thel3: Which Costa Mesa Homeowners Benefit from the Rate Cuts? - 08/21/19 09:54 AM
When interest rates were cut after the Fed’s July meeting, the press was quick to point out that not every homeowner would benefit from the move. As Bankrate.com noted in its lead article How the Fed’s Interest Rate Decisions Affect Mortgage Rates, “the majority of Americans won’t be affected.”
When interest rates were cut after the Fed’s July meeting, the press was quick to point out that not every homeowner would benefit from the move. As Bankrate.com noted in its lead article How the Fed’s Interest Rate Decisions Affect Mortgage Rates, “the majority of Americans won’t be affected.”
That’s true for the moment. … (0 comments)

thel3: 3 Questions to Get New Neighbors Talking - 08/29/18 09:10 AM
When your next home is going to be in an unfamiliar town—whether in Costa Mesa or somewhere else— learning as much as you can about your choice of neighborhoods is a practical starting point. It won’t be long before you’ll find yourself immersed in finding the perfect house—but it can’t be perfect if winds up being in a neighborhood that’s a poor fit for your family.
You can get a general idea of the likeliest areas by doing some online tire-kicking. In addition to querying the obvious places like Facebook and Google, sites like City-Data and NextDoor can supplement your initial research. … (1 comments)

thel3: 3 Strategies for Setting Your Costa Mesa House’s Asking Price - 03/12/18 11:02 AM
 
Selling your Costa Mesa house for the best price sometimes involves a certain amount of luck, but it’s the kind of “luck” that’s a lot more likely when you’ve set out the welcome mat for it. In addition to strategic home preparation and a solid marketing push, selling your Costa Mesa house for the best price also has to do with where that price starts out: that is, the asking price.
Once you have a clear idea of the professional opinion of its market value—that is, a price that aligns with the latest comparable sales data for similar Costa Mesa homes—you have … (0 comments)

thel3: Great home in Eastside Costa Mesa! - 03/02/18 02:46 PM
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thel3: HB Corner Lot Pool Home With RV Access! - 03/02/18 02:35 PM
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thel3: 5 + 5 Winter and Seasonal Notes for Costa Mesa Households ! - 12/13/17 10:19 AM
Over the weekend, at the same time California’s Santa Ana winds were dealing chaos in the west, the premature arrival of winter weather was pounding the other side of the country compliments of Winter Storm Benji. The unprecedented December snowfall started in New Orleans and worked its way all the way up the East Coast to Maine—all of which made last week’s Consumer Reports’ article unusually timely.
CR happened to have published a heads-up on ways to cope when winter storms interfere with daily routines. Costa Mesa winter weather may not regularly trigger Alaskan-level emergency situations, but it’s still a worthwhile … (0 comments)

thel3: Costa Mesa Listing Stalking Addicts Can Be Forgiven! - 12/06/17 08:58 AM
It was right there in the entirely respectable Architectural Digest’s site: an article championing late-night stalking. Happily, it wasn’t the kind of stalking that winds up in a courtroom. The non-crime being confessed to on AD was writer Isabel Galupo’s “addiction” to late night stalking…through the real estate listings.
The author admits to not being at all ready to actually buy a house. She is terrified by the prospect of permanent roots and doesn’t even really understand how a mortgage works. Thus, her nightly browsing is strictly recreational. She can’t resist fantasizing about spacious Spanish colonials in Santa Barbara or quaint little … (0 comments)

thel3: Top 4 Reasons Rental Housing is On the Rise! - 11/22/17 09:39 AM
Whether you are investigating Costa Mesa rental housing activity because you’re looking for an investment or just a place to rent yourself, it’s important to become informed about the state of play in rental housing as a whole. It’s a picture that has been changing rapidly—one that’s unlikely to slow anytime soon.
Much is being written about the growing popularity of rental housing due to younger buyers who either can’t yet afford (or simply choose to avoid) taking on the commitment that homeownership entails. But that’s not the only factor contributing to what amounts to a nationwide shift in rental housing’s popularity.
This … (1 comments)

thel3: Buying Your Costa Mesa House as Slowly as Possible! - 11/08/17 10:45 AM
The goal of owning your Costa Mesa home free and clear is usually thought of as the sunniest eventual outcome of the process that begins with buying your Costa Mesa house. The vision of the day when you make that last mortgage payment is an attractive one: whether in retirement or sooner, a “free rent” future has great appeal.
So when financial planners argue against the wisdom of paying off your mortgage, it makes for interesting reading. One such planner is Ric Edelman, whose article “11 Great Reasons to Carry a Big, Long Mortgage” presents a laundry list of the possible … (0 comments)

thel3: Timing Your Costa Mesa Home Sale Can Be Controversial! - 11/02/17 11:51 AM
Hardly anyone decides to put their own Costa Mesa house up for sale without wondering whether there wouldn’t be a better time to do so. There are a couple of different ways to look at the timing of your Costa Mesa home’s sale—but only one of them is controversial.
Controversial: timing by the calendar. A good number of real estate commentators think that the optimal timing for any home’s sale is during the spring/summer season. In the residential real estate lexicon that’s the “peak selling season.” Statistics validate their point. Since the majority of transactions are in fact initiated during the good … (0 comments)

thel3: Now’s the Time for Costa Mesa Landscaping Tweaks! - 10/27/17 02:40 PM
           Costa Mesa gardening enthusiasts already know this—but for those whose thumbs are anything but green, right now is a special time of year where landscaping is concerned. It’s Costa Mesa’s high season for planting and transplanting!
You don’t have to intend on listing your Costa Mesa home anytime soon to have a vested interest in maximizing your home’s curb appeal. After all, year in and year out the plantings in front and back yards can make all the difference in the kind of impact your property makes—it’s a pride of ownership fundamental. Neighbors and casual passers-by may not realize how much of … (1 comments)

thel3: True Costa Mesa Refi Warriors Land the Best Deals - 10/19/17 02:30 PM
Back when Costa Mesa mortgage interest rates plummeted by 46% in less than four years, it precipitated a sort of refi tsunami. The volume of Costa Mesa refinancings was nothing short of enormous. For the first time in a long time, the benefit for homeowners who could lower their Costa Mesa mortgage interest payments had become all but irresistible to everyone whose home loan predated the plunge. Lenders were swamped—and they loved it!
The current climate for Costa Mesa refi’s is much calmer and considerably less well publicized. Nonetheless, it still holds out the prospect of real savings for homeowners whose current … (0 comments)

thel3: Real Estate Inspection Jitters? Rx: Don’t Freak Out! - 10/13/17 02:03 PM
As worrisome physical symptoms go, house inspection jitters should not be worrisome in the least. Neither Costa Mesa home buyers or their counterparts (Costa Mesa home sellers) need be troubled if they find themselves awaiting the house inspector with mounting anxiety: these are perfectly normal symptoms. My advice echoes HGTV’s prescription for a “Drama-Free Real Estate Rx”—in their words, “Don’t Freak Out.”
The utter normalcy for pre-inspection jitters is indisputable—as is their cause. If you are the seller, you can be perfectly satisfied that you have done everything possible to ensure that your Costa Mesa home is in tip-top shape, and yet … (0 comments)

thel3: Costa Mesa Listing Photos Use New Technology! - 10/04/17 02:01 PM
Some key preparations for the marketing of any Costa Mesa home actually start well before the first showing or open house: they take place in the hours before the Costa Mesa listing photos are taken. Those Costa Mesa listing photos will become the definitive beauty shots—the equivalent of the glamorous depictions that grace product packaging.  
Manufacturers know very well the import of how their product looks on the carton, jar or bag. It’s why top commercial photographers rely on “product stylists” (they’re the experts who sort through 100 bags of potato chips to come up with the two or three that … (0 comments)

thel3: 4 Costa Mesa Home Buying Steps (with Some Adjustments) - 09/13/17 11:09 AM
What a simpler world it would be if Costa Mesa home buying could be reduced to anything like a simple 4-Step process. Even better if those were four easy steps. Actually, without actually coming out and saying so, that’s the tantalizing prospect hinted at on radio financial guru Dave Ramsey’s web site’s “Home Buying Process Made Easy.”
Ramsey is the likable media expert in household budgeting and financial planning. A good deal of his guidance could be summed up in just 2 steps:
1) get out of debt (except for mortgage debt) as soon as humanly possible; then,
2) stay out.
Since that’s not bad … (0 comments)

thel3: Price Change 2! - 08/09/17 01:37 PM
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thel3: Price Change! - 08/09/17 01:35 PM
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thel3: Costa Mesa Asking Prices Can’t Beat this Week’s $10 Example! - 08/09/17 10:11 AM
 It’s true that today’s Costa Mesa asking prices fall into a wide range—occasionally even at temptingly reduced levels. But last week came news of one that I have to admit beat them all by a mile (at least regarding the asking price). This was found in Montclair, New Jersey. CBS interviewed the selling agent. Money Magazine wrote it up. The NAR highlighted it.
Photos made the offering all the more interesting since the asking price was so low—yet the pictures were not, as any well-schooled real estate watcher would have expected, fuzzy images of some run down dump. The shots all showed … (0 comments)

thel3: The L3 Real Estate- founded on Heritage & Hustle - 07/13/17 06:20 PM

We’re built on the philosophy of Heritage & Hustle. 
Historically, there are few words more synonymous with real estate than “LOCATION”. It has always been at the forefront of what is considered top priority when investing in a property. The philosophy is that the better location it has, the more premium it will command. For the most part this is true, but is location unequivocally defined by traditional ideology? It is obvious that any home with an ocean, city lights, or golf course view will always be in high demand. However, the significance of the word location can mean so many other … (0 comments)

thel3: The PST! Factor Helps in Selling Your Costa Mesa House - 07/13/17 09:56 AM
If you see the letters “PST!” in connection with selling a house in Costa Mesa, don’t think it’s someone whispering to get your attention (that would be spelled “psst!”).
The selling-a-house kind of “PST” isn’t something whispered by a black marketeer to keep an off-the-books deal under wraps. There’s no need to speak in hushed tones about PST in polite conversation. When speaking about selling your Costa Mesa house, its meaning is right out there in the open. It may not be on the tip of every homeowner’s tongue as they prepare their home for sale, but its import is undeniable in … (0 comments)

 
Larry & Laurie Weichman, A Tradition of Success (The L3 Real Estate,  A Trusted Name In Orange County Real Estate) Rainmaker large

Larry & Laurie Weichman

A Tradition of Success

Costa Mesa, CA

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The L3 Real Estate, A Trusted Name In Orange County Real Estate

Address: 1503 South Coast Drive, Suite 130, Costa Mesa, CA, 92626

Office: 714-444-HOME #103

Mobile: (714) 863-5739

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