Palos Verdes Real Estate

First Time on Market in Los Verdes

Formerly "Coming Soon", I now have a lovely 5 bedroom 3 bath Los Verdes home on the market at $1,099,000.  Well-maintained by the original owner, this home has 2440 square feet of living area, a 3-car garage, a lovely ocean view, and the most amazing windows throughout that you've ever seen.  Call me at 613-1076 if you're interested cuz this will not last. [nggallery id=28]Continue Reading!

Why Your Escrow Won’t Close on Time

Escrows almost never close on the date scheduled which, if you don't do this every day, may seem strange.  After all, both parties signed an agreement that the escrow would close on a certain date.  Why doesn't it? There are a bunch of potential reasons, but here is by far the most common: The buyer's lender.  This is by far the single biggest reason for late closings.  It isn't that the lender doesn't have time to process the loan.  The problem is that, apart...Continue Reading!

Sold in 3 Days — 4045 Via Pima, PVE

Formerly "Mystery Valmonte pocket listing"!  This sold instantly and is now in escrow.   This is a totally remodeled 3 bedroom 2 bath one level home of just under 1500 square feet, 2-car attached garage, lovely red oak floors throughout, and very nice curb appeal.  Nice size rear garden.  Completely turn-key.  This house is on one of Valmonte's premier streets  -- I know, I know --  they all say they're "on the best street", and in Valmonte there really aren't any bad ones,...Continue Reading!

May, 2013, Newsletter

Dear Neighbor:  Onward and upward!  Reasonably-priced homes continue to sell quickly, often with multiple offers.  Interest rates still have not moved upward, remaining at around 4%.  And lenders have begun making 95% loans again (5% down) – I think this is called amnesia.  One of the less-obvious issues we’re having these days is that of appraisals.  This is always a problem when the market is rising, as appraisers use closed sales (which, of course, are lower in a rising market) to determine...Continue Reading!