Newly released figures show that the unemployment rate throughout the country is now at 9.8%. That's higher than it was in the previous month, and it spells problems for the real estate market if you're a seller or if you're just trying to stay in your home. San Diego isn't fairing any better than the rest of the country when it comes to people losing their jobs, and even places like La Jolla and Rancho Santa Fe are seeing more and more people who simply have to move because they can no longer afford the home they once easily paid for.

It's a difficult time in real estate, but all is not lost. Buyers who have good credit and a down payment are still able to purchase homes, even in high-end real estate markets like La Jolla and Rancho Santa Fe. Banks are…

2079 Views, 1 Comments

Purchasing a luxury home in La Jolla or Rancho Santa Fe is an exciting thing to do. For some, it may be the culmination of many years of strategic planning. For others, it could be the result of a windfall, wise investments or simple good luck. No matter what has brought you to the La Jolla area and taken you into the high-end housing market keep in mind that you're still buying something from someone who really wants to get it sold. Because of that, the seller may not disclose everything he or she is legally required to do.

It's illegal for a seller not to disclose certain things, but that doesn't mean an unscrupulous seller won't skirt the rules  to avoid saying something incriminating about the house he or she really wants to get out from under. It's…

1896 Views, 0 Comments

Real estate scams are out there, and even careful people who generally make great decisions have had problems. A recent trend for these scammers is to find people who are in danger of foreclosure and trying to sell their homes. These companies promise to help them - for a price. This has happened in La Jolla and throughout San Diego County, and it's still occurring even though the media has cautioned people to avoid it.

People are desperate to get help, and with the unemployment figure at 9.8%, that help isn't coming in the form of a job for a lot of people. That's when they turn to companies that promise to help them avoid foreclosure and get their homes sold. By the time they've gotten to that point, they just want to sell their home and get out from…

1807 Views, 1 Comments