Military

Leasing comes with its benefits and downfalls however clearing up rental terms with your landlord ahead of time will only benefit you. Try to negotiate a long term lease if you find yourself picking a home that matches all of you criteria. 2-3 year lease or at least the option to extend into a 2 or 3 year lease with a built in set price should you not feel comfortable signing a long term agreement. Short term leases (1 year) can leave you searching for a replacement property during month 10 or 11 of your expiring contract. Ask your landlord what he or she plans on doing with their property since you never know if they plan on selling or taking possession of your home for a loved one after the expiration of your lease. Click on each City listed above to be redirected to all active available homes for sale in that city.

Yes San Diego is expensive however Rents are also high in San Diego. Determining whether to  buy or lease while living in San Diego comes down to these 3 questions. How long do you plan on living in San Diego, What is the difference in price between renting and owning and does stability matter. Yes as a homeowner you have benefit of being able to deduct x in Mortgage interest, real estate taxes and PMI if applicable however these items might not matter if other 3 questions are not satisfied for many comparing between both options.

If you plan on not living in San Diego for a minimum of 2 years or at least making your way back to San Diego you might not want to buy. Owning and living in a home for a minimum of two years within the past five years as your primary home can give you the ability to not pay taxes on the first $250,000 of profit for individual and $500,000 if married. Please consult your CPA or tax professional to verify your specific situation.

Comparing the true costs of renting and owning is important. Many consumers don’t take into consideration the possible yearly rent increases, storage space costs, pet rent etc that many rentals have. A mortgage might seem high at first however keep in mind that amount might be adjusted downward after calculating tax lability at the end of each year. That $2,600 mortgage could possibly be $2,400 at the end of the day.

Stability for a family is truly something that should not be overlooked. As individuals we can pack are stuff up and move however explaining to your children that the friends they just made at school or the home they just started settling into will be a thing of the past within a short period can be emotionally draining. A study completed by California association of Realtors showed that children of parents that owned on average did much better in academics.

Whether deciding to rent or own as part of your San Diego relocation above list should hopefully help facilitate your transition. Best of luck and welcome to San Diego!

You will need a Valid (COE) Certificate of Eligibility however a Mortgage lender can usually obtain on your behalf.  Your Mortgage lender will then proceed to run your credit, verify income and issue your loan approval within a few hours! Loan approvals are usually good for 3 months. Finding a VA friendly lender will help you obtain favorable terms and will make your loan process smooth and hassle free.

Find a VA experienced Real Estate agent who is also able to offer discounts on fees or his or her commission. This is something VA Friendly agents do without question to help our servicemen  and women. Make sure your agent includes a VA Amendatory Clause in all offers presented to sellers to protect you from being obligated to purchase or incurring any penalties or forfeiture of your deposit should property appraise below your contract price.

Once you find a home with your real estate professional your lender will then order a VA appraisal to confirm the true value of your soon to be home. VA appraiser will research local sales and market trends to determine if property is truly worth what you offered thus protecting you and your mortgage lender.

Your agent will suggest inspections to obtain based off of findings within disclosures provided by seller and agent along with recommendations within your Home Inspection. Your real estate professional can recommend VA Friendly vendors during this process. Property findings during the inspection period can potentially help towards positively renegotiating your sale terms.

Once all looks good with property appraisal, inspection findings, property condition and loan you are now ready to Close ESCROW and Become a Homeowner!

Your Real estate agent and Mortgage lender will do much more on the back end of the transaction to assure all goes as smooth as possible however above overview is a good summary of what to expect.

Start Touring Homes with your VA experienced real estate professional today. Below are links to Active Homes in San Diego and Chula Vista.a