Current Market: July 2009 Archives

This is the new list of HOMESTEPS properties from Freddie Mac for the areas I specialize in. These properties qualify for special financing. I can get the list for other areas.

I also have a list of upcoming HOMESTEPS properties not on the market yet

Yes, I'm a day and a half behind the power curve here. Actual buyers and sellers and loans get serviced before I write this.

If you have questions, Contact me

La Mesa

Address: 4985 WILLIAMS AVE, LA MESA, CA
Rooms: 6 Bed: 3 Bath: 2.0 Price: 202,500.00

Address: 4645 MUNROE ST, LA MESA, CA
Rooms: 7 Bed: 4 Bath: 3.0 Price: 519,900.00

Address: 5700 BALTIMORE DR 218, LA MESA, CA
Rooms: 4 Bed: 2 Bath: 2.5 Price: 185,500.00

Address: 5615 WENDI ST, LA MESA, CA
Rooms: 5 Bed: 3 Bath: 2.0 Price: 302,100.00

El Cajon

Address: 12074 CALLE DE LEON 53, EL CAJON, CA
Rooms: 4 Bed: 1 Bath: 1.0 Price: 164,300.00

Address: 470 EL MONTE RD, EL CAJON, CA
Rooms: 4 Bed: 2 Bath: 1.0 Price: 225,250.00

Address: 855 S ANZA STREET, EL CAJON, CA
Rooms: 5 Bed: 3 Bath: 2.0 Price: 233,200.00

Address: 792 N MOLLISON 1, EL CAJON, CA
Rooms: 5 Bed: 2 Bath: 2.0 Price: 108,650.00

Address: 1423 GRAVES AVENUE 231, EL CAJON, CA
Rooms: 5 Bed: 2 Bath: 2.0 Price: 138,860.00

Address: 1133 PERSIMMON AVENUE 6, EL CAJON, CA
Rooms: 5 Bed: 3 Bath: 2.5 Price: 191,807.00

Lakeside

None currently

Santee

Address: 9139 FANITA RANCHO ROAD, SANTEE, CA
Rooms: 5 Bed: 3 Bath: 1.0 Price: 179,500.00

Address: 10570 KERRIGAN COURT, SANTEE, CA
Rooms: 5 Bed: 3 Bath: 2.5 Price: 197,128.00

Address: 8549 PASEO DRIVE, SANTEE, CA
Rooms: 6 Bed: 4 Bath: 1.0 Price: 212,000.00

Address: 9635 MAST BOULEVARD, SANTEE, CA
Rooms: 5 Bed: 3 Bath: 2.0 Price: 237,970.00

San Diego City

Address: 4212 48TH STREET, SAN DIEGO, CA
Rooms: 4 Bed: 2 Bath: 1.0 Price: 98,050.00

Dan Melson, Agent
Clarity Real Estate Network
619-300-7425

This is the new list of HOMESTEPS properties from Freddie Mac for the areas I specialize in. These properties qualify for special financing. I can get the list for other areas.

I also have a list of upcoming HOMESTEPS properties not on the market yet

If you have questions, Contact me

La Mesa

Address: 4985 WILLIAMS AVE, LA MESA, CA
Rooms: 6 Bed: 3 Bath: 2.0 Price: 202,500.00

Address: 4645 MUNROE ST, LA MESA, CA
Rooms: 7 Bed: 4 Bath: 3.0 Price: 519,900.00

Address: 5700 BALTIMORE DR 218, LA MESA, CA
Rooms: 4 Bed: 2 Bath: 2.5 Price: 185,500.00

Address: 5615 WENDI ST, LA MESA, CA
Rooms: 5 Bed: 3 Bath: 2.0 Price: 302,100.00

El Cajon

Address: 12074 CALLE DE LEON 53, EL CAJON, CA
Rooms: 4 Bed: 1 Bath: 1.0 Price: 164,300.00

Address: 1000 ESTES STREET 39, EL CAJON, CA
Rooms: 5 Bed: 2 Bath: 2.0 Price: 106,530.00

Address: 855 S ANZA STREET, EL CAJON, CA
Rooms: 5 Bed: 3 Bath: 2.0 Price: 233,200.00

Address: 792 N MOLLISON 1, EL CAJON, CA
Rooms: 5 Bed: 2 Bath: 2.0 Price: 108,650.00

Address: 1423 GRAVES AVENUE 231, EL CAJON, CA
Rooms: 5 Bed: 2 Bath: 2.0 Price: 138,860.00

Address: 1133 PERSIMMON AVENUE 6, EL CAJON, CA
Rooms: 5 Bed: 3 Bath: 2.5 Price: 191,807.00

Lakeside

None currently

Santee

Address: 9139 FANITA RANCHO ROAD, SANTEE, CA
Rooms: 5 Bed: 3 Bath: 1.0 Price: 179,500.00

Address: 10570 KERRIGAN COURT, SANTEE, CA
Rooms: 5 Bed: 3 Bath: 2.5 Price: 197,128.00

Address: 8549 PASEO DRIVE, SANTEE, CA
Rooms: 6 Bed: 4 Bath: 1.0 Price: 212,000.00

Address: 9635 MAST BOULEVARD, SANTEE, CA
Rooms: 5 Bed: 3 Bath: 2.0 Price: 237,970.00

San Diego City

Address: 4204 45TH STREET 13, SAN DIEGO, CA
Rooms: 4 Bed: 2 Bath: 2.0 Price: 92,220.00

Address: 4212 48TH STREET, SAN DIEGO, CA
Rooms: 4 Bed: 2 Bath: 1.0 Price: 98,050.00

Dan Melson, Agent
Clarity Real Estate Network
619-300-7425

I almost Forgot to mention that Fannie Mae and Freddie Mac have been pleased with the success of their 105% refinance program. It's keeping them from losing money, and converting adjustable loans into fixed rate loans so the consumers can refinance and keep their property when otherwise they would be forced into foreclosure because they couldn't refinance.

Therefore, they have announced that within the next month or so, they will be expanding the programs to include loans up to 125% of current property (appraised) value. Everything else I wrote about the 105% refinance program is still valid, except the permissible loan to value ratio has changed.

Note: The loan to value ratio refers to the first mortgage only! Fannie and Freddie are not consolidating second mortgages, which would have to agree to subordinate. But if you own a property where you can only get a $400,000 appraisal right now but owe Fannie or Freddie (up to) $500,000, it is possible we may be able to move you into a fixed rate loan at a better rate of interest.