber, eggplant, kale, lettuce, melons, okra, peas, pumpkins, purslane, rutabaga (Swede), snow peas, spinach, summer squash, tomato

AUGUST HARVEST HARVEST HARVEST!!

August is also a great time to harvest many varieties of pears, plums, apple, pluots, and peaches. If you don’t have fruit trees but you’re wishing you had some fruit to pick from your garden right about now, start planning so you’ll have some next year! The best time to plant fruit trees is in fall when the weather cools, so now’s the time to decide what you want to plant

GARDENING TIPS FOR JULY 2022

What can I plant in my garden in July in California?
Vegetables and Fruits. Transplant basil, beans, celery, chard, corn, cucumbers, dill, kale, leeks, summer-maturing lettuce, okra, green onions, melons, white potatoes, pumpkins, summer savory, New Zealand spinach, and summer and winter squash.

GDP Declines

Economic growth during the second quarter was weaker than expected, which was favorable for mortgage markets this week. The Fed meeting revealed no surprises and caused little reaction. As a result, mortgage rates ended the week a bit lower.

As expected, the Fed raised the federal funds rate by 75 basis points on Wednesday, matching the largest increase since 1994 seen at the last meeting, and indicated that more rate hikes are coming to fight inflation. Neither the meeting statement nor Chair Powell's comments during the press conference revealed any unexpected shift in policy. What emerged was the message that officials will evaluate incoming economic data to determine the size of rate hikes going forward, meaning that investors should no longer count on receiving precise guidance in advance. Investors are now split about whether there will be an increase of 50 or 75 basis points at the next meeting in September.

Gross Domestic Product (GDP) is the broadest measure of economic activity. During the second quarter, GDP fell at an annualized rate of 0.9%, well below the consensus forecast for an increase of 0.5%, but an improvement from a decline of 1.6% during the first quarter. A wide range of components had negative readings including inventories, private investment, and government spending. Consumer spending on goods also declined, but this was more than offset by increased spending on services.

Call me for the BEST RATES!!
Dani Schlarmann Sr.
(951) 858-4388

This week, the highly anticipated Employment report released on Friday was a little stronger than expected, while the other major economic data was mixed. As a result, mortgage rates ended the week higher.

Against a consensus forecast of just 250,000, the economy added 372,000 jobs in June, which was right in line with the gains seen over the last few months. The unemployment rate held steady at 3.6%, just above the lowest level since 1969. Average hourly earnings, an indicator of wage growth, were an impressive 5.1% higher than a year ago, though down from an even larger annual rate of increase of 5.3% last month.

If you have any questions or just want to chat
Call Me
Dani M Schlarmann, SR
(951) 858-4388

ATTENTION HOMEOWNERS AND BUYERS
(here’s a thought)

Marry the house 🏡 but just date the interest rate. Over 38 years in the business I’ve learned rates eventually come back down. 💒 💍

Rarely have I seen anyone keep a loan for more than 4-5 years. But they certainly keep the home 🏠
So “marry” the home 🏡 you love ❤️ and decide the interest rate is just a “date”👩‍❤️‍💋‍👩 for a couple years. Dig into your budget and find yourself a little room.

Potential Homeowners and dreamers and doer’s let’s find you the 🏡 you love.
MAKING DREAMS A REALITY!! 🏠🏡

Call 📱 Analiza to answer any questions you may have. (951)858-4380
Or if you need a loan or need get qualified
Call
Dani at (951) 858-4388 .dani

If you have used Dani Schlarmann’s services please take a few minutes to let us know how your transaction went.

Thank You... The highest compliment we can receive is your Referral. 🏡
Feeling Blessed to be able to help this amazing family get their first home!!

"In all the ways acknowledge him, and he shall direct thy paths." Proverbs 3:6
(951) 858-4380

WANT TO MAKE YOUR DREAMS A REALITY?

*You Don't Have to have 20%

*You Don't have to have excellent credit score.

*We are helping people get into their DREAM HOME.

*First Time Home Buyer Programs

*Move-Up Programs...Help You Buy Before You Sell, Guaranteed..

*VA & Active Duty Military Loan Programs.

Don't Miss Out And Let Us Get You Into Your New Home In 2018

PM Dani Schlarmann to get PreQualifies or
For Details

Dani Schlarmann. SR
951-858-4388

HOUSING MARKET PREDICTIONS
FOR JULY 2022
Nadia Evangelou, senior economist and director of forecasting at the National Association of Realtors (NAR), says rates should average around 5.7% by late 2022. But these higher costs are putting pressure on the housing market.

WILL 2022 BE GOOD TO BUY A HOUSE?

Unsurprisingly, many home buyers are left wondering: Is buying a house still worth it in 2022?
The short answer is yes. If you're financially ready, buying a house is still worth it — even in the current market. Experts largely agree that buying and owning a home remains a smarter financial move than renting for many.

JULY GARDENING TIPS!!

Pruning plants in summer is just as important for some plants as winter pruning...
Spring-flowering shrubs
Deutzia.
Flowering quince.
Forsythia.
Philadelphus.
Lilac.

Plant in July

At the end of the month, sow carrots, celery and cole crops--broccoli, Brussels sprouts, cabbage (especially red and savoy types, which resist frost better), cauliflower, and kohlrabi.

SPECIFICALLY BY ZONE

Beans (Zones 3-8):
You can still plant both bush and pole beans since they love warm soil and air. Try a continual 7-10 day sowing of different varieties. This will give you continual bean crops for a fall harvest.
Learn More: How to Grow Beans
Suggested varieties: Blue Lake FM-1K Pole, Landreth Stringless, Strike

Brussels Sprouts (Zones 3-9):
Brussels Sprouts have a long harvest and can be planted and transplanted in July. This fall crop can be enjoyed roasted, boiled or eaten raw in thin shavings.
Learn More: How to Grow Brussels Sprouts
Suggested varieties: Long Island, Gustus

Broccoli (Zones 3-6):
For a delicious fall harvest, start broccoli now to produce a crop well into November.
Learn More: How to Grow Broccoli
Suggested varieties: Calabrese, Aspabroc Baby, Early Purple

Carrots (Zones 3-5):
Starting carrots or planting for cooler zones by mid-July yields a fall crop that will keep in the garden until used.
Learn More: How to Grow Carrots
Suggested varieties: Little Finger, Culinary Blend, Nantes

Corn (Zones 3-8):
Try a small plot of corn in, working your way to a large field of several varieties. The last practical date to plant any corn variety is the first week in July and you must plant an early maturing corn variety.
Learn More: How to Grow Corn
Suggested varieties: Bodacious, Sugar Buns, Early Golden Bantam

Cucumbers (Zones 3-8):
Fast growing vine or bush cucumber plants can produce an abundance of cucumber fruits for a delicious early fall harvest. Be careful to pick a variety for the space you have in your garden. Vine cucumbers can be the best tasting but need far more space than bush varieties.
Learn More: How to Grow Cucumbers
Suggest varieties: Homemade Pickles, Double Yield, Sumter

Kale (Zones 3-9):
Planting kale mid-July through mid-August will yield an excellent harvest in the fall and winter.

JANUARY AND FEBRUARY GARDENING TIPS

Start Tomato Seeds. ...
Transplant Cool-Season Plants. ...
Harvest Oranges & Other Citrus. ...
Cut Flowering Branches to Bring Indoors. ...
Fill Your Garden with Herbs. ...
Plant Artichokes. ...
Continue Pruning Roses. ...
Check Irrigation in Your Vegetable Garden

Gardening in January and February: This is absolutely everything you need to do. Get digging, feeding, mulching and pruning. It's time to prune deciduous shrubs and fruit trees, before the sap starts to rise and the buds break. Cut out anything that's dead, diseased or damaged.

HAPPY NEW YEAR!!

Mortgage Rates Rise

Concerned about higher inflation, investors began the year by pushing up bond yields. Wednesday's more hawkish (in favor of tighter monetary policy) than expected Fed minutes then sparked another round of bond selling. As a result, mortgage rates ended the week at the highest levels since April of last year.

Early in the pandemic, the Fed initiated a new bond purchase program to help stimulate the economy. Given the progress of the recovery and the rise in inflation, the Fed is now in the process of winding down that program and is on track to conclude it around the end of March. With that in mind, investors have been looking for guidance on the timing for additional tightening measures including federal funds rate increases and a reduction in the massive portfolio of bonds accumulated on the Fed's balance sheet during the purchase programs.

Based on the minutes from the December 15 Fed meeting released on Wednesday, investors moved forward their expectations for these other tightening measures. The first rate hike is now expected shortly after the bond purchase program ends, along with at least two more before the end of the year. In addition, all Fed officials expressed support for a reduction in the enormous balance sheet holdings of Treasuries and mortgage-backed securities (MBS) "at some point" after the first rate hike. This sooner than anticipated reduction in Fed demand for MBS caused mortgage rates to rise.

The closely watched Employment report released on Friday revealed mixed results. Against a consensus forecast of 420,000, the economy gained just 199,000 jobs in December. However, revisions added 141,000 jobs to the figures for prior months, offsetting most of the shortfall. The gains were broad-based across a wide range of industries, led by the leisure and hospitality sectors. The economy now has roughly 3 million fewer jobs than in February 2020 prior to the start of the pandemic.

The other major components of the report were stronger than expected. The unemployment rate, which is based on a survey of individuals, declined from 4.2% to 3.9%, below the consensus forecast of 4.1%, and the lowest level since February 2020. Average hourly earnings, an indicator of wage growth, exceeded expectations and were an impressive 4.7% higher than a year ago.

Merry Christmas from our House to Yours 🎄

Southern California July Gardening Tips for July

Some of the summer vegetables that can be planted now from seed are bush beans, pole beans, carrot, sweet corn, cucumber, kohlrabi, leaf lettuce, mesclun, all melons, long-day onion, parsnip, turnip, radish, pumpkin, Swiss chard, spinach, and squash

Happy Gardening!!

Hello Friends,

Investors were focused on inflation this week, and the most recent data was stronger than expected. However, soothing comments on the subject from the Fed helped calm investor concerns, and mortgage rates ended the week nearly unchanged.

In June, the core Consumer Price Index, a closely watched inflation indicator which excludes the volatile food and energy components, surged 0.9% from May, above the consensus forecast for an increase of just 0.5%. Particularly large gains were seen in prices for items affected by the pandemic such as used cars and airline tickets. Core CPI was 4.5% higher than a year ago, up from an annual rate of increase of just 1.6% in March, and the highest level since 1991.

During his semiannual testimony to Congress, Fed Chair Powell suggested that it was too soon to begin to tighten monetary policy and that achieving sufficient progress toward full employment was still "a ways off." He acknowledged that inflation has climbed substantially and "will likely remain elevated" in coming months, but he expects it to moderate over time as imbalances caused by the pandemic ease. Investors viewed Powell's patient attitude toward inflation as an indication that the Fed is not in a hurry to scale back its bond purchase program, which was good news for mortgage rates.

Since consumer spending accounts for over two-thirds of U.S. economic activity, the retail sales data is a key indicator of growth. In June, retail sales rose 0.6% from May, which was far above the consensus forecast for a moderate decline. Sales were 18% higher than a year ago and well above the levels seen before the pandemic. The strong results were even more impressive in light of current conditions. First, a shortage of new vehicles due to a lack of chips and other components held back auto sales. In addition, consumers have been shifting their spending from goods, which are included in retail sales, to services such as travel and entertainment, which are not.

Looking ahead, investors will closely watch Covid case counts around the world. They also will look for hints from Fed officials about the timing for changes in monetary policy. Beyond that, it will be a very light week for economic reports with a focus on the housing market. Housing Starts will be released on Tuesday and Existing Home Sales on Thursday.

Have a beautiful and Safe Weekend