7 Dec 2017

How the Proposed Tax Reform Can Affect Your Real Estate

  On Thursday, November 9th, Republicans in the Senate Finance Committee released an outline of their version of the "Tax Cuts and Jobs Act". Just one week earlier, the Republicans' congressional House Ways and Means Committee released the original version. Both pose a threat to homeownership as we know it today. Here is a short summary of how both may affect your real estate.   Mortgage Interest Deduction The house bill will keep the mortgage

30 Nov 2017

Cannabis Cultivation and Santa Cruz Real Estate

  The passage of Prop 64 allows for the sale and taxation of commercial cannabis in the state of California. This development may have both negative and positive consequences for local Real Estate Markets. Commercial real estate owners in areas where cannabis cultivation and the sale of marijuana are legal may see a significant increase in real estate values and lease-rates. For example, in Denver, cannabis cultivation is only allowed in certain industrial zoned areas.

22 Nov 2017

Crowdfunding your Downpayment

Technology is making it possible to buy a home in novel ways.   Launched by CMG Financial, HomeFundMe is a crowdfunding website that allows family, friends, and others to contribute to your down-payment. One of the main advantages of using the site is that contributions are properly documented to ensure lenders accept the money as legitimate down-payment funds. According to the CEO of CMG Financial, the idea behind the project is not to fund the

20 Oct 2017

Buying A Mobile Home in Santa Cruz County

Have you ever considered buying a manufactured or mobile home in Santa Cruz County? This blog post covers important topics on manufactured and mobile home ownership, including financing and the appreciation-potential of your asset. First, a small but important detail is the differences between mobile and manufactured homes. Most people use the two terms interchangeably, but it turns out there is a difference. In 1976, stricter standards were put in place for the construction of mobile homes and

15 Sep 2017

Santa Cruz County Schools (K-12)

Click on the photo to see a larger map.   Whether you are a parent or future parent looking to buy a home in Santa Cruz or an investor searching for an investment property, its important to understand the quality of schools in the area you intend to buy. In this article, I will summarize important information about public and private education in Santa Cruz as well as resources that you can use to analyze

23 Aug 2017

Your Credit Score Just Increased by 20 points (Maybe)

Great news! Home buying just got a lot easier. A combination of two major changes in credit reporting and lending criteria could help tens of millions more individuals and families to qualify for a home loan.   In 2012, the Federal Trade Commission determined that at least 20% of those surveyed had at least one error in their credit reports from one of the three major credit reporting agencies, Equifax, TransUnion and Experian, which had negatively affected their credit

2 Aug 2017

Owning a Vacation Rental in Santa Cruz County

Have you ever considered Vacation Rentals? Are you considering purchasing a second home, or currently own one? Do you have an extra room or portion of your house or duplex available? Santa Cruz County, with all of its many splendors ranging from gorgeous coastlines and legendary surf spots, to majestically scenic redwood drives and hikes, to iconic landmarks and family-friendly entertainment, provides a great opportunity to venture into the proposition of gaining extra income from

21 Jun 2017

When Will Prices Go Down?

As we talk to clients, we are hearing a similar question time and time again: When Will Prices Go Down? Measures of housing affordability in Santa Cruz suggest that rising income levels in neighboring communities are pushing up housing prices. Santa Cruz residents are finding it challenging to afford homes and younger generations are leaving in search for lower-priced housing. To maintain a healthy, diverse, and vibrant community it's vital that local economic growth keeps

9 Mar 2017

Changing Energy Codes to Increase Energy Savings

Did you know that new 2016 Residential Building Energy Efficiency Standards (Energy Standards) are now being enforced and California is expecting to see 28% more energy savings in regulated loads* than those built under the 2013 Energy Standards? *an electrical load is an electrical component or portion of a circuit that consumes electric power Having energy efficient buildings: Reduces energy costs. Increases reliability and availability of electricity. Improves building occupant comfort and reduces impact to the environment. Energy efficiency requires

28 Feb 2017

Changing ADU Laws in Santa Cruz

In response to our state's housing shortage, Governor Brown has signed Senate Bill (SB) 1069, which will make it easier, and for some, less expensive to develop Additional Dwelling Unit's (ADU's). SB 1069 will require local governing bodies to loosen ADU regulation. Both Santa Cruz County and City have amended their ADU related ordinances. We report on major ordinance changes that the city has publicized. We also summarize County ordinance changes, which are still contingent on Coastal Commission

19 Jan 2017

Using Online Tools to Make Informed and Profitable Home Buying Decisions

In our newsletters, we have provided an array of useful online tools for you, the buyer, to help you to make more informed, precise and profitable decisions than ever before without leaving the comfort of your home. In this post, we have created a narrative, accompanied by these online tools, to support you in the path to homeownership. We will help you: Secure a mortgage. Find down-payment assistance programs if necessary. Make wise choices about the cost of

30 Dec 2016

Housing Affordability Issues In California and Your Options

The truth is, homeownership is challenging for many right now because of high prices, high rents, and low supply. However, the state and local governments are working to remove barriers to development, improving the supply shortage in our state. Additionally, there are loan programs that are helping to break down walls to homeownership for new homeowners.

14 Dec 2016

2017 Santa Cruz Real Estate Market Predictions

It’s amazing that we are at the end of another year. Here at Schneider Estates we have much to be grateful for. Most of all, we are so grateful for you. You allow us to do what we love everyday. From helping younger couples find their first homes to ensuring seasoned investors find good deals and everything inbetween, we are honored to get to work with you and help you to make wise, informed real estate

9 Sep 2016

Rising Sea Levels – Local Consequences

With man-made climate change being widely accepted by the scientific community, the question is no longer "if" but "when" our communities will be affected by these large-scale changes in the environment. The Pacific Institute has recently released an interactive map that projects to 2100 and identifies at-risk areas in the event of a major flood or from erosion, with both scenarios dependent on a ~4.6 ft sea-level rise. Read more about the study conducted here and see the actual

16 Aug 2016

Zero Energy (Net-Zero) Homes

In simplest terms, a zero net energy home is a building that produces as much energy as it consumes over the course of the year. With Federal and Statewide initiatives in place, it is very likely that more energy efficient and net-zero homes will become a new norm in the near future.   Since 2008, the U.S. Department of Energy’s (DOE) has coined the term “Zero Energy Ready Home” which is identified as a home

27 Jun 2016

What is going on in the California Real Estate Market?

Interest Rates Fed rate hikes can increase borrowing costs. The FED has been waiting for the job market to improve to increase rates. Lower-than expected job growth led to a delay in a rate increase in June, however once job growth improves, it is likely that rate increases will follow. Mortgage rates are largely influenced by global capital flows. With large inflows of foreign capital, mortgage rates have been low because there is an inverse

estate video marketing12 May 2015

Estate Video Marketing

Increased Marketing exposure increase estate exposure to more realtors and potential buyers. When we decided to create a home video showcasing our premium beach front property, 76 Puffin Lane, we knew we'd enjoy an increase in exposure, but what we've experienced has more than met our expectations. With our video, we've experienced: Thousands of viewsDozens of phone inquiriesa 30% increase in online activityA powerful marketing tool With our team in place, we're ready to create

8 Dec 2014

Vastu

Sacred Places Real Estate and Schneider Estates incorporate VASTU Wisdom: The house is a temple of living for human being. The space enclosed in a building is Prasada Purushan -- energized building -- Building is a living organism, built of musical units of measure. Our buildings are alive. They are sacred. Is having your home and life become more sacred something you want to learn more about? Connect with us for conscious real estate