Association Fees Increasing in Spring Valley Lake

Association fees in the community of Spring Valley are going up again. From Last years’ increase to $640.00 a year to another hike of $768.00 dollars a year. Some people are not happy about this rate increase. Let’s consider some of the other communities in the High Desert, that include Silver Lakes in the city of  Helendale, they are paying $1560 per year and this includes playing all the golf your want. Solera at Apple Valley, a Senior Housing community developed by Pultte homes is charging $1644.00 dollars a year.

Golf at Jess Ranch is modest but not included in this fee.

Although some of us say this is not as bad as some of the communities in other Counties it is still a difficult adjustment to make for a one year change and a lot of people just cannot afford an extra bill in this tight economy

A bit of Southern California (and American) History…

Recently my family and I visited the Ronald Reagan Presidential Library and Museum. I made a page about it here on my website.

What are your Alternatives when you cannot afford a home

In today’s market and the downside to high cost housing, many buyers are looking for alternatives to obtain a home. Creative financing  in a mortgage includes a variety of options, such as assuming a mortgage, buying a home with no money down, seller financing, and a lease -option. These option can make financing a home quick and easy.

To Assume a loan you need to find a home with an assumable mortgage(that may be hard). may call for an in depth search. Once this has been done you should have a professional assist you with the process. The buyer should check the papers and review the loan papers. the next step is contact the lender and request an assumable loan package. You will need to meet certain criteria..

Assuming a loan is more attractive when a buyer has a substaintial amount of cash. The buyer will have to offer the seller the difference between the loan amount and the settling amount.

Lease-option

This is a contactual agreement between the seller and buyer. This allows the buyer to rent the property as they clean up their credit and save for a down payment. The buyer locks into a future purchase price and agrees to buy the property within a reasonable time period. Contact should have a Future Price, A maximum Length in the Agreement and a Monthly Rental Price. Some seller add a clause to protect them requiring the buyer to pay a penalty fee if the decide at the term of the contract not to purchase the property. In addition a percent of the rent will be applied to the option.

Breaking Ground

In my line of work,  I have to know everything that goes on in my area. Being a real estate agent means I have to know all about the different neighborhoods, schools, and recreational activities to share with potential clients.   With this blog, I intend to share some good – to – know information about what’s going on in the Victorville area and its surrounding communities.  Breaking ground on a new blog is not always easy, so if you have any suggestions for topics,  just drop me a line in the comments below!

 Speaking of Breaking Ground…

Noted by the Daily press on September 19, 2007 by a staff writer. The Lewis Retail center will be breaking ground on the High Desert Gateway center on September 27, 2007, and the city leaders believe the shopping center will usher in a wave of development along interstate 15 corridor. The 361,000 square foot retail center  off hwy 15 and Main Street will be anchored by 180,000 square-foot Super Target, which will be built during the first phase of the project.

A second phase will include 27,330 square feet of retail space on the southern three acres of the triangular parcel.

Ed Pack, city councilman believes that The High Desert Gateway center is the beginning of billions of dollars in retail sales and other development coming to the freeway corridor.