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Add Home Maintenance To Your Home Buying Budget!

by The Blake Mashburn Group

As you sit down to budget for buying a new Ventura home, there are several costs to consider. These include the down payment, the closing costs, moving expenses, and the monthly mortgage payments, insurance, and taxes. However, there is something else to add to that budget....home maintenance.

 

 

Even if you are buying a newer home with no immediate repair needs, there are 5 maintenance tasks that you should always take care of upon moving in and therefore should prepare for the costs.

 

  1. Change Locks - Practically anyone could have a key to your new home without you knowing it. Protect your family and your belongings by changing the locks on every exterior door of the home.

  2. Trim Trees - Make sure the trees, especially any older ones, are in good health and not too close to the home itself. Have the trees trimmed and inspected by a professional.

  3. Maintain HVAC - A damaged or failing HVAC system can be very expensive to fix. Stay ahead of any potential issues by having the system maintained right when you move in.

  4. Add Fire Extinguisher - It is important to always have at least one fire extinguisher in your home. Purchase one for the kitchen when you move in.

  5. Clean Chimney - If your new Ventura home has a fireplace, make sure you have it professionally cleaned out since you cannot know for certain when the last time it was cleaned was.

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In addition to these 5 home maintenance costs, you should also budget for appliances, furniture, paint, and any other home repairs/updates you need to make. Knowing these costs as you go into purchasing the home will help you stay within your financial means.

 

 

After you have been living in your home for a while, however, the budgeting should not stop. You should always keep aside some money to help you cover any unexpected repairs and emergencies that could arise at any time. In order to help you afford these costs, it is a good idea to set aside 1% of your home's purchase price every year for repairs. Just remember that the money you are putting into your home is just building equity for you and your family so it is worth it.

 


Visit our Website and follow us on Facebook for other great home maintenance and home buying tips!

Celebrate Earth Day In Beautiful Ventura!

by The Blake Mashburn Group

 

Earth Day is on Monday, April 22nd! With its incredible natural setting, the community of Ventura takes great pride in its environment. Our residents recognize the importance of celebrating and protecting our beaches, waterways, green spaces, and all the gifts Mother Earth has put in our very own backyard. Be a part of the celebration during the award-winning Ventura Earth Day Eco Fest!!! Enjoy family-friendly, eco-fun and entertainment on Saturday, April 27th, from 10:00 am to 4:00 pm at Plaza Park (651 East Thompson Boulevard).

 

Join 5,000+ neighbors and friends as we celebrate Earth Day. Check out the 80+ eco-exhibits, including the Green Auto Expo, for great informational material and interesting demonstrations. Watch incredible live entertainment by Jade Hendrix, Sea at Last, Anchor and Bear, Shelby Figueroa & the Vine Artist Collective, Grace Fellows, and Pacific Sound (exact schedule TBD). Stretch it out and relax during a free BYOM yoga class. Enter to win amazing prizes during the Earth Day Raffle and Silent Auction. Bring your children to the kids’ activity areas for recycled crafts, fun games, exciting scavenger hunts, and much more! Dine on delicious treats from your favorite food vendors, including The Grilled Cheese Truck, It’s In the Sauce, Rice Balls of Fire, Kona Ice, The Deli Doctor, and Belly BombZ.

 

 

Be green and ride your bike to the Ventura Earth Day Eco Fest! There will be a free Bike Valet and ample secure bicycle parking locations.


 

Blake Mashburn wishes everyone in Ventura County a very Happy Earth Day! If you are interested in Buying your dream home in one of our eco-friendly communities, give us a call today or visit our website at http://www.blakemashburn.com/.  



Image Credit: Ventura's Earth Day

Top Eco-Friendly Features For Your Ventura Home!

by The Blake Mashburn Group

Safest Cities in Ventura County!

by The Blake Mashburn Group

 

 

Not only is Ventura County stunningly beautiful, it is also incredibly safe!

 

Three Ventura County communities were ranked within the state's top 50 safest cities by home security and safety website SafeWise. To determine their 2019 rankings, SafeHome gathered data from the FBI's Uniform Crime Reporting Program and the U.S. Census. The communities of Moorpark (#25), Thousand Oaks (28), Simi Valley (40), and Camarillo (24) were all recognized for their dedication and success at keeping their residents safe. Not only were these communities top ranked within the state, but all have lower average crime rates than the majority of cities around the United States!

 

#25 MOORPARK

  • Population: 36,813

  • Median Income: $102,145

  • Violent Crime Rate (per 1,000): 1.30

  • Property Crime Rate (per 1,000): 9.02

#28 THOUSAND OAKS

  • Population: 129,240

  • Median Income: $103,793

  • Violent Crime Rate (per 1,000): 1.33

  • Property Crime Rate (per 1,000): 13.05

#40 SIMI VALLEY

  • Population: 126,635

  • Median Income: $93,516

  • Violent Crime Rate (per 1,000): 1.45

  • Property Crime Rate (per 1,000): 14.40

#47 CAMARILLO

  • Population: 67,714

  • Median Income: $92,780

  • Violent Crime Rate (per 1,000): 1.58

  • Property Crime Rate (per 1,000): 16.04

 

If you are interested in Buying your dream home in beautiful and safe Ventura County, give Blake Mashburn a call today or visit our website at http://www.blakemashburn.com/.  

 

 

Image Credit: SafeWise

 
 

How To Stay On Financial Track During Your Mortgage Approval!

by The Blake Mashburn Group

You just put in a mortgage application for a new Ventura CA Home! Congrats! Although you might know without a shadow of a doubt that you will get approved, your financial diligence is not over! The lender will be tracking your assets throughout the process. Any changes can therefore have a negative impact on your qualification for the loan. Here are the major financial moves to avoid while you are going through the mortgage application process!

 

1. Stay At The Same Bank: Remember, lenders need to source and track assets. To make sure that your lender can easily source and track your assets, you should keep the same bank account(s) that you listed on your application. Avoid closing your account or opening a new one at a different bank.

2. Keep All Credit Accounts Open: Closing credit accounts will change your credit history (which goes beyond payment history to look at length and depth of credit) as well as the ratio of your credit usage to the percentage of available credit. This will have a negative impact on your score.

3. Don't Open New Credit: Stay on track for approval and keep your interest rates lower by not opening any new lines of credit, including auto loans or additional credit cards.

4. Avoid Cash Deposits: It is important that your deposits are traceable and cash is not. Ask your lender the best way to document transactions before depositing cash into your bank account.

5. Maintain Your Job & Current Salary: Your annual income and its source are important factors in your application. Avoid any changes in your employment.

6. Do Not Purchase Other Large Items: This is one of the more common mistakes. Stay on track to qualify to avoid making any additional large purchases (ie automobiles, furniture, electronics, etc.) during this time.

7. Don’t Become A Co-Signer: Although you might not be the one making the payment, the payment will be counted against you if you co-sign on a loan. You might want to help out your friend or loved one but hold off doing so while you are looking to purchase a home.

 

 

For more Home Buying and Home Financing Tips, check out our Website and follow us on Facebook!  

Best Places to Live in Ventura County!

by The Blake Mashburn Group

With incredible weather year round, a stunning natural environment, and charming communities with endless amenities, Ventura County is a great place to call home! But with all Ventura County has to offer, how could you ever narrow down which community is the best fit for you and your family? Have no fear! Neighborhood ranking and review website Niche.com recently released their list of Best Places To Live In Ventura County for 2019!

 

If you are looking to move to a city in Ventura County, be sure to check out these highly rated communities!

 

Ojai

Population: 7,594

Median Home Value: $657,000 | Search Ojai Homes For Sale

Niche Overall Grade: B+

This small community is filled with charm. It offers residents beautiful parks, unique restaurants and stores, and fantastic community events throughout the year. It is equally great for families and retirees. Enjoy minimal commute times and low crime rates in this city.

 

Ventura

Population: 110,153

Median Home Value: $493,800 | Search Ventura Homes for Sale

Niche Overall Grade: B

Located along the stunning Pacific Ocean, Ventura offers beautiful views and endless recreational opportunities for its residents. There is always something fun to do in this thriving mid sized city and it is filled with great dining and retail options. It is a popular community for young professionals and families. The public school system within Ventura is consistently highly rated throughout the state.

 

Camarillo

Population: 67,116

Median Home Value: $541,600 | Search Camarillo Homes for Sale

Niche Overall Grade: B

Residents in Camarillo enjoy quiet living in this beautiful city. There are many excellent amenities located within the city limits and access to the larger cities in the area is a breeze. There are good public schools as well as many parks to spend time outdoors.


BUY your dream home in one of these fantastic communities! Give us a call today or visit our website at http://www.blakemashburn.com/!

3 Money Tips To Help You Afford Your Dream Home in Ventura!

by The Blake Mashburn Group

Buying a home is a major financial commitment! You want to make sure that you have all the necessary savings to do so. Get yourself in great financial health to buy a new home in the beautiful Ventura area.

 


Get financially ready to BUY your dream home in Ventura County! Give The Blake Mashburn Group a call today or visit our website at http://www.blakemashburn.com/ so we can help make your dreams a reality!

Understanding The Steps Of Getting A Mortgage!

by The Blake Mashburn Group

Obtaining a mortgage is a process and one that is often more involved than many home buyers are expecting. Do not be surprised when you get a mortgage by being prepared for everything that is to come. Here are the 5 essential steps to getting a mortgage.

1. Pre-Approval

Getting pre-approval for a mortgage (meaning the lender is committed to giving you a loan up to a certain amount) can greatly increase your chances of the seller accepting your offer. It shows the seller that you are serious and can actually afford their home. In order to get pre-approved you will need to provide your lender with Pay Stubs, Federal Tax Returns, W-2 Forms, Statement of Assets, Residential History, and Proof of Funds.

2. Home Appraisal

Your lender will complete an appraisal of the home to determine its value. This step is necessary in order for them to check the home's value against the loan amount. As long as the home is appraised at or above what you offered, you are good to go. Unfortunately, this step in the process gets complicated if the home is appraised for less. A lender will not give you more money than what the home is valued at. If this happens, you can try to negotiate with the seller, appeal the appraisal, request a second appraisal, or (in many cases) walk away from this particular deal.

3. Maintain Credit Score

It is very important that you do not have any changes to your credit score while you go through the mortgage process. Your score gets checked at the beginning and very end and most stay consistent. Avoid jeopardizing the final approval of your loan by not opening new credit accounts, not closing old ones, and making all of your payments on time.

4. Closing Disclosure Review

When you first applied for your loan, you received a Loan Estimate (LE). Just before closing, you will receive the Closing Disclosure (CD). It is very important that you review the CD off of the LE to check for any errors. The CD outlines everything that you will pay in fees at settlement. Since errors can often occur in these documents be sure to carefully check your Name's Spelling, Loan Term, Loan Type, Interest Rate, Cash to Close, Closing Costs, Loan Amount, Total Monthly Payment, and Estimated Taxes and Insurance.

5. Underwriting

The final step is the underwriting process. This is when you lender verifies that all of the information you provided is true and accurate. The easiest (and only) way to get through this step smoothly is to be truthful in your application. Be sure to maintain your job status, credit score, and pay off your debts on time and this step will be a total breeze!

 

For more helpful Buying tips, check out our Website and follow us on Facebook!

Test Your Ventura Home During Radon Action Month!

by The Blake Mashburn Group


Keep your family healthy and safe by testing your Ventura home during National Radon Action Month!

 

The California Department of Public Health's Indoor Radon Program provides even more information and resources (including a list of certified radon mitigation professionals) to help homeowners in our area. During the month of January, they are offering California residents FREE Radon Test Kits through Alpha Energy. Order yours today by calling 1 (800) 324-5928 (option 6) or online HERE.

 

Check out our Website  or follow us on Facebook for more great safety and improvement tips for home owners!

Helping You Close In 2019!

by The Blake Mashburn Group

You found your dream home and the seller accepted your offer! You are now in the home stretch to getting handed the keys to your new home. There are a few more final and essential steps that need to be made. Here is an easy guide to closing so that you are prepared in the last days of your home buying process!

 

#1 Square Away Contingencies

Make sure that any contingencies (i.e. home inspection, appraisal, and financing) are met before the final transaction. This allows you to walk away if any issues arise.

 

#2 Clear the Title

Your mortgage lender will check for anyone that claims title to the home and see if there are any liens attached to the property. Make sure to buy title insurance so that you can protect yourself from any legal claims as the ownership transfers to you.

 

#3 Get Approval of Your Final Mortgage

Even if you got pre-approved for the loan, your mortgage lender must now verify that you accurately represented yourself by going through the underwriting process. As long as you with truthful about your finances and made no large purchases during closing that will affect your credit score, you should make it through this step like a breeze.

 

#4 Check Your Closing Disclosure

Review your closing disclosure against the loan estimate you received when you first got pre-approval. Check out the mortgage payments, interest rate, loan terms, and closing costs to make sure that everything matches.

 

#5 Do One Last Walk-through

Do a final walk-through in the last 24 hours before closing. This allows you to make sure that the previous owner has truly moved out and that the home is in the condition that you agreed upon. Most sales contracts allow buyers to do a walk-through of the house before closing, within 24 hours. Make sure the previous owner has vacated unless you’ve allowed a rent-back arrangement.And double check that the home is in the condition agreed upon in the contract

 

Get your hands ready to sign a lot of paperwork, complete these 5 steps, and your dream Ventura home is yours!

 

For more helpful Buying tips, check out our Website and follow us on Facebook!

 

Displaying blog entries 1-10 of 15

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Contact Information

Photo of BLAKE MASHBURN Real Estate
BLAKE MASHBURN
Century 21 Everest
1190 S. Victoria Avenue, Suite #100
Ventura CA 93003
Office: 805-856-9350
Cell: 805-368-0202
Fax: 805-642-1424