San Diego Real Estate Cafe by Krista Lombardi

Archive for September, 2010

Is Your Real Estate Agent In The Modern 2.0 World?

Does you real estate agent still have to open their phone to answer? The world has changed and at a very fast pace. San Diego’s real estate market entrepreneurs know this and most have adapted to the times. In a world where information on anything is just a mouse click away so has communication.

We now live in an age where things move so fast that we don’t carry “cell phones” per say but actually mini computers that can help in running everything in our daily lives. As an agent in the San Diego real estate market I’ve experienced the communication evolution first hand. Let me as you this,  how many of you use Facebook, Myspace, Twitter, Yelp, Flicker, YouTube, just to name the obvious ones? Read the rest of this entry »

Tags: first time homebuyers, homes, housing market, Mission Hills, Mission Hills real estate, Prudential california Realty, Real Estate, San Diego real estate, things to do in San Diego this week, Victor H Zuniga, Victor Zuniga

The Fight Against Undisclosed Short Sale Payments

The second lienholder needs $5,000 paid outside of escrow prior to close.

From time to time this happens and it is so frustrating for a buyer looking to buy a home.  If that home is a short sale, sometimes the 1st or the 2nd will ask for this  money to be paid out of escrow.

Can you do that?  Is it legal?

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Tags: Attorney General, Department of Housing and Urban Development, FBI, undisclosed payments out of escrow

Home Prices in San Diego Have Been on an Increase Streak

Is the San Diego real estate market stabilizing? Though no one can say with any certainty the data seems to suggest that for a significant stretch in time the San Diego real estate market saw a sustained increase in prices. most of this probably can be attributed to the tax incentives offered on the federal government level and also the state government level.

On the other hand now that most of the incentives for buyers to purchase a home, the price increases will more than likely come to an end or diminish to minute levels.  Buyers took advantage of several factors, such as low interest rates, low home prices and tax incentives, thus pushing home sales up.With more buyers than inventory lots of properties saw multiple offers thus small bidding up wars were created.

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Tags: buyers, California, First Time Homebuyer Credit, first time homebuyers, homes, Prudential california Realty, Real Estate, San Diego, San Diego real estate, Victor H Zuniga, Victor Zuniga