Palos Verdes Real Estate

Buyers Category

The Top Ten Reasons Escrows Fall Out

When I got into this business 35 years ago, my office couldn't help but notice that my escrows almost never fell out.  They were so impressed that they had me give a series of classes on the subject to the newer agents.  500+ escrows later, my escrows still almost never fall out.  What follows are the Cliff Notes on why that is, without giving away all my trade secrets. First, by way of general explanation, every contract provides a buyer contingency period...Continue Reading!

Is It A Good Time to Buy? A Good Time To Sell?

I get these questions all the time.  This is one of those times when I can honestly say that it's a good time for either.  I know what you're thinking, but hear me out: If you're buying:  Interest rates have not been this low since the Earth cooled.  4%?  Are you kidding?  They've been low for a while now (tho not this low), and we've sort of gotten used to them.  When I got into this business in 1984 the best 30-year fixed rate loan was...Continue Reading!

Just Listed: Fully Remodeled Old Torrance Condo

Tired of sharing the laundry with 20 other people?  Tired of parking in that dingy subterranean garage?  Sick of having no storage space?  Frustrated with making offers on short sales that never happen? This is like a breath of fresh air!  Just listed is this really lovely 2 bedroom 2 full bath top level condo a short walk from picturesque Old Torrance.  Especially nice and unusual features of this unit, apart from its being completely remodeled and in move-in condition, are...Continue Reading!

The Thing About Loans

I'm sure anyone who has tried to get a real estate loan during the past 6 months knows this, but for the rest, it's a lot like going to see your proctologist and about as pleasant. All the old rules are out and the primary hiring criterion for underwriters appears to be that they must have been diagnosed with a severe case of Obsessive Compulsive Disorder. Want a second opinion? OK, they don't get out much either. To be fair, the...Continue Reading!