A Premier San Diego Real Estate & Mortgage Company
Prestige Properties & Finance
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Licensed by the California Dept. of Real Estate. License #01153458 An equal opportunity Real Estate & Finance Company. All information deemed reliable but not guaranteed.
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2658 Del Mar Heights Road, Suite 207, Del Mar, CA 92014 :: Ph. 858-484-3446 :: Fax 858-484-3577
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Home Loan Info.:
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Things to keep in mind that will make San Diego home buying a lot easier:
1) It's not the same real estate market as before or anytime prior. A lot of the
realities have changed with regard to sellers, listings, and lending. You must have
an open mind to absorb the new realities of how things work in real estate now.
2) Almost 50% of sales are sold through, or with one or more banks involved and
a full Offer acceptance can take days, weeks, or even months.
3) There is always competition for the best deals, be prepared to bid higher or to
not get the home. Distressed sellers (banks) will typically request a "best and
final offer" from the best few offers they receive.
4) Get Pre-Approved as soon as possible. Virtually no sellers will even review an
offer without a pre-approval attached to it, and agents are very reluctant to show
homes to "buyers" without seeing that their financing or cash is ready to go. A
pre-approval or a bank statement (if you're buying "all cash") is now essentially
your ticket to the marketplace.
5) Be prepared to make multiple offers on multiple homes or condominiums. The
same properties that look good to you, typically look good to others as well.
6) Continue to keep an open mind. Because of the housing market turmoil over
the past 3 years there are now many different issues and seller situations to
consider, many of them can be opportunities for you.
Contact us today and we'll get started on finding the perfect home or
condominium for you!
Home Buyer Info.:
Use Lexington Law
to improve your
credit and scores
3-6 months before
purchasing.