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About Me
As a 2nd generation REALTOR and licensed CA Real Broker, I have has served in management capacities with Century 21 and RE/MAX franchises. While with Century 21 his offices were recipients of the prestigious Pinnacle Award, that recognizes outstanding customer service and production. While with RE/MAX his offices were named by REALTOR® Magazine as the # 3 real estate firm in the U.S. for per agent sales volume, # 9 for growth, and # 85 for overall performance in their annual Top 100 issue.
RealEstate.com, REALTORS®, is a full service residential brokerage. We offer local, on the ground offices to serve our 15 major metro markets across the country. Our industry leading Internet and technology system is designed to help make your transaction go as smoothly as possibe! Our REALTORS® can handle any real estate transaction and offer services for all buyers, sellers, and investors. To find out more simply visit our web site athttp:// www.realestate.com.
RealEstate.com, REALTORS®, is a full service residential brokerage. We offer local, on the ground offices to serve our 15 major metro markets across the country. Our industry leading Internet and technology system is designed to help make your transaction go as smoothly as possibe! Our REALTORS® can handle any real estate transaction and offer services for all buyers, sellers, and investors. To find out more simply visit our web site athttp:// www.realestate.com.
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Jason Lopez's Answers (13)
Jason Lopez answered:
Just continue to do your research! There are many great deals out there and certainly more to come. Study the market, come for a visit and get a feel for the vibe of the communities you are interested in. Know your loan situation going in, have a plan and stick to it. Check outhttp:// www.homepricecheck.com for free real time home valuations so you can get an idea on pricing in different areas. I have great market research from Altos Research I'd be happy to send you. It covers every zip code in San Diego County and offers a comprehensive look at the market. Just let me know and I can e-mail it.
Jason Lopez answered:
As just about everyone has eluded to, nothing in the coastal areas in that price range. However there are many great areas not to far away that may fit the bill. There are also some sources you may not have looked into. As an example, there are many bank owned properties available but not yet on the "open" market. They are available to see and make offers on, if you can overlook the condition of many of them :). Most of these properties are in need of cosmetic repairs, and some loans even have the cost to rehab the home built into the loan. I can add you to my e-mail notification for these types of property if you are interested. Just let me know.
Jason Lopez answered:
Len,
Thank you for your response, however I did not say short sales take 6 months. I said the foreclosure process takes 6 months. I also said each bank has it's own policy on how to process short sales, and that I had personally had 2 short sales take four months to process. In the areas my company works, S. California, we have an over-abundance of short sales and the banks are way understaffed. It is rare that a short sale gets done in less than 2-3 months....most of that tme is spent waiting for the banks (typically there is a 2nd lein holder that needs to sign off) to make a decision.
Thank you for your response, however I did not say short sales take 6 months. I said the foreclosure process takes 6 months. I also said each bank has it's own policy on how to process short sales, and that I had personally had 2 short sales take four months to process. In the areas my company works, S. California, we have an over-abundance of short sales and the banks are way understaffed. It is rare that a short sale gets done in less than 2-3 months....most of that tme is spent waiting for the banks (typically there is a 2nd lein holder that needs to sign off) to make a decision.
Each lender has it's own policies on this. Know that it could take months to get the bank to approve the short sale. The banks are backed up and not doing a very good job of communicating. I had two short sales finally get approval in March that were originally written up in November. Of course the buyers wanted an even lower price because the market has come down more in that time period. List it with a professional that knows how to get things done and is experienced in short sales. 80% of our business is coming from short sales and I have several agents in your area that can help. You also need to list it VERY competitvely as most of the other homes you will be competing with are short sales. But to answer your questio directly, if you can afford to continue making payments, you should. The forsclosure process will take 6 months.
Jason Lopez answered:
I have had dozens of clients use HouseMaster. They are a national franchise company and not only do a great job of inspecting homes, they also have a great Errors and Ommissions Insurance program that adds extra piece of mind. You can contact Joe DeMars, who owns the San Diego County franchise at:
http://locations.housemaster.com/Offices/contact.asp?f_id=000222
I also recommend you visit the California Real Estate Inspection Association website at: www.creia.org and the National Association of Home Inspectors athttp:// www.nahi.org for more information of Home Inspections and inspection companies.
http://locations.housemaster.com/Offices/contact.asp?f_id=000222
I also recommend you visit the California Real Estate Inspection Association website at: www.creia.org and the National Association of Home Inspectors athttp:// www.nahi.org for more information of Home Inspections and inspection companies.
Jason Lopez answered:
One of the great attributes of San Diego property is the diversity. We have everything from early 1900's homes to brand new construction. One popular style would certainly be Spanish architecture. And you ahve both traditional, historic type properties and modern interpretations of this classic style to choose from. Ranch is also another much sought after style. You'll find these homes in some of the more rural areas of San Diego county such as Mt. Helix, Jamul, Rancho San Diego, and even in La Jolla! Visit our site to search all of these types and more!
Specialties
Residential, Land, Condos, Town Homes, Beach, Ranch,
Experience
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Vice President/General Manager for RealEstate.com, REALTORS
I serve as the Managing Broker and Vice President in California for RealEstate.com, REALTORS®. In this capacity I lead a team of over 125 agents and growing. My offices serve San Diego, Riverside, San Bernardino, Orange, and Los Angeles Counties. My goal, in conjunction with our corporate management team, is to insure RealEstate.com continues to provide the highest level of customer service in the industry.
October 2006—present
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