David Avne - Mortgage Loan Officer

01/13/2023

Want to know a little about Reverse Mortgages? Check out my video below.

11/29/2022

09/16/2022

If you are 62 and older and own a home in Nevada and California and want to understand how Reverse Mortgages work, let me send you a free Reverse Mortgage guide. You can click the "Send Message" button to let me know if you are interested.

06/15/2017

06/05/2017

Why An Easy Commute Should Be On Your Wish List

If you're thinking of buying a home and are spending all of your time dreaming of the type of kitchen you want or how big you'd like your master suite to be, there may be a thing or two to add to your wish list before you start your search. For example, have you considered the importance of having a short commute to work each day? Almost 11 million Americans drive an hour or more to work each way and the average commute has been getting longer over the past several years. So, if you're lucky enough to have never sat in traffic after a long day at the office and don't know just how draining it can be, here's something to think about: A recent survey found a short commute or proximity to public transportation ranked second among factors people used when determining where to live. That means, only an area's crime rate was deemed more important. In other words, having a long commute to-and-from work can negate some of the benefits of finding a great house. After all, what good is having the perfect kitchen, if you're always on the road instead of at home enjoying it?

05/30/2017

Renovations And The Cost Of Selling
It isn't just the home's buyer who has to settle up at the end of the closing process, sellers have costs too. In fact, according to one recent estimate, the average seller spends $15,000 before they hand over the keys to their home's new owner. A big part of that is closing costs, agent commission, and any repairs required following the home's inspection. But another chunk of that is renovations done before the sale. In fact, a large majority of homeowners fix up their homes before putting them on the market. Things like having the home painted, cleaned, and staged can add up for the 80 percent of homeowners who decide to spruce things up before showing their house. Nationally, the average cost of home improvements done before selling was $2,650, though that can vary greatly from region to region and is also dependent on the type of work that is done to get the house in shape. Of course, unlike buyers, home sellers have the sale of their home to help cover their costs but – assuming they're going to buy another home – these expenses will obviously have an effect on how much money they have left over to put toward their next house.

05/23/2017

HOUSING OUTLOOK SEES REASON FOR OPTIMISM!
Over the past few years, a pattern has emerged: The economy slows during the first quarter then begins to rev up during the second quarter. Now, according to Fannie Mae's Economic & Strategic Research Group, we may be on pace to see the same thing this year. But what will that mean for the housing market and hopeful home buyers and sellers? Well, according to Fannie Mae's chief economist, Doug Duncan, it means things will continue to move forward – although gradually. “Positive demographic factors should continue to reshape the housing market, as rising employment and incomes appear to be positively influencing millennial home-ownership rates,” Duncan says. “However, the tight supply of homes for sale continues to act as both a boon to home prices and an impediment to affordability.” In other words, as long as the economy continues to post gains, buyers should be able to manage higher home prices due to their improving financial situation. At the same time, current homeowners hoping to sell their homes this year, will benefit from the upward pressure currently pushing home prices higher. In other words, the market's outlook remains relatively unchanged from previous months. Low inventory is boosting home prices but the economy and job market have kept buyers in the hunt.

05/18/2017

05/11/2017

05/01/2017

Great Quote: "If millennials don't buy a home, their chances of actually having any wealth in this country are little to none. The average homeowner to this day is 38 times wealthier than a renter." —David Bach, author of "The Automatic Millionaire"