Friday, May 9, 2025 / by Linda Pasley
Some Highlights
Once your offer is accepted, an inspector will assess the condition of the house, including things like the roof, foundation, plumbing, and more.
That information is incredibly important and paves the way for you to re-negotiate with the seller, as needed. So, you don’t want to skip this step.
An inspection is your chance to avoid costly headaches and get peace of mind. Let’s connect to talk about other ways to make your offer stand out. ...
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property value, real estate, selling your home, homes for sale in mammoth lakes, mammoth lakes, town of mammoth lakes, condos in mammoth for sale, skiing, snowboarding, downsize, home equity, upgrading, home renovation, home inspection
Wednesday, May 7, 2025 / by Linda Pasley
Saving up to buy a home can feel a little intimidating, especially right now. And for many first-time buyers, the idea that you have to put 20% down can feel like a major roadblock.
But that’s actually a common misconception. Here’s the truth.
Do You Really Have To Put 20% Down When You Buy a Home?
Unless your specific loan type or lender requires it, odds are you won’t have to put 20% down. There are loan options out there designed to help first-time buyers like you get in the door with a much smaller down payment.
For example, FHA loans offer down payments as low as 3.5%, while VA and USDA loans have no down payment requirements for qualified applicants, like Veterans. So, while putting down more money does have its benefits, it’s not essential. As The Mortgage Reports says:
“. . . many homebuyers are able to secure a home with as little as 3% or even no down payment at all . . . the 20 percent down rule is really a myth.”
According to; ...
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property value, real estate, selling your home, homes for sale in mammoth lakes, mammoth lakes, town of mammoth lakes, condos in mammoth for sale, skiing, snowboarding, downsize, home equity, homeowner assistance, upgrading
Tuesday, May 6, 2025 / by Linda Pasley
With all the uncertainty in the economy, the stock market has been bouncing around more than usual. And if you’ve been watching your 401(k) or investments lately, chances are you’ve felt that pit in your stomach. One day it’s up. The next day, it’s not. And that may make you feel a little worried about your finances.
But here’s the thing you need to remember if you’re a homeowner. According to Investopedia:
“Traditionally, stocks have been far more volatile than real estate. That's not to say that real estate prices aren't ever volatile—the years around the 2007 to 2008 financial crisis are just one memorable example—but stocks are more prone to large value swings.”
While your stocks or 401(k) might see a lot of highs and lows, home values are much less volatile.
A Drop in the Stock Market Doesn’t Mean a Crash in Home Prices
Take a look at the graph below. It shows what happened to home prices (the blue bars). ...
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property value, real estate, selling your home, homes for sale in mammoth lakes, mammoth lakes, town of mammoth lakes, condos in mammoth for sale, skiing, snowboarding, downsize, home equity, upgrading
Friday, May 2, 2025 / by Linda Pasley
Some Highlights
Thanks to recent home price appreciation, homeowners have near record amounts of equity – and you may too. On average, homeowners have $311K worth of equity.
Once you sell, you can use it to fund your down payment on your next home or maybe even to buy a smaller house in cash.
If you want to find out how much equity you have, let's connect. Because it may make a move a lot more feasible than you'd think. ...
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Monday, December 9, 2024 / by Linda Pasley
Mammoth Crossing is now “Peak Mammoth”
Exciting developments are underway in Mammoth Lakes as the three former Mammoth Crossing corners, located at the intersection of Main Street and Minaret Road, have recently changed ownership. The corners are within the "North Village Specific Plan" adopted back in 2009 and the allowable density and permitted uses for these sites will remain the same for the new development, considered to be the "Gateway" to the base of Mammoth Mountain.
Over the past few years, the new Limelight Mammoth project has been progressing, and now, New Course has acquired these key sites. The company is eager to collaborate with the Town of Mammoth Lakes and other stakeholders to introduce a new luxury standard of development to the North Village area, situated just south of The Village at Mammoth.
New Course aims to bring "Peak," its stunning luxury residence brand currently showcased in Tahoe, to Mammoth. This ambitious vision promises to elevate t ...
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property value, real estate, selling your home, town of mammoth lakes, condos in mammoth for sale, homes for sale in mammoth lakes, mammoth lakes, skiing, snowboarding