Financing

Experience

Gregory Bauer
Owner/Broker/REALTOR®
(DRE License #00786845)

31 years of full time experience in the Residential Real Estate Market. 16 years selling exclusive homes in the Westside of Los Angeles from Malibu to Beverley Hills. Greg has been selling selling homes in the Palm Springs area for 15 years.

John Gillette
REALTOR®/Sales Representative
(DRE License #01331286)

9+ years of full time experience in California Residential Real Estate sales, specializing in the luxury home market of the Coachella Valley.

It is common knowledge that a home is the most expensive purchase most people will make in their lifetimes. Like much common knowledge, it's not quite true.

The most expensive thing most people will purchase is the loan to buy the home.

Take a look at a home bought for $150,000 with a 30-year fixed mortgage at 7.5% and a 20% down payment. After 30-years, in addition to the loan amount of $130,000 you will pay over $197,000 in interest.

It pays to shop and not buy more loan than you need. It also pays to shop early to make sure your credit is clean and your FICO score is high.

One thing to remember when shopping for a loan, especially in a resort/vacation community, it really pays to use a local lender.