Archive for July 2012
Home Seller Tips on Low Prices
Home Buyers Happy and Home Sellers Sad…. This is a great time to buy a home in many parts of San Diego County because mortgage rates are at historic lows. The next few years could very well be remembered as the best opportunity for Americans to buy homes since the postwar baby boom. But one…
Read MoreIs the New Health Care Bill Really Affecting Real Estate Taxes in 2013?
Home Sales Tax Affects Few Home Sellers When the U.S. Supreme Court upheld the health care reform law on federal tax grounds, it re-activated a housing issue that had been relatively quiet for the past year: the 3.8% “real estate tax” on home sales beginning in 2013 that is buried in the legislation. Email warnings…
Read MoreFHA Rescinds Tough New Credit Restrictions
Home Buyers Find It Easier to Obtain FHA Loans In a policy switch that could be important to thousands of applicants seeking home mortgages with low down payments, the Federal Housing Administration has rescinded tough new credit restrictions that were scheduled to take place the beginning of this month. Borrowers who would have been affected…
Read MoreRent Sense: Are Month-to-Month Rental Agreements REALLY Best?
In today’s suffering economy some San Diego renters are now preferring month-to-month agreements over long-term agreements due the fact of employment situations and contractual commitments, but is that really best? The belief that a long-term lease agreement attracts and best serves qualified renters still stands, as well as the loss from reoccurring moving costs completely…
Read MoreCertain San Diego County Zip Codes Get a Face Lift
Thanks to investors and bargain chasers San Diego median home prices and sales, in certain neighborhoods, have risen. Analysis shows that a majority of zip codes tracked, by the La Jolla-based DataQuick, have shown improvement since their individual troughs. Looking through that perspective, certain neighborhoods, such as Logan Heights and El Cajon, have positively bounced…
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