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One of the biggest hurdles many solvent investors have had these days is Fannie Mae's (FNMA) limitation on the number of one- to four-unit financed properties.  This limit dropped to four properties over the last year or so, which has hamstrung many investors looking to add to their real estate portfolio. However, according to FNMA Announcement 09-02, borrowers may now have up to ten financed properties without having to pay the higher rates of private or hard-money resources.  In the current...continue reading...

HotOnSanDiego – Real Estate News & Information For Escondido, Rancho Bernardo, and North County

Attention Santa Fe Valley Homeowners... We specialize in selling homes in the communities of Salviati, Bel Etage, and Savenna. In fact: When we represent you, We Guarantee we will have your home SOLD in 90 days or Less! At our brokerage, Windermere Exclusive Properties, we closed escrow on over $275,000,000 worth of Local Properties in 2007 and we are selling even more properties this year. What this means to you is... We know how to get your home sold! If you are...continue reading...

HotOnSanDiego – Real Estate News & Information For Escondido, Rancho Bernardo, and North County

Unlike other areas of Rancho Bernardo, 4S Ranch, and the Santa Fe Valley, the gated ColRich Homes communities of Bel Etage, Salviati and Savenna don't have an overabundance of listings. In fact, these three communites have only a very few homes available at all. What's the reason you may ask? These neighborhoods of estate homes, built by Colrich just a few years ago have had very low turnover and virtually no owners currently testing the current market conditions. ...continue reading...

HotOnSanDiego – Real Estate News & Information For Escondido, Rancho Bernardo, and North County

Hello Salviati Homeowners; Yes, there is hope in this ever changing real estate marketplace. Recently, we just closed escrow on 17037 Castello Circle, at a price of $1,800,000! For those of you who don't know...this is the highest sale price in the development so far in 2007. The day after we closed escrow on this property, 17082 Castello Circle (just a few doors down) closed escrow at a price of only $1,500,000! I think that no matter where we live, a $300,000 price...continue reading...



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