Our South Bay Community Blog

Everything You Need to Know About Maintaining Your WindowsGood windows contribute to the lighting and beauty of a home while also helping that home maintain its energy efficiency. Windows can last for decades, but only if they're properly maintained. Knowing when windows need maintenance, what kind of maintenance to perform and when to replace windows is an important part of maintaining a property.

Maintaining Windows

There are many things that homeowners must do to maintain their windows.

  • Cleaning. Washing the windows at least once per quarter helps the inside of the home stay light and bright.
  • Caulking. Occasionally, windows need to be re-sealed with caulk; this happens every few years as the caulk deteriorates.
  • Repairs. A broken window is a hazard and also bad for energy efficiency,
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Renting a Home Can Be a Good Decision, But There Are Risks As WellNo matter what the reason for wanting to rent your property—a slow real estate market, temporary duty assignment, or a desire for some additional income—becoming a landlord is not always a walk in the park. Here are 7 things you need to know so that your experience is a good one rather than an undertaking to regret.

For informational purposes only. Always consult with an attorney, certified tax expert or real estate agent before proceeding with any real estate transaction.

Set a Realistic Price

Depending on the specific reasons for wanting to rent out your home, it is important to try to cover your annual costs. Ideally, the rent you collect should be enough to pay the mortgage, insurance and taxes on the property, as well as any required

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Are You Selling a Home? Red Flags to Watch ForHome sellers take a risk when they accept an offer from a buyer. When they sign the contract, they're hoping that the buyer will come through with the money needed to purchase the home. They're also hoping that the buyer will be reasonable throughout the escrow process, which can be long and complicated. If you're a home seller who is hoping for a good experience, watch out for these red flags when considering offers.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Not Pre-Approved

Lenders have a qualification process that helps them determine which home buyers are financially capable of repaying a mortgage. Buyers who are most likely to repay

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Liens and Home Buying: Factors to ConsiderWhen people incur debts and own a home, it is possible that they could have a lien placed on the property. A mortgage is a type of lien that uses the home as a guarantee that the homeowner will make timely payments. There are other, less-common types of liens people might encounter, as well. Home buyers should understand how liens work before they start looking for homes or applying for a mortgage. This guide explains what a lien is, what it does, common types of liens, and how they affect homeowners.

For informational purposes only. Always consult with an attorney or financial advisor or before proceeding with any real estate transaction.

1. What Is a Lien?

A lien is an outstanding debt that uses an asset, like a home, for collateral.

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Which One? An Adjustable Rate Mortgage or a Fixed Rate Mortgage?At some point most home buyers must decide whether a fixed rate or adjustable rate mortgage is the right mortgage for them. Understanding the differences between these two types of mortgages can help home buyers decide what kind of loan they'd like to get. If you're a home buyer trying to decide on a mortgage, here's what you need to know about fixed rate and adjustable rate mortgages.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

Difference Between an Adjustable Rate Mortgage (ARM) and a Fixed Rate Mortgage

A fixed rate mortgage is a mortgage with a rate that will never change over the life of the loan. Fixed rate mortgages typically come in 15

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Red Flags to Watch For When Buying A HomeMost home buyers only see a home once or twice before they make an offer on a property. Home buyers who know what to look for find it's easier to identify which homes are a good deal and which homes should be avoided. The following red flags are an indication that something could be wrong with a house.

1. Rooms You Can't Get Into

Sellers who close off parts of the house could be trying to hide something, or they could be making an innocent mistake. Either way, home buyers should never make an offer on a property without having seen the entire house. If some rooms are unavailable for home buyers when they make their initial inspection, it's important to gain access to those rooms before making an offer.

2. Cracks in the Foundation

Cracks

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Should You Choose a 15-Year or 30-Year Mortgage?A person's mortgage can have a big impact on their quality of life while they're living in their home. A mortgage that is too expensive can put the homeowner in a precarious situation, leading them to bankruptcy or mortgage default. Meanwhile, home buyers who choose not to pay off their mortgage in a timely fashion may find themselves paying more interest over time. These tips can help buyers decide whether or not a 15-year or 30-year mortgage is right for them.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

What's the Difference Between a 15-Year and 30-Year Fixed-Rate Mortgage?

The most obvious difference between a 15-year mortgage and a 30-year

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3 Must Use Photography StrategiesFirst impressions are everything when it comes to selling a home, and that means listings need to be the best they can be in order to draw buyers in. One of the best ways to ensure a listing is effective is to include photographs of the home and all the rooms. However, it’s important for sellers to note that not all photographs are made equally, and in order to get the best results, homeowners need to know the best strategies. Here are four ways to help take high quality photos that impress buyers.

1. Stage the Home Before Taking Photos

Homeowners who have already looked into different selling strategies are likely already familiar with staging, which is the arranging of furniture to  make a home to make it as appealing to buyers as possible.

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How to Write a Home Purchase OfferA good home purchase offer can be an excellent way to secure the Rolling Hills home or property a buyer wants under terms they can live with. However, the offer can also alienate sellers and compromise the purchase before it even has a chance to progress past the first round. Because each home sale is different, buyers need to learn the underlying principles of a purchase offer before they begin to structure the right offer for each one.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Start Strong

The stronger the offer, the more likely it is the seller will take the buyer seriously. This doesn't mean that buyers have to offer the listed price, but

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What You Should Know Before Constructing a Home AdditionHomeowners who aren't looking to move anytime soon or who want to increase the value of the Hermosa Beach property may consider a home addition as a way to add some extra character to their home. And there's no doubt that this is a certainly a fun project to think about. Residents picture what an extra bathroom would do for the wait times in the morning, or how they could use a sunroom to enjoy their evening glass of wine. However, there are a few questions to answer before accepting bids from contractors.

Analyze the Space

An addition should usually be considered as a last resort for homeowners. The more cost-effective alternative will always be to rearrange or upgrade the space a homeowner already has:

  • Is there a basement or garage
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