Monday, March 11, 2019

Down Payment Dilemma: 

How do you know How Much To Put Down On A Home?

You'd be a homeowner right now if it weren't for one thing: the down payment. Right? Even for those who have decent credit and make good money, the down payment is often the great home-ownership killer.

For many others, who do have enough money set aside to make a substantial down payment, the question is: how much? Conventional wisdom—not to mention most of the banks and a good portion of homebuying and financial experts—will tell you that 20 percent is the standard bearer when it comes to down payments. But is it really necessary to put 20 percent down?
The short answer is: NO!.
Now for the long answer.
"Raising a 20 percent down payment isn't an easy thing to do. Fortunately, you don't have to. "It's a myth that all homebuyers must have a 20 percent down payment to buy a home," says Nancy Herrera-Siples, a Riverside, Calif., branch manager at Primary Residential Mortgage on U.S. News. "So why do you constantly hear that you need to put 20 percent down? Because if you don't, it usually means you'll have to shell out money for either private mortgage insurance or government insurance, which is usually financed by the Federal Housing Administration (FHA)."
And there's another point for those who are already struggling to come up with the minimum down payment: that extra couple of hundred dollars per month feels like a penalty. It's not, of course—"Mortgage insurance protects the lender in case you can't make your payments and the house is foreclosed on," said U.S. News—but that money can make a significant difference for those who are stretching to buy a home.
Still, when your only option to buy is a low down payment, which can mean an FHA loan or one of the new low down payment loans from Freddie Mac and Fannie Mae—"At the end of 2014, the two government-backed companies announced plans to slash down payments from 5% to 3%," said CNN—PMI might literally be a small price to pay. Especially if swelling rents are making homeownership look more and more promising. Remember that PMI does go away eventually when your loan balance is 80 percent or less of the home's value. If you're in an area where homes are rising in value, this could happen sooner than you think.
Still confused about the ins and outs of down payments? Here are a few reasons to go high…or low.

When to make a Substantial Down Payment

  • When you're looking to keep your monthly payment as low as possible and have cash to spare
  • When you just can't fathom paying PMI
  • When your goal is to buy a forever home and own it free and clear
  • When you are approaching retirement age and can envision a reverse mortgage sometime down the line
  • When you want to buy your house and pay it off as quickly as possible
  • When the rate is lower with a higher down payment. "The more you put down, the better position you are in for negotiating a lower interest rate with your lender," said Plus, a "low down payment might affect other loan features, such as…the points, which are upfront interest charges.
  • If you're worried about being under water. If the market should drop in your area, you run the risk of owing more than your home is worth.

When To Go LOW!
  • When you don't have the funds for a higher down payment and can't earn or borrow them quickly enough
  • When the rate on your FHA or Fannie or Freddie loan is comparable to that you'd get with a higher down payment
  • When you need to escape a high-rent situation and the monthly payment on a house is lower than what you're currently paying, even with the PMI factored in
  • When you're confident your home will appreciate quickly, allowing you to refinance and get rid of PMI quickly
  • When your investments can't be touched without a penalty or are returning better than the interest rate you'll get on your home
  • If you have something better to do with the money. "If you bought a $400,000 home, 5% down would be $20,000, while 20% down would be $80,000—a whopping difference. An immediate need such as a college tuition payment would make the smaller down payment more appealing.

Thursday, March 7, 2019

Why You Should Just Say NO To a FSBO
The National Association of Realtors’ (NAR) 2018 Profile of Home Buyers and Sellers was just released, and their data further supports this claim.
Data from the report shows:
The number of homes sold by owner decreased in 2018 to “the lowest share recorded since this report started in 1981.” Just seven percent of home sales were logged as an FSBO. This is likely due to: fewer homes being listed FSBO overall; and homes listed FSBO not selling and ending up, ultimately, with agent representation.
“The median age for FSBO sellers is 55 years.” Could this be a factor of people thinking they have enough life experience and knowledge to play real estate agent?
“Seventy-one percent of FSBO sales were by married couples that have a median household income of $98,800.” Regardless of marital status or income, it’s not a stretch to say that those who opt to try to sell their own home are doing so to try to save some money.
However, “FSBOs typically sell for less than the selling price of other homes; FSBO homes sold at a median of $200,000 last year (up from $190,000 the year prior), and significantly lower than the median of agent-assisted homes at $264,900.” While it’s not possible to make a straight-up comparison between the $200,000 and $264,900 number, that is a GLARING difference.
The report also showed that among the “most difficult tasks for FSBO sellers” were “getting the right price,” at 17%.” This makes sense considering agents have access to comparables, historical data, and a network of other real estate professionals to provide pricing counsel and context, whereas sellers have…Zillow. 😒
PierView Properties Real Estate
302 N. Cleveland St.  Oceanside, CA. 92054

Wednesday, March 6, 2019

Ready For Staging: 4 Repairs You Need 
Before Selling Your Home

"Update the Exterior"

The first thing that you will want to do is make sure that the home's exterior is in good condition. This may involve landscaping work such as removing trees or shrubs that are dead or dying. It may also involve inspecting the roof, siding or other exterior components that may need to be repaired or updated to make the house easier to sell. At the very least, a fresh coat of paint should be applied before putting the house on the open market.

"Check the Air Conditioning"

If you have a central air conditioning unit in your home, make sure that it works properly. This means that it should start easily and produce an even amount of cool air throughout the house.

Ideally, you will have it inspected once a year by someone like Doctor Fix-It. However, inspecting it and making repairs prior to selling your home should be considered mandatory. It may also be a good idea to check the furnace and clean the ducts before you show the home to buyers.

"Make Sure the Floors Are Adequate"

Whether your home has wood floors or carpet, make sure that they are in good condition. If necessary, wax and clean the wood or put down new carpet in areas where it may be frayed or dirty. If you are going to replace your carpet, make sure that it is the same color and style throughout a given space.

"Check the Plumbing and Electrical Systems"

Buyers aren't going to want to put an offer on a home that has poor water pressure. They are also unlikely to want to make an offer on a home that has dangerous electrical wiring. If the fixes to either system are relatively minor, you can do them yourself.

PierView Properties Real Estate
302 N. Cleveland St.  Oceanside, CA. 92054

Friday, March 1, 2019

Greetings Friends!
Hard to believe the 2nd Annual Goat For Joe is here!  We have about 3 weeks to go.
Save the date for Saturday, March 23rd, 2019.  That's right, the event is on a Saturday now!  This year Goat Hill Park golf course now has 50 new golf carts so we can get 100 players!!

This is an event named after Joe Nunez who we lost by suicide.  We strive to create awareness about the growing epidemic of untreated mental health disorders and suicidal behavior.  Help us identify and treat the "Joe's" in our communities that have hidden disorders in need of spiritual and professional guidance.  

Proceeds from the event will directly support the Behavioral Health Division of North County Health Services and other suicide prevention and mental health awareness organizations in North San Diego County.
If you did not know Joe, chances are you have or had a "Joe" in your life.  Help us remove the stigma and open up communication about this topic and spread awareness.
Golfers:  All players receive a custom LINKSOUL GFJ2 T-Shirt, Breakfast and BBQ Lunch!
7:00 AM Check-in, Breakfast, and Range Balls
8:00 AM Shot Gun Tee Off (4 person scramble format)
11:30 AM -1:30 PM: Family BBQ from "That Boy Good" with Raffle & Silent Auction Opportunities
11:00-1:00 PM The Playground open for kids activities and golf
1:15 PM Awards Presentation and Farewell 

This year we will have access to "The Playground" for the kids.  This is a brand new 3-Hole golf course built for kids and beginners!   We plan to have special activities and treats.  Youth under 18 will receive a discount on the BBQ Lunch with drink included.
More Good News, we now have our own website for the event:       
Registration Options for Golf and Lunch here:

You can register now and pay later if needed. Reserve and pay for your golf foursome now before they sell out.  We are confident this event will be full this year.  So, those who register and pay first first reserve their spot at The Goat!

Please go to the Following Link and > Enter your Contact Information.
We look forward to seeing you next month and please spread this email to all your contacts and Social Media!!

Dana & Andrea Albert

Thursday, February 28, 2019

Self-Employed? What to Know About Buying a Home?

Jammie pants and slippers. Dog curled up at your feet. Your favorite TV show playing in the background. Sound like a quality weekend day? Not so fast. For a growing number of Americans, it’s what a regular ‘ole workday looks like.

We’re not necessarily talking about a work-from-home scenario (although this is another growing workforce trend). And it goes beyond having flexibility to work from wherever you want (and wear whatever you want!). It’s self-employment, and it’s on the rise. FreshBooks’ second annual Self-Employment Report found that, “Some 27 million Americans will leave full-time jobs from now through 2020, bringing the total number of self-employed to 42 million,” said the New York Post. “The report defines self-employed professionals as those whose primary income is from independent client-based work.
But self-employment can also make it difficult to buy a home. “Lenders are primarily concerned that all applicants, including self-employed workers, have the ability to consistently repay the mortgage,” said U.S. News & World Report. “They’ll need to see that your income is high enough to pay for the mortgage and likely to continue, and that you have a good track record of repaying your debts.”
These tips can help you get yourself in a better position.
What do you need to show?
Showing two years of steady income is a basic requirement for just about any mortgage, but those who have an employer other than themselves may have more flexibility. Other factors, such as income, savings, down payment, and debt-to-income ratio can make that two-year rule less critical.
Those who are self-employed, however, will want to show as much income history as possible. “Mortgage lenders typically require self-employed individuals to show two years' worth of self-employment income to prove that they have a steady revenue stream,” said The Motley Fool. In addition, “You'll have to provide tax returns from the last two years, and you may also have to provide a list of your existing debts and assets. Business owners may have to provide profit and loss statements from the last couple of years.”
How to treat business expenses
Adding to the challenge is the fact that lenders are going to be looking at your income after deductions. “Self-employed workers also might write off a significant portion of their income as a business expense, minimizing the size of the mortgage they’re able to obtain,” said U.S. News. “Because mortgage underwriters typically look at income after expenses, your taxable income may be too small to qualify for the mortgage you want.”
Managing your debt-to-income ratio
“Most mortgage lenders will not give you a loan if that ratio is greater than 43%—that is, if more than 43% of your income is going toward paying off debt each month,” said The Motley Fool. That debt-to-income level is key in any mortgage approval scenario but takes on added importance when everything is under a self-employment microscope.
“It's important to make sure you keep your debts down to a manageable level. They should never exceed 43% of your income, and it's best if you can keep your obligations under 36%,” they said.
How’s your credit score?
Credit scores are even more important if you’re trying to prove you’re worthy of being approved for a mortgage. “Even if you’ve been wildly successful after striking out on your own, having a lousy credit score will hinder your chances of getting a good rate on a mortgage,” said Bankrate. They recommend checking your credit before you start applying, which will give you an opportunity to pay down debts or spot errors on your report that could be dragging your score down.

PierView Properties Real Estate
302 N. Cleveland St.  Oceanside, CA. 92054

Monday, February 18, 2019

If You're a Current Real Estate Agent And Tired Of Monthly and Yearly Fees.....

PIERVIEW PROPERTIES Real Estate, is actively seeking CA. Licensed Real Estate Agents. Our mission is to continually grow an organization of superior quality agents whose most important objective is to serve the community's housing needs with honesty, integrity and diligence.
David J. Albert Broker/Owner has guided many agents successfully helping hundreds of satisfied clients finding their dream home, along with assisting others in the sale of their current home.
As an Independent Brokerage, you will NOT incur any desk fees, web fees, monthly fees or any of the other fees that Franchises will charge.
You will have the ability to Negotiate "Your Fees" with Your prospects.
We also offer a very Generous Progressive Gross Commission on Sales!
So if you're interested in working in an office with HIGH QUALITY WALK-IN TRAFFIC in the epicenter of Downtown Oceanside's booming Hotel and location - 2 Blocks from the Beach.....
Please Submit Your Resume and Any Questions You May Have to:

Wednesday, February 13, 2019

Oceanside, CA. 92057  -  $667,000
4 Bedroom - 3 Bath - 3,018 Sq.Ft.
Remodeled Arrowood home with panoramic VIEW of the Northern Hills. SOLAR panels are OWNED !!! There is a BED and FULL BATH DOWNSTAIRS! Spacious LOFT upstairs. 
Fireplace in FR.lings, shutters, engineered wood floors, New Carpet upstairs. The fully equipped modern kitchen is a Cook's dream with a Walk-in pantry, Butcher block island, Soft close drawers, Pro-range hood, and Pull out racks. 
Master Bath has an upgraded vanity with a Custom Walk-in Closet. Easy care backyard has No grass, dog run, grapevine and fruit trees.
Call Chase Bell/Realtor  
Oceanside's Top Producer 
at: 760 658-5142  For More Information

302 N. Cleveland St.  Oceanside, CA. 92054

Home Paint Maintenance

Home Painting at Pierview Properties Real Estate -760-547-5773
Paint maintenance is no different than roof, landscape, pool or asphalt maintenance. A good plan requires periodic inspections, timely and proper surface preparation and repair in addition to quality paint applied at recommended intervals by a knowledgeable professional. Here are some areas that should fit in a good paint maintenance plan: 
Surface Preparation. Properly prepared surfaces will resist the wood rot common to the cool, damp climates. If the wood fence, trim or siding gives easily to finger pressure, the wood is rotten beneath the existing paint and should be replaced prior to painting. When replacing rotted trim and siding, inspect for dry-rot in the underlayment, studs or joists by probing with a screw driver. If the wood is soft, additional repairs will be necessary to stop the dry rot from spreading. DO NOT cover it up with new siding or paint. Dry rot is a wood cancer that grows best in dark, wet environments. Only use knowledgeable contractors that are experienced in dry rot repair and abatement.
Chalking. If wiping your hand across a painted surface picks up white residue, the paint is chalking and it's time to repaint. If the chalky surface isn't removed with a power washer, a special primer can be added to the paint.
Sprinkler Over-spray. Keep sprinkler heads on the landscaping and off the buildings and fencing. Over spray causes a lot of paint damage like mildew, cracking, paint peeling and rust. Sprinkler heads get misdirected for a variety of reasons. Make sure your landscaper is made aware as soon as possible to correct the situation.
Wrought-iron Fencing. Repainted every two to three years or whenever rust starts to appear. Wrought iron used as fencing around landscaping is exposed to constant watering. If it is not maintained regularly you will end up replacing entire sections of fencing. Wrought iron rails will probably last longer than fencing because it will be exposed to less water in those areas. However, you will want to paint these areas every three to five years.
Wood Fencing. The average repainting period for wood fencing is between five and seven years. As with any type of fencing, constant exposure to watering causes these areas to deteriorate more rapidly than your eaves and trim.
Wood Trim & Siding. Semi-transparent stains on wood siding will need to be re-coated every two to three years. Solid color stains will last five years, and good 100% acrylic paint in these areas will last five to seven years.
Stucco. If your stucco is not painted you will want to power wash it annually to eliminate the staining that occurs from roof runoff, mildew and pollutants. Power washing may not work for severely stained stucco and may require painting with a good 100 percent acrylic paint.
Plan Ahead. The painting season is rapidly approaching. If you are planning to paint this year, get your paint bids now and book the job. When good weather hits, good painters are hard to find, less price competitive and may not be able to fit you into the schedule.

302 N. Cleveland St.   Oceanside, CA. 92054

Tuesday, February 12, 2019


Tuesday, February 5, 2019

6 Home Renovations that Return the Most at Resale

Whether you plan to stay in your house a long time or just a few years, it’s smart to know which home renovations add the most value to your place.
“Remodeling,” a magazine for the construction industry, in its 2018 Costs vs. Value Report, compares the average cost of 21 remodeling projects in 149 markets with the value those projects retain at resale in 100 U.S. markets.
Here are the six interior remodeling projects that deliver the highest return.

1. Garage door replacement

  • Average cost: $3,470
  • Average resale value: $3,411
  • Cost recouped: 98.3%
A good-looking garage door tops the list when it comes to returning cash to your pocket, the Cost vs. Value report shows. This project involves removing an existing 16-by-7-foot garage door and replacing it with a new four-section garage door with heavy-duty galvanized steel tracks. This curb-appeal enhancer will get you back almost every dollar you spent on it when you sell your house.

2. Manufactured stone veneer

  • Average cost: $8,221
  • Average resale value: $7,986
  • Cost recouped: 97.1%
Replacing vinyl siding on your house for stone veneer is a big aesthetic improvement. The vinyl siding is replaced with adhered manufactured stone veneer. This is another major curb-enhancing upgrade that will get you back over 97 percent of your costs.

3. Entry door replacement (steel)

  • Average cost: $1,471
  • Average resale value: $1,344
  • Cost recouped: 91.3%
You will recoup over 91 percent of your cost by replacing your 36-by-80-inch entry door with a 20-gauge steel door, complete with clear dual-pane half-glass panel, jambs and an aluminum threshold with composite stop. These doors come factory-finished with the same color on the front and back sides.

4. Deck addition (wood)

  • Average cost: $10,950
  • Average resale value: $9,065
  • Cost recouped: 82.8%
One advantage of owning a house is having yard space. Nothing enhances a yard like a wood deck. This project involves adding a 16-by-20-foot deck, including a railing system with pressure-treated wood posts, railings and balusters. This feature will hold more than 82 percent of its value come resell time.

5. Minor kitchen remodel

  • Average cost: $21,198
  • Average resale value: $17,193
  • Cost recouped: 81.1%
Before you embark on a major kitchen overhaul, consider a minor one, which will recoup about 81 percent of its cost. This upgrade is based on a 200-square-foot kitchen with 30 linear feet of cabinetry. Cabinet boxes are left in place but updated with modernized Shaker-style wood panels and drawer fronts. Replace laminate counter-tops with new laminate. Next, swap out older appliances with energy-efficient models. Update with a mid-priced sink and faucet; repaint the trim; add wall covering; and replace vinyl flooring with new vinyl.

6. Siding replacement

  • Average cost: $15,072
  • Average resale value: $11,554
  • Cost recouped: 76.7%
If you need a good reason to update old siding, consider that replacing 1,250 square feet of it will cost you about $15,072 and you’ll get back $11,554 upon resale. This upgrade includes the factory trim at the openings and corners.
302 N. Cleveland St.  Oceanside, CA. 92054

Sunday, February 3, 2019

Things to do in Oceanside Every Week

Why do we spend all week long looking forward to going out Friday and Saturday night? Especially when there’s something to do every night of the week in Oceanside. Your work week grind doesn’t have to feel endless! Take a night off, or two, to decompress and add some entertainment to your mid-week hustle! Check out our list of weekly activities taking place year-round in Oceanside below, and be sure to check the Visit Oceanside Event Calendar often for event details on any specific day of the week!


It’s time to put all that random knowledge that’s just taking up space in your head to good use! The Trivia Nights held throughout the week range in a variety of styles, categories, and prizes. Assemble your team of know-it-all friends, or show up solo, there’s always room for everyone!

Pour House

Where: 1903 S Coast Hwy, Oceanside, CA 92054
When: Mondays
Hours: 7:00 PM – 9:00 PM
Cost: Free

Barrel Republic

Where: 215 N Coast Hwy, Oceanside, CA 92054
When: Tuesdays
Hours: 7:00 PM to 9:00 PM
Cost: Free

Mission Ave Bar & Grill

Where: 711 Mission Avenue, Oceanside, CA 92054
When: Tuesdays
Hours: 7:00 PM – 10:00 PM
Cost: Free

Belching Beaver Brewery

Where: 1334 Rocky Point Dr, Oceanside, CA 92056
When: Wednesdays
Hours: 6:00 PM to 8:00 PM
Cost: Free

Tap That Tap Room

Where: 3207 Roymar Rd suite E, Oceanside, CA 92054
When: Wednesdays
Hours: 7:00 PM – 9:00 PM
Cost: Free

Black Plague Brewing

Where: 2550 Jason Ct, Oceanside, CA 92056
When: Thursdays
Hours: 7:00 PM – 9:00 PM
Cost: Free

Check out our event calendar for more events going on throughout the city: Oceanside Events


Paint Night events can be found throughout the month at venues like Barrel Republic, Breakwater Brewing Co., Legacy Brewing, Hello Betty Fish House, and more. Take a look at the Visit Oceanside Event Calendar to see what’s coming next!


The place where you can laugh away all the stresses of the day!

Privateer Marketplace & Wine Bar

Where: 1704 S Coast Hwy, Oceanside, CA 92054
When: Tuesday
Hours: 7:30 PM to 8:30 PM
Cost: $14 minimum food or 2 drink minimum purchase


What’s your favorite song to sing? From Billboard Top 100 hits to the power ballad classics, you’re sure to be a crowd-pleaser! Because anyone can sing, regardless of what your friends and family say.

Legacy Brewing Company

Where: 363 Airport Rd, Oceanside, CA 92058
When: Tuesdays
Hours: 7:00 PM – 10:00 PM
Cost: Free

Pour House

Where: 1903 S Coast Hwy, Oceanside, CA 92054
When: Wednesdays
Hours: 8:00 PM – 12:00 AM
Cost: Free

Saint Tropez Bistro and Beyond

Where: 524 South Coast Highway, Oceanside, CA 92058
When: Thursdays
Hours: 5:30 PM – 9:00 PM
Cost: Free

Tap That Taproom

Where: 3207 Roymar Rd suite E Oceanside
When: Thursdays
Hours: 6:00 PM – 10:00 PM
Cost: Free


We recommend calling ahead or checking the Oceanside Event Calendar to confirm music times and participating bands as they vary day to day.

Privateer Marketplace & Wine Bar

Where: 1704 S Coast Hwy, Oceanside, CA 92054
When: Wednesdays
Hours: 6:30 PM – 8:30 PM
Cost: Free

Sunset Market

Where: Pier View Way, downtown Oceanside, CA 92054
When: Thursdays
Hours: 5:00 PM – 9:00 PM
Cost: Free

Mission Ave Bar & Grill

Where: 711 Mission Avenue, Oceanside, CA 92054
When: Thursdays
Hours: 8:00 PM – 10:00 PM
Cost: Free

Pour House

Where: 1903 S Coast Hwy, Oceanside, CA 92054
When: Thursdays, Friday’s, Saturday’s, and Sundays
Hours: Varies (see Pour House Event Calendar for times)
Cost: Free

Emerald Isle Golf

Where: 660 S El Camino Real, Oceanside, CA 92057
When: Fridays
Hours: 3:30 PM – 6:30 PM
Cost: Free

Saint Tropez Bistro and Beyond

Where: 524 South Coast Highway, Oceanside, CA 92058
When: Fridays and Saturdays
Hours: 5:30 PM – 9:00 PM
Cost: Free

Midnight Jack Brewing Co.

Where: Suite 101 3801 Oceanic Dr, Oceanside, CA 92056
When: Fridays & Saturdays
Hours: 6:00 PM – 11:00 PM, 7:00 PM – 11:00 PM
Cost: Free

Legacy Brewing Company

Where: 363 Airport Rd, Oceanside, CA 92058
When: Sundays
Hours: 2:00 PM – 6:00 PM
Cost: Free

302 N. Cleveland St.  Oceanside, CA. 92054

Friday, February 1, 2019