Archive for December, 2011

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Real Estate Value Estimator – Before You Buy Or Sell You Need an Estimate

December 31st, 2011

Using a real estate value estimator to estimate the value of your home is essential to selling your house fast or before buying a property. There are two free ways to get a real estate value estimate and this article will explain both ways and why you need to know the value of your property.

Method One – There are a few good sites on the internet that will show you the value of your home. These sites basically take the address of your home and lookup public records of homes like yours that have sold recently in your area. They combine the values and come up with a fairly descent estimate. Most people value property by looking at what other homes are listed for in their neighborhood but this is not the right way to look at things. You really want to know what people have sold their home for. That is the true value of the property.

Method Two – Some real estate agents will give you a free estimate but you need to be careful. Agents want your business so they will do this for you but they might make your home look more valuable than it really is, hoping that you believe they can sell the home for their estimated value. What you want is someone to give you the true value of the home. Ask three experienced agents to visit your home and tell them you want to price the home slightly less than what it is worth. This will make them understand that you want to sell the home fast.

Method 3 – You can also find out the value of your home using a professional real estate appraiser. This person will come out to your home, take pictures, measure your home and find comparable home sales with a certain distance from your home. They will then give you a detailed report. This method is fairly accurate but expensive. Typically the appraiser will visit your home for two hours and the costs of the appraisal will range from three hundred to six hundred dollars. I don’t recommend this method for someone selling a home because it is too expensive. If you are buying a home you will have to pay for an appraisal if you are getting a loan.

The number one reason homes don’t sell fast today is because they are priced too high. Don’t make this same mistake. Price your home lower than its true worth and you will not only sell it faster but maybe make more money because of multiple offers.

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What to Look for in a San Diego Real Estate Listing

December 29th, 2011

San Diego real estate listings aren’t hard to find. Online or local publications are full of the area’s million dollar properties and scenic views. The hard part for someone sorting through all the San Diego real estate listings is knowing where to begin. Locals have some idea of the many neighborhoods that make up the San Diego real estate listings; but even then there are so many that there is a lot to learn. One factor is sure to make your decision simpler. Money. With the prices of San Diego real estate listings as high as they are your loan options and bank account are likely to factor into your decision of which San Diego real estate listings you can choose from. Here’s a breakdown of the some of the neighborhoods in San Diego County.

San Diego Real Estate Listings in La Jolla

Let’s start with one of the undisputed gems of San Diego real estate listings. La Jolla, the “jewel by the sea” is one of the most desirable areas in San Diego. Movie stars, affluent retirees, and esteemed scientific leaders all make their homes in the multimillion dollar estates of this gorgeous coastal community. The schools in La Jolla are in the top 80-90 percentile in the state of California. With both the University of California and the Scripps University, this community is highly educated and well off. San Diego real estate listings in La Jolla averaged around the $2.1 million mark in 2007. And homes stayed on the market around 60 days.

San Diego Real Estate Listings in San Marco

If you’re looking at the San Diego real estate listings for a community focused on families and children then look to San Marco. This is one of the fastest growing cities in the nation. And almost a third of the population hasn’t yet turned 18. The area offers parks, pools, natural resources and a very low crime rate. Located in the North County area, and further inland than La Jolla, San Diego real estate listings in San Marco are a lot lower. Median list prices in 2007 hovered around $550,000; and they still sell on average in less than 60 days.
San Diego Real Estate Listings in the Sorrento Valley

The Sorrento Valley is the high tech Mecca of San Diego. Giants like Qualcomm and Motorala are based here- very close to the U of C over in La Jolla. These techies raise their families atop mesas that overlook the eye-catching valley of the Los Penasquitos Preserve. The Sorrento Valley is right between La Jolla and the North County Inland. Homes here tend to be newer, built in the late 1990s, and range form $400,000 to $1 million. This is a highly educated community and the San Diego real estate listings here have good public schools that prove it. Well-educated parents who are highly involved in their children’s education make their homes in this neighborhood.

This is just the tip of the iceberg for neighborhoods in the San Diego area. Each one has characteristics and homes that make it unique. To be certain- browsing the San Diego real estate listings is never boring.

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Real Estate for Sale in Mexico

December 26th, 2011

In the series of articles on Mexico Real Estate, this article touches one of the most important aspects of buying Real Estate in Mexico. Before you give any type of down payment or commit yourself to buying real estate for sale in Mexico, you should take a close look at a copy of the actual escritura or title deed for the property. If the seller is honest and has everything in order, then he should make this document available to you. You should then take the escritura to the notary public you are working with in order to check the deed’s validity.

If you are buying real estate for sale in Mexico from a developer, you should always have the notary public check all of the paperwork to see that developer has acquired all permits for the development and for the construction in good order. Remember that no matter what appearances may be, a certificate or formal letter that promises a deed on real estate for sale in Mexico at in future is not a deed, but instead is just a sales contract and should be viewed as such.

Before buying real estate for sale in Mexico, you should also have the notary public make sure that the land is not ejido land, which means communal or agricultural land. Even though the rights to use this type of land can be purchased, you need to realize before you do so that it is almost always a potentially risky deal, because it is not your property, you are only allowed to use it under a special agreement. If you want to purchase Property for sale in Mexico, it is always better to locate land that is not ejido that you will own outright at the time of purpose, since this will truly be your land and the danger of misreading the fine print is reduced.

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