Condos, Lofts and Penthouses for Sale
By Mike in Buying Tips with 0 Comments
If you’ve been looking at downtown San Diego condos for sale or you just want a change of scenery, moving can be complicated if you signed a lease for your current place. It doesn’t mean it’s impossible to move, however. Here are a few tips to get out of a lease agreement (and keep the Continue…
There is more to buying a condo than just paying the mortgage. When looking at condos for sale in downtown San Diego, don’t overlook these hidden costs. 1. Inspection It’s always a good idea to have an inspection done before moving forward with the purchase. Even a condo inspection can set you back several hundred Continue…
By Mike in Buying Tips with 0 Comments
If you’re shopping for a downtown San Diego condo during a seller’s market it can be tough, and certainly more expensive. Here are a few mistakes to avoid. 1. Waiting While it’s important to feel confident in your decision to buy a condo or loft in downtown, waiting too long to submit an offer in Continue…
By Mike in Buying Tips with 0 Comments
Do you regret purchasing your new condo or loft in downtown San Diego? You aren’t alone. Buyer’s remorse is fairly common, especially among first-time buyers. If it’s too late to back out, here are a few ways to beat buyer’s remorse. 1. Host a Party What better way to fall in love with your new Continue…
By Mike in Buying Tips with 0 Comments
When shopping for a loft or condo for sale in downtown San Diego, you probably have a list of wants. Ironically, this list could cause you to overlook your dream condo because it doesn’t match the picture of what it needs to look like or it has imperfections like ugly wallpaper. Take a step back Continue…
By Mike in Buying Tips with 0 Comments
Three business days prior to closing on the downtown San Diego loft or condo you bought, lenders are required to provide your Closing Disclosure. This spells out final details about the mortgage loan including the loan terms, projected monthly payments, how much you will pay in fees, as well as other costs to obtain your Continue…
By Mike in Buying Tips with 0 Comments
Without a doubt, the hardest part of purchasing real estate in downtown San Diego is coming up with the down payment. If you would like to buy a property in San Diego sometime in the near future, getting over that down payment hurdle is going to be your biggest challenge. With that in mind, here are Continue…
By Mike in Buying Tips with 0 Comments
For some people, using a cosigner may be the only way to qualify for a mortgage loan and purchase a condo or loft for sale in downtown San Diego. Before entering into these arrangements, however, all parties should have a clear understanding of what they entail. Buyers should know upfront whether cosigners expect to retain Continue…
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There are many advantages and disadvantages to deciding to rent out your home. Many of these are centered around money, so carefully analyze your financial situation before becoming a landlord. Whether you are looking to purchase an investment property or rent your home instead of selling it, consider the following pros and cons of renting. Continue…
By Mike in Buying Tips with 0 Comments
Purchasing your first condo in downtown San Diego is an exciting moment, but it is also a huge financial commitment. When buying a place, it’s vital to carefully consider every aspect, including the mortgage, the neighborhood, and the space itself. Think About the Future Consider how long you plan to stay in your place downtown. Continue…
Purchasing a Downtown San Diego condo for sale can be an exciting adventure for prospective homebuyers. Because of combined perks such as the sense of community within the subdivision, the satisfaction of home ownership without the responsibility of yard work, and the overall affordability compared to traditional homes, many people choose to buy a condo Continue…
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Private mortgage insurance, or PMI, is a special form of coverage that homebuyers must secure when purchasing a property with less than 20 percent down. The need for this coverage is determined by the borrower’s loan-to-value ratio, or LTV. As a homeowner’s principal balance is paid down and more of the property is actually owned, Continue…
By Mike in Buying Tips with 0 Comments
Often referred to as closing, escrow is the final step in the home-buying process. You’ll be guided through escrow by your lender, downtown San Diego realtor, and title agent, but it’s still important for you to have a clear understanding of what’s going on. This is essential for ensuring that you get the best overall Continue…
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Adding some basic technology requirements to your home-buying checklist can save you hassle and frustration in the future. While some tech upgrades are easy to add on your own, such as smart thermostats and smoke detectors, others are best left to the professionals. When checking out lofts and condos for sale in downtown San Diego, Continue…
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Mortgage fraud is a broad term and one that can refer to a number of illegal activities. In one sense, it is the omission or falsification of information on a loan application in order to obtain funding in an instance in which it might otherwise be denied. As it affects homeowners, however, this type of Continue…
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Buying new appliances is a major purchase, and after you buy a condo for sale in Downtown San Diego, you might be chomping at the bit to make it your own. But before you begin to shop for your appliances, there are some things you should keep in mind. 1. Never Buy Your Appliances on Continue…
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Bi-weekly mortgage payments, or making two half-payments of your loan twice a month, is an easy way to shorten the length of your loan and pay off your mortgage faster. Not sure if setting up bi-weekly loan payments is a good fit for your situation? Here are the pros and cons, presented by 92101 Urban Continue…
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A short sale, or pre-foreclosure sale, is a property that is being sold for less than what the owner owes on the mortgage. In a short sale, the seller does not have the money to make up this difference, and the bank has agreed to accept less than what is owed. Short sales are different Continue…
By Mike in Buying Tips with 0 Comments
Buying a loft or condo in downtown San Diego can be an emotional and exciting experience, and it’s easy to get swept up by your excitement when you fall in love with a place. Even after you have found the spot of your dreams and made an offer, there are still some situations in which Continue…
By Mike in Buying Tips with 0 Comments
A closing agent is one professional in the sales process who you probably won’t speak to until well into closing. While you work with your real estate agent in downtown San Diego to schedule property inspections and get your financing lined up, this person will be busy taking care of business behind the scenes by Continue…