Francisca Rio

Francisca Rio First Team Real Estate, Dana Niguel Office

10/12/2021

So you wrote an offer on a home BUT so did 10 other buyers.

And your offer was NOT the chosen one. HOWEVER, you are asked to be in BACKUP position…..WHAT IS THAT????

If you are asked to be in backup position, take it! Your offer may not have been exactly what the sellers needed but it was close enough that if anything was to happen to that escrow and it cancels, you step right in.

Its Kinda like MISS UNIVERSE! You didn’t get the crown right away but you are runner up # 1! And how many Miss Universes have we seen fall from grace????

For sellers, its a security blanket - you don’t have to remarket the home, have additional showings or renegotiate new offers! For buyers, with a backup offer, your terms are negotiated as if you were executing the contract up front. If escrow falls out, you step right in, no further negotiations.

If you have an accepted backup offer, you can still submit offers on other homes too and if you find something you like better, you are not obligated to follow through.

This is what I call a WIN WIN !!

10/12/2021

So you wrote an offer on a home BUT so did 10 other buyers.
And your offer was NOT the chosen one. HOWEVER, you are asked to be in BACKUP position…..WHAT IS THAT????
If you are asked to be in backup position, take it! Your offer may not have been exactly what the sellers needed but it was close enough that if anything was to happen to that escrow and it cancels, you step right in.
Its Kinda like MISS UNIVERSE! You didn’t get the crown right away but you are runner up # 1! And how many Miss Universes have we seen fall from grace????
For sellers, its a security blanket - you don’t have to remarket the home, have additional showings or renogotaitae new offers! For buyers, with a backup offer, your terms are negotiated as if you were executing the contract up front. If escrow falls out, you step right in, no further negotiations.
If you have an accepted backup offer, you can still submit offers on other homes too and if you find something you like better, you are not obligated to follow through.
this is what I call a WIN WIN !!

09/28/2021

WINNER WINNER - How much are all these chips worth? Actually ?? Poker chips are worth NOTHING unless you cash them in.

The same is true of all the equity you have been building in your home as values continue to increase.
That money is DEAD money unless you cash it in.
Equity makes ZERO interest as it builds, and if the market were to change, the value of that equity you have accumulated, could decrease!

But what if you could put that equity to work for you?

Maybe buy an investment property that makes you money. Or buy a vacation home in Palm Springs, or on a lake in Idaho or maybe Puerto Vallarta? Or maybe you borrow from your equity and start a business?

Or you CASH IT ALL IN and use the equity you have towards a home that suits your needs better. Maybe a pool? A view? More square feet? Closer to the beach?

At what price would you Cash it all in and put your equity to work? And what would you do with that money??

07/27/2021

List price $850,000
Original Zestimate $842,000
Sold price $910,000
$60,000 over asking

Over 11,000 online views
2 Open Houses
43 Individual agent showings
9 Offers
30 days Free after sale rent back

Before you hire a Realtor to help you navigate the sale of one of your biggest assets, interview me.

03/11/2021

You may not get the first home you write an offer on and you may not get your second, third or maybe even fifth but this will only make you tougher for the next offer you write.
Every time another buyer gets the home that you want, you sharpen your pencil and write tight and stronger offers. Losing a home also makes you look beyond the criteria you were originally looking in. You may start to look at homes that are less attractive and may need some work. Or homes thatare overpriced and not selling.

A boots on the ground buyer campaign is one of my favorite ways to work. I find you the home you want to buy without it being for sale to everyone else!

So pucker up buttercups, there are solutions out there!
Send me a dm and I’m happy to provide you with some one on one help!


02/04/2021

Historically low mortgage rates today are the catalyst to surging housing demand. For a $700,000 mortgage at last year’s 3.6% fixed rate, the payment would have been $3,183 per month. With today’s 2.77% rate, the payment drops to $2,865, a $318 per month savings, essentially a 10% discount. Comparing today to November 2018 when rates nearly hit 5%, the savings jumps to $893 per month, a 24% savings. It is not a one-time savings either. This savings is every single month for 30-years.
I am sure you are hearing:
It's a Seller's Market! Multiple Offers! SOLD above asking!


All is true BUT not all homes are selling under these terms. Sellers still need to position their homes correctly in order to capitalize on these market conditions. You wouldn't go on a first date wearing your worst outfit, right? The same applies when you put your home on global display. It HAS to look the best it can look.



If you are in a buying mode, how do you WIN in these market conditions and get the house you want? Imagine you are on The Bachelor, you must be the girl that gets the last rose. You MUST be the most good looking buyer. Is your offer packaged to WIN against multiple buyers? Will you be the most desirable buyer for the seller to chose? Do you understand the micro market that you are trying to buy into?
 So many small nuances must be followed in order to win. 

To SUCCEED in this competitive market, your strategies have to be perfect

.

Want to know these winning tactics? Have questions? Call me.

02/04/2021

Historically low mortgage rates today are the catalyst to surging housing demand. For a $700,000 mortgage at last year’s 3.6% fixed rate, the payment would have been $3,183 per month. With today’s 2.77% rate, the payment drops to $2,865, a $318 per month savings, essentially a 10% discount. Comparing today to November 2018 when rates nearly hit 5%, the savings jumps to $893 per month, a 24% savings. It is not a one-time savings either. This savings is every single month for 30-years.

I am sure you are hearing:
It's a Seller's Market! Multiple Offers! SOLD above asking!
All is true BUT not all homes are selling under these terms. Sellers still need to position their homes correctly in order to capitalize on these market conditions. You wouldn't go on a first date wearing your worst outfit, right? The same applies when you put your home on global display. It HAS to look the best it can look.



If you are in a buying mode, how do you WIN in these market conditions and get the house you want? Imagine you are on The Bachelor, you must be the girl that gets the last rose. You MUST be the most good looking buyer. Is your offer packaged to WIN against multiple buyers? Will you be the most desirable buyer for the seller to chose? Do you understand the micro market that you are trying to buy into?
 So many small nuances must be followed in order to win. 

To SUCCEED in this competitive market, your strategies have to be perfect.


Want to know these winning tactics? Have questions? Call me.

01/23/2021

PROPERTY TAX CHANGES - WATCH THIS VIDEO!!

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04/21/2020

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WHAT ARE YOU DOING THIS WEEKEND??JOIN ME AT OUR:VIRTUAL OPEN HOUSE - 10 DUQUESA . DANA POINTCLICK FOR ACCESS
04/16/2020

WHAT ARE YOU DOING THIS WEEKEND??
JOIN ME AT OUR:
VIRTUAL OPEN HOUSE - 10 DUQUESA . DANA POINT
CLICK FOR ACCESS

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32451 Golden Lantern, Suite 210
Laguna Niguel, CA
92677

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