Santa Cruz Real Estate News & Information - November, 2017

Your Rights As A Santa Cruz Home Buyer

When you buying any type of real estate in Santa Cruz, it's imperative that you're aware of your rights. Not everything is as cut and dry as some may want you to think, and while any good Realtor will do everything they can to protect you, knowing what you are and aren't entitled to will help alleviate any awkward conversations and potential disappointment. The following is a list of many of those rights:

Nondiscrimination

In this case, discrimination means being denied the purchase of a home unfairly. If you can afford a home, you have every right to buy it no matter who you are or what neighborhood it's in. The Fair Housing Act makes it illegal to discriminate because of race, handicap, religion, familial status, national origin, whether you…

2243 Views, 0 Comments

When Is It A Good Idea To Use A Home Equity Loan?

What Is A Home Equity Loan?

A home equity loan is a type of loan that allows you to use the equity of your Santa Cruz home as collateral. It is an option that homeowners have available to them and that some people use to pay for major expenses such as home renovations, college education or medical bills.

These types of loans became popular in 1996 because they provided a way for consumers to circumvent their tax charges for that year, which eliminated the deductions on the interest for most consumer purchases.

Are Home Equity Loans A Good Idea?

It is a good idea to leverage your shelter for cash? What is a legitimate reason for taking out a home equity loan? It can be tempting to use the equity you have in your property to pay for…

1969 Views, 0 Comments

H.E.L.P. – A New Program to Help First-Time Home Buyers in Silicon Valley

With housing prices continuing to climb in the region, many first-time buyers have had a hard time breaking into the Santa Cruz real estate market. To help alleviate some of the financial pressures these buyers are facing in the Silicon Valley , Housing Trust Silicon Valley is helping home buyers with a new Homebuyer Empowerment Loan Program (H.E.L.P.), which will become available to help households with incomes that are up to 140% of the area's median income to buy a market-rate home.

Here’s everything you need to know about the latest loan program for first-time home buyers in Silicon Valley.

Funding Assistance For Your First Home in Silicon Valley

The Homebuyer Empowerment Loan Program will assist middle-income earners looking to buy…

1022 Views, 0 Comments

Listing Spotlight: 1955 Seascape Boulevard

Don't miss your opportunity to view this beautiful midcentury-modern home in Aptos' beloved Seascape neighborhood! 

Seascape Courtyard Home

A wooden gate leads to an inner courtyard and double doors that invite you into this unique 3-bedroom, 2.5 bath, 2 story home in the neighborhood surrounding the Seascape Resort. Inside, a tiled foyer and wide carpeted steps lead to an open living room with an angled ceiling and exposed beams, a wall of windows, a fireplace, and sliding doors to a deck that spans the front of the house, looking out towards the ocean.

The kitchen occupies the lower floor of a circular tower, with a tile counter and backsplash, white cabinets, and stainless steel appliances, including a sleek induction range…

778 Views, 0 Comments