Category Archives: Selling Your Home?

2018 Real Estate in Orange County Calif.


reneebaccaro_header_61779_house_heart_web_pageThe world has gone mad! Building going up everywhere…this reminds me of something. Daja Vu from the 1980s! OMG! Thats it. I remember when in Up town whittier the builders were buying up homes only to knock  down 4 or 5 of them to put in “afordable housing” or CONDOS. Only this past couple years 2017- 2018 it has become completly maddening! I get the part that jobs are flurishing in the construction market and that is good. At least that aspect of this mess, is good. But what about the future?  I grew up here in La Habra, went to Sonora high school. Graduated ’77. When life was good…and oh boy do I want it back. SOCAL had a reputation for driving laid back…because we lived-the- life. Well, I am telling you that it is gone. Gone with the invention of the web. Now everone wants what we had. But it’s gone! You can’t have what isn’t there anymore. Irvine builders, the building of plastic looking suburban houses…whats that song? Little boxes…  Little boxes on the hillside, little boxes made of ticky-tacky. Little boxes all the same. There’s a pink one and a green one and a blue one and a yellow one. And they’re all made out of ticky-tacky. And they all look just the same.  

The Great Park…I can’t even find it anymore. There are so so many buildings. Google is there proving thousands of jobs. That is great. I am happy that we have tech jobs. But I remember when it was once just land, a park and lots and lots of trees. People don’t seem to think about the fact that this area of SOCAL is in fact just a desert and if we have a drought, we are all in big trouble! I get it the jobs are here and as long as cities are allowing more building it brings in tax revenue they are going to just let it play out. But I feel like I am the only one screeming “This is not going to end well!”. More grass to water…Where are the parks and family activities going to be? We need to consider the impact all these people coming in is going to have on our schools and neighborhoods, streets of traffic and just standing in line at the grocery store is taking longer and people are not as generous with letting you go ahead of them if you only have two or three items. People are getting more aggitated and upset. Wake up! Remember the study of the rats? As they add more rats the rats become more and more agressive until they start bitting and fighting…not ending well. So I just wanted to bring this to the attention of you all. I hope that the city council members are making decisions that will consider the living situation and it’s impact on all of us for years to come. OC is like LA now only we have newer wider streets. But one day….

Everyone needs a home to live in. The “American Dream”. I really believe in this dream. But at the moment for many hard working people who have saved for years, worked hard and have done very well, they are getting knocked right out of their dream offer again and again. All I can tell them is it has got to stablize soon. Really, it has to stablize pretty soon or our hard working middle class is going to be living in their parents homes or in apartments-renting for a long time to come. Please call your city and go to the meetings to make sure they are considering parks and families. Where are the teen agers going to hang out?

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Housing Recovery, has begun…


September 10, 2012

 No matter which way you do the arithmetic the answer will always come out the same way. And really, that’s a positive. When you own a home you are going to pay off the mortgage and be done with it.  If you were to buy a home today in 2042 you will be free and clear, it would be all yours!  No more monthly payments…what a great goal to have. You can will it to your children or anyone you like. Yes, after you pay it off you will still have to pay your property taxes, but the monthly dollar amount will be a fraction of what the mortgage was. Consider what rents might be in 30 years. Would you rather be paying an inflated monthly lease or rent in 30 years, or just be paying the taxes on your home? I know what your answer is. It is just that simple. Smart people do everything possible to own their own home. Write out a plan; Scrimp and save for the down payment. Where can you save more money to go towards your down payment/closing costs of your new home? You only need 3.5% if you go with an FHA Loan, or if not 5 to 15% . Or if you can put 20% down you will not have to pay PMI insurance which is a safety net for the banks and lenders. That is usually the price of a modest car payment. Remember do not finance ANYTHING when you are preparing to buy a home. You will lower your price point; Loan to Dept Ratio and have to buy a lower priced  home perhaps not in the neighborhood you desire. Be careful when considering buying a new car or financing furniture, remember DON”T DO IT! Just good Advice:  Don’t pay for anything new in your rental unit…carpet/flooring, patio covers, sinks, faucets, make sure you have the owner do all the up grades and repairs. That money should not come out of your pocket, but should be going into that down payment savings account.

Today home prices are going up slightly, which means the sooner you can purchase a home the better. Stop giving your hard earned money to your landlord…who is making a mint off you.

Renee Baccaro Realtor “At Your Service”.

(562) 972-9886


The Power of T.i.m.i.n.g. There is no time like NOW…


The Power of  T.I.M.I.N.G.

There is no time like NOW… to list your home for sale expecting to receive one possibly two strong offers then waiting too long…and being reduced to beg for any offer. If you miss this window of opportunity, well that is just what may happen.

Mistakes some sellers make; The time to plan; getting estimates and then the time to do the actual work can take from 2 to 6 weeks; at this point in the season that will leave you the beginning of summer..  If you want a good price for your home then list it NOW. Let us Show it on the weekends when eager buyers are looking. You may get an offer that you like and not have to do anything! You can also use the work needed as an edge to NEGOTIATE with buyers$3000 carpet & paint allowance. Money you plan on spending anyway can actually help a buyer with the cash for closing costs to buy your home. AND BUYERS ARE LIKE GOLD THESE DAYS. Strategize to give them more to keep them happy and feeling like they are getting the best deal.

 There are a number of short-sales and REO’s that has brought the sale values lower…  Ask yourself if doing all that extra work is worth it? Putting $2000 to $5000 into your home to look nicer, cleaner, brighter… will not yield you a return of… $25,000. $10,000 will not yield you a return of $25,000. Not in this market. Yes, curb appeal is important. Touch up paint to make it look fresh. Some good ol’ labor…or you can create a job for the handyman in your neighborhood.

Do the very minimum…take all the old curtains off – Clean the carpets $150 + wash the windows = clean and bright!  Maintain the yard; mow, trim bushes, weed and water. You can plant flower in the front yard for curb appeal $150 Total =$300.00

Saint Patty’s Day-May- Memorial Day, 4th of July, September – Labor Day – then… it’s all over.

(see full article on www.retalkblog.comby Renee Baccaro Realtor®

(license DRE 01718366) 562-972-9886 cell

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(license 01718366) Villa Group Real Estate