orange county real estate: What are my closing costs when purchasing a home in Orange County CA? - 01/10/17 01:47 PM
What are my closing costs when purchasing a home in Orange County CA?
Most of my home buyer clients ask me, "What are closing costs and how much will they be?" It often seems difficult to get a straight answer. About 1% to 1.5% of the purchase price.
 
Both sellers and buyers have closing costs but I will mention "Home Buyer" closing costs here. Search for homes in Laguna Niguel Here.
#1. Loan closing costs. This information comes from your lender and will vary. Roughly $450 for an appraisal,, lender fees for underwriting, etc which can be from $600 to $1800, one year fire … (0 comments)

orange county real estate: Real Estate Appraisals Are Subjective and Fluid - 03/21/16 06:06 AM
REAL ESTATE APPRAISALS ARE SUBJECTIVE
Real estate appraisers have a difficult job for sure. The appraiser will try and arrive at the market value of the "subject property" from three different angles. Usually a rebuild and replace method (cost approach), sometimes from an income approach and usually in residential real estate from a market comparison approach. You will hear the term "comparable sales" which is used in the market comparison approach.
Why do I say appraisals are subjective?
One of my listings just appraised low (first time in years). The home had a new kitchen worth about 40K which was just … (1 comments)

orange county real estate: Orange County CA Real Estate Market Update - 03/25/14 04:34 AM
“Steady as she goes!”… or Market Uncertainty?
Orange County CA Real Estate Market Update: 
“My crystal ball is cloudy”.  It has been cloudy since the crash of 2007 or maybe even since the craziness that started in the hot market of 2006. Right this minute sales in my local SoCal real estate market seem quieter than they should. I was wondering if it was my imagination or if it is really true.  
After reviewing the charts on the OC Housing Market provided by Steven Thomas, I see that my gut feeling is right.  Inventory is up year over year about … (0 comments)

orange county real estate: LAGUNA NIGUEL HOMES for sale / Laguna Niguel Realtor - 11/01/12 02:15 PM
LAGUNA NIGUEL HOMES for sale / Laguna Niguel Real Estate Market Report
Housing inventory in Laguna Niguel is down 60% year over year. In light of the low inventory
HOW MUCH IS YOUR HOME WORTH?

Inventory of homes for sale in LAGUNA NIGUEL is DOWN 60% since the beginning of this year. Are you shopping for a home? Have you noticed the nice ones do not linger on the market?

The available supply of homes on the market for all price ranges under 2 million is less than two monts. For detached homes under 600,000 the supply is about ONE … (2 comments)