Tips for Getting a Mortgage in Carlsbad, California

Tips for Getting a Mortgage in Carlsbad, California

                                      

Are you considering buying a Carlsbad, California property as a second home or investment? Perhaps you are looking for a small cottage or apartment where you can escape for vacation, or maybe you want to have another home closer to family. Maybe you want to rent out your second property and make a steady income from your investment. Whatever the reason, a second piece of real estate can be a fantastic investment. However, sometimes getting a mortgage on your second home can be a challenge.

Generally, a mortgage lender will have tougher standards for second home loans than primary home loans. This is because usually when you are buying a second home your finances will be stretched thinner and you will have less money to spare because you are already paying a mortgage on your primary home. This will mean that your second home mortgage can be harder to get and might have a higher interest rate.

Here are some tips to keep in mind that will help you to get the best mortgage on your second property: Build up a decent amount of savings. Your mortgage lender will want to be able to see that you have a large amount of savings so that you will have enough to pay for the mortgage even if you were to lose your job.

Pay off any credit card debt. Many lenders will be hesitant to approve your second home mortgage if they see that you have a lot of debt on your credit card. They will want to see that you have a low debt to income ratio so that you will be able to pay back the loan.

Use the first mortgage as a good reference. If you have always made your payments on time and you are most of the way through paying off your first house, you could ask someone from your current mortgage company to vouch for you. The lender for your second mortgage will be reassured that you are a reliable person to loan money to.

These are just a few tips to keep in mind in order to make getting a mortgage for your second property as easy as possible. To find out more about investing in Carlsbad, California property, contact me at Lchaworth@gmail.com or phone me at 760-487-8647. Keyword: Carlsbad, California Property

Check out all current Carlsbad, California homes for sale here.

For a great Local California Lender click here. Brian Sciutto at Guild Mortgage is my go to lender! Give him and his team a call today to get pre-qualified.

Carlsbad, California Home Décor Trends

#TrendingHomeDecor

What Are the Hot Carlsbad, California Home Décor Trends? 
Just like fashion designs and hair styles, home décor trends are constantly changing and evolving. Each new season brings a new must-have feature for your home. In order to keep your Carlsbad, California home looking fresh and chic, what are the hot trends that you can incorporate into your décor?

Bright Paint Colors
 Vibrant (and even neon) hues are very popular in fashion at the moment and they also look really chic on your walls. If you are looking for a way to freshen up a dull room, a bright pop of color can really do the trick. It doesn’t have to be overwhelming if you keep the rest of the room neutral and use the bright color as an accent.

Original Artwork 
Decorating your home with unique and original works of art from funky local artists is a hot trend this year. You could find such pieces at a local art fair or on online craft auction websites. You could also check out a local art school or university art program in your area where you can buy some student artwork at cheap prices.

1920s Inspired Designs
 With the Roaring 20s being revitalized on the silver screen in the show Boardwalk Empire and the film The Great Gatsby, designs from the 1920s are becoming more popular. Why not incorporate some gorgeous Art Deco furniture or decoration into your home? Check out auctions to find authentic vintage pieces for cheap prices.

Simple Wood 
Another hot trend is unfinished exposed wood furniture, with a very natural texture and feel. These simple wood pieces give your home a natural beauty that compliments any color. It works well with neutral accents to give the home a very peaceful and welcoming atmosphere.

Stripes and Graphic Prints
 Crisp patterns, graphic prints and stripes are popular at the moment in everything from fabrics to wallpaper to furniture. If you really want to make your home décor look cutting edge, incorporate some of these eye-popping graphic designs into your décor.

These are just a few of the hottest home décor trends for the year. Which ones will you incorporate into the décor of your Carlsbad, California home?

For more information about home ownership, feel free to contact me at any time by calling 760-487-8647 or emailing Lchaworth@gmail.com. Keywords: Carlsbad, California Home

Questions to Ask Your Home Inspector in Carlsbad, California

Questions to Ask Your Home Inspector in Carlsbad, California

When you buy a Carlsbad, San Diego home, you need to know exactly what you’re buying. Imagine how frustrated you’d be to find out that the hot water heater wasn’t working—in the middle of a shower! This is why you should have a home inspection before you buy your home. A home inspection is an important part of buying your home. Before you hire a home inspector, ask candidates a few questions to make sure you hire a trustworthy inspector.

1. What does your inspection cover? Not all inspections are the same. Ask for copies of previous home inspections so you can see exactly what they will check inside the Carlsbad, San Diego home. If you are concerned about something specific, like a leaky faucet in the bathroom, mention that to the inspector so they can check it out.

2. Are you licensed or certified? If you live in a state that licenses home inspectors, ask to see their license. At the very least, choose a home inspector who belongs to American Society of Home Inspectors. This shows a level of professionalism and education that you can trust.

3. What kind of report will you give me? You should expect a written report detailing what the inspector found. Most inspectors will give you a typed report within a week of the inspection. Make sure the inspector will be available to explain anything on the report that doesn’t make sense to you.

4. Will I be able to attend the inspection? If the inspector refuses to let you be present during the home inspection, find someone else. This is your chance to know exactly what you are buying and what potential repairs you or the seller will have to make.

As your real estate agent, I will guide you through the home buying process. Let me help you find your new Carlsbad, San Diego home. Call me today at 760-487-8647 or email me at Lchaworth@gmail.com

1. Home Inspector

2. Easy household repairs

The Terraces at Sunny Creek Homes for Sale in Carlsbad California.

The Terraces at Sunny Creek Homes for Sale in Carlsbad California.

Check out this Immaculate, move in ready, remodeled home priced to sell at The Terraces at Sunny Creek. A beautiful well maintained gated community equipped with a play ground for the children and a low HOA. This home displays pride of ownership at its finest.

The dramatic living room and dining room welcome you with soaring ceilings and multiple windows for a light and bright feeling of openness. The current owners have left a clean slate ready for the new owners to make it their own. Home is equipped with a custom built-in entertainment center, new A/C, Alarm system, newer carpet, and new gorgeous hardwood. The gourmet kitchen features granite countertops, GE Profile stainless steel appliances, and large center island. There is a full bathroom and bedroom downstairs and a very large master suite upstairs. No detail has been untouched.

The TV and entertainment system in the living room convey. The house has a new professional Trane AC system. Alarm system and digital Amana AC controller are also included in the sale. The home is equipped with a central vacuum system with all hookups included as well as the high end washer and dryer. So many extras at such a great price! Pack your bags it is ready for you to move right in!

Call me today to setup your private viewing or to discuss listing your home. I am a local Carlsbad Realtor and I specialize in North County San Diego. I have a much different approach and skill set than most traditional agents and I have a lot of experience in remodeling and reselling homes!