From short term vacation rentals, to long term leases, WestView Real Estate and Mortgage, Inc. can handle every aspect of your rental property or second home.
We have experienced agents with proven track records and plenty of references available upon request.
Recent transaction include the tenant placement in a La Jolla Shores beach front condo, the tenant placement in a 5 bedroom, 5 bathroom custom home, the leasing and property management of a 3 bedroom 3 bathroom home while the owners were on vacation, and the leasing of an ocean front penthouse condo in La Jolla.
Call me for all your La Jolla rentals and La Jolla property management! As a La Jolla shores resident, I have all the resources to help you succeed!
Come experience the lifestyle of the beautiful Beach Colony subdivision in Del Mar, California.
As a San Diego native, born and raised, I have watched Del Mar change and grow over the years. However, the Del Mar Beach Colony has managed to retain it's small town feel, and beach community atmosphere.
The Del Mar Beach Colony is nestled between Solana Beach to the North, La Jolla and Torrey Pines to the South, and the famous Del Mar Racetrack and Fairgrounds to the East. One of the favorite attractions for both locals and vacationers is "Dog Beach". A beautiful sandy stretch located due West of the Del Mar racetrack, the name Dog Beach says it all. Both dogs and owners can frolic in the sand and the surf, while watching surfers, sunsets as the locals organize beach volleyball pick-up games.
A short walk South from the Del Mar Beach Colony will lead you to the Old Village of Del Mar. Here you will find fine Dining and unique botique shopping experiences. A few of my personal favorite restaurants are Pacifica Del Mar and Epazote Oceanview Steak House.
As summertime approaches, let's not forget about a few of Del Mar's most famous attractions. The San Diego County Fair begins June 14th and the Del Mar Horse Racing Season runs from July 16th to September 3rd. In addition, let's not forget that the U.S. Open Golf Championship is located at nearby Torrey Pines Golf Course and runs from June 9th to June 15th.
Feel free to call or email me for more information on the Del Mar Beach Colony. My firm currently represents buyers, sellers and offers a complete line of refinance and purchase loans in Del Mar, California. With access to the hottest new listings and complete internet and MLS Exposure for all listings, we make the process incredibly easy for both local residents and out of town owners or future buyers.
I would also be happy to help you find a seasonal or vacation rental if you are planning to visit during the summer or the horse race season!
The purpose of this post is to help Carlsbad and Calavera Hills Sellers to better understand pre-approval letters from potential buyers.
When an offer is presented, or within a short time frame of when an offer is accepted, buyers who are obtaining financing are typically required to present their mortgage pre-approval letter to the seller.
Being that I am in both the real estate and mortgage business, I have been involved in quite a few conversations regarding mortgage pre-approval letters. The question on hand is....ARE PRE-APPROVAL LETTERS WORTH ANYTHING MORE THAN THE PAPER THEY ARE PRINTED ON? The Answer is "YES, but not always!"
In my career, I have seen fantastic pre-approval letters that go into tremendous detail. However, and unfortunately, many pre-approval letters are very vague. When presented with a pre-approval letter from a potantial buyer, the seller needs to understand that a pre-approval letter in not a formal comittment to lend. Many times, pre-approval letters are generated from nothing more than a phone call to a loan officer. Generic and vague pre-approval letters can often turn into declined loan applications during the loan contingency period specified in the purchase agreement. In turn, a buyer who falls out of escrow due to financing problems will mean valuable market time wasted for the seller.
Here are a few questions to ask and details to look for in a pre-approval letter:
Does the letter mention the borrowers credit rating? If not, it is important to ask the lender if they have pulled the borrowers credit. It is near impossible to predict someones ability to qualify for a loan if their credit has not been examined in detail.
Does the letter mention anything about a formal mortgage application being filled out by the buyer?If the buyer has not filled out a mortgage application, the lender may have only verbally examined the buyers income and assets. For a pre-approval letter to hold water, lenders should have thouroughly examined the borrowers employment history, income and assets.
Does the letter say anything about the terms of the loans. It can be benificial for the seller to know what type loan the borrower is applying for. A good Realtor should know what current underwriting standards are with various types of mortgage programs and lenders.
Does the letter mention anyting about interest rates? Higher interest rates are signs that the borrower might have credit blemishes or may be going with a limited documentation program program. We all know that higher rates mean higher payments, and therefore require higher monthly income numbers in order to qualify. does your buyer make enough money to make payments every month? Their lender should know!
Does the letter have a date in which it was generated? Current letters are crucial to success as credit scores, interest rates and underwriting guidelines can change overnight. Make sure the letter your receive has a date on it so you can evaluate it's credability.
Before listing your property for sale, ask your Realtor if they have any detailed mortgage experience. If they can't walk you through the loan process in detail, including program types, qualification standards and detailed underwriting information.... they might not be able to give you sound advise about accepting or declining offers. Make sure they can explain how to calculate a debt-to-income ratio, explain loan closing costs and explain every page of the loan application in detail. If a listing agent can't explain what a 1003, 1008, MLDS, MLOA and GFE are, it might be time to interview someone else. I challenge you to ask these questions and not be comfortable until you get straight answers!
Remember, just because you accept an offer doesn't mean that the transaction in completed. It is important to have a Realtor who can ask the hard questions about the buyer's ability to obtain financing.
Feel free to contact me for more information if you are considering selling or buying a property in Carlsbad or San Diego County. I would be happy to explain more about the mortgage pre-approval process and how you can take precautions before accepting offers!
Welcome to the Mystic Point Complex in Calavera Hills Carlsbad.
Mystic Point was built between 2005 and 2006 and consists of very upscale townhomes, many of which feel like they are detached when you are inside them.
Attached Garage, 2 story units, air conditioning in most units and a beautiful community pool area are just a few of the many desirable features found in Mystic Point at Calavera Hills.
Don't forget the easy access to the 5 and 78 freeways and the Calavera Hills Community Park.
As of March 1, 2008 there are 10 units for sale in Mystic Point in Calavera Hills Carlsbad. Prices currently range from $395,000 to $549,000.
Call or email me for more information regarding Mystic Point and other communities in Calavera Hills Carlsbad. I would be happy to send you up to date information about buying or selling in Calavera Hills Carlsbad.
Now is a great time to buy in Calavera Hills Carlsbad. There are currently 7 condos listed for sale for less than $300,000 in the 92010 Zip code of Carlsbad, California:
Let's focus on one of my favorite condo complexes in Calavera Hills, Carlsbad. The Villas in Calavera Hills is a well kept, quiet and peaceful condo complex in Calavera Hills and just a short walk to Hope Elementary School. Built between 1985 and 1987, one of my favorite aspects of The Villas condo complex are the mature trees that cast shade and shadows throughout the complex. At night, you could hear a pin drop in this peaceful environment! There are currently 2 condos listed for under $300,000 in The Villas!
Feel Free to Contact me for more information about buying or selling in Calavera Hills Carlsbad!
The lifestyle of the Del Mar Beach Colony is jumping into full swing as Spring and Summer are quickly approaching. Located West of the Famous Del Mar Fairgrounds and Racetrack, the prestigious Beach Colony offers world class sandy beaches and fine dining experiences.
The unique coastal lifestyle of Del Mar also includes the beautiful Powerhouse Community Center, which is a the perfect destination for an evening stroll after enjoying dinner at Jake's Del Mar, Pacifica Del Mar, Il Fornaio, The Poisidon, or Epazote Oceanview Steakhouse.
I just listed a brand new home at 260 23rd Street which can be seen at www.NewHomeDelMar.com and I look forward to posting more Del Mar information in the days and weeks to come.
I invite you so visit the Del Mar Beach Colony, sit on one of the serene park benches, and fall in love with the ocean view pictures below. Feel free to contact me for a list of properties for sale in the Del Mar Beach Colony!
Welcome to the newest Home in the Del Mar California Beach Colony.
As you can see by the photo, construction is nearing completion!
260 23rd Street, Del Mar, CA 92014
Seller will entertain offers between $2,900,000 and $3,500,000.
Two Block to the beach with views of the Ocean and the Famous Del Mar Fairgrounds and Del Mar Racetrack
This extraordinary Del Mar custom home was designed and constructed by a San Diego native.
Only two blocks to the beach, and tastefully developed in the spirit of the Del Mar Beach Colony, this home features twists and turns reminiscent of the waves and curls found in the local Del Mar surf.
Spiral stairwells with curved ceilings coupled with refined and eye-pleasing angles give this property a lasting personality. The rooftop deck, an entertainer's dream, boasts views of the ocean, the famous Del Mar Fairgrounds, and the beautiful Del Mar Village view homes. Maple flooring and custom cabinetry accompanied by marble and granite throughout offer a feeling of warmth and clarity in this contemporary design.
• Views of Ocean and Del Mar Fairgrounds • Viking Stainless Appliances • Grohe, Kohler and Toto Fixtures • Marvin Clad Windows • Jacuzzi Tub in Master • Glass Skylights in Kitchen and Master Bath • Solid Core Birch Interior Doors • Baldwin Hardware Throughout • Structured Wiring Includes Interior and Exterior Speakers • Rooftop Deck Plumbed for Entertaining • Ceramic Exterior Light Sconces
Welcome to beautiful Calavera Hills in Carlsbad California. The short distance to world class beaches coupled with easy access to the 5 and 78 freeway make Calavera Hills Carlsbad a desirable location to professionals and families alike.
Current Calavera Homes for range from condos as low $290,000 to luxury detached homes upward of $800,000. Affordable living, nearby Hope Elementary School and the desirable beach climate make Calavera Hills a great 2008 buying choice!
Feel free to contact me for Selling, Buying and Refinance info for Calavera Hills Carlsbad or visit me at www.CalaveraHomes.com!
Hope Elementary School and Calavera Hills Community Park are pictures below!
Believe it or not, Carlsbad homeowners ask me almost daily if there is any chance of getting a purchase loan or being able to refinance in today's real estate market!
I typically answer this question by asking a few basic questions back. One of the most important questions is, "How much is your average monthly income and waht are your average monthly expenses?"
The reality of today's mortgage market is that qualification standards have not changed very much for honest borrowers who have good credit, some equity in their house, and the ability to document their income and assets.
In fact, I have helped several recent borrowers obtain recent loan approvals where all that underwriting asks for is a credit report, appraisal and verbal verification of employment.
Here is a good rule of thumb if you are applying for a purchase or refinance loan in Carlsbad, or in the entire state of California for that matter:
In order to qualify for the best possible interest rate, most lenders will take your average Gross Monthly income for the last two years. they will then look at your total monthly debt. This debt will include your housing payment, property taxes, homeowners insurance, HOA fees if applicable, minimum monthly credit card payments, and any other monthly expenses on your credit report such as auto or student loans.
The next step your lender will take is to divide your total monthly debt by your gross monthly income. This will give you a percentage know as your debt to income ratio. An ideal situation is when the borrower's debt to income ratio is 45% or better...meaning that at minimum, they make slightly more than double what they pay in expenses!
Don't panic if your debt to income ratio is balancing on the fence, a good loan officer will be able to analyze your situation to provide pointers and suggestions about different loan programs that may work for you.
Feel free to contact me anytime and I will give you more specifics on how to plan for your next refinance or purchase loan in Carlsbad California.
Welcome to my home town of Carlsbad, California. Being that I was born and raised in North San Diego County, I have seen Carlsbad change, grow and mature over the years. But never as much in such a short amount of time as in the last five years.
As Carlsbad has continued to grow, one aspect of this coastal community has stayed constant. Carlsbad Real Estate still has a small town feel where most residents know their neighbors, their kids teachers and figures in their local community.
The inevitable thing about growth is that it is always accompanied by growing pains. In the Carlsbad real estate market, these growing pains are ever present with homeowners who bought at the peak of the market. the purpose if this blog entry is to let those homeowners know that they shouldn't panic just yet.
I am currently offering free consolutations to homeowners who believe they are upsidedown on their Carlsbad Real Estate values. Short sales (where your lender may forgive some of the debt you owe and allow you to sell your property) are becoming more common everyday.
The moral of this story is that you should never give up, even if you are upsidedown on your home's value. At WestView Real Estate and Mortgage, Inc., we are here to help. Fell free to contact me anytime for a free evaluation.
Chris Shourds
Welcome to the Mystic Point Complex in Calavera Hills Carlsbad.
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