Real Estate Information Archive

Blog

Displaying blog entries 1-10 of 98

Don't Get TRICKED By These Home Buying Myths!

by The Blake Mashburn Group

October might be the time for TRICKS but you don't want to feel that way when you are buying your first home in the Ventura area. Purchasing your new home can be an understandably be a daunting process! While there is plenty of real estate advice out there on financing, the process, steps to take, and more, we know that there is a lot of information that steers first time home buyers in the wrong direction. Never fear! We are here to tell you the truth about several common myths that you might hear and make your journey towards your new home a TREAT!

 

Myth #1 | It begins with the search.

Fact | You've made the decision purchase your first home. You know your lists of must haves in your new home. It's time to start scrolling the internet for your dream home, right?! Wrong! Although you can begin an initial search for homes to see what is currently available, you should not have the mindset that this is the first step in the home buying process. Your very first step should be getting your finances in order. Make sure your credit is in good shape and get pre-approved for a mortgage. There are two major reasons why you want to take these steps first: (1) you can determine a realistic budget and search for homes that fit within your appropriate range and (2) you will stand out to sellers since you have proof that you are financially ready to purchase a new home.

 

Myth #2 | Bad credit means you have to wait.

Fact | It is undoubtedly true that having bad credit will make it more difficult for you to purchase your new home right at this moment. However, you do not have to wait. There are financing options, such as FHA loans, that might still be available to you. Just be sure to do thorough research about all the options you have available so that you make the best choice for your current and future financial situation.

 

Myth #3 | You will save money with a 30-year mortgage.

Fact | A 30-year mortgage does give you more time to pay back the loan, which seems like a way for many first time home buyers to save money. However, if you break it down you discover that you are actually paying more. It takes you twice the time to pay back the same amount you would have borrowed with a 15-year mortgage. That doubling of years means a dramatic increase in the amount of interest payments you are making. Check out our helpful Finance Information for more on the types of loans available. We are not saying that you should not choose a 30-year loan. You just need to do plenty of research to determine what will best fit your lifestyle.

 

Myth #4 | The only cost you pay upfront is the down payment.

Fact | You have enough money saved and set aside for the down payment. That's great! BUT, what about added costs for credit reports, closing costs, home inspections, insurance, and anything else that could unexpectedly pop up. Make sure that you have additional money set aside for these added costs that are almost always part of the home buying process.

 

Myth #5 | You must pay 20% for your down payment.

Fact | A 20% down payment keeps you from having to pay Private Mortgage Insurance (PMI). It does not mean that you must pay 20%. See if you are eligible for loans with a 5% or 10% down payment if you are willing to pay monthly fees for PMI. You may also qualify for FHA loans or other down payment assistance options.

 

Myth #6 | You do not really need a home inspection.

Fact | You should NEVER skip the home inspection. Doing so puts you at risk of buying a home with a lot of underlying, hidden issues. This will turn your new "dream" home into a money and time pit. Avoid any of this by having a thorough home inspection done before you negotiate a deal for the home.

 

Myth #7 | Since you can move eventually, your must haves should focus on just your immediate situation.

Fact | You never know how long you will stay in a home. It is best to find a home that can still fit you as you and your family continue to grow and move forward. Think about your immediate needs and your needs 10, 20, or even 30 years from now. Regardless of what actually ends up happening, this gives you the option to avoid or delay moving in the future and can also help you choose a home that will have greater resale value if you do not to sell someday.

 

Myth #8 | You will lose the home if you do not offer the asking price.

Fact | It is true that sellers are hoping to get the most amount of money for their home. However, offering a price lower than asking does not mean that sellers will automatically deny your offer. Sellers are often open to negotiating with buyers that show their finances are in order. If you have awesome credit, are pre-approved for a loan, and/or have your down payment ready to go, you show that you are a serious buyer and that the process can begin immediately. This is often enough to make sellers willing to come down on the price.

 

Myth #9 | A realtor is unnecessary these days.

Fact | An Experienced Realtor by your side during the home buying process is an invaluable resource. Sure, the internet can help you easily search for houses or do some own research on your own but it can never replace all that a realtor does. Especially when it comes to first time home buyers, it is important to work with a realtor who understands the local market, has many years experience negotiating, knows exactly what to look for in a home, and so much more. Having that real estate ally will help alleviate a lot of stress for you during the process.

 


Now that you know the facts, you are ready to BUY your dream home in Ventura County! Give Blake Mashburn a call today or visit his website at http://www.blakemashburn.com/ so he can help make your dreams a reality!

Sell Your Home For Top Dollar With These Design Tips!

by The Blake Mashburn Group

Little decorating updates can go a long way when you are trying to sell your Ventura home. It is important to find ways to make your home stand out from the competition and attract the broadest array of potential buyers. Sell your home for top dollar and quickly with these Top Design Tips.

 

Stay True To Your Home's Roots: Do not worry about making everything in the house brand new. In fact, you should showcase the home's traditional elements as it makes it unique from other homes on the market.

Freshen It Up: A new coat of paint is the easiest and cheapest way to freshen up your home. Use neutral colors to appeal to the broadest range of buyers.

Make It Spacious: It is important that rooms always feel large regardless of their actual square footage. Create the perception of space by placing furniture in the space that allows it to feel larger.

Be Green: Adding energy efficient features to your home will attract home buyers not only because it is eco-friendly but will also help them cut costs on energy bills.

Invest In The Kitchen: The one room you should definitely put some money into is the kitchen. It is the central hub of any home. You will see a return on your investment on even minor improvements, such as updated hardware and lighting.

Same Goes For The Bathroom: The other room that will give you a good ROI is the bathroom. Replace light fixtures and update the vanity to give the space an updated look.

Make Space For Master Bedroom Closets: Buyers want storage and luxury and there are few better features than a walk in closet for the master bedroom to achieve that. It will add value to your home and attract more buyers.

Add More Storage: Don't stop at just the bedroom closet. Add storage anywhere you can, such as under the stairs.

Organize: It is important to declutter your home. While you can do it on your own, it can be beneficial to hire a pro. They will help you get rid of the stuff you really do not need and make your home feel larger.

Make A Great First Impression: Update your curb appeal so buyers want to see what else your home has to offer. Clean and add fresh paint to the exterior of your home. Give your lawn and garden some TLC so it is looking its very best.

 

Work with Blake Mashburn to Sell your Ventura home today! Give us a call at (805) 856-9350 or visit http://www.blakemashburn.com/!


 

Source: Houzz Inc. ©

 

Find Incredible Works Of Art At The 2019 Ventura ArtWalk!

by The Blake Mashburn Group


Celebrate the 26th anniversary of our favorite art filled community event…..ArtWalk Ventura!! On Saturday, September 28th  from 11:00 am to 7:00 pm enjoy a fun, self guided tour of the best art that Ventura has to offer! Check out the incredible works of art by 100+ talented artists on display at dozens galleries, studios, and pop-up venues. Do not miss this fantastic art event!

 

Participating Venues

Art City Gallery & Studios | 197 Dubbers Street

Bell Arts Factory | 432 North Ventura Avenue

Buenaventura Art Association | 432 North Ventura Avenue

Davey Miller Gallery | 407 North Ventura Avenue

Fox Fine Jewelry | 560 East Main Street

John White Studio | 110 North Olive, Unit N

Latitudes Fine Art Gallery | 401 East Main Street

Museum of Ventura County | 100 East Main Street

Oak & Main | 419 East Main Street

Pacific Wonderland Inc | 651 North Ventura Avenue

VC Art Market | 185 East Santa Clara Street

Very Ventura | 540 East Main Street

Vita Art Center | 28 West Main Street

Working Artists Ventura | 175 South Ventura Avenue


 

**2019 Full Schedule **

 

Fill your dream home with the incredible works of art you discover this weekend at ArtWalk Ventura! Check out the current Homes for Sale throughout Western Ventura County to find your perfect property! Give our experienced team a call today at 805-856-9350 or visit our website at http://www.blakemashburn.com/.


Image Credit: ArtWalk Ventura 

Make Your Home Shine During The Open House!

by The Blake Mashburn Group

Help Sell your Ventura home for top dollar and quickly by hosting the best open houses around! Open houses are a great way for buyers to see the home in person and ask any questions that they might have. They play a major factor in whether or not a buyer wants to pursue a particular home. Have buyers scrambling to buy your home! Follow these tips for hosting a successful open house!

 

1. Make it Welcoming - Although it might not seem like much, welcoming touches as simple as a nice doormat on your front porch can set a positive tone for the entire open house. By creating a welcoming atmosphere from the very start, you are showing buyers that you take pride in your home and it is well maintained.

 

2. Clear off Counters - Make sure your home looks like it has ample counter space in the kitchen and bathrooms by clearing them off of clutter. Keep appliances to a minimum on the kitchen counters and put personal hygiene items in drawers or cabinets within the bathrooms.

 

3. Keep it Generic - You want the buyer to envision themselves within the home so it is best to remove any personal items that can be distracting to potential buyers. Consider stowing away photos, children's art work, and other familial items during the open house.

 

4. Set the Table - Add some class to your home by adding nice place settings to your dining room table. This will also help the buyer envision hosting their own dinner parties within the space.

 

5. Make it Homey - Offering a tasty homemade treat or refreshing drink as soon as a buyer comes to the open house can instantly create a feeling of home. Add some freshly picked flowers or light a mildly scented candle to add some homey elements.

 

6. Don’t Hang Out - Buyers are more likely to feel awkward during an open house if the home owner is there. They might feel uncomfortable looking throughout the home or asking questions of their agent while you are there. Consider only being in the home for a brief moment or not at all when you have an open house scheduled.

 

A successful open house can be key to selling your Ventura home!  If you are ready to sell, the Blake Mashburn Group is here to help you every step of the way! Give us a call today or visit our website at http://www.blakemashburn.com/.

Get Approval For Your Mortgage By Following These Financial Rules!

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 main financial rules to follow 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!  

Do Your Part During California Coastal Cleanup Day!

by The Blake Mashburn Group

One of the best things about living in Ventura County is the stunning coastal areas and waterways! Help keep all of these beautiful, vital natural spaces clean during the 35th Annual California Coastal Cleanup Day. This Saturday, September 21st, volunteer and give back to your community. Help protect local wildlife and take care of our environment by removing debris from the beaches, creeks, lakes, and rivers throughout the county.

 

Sign up for a 3 hour shift (9:00 am to Noon) and enjoy time along the water while making an important difference. Last year, over 13,000 pounds of trash and recyclables was collected during the event! You really can help make a difference! Click HERE for the Volunteer Waiver Form.

 

Help keep Ventura County one of the best places to live by participating in the 35th Annual California Coastal Cleanup Day. Find all the information about area cleanup sites below!

 

 

Coastal Sites

  • Emma Wood Group Camp 

  • Fairwind Yacht Club 

  • Marina Park

  • McGrath State Beach

  • Mugu Rock Beach

  • Ventura Promenade

  • Oil Piers

  • Ormond Beach Wetland (The Nature Conservancy)

  • Ormond Lagoon

  • Oxnard Beach Park

  • Port Hueneme Beach (East of Pier)

  • Port Hueneme Beach (West End at Hueneme Wharf Plaza)

  • Rincon Parkway

  • Sanjon

  • Silver Strand Beach

  • Ventura Harbor Beaches (Harbor Cove beach to Surfer’s Knoll)

  • Ventura Promenade

Inland Sites

  • Camarillo-Calleguas Creek

  • Camarillo-Mission Oaks Park Barranca

  • Camarillo-Beardsley Wash

  • Fillmore

  • Lake Casitas

  • Moorpark

  • Ojai

  • Santa Clara River Gateway

  • Simi Valley

  • Thousand Oaks/ Arroyo Conejo Creek

 

*Map and Directions of 2019 Ventura County Coastal Cleanup Day Sites*

 

Help do your part this weekend by keeping Ventura County a beautiful place to live for us all! Find your Dream Home in this stunning natural oasis! Give ​​Blake Mashburn a call today! 

 

 

Image Credit: California Coastal Commission

 

Watch Out For These 7 Home Buying Mistakes!

by The Blake Mashburn Group

Although not an overly tricky, there is a lot that goes into buying a house. Throughout this process, buyers, especially if it is their first time, can sometimes make avoidable mistakes. Although these mistakes might seem minor they can keep a buyer from being able to purchase their home....and nobody wants that! We are here to help if you are looking to buy your dream home in the Ventura area. Here are the most 7 commonly made home buying mistakes and ways for you to avoid them.

 

#1 Delaying Financing

Avoid this mistake by first meeting with a mortgage lender to find out what financing options are available to you. This will allow you to set your budget.

 

#2 Using an Unreliable/Fake Lender

Avoid this mistake by asking your realtor for recommendations of mortgage lenders. Also do some of your own research so you understand the basics of a mortgage and can identify a fraud.

 

#3 You get Pre-Qualified and not Pre-Approved

Avoid this mistake by working towards pre-approval, in order to show that your financing is ready for purchasing a home.

 

#4 Searching Outside Your Budget

Avoid this mistake by knowing exactly the financing available to you through your mortgage lender. Stick within the budget you are pre-approved for and only look for houses that fit within it.

 

#5 Offering Too Low

Avoid this mistake by not offering a lowball offer in a seller's market. If you do, the seller will simply go with a different buyer. Trust your realtor to know what the best offer is to make based on the current real estate market trends.

 

#6 You Go on a Shopping Spree during Escrow

Avoid this mistake by buying anything big until after you have closed on your new home. Although you have pre-approval, your finances are not 100% secure. In fact, your lender will double check your finances right before closing to make sure you still qualify. If you have suddenly opened new credit accounts or purchased a big ticket item, such as a car, appliances, etc, it could change your debt to income ratio and affect your loan qualification.

 

#7 Not Having the Money to Cover Closing Costs

Avoid this mistake by working closing costs into your budget from the very beginning. Get an estimate from your mortgage lender of closing costs before you put in your offer on the house so that you have the necessary funds.

 

Now that you know how to avoid these common buyers mistakes, you are ready to BUY your dream home in Ventura County! Give Blake Mashburn a call today or visit our website at http://www.blakemashburn.com/ so we can help make your dreams a reality!

 

Why You Should Sell Your Ventura Home This Fall!

by The Blake Mashburn Group

With the kids are back in school and the holiday season a few months away, many people do not think that now is the best time to sell your Ventura home. Despite these factors, there are many reasons why this season might be the perfect time for you to sell. Don't miss out on a great opportunity by checking out these Top Reasons to Sell Your Home this Upcoming Fall Season!

 

1. High Demand from Buyers

With slower growth in new construction and lower inventory in general on the market, fall tends to see higher demand from buyers. Use this high demand to sell your home quickly and for top dollar before the end of the year.

 

2. There is Less Competition

Because school has started and the holidays are right around the corner, many sellers are more inclined to wait to list their home until the spring. That means less competition. The limited choices for home buyers will make it easier for them to find your home listing and help you stand out in the smaller crowd!

 

3. It Will Be Quicker

Buyers in the fall market tend to be more determined to find and move into a place as quickly as possible, particularly with the holiday season fast approaching. Enjoy less days on the market by listing this fall as opposed to waiting until next year.

 

4. Take Advantage of Higher Sale Prices

Sale prices of homes are quite high across the board which means it is a good time to take advantage. Although there are always changes in the market, prices are predicted to drop over the next two years, so enjoy a higher return on your investment while you know you can!

 

5. The Time is Right For You & Your Family

No matter what the reason behind it, only you know when the best time to sell your home is. If you know that time is right now, than this season is the perfect time to sell!

 

For more Sellers Tips, Contact Blake Mashburn today!

 

Discover A Masterpiece At The Ventura Art & Street Painting Festival!

by The Blake Mashburn Group

Ventura is about to get a lot more colorful! It's time for the 9th annual Ventura Art & Street Painting Festival!!! Head on down to the beautiful Ventura Harbor on Saturday, September 7th, and Sunday, September 8th, from 10:00 am to 5:00 pm daily to see some magnificent works of art!

 

Find incredible pieces of art for yourself and your Ventura home at the fine artisan marketplace. Fifty local artists will be displaying and selling their jewelry, paintings, sculpture, photography, pottery, glassware, and more!

 

Stroll along the harbor promenade for the most amazing display of "living" art. Forty five of Southern California's finest chalk artists will transform the sidewalks into vivid masterpieces for all to enjoy.

 

Admission and parking at this favorite community event are FREE!

 

 

Blake Mashburn wishes everyone a colorful good time at the Ventura Art & Street Painting Festival! Follow us on Facebook and check out our Website for more fantastic community events taking place throughout the year!

 

Image Credit: Ventura Art and Street Painting Festival

Labor Day Weekend Events Throughout Ventura County!

by The Blake Mashburn Group

Labor Day Weekend is Here! This long holiday weekend is traditionally filled with family gatherings, cook outs, outdoor recreation, and more. Looking for something unique to fill your time this weekend? We have found a fun event for you and your family to check out each day! Explore the best Ventura County has to offer at these incredible community events taking place this Labor Day Weekend!


 

17th Annual Ventura Nationals

Date: Saturday, August 31st

Time: 9:00 am - 5:00 pm

Location: Ventura Fairgrounds (10 West Harbor Boulevard, Ventura)

Cost: $15 General Admission | FREE Children 12 & Under | $10 Active Military

Check out the most incredible hot rods, customs, motorcycles, low riders, and more at this incredible annual show! You will find some of the best automobiles and bikes in the entire country, from antiques and classics to modern custom builds. Do not miss the fun Pedal Car Contest as they cruise their way through the fairgrounds. Enter for your chance to win a 1959 El Camino. Enjoy great live music by Jesse Dayton, Tom Kenny & The Hi-Seas, The Moontones, Eddie & The Scorpions, and The Rockin Henrys. And, so much more! Tickets are available for purchase at the fairgrounds (Cash Only).

 

15th Annual Santa Paula Labor Day Parade

Date: Monday, September 2nd

Time: 10:00 am

Location: Main Street, Santa Paula

Cost: FREE Admission!

Find the best spot along the parade route and enjoy the best Labor Day parade in the area! Check out all the great floats, musical groups, and more.

7th Annual Labor Day Vintage Tractor Fair

Date: Monday, September 2nd

Time: 10:30 am - 1:30 pm

Location: Agriculture Museum (926 Railroad Avenue, Santa Paula)

Cost: FREE Admission!

After the Santa Paula parade, head to the Agriculture Museum for an afternoon of old-fashioned family fun! Check out vintage tractors, enter the pie eating contest, bob for apples, play in the bounce house, make tractor crafts, and so much more!

38th Annual Malibu Chili Cook Cook-Off

Date: Friday, August 30th - Monday, September 2nd

Time: 1:00 pm - 10:00 pm (Fri), 11:00 am - 10:00 pm (Sat&Sun), 11:00 am - 8:00 pm (Mon)

Location: 23575 Civic Center Way, Malibu

Cost: $15 per day

Take a trip down to Malibu for this fun annual event featuring carnival rides, fair games, live entertainment, silent auction, vendors, food sales, and of course, the famous chili cook-off. Purchase tickets HERE!

Labor Day Concert in Thousand Oaks - The Police Experience

Date: Monday, September 2nd

Time: 5:00 pm

Location: Conejo Community Park (1175 Hendrix Avenue, Thousand Oaks)

Cost: FREE!

Dance the evening away to one of the most authentic cover bands in the country, The Police Experience. Refreshments are available.

 

 

Blake Mashburn wishes everyone a very Happy & Safe Labor Day Weekend!

Displaying blog entries 1-10 of 98

Share This Page

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