An informational source for people who are relocating, with a particular focus on moving to the Carlsbad area of North County San Diego (and nearby coastal communities), with advice, guidance and true stories to help you on your way and make it a great journey, from a REALTOR� with plenty of personal (4 major moves, most recently from Boston to Carlsbad, California) and professional relocation experience. Are you running into problems selling your home? Need to find a new one quickly? Never moved before and haven't a clue? You'll find some great tips on how to solve your relocation issues here. Or ask me a question any time and I'll share some solutions or tell you where to get more information.
CA DRE License #01490977
I do a great deal of
blogging, here and in 3 others blogs. I really enjoy it, or I would
not spend as much time as I do writing about buying, selling,
communities, things to do, relocation, and much more.
Buyers often want to purchase a home with a view. This is especially true in areas where you have great views, such as of the mountains, the valleys or the ocean.
I recently wrote an article about buying a home with a view in Carlsbad, but the information in this article, I think, is generally applicable to anywhere.
So if you have an interest in buying a view home, you might want to head over to the article to learn more about some issues to be aware of in your search. Most notably, you can expect to pay more for a comparable home with a desirable view. But there's more.
And please let me know if I can assist you in any way.
Provocative title for an article isn't it? I got your attention, though.
Have you ever considered that buying and selling a home is very much like dating? We've all done it, successfully and not so successfully. But there are many parallels between dating and home buying. This is not my original thought, but, rather, the thesis of a fascinating book I am reading. The book is really for anyone who has an interest in real estate, and especially those engaged in the search and/or who are currently owners of a home.
We are in a time when there seems to be more interest in home buying - what we buy, how we buy, where we buy, why we buy - than at any other time. Everyone is talking about real estate and the market. But why is it of such great interest?
It will give you a different perspective on the process of buying and selling, and in particular the emotional side of that process. Perhaps it will give you some insight into your own feelings about owning a home, or engaging in the hunt for a new one.
I'd be curious to hear what you have to say once you've read it.
Some of you may be
relocating here to San Diego and in need of a
job.
That being the case, here
are the largest employers with headquarters in the San Diego area
that might be of interest to you (in order based on fiscal
2006 revenues):
For those of you looking for a new Carlsbad home, or elsewhere, finding the right neighborhood is probably high on your list. I had a meeting with some new buyers the other day and they commented that neighborhood was THE MOST important criteria for them.
I've mentioned using Localism in the past as a good way to research communities of interest. There are community profiles, market reports and more on many towns and neighborhoods throughout the US.
Another site I would suggest you check out is Outside In. There is a wealth of information about different communities that may help you in your research. For example, here is what is found there when you search Carlsbad.
Good luck, and if I can provide more information or answer any questions, please let me know.
One of the questions I generally ask clients who are relocating to Carlsbad is...What is your lifestyle?
So why is this important? And it is something you should consider?
As a buyer you likely have lots of issues you are considering in your home search, especially since you are moving to a new part of the country with possible differing styles of homes, prices, amenities, weather, things to do, and much more. But don't discount your current lifestyle or fail to give it important consideration in your new home search.
Do you entertain? How do you like to entertain? What things to you like to do at home and nearby? What community activities do you enjoy now? You get the idea.
Think carefully about your lifestyle and how you would like it to be in your new home. Perhaps you want it to change in some way, say if you are retiring. But if you don't think about this as you tour homes, you might find yourself buying a property in an area that does not fit with the style of living you desire. Here in Carlsbad, for example, beaches play a big part of the lifestyle, and you can choose to be a short walk to the beach (well, based on affordability) or a 20 minute drive. Golf might be a necessity too, so make sure this is factored into your home search criteria.
I suggest you ask yourself with each home you visit...is this a place that I can see myself living the way I want to live? And listen to what the house and neighborhood tells you.
Often in a relocation folks decide that they want to buy a home in their new location, while at the same time selling their former home. Timing can get tricky but many choose to do this. With diligent efforts on the Internet doing your research, working with a competent REALTOR in your new city, and having a househunting trip or two, this can generally be accomplished fairly readily. Lots of people don't want to move more than once, so they prefer to go from the old home to a new one right away.
I have found that in many cases taking time to look at housing, decide on the desired community, find the right home, and move can be tough. For those of you who are choosing to move here to Carlsbad, or elsewhere in Southern California, for personal reasons rather than due to work, the lack of time pressures may be such that renting a place while you look for a home to buy may be tghe best solution. I am working with several relocation clients that are, in fact, doing just this.
Finding the right home is important, and they have the luxury of time, so the feeling is that they can more effectively look, without a time crunch, and then will be ready to buy when the right thing comes along. Their old home will be sold so they do not have to worry about coordinating two sales, which can be a big plus. Yes, in some cases they will need to move their furniture twice, but in others (because of using a furnished rental) it will be easier to transition.
Having relocated 4 major times, I think this can make a alot of sense, if you are not under time pressures to buy a new home or get your kids in school. When making a personal choice to move here, being sure that this is what you want and finding the right community are so important. Taking the time you need to do so can make a huge different.
If I can help any way in your home search or answer any questions, please don't hesitate to ask.
I have talked a lot about
the home buying process, and in particular about due
diligence.
The reason is that
"buyers beware" is really something to keep in
mind when making your most important and most expensive purchase.
Just as with buying a car, a computer, or other products, you want
to make sure that you are buying what is being represented, and not
something else. The problem is that a home is a much more
complicated acquisition, and consumers vary so much in terms of
what they want and are willing to accept.
Doing your due
diligence - checking on all the issues that matter to you,
verifying information and reviewing disclosures - is critical and
something you MUST NOT take lightly. Certainly this can
also involve having your BUYER AGENT check on things for you with
the listing agent/seller. But don't skimp on this. You might find
that what you thought you are getting is not that at all. And after
you have completed the transaction it is too
late.
Here's an example. I am
working with a buyer that has, as a "must have," the need for A/C.
We saw one unit that fit all the criteria, but according to the MLS
did not have A/C. Too bad. But on our second visit to the home we
looked closely at the thermostat and saw a setting for cool, and
tried out the switch. Terrific. But I also have a call in to
verify with the agent/seller that the unit DOES, in fact, have A/C.
Otherwise it might kill the deal.
There are lots of
things that might be important to you, as well as issues disclosed
by the seller that may impact your decision to buy or
not.
DO YOUR DUE DILIGENCE! Don't
make a bad purchase because you were lazy, made assumptions, didn't
take the time, or forgot to check. It'll bite you in the
end.
And don't assume that
what the MLS says is necessarily accurate - you need to
verify the information.
Well, it's pretty simple in
principle. Unfortunately, in this market we are seeing more homes
that do not appraise. As I'm sure you know, as a seller your home
must be priced appropriately in order to sell in this competitive
market. I have seen many Carlsbad homes priced too
high, and they are just sitting there. So that's one major
downfall of overpricing.
The other, however,
is the appraisal. If you are lucky enough to get a buyer
that will pay what you want, or nearly so, you can still run into a
problem if the home does not appraise based on area comparable
sales. Overpricing will cause this.
The other possibility is
when the values are declining in your area. The price you set
several months ago may now be relatively high as compared to the
homes that are selling.
If the home does not
appraise you have a couple of choices.
First, renegotiate the
price. You may have to accept less, unless the buyer can come up
with a larger down payment and offset the amount being
financed
Second, if you are
financially able you might be able to provide seller financing. But
keep in mind the buyer night also just decide to walk away since
they cannot qualify for the loan.
The
buyer can try to get another appraisal done but there is a slim
chance this will make a difference. And with mortgage companies
tightening their standards, underwriters are looking much more
closely at risky situations...and not approving
them.
So keep this in mind. Your
goal is to sell your home so you can relocate. Make sure that
pricing does not prevent you from attaining that goal.