Yary Flores, Realtor

01/30/2021

Even if you love your home, I'm sure there is something you would like change about it. Cabinet colors, fixture upgrades, dreamy boho backyard oasis? What would you change?

01/29/2021

What's our favorite thing to do on a rainy day? Splash in puddles? Cook hearty soups? Get cozy by the window and watch the rain fall? Whatever it is, I can help you find a home you'll love no matter the weather!

01/28/2021

Each year Pantone announces their color of the year and this year they gave us two! If you’re looking to refresh your space or are preparing to sell, try these two colors on for size. You can’t go wrong with these classics.

01/28/2021

When you think of your ideal living room, do you think A - neutral zen or B - comfy cozy with your best friend?

01/22/2021

Trends show it may be a good time to buy a home! Do you have any concerns about becoming a new homeowner in 2021? Leave me a comment and we can discuss them!

01/21/2021

A fresh coat of paint is an easy way to brighten up your house and increase curb appeal. Which of these options would you choose? Leave me a comment and let me know! 💖🏠🚪🎨

01/21/2021

Average FICO credit scores jumped in 2020.📈 It may sound strange given the economic impact of the pandemic, but Americans spent less, saved more, and reduced debt in 2020.

The average FICO Score in the U.S. rose to 711 in 2020.

01/21/2021

4 gardening trends to dig into 🌿

Edible gardening and exciting tropicals are going to be especially big in the new year.

01/18/2021

Mohamed Hadid’s infamous, ill-fated Bel-Air megamansion, hit the market last week with one big catch: the buyer must wait out demolition of the $50 million estate and start all over again. The unfinished hillside estate, located on desirable Strada Vecchia Road, has been at the center of numerous court battles and neighborhood disputes.

Mohamed Hadid’s unfinished La Strada hit the market last week

01/15/2021

🏠 What is a home appraisal anyway? 💭
A home appraisal is a professional assessment of how much a property is worth. Unless you’re paying for your home in cash, it’s a non-negotiable in the process. Most lenders require an appraisal before they’ll grant you a mortgage. Your home is their collateral, and if you can’t pay your mortgage, they want to make sure they can get back as much of their money as possible. An appraisal also helps protect you from buying an overpriced property.

If you’re buying a home, and the sale falls through after the home appraisal, who pays the home appraisal fee, the buyer or the seller?

01/13/2021

Below is a list of things you shouldn’t do after applying for a mortgage. They’re all important to know – or simply just good reminders – for the process. 🏠

1. ⚠️Don’t Deposit Cash into Your Bank Accounts Before Speaking with Your Bank or Lender. Lenders need to source your money, and cash is not easily traceable. Before you deposit any amount of cash into your accounts, discuss the proper way to document your transactions with your loan officer.

2. ⚠️Don’t Make Any Large Purchases Like a New Car or Furniture for Your New Home. New debt comes with new monthly obligations. New obligations create new qualifications. People with new debt have higher debt-to-income ratios. Higher ratios make for riskier loans, and then sometimes qualified borrowers no longer qualify.

3. ⚠️Don’t Co-Sign Other Loans for Anyone. When you co-sign, you’re obligated. With that obligation comes higher ratios as well. Even if you promise you won’t be the one making the payments, your lender will have to count the payments against you.

4. ⚠️Don’t Change Bank Accounts. Remember, lenders need to source and track your assets. That task is significantly easier when there’s consistency among your accounts. Before you transfer any money, speak with your loan officer.

5. ⚠️Don’t Apply for New Credit. It doesn’t matter whether it’s a new credit card or a new car. When you have your credit report run by organizations in multiple financial channels (mortgage, credit card, auto, etc.), your FICO® score will be impacted. Lower credit scores can determine your interest rate and maybe even your eligibility for approval.

6. ⚠️Don’t Close Any Credit Accounts. Many buyers believe having less available credit makes them less risky and more likely to be approved. Wrong. A major component of your score is your length and depth of credit history (as opposed to just your payment history) and your total usage of credit as a percentage of available credit. Closing accounts has a negative impact on both of those determinants of your score.

Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close.

12/04/2020

Keeping costs low in small areas builds up the money we get to use on pizza, right? Message me to learn more about how to money with your .