Archive for April, 2008
Florida Alligator Enjoys All the Comforts of Home,Regretfully It Was My Clients Home
April 14th, 2008 categories: Buying San Diego Real Estate, San Diego Real Estate
From the Voice of San Diego Real Estate, this just in. I had a call yesterday from a client whose is buying a 2nd home here in San Diego. Yesterday morning as she was going to her car, parked in the garage, she heard a loud stirring and it turned out to be a Florida native that lost its way. Not a 2 legged type mind you one but 4 foot long one with 4 legs and a very strong swishing tail.
Her new visitor had been spending the night nestled in her warm and comfortable garage. Upon seeing what had made such a racket, it only took her seconds to become an Olympic style runner and she quickly sought refuge safely back into the house. Her house guest saved the day by using the long pole used for cleaning the swimming pool and the other house guest ( the uninvited one) decided it might as well make for other parts because breakfast was over and he obviously wasn’t getting anything.
The house guest (the invited one) safely pulled the car out of the garage and had the good wits about him to bring a camera and take a portrait of the visitor. Being the good Samaritan, he at first thought it might be a swell idea to post the gators picture around the neighborhood on a Lost and Found Flyer so the parents could find their lost young one. Thinking that might not be such a good idea, the baby gator’s photo was passed on to me instead to share with all of you.
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Good News! Easing of the Lending Reserves Could Fuel a Surge in Our Housing Markets
April 4th, 2008 categories: Buying San Diego Real Estate, San Diego Real Estate, San Diego Real Estate News, Selling San Diego Real Estate
With the easing of lending reserves, Fannie Mae and Freddie Mac may absorb more problem home loans that were responsible for slamming on the brakes of the housing market. The Office of Federal Housing Enterprise Oversight announced it was lowering the amount of required reserves for Fannie and Freddie from 30% to 20%. With less funds needed in reserve, an estimated $200 billion more is available to buy up the problem loans and bundle them to be sold to investors as mortgage bonds.
It is believed that this along with recent actions to increase the FHA conforming loan limits( although these new limits expire at years end) will go a long way in helping states with high cost housing absorb more of the jumbo loans that were previously too high priced to be in the portfolios and make more loans available on more favorable terms to qualified consumers.
These recent actions may actually help to put a floor under home prices and yield to a new surge in home sales. For those of us on the West Coast in the pricier end of the housing market, this is certainly welcome news.
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A Free Mortgage Calculator for Your Home Buying Needs
April 3rd, 2008 categories: San Diego Real Estate
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Making your Home the BIC of the neighborhood.
April 2nd, 2008 categories: Buying San Diego Real Estate, San Diego Real Estate, Selling San Diego Real Estate
With the coming of the Spring Housing market, if you are planning to bring your home on the market this year, you may want to give some serious consideration to making your home a real stand out. With an increasing supply and a still depressed demand from qualified Buyers there is something you can do that will increase your odds of selling this Spring. Make your home a BIC .
Whats a BIC? A BIC is a property that is Best in Class. Simply put, to be the best value that is priced correctly and with the proper enhancements that will make your home stand out and be the one that Buyers will want to make their home. I will go over in tomorrows post some helpful ideas to make your home a real BIC home.
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