Tammy Vertrees

A Single Woman's Guide To Home Ownership

The traditional view of home ownership usually includes a married couple, but times have changed, and more and more single women are entering the housing market. In fact, almost twice as many single women are purchasing homes than single men, and almost one in five homes purchased today are purchased by single women. So why are single women making up such a large part of the housing market, and what are the special considerations single women should make when purchasing a home?

What Women Want!

The demographics of single women buying homes are quite diverse. From young professional women in their 20s to divorced mothers in their 40s, there are really no typical single women making home purchases, and their needs are just as diverse. Overall, however, there do appear to be a few trends in the market, and here is a list of what the average single woman is looking for in a new home.

• Most spend less than $200,000
• Prefer two bedrooms or more
• Less likely to choose new construction
• Will compromise size and cost to get other amenities, but not location
• Smaller spaces are acceptable, and many prefer condos
• Desire security and safe neighborhoods with a strong community feel
• Look for close proximity to stores, shopping, and fitness centers

Things To Consider

If you are a single woman looking to enter the housing market, or know someone who is, then what should be considered before making the leap into home ownership?

Essentially the considerations are much the same as those of any homeowner. Taking a realistic look at your financial situation is always important. Seeking out the advice of a qualified REALTOR® can make the process less difficult. It is also important to have a clear picture of what your needs as a homeowner are and that you don't settle for something that will not work with your particular lifestyle.

Contact me today: 530-413-8383 or use my contact form.

Why buy high and sell low? Avoid rent increases.

I think you’d probably agree that the worst investing advice in the world is: Buy high, sell low. That’s the very definition of losing money on an investment, right?

So let me ask you: Why would you wait for the housing market to improve before buying a house?

I understand there’s a lot of uncertainty out there. Job security is questionable, unemployment is high, and you’re not sure what it takes to get pre-approved for a home loan. It’s scary. But here’s the thing: Letting fear dictate your financial strategy for the future is a guaranteed way to pay too much for a house in the years to come.

Put fear aside for just a moment. Here are some facts:

- Interest rates are at or close to historic lows

- Prices for homes have plunged to the lowest levels we’ve seen in a generation

- Bank and government-owned property inventory is at an all-time high

- Rents are rising and rental inventory is shrinking (limited rental options!)

Shouldn’t you, rather than your landlord, be the one who benefits from owning a home? Right now is the “buy low” in the “buy low / sell high” cycle. Every day I help renters explore their purchasing power. You might be surprised just how qualified you are for home ownership.

If you’re curious simply use my contact form or drop me a line at 530-413-8383 and I’d be glad to have a no-obligation conversation about how you could own your own home.

Tammy Vertrees

P.S. If you’re curious to see what homes are available right now, visit: Home Search

Discover how You Can Have A LOW Home Payment – Free Information!

I will show you how to achieve your dream of owning
a home so you can STOP making your landlord rich!

Contact me today: 530-413-8383 or use my contact form.

Home Search: Click Here

Related articles

Paradise, California - 5 Tips to Save Money for First-Time Home Buyers

Those who missed taking advantage of the first-time buyer tax credit but who are still planning the purchase of their first home, continue to have a wealth of opportunities in today’s marketplace. A few smart steps can save first-time buyers thousands of dollars. Here is a look at some of the ways how:

1. Don’t buy if you don’t plan to stay

If you can’t commit to remaining in one place for at least a few years, then owning is probably not for you, at least not yet. With the transaction costs of buying and selling a home, you may end up losing money if you sell any sooner – even in a rising market. When prices are falling, it’s an even worse proposition.

2. Start by shoring up your credit

Since you probably will need to get a mortgage to buy a house, you must make sure your credit history is as clean as possible. A few months before you start house hunting, get copies of your credit report. Make sure the facts are correct, and fix any problems you discover.

3. Choose carefully between points and rate

When picking a mortgage, you usually have the option of paying additional points- a portion of the interest that you pay at closing- in exchange for a lower interest rate. If you stay in the house for a long time- say three to five years or more- it’s usually a better deal to take the points. The lower interest rate will save you more in the long run.

4. Hire a home inspector

A home inspector can let you know if you’re about to buy a lemon of a house or warn you about potential problems. At best, you can move into the house confident that it’s in good shape; at worst, the inspector’s report can let you back out of the deal if the house has major, unexpected problems. Most typically, the home inspection can allow you to negotiate the home price to account for necessary repairs.

5. Get professional help

Even though the Internet gives buyers unprecedented access to home listings, most new buyers (and many more experienced ones) are better off using a professional agent. Look for an exclusive buyer agent, if possible, who will have your interests at heart and can help you with strategies during the bidding process.

6. Bonus Tip: Be patient

Buying a home is one of the largest purchases most people will make in their lifetime. The key to avoiding buyer’s remorse is to be completely comfortable before signing on the dotted line.

Real Estate for Today’s Paradise California Investment Sellers and Investment Buyers

Are you looking for alternative investment options to the stock market? Many experienced investors are turning to the real estate market to generate current cash flow, short term capital gains, and the generation of long term wealth.

Real estate is an important component in any investor's overall investment portfolio. In fact, real estate is often included within many investors' mutual funds or real estate investment trusts, because of its ability to react in a different fashion to market conditions than traditional investments often do.

Now is one of the best buying opportunities for Paradise real estate investors seeking to purchase physical properties as investments, as the prices have dropped significantly over the past few years.

With reduced prices, investors have the opportunity to buy into this lucrative market at a low point. And, since the golden rule of investing is to buy low and sell high, the Paradise buying opportunity is ripe!

Whether you are a real estate investor looking to flip properties for a profit, or an individual searching for their first piece of real estate, declining property values present an ideal buying situation.

I have the expertise required as a real estate investor’s agent to help you locate your ideal investment property. Whether you are looking for properties to flip, rent or hold for a medium to long-term gain, I can assist you in locating, negotiating and closing on your piece of investment real estate.

For more information, you can visit my Web site or feel free to give me a call.

Sincerely,

Tammy Vertrees, Paradise California Realtor

530-413-8383 Direct

www.TammyVertrees.com