Marianne Avila - Berkshire Hathaway HomeServices Verani Realty



Posted by Marianne Avila on 1/16/2022

Finding and purchasing a home sometimes can be difficult, particularly for an individual who encounters assorted challenges throughout the property buying journey. Lucky for you, there are several shortcuts that a homebuyer can use to streamline the property buying process. These shortcuts include:

1. Narrow Your Home Search

If you know you want to buy a home, you should consider where you want to reside and what features you want in your ideal residence. That way, you can avoid the danger of committing time and resources to analyze houses that fail to meet your expectations.

Oftentimes, it helps to craft a list of preferred cities and towns. This list will help you hone your home search to specific areas and ensure you can accelerate the homebuying journey.

Think about what you want to find in your dream house and create a list of home must-haves and wants too. With this list in hand, you can further accelerate your search for your ideal home.

2. Get Pre-Approved for a Mortgage

Some homebuyers apply for a mortgage after they find their dream residence, but doing so may prove to be problematic. Because if a buyer submits an offer to purchase a home without a mortgage at his or her disposal, this individual likely will need to move quickly to get home financing. Or, if a buyer provides a homebuying proposal but cannot secure a mortgage, this individual risks missing out on the opportunity to acquire his or her dream house.

To get pre-approved for a mortgage, you can meet with banks and credit unions and explore a wide range of mortgage options. Then, once you select a mortgage, you can kick off your home search and know exactly how much you can spend to purchase your ideal residence.

3. Hire a Real Estate Agent

A real estate agent is a homebuying expert who will guide you along the property buying journey. He or she can help you identify potential homebuying hurdles and overcome these issues before they escalate. Best of all, a real estate agent will do everything possible to ensure you can acquire a great home at a budget-friendly price.

In addition, a real estate agent will work with you throughout the property buying journey. He or she first will learn about your homebuying goals and help you craft an effective property buying strategy. Next, a real estate agent will help you put your homebuying plan into action and ensure you can discover a house that matches your expectations. And once you discover your ideal home, a real estate agent will help you put together a competitive offer to purchase this residence.

As you prepare to kick off the homebuying journey, you should try to plan ahead as much as possible. By taking advantage of the aforementioned shortcuts, you can prepare for the homebuying journey and speed up the process of finding and purchasing your dream residence.




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Posted by Marianne Avila on 9/5/2021

Personal financial in your twenties comes with a steep learning curve. One minute you’re studying for your finals and the next you’re expected to suddenly know about APR financing, 401(K)s, and fixed-rate mortgages.

If you’re in your twenties and are facing these new challenges, you’re probably equal parts terrified and excited for the future. And, although it can be anxiety-inducing to step into the world of personal finance, you have one tool to your advantage that your parents and grandparents didn’t have: the internet.

So, in this article, we’re going to give you some tips about buying a home and managing your finances in your twenties.

Have an emergency fund

You probably have a lot of things you want to save for. Down payments on mortgages and auto loans, saving money for traveling, beginning your retirement funds, and maybe even starting a family; they’re all important investments that will take time and financial planning to achieve.

However, one thing that many young people neglect when they first start saving is an emergency fund. There are any number of things that can throw a wrench in your plans in your twenties. You might lose a job and have to live off of savings while hunting for a new one. Maybe something goes wrong with your car and it costs hundreds to repair. Or, you could have unforeseen medical expenses that aren’t covered by your insurance. Regardless of the reason, having an emergency fund will help you stay out of unnecessary debt.

It’s recommended to have at least 6 months of living expenses saved in your emergency fund. Once you have this amount saved, it’s a good idea to keep it in a separate account to avoid spending it on things that aren’t exactly an emergency.

Don’t live above your means

We all know that buying a house, going to college, and even buying groceries are all exponentially more expensive than they used to be. However, it’s still important to try to adjust your lifestyle to the things you can afford.

This includes the vehicle you drive, the first home you buy, and even smaller purchases you make.

Avoiding lifestyle creep

Related to our last point about living above your means, lifestyle creep is the phenomenon that occurs when you get a raise or a higher paying job: the more we make, the more we spend. However, it’s possible to avoid this trend by keeping your finances in check.

The next time you get a raise, make sure that money is put to use in either your retirement fund or savings account. This method is based on the goal of “giving every dollar a job.” When every dollar you earn has a purpose, you’re less likely to spend it on new video game consoles every six months.





Posted by Marianne Avila on 7/11/2021


Real estate transactions have so many steps and moving parts they can feel unending. Your hard work and patience will pay off when you reach your closing day—as long as there are no unforeseen issues. Unfortunately, there are some common reasons that a closing can be delayed. While you cannot predict everything, you can familiarize yourself with some of the typical problems that can occur in order to prepare for them. Here are some of the most common reasons closing can be delayed:

The Buyer’s Mortgage Is Not Approved

Mortgage approval issues are the most common cause of home transactions being delayed or even terminated. During the approval process, a lender will observe your financial situation to monitor for any risky credit behavior. If they find something, it could either cause them to change the mortgage terms or deny the request outright. To avoid this, buyers should get full preapproval from their lender well before making an offer on a home but they should also avoid borrowing more money or opening new credit accounts until closing.

The Appraisal Is Too Low

Your mortgage lender requires an appraisal on the home to figure out its value. They then compare this appraisal with the listing price. If the appraisal comes back lower than the price of the home, you might have to negotiate with the seller to make up the difference. This can cause delays even if the buyer or seller can come to a quick agreement. The lender might require certain repairs to the property or a second appraisal done.

The Inspection Found Something Serious

Even if you take care of home inspections well in advance, there’s always the chance something will come up in a final walkthrough. You may also face a situation where the initial inspection found something serious, but the repairs are causing the delay. There are also some specific types of inspection (termite, mold or radon, to name a few) that lenders might require before granting final approval for the mortgage. Any delays in checking these boxes will push back your closing date.

There’s a Claim on the Title

You must acquire a title report as part of the escrow process. If the report shows anything negative on the title — either true or in error—the issues must be resolved before the sale can move forward. It’s common for homeowners to be completely unaware of title issues until they sell, which can cause delays and frustration. Getting a title insurance policy will help you in case there are any liens or claims to the property, but correcting the issue can still take time.

The Buyer Backs Out

Sometimes people simply change their minds. Unfortunately, this can mean a sudden cancellation of the entire transaction in the event a buyer walks away. A common part of real estate contracts is to have the buyer put down a deposit known as earnest money that shows their intent to follow through with the purchase. This gives the seller some extra monetary protection if the buyer leaves. However, it won’t make up for any lost time or effort.

Not every problem can be prevented but the more you know about potential issues before they arise, the better. Always go over contracts carefully and do things like appraisals and inspections as early as possible to prevent the more common.





Posted by Marianne Avila on 7/4/2021

Purchasing a home in a buyer's market may seem like a fast, simple process. However, it is important to realize that homebuyers constantly compete for the best residences in cities and towns nationwide. And if you're not careful, you risk missing out on an opportunity to acquire your dream house.

What does it take to secure a home in a buyer's market? Here are three tips to ensure that you can do just that.

1. Study the Housing Market Closely

A buyer's market features a large assortment of top-notch residences and a shortage of property buyers. As such, this market heavily favors homebuyers, and property buyers who examine the real estate market closely may be able to boost their chances of purchasing a terrific house at a budget-friendly price.

For homebuyers, it is essential to establish criteria for your dream residence. With homebuying criteria at your disposal, you can narrow your search for the ideal residence and accelerate the homebuying process.

Don't forget to check out homes in-person, either. If you set up a home showing or attend an open house, you'll be able to envision what it's like to own a home and determine whether a residence is right for you.

2. Get Pre-Approved for a Mortgage

What good is shopping for a house if you cannot afford to pay for it? Fortunately, you can get pre-approved for a mortgage to understand exactly how much you can spend on a new house.

To get pre-approved for a mortgage, you'll want to meet with several banks and credit unions. These lenders will be able to offer insights into a variety of mortgage options, respond to your mortgage concerns and questions and help you select a mortgage that suits you perfectly.

Pre-approval for a mortgage is vital for homebuyers, particularly in a buyer's market. If you have a mortgage in hand when you explore available homes, you may even be able to avoid the temptation to overspend on a residence.

3. Collaborate with a Real Estate Agent

When it comes to navigating a buyer's market, a real estate agent can deliver outstanding support.

A real estate agent can teach you about the intricacies of buying a home and help you streamline the homebuying process. He or she also will be available to respond to your homebuying questions, ensuring you can make informed decisions as the homebuying journey moves forward.

Perhaps best of all, a real estate agent can help you alleviate stress as you search for your dream home. This housing market professional will keep you up to date about new properties as they become available, set up home showings and negotiate with home sellers on your behalf. By doing so, a real estate agent enables you to focus on what's important – purchasing a first-rate house at a price that matches your budget.

Buying a home can be challenging, even in a buyer's market. But with the aforementioned tips, you can simplify the homebuying process and move closer to securing a house that meets or exceeds your expectations.




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Posted by Marianne Avila on 6/13/2021

If you want to buy your dream house, you'll likely need to submit a competitive offer from the get-go. That way, you can boost the likelihood of receiving a "Yes" from a home seller and proceed along the homebuying journey.

Putting together a competitive homebuying proposal can be simple. Now, let's take a look at three tips to help you prepare a competitive offer to acquire your ideal residence.

1. Look at Your Homebuying Budget

Entering the real estate market with a budget in hand generally is beneficial. This budget will enable you to narrow your house search to residences that fall within a certain price range. Plus, your budget can help you define exactly how much you can offer to acquire a residence.

When it comes to mapping out a homebuying budget, you should meet with several lenders. These financial experts can help you get pre-approved for a mortgage. And with a mortgage in hand, you'll know exactly how much you can spend on a house.

2. Review Housing Market Data

Housing market data can make or break a homebuying proposal. If you assess real estate market data closely, you can uncover a variety of patterns and trends. Then, you can use this information to craft a competitive offer that accounts for the present real estate market's conditions.

Of course, it helps to evaluate the age and condition of a house as well. Learning about all aspects of a house will help you determine whether to submit an offer at, above or below a seller's initial asking price for his or her residence.

The more information that you obtain about a residence and the current housing market's conditions, the better off you will be. Because if you take a data-driven approach to buying a residence, you can define a competitive offer for any home, in any housing market and at any time.

3. Consult with a Real Estate Agent

A real estate agent is a difference-maker, particularly for a homebuyer who is uncertain about what differentiates a competitive home offer from a "lowball" proposal. In fact, a real estate agent will go above and beyond the call of duty to ensure that you can acquire a great house at the lowest-possible price.

Typically, a real estate agent will provide you with a wealth of housing market insights. He or she also is happy to teach you about the real estate market and respond to any of your homebuying concerns or questions.

A real estate agent can offer recommendations about how much you should offer to pay for a house too. He or she will provide honest, unbiased homebuying suggestions to help guide you in the right direction throughout the homebuying cycle.

If you want to purchase your dream house as quickly as possible, there is no reason to delay any further. Take advantage of the aforementioned tips, and you can prepare a competitive offer to purchase your dream residence.




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