tag:www.danmelson.com,2007-08-27://4 2009-07-06T13:45:03Z The website of real estate agent and loan officer Dan Melson. Information and help for those wishing to buy, sell, and refinance real estate in La Mesa and the surrounding East County Communities, including San Carlos, El Cajon, and Santee Movable Type Publishing Platform 4.0 DanMelsonsSanDiegoRealEstateAndMortgageWebsitehttp://feedburner.google.com tag:www.danmelson.com,2009://4.4789 2009-07-06T14:00:00Z 2009-07-06T13:45:03Z

The new consumer article for today is How To Keep Listing Agents From Filtering Out Offers. This is a real, major, and once again increasing problem within the real estate industry. You need to take steps to prevent it from...

Dan Melson http://www.searchlightcrusade.net/ How To Keep Listing Agents From Filtering Out Offers. This is a real, major, and once again increasing problem within the real estate industry. You need to take steps to prevent it from happening to you before you sign the listing contract. And if you're wondering, I'm perfectly happy to agree to everything outlined in the article. I pretty much do it anyway. ]]> tag:www.danmelson.com,2009://4.4784 2009-07-01T14:00:00Z 2009-07-01T13:58:11Z

The new consumer article for today is Short Sale Negotiators and the Interests of Potential Buyers. An awful lot of nonsense gets tried with short sales, most of it for the benefit of lazy listing agents who shouldn't have taken...

Dan Melson http://www.searchlightcrusade.net/ Short Sale Negotiators and the Interests of Potential Buyers. An awful lot of nonsense gets tried with short sales, most of it for the benefit of lazy listing agents who shouldn't have taken the listing rather than any of the principals in the transaction.]]> tag:www.danmelson.com,2009://4.4782 2009-06-29T14:00:00Z 2009-06-29T13:40:55Z

The new consumer article for today is They Told Me Not To Make My Loan Payment. Ladies and Gentlemen, that's one of the top ways to get yourself in trouble when you're refinancing. What if your new loan cannot be...

Dan Melson http://www.searchlightcrusade.net/ They Told Me Not To Make My Loan Payment. Ladies and Gentlemen, that's one of the top ways to get yourself in trouble when you're refinancing. What if your new loan cannot be done for some reason? In some cases I may ask people to wait or to hold off, but never just to flat not make the payment.]]> tag:www.danmelson.com,2009://4.4778 2009-06-25T18:20:00Z 2009-06-25T18:18:46Z

This is the new list of HOMESTEPS properties from Freddie Mac for the areas I specialize in. These properties qualify for special financing. I can get the list for other areas. I also have a list of upcoming HOMESTEPS...

Dan Melson http://www.searchlightcrusade.net/ Contact me La Mesa Address: 4800 WILLIAMSBURG LN 223, LA MESA, CA Rooms: 5 Bed: 3 Bath: 2.0 Price: 185,500.00 Address: 4645 MUNROE ST, LA MESA, CA Rooms: 7 Bed: 4 Bath: 3.0 Price: 519,900.00 Address: 5700 BALTIMORE DR 218, LA MESA, CA Rooms: 4 Bed: 2 Bath: 2.5 Price: 185,500.00 El Cajon Address: 12074 CALLE DE LEON 53, EL CAJON, CA Rooms: 4 Bed: 1 Bath: 1.0 Price: 164,300.00 Address: 1273 ANDOVER RD, EL CAJON, CA Rooms: 5 Bed: 2 Bath: 1.0 Price: 223,130.00 Address: 855 S ANZA STREET, EL CAJON, CA Rooms: 5 Bed: 3 Bath: 2.0 Price: 233,200.00 Address: 531 S ORANGE AVE, EL CAJON, CA Rooms: 6 Bed: 3 Bath: 1.5 Price: 234,900.00 Address: 1133 PERSIMMON AVENUE 6, EL CAJON, CA Rooms: 5 Bed: 3 Bath: 2.5 Price: 191,807.00 Lakeside Address: 12923 MAPLEVIEW ST, LAKESIDE, CA Rooms: 4 Bed: 2 Bath: 1.0 Price: 63,500.00 Address: 9609 NECTARINE DRIVE, LAKESIDE, CA Rooms: 5 Bed: 3 Bath: 2.5 Price: 140,450.00 Santee Address: 9139 FANITA RANCHO ROAD, SANTEE, CA Rooms: 5 Bed: 3 Bath: 1.0 Price: 179,500.00 Address: 10570 KERRIGAN COURT, SANTEE, CA Rooms: 5 Bed: 3 Bath: 2.5 Price: 197,128.00 Address: 7390 OLD MISSION COURT 169, SANTEE, CA Rooms: 4 Bed: 2 Bath: 2.0 Price: 204,050.00 Address: 9635 MAST BOULEVARD, SANTEE, CA Rooms: 5 Bed: 3 Bath: 2.0 Price: 237,970.00 Address: 10507 FLORA AZALEA COURT, SANTEE, CA Rooms: 5 Bed: 3 Bath: 2.0 Price: 332,500.00 San Diego City Address: 4204 45TH STREET 13, SAN DIEGO, CA Rooms: 4 Bed: 2 Bath: 2.0 Price: 92,220.00 Dan Melson, Agent Clarity Real Estate Network 619-300-7425]]> tag:www.danmelson.com,2009://4.4774 2009-06-24T15:00:00Z 2009-06-24T15:00:06Z

The Best Loans Right NOW Based upon "average credit", not absolutely perfect credit. People who do have better credit get even better rates! Conforming Rates Thirty Year Fixed Rate Loans 5.25% 30 Year fixed rate loan, with one total point...

Dan Melson http://www.searchlightcrusade.net/ The Best Loans Right NOW Based upon "average credit", not absolutely perfect credit. People who do have better credit get even better rates! Conforming Rates Thirty Year Fixed Rate Loans 5.25% 30 Year fixed rate loan, with one total point (discount plus origination) to the consumer and NO PREPAYMENT PENALTIES!. Assuming a $400,000 loan, Payment $2208, APR 5.381! This is a thirty year fixed rate loan. The payment and interest rate will stay the same on this loan until it is paid off! 30 year fixed rate loans as low as 4.5 percent (But you'd have to be crazy to pay that many points!) 5/1 Hybrid ARM Rates 5/1 ARMs have now fallen to levels below 30 year fixed by nearly a full percent! 4.375% 5/1 ARM, with one total point (discount plus origination) to the consumer and NO PREPAYMENT PENALTIES!. Assuming a $400,000 loan, Payment $1997, APR 4.499! This is a fully amortized thirty year loan with the interest rate fixed for five years. 5/1 ARM rates as low as 4 percent (But you'd have to be crazy to pay that many points!) Jumbo Conforming Rates (aka Super Conforming) (NOW $417,001 to $697,500 in San Diego)) 5.5% 30 Year fixed rate loan, with one point (total discount and origination) to the consumer and NO PREPAYMENT PENALTIES!. Assuming a $500,000 loan, Payment $2839, APR 5.632! This is a thirty year fixed rate loan. The payment and interest rate will stay the same on this loan until it is paid off! 30 year fixed rate loans as low as 4.625 percent (But you'd have to be crazy to pay that many points!) VA Rates 5.5% 30 Year fixed rate loan, with one total point (discount plus origination) from the lender to the consumer and NO PREPAYMENT PENALTIES (Standard Veterans Administration government generated charges to borrowers apply)!. Assuming a $400,000 loan, Payment $2271, APR 5.633! This is a thirty year fixed rate loan. The payment and interest rate will stay the same on this loan until it is paid off! 30 year fixed rate VA loans as low as 4.75 percent (But you'd have to be crazy to pay that many points!) NONCONFORMING ("JUMBO") RATES (NOW $697,501 and above in San Diego) These numbers assume a 70% loan to value ratio, not 80. Thirty Year Fixed Rate Loans 6.00% "Jumbo" 30 Year fixed rate loan, with ONE point total discount and origination, and NO PREPAYMENT PENALTIES!. Assuming a $700,000 loan, Payment $4197, APR 6.128! This is a thirty year fixed rate loan. The payment and interest rate will stay the same on this loan until it is paid off! Jumbo 30 year fixed rate loans as low as 5.00 percent (But you'd have to be crazy to pay that many points!) 5/1 Hybrid ARM Rates JUMBO 5/1s are about one percent lower than 30 year fixed for the same cost 5.25% "Jumbo" 5/1 ARM, with one point total discount and origination, and NO PREPAYMENT PENALTIES!. Assuming a $700,000 loan, Payment $3865, APR 5.372! This is a fully amortized thirty year loan with the interest rate fixed for five years. 5/1 Jumbo ARMs as low as 4.125 percent (But you'd have to be crazy to pay that many points!) On the hypothetical $700,000 loan, a 5/1 saves over $430 per month in cost of interest over a thirty year fixed! All rates above are intended for San Diego County today, and include a 30 day lock. Loan prices will vary every day. Loan pricing in the rest of California will be similar. Conforming loan pricing will be similar between about $150,000 and the conforming limit in your area. Nonconforming loan pricing will be similar from the conforming limit up to about $1 million dollars in loan amount. 10 year interest only payments available on 30 year fixed rate loans! Great Rates on super-jumbo loans also available! Zero closing costs and zero points loans also available! Portfolio lenders! Need something special most lenders can't do? Portfolio lenders may be the key! I have portfolio lenders! Yes, I still have low to zero down payment purchase programs. Sorry, the last stated income program of which I'm aware stopped taking applications this week. These are actual retail rates at actual costs available to real people with average credit scores! I always guarantee the loan type, rate, and total cost as soon as I have enough information from you to lock the loan (subject to underwriting approval of the loan). I pay any difference, not you. If your loan provider doesn't do this, you need a new loan provider! All of the above loans are on approved credit, not all borrowers will qualify, based upon an 80% loan to value and a median credit score on a full documentation loan. Rates subject to change until rate lock. Interest only, stated income, bad credit and other options also available. If you need a mortgage, chances are I can do it faster and on better terms than you'll actually get from anyone else in the business. Designing transactions for low to zero down payment a specialty Please ask me about first time buyer programs, including the Mortgage Credit Certificate, which gives you a tax credit for mortgage interest, and can be combined with any of the above loans! Ask about the 105% refinance with no PMI Call me. Clarion Mortgage Capital at 619-300-7425, ask for Dan. Or email me: danmelson (at) danmelson (dot) com ]]> tag:www.danmelson.com,2009://4.4775 2009-06-24T14:15:00Z 2009-06-24T14:09:59Z

The new consumer article for today is Why Sellers Should Counter All Reasonable Offers. It really isn't rocket science. If your agent advises you otherwise, something is wrong....

Dan Melson http://www.searchlightcrusade.net/ Why Sellers Should Counter All Reasonable Offers. It really isn't rocket science. If your agent advises you otherwise, something is wrong.]]> tag:www.danmelson.com,2009://4.4770 2009-06-22T14:00:00Z 2009-06-22T13:48:06Z

The new consumer article for today is Real Estate and "Priced for Perfection" talks about the house that is too beautiful to pass up - but that you should....

Dan Melson http://www.searchlightcrusade.net/ Real Estate and "Priced for Perfection" talks about the house that is too beautiful to pass up - but that you should.]]> tag:www.danmelson.com,2009://4.4761 2009-06-16T14:00:00Z 2009-06-16T13:49:54Z

The new consumer article for today is There Is No Fairy Godmother for Loans. To avoid becoming a government statistic, ask prospective loan providers the hard questions before you sign on the bottom line - or better yet, before you...

Dan Melson http://www.searchlightcrusade.net/ There Is No Fairy Godmother for Loans. To avoid becoming a government statistic, ask prospective loan providers the hard questions before you sign on the bottom line - or better yet, before you sign up. "What happens later on?" is a very good question to ask.]]> tag:www.danmelson.com,2009://4.4759 2009-06-16T04:38:04Z 2009-06-16T04:39:48Z

I have a problem with shaving. Specifically, the fact that I have extremely tough facial whiskers, combined with facial skin that's the classic easily cut baby face. Put it all together, and not only do I hate shaving, I quite...

Dan Melson http://www.searchlightcrusade.net/ Mary Kay website if you ask, but this stuff is available from every Mary Kay person. ]]> tag:www.danmelson.com,2009://4.4755 2009-06-15T14:00:00Z 2009-06-15T14:00:14Z

The new consumer article for today is "I'm Working With Someone Else, But Could You Just Help Me With..." talking about requests for free work from real estate agents. I'm perfectly happy to give general information to non-clients and...

Dan Melson http://www.searchlightcrusade.net/ "I'm Working With Someone Else, But Could You Just Help Me With..." talking about requests for free work from real estate agents. I'm perfectly happy to give general information to non-clients and even talk about general options, but when it comes down to specific information applicable to specific situations, that's how I make a living, and when you really examine the issue, what a good agent (c'est moi) makes is both reasonable and incredibly cost effective. Not to mention that if I don't make a living, I'm not going to be an agent any longer, and therefore no longer in a position to give advice.]]> tag:www.danmelson.com,2009://4.4754 2009-06-15T02:30:00Z 2009-06-15T02:33:42Z

Meant to upload this a few days ago, but I had been having internet difficulties so it got delayed. This year, my elder daughter got Presidential Awards for both the English and Mathematics portions of the big test the...

Dan Melson http://www.searchlightcrusade.net/ both the English and Mathematics portions of the big test the state of California does every year. Here's a picture of her with her awards: Her mother and I are very proud of her!]]> tag:www.danmelson.com,2009://4.4731 2009-06-14T17:00:00Z 2009-06-14T17:08:39Z

Newly Written Articles Segmented Real Estate Markets And Taking Advantage of Them The current response to certain kinds of property is very different from that to other types. This discusses how to take advantage of it. The Sperm Donor...

Dan Melson http://www.searchlightcrusade.net/ Newly Written Articles Segmented Real Estate Markets And Taking Advantage of Them The current response to certain kinds of property is very different from that to other types. This discusses how to take advantage of it. The Sperm Donor Theory of Buyer's Agents. The real estate business is built around the listing agent, and most buyer's agents are pretty much afterthoughts and don't do much for their clients. However, the work a buyer's agent does is much more important to your future happiness than the work of a listing agent. Updated Articles Wanting a More Expensive Property Than You Can Really Afford Some Secrets to Good Transactions Avoiding Foreclosure in Bankruptcy How Soon After You Purchase A Home Can You Refinance? When You Should Not Buy Real Estate Economics of Housing in High Density Areas Retroactive Loan Qualification Problems After Recording Seller's Failure to Disclose a Pending Assessment Mortgage Foreclosure and Taking of Other Assets Reserves for Real Estate Loans Issues with Multiple Mortgages Mortgage and Real Estate Red Flags ]]> tag:www.danmelson.com,2009://4.4751 2009-06-11T14:00:00Z 2009-06-11T13:52:22Z

This is the new list of HOMESTEPS properties from Freddie Mac for the areas I specialize in. These properties qualify for special financing. I can get the list for other areas. I've been inside a couple good ones below....

Dan Melson http://www.searchlightcrusade.net/ Contact me La Mesa Address: 4800 WILLIAMSBURG LN 223, LA MESA, CA Rooms: 5 Bed: 3 Bath: 2.0 Price: 185,500.00 Address: 4985 WILLIAMS AVE, LA MESA, CA Rooms: 6 Bed: 3 Bath: 2.0 Price: 202,500.00 Address: 4645 MUNROE ST, LA MESA, CA Rooms: 7 Bed: 4 Bath: 3.0 Price: 519,900.00 El Cajon Address: 1273 ANDOVER RD, EL CAJON, CA Rooms: 5 Bed: 2 Bath: 1.0 Price: 223,130.00 Address: 1000 SOUTH MOLLISON 19, EL CAJON, CA Rooms: 5 Bed: 2 Bath: 2.0 Price: 118,455.00 Address: 531 S ORANGE AVE, EL CAJON, CA Rooms: 6 Bed: 3 Bath: 1.5 Price: 234,900.00 Address: 792 N MOLLISON 1, EL CAJON, CA Rooms: 5 Bed: 2 Bath: 2.0 Price: 108,650.00 Address: 1133 PERSIMMON AVENUE 6, EL CAJON, CA Rooms: 5 Bed: 3 Bath: 2.5 Price: 191,807.00 Address: 8055 KING KELLY COURT, EL CAJON, CA Rooms: 7 Bed: 4 Bath: 2.0 Price: 299,980.00 Lakeside Address: 12923 MAPLEVIEW ST, LAKESIDE, CA Rooms: 4 Bed: 2 Bath: 1.0 Price: 63,500.00 Address: 9609 NECTARINE DRIVE, LAKESIDE, CA Rooms: 5 Bed: 3 Bath: 2.5 Price: 140,450.00 Santee Address: 9139 FANITA RANCHO ROAD, SANTEE, CA Rooms: 5 Bed: 3 Bath: 1.0 Price: 184,900.00 Address: 7390 OLD MISSION COURT 169, SANTEE, CA Rooms: 4 Bed: 2 Bath: 2.0 Price: 204,050.00 Address: 9635 MAST BOULEVARD, SANTEE, CA Rooms: 5 Bed: 3 Bath: 2.0 Price: 237,970.00 Address: 10507 FLORA AZALEA COURT, SANTEE, CA Rooms: 5 Bed: 3 Bath: 2.0 Price: 332,500.00 San Diego City Dan Melson, Agent Clarity Real Estate Network 619-300-7425]]> tag:www.danmelson.com,2009://4.4749 2009-06-10T18:30:00Z 2009-06-10T18:27:36Z

The Best Loans Right NOW Based upon "average credit", not absolutely perfect credit. People who do have better credit get even better rates! I am sorry to have to report that we've had a spike in rates available and costs...

Dan Melson http://www.searchlightcrusade.net/ The Best Loans Right NOW Based upon "average credit", not absolutely perfect credit. People who do have better credit get even better rates! I am sorry to have to report that we've had a spike in rates available and costs to get them this week. We may see a small decline in the next 2-3 weeks but I am certain the lowest rates are in the past. For those people I got 4.5% on thirty year fixed rate loans (and for less than a point in some cases) smile and pat yourself on the back. For those people still thinking about refinancing, we are likely to see significant upwards pressure on rates in a couple months. If current rates will still help you, let's get it started so we can lock your loan before it gets worse! Conforming Rates Thirty Year Fixed Rate Loans 5.5% 30 Year fixed rate loan, with one total point (discount plus origination) to the consumer and NO PREPAYMENT PENALTIES!. Assuming a $400,000 loan, Payment $2271, APR 5.633! This is a thirty year fixed rate loan. The payment and interest rate will stay the same on this loan until it is paid off! 30 year fixed rate loans as low as 4.75 percent (But you'd have to be crazy to pay that many points!) 5/1 Hybrid ARM Rates 5/1 ARMs have now fallen to levels below 30 year fixed by nearly a full percent! 4.625% 5/1 ARM, with one total point (discount plus origination) to the consumer and NO PREPAYMENT PENALTIES!. Assuming a $400,000 loan, Payment $2057, APR 4.751! This is a fully amortized thirty year loan with the interest rate fixed for five years. 5/1 ARM rates as low as 3.875 percent (But you'd have to be crazy to pay that many points!) Jumbo Conforming Rates (aka Super Conforming) (NOW $417,001 to $697,500 in San Diego)) 5.75% 30 Year fixed rate loan, with one point (total discount and origination) to the consumer and NO PREPAYMENT PENALTIES!. Assuming a $500,000 loan, Payment $2918, APR 5.884! This is a thirty year fixed rate loan. The payment and interest rate will stay the same on this loan until it is paid off! 30 year fixed rate loans as low as 5.00 percent (But you'd have to be crazy to pay that many points!) VA Rates 5.75% 30 Year fixed rate loan, with one total point (discount plus origination) from the lender to the consumer and NO PREPAYMENT PENALTIES (Standard Veterans Administration government generated charges to borrowers apply)!. Assuming a $400,000 loan, Payment $2334, APR 5.885! This is a thirty year fixed rate loan. The payment and interest rate will stay the same on this loan until it is paid off! 30 year fixed rate VA loans as low as 5.00 percent (But you'd have to be crazy to pay that many points!) NONCONFORMING ("JUMBO") RATES (NOW $697,501 and above in San Diego) These numbers assume a 70% loan to value ratio, not 80. Thirty Year Fixed Rate Loans 6.25% "Jumbo" 30 Year fixed rate loan, with ONE point total discount and origination, and NO PREPAYMENT PENALTIES!. Assuming a $700,000 loan, Payment $4310, APR 6.380! This is a thirty year fixed rate loan. The payment and interest rate will stay the same on this loan until it is paid off! Jumbo 30 year fixed rate loans as low as 5.375 percent (But you'd have to be crazy to pay that many points!) 5/1 Hybrid ARM Rates JUMBO 5/1s are a full percent lower than 30 year fixed for the same cost 5.25% "Jumbo" 5/1 ARM, with one point total discount and origination, and NO PREPAYMENT PENALTIES!. Assuming a $700,000 loan, Payment $3865, APR 5.372! This is a fully amortized thirty year loan with the interest rate fixed for five years. 5/1 Jumbo ARMs as low as 4.375 percent (But you'd have to be crazy to pay that many points!) On the hypothetical $700,000 loan, a 5/1 saves over $580 per month in cost of interest over a thirty year fixed! All rates above are intended for San Diego County today, and include a 30 day lock. Loan prices will vary every day. Loan pricing in the rest of California will be similar. Conforming loan pricing will be similar between about $150,000 and the conforming limit in your area. Nonconforming loan pricing will be similar from the conforming limit up to about $1 million dollars in loan amount. 10 year interest only payments available on 30 year fixed rate loans! Great Rates on super-jumbo loans also available! Zero closing costs and zero points loans also available! Portfolio lenders! Need something special most lenders can't do? Portfolio lenders may be the key! I have portfolio lenders! Yes, I still have low to zero down payment purchase and some stated income programs available! These are actual retail rates at actual costs available to real people with average credit scores! I always guarantee the loan type, rate, and total cost as soon as I have enough information from you to lock the loan (subject to underwriting approval of the loan). I pay any difference, not you. If your loan provider doesn't do this, you need a new loan provider! All of the above loans are on approved credit, not all borrowers will qualify, based upon an 80% loan to value and a median credit score on a full documentation loan. Rates subject to change until rate lock. Interest only, stated income, bad credit and other options also available. If you need a mortgage, chances are I can do it faster and on better terms than you'll actually get from anyone else in the business. Designing transactions for low to zero down payment a specialty Please ask me about first time buyer programs, including the Mortgage Credit Certificate, which gives you a tax credit for mortgage interest, and can be combined with any of the above loans! Ask about the 105% refinance with no PMI Call me. Clarion Mortgage Capital at 619-300-7425, ask for Dan. Or email me: danmelson (at) danmelson (dot) com ]]> tag:www.danmelson.com,2009://4.4746 2009-06-09T14:00:00Z 2009-06-09T14:08:26Z

The new consumer article for today is The Sperm Donor Theory of Buyer's Agents. The real estate industry is built around the listing of property. Okay, it's actually built around the care and feeding of real estate brokerages, but...

Dan Melson http://www.searchlightcrusade.net/ The Sperm Donor Theory of Buyer's Agents. The real estate industry is built around the listing of property. Okay, it's actually built around the care and feeding of real estate brokerages, but the activities of real estate brokerages center around the listing of property, as that's how they mostly pick up additional clients. Representing buyers is pretty much an afterthought, and something that many listing firms do not do well. Pick at least one buyer's agent before looking at property, and vet them during the looking process. Stop working with them if they don't measure up. That buyer's agent and the job they do (or don't do) is going to make more difference to your future happiness than anything else about the real estate process.]]>