1635976943342574 UA-72458003-1 google-site-verification=bpkXPmzUUBtm0pA_hz68HRCFRNqdIA9eF18eNT7U93w Why Fodor's Travel Says The 'Best Traces of Hip-Hop Culture Are Found Everywhere in Oakland' https://youtu.be/aTsDXAtfXdI

SMARTmoves Newsletter | DECEMBER 2019 | VOLUME 3 | ISSUE 12

SMARTmoves | DECEMBER 2019 | VOLUME 3 | ISSUE 12

+ Easy Holiday Home Improvement Projects

+ Home Tip: Let Your Oven Breathe

+ The Lowdown on Mysterious Mistletoe

+ Super (Simple) Peppermint Bark

Why I should be your REALTOR® www.carlosfcamargo.com

#SFBayArea #contracostacounty #alamedacounty #Realtor #HouseExpert #NewHome #housing #BHGRE #CarlosFCamargoPhD #RealEstate #NoPlaceLikeHome_EastBay

Posted on December 1, 2019 at 12:44 AM
Carlos Camargo | Category: Holiday Greetings, Home Care & Maintenance, Newsletter-CFC

smartmoves Newsletter| NOVEMBER 2019 |VOLUME 3 | ISSUE 11 

smartmoves Newsletter| NOVEMBER 2019 |VOLUME 3 | ISSUE 11 
+ Your Guide to a Stress-Free Thanksgiving
​ ​+ Homeowner Tip: Don’t Ignore Your Garage Door
​ ​+ Avoid a Thanksgiving Plumbing Emergency Visit
​ ​​​+ The Perfect Apple Crumble


📅 PLAN TO BUY OR SELL A 🏠HOME THIS YEAR?
​☎️ Call or 📱Text (510) 798-5016 | DRE# 01988431
​🦸‍♂️ I CAN HELP! | 🌐 www.carlosfcamargo.NET

#BHGRE #CarlosFCamargoPhD #RealEstate #RealEstateAgent #RealEstateBroker #RealEstateLife #NoPlaceLikeHome_EastBay #OaklandCA #Realtor #RealEstateForSale #RealEstateExpert #Broker #HomeForSale #HouseForSale #PropertyForSale #home #HouseExpert #HomeOwner #Realogy #MilitaryRewards #bhgreliancepartners #military #families #valoans

Posted on November 6, 2019 at 10:55 PM
Carlos Camargo | Category: Holiday Greetings, Home Care & Maintenance, Newsletter-CFC

Homeownership Has Its Benefits

10 Benefits of Owning Your Own Home

Homeownership is a rite of passage many of us dream of. Owning a home means putting down roots and having a space that is truly yours. It’s a significant moment of your life when you finally own a home.


But owning a home can be daunting because of the responsibilities and obligations that come with it, combined with the initial process it takes to get there. When done properly, though, buying and owning a home is a process that limits your financial risk, increases your investment power, and saves you tons of money over the long term—and it can even save you money immediately.

 

Renting has little to no ROI. Renters don’t have to worry about maintaining a residence or paying the mortgage. But if you’ve been renting long term, chances are you’re already performing home maintenance on some level and you’re at your landlord’s mercy when it comes to major repairs. And when it comes to paying the mortgage, there are many advantages over rental payments, which don’t provide any return on investment beyond securing a place to live through the end of the month or lease.

 

How much is rent actually costing you? Consider the amount one pays over a 10-year period. A $2500/month rental payment adds up quickly to a whopping $300,000 over 10 years, when the same amount of money could have gone toward reducing 1/3 of the debt on a 30-year home mortgage by essentially making the payments to yourself instead of a landlord. Wow!

Here are 9 more benefits to owning your own home:

1. Homeownership is an investment. Unlike a car and many other purchases that decrease in value, a home is a purchase that appreciates over time. While each local market has its own unique factors, the national median home price goes up each year, even in times of recession. As you pay your mortgage each month, your debt amount goes down, while the value of your home continues to rise. This creates the buying and reinvestment power better known as equity.

 

2. Gain equity. When it comes to homeownership, investment and equity are directly related. As you make mortgage payments each month, part of the payment goes toward the interest, while the rest pays down the principal balance. Equity can be better defined as the part of the principal balance you’ve already paid, or the percentage of your home you already own. Paying the principal is like depositing money in the bank, because that money becomes available for reinvestment in the home itself or a new home.

 

3. Take advantage of tax benefits. The federal government encourages homeownership (which in turn encourages economic growth) by offering tax incentives for homeowners. The biggest one is the option to deduct interest from mortgage payments on your income tax return, especially at the start of a mortgage when most of the payment is applied to the interest. Payments on private mortgage insurance (PMI) and certain home-related purchases also qualify for tax benefits.

 

4. Stabilize your housing costs. A fixed-rate mortgage means you’ll have the same mortgage payment for the term of the loan (usually 30 years), while monthly rental payments will continue to climb. And even adjustable-rate mortgages (ARM) have a fixed cap on them. Homeownership also stabilizes other home-related expenses like utilities and gives you more control over your ability to make investments in your property that keep those expenses down.

 

5. Gain control over your living space. Renting doesn’t usually come with a lot of options for modifying your living space to better suit your needs. Renters with changing needs must also deal with changing residences. Homeownership means you can make improvements to your home, and home improvements usually lead to increased home value, both financially and in daily home life. The power of equity can give homeowners the extra financing they need to reinvest in their homes when cash funds aren’t an option.

 

6. Increase your own sustainability. Homeownership can help you create a sustainable future in many different ways. Long-term renters lack sustainability because a high percentage of their income usually goes toward housing expenses that are constantly increasing. Locking yourself into a mortgage payment helps level out living expenses, so when income goes up it can be budgeted elsewhere. Paying off a mortgage allows homeowners a long-term plan to significantly reduce their living expenses as they move toward a retirement budget.

 

7. Stop moving. Homeownership increases sustainability and stability. Moving from rental to rental is a major inconvenience and a financial and emotional burden. Renting can mean that you never really know where you’ll be living next or what your expenses will be. Staying in the same home allows a financial and emotional investment in both your living space and your community.

 

8. Social benefits. Staying put for longer periods of time also creates social benefits that range from friendships with neighbors to community involvement and consistent educational opportunities for children.

 

9. Use your investment to make another investment. The equity that comes from paying a mortgage is what allows many individuals and families to make future investments in the same home, a higher-valued home, or second home. A home equity line of credit helps homeowners use the part of their home that’s already paid off to obtain financing for investments apart from the home itself, such as purchasing a boat or RV.

Homeownership comes with a bevy of benefits; these are only a handful. What other benefits have you experienced with homeownership? What makes you want to own your own home?

 

Posted on October 29, 2019 at 3:19 AM
Carlos Camargo | Category: Buying a House, Fair Housing, First-time Buyer, Investment Property, Newsletter-CFC, Real Estate Market Update

SELLERS: DON’T SABOTAGE YOUR HOME SALE

Sometimes sellers sabotage their home sales.

Usually it’s because they are doing things unintentionally that are making it hard, if not impossible, to sell their home in a reasonable time frame and for top dollar.

And sometimes seller do not do the things they ought to do that would facilitate a sale. 

Here are some examples of how home sales may get sabotaged:

PRICING – this is probably the biggest offender. No matter how nice the home looks, and no matter how much marketing is done, if the price is too high the market will reject you. You wouldn’t overpay for something you see in a store that you know you can get elsewhere for less money, or if you feel it costs more than it’s worth, would you? Neither will today’s buyers! And with the Internet they are pretty savvy about today’s pricing, as is their real estate agent.

 

AVAILABILITY TO SHOW – limited showing times and days, and requiring extensive notice for an appointment make your home tough to show.

 

INTERIOR AND EXTERIOR CONDITION – if your lifestyle tends to result in a lot of personal stuff laying around, or your home just does not look inviting inside (need for paint, need for repairs, dirty carpets, etc.), it might make buyers want to run the other direction. This is also true if there is deferred maintenance. Buyers will start subtracting dollars from a potential offer, and will become concerned that there is a lot of deferred maintenance to take care of.

 

CURB APPEAL – does your home encourage buyers to want to see the inside or does it make them decide to keep on driving? Is the yard a mess? Bushes and grass not trimmed? Junk all over the yard? Will buyers see it as a place that will require a lot of elbow grease in order to make it presentable? Would they be ashamed to be the new owners?

 

These examples of sabotage send a message to buyers, perhaps unknowingly, that selling may not be your objective.

SELLERS: DON’T SABOTAGE YOUR HOME SALE

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WHAT TO REPAIR BEFORE YOU LIST

When you’re getting ready to list your home, it’s of the utmost importance to ensure you are showing it in the best light. Taking time to highlight its strengths and fix up some of its possible weaknesses can make a big difference in how fast it sells. Here are our top five recommended repairs to make before selling your home.

Repaint walls.

Giving your home a fresh coat of paint is one of the most cost-effective ways to spruce it up, and generally, it can be a do-it-yourself project. Make sure cover any walls with scratches and chips and consider updating any accent walls with a more neutral coat.

Repair floors.

Hardwood floors are a very desirable feature in a home, so you want to ensure they look their best by fixing scratches or dull areas. If your carpet is worn or stained, consider replacing them. And don’t forget the tile in your kitchen or bathrooms. Re-grouting can go a long way in making dingy tile work look brand new!

Refresh the landscaping.

Show buyers your home is the full package by dressing up the outside as well as the in. Clean walkways and driveways, plant seasonal flowers and plants, trim hedges and trees, install outdoor décor pieces and fill in mulch and gravel.

Fix your fixtures.

Leaky faucet? Rusted drains? Loose drawer handle? Making these small fixes can make a big difference to potential buyers with detailed-orientated minds. Improve your kitchen. An outdated kitchen can be a real eyesore in a home. Updating cabinetry, repairing or replacing countertops, and installing new faucets and sinks may be worth the investment.

 

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Posted on October 14, 2019 at 12:22 AM
Carlos Camargo | Category: Home Care & Maintenance, Investment Property, Newsletter-CFC

Monthly Real Estate Statistical Update (October 2019)

Monthly Real Estate Statistical Update (October 2019)
+ California homes sales volume to continue down
+ The yield spread forecasts the next recession
+ Active agents & brokers decline

Posted on September 30, 2019 at 11:10 PM
Carlos Camargo | Category: N.A.R. - C.A.R. Update, Newsletter-CFC, Real Estate Market Update

SMARTmoves Newsletter | SEPT 2019 | VOL 3 | ISSUE 9

SMARTmoves Newsletter | SEPT 2019 | VOL 3 | ISSUE 9

+ Ten Tools Every New Homeowner Needs
+ Homeowner Tip: Check Gutters & Downspouts
 
+ The Basic and Beautiful Bulb
 
+ Greet Autumn with Grilled Creamed Corn

LOOKING TO BUY OR SELL A HOME IN THE EAST BAY?

🏠 Visit: www.carlosfcamargo.net | Call: 510.798.5016
 
#bayarea #BHGReliancePartners #contracostacounty #alamedacounty #reliancepartnersbhgre #RealEstateLifeStyle #RealEstateTips #successtips #home #HomeDecor #HomeDesign
Posted on September 1, 2019 at 8:23 PM
Carlos Camargo | Category: Home Care & Maintenance, Newsletter-CFC, Real Estate Market Update

SmartMoves – JULY 2019 | VOLUME 3 | ISSUE 7 

SmartMoves – JULY 2019 | VOLUME 3 | ISSUE 7 

+ 7 Steps To An Organized Home Office
+ Homeowner Tip: Check Your Bathtub Caulk
+ Keep your Home Safe During Your Summer Vacation
+ Red, White, and Bleu Burgers

🏠___
Let me help you navigate the East Bay real estate market!
Visit: www.carlosfcamargo.net | Call: 510.798.5016

Posted on July 15, 2019 at 8:17 PM
Carlos Camargo | Category: Newsletter-CFC, Real Estate Market Update

REAL ESTATE NEWS – Monthly Update – June 2019

June 2019

REAL ESTATE NEWS

Brought to you by Carlos F. Camargo, Ph.D.

Gen Xers Driving Multi-Generational Housing Trend

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MultiGen LivingThis Is Us. Jane the Virgin. Black-ish. What do they have in common? They are all family television programs that have members of multiple generations living under one roof. But the reality of multi-generational living is more than sitcom fodder. 

According to the 2019 Home Buyer and Seller Generational Trends report by the National Association of REALTORS® (NAR), multi-generational housing continues to be a growing trend among homebuyers. This trend is driven largely by Gen Xers, who are the second-largest band of homebuyers today at 24%. Of that cohort, one in six purchased a multi-gen home, half of whom cited accommodating adult children as their reason for doing so. 

When it comes to millennial buyers, nine percent purchased a multi-generational property they could share with aging parents, per the report. 

Whether you’re looking to accommodate aging parents or making room for your boomerang child, these tips will help you find the right place to make it work. 

Look for a home that was built with multi-generational living in mind.
Schumacher HomesLennar, and Plantation Homes are just a few of the builders offering a multi-gen solution in a brand-new residence. 

Tailor your home search.
If custom built multi-generational home isn’t doable, look for a home that’s easily convertible. A downstairs bedroom and bath is key for older residents, and an en suite bathroom is even better. A home with a basement or attic may seem like an ideal place to turn into a grandparent’s haven, but stairs can be dangerous and obviously wouldn’t work for a parent using a walker or wheelchair. 

A property with a guesthouse or enough land on which to place a granny suite or tiny home is another option. Just make sure the land is zoned properly to accommodate this type of structure. 

Make smart renovations.
Taking down walls to create an open floorplan is a smart move that can have a positive impact on your home’s value and also make it more accessible for aging parents. 

The National Association of Home Builders’ (NAHB) Aging-In-Place Remodeling Checklist recommends a “5-foot by 5-foot clear/turn space in living area, kitchen, a bedroom, and a bathroom.” They also suggest wide hallways that measure a minimum of 36-inches across, good lighting, and non-slip flooring.

6 Kitchen Design Trends Inspired by Restaurant Kitchens

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Not all kitchen design trends stand the test of time, but a restaurant kitchen is meant to be as functional as possible for as long as possible. Taking a few cues from restaurant kitchens can help you create a residential kitchen that you’ll be sure to love for years to come!

Restaurant Kitchen

1. Forget the Island
A kitchen island allows for lots of prep space and storage but can also make even a large space seem cramped and crowded. A work table in place of the kitchen island still provides plenty of room to work, offers shelving underneath for storage, and can be moved easily when not in use.

2. Consider a Stainless Steel Backsplash
Stainless steel is durable, doesn’t absorb microbes, and is fire-resistant, which is why it’s long been a popular material for commercial kitchen backsplashes. It’s also easy to clean and coordinates with most kitchen styles.

3. Hang Utensil Rods
Rarely do restaurant kitchens keep utensils in drawers, as this is a surefire way to create a cluttered, jumbled mess. A utensil rod or two will keep all your kitchen tools organized, in plain sight, and close at hand.

4. Install a Magnetic Knife Strip
Much like utensil rods, many commercial kitchens include magnetic strips along walls to hold chefs’ knives. Storing knives on a magnetic wall strip reduces the risk of cutting yourself while rooting around in a drawer and also allows you to easily see each knife blade type and size. A magnetic knife strip also eliminates the need for a bulky knife block on the countertop.

5. Use Wire Shelving in Your Pantry
Wire shelving allows for air circulation around your stored foodstuffs, reducing damage from heat and humidity. Wire shelves also don’t need cleaning as often as standard wood shelves.

6. Install an Open Shelf Over the Stovetop
Many commercial kitchens feature an open shelf or two over the stovetop, for holding pots and pans, spices, timers, and even a recipe or prep instructions. Consider asking your kitchen contractor about an open shelf over your new stovetop, for added convenience and to break up the look of a bare wall behind the stove.

QUESTIONS? VISIT http://carlosfcamargo.agent.rpeastbay.com/

 

Posted on June 14, 2019 at 11:49 PM
Carlos Camargo | Category: Newsletter-CFC, Real Estate Market Update

To Turf or Not to Turf

May 2019

REAL ESTATE NEWS

Brought to you by Carlos F. Camargo, Ph.D.

To Turf or Not to Turf
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Installing TurfYard care is a big consideration for homeowners. Real grass is high maintenance, a water hog, and expensive to replace. Artificial grass may be a good alternative for some households. Here are some of the pros and cons of turf:

Pro: No maintenance.
Artificial grass does not require mowing, edging, seeding, or watering. Once you lay it down, you’re done.

Con: Initial expense.
Turf prices range from $8–14 per square foot. You can find some sales and deals, but keep in mind that you get what you pay for. The upside is you won’t need to replace or re-seed it.

Pro: Long-term durability.
“The life expectancy of artificial turf can be upwards of 25 years,” says Gardenista, “making it a less costly alternative to real turf over its life span.”

Con: It might be against the rules.
If you live in a community with a Homeowner’s Association (HOA), be sure to get permission first. Turf is becoming more common, which is convincing more HOAs to approve its use, but check first. You don’t want to make a big investment in turf only to be told you have to rip it out and replace it with grass.

Pro: It’s eco-friendly.
The water savings element is huge if you’re looking to live a little greener. Some manufacturers even use recycled materials, such as old tires or plastic bottles.

Con: It’s not biodegradable.
Artificial grass will end up in a landfill some day.

Pro: It’s pet-friendly.
“The good news is that pet waste won’t negatively impact your artificial grass, and turf is easy to clean,” says Purchase Green. There are also specific types of turf that are designed for animals.

Con: It’s hot.
“Real grass has a cooling effect when the air temperature is high. Artificial grass lacks this cooling quality,” says SFGATE. “The grass itself may become hotter than the air and can make the surrounding air feel hotter.”

Pro: It looks great all year round
If you live in an area where the lawn is dormant in the winter, it will be a nice change to see your lush, green (faux) lawn, even in negative temps.

My Loan Was Sold. What Gives?
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You’ve just moved in to your new home. You’ve unpacked, and you’re starting to settle in when you receive a letter informing you that your mortgage has been sold and is being serviced by a new institution. Is this allowed? Have the terms of your mortgage changed? Why would your lender sell your mortgage?

Mortgage Bricks

Among the many documents you signed when you first applied for a loan was a Mortgage Servicing Disclosure. This document tells you what percentage of the lender’s loans are sold. More often than not, the majority of loans approved and funded by a particular mortgage company will be sold to someone else. It’s important to note that just because your mortgage has been sold, this does not change the terms of your loan. Your loan payment and interest rate will not, and cannot, be impacted. 

You’re probably wondering, “Why go through all the effort of originating, approving, and funding a loan just to forgo all the interest that new loan provides?” The answer is surprisingly simple. If not for selling the loan, the lender would soon run out of money to lend.

Mortgage companies today work with a line of credit. It’s not as if the mortgage company approves a loan then opens up a vault full of money to fund your mortgage. When it’s time to fund your loan, the lender taps into the line of credit for the necessary amount. In order to replenish this line of credit, the lender sells the loan to a third party. Once the loan is sold, the lender now has more funds to make more loans. Who is the loan sold to? Many times it’s sold to other mortgage companies, but ultimately the loan is sold either to Fannie Mae or Freddie Mac.

The marketplace for all this loan buying and selling is called the secondary market for mortgages. This secondary market is robust and active and keeps the mortgage market liquid. Without a secondary market, there would be fewer loans issued and still fewer choices. When your loan is sold it’s not because your original lender doesn’t appreciate your business, it’s so they can continue to service other home buyers and make more loans.

QUESTIONS? VISIT  www.carlosfcamargo.net

Posted on May 20, 2019 at 11:38 PM
Carlos Camargo | Category: Home Care & Maintenance, Newsletter-CFC, Real Estate Market Update

Monthly Real Estate Statistical Update (May 2019)

Lower mortgage interest rates to help keep licensees afloat

+ The rise in mortgage loan originators slows
+ Buyer purchasing power rises with falling interest rates
+ California’s Largest Brokerages
 
• LOOKING TO BUY OR SELL A HOME IN THE EAST BAY?
I can help! Visit: www.carlosfcamargo.net or CALL 510-798-5016
 
#BHGRE #carlosfcamargophd #RealEstate #RealEstateAgent #RealEstateBroker #RealEstateInvestor #RealEstateInvesting #RealEstateLife #RealEstateForSale #RealEstateExpert #Realtor #Realty #Broker #HomeForSale #HouseForSale #PropertyForSale #HouseHunting #homeimprovement #ExpectBetter #BHGGrandLake #LakeMerritt #GrandAvenue #homebuyertips #bayarea #oakland #needabiggerhouse #housegoals #FeelEstate #alamedacounty #contracostacounty
 
 
 
Posted on April 30, 2019 at 9:58 PM
Carlos Camargo | Category: Newsletter-CFC, Real Estate Market Update