Now is the time to invest in San Diego luxury properties! The top five zip codes in San Diego are Rancho Santa Fe, 92067, La Jolla, 92037, Del Mar, 92014, Coronado, 92118 and Mission Hills, 92103 and Million Dollar price drops are becoming more and more common.
Yes, even the luxury market is not immune to this gloomy economy. Many people are still wondering what to do with the money they pulled out of the stock market. In my opinion, it is the prime opportunity to invest in luxury properties in San Diego. Rancho Santa Fe was just ranked #9 as one of the priciest zip codes in America. It is also noted for one of the top school districts in the nation. To find out more about Rancho Santa Fe, just click HERE.
Take advantage of the deals that are out there right now. I would highly recommend finding your home via my home buyer website at www.FreeHomeSearches.com and when you find the perfect investment home, just call or email me and I'll set up the showing and assist you in writing an offer. Please contact me here if you have any further questions.
NEW LOAN DISCLOSURE RULES MAY POTENTIALLY AFFECT CLOSE OF ESCROW Starting July 30, 2009, if the APR on an initial Good Faith Estimate is no longer accurate (within a 0.125% range) at close of escrow, a lender must generally provide a residential borrower with a new disclosure and a three-day right to rescind before consummating the loan. REALTORS® are forewarned that, because of this new three-day waiting period, a lender's failure to timely provide corrected disclosures has the potential of delaying funding of the loan and close of escrow.
This new requirement is part of the Mortgage Disclosure Improvement Act (MDIA) implementing new loan procedures to protect borrowers and foster greater transparency in mortgage lending. For loan applications submitted on or after July 30, 2009, the new MDIA changes to the Truth In Lending Act are generally as follows:
Applicability: The new MDIA rules pertain to federally-related mortgage loans covered under RESPA and secured by a consumer's dwelling. The rules apply to both purchase and refinance loans. Early Disclosures: A lender must provide a borrower with an initial Good Faith Estimate within three business days of receiving the borrower's written loan application as specified. For this provision, a "business day" is generally defined as a day on which the lender's offices are open for business.
Upfront Fees Restriction: Neither a lender nor any other person may impose an upfront fee on the borrower (except for credit report) until the borrower has received the early disclosures in person or, if mailed, three business days after the early disclosures are mailed. For this rule, a "business day" is defined as all calendar days except Sundays and legal public holidays as specified. Seven-Day Waiting Period: A lender must wait seven business days after providing the early disclosures before consummating the loan. For purposes of this waiting period, a "business day" is defined as all calendar days except Sundays and federal legal holidays as specified. A borrower may waive the waiting period in writing in case of personal financial emergency, such as an imminent foreclosure sale.
Re-disclosure Requirement: If the final Annual Percentage Rate (APR) at loan consummation varies more than 0.125% (or 1/8 of one percent) from the initial APR on the early disclosures of a regular transaction, the lender must provide the borrower with a corrected disclosure at least three business days before the loan is consummated. For purposes of this waiting period, a "business day" is defined as all calendar days except Sundays and federal legal holidays as specified.
Three-Day Waiting Period: For corrected disclosures, a lender cannot consummate a loan until three business days after the the borrower receives the corrected disclosure in person. If the corrected disclosure is mailed, the borrower is deemed to have received it three business days after it is placed in the mail. A borrower may waive this waiting period in writing in case of a bona fide personal financial emergency, such as an imminent foreclosure sale.
The new MDIA rules and regulations are set forth at 74 Federal Register 23,289 (May 19, 2009) (to be codified at 12 CFR 226).
No. 9 Rancho Santa Fe, Calif.
92067, San Diego County
Median home price: $2.47 million
Known by locals as, "The Ranch", Rancho Santa Fe is widely regarded as one of the most covenanted neighborhoods in America that includes the top school system in the U.S. Some of the best private golf clubs, country clubs and horseback riding in the country is offered here. See more below:
See more about Rancho Santa Fe at my website here. Search for Rancho Santa Fe foreclosures. There are several Million Dollar price drops in the Ranch. Use my state of the art home search tool to find your next dream home in one of America's best neighborhoods. Click here to start your search!
PRESS RELEASE:
7/17/09, San Diego-One of the top real estate agents in San Diego announced today that cell phones can be turned into the ultimate house-hunting tool. Todd Armstrong with Woods Real Estate Services is providing consumers with a mobile application called Homes for Sale that makes it possible to search all local property listings from their mobile device, regardless of whether it is listed by Todd Armstrong or another broker/agent. Homes for Sale can be downloaded to virtually any cell phone by visiting http://www.smarteragent.com/hs/armstrong
With Homes for Sale, consumers can be in any neighborhood and view detailed home information at the touch of a button. The GPS technology in the mobile phone, when available, locates users and pulls up addresses and information on property listings in their immediate area. Sales price, square footage, tax information, beds/baths, interior and exterior features and pictures become available instantly in the palm of their hand.
Consumers can also search by address, community, city or zip code when GPS is not available, or if they want to search for real estate in a particular area other than their current location.
The "Call to See" feature within the Homes for Sale application will connect users to Todd Armstrong if they have further questions or want to schedule a tour of the property.
"After seeing this technology used as a home buyer's tool, it was a no brainer; I immediately signed up for the service and offer it to my clients free of charge. We all live busy lives and if I can have tools that allow me to provide a better service to my clients, then I'm all for it. My home buyers love this service." Todd Armstrong
When downloading the application from Todd's website, www.DwellSanDiego.com, consumers will find a Armstrong & Associates tool which provides instructions on how to send the application to their personal cell phone.
Homes for Sale by Smarter Agent is available as a fully downloadable application and premium mobile web version on 95% of cell phones. The fully downloadable application is free to download on Sprint devices, BlackBerry devices across all carriers, the iPhone, and Google's Android G-1. The premium mobile web version is free to access.
Todd has been representing buyers and sellers in San Diego for the past 10 years. From multi-million dollar, elite properties to modest condos, Todd has negotiated his way to a highly successful real estate career. See more about Todd Armstrong & Associates at www.DwellSanDiego.com.
...and some as low as $45,000!
Yep you read this correctly. As of yesterday, 6/26/09, there are over 300 homes listed for sale in San Diego for under $100,000. There are several homes listed under $50,000. Who would have thought that one of the most expensive markets in America would finally deflate and become affordable again to the masses. Check out all the homes for sale in San Diego at www.FreeHomeSearches.com.
Ready to jump into the San Diego market? Contact me before you do anything. There are alot of things you need to know about "Short Sales" and "Foreclosures". There is a definite strategy you need to follow in order to get your offer accepted. Most "distressed properties are receiving "mulitple offers" and you need an agent that knows the market and knows how to structure an offer in order to have the best chance of being accepted. Your offer needs to stand out against the other dozen buyers who are competing with you. Check out more about Armstrong & Associates at www.DwellSanDiego.com. Let's find you the "deal of the century". Let's find you a great first home or investment property!
We specialize in luxury homes in metro San Diego. I live and work in Mission Hills/Hillcrest & service the surrounding neighborhoods of Downtown, Bankers Hill, North Park, & University Heights.
Search All San Diego Homes for Sale
What's the difference with Armstrong and Associates?
We bring years of experience, effective marketing and proven results to sell your home and help our buyers find the perfect dream home!
A highly successful 22 plus year Navy veteran, Todd started his real estate career over 10 years ago where he immediately found success representing high-end residential clients in Rancho Santa Fe. His superb negotiating skills with multi-million dollar, elite properties set himself apart from his peers. He then started his own Real Estate Company and quickly rose to the Top Producer nd Number One agent in that company both in the numbr of units sold and total sales. His extreme deication to his clients, superb negotiating skills and proven marketing plan has been the key to his success. Click HERE to contact Todd. Check out my state-of-the-art website at www.DwellSanDiego.com "My Team of Professionals are ready to help you navigate through all areas of the complicated real estate transaction including Title, Escrow Services, Financing, Appraisals and more." Try out my newest home finder tool. Imagine you are driving around your favorite neighborhood and you want to know what homes are for sale. Just hit your button on your cell phone and my service uploads all properties for sale in your immediate location. Click the banner below to sign up. It's free and works with all cell phones.
My Philosophy
"Armstrong & Associates was formed because I wanted to be surrounded by like-minded, goal oriented, successful professionals who also make this business FUN. I really enjoy working with all aspects of this business and it is truly one of my greatest passions." I specialize and live in Mission Hills, but also work the markets in Hillcrest, North Park, Downtown and University Heights as well as the high-end residential market of Rancho Santa Fe, Del Mar, La Jolla and the rest of San Diego County. I am also active in the community working closely with community leaders by contributing to the plight of the many homeless youth in San Diego."
Effective Marketing Gets Results!
Real results in real estate have one thing in common, effective and dynamic marketing! My aggresive marketing plan utilizing cutting edge technology, print ads and a saturated internet presence that is unmatched in the industry. Don't believe me, Google "Todd Armstrong real estate" then google my competition. See more about my marketing HERE!
High-End Residential Homes
Marketing a luxury home is completely different from your average home. You need an agent experienced in handling complicated transactions, the "art" of negotiating with the proper marketing plan.I have had extensive experience working in one of the most expensive neighborhoods in the United States, Rancho Santa Fe. I started my career working at Fairbanks Ranch Realty; one of the first real estate offices established in "The Ranch". Additionally, I have represented several luxury buyers and sellers in my own neighborhood of Mission Hills. I offer "honest" assessments of property values. I give you facts backed up by data, not fluff and speculation. Interview at least 2 other agents and then interview me so I can show you how my marketing plan of action works to sell your luxury property in this tough market. I offer confidentiality, privacy and professional representation for buyers and sellers.
Military Relocation
"One of our key areas of expertise is Military Relocation. After serving over 22 years in the US Navy, I know the in's and out's of a stressful Military move and transfer to a new duty assignment. I have served overseas, aboard ships and at shore commands throughout my career. I have helped dozens of Navy and Marine Corps families realize the American dream of home ownership. My team is well versed in all areas special financing options available to Military members. Give me a call and I'd be happy to help you out."
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