Here is your weekly McNally and Associates Bay Area round up!
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What is the ONE thing that could kill your next Real Estate deal?
Co-signing on someone else’s debt could mean your home buying plans will be out on hold. This can be considered the “invisible burden.” Little did you know, co-signing makes you legally responsible for that debt. When you apply for a mortgage, lenders assess your debt-to-income ratio, including the co-signed obligation, potentially tipping the scales against your favor.
In October 2022, my market update included notes on OPEC's decision to cut production by 2M barrels a day. At the time, the US is extended the use of the Strategic Petroleum Reserve for another month to help keep oil prices low. The Strategic Petroleum Reserve (SPR) was established to "protect the economy and strengthen national security during major oil supply disruptions." In 2022, more than 220M barrels were withdrawn from the reserve.
As Summer is quickly approaching I know I have been dragging my feet around Summer Camps...While doing my own research I put together a list of all the Camps that still have availability throughout the Bay Area. Here's a list we have compiled with links for more info!
Do you know anyone who is looking to buy or sell this year?
There has never been a better opportunity for investors and we have a lofty goal to help over 100 families in 2023! If you have any family, friends or colleagues that might be in the market, we'd love an introduction so we can help them!
We are a boutique residential real estate team helping clients achieve their real estate goals in the Bay Area. We are a group of women who specialize in different markets across the Bay Area, while following a custom process that allows us to help buyers and sellers achieve their real estate goals efficiently. Our team is top 1% of all realtors in San Mateo County and San Francisco with a total of $340M+ lifetime sales. We take pride in knowing that our clients become friends and refer us to their friends and family members because we work to make dreams become a reality. Once our clients speak to us for an initial call, they understand why we are different and why they want to work with us. We are your personal real estate concierge in one of the most dynamic real estate markets in the world.
Olivia McNally
Real Estate Specialist |The Peninsula & S.F. Bay Area
McNally & Associates/EXP
650.576.6666
DRE# 01972985
EXP DRE: #01878277
DREAM+HOME
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