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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


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New Conforming Loan Limits


The conforming loan limits for loans funded by Freddie Mac and Fannie Mae now have temporary new limits.

In the past, buyers who needed a loan larger than the conforming limit (i.e., the JUMBO loan) of
$417,000 paid a higher interest rate. For many, the significant increase in the monthly payment was enough to keep them out of the buying market, especially in areas like Carlsbad  (and San Diego in general) where median home prices generally exceed this limit.

The new limits, in place for loan that originated between July 1, 2007 and December 31, 2008, are $697,500 for a 1-unit dwelling, and up to $1,341,350 for a 4-unit property.

These changes are expected to bring more buyers into the pricey Carlsbad and San Diego housing markets, and coupled with the declines in prices we have seen in the last few years, increase the affordability level for many.

Here's a link to the list of cities and counties where the new loan limits are in place.

Posted: 7:32 AM, Mar. 15, 2008
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RE: New Conforming Loan Limits

Map things out. If you’re moving to an unfamiliar territory, make sure to plan your directions carefully. It would be best to take a drive and see how things go. Familiarize yourself with the town. Its bad enough you have to drive a truck. It would be terrible if you get lost.

 

 

Make sure things fit. Measure your large furniture and appliances to ensure they fit the door of your new place.

 

Don’t bring everything. Having too much stuff may be a great stumbling block for you. There are things that you just have to let go. When it comes to <a href=”http://www.aandrmover.com/”>moving, packing</a> things you’ll more likely need is better than what you’ll want or miss. Try giving them away to charity or having a garage sale. If you plan on using storage companies, make sure all boxes are sealed and stored neatly.

 

Map things out. If you’re moving to an unfamiliar territory, make sure to plan your directions carefully. It would be best to take a drive and see how things go. Familiarize yourself with the town. Its bad enough you have to drive a truck. It would be terrible if you get lost.

 

 

Make sure things fit. Measure your large furniture and appliances to ensure they fit the door of your new place.

 

Don’t bring everything. Having too much stuff may be a great stumbling block for you. There are things that you just have to let go. When it comes to <moving, packing</a> things you’ll more likely need is better than what you’ll want or miss. Try giving them away to charity or having a garage sale. If you plan on using storage companies, make sure all boxes are sealed and stored neatly.

 


Posted by moving and packing at 7:57 AM, Jul. 11, 2008

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