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San Clemente-Home of Their Dreams


Ever think you would like to build your own San Clemente home and have everything just the way you want it? Lots of people do and they often start by looking at land or lots for sale. With many people the idea is to buy a lot today, get it paid off or mostly paid off and then sometime in the future, contract with a custom builder for the Home of their Dreams via San Clemente.

5 Steps To Sell Your San Clemente Home


Selling your San Clemente home is a process that involves five basic steps. These steps are Preparing the Home for Sale, Finding a Buyer, Qualifying the Buyer, Negotiating the Terms, Handling all the Details needed to finalize the sale. If you list your home your real estate agent takes responsibility for each step. If you sell on your own, it is your responsibility to complete each step.

San Clemente Home Improvement


Homeowners hear a lot about improvements that might add value to houses. But less attention is paid to what to avoid. Steer clear of renovations that will cost you money at resale time.

If an San Clemente home becomes conspicuously larger -- and more expensive -- than those around it will risk becoming hard to sell. Additions tend not to return their entire investment. The 2005 "Cost vs. Value Report" found that homeowners were able to recoup only 83% of the cost of a family-room addition and 82% of a midrange master suite.

Building San Clemente Home Equity


As a San Clemente homeowner you have the right to pay more towards the principle loan amount each month. Let’s say your monthly payment is $700.00 a month and $100.00 a month is being applied to the principle. If you choose to pay $900.00 instead of $700.00, the $200.00 overage will be applied entirely to the principle. Thus, instead of gaining $1,200.00 a year in San Clemente home equity, you gain $3,600.00.

The only factor being considered here is Home Equity. In individual cases it may be wiser to invest than to pre-pay your home loan. It also may be wiser to pay off high-interest, non-deductible loans before considering your San Clemente home equity building options. Your financial advisor is the one to consult for these matters. If you would like up-to-the-minute information about San Clemente home appreciation values in your area, please call or E-mail me today.



Buying San Clemente Real Estate...Will it Pay?


A frequent question from prospective homebuyers relates to building home equity. San Clemente buyers like to estimate how much a home may increase in value based upon past appreciation. One of the many advantages of home ownership is that appreciation is based on the home’s market value rather than on the actual dollar amount invested or the down payment so that a $100,000.00 home that appreciates 5% is now worth $105,000.00. This is one way of building your San Clemente home equity but there is more you can do.


Taking Title to Your San Clemente


Each owner has a separate title to an undivided interest in the entire property. Each owner is allowed to sell, mortgage or give away his/her interest. Any number of people can take Tenancy in Common ownership of San Clementeand husband and wife may choose this option as well. When an owner dies, his/her interest passes by will to his/her heirs. In other words, there is no survivorship right.

Each owner has an equal interest in the San Clemente. If one owner dies, that person’s share of the property passes automatically to the other without going through probate. Any number of people can take ownership under Joint Tenancy and husband and wife may choose this option as well.

Community Property. Only husband and wife can take title to San Clemente in this way. Title is in the community