Friday, July 17, 2015

Artificial turf

A bill allowing residents of homeowners associations to install artificial turf without fear of fines was approved unanimously this week by the Senate Judiciary Committee.
The measure by Assemblywoman Lorena Gonzalez, D-San Diego, was overwhelmingly approved in the Assembly in May and subsequently had been endorsed by another Senate panel. Assembly Bill 349 is now headed to the full Senate for a vote.
“We face a very real water shortage that challenges many of our old habits, and there’s nothing fake about our responsibility to find ways to conserve wherever we can,” Gonzalez said in a release. “All Californians have tough benchmarks for reducing their water use, and it’s our job to make sure homeowners have every opportunity to achieve the conservation we need.”
Many HOAs in the state prohibit fake grass on front lawns, and threaten residents with fines if they break the rules. Gonzalez's bill would eliminate that HOA authority.
The bill expands on existing protections from HOAs after AB 2104, also authored by Gonzalez, was signed into law last year. The 2014 bill eliminated loopholes HOAs used to prevent homeowners from utilizing low water-using plants when replacing existing lawns, leaving homeowners interested in lowering their water usage unable to explore additional options for conserving water amid the fourth year of drought.
In a release, Gonzalez noted that the San Diego County Water Authority says landscape irrigation can account for more than one-half of the average household’s water use. Because residential water use as a whole makes up 35 percent of water use in California, and because more than one-quarter of the state’s entire housing stock are located in common-interest developments (which are typically governed by HOAs), Gonzalez said AB 349 is a key piece to achieving the state’s conservation goals.
Source San Diego Union Tribune
michael.smolens@sduniontribune.com

The California Condo King
Jason M. Gokei 
Studios to Luxury Town Homes
the Valleys to the Sea
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Monday, July 13, 2015

Pre Listing Prep

Always have a Professional Home Inspection on any property
You are purchasing,regardless of the Age or Condition.
I recommend using Professional Inspectors Who are Licensed Contractors
and Members of A.S.H.I.and orN.A.H.I.,
As well I advise prospective Sellers to order A Home Inspection in advance
of selling, so You know potential issues in advance...



The California Condo King
Jason M. Gokei 
Studios to Luxury Town Homes
the Valleys to the Sea
#1 in Service #1 in Sales
Proudly Since 1989
Cal BRE#01095384
951.818.9601
Sold@TheCaliforniaCondoKing.com
#thecaliforniacondoking
#californiacondos
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Sunday, July 12, 2015

What are CC&R's

“The Declaration of Covenants, Conditions and Restrictions (often referred to as “CC&Rs”)
(a) Contents of CC&Rs
CC&Rs describe the rights and obligations of the homeowners’ association and of each owner. CC&Rs vary widely in content and length, but at a minimum the CC&Rs must contain a legal description of the development, a statement of the type of common interest development it is, the name of the association and any” “use restrictions, typically including common area use restrictions, pet regulations, and alteration controls. The CC&Rs may contain other matters such as the following: (1) the boundaries of the common area and of each unit or lot; (2) the maintenance responsibilities of the association and the individual owners; (3) the allocation of association operating costs among the owners, and the mechanism for collecting owner payments; (4) the dispute resolution procedure; (5) the enforcement powers; and (6) the rights and protections of mortgage lenders.”
“If a development is located in a “airport influence area” or within the jurisdiction of the San Francisco Bay Conservation and Development Commission, the CC&Rs must contain a notice specified by statute. See Civil Code §§ 4255.”
 This is not intended as legal advice, if you require legal advice, please contact an attorney.

The California Condo King
Jason M. Gokei 
Studios to Luxury Town Homes
the Valleys to the Sea
#1 in Service #1 in Sales
Proudly Since 1989
Cal BRE#01095384
#thecaliforniacondoking
#californiacondos
#condolistings 
#condosales 
#condominiums
#townhomes 
#townhouses 
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#lofts 
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#golfcoursecondos
#highrisehomes 
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Thursday, July 9, 2015

Condo Market Trends

Are you up to date with the current value of your Condo?
Southern California Condominium market has been rapidly changing!
If you would Like a FREE NO Obligation Evaluation of your Condo.
Contact me anytime and I will be Happy to take care of you.

The California Condo King
Jason M. Gokei
Studios to Luxury Town Homes
The Valleys to the Sea
#1 in Service #1 in Sales Proudly Since 1989
Cal BRE#01095384 951.818.9601
Sold@TheCaliforniaCondoKing.com
www.TheCalifirniaCondoKing.com
 #thecaliforniacondoking #californiacondos #condolistings #condosales #condominiums #townhomes #townhouses #studios #lofts #patiohomes #waterfrontliving #countryclubliving #golfcoursecondos #highrisehomes #hoa #mls #realtor

Thursday, March 11, 2010

Cutting Down Trees Splits Neighbors at Scripps Ranch

Cutting Down Trees Splits Neighbors:
A decision to cut down more than 50 eucalyptus trees at a Scripps Ranch condominium complex has Split neighbors.
The trees were to be cut by week’s end at the request of the homeowners association at The Grove condominiums after some fell and damaged homes during recent rains.
Some in the 146-unit complex say the association’s board of directors is exaggerating the threat and rushed to a decision without getting more comment from residents. They have demonstrated and posted signs on trees that say “Please don’t kill me!!!”
Carla Ponce, a spokeswoman for the complex’s property manager, said 57 trees were targeted for immediate removal because they were “too close to homes.” An additional 149 have been marked for monitoring, she said, and probly will be removed in the future. Melaluca and tristania trees will be planted in place of the removed trees, Ponce said.
In December a tree fell into a home in the neighborhood, damaging the garage and living room. Later, more toppled trees damaged the back decks of four homes, Ponce said. On Feb. 2 the board held an emergency meeting and voted 5-0 to remove trees that posed the most danger, acting on the advice of an insurance carrier, lawyer, on-site contractor and tree-removal professionals, Ponce said.
Hamilton said residents were not able to register their concerns until the regular monthly association meeting last week. By then it was too late to stop the cutting.
Elsewhere in Scripps Ranch, the city this month began cutting selected eucalyptus trees for fire safety reasons. The city began cutting early last year but stopped because of community concerns and is now focusing on removing dead and dying trees at a test site on the northeast corner of Pomerado and Willow Creek roads, said San Diego Fire Marshal Frankie Murphy.
Will Lofft, president of Save Our Scripps Ranch Trees, said his group is supporting the opponents of the cutting, but it is limited in what it can do because the trees are on private property.
Hamilton said her group will continue the fight.
Those trees were were planted by the Scripps family over 100 years ago.


The California Condo King
Jason M. Gokei
Studios to Luxury Town Homes
from the Valley to the Sea
#1 In Service #1 in Sales
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Monday, March 8, 2010

Your HOA Board

Condo Owners Be heard!
join your association board and be active, it`s your right and your obligation.
if you don't have the time or desire to be a member, at least attend your board meeting when ever possible.
Owner involvement make for quality communities..

The California Condo King
Jason M. Gokei
Studios to Luxury Town Homes
from the Valley to the Sea
#1 In Service #1 in Sales
Proudly serving So California since 1989
Contact me Now for your FREE NO OBLIGATION property analysis on your California Condo.
(951)818-9601
sold@ThecaliforniaCondoKing.com
www.TheCaliforniaCondoKing.com
www.facebook.com/ThcaliforniaCondoKing
www.twitter.com/CalifCondoKing
http://thecaliforniacondoking.blogspot.com

Thursday, February 18, 2010

Mortgage Rates Down Again

Mortgage Rates Down Again
Rates on 30-year fixed-rate mortgages averaged 4.93 percent with an average of 0.7 point this week, down from 4.97 percent a week ago, Freddie Mac said in releasing the results of its weekly Primary Mortgage Market Survey.

The 15-year fixed-rate mortgage averaged 4.33 percent with an average 0.6 point, down from 4.34 percent last week and 4.68 percent a year ago.

The 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) loan averaged 4.12 percent with an average 0.5 point, down from 4.19 percent last week and 5.04 percent a year ago.

The 1-year Treasury-indexed ARM averaged 4.23 percent with an average 0.6 point, down from 4.33 percent last week and 4.8 percent a year ago.

Rates surveyed by Freddie Mac are for prime borrowers taking out loans with 20 percent downpayments. Borrowers taking out loans too large or risky for purchase or guarantee by Freddie Mac can expect to pay more.

After hitting a low of 4.71 percent in December in records dating back to 1971, rates on 30-year fixed-rate loans and other mortgages are expected to rise if the Federal Reserve wraps up ongoing purchases of $1.25 trillion in mortgage-backed securities (MBS) at the end of March, as planned (see story).

Economists at the Mortgage Bankers Association last month projected that rates on 30-year fixed-rate mortgages will rise from an average of 4.9 percent during the final quarter of 2009 to 6.1 percent in the final quarter of 2010, 6.3 percent in the last quarter of 2011, and 6.6 percent during the last three months of 2012.