Spectacular New San Luis Obispo Home!


Spectacular new home on San Luis Drive one of San Luis Obispo’s most desirable streets. With its superior location, this property will not disappoint. The open concept of the living area will lend itself to a variety of lifestyles. Also on the first floor the master suite is a private oasis. Upstairs, there are three bedrooms with two en-suite baths. One of the bedrooms could be used as an office/study depending on your needs. With its fully engineered drainage and gutter system this is a very low maintenance landscaping design. Everywhere you look you’ll appreciate the thoughtful amenities and finishes.
LeeAnne & George Fisher

5 Bedroom 4 Bath San Luis Obispo Classic Beauty!


The extraordinary craftsmanship of this solidly built classic beauty will impress even the most discriminating buyer. The lovely open floor plan is perfect for entertaining and comfortable for everyday living. This stately home features a gourmet kitchen with exceptional custom cabinetry and a double oven, six-burner Viking Range. Four of the five bedrooms, including the master suite, are on the main level. The spacious master suite has a vaulted ceiling, built-in cabinets with granite counters, seating area, large walk-in closet and opens to the patio. The master bath includes a spa tub, 2-headed shower with steam (and a bench for relaxing)and a bidet. The upstairs has plenty of space for games and television and the fifth bedroom with its own bath. The home has air conditioning and fully paid for solar panels which cover most of your electric costs. Located in the prestigious San Luis Obispo Country Club Estates and Los Ranchos Elementary School area.
Diane Moroski

Classic Traditional San Luis Obispo Beauty in Prime Location!


Prime Location! This classic, traditional beauty is located on one of the most coveted, cul-de-sac’s in San Luis Obispo. This is a rare opportunity to own a private, quiet, 1/3 acre property that backs to open space with hiking, biking, and trail running. The Anholm neighborhood is close to the downtown area. The beautiful home offers a grand, covered front porch, gracious living room with fireplace, dining room, rich hardwood floors, and four spacious bedrooms with walk-in closets. The gourmet kitchen has an informal dining area and is perfect for entertaining with direct access to the huge back patio, yard, and fruit trees. The floor plan offers the flexibility for nanny or in-law quarters with its own entry. Wake to the sunrise in the master suite with its own fireplace and spacious outdoor view deck. Garage has a workshop and walk-in attic.
Diane Moroski

Custom Built 3 Bedroom 3 Bath Home!


Panoramic views of Bishops Peak & Serro San Luis await you every morning from this privately set Custom built home. The expansive lot stretches out to Laguna Lake with views for many miles. This property is against acres of open space and a nature preserve, never to be built upon or obstruct the view. All new large decking off the living and Master Bdrm take you to the backyard fire pit. The vaulted ceilings and open concept floor plan lives comfortably for your busy lifestyle. New custom high-end Millgard dual panned windows and sliders showcase and frame a perfect view of the mountains, wildlife and clouds. These epic views would be perfect for any aspiring artist or photographer. This 3-bedroom home has the master, living and Den/ Office/ 4th bedroom on the first floor. The large over sized 2-Car garage has room for a shop and lots of storage. This home has the convenience of city living in a county like setting. Welcome Home!
Tracy Ferguson

340 Acres in Paso Robles Westside Wine Country!


Paso Robles Westside Wine Country. 340 acres with access via Vineyard Drive. Property in 7 parcels with Approved Subdivision Map and Current DRE Report. Many possibilities for this stunning property with Paso Robles most sought after location amidst charming wineries and scenic vineyards. Located midway between LA and the Bay Area, the weather with its coastal influences and the thriving wine and food scene make this a world class destination. Private and peaceful, the views from the estate building sites are outstanding in every direction. Make this your spectacular wine country ranch estate or use the development opportunity to sell parcels individually. All offers to include Receipt for Public Report. Call agent for more information. Check with County for uses. Desirable Templeton School District.
Lisa Balm

Northpoint Condo Cutie!


Fresh paint, new flooring, new tile and appliances make this 2 story condo move in ready. The cozy fireplace, enclosed back patio, cathedral ceilings and laundry are in the 2 car garage make this condo feel like a home. Pool, volleyball court and tennis courts too. Walking distance to Lakeveiw, Alice Shaw, Righetti and St. Jospeh High School. Priced to sell!!
Wendy Teixeira

Oakhill Estates Colonial Masterpiece!


Oakhill Estates Colonial Masterpiece! This sophisticated 5 bed/5 bath offers hand poured Cushwa brick from Colonial Williamsburg surrounding the home in pathways & patios. Beautifully appointed living rooms, dining room, breakfast area & family rooms are sure to satisfy the most particular buyer looking for true craftsmanship & quality. The gourmet kitchen is a cook’s delight complete with honed carrara marble & subway tile, two cooking stations, ample storage & breakfast bar. An executive’s style office & huge game/sun room is perfect for the active home owner. All bedrooms are situated upstairs for privacy & seclusion. Notice all the amazing woodwork which was all created on site. After you fly your plane into our local airport, pour a glass of one of our local popular Pinots, then venture out on to the patio, dip your toe in the Jacuzzi imagine yourself enjoying all the wonderful amenities this home has to offer. $1,325,000
Wendy Teixeira

Lovely 3 Bedroom 2 Bath Home in Great Neighborhood!

Lovely 3-bedroom, 2- bath home in quiet, family-friendly neighborhood adjacent to large park. Home includes dual-pane windows throughout, along with tiled bathrooms, new laminate and carpet flooring in entire house, and newer paint. Spacious family room has sliding glass door to patio seating area. Back yard has been custom landscaped with raised vegetable beds and fruit trees, and runs on automatic drip irrigation system. Front yard has been designed to be drought-tolerant with low maintenance. Lot includes RV parking with sewer access $305,000
Shea Hutchinson

Refinance to Eliminate Mortgage Insurance

There are situations when it is possible to refinance your home loan and eliminate the mortgage insurance charge early. Even as mortgage rates have increased, the savings from eliminating mortgage insurance can justify the higher rate.


VA and USDA Loans

These loan programs offer advantageous loan terms to military veterans and people living in rural areas. In lieu of mortgage insurance, the VA loan requires a small, up-front charge that is financed into the loan. The USDA loan requires both a small, up-front charge and a small monthly fee that is 0.4% of your the loan amount.

Both programs are inexpensive and have favorable terms. Refinancing is extremely beneficial when the borrower is able to obtain a lower rate.

Click here to read about the USDA and VA mortgage insurance structures.


FHA Loans

The FHA loan has a relatively complicated mortgage insurance structure that recently underwent a few importance changes.

At base, the important this to know is that FHA loans taken out after April 1, 2013 are more expensive for borrowers, thus making the benefits of refinance (when possible) even larger.

The changes did two things:

  • Increased monthly insurance payments.
  • Increased the duration that the monthly mortgage insurance is required.

In the past, mortgage insurance on many FHA loans would be cancelled after five years and/or 78% equity threshold. Now, mortgage insurance is required to run either 11 years or the entirety of the loan term.

Borrowers must reach the equity thresholds (78%) by way of payment. In other words, borrowers can’t rely on an increase in equity due to market movement.

The fees can get very expensive in either fee structure (old or new). Consider, a standard FHA monthly mortgage insurance fee charges 1.25% of the loan amount. This brings your monthly interest rate up from (say) 4.25% to 5.50%.

Click here to read about the FHA mortgage insurance structure.


Conventional Loans

Mortgage insurance is required on conventional loans for down payments under 20%. Unlike with the FHA loan, there is no minimum term – when a borrow reaches the 78% threshold, the mortgage insurance is dropped.

Also unlike the FHA loan, home value appreciation counts towards increased equity. If the market is improving and your home is suddenly worth more, these gains can count towards your equity threshold.

Here is another trick: mortgage insurance is dropped at 78% by law, but if borrowers catch it early – after 80% – they can make additional savings.


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