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August 2021 | VOLUME 6 | ISSUE 8
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LO C A L L I F E ST Y L E P U B L I C AT I O N
VOLUME 5
Megan’s Message
I
ISSUE 5
Just Listed in Talmadge
A Little Insight Into Love Letters…
4873 49th Street
What the heck is happening in San Diego real estate?!
In a competitive real estate market like we have Meet your neighbor Are homes even Can I even get a loan right now? been experiencing for theselling? last year and a half, Wendy Reynolds letters fromare buyers to theof sellers personal I get on a daily basis in These some thewith questions information about their life history, work life, Our spotlight this month is on the midst of our shelter in place period. pictures, family, etc. have COVID19 played an inßuential Wendy Reynolds of Talmadge. role in how a seller might select the buyer, in and This benefit A San Diego native, Reynolds I am here tell you of that indeed, homes of course. addition to atonumber other key factors, lastthanks to their service!), and if you are borrowing $701,500 or less, which grew up in Clairemont, went to are selling and people are getting loans. year, the California Association of Realtors¨ issued a new putsbuyers. you in the conventional financing Mission Bay High School and It’s still a bit early to seethese any price advisory against sending personal letters from 3 Bed | 2 Bath | 1,179San sq Diego ft category, many lenders will still allow you attended State for adjustment trends as we tend to measure The reason for this? Simply put, a seller could, as a result, Exceptional Location put as little as 5% down. All loans and college, “GO AZTECS!” Along that trend over a 3–6 month time frame unintentionally discriminate against a buyer basedtoon the $959,000 the way Reynolds moved to and weinformation just don’t have that hindsight personal provided, and select another.all lenders are not created equal, nor are as of yet. But I can tell you that I am still
their financing programs. Contact me for
San Francisco and after 20 4526 Natalie Drive
Atconsistently Þrst, I felt a seeing little disadvantaged clients in to a trustworthy lender that can referral years in the Bay Area, she multiple offers with on my buyer a following thisinnew as the story often you the information you need to decided she needed a change properties Sanadvisory Diego, particularly in of thea buyerprovide catches on torange the emotions of with a seller and could make the in your research. get started and made the move back to her $1.2 million and below both difference between my client getting the house or not. Still, I hometown of San Diego. After my buyer and seller clients. Of course, followed the rule earnest as and I certainly to like to explore buying and/ If want you would going to area open houses, this depends oninthe location overallwould not play a role in any act of discrimination. I have to say that it is or selling in this ever changing market, she came across Talmadge. presentation, but with an already very refreshing to of know that inventory the playing for all buyersÕ offers give me a call at 619.944.2798 or email According to Reynolds, “I loved limited set housing forÞeld buyers that are presented to a seller of a home is (should be) based me at Megan@MeganB.com. I’d be happy the friendly neighborhood vibe out there to choose from, it’s even tighter solely on their Þnancial abilities and terms of the offer. If only to discuss with you what sets my service and all the planned activities. now. Those that can still qualify for a all agents would follow this advisory, we could all continue to apart from the rest! I haven’t seen a neighborhood loan are able to take advantage of the strive to eliminate any question of discriminatory practice in 3 Bed | 2 Bath 1,773Talmadge.” sq ft quite| like still low rates and achieve their dream of the world of real estate transactions. Charming Architectural Details homeownership, moving up, or downsizing. $1,149,000 In May of 2019, Reynolds made As a Òlisting agentÓ, I receive these Òlove lettersÓ surprisingly Talmadge her home. A graphic Loans can be a little tricky these days often, still. I am ßabbergasted at the number of agents who designer for 25 years, she has for a primary residence and trickier still blatantly disregard this new advisory designed to protect both owned her own design business, for an investment Forthe a primary buyer and seller, notproperty. to mention agents and brokerages Olive Design for 20 years and is residence loan, with many (but not all) involved. As a general rule, after Þrst making my clients aware currently freelancing. Ultimately, lenders, you should onfrom having at that I am in receipt ofcount a letter a buyer, I will not present she is looking for a permanent least 20% down if you are needing to to protect my clients' them along with any offers. This is done position ensure nothis question of how the seller employee position (hint, hint). borrowand $701,501 or there higherisas puts you came to“jumbo the decision of who to Most selectlenders as their “buyer”. You can find her online portfolio in the loan” category. are still processing VA loans up to $1 million
Having grown up inan a culturally environment, I $0 down (always incredible diverse opportunity welcome advancement toward eliminating any form discrimination. When working with me, I am here to protect your position whether buyer or seller, as well as to guide you regarding how to get your offer accepted (without a letter). Contact me if youÕd like to discuss how I can help you achieve your real estate goals at 619-944-2798.
Have questions about real estate? Contact Megan!
Have Questions About Real Estate? Megan Beauvais Contact Megan! REALTOR¨, GRI
Megan Beauvais REALTOR® 619.944.2798
at wendyreynolds.myportfolio. com. In her free time, Reynolds loves hiking, mountain biking, print making, art shows and happy hour. Her passions include travel, photography and she loves her adorable dog, Diego. If you see them out in the neighborhood, be sure to say hello! Happy to have you here, Wendy!
megan@meganb.com DRE 01426805
DRE 01426805 megan@meganb.com 619.944.2798 www.meganb.com Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527365. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate.
Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527365. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been veriÞed. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. This information is provided for informational purposes only and is not a solicitation, recommendation, offer or promise to provide services. Compass is not offering legal, Þnancial or other professional advice. Compass reserves the right to refuse, reject, or cancel the program for any reason at any time without liability. Compass offers no guarantee or warranty of results. Subject to additional terms and conditions. Home must qualify under Compass Concierge guidelines. Subject to additional terms and conditions.