San Luis Obispo Condo for Sale!

San Luis Obispo Condo for Sale!
Calling All Cal Poly Parents... This Condo on Exposition Drive is the perfect investment property for your Cal Poly incoming student or for you first time home buyers.

This clean end unit in the Convenient Woodbridge Condo Complex. It's a 2 bedroom 1-1/2 bath with just over 1,000sq.ft. It has a tiled living room fireplace with newer clean carpet throughout. This unit has additional windows as an end unit and is very private, with only one neighboring unit. Backyard Deck has a small exterior storage unit. The refrigerator, washer and dryer and water softener is included in the sale of the property. The unit has a single Car Garage and one designated parking space. This condo would make a great investment property or first home.

Click on condo to see the official website or give me a call or email Traci today to see this beautiful home.

"A Realtor that knows homes." Traci Ferguson 805-235-6396 traci@traciferguson.com http://www.traciferguson.com License #01875751, ecoBroker #16082

First Time Home Buyers Tips_San Luis Obispo

As a first time home buyer don't let information overload get the best of you! Today I want to share some tips to keep you focused and motivated to find your first home in San Luis Obispo with ease.

 

Defining your search Parameters as a First Time Home Buyer

Begin on the Internet. Learn about the neighborhoods you like and can see yourself living in. With just a few clicks of the mouse, you can search through hundreds of neighborhoods and homes, view virtual tours, sort through dozens of photographs and aerial shots. Once you've found the location in San Luis Obispo County, call me to get a list of homes in the area you like. I can send you a detailed list of Condos/ Homes/ Townhomes/ Land, to begin your search for your first home. Click here to get a customized Free Home Search, just for you.

 

How Long Should It Take to Buy Your First Home? 

A motivated first time home buyer will find a home within two weeks. I'll listen to your wants, needs and arrange to show only those homes that fit your particular parameters. I'll also preview the homes before showing them to you. My job is to not waste your time looking at every home out there, just the homes that fit your needs. 

 

Rate the homes you've seen:

• Bring a digital camera and begin each series of photos with a close-up of the house number to identify each home and take photos of the interior an exterior of the parts you want to remember.
• Take detailed notes of unusual features, colors and design elements. (Ask me for your own "Home Search Sheet" to keep track and stay organized.)
• Pay attention to the neighborhood surroundings. What's next door? Do 2-story homes tower over your single story?
• Do you like the location? Is it near a park or a power plant?
• Immediately after leaving, rate each home on a scale of 1 to 10, with 10 being the best.

 

Take a Second look at your top choices:

Once you have toured homes for a couple of weeks, revisit your top three. You will instinctively know which homes are perfect for you. Request to go back to the home and see it with a new set of eyes, you will always see new items you didn't see the first go-around. Be discriminating and rate the home again from 1-10 with 10 being the best. Ask yourself, "Is this the home for me? Does it meet all my needs?

 

Making a home selection:

In the end you make the home selection on your own. As your Realtor I will guide you through the pros and cons of the homes you've seen and liked, but I will not steer you into picking a certain home. I want you to pick with out any interference from me. My job is to make sure you feel confident about the home choice you have made and the home meets your needs.

So this is what you can expect from your home buying experience with me. It doesn't need to be overwhelming or difficult. The plan above will help you through the easiest home buying experience possible. I'm here to help you through it!  Click here to get a customized Free Home Search, just for you. Or sign up on my website to get my new Book; Real Estate Made Simple, Primarily for the First Time Home Buyer, By Traci Ferguson. It will be out at the end of Feb 2011.

Give me a call today or email me. I'd love to find your first home!
805-235-6396

San Luis Obsipo Condos for First Time Home Owners

Condos in San Luis Obispo are always for sale, but according to local Real Estate Sales the condo market is at it's hottest between the months of January till the end of May. In fact, roughly 90% of all condos go into escrow during this time frame.

So if your thinking of buying a condo in the near future know that your largest inventory and best time to buy is just around the corner. Interest rates are still low and first time home buyer programs make Condos a great investment for the future with very little down. FHA programs only need 3% down making it very affordable either as a personal residence or as an investment property.

I bought a three bedroom Condo while I was going to Cal Poly SLO in 1998, I rented the other 2 rooms out and my mortgage was almost paid for from the rent of my two housemates. Today the home is an income property and still has Cal Poly renters, it pays for itself and then some.

If you're a first time home buyer and have questions about how much down payment you would need for a Condo or Home, I'm here to be your resource. Condos are not complicated or tricky. They give you the flexibility of being a home owner with less maintenance to worry about like yard work, maintaining the exterior paint and roof; typically paid with your home owners fees.

Let's talk about if it is the right fit for you; traci@tracifergsuon.com
Give me a call or email me today to learn more!

Click here for San Luis Obispo Condos currently on the market
If you're looking for a condo in San Luis Obispo County email or call me today!
805-235-6396

San Luis Obispo-New Condo Homes for Sale - Deal of the week

Central Coast of San Luis Obispo offers up some brand new condos. New 2 & 3 bedroom townhomes with up to 1,568 square feet, complemented by a fully-furnished Clubhouse/Fitness Center, walking trails, meditation gardens, and seasonal streams just minutes from downtown San Luis, next to local transportation, parks, tot-lot, fitness center, clubhouse & neighborhood amenities.

Laurel Creek combines the charm of San Luis Obispo with the convenience of living just a few minutes to downtown. And it's perfect for those now renting, who can take advantage of all the benefits of home ownership at a cost comparable to what you may now be paying for apartment rent.

This stunning community of townhomes offers a distinctive selection of floor plans and eclectic architectural styles. Each Laurel Creek home has been thoughtfully designed to take advantage of the garden views and mountain ranges that make San Luis Obispo such a special place to live.

They are located at Laurel Creek off of Orcutt. They have new and improved floor plans (four styles to choose from). All starting at $296,900; a steal for San Luis Obispo homes. They are FHA & VA approved, so you can put down as little as 3%. 0% down for a VA loan. Give me a call to see if you qualify 805-235-6396.

This San Luis Obispo Deal of the Week, is very affordable for parents looking to find housing for their college students. It's also a great Investment opportunity for the long term, while San Luis Obispo home prices are low and loan prices are lower than they've been for 40 years.

I'm the expert on these SLO Condos and I'm here to answer any questions you have. Email me or call me today with your questions.

To view the Details of the property Click here.
To view my other listings Click here.

Scroll down to the bottom of the page for listings on the Central Coast.

Are you on the Home Buying Grid?

Did you know you could afford your own home?
I know what you are thinking, NO WAY! I don't make enough money!

As a Real Estate resource to my clients and friends,  I have put together a scenario that will illustrate how I believe you too can live the American dream and be a home owner.

To buy a $200,000 home you would need to make $55K annually for a 32% housing ratio. The housing ratio is the percentage you spend on your housing costs. $55K annual income can be between a couple making $13.25 an hour each, or $26.50 an hour for a single person.
I just did a search for Homes/Condos/PUD properties under $200,000 in SLO County and came up with 88 of them. Get yourself and your family started on one of the best investments around, a home purchase. Ask me about the great programs that can help you get into your own home with as little as 3% down in some cases.

This moment in our economy is a turning point in housing for all of us. In front of us is an opportunity to live the American Dream and be a part of the best investment that you can possibly make, long term. The decline in Interest Rates and Housing prices have opened the door to a new group of working class people that CAN afford to buy their first home.

Call me to see how I can be your guide: Traci 805-235-6396