3 Ways Young People Can Build Wealth Through Real Estate Sean Zanganeh Real Estate podcast

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What you need to know about the future of our housing market. Will home prices continue to increase, or will we fall into a recession? Today I want to briefly discuss the future of San Diego’s housing market. In May 2022, the average home price in San Diego reached $1 million. What does this mean for sellers? First, our market has had crazy-high appreciation recently, but things may calm down soon. The market won’t crash, but instead of 25% appreciation, we may only see around 10%. Second, pricing your property correctly is more important now than ever. The market is still ascending, but just because your neighbor sold for a certain amount doesn’t mean you’re guaranteed to get a little more. The market is moving at a slower pace, but smartly priced homes are still selling with multiple offers over list price. However, overpriced homes are sitting on the market longer than they would have a few months ago. “2022 will be full of opportunities.” Meanwhile, interest rates continue to be the biggest factor in our market for buyers. If you became pre-approved a few months ago, I recommend you go through the process again. Your rates have likely changed, and it could impact your buying power. The last thing you want is to find your dream home only to learn you can’t afford it. Overall, I think 2022 will be full of opportunities. It will likely be easier to buy and sell a home at the same time since there will be more inventory and less competition. Despite these factors, home prices won’t fall anytime soon. Even if inventory rises, it will still be very low. Instead of homes selling with 25 or 30 offers, they’ll sell with three or five, which is still good. If you want an experienced professional to help you take advantage of this market’s opportunities, please call or email me. I am always willing to help!…

Sean Zanganeh Real Estate Podcast

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3 Factors Making Remodels More Difficult in 2022

4 years之前

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Here are some challenges you might face when remodeling your home. Should you remodel your home in this market prior to selling? There’s a lot to consider, particularly the three factors that are making remodels more challenging in this market than a normal one: 1. Supply chain issues. Real estate has been affected by these as well. This is likely not going to change anytime soon. 2. Increase in inflation. Repairs simply cost more to make now than they used to. Bigger projects become even bigger and more expensive as a result. 3. Difficulty finding good help. Finding good contractor work is essential for a successful remodel. We’re fortunate to work with some quality vendors that we have great relationships with and can recommend to our clients. Let me know if you’d like their information. If you have any questions for me about remodeling, buying, selling, or real estate in general, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.…

Sean Zanganeh Real Estate Podcast

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How To Start the Home-Buying Process in San Diego

4 years之前

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Here are a few tips to help you successfully buy a home in San Diego. Are you interested in buying a home in San Diego, but you don’t know where to start? Today I’ll share a few tips and tricks on how to win in today’s real estate market. First, we like to sit down with our buyers to find out about your needs. Do you have a family? Do you want to live in an urban setting? Are you looking for good schools? Are you looking for nightlife attractions? Do you love beaches? All these questions will help us find your dream home. Similarly, we need to know if you’ll need to commute for work. Many people think that they’ll be fine living far away from their workplaces, but as we come out of the COVID era, the traffic is starting to return to San Diego. The location of the home makes a huge difference; one or two exits could add 15 to 20 minutes to your commute each way. Next, we’ll create a hot map by looking up properties that sold over the last 60 days over the area you’re interested in to see if it’s a good fit for you and your family. Looking at homes that border the area you’re looking in is a good backup plan to help you get a better deal. “The location of the home makes a huge difference; one or two exits could add 15 to 20 minutes to your commute each way.” We recommend that you schedule a time to sit down with us to talk about the area. We’ll help you learn about the landmarks, shopping centers, restaurants, and bars where you’ll be moving so that you know what amenities you’ll be able to enjoy. We could also take you on a tour of the area or make you a map of the points of interest. These are just a few of the things we suggest to clients who are moving to San Diego. If you’d like to hear more or if you have any questions, don’t hesitate to give us a call or send us an email.…

Sean Zanganeh Real Estate Podcast

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Why the San Diego Condo Market Is on Fire

4 years之前

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Here’s what you need to know about the future of San Diego’s condo market. Downtown San Diego is one of the great landmarks of the west coast, but the last few years have been rough. The pandemic shut down the city’s vibrant social scene, and things have been slow to open back up. Now that more people are vaccinated and heading back to work, are things starting to come back? As of late November 2021, a lot has changed in the downtown condo market. We have fewer than 90 units for sale and over 140 in escrow. The rest of the San Diego housing market increased 30% during the pandemic, and it looks like downtown is just starting to catch up. “People from all over the country are buying property here.” Homes are entering escrow this year 65% faster than last year. On top of that, closed units are up 68%. One thing I’ve noticed is that the areas in development have a lot more clarity. New buildings are coming in, and people are feeling optimistic. What does this mean for the future? It looks like downtown prices are only going up, and inventory is only decreasing. People from all over the country are buying property here, so if you want to get in on the action, you better act fast. If you have any questions about today’s topic, please feel free to call or email me. I am always willing to help!…

Sean Zanganeh Real Estate Podcast

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Why Won’t Certain Homes Sell?

4 years之前

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Here are the top three reasons why homes fail to sell in our market. We’ve seen a crazy change in the marketplace over the last two years. We went from March 2020, when everyone stopped buying homes, to June and July, when everyone went right back to the market. In 2021, we’ve seen one of the biggest increases in home values that I think any of us will see in our lifetimes. Now the market is shifting again. It’s not slowing down—we’re just not seeing the rapid pace of increase that we saw between February and July. Here are a few things we’ve noticed that are causing homes not to sell in this market: “You can’t just take a couple of photos on your iPhone and put the house on the market anymore.” 1. Poor home preparation. Earlier this year, all you had to do was put your home up for sale and watch all the buyers flock to your listing, some of whom might even have offered $100,000 more than your asking price. Today, however, there’s more inventory available, so buyers are starting to become a bit pickier. The era of just listing homes and waiting is over; you need to clean from top to bottom, touch up your paint, and replace old and worn carpets. Simple projects like these add immense value to your home. Prepped homes sell for a lot more than homes with no work done. 2. Average marketing. If you were a real estate agent with a home to sell between February and June of this year, your job was a lot easier than it used to be. However, all that has changed. People are spending a lot more time studying listing photos and looking at media collateral before they visit a property, so make sure your agent is doing a full media package when it comes to marketing your home. They need to create a brand for your home to help it make top dollar. You can’t just take a couple of photos on your iPhone and put the house on the market anymore. 3. Pacing too far ahead of pricing. Over the last year, we’ve seen people listing their homes for thousands of dollars over what the last comparable sale was. Now, people are more realistic about pricing in the market, and they’re studying the pricing before they step foot in your home. The average buyer has seen all your comparable sales and has made offers on all of them, so they know what a house should be worth by the time they come for a showing. Buyers punish overpriced sellers by not making an offer at all or waiting for the seller to make a price adjustment. You can avoid that by simply listing your home at the market price. If you’re looking for more tips on how to sell your home for top dollar or have any real estate questions at all, give me a call or send an email. I’d love to hear from you.…

Sean Zanganeh Real Estate Podcast

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3 Ways Young People Can Build Wealth Through Real Estate

4 years之前

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Sean Zanganeh Real Estate Podcast

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How Can You Dramatically Increase Your Home’s Value in 2021?

4 years之前

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Here's what homebuyers are willing to pay a premium for in 2021. If you’re looking to add tens of thousands of dollars of value to your home this year, there are a couple of key things you can do. While these may be some big-ticket items that you’ll need to purchase, your investment will bring fantastic returns in the future. Since the pandemic began, we’ve seen pools and backyards explode in popularity. Everyone wants a place where they can relax, spread out, and entertain guests safely, so many clients have been investing in their outdoor spaces. Those who have added pools, which could cost $50,000 to $100,000, are often getting back $150,000 or more on their investment when they sell. However, not all homes will gain value when a pool is added; in some cases, you might get a better return if you simply move without pouring money into your property. Either way, we always invite people to reach out to us so we can weigh the options together. Studio sheds, or accessory dwelling units (ADUs), are also becoming extremely popular. Some people believe adding one would be a daunting task, but it’s actually quite easy. Some websites even have prefabricated options that you’re able to choose from. San Diego also has pre-approved plans homeowners can purchase to add ADUs to their property. Homeowners can use this as a way to create secondary income through a rental, or have a private place where relatives can stay. It gives people a lot of flexibility, and homebuyers are flocking to listings that include these units. “Many clients have been investing in their outdoor spaces.” If you have any questions about real estate or would like to learn about more ways to add value to your home, feel free to reach out to us. We look forward to hearing from you soon.…

Sean Zanganeh Real Estate Podcast

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Why San Diego is in the Midst of a Home Inventory Shortage

4 years之前

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Here’s why demand is so high and supply is so low. If you’re struggling to find a home in the San Diego area, you’re not alone. Inventory has been overwhelmingly low, meaning that tons of buyers are competing over a small supply of properties. Many clients have been wondering why there are so few homes available, which is why we’re covering the top three reasons why San Diego and the rest of the country are experiencing an inventory shortage. Here’s what’s happening: 1. The COVID-19 pandemic: In the past year, many would-be sellers have decided to wait on listing their homes until the pandemic has passed. Whether they’re immunocompromised or simply uncomfortable putting their homes on the market, fewer people are listing properties. This is the case in San Diego, and high demand from buyers means that inventory is at record-low levels. “Inventory has been overwhelmingly low, meaning that tons of buyers are competing over a small supply of properties.” 2. Low interest rates: Many people who were thinking of downsizing or moving laterally decided it would make more sense to take advantage of low interest rates, refinance their homes, and come out with a cheaper monthly payment. This is especially true for baby boomers, who hold the largest share of real estate; they’re able to wait longer to move because they now have more options and can better afford payments. 3. Longer life expectancy: Baby boomers are also enjoying longer, healthier, and more functional lives. They’re also able to stay near their kids and grandchildren instead of moving to less expensive areas. In the past, older adults would typically be downsizing in their 60s and 70s, so this has locked down a lot of real estate. On top of this, San Diego isn’t able to have a lot of single-story homes, so this creates even more competition for the ones that are available. If you need help jumping into the market, have any questions, or would like more information, feel free to reach out to us. We look forward to hearing from you and helping with any and all of your real estate needs.…

Sean Zanganeh Real Estate Podcast

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How to Buy and Sell a Home Simultaneously

5 years之前

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Here are three tips to help make your home purchase easier in this market. Looking to buy a home in 2020 but need to sell your current home first? You’re in luck; today I have three great tips on how to accomplish these dual transactions: 1. Get pre-approved. Most homebuyers use financing in today’s market, but with the dip in interest rates, you’d be surprised what you can qualify for without selling your current home. Many times, folks realize they can afford the new house without having to sell first. We always have people get pre-approved so they know their options and are financially comfortable with them. “For some families, a rent-back might be the only option.” 2. Start prepping your home for departure. While you’re looking for homes online, talk with an agent about a plan to prep your home for departure. A lot of times, homeowners think about doing something, find the perfect home, then lose out on it because their current home isn’t properly prepared first. Sit down with your agent and come up with a gameplan to move from point A to point B. 3. Negotiate a rent-back agreement. Since the market is so hot, we’re typically able to get rent-back agreements for our clients so they can sell their home, become completely liquid, then buy and close on the next house without worry. For families, this might be the only option, and today’s buyers are OK with longer rent-back periods as long as they can secure the home to purchase. If you have questions about how we can help you get started on the buying or selling process or concerning real estate in general, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.…

Sean Zanganeh Real Estate Podcast

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3 Reasons to List Before Spring

5 years之前

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I have three good reasons you shouldn’t wait until spring to sell. Are you considering listing your home in the spring or summer? You may want to rethink that timeline because now is an excellent time to list your house for sale. Listing between January and March may help you beat out the competition for three reasons: 1. Low competition. The competition itself will be lower before spring hits. We’re already seeing a massive amount of competition right now due to the reduced supply of properties on the market. Six months ago your neighborhood may have had five or six homes for sale, but today there may only be one. Less competition gives you the freedom to consider your next move without as many speed bumps in the way. 2. Pent-up buyer demand. People were looking to buy in the second half of 2020, but there wasn’t enough inventory on the market. San Diego recorded the lowest amount of inventory ever in the fourth quarter. Our market won’t come out of that until at least late February or March when more people start listing. By that time, we’re into the traditional selling season. Usually, people wait until after the Super Bowl to put their houses on the market, then we get even more in May and June from the family-dense neighborhoods because they want to wait until the kids are out of school. Virtual schooling has changed much of that, so people have the flexibility to move now. “Now is an excellent time to list your house for sale.” 3. Your home’s little-known features can be shown. How many of you have a beautiful fire pit with fantastic lighting or heaters, or some other great feature? As people are spending more time at home, they’re paying more attention to these details. They want to walk into a home and see that elegant fireplace lit up, as opposed to dormant, the way it is the rest of the year here in San Diego. They want to see these features utilized because they’ll be spending much of their time at home for the foreseeable future. If you might be interested in listing your house this winter and want help to compose a plan to win in 2021, we’d love to assist you. Call or leave us a message, and let us know how we can serve you.…

Sean Zanganeh Real Estate Podcast

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How Can I Win in This Competitive Market?

5 years之前

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Here’s how we’re helping our clients compete in this tough market. Are you looking to buy a home but frustrated by the intense competition in today’s market? Last year was a whirlwind, and the biggest thing on every buyer’s mind is how tough it was to compete. Everyone’s looking for that competitive edge to help them secure the home they want. Here are three tips that will help get you there: 1. Get specific. The key to finding what you want is getting specific on the house and the location that you want. We do a lot of things when it comes time to finding homes in particular locations that help our buyers win. To be on the winning side, you need a winning agent. It’s already tough enough to view homes on your own. Having an agent will make it easier. They can help you find homes that aren’t actually on the market, too. There are many opportunities out there for buyers to secure homes like these and we’ve had a lot of success matching our buyer and seller clients in the past. “An experienced agent with many connections is an invaluable resource.” 2. Use our buyer direct program. This allows us to target our search area and call, mail, and leave doorknockers for all the area homeowners where you’re looking and retarget them on social media. This allows us to bring you a property with the least amount of competition since it’s not actually on the market. Some sellers don’t want to go through the minutiae of putting their home on the market, and this program is dedicated to helping buyers win those homes today. 3. Work with an experienced agent. They should be well-intertwined with the agent community. So much real estate business gets done through agent communication, and who you work with matters more than ever. We want to be the agents who help you win, so if you’re looking for more tips and tricks or just have any real estate questions, don’t hesitate to reach out via phone or email. We look forward to hearing from you soon.…

Sean Zanganeh Real Estate Podcast

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Weighing Your Current Refinancing Options

5 years之前

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Should you refinance now or wait for lower rates? Here’s my advice. With interest rates as low as they are, a lot of our clients have been reaching out to ask if they should refinance. These are the lowest rates that we’ve ever seen, with some of our clients locking in rates below 2%. We know that the Federal Reserve has gone on record saying they won’t increase rates anytime soon, but should you wait? Well, on one hand, we don’t know what additional costs might be introduced by lenders down the road, but we do know that right now you can lock in a low interest rate and get the best possible financing for your home. If you have any other questions for me or would like to get connected with a great local lender, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.…

Sean Zanganeh Real Estate Podcast

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Why Are So Many People Moving to San Diego?

5 years之前

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Our market has seen an increase in buyer demand for a few reasons. The San Diego real estate market is hot, but where are all these buyers coming from? The majority of them are move-up buyers; that’s the main market today. People are moving out of townhomes and condos and looking for more space. We’re also seeing many people move here from comparatively dense cities like Seattle, San Francisco, and Los Angeles to find more space. Some of the reasons they’re moving here are that our weather is excellent, we have the lifestyle people want, we have beaches, and we have housing that’s a little more affordable than other similar areas. We’re also seeing people leaving states with colder weather, where they know they’ll be working from home for a while. For those who know they aren’t going back into the office anytime soon, it’s the perfect time to move here to San Diego. If you want more tips for how to win in the San Diego real estate market or have any questions, feel free to reach out to us via phone or email.…

Sean Zanganeh Real Estate Podcast

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What Makes the End of 2020 a Good Time to Buy?

5 years之前

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Our market is moving fast, but here’s why it may behoove buyers to act now. If you’re a potential homebuyer wondering whether it’s best to make a move before the calendar turns over or wait until spring 2021, here are three critical considerations to make: 1. Interest rates are at historic lows. You’ve probably been seeing this in headlines for almost a year now, but rates just dipped below 3% for the very first time. We’ve been helping buyers left and right lock in rates in the upper 2s on great pieces of real estate. If you’re discouraged about rising home prices, consider that rates have a much more significant impact on your mortgage payment schedule. Though it may seem counterintuitive, buyers today can afford more home for their money than in years past. 2. You can move into a new home with more space. This year, we’ve all realized just how important it is to have adequate living space. We’ve already helped scores of families move up from a townhome or condo into a home with more rooms and a yard. Is your family expecting a brand-new member soon? Are you having parents or grandparents move in to create more of a multigenerational lifestyle? If an upgrade is on your horizon, consider acting now; there’s never been a better time to leverage your purchasing power and move up into a larger dwelling space. 3. You can move into a home away from the city. When companies began allowing their employees to work from home, many people realized that the only thing they liked about living in the denser urban areas of San Diego was the close proximity to their place of work. Now that these employees can work virtually from anywhere, they’re looking at real estate in the extremities of San Diego where they would have never considered living before. Places like Poway, Fallbrook, North Escondido, and other areas just outside of the city are now hot markets, and it’s more than likely that they’ll become even more competitive as we enter 2021; if you’re one of the many city dwellers looking for more elbow room, it may be best to act now. These are just a few of the things to consider as a homebuyer in the fourth quarter of 2020. If you want more tips and tricks on how to win in the San Diego real estate market, please feel free to give us a call or send an email.…

Sean Zanganeh Real Estate Podcast

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Q4 Market Update: What is Going to Happen to Your Real Estate?

5 years之前

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Low inventory, low rates, and a shift in demand are fueling our Q4 market. Our fourth quarter San Diego market is as hot as ever, and one of the main driving factors is our low inventory, which continues to push home appreciation upward. Right now, there are fewer than 4,000 homes available on the market, meaning we have only 1.6 to 1.8 months’ worth of inventory. In other words, if no other homes were to come onto the market, all the existing homes for sale would be snatched up in just under 60 days. This scarcity has caused an 11% year-over-year increase in home prices. Even buyers we helped earlier in the year are saying to themselves, “Wow, there’s a lot more equity in my home than I thought there would be by now!” Though ours is a seller’s market, good loans, cash purchases, and strong buyers characterize the consistent demand we’ve been seeing this year. Behind all that demand is the ever-alluring incentive of cheap money; interest rates have hit record lows on several different occasions in 2020. New construction homes, highly rehabbed or flipped homes, and heavily remodeled properties are all selling for a premium right now. We’re seeing a shift in demand so radical and widespread that it’s transforming the normally quiet surrounding markets into hotspots. Today’s buyers are seeking big backyards, home offices, casitas, and family compounds for multigenerational living. For the last six or seven months, it seems that the traffic in San Diego is down, and that’s because countless companies have switched to remote operations, eliminating the morning commute for many workers. “These are likely the lowest interest rates we’ll see in our lifetime.” No longer needing to live close to the office, many buyers are eagerly exploring areas they’d previously ruled out as impractical or downright impossible—places like Poway, Jamul, La Mesa, Fallbrook, etc. Whereas the trend up until recently has been a westward migration toward coastal Cali living, people today are turning around and moving back inland. I’ve already mentioned them above, but those low interest rates deserve special attention; they’re truly a driving force in our market. Right now, we’re seeing borrowers lock in rates lower than 3%. (Some super-qualified buyers have even seen rates below 2%). While not everyone will be able to get a record-breaking rate, the majority of people are still able to get a fantastic one. These are likely the lowest interest rates we’ll see in our lifetime. So, if you’re looking to capitalize on these unique conditions or have any real estate-related questions, give us a call or send an email. We know that 2021 will bring even more changes to our market, so we at the Sean Zanganeh Real Estate Team want to be there to help you plan.…

Sean Zanganeh Real Estate Podcast

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How We Can Help You in 2020

5 years之前

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We want to help you reach your real estate goals, even amid COVID-19. The world has changed so much in 2020. We’ve been checking on our friends, family, and clients to make sure you’re all doing well. During these conversations, we’ve been receiving many questions from you about the market, home prices, and more. Today I wanted to share how we can help you during this peculiar time. We want to provide accurate information to help you make the best decisions for you and your family. You’re home has probably gone up in price more than you think, so we should chat if you’re even having a thought about selling. If you’d like to set up a call to discuss the value of your home, visit our Calendly link below and select a time that works best for you. We look forward to speaking with you.…

Sean Zanganeh Real Estate Podcast

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Can You Still Sell for Top Dollar?

5 years之前

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You can still sell for top dollar amid COVID-19. Here’s how we do it. Can you still get top dollar for your home in today’s real estate market? Amid all the negative news lately, I’m sharing one of my recent clients’ success stories. One of the key things we’re seeing in this new state of the world is that marketing a house is more crucial than ever. Video, high-resolution photography, and 3D tours have become the baseline for getting a property sold. Despite the coronavirus, there are many people in the market looking for a home.…

Sean Zanganeh Real Estate Podcast

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Worried About Buyers Seeing Your Home in Today’s Market?

5 years之前

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I have some important news to share with future home sellers. One of the main concerns we’re hearing from sellers right now is the uncertainty of whether or not there are buyers out looking for homes. I’m here to tell you that buyers are definitely out looking in our market right now. Although things are operating a little differently than they were before the pandemic, business is still being done nonetheless. After a huge dropoff in showings back in March and April, we’re back to seeing a normal level of activity in our market.…

Sean Zanganeh Real Estate Podcast

1
How Is Our Market Doing?

5 years之前

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If you’re considering selling, here’s what you need to know. Are you considering selling your home and want to know how the real estate market is doing? Certain indicators demonstrate how the market is faring better than others, and today I’m sharing the ones you need to make the best decisions when selling. First, we tracked the new properties coming onto the market through April and May, and we actually saw 18% more homes listed, despite the pandemic. When the June statistics come out, we’ll see that number skyrocket.…

Sean Zanganeh Real Estate Podcast

1
Where’s the Mortgage Market Headed?

5 years之前

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Todd Pianin joined me for a great discussion on the state of the mortgage market. Todd Pianin of Guaranteed Rate has joined me once again to talk about the state of our mortgage market. A lot of people have been asking us about the increased showing traffic and whether or not it has resulted in an increase in mortgage applications. According to Todd, Guaranteed Rate’s volume is going up each month and demand has picked up, especially in the last few weeks. He also discussed jumbo loans, interest rates, and more. To hear our full conversation, watch the video above.…

Sean Zanganeh Real Estate Podcast

1
How People Are Buying Homes in San Diego Right Now

5 years之前

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Buying a home during a pandemic is different than it normally is, but there are still opportunities out there to buy safely and successfully. Although the COVID-19 pandemic has negatively affected many different areas of our economy, there are still people out there buying and selling homes. Today we’re going to focus on what active buyers are experiencing right now. Many buyers began the process before this crisis happened and need to buy in order to expand their family. The good news is that there are still great opportunities out there for them. One of the main advantages for homebuyers now is less competition. Our inventory levels are near rock-bottom lows, and instead of competing against 10 other buyers, most are competing against just one or two. Another opportunity has to do with interest rates. Due to shifts in the stock market, interest rates have become extremely attractive for those who qualify. If you are in the process of looking for a home to buy, make sure you get a pre-approval. If you have one from earlier in the year, make sure you’re getting an updated one. Most agents aren’t looking at pre-approvals that are more than a few weeks old. “We can help you start your search through virtual, 3D showings.” Finally, we’re seeing a big shift in terms of how people are viewing properties. We saw showings drop dramatically at the end of March, but they’re up by over 25% in just the last few weeks. Buyers in today’s market are much more interested in virtual tours, Matterport tours, HD photos, and videos than they have been in the past. For-sale homes that provide them are where buyers are starting their search. From there, we can help you figure out what the right fit is to save you time, keep you safe and healthy, and make sure you can find the house of your dreams. If you have any questions about buying a home, or real estate in general, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.…

Sean Zanganeh Real Estate Podcast

1
The Key to Selling Amid the Pandemic: Be Proactive

5 years之前

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COVID-19 has flipped our world upside down, but the real estate industry is resilient. Here’s how we’re helping sellers maximize opportunities. Are homes still selling during the COVID-19 pandemic? If you need to sell, how do you even go about doing so right now? Truthfully, the market is still moving along considerably well. We’re monitoring the MLS and seeing homes in our San Diego market go into escrow every single day—remarkably close to what we’d see under normal conditions. Here’s even more good news: If your home is in a low inventory area or a highly sought-after price point, we’re seeing those prices increase. The sellers getting top dollar for their homes right now are the ones working with experienced agents who leverage 3D Matterport tours and narrated video walk-throughs to keep prospective buyers well-informed and all parties safe. Things like high-definition photography, professional videography, and virtual tours have always been powerful tools in the arsenal of elite modern brokerages; now more than ever, these tools are essential to the success of a real estate transaction. We have plenty of experience using various media to get homes maximum exposure on the market, so we’re well-equipped to handle this shift to virtual real estate processes. “Buyer tastes and overall demand are changing.” What’s next? Make sure you’re reaching out to a real estate agent and having the conversation now. Buyer tastes and overall demand are changing right now, so the earlier you can prepare your home and set up a game plan for going to market, the better. If you think you need help with getting your home sold in this unusual environment, please feel free to reach out to us today. We’d love to have a confidential conversation with you and explore your specific situation.…

Sean Zanganeh Real Estate Podcast

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How to Insure Your Condominiums

5 years之前

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Are you confused about what type of condominium insurance you should purchase? Are you interested in buying a condo but have no idea how to insure it? Condos are insured differently than homes and there are multiple ways we see them show up. Today Seth Arruda of Alta Vista Insurance Agency and I will look at the top three ways we see condos insured as well as the types of insurance that clients get. There are a number of ways that a homeowners association (HOA) will insure a condo. The most common way is to provide coverage of the exterior of the buildings and the common areas. That leaves the owner of the specific condo to insure the inside of the unit. This is called a unit owner’s policy. Seth tells us that he has also seen situations where the HOA will only provide coverage for their common areas. This means that you will own your roof, your side, your exterior, and your interior, but you are within a smaller subdivision where there are smaller homes on zero lot lines. The final way that an HOA can insure a condominium is by providing coverage for the common area and the structures, leaving everything behind the walls in each unit as the responsibility of the unit owner. This means that items such as plumbing lines, service lines, and electrical lines all need to be insured under your unit owner’s policy. “Try to obtain a copy of your CC&Rs and review the contract with your insurance agent.” Each type of policy is very specific and it is very important to find out what is covered in each situation. If you own or are looking to purchase a condominium, you should try to obtain a copy of your Covenants, Conditions, & Restrictions (CC&Rs) and review the contract with your insurance agent to ensure your unit is properly protected and that you have the right coverage. Seth is our contact when it comes to finding insurance in San Diego and has helped us for a long time. If you are looking for a great broker to help you navigate your situation, you can call Seth at (760) 724-2124. As always if you are interested in buying or selling, please feel free to contact me. I look forward to speaking with you soon.…

Sean Zanganeh Real Estate Podcast

1
Welcome to Our New Video Blog

5 years之前

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I’ve got some exciting news to report to you all today.We’ll be sharing our real estate expertise with you through our new video blog. We’re extremely excited about this and we want to be sure to include all of you. Here’s how it will work:Each month, we’ll send out two emails addressing trends in our local real estate market. We’ll also be sharing real estate tips for San Diego, what’s going on in the market, and even what’s going on in your neighborhood. “We’d love to answer your specific questions about the real estate market.” Rather than simply guess what’s on your mind, though, we’d like to reach out and ask you all what kinds of questions you have. Are there any concepts you’re unclear about? Are you curious about the market in your particular area or neighborhood? Our goal is to build the best possible library about San Diego real estate and answer your specific questions in our videos so that other people with similar questions can benefit from them, too.Until next time, if you’ve got any questions about real estate that you’d like us to address, please don’t hesitate to call us or send us an email. We look forward to producing great content that will be helpful for your real estate journey!…

Sean Zanganeh Real Estate Podcast

1
How the Fall Market Impacts Your San Diego Home

5 years之前

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Let’s take a look at the fall market and what we can expect for the rest of the year. I’m constantly asked if I think we’re in a buyer’s market or a seller’s market, but I actually think it’s a neutral market. What does that mean to you? If you’re a buyer, you benefit from interest rates still being super low. We’re seeing buyers get great deals on properties, and the opportunities for these deals will continue as we head into the winter months. “Smart real estate decisions are keeping our market moving forward.” What about sellers? Inventory is still tight in our market, meaning there are not a lot of homes for sale. Sellers are getting multiple offers on properties, and we see a lot of energy around listings. This means that there are definitely buyers out there for homes. With interest rates as low as they are, many buyers are taking action. It’s going to be a wacky election year and a lot of things are going to change, but our local market shouldn’t be affected much. We still have a lot of people who are looking to buy or sell, and smart real estate decisions are moving our market forward. If you’re thinking of buying or selling a home, give me a call or send me an email. I’d love to work with you.…

Sean Zanganeh Real Estate Podcast

1
Still Need Valentine’s Day Plans?

5 years之前

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As you know, Valentine’s Day is coming up, so we wanted to help those of you who are still struggling to figure out what to do with a few recommendations. As far as restaurants go, Veladora over at Rancho Valencia, The Market in Del Mar, and Eddie V’s in La Jolla are a couple of our favorites. “To do something out of the box, consider going to a comedy club!” If you’re looking to do something a little more outside of the box, consider going to a comedy club or taking a gondola ride down the shores in Coronado. You could also head to The Lot in La Jolla or Point Loma or Synapolis in Del Mar in La Costa to watch your favorite move with cocktails, a full bar, a restaurant, desserts, and more. If you are looking to buy or sell a home, or if you have any other real estate questions, please don’t hesitate to give us a call. We would be happy to help!…

Sean Zanganeh Real Estate Podcast

1
3 Hot Lending Topics for 2018

5 years之前

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What’s going on in the lending world right now in San Diego? There are three main topics I’d like to go over, today. I’m joined today by special guest Todd Pianin of RPM Mortgage to talk about a few hot topics relating to mortgage lending and real estate in 2018. We’re focusing on three subjects, specifically. Tax reform. Right now, tax reform is a huge topic in San Diego. With property tax deductions capped at $10,000 and mortgage interest deductions capped at $750,000, many people are concerned. As a result, Todd tells me that he’s been receiving a lot of calls about refinancing. Still, Todd doesn’t believe tax reform will slow down the market. He says people still need to buy homes, so they shouldn’t let these changes prevent them from doing so. Paying points. Todd says people need to start talking about paying points, since points are still tax deductible. If you’re paying points, you can actually buy down your interest rate to eventually earn a better one. You can also deduct points on a refinance, as well, if you deduct over the lifetime of the loan. A lot of mortgage lenders are scared to sell points because they aren’t used to doing so, but Todd has been doing this for the last 20 years. Niche programs. According to Todd, 2018 will be the “year of the niche.” There are already a number of diverse programs available in today’s market. Whatever a buyer’s circumstances may be, there is likely a program out there to suit their needs. “People still need to buy homes, so they shouldn’t let tax reform prevent them from doing so.” If you are looking for more mortgage information and want to get in touch with Todd, you can give him a call at (858) 775-8958 or email him at tpianin@rpm-mtg.com. Todd Pianin, Regional Manager NMLS# 304014LendUS, LLC dba RPM Mortgage NMLS #1938 - Licensed by the Department of Business Oversight under the CA Residential Mortgage Lending Act. Equal Housing Opportunity. And as always, if you have any other questions for me or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.…

Sean Zanganeh Real Estate Podcast

1
Answering All Your Questions About Insurance

5 years之前

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Seth Arruda of Alta Vista Insurance joins me to talk about insurance options to consider when purchasing a home. I am joined by Seth Arruda to talk to you about looking for insurance in the middle of a real estate transaction. I have some tips and tricks which should help you win in the San Diego market. So, what things must a consumer know to make an educated choice about insurance coverage? Let’s take a look at the five questions consumers should ask themselves. 1. What is covered?2. How much coverage do you need?3. How do you insure your personal property and belongings?4. How do you insure the items which mean the most?5. What about liability? To start with, what is covered? In California, standard hazard or fire insurance, as everyone likes to call it, insures you for sudden, accidental occurrences and catastrophic perils such as fire, wind, hail, and lightning. How much coverage does a client need on a house? This is where we get into talking about replacement cost value of a home. Insurance companies insure the structures based on their reconstruction costs, so they are not concerned with the market value of a home. “In California, standard hazard insurance insures you for sudden, accidental occurrences and catastrophic perils such as fire, wind, hail, and lightning.” What about insuring personal belongings? You need to make sure that you carry replacement cost value for all the contents in your home. With this insurance, if any of your personal items are destroyed due to a covered peril, you will get the full replacement for those items such as furniture, electronics, clothing, etc. How do I cover my expensive jewelry, diamonds, gold, collectibles, and antiques? The insurance companies call those items “scheduled personal property,” and you want to make sure that they are itemized on your insurance policy. You will usually need an appraisal or receipt showing the value of the items. Finally, what do we cover with liability? Liability is attached to your home insurance and will give you liability protection for your residence premises and personal injury matters. You want to have proper liability for things such as libel or slander. As you can see, there is a lot that goes into insurance, which is why you should have a good insurance broker that can shop several different options. You can contact Seth at (760) 724-2124 if you would like to speak to him about a new policy or modifying your existing policy. If you are interested in buying or selling, please feel free to reach out to me by phone or email. I look forward to speaking with you soon. Seth ArrudaAlta Vista Insurance(760) 724-2124altavistainsurance.com…

Sean Zanganeh Real Estate Podcast

1
What Buyers & Sellers Can Expect in These Unusual Times

5 years之前