The San Diego Condo Loft

Cortez Hill’s Aria building (1441 Ninth Avenue) now offers FHA and VA financing. This is a great opportunity for buyers, as Aria is currently the only Cortez Hill development built post-2000 that can extend these types of financing without the buyer applying for individual unit approval (i.e., “spot approvals”). FHA loans require a 3.5% down payment, while VA loans can fund to 100%. Aria still has a lot of very competitively priced 1-, 2-, and 3-bedroom view units available with all the amenities one would expect from a building of its caliber.

San Diego lofts are a popular lifestyle choice right now.  Whether built brand new, or converted from formerly commercial and industrial space, the convenient locations, ample space, soaring ceilings and light pouring in through large windows make an attractive choice, and are a magnet for urban designers.

Village Walk features lofts and condos that are influenced by the style of Italy.  Conveniently located near the waterfront, elegant shops and area attractions, residents at Village walk enjoy a peaceful interior courtyard, a fitness center, and many outdoor piazzas to enjoy as common areas.  Village Walk is close to Little Italy, and these San Diego lofts have a great community atmosphere.

Call us to tour Village Walk and remember, with CondoDomain, we give you money back at closing.

The first time home buyer tax credit of $8000 is generating a lot of interest among potential San Diego Condo buyers - and a lot of questions.

What’s interesting for all home buyers is the various initiatives in states right now - California just passed a $10000 tax credit for newly constructed homes available to ALL home buyers this year, in addition to the federal $8000 credit for first time home buyers. Delaware is considering mortgage and down payment assistance. Missouri is considering a $1000 credit for all home buyers, which is attached to a jobs bill. And on a more localized level, Philadelphia is offering up to $5000 for 300 new home buyers IF their employer matches the contribution. So far about 180 people have qualified under the Home-Buy-Now program. Philadelphia also has many properties that qualify for a 10 year tax abatement.

Keep watching your state and your city legislators - more help may be on the way.

Some questions that buyers have posed recently:

1. What happened to the federal $7500 credit? Can I claim that AND the $8000 credit too?

No. The $7500 credit can be claimed this year for purchases in 2008 - and it has to be paid back. The $8000 credit is for homes purchased in 2009 - and does not have to be paid back.

2. Who is a first time home buyer?

For the purposes of the $8000 first time home buyer stimulus credit, a first time home buyer is someone who has not owned a home within the past three years.

3. What happened to the $15,000 credit that was being talked about?

In the final stimulus bill, Congress reduced it to $8000, and allowed for credits on vehicle purchases. Many people in the building and real estate professions are lobbying for a full $15,000 credit for all home buyers - across all markets that would be a REAL jump start, especially in those areas where prices have fallen more than 50%. But hey, right now, it is what it is - grab it and go for it. And in California, you have a lot more to grab right now.

4. When do I see the money?

When you file your 2010 tax return.

5. What else can I do to get a great deal?

Glad you asked that question. In addition to the tax credits, here at Condodomain, we encourage you to contact our local realtors to find the best deal that is right for you - and when you get to closing, we give you money back. Yes, we offer a rebate on the commission costs that the seller pays. We charge you a flat fee for buyer representation, and the rest of the commission goes in YOUR pocket at closing - not ours.

In California, if you buy a San Diego condo for $500,000 we negotiate the best deal possible for you. We help you find the best possible mortgage for you. Then, at closing, we cut you a check (based on a price of $500,000) for up to $10,000. Next year, when you file your taxes, claim your tax credit based on your purchase price for additional savings. Consider your closing costs, your homeowners insurance, and possibly a month or two of your mortgage payment in the bag.

Call us today to take advantage of all the great deals on San Diego condos for ALL home buyers.  And remember, we’re the people who provide you world class service and give you money back at closing.

Happy Valentines Day, San Diego! While you are out enjoying this beautiful city on this romantic weekend, We want you to enjoy some sweet San Diego condo hearts from us. And don’t forget our year round valentine - the money we give you back at closing. Sweet, huh?

We heart San Diego condo lofts. So we’re talking about some of the best: Fahrenheit, Aloft on Cortez Hill, Aperture, Gaslamp City Square, and Sapphire Tower. Lets start with the newest: Sapphire Tower is recently completed, and residents are now choosing amenities and decor for their homes. We love this sleek and beautiful addition to the skyline, and the views from this San Diego condo are simply magnificent. Only a few residences per floor, and these luxurious homes feature high ceilings, walls of windows, and all the features you would expect from a luxury building. 19 of the most luxurious homes have private elevators. These are not classic lofts, but retain features found in loft architecture - high soaring ceilings, expansive windows, open floor plans. But of course, these are exquisitely finished - and available. And, they are selling, even in this market.

More traditional newly constructed San Diego Condo Lofts are found in the Gaslamp, Downtown, and Ballpark areas. Aperture is the newest building in Little Italy - we love the chic urban design, and it is no wonder that Aperture is the best selling downtown community of 2008. Only a 3.5% down payment is required. Fahrenheit in the Ballpark district is a contemporary urban San Diego Condo Loft, with exposed ducts, concrete construction, and huge windows that let in natural light. Gaslamp Square is a mid rise new community, stylish, secure and in the heart of the Gaslamp neighborhood. And finally, head up Cortez Hill for the ultimate loft sanctuary - Aloft on Cortez Hill. You are so close to Petco Park, Symphony Hall, Balboa Park and Seaport Village - and yet you are in your own private sanctuary.

We think this is a special - and sweet - group of valentines for San Diego condo buyers. And our sweetest offer is this:

Remember when you buy with CondoDomain in San Diego you save thousands via our commission refund business model.  On average our clients get back more than $10,000 cash back at closing!  (Learn More)

The conversion of the office building at 350 West Ash to San Diego condos was completed in 2005, but the opportunities for buyers continue. These 76 luxury San Diego condos range from studio to two bedrooms, with a total of 130 parking spaces on five levels. Best of all, 350 West Ash is located in Little Italy, a vibrant, bustling neighborhood with great cultural festivities and fine dining.

Priced from $200K-$500K, these luxurious San Diego condos have a Mediterranean design. Glass doors and windows allow plenty of natural light to enhance your living space. There are magnificent views. The High ceilings, and stainless steel appliances are some of the modern touches. Many of these San Diego condo residences feature generous balconies, and all residences have stunning views of the city.

Apartments at 350 West Ash are selling;  yes, even in this market. Savvy buyers know a good value when they find it. Contact me to learn more about this luxury San Diego condo opportunity.

Come home to an urban retreat in San Diego.  Live the urban loft lifestyle in a planned community near Downtown San Diego, San Diego Bay, Balboa Park, and Tweet Street Park.

Aloft is a hip new development on Cortez Hill, amidst a lively San Diego neighborhood, but an oasis of its own.  There is a casual elegance about this San Diego condo, with a resort inspired pool, cascading waterfalls in an oversized spa, and an outdoor terrace with sunning patio.  Each residence features open floor plans, floor to ceiling windows, granite countertops, and stainless steel appliances.  These homes, just steps away from San Diego’s cultural attractions and great restaurants, are priced between $300K and $600K.

You can have the best of both worlds here at Aloft.  Be a part of San Diego’s city life, close to the Gaslamp district, Little Italy, East Village - and come home to this hilltop sanctuary in the city.  This is truly a great San Diego condo loft home.

Remember when you buy with CondoDomain in San Diego you save thousands via our commission refund business model.  On average our clients get back more than $10,000 cash back at closing!  (Learn More

The Ballpark district, situated within San Diego’s East Village, is one of the newest up and coming areas in San Diego.  Catching a Padres game isn’t the only thing to do here - Restaurants and fabulous shopping are springing up throughout the area, and the DiamondView Tower features office space as well as alluring retail stores.  You can live, work, play, and catch a great ball game all in this one San Diego neighborhood!

This district features many distinctive San Diego condominiums, and opportunities for ownership abound.  A new main library is planned for the area, part of a 30 million dollar public improvement project.  Other public improvements include a landscaped pedestrian promenade with street lighting and parking, linking San Diego Bay to Balboa Park.

Lofts are popular in San Diego, and Ballpark District is full of buildings that have them.  One of these, the Fahrenheit, looks like a work of modern art.  7 stories tall, with 77 residences, this building features low emission glass extending from floor to ceiling, light colored woods, 11 to 14 foot ceilings, and granite slabs in kitchen and bath.  It is close to the Gaslamp Quarter. At the corner of Island Street and Tenth avenue,  it is a spacious and well designed home for the San Diego Condo buyer who wants a spectacular lifestyle in a revitalized neighborhood.

Residences in the Fahrenheit are priced at $425,000 on up.

Tour the Fahrenheit now.

Remember when you buy with CondoDomain in San Diego you save thousands via our commission refund business model.  On average our clients get back more than $10,000 cash back at closing!  (Learn More)

According to MDA DataQuick and pointed out by Emily Friedlander at the WSJ Developments Blog, home sales are up 66.7% in Southern California:

Drop prices low enough and the buyers will come. Home sales in Southern California rose again last month, according to a report released today by San Diego-based MDA DataQuick. The real estate information service reported that in October 21,532 houses and condos closed escrow in six counties in California Los Angeles, Orange, Riverside, San Bernadino, San Diego and Ventura. This was up 5% from September and 66.7% from last year. More than half of all sales were on homes that were foreclosed on at some point in the previous 12 months. Typically real estate sales slow down from September to October. At $300,000 the median home price in the six-county region was at its lowest since April 2003. Readers, do you think rising unemployment and declining consumer confidence will impact SoCal home sales next month, or will we continue to see buyers jumping into the market?

So if you’re in the market, check out the condo developments in San Diego through CondoDomain.com and save yourself THOUSANDS!

Look out San Diego…CondoDomain - San Diego is coming your way!  Today was our grand launch into the San Diego condo marketplace and we are just getting started.  If you visit our San Diego Condo website you will see that we have updated all the hottest new condo development and luxury buildings.  This is just the beginning of building the ultimate San Diego Condo website!

Check out some of the hot new developments for sale:

Alta | Aperture | Solara Lofts |Search All New Condos

What else do we got on CondoDomain - San Diego?

Video - We love video! | San Diego Condo Blog

What are we all about?  What makes us different?  Check out below!

How our commmission refund works | CondoDomain vs. Traditional Broker | The Condo Team

What Else?  Well, we are about a week or so away from implementing our MLS data feed.  Once we have that you will have access to every San Diego condo for sale!  From MLS listings, new develompents, lofts, luxury buildings, foreclosures, auctions and even FSBO.  CondoDomain - your source for San Diego Condos !!!

All ready to go?  Interested in buying a San Diego Condo?

My name is Clive and I am here to help you 7 days a week!  Feel free to call me anytime!

PRESS RELEASE:

CondoDomain.com is pleased to announce the launch of their web-based buyers’ brokerage business model in the San Diego, CA and Washington D.C. marketplaces.

The Boston based company is now operating in six cities as they expand into their pre-existing 33 markets as a buyers’ brokerage helping buyers search, tour, buy and save thousands via the company’s commission refund policy.

“We are in a wild market at a wild time right now,” noted Tony Longo, the firm’s founder & CEO. “We are witnessing traditional real estate companies cut back, reduce staff, and in some instances close their doors. Our ability not only to stay alive, but to continue growing is directly connected with our technology-centric business model and our savvy, value-oriented clients whom choose to work with the firm.”

As the appointed City Vice President and natives of their prospective cities, real estate brokers Cleve Shirley of San Diego, CA and Khalil El-Ghoul of Washington, D.C. will now run all of the real estate operations and work with local buyers looking to purchase in San Diego and Washington D.C.

At a time of increased economic concern, CondoDomain.com offers consumers a choice and a way to save money when they need it most. On average, CondoDomain.com clients have received more than $13,000 in commission refunds at closing.

Shirley and El-Ghoul will run the San Diego and DC operations with commitment and passion for their markets and will now strive to become a valuable resource for buyers in this new Internet home buying era.

Search The New Sites: San Diego Condos | DC Condos

###

About CondoDomain.com
CondoDomain.com is a web-based real estate brokerage based in Boston, MA. The company is expanding nationwide to offer its buyers’ brokerage business model in more than 30 cities around the U.S. Currently operating in Atlanta, Boston, Charlotte, Dallas, San Diego and Washington D.C. CondoDomain offers an innovative flat-fee business model allowing the majority of the commission to be refunded back to the buyer. By combining up-to-date MLS feeds, new construction buildings, FSBO, Foreclosures, Lofts and Auction listings all on one site, CondoDomain has become one of the most popular and user friendly real estate websites available. CondoDomain.com offers a 100% satisfaction guarantee to all of its clients, ensuring a professional, efficient, and pleasant transaction. Visit www.CondoDomain.com for more information or feel free to dive into our blogs at www.CondoDomain.com/Blog.

Press Contact:
Erica Farthing
Director of Social Media
617.849.4993
erica@condodomain.com

So, what is the largest real estate commission rebate that has been given back to a buyer and or seller of a real estate transaction? Does anyone out there know? I put the word out last week via Facebook and on my Twitter but haven’t got any good feedback.

The reason why I bring it up is because our powerhouse Boston agent, Thomas Cincotti is closing no a $2M condo this week.

The Commission - $50,000!!!

The Rebate - $43,000!!! (remember this is NON-TAXABLE TOO!!!)

This will be by far our largest rebate back to one of our buyers to date! We are excited to enter the next level in serving the luxury condominium dweller! (Believe me, we would even more excited if we got to keep the commission … but, its not our business model to do that.)

Tommy - great job, keep up the good work.

Buyers - Now serving clients from $200,000 to $2,000,000

Start your search today - San Diego Condos For Sale
Technorati Profile