First Time Home Buyers?

Are you thinking about buying your first home

Are you thinking about buying your first home and aren’t sure of where to start or you have a lot of questions and don’t know who to turn to?  I’ve addressed some of the initial questions that you might have in hopes that this will help you along the way.

1.      Should I use a Realtor and how do I find one? A Realtor has the experience and knowledge of the local real estate market as well as the necessary paperwork needed to facilitate  a transaction

2.      How much money will I need to save for my down payment? This will depend on what type of loan you will be obtaining.  Conventional loans generally require a 20% down payment, FHA loans 3.5% and VA loans 0%

3.      How do I know if I qualify for a loan? The best place to start is by speaking with a loan representative.  They will look at your current situation, your credit history, length of employment and other factors.

4.      How do I find a lender? Go to the bank or credit union where you already have a checking or savings account and ask what types of mortgage deals they offer current customers.

5.      What do I need to take with me when I talk with a lender?  Pay stubs, bank statements and your last 2 years tax returns is generally enough to get started.

6.      How do I know what type of loan is best for me?  This will depend on your specific financial situation, length of time you will stay in the home, etc.

7.      What is included in my mortgage? Principle and Interest (P&I) are always part of your mortgage.  You may chose to have an impound account in which case your taxes and insurance (PI&TI) will all become part of your monthly payment.

8.      How do I decide on how much to offer? Your Realtor will provide you with comparable properties that have closed in the surrounding area that are most similar to the subject property.  This will give you a great starting place.

9.      What do I do if my offer is not chosen? Not having your offer chosen can be very disappointing.  What to do in this case would depend on the circumstances behind your offer.  Was your offer extremely low?  You may want to review the comparable properties to evaluate the fair market value and submit another offer.

10.  What happens if my offer is chosen?  Congratulations!  You are now ready to open escrow.  At this point in time, your earnest money deposit will be sent to the escrow company and your contingency period begins.

Would you like more information?  Contact me at Ryan@TrinityREG.com

June 2010 Newsletter

Click on the each page of the newsletter for a larger view. Please visit us at TrinityREG and follow us on Facebook.

Jackelyn Alarcon 

Marketing Manager

Trinity Real Estate Group, Inc.

Jackelyn@TrinityREG.com

To be added to the Newsletter distribution list, kindly email Jackelyn...

New agent signs going up!!!

visit us at www.trinityreg.com

New "For Sale" signs

www.TrinityREG.com

Welcome Rose Alarcon to Team Trinity!!!

Trinity Real Estate Group would like to welcome the newest member of Team Trinity, Rose Alarcon. Rose started her real estate career helping new homeowners on the lending side secure home loans. As the market changed, so did her scope of work. She adapted to the needs of homeowners and started doing loan modifications helping people save their homes from foreclosure, and has also been specializing in short-sales for the past 3 years. Rose lives in Whittier where she is an expert in her community and also knows the LA County and San Bernardino areas. Rose can be reached at: 562-639-1183 or ask4alarcon@yahoo.com. You can also view her listing at www.trinityreg.com under Portfolio.

Welcome to the Team Rose!!!

May 2010 Newsletter

Click on the each page of the newsletter for a larger view. Please visit us at TrinityREG and follow us on Facebook.

Jackelyn Alarcon 

Marketing Manager

Trinity Real Estate Group, Inc.

Jackie@TrinityREG.com

To be added to the Newsletter distribution list, kindly email Jackelyn...

April is Autism Awareness Month. Help spread the
message of hope with Oakley Talk About Curing Autism
Signature Series Sunglasses. Check them out Here

www.TrinityREG.com

Follow us on Facebook

VFlyer launches Facebook app

Real estate agents who use classified listing and syndication service vFlyer now have a more streamlined way of displaying their listings on Facebook, vFlyer announced today.
The company has launched a Facebook application for thousands of agents who are business subscribers of the service. The app adds a "Listings" tab to agents' Facebook fan pages. The app pulls active listings from a user's vFlyer account to highlight on his/her fan page, and consumers can click on the tab to view the properties.
Listings link to landing pages on single-property Web sites that vFlyer hosts on its service.
Business subscriptions start at $12.95 per month and the application comes at no additional cost.
"Businesses have been asking us for a simple way to promote their active listings on Facebook," said Aaron Sperling, the company's CEO and president. "This solution is a simple and effective way to create more exposure of ... listings."
Previously, vFlyer clients could install one of the company's Flash-based widgets (embeddable tools) on the social networking site to show listings.
"We feel having a native Facebook application is going to have a better look and feel than a Flash-based widget (on the site)," Sperling said.
The company's clients will still be able to use vFlyer's library of widgets on their personal listing sites.
To set up the application, users install the vFlyer app, plug in their vFlyer e-mail address, pick their vFlyer account from a drop-down menu, and then choose whether to show their vFlyer profile. Because some of this information may be redundant to what agents already have on their Facebook pages, the app gives them a choice, Sperling said.
For more information, the company also provides instructions to set up the app.
If users wish to show only some of their listings, they can set up multiple accounts or sub-accounts to separate rental and for-sale listings, for example.
"This works well when you have a team of agents and they want to segregate their listings as well," Sperling said.
The app on a given page only pulls from one account at a time, however, so users can't filter listings on the page. The feature is something the company hopes to incorporate later, Sperling said.
For those who want to show all of their listings, but have them currently separated into different accounts, they can clone those listings into one account.
"We're working on letting people pick 'all listings' (instead of having to clone them)," Sperling said.
According to Sperling, most of vFlyer's customers are agents or agent teams, although some brokerage companies do use the company's syndication service. The company syndicates clients' listings to sites like Zillow, Trulia, Cyberhomes, Oodle, Kijiji, Google Base, Yahoo, and FrontDoor, among others.
Sperling said the company has tens of thousands of overall members and several thousand business subscribers. "We often do things to support early adopters and over time more and more will start using those capabilities," he said.
The San Francisco-based company won an Inman News Innovator Award for Most Innovative Web Service in 2007.

By Inman News, Wednesday, April 7, 2010.

http://www.trinityreg.com/
Info@TrinityREG.com

Trinity Real Estate Group, Inc.

We know Southern California

Our team of real estate professionals has worked helping home sellers and buyers in Southern California turn dreams into realities for over 15 years. Our agents are among the top sellers in their own markets providing you, our clients, with outstanding personal and highly professional service that is unparalleled in the industry.

We are Innovative Realtors

Our philosophy is built on the age old concept, and that is to provide you with the very best information available combined with an in depth knowledge of the local market conditions so that together we can make your real estate goals a reality. We do not simply place a sign on your property and wait for the phone to ring. We proactively promote your property through a wide variety of both traditional and cutting edge sources. MORE THAN 90% OF REAL ESTATE TRANSACTIONS START ONLINE! With prospective home buyers, sellers, and investors relying so heavily on the internet to find information these days, it is paramount that our agents be technology-savvy. With social networks such as FACEBOOK, TWITTER, LINKEDIN, and BLOGGER our agents have more avenues in respect to marketing your home to better reach all demographics! It's just another way that Trinity Real Estate Group is able to connect with everyone in every way to get the job done.

We will be here when you need us

As many as others have come and gone, Trinity Real Estate Group remains as one of the premiere real estate companies in all Southern California. We have successfully served the real estate needs of thousands of home buyers and sellers alike over the past 15 years. We know real estate. We know that we can successfully make your real estate dreams a reality!

Welcome and enjoy...


Visit our website www.TrinityREG.com
Follow us on FACEBOOK
Link with us at LinkedIn
Follow our TWEETS