What is my home worth

Are you asking yourself, “What is my home worth?” To find out what is your home worth and to receive a detailed report of the estimated value of your home, please click on the link below and enter your home address.

You will instantly be emailed a detailed and personalized Comparative Market Analysis (CMA) on your home, which includes information from the local multiple listing service (MLS) with the most recent closed sales in your area.

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Can A Home Buyer Pay More Than Market Value

Can a home buyer pay more than market value for a home? Real estate broker Nicolas Romo from Realty Connection Group answers this questions in this brief video. To watch the video, please visit:

If you want to find out what your home is worth, please visit:

www.HomePricesInPasadena.com

Or, you can call us at (800) 659-4610

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Mortgage Interest Rates

As of September 17, 2014, the mortgage interest rates rose for the 3rd straight month.  It is not uncommon for mortgage interest rates to rise when the Federal Reserve is scheduled to meet.

At any rate, mortgage interest rates remain historically relatively low.

Weekly national mortgage survey

Results of Bankrate.com’s Sept. 17, 2014, weekly national survey of large lenders and the effect on monthly payments for a $165,000 loan:
30-year fixed 15-year fixed 5-year ARM
This week’s rate: 4.33 3.46 3.35
Change from last week: +0.06 +0.04 +0.06
Monthly payment: $819.45 $1,176.32 $727.18
Change from last week: +$5.82 +$3.24 +$5.46

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Waiting Period To Buy a Home Again After a Foreclosure or Short Sale

wait is almost overWaiting Period To Buy a Home Again After a Foreclosure or Short Sale

How long must a previous homeowner wait before he/she can buy another home after they experienced a foreclosure, short sale, bankruptcy, or deed-in-lieu of foreclosure? According to the September 2014 California Real Estate official magazine of the California Association of Realtors, former home owners must wait the following estimated amount of years in order to re-qualify for home loan financing.

  1. Federal Housing Administration (FHA): 1-3 years after a short sale or foreclosure
  2. Veterans Affairs (VA) Home Loan: 3 years after a short sale or foreclosure.
  3. Freddie Mac Conventional Mortgage: 4 Years after a short sale or deed-in-lieu and 7 years after a foreclosure.
  4. Fannie Mae Conventional Mortgage: 2 years with a 20% down ...
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6837 Ramona Ave. Rancho Cucamonga

Amazing home for sale: 6837 Ramona Ave. Ranco Cucamonga, CA 91701

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2013 Home Seller Survey

2013 Home Seller Survey
In August 2013, the California Association of Realtors conducted a survey of home sellers that bought a home between February 2013 and August 2013.

The 2013 Home Seller Survey infographic on the right shows the results of the survey:

  • 50% of the sellers sold their home above asking price.  One can safely say that the home was priced correctly, thus attracting enough buyers that overbid on the home.
  • On Average, they each received approximately 6 offers from buyers.  A home that is priced correctly will definitely receive multiple offers.

Top Reasons for Selling a Home:

  • 23% of home sellers felt that the time was right
  • 14% of home sellers sold due to financial difficulties.
  • 145 of home sellers sold because of the competitive interest rates.
  • 135 of home sellers sold because they felt th...
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Join Realty Connection Group

join our team

Realtors, can you relate to the questions below?

  • Are you a Realtor that works from home like a lot of Realtors?
  • Have you been licensed and working full time in real estate for over 2 years?
  • Have you closed plenty of buyer and seller transactions?
  • Do you require minimal to zero help to close a real estate transaction?
  • Do you feel that your commission split with your real estate broker is unfair?
  • Most importantly, would you like to give yourself a pay raise?

Hey, as Realtors we work very hard to get the phone to ring and, ultimately,  close real estate transactions. At Realty Connection Group, we believe that you need to be compensated well for your efforts.  Therefore, if you are considering changing brokers, we believe that we can make you an offer that you will not refuse.

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Los Angeles Real Estate Broker

Los Angeles Real Estate Broker

Nicolas Romo has been licensed to help buyers and sellers with their real estate needs since April 2008. Since, he has helped many families buy and sell real estate throughout Los Angeles and southern California. He has plenty of experience with short sales, bank owned properties, regular/standard sales, as well as helping homeowners save their home from foreclosure. Nicolas obtained his real estate broker license in May 2013 and is currently broker/owner of Realty Connection Group. He is a college graduate and ex-police officer with a strong work ethic and excellent understanding of what it takes to sell and by real estate.

Nicolas loves hiking, weight training, going on excursions, reading, traveling, and enjoying the beauty of life with friends and famil...

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