16 • June 2018 • UPBEAT TIMES, INC.


HEY THERE! MY FUR IS A BIT DARK, AND DURING THE SUMMER I GET PRETTY HOT...DO YOU HAVE ANY SUGESSTIONS TO KEEP ME A BIT COOLER??


Early Summer Guide


How to get Affordability Now! T


by Barry O'Meara of Santa Rosa, CA • barryo@stearns.com


he sunlight streaks through the edges of blinds nudging me out of bed. My cra-


zy chicken crows like a roost- er announcing the new day. Summer is almost here and the longest day is around the cor- ner. With more daylight filling the days, I feel more energized and less stressed. Whether you are planning to buy your first home or making that move up, summer is the prime home buying season. Te housing market has been


hot! Home values have been spiking in almost every cor- ner of the county. As we move into Summer, interest rates are moving up, economy.


signs of a good Pricing of a home


Yes! We have just about everything you need to keep you cool during the summer months!


fl otation vests for those refreshing summertime swims! You can choose from


BedsTM


a large selection of our quality products made right


here in the U.S.A.! New work now at: Vaccination clinics every Sunday from 9:30am to 11:30 am


Since 1967 we’ve been the favorite place to shop for your pets & farm animals!


Western Farm Center 21 West 7th Street • Santa Rosa Mon-Sat 8am-5:30pm • Sun 9:30am-4pm


www.westernfarmcenter.com (707) 545-0721


16 • June 2018 • UPBEAT TIMES, INC.


Bodega Landmark Studio Gallery 17255 Bodega Hwy, Bodega (707) 876-3477


Hand Goods Gift Shop 3627 Main St., Occidental (707) 874-2161


Also available are hand signed


greeting cards at Andy’s Market in Sebastopol and Community Market in Sebastopol and Santa Rosa.


Chart Readings are off ered by appointment.


Contact: Zak Zaikine (707) 823-9340


Like Frozen Yogurt, Cool , Travel Water Bowls and


has many factors at play from supply and demand, to af-


Zak Zaikine:


A Whimsical Sonoma County Artist!


fordability. Of course, a seller wants top dollar, but as interest rates start moving up, afford- ability plays into in that price. Te market is about to turn, making this market a buyers’ market. When a seller


puts their home on the market, there is excite- ment as well as anxiety.


If the of-


fers don’t fly in, then anxiety kicks in. Tis is when the sell- er sees room to move on the price.


It is within this point in


the market adjustment that we can find affordability. Build- ing into the offer the buyer can creatively make


the


home af- ford-


able by asking


for seller and use that credit credit to buy


the interest rate down. We are still at a point where there are comparable sales to support the value. If you are a first-time home-


buyer there are lots of pro- grams to take advantage of requiring little down payment. Tere is no need to save up a full 20% for a down payment. A down payment can be as low as 3% and all the funds can be a giſt. Owning a home is a great way to set roots, raise your family, and set a foundation for


building wealth. Each month your payment goes towards paying down your principal and building equi- ty. Owning a home gives you a sense of pride and strength- ens our commu- nities. It lays out the foundation for your future. Recently, I worked


with an agent who structured the offer so that they asked


the seller to credit the buyer 6% of the sales price. Tree per- cent was enough to cover their closing costs and we used 3% to buy their rate down. Tis al- lowed them


to lower their pay- ment


enough to qual-


and the seller got the price they wanted.


ify for the loan Building the


credit into your price is the back-door way to finance your closing costs. Buyers, sellers, realtors, and


lenders do not have a crystal ball to know what the future holds. Act on what you have in front of you now. Hind sight is 20/20. Dwelling on the past can keep you from enjoying the present. Not acting, now, could keep you from building wealth in your future. Get off the fence and make your move now!


Plato is my friend; Isaac Newton Genius is one percent inspiration and ninety-nine percent perspiration. ~ Thomas A. Edison Barry ‘O


Aristotle is my friend, but my greatest friend is truth.


THE MORTGAGE COACH


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