Coastal Premier Properties Welcomes Lexi Gustin!

Coastal Premier Properties is pleased to welcome Lexi Gustin! Lexi will be working out of our Carmel Valley office.

Lexi Gustin Welcome

Bio:

Lexi Gustin is 28 years old and a resident in La Costa. She has a health and fitness background and is licensed in esthetics. Lexi’s nationality is Lebanese/Italian and some of her hobbies outside of work include singing and opera. She is a loving mother of one. Lexi actively involves herself in a number of charities for animal rescues and adopting from shelters.

Lexi knows that buying/selling property is not a walk in the park. She can help provide a smooth transaction while getting you the best deal possible. Lexi believes in the importance of helping clients understand the ins and outs of the real estate process and is determined to fulfill this task to the best of her ability. She is ready for any and all real estate questions you might have. Give her a call today!

Click here to contact Lexi! For more about Coastal Premier Properties, visit our website!

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Just Sold: April 2019

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!

                                                                                                                                                                 

3930 Torrey Hill Lane

(EAST DEL MAR)

SOLD

*Represented Seller

Perched on an lot elevated providing Spectacular Ocean/Sunset Views! Custom built w/dramatic architectural detail featuring high ceilings, lots of light, open floor plan perfect for entertaining, two bedroom/offices on main floor, lavish master suite w/ cozy fireplace, sitting room, huge closet & large balcony to enjoy the panoramic views! Outside provides lush landscaping, wonderful privacy, sweeping ocean views, negative edge pool/spa & fire pit. Amazing location, No HOA, top rated schools & more!!

Sold for $2,200,000.

tot

                                                                                                                                                                 

1376 Missouri St.
(PACIFIC BEACH)

SOLD

*Represented Seller

You’ll love this 5 BR, 3 Bath coastal home in North Pacific Beach with an open floor plan! Luxury finishes & touches throughout including wood flooring, Heath Ceramics tile in the kitchen 7 baths, quartz counters, custom shaker style cabinetry, Viking appliances, a walk-in kitchen pantry & a convenient mudroom. Enjoy the San Diego lifestyle on your covered front porch, large, grassy backyard and roof deck where you can enjoy sunsets, & ocean, downtown & mountain views! Complete with a white picket fence!

Sold for $1,965,000.

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5558 Coral Reef
(LA JOLLA)

SOLD

*Represented Buyer

Located in the Soledad South neighborhood of La Jolla, this 5BR/4.5BA home is a great opportunity to put your design and remodeling opportunities to work. The home offers indoor/outdoor living with backyard that features a pool, outdoor fireplace, and mature landscaping. The master suite features home office/sitting area. Great potential.

Sold for $1,460,000.

190011673

                                                                                                                                                                 

10350 Rue Mont Grenoble
 

(SCRIPPS RANCH)

SOLD

*Represented Both Buyer

One of only 4 homes located on large private cul-de-sac (of double cul-de-sac street). Impeccable condition – fully remodeled throughout! Situated on over 1/2 acre flat pie shaped lot. Beautifully landscaped w/large wrap-around backyard w/outdoor kitchen, spacious covered patio, 400 gallon waterfall pond, & putting green w/astro turf. Open spacious floor plan w/downstairs en suite, downstairs office & another full bath off laundry rm. Fully owned solar system. See supplement for more details…

Sold for $1,370,000.

4

                                                                                                                                                                 

5557 Valerio Trail

(CARMEL VALLEY)

SOLD

*Represented Seller and Buyer

Lovely plan 2 Santa Barbara featuring 5 bedrooms with 1 on main floor, 4.5 baths, newly installed wood laminate flooring, neutral tones. Large kitchen w/center island open to family room. Upstairs includes loft, upstairs laundry & stunning master suite. Wonderful South facing exposure, lovely backyard, 3 car garage, A/C & much more! Highly desirable gated Santa Barbara community with great location close to all the best Carmel Valley has to offer, Top rated schools, Don’t let this one pass you by!

Sold for $1,375,000.

5

                                                                                                                                                                 
5238 Southhampton Cove

(CARMEL VALLEY)

SOLD

*Represented Buyer

Palma Del Mar in a premier location, at the end of a cul-de-sac with greenbelt space on west side of home. This quiet, private home lives like a 1-story with master suite down plus a built-in office/guest room & full bath down. Upstairs has large Den with 2 large bedrooms & shared bathroom. Approach to excellent curb-appeal & manicured landscaping. Enter to formal living & dining spaces with volume ceilings, plantation shutters and wood flooring throughout most of home. See supplement for more info.

Sold for $1,300,000.

6

                                                                                                                                                                 
4564 Campobello Street

(CARMEL VALLEY)

SOLD

*Represented Seller and Buyer

Sold for $1,190,000.

7

                                                                                                                                                                 

13949 Centella Way

(CARMEL VALLEY)

SOLD

*Represented Seller

Your Perfect ‘New’ Carmel Valley Home! Just built in 2016, this home is turn key. Beautifully designed and open floor plan flows from the gourmet kitchen to the living and dining areas, all of which are flooded with natural light. The multiple windows and sliding glass doors make it perfect for indoor/outdoor living and entertaning. A peaceful private oasis awaits in your custom backyard, w/ built in spa, sm custom pool, and firepit. Incl. Solar, low mntc lndscpng, wtr filtration, and much more!

Sold for $1,165,000.

8

                                                                                                                                                                 

7027 Cantaberra Ct

(TORREY HIGHLANDS)

SOLD

*Represented Seller

Beautiful Torrey Highlands home in Avalon Point neighborhood! 5 beds, 4.5 baths, HUGE Master Retreat, and private backyard space! This home has been immaculately maintained. Plenty of options to entertain with formal living room and dining room, over-sized Great Room with fireplace, and wonderful chef’s kitchen. Poway Unified School District, quiet, family friendly cul-de-sac, and convenient location just minutes to CA-56! Don’t miss this opportunity to take advantage of this stunning home!

Sold for $1,121,000.

9
                                                                                                                                                                 
16276 Deer Trail Ct

(RANCHO BERNARDO)

SOLD

*Represented Seller and Buyer

This home includes owned solar system.

Sold for $1,130,688.

10.jpg

                                                                                                                                                              
17526 Black Granite Dr

(RANCHO BERNARDO)

SOLD

*Represented Seller

This home includes owned solar system.
Sold for $1,146,000.

11

                                                                                                                                                                 

13421 Calle Colina

(POWAY)

SOLD

*Represented Seller

Seller will entertain offers between $945-$995,000~Charming single story w/beautiful upgrades, privacy & views! Desired open floor plan, hardwood floors, dual-pane windows, newer a/c, newer water heater/furnace,/elec panel, white plantation shutters & 2 fireplaces. Beautiful kitchen w/custom cabinets, granite, 48” built-in fridge, island. Master w/dual vanity, lg walk-in shower, walk-in closet. Gorgeous parklike yard w/mature trees, serene mtn vus, direct access to trails & hot tub! Great schools!

Sold for $975,000.

12

                                                                                                                                                                 

1163 Via Vera Cruz

(SAN MARCOS)

SOLD

*Represented Seller

Stunning SOLAR POWERED home w/ RENOVATED KITCHEN, sparkling POOL/SPA, & SWEEPING MOUNTAIN VIEWS, located in gated community of Stone Canyon. The OPEN FLOORPLAN boasts DOWNSTAIRS MASTER & loaded w/ upgrades & sunlight. Kitchen includes QUARTZ counters, crisp white cabinetry, black stainless appls, huge center island, & flows seamlessly to the family room w/ fireplace. The private BACKYARD PARADISE offers heated pool/spa, 2 covered seating/dining areas, built-in BBQ, fire pit, large side yard & pano views.

Sold for $980,000.

13

                                                                                                                                                                 

8497 Spreckels Lane

(RANCHO BERNARDO)

SOLD

*Represented Buyer

An exquisite custom marble & wood inlay entry sets the tone for this highly upgraded home in coveted Pasado Del Sur. Designer touches at every turn. Rich wood floors on lower level, hall upstairs & 2nd bedroom/office. Neutral carpet in other bedrooms. Venetian plaster in great room,1/2 bath & master bath.Chef’s kitchen w/granite counters, SS appliances, large island, custom marble & stone backsplash. Designer built in units in great room & master alcoves. Beautiful patio with BBQ/outdoor kitchen. MORE>SUP

Sold for $860,000.

14

                                                                                                                                                                 

1865 Magnolia Ct

(OCEANSIDE)

SOLD

*Represented Buyer

Remarkable home at an amazing price. Perfect layout with soaring ceiling upon entering home. Rooms are perfect size, large enough to entertain while cozy enough to be with family. Family room has fireplace for the colder days of winter. Fantastic deck off of the master bedroom, enjoy a nice morning cup of coffee or an evening glass of wine. This home won’t disappoint.

Sold for $844,900.

15

                                                                                                                                                                 
13454 Black Hills Rd

(RANCHO PENASQUITOS)

SOLD

*Represented Buyer

A must see! Great family home over 2500 sq ft of living space. Lovely curb appeal with bright, open floor plan. Features include dual-pane windows, skylights, new plush pet-friendly carpeting and FULLY PAID SOLAR!. Recently upgraded kitchen and bathrooms. Kitchen upgrade includes stunning quartz counters and new stainless steel appliances. Beautifully landscaped front and backyard ready for relaxing and entertaining. Located in the award winning Poway School District. No HOA or Mello Roos fees!

Sold for $827,000.

19

                                                                                                                                                                  

8893 Via Andar

(UNIVERSITY CITY)

SOLD

*Represented Seller

Amazing canyon view home at Vista La Jolla Townhomes with 4 bedrooms, 2 1/2 bathrooms. Beautiful hardwood floors, completely renovated kitchen, updated bathrooms, new windows/slider & the list goes on. Enjoy views from kitchen, living room, master bedroom & 2nd bedroom. Complex features 3 pools, hot tubs, barbecues, clubhouse and two lighted tennis courts. Near to UTC Mall, UCSD, shopping, restaurants, library, recreation center, freeways. Pet policy 2 any size. FHA and VA approved. A must see!

Sold for $815,000.

21

                                                                                                                                                                  
1504 Leonis Place

(VISTA)

SOLD

*Represented Buyer

Welcome to 1504 Leonis Place. This private home sits on a corner within a cul-de-sac which provides you with no neighbor on one side and no neighbor behind. Come relax in the newly built Spa/Pool in this oversized back yard with fire pit. This home offers a master bedroom retreat downstairs, great room, kitchen with quartz counters, S/S Kitchen Aid appliances, beautiful water resistant vinyl flooring and an abundance of natural light that you wont want to miss. Other features include leased solar…

Sold for $800,000.

17

                                                                                                                                                                 

2718 Havasupai Ave

(CLAIREMONT)

SOLD

*Represented Buyer

Charming 4 bedroom/3 bath home in Bay Ho. Kitchen features seamless quartz counters, eat-in nook, all appliances featuring custom Western Holly gas stove. Spacious living room with cozy wood burning fireplace. Master Bedroom Suite with walk-in closet, large bathroom with dual sinks, and direct access to private backyard. Features vaulted ceilings, A/C, dual pane windows, shed, security, solar fans in attic/garage, solar tubes to enhance natural lighting, upgraded lighting fixtures, and more! NO HOA/NO MR

Sold for $800,000.

18

                                                                                                                                                              

2749 Monroe St

(CARLSBAD )

SOLD

*Represented Seller

Beautifully upgraded home in the Woodridge Development of Carlsbad. Light and bright kitchen with White Cabinets, Corian Counter Tops, Stainless Steel Appliances and Garden Window. Sunny breakfast Nook with views of the Eucalyptus Grove. Highly upgraded wrought Iron Staircase and Brazilian Cherry Wood Flooring throughout most of the home. Light colored tile in the entry and family room. One Bedroom, Bathroom and Laundry on main living area. Upstairs you will find the Master Bedroom & retreat.

Sold for $790,000.

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11550 VILLAGE RIDGE RD
(SCRIPPS RANCH)
SOLD
*Represented Seller
GREAT VALUE! AMAZING OPPORTUNITY to own a single family detached home in Scripps Ranch. LOCATION, MOVE IN READY, GREAT NEIGHBORHOOD! Beautiful laminate flooring downstairs & in all bedrooms upstairs, new exterior & interior paint, professionally landscaped drought tolerant yard. Upgraded Granite kitchen counter top with an Island. Close to Freeway, Shopping, Parks, Schools & Restaurants. Walking distance to Dingeman Elementary. You will not be disappointed. Welcome Home! See Supplement.
Sold for $786,000.
20

                                                                                                                                                             

2590 Fern Valley

(CHULA VISTA)

SOLD

*Represented Buyer

Make your dream of living in the quiet and peaceful Eastlake Trails a reality. This single story home has been pristinely maintained and awaits a new owner. Sit in the tranquil backyard, looking towards the mountains and enjoy a lovely summers evening. Beautiful details throughout the home include crown molding, plantain shutters, extra plush carpet and real wood floors. Solar paid for keeps your SDG&E bill low!
Sold for $740,000.

23

                                                                                                                                                                 

9438 Slope St

(SANTEE)

SOLD

*Represented Buyer

Sold for $669,000.

24

                                                                                                                                                                 

10976 Salinas

(MIRA MESA)

SOLD

*Represented Buyer

Come & walk into this meticulously renovated home in the secluded west side of Mira Mesa! Newly painted w/ tile flrs, updated bathrooms, dual kitchen counters w/ stainless steel appliances & high ceilings in the dining/family room! You’ll love the spacious master w/ its double doors leading to the outdoor space, a walk-in closet w/ custom cabinets & a beautiful master bath! And, did you notice how big the 2nd bedroom is? YES, it’s also newly landscaped to give you an amazing curb appeal! Don’t miss this!

Sold for $650,000.

26

                                                                                                                                                                 

14670 Via Fiesta 4

(SANTALUZ)

SOLD

*Represented Buyer

Turnkey townhome in the desirable Santaluz-Sycamore Walk community with an open floorplan and updates throughout, including new manufactured wood flooring, new carpet, and fresh paint! The modernized kitchen features recessed lighting, sleek white cabinetry, quartz countertops, a large center island, and stainless steel appliances. All bathrooms have been updated, and all three, spacious, bedrooms are located upstairs.

Sold for $640,000.

27

 

                                                                                                                                                                 

12408 Laja Drive

(POWAY)
SOLD
*Represented Buyer
Wonderful move-in ready, spacious home on a large corner lot in Poway! Low maintenance yard with artificial turf and covered patio. Lots of room to play, garden, and park your boat or RV! Much of the home has been updated, including exterior and interior paint, windows throughout, updates in the kitchen and bathrooms. Vaulted ceilings, light and bright throughout. Updated landscaping, fencing, rain gutters, and concrete driveway.New hot water heater and new attic insulation 2018. Carpet Allowance offered!
Sold for $633,750.
22

                                                                                                                                                               

10916 Caminito Arcada

(SCRIPPS RANCH)

SOLD

*Represented Seller

Welcome to Scripps Ranch! Move in ready and beautifully remodeled with upgraded granite, SS appliances, custom porcelain backsplash, decorator paint colors. Bright & spacious floor plan feels larger than 1216 sf with an open concept great room. Kitchen features a huge breakfast bar counter and lovely refinished cabinetry. Beautiful new laminate flooring, closet organizers. Wonderful, central location close to freeways, shopping, restaurants & schools. Top Scripps Ranch schools, low HOA & Mello Roos fees.

Sold for $625,000.

25

                                                                                                                                                                 

19985 Sunset Oaks Dr

(RAMONA)

SOLD

*Represented Buyer

Looking for a fabulous place w/exceptional views, usable land & an “O” animal designator? Look no further! 2 separate homes to accommodate a multigenerational family or just a great place for guests to stay. Main home is a 2BR/2Ba 2218 sf single level home w/open floor plan. Guest facilities are a 1 room efficiency with kitchenette & private bath. 2 car detached garage PLUS a huge RV garage with workshop. Stunning views from the oversized deck. SS appliances in kitchen & Granite counters.

Sold for $618,000.

28

 

                                                                                                                                                                 

11024 Delphinus Way

(MIRA MESA)

SOLD

*Represented Buyer

This well maintained home is located in Mira Mesa. This 1,614 sq. ft. home enjoys an open floor plan and 4 bedrooms 2 full baths. This home has updated roof, flooring, as well as a patio cover off of the back garden area. Great layout, ready for your personal touches & upgrades!

Sold for $610,000.

29

                                                                                                                                                             

10330 Caminito Agadir

(SCRIPPS RANCH)

SOLD

*Represented Buyer

Located beside Hendrix Park and with convenient access to I-15, this 3 bed, 2.5 bath, two-story home has been recently upgraded and is move-in ready! Property features include a welcoming window-filled living room overlooking an enclosed, private, wrap-around patio, a freshly remodeled kitchen, tall ceilings + hardwood flooring throughout and an attached garage. A private entryway, fireplace-warmed living room and skylight above the stairway add to the property’s undeniable charm.

Sold for $559,500.

30

                                                                                                                                                             

3758-60 46th st

(SAN DIEGO)

SOLD

*Represented Buyer

Sold for $510,000.

31

                                                                                                                                                            

10878 ADERMAN AVE #174

(MIRA MESA)

SOLD

*Represented Seller

Location.. Location.. Location! Premium Upper Level – End Unit, with view of pool area, away from the main street. This light and bright Summit Ridge condo boasts a spacious main living area, Dual Master Suites, and has a wonderful sunny, south facing balcony area. Upgraded kitchen w/ granite counters, white cabinetry, & stainless steel appliances. Upgraded bathrooms, laundry inside unit, A/C. Desirable complex features a community pool/spa & exercise room w/ sauna. HOA includes water & trash.

Sold for $408,000.

32

                                                                                                                                                               

1433 Temple Heights Dr

(OCEANSIDE)

SOLD

*Represented Buyer

One of the largest floorplans in the Peacock Hills 55+ community! This open floorplan has several updates throughout including granite kitchen counters and tile flooring. The formal living room has a large fireplace with sliding patio doors to your back yard oasis. Enjoy your relaxing view of the surrounding community. One of the few homes with a private Master bathroom makes this a great place to have guests over. Just a short walk to the local restaurants makes this location a great place to live.

Sold for $394,000.

33

                                                                                                                                                             

14149 Caminito Quevedo

(RANCHO PENASQUITOS)

SOLD

*Represented Seller

Price to Sell! Rarely available, beautiful 3 bed, 1.5 bath townhouse in PQ. Large open floor plan downstairs with living room, dinning area and recently remodeled kitchen with granite countertops and matching appliances. Three bedrooms upstairs. Nice size master bedroom, stylish bathroom. 1 car shared garage. Low HOA fees include community swimming pool. Located in the award winning Poway Unified School District and close to shopping, restaurants, freeway and bus lines.

Sold for $385,000.

34

                                                                                                                                                             

4435 Nobel Dr 11
(UNIVERSITY CITY)

SOLD

*Represented Seller

Wonderful 1 bed, 1 bath condo in University Towne Square! AMAZING location close to everything including La Jolla and other beaches, UTC mall, UCSD, freeways, shopping, restaurants, and more! Full of upgrades! New carpet, paint, granite countertops and bathroom! Covered parking and community pool. Don’t miss out on living in one of the most highly sought after locations in San Diego!

Sold for $363,000.

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April 2019 Real Estate Market in Review

April San Diego real estate market in review: As of April 2019, the median detached home in San Diego County sold for $647,000 up 4.5% from the previous year.

market report

As of  April 2019, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $420,000, up 3.7% from last year.

2

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

ave market time det

Condos, twinhomes, and townhomes in San Diego spent an average of 30 days on the market.

ave market time att

As of April 2019, the average seller of a detached home in San Diego County receives 97.2% of the original list price at the close of the sale.

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As of April 2019, the owners of attached properties (condos, twinhomes, and townhomes) retained 97.8% of the original list price.

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

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The supply of attached properties rose a little bit but still is also quite low.

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

 

Buying a House in 2019: Things You Need to Know

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Buying a house is a minefield full of “I didn’t know thats.” From choosing the right home to qualifying for the best mortgage, you want to minimize the things you don’t know.

So let’s lower your “didn’t-know” ratio. With a shifting lending landscape, unpredictable interest rates and down payment priorities based on your local market, here’s what you’ll need to know about buying a home this year.

 

 

What’s the first step to buying a house?

With acute shortages of homes for sale in so many markets throughout the nation, getting a pre-approval for a home loan is more important than ever. Cash buyers used to give sellers confidence that a deal would close quickly, but fewer cash buyers are shopping right now. And when houses weren’t in such short supply, buyers didn’t face the pressures of intense seller’s markets.

With a lender lined up and a pre-approval letter in your pocket, sellers know you’re serious. With a pre-approval, sellers feel comfortable that, ‘Hey, this guy is a legit person who is going to buy and close.’ Prospective buyers need to immediately start with the lender. See what you can afford and see what your hurdles are going to be. Shopping for homes before gaining a loan pre-approval can be a big home buyer mistake. Some buyers don’t realize how many underwriting deal breakers that can hijack — or significantly delay — getting a mortgage there are.

Those home loan approval pitfalls can include issues with student loans, significant recent cash deposits, and the manner in which self-employed income is reported.

 

How much house can I afford?

‘How much house can I afford?’ is the first-time home buyer question. We offer a rule-of-thumb to help.

Instead of telling them about debt-to-income ratios, first-time buyers better consider three times their income as a starting point. So, if you and your spouse have a combined annual income of $110,000, most likely $330,000 will be your price range, plus or minus a couple of percent. But rather than guessing, you can simply take the first step — talking to a lender.

 

What’s up with interest rates?

Another change impacting the real estate market is interest rate volatility. Many experts predicted rates to steadily rise throughout 2019, yet so far 30-year mortgage rates aren’t far from where they were a year ago. At this point, it’s not clear where they’re headed over the next 12 months.

In fact, more than a third of Americans say they plan to buy within the next five years — and nearly one-fourth of those prospective buyers say they’ll buy in the next 12 months, according to NerdWallet’s 2019 Home Buyer Report.

 

What credit score do I need?

A credit score of 620 is typically the minimum that mortgage lenders are looking for, though some lenders will go as low as 580 or below.

What we see is that average credits are usually 620 to 680, very good credits are 680 to 740, and if you’re over 740, you’re spotless.

 

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How much do I need to put down on a house?

People still think they need 20% down. Three percent down, 5% down are the ways people are buying homes. Ten percent down is the average in the nation right now. You don’t need 20% down to buy a home. It’s the biggest myth out there.

20% down — especially in a tight market — is going to come into play. If somebody else has 10% and you’ve got 20, that’s going to be a factor. Listing agents will usually advise sellers to go with the buyer who has the most cash on the table.

 

How long does it take to buy from start to finish?

You know what’s changed in the last three years in mortgages? Speed to closing is more important now than ever.

Application-to-closing times are shrinking. For the 12-month period ending in January 2019, average closing times for purchase and refinance loans combined were about 43 days, according to Ellie Mae, a mortgage industry technology provider.

For refi loans alone, the average was about 40 days. For the same period in 2015-2016, the averages were 46 days for all loans and 47 for refis.

 

The best real estate deals allow everyone to shake hands and walk away from the table feeling like a winner. And in what looks to be another year of uncertainty, disappointment and just plain incivility, spreading a little extra goodwill during the negotiations and at the closing table seems like a very good idea indeed.

Title Insurance Requirements for Insuring Trusts

In today’s world of busy probate courts and exorbitant death taxes, the living trust has become a common manner of holding title to real property. The following may help you understand a few of the requirements of the title insurance industry if title to property is conveyed to the trustee of a living trust.lanzajan2blog

What is a trust?

An agreement between a trustor and trustee for the trustee to hold title to and administer designated assets of the trustor for the use and benefit of one or more beneficiaries.

Can a trust itself acquire and convey interests in real property?

No. The trust is an arrangement between a trustee and the trustor. Only the trustee, on behalf of the trust, may own and convey any interest in real property. The trustee may only exercise the powers granted in the trust.

What will the title company require if a trustee holds the title to the property which is part of the trust?

A certification of trust containing the following information:

  1. Date of execution of the trust instrument,
  2. Identity of the trustor and trustee,
  3. Powers of the trustee,
  4. Identity of person with power to revoke trust, if any,
  5. Signature authority of the trustees,
  6. Manner in which title to the trust assets should be taken,
  7. Legal description of any interest in the property held by the trust, and
  8. A statement that the trust has not been revoked, modified, or amended in any manner which would cause the certification to be incorrect and that the certification is being signed by all currently acting trustees of the trust

My trust contains certain amounts of money to be given to various charities which is none of your business. Can I omit these pages?

Because many different provisions may be on the same page, the answer must be no — but if the title company requires a copy of the trust, it may accept a copy with those amounts blacked out.

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If there is more than one trustee, can just one sign?

Maybe. The trust must specifically provide for less than all to sign.

Can the trustee give someone a power-of-attorney?

Only if the trust specifically provides for the appointment of an attorney-in-fact.

What will the title company require if all the trustees have died or are unwilling to act?

If the trustor is not able to do so, or the trust provisions prohibit the trustor from appointing a new trustee, the court may do so.

How does a notary acknowledge the signature of the trustee?

Title is vested in the trustee. Hence, if the trustee is an individual or a corporation, then the new general form of acknowledgment will be prepared to reflect the intrinsic nature of the trustee.

How would the deed to the trustee ordinarily be worded to transfer title to the trustee?

“John Doe and Mary Doe, as trustees of the Doe family trust, under declaration of trust dated January 1,1992.”

Are there any limitations on what a trustee may do?

Yes, the trustee is limited principally and most importantly by the provisions of the trust and, thus, may only act within the terms of the trust. The probate code contains general powers which, unless limited by the trust agreement, are sufficient for title insurers to rely on for sale, conveyance, and refinance purposes.

 

 

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8 Best-Kept Secrets for Selling Your Home

Selling Secret #1: The first impression is the only impression
No matter how good the interior of your home looks, buyers have already judged your home before they walk through the door. You never have a second chance to make a first impression. It’s important to make people feel warm, welcome and safe as they approach the house. Spruce up your home’s exterior with inexpensive shrubs and brightly colored flowers. You can typically get a 100-percent return on the money you put into your home’s curb appeal. Entryways are also important. You use it as a utility space for your coat and keys. But, when you’re selling, make it welcoming by putting in a small bench, a vase of fresh-cut flowers or even some cookies.

Selling Secret #2: Always be ready to show
Your house needs to be “show-ready” at all times – you never know when your buyer is going to walk through the door. You have to be available whenever they want to come see the place and it has to be in tip-top shape. Don’t leave dishes in the sink, keep the dishwasher cleaned out, the bathrooms sparkling and make sure there are no dust bunnies in the corners. It’s a little inconvenient, but it will get your house sold.

 

Selling Secret #3: The kitchen comes first
You’re not actually selling your house, you’re selling your kitchen – that’s how important it is. The benefits of remodeling your kitchen are endless, and the best part of it is that you’ll probably get 85% of your money back. It may be a few thousand dollars to replace countertops where a buyer may knock $10,000 off the asking price if your kitchen looks dated. The fastest, most inexpensive kitchen updates include painting and new cabinet hardware. Use a neutral-color paint so you can present buyers with a blank canvas where they can start envisioning their own style. If you have a little money to spend, buy one fancy stainless steel appliance. Why one? Because when people see one high-end appliance they think all the rest are expensive too and it updates the kitchen.

Selling Secret #4: Take the home out of your house
One of the most important things to do when selling your house is to de-personalize it. The more personal stuff in your house, the less potential buyers can imagine themselves living there. Get rid of a third of your stuff – put it in storage. This includes family photos, memorabilia collections and personal keepsakes. Consider hiring a home stager to maximize the full potential of your home. Staging simply means arranging your furniture to best showcase the floor plan and maximize the use of space.

Selling Secret #5: Don’t over-upgrade
Quick fixes before selling always pay off. Mammoth makeovers, not so much. You probably won’t get your money back if you do a huge improvement project before you put your house on the market. Instead, do updates that will pay off and get you top dollar. Get a new fresh coat of paint on the walls. Clean the curtains or go buy some inexpensive new ones. Replace door handles, cabinet hardware, make sure closet doors are on track, fix leaky faucets and clean the grout.

Selling Secret #6: Conceal the critters
You might think a cuddly dog would warm the hearts of potential buyers, but you’d be wrong. Not everybody is a dog- or cat-lover. Buyers don’t want to walk in your home and see a bowl full of dog food, smell the kitty litter box or have tufts of pet hair stuck to their clothes. It will give buyers the impression that your house is not clean. If you’re planning an open house, send the critters to a pet hotel for the day.

Selling Secret #7: Light it up
Maximize the light in your home. After location, good light is the one thing that every buyer cites that they want in a home. Take down the drapes, clean the windows, change the lampshades, increase the wattage of your light bulbs and cut the bushes outside to let in sunshine. Do what you have to do make your house bright and cheery – it will make it more sellable.

Selling Secret #8: Half-empty closets
Storage is something every buyer is looking for and can never have enough of. Take half the stuff out of your closets then neatly organize what’s left in there. Buyers will snoop, so be sure to keep all your closets and cabinets clean and tidy.

 
 
 
 

San Diego Neighborhood Highlight: Scripps Ranch

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Scripps Ranch is a charming neighborhood suburb in the northeast part of San Diego County. Though inland, it’s still only about a half hour drive to the beach and close to many booming companies and attractions.

History

Scripps Ranch, like many things in Southern California such as the Scripps Institute of Oceanography and Scripps College, was named after the Scripps newspaper family. E.W. Scripps at first thought he was building a vacation home to get out of Illinois’ frigid winter.  He bought 400 acres of land, gave part of it to his sister, Ellen Browning Scripps, and built a ranch there at the site of where the members-only Scripps Ranch Swim and Racquet Club a community hub, now stands. He also built a castle, called Miramar, where the community of Miramar is today.

Real Estate

Scripps Ranch is considered one of the premiere neighborhoods of San Diego County. With a population of 29,000 and home values at a median of around $700K, Scripps Ranch is a desirable area for families. It has top-rated public and private schools and a variety of public parks and open spaces. 

The outlook for real estate here is good, with a 9% increase in home sales over last year.  Houses here retain their value in an area that has very few vacancies. While there are many single family homes, there are also a lot of condos and townhouses for sale, too, at prices well below $500K. If you’re looking for well-maintained and clean houses, Scripps Ranch is the perfect San Diego neighborhood for you!

Commuting

Scripps Ranch is home or close to many large high tech companies in the area. Among them, Intuit, one of the region’s largest employers, is located in nearby Rancho Bernardo. Broadcom is also close by, as is Fitbit.

If you work on the northwest side of the county over in UTC and Sorrento Valley, the commute’s not bad either—less than 10 miles. The commute to downtown San Diego is a bit longer at 18 miles.

Things to Do

There are lots of things to do in Scripps Ranch. Whether you have a growing family or you’re single, activities abound. Hoyt Park hosts Symphony in the Park, a concert series that has most sessions during the summer, but since San Diego is so mild, it also has a couple of concerts in the fall and winter. There’s a farmer’s market on the site of Innovations Elementary every Saturday, with produce from local growers, as well as kid-entertainment like face painters and balloon artists. Vendors also serve a variety of different foods for breakfast and lunch.

The Scripps Ranch Theatre is a popular and well-regarded community theater run by all volunteers, putting on many different shows, including those written by local playwrights. The Erin Hanson Gallery sells California impressionist paintings created by the local artist; there are frequent shows here open to the public.

The San Diego Zoo Safari Park, formerly the Wild Animal Park, is a few minutes up Interstate 15 in Escondido. At this massive zoo,  you can ride a tram through wild animal habitats, take a behind-the-scenes tour, sleep overnight in the park, take a hot air balloon ride, or zip line.

Scripps Ranch also offers many opportunities for hiking in and around the area. Black Mountain Open Space Park has a variety of trails where you can hike, stroll, or horseback ride. Mountain biking is also a popular pastime in these parts with many options.

Golfing is another big thing around here, with several different courses to choose from. In this area, there’s the executive course, Oaks North; the course at the Rancho Bernardo Inn; and, in nearby Poway, the Maderas Course, the top-rated course in San Diego County.

Restaurants

Despite Scripps Ranch being a suburb rather than a city spot, there are dozens of different restaurants in and around the area. Some of the most popular local spots include Gyu-Kaku, a Japanese grill where you can barbecue your own food at the traditional grill right at your table—including s’mores.

Ballast Point Brewing is a local brewery that’s become popular worldwide in recent years. The kitchen serves Californian cuisine. Cutwater Spirits Tasting Room and Kitchen serves up burgers, sandwiches, and its signature vodkas, whiskeys, and gins made on the premises. You can even get a distillery tour at the same time.

Shopping

Scripps Ranch has a few different shopping centers with grocery stores, including Scripps Ranch Marketplace,  which includes a bank, a Starbucks, and other standbys. By 2020, a project called Watermark will bring in a Whole Foods, a movie theater, more restaurants, and a Marriott hotel.

Only a few minutes further away is Mira Mesa, which has many more shops and a movie theater. Mira Mesa Market includes this, as well as the region’s largest Barnes and Noble bookstore, and many different chain restaurants.

Scripps Ranch is a family-oriented, quiet area that nevertheless has a lot of different activities to keep you occupied. Whether you want a local brew, a nature run, or a relaxing round of golf, Scripps Ranch has it all.