Verceluz Realty

"Remembering and honoring the brave souls who have sacrificed everything for our freedom. This Memorial Day, let us reflect on the sacrifices made and the values we hold dear. Grateful for the heroes who have paved the way for us. 🇺🇸
"

Thank you 2022! 🙏 Welcome 2023! 🥳

Happy New Year! 🎆

Merry Christmas! 🎄🥰❄️

May this season bring you lots of love and joy.

"Be thankful for what you have; you'll end up having more. If you concentrate on what you don't have, you will never, ever have enough."
- Oprah Winfrey

VA loans can help make homeownership possible for those who have served our country.

What are the benefits:
✅ As low as 0% Downpayment
✅ Better Terms and Interest Rates
✅ Limited Closing Costs

Who is eligible?
✅ Active duty Personnel
✅ Veterans
✅ Members of the Reserves and National Guard
✅ Eligible Spouses

Reach out to us today to make your dream of homeownership possible and take advantage of the VA loan program.

Clean your house, empty your closet and pack up your knick-knacks to make your house feel bigger.

In short, DECLUTTER, DECLUTTER, DECLUTTER! 🧹

You'll need to pack those things up anyway when you finally sell your house. Why not do it now, right? 🤷🏻‍♂️

Follow for more seller tips. 🔥

It's the end of the month. Your rent is due again. Have you considered getting your own house 🏡?

Here are the numbers in Temecula, CA from last month's data to give you a quick overview of how much you need for monthly payments.

If you are interested to find out the numbers in a different city, feel free to chat with me.

** The estimated monthly mortgage payment assumes a 30-year fixed-rate mortgage (FRM) at a 5.22% interest rate. Payment also includes an assumption of 1.38% for property taxes and insurance.

*** Reports are updated with last month's data by the third week of the current month

Would you live in one? 🏠🔑

Closing Costs are fees paid at closing and are typically 3-6% of the loan.

So who pays for it?

No law dictates who should pay for it in California. In a typical transaction, both homebuyer and seller each pay their closing costs. However, certain closing costs are usually paid by the buyer and some by the seller.

I only have money reserve for down payment. Can I still get a house?

There are closing cost assistance programs that can cover your closing costs based on your qualification.

Connect with your trusted Real Estate Agent to discuss your options and more about closing costs.

How long does a pre-approval usually last?

The timeframe varies by lender, but a mortgage pre-approval is typically good for 90 days.

Contact us to connect you to a trusted Lender that can help you make your dream of homeownership a reality.

Myth: You need to save 20% Down Payment to purchase a house.

Fact: There are a variety of programs to choose from. Such as FHA, VA, and USDA which only require 3.5% up to as low as 0% Down Payment.

Talk to your trusted Real Estate Agent to get more information about these programs. Your agent can introduce you to a trusted loan officer to match you with the best program available for you.

Today is the 21st year to honor the fallen heroes and victims of 9/11.

Let's commemorate this day and may everyone be healed from the trauma that the event had caused to many Americans.

#911

Today is World Su***de Prevention Day.

❤ Please know YOU matter. ❤

If you are ever feeling down or simply need someone to talk to please do not hesitate to reach out to us or to the people that you can trust.

***depreventionday ***depreventionday2022 ***de ***deprevention ***deawareness

Listing Agent (LA) a.k.a. Seller's agent and Selling Agent (BA) a.k.a. Buyer's agent are both licensed Real Estate professionals that have a fiduciary duty to their clients that they represent.

The LA represents the seller and the BA represents the buyer. An agent is called a Dual Agent if he/she is representing both parties in the transaction and must be disclosed to each client before forming a contract.

There was a time when there was only a Real Estate Agent. No LA, no BA. However, when selling a house, the agent's duty is to get the seller the highest and best offer. By also representing the buyer in the transaction, that agent may or may not be going against the fiduciary duty to the seller. This creates a conflict of interest that resulted in various lawsuits.

💬 Ask yourself these questions when hiring a Real Estate agent. 💬

Will my agent have my best interest at all times?
Will my agent be loyal to me as a client?
Will my agent treat my information with confidentiality?
Will my agent provide care and diligence?
Will my agent practice obedience, not just to me but to the law as well?
Will my agent disclose to me any known facts pertaining to the transaction?

If you answer NO to any of the questions, it is time to find another agent that will and can practice his/her fiduciary duty to you as a client.

Contact us if you need an agent that can answer all Yeses to the questions. Talk to you soon.

Buyer Credit Score Tip!

Your FICO score consists of:

35% payment history. Pay your credit accounts on time. If you're in a tight spot before the billing date, pay at least the minimum to avoid a penalty.

30% Amount Owed. Keep your credit usage to less than 30%. If you can, pay it down to lessen your interest.

15% Length of Credit History. Don't close a credit account, especially your longest one. Lenders wanted to see that you are in good standing with other lending institutions.

10% New Credit. Did you open a new credit account recently? Applied for a new credit card? Financed a car? Purchased a big furniture?

10% Credit Mix. This includes credit cards, retail, mortgages, student loans, etc.

Aside from your credit score, it is smart to check your credit health at least once a year.

There are free resources such as www.annualcreditreport.com for you to monitor your credit health. The website allows you to view the Big 3 (Experian, Equifax, and Transunion). You can view them all at once or check each one every quarter.

Getting your credit health in good shape is a must when buying a home.

Also, consult with a credit professional if you have any concerns about your credit.

🏡❤🔑

If there’s a difference between the sale price and the appraised value, you’ve got what’s called an “appraisal gap.”

If the appraised value is higher than the sale price, you’re getting a great deal. If the appraised value is lower than the sale price, you have some decisions to make about how to move forward.

What are your options if the Appraisal comes in low?

Option 1: Pay the Difference.
Option 2: Renegotiate the Price With the Seller
Option 3: Terminate the Offer

Make sure that you work with a trusted Real Estate Agent that can help you navigate the process and guide you to the best option in your specific scenario.

Follow us for more Real Estate Tips.

Home Buying Tips (Millenials or Not)

1. Have Good Credit
2. Stay employed
3. Save for a downpayment
4. Find professionals that you can trust
5. Get pre-approved
6. Ask a lot of questions
7. You are closer to owning a Home than you think.

Whether you are planning to buy in a few months or next year, we are here to guide you. Call or Text us at 951-551-2311 for a NO-COST consultation.

It's the end of the month. Your rent is due again. Have you considered getting your own house?

Here are the numbers in Temecula, CA from last month's data to give you a quick overview of how much you need for monthly payments.

If you are interested to find out the numbers in a different city, feel free to chat with us.

** The estimated monthly mortgage payment assumes a 30-year fixed-rate mortgage (FRM) at a 5.41% interest rate. Payment also includes an assumption of 1.38% for property taxes and insurance.

*** Reports are updated with last month's data by the third week of the current month

Always start with the lowest offer on a home. MYTH!

I know that as a buyer, we wanted to get the house at the lowest price possible. However, it is sometimes not a good indicator (remember, you get what you paid for) if the seller side sells it to you for less than its market value.

It's best to rely on your trusted Real Estate agent to form a strategy and make you a winning offer.

Looking for something to beat the heat or food to fill your belly?

Come visit Delight Ice Cream & Drinks located in Murrieta, CA.

They have great selection of ice cream, drinks, and taiyaki.

It's National Just Because day BUT if you're a BUYER don't skip this contingency Just Because.

When buying a home, you want to make the right choice, be confident with your decision, and not be part of the 39% who bought during Covid-19 that felt remorse.

One thing you shouldn't be doing Just Because is waiving your Home Inspection. As a buyer, you wanted to find out what repairs that need to be done (this includes, plumbing, roof, foundation, electrical system, HVAC system, and more) before closing on that home you love. Home inspection contingency also gives you the option to back out if you find something unfavorable to you regarding the safety condition of the house. Note: You cannot back out Just Because.

We are past the time when buyers are waiving contingencies left and right. Unless you're an investor or have the money to fix the house, don't.

Better yet, talk to your trusted Real Estate agent to help you weigh your priorities and find out more about home inspection.

Check out last month's market numbers in Temecula, CA! If you want information on a specific town or county, I'm happy to send you more detailed information.

Don't hesitate to shoot me a text or call at 951-551-2311

Did you also know that purchasing central park was more expensive than buying the state of Alaska?

The 843-acres of land for Central Park cost New York 🗽 State legislature approximately 7.4 million dollars. For reference, the U.S. paid Russia 7.2 million for Alaska around the same time.

Going FSBO (For-Sale-By-Owner) might seem like you're saving money, but are you really?

According to Collateral Analytics, a real estate analytic product company, FSBO homes sell for an average of 5.5% less than comparable homes with agents.

It's important to note that most buyers will be represented by an agent. In 2021, 87% of buyers bought with a broker or agent — so you'll still need to offer the standard 2-3% commission or else agents won't be motivated to show your property.

That 5.5% more than wipes out the 2-3% seller's agent commission, so you'll need to be extra careful with pricing your home and negotiating concessions.

Source: https://homebay.com/tips/how-to-optimize-your-zillow-for-sale-by-owner-listing/

There are pros and cons to both options. Let's chat to find out the best option for you.

Under Contract in just 2 days!!!

41423 Ashburn Rd, Temecula 92591

3 beds 🛏 2 baths 🛁
1,689 sq ft
8,276 sq ft lot

Located in close proximity to the famous Temecula Wineries🍇, Pechanga Resort and Casino 🎰, Promenade Mall 🏢and many shops nearby.

Representing Seller:
Lourdes Verceluz
CalBRE 01259591
(951) 551-2311

Call or text me with your Real Estate needs.

Under Contract in just 2 days from its listing.

Gorgeous one-story open floor plan home 🏡 in the popular area of Temeku Hills Temecula!

This home boasts a 3 bedroom 🛏 two baths 🚽, on an 8,276 square feet lot. A rare find in this community.

All bedrooms with wood flooring, two of the bedrooms with ceiling fans, including the family room. Good size master bedroom with spacious walk-in closet.

The kitchen 🍽 and bathrooms 🛁 were recently updated making this a turnkey home with every detail in its place. Delightful kitchen with plenty of cabinet space, large central island, granite countertops with stylish backsplash, stainless-steel oven, and refrigerator that's included.

The family room 🛋 is open to the kitchen and has a cozy granite fireplace and views of the great backyard, a laundry area with its own room.

An inviting large backyard 🌲 with a covered patio, gazebo, and barbecue area for those family gatherings. A community that is beautifully built around the Legends Golf Club.

Let's not forget the resort-style 🏖 atmosphere of Temeku Clubhouse and all the amenities included such as a heated pool & whirlpool bath, ballroom, fitness center, tennis courts/basketball court, and game room.

This home is near the famous Temecula Wineries 🍇, Pechanga Casino 🎰, Promenade Mall 🏢, and many shops nearby.

Representing Seller:
Lourdes Verceluz
CalBRE 01259591
Verceluz Realty
(951) 551-2311

JUST SOLD!!!

Investment land in the beautiful City of Menifee.

Sold for $18,500, under asking price

Approx. 4792 sq ft

Represented Buyer:
Roosevelt Nombrado
Verceluz Realty
CalBRE # 02150786

Call or text me for your Real Estate needs @ 951-395-5961

As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get started so you’re not caught off guard when it’s time to close on your home.

Don’t Get Caught Off Guard by Closing Costs As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get...