Jeff’s Carlsbad Blog for First Time Home Buyers


First Time Buyer Central has a NEW LOCATION

Posted in General Information by Jeff Dowler on August 10, 2012
Tags: , ,

JUST A REMINDER!!

I have upgraded my First Time Buyer Central blog with new features at a new site – I hope you will visit often.

No more posts will be add to this site after today, July 10, 2010.

FIRST TIME BUYER CENTRAL

A blog for ALL BUYERS, information, tips and news about buying a home

Want to Become a Prepared Buyer? Here’s How

Posted in General Information by Jeff Dowler on September 30, 2010
Tags: ,

If you want to be a prepared buyer…and who doesn’t…check out this recent article on my NEW First Time Buyer Central Blog (new look, new location)

What Does a Prepared Buyer Look Like?

Stumbling Blocks to Your Home Purchase

Posted in FAQs,General Information,What do I Buy? by Jeff Dowler on December 21, 2009
Tags: , ,

There are a number of hurdles you have to overcome as a first time buyer in order to get that new home. This is true of everyone, of course, but folks who are buying for the first time may not be aware of these stumbling blocks.

Model Homes at CopperWood and Rockledge in Carlsbad

And with the current market, especially in the lower price points in our area (under $400,000), there are other issues to be aware of.

A knowledgeable REALTOR can help you overcome many of these hurdles, but some things you simply need to do yourself.

Here they are, in no particular order:

1. Getting Pre-Approved for a Loan

2. Being emotionally ready to make a purchase and just making a decision

3. REOs = lots of competition and multiple offers, including cash buyers

4. Short Sales = LONG waiting time for short sale approval (4 – 6 months), perhaps never

5. Moving quickly enough on a great deal – keep in mind the competition, you may NOT have much time to “think about it”; a delay can cost you the home

6. The appraisal – many of them are coming in lower than agreed on prices due to the market and changes in the appraisal process

7. Getting a loan – banks are becoming more and more restrictive

8. The home inspection

9. Being realistic – about what you can afford, the trade-offs (wants vs. needs), etc.

10. Do I buy now or wait?

If you need help sorting through these issues or want more information on the matters you really need to think about, please let me know.

********************************

Follow Jeff Dowler on Twitter Subscribe in a reader

If I can provide more information about Carlsbad real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

Search for Homes Community Information First Time Home Buyers Relocation Services and more How to get in touch with me

All content copyright © 2010 Jeff Dowler “The California Relocation Dude” Carlsbad Homes and Real Estate Tidbits

North San Diego County Market Reports

For those of you watching the real estate market in the coastal communities of North San Diego County, here is a summary real estate market report with links to SEPTEMBER 2009 real estate market reports for the following communities:

Carlsbad

Cardiff

Encinitas

San Marcos

Oceanside

Rancho Santa Fe

Del Mar

Solana Beach

Each report also has some links to earlier market reports for those communities (some more than others).  I can always provide detailed report susch as these for ANY community in San Diego as well as broken down by area/neightborhoods. Just ask.

Can Your Transaction Get Audited? YES!

Posted in General Information,REOs by Jeff Dowler on August 22, 2009
Tags: , , ,

This may not apply to all transactions during the process, but it does at least with FNMA (Fannie Mae) and Freddie Mac if you are purchasing an REO. Perhaps other lenders as well.

I am in the midst of a transaction with a very tight deadline and all of a sudden we learned that FNMA has pulled the REO file for an audit.

It has nothing to do with the offer itself (this is a cash deal, not a loan), the buyers, or the transaction, but apparently is a routine, random, periodic audit that they do of their REOs that are being serviced by various banks. No warning.

This is NOT to say this happens a lot (the listing agent says this is the FIRST in all of her REO transactions in over 2 years) but it CAN happen, without warning.

This causes a delay of an unknown period. Just something to be aware of, although lots of folks get through these deal without this sort of delay.

Important San Diego MLS Information for Buyers

Many buyers in our area are looking at short sales, pre-foreclosures, and REOs as part of their home search. And there is LOTS of competition, so it is not really a “buyer’s market” for these kinds of homes. You will almost always find multiple offers on these properties, sometimes the day the new home is listed or within a day or so.

SANDICOR, the MLS for San Diego, has implemented a new status called CONTINGENT, which means there are offers awaiting approval of the short sale, or which have been submitted to the REO lender for approval. They are still ACTIVE but now there are multiple bids.

READ MORE HERE

Links to Help You Research Schools, Communities, Crime and the Housing Market

Posted in Due Diligence,General Information by Jeff Dowler on March 31, 2009
Tags: , , ,

If you are buying your first home you are very likely spending a lot of time researching on the Internet. And why not? There’s a ton of information there.

Are You Researching on the Internet? You Should Be!

Are You Researching on the Internet? You Should Be!

The things that tend to be of interest, apart from listings, of course, are schools, communities, crime and the housing market itself.

I wrote a recent article for relocations, providing a bunch of links to various sites in these areas. But you might find this resource useful as well.

READ MORE:  Internet Aids for Helping You in Your Relocation to Carlsbad

Of course this information can be useful no matter what community you are interested in.

If I can help further, just let me know.

***********************************

If I can provide more information about Carlsbad and surrounding areas, or the housing market in general, or otherwise assist you in your home search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

Search for Homes Community Information
First Time Home Buyers Relocation Services and more How to get in touch with me

All content copyright © 2009 Jeff Dowler

My First Time Buyers Handbook

I have done a lot work with first time buyers, both back in Boston and out here in Southern California.

There is so much for new buyers to learn and often they do not even know the right questions. Working with a REALTOR who takes the time to explain the process, answer questions, and truly help buyers become as prepared and educated as possible is so important.

I finally completed my first time home buyers handbook, which I will begin sharing with new clients. however, if you would like to download a summary of my first time buyers handbook feel free to do so. The real thing is, of course, much more detailed, but the summary will get you started.

And of course if we decide to work together to find you a home in the Carlsbad area (including Oceanside, San Marcos, Vista, Encinitas, Cardiff, Solana Beach, Del Mar, Rancho Santa Fe, La Jolla) you will get the entire handbook to help you.

I would love to know what you think. Are there other important things to include (of course you are not seeing the entire thing but let me know what stuff is important to you)? Are there particular questions that you have? Please let me know.

************************

If I can provide more information about Carlsbad and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

Search for Homes Community Information
First Time Home Buyers Relocation Services and more How to get in touch with me

All content copyright © 2008 Jeff Dowler Carlsbad Homes and Real Estate Tidbits

Daylight Savings Time is Fast Approaching

Posted in General Information by Jeff Dowler on March 6, 2008

This has nothing to do with real estate (except that you will have more time after work to see homes in the daylight)…but keep in mind that:

 Daylight Savings Time starts this Sunday, March 9 at 2 AM (it’s earlier this year).

Get Organized for Your Move – The Move Itself

Posted in General Information by Jeff Dowler on February 4, 2008
Tags: , , ,

get-organized-the-move.jpg

You will be moving at some point since you are thinking about, or in the process of, buying a new home.

If you have been reading you know we talked earlier about getting organized. Here my guest blogger, Kathi Burns, Founder of addSpace to Your Life!, talks about getting organized for the move itself.  There are some great tips (this is the first of 3 articles on moving) – you may want to bookmark it or print it out for the future.

And feel free to pass along to others who may need the advice.

If you find this information helpful, I’d love to hear about it.

Next Page »