Posts Tagged ‘North San Diego Real Estate’
Why Homeowners Need an Estate Plan
As a real estate broker and attorney, I always advise my clients to hold their properties in trust, and to execute a complete estate plan. This offers peace of mind in times of difficulty and as the population ages. The great thing is that documents like living trusts can be modified during your lifetime as…
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Possible End to Housing Shortage in CA?
There is a new voter measure that could put an end to the housing shortage in California if placed on the November voting ballot and passed. The proposition would allow homeowners 55 and older to reap tax benefits upon selling their homes by eliminating the “disincentive” to sell, and making it possible to move to…
Read MoreHome Seller Dilemma: Sell Now or Wait Until Spring?
A lot of homeowners have been wondering whether to sell now or wait until Spring. While Spring and early summer are typically the best times to sell, when a large majority of buyers are searching for homes, this year there is no reason to wait if you are a seller…and here is why: Low Inventory…
Read MoreHappy New Year 2018 and Real Estate Predictions
It is amazing that 2017 has come to an end, and it has certainly been an interesting year in real estate. Low inventory, rising prices and high buyer demand all made for some tough times for buyers and advantageous times for many sellers. Moving forward into the new year I forsee the following: Price stabilization:…
Read MoreNew Tax Plan Will Affect Home Sellers Living in Homes Under 5 Years
If you are a future home seller the new tax plan will affect your taxes, so pay attention. Both the House and Senate bills plan to extend the tax benefit that home sellers receive, and this can hurt your bottom line. The current law allows home owners a tax break upon resale of their property…
Read MoreNorth San Diego Coastal Real Estate Sales: 10/16-10/17
Sales in North San Diego have jumped considerably between October 2016 and October 2017. The chief economist for the California Association of Realtors predicts that sales will be up 8% for the year. For 2018 the prediction is a 4.2% in appreciation and a slight increase in sales volume. Here are the statistics for North…
Read MoreProtect Yourself: What You May Not Know About Escrow Companies
Most people know that escrow is the party that handles the money, paperwork and closing details of a transaction in California (and other states – the remaining states use attorneys for closings). But many do not know that escrow and escrow officers can fall under two regulatory categories, and that this could have an effect…
Read MoreHow To Stop Annoying Real Estate Calls to Your Landline and Cell Phone
In the last few years it seems that some real estate agents or brokers have jumped on the phone calling spam bandwagons. They call your home phone, often using canned recordings, or text messages to your cell phone. These messages tend to be about how they can help you buy or sell property. There have…
Read MoreHow the New Tax Reform Could Effect Real Estate
If you own a home or are thinking about purchasing one, you need to be aware of how the new proposed tax reforms could effect you and the effect they may have on the real estate market. Here are some of the proposed changes: Tax Increases/Doubling of the Standard Deduction. Taxes could increase for hundreds…
Read MoreWhy Flat Fee Brokerages May Not Benefit Sellers
Flat fee brokerages have been around for a long time, and recently there have been a few additions to the real estate flat fee brokerage world. For those who do not know about these companies, they attract home sellers by promising to list homes for a set fee that is lower than what the average…
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