San Diego Coastal Real Estate Blog

Home Buyer’s Repair Request

by Dee Marie Fisher on Saturday, April 12, 2014

Traditions in a Buyer's Request for Repairs…

Over the years, I have seen many Requests for Repairs, working with buyers and with sellers as their broker… that have border on the ridiculous and to buyers understanding the California Residential Purchase Agreements clause that states it is being sold "as is" and do not ask for any repairs. 

What is consider ridiculous?  Asking for the seller to make the home as if it were new…. a new roof, new carpet or wood floors, new plumbing and electrical, new windows and even adding that extra bath needed.

What is reasonable?  To ask for any repairs or replacements regarding safety, structural or security items that may include termite work, broken windows, doors that do not latch or lock, mold, plumbing or electrical issues, leaky roofs and other similar items.

home repairsUnless a homebuyer is purchasing a brand new home, she needs to understand that all homes have been lived in…. they will not be perfect nor will they neccessarily be to that buyer's interior design taste…. you can't expect the seller to make those changes.

Another factor to take into consideration and to discuss with your real estate broker is what type of market is it?  Is it a buyer's or seller's market?  In a buyer's market, a buyer may be successful in their repair request for cosmetic items because the seller is anxious to sell.

A tip for home buyers when asking for repairs…. ask for a dollar credit at closing and then complete the work yourself.  Why?  Because you will have control over who does the work and the quality of that work.

Remember in California, buyers may ask for repairs; however, the seller has the right to agree to all, a portion or none of the requested repairs.  At that point, it's re-negotiating time or time for the buyer to decide if they truly want the home.

If you'd like more information on this topic or wish information on real estate in coastal San Diego, please click here!

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Open House Tips for Home Buyers

by Dee Marie Fisher on Friday, April 4, 2014

Open Houses Are Fun to Host….

I really enjoy hosting an open house for outstanding homes for sale in the coastal areas of north San Diego County.  It's informative to talk with prospective buyers about the market, their feedback on the home, and supply them with any requested information and assistance.

open houseOne of the lenders I work with, Samuel Scott Financial, wrote an article "Visiting Open Houses"  that have great tips for the home buyer on the do's and don'ts when visiting an open house…. sellers may want to read this also!

Please make comments or suggestions about your expenciences with open houses…..  and if you want any information on any coastal neighborhoods in San Diego County please click here and your requested information will be sent.

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Encinitas New Home Developments 2014

by Dee Marie Fisher on Tuesday, April 1, 2014

Housing Inventory Low and the Builders are Building…

As you drive around Encinitas, you'll notice the building of new houses from Leucadia to Cardiff.  It's exciting and sad to see how the older properties or defunct flower fields in Encinitas are now being developed into residential neighborhoods.  Sad because we had open space and, on the other hand, exciting that we are adding homes to our existing housing shortage through "infill" projects.    In the last 4 years, we have had many neighborhoods built or are in the process of being built…

Current Developments:

  • 1 Channel Island:  69 homes by Shea and location is between Saxony Rd and Quail Gardens
  • Beach House at Coral Cove:  39 homes by Shea on Vulcan Ave in Leucadia
  • Cabanas at Coral Cove: 30 attached homes by Shea on Vulcan Ave in Leucadia
  • Fiore:  28 homes by Lennar located Urania and Normandy in Leucadia
  • MainHouse: 12 semi-custom homes by City Venture on the corner of Lake St and Santa Fe Dr. in Cardiff
  • Primrose Lane:  11 homes by CityMark Development on Olivehain Rd east of El Camino Real
  • Seaside Ridge:  23 semi-custom homes by Brookfield off of Urania St in Leucadia… many sold already
  • V:  5 townhomes by Shea on Vulcan Ave – sold out

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Buyers Beware – Unless you are accompanied by your real estate broker on your first visit to a new housing development, you will be working with and represented by the builder's real estate agent. 

Encinitas Housing Developments built 2010-2013:

  • Beacons:  built by Citymark Realty on Calipso and Daphne in Leucadia
  • Leucadia Collection: bult by City Ventures on Halia Ct. in Leucadia
  • Pacific Station: built by Concordia Homes at 687 S. Coast Hwy
  • Quail Pointe:  built by Far West on Quail Gardens Rd.
  • Seaside:  built by Shea off of Sheridan in Leucadia
  • Seaside Highlands: built by Warmington off Balour
  • The Bungalows:  built by Fieldstone Homes on Quentin Ct off Requeza and Westlake
  • Westlake Village: built by Westlake Homes on Westlake and Requeza

If you would like more detailed information and to be informed with updates about the above projects, please click here so I may send you the report.

 

 

 

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Memories in the Making Art Auction

March 6, 2014
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When we are young, nothing can touch us…. when we grow up, we know that life can throw us a curve ball; yet attempt to control it…. and when our parents age and become sick, we learn how important it is to just be in the moment with them. As many know, scrapbooking is about [...]

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$1M-plus Home Sales Increase in 2013

February 25, 2014
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Has the trend continued in 2014? The high end real estate market in San Diego County made a comeback in 2013 with the most properties sold over $1 million since 2007.  The highest priced property was in Del Mar at $18.75 million and the area with the most home sales in the $1m-plus range was [...]

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Green Real Estate Update

February 17, 2014
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Green Energy, Rebates and more… Green real estate encompasses many different construction aspects; energy efficiency, water conservation, air quality and sustainable materials….. along with how all of that affects the homeowner's wallet and value of the home.  Here are a few tidbits about green energy…. California extends rebates for residential solar projects at the request [...]

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Home Appreciation in San Diego County

February 15, 2014
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2013 Year for Condo Price Gain, Cash Buyers,      Monthly Payments Rise and Rentals Increase! The San Diego Tribune printed a good article on January 26, 2014 regarding the real estate market in 2013 with a map from DataQuick showing the appreciation for homes in the various cities and communities of San Diego County. According to [...]

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New 2014 Real Estate Laws in California

February 4, 2014
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Homeowners and Realtors Be Aware…. At the San Diego Association of Realtors seminar last week the assistant general counsel for the California Association of Realtors presented the most significant laws for 2014 that affect Realtors and homeowners…. Homeowners that have short-sold their homes do not have to declare the difference between the sales price and [...]

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San Diego County Zoning, Planning and Development

January 22, 2014

Land use is one of the major components in real estate; yet, many realtors and homeowners have no idea what it entails.  A class I took recently gave me some insight into this complex topic.  The instructor delved into the history and other aspects that I won’t bore you with…. However, I’d like to give [...]

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2014 Real Estate Predictions

January 14, 2014
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Predictions for San Diego Real Estate As always, I'm reading and researching for information about real estate in order to better understand the market and share with my clients, friends and others.  It has been interesting reading all the articles about what 2014 will be in the real estate market nationwide, as well as in [...]

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