Real Estate Blog

Home Buying Process

Tuesday, December 16th, 2008 at 1:43am. 28 Views, 0 Comments.

Buying a home may be one of the largest purchases you will make in your life so here is a quick reference list you can use when you are in the process of buying a home.

1.  Get Pre Approved - Don't start looking at homes until you are know how much you can afford.

2.  Start Researching - Start researching online on what type of home and location you can afford. 

3.  Hire a Buyers Agent - Hire a Buyers Agent and tell him/her what exactly what you are looking for in your criteria.  Now let them do the reseach for you such as keeping you updated with any New Hot Listings.  The good ones sell Fast even in this market.  

4.  Look at homes - After looking about 3 homes in your criteria, your Buyers Agent will have a really good idea what you are looking for.

5. …

Different Loan Programs and More!

Thursday, December 4th, 2008 at 2:07am. 51 Views, 0 Comments.

"Here's a Blog from one of my Loan Officers I work with, Shelly Heimer with The Lenders Group" 

My name is Shelly Heimer and I am a mortgage consultant with The Lenders Group, located in Mission Valley. I have been in the business of helping people qualify and buy homes for over 6 years now.  I am very excited to be a part of Paul Caparas referral network.

In contrast to all the droom and gloom in the media these days; I really believe that there has not been a better time to be buying a home than now. Home prices are incredible, and rates are at historic lows.  This is the time when opportunity is knocking and you want to be sure to answer the door.

When Paul asked me to blog about the mortgage community I was…

Buying a Short Sale

Tuesday, December 2nd, 2008 at 2:34am. 52 Views, 0 Comments.

I have been meeting many Buyers thinking a Short Sale is the same as a Bank Owned Foreclosure (REO).  Well, it is not.  A Short Sale is still owned by the current owner but is in Notice of Default and currently negotiating with the Lender on doing a Short Sale so the home won't get Foreclosed on.  Also by meaning Short Sale, it's the Lender willing to let the sale of the home at a certain price even though the current owner owes more than that price.  Short Sale can also be referred as Short Pay.   

Now buying a Short Sale.  Sometimes Short Sale can get confused with the home selling fast.  Actually the Short Sale process can take months for it to Close Escrow.  You asked why!?!  Well the Lenders are currently just swamped with requests on Short Sales. …

Time to BLOG!!!

Monday, December 1st, 2008 at 2:45am. 54 Views, 0 Comments.

I decided to get a Blog for the website.  This blog won't be about my life, it will be about San Diego Real Estate such as buying a Foreclosure, Market Updates, hot new listings and much more!  I will even ask some Loan Officers I trust and work with to have some Blog entries about current Loan Rates, Loan Programs such as VA Loans and current Down Payment requirements.

My goal is to have 1 or 2 new blogs a week.  So please check back often.  My first real blog will probably be about Short Sales or Foreclosure which will be posted in a day or 2.  Blog to you soon!  Thanks!