CONTROVERSIAL POST - WARNING - "The New Medicare Tax YOU Pay when you Sell Your Home" - 09/30/10 11:31 PM
Yes, you read that correctly; under certain circumstances, you could owe a tax when you sell your home. I know what you may be thinking ... well this applies only "to the rich" and it probably won't effect me at all when I sell my home". *
Calculating the New Medicare Tax
The healthcare reform law passed earlier this year includes a little-discussed tax on some forms of real estate transactions.
The tax, which supports Medicare, potentially affects couples with adjusted gross incomes greater than $250,000 a year and singles with incomes above $200,000.
Existing home sale tax breaks remain in … (1 comments)

Bank Takes Back one Home Today on the Palos Verdes Peninsula - 09/29/10 02:10 AM

Dateline 9/28/2010
30924 Marne Drive, Rancho Palos Verdes For more information on homes for sale in Palos Verdes, Palos Verdes real estate, palos verdes homes for sale, palos verdes foreclosures, palos verdes real estate market information as well as quality information on homes for sale in Rancho Palos Verdes, Palos Verdes Estates homes for sale, Manhattan Beach real estate, Hermosa Beach real estate, Redondo Beach real estate, Torrance real estate, Palos Verdes real estate trends, and real estate trends throughout the Beach Cities, Palos Verdes Estates and the South Bay, visit www.homeispalosverdes.com

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How to Buy Foreclosures Without Competition from Deep Pocket Investors - 09/28/10 01:44 PM


How to Buy Foreclosures Without Competition from Deep Pocket Investors Following the lead of Fannie Mae, Freddie Mac is expanding its "First Look" program to give buyers who are looking for a home to live in, rather than flip, an opportunity to buy without competition from investors. Fannie Mae rolled out its "First Look" program nationwide in November 2009, saying it would accept offers only from buyers who intend to be owner-occupants or those using public funds during the first 15 days a Fannie Mae property is on the market. Offers from investors are considered only after the first … (2 comments)

Lunada Bay Bank Auction - BEAT IT! - 09/27/10 12:54 AM
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Palos Verdes Bank Owned Homes 9/24/2010 - 09/25/10 11:37 AM
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01//EN" "http://www.w3.org/TR/html4/strict.dtd"> Dateline: 9/25/2010, Palos Verdes
Banks take two homes on the Palos Verdes Peininsula in the last 24 hours On 9/24/2010, two new recordings occured indicating that banks took the following two homes: 2541 Sunnyside Ridge in Rancho Palos Verdes.  This is a 4br/3ba home of 3,406 sqft on a 23,958sqft lot.   913 Via Mirola in Palos Verdes Estates.  This is a  4br/3ba home of 2,466 sqft on a  7,430 sqft lot. If you would like any more information on either of these properties please contact me.   You can search for foreclosures and … (0 comments)

Proven Strategy to get Multiple Offers at or over Market Equilibrium Price - 09/23/10 05:18 PM
Proven strategy to get multiple offers - fast and at over list price Sometimes a client has particular needs to make 100% sure their home sells fast with a buyer that can act fast, close fast and pay a fair market equilibrium price.   What's the best way to make that happen? It's all about price.  Quite simply, along with a SUPER BLAST marketing strategy making sure that the property's availability is known world wide immediately by all buyers, we choose a grossly under market list price with appropriate protections for the seller.   This generates the activity resulting in multiple … (0 comments)

What are the chances of selling my Palos Verdes home in 30 days? - 09/23/10 01:44 AM
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The World's SECOND oldest profession... Let's face it, for as long as the business of real estate agency has been around, there have been plenty of agents that will say anything just to "get the listing".  It sort of makes real estate brokerage the world's "2nd oldest profession".  In fact we in the business sometimes call this behavior by agents (some would even say most of the agents) "buying the listing". For example, I've talked to dozens and dozens of sellers over my 30 years in the business who've told me when I was interviewing, "George, Agent Madame … (1 comments)

Palos Verdes Real Estate Report – Sheriff has new website for Peninsula Citizens - 09/21/10 05:19 PM
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The Lomita Sheriff’s Station is proud to announce the debut of its new interactive web site located at www.LomitaSheriff.com.
Local residents and community members can access local crime information, pay traffic tickets, request extensions, submit vacation check requests, and more!
Learn about Lomita Sheriff’s Station and the many services it provides, such as volunteer opportunities and the exciting youth Explorer Program. View LA County’s Most Wanted criminals or find out courts dates and visiting hours for someone in custody.
Learn how to join the Reserve POSSE or how to become … (0 comments)

Palos Verdes Real Estate Report - Kitchens: Remodeling Tips, Buying Guides & More - 09/20/10 03:02 PM
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For more information on homes for sale in Palos Verdes, Palos Verdes real estate, palos verdes homes for sale, palos verdes foreclosures, palos verdes market information as well as quality information on homes for sale, sold and how the market is doing in all parts of Palos Verdes, the Beach cities and the South Bay, visit www.homeispalosverdes.com



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A Free Way To Search For California Foreclosures - 09/18/10 01:47 PM

SEARCHING FOR BANK OWNED HOMES FOR SALE & OTHER FORECLOSURES
There seem to be lots of websites out there for searching for foreclosures and with nearly all of them, you either get incomplete data (no addresses) or you have to pay some sort of a fee.
I decided to create a website wherein you can search for foreclosures in the Palos Verdes and South Bay areas and in fact across the entire state of California.  Not only that, but you can search for all sorts of property types including homes, condos, land, commercial property, residential income property etc etc.
The service is offered … (0 comments)

Palos Verdes Real Estate Report - Where Is the Shadow Inventory? - 09/17/10 08:23 PM

For the last year, the real estate industry has been talking about shadow inventory and the coming flood of distressed properties. Where are they?Here’s what’s happening, according to a recent paper by Alan Mallach, a senior fellow the Brookings Institution: Some delinquencies have been resolved through loan modifications or people working out the problems on their own. Banks are getting better at managing short sales. Investors are aggressively buying up properties, sometimes in bulk, directly from the banks or at courthouse auctions so they don’t hit the market. The likeliest outcome, Mallach predicts, is a steady flow of foreclosures over a … (0 comments)

26453 Basswood & 26716 Menominee – Bank takes 2 Ranch Palos Verdes homes today - 09/16/10 01:40 AM
Dateline 9/15/2010Palos VerdesThere are two homes that were taken back by banks today, both in the city of Rancho Palos Verdes.

For more information on homes for sale in Palos Verdes, Palos Verdes real estate, palos verdes homes for sale, palos verdes foreclosures, palos verdes market information as well as quality information on homes for sale, sold and how the market is doing in all parts of Palos Verdes, the Beach cities and the South Bay, visit www.homeispalosverdes.com


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Palos Verdes Real Estate – Report on Behind the Scenes Lender Ripoffs - 09/12/10 06:25 PM


Ever wondered why it's so difficult working with banks on loan modifications?  This will probably get your blood boiling and if it does, shoot off a letter to your Congressman. 


 


For more information on homes for sale in Palos Verdes, Palos Verdes real estate, palos verdes homes for sale, palos verdes foreclosures, palos verdes market information as well as quality information on homes for sale, sold and how the market is doing in all parts of Palos Verdes, the Beach cities and the South Bay, visit www.homeispalosverdes.com

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Palos Verdes Real Estate - PVP Watch Latest Newsletter - 09/12/10 02:59 PM

PVP Watch Newsletter – September 11, 2010
To Our Friends & Supporters
In this Newsletter:
* Annenberg Project at Lower Point Vicente
* RPV – A Charter City
* Marymount – The Continuing Saga
* San Ramon Stabilization Project
* Schools, Unions & Pensions
 
The Annenberg Project.
Comments to the DEIR (Draft Environmental Impact Report) must be received by City Hall no later than this Tuesday, September 15th and should be sent to Planner Ara Mihranian / aram@rpv.com. Some may want to include the Council / cc@rpv.com with their comments as well. We hear comments from many residents with their … (0 comments)

Bank takes Rancho Palos Verdes home on west side of Palos Verdes Peninsula - 09/11/10 01:47 AM
Rancho Palos Verdes, CA9/10/2010 10:33pmBank takes back home today in the Los Verdes area of Rancho Palos Verdes.  MLS Area 173.  This is on the western side of Hawthorne Boulevard between Granvia Altamira and Locklenna Road.Home has 5 bedrooms, 2 1/2 bath is a bit over 2100sqft and on a large lot of over 10,000sqft.The bank took it back for $783,000.  This home sold in '05 for $1,250,000.  THIS HOME IS NOT YET LISTED FOR SALE!  This is an opportune time to get at the "head of the line". For homes of similar size in this area the average $/sqft is … (1 comments)

Palos Verdes Real Estate Report – Airplane Noise from Long Beach Airport - 09/10/10 12:44 AM

Last Tuesday night, the Rancho Palos Verdes City Council voted unanimously to oppose the Federal Aviation Administration’s proposal to change the airspace surrounding Long Beach Airport (LGB) from its current Class D designation to a more restrictive Class C designation as proposed. If the airspace change occurs, residents living both on the Palos Verdes peninsula and in surrounding South Bay cities may experience more general aviation aircraft flyovers and significant environmental changes.
The City hired Williams Aviation Consultants (“WAC”) to investigate the impact this proposed change could have on Rancho Palos Verdes and its neighboring South Bay cities. WAC determined … (0 comments)

Real Estate Trend Charts updated for Week Ending 9/5/2010 - 09/05/10 05:51 PM
Real Estate Trend Charts updated for Week Ending 9/5/2010 Is sale volume increasing or decreasing? Are prices stabilizing? What are the absorption trends for Palos Verdes Real Estate and South Bay Real Estate?
This and more available and updated weekly here



For more information on homes for sale in Palos Verdes, Palos Verdes real estate, palos verdes homes for sale, palos verdes foreclosures, palos verdes market information as well as quality information on homes for sale, sold and how the market is doing in all parts of Palos Verdes, the Beach cities and the South Bay, visit www.homeispalosverdes.com

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10 Inexpensive Ways to Improve Your Home's Appeal & Resale - 09/04/10 12:46 PM
10 Low-Cost Tips to Improve Your Home's Appeal When selling your home, the goal is to sell it quickly for the highest price while investing as little as possible in renovations. With a limited budget and a little effort, you can greatly increase your home's appeal by focusing on what prospective buyers can see on their first visit. The experts at BuyOwner.com offer the following recommendations for preparing a house for sale and staging it for showings.
Tip #1: Refresh the exterior First impressions count when it comes to selling a home. Most buyers won’t even leave their car if … (1 comments)

10 Tips On How To Hire a Remdodeling Contractor - 09/03/10 11:38 AM

Tip #1: Does Your Contractor Have Proof of Insurance? Ask the contractor to have his insurance company mail or fax a copy of his current contractor insurance card to you. If the contractor can't do this - stay away. Why? If there is an accident at your home, you are then liable. This also applies to any sub-contractor or employee that the contractor may use - those individuals should have active insurance cards faxed or mailed to you as well. Tip #2: Did You Check References and See Photos? Ask for at least three references - with two of them … (2 comments)

NATIONAL: July Existing-Home Sales Fall as Expected but Prices Rise - 09/02/10 08:43 PM
July Existing-Home Sales Fall as Expected but Prices Rise Washington, August 24, 2010 Existing-home sales were sharply lower in July following expiration of the home buyer tax credit but home prices continued to gain, according to the National Association of Realtors®. Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, dropped 27.2 percent to a seasonally adjusted annual rate of 3.83 million units in July from a downwardly revised 5.26 million in June, and are 25.5 percent below the 5.14 million-unit level in July 2009. Sales are at the lowest level since the total existing-home sales series … (0 comments)

July Existing-Home Sales Fall as Expected but Prices Rise - 09/02/10 08:40 PM
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01//EN" "http://www.w3.org/TR/html4/strict.dtd"> July Existing-Home Sales Fall as Expected but Prices Rise Washington, August 24, 2010 Existing-home sales were sharply lower in July following expiration of the home buyer tax credit but home prices continued to gain, according to the National Association of Realtors®. Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, dropped 27.2 percent to a seasonally adjusted annual rate of 3.83 million units in July from a downwardly revised 5.26 million in June, and are 25.5 percent below the 5.14 million-unit level in July 2009. Sales are at the lowest … (1 comments)

Palos Verdes Estates Bank Owned Home - Taken by Bank 9/1/2010 - 09/02/10 01:07 AM

Palos Verdes Estates Foreclosure, 9/1/2010 Today at 10:00am, a bank took back at auction the property located at 801 Via Coronel.
This property has been off and on the auction block for MONTHS; postponements due to bankruptcy filings and other issues finally were defeated allowing the bank to proceed with the auction. No 3rd parties were at the auction, so the 1st trust deed lender took the property back for $880,000.
The property has 3 bedrooms, 2 bathrooms, 1790 square feet and sits on a 9650sqft lot (per tax records). It is located in the Lunada Bay section of Palos … (0 comments)

What did Case say (of the Case-Shiller Home Price Index)? - 09/01/10 11:31 AM
courtesy of TBWSDaily.com
if video doesn't display Palos Verdes Real Estate 
 
 
For more information on homes for sale in Palos Verdes, Palos Verdes real estate, palos verdes homes for sale, palos verdes foreclosures, palos verdes market information as well as quality information on homes for sale, sold and how the market is doing in all parts of Palos Verdes, the Beach cities and the South Bay, visit www.homeispalosverdes.com

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The Latest Palos Verdes & South Bay Supply/Demand Report - 09/01/10 10:51 AM
 
Market Supply/Demand Report Palos Verdes Real Estate Sales Transactions South Bay Real Estate Transactions (Please click the "LIKE" button above!) For Sept 1, 2010  MY APOLOGIES!!! The sign in page for the TREND CHART SERVICE was defective (for how long?!) It is now repaired!! The main theme for the today's real estate market is this ... there are PLENTY of buyers out there with cash and who are qualified to buy.  BUT ... they aren't buying UNLESS they perceive that they are getting VALUE for their money AND that they are getting "compensated" for the risk of buying today in … (0 comments)

Palos Verdes Bay Club - 09/01/10 10:46 AM
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George Fotion

Palos Verdes Estates, CA

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Office Phone: (310) 378-2268 x 100

Cell Phone: (310) 346-6467

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Get all information you want on Palos Verdes homes. Palos Verdes is a coastal "bedroom" community in southwest Los Angeles county. It is an affluent area about 13 miles or so south of LAX. Median price of homes is around the $1.3- $1.7mm range with homes starting in the mid $700,000 range and reaching as high as over $10mil. School district is one of the best in the USA. People live here because they enjoy the calm and "family" nature of the area. This is not a hip hop happening place. It's peaceful and quiet. So use this blog to learn about Palos Verdes and the four tiny cities that are located on the Palos Verdes Peninsula


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