Larry Weichman's Real Estate Blog

The Pressing Issue of Orange County Pocket Real Estate Listings!

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Sat, 20 Apr 2013 07:23:42 -0700

Don't let your home be a secret listing! The California Association of Realtors is very concerned about the pressing issue of pocket listings! More to follow on this breaking news item!

Larry Weichman is President and Broker of Costa Mesa-based real estate powerhouse Weichman Realtors,”the most trusted name in Costa Mesa Real Estate”. Larry and his highly-trained team of professionals have proudly served Costa Mesa since 1976. For questions about an upcoming sale or purchase, call him directly at 714-241-4532 or email your questions to Larry@TeamWeichman.com. Be sure to visit Larry Weichman in Costa Mesa CA for the latest news and information on the Costa Mesa real estate market.

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It's my intention to continue building lifelong relationships one client at a time and remain your personal real estate consultant for life. If you know of a friend, co-worker or family member who has a real estate need, be sure to contact me. Your personal referrals are the greatest compliment I can receive.

Costa Mesa Housing for Sale Benefits from Yards with ‘Destinations’

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Fri, 12 Apr 2013 07:46:15 -0700

As a Costa Mesahomeowner prepares a property for sale, he or she faces the inevitable series of tradeoffs. One of the major ones is the decision about how much time and budget to devote to interior vs. exterior renewal. In cases where the inside is going to get the lion’s share of attention, it’s good to remember that there are ways you can make simple changes to your backyard that can markedly raise the whole property’s overall appeal. As with all Costa Mesahousing for sale, this can mean the difference between a so-so and a great outcome.

One inexpensive idea for larger yards is to install simple gravel or bark pathways. Costa Mesa housing for sale boasting gently curved pathways around the edges of the lawn look more interesting than plain yards — especially those with predictably straight-edged planted areas. Landscape architects think in terms of destination areas: even in smaller yards, a bit of imagination can sometimes create interesting ‘destinations’ for the eye!

Many yards have a corner or two that are just plain eyesores. A Western idea that works for any climate is a variation on the architectural rock garden. Choose rocks that blend well with our natural landscape, but which bring out the surrounding colors; then the addition of brighter flowering plants will convert that eyesore into a ‘destination’ — one with pleasantly natural charm.

In all of your backyard landscaping decisions, it’s important to strive for a balanced result in terms of ongoing maintenance requirements. While you want your yard to look attractive, you also want to avoid turning it into a high-maintenance project for the next owner. Housing for sale in Costa Mesa that features spectacularly elaborate lawn designs may well turn off some prospects (particularly those with children or pets). By keeping your landscaping relatively simple, you can establish a yard that looks good without evoking thoughts of overly-challenging upkeep requirements.

Are you about to prepare your home for this season’s spring market? Then why not call me so we can start with a consultation on how to boost your Costa Mesa property’s value using some tried-and-true cost-conscious techniques.

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Just Listed, Costa Mesa Real Estate, Mesa Verde Beauty

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Fri, 29 Mar 2013 12:31:27 -0700

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Description


	Discover the versatility of this bright and airy single-level located in the wonderful State Streets of Mesa Verde. This well-designed home sits on a pleasant, quiet street where the only sounds are of friendly neighbors. Comfort and style join forces here with the freshly painted interior that allows you to look good while taking it easy. Enjoy the large bedrooms and den which could be used as a 4th bedroom. The dual dining & living room fireplaces are a design highlight and attracts cozy gatherings. Come see all the many other advantages offered such as Bamboo hardwood flooring, central air conditioning, permitted bonus room and backyard patio perfect for entertaining! Purchase price includes washer, dryer and refrigerator! It's captivating & genial!

Features

Bedrooms:	3
Bathrooms:	2
Parking Spaces:	2
Year Built:	1961
Subdivision:	Mesa Verde State Streets
Lot Size:	6100
Garage Size:	2 Car
School District:	Newport Mesa
Square Footage:	2080
Agent Name:	Larry Weichman
Broker:	Weichman Realtors

Location


	1744 Missouri Street Costa Mesa CA 92626

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The Next 4 Things No One Tells Costa Mesa First Time Homebuyers

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Wed, 27 Mar 2013 06:58:32 -0700

Of all the things first time homebuyers in Costa Mesa are told, some that turn out to be pretty important are too often overlooked. Here are four items first time homebuyers will find useful to know:

4. Remodeling costs more than you think

You’ve found a fixer: your energy is to be applauded. But before you write that offer, if you are one of our Costa Mesa first-time homebuyers, be certain to have penciled out the bottom line cost of bringing the home up to the standard you require to be move-in ready. You may well be able to live with some items that you will fix over time, but in all areas, budget 20% more than your estimate.

5. What matters is what the bank’s appraiser thinks the house is worth

Getting a loan approved isn’t as simple as having great credit and a down payment. Your offer also has to pass the bank’s approval process before they will okay the loan.

6. Getting inspected doesn’t mean there won’t be problems

Should you skip the inspection process? Absolutely not. You need to know if the home is structurally sound. But owning a home involves continuing expenses -- and problems can pop up even on Day One of ownership. Make sure you have funds set aside.

7. Buying your first house can be stressful…really stressful!

One of the absolute best pieces of advice I can give is to relax — expect the unexpected! Buying your first house is scary only if you allow it to be. Since it is all but certain that there will be ups and downs, allow the possibility that may not get any particular house. Veteran homebuyers come to understand the cost of overly emotional involvement — when you do, too, you will be better able to roll with the punches…and to make financially sound decisions.

If you missed the first three items in my list, check back to Part 1 – or just call me! I’ll fill you in on everything Costa Mesa first time homebuyers need to know.

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Save The Date! April 20, 2013! Shred Day is Coming to Costa Mesa Ca

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Sat, 16 Mar 2013 08:58:26 -0700

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7 Things No One Tells Costa Mesa First Time Homebuyers

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Sat, 16 Mar 2013 08:47:27 -0700

First time homebuyers in Costa Mesa are told a lot of things —

“Save your money,” their parents advise.

“Location, location, location!” their friend’s friend cautions.

Reasonable advice, for certain. But there some important elements of the home buying process which a typical Costa Mesafirst time homebuyer doesn’t usually hear. I’ve listed some of the most important ones, in no particular order:

1. Mortgage rates you see advertised aren’t usually what you get

The banner ads are everywhere online: “3.2% rates!” “No money down!” But the truth is, mortgage rates vary greatly. The only way you’ll know what rates you actually qualify for is to go through a complete mortgage application including credit pulls and income verification. One more point to consider: online mortgage calculators, while handy, can be deceptive if you do not factor in the real cost of tax, insurance and PMI when you’re looking at an FHA-loan.

2. Every Tiny Bit of Debt Counts

Think that $1400 left on your Visa isn’t going to matter? Think again. Every iota of debt weighs in when your credit is scored. What many Costa Mesafirst time homebuyers aren’t told is that when you apply for a mortgage, nearly every element of your financial history is going to be analyzed with a fine-toothed comb. All debt will be factored in as the bank figures out how much it is willing to lend. Standards have stiffened, so the earlier you dispose of even small issues, the better.

3. Your Choice of Agent Makes All the Difference

Let me guess: your friend’s friend also has an agent to recommend (she carpools with his sister’s next door neighbor). There’s no reason you shouldn’t interview her: maybe that’s the right fit for you. But don’t just sign up with the first agent you find: this is a working relationship that can shape your family’s future. Your agent’s connections, experience, and market knowledge will be key — and can well make the difference between your writing an offer that gets accepted or not.

(Coming Next: Another 4!)

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Costa Mesa Stunning Single Story 4 Bedrooms

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Tue, 12 Mar 2013 17:16:25 -0700

A Stunning Costa Mesa, CA Showcase!

Here is a marvelous residence within walking distance to the LAB & CAMP, Paularino Park and shopping! This charming home is further enhanced by its location on a serene, quiet palm tree lined street. Move in and celebrate the expansiveness very comfortable master suite with full bathroom and Elfa closet storage system and mirrored closet doors. The family room gas fireplace offers great decorating possibilities and provides supplemental heat as well. Also to delight you is the renovated kitchen with travertine flooring, granite counters and all stainless steel appliances. Ample space is not an issue here as the garage is finished with overhead storage! A beautiful landscape is the result of art and nature, and one of the greenest contributions to the mix is the irrigation system. Nothing could add more allure to a property than the proximity of the manicured lawn as well as Orange, Lemon, Pear and Apple trees.

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Weichman Associates, Realtors®
Larry Weichman, Broker. REALTOR®
CA DRE# 00573423
www.teamweichman.com | 714-241-4532 | Contact Us

Laurie Weichman , REALTOR®
CA DRE# 00932013

Going the Extra Mile for Your Costa Mesa Open House

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Mon, 11 Mar 2013 08:05:44 -0700

When you are getting near to zero hour for your first open house in Costa Mesa, you should know some of the simple moves homeowners can make to help ensure success. Here are three of them -- three ways you can approach your Costa Mesa open house to make sure it’s a well-attended and effective marketing event:

1. Buy some flowers

It might seem extravagant, but when you consider the your Costa Mesa home’s asking price, it may prove well worth it. The amount you spend on flowers will create an extra lift: the inviting aroma that greets your visitors, together with the burst of color fresh arrangements add in key areas subtly let buyers know you are willing to make an effort for a property that rates star treatment. Plus, it’s almost springtime, right?

2. Put up signage in advance

You will already have a “For Sale” sign in the front yard, but once you near the day of your Costa Mesa open house, getting the word out becomes a top priority. If your agent is heads-up (hint: I’m one of those!) – you will see that an “Open Sunday”' rider has been attached to your sign days in advance. It’s one of a number of small steps step that will help entice local residents (who will tell friends who are looking) -- and definitely flag weekday drive-bys to come back! Any extra exposure can be vital for courting a goodly field of potential buyers.

3. Provide child-friendly entertainment

Buyers have children, and planned or unplanned, they may be along for the occasion. Bored kids are a distraction – so why not have some coloring sheets and crayons ready? You’ll be removing the hassle factor at the same time you are creating a welcoming, kid-friendly atmosphere.

When it comes to a successful Costa Mesaopen house, small steps make a large difference. I’d love to help set you up for success this spring: contact me anytime for an in-home consultation to prepare for the coming selling season.

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Knowing It’s Time to Check Out Costa Mesa Homes for Sale

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Thu, 28 Feb 2013 08:00:46 -0800

It’s pretty common to hear from previously contented tenants who suddenly experience the Eureka! moment – one where they realize they should have bought a home a while back. Eureka! moments happen most frequently around April 15 -- but they can strike anytime. To minimize the lapse between Eureka! and the moment when home ownership became the smart choice, here are some indicators current tenants should watch for:

Stability Shift

When your long-term job stability changes, your ability to predict future finances changes with it. Current renters should start surveying Costa Mesa homes for sale when the breadwinner becomes newly established in a long-term position.

Credit Profile Shift

To qualify for one of the homes for sale in Costa Mesa may not require perfect credit; but a better credit score means a lower interest rate (and smaller monthly payments). Keeping an eye on your credit profile will confirm that the single best way to boost it is to pay your bills on time, every time. As with the previously cited stability qualifier, lenders take it all into account, and improved credit coupled with today’s record low interest rates pencil out to mortgage eligibility.

DIY Profile

An additional sign that you are ready to investigate the homes for sale in Costa Mesa appears when it becomes clear that you can easily handle day-to-day maintenance. Diligent upkeep of a property, inside and out, can take chunks out of your budget if it must all be handled by paid professionals. Especially if you enjoy the process, the more of it you take on, the more you (instead of a landlord) will benefit.

Owning a home is one commitment that should only be taken on after you have researched Costa Mesa homes for sale, organized your finances, and are confident that your family is ready to settle down for the long haul. If you are close to such a Eureka! moment, contact me to discuss your goals. With market conditions nearly ideal for first time buyers, I’m here to help you find a home that will turn your Eureka! moment into, ‘It’s good to be home’!

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Will Your Stuff Scare Away Costa Mesa Homebuyers?

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Mon, 25 Feb 2013 07:37:08 -0800

We all know the feeling – the one where guests are due and you haven’t had time to clean the house. You shove all the…well… stuff into the back bedroom and shut the door (you’d lock it if you could).

Now imagine that feeling times 10. If you are trying to sell your home this spring, and you have rooms full of that…well…stuff -- you’re in for exactly that.

You can prevent it all with just a touch of the staging approach for your Costa Mesahome. Not everyone has $5,000 or more to spend on professional staging, but then again, you can’t offer your home in “lived in” condition and expect to have buyers racing to write you their high-priced offers.

Real estate is in large part an emotional selling proposition – beyond their basic housing requirements, buyers want to see themselves living a better life in their new Costa Mesa home. The quickest and easiest way to make that possible is to simply get rid of that same stuff!

Here’s an easy example: while a messy home office – one stuffed with papers and files – will cause many potential buyers to think too cramped for me, a well-staged home office helps them imagine their own paperwork in control. To achieve a look that’s clean and simple, box up your files and clean out the dust bunnies. If you have allowed extra furniture to accumulate (like that folding table in the corner that holds last year’s tax records), go ahead and de-accumulate it!

Staging of any kind may not be your first choice for how to spend an afternoon, but selling your Costa Mesa home is a business transaction, and when you approach the process confident that a little elbow grease will go a long way, your pocketbook will register the difference.

If you are, in fact, preparing for this spring’s selling season, contact me to discuss practical strategies for economically handling the repairs, remodeling, and staging that will speed the sale of your Costa Mesa home.

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Just Listed Costa Mesa! Another Great Listing From Weichman Realtors!

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Fri, 22 Feb 2013 17:36:12 -0800

Costa Mesa End Unit Townhome! Won't last long!

Location: Costa Mesa, CA

Costa Mesa townhome located in a small 16 unit comlex. This 2 story end unit features 3 spacious bedrooms (master w/large walk in closet) and 2 full baths. Amenities also include inside laundry, cozy fireplace in living room and sliding door accessing private patio. Large 2 car garage offers extra storage!

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Larry Weichman

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(714) 863-5739

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Price: $349,900.00

Flexibility: Negotiable

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Property Location

936 W. 18th Street
#E4
Costa Mesa, CA 92627
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Bedrooms: 3

Bathrooms: 2

Year Built: 1982

Subdivision: Mesa Verde

Lot Size: 6887

Garage Size: 2 Car

School District: Newport Mesa

Square Footage: 1221

Agent Name: Larry Weichman

Broker: Weichman Realtors

MLS #: PW13027519

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VFLYER ID: 214674016

Orange County Real Estate in Your IRA?

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Mon, 11 Feb 2013 07:39:45 -0800

In case you missed it, there is at least one widely overlooked Orange Countyreal estate investment possibility that can be available to active IRA holders. Especially if you are among those who look at the current Orange County real estate market and find numerous investment possibilities with significant long-term upsides, the Self-Directed IRA option can be worth looking into. Some of the broad outlines of how it works:

1. The right IRA custodian

Custodians are trustees who hold self-directed IRA assets and file documents with the IRS. Orange County real estate purchases are considered ‘non-traded’ assets -- and not every IRA custodian allows for them. You may need to find one who does.

2. Use only IRA funds

All costs associated with your real estate investment must be paid using funds from the self-directed IRA. These can include property management expenses (if you use the property as a rental), taxes, repairs, and insurance. Using IRA funds for any personal expenses or personal benefit will lead to penalties.

3. Guard your interests

Be careful to play by the rules. For instance, you cannot involve a spouse, family member, or company in which you have a 50%+ interest; nor may you reimburse yourself for work you do on the property (including the reporting and other administrative requirements).

According to Fox Business News, many people are using self-directed IRAs to purchase non-traded assets like real estate. Since there are significant limitations as well as advantages, it is all but mandatory to consult a qualified accountant or legal professional before proceeding. If it looks as if the advantages predominate, it will be time to go about finding the right Orange County property for your investment…time to contact me!

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U.S. Revival Stands to Influence Costa Mesa Real Estate Home Prices

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Tue, 29 Jan 2013 06:24:15 -0800

The truism has it that real estate is the most local of assets. If you exclude California-style earthquakes, the land a home is built upon tends to stay pretty much in one place. That being the case, Costa Mesa home prices tend to reflect our localCosta Mesa conditions: when business is popping and everyone feels confident about the future, Costa Mesa home prices tend to move upward.

Even so, as the complete numbers roll in from last year’s national real estate market, anyone with a rooting interest in Costa Mesa home prices has to be cheered.

The fact is, American home prices climbed 5.9% last year – the greatest yearly gain since 2006. Calling that only a ‘sharp’ rise is like calling the Super Bowl an ‘interesting’ football game. So, even though Costa Mesa home prices reflect local conditions, that kind of jump indicates the kind of national movement that is bound to echo through every corner of the country.

The U.S. Census Bureau and the Department of Housing and Urban Development also report that new national housing starts rose in 2012’s final month to an annual seasonally-adjusted rate of 954,000 (way more than the experts expected). It sounds like a big number, and it is -- an increase of 12% from the revised November rate of 851,000, and a gain of 36.9% over the previous year’s 697,000!

The National Association of Homebuilders also reported a third consecutive six-year high in its builder confidence index. It’s still below the point NAHB considers builder “optimism” balances with builder “pessimism,” but moving strongly in the right direction.

Now that we’re at a point where we can look back over last year’s performance, it’s easy to look back and say “That year sure would have been a good time to buy or sell!” To me, it looks likely that this time next year, we’ll have more of the same.

If 2013 is the year you’re considering making a move, I would be genuinely delighted to put together a plan of action that fits your goals and your timetable. I hope you’ll give me a call!

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Orange County Real Estate: Fix-and-Flip or Buy-and-Hold: Which Are You?

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Sat, 26 Jan 2013 07:17:44 -0800

With the Fed having announced its intention to hold interest rates near 0% until at least mid-2015, even very cautious investors are recognizing that this provides a rare opening. If ever there were a time to start a real estate portfolio, it’s hard to imagine a better one.

For many, the first question is whether there is still an opportunity to buy foreclosed homes in Orange County California. That answer is yes, for sure – but that is not always the only strategy that will get you to your goal.

It all depends on you.

Before we can develop your strategy, you first need to decide which type of real estate investor you wish to be:

The Fix-and-Flip Investor - This type of investor is handy (or has a lot of contacts who are), and is familiar with remodels and improvement projects. Usually, at least part of the goal is to create an income stream from the investments. This investor buys a property at the lowest price possible, improves it, and sells at a profit as quickly as possible. This investor may have one or more projects going at a time -- with or without loans on the properties. This is the more hands-on type of investor.

The Buy-and-Hold Investor – This investor need not have a high degree of familiarity with real estate (as long as he or she has a source for accurate market advice), and plans to use the real estate portfolio for its long-term wealth-building potential. This investor may or may not buy foreclosed homes – the goal is to buy property at a price that, when rented, will generate cash flow that makes financial sense. This investor often takes loans on properties. This can be the least-involved kind of investor after purchase – especially if a property management company handles the day-to-day details.

Whether you are looking to buy foreclosed homes in Orange County California, or to capitalize on one of the bargains now available in the traditional market, cool-headed, informed decision-making is at the core. If you are also looking for an agent to be by your side supplying up-to-the-minute market data, give me a call. We can talk about your goals, and come up with a buying plan that matches your investing style.

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Newly Listed, Costa Mesa Real Estate, Mesa Verde Country Golf Course

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Sat, 12 Jan 2013 13:18:07 -0800

Mesa Verde Stunner!

Location: Mesa Verde

You can’t help but to picture yourself in this beautiful home with amazing views of the Mesa Verde Country Club. This gorgeous back yard is large enough to host a hundred of your friends for the front row seats of the spectacular 4th July fireworks show but
is also the perfect setting for an intimate dinner party. This home has been tastefully upgraded and lovingly cared for by longtime owners. This is a very desirable
location situated on a quiet street in the Balearic Park neighborhood. There are 4 bedrooms upstairs and one bedroom on the main floor that would be suitable for mother in law suite. Large windows and french sliders overlook the fairways and present natural light
throughout. The living area of the home is 2123 sq. feet and the lot size is 6912 but feels much larger since most of the space is at the rear of the house. The kitchen has granite counter tops with stone & tile backsplash, 5 burner range top, stainless steel appliances stay with the home. Beautiful base and crown moulding runs throughout the house. Two of the upstairs guest bedrooms have Pella bay windows that have stunning views of the
golf course. Gorgeous living room fireplace with granite and black marble.

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Larry Weichman

Larry@TeamWeichman.com

(714) 863-5739

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Pricing

Price: $969,900.00

Flexibility: Negotiable

Additional Pricing Information: Please dial 800-283-1765 and enter extension 2465!

Property Location

1976 Kornat
Costa Mesa, CA 92626
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Bedrooms: 5

Bathrooms: 2.5

Subdivision: Mesa Verde

Lot Size: 6912

Garage Size: 2 Car

School District: Newport Mesa

Square Footage: 2123

Agent Name: Larry Weichman

Broker: Weichman Realtors

Attributes

Appliances

Range/Oven

Dishwasher

Interior Amenities

Fireplace

Kitchen Island

Exterior Amenities

Patio

Fenced Yard

Grass Lawn

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Costa Mesa REALTOR® Keeps Active During Appraisals

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Sat, 12 Jan 2013 12:44:09 -0800

It may be a fundamental element in nearly two-thirds of every residential real estate transaction, yet when you think about buying or selling a Costa Mesa home, it’s not likely to be your major focus. Important though it may be, for most people, the appraisal process seems like a mere formality. After all, haven’t the seller and buyer already agreed to the deal? What’s left to do, other than dot the I’s and cross the T’s?

Of course, if you are a cash buyer, you can choose to skip the appraisal altogether. If so, congrats - you are ready to buy as soon as you find the right property! But for the rest of us, if a loan is involved, so too is the lender’s appraisal – or appraisals. Yet many real estate agents are not a part of this element.

The entire transaction hinges upon its success because the lender needs assurance that the property has at least the agreed value. If the home doesn’t comp out, the bank will not fund the loan.

When it comes to the appraisal, I will admit to being one Realtor who favors the proactive approach. One way to help assure the right outcome at appraisal time is for your Realtor to meet the appraiser at the property -- armed with a package of comparables that support the agreed-upon price. Most appraisers may have uncovered the same comps already, but that’s not always the case. If my seller has completed upgrades or improvements, I also like to bring proof to help justify a higher price. Making the appraiser’s job easier is an important part of a Realtor’s job.

As a trusted Realtor in Costa Mesa, I’ve found that taking an active role during appraisal is an important way to protect my client’s interests. It’s a commitment I make to help insure that each and every closing finishes as planned. If this winter finds you looking for a Costa Mesa Realtor who will be by your side from start to finish -- drop me an email, or give me a call!

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Spot-Checks, Take-Out Meals Aid Costa Mesa Real Estate Agents

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Tue, 01 Jan 2013 07:45:23 -0800

Keeping control of your kitchen is one of the most basic actions you can take to help your real estate agent sell your home. The execution can be simple when it’s approached systematically.

Especially during winter, kitchen control can seem an all but unmanageable task. Days are shorter; kids or pets may be cooped up inside; and everyone tracks winter through the kitchen all day long. To help you keep your kitchen looking great (and your Costa Mesa real estate broker beaming), some simple preparation is needed. That, plus sticking to a simple routine, will turn the impossible into a ‘done deal.’

· Put appliances and gadgets away as soon as you use them. According to Realtor.com, removing the least frequently used items from kitchen counters is a proven way to make a home more inviting. Include items like can openers and coffee pots. Flowers and a few cookbooks, though, are welcome to stay.

· Spot-check nightly: More times than not, you will find items you missed putting away or cleaning during the busy part of your day. It's easy to miss crumbs on the counter or dirt on the floor when you are trying to get out of the door for work or a meeting.

· Consider eating pre-prepared meals (or ordering delivery) during periods when you know you will be actively showing the house (like the first two weeks on the market!). This will help with kitchen cleanliness, leave less work for you, and have the significant side effect of making the selling process less crazy-making. Cost a bit extra? Uncle Sam won’t think so, but for yourself, consider it a worthwhile business expense.

Every Costa Mesa real estate agent will agree that kitchens are a key selling point these days, so the effort you put into kitchen control is one of the top ways you have of bringing in top dollar for your Costa Mesa home. Another way -- one I’m happy to offer -- is to call me! I am here to help you make the most of every step of the selling process.

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2012 Was A Great Year For Costa Mesa Based Weichman Realtors

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Sat, 29 Dec 2012 07:12:17 -0800

Our Thanks to the many folks we were able to help achieve their real estate dreams and goals in 2012!

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WEICHMAN REALTORS OPENS NEW STATE-OF-THE-ART REAL ESTATE OFFICE

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Sat, 29 Dec 2012 06:59:12 -0800

WEICHMAN REALTORS OPENS NEW STATE-OF-THE-ART REAL ESTATE OFFICE

Start the new year in a great location!

COSTA MESA, CA—Weichman Realtors, the #1 Real Estate Brokerage in Costa Mesa, is excited to announce that it is moving its corporate office to 1503 South Coast Drive, Costa Mesa.

Conveniently located by the 405 freeway and Harbor Boulevard, it's location and ease of freeway access will allow real estate agents and potentials buyers and sellers to meet in a comfortable setting. With the building’s state-of-the-art technology, Weichman has created one of the most technologically advanced real estate hubs in the region.

With over 30 years experience in Costa Mesa real estate and an already impressive track record as the top brokerage, their new office will provide clients with an even higher level of service. “I’m a third-generation real estate broker. My father and his father have been helping people since 1946, so you could say we’ve made quite a family tradition of helping people,” says Larry Weichman, broker/owner. “Our new office is designed to help people buy and sell in Costa Mesa with more ease than ever before!”

The new office has all the latest tools for agents to succeed:

· Sixteen workstations and five private offices available for the top agents in the region

· Costa Mesa's most visible sales office with over 100,000 passing cars

· In-office printing press

· Color printing

· In-office marketing department

· Escrow coordinator

· Ability to purchase property for our in office "flip" department

· 1st shot at corporate owned bank repos

Weichman Associates-Realtors is a Costa Mesa-based real estate powerhouse. Founded by realtors Larry, Laurie Weichman and Kurt Galitski, they have recruited and groomed a world-class team of professionals have that proudly serve Costa Mesa and the greater Orange County area.

For questions about an upcoming sale or purchase, call Weichman Realtors at 714-863-5739 or email your questions to Larry@WeichmanRealtors.com. Visit www.WeichmanRealtors.com for the latest news and information on the Orange County real estate market.

Costa Mesa Fixer! Just Listed Dec. 2012! Costa Mesa Real Estate Fixer

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Wed, 19 Dec 2012 12:46:00 -0800

Fix and Save in this Costa Mesa single story!

Fix and save in this 5 bedroom single story! 5th bedroom has separate entry way with its own bath! Perfect for mother in law quarters! Price reflects condition and location of home!

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Weichman Associates, Realtors®
Larry Weichman, Broker. REALTOR®
CA DRE# 00573423
www.teamweichman.com | 714-241-4532 | Contact Us

Laurie Weichman , REALTOR®
CA DRE# 00932013

Orange County Investors Eye Continuing Rental Property Surge

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Wed, 19 Dec 2012 07:58:32 -0800

“High rental occupancy and rising rents” was how economic trend-watcher Kiplinger.com summed up 2012– and as the nation counts down to the New Year, owners and future owners of Orange County rental property are clearly anticipating more of the same. Experienced managers have some timely advice for first-time rental property owners as they prepare to lease in the coming year.

Rule #1 for attracting quality tenants, they say, is to be hard-nosed about offering a quality product. Rentals are hot, but that doesn’t mean a property will rent itself – especially when the goal is to attract the kind of conscientious tenant who means a trouble-free income stream.

Touch-up and trim renewal can be a quick, cost-conscious way to add appeal to any rental property. Restoration Hardware’s neutral palate (and Benjamin Moore’s counter-offering) are excellent sources for trim colors which breathe new life and visual interest into just about any décor.

Replacing older carpet is a more costly (though eventually inevitable) way to make a big difference in key first impressions; while simply polishing middle-aged hardware can revitalize an otherwise aged look.

Property managers also suggest replacing older appliances in the kitchen before they become failure-prone. Even where there is no budget for new cabinets and countertops, a little stainless steel can command a higher rent – and literally pay for itself.

Rental properties have been a hot topic for more than a year – but opportunities remain. Whether you are preparing to rent property you already own, or are simply weighing the prospects, the New Year promises to be a propitious time to look into our current Orange County rental property offerings. Sound interesting? Call me!

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(714) 241-4532

1503 South Coast Drive

Costa Mesa, CA 92626

DRE Lic. 00573423

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Selling Agent, Sellers' Agent – What’s the Difference?

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Sat, 15 Dec 2012 10:33:54 -0800

Buyers’ agent, sellers’ agent. In every Costa Mesa real estate transaction, the differences are easy to understand, right? Not quite. A potential linguistic trapdoor can lie right around the corner.

For openers, that sellers' agent may also be called the ‘listing agent’ – both mean the same thing. The ‘trapdoor’ is a further complication that comes into play once a contract is in place -- after which the buyer’s agent may also properly be called the ‘selling’ agent!

The potential confusion between seller’s agent and selling agent doesn’t usually have much practical significance: after all, by then, everyone should know the cast of characters and who represents whom. But it can come into play if buyer or seller are not actually present here in Costa Mesa to keep the names and duties sorted out -- but that’s rarely the case.

What is significant is how the duties of each designated Costa Mesa agent differ in their obligation to you the seller (or you the buyer). Briefly, the buyers' agent helps prospective buyers find properties for sale, and the listing agent helps their home owning clients sell Costa Mesahomes at the most favorable price as quickly as possible.

Both agents have a fiduciary duty to represent their clients’ best interests, which can differ markedly. Nonetheless, in transaction broker states, it is also possible for an individual agent to represent both sides, which carries a special designation known as ‘dual agency.’

Personally, I have found that being a listing agent in Costa Mesa brings me many calls from future buyers who later become clients -- at which point I turn into a buyer’s agent, and after a contract is opened, the “selling agent”! Should you ever become confused (and now you can see how!), just ask your own agent to go over the differences for you. When you pick an agent whose knowledge and integrity are beyond question, he or she will be able to quickly clarify the representation.

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(714) 241-4532

1503 South Coast Drive

Costa Mesa, CA 92626

DRE Lic. 00573423

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Huntington Beach California For Rent! December 2012!

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Fri, 14 Dec 2012 08:07:11 -0800

For Rent End Unit Single Story- Ready Now! - $1,250.00 per month

Bedrooms: 1

Bathrooms: 1

Located on Floor #: 1

Floors in Bldg: 1

Parking Spaces: 1

Property Type: Townhouse

Pets Allowed: None

Year Built: 1963

School District: HB

Agent Name: Liz T

Broker: By Owner!

Rent: $1,250.00 per month

Available Date: Fri Dec 14, 2012

Deposit: 1250

Minimum Lease: 13 months

Included Utilities: No

10230 Ascot Cricle

Hunitington Beach, CA 92646

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Refrigerator
Washer/Dryer
Wall to Wall Carpet
Patio

Clubhouse
Swimming Pool

Additional Storage
Guest Parking

Just available today! Dec. 8th! Nice single story townhome locate just off Adams between Brookhurst & the river bed! Community pool and clubhouse Refrig, washer & dryer are included! Please drive by 1st then contact Laurie at 714-418-3715 to view this lovely home.

Larry Weichman

(714) 863-5739

Web Site: http://www.TeamWeichman.com

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VFLYER ID: 201949001

All information in this site is deemed reliable but is not guaranteed and is subject to change

Rising Confidence May Boost Holiday Tipping

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Fri, 07 Dec 2012 06:42:25 -0800

With the rancorous elections finally behind us and Costa Mesa property prices on the rise, public sentiment is markedly improving. Last week, Neilson released its Consumer Confidence Survey, now showing the strongest level in more than four and a half years.

My guess is that 2012 will likely mark the year that holiday tipping makes a comeback, too. “People are more generous this year because when the economy gets better, people do better.” is what international etiquette expert Jacqueline Whitmore had to say. The founder of the Protocol School of Palm Beach added, “They tend to be happier around the holiday time.”

That’s true outside of Palm Beach, too: many Costa Mesa homeowners who felt forced to become latter day Scrooges during the previous few years may be feeling slightly less anxious about the future of the family budget. Those who feel they want to thank the people who help run their households and maintain their property will, as usual, run into the perpetual query: what’s enough? What’s too much?

Like gift giving in general, tipping is totally optional – if there were hard-and-fast rules, part of the pleasure of giving (and receiving) would be lost. Nevertheless, I thought I would share these guidelines I came across in a story on Yahoo! Finance:

Garbage Collector
Suggested Tip: $15 to $30

Beautician

Suggested Tip: Cost of One Session

Dog Walker
Suggested Tip: One Week's Pay

Extracurricular Instructors
Suggested Tip: Creative Gift

Landscaper/Gardener
Suggested Tip: Cost of One Visit

Personal Trainer
Suggested Tip: Cost of One Session

Mail/Package Delivery
Suggested Tip: Gift

Teacher
Suggested Tip: Gift/Gift Cards

Teacher Favorite Real Estate Blogger

Suggested Tip: Your Next Listing

(Okay, I might have added that last one). But with property values on the rise, if you are considering buying a home this winter, you needn’t let the holidays delay your plans. Sometimes the best time to buy a property in Costa Mesa is when everyone else is out shopping!

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Young Adults Face Rising Need for Co-Signers

Larry Weichman (Weichman Realtors, A Trusted Name In Costa Mesa Real Estate) — Wed, 05 Dec 2012 07:57:03 -0800

You are a newlywed couple in your late 20’s with decent jobs, respectable income, and reasonable credit. You’ve started your search to buy a home in Orange County, but when you walk into the bank to pre-qualify for a loan, to your surprise, you find out… NOT!

You’re not alone. The Federal Reserve studied the problem, and found that in the three years between 2009-2011, just 9% of youngsters between the ages of 29-34 were able to qualify for a first-time mortgage. It had been 17% only 10 years earlier.

It’s no wonder that many have sought alternative financing routes to buy a home, which is why mortgage co-signing is becoming more and more common. Yet before buying a home in Orange County via this route, it’s important to have the consequences – good and bad – squarely before you.

Advantages

The big one is obvious: a Orange County mortgage co-signing may be the only way to buy a home. Importantly, it can also help you secure a better interest rate and the lower monthly mortgage payments that entails.

Once you start making your mortgage payments regularly and on time, a co-signed mortgage can start to help you build (or rebuild) a strong credit rating.

Pitfalls

A mortgage co-signing may help you buy a home in Orange County, but it also has immediate and major impacts on both your and your co-signer's credit. Late payments would affect your co-signer’s credit rating as well as your own. The possibility of adding extra stress to important relationships is potentially very real, since a mortgage lender will attempt to collect payments from your co-signer in the event of a default.

The bottom line? Buying a home is a big step; if you require a co-signer to get approval for a loan in Orange County, it’s important to make sure it is part of a sound long-term financial strategy. I’m here to supply the real estate expertise that helps my clients attain their goals – so if you or your adult children are preparing to buy a home together, do contact me to schedule a sit-down to go over today’s options.

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(714) 241-4532

1503 South Coast Drive

Costa Mesa, CA 92626-5221

DRE Lic. 00573423

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