san luis obispo real estate: San Luis Obispo Home Buyers May Skip ‘Starter Homes’ Altogether
- 03/28/13 06:09 AM
The concept of “starter homes” cropped up after the end of the Second World War, when millions of young families took advantage of low-cost new developments to gain a foothold in homeownership: the emblematic first step in fulfilling the American Dream. Today’s first-time San Luis Obispo home buyers are a lot less predictable—just as the market itself is altogether different. As we recover from the previous years’ economic declines, which temporarily suppressed the number of San Luis Obispo home buyers, the combination of low interest rates and historically affordable home prices allows many to aim for bigger and more accommodating housing— … (1 comments)
san luis obispo real estate: Spring Ritual Protects San Luis Obispo Property Values
- 03/20/13 05:47 AM
The first day of spring falls on the 20th—making Wednesday the day many homeowners start planning their ritual seasonal maintenance. Spring is also the traditional launch of the busy season in real estate, when safeguarding San Luis Obispo property values can become a less abstract matter. Because water damage is Public Enemy #1, homeowner checklists should always highlight three points:
First: the Roof As soon as March’s lion turns a bit more lamb-like, it’s time to get out the ladder to survey roof damage. Leaves, twigs or other storm debris that have clogged gutters during the weather months can … (0 comments)
san luis obispo real estate: San Luis Obispo Good Faith Estimate: It’s Part of the Deal
- 12/27/12 06:18 AM
When you plan on getting a mortgage in San Luis Obispo anytime this winter, you’re fairly certain to run into something known as the GFE. It’s the acronym for ‘Good Faith Estimate’-- and despite the reassuring name, the federal government decided they had better make it mandatory (to me, the opposite of having much faith at all). The GFE has a new format dictated by the federal Real Estate Settlement Procedures Act which requires lenders to provide an estimate of the charges and fees due at closing. Lenders have three days to make it available. The GFE looks like a … (0 comments)
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The concept of “starter homes” cropped up after the end of the Second World War, when millions of young families took advantage of low-cost new developments to gain a foothold in homeownership: the emblematic first step in fulfilling the American Dream.
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