Buying a short sale property and it didn’t appraise! Help for San Diego Condo and Home Buyers.

This is another FAQ I get from buyer clients…  Believe it or not, many desireable San Diego condo and home listings are not only getting multiple offers but are being bid up with the help of the listing agent.  Yes… bid up on the price.  If buyers want to be the best and most attractive offer on a home then they often overbid with the chance that it will not appraise once in escrow.  And the point...

Buyers… Walkscore the San Diego Condo or home you are purchasing!

If you are looking to purchase a San Diego Condo or Home and you are wanting to own real estate in a more walkable area (i.e. stores, schools, etc within reasonable walking distance) to save cash on gas and be more green…  well then, this Walkscore tool is one of the coolest and most useful widgets I’ve seen!  Enter your address and up pops a list of walkable public places.  WOW!  A score will be...

Condo and Detached Home Foreclosure Inventory in San Diego County

Many folks continually ask me “Can I still buy a foreclosure home.”   We’ve some positive news locally here in the San Diego Condo and Home market.  This has some buyers thinking that the foreclosure opportunity is drying up.  Not so.  I believe that since we are still seeing increased unemployment and remain to be in a depressed housing market, we will continue to see a trickle of foreclosed...

Making Multiple Offers to Purchase a Home… San Diego Home Buyer Practices

I get this question from my buyer clients a lot.  If you haven’t purchased a home in awhile then you are probably not as clued in as far as the new market environment out there in the San Diego Condo and Homes market.  Our current market here in San Diego County is dominated by short sales.  I would estimate (off the top of my head based on my everyday experience) that at least 50-60% of the current condo...

Short Sales and Debt Forgiveness… San Diego Buyers and Sellers: Knowing the implications.

Sellers should definitely do their homework regarding the law and tax implications associated with the debt that is forgiving on a short sale (and foreclosures).  I also believe that my San Diego condo buyers should also know the guidelines when bidding on short sales because it will help them understand the process and put them in the shoes of the seller.   Because I believe agents should be able to...