First time home buyers – Seagaze Realty – First Time Buyers, Why you should choose me to be your buyers Agent, Oceanside, CA – Seagaze Realty

Select the Torres Team to be your Buyer's Agent

"Thanks to the Torres Team we have a beautiful place to call home. The Torres Team was wonderful to work with. Being first time buyers they took the time to fully help us understand the complete process of buying a home. With their patience and dedication they were able to help us find the perfect home to suit our family needs. Thank you Torres Team for going above and beyond all expectation." Jose & Michele

For most families, choosing a new home is the biggest financial decision they will ever make. There are many complicated decisions involved in choosing your new home. To protect your interests and assure that you make the best possible decisions, it's important that you have an agent on your side who is an expert in the local real estate market.

As your agents, the Torres Team focus is on getting you the best possible home at the best possible price. we will work hard not only in finding you potential new homes to see, but also in keeping you informed of everything that takes place. As your agents and a top experts in the local market, We'll negotiate the best prices and terms for you and answer all of your questions as they arise. we'll be representing you, not the seller. This assures that our experience and expertise in the local market will be used in your best interests during the negotiation process.

The Torres Team, we will:

Assure that you see all the properties in the area that meet your criteria. Not just those listed on the local MLS, but also many un-listed properties that we find through our local contacts and affiliations.
Guide you through the entire process, from finding homes to look at, to getting the best financing.
Make sure you don't pay too much for your new home. As real estate experts in this area, the Torres Team helps people negotiate and make home purchase decisions every day. We can help you avoid costly mistakes.
Answer all of your questions about the local market area. Not just about homes for sale, but about schools, neighborhoods, the local economy and more.

Let the Torres Team help you find your dream home and assure your best interests are protected throughout the entire process. Feel free to call or e-mail us with any questions you may have at any time. Fill out this form and I'll get back to you right away.

Seleccione el equipo Torres como su agente

Para la mayoría de las familias, la elección de un nuevo hogar es la decisión financiera más grande que nunca hacen. Hay muchas decisiones complicado participar en la elección de su nuevo hogar. Para proteger sus intereses y asegurar que haga las mejores decisiones posibles, es importante que haya un agente de su lado que es un experto en el mercado inmobiliario local.

Como sus agentes, el equipo Torres se centra en conseguir el mejor hogar posible al mejor precio posible. vamos a trabajar duro, no sólo en la búsqueda de posibles nuevos hogares que ver, pero también en mantenerle informado de todo lo que se lleva a cabo. Como su agente y una de las principales expertos en el mercado local, Le negociaremos los mejores precios y condiciones para que usted y responder a todas sus preguntas a medida que surjan. representamos a usted, no el vendedor. Esto asegura que nuestra experiencia y conocimientos en el mercado local se utilizará en sus mejores intereses durante el proceso de negociación.

El equipo Torres, vamos a:

Asegúrese de que usted vea todas las propiedades en la zona que cumplen sus criterios. No sólo de los que figuran en el MLS, pero también un número de propiedades que figuran en la lista que se encuentra a través de nuestros contactos locales y afiliaciones.
Guiará a través de todo el proceso, desde la búsqueda de casas para mirar, para obtener la mejor financiación.
Asegúrese de que usted no paga demasiado para su nuevo hogar. Como expertos de bienes raíces en esta área, el equipo Torres negociar y ayuda a las personas a hacer decisiones de compra de casa todos los días.
Podemos ayudarle a evitar costosos errores. Responder a todas sus preguntas sobre la zona del mercado local. No sólo sobre los hogares para la venta, sino de escuelas, vecindarios, la economía local y más.

Deje que el equipo de Torres le ayudará a encontrar la casa de sus sueños y garantizar su mejor protección de los intereses durante todo el proceso. No dude en llamarnos o enviarnos un correo electrónico con cualquier pregunta que pueda tener en cualquier momento. Rellene el formulario y yo en contacto con usted de inmediato.

"It was such a great experience buying our first home. The headaches we've been through and the patience we had to endure really paid off in the end. Just another great journey through life. Thank you both so much again." Robert & Charlotte

Before You Look at Your First House

Experienced home buyers know that one of the first-steps in beginning a successful search for a new house is taking a hard, objective look at finances. Determining how much money you can dedicate to the purchase of your new house affects almost every aspect of buying a new home - including how we write the offer, which mortgage program you will qualify for, shopping for the best mortgage loan and which homes are truly in your price range.

Here are the questions that each home buyer should ask:

How much cash is available for a down payment? The amount you have available for a down payment will affect what types of loans for which you can qualify.

Am I ready to write a check for the earnest money? Earnest money is a cash deposit made to a home seller to secure an offer to buy the property. This amount is often forfeited if the buyer decides to withdraw his offer.

How much additional cash will be available to pay for closing costs? There are certain standard costs associated with closing the sale of a house. These fees are split between the buyer and the seller, as spelled out in the sales contract.

What is the maximum monthly mortgage payment that I can afford? Most lenders will use the 28/36 rule to determine the maximum mortgage payment you can afford.

Antes de ver Su Primera Casa

Compradores de vivienda con experiencia saben que uno de los primeros pasos en el inicio de una exitosa búsqueda de una nueva casa está teniendo un duro, objetivo analizar las finanzas. Determinar cuánto dinero se puede dedicar a la compra de su nueva casa afecta a casi todos los aspectos de comprar una casa nueva - incluyendo cómo escribir la oferta, lo que hipoteca programa que cumple los requisitos para recibir, ir de compras para el préstamo hipotecario más conveniente y que los hogares son realmente en su rango de precio.

Aquí están las preguntas que cada comprador de vivienda debe preguntar:

¿Cuánto dinero en efectivo está disponible para un pago inicial? La cantidad que usted tiene disponibles para el pago afectará a los tipos de préstamos para los cuales usted puede calificar.
¿Estoy dispuesto a escribir un cheque para el dinero? Dinero es un depósito en efectivo a un vendedor de origen para garantizar una oferta para comprar la propiedad. Esta cantidad es a menudo ejecutada si el comprador decide retirar su oferta.
¿Cuánto dinero adicional estará disponible para pagar los costos de cierre? Hay cierto nivel los costos asociados con el cierre de la venta de una casa. Estos honorarios se dividen entre el comprador y el vendedor, como se indica en el contrato de venta.
¿Cuál es el máximo pago mensual de la hipoteca que puede pagar? La mayoría de los prestamistas se utilice la regla 28/36 para determinar el máximo de pago de la hipoteca que puede pagar.

If you need assistance finding a Mortgage Professional contact Emma Torres and Leticia Torres at (760) 435-2200 we will put you in contact with a mortgage professional and help you through the prequalification process.

Si necesita ayuda para encontrar un Profesional de Hipotecas, communicase con Emma Torres y Leticia Torres (760) 435-2200 le pondremos en contacto con un profesional de hipotecas y le ayudamos con el proceso de precalificación.

Most Homes on the Market Today are Short Sales and Foreclosures

What is a Short Sale? A short sale is a process the seller is hoping to complete before they lose the home to a foreclosure. This is good for the seller as a short sale is less dramatic for them as it will typically not hit them on their long term credit as much as a foreclosure. The seller has started the process with their mortgage company by sending in required paperwork. Now they wait for an offer or several offers.

A short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining balance due on the loan and accepts the proceeds as full payment of the loan. A lender may accept a Short Sale when the Borrower is in severe financial straits and the market conditions make a Short Sale the best choice to mitigate the lender's damages. There is not enough equity to sell and pay all costs of sale and the Borrower can no longer afford the home. This saves the lender the costs of foreclosure and the borrower avoids having a foreclosure on his or her credit report.

What is a Foreclosure? A foreclosure means the seller is letting the property go. The lender may buy back the property at auction if it is not sold. If the lender buys back the property it will be considered Bank Owned or REO Real Estate Owned property. The sellers credit will be affected much harder and won't be able to buy a home for much longer.

The Offer Your offer will be written along with the various documents that you acknowledge the property will be sold in "As Is" condition. You will also be informed that the seller will not be making any repairs or be receiving any monies or paying any out of pocket expenses. Most likely the seller will not be disclosing any past repairs or changes made to the property. What does this mean to the buyer? You are probably buying a property for less than the same home would sell for if it was not a short sale so you can expect a bit more out of pocket repairs and a property that is not in "top notch" condition. Some sellers that simply want to make this process as painless as possible and get an offer prior to a foreclosure so they maintain the property beautifully. This is not typical, most sellers are distressed and have vacated the property and have left it a bit in disrepair.

The short sale process may take between 30-90 days. In some cases could be longer to complete once an offer to purchase is presented to the bank.

The Wait The offer gets faxed into the mortgage company along with a copy of the HUD and your proof of financing the property. Most mortgage companies are flooded with so many that waiting to get a response can vary anywhere from just a week to several months. Not only are you waiting to hear if they are even going to consider your offer you also may be competing with other offers that are either on the table or come in during the wait process. Sometimes you have no idea that you are not the only offer in or whether or not the mortgage company is prepared to take the lesser amount owed. Be patient, this process is not a sure thing and it can be a long wait. If you absolutely need to be placed in a home within the next month or two you should consider a bank owned or individually owned property.

Once the offer to purchase is presented to the bank the bank will then proceed to take steps to verify the property value, repairs, taxes, liens, location, salability, and other factors which will help them decide if that offer is in their best interest.

Once the offer is presented with the sellers complete package the bank then decides if this is an offer they are willing to accept. They send out their own appraiser for a B.P.O. (Brokers Price Opinion) to assess the value and condition and to gauge the validity of the offer. Normally the numbers are right for with the banks so they have little to think about. But, the banks can be unpredictable and we never know if they will: accept an offer, negotiate over the price, or decide that they do not want to sell at a discounted price. However, the bank's response dictates how we handle the deal from here.

Acceptance/Approval Assuming your offer has been negotiated and accepted, the bank will then give a time-frame in which you MUST close by or the contract will become null and void if not closed by that date. Now is the time for you to do your due diligence and get a home inspection! Do not forego the inspection, you need to know the extent of the condition of the property before the end of the inspection period is over and are now at risk of losing the earnest money deposit if you do not move forward and close on the property.

Once an Approval is given for the Short Sale in writing we can open escrow and proceed with the escrow process.

Most Important It is extremely important that you have hired and experienced Realtor that represents you and only you, not the seller. You need to have your own representation with someone that has knowledge with short sales. That is where we come in, both Emma and Leticia are committed in making the process as easy as possible and your dream of buying your new home. Trust that we are doing our job in making your dream a reality.

Tax Credit for Homebuyers

This may be a once in a lifetime opportunity for First Time Homebuyers!

The Tax Credit has been extended contact us for details.

First-time homebuyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit. Remember a tax credit is very different than a tax deduction – a tax credit is equivalent to money in your hand, as opposed to a tax deduction which only reduces your taxable income.

The tax credit starts phasing out for couples with incomes above $150,000 and single filers with incomes above $75,000. Buyers will have to repay the credit if they sell their homes within three years. Buyers will not have to repay the government if they keep their home for 3 years.

Tax Credit Versus Tax Deduction

It’s important to remember that the $8,000 tax credit is just that… a tax credit.

The benefit of a tax credit is that it’s a dollar-for-dollar tax reduction, rather than a reduction in a tax liability that would only save you $1,000 to $1,500 when all was said and done. So, if a homebuyer were to owe $8,000 in income taxes and would qualify for the $8,000 tax credit, they would owe nothing.

Better still, the tax credit is refundable, which means the homebuyer can receive a check for the credit if he or she has little income tax liability. For example, if a homebuyer is liable for $4,000 in income tax, he can offset that $4,000 with half of the tax credit… and still receive a check for the remaining $4,000!

Crédito de Impuestos para compradores primerizos de casa

Desde el inicio de este año hasta el final de noviembre de 2009 cuando compra casa por primera vez pueden ser elegibles para recibir el menor de $8000 dólares o un 10% de crédito fiscal del valor de la casa. Recuerde que un crédito fiscal es muy diferente de una deducción de impuestos - un crédito fiscal es equivalente a dinero en mano, a una deducción de impuestos que sólo reduce sus ingresos imponible.

El crédito fiscal se inicia la eliminación gradual de las parejas con ingresos superiores a $150,000 y archivadores solteros con ingresos superiores a $75,000 dólares. Compradores tendrán que pagar el crédito si venden sus casas dentro de tres años. Compradores no tendrán que pagar el crédito al gobierno si mantienen su hogar por mas de 3 años.

Crédito Tributario contra la deducción fiscal
Es importante recordar que los $8000 dólares de crédito fiscal es sólo eso ... un crédito fiscal. El beneficio de un crédito fiscal es que es un dólar por dólar la reducción de impuestos, en lugar de una reducción de una deuda tributaria que sólo ahorrar $1000 a $1500 cuando todo se ha dicho y hecho. Por lo tanto, si un comprador de casa debe $8000 en los impuestos y califican para el crédito fiscal $8000, que no deberían nada.

Mejor aún, el crédito fiscal reembolsable, lo que significa que la vivienda puede
recibir un cheque por el crédito, si él o ella tiene pocos impuestos imponible. Por ejemplo, si una casa es responsable por $4000 en impuestos, que puede compensar $4000 con la mitad del crédito fiscal ... y aún así recibir un cheque por el resto de $4000!

First-time Homebuyers

The Torres Team will . . .

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Work at no cost to you!

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Provide detailed listing information not available to the general public.

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Negotiate the deal to save you money.

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Guide you through the avalanche of paperwork.

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Commit time and energy to finding you the right home.

Your decision to buy a home is both a sound financial decision and a commendable achievement. As your real estate agents . . .

The Torres Team will lead you through every step of the exciting home buying process.
The Torres Team will help you define your "wish list" of features you want in your home, your neighborhood, and your school district.
The Torres Team will walk you through the mind-boggling financial details associated with buying a home, including understanding the various mortgages and home buying programs available to you.
The Torres Team will monitor all new listings and alert you to new houses as soon as they are put on the market.
The Torres Team will eliminate the stress involved with buying a home.

Finding the perfect home is our business. Contact the Torres Team today!

Comprar Casa por primera vez

El equipo Torres. . .

Trabajar sin costo alguno para usted!

Proporcionar una lista detallado de información no disponible al público en general.

Negociar el acuerdo para ahorrar dinero.

Guiará a través de la avalancha de trámites.

Tiempo y energía se comprometen a buscarle el derecho a casa.

Su decisión de comprar una casa es una buena decisión y un logro. Como su agente de bienes raíces. . .

El equipo Torres le llevará a través de cada paso del proceso de compra de vivienda emocionante.
El equipo Torres le ayudará a definir su "lista de deseos" de las características que usted quiera en su casa, su barrio y su distrito escolar.
El equipo Torres le guiará a través de la alucinante detalles financieros asociados con la compra de una vivienda, incluyendo la comprensión de las distintas hipotecas de compra de vivienda y los programas disponibles para usted.
El equipo Torres seguirá de cerca todos los nuevos anuncios y que le avise a nuevas casas tan pronto como sean puestos en el mercado.
El equipo Torres eliminar la tensión relacionada con la compra de una vivienda.

Encontrando el hogar perfecto es nuestro negocio. Póngase en contacto con el equipo Torres, hoy!