When it comes to buying a home, most people focus on credit scores and down payments. Those two things matter—but if you ask any experienced loan officer what really determines how much home you can afford, the answer is simple: income. Income is the engine behind your buying power. It determines how much a lender…
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If you’re on the hunt for a home in Sonoma County, you might have noticed listings aren’t flying off the shelves as quickly as they were—yet the pace is still brisk. In May 2025, homes typically went pending in about 37 days, about six days longer than last year. That extra time isn’t just a…
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Can’t Afford Sonoma? Why Lake County Might Be the Smartest First-Time Buyer Move in 2025 If you’ve been eyeing a home in Sonoma County but feel like the numbers just aren’t penciling out, you’re not alone. The truth is, while Sonoma County remains highly desirable, nearby Lake County might just be the hidden gem that…
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Buying a home in Sonoma County, with its breathtaking vineyards and charming communities, is a dream for many. However, with the average price of a home at $799,743, it’s essential to know how much income you need to qualify for a mortgage. Let’s break this down using a 6.5% interest rate and explore three common…
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Buying a home is a significant financial decision that requires careful planning and consideration of various financing options. Two common methods prospective homeowners might consider are borrowing from a 401(k) and utilizing down payment assistance programs. Each approach has its benefits and drawbacks, and understanding these can help you make an informed decision tailored to…
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Buying a home is one of the most significant financial decisions many will make in their lifetime. As home prices continue to rise, so too does the level of income needed to qualify for a mortgage. This is particularly true in places like Sonoma County, California, where the picturesque landscapes and high quality of life…
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