We recently had the pleasure of participating in Fall Harvest Festivals for two of our local Elementary schools. Coyote Ridge and Vencel Brown both hosted festivals that we helped to sponsor. There was all kinds of events, booths, prizes, costumes, and performances.
Sit back, relax, and enjoy the montage!
As always, please reach out to us if you need any help with real estate in Roseville!
As winter approaches, it’s important to prepare for inclement weather. Even if you have a vacant property, you need to ensure your house is winterized.
1. Inspect the roof. Look for broken, torn, or split shingles or tiles on your roof. Address any damages and get them repaired now. Check valleys for debris, such as leaves.
2. Clean the gutters. It’s easier to clean gutters now than deal with clogged gutters later. Clogged gutters can lead to roof leaks and potential dry rot problems down the road.
3. Check the drainage. Ensure water runs off the yard properly. You don’t want water to flood your property.
4. Insulate exterior plumbing. Even in Sacramento, it gets cold enough for pipes to freeze. Of course, if you live in other areas, I encourage you to consult local experts.
5. Keep thermostat on in vacant homes. Set the thermostat to 55 degrees. Pipes can freeze and break in a vacant home over the winter. Houses could flood without anyone there.
6. Inspect the fireplace. Clean your fireplace now if you have one.
7. Check the exterior of the house. Walk around your property. Check windows, doors, and other crevices for any cracked caulking. Re-caulk if necessary.
8. Inspect the screens for holes. Ensure there aren’t any holes or slits in your screens. If so, you’ll need to address this before it gets colder.
9. Change smoke and CO detector batteries. It’s easiest to change all the smoke and CO detector batteries at once.
I hope you all have a wonderful winter! Do your rain dance and hope for rainfall this winter. Give me a call or email if you have any questions. Talk to you soon.
Today I have Marc Brinitzer with me, and he's going to explain some important changes that the real estate market will be experiencing this year.
On October 3rd of this year, the real estate market saw some big changes. Why is this?
It's because of changes coming to the TILA-RESPA Integrated Disclosure (TRID), and they will affect everyone involved in real estate, from consumers to Realtors to lenders. The Consumer Financial Protection Bureau (CFPB) issued a final rule amending regulations in the Truth in Lending Act as well as the Real Estate Settlement Procedures Act.
So, what does this mean for you? The TILA-RESPA rule consolidates four disclosures for closed and credit transactions secured by real estate property into two different forms.
One of these forms is a loan estimate that must be delivered or placed in the mail no later than the 3rd business day after receiving the consumer's application. A closing disclosure must be provided to the consumer at least three business days prior to consummation.
These new disclosures must be provided by a creditor or mortgage banker that receives an application from a consumer for a closed end credit transaction. However, creditors will still be required to use the current Good Faith Estimate, HUD 1 and Truth in Lending forms for applications received prior to August 1, 2015. After that date, these forms will no longer be used.
The TILA-RESPA rule includes some new restrictions on certain activity prior to consumers receiving the loan estimate. These restrictions took effect on August 1, 2015, regardless of whether an application was received on that date. These restrictions include imposing fees on a consumer before the consumer has received the loan estimate, or requiring submission of documents verifying information related to the consumer's application before providing the loan estimate.
Please don't hesitate to contact us with any questions about this issue. We understand that it may seem a little confusing or overwhelming. We would be happy to clear up any misconceptions that you may have!
