Ashlon Langley Writer and Director of The Car a 1970’s film starring James Brolin was interviewed on Shameful Cinema. I write many Blog posts about San Diego and San Diego Real Estate and after reading the Ashlon interview about this 1970 movie I thought I would deviate and write about something out of the ordinary. I like the 1970’s low budget movies without all of the special effects and outspoken actors of today’s Hollywood. Ashlon responding to a question from the interviewer Andy about the car design he said;
Ashlon: The under-cranking was reminiscent of the Adams Family and The Munsters television series, making that quality silly to me. However, the design is choice! I love that one of the confusing points for the cops in the movie is that they can’t tell what make or model the beast is. And… it has no tags! If only they could get a license plate, the bungling cops could stop all the mayhem, yeah right!
I wrote about this movie and this interview because things are also reminiscent of the 1970’s even though it’s 2009. We are now like in the early 70’s in a recession and inflation is due to rise. America has taken a hit in the pride department due to the media’s constant attack on the good things America stands for and good things the United States does for so many around the world. The 70’s brought about the 80’s and the economy started gaining ground again and Americans had a lot of good things to feel good about. Watch The Car if you can and read the Ashlon interview. It’s truly entertaining.
If you need help buying a home, condo, Bank Owned REO, Foreclosure or Short Sale in the San Diego area including Chula Vista make sure you contact us we’re your San Diego Realtor.
This $10,000 tax credit in the state of California only applies to homes that have never been occupied and purchased between the dates of March 1, 2009 and March 1, 2010. The California home buyers must also reside in the home as their primary residence for at least 2 years from close of escrow.
A qualified home buyer is:
A taxpayer who purchases a single-family residence, whether detached or attached, that has never been occupied, that is purchased to be the principal residence of the taxpayer for a minimum of two years, and that is eligible for the homeowner’s exemption under California Revenue and Taxation Code Section 218.
A qualified principal residence – new home is:
-A qualified principal residence means a single-family residence, whether detached or attached, that has never been occupied and is purchased to be the principal residence of the taxpayer for a minimum of two years and is eligible for the property tax homeowner’s exemption.
- Types of residence: Any of the following can qualify if it is your principal residence and is subject to property tax, whether real or personal property: a single family residence, a condominium, a unit in a cooperative project, a houseboat, a manufactured home, or a mobile home.
- Owner-built property: A home constructed by an owner -taxpayer is not eligible for the New Home Credit because the home has not been “purchased.”
The State of California has set aside $100,000,000 in tax credits for new home buyers. This program is on a first come first serve basis and once the allocated new home tax credit money is gone it’s over. Make sure if your California real estate agent is unfamiliar with this tax credit you let them know about it. You should also contact your accountant. Some details include that the tax credit amount is equal to either five percent of the purchase price or $10,000, whichever is less. Taxpayers must apply the total tax credit in equal parts over 3 successive taxable years which is a maximum of $3,333 per year beginning with the taxable year of when the new home is purchased. This can also be used in addition to the $8,000 First Time Home Buyer Tax Credit in the Stimulus Package.
If you are interested in applying you will need to:
- Do the following within 7 days of close of escrow on your New California Home.
- The seller must complete Part I of Form 3528-A which is the Application for New Home Credit and certifying that the home has never been occupied as well as provide a copy to the buyer or escrow person.
- The buyer will complete Parts II & III of Form 3528-A.
- The escrow person on behalf of the seller and buyer will fax the completed Form 3528-A to FTB at 916.845.9754, and provide a copy to the buyer.
- Fax is the only delivery method that will be accepted and considered for credit allocation by FTB, as the date and time stamp on the fax will determine the order in which credits are allocated.
- Fax only one completed application per residence with all qualified buyers listed. Do not include information on nonqualified buyers. An incomplete application may delay or prevent credit allocation.
- Do not fax the application to FTB before escrow closes.
- Do not fax the application to FTB more than once. We will process the applications in the order received as quickly as possible.
- Escrow companies should only send one application per fax transmission.
- The buyer keeps a copy of the completed Form 3528-A for their records.
- The State of California Franchise Tax Board will have a fill able Form 3528-A online soon. In the meantime, if you fill out the form by hand, please print numbers as clearly and neatly as possible using CAPITAL LETTERS and staying between the lines. The faxes can be very hard to read.
I spent some time today researching San Diego median home prices in 2009 compared to what they were in 2008. I found a great link that shows the median price from January 2008 to January 2009 and shows the difference in median prices in percentages. My theory based on real estate trends and experience in San Diego County has held true. I have been stressing the fact that many coastal areas will be hit the hardest despite what many so called experts have been saying. I have also said that areas like newer Chula Vista like EastLake, Rolling Hills Ranch, San Miguel Ranch and Otay Ranch have taken a huge hit early in this San Diego real estate downturn and won’t be hit nearly as bad as some of the areas that have a false sense of security. What I mean by false sense of security is that many coastal areas in San Diego just because they’re close to the beach are said to be by some real estate agents immune to a real estate downturn. Nonsense!
Some of these so called “untouchable to recession proof real estate areas” are North County Coastal and Coastal Central San Diego. Some of these areas are; Carlsbad, Encinitas, Oceanside, Solana Beach, Ocean Beach, Point Loma, and more. These areas have taken some of the biggest hits of all and in my opinion will continue to see slashed prices through 2009. These costal real estate areas should see bigger drops than the areas of Newer Chula Vista which has already taken its biggest drop early on.
The false sense of values in these coastal areas has allowed inventory to build and short sales and foreclosures to start their run up. These areas are and will be a buyer’s delight in 2009. I still think the newer areas of Chula Vista are closer to their bottom than many of the other areas in San Diego County. This means if you’re buying a home in these areas it could very well drop in value less than other areas of San Diego County. From January 2008 to January 2009 this was exactly what happened and is a good trend going into 2009 for home buyers.
Now the reality of some of the statistics in this San Diego Real Estate Median Home Price Chart is that the number of sales in some of the communities is so low that they are not that accurate. What is accurate is the overall median home prices by areas like; North County Coastal, East County, and South Bay San Diego. These are a culmination of the total sales in the areas and have a large enough number of closed sales to be accurate.
The chart tells me there has been a lower reduction in median home prices in South Bay San Diego OVER ALL OTHER AREAS of San Diego County. The bleeding is less in this area and some good signs of recovery and less hemorrhaging than other San Diego communities. Buyers and investors both are seeing the value in many South Bay San Diego Communities.
Checkout the San Diego Median Home Price Chart and make your own conclusions.
Do you want a list of San Diego Foreclosures? If so we can help you with that. There are thousands of foreclosures in San Diego County and the list changes every day. We thought about putting a daily San Diego foreclosure list together but then thought why not just give the San Diego foreclosure search tools to the buyers. That way a buyer looking for a foreclosure in San Diego or even the whole state of California can search foreclosures by zip code, price, size and any other possible search criteria.
This service costs us money but we feel that if a client wants to search for a foreclosure, why not give them the tools real estate experts use. Buyers then know how serious we are about helping them find a San Diego foreclosure by letting them use our expensive foreclosure analyzer tools for free. A list of foreclosures in San Diego is ineffective compared to how these tools can help you locate the perfect San Diego foreclosure. When you’re ready to buy a San Diego Foreclosure make sure you call us the San Diego Foreclosure Experts!
If you’re considering buying a foreclosure, bank owned home or condo, or an REO in Chula Vista 2009 should be a great year for you. Make sure you contact us to not only show you our Chula Vista Foreclosures but all Chula Vista Foreclosures for sale. Chula Vista has many foreclosures and will continue to have foreclosures throughout 2009 and into 2010. Foreclosures, bank owned and REO homes are in areas like; EastLake, EastLake Hills, EastLake Shores, EastLake Greens, EastLake Trails and Trails North, EastLake Woods, EastLake Vistas, EastLake Summit, Otay Ranch, Winding Walk, McMillin Lomas Verdes, Sunbow, Rolling Hills Ranch, San Miguel Ranch and older areas of Chula Vista.
There are many different areas of Chula Vista with different fees like HOA and Mello-Roos. An area expert in Chula Vista is essential for the amount of knowledge needed by an agent selling homes and condos in this area. Chula Vista consists of 5 zip codes including 91910, 91911, 91913, 91914, and 91915. All of these zip codes have foreclosures, REO’s and bank owned real estate. Chula Vista means beautiful view and there are many in the area including mountain views, lake views, golf course views, ocean views, and more. Ready to by a Foreclosure in Chula Vista? Were’ ready to help!
If you are a San Diego Border Patrol Agent buying a home in San Diego County including Chula Vista, Otay Mesa, San Ysidro and Imperial Beach make sure you call us. We have helped many Border Patrol Agents in San Diego buy a home. We appreciate all the hard work you do in San Diego County and want you to know when it comes to find a Real Estate Agent in San Diego we’re here to help. If you’re a Border Patrol Agent relocating to San Diego make sure you give us a call. We can get started right away emailing you homes for sale in San Diego and get things ready for your move to Southern California.
We have some great tools on our San Diego Real Estate Web Site to help you find your new home. We also have great maps to assist you in the location of the home to the rest of San Diego and distances to freeways. Also due to the large amounts of foreclosures in San Diego we have a San Diego Foreclosure Search Tool. If you’re in the U.S. Border Patrol and you need help buying a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtors.
I’m Dawn Lewis and I’m a San Diego Realtor. You have just found the best San Diego Real Estate web site for searching for San Diego Real Estate. I hope it helps you with your San Diego home or condo search and answers questions you have about San Diego real estate. Please use the tools and features like the San Diego MLS with its great maps and community information.
My Experience:
Realtor® in San Diego Since 1989
SOLD well over 1,500 Homes
San Diego Top Producer
San Diego Relocation Expert
Top Real Estate Negotiator
San Diego New Home Sales Expert
San Diego REO Listing Agent
San Diego Foreclosure Expert
Short Sale and Foreclosure Expert
Winner of many Real Estate Awards in Sales and Customer Service
As you can see I have been a real estate agent in San Diego for quite some time. Please put my experience to work for you and give me a call today.
San Diego Real Estate Blog
Home buyers in San Diego are enjoying the low interest rates in 2009. Many home buyers have been sitting on the fence for quite some time and many San Diego home buyers are saying yes in 2009. During the first month of January in 2009 I have noticed an increase in buyers looking into buying a home in San Diego. With foreclosures and short sales dominating many of the areas and price ranges the pickings are ripe.
The interest rates being low allow a potential home buyer to have a lower monthly payment or buy a more expensive home. This basically means they can get more for their money or buy the same size home they have had their eye on and have a lower monthly house payment. I have worked with many San Diego first time home buyers and have found that they are amazed that they are able to buy a home at such an affordable price and such a low monthly payment. Just a couple of years ago many first time home buyers thought they were priced out of the San Diego Real Estate Market forever. Now many can buy and have a monthly payment for what they’re renting for.
If you’re interested in buying a San Diego home or condos contact us today.
Start your San Diego ForeclosureSearch today.
There are many people buying a home in Chula Vista which is located in South Bay San Diego County California. One of the biggest real estate booms in the country was in Chula Vista East of the 805 in the 90’s and early 2000’s. There were many beautiful master planned communities going up which included EastLake, Rolling Hills Ranch, San Miguel Ranch, Otay Ranch, Lomas Verdes, Sunbow and more. In fact EastLake was voted Best Master Planned Community in all of San Diego County for 10 years straight and still running. Must be a nice place with that kind of winning record.
Many of the home buyers buying a home in Chula Vista are AMAZED at what they can get for their money and equally AMAZED by the community itself. Chula Vista is one of the gems of Southern California and the home buyers are catching on. If you’re considering buying a home in San Diego County California make sure you have us show you around the Chula Vista Area. I think you will like it.
Sailors and Marines relocating to San Diego can count on local real estate expert Dawn Lewis and her team to help them relocate to San Diego. The Navy and Marine Corps make up the vast majority of the military presence in the San Diego area and are a vital factor tothe identity of San Diego and its long military history. Dawn Lewis and her team havehelped many Sailors and Marines and their families with relocation to San Diego and have done so with attention to detail that would make an Admiral or General proud.
San Diego is home to thousands of Sailors and Marines and there are several large Navy and Marine Bases in San Diego County. Whether you are an officer or enlisted we can help you find just the right home or condo for you and for your family. We respect your time and your family’s time and will work within your schedule to show you properties that meet your criteria for a new home in San Diego.
If you’re relocating to San Diego within the next 6 months contact us now and we can start emailing you homes and condos in the areas of San Diego you are considering relocating to. We can also get you hooked up with a great local lender to start the VA Loan process. We can email you information about things in communities that will help you choose where you’re going to call home after you arrive to your new duty station in San Diego. Our local Military Relocation Real Estate Agents can help with your decision making process because of their knowledge of the areas they specialize in.
about San Diego and San Diego Real Estate and after reading the Ashlon interview about this 1970 movie I thought I would deviate and write about something out of the ordinary. I like the 1970’s low budget movies without all of the special effects and outspoken actors of today’s Hollywood. Ashlon responding to a question from the interviewer Andy about the car design he said; 
