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Steve Trieu

Morley Field San Diego

09-18-10
Steve Trieu

Morley Field San Diego is another one of those "great escape" Activity areas in North Park San Diego.

Residents of North Park San Diego (non-residents too) enjoy a multitude of activities in and around Morley Field San Diego, including: tennis, swimming, archery, disc golf, bocci ball, and velodrome cycling.  There is also a 2-Mile Trail for hiking, jogging or a scenic walk. And for folks who like to work-out in the great outdoors, there is an 18-Station Fitness course as well.

It's no wonder why the homes with a "Stones Throw" of the park retain their value so well. You will find many examples of classic San Diego Architecture around Morley Field and in North Park, including: California Craftsman, California Bungalow and Craftsman Bungalow, Mediterranean, Spanish Style and some Tudors.

Morley Field San Diego is located at: 2221 Morley Field Dr, San Diego, CA, 92104. (Texas and Upas Streets)

 Did you Know THIS about Morley Field San Diego


Morley Field San Diego was named After: John Morley who was the park superintendent in Balboa Park from 1911 to 1939.

Morley Field San Diego Has An "Off Leash Dog Park" for your Pooch!

 


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Morley Field San Diego Photos

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Homes In San Diego For Sale-Around Morley Field San Diego Photos

Copyright © 2010 By Steve Trieu-Munson Realty,Homes in San Diego for sale,All Rights Reserved*Morley Field San Diego*

North Park San Diego

09-11-10
Steve Trieu

North Park San Diego is an eclectic neighborhood in San Diego, California that, like many San Diego Metro neighborhoods are, has enjoyed a renaissance and gentrification in its neighborhoods and property values over the recent several years.

North Park includes the neighborhoods of Burlingame, Altadena, and the Morley Field area.The homes you’ll find in North Park San Diego are a real mix of architectural styles and hybrids from different eras including: Craftsman Homes, Craftsman and California Bungalows, Spanish, Mediterranean with a few Tudors sprinkled in the mix.

Downtown North Park San Diego is punctuated by The North Park Sign which is in clear view of the North Park Theatre which was revitalized On May 21, 2004. From there you can practically walk to many dining and entertainment venues where you will see folks from all walks of life having a night out of cocktails or enjoying a fantastic meal.

There’s rarely a weekend that goes by without some sort of festival or event happening, including the Farmers Market on Thursdays. And of course what would San Diego be without scores of people of all ages jogging, walking, biking, or taking a stroll through any given street.

Speaking of outdoor activities, the Morley Field area of North Park boast several tennis courts, hiking trails, and even a beautiful playground for the kids. There is no shortage of outdoor activities in North Park!

Did you know This about North Park San Diego?


North Park San Diego Was Was Established In: In 1893, 40 acres of land north of Balboa Park was bought by James Monroe Hartley and his family to grow lemons, which today became the center of North Park’s commercial district.

Population: North Park San Diego's current population to date is 16,354.

North Park Was Named After: When progress in San Diego caught up reaching the Hartley lemon grove, James Hartley referred to his property as Hartley’s North Park. The name evidently stuck over the years and today it is simply called North Park.

  • Famous Residents That Live or Have Lived in North Park:
  • Maureen Connolly, the first woman tennis player to win four “Grand Slam” tennis tournaments in the same year. She was best known as “Little Mo.”
  • Ted Williams, also known as The Kid, the Splendid Splinter, Teddy Ballgame, and the Thumper is a Major League baseball player and is one of the greatest hitter the baseball world has ever known.

Fun Fact about North Park: As San Diego’s SoHo, North Park is fast becoming the city’s core of culture and artistry. A monthly festival, Ray at Night, is a gallery walk on Ray street to the numerous art galleries showcased by local artists. Of course, free wine and cheese are served for free in most galleries with music and dancing along the street.

Other Areas close to North Park: Just north of Balboa Park, North Park is neighbor to culturally-diversed communities like Hillcrest, University Heights, Kensington, City Heights, and South Park.


More North Park San Diego Photos

North Park Farmers Market

North Park San Diego Mediterranean Style Home

North Park Theatre

Homes In San Diego For Sale - In And Around North Park

 

Homes In San Diego For Sale In North Park Copyright © 2010 By Steve Trieu|Munson Realty |All Rights Reserved| Homes in San Diego for sale * North Park San Diego*

San Diego Short Sale Experts-What Is A Home Short Sale?

09-02-10
Steve Trieu

What Is A Home Short Sale? When a home owner must sell their home for less than they owe on the what is a home shor saleproperty, and the lender that they owe the money too agrees to take less than the borrower (homeowner) owes, that is a short sale. Here's how it works. Let's say "Joe The Troubled Home Owner" Owes $400K on his home, he just lost his job and must sell. Unfortunately the house next door to Joe's (almost identical) just old for $300K. Clearly no one will pay $400K for Joe's if his neighbor just sold theirs for$300k. The only way for Joe to walk away from his home without being foreclosed upon is to put his home on the market with a "short sale specialist" find a buyer at the new market value of $300K and get the bank he owes the original $400K, to "forgive" the $100K negative. (the difference between the $300K the new buyers willing to pay and the $400K he still owes). That $100K negative difference is the "short" of the sale. The short sale process can take from 30 days (rarely this quick) to several months. The borrower who decides to do a Home Short Sale must be aware of the following:

  • They must first prove "Financial or other Hardship" to the lender
  • They must enlist the services of Realtor who is a Short Sale Specialist.
  • They must be prepared to provide financial documentation such as Tax and Pay stubs.
  • They Should seek the advice of an Attorney and Tax professional.

Here are other FAQ's Regarding Short Sales

What is Considered Hardship for a Short Sale?

Here are just a few examples of Hardship.

  • Loss of Job
  • Becoming disabled
  • Divorce
  • Death of a spouse

Click here to learn more about Hardship For Short sale

What is the difference between a short sale and foreclosure?

Please Follow this link for a thorough explanation of the difference between a short sale and foreclosure

Can one of my family members purchase my home as a "short sale"?

The borrower or short seller of a home may not benefit from the short sale of their home. That means directly or indirectly (family member purchasing the home and you making payments through them on the lower loan amount).

Banks mostly insist on a "Arms Length Transaction" which basically means non-relational transaction. This also means your agent can not offer you a kick back of their commission. This is an absolute no-no!

what is a short saleShort Sale Alternatives,are there any?

  • Refinance | If your are current with your mortgage payments then this is a pretty good option. But typically speaking, distressed homeowner don’t have any equity in their home and their credit is shot so this not going to be an option for many.
  • Do nothing or walk away | The Implication is clear hear and the lenders only option will be to foreclose on your property.
  • Lender Workout | Your lender may be willing to: 1. Add the missed payments to the existing loan balance. 2.Change the interest rate, including making an adjustable rate into a fixed rate. 3.Extend the number of years you have to repay.
  • Sell And Bring Cash to Closing
  • Deed in lieu of foreclosure: Generally speaking, if there is equity in the home the lender may opt for this choice. Frequently there is no equity and this is not an option.

Click Here for More on Short Sale Alternatives

Can I live in my home?

Yes you may live in your home but for you to have a successful short sale you must be willing to maintain and show your property as assertively as you would in a traditional sale.

Are there tax consequences?

It is very important that you consult with a tax professional before you short sale your home so you fully understand how a short sale may or may not affect your tax situation. Every situation is different and as Realtors' we are not qualified to answer tax questions.

Copyright © 2010 By Steve Trieu, Munson Realty-San Deigo Short Sale Experts|What Is A Home Short Sale*what is a home short sale,what is a short sale