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How to Avoid Breaking a Lease

Condos, Lofts and Penthouses for Sale

How to Avoid Breaking a Lease

By Mike in Buying Tips with 0 Comments

Advice For New Landlords in San Diego

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…

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How to Beat Buyer’s Remorse

By Mike in Buying Tips with 0 Comments

Avoiding Buyers Remorse in San Diego

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…

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What’s Covered in the Close Disclosure?

By Mike in Buying Tips with 0 Comments

When to Find a New Real Estate Agent in San Diego

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…

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The Basics of Using a Cosigner

By Mike in Buying Tips with 0 Comments

What it Means to Be a Cosigner in San Diego

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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The Pros and Cons of Renting Out Your Property

By Mike in Buying Tips with 0 Comments

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…

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Advice for First-Time Homebuyers

By Mike in Buying Tips with 0 Comments

First Time Home Buyers Tips in San Diego

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…

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Do I Need Private Mortgage Insurance?

By Mike in Buying Tips with 0 Comments

Private Mortgage Insurance in San Diego

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…

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Everything You Need to Know About Escrow

By Mike in Buying Tips with 0 Comments

Everything About Escrow in San Diego

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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What Are Short Sales?

By Mike in Buying Tips with 0 Comments

Bad Short Sale Home in San Diego

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…

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What Is the Role of a Closing Agent?

By Mike in Buying Tips with 0 Comments

Closing Agent in San Diego

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…

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