San Clemente, CA - TalegaLifestyle.com Magazine by Todd Schiedow

TalegaLifestyle

.com

Magazine

Historic Low Interest Rates & Low Inventory

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Take Advantage of the New Tax Law - Prop 19

IN THIS ISSUE How is the Talega Home sales & Inventory?

Interest Rate Recap SC New Construction Showcase “JUST LISTED”!

Local Postal Customer

1st Quarter Inventory, Lowest in Talega History!

From the Publisher

Great Marketing Sells Homes!

The first quarter of the year is now behind us; and we are starting to see many positive things happening. One thing for sure is that the real estate market in all of Orange County; especially Talega is selling very well, the average sales prices are 99.6% of the listed sales price, the days on the market are under a month on average; 24 days to be exact. Many homes are going thousands above current market price! Check out our “SC New Construction Showcase” on page 6 & 7. View all the videos on my YouTube Channel, “Todd Schiedow”. Prop 19 is a fantastic new transfer tax law that was voted in this past election. There are many details to this new tax law. Please contact me directly with any questions on transferring your tax base with prop 19. Contact me today if your thinking about selling, buying or leasing.

Our home sales, over the years in Talega.

Be safe, healthy & stay well!

Todd Schiedow 949-929-1339 schiedow@gmail.com

Please Enter from Upstairs!

JUST LISTED!

IN ESCROW!

Represented Buyer

OH, WHAT A VIEW!

106 Via Monte Picayo - San Rapheal in Talega

13 Via Santander - Amalfi in Talega

4 bedroom + Study

3 Bedroom + Loft and view deck

4 Ensuite Bathrooms

2.5 Bathroom | 2,463 SqFt

Pool & Spa | 3,445 SqFt

Listed for $999,999

Listed for $1,425,000

Think You Found a Better Mortgage Quote? Think Again... I’d been working with Sheila for 7 months as her new home was being built. We addressed some concerns and pulled a new credit report to reverify their credit scores, and I sent her a Loan Estimate (LE) showing the final purchase price, loan size, PMI costs, closing cost breakdown, and cash to close. The builder I’m affiliated with provided her $3000 in closing cost assistance for using us as their lender and their preferred title company; which covered the bulk of her costs. As closing approached, Sheila also spoke with another local lender, who provided her a fee worksheet (rather than a legally required, binding LE). It didn’t reflect several of the costs mine did (including county recording fee, credit report, appraisal re-inspection fee) Sheila wondered why the second lender didn’t charge those costs. My answer? Those items will almost certainly apply, regardless of your lender, but they just didn’t disclose them. When an appraiser does a new construction home appraisal, the house is seldom 100% completed. The appraisal is marked “subject to” final completion, and appraiser has to return to verify the house is done before closing. Unsurprisingly, there’s a small cost for the appraiser to return, which SHOULD be reflected on the LE and fee worksheet, this also

SELL YOUR HOME FASTER, FOR A BETTER PRICE. RealVitalize lets you make the needed improvements and repairs to prep your home for sale. We pay the upfront costs and you don't pay us back until closing, with no hidden fees, charges or markups. Homes using the RealVitalize program sell more than 25% faster as compared to other homes on the market* 1. Painting 2. Staging 3. Room Renovations 4. Flooring and Carpentry 5. Cleaning and Handyman Services 6. Electrical and Plumbing 7. Landscaping and Curb Appeal And much more!

wasn’t on “other lender’s worksheet”. Failing to disclose it hardly means it won’t apply, Contact Todd today to help you get your home ready to sell!!

and that Sheila is now basing a decision on incorrect information. The moral of our story? When comparing lenders, remember that some may (as they

Todd Schiedow | Schiedow@gmail.com | 949.929.1339 *Based on program data from Aug. 26, 2019 - April 1, 2020

SHOULD!) reflect all your potential costs, while others may not. Simply failing to list necessary items doesn’t mean you won’t end up paying them. Ask WHY they’re not shown, rather than simply presuming they apply with one lender but not another.

Pete Lopresti President / Owner Pete@rescomfs.com (949) 235-1995 NMLS# 226471

949-240-3880 Call Today for a Free Rate Quote!

Call Today for a Free Rate Quote or go to our website at www.rescomfs.com! 2 Cantilena in Seapointe Estates - $700,000

JUST LISTED!

SOLD

Local numbers for San Clemente and Talega services: Animal Control (949) 492-1617 Trash Services: CR&R (877) 728-0446

25762 Manzanita Dr Dana Point - $450,000

JUST LISTED!

IN ESCROW

SDG&E (800) 411-7343 Direct SC Police (949) 770-6011 SC Fire Services (714) 573-6000 Talega Maintenance Common area, lighting & Landscape (949)-361-8466 Patrol one to safelist cars parked overnight (949) 367-8055 over 7 days (949) 448-6026

$425,000 130 Avenida De La Paz

SOLD

$500,000 132 Avenida De La Paz

8,712 SqFt Lot

12,197 SqFt Lot

Panoramic Ocean Views!

New home being built! *4,000+ SqFt *Elevators *Wine Cellar *Roof Top Deck

Represented Buyer

New home being built! *4,000+ SqFt *Elevators *Wine Cellar *Rooftop Deck

City of san Clemente (949) 361-8200 Rancho Santa Margarita Water (949) 459-6400 SC Emergency Planning (949) 361-6109 SC Water & Sewer Emergency (949) 361-8315

Life Threatening Emergency Dial 911

Talega Real Estate

Pending Sales as of 4/11/2021

M a r k e t Active Listings as of 4/11/2021 Tract Verano (VERA) Alassio (ALAS) Trinidad (TRIN) Trinidad (TRIN) Alassio (ALAS) Amalfi (AMAL) Sabella (SABE) Vittoria San Lucar (SANL) Portomarin (PORM) San Rafael (SANR) Portofino Miraleste (MIRA) Catania (CATN) Carillon (CARL) Mirador (MIRD) Ravenna (RAVE)

St# 23 22 33 2 128 13 22 64 9 27 313 17 19 53 11 15 12

BR 2 2 2 3 3 3 4 5 5 4 5 5 5 5 4 5 6

BTH 2 2 2 3 3 3 3 3 4 4 4 3 4 4 5 6 6

SqFT 1351 1487 1388 1606 1776 2463 2314 2857 3147 2872 3445 3042 3338 3497 3786 4631 4600

$SqFt 425.61 402.15 432.28 398.51 408.22 406.01 540.19 446.27 411.5 469.71 398.98 467.46 434.39 443.21 421.29 424.96 585.87

Lot Sz 0 N/A 0 N/A N/A 4774 6269 4940 5159 4661 6200 7041 6584 6169 9533 7886 10000

Orig List 575000 581000 600000 640000 679000 999999 1250000 1299000 1295000 1375000 1374500 1422000 1450000 1585000 1575000 2049000 2695000

Curr Price DOM 575000 3 598000 2 600000 19 640000 1 725000 4 999999 4 1250000 10 1275000 28 1295000 1 1349000 31 1374500 0 1422000 17 1450000 4 1549900 23 1595000 6 1968000 30 2695000 14

*All Addresses listed on TalegaHomesForSale.net by tract

Tract Trinidad (TRIN) Alassio (ALAS) Verano (VERA) Santalana (SANT) Amalfi (AMAL) Farralon Ridge (FARL) Seaside Sandbridge (SAND) San Rafael (SANR) San Rafael (SANR) Monterey (MONT) Stella Mare (STLM) Ravenna (RAVE) Montellano (MONO) Verano (VERA) Vittoria (VITT) Sabella (SABE) Portomarin (PORM) San Rafael (SANR) Catania (CATN) Catania (CATN) Careyes (CARY) Careyes (CARY)

BR BTH Orig List Curr List SqFt 2 2 599000 625000 1388 3 3 675000 675000 1668 3 3 699500 699500 1881 3 3 730000 730000 1786 4 3 985000 998000 2567 3 3 1150000 1150000 2046 5 3 1155000 1155000 2507 2 2 1175000 1175000 2401 5 4 1425000 1425000 3536 4 4 1475000 1475000 3140 4 4 1539500 1539500 3111 4 4 1550000 1550000 3740 5 6 1750000 1750000 4282 5 6 2298000 2298000 4800 3 3 699000 699000 1881 4 4 1249000 1249000 3211 4 3 1250000 1250000 2300 4 3 1300000 1300000 3108 4 4 1474900 1474900 3140 6 4 1495000 1495000 3699 5 5 1699900 1699900 3602 4 5 1990000 1990000 4480 5 6 2300000 2300000 5290

$SqFt Lot Size DOM 450.29 N/A 18 404.68 N/A 12 371.88 N/A 19 408.73 N/A 18 388.78 4996 31 562.07 7053 42 460.71 5365 9 489.38 6944 10 403 5902 24 469.75 13389 27 494.86 7187 16 414.44 8095 17 408.69 7126 16 478.75 10756 30 371.61 2300 3 388.98 4772 2 543.48 7031 11 418.28 6708 0 469.71 10358 4 404.16 7357 17 471.93 5632 3 444.2 9278 30 434.78 12153 6

*All Addresses listed on TalegaHomesForSale.net by tract

Active Leases as of 4/11/2021 Tract

BTH

SqFt

$SqFt

Lot Size

Orig List

Curr List

DOM

Alassio (ALAS)

1232

2.27

2795

Carmel (CARM)

2050

2.44

5000

*All Addresses listed on TalegaHomesForSale.net (under leases) Or contact Todd directly at 949.929.1339.

Real Estate Sales & Leasing 949-929-1339 Schiedow@gmail.com

Leased from 1/1 - 4/11 Tract Trinidad (TRIN) Verano (VERA) Verano (VERA) Trinidad (TRIN) Alassio (ALAS) Alassio (ALAS) Trinidad (TRIN) Verano (VERA) Trinidad (TRIN) Seagarden (SEAG) Farralon Ridge (FARL) Carmel (CARM) Solana (SOLA) Carmel (CARM) Seaside (SEAS) Carmel (CARM)

St# 9 23 43 7 64 18 21 26 37 41 458 22 11 2 16 2

Street Name Avenida Brio Via Villena Via Villena Calle Calurosa Paseo Rosa Paseo Del Rey Calle Viveza Via Carmona Avenida Brio Corte Pinturas Camino Flora Vista Camino Lozano Camino Azulejo Calle Regio Avenida Reflexion Calle Merecida

BR BTH SqFt $SqFt Lot Sz 2 2 1388 1.87 0 2 2 1351 2.04 N/A 2 2 1351 2.29 0 3 3 1625 2.03 N/A 3 3 1668 2.04 N/A 3 3 1468 2.38 1000 3 3 1606 2.18 N/A 3 3 1840 1.93 N/A 3 3 1896 1.9 0 2 2 1526 2.36 N/A 4 3 2000 2.1 5300 3 2 2050 2.1 N/A 3 3 1690 2.54 3700 3 2 2066 2.18 N/A 4 3 2821 1.6 7288 2 2 2050 2.44 N/A

List Price 2600 2750 3100 3300 3400 3500 3500 3550 3600 3600 4400 4300 3950 4500 4500 5000

CALRE Lic#01237118

Final DOM 2600 1 2750 7 3100 5 3300 10 3400 7 3500 12 3500 36 3550 17 3600 2 3600 13 4200 24 4300 26 4300 3 4500 11 4500 1 5000 352

Passive real estate investments in San Clemente We provide investors with exposure to local real estate development projects.

For more information, please contact:

Ethan Namvar Centricity Financial, LLC* (949) 444-2295 info@centricityfinancial.com www.CentricityFinancial.com

Helping family’s in Talega since 2000! Thinking about Buying, Selling or Leasing contact Todd today! Website addresses helping to market and sell your homes!

TALEGAREPORTER.COM SCHOMEREPORTER.COM TALEGAHOMEVALUES.COM TALEGALUXURYREALESTATE.COM TALEGAHOMEOWNERS.COM TALEGAHOMESFORSALE.NET TALEGALIFESTYLE.COM We have every floor plan for every tract home in San Clemente!

Follow me @TalegaHomes on all Social!

Talega Closed Sales by Tract 1/1 to 4/11 Tract Alassio (ALAS) Alassio (ALAS) Trinidad (TRIN) Alassio (ALAS) Alassio (ALAS) Trinidad (TRIN) Trinidad (TRIN) Alassio (ALAS) Alassio (ALAS) Alassio (ALAS) Verano (VERA) Verano (VERA) Seagarden (SEAG) Carmel (CARM) Carmel (CARM) Carmel (CARM) Carmel (CARM) Amalfi (AMAL) Sabella (SABE) Farralon Ridge (FARL) Vittoria (VITT) Solana (SOLA) Amalfi (AMAL) Farralon Ridge (FARL) Seaside (SEAS) Caprizi (CAPR) Farralon Ridge (FARL) Portomarin (PORM) Farralon Ridge (FARL) Farralon Ridge (FARL) San Lucar (SANL) Sansol (SANS) Caprizi (CAPR) Vittoria (VITT) Caprizi (CAPR) Farralon Ridge (FARL) Farralon Ridge (FARL) Terra Linda (TERL) Terra Linda (TERL) Caprizi (CAPR) Seaside (SEAS) Vittoria (VITT) San Lucar (SANL) Cantabria (CATA) Miraleste (MIRA) Farralon Ridge (FARL) Stella Mare (STLM) Vittoria (VITT) Stella Mare (STLM) San Lucar (SANL) Monterey (MONT) Ravenna (RAVE) Cantabria (CATA) Cazadero Stella Mare (STLM) Portomarin (PORM) Miraleste (MIRA) Pacifica Summit (PACS) Portofino (PORT) Stella Mare (STLM) Stella Mare (STLM) Sansol (SANS) Carillon (CARL) Pacifica -Talega (PACF) Carillon (CARL) Catania (CATN) Pacifica Summit (PACS) Pacifica Summit (PACS) Cazadero (CAZA) Careyes (CARY) Montellano (MONO) Carillon (CARL) Pacifica Summit (PACS) Montellano (MONO) Montellano (MONO) Pacifica -Talega (PACF) Alta (ALTA) Careyes (CARY) Lucia (LUCI) Montellano (MONO) Montellano (MONO) Montellano (MONO) Alora (ALOR) Alora (ALOR) Alta (ALTA) Lucia (LUCI) Lucia (LUCI) Lucia (LUCI)

ST# 12 60 3 48 66 43 37 57 136 104 45 15 26 11 36 4 60 9 18 414 37 7 2 314 18 11 706 59 410 302 5 3 13 55 43 456 452 218 107 11 33 35 28 16 39 705 33 60 36 31 105 21 13 33 85 14 44 23 6 33 27 51 26 308 20 45 5 26 20 11 39 47 18 7 17 63 31 67 16 55 44 41 21 26 36 13 40 20

Street Name Paseo Luna Paseo Del Rey Calle Calurosa Paseo del Rey Paseo Del Rey Camino Celeste Camino Celeste Paseo Verde Paseo Vista Calle Campanero Via Villena Corte Aljibe Corte Pinturas Calle Merecida Avenida Cristal Camino Platino Avenida Cristal Via Huesca Calle Akelia Camino Flora Vista Via Armilla Camino Silla Via Huesca Corte Mira Vista Calle Almeja Via Alonso Corte Buscando Via Regalo Camino Flora Vista Corte Mira Vista Via Abajar Corte Abeja Paseo Carla Via Armilla Via Adrian Camino Flora Vista Camino Flora Via Malaga Plaza Via Sol Paseo Carla Calle Guijarro Via Armilla Calle Verdadero Calle De La Luna Via Cancion Corte Buscando Paseo Lerida Via Armilla Paseo Lerida Calle Verdadero Via Plumosa Via Nerisa Calle Celestial Via Buen Corazon Via Regalo Via Timon Via Cancion Calle Pacifica Calle Portofino Via Timon Via Timon Corte Vidriosa Via Torina Camino Bravado Calle Mattis Via Cartama Calle Pacifica Calle Anacapa Via Buen Corazon Calle Sonador Calle Vista Del Sol Calle Mattis Calle Pacifica Calle Angelitos Calle Angelitos Calle Careyes Via Alcamo Calle Careyes Via Conocido Calle Vista Del Sol Calle Vista Del Sol Calle Vista del Sol Via Lampara Via Paulina Via Alcamo Calle Viviana Via Conocido Via Conocido

BR 2 2 2 3 3 3 3 3 3 3 3 3 2 3 3 3 3 4 4 4 5 5 3 4 5 4 4 4 4 3 4 3 4 3 4 4 4 5 5 4 4 4 4 3 4 4 4 4 4 5 5 4 3 5 5 5 5 4 5 5 6 4 4 6 6 4 5 5 5 5 5 5 4 5 5 5 5 5 6 5 5 5 4 6 5 5 5 5

BTH 3 3 2 3 3 3 3 3 2 3 3 3 3 3 2 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 4 4 4 5 5 3 5 5 3 4 5 4 5 3 5 6 7 4 4 5 5 6 6 5 6 6 6 6 6 6 6 6 6 5 7 6 6 6 6

SqFt 1232 1232 1388 1468 1468 1896 1625 1668 1298 1668 1881 1840 2053 2358 2050 2527 2358 2369 2351 2414 2857 2294 2567 2186 2641 2431 1923 3009 2186 2051 2448 3069 2583 2857 2566 2414 2186 2702 2702 2566 2641 3209 3147 2867 3098 2414 2978 3211 3577 3147 3111 4068 2867 4024 3729 2987 3338 3627 3042 3851 3901 3340 3786 3866 4170 3497 4372 3847 3990 4689 4423 3942 4220 4800 4715 5061 5068 4689 6070 4429 4686 4774 4026 4640 4752 5136 6000 6055

Kim’s Corner - Creamy Shrimp Pasta $SqFt 413.96 442.37 425.79 415.53 418.94 334.92 393.85 386.69 508.47 407.67 363.64 380.43 365.32 338.85 400 336.37 377.44 393.41 400.47 393.54 332.52 420.66 377.87 450.59 378.64 415.47 533.02 340.64 480.33 514.38 441.18 358.42 435.54 393.77 446.22 475.97 531.34 438.56 440.41 467.65 454.37 373.95 394.03 436 404.13 529.83 429.82 398.63 363.43 416.27 425.91 325.71 484.83 347.91 375.44 485.44 441.58 406.67 486.52 384.32 379.39 459.58 409.4 407.4 383.69 478.98 411.25 467.9 457.39 399.87 427.31 488.33 460.9 410.42 445.39 424.82 426.2 464.92 362.44 498.98 476.95 481.57 595.88 523.71 534.51 505.84 445 462.43

Lot Sz List Price N/A 509000 N/A 549000 N/A 589900 N/A 610000 N/A 589900 0 639000 0 649000 N/A 650000 N/A 635000 N/A 679000 N/A 679000 0 669000 N/A 750000 N/A 799000 4000 849000 N/A 864900 N/A 865000 3844 910000 4866 939000 4003 949000 4902 950000 5995 979000 6100 1040000 5648 979000 4668 995000 4672 999900 4928 999000 5347 1025000 6978 1050000 6582 1049000 4532 1079000 7171 1100000 6153 1125000 4554 1100000 6006 1089000 4165 1139000 4026 1100000 6977 1150000 6963 1150000 7485 1159000 7310 1225000 5639 1200000 5806 1150000 7875 1248000 7898 1249900 7001 1150000 5173 1200000 6351 1249000 5514 1299000 6540 1289000 6573 1325000 7765 1399000 8071 1254000 7943 1450000 6181 1375000 6948 1450000 7707 1474000 7843 1399000 8394 1495000 8868 1399000 9163 1588000 8082 1499000 7098 1629900 8387 1575000 7262 1550888 6050 1675000 10123 1825000 7878 1697777 9248 1825000 8189 1875000 13431 1890000 7455 1895000 9465 1945000 10670 1970000 9832 2088000 9452 2200000 13745 2250000 10454 2250000 13229 2200000 10764 2195000 10910 2297000 14304 2299000 12401 2399000 11088 2320000 13448 2540000 11230 2598000 15984 2695000 16415 2800000

Sale Price DOM 510000 1 545000 2 591000 4 610000 3 615000 3 635000 37 640000 28 645000 17 660000 6 680000 0 684000 3 700000 23 750000 0 799000 5 820000 0 850000 108 890000 1 932000 4 941500 0 950000 6 950000 0 965000 4 970000 4 985000 2 1000000 2 1010000 2 1025000 47 1025000 0 1050000 0 1055000 4 1080000 7 1100000 154 1125000 48 1125000 26 1145000 3 1149000 70 1161500 9 1185000 5 1190000 5 1200000 5 1200000 8 1200000 0 1240000 3 1250000 12 1252000 1 1279000 11 1280000 4 1280000 0 1300000 22 1310000 4 1325000 2 1325000 28 1390000 4 1400000 1 1400000 7 1450000 2 1474000 5 1475000 3 1480000 2 1480000 0 1480000 15 1535000 0 1550000 70 1575000 4 1600000 4 1675000 2 1798000 1 1800000 4 1825000 0 1875000 1 1890000 13 1925000 1 1945000 0 1970000 9 2100000 17 2150000 6 2160000 23 2180000 49 2200000 0 2210000 4 2235000 4 2299000 2 2399000 11 2430000 1 2540000 0 2598000 4 2670000 32 2800000 0

CREAMY SHRIMP PASTA 8 oz (240g) farfalle pasta 1 pound (450g) shrimp, peeled and deveined 1 teaspoon onion powder 3 garlic cloves, minced 1/4 teaspoon salt and cracked black pepper 4 oz (120g) chopped sun-dried tomatoes, drained from oil – keep 2 tablespoons oil reserved 1 cup (240ml) half-and-half (or whipping cream) 1/4 cup (60ml) vegetable or chicken broth 1 cup shredded mozzarella (or parmesan) 1 tablespoon dried basil 1 teaspoon crushed fennel seeds, optional 1/4 teaspoon red chili pepper flakes 1/8 teaspoon paprika 1/2 cup reserved cooked pasta water (or more) 1 tablespoon grated parmesan, for garnish 1. To make the creamy shrimp pasta: Cook pasta according to package instructions. Reserve some cooked pasta water, drain the pasta, and reserve for later. 2. In the meantime, sprinkle shrimp with onion powder in a shallow plate and heat 2 tablespoons of the reserved oil in a large skillet over medium heat. Add shrimp on one layer and cook on each side for about 1 minute each, until shrimp turns pink or golden brown on both sides, season shrimp with salt while cooking. Remove the shrimp to a plate. 3. To the same skillet, add sun-dried tomatoes and minced garlic. Saute sun-dried tomatoes in oil remaining from shrimp on medium heat, stirring, for 1 minute until the garlic is fragrant. Add the broth and half and half to the skillet and bring to a simmer. Add shredded mozzarella and continue cooking the sauce on low simmer heat, constantly stirring, until all the cheese melts and the creamy sauce forms. If the sauce is too thick, add a small amount of half-and-half or reserved cooked pasta water. 4. Add dried basil, crushed fennel seeds, crushed red pepper flakes, paprika and stir well. Adjust seasoning with salt and pepper. 5. Add cooked pasta to the sauce, and reheat gently on medium heat. Stir in the cooked shrimp. If the sauce gets too thick, add a small amount of half-and-half or reserved cooked pasta water. Let everything simmer on low for a couple of minutes for flavors to combine. Garnish with grated parmesan if you like, and serve the creamy garlic shrimp pasta immediately. Enjoy!

Overpaying for Tax Preparation?

$400 flat fee* Friendly, accurate tax preparation service you deserve delivered virtually and secure. Contact Brian Tort to start today. (949) 432-9226 brian@centricityfinancial.com *For non-complicated filings only.

SC New Construction showcase Live the South West SC Lifestyle! 2021 New Construction! TWO Brand New Elegantly Designed, Contemporary one of kind custom beach home projects, located very close to the beach! Rare build to suit new construction project in South West San Clemente, “Lost Winds” with ocean views! Plans are approved for two Luxurious modern homes. The old home has been torn down, building the new homes are well on their way! You have a unique opportunity to purchase before they are completed and add some of your personal touches. Completion is estimated for late October. Complete amenities list available upon request.

211 Avenida Princesa

213 Avenida Princesa

211 Avenida Princesa

Roof Top Ocean View Decks

Central San Clemente - 145 W Canada SOLD $2,100,000 Unique Coastal Beach Location! New Construction Luxury Home or Investment Property Opportunity! See the detailed floor plans to build your luxurious 3 level beach home. A spacious 2,566 Sq. Ft. 4 bedroom plus loft / studio, 3 bath luxury main unit home, Kitchen & Family area expanding into the roomy outdoor entertainers patio, main floor guest suite, well-appointed master bedroom opens up to a cozy deck, sitting area and has a large walk-in closet. Retreat to your private 3rd story relaxing ocean view deck, feel the ocean breezes and watch the sunset into the ocean. 2nd unit (ADU) is a 2 bedroom & 1.5 bath 1,080 Sq. Ft. with main floor private patio or this could be a fantastic 2-unit Investor property. New construction home, located on one of the rare, larger rectangle lots in this area with plenty of room for a gorgeous back yard and ample space to include a pool & spa. Only 2.5 blocks to San Clemente's finest beaches and hiking trail, running the full length of SC, right on the beach! Enjoy the coastal beach community, blocks from restaurants, close to schools, parks and everything going on in downtown San Clemente and shopping at the SC Outlets. The developer is offering a pre-construction price with approved plans of $1,100,000. Once everything is finalized in February they will move forward with the project to completion and the sales price will be $2,350,000.

MAIN RESIDENCE

ADU

MAIN FLOOR

ROOF TOP DECK

MAIN RESIDENTS & ADU UPPER FLOOR

Real Estate Sales & Leasing

949-929-1339 Schiedow@gmail.com

VIEW FROM ROOF TOP DECK

TalegaLifestyle.com direct mailed, digitally published and shared socially reaching 20,000+ people monthly. Direct marketing helping you reach high quality buyers, selling your home faster and for a higher price!

CalRE Lic#01237118 “Based on information from California Regional Multiple Listing Service, Inc. as of [4/11/2021 the AOR/MLS data was obtained] and or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office / agent presenting the information.” PLUS "This is not intended to solicit a listed property or the offerings of other Brokers / Realtors. If your property is currently listed for sale with a Broker / Realtor, please disregard.”

Central San Clemente - 140 W Canada One & Two GRAND OPENING IN MAY! CATALINA TO SAN CLEMENTE ISLAND, BREATHTAKING BLUE WATER & SUNSET VIEWS! Pushing the boundaries, this brand-new home breaths, contemporary stylish sophistication with a sense of simplicity in every element. Beautifully designed with clean architectural lines, open and flowing floor plans. The outdoor space is both connected and integrated to the indoor space. Luxury amenities including stunning Calcutta quarts counter tops throughout homes, LG stainless appliances, luxury flooring and Phylrich luxury artisan finished fixtures. The A/C and heating are a high efficiency ductless Mitsubishi, you have total control with individual thermostat app controlled, specific location placement of cassettes in the ceiling for the ultimate coverage and control Custom European cabinets with Bloom soft closing sliders. Added entertainers dream, expansive rooftop decks with digital accent lighting, 360 degree views of ocean, sunset, rolling hills and city lights. The ultimate entertainment location to enjoy with your family and friends.

DUPLEX / 2 CONDO'S #1 - 2,160 SQFT / 3 BR 3 BTH / 1,800 SQFT ROOFTOP AND DECK SPACE - $1,990,000 #2 - 1,817 SQFT / 3BR 3BTH / 601 SQFT ROOFTOP AND DECK SPACE $1,600,000 EACH HAVE 3 CAR GARAGE WITH STORAGE SPACE DUPLEX - $3,495,000 / 3,977 SQFT / 6 BR 6 BTH / 2,401 ROOFTOP and deck space.

140 W Canada, One & Two Southwest San Clemente - 1010 South El Camino Real

BRAND NEW LUXURY COASTAL RESIDENCES

Open-concept layouts, high-end finishes and flexible floor plans. With an average of 312 square feet of outdoor living space in every home, you’ll have no limit to the coastal breezes you can enjoy without stepping foot on the sand. Ten10 Santiago offers today’s necessities, including ample parking, storage solutions, and bonus living spaces.

Each comes with their own show-stopping 180 degree ocean view

1,587 SqFt to 1,977 Sqft living space 2-3 Bedrooms 2-3 Bathrooms Priced from $1,398,000 to $1,985,000

Mortgage Rates Are Rising. Read This Before You Refinance.

he Markets. Rates moved lower for the first time in several weeks. For the week ending April 8, Freddie Mac announced that 30-year fixed rates decreased to 3.13% from 3.18% the week before. The average for 15-year loans fell to 2.42% and the average for five-year ARMs rose to 2.92%. A year ago, 30-year fixed rates averaged 3.33%, 0.20% higher than today. Attributed to Sam Khater, Chief Economist, Freddie Mac - "After moving up for seven consecutive weeks, mortgage rates have dropped due to the recent, modest decline of U.S. Treasury yields. As the economy recovers, it should experience a strong rebound in the labor market. Combined, these positive signals will continue to bolster purchase demand. The drop in rates creates yet another opportunity for those who have not refinanced to take a look at the possibility.” Note: Rates indicated do not include fees and points and are provided for evidence of trends only. They should not be used for comparison purposes. Please use chart below for current rates and terms.

Present mortgage rates for the week of April 16th Conventional up to $548,250 30yr fixed rate: 2.99% (3.07% APR) High balance between $548,250 &amp; $822,375 30yr fixed rate: 3.125% (3.27% APR)

If you haven’t refinanced yet, is it still worth it? Homeowners have a lot to consider before signing that application. Mortgage rates are on the rise after nearly a year of record lows, providing a nudge to homeowners who want to refinance but didn’t get around to it yet.

Does it still make sense to call up your lender and file an application? There is time to figure it out. Here are some questions to consider: What rate makes sense for me? First find the difference between your current mortgage rate and the potential savings of a refinance offer. The rate for a refi will vary based on the particular homeowner. Lenders consider credit history, income and home equity when evaluating applications. The average rate on a 30-year mortgage rose to 3.05% for the week of April 11, according to Freddie Mac. While that is higher than historic “ lows reached last summer, homeowners with rates above 4% could still benefit from refinancing. Consider how many months it would take for you to recoup the costs of closing on a refi, along with how long you’ll be staying at this home. If you can recoup closing costs within two years and plan to stay in your house for longer, the savings on interest means the math will likely work in your favor.

FHA 3.5% minimum down payment ($548K-$822k)

IN ESCROW!

30yr fixed rate: 2.625% (2.89% APR) VA (0 down payment - $150k-$822k) 30yr fixed rate: 2.625% (2.74% APR)

Pete LoPresti President-Broker Represented Buyer

Rescom Financial Services Direct: 949-200-8395 Mobile: 949-235-1995 Email: Pete@rescomfs.com

Jumbo Buster!

First Mortgage: Loan amount: $822,000 Purchase price: $1,100,000 Interest rate: 3.125% Down payment: $165,000 (15%) Loan type: 30yr fixed

Second Mortgage: Loan amount: $113,000 Interest rate: 5.24% Loan type: HELOC – Interest Only

Payment: First: $3521.25 Second: $493.43

Fannie Mae, Freddie Mac conforming loan limits increase for 2021 Most counties increase by 7.5% The Federal Housing Finance Agency announced a new baseline conforming loan limit for Fannie Mae and Freddie Mac in 2021: $548,250. This is a 7.5% increase from 2020’s limit of $510,400 and

and mandated that, after a period of price declines, the baseline loan limit cannot rise again until home prices return to pre-decline levels.

marks the fifth consecutive year of increases from the FHFA. In 2016,

For high-cost areas, where 115% of the local median home value

the FHFA increased the Fannie and Freddie conforming loan limits for

exceeds the baseline conforming loan limit, the maximum loan

the first time in 10 years, and since then, the baseline loan limit has

limit is higher than the baseline loan limit.

gone up by $131,250. The conforming loan limits for Fannie and Fred-

HERA establishes the maximum loan limit in those areas as a mul-

die are determined by the Housing and Economic Recovery Act of

tiple of the area median home value, while setting a “ceiling” on

2008, which established the baseline loan limit at $417,000

that limit of 150% of the baseline loan limit.

27401 Los Altos, #285 Mission Viejo, Ca. 92691 | NMLS# 226471 Licensed by the California Department of Real Estate, License # 01854569. Rescom Financial Services is an Equal Opportunity Housing Lender. Loans are available on a fair and equal basis regardless of race, color, religion, sex, familial status, national origin, military status, disability or ancestry.