Karen Urata Realtor

Posts Tagged ‘Escondido California’

Welcome to Transaction Tuesday

In El Cajon, Escondido, La Mesa, Mission Valley, North San Diego County, Oceanside, Poway, Ramona, Real Estate, San Diego County, San Marcos, Santee, Vista on January 2, 2013 at 5:44 am
Image courtesy of smarnad/FreeDigitalPhotos.net

Image courtesy of smarnad/FreeDigitalPhotos.net

Welcome, grab a cup of coffee, sit down, relax and I will happily answer those “silly” questions you might have about special terms and other things that come up during a real estate transaction that you may have heard of but don’t really know for sure what they mean and never get around to asking about.

Let’s say you have been working with your agent to negotiate the purchase or the sale of your home.  The offer has been made and counter offers have been negotiated and an agreement has been reached.  Your agent calls you and says, “Congratulations, you are in escrow!”  She sounds happy and excited for you so you know that must be a good thing, but what exactly does being in escrow mean?

In a real estate transaction, escrow is a third-party that is selected in the negotiation process and is named in the contract.  This is the party who holds the deed to the property and the funds from the buyer and lender, (if you require a loan), and releases them to the proper parties when the property sale is recorded and the transaction is complete.

In the state of California real estate transactions go through the escrow process, however, some states use attorneys for this part of the real estate transaction.

The escrow process generally takes a while to complete as many details must be handled during this process.  One important element of escrow is ordering the preliminary title report.  This report shows ownership of the property and whether the seller has the authority to transfer the property.  It also helps to show encumbrances such as liens and easements that may be filed against the property that.  We can touch on some of those in a later post focusing on title insurance.

In most cases, sellers and buyers have the assistance of a real estate agent to help guide them through the many details that should to be completed during the escrow process.

Check back next Tuesday and we will talk a little more about the items that you might hear about during the escrow process. Until then, make it a great week.

If you have a real estate question you would like to submit for consideration as the subject of a future Transaction Tuesday blog post please email your question to uratakaren@yahoo.com.

See you in the neighborhood,

Karen Urata

DRE License # 01720025

B W Real Estate Group

(760) 609-0952

5-Star Award Winner  San Diego Magazine 2010, 2011, 2012

Serving Buyers and Sellers in San Diego County

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Does it Make Sense Today to Hire a Realtor When Buying or Selling Your Home?

In La Mesa, Mission Valley, North San Diego County, Oceanside, Poway, Real Estate, Retirement homes, San Diego County, Uncategorized, Vista on May 8, 2012 at 5:06 pm
1941 REALTOR ad #2

1941 REALTOR ad #2 (Photo credit: NARinfocentral)

Image: jannoon028 / FreeDigitalPhotos.net

We live in such a wonderful time.  The internet brings so much information to our fingertips.  Homebuyers are able to see homes on the market and market value information, like Zestimates, in a flash.  It is a benefit of the information age.  It makes many people wonder if today, they really need a professional to help them find the home of their dreams.

Interestingly enough, I think the answer to this is maybe even more so today than ever.  Why?  Because while it is true that there is more information available to us today, there is also more misinformation.

Well, I do not know if you have ever searched online for a home and after an hour or two decided that you have found just what you wanted.  You sent off an email only to find that it sold 6 months ago.

Maybe you are thinking of selling your home to upgrading to a larger home in order to take advantage of the fact that the lower prices often translate in to a larger proportional savings at a higher price point.  You have done research on-line to get an idea of the value of your property through the tools like Zestimates.  You calculated what you might then have to put down on the purchase of your new home.  You are ready to sell and decide to go it alone and put your home on the market without the help of a professional Realtor®.  You set your price based on the research you did on the internet.  Because the tools you used cannot take into consideration the personal nature of each property or the details of the transactions, it is not an accurate reflection of an individual property in the market conditions that exist today. The result is that you may not be priced to attract the ideal buyer for your property.  The consequence could be that your home languishes on the market and as a result, buyers may not even include your home on their list of viewings thinking that there must be something wrong with this home because it has been on the market so long.  In addition to strategic pricing, a Realtor® can draw on real estate marketing expertise and real estate network contacts to promote your home on the real estate market.

Having said that, I think that the internet is a wonderful place to start your journey of buying or selling a home.  I just believe that along the way it is important to find a professional Realtor® to work on your behalf to help guide you through the art of negotiating the right terms on the right property or with the right buyers to make your real estate goals a reality.

If you have any questions about the real-time market conditions in your neighborhood or the neighborhood you want to live  in, please do not hesitate to contact me.  I am here to help you.

See you in the neighborhood,

Karen Urata

DRE License # 01720025

B W Real Estate Group

(760) 609-0952

5-Star Award Winner  San Diego Magazine 2010, 2011, 2012

Serving San Diego County

Day of the Dead Celebration in Escondido

In Art, Halloween, Real Estate, San Diego County, Uncategorized on October 13, 2011 at 12:13 am
Day of the Dead ofrenda

Image via Wikipedia

Have you ever wondered what the Day of the Dead Celebration is all about?  Then mark your calendar for Tues. November 1st, 2011 and get ready to head over to the California Center for the Arts in Escondido.  They are offering a hands-on, free community celebration that features art projects for everyone. 

 There will be a paper flower-making workshop and an interactive exhibit, Eloy Tarcisio’s Muerte de todos ofrendo de participacion, (Death comes to Everyone, a Participatory Offering).  Visitors are encouraged to participate in the installation by leaving personal objects in memory of loved ones such as photographs, mementos representing favorite things, and flowers. 

There will be traditional refreshments available such as Pan Dulce and Mexican Hot Chocolate and  performances by Ballet Folklorico performances.

This annual event is scheduled for Tuesday, November 1st 2011 from 6:00-9:00 PM.  The California Center for the Arts Escondido is located at 340 N Escondido Blvd (between 3rd Ave and Valley Parkway) Escondido, CA 92025.

Presented by Vallarta Supermarket and Crescentera.

For more information visit www.artcenter.org (800) 988-4253.

 As always, remember I am here to answer your San Diego County real estate questions.  Call me, Karen Urata, at (619) 454-7959.

License # 01720025