Leave a comment » Tips on How to Attract Great Residents to your La Jolla Real Estate Rental!Today, it is not uncommon to see La Jolla Real Estate homeowners turning into landlords.
There are plenty of nightmare stories out there about bad tenants, but following a few simple guidelines will help attract the right kind of tenants.
Click Here: Beautiful La Jolla Luxury Home for Rent!
Location is key to draw the attention of responsible tenants. Desirable neighborhoods lower the possibility of bad residents. In addition, your La Jolla Home should be in good condition and appear well maintained and completely redone in both the interior and exterior.
Put "For Rent" signs on your yard. Prospects contacting you from a sign they have seen on your yard should be considered serious since they know the home's exact location and have already taken a look at the home's exterior.
Be quick to reply and answer questions about your La Jolla Real Estate property, this will make all the difference.
Most important of all, you must conduct a background check on your prospective tenants. This will ensure that what the prospective tenant is telling you is true.
Also you must adhere to a written tenant selection plan that is in compliant with all Federal, State and Local Fair Housing Laws and the Federal Fair Credit Reporting Act.
For more information on any La Jolla Luxury Homes for Sale, contact:
Maxine & Marti Gellens http://www.lajollacommunities.com/00A4E2 Posted on November 26, 2009 19:17:18 by Marti Gellens
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Leave a comment » Compare your La Jolla Luxury Home with the List of Priciest Residential Real Estate in the United StatesUltimate Homes, an annual publication that ranks the nations most expensive residential real estate has released its latest list of the most impressive homes for sale in the United States.
Read Also: Exquisite Oceanfront Beauty - Bird Rock La Jolla Homes For Sale!
Top Home 1: French-style mansion in Holmby Hills, CA owned by Candy Spelling, widow of Aaron Spelling offered at $150 million. The home features a bowling alley and sits on 4.7 acres with about 56,500 square feet of living space.
Top Home 2: A $125 million mansion also located in Holmby Hills, CA modeled after France's Versailles palace and featuring gold-leaf crown molding, gold-embossed leather wall coverings and Italian marble walls.
Top Home 3: Secluded mansion found in a pine and aspen forest in Lake Tahoe, NV offering 20,000 square feet of living space on 210-acre grounds and put on the market for $100 million.
Top Home 4: Traditional Italian Villa in Newport Beach, CA offered at $87 million with about 18,000 square feet of living space on 12.5 acres and a private lake.
Top Home 5: Masterpiece in Bel Air, CA offered at $85 million featuring a grand ballroom and 19 fireplaces.
Top Home 6: Honolulu, Hawaii estate with private boat dock and boathouse offered at $80 million.
Top Home 7: Oceanfront Del Mar, CA residence sitting on a secluded 5.5 acres offered at $76 million.
Top Home 8: Neo-Italian Renaissance mansion in New York featuring a marble staircase and a reception hall offered at $75 million.
Top Home 9: Simi Valley, CA ranch with equestrian facilities and 17,000 square feet of living space offered at $75 million.
Top Home 10: Portabello Estate in Cameo Shores, Corona del Mar, CA with bowling alley and Art Deco Theater. Offered at $75 million.
Top Home 11: Greenwich, CT 40-acre property on the market for $75 million with 52-foot indoor pool and 15th century fireplace mantel.
For more information on any La Jolla Luxury Homes for Sale, contact:
Maxine & Marti Gellens http://www.lajollacommunities.com/00A488 Posted on November 23, 2009 21:56:15 by Marti Gellens
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Leave a comment » First-Time La Jolla Homebuyers - Take Advantage of this Time to Purchase La Jolla Real Estate!Now, more than ever is the perfect time for first-time homebuyers to purchase a La Jolla Real Estate Home!
The president and founder of Weichert, Realtors, one of the nation's largest independently owned real estate companies, encourages first time homebuyers to take advantage of this time.
He states that both mortgage rates and home prices are favorable and that recent economic news is encouraging, all great reasons to buy La Jolla Real Estate. Read Also: La Jolla Home Shopping Tips for 1st time home buyers
Recent signs of a stabilizing market mark another incentive to start looking into the available La Jolla homes for sale. According to the National Association of Realtors, home sales increased in 39 states in the second quarter of this year. Furthermore, for the first time in three years there was an increase in the value of homes.
Another noteworthy reason for buying a home in this time is that it can save you money. La Jolla Home Buyers can chose a fixed-rate mortgage, which can be locked in to a lower, less expensive payment that will stay the same. Rent on the other hand can increase yearly.
Opportunities like these make the dream of homeownership an attainable reality.
For more information on any La Jolla Luxury Homes for Sale, contact:
Maxine & Marti Gellens http://www.lajollacommunities.com/00A482 Posted on November 20, 2009 19:41:28 by Marti Gellens
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Leave a comment » Good News for La Jolla Real Estate - Housing Market Showing Signs of RecoveryThe National Association of Realtors reports that existing-home sales marked their third monthly rise in June as well as declining inventory and home prices decreasing at a slower rate.
Existing-home sales in June rose 3.6 percent to an annual rate of 4.89 million units, from a downwardly revised 4.72 million pace in May.
This rise occurred in all major regions of the country and provides hope for a consistent increase to continue including in the La Jolla Real Estate market.
Despite this good news, many Realtors are reporting lost sales as a result of new appraisal standards. NAR chief economist Lawrence Yun states that normal homes have been compared with distressed homes sold at a discount, which often are in inferior condition. This causes real harm to both buyers and sellers. Yun recommends the use of appraisers with local expertise to prevent this from happening.
Read Also: Majestic Soledad La Jolla Luxury Home for Sale!
Although there are challenges, the housing market is showing signs of recovery. The first time homebuyers tax credit has been a major incentive for purchases of La Jolla Luxury Homes and it is contributing to the healing economy.
The inventory of existing homes for sale declined 0.7 percent to 3.82 million in June. This represents a 9.4-month supply at the current pace of sales, down from a 9.8-month supply in May. The median national home price fell 15.4 percent to $181,800 from the same period a year ago.
The volume of sales, including La Jolla Real Estate sales need to stay above the level of new inventory so that prices can stabilize in many areas by end of the year.
For more information on any La Jolla Luxury Homes for Sale, contact:
Maxine & Marti Gellens http://www.lajollacommunities.com/00A47D Posted on November 17, 2009 09:43:39 by Marti Gellens
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Leave a comment » Is Title Insurance Really Necessary for your La Jolla Real Estate Home?Owning real estate, whether in La Jolla or anywhere else in San Diego County is often a family's most important achievement. It is critical to be protected against "human error" defects, or unpredicted claims that can cost you true ownership of your La Jolla Real Estate Property when you are making such a vital and expensive purchase.
All co-owners of the property must be party to the sale. It is true in most states that it may take one person to buy the property, but several to sell it. Title Insurance ensures that all rights are true and claims are extinguished before transfer of the property into your name.
Read Also: Reduced Price on Beautiful La Jolla Shores Luxury Home!
La Jolla Real Estate that is sold without a complete search of the title, or is improperly searched and cleared for sale is protected by Title Insurance after the sale. You might buy property without any knowledge of claims or liens, but you are protected later if you have title Insurance.
Cost of title insurance requires a onetime payment, based on a percentage of the price for the property. It is your best insurance against loss later down the line. What seems like a no brainer to many of us is still an optional expense that some ignore. There are countless sad stories about loss of property out there, and they all could have been avoided with proper title insurance.
The savvy La Jolla Home Buyer would not be caught dead without Title Insurance. Title insurance will protect you, the buyer, against all costs of a valid claim against the property after the purchase. It's the smart thing to do!
For more any information on La Jolla Homes for Sale, contact:
Maxine & Marti Gellens http://www.lajollacommunities.com/009FD4 Posted on October 27, 2009 16:33:23 by Marti Gellens
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Title searches trace
ownership back to the original federal or state ownership, one owner at a time.
Liens on the property since the previous sale such as IRS liens or lenders'
liens must be cleared so that the property is completely yours upon closing of
escrow. Improvements to the property must be listed as part of the contract, to
assure they are included in your purchase.
