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Posted by on Jul 15, 2018 in Real Estate Insights |

Best Places to Retire in California

Best Places to Retire in California

 

Moving into the retired life can sometimes be bittersweet. Though you will be missing your friends, co-workers, and the daily grind, it is also a celebration of your hard work. It marks the beginning of a new journey where you will enjoy the fruits of your labor. Finding a place to retire is one of the most important things you need to prepare for as the day approaches. Southern California has some of the most coveted communities for retirees. Just take a look at this website of  one of Beverly Hills’ top real estate agents, and you’ll immediately see the astounding beauty of Southern California. If you happen to be someone who is nearing retirement and is considering the beautiful cities of Los Angeles, San Diego or Santa Barbara here are some of the best places where you can retire:

 

  1. Shea Homes at Rice Ranch – Located in Orcutt, California, the Shea Homes at Rice Ranch offers over 300 acres of public open space coupled with a sprawling community park and sports complex situated in a 26-acre lot. The Santa Barbara County homes are energy-efficient, and offer much flexibility, thanks to their customizable construction. Prices range from $400,000 to $600,000.
  2. Hovnanian’s® Four Seasons at Bakersfield – Another excellent age-restricted option is the San Joaquin Valley neighborhood that is home to K. Hovnanian’s Four Seasons at Bakersfield, in Bakersfield, California. Constructed as single-level homes, the area offers recreational amenities in a resort-style setup. The homes come in two or three bedroom models with room to do some customization. Prices start at $100,000 and could go up to as much as $200,000.
  3. Hovnanian’s® Four Seasons at Beaumont – If you are looking for an area in Beaumont, Califormnia, then the K. Hovnanian’s® Four Seasons at Beaumont is a good option. Built for residents aged 55 years and up, the community offers single-level homes in a gated resort setup that is 30 minutes away from Palm Springs. It also comes with all the works: a recreation complex, a tennis court, a clubhouse, and a swimming pool, among others. The prices of two-bedroom homes go somewhere between the $200,000 to $400,000 range.
  4. Trilogy at Monarch Dunes – If you happen to love playing golf, then the Trilogy® at Monarch Dunes at Nipomo, California is your best bet. Named by CNN Money as one of the “25 Best Places to Retire,” the area boasts of a golf resort community with a couple of links-style gold courses. In addition, it also features a clubhouse complete with a resort pool, a tennis court, and a place to dine and relax. Solar-powered two and three-bedroom homes cost somewhere between $600,000 to $800,000.
  5. Trilogy® at The Vineyards – Located in Brentwood, California, this active lifestyle community is perfect for those who love wine. It is located near the orchards and vineyards of Contra Costa County and is complete with all the resort-style amenities. Two and three-bedroom homes go for somewhere between the $500,000 to $800,000 range.
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Posted by on Dec 28, 2017 in Real Estate Insights |

Expert Tips in Buying a Luxury Home

Expert Tips in Buying a Luxury Home

From waterfront cottages to sophisticated Trump condo and the expansive luxury homes in Calabasas, a plethora of choices for up-scales residences do exists. This makes deciding which one to buy becomes more complicated. If you are considering investing in a luxury property, always remember these tips: 

  1. Searching right

Most luxury properties are not being advertised through MLS for the seller’s protection. The realtor relies primarily on his network to get the right buyer. Begin your search on the website of the local realtors in the community where you want to buy a luxury property. If their listings are devoid of luxury homes information, give them a call and discuss your intention directly with the manager. 

  1. Photos can be deceiving

Some people look better on photos, same with houses. Many houses aren’t that photogenic when you see in person. Go your way and see the house in person and do not make any decision based on photos alone. 

  1. Hire local realtor

A local agent is more familiar with the area where you want to buy. He knows which house meets your requirement. He can also drive you around to show you the neighborhood so that you can see the nearest school, hospital, convenience store, and other important buildings. 

  1. Document everything

You want your money to go where it needed to go, and you want to record all your financial transactions to avoid any problem later on. If you have an accountant or a fund manager, instruct him to document all cash out transactions. 

  1. Hire expert realtor

Work with a luxury realtor who has a proven track-record of assisting clients like you. He should know all the processes involved in buying and selling high-end properties. He needs to work with you in making important decisions such as price negotiation, getting a mortgage, conducting house inspection, and preparing legal documents. 

  1. Get a title insurance

You need to get protected from any problems that were forgotten about during the entire buying and selling process. However, check for the coverage and the exceptions of the title insurance very well before you sign it. 

  1. Look for the growth potential of theneighborhood 

You want your investment to appreciate in value over time. Ask the local government or the builder of the community if there are plans to develop the area. Make careful judgment as the development within the community is not always beneficial for a luxury real estate. Many buyers of luxury homes in Calabasas are looking for a house with a peaceful, quiet, and lush environment. 

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Posted by on Dec 23, 2017 in Real Estate Insights |

Real Estate Market

Real Estate Market

  If you will ask any financial expert where can you invest your money to receive the highest profit, he will probably say invest in real estate. As of now, the economic climate favors the real estate to grow. It means that compared to past years, it is easier to invest in real estate today with smaller capital. Here are some tips when investing in properties: 

1.Find a Lender 

If your savings is not enough, you really need to seek help from a reputable bank or credit specialists. The banks offer loans to qualified applicants. Some of these loans have easy-to-pay terms so it lessens your worries about how much and when you are going to pay them. There are cases when they will automatically deduct your loan from your salary each month. If you pay your entire balance even before your due date, some banks lessen the interest rate you were originally assigned to. 

2.Negotiate the Price 

Always remember that in real estate, the price is always negotiable. There is no fixed price. This is the reason why your negotiation skill can be put to test once you entered the real estate business. You need to consider a lot of factors when you offer a price. For example, if you found out that the property has many structural damage during the inspection, you can point this out to the seller and ask him to reduce his asking price. Also bargain if you can pay the down payment in instalment basis without interest if you really need to. It may be too much to ask but he might understand, who knows. 

3.Research on the Neighborhood 

You want your neighborhood to be safe and accessible. Go to the local police station and check the crime rate in your area. If there are crimes happening in your area every now and then, it is a red flag that you must consider. Check if the property you are eyeing at is in proximity with hospitals, schools, police station and other institutions. Try to gauge how friendly and accommodating the neighbors are. 

4.Be practical 

You want to find your “dream house”. But if the house that you desire is out of your reach, forget it for now. Maybe you don’t need that fireplace and swimming pool after all. Settle for a property that is complete with all the basic amenities and easier to pay. This will make your life less stressful knowing that you can pay your monthly mortgage conveniently. 

 

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Posted by on May 31, 2017 in Real Estate Insights |

Los Angeles’ Hottest Neighborhoods for Young Successful Professionals

Los Angeles’ Hottest Neighborhoods for Young Successful Professionals

If you are looking for a place to work, live, and mingle with others like you, Los Angeles is the place to be. The city thrives with motivated and young businessmen who are looking to carve their mark in the Creative Capital of the World. Most of these places are close to universities where young professionals can take further studies, major corporations where they can apply for jobs, and some of the best entertainment hubs in the country.

Here are some of the well-loved places in LA for young professionals.

Santa Monica

Santa Monica is not just a beach city. There is more to it that meets the eyes. It is also home to many of the most hardworking and highly educated people, so as to afford their beachfront houses and expensive cocktails at some of the hippest clubs in Los Angeles. There are so many recent developments around the area of which your trusted santa monica real estate agent will be able to help you tour the ones that fit your lifestyle. Have you considered Third Street Promenade? Here you can find pedestrian-only shopping and a very desirable just minutes walking distance to the beach!

West Hollywood

West Hollywood encompasses some of the world’s most popular streets for shopping dining and clubbing like Santa Monica Boulevard, Robertson, Melrose and of course the famed Sunset Strip. It’s a mecca for fashion, art and design. Flagship boutiques line the streets next to trendy, organic, famous and cutting-edge restaurants with celebrity chefs in the kitchen and creativity on the menu. It’s home to Academy Awards after parties. One of the largest gay nightlife districts the LA pride parade and the famed Halloween Carnival, the world’s largest Halloween street party.

Venice

Located on LA Westside, the majority of the area is residential characterized by fine streets, waterways and beachfront houses and recreations. Since Venice is one of the best tourist destinations in LA, job opportunities are also abundant. However, traffic will test your patience here as most of the quaint streets were not built for the massive traffic it receives. Venice is also the hub for tech jobs, thanks to the community’s tech residents which include Truecar, Snapchat, and Hulu to name a few.

Mid City

It has a post office named after Ray Charles, a forty-four thousand-year-old saber-toothed tiger and one of the finest museums in the world. Mid-city is a treasure trove of arts culture dining and shopping. It’s the Home of CBS television city and the miracle mile where you can explore for major LA museums. When it comes to accommodations, houses here range from low to high-end comfort.

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Posted by on Apr 27, 2017 in Buyers, Real Estate Insights, Sellers, Venice Beach |

Venice Beach Becomes One of LA’s Top Real Estate Markets

Venice Beach Becomes One of LA’s Top Real Estate Markets

Venice has two of the hottest zip codes, 90291 and 90292, in Los Angeles area, far from its “Slum of the Sea” and muscle beach reputation many years ago. The whole area consists of oceanfront houses on the western part of Los Angeles. Venice is bordered by Santa Monica to the north, the Pacific Ocean to the west, Marina del Rey to the South, Palms-Mar Vista and Culver City to the east.

The real estate market industry in this area has already produced some of the head turner properties and still continues to evolve. This is evident in producing a juxtaposition of older California bungalow to more contemporary houses with exciting architecture built alongside taller and smaller properties.

 

 

The History

 

Looking back more than a century ago when Abbot Kinney, a tobacco mogul, decided to dig miles of canals from acres of marshy land he won from his former business partners. He envisions creating the “Venice of America” by building real estate empire and an oceanfront resort finally completed in 1905.

Looking back more than a century ago when Abbot Kinney, a tobacco mogul, decided to dig miles of canals from acres of marshy land he won from his former business partners. He envisions creating the “Venice of America” by building real estate empire and an oceanfront resort finally completed in 1905.

For quite some time, he achieved his dream for Venice became a wealthy, independent city. But not for long because when he died in 1920, things started to fall apart. The city was not able to cope up with the growing population and its status as an independent city was dissolved and was made part of Los Angeles in 1926.

 

 

Trending: Venice Beach

 

Those days were gone as today; Venice has emerged as one of the trendiest neighborhood in LA area. The Abbot Kenney shopping district is heralded as “the coolest block in America” by GQ Magazine. There are so many new building, roads and houses being built anywhere in the area.

It started when Google rented more than 100,000 feet of office in Venice in 2011. Snapchat followed later, rented 40,000 square feet of office space in Abbot Kinney, and now pays $25,000 monthly for rent in a penthouse in oceanfront, boasting with a 5,000 square foot sun deck and Jacuzzi.

The boom in technology paved way for the real estate business to thrive as well. Many real estate titans have built and continuously building homes and company headquarters in Venice. As more labor force is expecting to pour in, developers are making sure there are enough houses for everyone regardless of the size and budget.

The properties can be from affordable, single family room to posh and luxurious high rise and waterfront houses. The lucky ones who are able to buy the waterfront properties sure do enjoy the views.

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