Our South Bay Community Blog

Can You Use the Money In a 401K to Buy a Home?Getting together the money to make a down payment on a home can be difficult for many home buyers. In fact, for some the down payment makes buying a home prohibitively expensive. Fortunately, there are options. Having a 401K of significant value can be very helpful, under the right circumstances. Home buyers who are having a hard time getting together their down payment should be aware of the various ways that they can use their 401K to buy a home.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

Can You Take Money Out of Your 401K to Make A Down Payment?

Yes, in most cases, a home buyer can take money out of their 401K to make a down payment on a home

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Popular Home Styles in 20th Century AmericaIt can be hard to differentiate between the many architectural styles still found in different areas of the country today. While some styles may be captured in registered and recognized historic homes, some styles are more recent and may be spotted while driving through town. It is also interesting to note that certain architectural styles only become prominent after particular man-made materials became available. While other architectural style attempt to bring elements of nature indoors, integrating natural materials in the construction and aesthetics of a home.

Common Home Styles of the 20th Century

There are a range of architectural styles found in residences that continue to inspire builders, contractors and potential homebuyers. Simpler

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5 Siding Choices for the HomeReplacing home siding is a great way to improve the look and value of the entire property. Since there is such a wide variety in styles and prices, people should carefully think about siding materials before making a choice. Here are five of the most popular options homeowners could consider.

1. Vinyl Siding

In bang for the buck, there is little that beats vinyl siding. That is why vinyl takes up almost a third of the siding market. Vinyl siding came out in the 1990's as an inexpensive material that is pretty simple to maintain and can keep its color over time. Unlike wood, vinyl does not absorb water. Homeowners do not have to worry about the color flaking off due to weather or wind. The paint color is applied to the siding before

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3 Ways to Help Your Home During ShowingsA home showing is the first time a buyer will be able to see a home they’re interested in in person, so sellers need to pull out all the stops to make sure this opportunity is the closest to perfect that it can be. But what are the best ways to show a home? Many homeowners are unsure of how to help their home do well during showings, so here are some tips anyone can use to help their home stand out during home showings.

Keep Furniture In the Home

A pitfall that many home sellers fall into is thinking a home should be empty when buyers come to visit. However, that notion does a lot more harm than good, and here are some reasons why:

  • Empty rooms look much smaller than they actually are.
  • Buyers can have trouble envisioning how their
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What to Know Before Buying into an HOA CommunityMore and more new communities and home developments have Home Owner Associations, or HOA's. However, not all HOA's are the same. First-time home buyers should investigate the community and the health of an HOA prior to purchasing a property.

Many HOA's add amenities and value to a community. However, some HOA's may have special assessments on its homeowners. While others may neglect necessary community capital improvements. Potential buyers and their real estate agents should perform due diligence before buying a home in an HOA community. What is an HOA and what do they do? And should home buyers consider buying a home within an HOA?

Overview & Responsibilities of an HOA

Many home owners appreciate living in an HOA community where HOA

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Thinking of Selling a Home as a Short Sale? Heres How Its DoneOnce an obscure option for homeowners in financial trouble concerning home equity and value, real estate short sales are becoming more commonplace nationwide. Short sales allow owners to sell their home at a price below the remaining mortgage balance.

Proceeds from the short sale are paid to the homes lenders. And since it's a short sale (the home will sell for less than what is owed on it) there will likely be an unpaid mortgage balance after the sale, (more on that later.) All mortgage companies and lenders involved must agree beforehand to home short sales. Here is how to qualify for a short sale, the pros and cons of doing so and what to expect during the process.

For informational purposes only. Always consult with a licensed mortgage

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5 Bathroom Upgrades With a Good ROIChoosing a home improvement that improves both the enjoyment of the home and the market value, is an important decision for homeowners. What home additions or renovations increase the resale value of a home? or should a seller sell and market the home as-is? One of the most popular, other than kitchens, is a bathroom extension or renovation.

Bathroom Renovation or Extensions

When speaking of bathrooms, the decision is often to either add a bathroom or to renovate or make larger an existing bathroom. In an existing home, the decision of either often relates to the benefit and then potential cost of the work. In the case of an unfinished basement, adding a bathroom where there is none could present quite a bit of convenience and advantage for

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How Drones Are Changing Real Estate Marketing TechniquesDrone technology is continually evolving, and it seems that along with every advancement another clever use for these machines comes to light. However, it did not seem to take real estate professionals long to discover that using drones to sell homes has a number of benefits for both buyers and sellers in the marketplace. In fact, many real estate experts believe that drones are the best tool to come about amid the industry since the Internet. Here are a few ways that modern drone technology is changing the real estate scene in positive ways.

Drones Capture Dramatic Aerial Images with Ease

Not so long ago, aerial shots of properties were generally reserved for million dollar home listings, as the cost of hiring a helicopter and photographer

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Selling a Fixer Upper House There are hundreds of articles about curb appeal to make a home attractive to potential buyers, and there are many more about quick fixes homeowners can do prior to or after a home inspection to impress buyers and help finalize a transaction. But some homeowners may find themselves in a position where they are unable to make necessary repairs, whether it be because of time constraints, financial constraints, or any other reason. What can a homeowner do then? Can homeowners sell their home without making repairs?

The process of selling a home without making repairs is known as selling a home as-is. To perform an as-is home sale, sellers disclose in their listing that there will be no concessions made by the homeowner with regards to home

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Best Ways to Market a Home In Any MarketThe price a home sells for is ultimately dependent on a variety of factors entirely outside of the owner's control. From the condition of the neighbor's homes, to the state of the economy - and even where the nearest schools and shopping are, some sellers may feel that marketing is unnecessary. But the seller, along with assistance from a qualified real estate agent, should take the time to find and impress the right audience for their home. And this can make a difference in the price the home sells for.

Finding the Sweet Spot

The MLS is usually the first marketing strategy for any home seller, and it's important to hit a sweet spot when it comes to this listing. The price a seller wants for their home creates a powerful anchor for people to

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