Stephanie Garcia, Real Estate Agent

Stephanie Garcia, Real Estate Agent Stephanie is easily one of the Inland Empire's most driven, up and coming real estate
professionals.

She prides herself on a personable approach with the goal of helping her clients
attain their goals of finding a deal that checks off the right boxes.

🏠 Cracking the Code: Understanding Closing Costs 🗝️Congratulations, future homeowner! 🎉🏡 As you approach the finish line...
08/21/2023

🏠 Cracking the Code: Understanding Closing Costs 🗝️

Congratulations, future homeowner! 🎉🏡 As you approach the finish line, let's dive into what those "closing costs" are all about. These are the fees and expenses that come due at the end of the homebuying process, typically paid when you sign the dotted line and officially take ownership.

What's included in these costs? Here's the lowdown:

1. Title Insurance:This helps protect both the lender and the buyer in case of any disputes over the property title.

2. Appraisal Fees: An appraiser evaluates the property's value to ensure it aligns with the purchase price.

3. Home Inspection: An inspection safeguards you by uncovering potential issues with the property.

4. Origination Fees: Charged by the lender, this covers processing your loan application.

5. Credit Report Fees: Lenders check your credit history to determine your interest rate and loan eligibility.

6. Attorney Fees: In some cases, an attorney ensures all legal documents are in order.

7. Recording Fees: These cover the cost of recording the property sale with the appropriate government office.

8. Escrow Fees: This involves a third party holding funds until all conditions of the sale are met.

9. Prepaid Items: These include property taxes and homeowners insurance that may need to be prepaid.

10. Miscellaneous Fees: Some smaller fees may pop up, like courier charges or document preparation costs.

While these closing costs can vary based on your location and the specifics of your deal, it's crucial to budget for them in addition to your down payment. Understanding what you're paying for ensures a smooth transition from buyer to homeowner. So, keep your eyes on the prize, and let's cross that homeownership finish line together!

Stephanie Garcia
DRE #02157444
951.474.2435
KSA SoCal
Signature Real Estate Group
DRE #02071123
🏡🗝️

🌿 Discover the timeless elegance of neutrals and the refreshing connection to nature with greens in your home decor. Cre...
08/19/2023

🌿 Discover the timeless elegance of neutrals and the refreshing connection to nature with greens in your home decor. Create a harmonious and calming space that adapts to your style while promoting relaxation and balance. 🏡✨

🛁 Self-Care Day Level: Expert 🧖‍♀️*Phone rings*Me: "I swear if they're not ready to buy, I'm suing." 😂🚫 ...
08/19/2023

🛁 Self-Care Day Level: Expert 🧖‍♀️
*Phone rings*
Me: "I swear if they're not ready to buy, I'm suing." 😂🚫

Captivating Vintage Gem in Washington, CT 🏡✨ A stunning c.1940 home on 3+ acres with 3 beds, 2.5 baths, and exquisite de...
08/18/2023

Captivating Vintage Gem in Washington, CT 🏡✨ A stunning c.1940 home on 3+ acres with 3 beds, 2.5 baths, and exquisite design. Paneled living area, gourmet kitchen, library/media room, and a pool oasis.

Check out the enchanting photos and details! 💎🌳

Hey there! Let's dive into the exciting world of mortgage rates and a touch of Barbie magic! 🏡Guess what's making waves...
08/17/2023

Hey there! Let's dive into the exciting world of mortgage rates and a touch of Barbie magic! 🏡

Guess what's making waves in the housing market? It's the super low 3% mortgage rate! 📉🏠 This sweet deal is causing quite a buzz among potential homeowners. Imagine locking in a rate that's lower than ever before – it's like finding the perfect accessory to complete your dream home.

Speaking of dreamy, have you heard about the new Barbie movie? 🎬✨ It's all about embracing your unique self and chasing your dreams – just like finding your dream home at a dreamy 3% rate! 🏠 Barbie shows us that when you have the right tools (or in her case, accessories), you can conquer anything.

So, how do these two exciting worlds collide? Just like Barbie's adventures, getting a 3% mortgage rate requires a bit of planning and a dash of courage. Whether you're exploring the world of real estate or stepping into Barbie's shoes, it's all about making the right choices at the right time.

In conclusion, the 3% mortgage rate is your golden ticket to homeownership bliss, much like the exciting journeys Barbie embarks upon in her movies. Both remind us that with a little bit of magic and a lot of determination, dreams really can come true. Contact me today for more information. 🏡💖

If buying your first home in today’s market feels like a challenge, know there are a number of resources available. If y...
08/14/2023

If buying your first home in today’s market feels like a challenge, know there are a number of resources available. If you qualify, there are programs that could help you reach your goal by offering down payment assistance and more. DM me today if you have questions about the homebuying process or how to prepare as a first-time buyer. 🏡♥️

Thanks to higher mortgage rates and home prices, buying a home can feel challenging for many people right now. If you’re...
08/11/2023

Thanks to higher mortgage rates and home prices, buying a home can feel challenging for many people right now. If you’re interested in buying a home this year, consider these tips on how you can improve your chances of finding, and buying, the home that’s right for you. DM me today to learn more about how you can achieve your housing goals. 💌🏡

Step into a world of enchantment and tranquility with our latest interior design inspiration – a space adorned with eart...
08/11/2023

Step into a world of enchantment and tranquility with our latest interior design inspiration – a space adorned with earth tones, lush greens, and an abundance of plants. Prepare to be captivated by the magical allure of this space, where the combination of natural elements and unique architectural features creates a whimsical atmosphere reminiscent of a hobbit hole.🏡🪴

As you enter, your eyes are immediately drawn to the soaring ceilings that reach unimaginable heights. The grandeur of these ceilings adds a sense of awe and wonder to the space, making it feel like stepping into a fairytale. The round windows, reminiscent of hobbit holes, allow streams of soft, natural light to filter in, casting ethereal shadows and creating a cozy ambiance.🌿✨🪄

The color palette of this space is inspired by the earth itself, with rich earth tones dominating the scene. Warm browns, deep greens, and earthy neutrals create a harmonious and inviting atmosphere. These earthy hues bring a sense of grounding and connection with nature, making you feel instantly at ease and in tune with your surroundings.

But what truly sets this space apart is the abundance of greenery. Plants of all shapes and sizes adorn every corner, creating a lush oasis that blurs the line between indoors and outdoors. Hanging plants cascade from the high ceilings, their tendrils reaching towards the ground like nature's own tapestries. Potted plants line the windowsills, basking in the gentle sunlight that filters through the round windows. A variety of leafy greens, from ferns to succulents, add texture and life to every nook and cranny.🪴🌱🛋️

The combination of earth tones, greenery, and unique architectural features creates a space that feels both cozy and expansive, like a hidden retreat in the heart of nature. It's a place where you can escape the chaos of the outside world and find solace in the simplicity and beauty of the natural elements.✨

Whether you're curling up with a book in a cozy nook, gathering with loved ones around a large wooden table, or simply enjoying a moment of solitude amidst the greenery, this space invites you to slow down, breathe deeply, and reconnect with your inner peace.💚

So, if you've been yearning for a space that transports you to a magical realm, where the earth tones, greens, and plants create a sense of harmony and serenity, look no further. Embrace the whimsy and tranquility of this hobbit hole-inspired design, and let it transport you to a world of enchantment and natural beauty.

🏡 Attention all farmhouse lovers! Prepare to be amazed by this breathtaking 1855 farmhouse located in the heart of Bango...
08/10/2023

🏡 Attention all farmhouse lovers! Prepare to be amazed by this breathtaking 1855 farmhouse located in the heart of Bangor, Maine! 😍 The moment you step inside, you'll be captivated by the open space flooded with natural light, instantly uplifting any mood. 🌞

The expansive sunroom is an ideal spot for year-round gatherings, creating cherished memories with loved ones. But here's the real showstopper – a hidden room behind a bookcase! 🤫 Imagine the thrill of having your very own secret space in your dream home.🗝️ Who wouldn't want to call this stunning farmhouse their own? I know I certainly would! 🏡✨

🏠 Understanding Loan-to-Value (LTV) Ratios! 📊💰Hey there, friends! Today, let's talk about Loan-to-Value (LTV) ratios, an...
07/14/2023

🏠 Understanding Loan-to-Value (LTV) Ratios! 📊💰

Hey there, friends! Today, let's talk about Loan-to-Value (LTV) ratios, an important concept in lending. 🤝💸

LTV is a financial term used by lenders to assess risk and determine the maximum loan amount they can provide for a property. 🏡 It's calculated by dividing the loan amount by the appraised value or purchase price of the property. 📈🔢

Why does it matter? Well, LTV helps lenders evaluate a borrower's equity and assess loan risk. The lower the LTV ratio, the less risk for lenders, which can result in better loan terms like lower interest rates. 📉💪

Different loan types have different LTV ratios. For example, conventional mortgages often have LTV ratios up to 80%, while government-backed loans can go up to 97%. 🏦✅

Remember, LTV ratios also play a role in determining if private mortgage insurance (PMI) is needed. So, it's crucial to understand this concept when considering a loan. 💼💡



If you have any questions, drop them in the comments below! 💬 I'm here to help! 😊💙

Stephanie Garcia
DRE #02157444
[email protected]
KSA SoCal
Signature Real Estate Group
DRE #02071123

If you’re planning to buy a home, saving for a down payment is probably top of mind. But do you know how much you need t...
07/12/2023

If you’re planning to buy a home, saving for a down payment is probably top of mind. But do you know how much you need to save? Contrary to popular belief, you don't need to put down 20% unless it’s specified by your loan type or lender. The average down payment is much lower than you’d think. DM me today so we can start the homebuying process.

📊 Your credit score is important when it comes to qualifying for a home loan. While it doesn’t have to be perfect, typic...
07/07/2023

📊 Your credit score is important when it comes to qualifying for a home loan. While it doesn’t have to be perfect, typically speaking, the higher the score, the lower the mortgage rate and the better the terms you’ll qualify for.

➡️ A lender can walk you through the specifics. But, if you’re getting ready to buy a home, reach out to me for more tips on the homebuying process.

Stephanie Garcia
DRE #02157444
[email protected]
Signature Real Estate Group
DRE #02071123

Address

Moreno Valley, CA
92553

Telephone

+19514742435

Website

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