Palos Verdes Real Estate

Buyers Category

Short Sales — A to Z

Short sales have been in the news the last few years and I've handled some of them.  Whether you're selling or buying, there are a few things you should know before jumping in. Short sales are, by definition, sales made when the amount owed to lenders is greater than the market value of the property.  Given the decline in values the last few years, there are quite a few of them out there, as there were in the early 1990's under...Continue Reading!

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!