Check out this new Land property that I just posted on my Web site. It is in Las Angeles County. Great 92.7 ac of land with incredible potencial for development orcreation of new business. The property is zone LCA12 and is next to wind mills farm. Has access to a main road and it is an a area with lots of water. No well on property but seller has been told easy to drill and lots of water.

Check out this new Land property that I just posted on my Web site. It is in Las Angeles County. Great 92.7 ac of land with incredible potencial for development orcreation of new business. The property is zone LCA12 and is next to wind mills farm. Has access to a main road and it is an a area with lots of water. No well on property but seller has been told easy to drill and lots of water.

 LUXURY HOME BUYING!  By:         Lisa Vomero Inouye & Zoraya de la Bastida Zbest Team in Real Estate @ Keller Williams Realty  

Great news!  There are two factors which have made this the best time to move up into that luxury, executive, estate home that you have always wanted!   œWhy now?   You may ask!   First and foremost, mortgage interest rates have not been this low in 50 years!   Yes, 50 years “ since, they started tracking the data!   Secondly, in today™s market there is a large amount of housing inventory and record numbers of distressed and foreclosure properties – at all price points, which was previously unheard of, in the high- end upscale market!

Additionally because of the record number of short sales and foreclosures, inventory continues to rise – which is causing home values to decrease and the amount of people overall, that can afford to move up – shrinks.   Thus, the basics of supply and demand creates the perfect opportunity of low demand, resulting in low absorption rates, which increases inventory, balanced with low rates, produces renewed and MAXIMUM BUYING POWER, especially if you:

1. Have maintained a solid and high FICO credit score;
2. Do not currently own a home or bought a home more than 10 years ago; and
3. Have available cash reserves and/or equity for the new luxury home purchase.

As you may remember, these key points also resonate from our previous article outlining the steps to becoming a successful Millionaire Real Estate Investor, from the book of the same name by Gary Keller, founder of Keller Williams Realty.

So now that you know that this is the perfect time to move up to, and buy your luxury, dream home, what key concepts should you consider getting the most value for your money?  In summary, based upon our extensive knowledge and current trends in the luxury, re-sale market here is a brief outline of what to look for when shopping for your new executive home – besides location, location, location!

1.           Hire a full-time, professional, licensed agent that is certified by the Institute for Luxury Home Marketing with access to the International Multiple Listing Service.

2.           Regardless of whether or not you have school age children or are sending them to private school, look for distinctive properties that are located in the best school district(s).

3.           For the upmost luxury and sense of maximum privacy and security insist on guard gated and staffed communities that also offer private and after hour security patrols, such as: Del Mar Country Club, Fairbanks Ranch, The Bridges, Crosby Estates, Cielo, Rancho Pacifica, Palacio Del Mar, The Heritage and Santaluz, to name a few.

4.           For the ambience of luxury consider all the amenities that are offered or are available within the community, such as: a golf course, pool, spa, social clubs, tennis and equestrian facilities, which often sway buyers in a positive direction when they are making their final decisions between properties in the same area and zip code, as they afford the very best value that money can buy and maximum upside resale value!

 For more information and additional resources on finding your perfect luxury home call us toll free 1-800-804-0545!

Great news going into the weekend.   We have seen a nice drop in rates over the last week, about 0.50% across the board.   This drop equates to an increase in buying power and an increase in buying options.  
 
Increased buying power, four examples with a 30 year fixed:
 
·                 A payment of $1,565 at 5.25% equated to a loan amount of $283,400.   Same payment but at 4.75% equates to a loan amount of $300,000.   Loan amount increase of $16,600.
·                 A payment of $2,175 at 5.25% equated to a loan amount of $393,875.   Same payment but at 4.75% equates to a loan amount of $417,000.   Loan amount increase of $23,125.
·                 A payment of $3,440 at 5.375% equated to a loan amount of $614,300.   Same payment but at 4.875% equates to a loan amount of $650,000.   Loan amount increase of $35,700.
·                 A payment of $5,577 at 6.00% equated to a loan amount of $947,000.   Same payment but at 5.50% equates to a loan amount of $1mil.   Loan amount increase of $53,000.
Increased buying options:
 
Let™s say the buyer was already going to borrow $417,000 or $650,000.   The reduction in interest rates would lower their payments by $127 at $417,000 and almost $200 at $650,000.   This loan payment reduction might now allow buyers to look at communities with amenities such as a community pool, tot lot/playground, and common ground landscaping; amenities that many families are looking for but were unable to afford due to the $50 to $200 additional HOA fee.     The lower mortgage payment now leaves room to absorb that HOA fee.   This gives the buyer more properties from which to choose.

For any additional questions just call Zbest Team in Real Estate,  1800-8040545

I™ve just sold a New – single family property at 820 Erica in Escondido. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

I™ve just sold a Resale – condo-townhouse property at 9 1918 Columbia in San Diego. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

I™ve just sold a Resale – single family property at 2710 Mackinnon Ranch in Cardiff By The Sea. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

Check out this new property that I just posted on my Web site. It is in San Diego.