If you have to relocate for work, have decided to move somewhere less expensive, or are looking for a change of scenery, you may be faced with buying a home in a city that is not only unfamiliar, but is difficult to access. If you are a real estate investor or frequent vacationer who has thrived in spite of the Great Recession, you might also be looking to buy property far from home. Of course, buying real estate anywhere other than your current city presents a unique set of challenges. Here are some tips for managing them.
Friday, May 20, 2011
How To Buy A House In Another City
http://bit.ly/kqbJKT
Tuesday, May 3, 2011
A luxury fortress high above the Sunset Strip
http://lat.ms/jIBfDx
Dramatic flourishes abound — nowhere more so than in a jutting backyard that feels as though it is suspended above the city. A rectangular lawn contains a lap pool extending from the base of a raised patio at the rear of the house to an elevated blue-tiled spa with room for a dozen soakers. Find out more about it here here...
A luxury fortress high above the Sunset Strip
http://lat.ms/jIBfDx
Dramatic flourishes abound — nowhere more so than in a jutting backyard that feels as though it is suspended above the city. A rectangular lawn contains a lap pool extending from the base of a raised patio at the rear of the house to an elevated blue-tiled spa with room for a dozen soakers. Find out more about it here here...
Monday, May 2, 2011
20 Ways to Add Value to Your Home
http://bit.ly/eAxZH2
Experts share their brightest ideas for adding value to your home. These are some pics that might spark your own great ideas...
Free Real Estate News Letter
Monthly, I publish a newsletter with good information for both Buyers and Seller. You can subscribe to the newsletter and have it sent directly to your email of just use the link here to take a look. Here is a preview of what you will get.
New Listing in Willow Glen Not Yet on MLS506 Sanger Way, 2bd/1ba townhouse for $279k
For Buyers...The first step in the home-buying process is to find out what you can afford to pay for a house, condo or co-op. This will depend on the amount of cash you have available for a down payment, your credit, income, assets, and overall financial situation. Read the rest of the article in my newsletter.
For Sellers...Imagine walking into an important job interview looking like you just dragged yourself out of bed. You'd be unlikely to make a good impression and diminish your chance of securing the job.
The same goes for selling a home. First impressions are lasting. Some buyers won't even look at the inside of a listing that doesn't have good curb appeal. Read the rest of the article in my newsletter.
For more information on buying or selling don't forget to visit my website, www.NoraHomes.com. Call, text or email me anytime with questions or to talk about a free home evaluation.
Nora Sandoval
Sereno Group
408-528-5631
nora@serenogroup.com
Follow me on Twitter
New Listing in Willow Glen Not Yet on MLS506 Sanger Way, 2bd/1ba townhouse for $279k
For Buyers...The first step in the home-buying process is to find out what you can afford to pay for a house, condo or co-op. This will depend on the amount of cash you have available for a down payment, your credit, income, assets, and overall financial situation. Read the rest of the article in my newsletter.
For Sellers...Imagine walking into an important job interview looking like you just dragged yourself out of bed. You'd be unlikely to make a good impression and diminish your chance of securing the job.
The same goes for selling a home. First impressions are lasting. Some buyers won't even look at the inside of a listing that doesn't have good curb appeal. Read the rest of the article in my newsletter.
For more information on buying or selling don't forget to visit my website, www.NoraHomes.com. Call, text or email me anytime with questions or to talk about a free home evaluation.
Nora Sandoval
Sereno Group
408-528-5631
nora@serenogroup.com
Follow me on Twitter
Thursday, April 28, 2011
Recent Sales In BHPO
I love BHPO, or Beverly Hills Post Office. It’s a beautiful community in the hills just north of Beverly Hills. BHPO is bordered by Bel Air to the west, West Hollywood to the east, and Studio City and Sherman Oaks to the north.
Although BHPO residences benefit from the use of Beverly Hills’ more preferred zip codes, ironically, it’s not a true part of the City of Beverly Hills. In fact, and all city services – including police, fire, schools and utilities – are serviced by City of Los Angeles.
How did this little LA community rate a preferred 90210 zip code? When Beverly Hills was incorporated in 1914, the hilly part of town on the northern border –up to Mulholland Drive – remained a part of the hills of Los Angeles. The area was given the 90210 zip code by the U.S. Post office out of convenience.
These days, the Beverly Hills name and famous zip lend an additional convenience to the area in the form of prestige and higher home values. Here’s a look at recent home sales for BHPO. This information comes from CLAW MLS and is deemed accurate, but is not guaranteed. I should also clarify that this is a list of recently sold homes in BHPO, and not my own recent activity (but you can get that information by visiting my website www.MontoyaProperties.om).
I hope this information is useful. If you have any qusestion, or real estate-related needs, feel free to call me at 310-403-4004, or send me an e-mail at Maria@MontoyaProperties.com
Recent Sales In Beverly Hills Post Office
Zip Code 90210
Address | Beds | Baths | Sq. Ft. | Lot Size | Sale Price | Date Sold |
9832 Yoakum Dr | 2 | 2 | 1,056 | 12,960 | $500,000 | 3/10/2011 |
9666 Yoakum Dr | 2 | 1 | 1,052 | 17,900 | $545,175 | 2/28/2011 |
1550 Benedict Canyon Dr | 2 | 2 | 2,015 | 7,240 | $675,000 | 4/1/2011 |
1322 Braeridge Dr | 2 | 2 | 1,446 | 8,350 | $794,500 | 3/18/2011 |
9586 Shirley Lane | 3 | 3 | 2,290 | 14,397 | $968,000 | 3/4/2011 |
1977 Coldwater Canyon Dr | 5 | 4 | 3,156 | 19,658 | $1,170,000 | 3/4/2011 |
2008 N Beverly Dr | 3 | 2.75 | 2,205 | 10,720 | $1,350,000 | 4/26/2011 |
1517 N Beverly Dr | 2 | 2 | 2,154 | 8,100 | $1,415,000 | 4/15/2011 |
1722 Benedict Canyon Dr | 4 | 5 | 2,661 | 17,180 | $1,500,000 | 4/27/2011 |
9406 Lloydcrest Dr | 3 | 3 | 1,796 | 21,558 | $1,625,000 | 3/25/2011 |
2815 Coldwater Canyon Dr | 6 | 5 | 3,084 | 17,750 | $2,050,000 | 3/25/2011 |
1800 N Beverly Dr | 5 | 6 | 3,968 | 10,050 | $2,200,000 | 3/24/2011 |
12090 Summit Cir | 4 | 5 | 4,000 | 14,920 | $2,242,500 | 3/21/2011 |
9721 Oak Pass Rd | 4 | 5 | 5,450 | 41,382 | $2,300,000 | 3/16/2011 |
1865 Heather Ct | 4 | 4.5 | 5,316 | 43,560 | $2,425,000 | 4/15/2011 |
9300 Hazen Dr | 3 | 3.5 | 3,189 | 14,810 | $2,450,000 | 3/16/2011 |
9115 Hazen Dr | 4 | 5.5 | 3,904 | 19,170 | $2,700,000 | 3/11/2011 |
9790 Wendover Dr | 5 | 4.5 | 4,700 | 15,870 | $3,350,000 | 4/27/2011 |
1801 N Beverly Dr | 4 | 4 | 59,660 | $3,550,000 | 4/6/2011 | |
9446 Beverly Crest Dr | 4 | 5 | 6,400 | 16,880 | $3,678,425 | 3/25/2011 |
9555 Oak Pass Rd | 5 | 6 | 43,560 | $4,425,000 | 4/21/2011 | |
3332 Clerendon Rd | 6 | 9 | 9,020 | 23,079 | $6,999,999 | 3/31/2011 |
1278 Angelo Dr | 4 | 4.5 | 7,000 | 11,325 | $9,100,000 | 4/22/2011 |
Wednesday, April 27, 2011
When Sellers Remain in Possession
Frequently it happens that sellers don't want to give up possession of their home until after escrow has closed. I am not referring here to situations where they will rent back for six months or a year. Rather, it is the situation where the seller doesn't want to move out until two or three days after closing.
There can be good reasons for this. More than a few transactions have fallen apart at the last minute, though this is not common. What is more ordinary – and happens too frequently – is that the closing may be delayed a few days, maybe even a week. Often this is not the buyer's fault, but that of some third party (such as an underwriter). The point is: knowing that closings might be delayed, many sellers don't want to schedule movers and packing etc. until they know for sure that the closing has happened. Moreover, it may simply be a question of money. They need to have the sale proceeds in hand in order to pay the movers.
I know, I know. There are those who will argue that closings ought never to take place until and unless the sellers are out. While there may be compelling arguments for this point of view, the fact remains that it doesn't always happen, and that it would probably be a mistake to let this issue be a deal-killer if everything else was satisfactory.
So, the seller is going to remain in possession for, say, three days after closing. How best to handle this? You want more protection for the buyer than simply to say "OK". On the other hand, the situation doesn't seem to warrant a lengthy special contract.
The California Association of Realtors® (CAR) sets forth an alternative in its standard form Purchase Addendum Agreement (PAA). While the PAA deals with other topics as well, one of the options it lays out is "Seller to Remain in Possession After Close of Escrow." This option contains ten pre-printed sub sections plus a couple of blank lines for "other terms". It takes up about 2/3 of a page and might be described as a "rental agreement lite."
Click here for more of this article...
If you are looking for a Realtor you can count with the sale or purchase of a home, feel free to contact me by phone or email. I service Silicon Valley and Santa Clara County in Northern California.
Nora Sandoval
Sereno Group Properties
408-528-5631
Nora@serenogroup.com
Follow me on Twitter
Article source: Realty Times, Real Estate News and Advice
There can be good reasons for this. More than a few transactions have fallen apart at the last minute, though this is not common. What is more ordinary – and happens too frequently – is that the closing may be delayed a few days, maybe even a week. Often this is not the buyer's fault, but that of some third party (such as an underwriter). The point is: knowing that closings might be delayed, many sellers don't want to schedule movers and packing etc. until they know for sure that the closing has happened. Moreover, it may simply be a question of money. They need to have the sale proceeds in hand in order to pay the movers.
I know, I know. There are those who will argue that closings ought never to take place until and unless the sellers are out. While there may be compelling arguments for this point of view, the fact remains that it doesn't always happen, and that it would probably be a mistake to let this issue be a deal-killer if everything else was satisfactory.
So, the seller is going to remain in possession for, say, three days after closing. How best to handle this? You want more protection for the buyer than simply to say "OK". On the other hand, the situation doesn't seem to warrant a lengthy special contract.
The California Association of Realtors® (CAR) sets forth an alternative in its standard form Purchase Addendum Agreement (PAA). While the PAA deals with other topics as well, one of the options it lays out is "Seller to Remain in Possession After Close of Escrow." This option contains ten pre-printed sub sections plus a couple of blank lines for "other terms". It takes up about 2/3 of a page and might be described as a "rental agreement lite."
Click here for more of this article...
If you are looking for a Realtor you can count with the sale or purchase of a home, feel free to contact me by phone or email. I service Silicon Valley and Santa Clara County in Northern California.
Nora Sandoval
Sereno Group Properties
408-528-5631
Nora@serenogroup.com
Follow me on Twitter
Article source: Realty Times, Real Estate News and Advice
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