Archive for January, 2011
Your Path to Home Ownership Part 3 of 3
January 27th, 2011 categories: San Diego Real Estate
Your Path to Home Ownership Part 3 of 3
Part 1, Steps 1 through 7 are linked here.
Part 2 Steps 8 through 14 are linked here
You are now in the home stretch and you and I would have gone over any of the outstanding parts of the contract, such the ordering the home warranty, having you order on the utilities for the closing date, and doing our final walk through of your new home.
Step 15. ( Loan Officer-Underwriter – Loan Officer)
In the previous step, all the conditions for processing the loan have been discussed with you. You have gathered all the documents, made all the calls and now the Loan officer will be submitting all the completed conditions to underwriting and if the package is complete, the loan documents will be drawn. Read the rest of this entry »
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The San Diego Lighthouse
January 27th, 2011 categories: San Diego Real Estate
The San Diego Lighthouse
The San Diego Lighthouse is Located at the extreme southwest end of the Point Loma peninsula just past the Cabrillo National Monument and National Cemetary. This point of land used to be called Pelican Point prior to the erection of the lighthouse. The new Lighthouse along with the old Point Loma Lighthouse which is now a historical monument has quite a history and an interesting story of how and why the new Point Loma Lighthouse came to be.
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Your Path To Home Ownership Part 2 of 3
January 26th, 2011 categories: Buying San Diego Real Estate, San Diego Real Estate, Selling San Diego Real Estate
If you are just tuning in to this series, this is Part 2 or 3 on your Path to Home Ownership. It would be useful if you read Part 1 first and here is the link. Your Path To Home Ownership Part 1 of 3
Part 2 picks up with Step #8 through 14 of the 21 steps you will take with me guiding your way on the Path to Home Ownership.
Step 8. ( Loan Officer and Home Insurance Agent)
As part of your request for your loan, your loan officer will need you to select your home insurance carrier and have proof of a binder 
guaranteeing that you have ample perils insurance to protect your investment. You might first call the company that insures your car. Generally there is a discount if you insure both with the same carrier. As part of you purchase , we would have requested the mandated California Zone Report on the property. One of the optional reports that can come with that Zone Report which we requested is a Clue Report. By ordering the C.L.U.E. Home Seller’s Disclosure Report, you will have a greater comfort level on a property for which the loss history is known. This will be useful information at the time you are getting a binder on the property. If there is a loss history within the last five years, it can in some cases also impact on an insurers coverage.
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Your Path To San Diego Home Ownership
January 25th, 2011 categories: Buying San Diego Real Estate, San Diego Real Estate, Selling San Diego Real Estate
Your Path To Home Ownership Part 1 of 3
by William Johnson, GRI, CRS, E-Pro, CDPE
Copyright ©2011
As part of my counseling process when I am working with a San Diego home buyer, I will take you through the home buying process here from start to finish. I will also familiarize you with the team of other professionals that may be assisting you along the way in this process consisting of 21 steps on your path to home ownership.
In our first get together, I think it is most important for you to know that you have connected with the real estate professional with the experience, credentials and the patience to help you through these 21 steps to home ownership in a professional and personalized manner.
Thank you for selecting me.
I am listing here the 21 steps you will take in order and the title of the person you will be working with in each one of these steps. A number of these steps will be underway at the same time and they will require your attention and assurance that we have open lines of communications at all times. I will be there to guide you every step of the way. Read the rest of this entry »
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Is That Bedroom a Legal Bedroom?
January 15th, 2011 categories: Buying San Diego Real Estate, San Diego Real Estate, San Diego Real Estate Legal, Selling San Diego Real Estate
While interviewing for a listing of an older home that had an addition, I made an observation that ran counter to the homeowner’s understanding of the marketable size of the home. The home was originally built as a 3 bedroom home and an addition added years after it was originally built enlarged the master bedroom and bath and added a family room. The Master Bedroom was enlarged and an en suite master bath was added in back of the existing original second bedroom. In so doing the master bath design removed the window that was in the original bedroom and the opening in the wall was closed up. Because there was no remaining window, an operable skylight was added for natural light and ventilation.
Is the original 2nd bedroom with no window still a bedroom? The space has a door into it from the hallway which is original. The closet remains and the operable skylight as added for light and ventilation. There are 2 minimum requirements that defines a bedroom. Ventilation and secondary egress ( emergency exit) . Since there is no secondary egress, ( an operable window large enough to crawl through and no higher than 48” or a door that opens to the outside for emergency exit) it would be my opinion that this space is a secondary room and should not be marketed as a bedroom.
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