This 180 degree view hilltop lot is located in Mal Pais, just a short distance from the center of town and some of the best beaches in Costa Rica.
The property boasts ocean, beach and jungle views, along with great ocean breezes. This large and spacious lot is ideal for those looking to build a personal residence, vacation rental or even a small hospitality business, with its amazing views and plush jungle surroundings.
It boasts 9,650 square meters, which is about 2.3845 acres. It is close to surf, beaches, shops, and restaurants.
According to Wikipedia: “Malpais is a town in Puntarenas Province, Costa Rica which began as a fishing and cattle-farming village, and has become popular among surfers and adventure travelers around the world. Recently, Forbes Magazine voted the beaches of Malpais and neighboring Santa Teresa as ‘One of the ten most beautiful in the world.’ Malpais now is known for its incredible beauty, with white sand coves, rocky outcroppings, steep jungle-covered hills, and forests teeming with animals, birds, and insects. While Malpais is still a remote fishing village, it also is known for modern day luxuries. Many excellent hotels and luxury houses have been built in recent years, and there are many excellent restaurants, with cuisine from around the world.”
Give me a call today to see how this area can be your second or even first home at 650 483-4932.
One of the reasons you won’t buy a house is because you can’t come up with the 20% down needed for the down payment, right?
It’s true that having a bigger down payment cuts the overall costs associated with getting a mortgage loan: borrowers likely will have to pay higher costs over the life of the loan – including higher interest rates and usually mortgage insurance.
However, according to a National Association of Realtors profile report, for the past three years, the median down payment for first-time buyers has been 6 percent and 14 percent for repeat buyers. But, when consumers are asked about the down payment amount they need to buy, 87 percent of non-owners say that a down payment of 10 percent or more is necessary.
The Wall Street Journal also reports that some lenders are luring more home buyers back by waiving mortgage-related fees and even showing more acceptance of allowing down payments to be made by others, such as the borrower’s family members.
So, what does this mean for you? There are mortgage options available for creditworthy borrowers with manageable levels of debt and smaller down payments. If you are interested in buying your first home in 2017, you should do the following:
1) Review your finances,
2) Sit down with a lender to see how you can qualify for a mortgage, and
3) Call me at (650) 483-4932 to help me find your home!
There are benefits of owning agricultural real estate. With a rapidly growing global population and a steadily decreasing amount of arable land, ownership of a piece of real estate that produces a high-demand, non-perishable crop can be a winning combination.
I met with business directors for International Coffee Farms at a real estate event in Las Vegas recently and they gave me some really good information. They live in Panama and grow an amazing Specialty Coffee (which I was able to try) , and explained to me their business model.
They can chose to sell their coffee to China, Europe, Australia or North America. Using the nearby Panama Canal adds to the efficient business process.
What they told me was, that If you love the idea of owning a coffee farm in Panama and see the benefits, you might not necessarily want to travel down there, learn a new language, do your own due diligence to identify the farms, negotiate the terms, set up a farm management company, run the farms, hire the crew, pay social security, build a mill, process, market and sell the coffee.
Using the ICFC, you don’t have to, since this is what they take care of!
Some facts of the coffee industry, International Coffee Farms and Panama:
There is land available, the team is built, the market is there and the product is proven – Coffee is a $90 billion industry worldwide and loved by many people.
Coffee is the 2nd most traded commodity in the world, only after OIL in dollar terms, and the consumption of high end specialty coffee is rapidly increasing.
The world is drinking more coffee, with demand likely to rise almost 25% in the next five years, according to the International Coffee Organization.
Please call me at 650 483-4932 or email me at firstname.lastname@example.org for more information on how to get started, and more information on the International Coffee Farms
Nicely updated condo! Located in one of San Francisco’s fastest growing, up and coming neighborhoods. This is a 3 bedroom, with 1 full and 2 half baths. New exterior shingle siding and new backyard Redwood fence. The well thought out 2-level floor plan shows the living, entertaining and kitchen space on the first floor and the top floor shows the master suite and 2 more bedrooms. Excellent natural lighting throughout the unit, with a storage shed, and a south facing private patio. Great location near the Dogpatch neighborhood, AT&T Park, Mission Bay, and near public transportation. This is an excellent opportunity to own in San Francisco!
Selling your home in the Winter season may actually be a good idea.
According to statistics, the Spring season is the best time since you have a better chance of selling for over asking (the list price) and getting into contract.
But, the second best season to list a home? That would be the Winter months. According to Redfin’s new report, Spring just nudges out the Winter season.
Spring listings received 18.7 percent above the asking price while Winter listings were close behind at 17.5 percent. Also 48 percent of homes listed in the Spring sold within 30 days and 46.2 percent of homes in the Winter sold within those same 30 days, not much of a difference!
Summary of the statistics:
Spring: 18.7% sold above list price
Winter: 17.5% sold above list price
Summer: 15.1% sold above list price
Fall: 14.7% sold above list price
Some reasons why listing your house in the Winter months are good:
Some sellers are waiting until the Spring season to list their home, but by then other seller listings are also on the market.
Your house will stand out better in the Winter months with less houses on the real estate market.
Buyers that are buying need to do so, regardless of the temperature outside. They may need to move immediately, for example, to re-locate for work.
The Winter months in the San Francisco Bay Area are not frigid like in other parts of the country as it can be back East, thus not affecting the real estate market as much.
Buyers without children or of school age may not need to be settled in their new home before the school year starts, thus can begin their search at anytime.
The perceived notion that buyers can get a better deal in the Winter months (somewhat) will bring out serious buyers.
If you have thought of selling or buying your home right now, give me a call at 650 483-4932. Also, call so I can send you my brochure “Selling Your Home in the Winter” which, by Redfin’s statistics, is certainly not a bad idea.
Improved home buying affordability can mean more Buyers will be searching and buying homes, most likely for the first time. Home Buyers can take advantage of historically low interest rates and any down payment assistance programs that may exist in their city of choice.
Call/Text/E-mail me on how I can help you achieve the goal of purchasing your home. Call me at 650 483-4932. E-mail: email@example.com.
More homeowners have gained equity if you own a home on the San Francisco Peninsula, according to a new report released today.
CoreLogic® (NYSE: CLGX), a global property information, analytics and data-enabled solutions provider, just released an analysis showing that U.S. homeowners with mortgages (roughly 63 percent of all homeowners) saw their equity increase by a total of $227 billion in Q3 2016 compared with the previous quarter, an increase of 3.1 percent.
According to Frank Nothaft, the chief economist for Corelogic: “Home equity rose by $12,500 for the average homeowner over the last four quarters. There was wide geographic variation with homeowners in California, Oregon and Washington gaining an average of at least $25,000 in home equity wealth.”
The main cause of equity increase? Anand Nallathambi, president and CEO of CoreLogic: “Price appreciation is the main ingredient for home equity wealth creation, and home prices rose 5.8 percent in the year ending September 2016 according to the CoreLogic Home Price Index. Paydown of principal is the second key component of equity building. Many homeowners have refinanced into shorter-term loans, such as a 15-year loan, and by doing so, they have significantly fewer mortgage payments and are able to build equity wealth faster.”
The metro level, with the cities that have the highest percentage of mortgaged properties with positive equity are:
San Francisco-Redwood City-South San Francisco, Calif.: 99.4%
Houston-The Woodlands-Sugar Land, Texas: 98.5%
Denver-Aurora-Lakewood, Colo.: 98.4%
Los Angeles-Long Beach-Glendale, Calif.: 96.9%
If you would like a copy of CoreLogic’s 3rd Quarter 2016 Equity Report, and/or what this means for you if you are thinking of Selling, send me an email to firstname.lastname@example.org or give me a call at 650 483-4932.
Selecting the right agent is the first and most important step in helping you sell your home for the most money, in the least amount of time, with the least inconvenience to you. So, how do you choose a Real Estate Agent? What questions should you be asking them?
The real estate universe is full of people who sell real estate. Some agents are hard working, focused and great communicators, both with their clients, other real estate agents and the public . There are others, unfortunately, that are not. Whether you’re a buyer or seller, here are 8 ways on understanding on how to assess a real estate agent’s abilities to help you achieve your buyer or seller objectives, by looking at the major events in the real estate transaction.
The 8 Major Events in a Real Estate Transaction:
Overall Marketing Management. Experience in marketing. Ask the agent their AND their company’s history on what they do. What real estate education or Designations do they have, which will help them help you? What local and worldwide networks do they belong to? What is their local market share? How quickly did their listed homes sell? What is their Expiration Ratio (how many listings resulted in a closed sale)? Can you request and receive the agent’s references and recent clients? Why do they charge the commission they are proposing? (most importantly how do they react to this question? See more in point 8)
Exposure to Other Real Estate Agents. What method(s) do they use to communicate with other top agents? Why do they compensate what they do to the other agent? Do they do office tours, agent open houses and agent networking? Can they show you how they have done it with their last clients?
Exposure to The Public. What is their marketing plan, strategy and implementation for your particular home? What is their: 1) Mass Market, 2) Local Level , 3) Neighborhood exposure, and 4) In-home marketing plan? Do they have a single page flyer they can give you on the spot on some top marketing ideas they will be doing?
Securing Buyer Prospects. How does the agent respond to prospect inquires? For example, how does the agent convert a phone call into an actual showing of your home? How long does it take to respond to a 1) Phone call or text, 2) an e-mail? What systems are used to capture prospects and to respond to questions on your home? Do they answer their own sign calls?
Preparing Your Home For Sale. What guidance takes place to prepare the home to make it most appealing to the maximum amount of buyers without breaking the bank? Does the agent provide insurance and warranties? How will they keep you from potential lawsuits after your home has sold? How will they communicate to you the showings and interest in your home? What if you don’t want a key box safe installed on your front door?
Their Negotiating and Closing Skills. This is perhaps the area which is the most misunderstood and least talked about when a homeowner interviews his/her prospective real estate agent. The agents skills will almost always determine what you will get in the end. For example, ask them what are the most common buyer objections, and how they will overcome them? How do they treat low-balling, or a really high offer? What do they do to get the buyer to a binding contract and stick to it until the selling process is complete? What education do they have for selling your home? Do they have the SRS—Seller Representative Specialist designation, recognized by the National Association of Realtors (NAR)?
Getting The Deal Done. Ask how the agent manages the entire closing process. How will they respond to problems, as they are guaranteed to come out during the closing process? How do they handle the closing calendar? Do they have a licensed, experienced assistant that is an expert in doing all the important paperwork? When do they communicate with you, the seller, on what needs to get done, how and why? How and when will they update you?
Getting Your Final Equity Payment. Once the above major events are successfully completed, you will receive your hard earned money!! Something to note is the agent should be able to discuss what they charge in commission and why. Also, what they pay for out of their own pocket to get your home sold for the most amount of money in the least amount of time.
Call me at 650 483-4932 to give you my detailed marketing management plan and for you to ask me how I will manage these 8 Major Events in selling your home, and possibly helping you with your next purchase.