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Things To Avoid After Applying for an RCFE Home Loan

Things To Avoid After Applying for an RCFE Home Loan

Once you’ve applied for a mortgage to buy an RCFE, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need...

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Why Rising Mortgage Rates Push Buyers off the Fence

Why Rising Mortgage Rates Push Buyers off the Fence

If you’re thinking about buying an RCFE, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your RCFE...

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What You Need To Know About Selling in a Sellers’ Market

What You Need To Know About Selling in a Sellers’ Market

Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their RCFE homes. But if you’re thinking about listing...

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How RCFE Homeownership Can Help Shield You from Inflation

How RCFE Homeownership Can Help Shield You from Inflation

If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make...

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How To Approach Rising Mortgage Rates as an RCFE Home Buyer

How To Approach Rising Mortgage Rates as an RCFE Home Buyer

In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. The rates for RCFE mortgages are about .75% - 5.0% higher, depending upon the type of financing utilized.  While that news may have you questioning the timing of your RCFE...

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Where Are Mortgage Rates Headed?

Where Are Mortgage Rates Headed?

There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more...

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Ch-Ch-Ch-Changes

Ch-Ch-Ch-Changes

 With rates inching their way up to 5%, the housing market is slowly changing and trends are emerging that illustrate a shift in the insanely hot housing market. New Trends Emerge As rates zoom upwards, home affordability is beginning to impact the housing market in...

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Why It’s Critical To Price Your RCFE Home Right

Why It’s Critical To Price Your RCFE Home Right

When you sell your RCFE, you want to sell your house for the highest price possible. That might be why many RCFE homeowners are eager to list in today’s sellers’ market.  After all, with record-low inventory and high buyer demand, many RCFE homes are selling for more...

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It’s a Good Time To Sell

It’s a Good Time To Sell

In today’s sellers’ market, many care home owners are weighing their options and trying to decide if they should sell their care home.   If you’re in that group, you may be balancing things like the ongoing health crisis, rising mortgage rates, difficulty in...

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CONSIDER GOING SOLAR

CONSIDER GOING SOLAR

As a real estate broker specializing in care home sales, as well as a CPA, I am frequently asked by clients how to “improve the bottom line,” or, increase net operating income.  I’m often surprised that many care home owners do not timely prepare monthly operating...

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Scientists say they’ve zeroed in on a cause of Alzheimer’s

Scientists say they’ve zeroed in on a cause of Alzheimer’s

Researchers from the University of California, Riverside say they have uncovered a reason why some people with protein plaques and tangles in their brains do not develop Alzheimer’s disease. The prevailing theory is that brain plaques and tangles (made up of protein...

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How to Think Strategically as a Buyer in Today’s Market

How to Think Strategically as a Buyer in Today’s Market

The game of chess can provide incredible lessons to apply to all aspects of life, including the care homebuying process. Chess requires you to plan and think about your strategy from the very beginning of the game.   The care homebuying process, like chess, requires...

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The Holidays Are A Great Time To Sell Your RCFE!

The Holidays Are A Great Time To Sell Your RCFE!

Have you considered selling your RCFE, but think it’s better to wait until the New Year before you put your RCFE on the market?  Think again!  The holidays are a MAGNIFICENT time to sell your RCFE because buyer demand is still very strong.  Also, holiday-decorated...

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Don’t Tackle Selling Your RCFE on Your Own

Don’t Tackle Selling Your RCFE on Your Own

If you’re looking to maximize your sale and minimize your effort, you need to work with an expert real estate professional who specializes in senior care properties. In a sellers’ market like today’s, it can be tempting to list your RCFE on your own – known as For...

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Two Reasons Why Waiting a Year To Buy Could Cost You

Two Reasons Why Waiting a Year To Buy Could Cost You

Freddie Mac: 5.3% If you’re an RCFE renter with a desire to become an RCFE homeowner, you may be hoping that waiting a year might mean better market conditions to purchase an RCFE home. To determine if you should buy now or wait, you need to ask yourself two simple...

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Few Long-Term care operators report being fully staffed

Few Long-Term care operators report being fully staffed

Just 1% of nursing homes and 4% of assisted living communities participating in a recent survey by the American Health Care Association / National Center for Assisted Living reported being fully staffed. A total of 1,183 nursing home and assisted living providers...

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5 Tips for Making Your Best RCFE Home Offer

5 Tips for Making Your Best RCFE Home Offer

In today’s hot sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of RCFEs for sale and high buyer demand.  If you’re buying this fall, you’ll want every advantage, especially when you’ve...

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5 Reasons Today’s Housing Market Is Anything But Normal

5 Reasons Today’s Housing Market Is Anything But Normal

There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as...

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What RCFE Buyers and Sellers Need To Know About the Appraisal Gap

What RCFE Buyers and Sellers Need To Know About the Appraisal Gap

It’s economy 101 – when supply is low, and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to RCFE appraisals.  In recent...

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5 Things Homebuyers Need To Know When Making an Offer

5 Things Homebuyers Need To Know When Making an Offer

Excerpted from McKnights Clinical Daily by Alicia Lasek More than a quarter of older adults say they are in worse physical condition now than before the pandemic, suggesting a heightened potential for falls, a new national poll has found. More than a third of older...

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5 Things Homebuyers Need To Know When Making an Offer

5 Things Homebuyers Need To Know When Making an Offer

When it comes to buying an RCFE residence, you’re looking for the perfect place for your residents to call home. The problem is, in today’s market there just aren’t that many RCFEs available to purchase. With inventory hovering near record lows and high buyer demand,...

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Experts Say Home Prices Will Continue to Appreciate

Experts Say Home Prices Will Continue to Appreciate

It’s clear that consumers are concerned about how quickly RCFE home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is the housing market going to...

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Don’t Forget to Budget for Closing Costs

Don’t Forget to Budget for Closing Costs

When buying an RCFE home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as...

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Email: michelle@commlre.com
Tel: 949-397-4506

Lic #: 01971087
Corporate ID#: 01934115

 

 

 

 

 

Email: melvyn@commlre.com 
Tel: 949-500-3630

Lic #: 01318955
Corporate ID#: 01934115

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