Want to move to The Beach? Top 10 things Out of Area Families need to get informed.

 

Out of area families in town for July 4th. I met them on open house. Twin sisters and their husbands.They were searching for over a year. They read the papers. circled and went to open houses. It was fun for them and the following top 10 things were discovered. It had been more miss than hit. The result of our meeting included about 6 hours and amazing results.

1.They needed a Real Estate Agent. 2.They needed a Lender. 3.They needed to know things about the area. 4.They needed to make to search plan. 5.They needed to discover that they wanted to be close to each other.

The price of living near the beach. 100_2204.jpg

We started at open house here, in South Redondo Beach, looked at listings in Hermosa Beach,  homes in West Torrance  and Old Torrance.

Then we talked about the next 5 points…

6. Cost in Dollars 7. parking places 8. view 9. available choices 10. rental income

These are details the Realtor knows all about. City parking permits, where you can avoid the tourist stream to the beach, and those current rental income prices. All was information worth years of doing the work. Priceless.

The top 5…here is the story.

Realtor. Affinity and Knowledge. Affinity, we just liked each other. It was as if we had grown up together. This can’t be minimized. We actually really saw the world the same way. We talked alike and understood each other. Knowledge-How much price appreciation can they expect at a minimum over the next 10 years? We can look at charts to see those stats but I sold some 4 years ago here and know the price every year since. They are priced about 2005 value.

Lender. knowledge -how much to put down -what will my monthly bill inc. taxes insurance be?- how much tax reduction on income will I gain?

Area. Places to avoid- congested streets- over built area -lots of renters of homes

Search plan- we looked at my printout of all the properties under 800K town homes and homes, They deleted town homes right away saying “Look how many choices we still have.” We then put them in order and started the search.

After looking at homes and deleting them, weird floor plan, bad homes next to the one for sale, still too close to the busy street.

Found one they loved and yet they couldn’t agree on which would be the master bedroom for them. We stumbled upon 3 in the day and stopped anyway, it was a waste of time on two and the last one was a total surprise. We were going to the sisters house and 1/2 mile away we saw the open house sign. No idea of price and stopped in. The rooms were confusing to 3 of us. I couldn’t wait to get outside. The yard was really cool, big and had potential. One sister came out and said isn’t this the best ever? We looked at each other. Huh? We thought it was terrible. Well, come see what I see. We trailed in and she showed us what she loved. The kitchen, the living room and then the one weird room she said lets open this up to be a dining room and the circle stair over there? Let’s put a real stair in right here. She was right, suddenly the whole house made sense. It was all about potential. It would not have to be immediate. The roof would be. So the price was pretty good. We drove the neighborhood and could see this was the best for her .6 miles to her sisters house. They talked together. I didn’t know you wanted to be near my house. I didn’t know it either. It was a sweet discovery.

 

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