3518 Turquoise Lane – Emerald Lake Village Home

This special Emerald Lake Village home sits on the greenbelt above the pool, fountain, and club house area. This is the best location in Emerald Lake Village.   See virtual tour below of 3518 Turquoise Lane.


This home is available through Gary Harmon, Prudential California Realty, for $310,000.  This home is very open with vaulted ceilings, spacious living room, and large kitchen. There is a nice guest bedroom with its own bathe, and a large master suite with walk-in closet. There is a  two car attached garage. Between the garage and the kitchen is a covered, private patio.  This is the largest floor plan available in Emerald Lake Village and seldom comes on the market. Emerald Lake Village is a over 55, senior, gated community in Oceanside, CA . Emerald Lake Village is a gated, over 55 (55+) senior, retirement, community located in Oceanside, California. Emerald Lake homes are 161 manufactured homes, constructed in the factory, and assembled on site, and attached to a permanent foundation. The Emerald Lake Village homes are attractive, Cape Cod in style, 2 bedroom/2 bath homes with attached 2 car garages. There are seven floor plans ranging in size from approximately 1175 esf to 1750 esf. Most homes have vaulted ceilings, indoor laundry facilities, and one or more patios. Everything possible has been done to make these detached modular homes not feel like manufactured homes, and they don’t. The community of Emerald Lake Village is a pristine, gated, village of quiet homes with well maintained grounds. Amenities include a 3500 esf community center which is the favorite meeting place for social activity in Emerald Lake Village. The Village clubhouse includes a large meeting room with a full kitchen. That room can be reserved by residents for large parties. Next there is a multi-purpose meeting room that serves as the ideal place for residents to meet with their favorite clubs or host parties, dances and meetings. Finally, there is a beautiful swimming pool, a spa/hot tub, and BBQ grills. Behind the clubhouse is the greenbelt. There are also many walking trails and a place to store you RV. Emerald Lake RV parking is $25 a month when available.  See a YouTube virtual tour of the Emerald Lake Village Community.


One of be best ways to serch for Oceanside homes for sale is to use Gary’s Listingbook. You can learn to “Search like an agent.” Set up your own searches and be notified when new listings hit the San Diego North County real estate market. View the Gary Harmon Listingbook instructonal video and click on the Listingbook logo to set up you personalized account today.  Find out more about Emerald Lake Village, a San Diego retirement paradise.  See other North County homes for over 55.

For a personal tour of Emerald Lake Village and 3518 Turquoise Lane, contact Gary Harmon, your Senior Realtor.  See map for location.

Ocean Hills Best Golf Course View

Ocean Hills best golf course view home is 5010 Corinthia Way, Oceanside, CA 92056. Panoramic 180 degrees. Popular Costa Smeralda model. Recently remodeled. Ray Barber gourmet kitchen featuring rich wood cabinets, granite countertops, and stainless steel appliances. Custom stone fireplace with granite hearth. Newer paint and carpeting. New windows and doors. No expense spared on this remodel. Upstairs loft makes great home office. Morning breakfast room with view of the courtyard. New vinyl fencing and roll up garage door.

5010 Corinthia Way, Oceanside, CA 92056

View all photos of this Ocean Hill home. 

Get a private tour of this Ocean Hills Home  listing, contact Gary Harmon, your Ocean Hills Realtor.

Ocean Hills homes offers the best in over 55 real estate at the upscale, affordable, retirement living community. Ocean Hills Country Club  is like living at a vacation resort. This exclusive guarded and gated community sits high on a hill 30 miles from downtown San Diego. It is inland about 5 miles from the coast with some Ocean Hills homes overlooking the Pacific Ocean in the distance. Other Ocean Hills homes, like this one, are located on their beautiful 18 hole executive golf course. There are greenbelts throughout the Ocean Hills real estate area to give the feel of separation and space. There are no green fees since these are included as part of the association fees. Ocean Hills Country Club homes enjoy the great year round San Diego mild weather. Health Care: There are good health facilities near Ocean Hills. Tri-City Medical Center is a designated cardiac and stroke treatment facility. Shopping: There is also an abundance of shopping available near Ocean Hills homes. Besides the many fine neghiborhood shopping centers, there is Carlsbad Regional Mall. Just to the south, also in Carlsbad is the Carlsbad Outlet Center featurning high end fashion at discount prices. Architecture: The architecture found in Ocean Hills Leisure Village and the street names are inspired by Mediterranean Sea Villages and Aegean hill towns, with red tiled roofs and bougainvillea-covered white stucco walls. There are 1633 of these 55+ North County senior homes in the Ocean Hills. Association and Management Company: The association maintains all Ocean Hills homes exteriors. It also maintains the front yards from your front gate to the street. Ocean Hills Country Club is managed by Professional Community Management (PCM). This Ocean Hills retirement community has won over 10 major national and regional awards including the Gold Nugget Grand Award for Best Retirement Senior Community.

Details for 5010 Corinthia Way, Oceanside, CA 92056

Built in 1987
Age Restrictions: 55 and Up
View: Panoramic,Golf Course
Topography: Level
Site:
Additional Land Use:
Boat Facility:
Frontage:
Guesthouse:
Mello Roos: $0/Not Known
HOA: $419/Monthly
Amenities: Clubhouse/Rec Room,Exercise Room,Gated Community,Golf,On-Site Guard,Pool,Recreation Area,RV/Boat Parking,Spa/Hot Tub,Tennis Courts
Miscellaneous:
Pets: Yes
Parking: 2 car garage
Lot Size: 4,000-7,499 SF
Master BR: 18×15
Bedroom 2: 15×13
Fireplace: FP in Living Room
Pool: Community/Common
Patio:  Front and rear with brick and concrete
Spa: Community/Common
Laundry: Laundry Room
Cooling: Central Forced Air
Heating: Forced Air Unit
Irrigation: Underground
Floors: carpet and tile
Fence: Full
Roof: Tile/Clay
Sewer: Sewer Connected

One of be best ways to serch for Ocean Hills Country Club Homes is to use Gary’s Listingbook. You can learn to “Search like an agent.” Set up your own searches and be notified when new listings hit the San Diego North County real estate market. View the Gary Harmon Listingbook instructonal video and click on the Listingbook logo to set up you personalized account today.  Above Oceanside listing of the day was provided by listing agent Gary Harmon – DRE #01007062.
Information courtesy of Prudential California Realty is subject to verification and is not guaranteed.  5010 Corinthia Way, Oceanside, CA 92056.

Carlsbad Homes – Purchase Reverse Mortage

Maybe you have retired and no longer have an income.  Maybe have lost your job.  Perhaps your credit score is a little too low for a regular loan.  A purchase reverse mortage could be a way for you to get a loan to buy that Carlsbad home.   Below are some of the benefits of a purchase reverse moretgage.

FHA Purchase Reverse Mortgage Benefits 

     -No income required                    
     -No minimum credit score
     -No Income to Debt ratio             
     -Down payment can be a Gift
     -No Mortgage payment for life       
     -No minimum or maximum sales price
     -Can own other properties 
     

You need to be 62 years old to qualify for a purchase reverse mortgage.  A Reverse Mortgage will cover as much as 77% of the price of the home!  A Purchase Reverse Mortgage can eliminate the need for a Carlsbad homebuyer to make a house payment. All that is needed is the down payment and closing costs the Reverse Mortgage will cover the remaining balance!

The age of the youngest buyer and the value of the Carlsbad home are what determine how much money is needed to close.

Use the table below to see what you could expect with an appraised home value of $309,000.   Contact Gary Harmon, your San Diego North County Senior Realtor, for different purchase (appraised) values up to $625,000. have included the Down Payment and estimated closing costs.

purchase reverse mortgage

See Gary’s other articles relating to purchase reverse mortgages:

Reverse Mortgages – Frequently Ask Questions

Reverse Purchase Mortgage – Ocean Hills Homes

Purchase Reverse Mortgage Examples – Oceanside Homes for Sale

Reverse mortgages for San Diego home purchases

Reverse Mortgage – Purchase Ocean Hills

Now is the Time to Buy Ocean Hills Real Estate

Purchase Your San Diego Home with a Reverse Mortgage

Home Services Lending, one of Gary Harmon’s Winning Team, can customize a reverse mortgage to fit your situation.  Contact Gary Harmon, Prudential California Realty, for your best move ever!

Emerald Lake Village

Retirement Homes for Under $300,000

Emerald Lake Village is a gated, over 55 (55+) senior, retirement, community located in Oceanside, California.  Emerald Lake homes are 161 manufactured homes.  The Emerald Lake Village homes are attractive, Cape Cod in style, 2 bedroom/2 bath homes with attached 2 car garages.  The floor plans range from 1175 esf to 1750 esf.  Most homes have vaulted ceilings, indoor laundry facilities, and one or more patios.

The community of Emerald Lake Village is gated, village of quiet homes with well maintained grounds.  Amenities include a 3500 esf community center which is the favorite meeting place for social activity in Emerald Lake Village. The Village clubhouse includes a large meeting room with a full kitchen. Next there is a multi-purpose meeting room that serves as the ideal place for residents to meet with their favorite clubs or host parties, dances and meetings.  Finally, there is a beautiful swimming pool, a spa/hot tub, and BBQ grills.  Behind the clubhouse is the greenbelt. There are also many walking trails and a place to store you RV.

Find out more about Emerald Lake Village, a San Diego retirement paradise.  See other North County homes for over 55.

For a personal tour of Emerald Lake Village homes, contact Gary Harmon, your Senior Realtor.

Appraisal vs Home Inspection – Ocean Hills Home Purchase

When purchasing an Ocean Hills Country Club home, you will need both a property appraisal and a property inspection.  You will also need to do this when refinancing your Oceanside home. Not only should buyers complete an appraisal for their own benefit to make sure they are getting the best deal possible on their new Ocean Hills home, it is the only valuation report most banks will consider when deciding whether or not to lend the money.

Appraisal

Appraisers are certified, California state-licensed professionals who have no personal stake in the worth of a property. Prudential California real estate agents who put a Ocean Hills  house on the market will often complete a Comparative Market Analysis, or CMA, before pricing the Oceanside home, but this is not the same as a full appraisal, although experienced professionals’ value estimates may come close to the appraisal. The lender may use their own appraiser, or if they let you select the appraiser, the appraisal may be subject to review.

Appraisals typically include details about the Ocean Hills Country Club property and side by side comparisons of a few similar Ocean Hills properties; an evaluation of market in your area, notes on issues the appraiser believes may negatively affect the property value or are serious flaws, and an estimate of the average sales time for the property.

There are two types of appraisals: the sales comparison approach, in which the appraiser determines your Ocean Hills property’s value by comparing it to similar Oceanside  properties, and the cost approach, in which the appraiser estimates how much it would cost to replace the structure. The second is more common for newer homes, while the former is more frequently used for older Oceanside homes.

Home Inspection

It is important to note that an appraisal is not a home inspection on the Ocean Hills Country Club home you plan to buy. An inspection is designed to find any problems that may prove costly for the owner of the property and involves testing appliances, heating and air conditioning, making sure the plumbing and wiring are up to code and other tasks. The appraisal will not check for these and thus cannot tell you whether many parts of the Ocean Hills home are in good condition.  Your Realtor, Gary Harmon, will suggest the names of a number of proven home inspectors that you can call.  The home ispection will usually last about 3 hours.  After the home inspection, you will receive a lengthy report.  You will then discuss the report with your Realtor and generate a “Request for Repairs.”

For more information see an eariler blog:  Appraisal vs Home Inspection.

For more information on an appraisal or a home inspection, contact Gary Harmon, your Ocean Hills Country Club Realtor.

Senior Discount on San Diego or Oceanside Homes

Save Money on San Diego and Oceanside homes with Gary’s  senior discount.

San Diego North County homes that qualify for my senior discount are Ocean Hills Country Club homes, Oceana  homes, Emerald Lake Village,  Oaks North homes and Seven Oaks homes.

How much is your senior discount?

The senior discount is $1,000 on all final sales prices over $300,000.  There is a reduced discount on San Diego and Oceanside homes homes sold for less than $300,000.  Your senior discount would be paid to you through escrow at the close.  One thousand reasons to make Gary Harmon your Realtor.

What age qualifies for your senior discount on San Diego or Oceanside homes?

One of the buyers has to be 55 by close of escrow of your San Diego or Oceanside home.

How long will this senior discount be available?

This senior discount currently is available for homes that are purchased through Gary Harmon before 12/31/2010.  Over $7,000 in senior discounts have been paid out this quarter.  Isn’t it time to get yours.  Contact Gary Harmon, your senior real estate agent, today.

Team Up with the Best – Sell Your Ocean Hills Home

Prudential California Realty

Why work with the rest?  Team up with the best, Gary Harmon and Prudential California Realty.  If you were selecting a doctor or lawyer, you would want the best.  When you are selling your most expensive asset, your Ocean Hills Country Club home, you owe it to yourself to also have the best.  Gary’s winning team is the best.  You don’t have to take our word for it, see the objective opinions of the San Diego Union and J.D. Power and Associates.   Put Gary Harmon’s winning team to work for you today.

Once again this year, Prudential California Realty has been honored by the Union Tribune, SignOnSanDiego.com 2010 readers poll. “Of all endorsements real estate professionals can receive, the ones that come from our clients mean the most.”  Thank you San Diego Union readers for voting us the best for 2010. I can assure you that we are already working to be the top in next years poll.

Prudential California Realty was again recognized by the San Diego Business Journal as being #1 in real estate home sales in San Diego for the 14th straight year.

Nationally, Prudential Real Estate Network ranked “Highest Overall Satisfaction for Home Sellers Among National Full Service Real Estate Firms” in J.D. Power and Associates’ 2010 Home Buyer/Seller Study. This marks the second time in three years that the Network ranked highest in seller satisfaction.
Nationally, Prudential was ranked by JD Power as top.

I am proud to have Prudential California Realty as part of my winning team. Maximize the chance of selling your Ocean Hills home for more money and less time, team up with Gary Harmon and Prudential California Realty. For more questions contact Gary Harmon, your top Ocean Hills Country Club Realtor.

Ocean Hills Country Club – Maximize the Chance to Sell Your Home

87% of all home buyers start on the Internet

According to the National Association of Realtors over 87% of all home buyers start their search on the Internet. Most of these searches start with a “Google Search.” If you are thinking about selling your Ocean Hills home, you’ll want to maximize your Internet exposure. To do this you must list your home with a Realtor whose website is on the first page of “Google.”

Your Realtor’s website must be on the first page of Google

You can easily test to see what websites show up strongest for terms related to “Ocean Hills Country Club.” Go to www.google.com. Type a related search term in the “Google search box.” Click “Search.” Search terms important to Ocean Hills Country Club would be as follows: “Ocean Hills Over 55, Ocean Hills 55+, Oceanside Over 55, San Diego Over 55, Ocean Hills Country Club Retirement, Ocean Hills Country Club Homes, Ocean Hills one story, and Ocean Hills homes”

HomeInfoSanDiego.com is on the first page of Google

 My website, www.HomeinfoSanDiego.com offers maximum exposure for your Oceanside home by being found in more Ocean Hills Country Club searches than any other Realtor’s websites. Check it out for yourself.  To maximize the chance to sell your Ocean Hills Country Club home, contact Gary Harmon, your Ocean Hills Realtor.

Purchase Reverse Mortgage Examples – Oceanside Homes for Sale

Two examples of how a purchase reverse mortgage (HECM) can work for you when buying Oceanside homes for sale.

Purchase reverse mortgage(HEMC)  example 1 – Oceanside clients ages 65 & 64 who are just retiring want to downsize to a Ocean Hills Country Club single story home with all the amenities of their existing home and use the proceeds from the sale to pay cash.  Their goal is to have no future payments on their Ocean Hills Country Club home. 

I estimate that the net proceeds from the sale of their current San Diego North County home to only be around $200,000.
 
I suggested that my Ocean Hills buyer take a look at the Reverse Mortgage Purchase offered by HomeServices Lending, an affiliate of Wells Fargo bank.      
 
The clients really want a Ocean Hills home that is a great deal at $450k  (3 yrs ago $600k).  We all sit down and run the numbers on this Ocean Hills home using a Reverse Mortgage Purchase.   Here is what we came up with:

Purchase Price                         $450,000
Reverse Mortgage Funds        $262,800                         

Cash Required to Close           $187,200

The clients takes $187,200 of the $200,000 from the sale of their old home combined with the
$262,000 reverse mortgage proceeds from their HomeServices Lending loan through Wells Fargo to purchase the new home for $450,000.  And they will be achieving their goal of  never having any monthly mortgage payments as long as they live in the home! 

To sum up, many Ocean Hills Country Club home buyers pay cash.  In this case that would have been $450,000.  In our case they invested only $187,200 of their money and have no payments for life.  Several years ago, the selling price of this home would have been over $600,000 and no reverse purchase mortages were available.  Good deals are available now.

Purchase reverse mortgage (HEMC) example 2 – Marge and John, both 74, want to buy a one story manufactured home in Emereal Lake Village in Oceanside, CA.   They are currently selling their Carlsbad, CA two story home.  They feel a single story home will be better suited health wise for the rest of their life. 

Marge and John look at several homes in Emerald Lake Village for around $300,000.  All of Emerald Lake Village is one story detached homes with reasonable homeowners fees.  Marge and John meet with a reverse purchase mortgage specialist at Home Services Lending. 

They make an offer and get it accepted at $300,000. 

Purchase price of  $300,000,   reverse mortgage proceeds of $177,213,  leaves an investment of $122,787 needed.  Marge and John have no more payments for live.  

To find out more about purchase reverse mortgages read my other blogs:

Reverse mortgages for San Diego home purchases

Reverse Mortgages – Frequently Ask Questions

Reverse Mortgage – Purchase Ocean Hills

Purchase Your San Diego Home with a Reverse Mortgage.

Also, contact Gary Harmon, and I will put you in touch with my reverse purchase mortgage specialist at HomeServices Lending.

* Ever effort to make these examples correct have been take, but rates constantly change.  The amount that you have to put down on a reverse purchase mortgage changes with your age.  See my table for purchase reverse mortgage   for a general idea. 

 

 

 

Reverse Mortgages – Frequently Ask Questions

Senior purchasers for North County for over 55 should understand how a reverse purchase mortgage can be used to buy their retirment home.  Reverse purchase mortgages can be used anywhere to buy San Diego North County homes, but work especially well in Ocean Hills Country Club, Emerald Lake Village, Oceana, Oaks North, and Seven Oaks. A purchase reverse mortgage will let you put down a fraction of the purchase price and have no more payments for life.  This frees up money you may have used for later need.

Below are some of the fequently ask questions reguarding using a reverse purchase mortgage for your home.

What sources are allowed for the cash required to close?

  •  The sale of the departure home you just sold
  •  The sale of the senior homebuyer’s other assets
  •  A homebuyer’s savings accounts
  • Gift money from parties not involved in the transaction

What sources cannot be used for the cash required to close?!

  •  Seller financing of any kind or seller concessions
  • Cash withdrawn from your credit cards
  • Bridge loans of any type
  • Any subordinate financing

What property types are eligible? 

  • Single family San Diego homes. Can be one story, two story, attached or detached
  • HUD-approved condos
  • Planned unit developments (PUDs).  Many San Diego homes are Planned Unit Developments.
  • Two- to four-unit San Diego properties (one must be owner-occupied)
  • Manufactured North County homes (like those in Emerald Lake Village) built after June /3, /754

What requirements must the new North County home meet?

  • Must become the buyer’s primary residence

Which San Diego North County home is the purchase reverse mortgage for?

  • Must be occupied by the senior buyer within 4 days from closing date
  • Construction must be complete, the property habitable, and a certificate of occupancy or its equivalent issued prior to the loan application.
  • The reverse mortgage is placed on the new San Diego home. If the cash required to close comes from the sale of the departure home, that sale is a transaction separate from the HECM for Purchase transaction.

You can make this opportunity yours.  Work with HomeServices Lending, affiliated with Wells Fargo Home Mortgage, the nation’s leading retail originator of reverse mortgages. Need more information on how to make a reverse mortgage work for you, contact Gary Harmon, your Senior North County Realtor.