North Coast Village

We had a client contact requesting more info on how a lease option would work on a rental property that she had found.  We explained to her that there are several moving parts to doing a lease option as putting a deal together like this takes a lot of negotiations on several fronts.  First, we explained that we need to find out if the owner is willing to sell the home even though the home is only listed for lease.  Once we found out that the seller would entertain an offer to purchase it we asked if he would be willing to do a lease first with an option to buy it within a 12 month period.  The owner said that they would agree to this depending on the purchase price of the home.  Since the property is not listed for sale this is a negotiable number that

Oceanside one of the best values and places to look when trying to find a rental property in North San Diego county.  While there is a large variety of rental properties found throughout the city the closer you get to the beach the more likely the property will end up being a short term vacation rental.  This is especially true when you get within a couple block radius to the beach in Oceanside, California.  Within this area are some really great places to look if you are wanting a rental property that is rented out on a month-to-month basis.  The first and probably the most popular places is the San Miguel condo complex.  if you have ever been to the Oceanside Pier area and walked along the beach then you will have seen the San Miguel condo complex which

Oceanside has a great variety of residential condos and homes to choose from that are located blocks to the beach while others are a short driving distance.  We have buyers that ask about the best places to find ocean and harbor view condos in the Oceanside area and there are a couple of great condo buildings to choose from.  Both of these buildings are located on the ocean side of the 5 freeway which is where you want to be in order to have a really great view.  Amenities will vary depending on where you decide to buy so here is our quick guide to both of these locations.

First, the Marina Tower in Oceanside will have a commanding view of the Pacific Ocean as well as the Oceanside Harbor.  Whenever someone asks for a Harbor View the very first place I

We recently received a call from a client who was excited to see a new condo listing come on the market in the North Coast Village complex listed at $263,000.  One thing the client didn't understand was that this condo was not selling for this price for full ownership, rather it was for 1/8 ownership of the condo.  Fractional ownership is something we have seen in the past but It really never seemed to gained popularity until recently.  It basically works around the concept of 8 different buyers who buy a share in any particular property.  All 8 owners own a 1/8 percentage of the property and work together on when they will occupy the property.  Any 8 owners may sell their percentage in the property at any given time and the cost of managing the home or

It's been a very busy year for the condo located at the North Coast Village complex in Oceanside, California.  In 2021, there have been a total of 37 condos that have closed escrow while the previous year of 2020 we saw 41 condo sales according to our multiple listing service.  The lowest recorded sale occurred in March of this year when a 1 bedroom condo with approximately 760 square foot sold for $500,000.  The most expensive sale thus far was a two bedroom ocean front condo that sold for $1,590,000 which closed escrow on 7/29/21.  

Our company represented several buyers this year at North Coast Village and there seemed to be one consistent theme for many buyers who are looking in this complex for investment purposes.  One thing to keep in mind is

Oceanside has a large range of rental properties available for a variety of lease terms.  There are a lot of owners of Oceanside properties that are looking for a long term 12 month lease which is often the case for homes located away from the beach and on the east side of the freeways.  These are often traditional single family homes located in established neighborhood that often don't see short term rentals.  There is a collection of properties near the beach that often do shorter term rentals and come fully furnished.  We get a lot of calls for these kind of properties which are very popular for those looking to do a vacation in the Oceanside area.  There are a few things to keep in mind when looking for a short term rental which will be explained

For years real estate agents use to deal privately with other real estate agents and clients about any upcoming listings that they might have.  In order to circumvent this from happening the board of realtors have introduced a new status to all listings.  Now clients will be able to see what kind of listings will be coming up for sale or for lease before it hits the market.  This is perfect timing as we have seen record low inventory in Oceanside with a higher demand for housing than what is currently available.  So how exactly does this work?

First, the listing is posted on our multiple listing service that is available for the public to view no matter the current condition of the home.  Often times a real estate agent will take a listing but there

One of the more popular places to find rentals in the Oceanside area is the North Beach area.  Basically these homes and condo rentals are located north of the Oceanside Pier and occupy some of the most desirable sections found in this quaint beach town. There are several large condo complex's that offer the closest distance to the beach in North Oceanside.  One of the largest and closest communities located next to the Oceanside Pier is the San Miguel complex.  There are several buildings located in San Miguel with some located right next to the beach while others are further back.  For the most part these are furnished vacation rentals that can be rented by the month.  It's important to keep in mind that there is typically pricing for the off season

One of the latest trends for real estate buyers is buying a home that has been completely remolded.  We started noticing this many years ago as buyers were no longer interested in taking on a project of a home that needed some work.  Savvy buyers are looking for homes that have a lot of upgrades and that are competitively priced as well.   COVID19 has really changed a lot about the real estate market in the last several months.  There are a lot of buyers out looking for homes since interest mortgage rates are some of the lowest that they have ever been.  The biggest problem right now is finding a suitable home.  Because of COVID19 the inventory of Oceanside homes has gone down which causes more buyers to be interested in any new properties that come on

Model homes always showcase the very best that a new community has to over with a ridiculous amount of upgrades to the home.  These types of properties are used to give buyers inspiration on how they can upgrade their own home and hopefully allow the builder to install them at any extra cost.  When a development is almost sold out these types of homes come on the market for sale, and In my opinion can be the best values since they are often located on a prime lot in the community.

Some of the best values besides new construction properties are those communities that are several years old and used to be the model home when they were first built. After a couple of years real estate prices typically will fall in line with what other similar type homes in