Blog

May 4, 2020

Perspective: We are not in the same boat

Below is an interesting perspective we came across, discussing how we are all experiencing the pandemic differently. WE ARE NOT IN THE SAME BOAT … I heard that we are all in the same boat, but it’s not like that. We are in the same storm, but not in the same boat. Your ship could be shipwrecked and mine might not be. Or vice versa. For some that live alone […]
April 10, 2020
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Mortgage Forbearance and Foreclosure Protections

During this designated disaster period which began on March 13, a borrower with a federally backed loan can request forbearance through the loan servicer.    A federally-backed loan means that it’s either guaranteed or insured by the Federal Housing Administration, Department of Veterans, Department of Agriculture or purchased or securitized by Fannie Mae or Freddie Mac. Once the request is submitted, forbearance is granted for a period of up to 180 […]
April 3, 2020
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For Sale in Rancho Bernardo

Resort-like living in the peaceful neighborhood of Bernardo Heights Country Club. This super spacious downstairs condo is flooded with natural light, large living room leading to a private patio, new laminate wood flooring, extra closets and storage. 1 car garage with storage cabinets, and plenty of extra parking spaces for guests. The serene Bernardo Greens community has low monthly HOA fee includes clubhouse access, 3 pools, gym, tennis courts, & Jacuzzi. Walking distance to […]
March 6, 2020
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For Sale in Bankers Hill

Awesome opportunity to live one block away from Balboa Park.  Laurel Bay is located in the heart of Bankers Hill. This top floor studio is one of the least expensive properties on the market and offers Bay and City views, a private patio, bay window with shutters, Murphy bed, cozy fireplace, walk-in closet A/C, in-unit W/D. Enjoy the amenities this complex offers: pool, spa, gym, billiards, game room, piano bar & […]
March 5, 2020
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Ocean Beach family discovers scammers put house up for rent

This is a disconcerting story that just happened in our area. An Ocean Beach family found that their home was listed for rent on Zillow and Trulia without their knowledge. Learn what happened, and learn how to protect yourself from internet and rental scams. Read the full article and watch the news clip here. Get tips to avoid internet scams and fraud.
February 27, 2020
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Mortgage Rate Trends from the 1970s to 2020

Read the full Value Penguin article here: Since 1971, historical mortgage rates for 30-year fixed loans have hit historic highs and lows due to various factors. Using data from Freddie Mac’s Primary Mortgage Market Survey (PMMS), we’ll do a deep dive into what’s driven historical mortgage rate movements over time, and how they affect buying or refinancing a home. In 1971, the same year when Freddie Mac started surveying lenders, […]
February 14, 2020
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Downtown San Diego Condo for Sale

This Little Italy beauty located in highly desirable Aqua Vista complex is walking distance to all that Downtown offers.  This 2 bedroom boasts upgrades throughout including new flooring, new paint, new pendant lighting, quartz countertops, newer stainless appliances, walk-in closet with organizers, washer/dryer and floor to ceiling windows.  Dog-friendly, valet parking, gym, BBQ area, pool, spa and 24 hour security.  FHA and VA Approved! Make this gem yours today! Property […]
November 4, 2019
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Additional information on California’s Tenant Protection Act of 2019

For the complete article on the Apartment Owners Association of California, Inc. , please click here:   What you need to know about the “Tenant Welfare Act” of 2019, by Dennis Block. California’s attempt at stabilizing the rental market with the passage of the Tenant Protection Act of 2019 will soon prove to be a failure of epic proportions. Proponents of this bill argue that rent control is needed to maintain some degree […]
October 11, 2019

AB 1482 Signed into Law: Find out what Rent Control means for you.

At a signing ceremony in Oakland on October 8, Governor Gavin Newsom signed AB 1482 – Rent Caps and Just Cause. If you are confused about how this new law may affect rental property that you own, please contact us at Pasas Property Management.  Here are some basics you need to know: Rent increases in any 12-month period will be limited to 5% plus the change in inflation from April 1 of […]
September 15, 2019
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California housing affordability dips in second quarter

The California Association of Realtors recently reported on California housing in Q2. Here are some of their findings:  Thirty percent of California households could afford to purchase the $608,660 median-priced home in the second quarter of 2019, down from 32 percent in first-quarter 2019 but up from 26 percent a year ago. A minimum annual income of $122,960 was needed to make monthly payments of $3,070, including principal, interest and […]