Friday, October 28, 2016

Fun Designs for Siblings That Share a Bedroom

When my sister and I were little, we shared a bedroom.  We had bunk beds that we split at one point and each bed was on different sides of our room. I think we even put up a folding screen wall to try and separate our 'spaces'. LOLOL

When my two boys were little we had a special bed built for them. Very similar to one of the pictures here. A bed up high, another bed low, and places for a desk to work and floor to play.

Some of these are really great though. I love the chalkboard one best!

See, some separation with the one here!

I would have written my To-Do list if I had this by my bed!

Super sweet. What a great use of space.

I dig it. So mod! Similar to what my boys had.

Friday, October 7, 2016

Housing Market and The Winter Holidays

Just focused on Santa Clarita Valley and our surrounding communities in this post.

We've fallen below 700 active listings again. I checked yesterday and our total was at 677.

Prompted a thought to chat about this morning.

We didn't have an increase by the feds in September for home loan rates. Next meeting is in December, who knows what will happen.

What I do know is that buyers that are looking this last few months of the year are SERIOUS buyers. They aren't any type of lookie-loo, they are ready to buy now.

What I also know is that the new year will bring more listings on the market. Right? You all know this.

So, point of this blog post?

If you're thinking about selling in the next 6 - 12 months, consider listing now. You know the inventory is still low. You know that interest rates are still low. You know that serious buyers are out there. You know, right now, what your competition is.

Take a taste of the Winter 'snow', open your arms/homes to buyers, 
and let's get you moving!

Tuesday, October 4, 2016

Trended Credit Data Now A Reality

There's this awesome lender thing called a DU, or Desktop Underwriter for loans that are going Fannie Mae.

It tells lenders if their borrowers are good candidates for the loan program and if given to Realtors at offer presentation, we feel much more confident that a buyer can truly close on a loan to buy our Sellers home.

Nice news is that the latest DU release is allowing the use of Trended Credit Data now.

This is the mini-skinny on it:

Use of trended credit data in credit risk assessment
  • Considers the monthly payment amounts that a consumer has made on revolving accounts, such as credit cards, over the past two years
  • Offers lenders more insight into how a borrower tends to pay off their revolving credit lines each month, providing a more comprehensive risk assessment
  • Gives borrowers greater ability to control their credit evaluation, and benefits borrowers who regularly pay off, or pay more than the minimum required amount, of their revolving debt, increasing the likelihood that they will receive an “Approve” recommendation from DU

So, sounds like it's a good idea to make larger than just the minimum payments on your Credit Cards people! Happy to report that the DU is creating a more human-like experience.