Sales Tax on Escondido Real Estate

No 4% sales tax on Escondido Home Sales

Regardless of what you may have read or heard in newspapers or Internet articles, there is not a 4% transfer tax or sales tax on the sale of a San Diego North County homes included in the recently signed Obama Care health bill. 

The new health care bill does include other taxes, however.  One such tax is a 3.8% Medicare tax for some of the higher income households.  This tax will apply to “net investment income.”  The money from this tax will go to the Medicare hospital insurance program.  It applies to households with adjusted gross incomes in excess of $200k and to married couples making more (AGI) than $250k.   Capital gains are included as part of “net investment income” so sales of Escondido real estate held for investment purposes may have to pay an additional tax.   This new Medicare tax will not take effect until January 1, 2013.  

Before you make any tax decisions you should always contact your certified public accountant.  For great Escondido real estate information, contact Gary Harmon, your Escondido Realtor and real estate specialist.

7.2 Earthquake – Prepare for a Disaster

Three things you can do to prepare for a disaster at your San Diego North County  home.

  1. Have an emergency kit. You should have at least three days of supplies at your Escondido home in easy to carry containers. This is the base for your evacuation kit. You can make your own or buy them from the San Diego American Red Cross. Water, food, clothes, and sanitary items are a must.
  2. Have an evacuation plan. You should make a plan on how to evacuate your Escondido home. Talk to everyone about where to meet outside the home and who to call. Have a local number to call and also a number out of the area if possible. Local phone lines may be jammed.
  3. Be informed and keep informed. Know what type of disasters can happen in the Escondido real estate area and how to respond. The number one disaster that Escondido home owners have is fires. Here in San Diego North County we need to also be prepared for earthquakes. Keep a battery powered radio and keep updated. Store the batteries separate.

For more information on disaster plans and how to make one, contact the American Red Cross. For more information on Escondido real estate, call Gary Harmon, your Escondido Realtor.

Don't Miss the Boat on Escondido Homes

Don't Miss the Boat!Get your first-time home buyers tax credit on your Escondido home now.  Under current federal law there are only three days left to purchase Escondido real estate in order to get your tax credit.  That means you must have the Escondido property in escrow before May 1, 2010.   San Diego North County homes that are purchased before May 1, 2010, must close escrow by July 1, 2010.  There is a special exemption for members of the armed forces serving on extended duty.  These military personnel get an extra year to buy a first time Escondido home or other North County home.    San Diego military wanting to receive this tax credit can also receive an addition homes for heroes military discount, by contacting Gary Harmon to buy their San Diego Off-base Housing.

If you miss the current federal first-time buyers tax credit you have just missed out on $8,000 or 10% of the purchase price of your Escondido home, whichever is less.  To qualify for this credit you must have not owned a principle residence during the three-year period prior to purchase of the Escondido property.  If you owned rental property or vacation property, that does not disqualify you from this program.

If you just missed the boat, all is not lost because a new boat is coming.  It is the California first-time buyers tax credit.  It is worth $10,000 and starts May 1st.  To get more information on this credit and to qualify for a “Free iPad,” contact Gary Harmon, your top Escondido Realtor.

Escondido Starter Homes for Sale

Escondido Homes for Sale and Escondido Foreclosures

Welcome to my Escondido Starter Homes featured listing page.  You can click on the hot links below by price to get a fast start.  If you would like to see an area not shown you can set up your own personalized search by zip code, area, price, features, and much more.  You can start your own custom serarch here.   You can also see Escondido foreclosures, auction, or pre-forclosure homes at “Free Foreclosure Search.”  For your on  personalized tour of any of these Escondido homes contact Gary Harmon.
 
Escondido Starter Homes $300k – $400k
Escondido Homes $400k-$500k
All Other Price Ranges 
 
See Video and learn how to SEARCH LIKE AN AGENT!

Now is the Best Time to Sell Your Escondido Home

It is spring in the Escondido real estate area and the flowers around your Escondido home are starting to bloom.    The skies have cleared of rain and the days are mostly sunny.  The lawn is looking lush green and is at its very best.  First impressions of your Escondido property are always the most important. NOW is when Escondido buyers will get that great first impression when they drive up in front of your home. 

In is a know fact in the San Diego North County area that Escondido buyers like to buy in the spring.  One of the main reasons is that tax season is over and they can now concentrate on their Escondido home search.   Another reason is that buyers like to buy in the spring so they are ready to move when school is out for the summer.  After summer the Escondido real estate market slows considerably.  So, the best months to have your Escondido house on the market are April through August. 

The San Diego North County real estate market is getting stronger.  Data Quick released results yesterday saying  the market has improved and prices have increased over this time last year.  The State of California is coming out with a new tax credit of $10,000 on May 1st  to help boost California real estate sales for new and first-time home buyers.  Interest rates are still relative low.   So the best thing you can do is list your Escondido real estate now.

To get a free CMA (competitive market analysis) of your Escondido home, contact Gary Harmon, your top Escondido Realtor.

Oceanview for $130,000 – Unbelievable!

Get an oceanview home for under $130,000.  Sounds unbelievable, but it is true.  This is a mobile home, but 1900 esf and in a great location and a good park.  This home has 2 bedrooms and 2 baths. 

Other features include:  VIEWS! Rolling hills & ocean from porch, family rm, kitchen, living rm, etc. Esteemed 5-Star Park w/FABULOUS amenities & activities, spacious home on large homesite, close to ocean, shopping, restaurants, theater, bowling, Carlsbad, La Costa, Vista, etc. RV parking available. Home Warranty Included! Park rest on 74 beautiful manicured acres w/amenities & activities for all from the porch reclining/lemonade sipping view enthusiast to the most active tri-athlete!   Complex features include:  7900 square foot recreation center, spa, pool, tennis courts, putting greens, billards, craft room, shuffleboard, laundry, car wash, RV Parking & MORE!  Park rent is currently $730.72.For more informationon this listing or other San Marcos homes for sale, call Gary Harmon, your North County Realtor.

Escondido Homes – Rent vs Buy

Don’t miss this great opportunity to own a piece of Escondido real estate.  Don’t always be the person that is sending all their money to a landlord.  Gary Harmon is providing the table below so you can see how easy it is to own an Escondido home.  Take how much you pay in rent for your Escondido house and find that amount under an interest column, for example assume 5%.   Now go to the left and that will tell you roughly how much of an Escondido home you could afford.

Sorry about the size of the chart.  For example, if you pay $2,147 in rent for your Escondido house, look under the 5% column and read to the left.  You could own a Escondido home that cost $400,000.  Of course there are many other benefits to owning your own Escondido property.  To get more information about borrowing money see HomeServices Lending.  To get more information about buying Escondido real estate, contact Gary Harmon, your Escondido Realtor.

White Water Views in Oceanside for under $700k

Seacliff Oceanside HomesFind out how to Save an extra 1%.  Just east of the Escondido real estate area down Highway 78 lies the  City of Oceanside.  Oceanside as the name implies is right at the Pacific Ocean.  There is a new community of Oceanside homes for sale call Seacliff.  Seacliff combines all the elements of luxury and style with convenient urban amenities and coveted beach access.  These new condominium Oceanside homes for sale are perfect for those that love the ocean and everything that the Ocean harbor area has to offer.  Don’t miss this opportunity to own a piece of Oceanside ‘s newest urban jewel.

There is a Model A #2412 that is a 2br/2ba, 1057 esf model for $436,990.  The description is: top floor  with courtyard, corner condominium with many decorator features and upgrades.

There is a C Plan #2214 described as follows: 2br/2ba, 1196 esf, great view of the resort style pool, large picture windows, upgraded 18 x 18 tiles throught, granite counters and stainless steel appliances.  This is offered at $439,990.

There is a D Plan # 2403, 2br/2ba, 1,387 esf model described as: Top floor gorgeous, white water ocean views!  Large over-sized balcony with storage, upgraded granite counters.  Unit is offered at $748,990.

The last plan is the E Plan, 2br/2ba, 1,412 esf with incredible white water ocean views.  Corner condominium, large panoramic windows and 3 balconies!  Unit is loaded with upgrades and is offered at $699,990.

You can walk to the beach and harbor from your new Seacliff home.  To see these fine Oceanside homes for sale, contact Gary Harmon, your top North County Realtor.  To save an extra 1%, Gary Harmon must accompany you to your first visit to these great Oceanside Homes.  Gary will pay you 1% if you buy one of these condos throught him and close escrow by June 30th.

Ocean Hills Country Club

Ocean Hills CC Pool

Ocean Hills Country Club is located inland about 4 miles from the Pacific Ocean.  It is south of  Interstate 78 off  Melrose and to the west end of Cannon.   Just turn left on Leisure Village Drive to enter the front guarded gate.  Ocean Hills Country Club is an over 55 (55+), active, senior, retirement community of both detached and attached homes.  If fact, there are over 1600 homes with various floorplans.  See Ocean Hills Country Club Floorplans.  Since all are painted white with red tile roofs, you will definitely need a Street Map of Ocean Hills Country Club.

To view Ocean Hills homes for sale and you will need a Realtor to get you inside the gated community.  Contact Gary Harmon, your North County Realtor, to get a tour of the Ocean Hills Country Community.  Gary can also show you the other senior communities in Oceanside just west of the Escondido real estate area.  These senior communities are Emerald Lake Village and Oceana Homes.

Fix Up Your Escondido Home for Spring

Considering selling your Escondido property this spring?  Now’s a good time to complete some spring maintenance to make sure your home is in tip-top shape.   Even if you aren’t planning to sell your Escondido home, you should still add these chores to your list to help preserve your home’s value and help avoid major repairs later on.

Check the outside of your Escondido Property

Look for any damage caused by winter’s weather. Check for those sagging or loose gutters.  Over the fall and winter, leaves, dirt and debris may have accumulated in your gutters.  Check your gutters for clogging and damage and schedule an appointment for cleaning. Check the condition of your stucco, clean or patch if necessary.  Check the eaves and patio cover for dry rot.  Promptly schedule repairs for those items you can’t do yourself.

Walk around your yard as if you were a first-time visitor. What impression does your Escondido real estate make?  Loosen the soil around perennials, plant annuals or a vegetable garden. Prune shrubs and trees.  Fertilize you lawn and remove weeds from the flowerbeds.

If your sprinklers have been off for the winter, turn them back on. Test your automatic sprinkler system. Reset your timer.  Replace old washers or sprinkler heads.

Don’t forget the backyard! Is it time to condition your deck? Be sure to hammer in any loose nails, or replace them with galvanized deck screws. Replace any broken boards or rails. Consider renting a power washer to clean dirt and mildew from the wood, and then apply an all-weather sealer or stain. Then dust off that patio furniture you kept protected over the winter.

Repair any broken fence boards and paint or seal them as needed. Wash windows and screens.

Take a Tour Inside Your Escondido Home

Start making a list of things to do in each room. Then go to work. Dust walls and ceilings to remove cobwebs and wash any grimy areas. Wash window curtains or remove drapes for dry cleaning. Deep clean rugs and carpets. Dust and polish wood or laminate floors.  Make sure tile grout is clean.

Clean fan blades using mild soapy water. Check the central air-conditioning unit for debris and obstructions; vacuum the main condenser coil on top of the unit.

Make sure all exhaust fans and vents are clean and clear.  Don’t forget to remove the lint buildup from the clothes dryer vent.  Take strainers off the ends of all the lavatory faucets and clean them.

One often-overlooked area is the fireplace.  Be sure to sweep ashes carefully into a dustpan.  Have the flue professionally cleaned every few years. Look around for clutter. Are there items you don’t use any longer?  If you are planning on moving, what items will you not need? Consider having a garage sale and then either donate or trash the remaining items.

And lastly, don’t forget to replace batteries in smoke detectors and change air filters.  A good time to change them is when you change your clock for daylight savings.

Although performing these spring chores may be dreaded task, they go a long way in maintaining and even enhancing the attractiveness and quality Escondido your home.  With more buyers out and about, you must be sure your Escondido property is ready for its next new owner!

For more information read “100 Ways to Prepare Your Escondido Home for Sale.”

If  you are considering placing your Escondido home for sale, call Gary Harmon, you top Escondido Realtor.