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Powell Fine Homes
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Serving San Fernando, Conejo and Simi Valleys since 2004
Exemplary Service ~ Impressive Results

Category: Home Buyers

Capital Gain Taxes when selling a home? Here is what you should know:

Home values have skyrocketed over recent years in many markets across the country. Homeowners who decide to sell anytime can potentially make a big profit if they have a lot more equity in the home compared to what is still owed on their mortgage. But there are circumstances under which any profits made after a […]

Buyers: Make Sure You Ask the Seller (Seller’s Agent)These 6 Questions

But there’s a whole new set of questions that you should be asking your seller after the deal is sealed and you’re given the keys to your new abode. Having the answers to these questions will help ensure a seamless transition into your new home. 1. Are there any issues with the home? Sellers are […]

Sellers Are Ready To Sell – According to NAR

Many homeowners have been reluctant to list their homes for sale—some by choice, some for fear of being unable to afford a new home, or of coming out in the red. Recently released findings from a survey by the National Association of REALTORS® (NAR) show more homeowners are ready to move on and unload…or, at […]

Feds Raised Interest Rates, 2nd Time This Year!

The Federal Reserve voted on Wednesday to raise the key interest rate one-quarter percentage point, ticking off the second of three hikes slated for this year. Analysts largely predicted the outcome, even as lagging inflation gave cause for concern. “In view of realized and expected labor market conditions and inflation, the [Federal Open Market] Committee […]

Here are 6 Signs that the Seller is Open for Negotiation!

As a buyer, the more you can get out of a real estate deal, the better and that includes a lower purchase price. Having said that, any information you can gather about the seller regarding the motivations that lie beneath why they’re selling and how open they are to negotiate would be very helpful. In […]

INFOGRAPHIC: 8 Buyer Blunders to Avoid in a Seller’s Market

Are you ready to buy or sell a home, call us so we can help you realize your real estate goals!

Strategies for Writing an Offer on Overpriced Homes

Today’s market it literally insane!   After weeks and months, your dream home finally shows up in your portal and we see it together and realize that this is it….. But then reality hits, the price is at the very high end of what you can afford/what you have set your limits plus it seems […]

Is Your Home Not Selling? Is It Time For A Price Reduction?

Your home has been on the market for a few weeks now with no offers coming in, despite all the showings that have been booked. What could be the problem? Getting feedback from prospective buyers is important in order to gain valuable insight into potential issues with your home that warrant attention. Maybe the problem […]

You Should Know This About Down Payment Gifts!

Coming up with a sizeable down payment these days can be pretty tough, especially when you consider the soaring home prices that buyers have been facing lately. Conventional mortgages require at least 5% down, but a minimum of 20% is needed in order to avoid having to pay the extra costs associated with private mortgage […]

Common Reasons for Why a Pending Sale Does Not Make it To Closing

Whether you’re on the buying or selling end of a real estate transaction, making it all the way to offer acceptance is a huge, rewarding step. Unfortunately, the deal isn’t quite done yet: you still have to make it to final closing. While the majority of deals go though with little or no issues, there […]

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