Carlsbad and La Costa Real Estate and Condos For Sale, Carlsbad and La Costa Mortgages and Interest Rates » La Costa Market Trends

Have You Reduced Your Carlsbad Property Taxes?

amewborn — Mon, 31 Aug 2009 17:37:43 +0000

Your Carlsbad property values have probably fallen over 20% in the past two years. You know it. We know it. The San Diego County Assessor knows it. But they don’t reduce your Carlsbad property tax bill without you contacting them to reduce it! Even though you may have missed the May 2009 deadline for property tax reduction, the San Diego County Assessor is giving you another opportunity to reduce your property taxes – through a property tax appeal.

What To Do Next:
1. Fill out the San Diego County Assessor’s form.

2. Provide all the necessary documentation – current Carlsbad property tax bill, opinion of new value, and your Carlsbad neighborhood comparables (back up of opinion of value). Please contact us at (858) 205-2000 for your comparable values. Please be prepared to provide your name, address, email address, home square footage, and number of bedrooms and baths.

3. Mail to the San Diego County Assessor.
Upon completion, mail your forms to:
Clerk of the Board of Supervisors
Assessment Appeals Services
1600 Pacific Coast Highway Room 402
San Diego, CA 92101

Please contact The Mewborn Team for more information.

Time Running Out For First Time Buyer Credit!!!!

amewborn — Tue, 25 Aug 2009 17:29:06 +0000

Carlsbad, CA – If you are a Carlsbad, La Costa, Oceanside, or San Marcos buyer who was hoping to take advantage of the first time home buyer’s tax credit – YOU BETTER HURRY! We are finding a number of things in the current market place:

1. The tax credit expires on December 1st, 2009. That means all real estate purchases have to be CLOSED before then. You can not still be in escrow.

2. If you were hoping to use the tax credit – you can no longer buy a short sale. Most short sales take about six months to complete. There is no longer time to complete the short sale process and close escrow before November 30th.

3. Because of the large amount of buyers, there are often bidding wars on properties under $400,000. If this is your price range, be prepared to make full price offers, and often be forced to counter above asking price.

4. Financing is still tight - and slow! Most “easy” mortgages are taking around 45-60 days to fund.

If you are looking to take advantage of this First Time Buyer Credit – please consider all these facts above. In order to close by November 30th, you probably need to be in a contract by September 30th. You need to be prepared to make strong offers, and you need to work with your professional team of real estate and mortgage consultants to keep the process moving quickly.

If you have any questions about Carlsbad, La Costa, Encinitas, Del Mar, Oceanside, or San Marcos real estate, please call The Mewborn Team. We specialize in coastal luxury San Diego real estate. We are happy to serve as your personal real estate advocate!

Median Home Prices Up For Third Month In A Row

amewborn — Mon, 20 Jul 2009 17:23:10 +0000

If you were looking to buy in La Costa, Carlsbad, or San Diego, and were hoping to catch “the bottom” of the San Diego real estate market – you may have already missed it!

We have been telling clients over the past couple of months that we thought the market had stabilized. In La Costa and in particular La Costa Oaks - most of the lowest sales prices (La Costa comparables) had been BEFORE January 2009.

We have also been telling clients that you won’t know the bottom of the Carlsbad real estate market, until you’re already past it. It seems that may be the case. Dataquick has reported that the Median Home Price for San Diego real estate is up for the third month in a row.

But don’t take our word for it – For the San Diego Union Tribune real estate article – click – San Diego Real Estate Prices.