West Covina, CA

California mortgage rates for West Covina are posted below and are subject to change.

Financial Reasons to Buy a Home There are a number of personal and emotional reasons to buy a home. But there are also some strong financial reasons to make the investment. Here are just a few of those reasons: Increase Net Worth: Few things have a greater impact on net worth than owning a home. In a comparison of renters versus homeowners, the Federal Reserve Board of Consumer Finance found that the average net worth of renters was just $4,000 compared to homeowners at $184,400. A Big Tax Deduction: One of the largest tax deductions available is the amount of interest paid on a mortgage. In fact, a $150,000 home at a 5.50% interest rate can add up to approximately $8,000 in first year's interest. This amounts to a significant savings - effectively reducing the amount of a homeowner's monthly mortgage payment. Long-Term Appreciation: Over the last few years, home prices have corrected and become more affordable. While that's good news for potential buyers, it has overshadowed the long-term appreciation of a home's value. The reality is, despite market ups and downs between 1950 and 2002, US home prices appreciated at an annual growth rate of 4.8%. Even if you calculate a modest appreciation of 3%, a home purchased today for $150,000 will grow in value to $364,000 over 30 years. In addition, don't forget that the government is offering a tax credit of up to $8,000 for first-time buyers through June 30, 2010. The tax credit has also been expanded so that qualified purchasers who have owned and occupied a primary residence for a period of five consecutive years during the last eight years can receive a tax credit of up to $6,500.

We originate FHA and VA home loans

Looking for homes for sale in West Covina?

Call on West Covina's best real estate agent!

ANDI GRANT

Mortgage rates can change intra day so call in for the most up to date mortgage rates

Click our logo to visit our website, email me nevin@nevinloans.com or call

888-206-5781 x 1017

West Covina mortgages

Serving West Covina customers since 1977

Visit our Southern California office

1902 Wright Place 2nd floor Carlsbad CA 92008*

First Priority Financial is licensed by the CA DRE # 654852 Nevin's CA DRE license 016552

The opinions expressed in this blog are not necessarily those of First Priority Financial.

3700 Hillborn Rd #700, Fairfield, CA 94534. This is not a guarantee to lend. * Not a licensed branch.

The West Covina City Council recently offered a First-Time Home Buyer Opportunity - the construction of a Single Family Residence that was offered to First Time Home Buyers. The construction of this home was a collaborative effort between the Regional Occupational Program and the Community Development Commission which provided students with hands-on entry level construction skills.

It is anticipated that through collaboration and partnerships with developers, property owners, businesses and the community, the Community Development Commission will continue to encourage development, rehabilitate deteriorating centers, attract and expand businesses, develop and increase the affordable housing stock within the City.

Other new construction underway is the Pacific Communities Park West development. This development is easily accessible from both the 10 and 60 freeways and just minutes away from shopping and dining. If you are into hiking and walking the Heritage Park trails are nearby as well as the local Farmer’s market that is held every Saturday morning. The Community will have 46 detached Single Family homes with up to 5 bedrooms and 3 bathrooms. The square footage ranges from 2,153 to 2,362 and have granite counters, walk-in closets and stainless steel appliances.

If you are interested in taking a tour of the Pacific Communities Park West models feel free to contact us to set an appointment. There are many other gorgeous properties for Sale in West Covina and we can help you obtain one for yourself.

And if you currently own a home in West Covina just know that properties are still holding their vale in most instances and if you would like to know how much your home is worth we will come by to give you a free Market Analysis.

Have a wonderful day!!!!

Shirley Williams & Stephanie Frymyer

West Covina, CA- There are many good reasons why you should take your reusable bags to the store. The hard part is remembering to bring them.

Remember to take your reusable bags when you shop

• Place your Reusable Bags by the door, near your car keys, or with your store coupons.
• Jot a reminder down on your shopping list.
  
• Keep some Reusable Bags in the car, or near your bicycle.
• Put a note on the refrigerator.
• Have some Reusable Bags at the office.
• Take Reusable Bags to the grocery stores, the mall, and on all other shopping excursions.

REMEMBER: If soiled Reusable Bags are washable.

Single Use Bag Reduction Tips

Refuse- Don't accept any unnecessary plastic or paper bags for large items, such as jugs of milk or juice, or small items that can be easily carried or placed in another bag.

Reuse- Plastic bags can be reused for lining trash cans, disposing of pet waste, and in other practical ways.

Responsibility- When using plastic bags to dispose of trash, remember to tie the handles shut before placing them into the trash bin. This will keep contents from spilling out, and prevent bags from becoming air born and ending up on the streets, in waterways, open spaces, or the ocean.

Recycle- Return any extra plastic bags to the grocery store and place them in the plastic bag recycling bin.

Whether you're looking to buy or sell, Residential or Commercial; Don't just hire anyone... Hire a Pro. Licensed REALTOR(s)® California: to list your property for sale or to purchase a property in Alhambra, Anaheim, Arcadia, Azusa, Baldwin Park, Brea, Chino, Chino Hills, Claremont, Corona, Covina, Diamond Bar, Duarte, Glendora, Hacienda Heights, La Habra, La Verne, Monrovia, Montclair, Monterey Park, Ontario, Pasadena, Placentia, Pomona, Rosemead, Rowland Heights, San Dimas, South Pasadena, Upland, Walnut, West Covina, Whittier.

Is your client relocating to one of our professionally served areas?

We Are Always Accepting Referrals

West Covina, CA- The City of West Covina is teaming up with our local Albertsons Supermarket to host a reusable bag giveaway. Where 1,000 reusable bags will be given out to West Covina Residents. All you have to do is bring in 5 single-use plastic bags for recycling and exchange them for a free stylish "Brag About Your Bag(R)" reusable shopping bag.

Visit Albertsons Suppermarket
Located at 2630 E. Workman Ave.
Thursday, December 17th
from 10:00a.m.-2:00p.m.

Help Recycle for a cleaner West Covina. For more information call 626-939-8458 or visit, www.bragaboutyourbag.com or www.westcovina.org

Bag Facts

• Each year, about six billion plastic carryout bags are consumed in Los Angeles County ALONE. Only about 5% of these bags are recycled.
• When plastic bags are littered they could enter the oceans and harm marine life.
• Each year, the County spends over $18 million on cleanup, enforcement, and litter prevention.
• Paper carryout bags are not the most environmentally preferred alternative because of the amount of energy and water used to manufacture them.
  
• By taking your reusable Bags to stores, you can conserve natural resources and reduce the potential for litter.

Click here for more hints tips and solutions for reducing your carbon footprint.

Whether you're looking to buy or sell, Residential or Commercial; Don't just hire anyone... Hire a Pro. Licensed REALTOR(s)® California: to list your property for sale or to purchase a property in Alhambra, Anaheim, Arcadia, Azusa, Baldwin Park, Brea, Chino, Chino Hills, Claremont, Corona, Covina, Diamond Bar, Duarte, Glendora, Hacienda Heights, La Habra, La Verne, Monrovia, Montclair, Monterey Park, Ontario, Pasadena, Placentia, Pomona, Rosemead, Rowland Heights, San Dimas, South Pasadena, Upland, Walnut, West Covina, Whittier.

Is your client relocating to one of our professionally served areas?

We Are Always Accepting Referrals

There are two divergent philosophies about where the market is heading in the coming months. The figures and trends for the Residential Housing Market. Prices have leveled off, and have actually been steadily rising (by 1-2% growth from year-to-year comparisons). The amount of inventory turning over has been over 500,000 for the past 12 months leading to inventory being low in many markets, and buyer demand is still very high (but is it artificially high).

However, professionals and pundits are reluctant to admit that the worst is over due to the artificial real estate parameters that have been in play. Some have used the stats of the new construction coming to a halt after the California new construction initiative ran out of money after only three months. Many are expecting this to be the case for the residential market, and although I can certain agree with this on a National level I am hard pressed to believe this to be true at the local level.

You can read why I think the local Southern California Real Estate Market will not be affected as much as the National Average.

Don't just hire anyone... Hire a Pro. Licensed REALTOR(s)® California: to list your property for sale or to purchase a property in Alhambra, Anaheim, Arcadia, Azusa, Baldwin Park, Brea, Chino, Chino Hills, Claremont, Corona, Covina, Diamond Bar, Duarte, Glendora, Hacienda Heights, La Habra, La Verne, Monrovia, Montclair, Monterey Park, Ontario, Pasadena, Placentia, Pomona, Rosemead, Rowland Heights, San Dimas, South Pasadena, Upland, Walnut, West Covina, Whittier.

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