Paul Aragon's (paragon) Blog

Many buyers are finding it difficult to purchase a home because they get outbid by numerous other buyers wanting the same home. This trend is increasing dramatically in Los Angeles below the $400,000 price range. An article at the L.A. Times documents what many dismayed home buyers are experienci...

I had known a client for 2 years and had shown him properties way back when the dinosaurs roamed the earth (pre-mortgage meltdown). Life took a turn and he decided not to buy at that time, but I kept in contact with him through emails and postcards. After stepping out of his time capsule and the ...

Here's a link to a chart that shows September's ACTUAL statistics for the Local Real Estate Market. These are the graphs that the news media doesn't want you to have. Why? because they go contrary to the negative hype that the news media wants to perpetuate. CLICK HERE FOR CHARTS When you click o...

In the stock market, it is prudent to buy low and sell high. In the housing market, you want to buy low and buy high! Over the past 3 years, interest rates have been on the rise. Previously they were at 5.75% and now a jumbo fixed 30 year loan is at 7.5%...and rising! Foreclosure homes are at a 2...

Make sure your home is easy to show! To get your home sold quickly, it’s important that other agents in the area show it to as many potential buyers as possible. The first thing a good agent will do when working with buyers is talk to the buyer and learn what kind of home they are looking for. Th...

The Back YardYou only get one chance to make a first impression. When buyers are looking at your home, they will usually know almost instantly whether they like it or not.  Make sure that by the time they get to looking at the back yard, you keep that great first impression going.  Especially dur...

Private Sector Conventional Loans - The only security guarantee is the value of the property. Conforming LoansConventional loans that follow the terms and conditions established by the guidelines of Fannie Mae and Freddie Mac. Fixed-Rate MortgageThe interest rate and the principal payments remain...

For many buyers, applying for the mortgage loan is one of the more stressful aspects of buying a home. The loan application need not be a stressful time. By following a few easy steps, you'll sail through the loan application process.Make a list of any questions you have about the loan program.Be...

As you’re looking for your new home, a good thing to consider is whether or not you want a property that resides in an area with a Homeowners Association. In the San Fernando Valley area, we have many communities within a Homeowners Association. These associations are generally created to maintai...

Determining whether a home improvement will add value to your home can be tricky. There are many factors to consider. Some factors are tangible like the cost of making the improvement. Other factors are less tangible and harder to quantify, like the improved quality of life the home improvement b...