Four Home Development Opportunity in Costal Carlsbad

 

Current Use of this Carlsbad Investment Property

The lot is currently developed with an older home (998 Pine) that is rented for $1,775/mo.,a garage/storage facility rented for $250/mo., and a small house (996 Pine) w/gas &7 electric disconnected that is rented for storage & parking @ $400/mo Total income is $2,425/mo. Please note: All information is from sources deemed reliable, but has not been verifyed and is not warranted in any manner by the O wner’s or their agents. The information is provided subject to the possibility of errors, ommissions and change of conditions without notice. Buyer is to verify all information prior to COE. Please see ATTACHMENT for project details. Lis ting agent is part owner.  This property is a short sale.  Learn more about short sales.

Get your personal tour of Carlsbad homes for sale, including Carlsbad Ocean View Homes, contact Gary Harmon

See all Prudential Residential listings in my office.

Above Carlsbad home was provided by Gary Harmon – DRE #01007062.
Information courtesy of Prudential California Realty is subject to verification and is not guaranteed.

See current photos of this Carlsbad Investment Property.   See more at Costal Carlsbad Income Property and Costal Carlsbad Home.

For more information contact Gary Harmon, your top Carlsbad Realtor.

Ocean Hills Best Real Estate Agent

Is Gary Harmon the Best Ocean Hills Real Estate Agent?

If you are looking for the best Realtors in Ocean Hills Country Club, then spend a couple of minutes reading about Gary Harmon and the Sandi Hadley Team with Prudential California Realty.  Hiring the right real estate agent who really knows the Ocean Hills Cuntry Club homes is the best thing you can do to make sure that when you buy a home, or sell your home, you’ll have the best result possible.

 

Gary Harmon and the Hadley Home Team

Gary Harmon is a top Realtor with the Hadley Home Team in North County San Diego.  Gary Harmon, Sandi Hadley, and the other team members live and work in many areas of San Diego North County, and we are experienced and committed members of many of the communities we serve.  As you may have read, Prudential California Realty was voted San Diegos Best Real Estate Broker by the San Diego Union readers poll.   With over 5000 agents, we help buyers and sellers with more real estate transactions than all the other real estate companies combined.

Sandi Hadley and her select team of top real estate agents consistently are awarded for their excellence in sales and quality, and once again this year we were #21 out of all the Prudential agents for number of homes sold. That’s not a small feat considering the quality of real estate agents that Prudential California Realty makes available to the Southern California market. It’s even more impressive when you realize that we not only sell more than 99% of all the other agents, but that we do it with style, grace, integrity and professionalism.

Gary is trusted, involved, and experienced.  He’s been selected for top awards within Prudential California Realty.  He’s mentored new agents, training and guiding them to success.  He has been the Sales Mannager (Assistant Manager) for Prudential Escondido and Prudential California San Marcos and is eCertified.  

But none of that necessarily makes Gary Harmon the best Realtor in Ocean Hills, does it?  Of course not.  What makes anyone the best at what they do is that they do it better than most, do it with passion, and do it FOR YOU. That’s a commitment made each and every day to every single person who wants to buy a home, and to every single person who wants to sell their home. It’s a commitment backed by a team of experts who know it’s not about who the best real estate agent in Ocean Hills is, but rather who the best real estate agent in Ocean Hills is for you!

If you’d like to find out if Gary Harmon is really the best real estate agent amoung all the Ocean Hills Country Club Realtors, or just simply the best real estate agent for you, then Contact Gary Harmon, your top Ocean Hills Realtor.

MLS Search and Free Foreclosure Search

Find San Diego North County homes with MLS Search and Free Foreclosure Search. Search like an agent with ListingBook. Use all the friendly searches below:

This is a fabulous time for San Diego North County home buyers!  Short-sales, pre-foreclosures, and bank owned North San Diego properties are available and can be found with the search tools on this website. Don’t expect today’s prices to be around forever. The banks have finally become aggressive about pricing Carlsbad homes for sale, Oceanside homes for sale, and other great North County homes.  Many North County Homes, such as Ocean Hills Country Club, now have the lowest prices seen in years.   It is also a great time to buy.  For more information, or to see San Diego North County real estate , contact Gary Harmon,  a  Hadley Home Team Realtor.

San Diego North County Condos

YOU’VE FOUND YOUR DREAM North County Condo, and you’re ready to relax among the mango trees and swaying date palms. Hold everything. To keep from getting stuck with a lemon, you’ve got to do some homework. Here are the seven most important questions you need to ask before buying a condo.

  1. “What’s the beef?”  Take a look at the minutes of the condo association board meetings to see what the owners have been griping about. If everyone was complaining about the faulty plumbing or the gardener’s absence, you know that the complex is having management difficulties. Even if there aren’t any complaints, reading the minutes will reveal the sorts of projects that are under way at the complex — projects the seller may have neglected to mention.
  2. “Who’s been naughty and who’s been nice?”  Find out the delinquency rates of present owners. If people aren’t paying their association dues on time, that is either a sign of discontent or an indication that the association might be underfunded.
  3. “How much is in the repair fund?”  Ask if the community has done a reserve-fund review in the past five years. Lester Giese, the author of The 99 Best Residential & Recreational Communities in America, recommends the following formula: If the complex is one to 10 years old, the reserve fund should have 10% of the cost of replaceable items (roofs, roads, tennis courts, etc.). Between 10 and 20 years old, the repair fund should be at 25% to 30%. At 20 years, that amount should be 50% or above. Residents who brag that they don’t pay much in maintenance may be in a complex that either is not being kept up well or is living beyond its means.
  4. “Can you cover me?”  If you look at nothing else, get a copy of the certificate of insurance, which is a summary of the association’s policy. First see if the replacement costs covered by the policy are an accurate estimate of the cost of rebuilding. Then make sure that the policy has a building-ordinance clause, which means that the insurance will cover the cost of bringing the building up to code if there is any rebuilding to be done. On older buildings, there may have been many code upgrades since the time of construction. Finally, make sure that you understand exactly what the association policy covers and what you are responsible for. The smart condo owner will insure his or her personal belongings, along with any other items within the unit that are not covered by the association’s policy. If you have trouble understanding the insurance lingo, take the insurance certificate to an agent whom you trust and who understands the state laws.
  5. “Does the association present any legal problems?”   Buying a single-family home without a lawyer is no big deal for many people. But with a condo, there’s so much more involved. Contact a local real estate lawyer and have him or her go over the bylaws of the association. Do they make sense? Are they consistent with the state laws? Giese, the author, once found that the association bylaws of a large garden-style condo complex had been lifted from the books of a high-rise condo, leaving confused tenants with rules about shared hallway space and the correct use of garbage chutes. And go beyond looking at the bylaws: Have your lawyer screen the association at the local courthouse, to see if any owners have filed suit against it.
  6. “Is the complex renter-friendly?”  If the renter population is over 10%, there should be clear rental policies, either listed in the bylaws or tacked on as an amendment. Does the management company find renters for you? If so, do they get enough good renters? Ask other tenants about their experience. In addition, ask to see the association’s rental lease, and have a real estate lawyer look it over. Keep one thing in mind, though: An association can change its bylaws to prohibit or restrict renting at any time. The more owners who rent, the less chance that will happen.
  7.  “Am I my community’s keeper?”  Watch out for a condo whose owners manage the place themselves. Although many are operated efficiently, self-management can lead to more hassles for owners — especially those who live thousands of miles away. If the complex is professionally managed, check out the management company as thoroughly as you check out the association. Ask other owners. Ask people in nearby buildings. And be sure to interview the day-to-day manager directly. If you hook up with a bad manager, you can be sure of this: Your dream condo will keep you up at night.

The above information was taken from the “Escrow Examiner” provided by Pickford Escrow, one of my “winning team members.” 

To get more information on buying San Diego North County Condos, contact Gary Harmon, your North County Realtor.

Renter to Owner

Moving from “Renter” to “Owner” may be easier than you think!

You may be able to find a San Diego North County home with a total monthly payment comparable to your current rent payment!

  • Example:
    Interest rate is provided for illustrative purposes only. Rates change daily. Contact HomeServices Lending for current rates.

Get Started Now

Take your first step by talking to one my winning team members,  HomeServices Lending.    Selecting a lender for your new San Diego North County home can be just as important as finding the right listing. That is why Gary Harmon has made HomeServices Lending, the second member of his winning team.  Home Services Lending is affiliated with Wells Fargo Bank.  Financing can often make the difference in getting the home of your dreams, or not. That’s why it’s important to talk to a mortgage loan professional before you start house-hunting.  Gary Harmon has selected Greg Gossard, Senior Mortgage Consultant, as mortgage professionals for his team.  Greg will take the time to explain the options available to you and recommend a Wells Fargo Bank loan program or other loan program designed to meet both your short term and long term objectives.  You can contact Greg directly at 858-720-7744 or email at Greg@TheGossardGroup.com.  Be sure an mention, Gary Harmon sent you.

Because of great rates, now is a “good time to buy. ”

San Diego North County Property

 

Gary specializes in San Diego North County homes including:  Carlsbad homes, Oceanside homes for sale, Encinitas homes, Vista, San Marcos, and Escondido real estate.  Gary Harmon also specializes in San Diego North County homes for over 55 seniors.  North County Homes for Over 55 (55+) covered on this blog include  Oceana homes, and Emerald Lake Village (all in Oceanside). Other homes included are Rancho Carlsbad homes (Carlsbad), Oaks North homes and Seven Oaks homes (both in Rancho Bernardo).Ocean Hills Country Club homes.

First-Time Home Buyers – HomeInfoSanDiego.com

National Association of Realtors Survey

According to a National Association of Realtors survey of buyers and sellers, first-time homebuyers accounted for half of all home sales from July 2009 through June 2010.  That’s the highest share of first-time-buyer purchases in the history of the survey.  This large number of first-time home buyers was due to the generous incentives offered by both Federal and State Governments.  The survey dates back to 1981.

The typical first-time buyer was 30 years old (compared to a median 49 years old for repeat buyers and 39 years old  for all buyers) and planned to stay in their home for a median of 10 years. Repeat buyers planned to stay for 15 years. Typical sellers had remained in their previous home for eight years.

87% of home buyers started on the Internet

Almost half (48 percent) of buyers found their agent through a referral from a friend, relative, or neighbor; the next highest percentage, 10 percent, used a website.  According to the National Association of Realtors, over 87% of home buyers started their seach for a home on the Internet.

The most valuable website feature for San Diego North County buyers was the presence of photos: 85 percent said they found photos “very useful.” Detailed property information was very useful for 83 percent and virtual tours were very useful for 61 percent.  That is why this blog, www.GaryHarmon.com and my main website, www.HomeInfoSanDiego.com, offer a plethora of great photos.

On the main website you can search by using the main search buttons: Foreclosure Search, MLS Search, Over 55 Homes, Ocean Hills C C, Ocean View Homes, La Costa Homes, and Contact Gary.  If you want know more about the San Diego North County real estate communities you can go to the community buttons of: Oceanside, Carlsbad, Escondido, Vista, San Marcos, or Encinitas.  Your search possibilities only start with the main search buttons.  There are over 200 pages of custom, relevant, San Diego North County homes real estate content available on “HomeInfoSanDiego.com.”  Many communities, such as “Ocean Hills Country Club Homes,” have their own websites within the main website.

Enjoy this San Diego North County real estate resource, and for personal attention, contact Gary Harmon, a top North County real estate agent.

Current Mortgage Rates May Go Up – HomeServices Lending

Mortgage Bankers Association Releases Statement

When buying San Diego North County homes, expect fixed mortgage rates to go up over the next few years.  So, now is the time to buy that Carlsbad home for sale, Oceanside home, Vista CA home, San Marcos CA home, Escondido real estate, or Encinitas home.  I work with HomeServices Lending and would be glad to put you intouch with a great mortgage broker.  Find out what size of San Diego North County home you can afford now. 

Dont’t Miss the Boat

Now is the time to get into action, don’t miss the boat.  Now is the time to get off the fence and to buy that San Diego North County home.   According to the Mortgage Bankers Association statement released on October 26, 2010, fixed mortgage rates are expected to average about 4.4 percent in the fourth quarter of 2010, increase to 5.1 percent by the end of 2011, and head towards 5.7 percent in 2012. A 1% increase in mortgage rates will make a significant change in the average monthly San Diego house payment.

Rate Increases and Monthy Mortgage Payments

We will look at the effects of a rate increase on your month payment assuming you purchased a $500,000 home, put down 20%, and took out a home mortgage of $400,000.

  1. Using the 4.4% rate for a $400,000 mortgage your North County home mortgage payment would be $2003.04.  These examples just include principal and interest, they do not include taxes and insurance.
  2. At 5.1% for the same $400,000 mortgage, your payment for principal and interest would be $2170.80 for your 30 year loan.
  3. At 5.7 for the same mortgage amount of $400,000, your payment will be $2321.60.

Many San Diego North County buyers that can qualify for a loan at 4.4% can no longer afford the same North County house at a mortgage of 5.7%.   They would have to buy something much cheaper.   Get actual numbers on what you can afford.  Contact Gary Harmon and let him introduce you to a great mortgage broker at Home Services Lending.  Start looking for your San Diego North County dream home today.

Other Key Points

• Real GDP growth will be 2.2 percent in 2010, although most of that was seen in the first quarter and growth is estimated to have slowed to around 1.5 percent in the third quarter and 1.9 percent in the fourth quarter. Growth is expected to be about 2.1 percent in 2011 and 3.0 percent in 2012.
• The unemployment rate will increase from the current level of 9.6 percent to 9.9 percent by the first quarter of 2011, end 2011 at 9.5 percent, then fall to 8.7 percent by the end of 2012. Mortgage delinquency and foreclosure rates should track this downward trend in the unemployment rate.
• Fixed mortgage rates are expected to average about 4.4 percent in the fourth quarter of 2010, increase to 5.1 percent by the end of 2011, and head towards 5.7 percent in 2012.
• Total existing home sales for 2010 will be around 8 percent lower than in 2009, despite a boost to sales in the first half from the homebuyer tax credit program. Existing home sales are projected to increase modestly in 2011, increasing by a little less than 2 percent, before increasing by about 16 percent in 2012.
• New home sales for 2010 will be down by about 13 percent relative to 2009. We estimate that new home sales bottomed in the third quarter of 2010 and will begin a slow recovery in 2011, increasing around 20 percent from a low base, and then increasing 40 percent in 2012 as markets recover.

Building Real Estate Wealth with Carlsbad Investment Properties

Build Carlsbad Real Estate Wealth – Follow these steps.

San Diego North County real estate investing has probably made more millionaires in San Diego than any other thing.  One of the most popular areas is Carlsbad homes.  The current Carlsbad homes market is in turmoil to be sure.  However, this just may be the right time  to start building real estate investment wealth by investing in Carlsbad homes for sale.  Prices of Carlsbad investment properties are low and interest rates are also favorable.  If you want to start building your North County real estate investment portfolio, you may be at the right place at the right time, especially if you plan to invest in Carlsbad real estate.  Carlsbad investment properties have most always been a good investment, but when you buy them for depressed prices your chances for gain are great.

  • Save, save, save your money.  You need a downpayment for most Carlsbad property investments.
  • Clean up your credit scores.  This helps you get better interest rates for Carlsbad real estate.
  • Buy San Diego North County investment homes.  Choose Carlsbad homes.  Location, location, location.
  • Shop around to get the right Carlsbad real estate at a good price. Gary Harmon, your Carlsbad Realtor can help.
  • Don’t try to save too much money by doing everything yourself.
  • Know the current rates for Carlsbad property investment homes.
  • Refinance everytime it makes sense. See Home Services Lending.
  • Upgrade tenants for your Carlsbad home with better tenants when possible
  • Consolidate or upgrade to larger investment properties when possible.

Find Carlsbad Investment Properties

For more information and to get great personal service, contact Gary Harmon, your top Carlsbad Realtor.  Gary also specializes in Carlsbad Ocean View homes and Carlsbad Ocean Front Homes.

613 Bush Lane, San Marcos, CA 92069

Great San Marcos Value

Listing Price: Seller will entertain offers between $350,000 – $395,876.
Size: 2020 esf
Bedrooms: 4
Baths: 2.5
Comments: Must see – not a short sale. Beautiful San Diego North County home in gated community of Vistancia in San Marcos. Great views of the night lights of the City of San Marcos.  Backs to a park.  For more information on San Marcos homes, contact Gary Harmon, your San Marcos Realtor.

Reasons to Buy San Diego North County Homes

  • Fantastic weather and amazing natural beauty.
  • You can get a good deal on North County property- Search all San Diego North County Homes listings today.
  • You can save money on home improvements.   Many North County contractors are not as busy and will cut you a deal.
  • You’ll save on both Federal and State taxes.  Real estate tax deductions on your North County home are still some of the best ways to save on your tax return. 
  • Mortgages are cheap.   Interest rates are still.  Check with HomeServices Lending today to see what rate you could get.
  • You will own it.  There is still something to say about the pride of San Diego home ownership.  You can decorate it your way.
  •  It offers inflation protection.  Once your loan rate is locked in and you have closed on your home you have great inflation protection.
  •  You’ll get a better home.   When you buy you often can have more San Diego North County homes to choose from than when you rent.
  •  It’s forced savings.  Each month you make a payment you are saving for the future.  You create a little bit of equity each month.
  •  It’s risk capital.  You are buying your North County real estate with mostly the other man’s money, your loan.
  •  There is a lot of inventory to choose from.  The selection of San Diego homes is great including North County homes for over 55 seniors like Ocean Hills Country Club homes or great ocean view homes, like Encinitas ocean view homes, Carlsbad ocean view homes, and Oceanside ocean view homes
  • The market will clear and return to growth. .

For the best in San Diego North County real estate services (buying or selling), contact Gary Harmon, your top North County Realtor.