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According to a recent survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage. After surveying 1,000 first-time and repeat homebuyers, the results revealed that 17% of homebuyers were surprised that closing costs were required at all, while another 35% were stunned by how much higher the fees were than expected. “Homebuyers reported being most surprised by mortgage insurance, followed by bank fees and points, taxes, title insurance and appraisal fees.” Bankrate.com recently gathered closing cost data from lenders in every state and Washington, D.C. to be able to share the average costs in eachRead More →

lakeside real estate agent, lakeside homes for sale

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In: Home Buyers, San Diego Real Estate, Uncategorized

  I drive out to Lakeside often as my parents live out there and they watch my little one a few times a week so I can help families find homes to raise their families. I was headed out the 52 on Saturday, just after the MONSTER rain storm from the day and night before. I am always amazed of the beautiful sky scapes I see when I’m driving but the mountains in the back drop make for an extraordinary scene but this one with rainbow, well this was an extra good omen and that’s just what the family I was headed to help needed.Read More →

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In: Home Buyers, real estate market, Sellers, Uncategorized

Highlights: Sales of existing homes reached the highest pace in a decade at a seasonally adjusted annual rate of 5.69 million. January marked the 59th consecutive month of year-over-year price gains as the median home price rose 7.1% to $228,900. NAR’s Chief Economist, Lawrence Yun had this to say, “Much of the country saw robust sales activity last month as strong hiring and improved consumer confidence at the end of last year appear to have sparked considerable interest in buying a home.”  Source: Housing Market & Real Estate News Lenora LostaunauLenora is a full-service San Diego real estate agent, serving residents county-wide, and those lookingRead More →

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According to a survey conducted by Bankrate.com, one in four Americans are considering buying a home this year. If this statistic proves to be true, that means that 59 million people will be looking to enter the housing market in 2017. The survey also revealed 3 key takeaways: Those most likely to buy are ‘Older Millennials’ (ages 27-36) or ‘Generation X’ (ages 37-52) Minorities, particularly African-Americans, were twice as likely to respond that they were considering purchasing a home this year than white respondents. Many potential buyers believe they need to put 20% down and need to have perfect credit to own and are unawareRead More →

fixer upper, fixer upper homes, fixer upper properties

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In: Home Buyers, Homes for Sale, San Diego Real Estate

Fixer Upper Homes for Sale in San Diego- Free Service Get Access to San Diego Fixer Uppers Fixer Uppers in San Diego may represent some of the best home buys on the market but that depends on your timeline and your threshold for remodeling and surprises. Working with someone who can help you assess potential and risk when looking at fixer upper homes can save you 10’s of thousands of dollars and if you’re interested in investments can make you a even of more. Whether you want to buy and put love into a home to make it your own or if you’re interested inRead More →

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In: Home Buyers, Media

Have you’ve ever spent just a little more than you planned to? Well, you’re not alone, we all have. Sure, we don’t mind spending a few bucks more for that fancy coffee machine. After all it’s cool, shiny, and makes a great cup of joe! Now that you’re thinking of buying a home, it’s important to be a little more mindful, because unlike a coffee machine, not understanding how much you should spend, can cost you more than a few bucks. In this article we’re going to share a little formula that I use with my customers. It’s very simple and it’s a great wayRead More →