What Happens to the Lease When Selling Your San Diego Home
Monday, 09 January 2012
“Hey Gary. We want to sell our parents’ old La Jolla home in the Muirlands area. The thing is it’s leased through the end of July. If we sell, what happens with the lease? Do you think a buyer will just take it over?” Answer: Leases “run with the property,” not the owner. That means
- Published in Home Selling, Real Estate Tips
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Have FHA Loans Become More Expensive?
Thursday, 29 December 2011
“I heard FHA loans have become more expensive. Is that true?” Answer: They’ve become both more expensive and cheaper. How could that be? Several months ago, HUD (Dept of Housing and Urban Development) changed how they charge the “MIP” or Mortgage Insurance Premium on FHA loans. The upfront premium due at closing has been trimmed
- Published in Home Financing, Home Selling, Real Estate Tips
Finding the Value of Your San Diego Home
Tuesday, 20 December 2011
“We need to sell our home and my husband wants way too much for it. There have been several homes sold in our neighborhood that show what our home is worth. But my husband keeps pointing to two high sales to justify his price. One sold 10 months ago and is almost a mile away.
- Published in Home Selling, Real Estate Tips, San Diego
Hiring a Busy vs. an Idle Agent
Thursday, 15 December 2011
“We have a home we’ll be selling soon and want to be sure we hire the best agent. So here’s my question: which is better, hiring an agent with lots of homes for sale, or an agent with few or none?” Answer: Which is the better restaurant, the one with the vacant parking lot or
- Published in Home Selling, Real Estate Tips
Marketing Your San Diego Home “As Is”
Thursday, 01 December 2011
“A Realtor told me we can market our home “As Is” and not make any repairs. Is that a good idea?” Answer: No, for at least two reasons: 1. Marketing “as is” gives many homebuyers and agents a sneaking suspicion that your home has problems you don’t want to fix. This will lead to buyers
- Published in FAQs, Home Selling, Real Estate Tips
Restrictions on Obstructing San Diego Home Views
Friday, 25 November 2011
“Hi, Gary! A San Diego real estate agent on an open house near me said there’s a building restriction in our area which prohibits blocking more than 5% of any neighbor’s view, without their permission, even if the construction complies with the usual 30 foot above the grade limitation. Do you know of any such
- Published in FAQs, Real Estate Tips, San Diego
Listing Your San Diego Home for a Short Time
Sunday, 20 November 2011
“Hi Gary. My wife and I plan to sell our home in January. When we sold our last home in 2000, we chose some agent who promised us a high price but turned out to be a slacker. He didn’t do anything and never called to tell us what was going on. I don’t want
- Published in Home Selling, Real Estate Tips, San Diego