Creating Curb Appeal During Drought

If you live anywhere in California, chances are that most of your casual conversations have been sprinkled with speculations about the drought: “When will we know it’s over?” The state of California continues to face one of the most severe droughts on record, with 2016 marking its fifth year. Since last June, Californians have put forth an amazing effort to …

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Get the Best Mortgage Rate in 2016

If you’re looking to purchase a new home this year, you already know there’s a considerable amount of preparation ahead of you—especially when it comes to getting a fair rate on your mortgage loan. Although your credit score does play a major role in your interest rate options, there are definitely a couple more factors that come into play. Below …

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The Latest Housing Market Updates

Regardless of whether you plan to put your home on the market earlier or later in the year, staying updated on the housing market situation is one of the most important ways to give yourself an advantage. The information below is from the California Association of Realtors’ Monthly Sales and Price Statistics, and reflects the latest trends in the housing …

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Motivated to Buy

Every year, millions buy and sell property in California. But what are the reasons behind each of these purchases? According to the California Association of Realtors’ 2015 Housing Market Survey, there’s actually a pretty significant difference in how first time buyers look for homes as opposed to repeat buyers. Check out this helpful CAR infographic below: It’s also important to …

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The Latest Market Activity in San Diego County

Although San Diego County has seen a few months of slowing real estate transactions, recent market research carries good news for buyers, sellers, and real estate professionals alike. In a press release from earlier this month, the Greater San Diego Association of Realtors found a significant increase in home purchase prices for December 2015. Although current statistics have already shown …

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What to Expect for Closing Costs as a Buyer

Closing costs are the fees paid at the end of a real estate transaction when the title is transferred from seller to buyer, which are usually required to be in the form of a cashier’s check. According to federal guidelines, all closing costs associated with residential transactions financed by a mortgage must be documented within an HUD-1 form, a standard …

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Understanding the Property Exchange Process

You’re probably already familiar with Section 1031 of the Internal Revenue Code, and it’s particularly useful to know when selling real estate. A 1031 exchange refers to the trade of one business or investment asset for another—in this case, property. If the exchange falls under certain conditions, both parties may be able to receive tax exemption for it. Below are …

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Modernize Your Kitchen Before Putting it on the Market

According to Remodeling’s 2015 Cost vs Value Report, a midrange major kitchen remodel costs about $62,441 on the West coast, but sellers were able to recoup an average of 81.1% of the cost. Below are the three best improvements to plan that promise the most return of investment. Cabinets Although replacing cabinetry is almost always the most expensive part of …

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