Forbes Says: 45% Cheaper to Buy Than Rent

Forbes Says: 45% Cheaper to Buy Than Rent

Okay, so I was reading AGAIN!  I know you are all just surprised and shocked.  But this Forbes Article was really worth the read.

It explains how Trulia's Chief Economist, Jed Kolko calculated his findings.  It even has calculations for Los Angeles and other metro areas because obviously the percentage will change with the area.  Once again, ALL real estate is local.  

When you couple this Forbes Article with the blog I read this morning, called Friends Don't Let Friends Rent by Lanise Warrior, you really can see a huge savings here in California.  In her blog, Lanise writes about today's LA Times Article which says that California is second highest in rents.  We are second only to Hawaii, go figure!

Here's a scenario for you.  If YOU purchased a home today for $275,000 and got a 3.5% interest rate, with a larger down, the payments would only be $696 per month.  That is without taxes and insurance figured in.  So with those, approximately $1000 per month.  Now a home rental would be at least $2000 a month.  That's a savings of $1000 per month.  Think of the endless possibilities.

Once again, if you need any questions answered or need help in the area with buying or selling, please don't hesitate to contact me.  I would be honored to help you.  And if you need a FREE HOME EVALUATION, it wold be my pleasure to help you with that as well. Always go with a Realtor You Can Trust! 

Serving the 210 Corridor - the cities of Monrovia, Duarte, Azusa, Glendora, San Dimas, La Verne, Claremont, Upland, Pomona, Chino, Chino Hills, Rancho Cucamonga and Fontana - wherever the need arises.

Warmest Regards,
Linda K. Mayer, Realtor
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell
LindaKMayer@live.com
Linda's Website

World Famous Donut Man, Located in Glendora, CA

World Famous Donut Man, Located in Glendora, CA

Okay, so when I was younger, I used to have a friend who loved Donut Man in Glendora where I grew up.  We would sneak out of the house in the middle of the night (she lived around the corner) since they were open 24/7 and grab a donut or two... a lady never tells how many!  My Momma (who is wonderful) always brings me one on my birthday, it's become a tradition.

Since that time, Donut Man has been featured on The Food Network, The Huffington Post and been written up in the LA Times just to mention a few.  Their strawberry and (my favorite) peach donuts are simply to die for!

So I've taken the liberty of posting the (HOW TO) make Peach Donutsfrom YouTube and Huell Howser's visit to the Donut Man for your enjoyment.  Simply click on these links.

In the meantime, here are a couple of pictures for you to savor!

Warmest Regards,
Linda K. Mayer,
Realtor, Office Manager  
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell
(909) 670-2711 Direct
LindaKMayer@live.com
Linda's Website

 

AGENTS - ARE WE ALL AS ETHICAL AS WE'RE SUPPOSED TO BE?

AGENTS - ARE WE ALL AS ETHICAL AS WE'RE SUPPOSED TO BE?

Okay so as a Realtor we have a code of ethics that we are supposed to follow or risk losing our license or possibly worse consequences than that!  So when I came uponthis article in the LOS ANGELES TIMES, I couldn't help but be surprised.  I guess I shouldn't have been, what with the current economic state, but I really was shocked.


The title got me right away - Real Estate agent Squats in Laguna Beach Home, client  alleges.  Really, an agent who is squatting in his client's home and using it for an office?  And the client further claims that this particular agent forged signatures on documents during the escrow which she was contractually obligated to go forward with in spite of her misgivings.  Wow, no wonder Realtors have a bad name!


It reminded me of a blog I wrote in February called, "Squatters: When Is Enough Enough?"  In this blog, the agents were going around from house to house, not necessarily their own listings.  





These are two examples of when a client should trust their own instincts and run away screaming get out of the deals they have going.  If you don't trust your agent, you should go find another that you can trust.




This is a very good reason my tag line is "A Realtor You Can Trust".  I strive to do everything on the up and up, and really, you won't find me squatting in your house, that's for sure!

If you are interested in buying or selling or simply have questions about real estate, please feel free to contact me.  I will be more than happy to assist you!

Warmest Regards,
Linda K. Mayer,
Realtor, Office Manager  
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell
(909) 670-2711 Direct
LindaKMayer@live.com
Linda's Website