Home-Buyers Guide: Savings and Down Payments

Your First Step Toward Buying a Home

When preparing to buy a home, the first thing many homebuyers do is look at the real estate ads in newspapers, magazines and listings on the Internet. Some potential buyers read how-to articles like this one. The next thing you should do – before you call on an ad, before you talk to a REALTOR®, before you shop for interest rates – is look at your savings.

Why?

Because determining how much money you have available for down payment and closing costs affects almost every aspect of buying a home – including how you write your purchase offer, the loan programs you qualify for, and shopping for interest rates.

Mortgage Programs

If you only have enough available for a minimum down payment, your choices of loan program will be limited to only a few types of mortgages. If someone is giving you a gift for all or part of the down payment, your options are also limited. If you have enough for the down payment, but need the lender or seller to cover all or part of your closing costs, this further limits your options. If you borrow all or a portion of the down payment from your 401K or retirement plan, different loan programs have different rules on how you qualify.

Of course, if you have enough for a large down payment, then you have lots of choices.

Your loan choices include such varied programs as conventional fixed rate loans, adjustable rate mortgages, buydowns, VA, FHA, graduated payment mortgages and all the varieties of each.

Shopping for Rates

A very important reason you need to have at least some idea of your down payment is for shopping for interest rates. Some loan programs charge a slightly higher interest rate for minimal down payments. Plus, the interest rates for different loan programs are not the same. For example, conventional, VA, and FHA all offer fixed rate loans. However, the rates vary from one program to another.

If you shop lenders by phone, the loan officer will be able to tell you which programs fit and quote your rates accordingly. However, if you are shopping on the Internet, you have to develop some idea of your loan program on your own.

Writing Your Offer

Another reason you need to have a clue about your down payment is because it affects how you write your offer to purchase a home. Not only are you required to put your down payment information in the offer, but also different loan programs have different rules that also affect how you write your offer. This is especially important when dealing with FHA and VA loans.

If you are asking the seller to pay all or part of your closing costs, you have to be certain your loan program allows what you are asking. For smaller down payments, lenders allow the seller to pay less closing costs than for larger down payments. Some loan programs will allow a seller to pay certain types of costs, but not others.

Finally, your down payment also affects your ability to qualify for a loan. When you make a small down payment, lenders are fairly strict about having you conform to their underwriting guidelines. For larger down payments, they will tend to make allowances or exceptions to the rules.

Conclusion

As you can see, the down payment affects every choice you make when you buy a home. Although you should look at ads, familiarize yourself with neighborhoods, learn about prices, and read as much as you can – when you get ready to take action – the first thing you should do is figure out how much money you have available for the purchase.

Restaurant of the Moment: Grand Ole BBQ Y Asado

3302 32nd St

San Diego, CA 92104

www.grandolebbq.com

Grand Ole BBQ Y Asado has established itself as one of the most authentic barbecue spots in town.  This Texas style BBQ has all of San Diego raving! They are open from Wednesdays through Sunday from 12-6pm with a menu of Central Texas-inspired barbecue that ranges from Brisket to Tri-tip to Smoked Turkey to Pulled Pork and giant Beef Ribs. They also have Smoked Salmon and Smoked Lamb for those looking for something a little different.

Grand Ole BBQ Y Asado often sells out early so make sure to check their Facebook and Twitter for updates! And be sure to note they have only outdoor seating so dress for the weather!

Design Trends: Cow Hide Rugs

Looking for an unexpected and chic way to update your home? Try a cowhide rug! Not just for ranch house, cow hide rugs can provide a glam accent to a living room, office, bedroom, and more! They come in a variety of colors, so you’re sure to find something that will mesh with the design you already have. Check out these ideas for inspiration!

All images via our Pinterest

Recipe: Sausage and Spinach Skillet Pizza

Ingredients

For the Cupcakes:

• 1 15 – ounce can tomato sauce
  
• 2 tablespoons tomato paste
  
• 3 tablespoons grated Parmesan cheese
  
• 3/4 teaspoon dried oregano, crushed
  
• 1/2 teaspoon dried basil, crushed
  
• 1/8 teaspoon crushed red pepper
  
• 1 5 – 6 – ounce package baby spinach
  
• 1 pound frozen pizza or bread dough, thawed
  
• Olive oil
  
• 8 ounces bulk Italian sausage, cooked and drained
  
• 6 -8 ounces mozzarella cheese, shredded (1 1/2 to 2 cups)

Directions

1. In a small bowl whisk together the tomato sauce, tomato paste, 2 tablespoons Parmesan, the oregano, basil and crushed red pepper. Set aside.
2. Place spinach in a large microwave-safe bowl and sprinkle with 2 teaspoons water. Cover with a microwave-safe plate and microwave on 100% power (high) for 30 seconds. Continue cooking in 10 second intervals until just wilted. Remove and let stand for 2 minutes. Carefully remove plate. Transfer spinach to a sieve; press out excess liquid.
3. Brush a 12-inch cast-iron or other heavy oven-going skillet with olive oil; set aside. On a lightly floured surface roll dough to a 14-inch circle. Transfer to prepared skillet. Roll edges to form a rim. Brush dough lightly with olive oil. Spread tomato sauce mixture over dough and top with sausage and spinach. Top with mozzarella and sprinkle with remaining Parmesan.
4. Place skillet over medium-high heat for 3 minutes. Transfer to a 475 degrees F oven and bake for 15 to 20 minutes or until cheese and crust are lightly browned. Let stand 5 minutes. Using a spatula, slide pizza out of skillet to a large cutting board and cut into wedges.

Nutrition Facts:

Servings Per Recipe: 6,

Monounsaturated fat (g) 9, Pyridoxine (Vit. B6) (mg) 0, Polyunsaturated fat (g) 2, Folate (µg) 58, Riboflavin (mg) 0, sat. fat (g) 9, Niacin (mg) 2, carb. (g) 40, Thiamin (mg) 0, chol. (mg) 53, cal. (kcal) 449, iron (mg) 14, vit. A (IU) 2094, Fat, total (g) 23, vit. C (mg) 13, sugar (g) 5, Potassium (mg) 378, pro. (g) 19, calcium (mg) 215, Cobalamin (Vit. B12) (µg) 1, Trans fatty acid (g) 0, sodium (mg) 1237, fiber (g) 3

 

The Functions of an Escrow

Buying or selling a home (or other piece of real property) usually involves the transfer of large sums of money. It is imperative that the transfer of these funds and related documents from one party to another be handled in a neutral, secure and knowledgeable manner. For the protection of buyer, seller and lender, the escrow process was developed.

As a buyer or seller, you want to be certain all conditions of sale have been met before property and money change hands. The technical definition of an escrow is a transaction where one party engaged in the sale, transfer or lease of real or personal property with another person delivers a written instrument, money or other items of value to a neutral third person, called an escrow agent or escrow holder. This third person holds the money or items for disbursement upon the happening of a specified event or the performance of a specified condition.

Simply stated, the escrow holder impartially carries out the written instructions given by the principals. This includes receiving funds and documents necessary to comply with those instructions, completing or obtaining required forms and handling final delivery of all items to the proper parties upon the successful completion of the escrow.

The escrow must be provided with the necessary information to close the transaction. This may include loan documents, tax statements, fire and other insurance policies, title insurance policies, terms of sale and any seller-assisted financing, and requests for payment for various services to be paid out of escrow funds.

If the transaction is dependent on arranging new financing, it is the buyer’s or the buyer’s agent’s responsibility to make the necessary arrangements. Documentation of the new loan agreement must be in the hands of the escrow holder before the transfer of property can take place. A real estate agent can help identify appropriate lending institutions.

When all the instructions in the escrow have been carried out, the closing can take place. At this time, all outstanding funds are collected and fees- such as title insurance premiums, real estate commissions, termite inspection charges- are paid. Title to the property is then transferred under the terms of the escrow instructions and appropriate title insurance is issued.

Payment of funds at the close of escrow should be in the form acceptable to the escrow, since out-of-town and personal checks can cause days of delay in processing the transaction.

The following items represent a typical list of what an escrow holder does and does not do:

THE ESCROW HOLDER:

• serves as the neutral “stakeholder” and the communications link to all parties in the transaction;
• prepares escrow instructions;
• requests a preliminary title search to determine the present condition of title to the property;
• requests a beneficiary’s statement if debt or obligation is to be taken over by the buyer;
• complies with lender’s requirements, specified in the escrow agreement;
• receives purchase funds from the buyer;
• prepares or secures the deed or other documents related to escrow;
• prorates taxes, interest, insurance and rents according to instructions;
• secures releases of all contingencies or other conditions as imposed on any particular escrow;
• records deeds and any other documents as instructed;
• requests issuance of the title insurance policy;
• closes escrow when all the instructions of buyer and seller have been carried out;
• disburses funds as authorized by instructions, including charges for title insurance, recording fees, real estate commissions and loan payoffs;
• prepares final statements for the parties accounting for the disposition of all funds deposited in escrow (these are useful in the preparation of tax returns).

THE ESCROW HOLDER DOES NOT:

• offer legal advice;
• negotiate the transaction;
• offer investment advice.

Your local title company should be happy to provide additional information.

Article by CLTA

Pinteresting 5: Autumn Inspired Front Porches

Embrace the fall season and everything it has to offer! Turn your home into an pumpkin spice latte this season with these cool front porch ideas! There are a bunch of creative and unique fall-themed decorations and  designs to choose from. Using many classic, fall adornments ranging from pumpkins to haystacks, your front porch can be transformed into an autumn wonderland. Check out some of these amazing fall inspired front porches!

All images via our Pinterest

 

 

 

 

Design Trends: Marble/Stone Floors

Marble and stone floors are among the most luxurious of flooring materials. Often found in bathrooms, they can make a statement elsewhere in the home, in kitchens, hallways, entry ways, staircases, and more. It can even be mixed with hardwood flooring to create a spectacular effect. Marble and stone floors are also among some of the most expensive choices for flooring, depending on quality.

All images via Pinterest

Recipe: Red Velvet Vampire Cupcakes

Ingredients

For the Cupcakes:

• 1 3/4 cups cake flour (see Cook’s Note)
• 1 cup granulated sugar
• 1/4 cup Dutch process cocoa powder

•  3/4 teaspoon baking soda

•  1/2 teaspoon fine salt

•  1/2 cup buttermilk

•  1/2 cup vegetable oil

•  1/2 cup sour cream

•  1 tablespoon red food coloring, plus a drop for the filling

•  2 teaspoons cider vinegar

•  1 teaspoon pure vanilla extract

•  1 large egg, at room temperature

•  One 3-ounce semisweet chocolate bar

•  1 teaspoon coconut oil

•  1 cup raspberry jam

For the Frosting:

• One 8-ounce package cream cheese, at room temperature
• 6 tablespoons unsalted butter, cubed, at room temperature
• 1 cup confectioners’ sugar
• 1/2 teaspoon pure vanilla extract

Directions

1. For the cupcakes: Preheat the oven to 350 degrees F. Line a 12-cup muffin tin with paper liners.
2. Sift the flour, granulated sugar, cocoa, baking soda and salt into a large bowl. Whisk together the buttermilk, oil, sour cream, food coloring, vinegar, vanilla and egg in another large bowl.
3. Add the buttermilk mixture to the flour mixture and stir until just incorporated. Divide the batter among the cupcake liners. Bake until a toothpick inserted in the center of a cupcake comes out with a few moist crumbs, 16 to 18 minutes. Remove the cupcakes from the tin and cool completely on a wire rack.
4. Microwave the chocolate and coconut oil together in a small microwave-safe bowl until mostly melted, about 1 minute. Stir, then microwave again until completely smooth, about 15 seconds more.
5. Use a small sharp knife to cut out and remove a plug from the middle of each cupcake, making sure not to go all the way to the bottom and leaving a 1/4-inch border around the side (eat the plugs). Brush the holes with the melted chocolate and place in the freezer until the chocolate hardens, about 15 minutes.
6. Whisk together the jam, 1 drop of red food coloring and 1 tablespoon water in a small bowl until completely smooth. Spoon 1 tablespoon of the jam into each of the chocolate holes; set aside.
7. For the cream cheese frosting: Meanwhile, beat the cream cheese in a large bowl with an electric mixer on medium speed until smooth and fluffy, about 2 minutes. Gradually beat in the butter until smooth. Add the confectioners’ sugar and vanilla and beat until light and fluffy, about 1 minute. Scrape into a pastry bag fitted with a large round tip. Pipe on top of the cupcakes so the jam is covered.
8. Poke 2 holes into the frosting on each cupcake using the end of a plastic straw to resemble vampire bites, making sure you hit the cupcake and not the jam-filled hole. Drizzle the remaining jam into the holes to resemble blood.

 

Just Sold: September 2018

Thank you for all your support, here are some of the houses Coastal Premier Properties has helped clients buy or sell throughout the county last month. If we can help you or someone you know with making a move, please contact us!

                                                                                                                                                                 

1241 Umatilla St

(Del Mar)

SOLD

*Represented Buyer

Sold for $2,320,000

Fabulous Olde Del Mar home on a quiet street with easy access to the village, restaurants, shops and beaches. GREAT OCEAN VIEWS from living and dining rooms as well as kitchen, master bedroom and large wrap around deck, which are all on the upper level. Two other bedrooms, bath and family room are on the lower level creating separate yet accessible space for children or guests. Home has excellent bones but is in original condition. Can easily live in while updating. Large laundry room and lots of storage.

                                                                                                                                                                 

14735 Las Quintas

(Rancho Santa Fe)

SOLD

*Represented Buyer

Masterfully remodeled, while maintaining a traditional Hacienda feel, this single-level home designed by Alex Friehauf exudes warmth and timeless sophistication. Serenely private, and perfectly sited on 1.75 acres in the gated community of Rancho Diegueno Estates, this understated family compound includes a 5 bedroom main house, detached casita, and ample outdoor entertaining space with swimming pool.

Sold for $2,250,000.

                                                                                                                                                                 

6982 Corte Langosta

(La Costa)

SOLD

*Represented Seller

STUNNING home, meticulously maintained with luxurious features and upgrades throughout. Located on a quiet culdesac street in the highly sought after La Costa Ridge, elegance meets function with features such as gourmet kitchen, breakfast room, family room w/ dual sided fireplace & sitting room, living room, dining room, downstairs bedroom w/ full bath, huge master suite upstairs w/ balcony and OCEAN VIEWS, 3 additional upstairs bedrooms w/on suite baths and expansive, lush resort style backyard & more!

Sold for $1,675,000.

                                                                                                                                                                 

4635 Caminito San Sebastian

(Del Mar)

SOLD

*Represented Buyer

 Words cannot describe this exquisite gated Fairbanks Polo Club home – it will exceed your every expectation. Styled to perfection inside and out, naturally sunlit, and completely upgraded, move in ready! Bask in Del Mar’s idyllic year-round weather on the private patio with pristine landscape, outdoor dining area, built in BBQ, and intimate seating for effortless entertaining. You can’t beat this location at this price!

Sold for $1,595,000.

                                                                                                                                                                 

16262 Paragon Mesa Rd

(Poway)

SOLD

*Represented Buyer

This exclusive hillside estate is located on over 9 acres with stunning panoramic views of mountains stretching all the way to the ocean. Designer touches and upgrades inside and out. Gourmet Kitchen features modern Viking appliances, granite counters, breakfast bar & custom cabinets. Bright, spacious Master Suite boasts huge soaking tub, separate shower, dual vanities & convenient entrance to outdoor fireplace. Resort like yard with pool, spa. See supplement for details.

Sold for $1,395,000.

                                                                                                                                                                 

66 East F Street 18

(Encinitas)

SOLD

*Represented Buyer

Prime Ocean View Lot. Located in the Heart of Downtown Encinitas with an amazing opportunity for any Owner/Builder. Close to World Class Beaches and Surf Spots, Restaurants, Shops, Schools, Library, Parks, Trains, Yoga, and Freeways. Don’t miss another Sunset and get your Dream Home or Investment started today.

Sold for $1,050,000.

                                                                                                                                                                 

412 Santa Marina Ct

 

(Escondido)

SOLD

*Represented Seller

Seller will entertain offers between $1.095-$1.195. Beautiful remodeled move in condition view home on 1/2 acre park like setting w/pool & spa! Wow! Open concept taken down to the studs 2016, split level includes dutch door entry, cathedral white planked ceilings, 3 spacious upstrs bedrms, gorgeous kitchen w/slab Carrara marble,farmhouse sink, S/S Thermador appl, SubZero frig! Warm hickory flooring, 3 sets French drs, 2 fireplaces, neutral wool carpets, pool/spa, basketball 1/2 court plus views! Low HOAs

Sold for $1,200,000.

                                                                                                                                                                 

17317 Eagle Canyon Way

(Rancho Bernardo)

SOLD

*Represented Buyer/Seller

Perfect 4S Ranch family home! Open floor plan with ample natural light, amazing backyard perfect for entertaining and children, and huge Master Retreat with upgrades in the master bath! Convenient location and quiet, family friendly neighborhood!

Sold for $1,115,000.

                                                                                                                                                                 

15843 Babcock St

(Rancho Bernardo)

SOLD

*Represented Seller

Move in ready 3 bed, 3 bath home located in the highly-sought after Del Sur community! Wide-open floor plan with modern upgrades throughout! Designer wooden flooring and beautiful oversized Great Room with access to a manicured patio! White quartz countertops, swiss coffee cabinetry, stainless steel appliances, white crystal tile backsplash, and an oversized center prep island! Private and spacious Master Retreat! Access to 14 parks, 11 pools, and award winning Poway Unified Schools!

Sold for $865,000.

                                                                                                                                                                 

3301 Rancho Famosa

(Carlsbad)

SOLD

*Represented Seller

Panoramic VIEWS!!! Stunning Solar Powered home in the sought after community of Rancho Carrillo. Open floorplan boasts new flooring & paint throughout, Gourmet Kitchen w/center island, brand new stainless appliances, walk in pantry & picture views from every room. Large master suite w/ walk-in closet, dual vanities, soaking tub & balcony w/sweeping views. Private backyard w/ custom stone, mature landscape, covered patio & more views! Community Club House/Pool & walking distance to Carrillo Elementary.

Sold for $1,065,000.

                                                                                                                                                                 

1110 Via Vera Cruz

(San Marcos)

SOLD

*Represented Seller

Stunning Single Story home located in the highly sought after gated community of Stone Canyon, This Ranch style home is loaded w/ unique features. Kitchen boastscrisp white cabinetry, granite counters, stainless appls, & opens to family room w/ fireplace. Spacious Master Suite w/ walk-in closet, & views of the private backyard w/ spa, custom BBQ island with grill, fireplace, & lush landscaping. New paint & flooring throughout.

Sold for $779,000.

                                                                                                                                                                 

2123 DELAND CT

(Alpine)

SOLD

*Represented Seller

Reduced price creates wonderful opportunity! Located in a quiet cul de sac, this custom built home features a spectacular “Resort Style” back yard complete with pool/spa, custom waterfall, built in BBQ, fire pit, two palapas, and dozens of palm trees, all overlooking the rest of the usable 1+ acre lot! Great for entertaining! Hardwood floors downstairs, upgraded kitchen, master suite w/ fireplace, walk-in closet, upgraded bathroom and balcony. Flat, usable lot includes a separate garage/workshop.

Sold for $769,000.

                                                                                                                                                                 

11552 Caminito Corriente

(Rancho Bernardo)

SOLD

*Represented Buyer

Move in ready RB Home! Beautiful views of Bernardo Heights Golf Course and serene private patio with built in BBQ feature! Open and bright floor plan gives this home a wonderful warm and modern feel. Spacious Great Room with gas burning fireplace and sliding glass doors to patio! Large dining room with skylight provides plenty of natural light! New hardwood floors throughout! Quiet street and gated community! Wonderful amenities for residents such as pool/spa, tennis courts, clubhouse and exercise room!

Sold for $753,000.

                                                                                                                                                                 

11939 Calle Suntuoso

(Rancho Bernardo)

SOLD

*Represented Buyer

Single story in desirable Bernardo Heights! Vaulted ceilings, newly remodeled bathroom & gleaming hardwood floors, spacious living and dining leads to backyard for outdoor entertaining. HOA includes access to Bernardo Heights Community Center and Lucido Park which feature 2 pools, spa, 8 tennis courts, basketball courts, pool & ping-pong tables, BBQ’s, children’s play area, fitness center with locker room and much more! 3rd bedroom has been converted to an office.

Sold for $755,000.

                                                                                                                                                                 

13287 Kibbings Rd

(Carmel Valley)

SOLD

*Represented Seller

2 beds, 2.5 baths and full of new upgrades! Spacious kitchen with white cabinetry and granite countertops! Lovely living room and dining area has beautiful gas burning fireplace, California shutters throughout, and sliding glass door that leads onto the private patio! Bright and open Master Retreat with amazing upgraded master bath! 2 car garage, pool/spa for residents and minutes to the beach!

Sold for $737,500.

                                                                                                                                                                 

8643 Via Mallorca D

(La Jolla)

SOLD

*Represented Buyer

Upgraded middle floor unit, QUIET location with sw views. Beautiful manufactured wood floors in living spaces.”La Jolla Gardens” is peaceful property with lush landscaping, pool & workout room. Two separate garages are a plus and a very rare find. No interior steps. Location offers lots of light. Master bath tastefully upgraded. Master closet is very large and has professionally installed closet organizers. Second bedroom also has oversized walk in closet.

Sold for $715,000.

                                                                                                                                                                 

15476 Caldas De Reyes

(Rancho Bernardo)

SOLD

*Represented Seller

Desirable single story detached home in Bernardo Heights neighborhood with 2 bedrooms plus a large master retreat which could be an attached separate casita bedroom or office. Charming updated kitchen w Corian counters, breakfast nook with french doors. Bright and open floor plan with skylights, cozy fireplace in living room. New carpet and laminate flooring throughout. Fresh neutral paint & newer HVAC and water heater. HOA fee includes Bernardo Heights Comm Club w/pool, tennis, gym. Award winning PUSD.

Sold for $710,000.

                                                                                                                                                                 

13879 Paseo Cardiel

(Rancho Penasquitos)

SOLD

*Represented Seller

Tremendous potential in this popular floor plan. This home boasts oversize, 7000+ sq. ft. lot, w/sparkling pool & large usable yard backing to open easement, no homes behind. Great for family fun or entertaining friends. Central AC, solar, family room w/fireplace. Master BR walk in closet. Secondary BR freshly painted. Extra storage shelves in garage. Award winning Poway school district & just blocks from Mt. Carmel High. Conveniently located to YMCA, post office, library, shopping, restaurants, & more!

Sold for $707,500.

                                                                                                                                                                 

10648 Village Haven Trail 99

(Carmel Valley)

SOLD

*Represented Buyer

Seller ‘ll entertain offers between $695,000-$709,000. Residence 1-2 master bedrooms, 2.5 bath, 1274 sq.ft. w/large 2 car garage & front patio. Spacious kitchen with granite countertop and plenty of cabinets. Rich dark brown engineering hardwood floor perfectly matched kitchen cabinets. SS appliances. Large Master suite with gorgeous bathroom. Upgraded lighting system. Window Shutters & more. Washer/Dryer & Fridge stays. This is definitely opportunity for luxurious living.

Sold for $685,000.

                                                                                                                                                                 

614 Chesterfield Cir

(San Marcos)

SOLD

*Represented Seller

Stunning updated single story home w/ breathtaking golf course & hillside views. Located on the 16th hole of Twin Oaks Golf Course this highly upgraded home features kitchen w/stainless appls, granite counters, white cabinetry, crown molding, & volume ceilings w/picturesque views from every window! Expansive master suite w/access to lush backyard w/mature landscape, garden, patio, grass area & views! 3 additional bedrooms, 2 car garage, laundry room & more! Community pool, parks, & low HOA. Close to all!

Sold for $699,000.

                                                                                                                                                                 

3823 Pinnacle Pl

(South Escondido)

SOLD

*Represented Buyer

Views of rolling hills with stunning sunsets await you in this Sonata home. On a quiet cul-de-sac, this 3 bedroom 2.5 bathroom home provides the relaxing environment with the convenient location close to shopping, restaurants and freeway access. Spacious 2 story home has the main living on the entry level and the bedrooms located on the lower floor. The master bedroom and second bedroom have direct access to the large patio and views. Wrap around upper deck and open floor plan. Solar panels just installed

Sold for $681,000.

                                                                                                                                                                 

11559 POLARIS DR.

(Mira Mesa)

SOLD

*Represented Buyer

TLC Needed. Invest some “sweat equity” into this home and make it uniquely yours! New exterior paint, newer roof, good “bones”! Single level – NO STAIRS! Entry leads to large living room and dining area. Kitchen opens to a covered patio and large, fenced yard with canyon/mountain views. Laundry room with direct access to the 2-car garage. Shopping/Dining and freeway close. There are endless possibilities to put your personal style into this home!

Sold for $617,000.

                                                                                                                                                                 

1713 Larkhaven Glen

(North Escondido)

SOLD

*Represented Buyer

Absolutely perfect & beautifully designed single-level home in an especially quiet & established neighborhood! This home includes a showstopping & fully renovated kitchen that opens to the living & dining rooms, upgraded bathrooms, all new flooring (including gorgeous wood floors in the main living areas!), new pebble paving around the exterior of the home, & newer windows. One of the most private spots in the community with a backyard view of trees & gorgeous vegetation. See supplemental remarks.

Sold for $589,000.

                                                                                                                                                                 

15913 Avenida Villaha 42

(Rancho Bernardo)

SOLD

*Represented Seller

Fall in love (at first sight) with this Beautiful Home! This is the one you had been waiting for. Exceptional floor plan! Abundant natural light flows throughout the home’s open, airy layout. Totally upgraded kitchen will inspire your inner chef with its granite counter top, tile backsplash & S/S appliances. This home is totally remodeled with all upgraded bathrooms,wood flooring. Inside laundry and the list goes on…

Sold for $567,000.

                                                                                                                                                                 

11518 Alps Way

(Escondido)

SOLD

*Represented Buyer/Seller

Sold for $550,000.

                                                                                                                                                                 

1042 Oak Dr

(Vista)

SOLD

*Represented Buyer

The home is lifted up above the rooftops & back off the street offering an exclusive, picture-window view from every wrap-around, south-facing room *Enjoy the sunsets from your secret pergola *Medallion Homes are a rare slice of San Diego, and mid-century, history – built for energy efficiency. *Updated kitchen, bathroom *Original wood floors & Art-Deco style details frame the era, perfectly

Sold for $507,500.

                                                                                                                                                                 

848 Daybreak Pl

(Vista)

SOLD

*Represented Seller

Great floor-plan in the desirable gated community of Vista Cupertino. Vaulted ceilings give off awesome light and bright feel. Gourmet kitchen with stainless steel appliances. Open floor plan from kitchen to large living room with custom paint. Large master suite with dbl sinks and oversized closet. Back yard is low maintenance with synthetic grass and custom built-in firepit. Big 2 car garage with storage and laundry nook. Convenient location in complex with green space close to home. HAS A/C!!!!

Sold for $455,000.

                                                                                                                                                                 

1521 Victory Lane 4

(Chula Vista)

SOLD

*Represented Buyer

Welcome to this newly built townhouse. Unit is located in a premium location at the end of the building, only sharing one wall in common with the neighbor which offers more windows & natural light. Get comfortable in the spacious living area with an open family room & dining area. The kitchen features upgraded granite countertops & stainless steel appliances that transfer with the sale.This townhouse has an attached 2 car garage with a storage cave. Amenities include a pool, spa, clubhouse, picnic tables

Sold for $405,000.

                                                                                                                                                                 

1488 Gustavo St B

(El Cajon)

SOLD

*Represented Seller

This is a must see unit! Highly upgraded and 1st floor level! Spacious living room with fireplace, remodeled kitchen, and 2 large bedrooms! Private covered patio space with shared grassy area. This unit has it’s own assigned parking space right in front of the unit and also a detached 1 car garage! Enjoy complex amenities like pool and spa! Just minutes from everything such as shopping, gyms, grocery stores, public schools, and freeways!

Sold for $360,000.

                                                                                                                                                                 

1866 MANZANA Way

(Paradise Hills)

SOLD

*Represented Buyer

A Wallet Winner -Same Sqft Sold $414K this one $355,000! Seller Motivated! To See equals Wanting. Wow almost 1300 sqft. Enjoy est. 20×9 BED & BATH Downstairs, upstairs BED & BATH w/Walk-in Closet. ALSO est. 23×8 BONUS RM for Storage, Retreat or … Fantastic Floor plan- Own as a family, Roommate owners, Parent w/Caregiver, daycare or…? Also Vault Ceiling, Fireplace. Kitchen w/Breakfast bar. Full-size Lndry, Patio w/ Storage. 2 Pkg spaces * NO ONE above, below or behind you!

Sold for $355,000.

                                                                                                                                                                 

17165 W Bernardo Drive 106

(Ranho Bernardo)

SOLD

*Represented Seller

Gorgeous corner unit 2 bedroom 1 full bath, 874 sq.ft. 1 story (Downstairs Bottom Floor Corner Unit) in The Waterbridge Complex. Brand new laminate wood flooring and fresh new paint throughout. Plenty of natural sunlight and private patio. Central Air Conditioning. Refrigerator, washer & dryer included. Water included in HOA. Waterbrige is a gated community featuring pool & spa, fitness center, playgrounds. Minutes to the shops, restaurants & fwy. FHA and VA approved Complex.

Sold for $315,000

 

                                                                                                                                                                 

September 2018 Real Estate Market in Review

September’s San Diego real estate market in review: As of September 2018, the median detached home in San Diego County sold for $634,250 up 7.5% from the previous year.

As of  September 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $417,000, up 6.9% from last year.

 

The average detached home in San Diego spent 34 days on the market.

 

Condos, twinhomes, and townhomes in San Diego spent an average of 28 days on the market.

 

As of September 2018, the average seller of a detached home in San Diego County receives 97.5% of the original list price at the close of the sale.

As of September 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.3% of the original list price.

The inventory of homes in San Diego County is still very low.

The supply of attached properties is also quite low.

Are you interested in seeing this breakdown for your San Diego community or zipcode? Let us know!