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Feed: Malibu Real Estate - AggScore: 47.0



Summary: Malibu Real Estate


Malibu Real Estate & Homes for Sale

Guide to Buying a House in Malibu and Getting a GOOD Deal


altWhether it's a buyer's market or a seller's market, all homebuyers have one thing in common: they don't want to get ripped off. But how do you know if you're getting a fair deal on the home you're prepared to place an offer on? Read on to find out how to evaluate the price of any home so you can make a sound investment decision.

SEARCH HOMES FOR SALE IN MALIBU

Research Recently Sold, Comparable Properties

A comparable property is one that is similar in size, condition, neighborhood and amenities. One 1,200-square-foot, recently remodeled, one-story home with an attached garage should be listed at roughly the same price as a similar 1,200-square-foot home in the same neighborhood. That said, you can also gain valuable information by looking at how the property you're interested in compares in price to different properties. Is it considerably less expensive than larger or nicer properties? Is it more expensive than smaller or less attractive properties? Your real estate agent is the best source of accurate, up-to-date information on comparable properties (also known as "comps"). You can also look at comps that are currently in escrow, meaning that the property has a buyer but the sale is not yet complete.

In this case, you can actually visit other homes and get a true sense of how their size, condition and amenities compare to the property you're considering buying. Then you can compare prices and see what seems fair. Reasonable sellers know that they must price their properties similarly to market comparables if they want to be competitive.

Look at Comparables That Were on the Market Recently but Didn't Sell

If the house you're considering buying is priced similarly to homes that were taken off the market because they didn't sell, the property you're considering may be overpriced. Also, if there are a lot of similar properties on the market, prices should be lower, especially if those properties are vacant. Check out the unsold inventory index for information about current supply and demand in the housing market. This index attempts to measure how long it will take for all the homes currently on the market to be sold given the rate at which homes are currently selling.

MALIBU REAL ESTATE MARKET CONDITIONS AND LATEST STATISTICS

Consider Market Conditions and Appreciation Rates in the Area

Have prices been going up recently or going down? In a seller's market, properties will probably be somewhat overpriced, and in a buyer's market, properties are apt to be underpriced. It all depends on where the market currently sits on the real estate boom-and-bust curve. Even in a seller's market, properties may not be overpriced if the market is on the upswing and not near its peak. Conversely, properties can be overpriced even in a buyer's market if prices have only recently begun to decline. Of course, it can be difficult to see the peaks and valleys until they're history. Also consider the impact of mortgage interest rates and the job market on the economy.

Are You Buying a For-Sale-by-Owner Property?

A for-sale-by-owner (FSBO) property should be discounted to reflect the fact that there is no 6% (on average) seller's agent commission, something that many sellers don't take into consideration when setting their prices. Another potential problem with FSBOs is that the seller may not have had an agent's guidance in setting a reasonable price in the first place, or may have been so unhappy with an agent's suggestion as to decide to go it alone. In any of these situations, the property may be overpriced.

What Is the Expected Appreciation for the Area?

The future prospects for your chosen neighborhood can have an impact on price. If positive development is planned, such as a major mall being built, the extension of light rail to the neighborhood, or a large new company moving to the area, the prospects of future home appreciation look good. Even small developments like plans to add more roads or build a new school can be a good sign. On the other hand, if grocery stores and gas stations are closing down, the home price should be lower to reflect that, and you should probably reconsider moving to the area. The development of new housing can go either way - it can mean that the area is hot and is likely to be in high demand in the future, increasing your home's value, or it can result in a surplus of housing, which will lower the value of all the homes in the area.

What Is Your Real Estate Agent's Opinion?

Without even analyzing the data, your real estate agent is likely to have a good gut sense (thanks to experience) of whether the property is priced appropriately or not and what a fair offering price might be.

FIND A MALIBU REAL ESTATE AGENT

Does the Price Feel Fair to You?

If you're not happy with the property, the price will never seem fair, even if you get a bargain. Even if you pay a little over market value for a home you love, in the end, you won't really care.

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Search All the Latest Real Estate Listings and Homes for Sale in Malibu

Test the Waters

Even in a seller's market, you can always offer below list price just to see how the seller reacts. Some sellers list properties for the lowest price they're willing to take because they don't want to negotiate, while others list their homes for higher than they expect to earn because they expect to negotiate downward or they want to see if someone will make an offer at the higher price. If the seller accepts your price or counteroffer, you'll get an indication that the property probably wasn't worth what it was listed for and you have a good chance at getting a fair deal. On the other hand, some sellers may underprice their properties in the hope of generating lots of interest and sparking a bidding war. Unlike on eBay, however, the seller doesn't have to simply sell to the highest bidder: sellers can reject any and all offers that don't meet their expectations. If you have your heart set on the property, be warned that some sellers may be offended by lowball offers and refuse to work with you if you chose to employ such a tactic. Also, when you offer less than the list price, you may increase your risk of being outbid by another buyer.

Get an Appraised Value and a Home Inspection

Once you're under contract, the lender will have an appraisal of the property done (usually at your expense) to protect its financial interests. The lender wants to make sure that if you stop making your mortgage payments, it'll be able to get a reasonable amount of its money back when it forecloses on your home. If the appraisal comes in at considerably less than your offering price, you may not be getting a fair deal. In fact, the lender may not even let you purchase the home unless the seller is willing to bring the price down. A home inspection, which is completed after you're under contract, will also give you a way to gauge your offering price. If the home needs many expensive repairs, you'll want to ask the seller to make the repairs for you or discount the purchase price so you can make them yourself.

Find out what your Malibu Home is Worth Now.
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Find out what your home is worth now.  

If you are thinking of selling your Malibu or Westside home or would just like to find out what your home is currently worth, fill in all bedrooms, bath, property address, and full contact information below and a detailed home comparative market analysis report will be created for your home right away.

Click Here to Get Your Current Home Value

Conclusion

When you're shopping for a home, it's important to understand how homes are priced so you can make a sound investment and reach a fair agreement with the seller. Using these tips, you'll be able to make a confident and well-informed offer on any home in any market.

Heather Paul- “Malibu Real Estate Agent” Specializes in High End Luxury Real Estate Home Sales

If you are Thinking of Buying a Home in Malibu or Selling your  Malibu Luxury High End Real Estate

Contact a Malibu Real Estate Agent Today!

SantaMonicaRealEstateAgent,SantaMonicaRealtor
(310)586-0364 or (424)625-1037

Coldwell Banker Residential Brokerage

 

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Date Published: Sep 17, 2011 - 3:51 pm



Malibu Real Estate Market


MALIBU REAL ESTATE MARKET UPDATE 

Everyday I get asked "What is the Current Malibu Real Estate Market like?"  I usually answer, "It Depends, are you looking to buy, sell, or invest?  But, lately it is actually a very balanced real estate market in Malibu and it is now a GOOD time to buy, sell, and invest in Real Estate here.  Malibu homes for sale are selling very quickly and many times with multiple offers, there is some amazing homes currently for sale in Malibu, below are some of the Best of the Best Homes currently available in the Malibu Real Estate Market.

 Find a Local Malibu Real Estate Agent

If you are thinking of Selling Your Malibu home, find out what it is worth right now.

 

homevalue1DidyougototheFestivalofBooks?Whatdidyouthink?Find out what your Malibu home is worth now.

 

If you are thinking of selling your Malibu home or would just like to find out what your home is currently worth, fill in all bedrooms, bath, property address, and full contact information below and a detailed home comparative market analysis report will be created for your home right away.

Click Here to Get Your Current Home Value

 

 

Malibu Real Estate Market Stats

33332LatestMalibuRealEstateMarketStatsMalibu, Ca showcases some of the most luxurious homes in the nation. Malibu luxury real estate is also desired by some of the most famous celebrities around.  Take a look at the latest Malibu Luxury Homes for Sale and the Latest Malibu Real Estate Market Statistics below.


 

 

LATEST REAL ESTATE MARKET STATISTICS FOR MALIBU, CALIFORNIA 

 

LatestMalibuRealEstateMarketStats

LatestMalibuRealEstateMarketStats

LatestMalibuRealEstateMarketStats

LatestMalibuRealEstateMarketStats

LatestMalibuRealEstateMarketStats

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SEARCH ALL MALIBU LUXURY HOMES-MALIBU LUXURY REAL ESTATE LISTINGS

HOT MALIBU REAL ESTATE LISTINGS FOR SALE:

Malibu Real Estate

ar130369891112351SantaMonicaSalesTaxisGoingUp:WillYouKeepShoppinginSantaMonicaorSpendYourTimeandMoneyElsewhere?       Call Me Today for All Your Malibu Real Estate Needs!

    Heather Paul, Realtor (310)586-0364 or (424)625-1037

                 “Your Local Malibu Luxury Real Estate Expert”

                    www.HeatherPaulOnline.com

 

 

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Date Published: Jul 17, 2011 - 4:32 pm



Buying Malibu Home for Cash Advantages for Paying Cash for your Next Malibu Home Purchase


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Malibu Real Estate & the Advantage of Buying Your Next Malibu Home Purchase for Cash!
I wanted to share with you some of the benefits of buying your next home for cash. The old term CASH is King still does apply and will greatly help you when buying your home by cash. 
Question: What are the Benefits to Paying Cash for a Home?
A reader asks: "We aren't bragging or anything, but my wife and I have saved enough money to pay all cash for a home. We know we might get a better rate of return in the stock market, but with prices the way they are in Los Angeles, we believe that a seller might give us a break on price if we pay cash. What are the benefits to paying cash for a home?"
Answer: Good for you for setting aside money to buy a house. Very few buyers are disciplined enough to save enough to pay cash for a house, much less a home in California. Prices are astronomical here as compared to the rest of the country.

 

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Depending on the temperature of the marketplace, paying cash has its benefits from a seller's point of view. Now, some experts might argue that it's always cash in the end, and it is. But getting to the "end" prevents some buyers who are using financing from getting there.

Reasons Why Sellers Like All Cash Offers

Sellers will often accept an all-cash purchase offer over a higher priced offer with conventional or FHA loan financing. That's because they know the cash offer is more likely to close. It involves fewer stumbling blocks. And sometimes a bird in the hand is worth two in the bush, so to speak.

  • No Appraisal Contingency.

    Appraisals are like . . . no, I'm not going to repeat that colloquialism, but everybody has an opinion. Appraisals are not cast in gold. The most common method is reliance on comparable sales, known as the comparative method, which involves choosing 3 properties and comparing those values to the property in question, adjusting upward or downward for updates / missing features.

    If a home does not appraise for the purchase price and the buyer is obtaining a loan that requires a 20% down payment or less, the lender will not lend unless the buyer coughs up more cash or the seller discounts the price. There are other options for dealing with a low appraisal, but they can also spell contract cancellation.

  • No Loan Funding Contingency.

    Even though a buyer may be fully qualified to buy a home at inception, a hundred things can come up during the loan process. Apart from the home itself not qualifying, to conditions for loan approval that a buyer cannot meet, to loans that were once available drying up during escrow.

    More commonly, lenders deny loans because the buyers' qualifications change upon further scrutiny. Maybe the buyer wasn't fully employed in the same occupation for the past two years, perhaps financial situations were altered prior to closing such as the buyer purchasing a new car or worse, maybe the buyer was unwittingly a victim of identity theft.

  • Faster Closing.

    A buyer does not need 30 or 45 days to close if the buyer is not obtaining a loan. Once the home inspection and other contingencies have been satisfied or released, closing can take place in as little as seven days, providing the buyer is willing to sign a lead paint waiver.

    A faster closing puts money into the seller's pocket sooner. There are also fewer things that can go wrong in a short escrow period.

Benefits to Buyers to Pay Cash for a Home

When REO lenders have a lot of foreclosures in their portfolios, often the lender will discount the list price of the home in hopes the property will attract multiple offers. Buyers who pay cash for REO homes tend to win multiple offer situations. But there are other benefits for buyers:

  • No mortgage payment

     

  • Sense of security

     

  • Available equity in the event of a financial emergency

     

  • Market fluctuations do not matter

     

  • No restrictions on title transfer due to underlying loan
Contact a Local Malibu Real Estate Agent to Assist you with your Cash Home Purchase, they can provide a wealth of knowledge of the local area as well as help you expertly negotiate the best deal on the home you with to purchase. 
If you have a home to sell in Malibu or other area, before you with to purchase your next Malibu home for cash,
Find out what it is currently worth for free, click here:

  1. ar130369891112351SantaMonicaSalesTaxisGoingUp:WillYouKeepShoppinginSantaMonicaorSpendYourTimeandMoneyElsewhere?       Call Me Today for All Your Malibu Real Estate Needs!

        Heather Paul, Realtor (310)586-0364 or (424)625-1037

                     “Your Local Malibu Luxury Real Estate Expert”

                        www.HeatherPaulOnline.com

     

     

     

     

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Date Published: Jul 17, 2011 - 4:04 pm


Malibu Real Estate: Determining the BEST List Price When Selling a Home in Malibu


sellMalibuhome,sellingMalibuhouse,MalibuhomesalesWhen Selling your Malibu home, one of the first steps you will take is setting an asking price or also known as a listing price for your home, a maneuver that requires the ability to find the perfect balance between attracting solid offers and ultimately receiving top dollar.

 We highly recommend working with a Local  Malibu Real Estate Agent or Realtor, they can provide you with a vast amount of information about the local  Malibu Real Estate Market such as the recently sold homes in Malibu, current homes on the market-which your home will be in direct competition with, and some of the best tips on selling your Malibu home for the highest price.  You'll probably hear talk of fair market value, which typically means the highest value an educated buyer will pay. Fair market value is usually not the asking price.

 Many Malibu Real Estate Agents will begin by conducting a competitive home market analysis of your house and give you an estimate of the fair market value of your home, which is a range that will fluctuate depending on the housing market in your area and how much similar homes in your neighborhood are selling for. This is offered free, contact a Malibu Real Estate Agent now to find out what your home is currently worth. sellBeverlyHillshouse,sellingBeverlyHillshome

 While overpricing to some degree can be beneficial, you'll still want to be careful and avoid pricing your home too high, which almost always is nonproductive.

 

As you work with your Malibu Real Estate Agent and set your listing price, you'll want to recognize the factors that may prompt you to raise your asking price too much when it isn't warranted. Some of those factors include:

  • Upgrades have been added. While many home improvements will help you recoup a good chunk of your investment, it won't give you 100 percent of what you paid. Also, the more personal the improvement—a swimming pool, a sunroom, purple floors—the less likely it will be viewed favorably by potential buyers.
  • The need for money.
  • You're moving to a higher-priced area.
  • The original purchase price was too high.
  • The seller lacks factual comparable sales to prove what the market value is.
  • The seller wants bargaining room (listing more than 1-3 percent above market value actually reduces bargaining power).
  • An unnecessary move, so you're not motivated.

Generally, the asking price—the price advertised when it goes on the Malibu real estate market—is set slightly higher than market value, usually 1 to 3 percent above market value.

You should assume that negotiation will be necessary to reach an agreement with the buyer. If you price your home too much above market value, you'll get fewer showings and offers in which the potential buyer is fishing to determine how low you'll go.  Most homes priced correctly from the beginning, sell very quickly and also bring in multiple offers.

sellingBeverlyHillshomehouse,BeverlyHillshomesellingtips

 You'll want to establish your priority list: Are you more concerned with selling quickly or getting the most money possible for your Malibu home? You'll also want to contemplate whether you think the real estate agent's suggested price is reasonable and whether you'd pay that amount if you were a buyer.

 Good news for the Malibu Real Estate Market, homes are selling very quickly right now.  Malibu is experiencing limited inventory of good homes on the market and home prices have inches up steadily.  If you are thinking of selling your Malibu home , find out what it is worth today. These steps will help you get your Malibu home sold quickly and without the stress of having your home just sit on the market.  

We wish you much success in selling your Malibu home and are available to assist you with the successful sale!

 

homevalue1DidyougototheFestivalofBooks?Whatdidyouthink?Find out what your Malibu home is worth now.

 

 

If you are thinking of selling your Malibu home or would just like to find out what your home is currently worth, fill in all bedrooms, bath, property address, and full contact information below and a detailed home comparative market analysis report will be created for your home right away.

 

Click Here to Get Your Current Home Value

 

 


 

 

Heather Paul- Malibu Real Estate Agent Specializes in High End Luxury Malibu Real Estate Home Sales

If you are Thinking of Buying a Home in Los Angeles or Selling your Malibu Luxury High End Real Estate

Contact the Top Malibu Real Estate Agent Today!

  1. ar130369891112351SantaMonicaSalesTaxisGoingUp:WillYouKeepShoppinginSantaMonicaorSpendYourTimeandMoneyElsewhere?       Call Me Today for All Your Malibu Real Estate Needs!

        Heather Paul, Realtor (310)586-0364 or (424)625-1037

                     “Your Local Malibu Luxury Real Estate Expert”

                        www.HeatherPaulOnline.com

     

               FacebookAddBeverlyHillsCelebrityRealEstateAgent TwitterFollowBeverlyHillsCelebrityRealEstateAgent

 

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Date Published: Jul 17, 2011 - 3:53 pm


Malibu Luxury Homes-Malibu Luxury Real Estate Listings


altMalibu, Ca showcases some of the most luxurious homes in the nation! Malibu luxury real estate is also desired by some of the most famous celebrities around.  Take a look at the latest Malibu Luxury Homes for Sale below.

Find a Local Malibu Real Estate Agent

 

 

SEARCH ALL MALIBU LUXURY HOMES BELOW

NEW LISTINGS-MALIBU LUXURY HOMES-LUXURY REAL ESTATE LISTINGS IN MALIBU, CA

Showing properties 1 - 50 of 362. See more city of Malibu real estate
(all data current as of 6/24/2011)

  1. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    4 beds, 4.0 baths
    Home size: 3,824 sq ft
    Lot size: 7,789 sq ft
    Year built: 1991
    Parking spots: 3
    Days on market: 3
    Walk Score®: 28
  2. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    4 beds, 3 full, 1 part baths
    Home size: 4,350 sq ft
    Lot size: 10.43 ac
    Year built: 2001
    Parking spots: 3
    Days on market: 5
    Walk Score®: 0
  3. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    4 beds, 4.5 baths
    Lot size: 20,038 sq ft
    Parking spots: 2
    Days on market: 5
    Walk Score®: 22
  4. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    2 beds, 2.0 baths
    Home size: 1,488 sq ft
    Lot size: 2.60 ac
    Year built: 1976
    Parking spots: 3
    Days on market: 5
    Walk Score®: 9
  5. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    7 beds, 9.5 baths
    Home size: 11,741 sq ft
    Lot size: 1.22 ac
    Year built: 1999
    Parking spots: 5
    Days on market: 5
    Walk Score®: 22
  6. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    6 beds, 9.5 baths
    Home size: 8,764 sq ft
    Lot size: 1.11 ac
    Year built: 1993
    Parking spots: 8
    Days on market: 5
    Walk Score®: 37
  7. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    4 beds, 3.5 baths
    Home size: 3,341 sq ft
    Lot size: 13,765 sq ft
    Year built: 1975
    Parking spots: 2
    Days on market: 5
    Walk Score®: 25
  8. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    5 beds, 5.5 baths
    Lot size: 7,392 sq ft
    Days on market: 8
    Walk Score®: 77
  9. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    4 beds, 3.0 baths
    Home size: 2,724 sq ft
    Lot size: 35,279 sq ft
    Year built: 1968
    Days on market: 8
    Walk Score®: 8
  10. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    4 beds, 3.0 baths
    Home size: 2,381 sq ft
    Lot size: 14,645 sq ft
    Year built: 1962
    Parking spots: 4
    Days on market: 10
    Walk Score®: 37
  11. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    4 beds, 3.0 baths
    Home size: 2,732 sq ft
    Lot size: 36,586 sq ft
    Year built: 1986
    Days on market: 10
    Walk Score®: 0
  12. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    4 beds, 3.0 baths
    Home size: 2,732 sq ft
    Lot size: 36,586 sq ft
    Year built: 1986
    Days on market: 10
    Walk Score®: 0
  13. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    4 beds, 5.0 baths
    Home size: 7,810 sq ft
    Lot size: 4.28 ac
    Year built: 1995
    Parking spots: 3
    Days on market: 11
    Walk Score®: 6
  14. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    3 beds, 3.5 baths
    Home size: 4,248 sq ft
    Lot size: 17,376 sq ft
    Year built: 1979
    Parking spots: 4
    Days on market: 12
    Walk Score®: 32
  15. $4,150,000 : 5959 Murphy Way, Malibu
    0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    6 beds, 6.0 baths
    Home size: 5,749 sq ft
    Lot size: 1.62 ac
    Year built: 1997
    Days on market: 15
    Walk Score®: 0
  16. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    3 beds, 3.0 baths
    Home size: 3,066 sq ft
    Lot size: 2.41 ac
    Year built: 2011
    Parking spots: 8
    Days on market: 16
    Walk Score®: 9
  17. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    5 beds, 5.5 baths
    Home size: 5,998 sq ft
    Lot size: 23,958 sq ft
    Year built: 1991
    Parking spots: 9
    Days on market: 16
    Walk Score®: 45
  18. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    3 beds, 4.0 baths
    Home size: 2,568 sq ft
    Lot size: 4,787 sq ft
    Year built: 1981
    Parking spots: 2
    Days on market: 17
    Walk Score®: 15
  19. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    4 beds, 3.5 baths
    Home size: 2,059 sq ft
    Lot size: 27,129 sq ft
    Year built: 1983
    Days on market: 17
    Walk Score®: 3
  20. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    6 beds, 7.5 baths
    Home size: 7,692 sq ft
    Lot size: 1.98 ac
    Year built: 2011
    Days on market: 18
    Walk Score®: 5
  21. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    5 beds, 5.5 baths
    Home size: 5,784 sq ft
    Lot size: 41,382 sq ft
    Year built: 2005
    Days on market: 18
    Walk Score®: 8
  22. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    3 beds, 5.5 baths
    Home size: 3,848 sq ft
    Lot size: 24,389 sq ft
    Year built: 1958
    Days on market: 19
    Walk Score®: 63
  23. 0mediumMalibuLuxuryHomesMalibuLuxuryRealEstateListings
    5 beds, 4.5 baths
    Home size: 6,769 sq ft
    Lot size: 38,328 sq ft
    Year built: 2007
    Parking spots: 3
    Days on market: 19
    Walk Score®: 58
Find out what your home is worth now.If you are thinking of selling your Los Angeles or would just like to find out what your home is currently worth, fill in all bedrooms, bath, property address, and full contact information below and a detailed home comparative market analysis report will be created for your home right away.Click Here to Get Your Current Home Value

ar130369891112351DidyougototheFestivalofBooks?Whatdidyouthink?       Call Me Today for All Your Real Estate Needs!

     Heather Paul, Realtor (310)586-0364 or (424)625-1037

                  “Your Local Real Estate Expert”

                     www.HeatherPaulOnline.com


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Date Published: Jun 24, 2011 - 11:13 pm


#1 Short Sale Real Estate Agent in Malibu, California


Are you under water on your current home mortgage and unsure of what to do next? A Short Sale could be your answer! You are not alone, hundreds of thousands of people are facing the exact same feats as you.  Are you considering letting your home go to foreclosure?   

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You DO have options, here are some of the options available to you that we highly recommend: 
1.  First- Talk to a local real estate agent Short Sale Specialist "Make sure you find One that specializes in Short Sales" They can be a huge asset to you and the future of your home.  We recommend Heather Paul, #1 Short Sale Real Estate Agent serving all areas of Los Angeles County.  Heather Paul, Realtor of Coldwell Banker specializes in helping homeowners avoid foreclosure and successfully sell their home as a short sale, having expert knowledge of the entire short sale process to help you expedite the relief available to you.  Do not let your home go to foreclosure, you may be done and out financially right now, however a foreclosure will affect you in every way for up to 10 years.   
Here is a website link to contact an Expert Short Sale Real Estate Agent in your area to assist you in  the short sale process for your home or property and answer any questions you may have.   
http://santamonica-realestateagent.com/contact-us/

2. Contact your Mortgage Lender right away!  Most mortgage lenders will be willing to work with you, but you must contact them and request a loan modification.  Approximately 2 out of 5 mortgage loan modifications are approved.  There are specific requirements for loan modifications, a loan short sale real estate agent can also assist you with a loan modification.  Be careful of loan modification companies advertising they can assist you to do this for a fee, only licensed real estate agents can assist you with a loan modification, and they should not charge you a fee for this service, also if the loan modification is not accepted they can easily assist you with performing a short sale on your property or home if you wish, and it's completely confidential. 


We highly recommend selling your home via short sale rather than allowing it to just go to foreclosure, this will detrimentally hurt you in the future.   

Contact a Short Sale Real Estate Agent Expert Now      http://santamonica-realestateagent.com/contact-us/ 
     Call Directly (310)586-0364 or (424)625-1037

Permalink

Date Published: Mar 22, 2011 - 7:21 pm


How to Lower Closing Costs When Buying a House


When buying a home, you'll need to consider how much cold, hard cash you'll need to cover the down payment as well as closing costs. Closing costs are fees associated with a home purchase that are paid at closing.* 
howtocutclosingcostwhenbuyingahome
Since closing costs can run an additional $5,000 to $10,000 on top of your cash down payment, you will probably want know what those closing costs will include. It may take some work, but it will be worth in the end when you avoid spending unnecessary money. 

Here are eight tips for how you can reduce your closing costs:

1. Shop around for lenders

Most lenders will volunteer their menu of products and corresponding interest rates, and many will provide an estimate for closing costs if you ask for one. Once you have a handful of estimates, compare the costs. 

Tip: If you have a good credit score then going to a bank or mortgage lender directly may be a better option. 

2. Reduce fees not performed by 3rd parties

Third party costs include the title search, appraisal, attorney's fees, credit report and title insurance. There is usually very little variation in these charges among mortgage companies and lenders because these costs reflect actual costs that are incurred. Fees for services not performed by third parties, however, such as courier, express mail and other administrative services, typically have room for cost reductions. 

3. Go for a zero-point option or reducing points

Paying points may help reduce your interest rate. (Each point is one percent of the loan amount.) Although, if you are short of money for closing costs, then you could consider paying for lesser or no points. This depends on the mortgage you select and your financial situation. 

Tip: Consider reducing the points and instead adding to the down payment. This way you will be reducing the loan balance and get better rates and terms with a higher down payment. 

4. Close later in the month

Lenders usually collect interest for the current month at closing, so if you close later in the month, the lender will only collect a few days of interest, reducing your closing costs and saving you some money. This is effective especially if your loan balance and interest rate is high. 

5. Negotiate with the home sellers

Another way to cut back is to ask the home sellers to credit you money to pay for some of your closing costs. When you ask sellers to do this, however, take into account that you are asking them to accept less for their home. 

6. Shop around for mortgage brokers

Mortgage broker fees depend on what the loan officer wants to charge (nowadays up to five percent). Mortgage brokers earn commissions in exchange for bringing borrowers and lenders together. Usually, the broker's commission is paid indirectly by the buyer, in the form of closing costs or additional loan points. Shop around for the best rate, and ask your Realtor for recommendations. 

7. Talk to your Realtor®

Realtors also ask for an average of a four to six percent commission in exchange for their services. Keep in mind that many Realtors will ask which services to reduce if they were to reduce their commission rate. Regardless of whether they negotiate with you, asking your Realtor may also present several other options for how you can cut back on closing costs. 

8. Beware of "junk" or "garbage" fees These fees are the excessive processing and documentation fees for settlement costs, underwriting fees and application fees, which might be little more than alternative names for the same services you're already paying for.

Saving a little here and a little there could end up making a big difference. Doing some research, paying attention to small details, asking for reductions, and speaking to your Realtor before you sign on the dotted line could save you hundreds of dollars. It may not be likely you'll be able to bring down your closing costs to zero but it is possible to reduce the overall amount.

 

  • searchforhomesforsale,SantaMonica,Brentwood,BeverlyHills,Malibu

 

 

 

 

HeatherPaul,SantaMonicaRealestateagents,SantaMonicarealtorsCall Me Today for All Your Real Estate Needs!

Heather Paul, Realtor  (310)586-0364

"Your Local Real Estate Expert"

 

 

Permalink

Date Published: Mar 12, 2011 - 10:45 pm


How to Win Home Bid Offer When There Are Multiple Offers


Often times people find themselves in a multiple offer situation, whether it's the time of year, a very desirable home or an appealing listing price. How can you increase your chances of winning against competing home buyers? 

Although the winner is usually the most qualified home buyer with the best price and the fewest strings attached, there are some other secrets to winning the bid. Not all buyers are interested in more than just price, and that makes knowing what to offer in this type of situation critical.

howtomakeanofferonahome,house,condo,property

9 Tips to Winning A Multiple Offer Home Bid 

HIGHEST OFFER 

The winning buyer in a multiple offer presentation is often the one who makes the highest offer, pure and simple. Learn as much as possible about local market values. Look at comparable properties. Ask your REALTOR® to prepare a comparative market analysis (CMA) of the property that will tell you recent selling prices of comparable properties. When market values are rising, there may be a bit of guesswork involved in pricing. You may need to pay more than yesterday's comparable sales in order to be the successful bidder. 

CLEAN OFFER 

A clean offer means that it has few contingencies, which means certain conditions that must be satisfied in order for the sale to go through. Typical home purchase contract contingencies include financing, inspections and the sale of another home. Put yourself ahead of the crowd by limiting as many conditions as possible before presenting your offer, however, do not forego important - and expensive - things that need to be fixed, e.g. a cracked foundation or leaking roof. 

REQUEST A PRE-INSPECTION 

Home buyers who know they have competition will often have properties inspected before an offer is made. Ask your REALTOR® to find out if other buyers are having pre-sale inspections done. If so, you may want to ask the sellers for permission to complete a home inspection, and any other inspections you believe necessary. This will enable you to make an offer that doesn't include an inspection contingency. 

APPROVAL LETTER UP FRONT FROM YOUR LENDER 

Although you may not be able to get completely approved for financing on a new home before you make an offer, you can get preapproved for a loan. If you find a place to buy before you are preapproved, submit a loan application to a lender or mortgage broker and have your credit checked before writing an offer. The loan agent can then write a letter stating that the loan application was submitted and the credit is acceptable. This way the home sellers know the home sale will be more likely to go through without financing issues.

MONEY DOWN 

If you can put 10 to 20 percent down, the sellers will be more impressed with that amount than a five percent down payment. You may be able to change your financing terms later but what matters is the money is at the table at closing. 

EARNEST MONEY DEPOSIT 

Putting as much of your down payment into your earnest money deposit makes a very strong impression when you write the offer. The "earnest money" is part of your down payment which you simply put down a month earlier. This lets the seller know of your intentions because if the seller accepts your offer and you break the contract, you would lose your earnest money deposit. 

TRUST YOUR REALTOR® 

Your real estate agent has the ability and knowledge to influence and impact your decisions throughout the offer process and presenting the offer itself. Trust your Realtor's advice and guidance. They do this for a living and are working for your benefit. 

COPIES OF REPORTS 

Again, find out all you can about the property before writing an offer. Get copies of any existing reports and seller disclosures. If they seem adequate, let the sellers know that you have read and approved the reports. 

PERSONAL APPEAL 

Find out as much as you can about the home sellers and their situation. Attempt to meet the sellers face to face to let them know how much you love their home. Or write a letter about why you would love to live in the house. Some sellers are influenced by emotional appeal, particularly if they're looking at multiple, similar offers. Find out when the seller wants to close, and offer post-occupancy agreements in case the sellers need to stay while they find a new place to live. These steps will help you stand out from the rest.

These are a few ways to try to win a multiple bidding situation on a home. Trust your Realtor to help you beat out the competition and remember to appeal to the home seller's emotional side, especially if they have lived in the house a long time. It can't hurt to try! If you don't win the first time, you'll most likely be able to find another home you love. With any luck, next time perhaps you can avoid a bidding war.

 

  • searchforhomesforsale,SantaMonica,Brentwood,BeverlyHills,Malibu

 

 

 

HeatherPaul,SantaMonicaRealestateagents,SantaMonicarealtorsCall Me Today for All Your Real Estate Needs!

Heather Paul, Realtor  (310)586-0364

"Your Local Real Estate Expert"

 

 

Permalink

Date Published: Mar 12, 2011 - 9:55 pm


MALIBU REAL ESTATE-INVENTORY OF MALIBU HOMES FOR SALE RISES


Malibu Real Estate Inventory Slowly Creeps Up, So Does Home Sales

Malibu2

As reliable as the sun rising over LAX and setting toward Oxnard, the Malibu real estate market can count on one trend: However many houses are on the market in January, it will grow to a higher number in July.

It happens every year. Many potential sellers keep their homes off the market during winter months and then put them on during spring, with the peak of inventory coming in July or August.

More uncertain is the month-to-month changes. Frequently, as patterns established over the years demonstrate, the change in total homes listed from one month to the next is moderate and predictable.
Maliburealestatemarketstatistics,Malibuhomesforsale

That was not the case in February. Last month saw an unusually high increase in listings, far more than typical. The number of active listings in Malibu went from 236 homes during January to 260 in February.

By comparison, recent years had this outcome: January 2008 had 142 homes for sale; February, 157. January 2009 had 210; February, 218. January 2010, 230; February, 230.

The sudden 10 percent increase of inventory is very rare. Only in January-February 1996 (268-297 homes for sale) has there been an equivalent leap, as well as March-April 2006 (140-160).

If the recent adjustment parallels 1996, it could have important implications on the Malibu market. That year, coming toward the end of an exhausting period (1991-1996) of stagnant or lower prices, saw the inventory continue to balloon to a high of 367 homes, far outpacing demand numbers that year.

It may be there are two types of “shadow” inventories looming over Malibu. The more familiar one, mentioned often in the media, is that of the banks taking on foreclosure properties, or preparing to. The market awaits yet more REO (real estate owned by the lender) properties once many of the current mortgage deficiencies are processed.

Secondly, however, may be standard homeowners; the aggregate of individuals who just wish or need to make a move. Resignation and acceptance of current real estate values may be afflicting individuals who have been trying to time the market. Many folks have grown exhausted with their status quo. Prices be damned, it is time to move on with my life, seems to be the growing reflection.

The number of listings in February (residential property of one to four units in the 90265 ZIP code) uses a count exactly as made every month since mid-1994. At 260, it is not only more than any other February since 1999, it is also about the same as last June. 2011 already has a four-month jump on last year's supply levels.

Some new sellers may have hit the market and feel it is a better time now to try to sell.

They postulate: buyers are more anxious to strike; prices are finally going up; market times are shorter.

The truth: possibly; false; and false.

With regard to market times, they have stabilized in the 10-month range. That is, the average listing is on the market through the close of escrow for 10 months. It has been at that echelon for about a year. That period only includes the most recent marketing effort with the most recent broker-often, several years of effort with various brokers are also part of the pact.

REO sales will bring marketing times down, but short sales still drag out many transactions. The latter is more prevalent, currently.

Meanwhile, it is considered very likely that the number of sales will increase this year over last. That is the general trend of the last six months of 2010. With prices about 40 percent lower than the peak, buyers are, indeed, possibly more willing to strike. The California Association of Realtors predicts increased sales this year, at least throughout the state.

The hope for the much-sought revival of values depends on demand catching up to-and surpassing-supply. Chances of that happening this year have been dimmed, however, based on early returns. In fact, the opposite has been true: sales have started at a mediocre pace; the jump in listings has only expanded the gap.

Just as the February listing boom was unpredictable, the next development may be also. Perhaps sales will surge ahead in the spring? Or perhaps inventory will top 300 sooner than later and cast a darker cloud over local prices? At some point the paths will cross, demand topping supply. Buyers hope that day comes yet later, resulting in yet more salivating values. Sellers, many already strained, hope the competition just stays away.

Here are some of the fabulous Malibu homes for sale on the market currently.

 

Malibu Real Estate

 

Permalink

Date Published: Mar 10, 2011 - 10:46 pm


Malibu Ocean Front Beach House-Pacific Coast Highway Meets Paradise!


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Photofor32232PacificCoastHighway,Malibu,CA90265(MLS#11502897)
Price $14,950,000
Beds 4
Baths 3.5 baths
Home size n/a
Lot Size 104,108 sq ft
Days on Market 40
Truly one of Malibu's most spectacular settings located on the pristine shore of El Matador Beach. Restored by well known designer, Michael Lee, this renowned stone house incorporates architectural details imported from Buenos Aires, Majorca and Marseille and features the most incredible 270-degree coastline views. The interiors exude old world charm and include open living area, designer kitchen, 4 bedrooms and 3.5 baths. Expansive stone verandas wrap around the ocean side of the home on both levels and offer the perfect opportunity to entertain or just enjoy the majestic scenery. A unique stone amphitheater with reflecting pond provides for a variety of uses. Gorgeous grounds and gardens were designed by Maureen Barnes. Boasting approximately 266 feet of frontage this rare property must be seen to be appreciated.
Tinyphotofor32232PacificCoastHighway,Malibu,CA90265(MLS#11502897)

Tinyphotofor32232PacificCoastHighway,Malibu,CA90265(MLS#11502897)

Tinyphotofor32232PacificCoastHighway,Malibu,CA90265(MLS#11502897)

Tinyphotofor32232PacificCoastHighway,Malibu,CA90265(MLS#11502897)

Tinyphotofor32232PacificCoastHighway,Malibu,CA90265(MLS#11502897)

Tinyphotofor32232PacificCoastHighway,Malibu,CA90265(MLS#11502897)

Tinyphotofor32232PacificCoastHighway,Malibu,CA90265(MLS#11502897)

Tinyphotofor32232PacificCoastHighway,Malibu,CA90265(MLS#11502897)

Tinyphotofor32232PacificCoastHighway,Malibu,CA90265(MLS#11502897)

Tinyphotofor32232PacificCoastHighway,Malibu,CA90265(MLS#11502897)

Tinyphotofor32232PacificCoastHighway,Malibu,CA90265(MLS#11502897)

Tinyphotofor32232PacificCoastHighway,Malibu,CA90265(MLS#11502897)

Property Type(s): Single Family, Residential
Last Updated 2/11/2011 Tract n/a
Year Built 2008 Community Malibu Beach
Garage Spaces n/a County Los Angeles
Total Parking n/a

Walk Score

®
6

Schools

Elementary School Juan Cabrillo
High School Malibu High
Middle School Malibu Park

Additional Details

CARETS Listing Status Active Total Floors 2
HOAFee1 0.0 Zoning LCRA10000*
Tax Parcel Number 4473014004

Features

Appliances Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
Bathroom Features Powder Room
Building Structure Style Architectural (N)
Common Walls Detached/No Common Walls
Cooking Appliances Built-Ins, Range, Range Hood
Cooling Type Central A/C
Eating Areas Breakfast Area (N), Dining Area
Fire Place Fuel Gas
Fireplace Rooms Living Room, Master Bedroom
Floor Material Hardwood, Mixed (N), Stone (N)
Heating Type Central Furnace
Kitchen Features Pantry
Laundry Locations Individual Room, Inside
Legal Disclosures Take Property As Is (N)
ListingAgreement Exclusive Right To Sell/Lease
Lot Size Source Vendor Enhanced (N)
Parking Features Uncovered
Patio Features Patio Open
Rooms LivingRoom
ServiceLevel Full Service
View Any View, Ocean View, White Water View

Location

Bird's Eye

Listing provided by Ellen Francisco DRE# 00709314, Coldwell Banker-Malibu West

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Heather Paul to contact you even if your name is on a Federal or State "Do not call List".

The information being provided by SoCalMLS® and/or CARETS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to property referenced on this web site comes from the Internet Data Exchange (IDX) program of the SoCalMLS® and/or CARETS® MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site.

Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by SoCalMLS® and/or CARETS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Property information Copyright © 2011 SoCalMLS® Inc. All Rights Reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by SoCalMLS Inc. ® Copyright © 2011 CARETS®. All Rights Reserved.

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Truly one of Malibu's most spectacular settings located on the pristine shore of El Matador Beach. Restored by well known designer, Michael Lee, this renowned stone house incorporates architectural details imported from Buenos Aires, Majorca and Marseille and features the most incredible 270-degree coastline views. The interiors exude old world charm and include open living area, designer kitchen, 4 bedrooms and 3.5 baths. Expansive stone verandas wrap around the ocean side of the home on both levels and offer the perfect opportunity to entertain or just enjoy the majestic scenery. A unique stone amphitheater with reflecting pond provides for a variety of uses. Gorgeous grounds and gardens were designed by Maureen Barnes. Boasting approximately 266 feet of frontage this rare property must be seen to be appreciated.

Permalink

Date Published: Mar 05, 2011 - 10:33 pm


Malibu Beach Dream Home-Now available for sale-Hurry, it won't last!


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Photofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)
Price $8,450,000
Beds 4
Baths 4 full, 1 part baths
Home size 3,426 sq ft
Lot Size 7,082 sq ft
Days on Market 62
Welcome to the wonderful world of Life on the Beach in fabulous and famous Malibu! This sexy. sleek, sophisticated contemporary 4 bedroom, 4.5 bath home built in 2003 and updated and upgraded by the current owner sits on approximately 40 ft. of frontage on one of the best "dry"beaches in Malibu. Located in Las Flores beach,it affords you the benefit of being in the heart of Malibu, yet is minutes from town! It is being offered completely furnished and looks like a model. There is an approx 900 sq. ft sumptuous. deck off of master, with two other decks off of the public room level and the lower bedroom level with steps leading to the sand! Just bring your clothes and toothbrush and live out your fantasy of Life at the Beach today. The quality and detail will impress the fussiest of clients. Ask agent for a list of all of the special features and upgrades. Seller selects the services. Seller is a licensed real estate broker. Easy to show.
Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Tinyphotofor20726PacificCoastHighway,Malibu,CA90265(MLS#11497667)

Property Type(s): Single Family, Residential
Last Updated 2/28/2011 Tract n/a
Year Built 2003 Community Malibu Beach
Garage Spaces n/a County Los Angeles
Total Parking 2

Walk Score

®
26

Schools

Elementary School check
High School city
Middle School with

Additional Details

Building Size 3426 CARETS Listing Status Active
Total Floors 3 Bath Full 4
Bath Half 1 HOAFee1 0.0
Zoning LCR303 Covered Spaces Total 2
Parking Spaces Total 2 Will Consider Lease YN N
Tax Parcel Number 4450007042

Features

Appliances Central Vacuum, Dishwasher, Dryer, Freezer, Garbage Disposal, Refrigerator, Washer
Bathroom Features Powder Room
Building Structure Style Contemporary
Common Walls Detached/No Common Walls
Cooking Appliances Built-In BBQ, Built-Ins, Microwave, Range, Range Hood
Cooling Type Ceiling Fan(s), Central A/C
Eating Areas Breakfast Counter / Bar, Dining Area
Fire Place Fuel Gas
Fireplace Features Decorative
Fireplace Rooms Living Room, Master Bedroom
Floor Material Carpet, Hardwood
Heating Type Central Furnace
Interior Features Furnished
Laundry Locations Individual Room, Inside
Legal Disclosures Owner Has R.E. License (N)
Listing Terms Cash, Cash To New Loan
ListingAgreement Exclusive Right To Sell/Lease
Lot Size Source Public Records
Parking Features Direct Garage Access, Garage Door Opener
Parking Type Garage Is Attached
Pool Descriptions No Pool
Possession CloseOfEscrow
Roofing Composition
Rooms LivingRoom
Security Safety Security System - Owned
ServiceLevel Full Service
Spa Descriptions Bath Tub
Square Footage Source Public Records
TVServices Cable TV
View Any View, Ocean View

Location

Bird's Eye

Listing provided by Carole Schiffer DRE# 00677619, Coldwell Banker-Brentwood

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Heather Paul to contact you even if your name is on a Federal or State "Do not call List".

The information being provided by SoCalMLS® and/or CARETS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to property referenced on this web site comes from the Internet Data Exchange (IDX) program of the SoCalMLS® and/or CARETS® MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site.

Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by SoCalMLS® and/or CARETS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Property information Copyright © 2011 SoCalMLS® Inc. All Rights Reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by SoCalMLS Inc. ® Copyright © 2011 CARETS®. All Rights Reserved.

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Stunning Malibu Dream House!

Permalink

Date Published: Mar 05, 2011 - 10:27 pm


Heather Paul-Santa Monica Real Estate Agent


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Photofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)
Price $16,500,000
Beds 7
Baths 7.0 baths
Home size 14,000 sq ft
Lot Size 481,338 sq ft
Days on Market 88
Welcome to Villa Cascata, MalibuThis is a once in a lifetime opportunity to own a premier ocean view estate in Malibu, Ca. Famous in movies and print ads, this private Italian Villa is situated on 20+ acres and was completed w/the utmost attention to quality and detail by the current owners in 2006 as their personal residence. This apprx. 14,000 sq.ft., 7 br., 7.5 ba. estate enjoys 180 degree unobstructed whitewater views of the Santa Monica Bay and Catalina Island. Extravagant master suite w/spa-like master bath and separate gym, world-renowned chef~s kitchen with hand honed floors, formal dining room with hand painted ceilings, living room w/imported carved stone fireplace, large family room opening to spectacular pool and outside entertainment areas capable of accommodating intimate to large functions. Other features inc. a wine cellar, guest suite, detached guest house, game/media house, horse facilities w/dressage size area (doubles as add~l guest parking) and Sport Court.
Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Tinyphotofor27530CalicutRoad,Malibu,CA90265(MLS#10494895)

Property Type(s): Single Family, Residential
Last Updated 12/15/2010 Tract n/a
Year Built 2006 Community Malibu
Garage Spaces 4.0 County Los Angeles
Total Parking 103

Walk Score

®
3

Schools

Elementary School SMMUSD
High School SMMUSD
Middle School SMMUSD

Additional Details

Building Size 14000 Entry Floor Number 1
CARETS Listing Status Active Number Of Remote Controls 2
Total Floors 2 Bath Full 7
Bath Half 2 HOAFee1 0.0
Builders Name J.D. GROUP Zoning LCA101
Covered Spaces Total 4 Garage Spaces Total 4
Open Other Spaces Total 125 Parking Spaces Total 99
Will Consider Lease YN N Cross Streets PCHH TO LATIGO
Tax Parcel Number 4461008023

Features

Appliances Dishwasher, Dryer, Freezer, Garbage Disposal, Refrigerator, Washer
Bathroom Features Double Shower, Linen Closet, Low Flow Toilet(s), Powder Room, Steam Shower
Bedroom Features Master Retreat, WalkInCloset
Building Structure Style Villa
Common Walls Attached
Cooking Appliances Built-In And Free Standing, Built-In BBQ, Built-Ins, Convection Oven, Cooktop - Gas, Double Oven, Gas Grill, Gas/Electric Range, Microwave, Oven-Gas, Range, Range Hood
Cooling Type Central A/C
Disability Access 32 inch or more wide doors, 36 inch or more wide halls, 48 inch or more wide halls, 7 foot or more high garage door(s), Doors w/Lever Handles
Eating Areas Breakfast (N), Breakfast Area (N), Breakfast Counter / Bar, Breakfast Nook, Dining Area, Formal Dining Rm
Entry Location Ground Level w/steps, Main Level, Service Entrance
Exterior Construction Stone, Stucco
Fence Masonry Fence, Privacy Fence
Fire Place Fuel Wood
Fireplace Features Other
Fireplace Rooms Dining, Exterior, Family Room, Living Room, Master Bedroom, Patio
Floor Material Hardwood, Marble, Stone (N)
Garage Spaces Total 4
Heating Type Central Furnace
Interior Features 2 Staircases, Bar, Basement, Basement - Partial, Beamed Ceiling(s), Built-Ins, Cathedral-Vaulted Ceilings, Crown Moldings, High Ceilings (9 Feet+), Hot Tub, Intercom, Phone System, Pre-wired for high speed Data, Pre-wired for surround sound, Recessed Lighting, Storage Space, Sunken Living Room, Two Story Ceilings, Wainscotting, Wet Bar, Wood Product Walls
Kitchen Features Counter Top, Island, Open to Family Room, Pantry
Laundry Locations Inside
Legal Disclosures Seller/Owner/Principal RE Licensed
Listing Terms Cash, Cash To New Loan
ListingAgreement Exclusive Right To Sell/Lease
Lot Description Exterior Security Lights, Fenced, Fenced Yard, Front Yard, Gated Community, Gutters, Horse Property, Horse Property Improved, Landscaped, Lawn, Lot Shape-Irregular, Lot-Level/Flat, Street Asphalt
Lot Location Canyon, Cul-De-Sac, Hilltop, Preserve/Public Land, Private Road
Lot Size Source Vendor Enhanced (N)
Other Structural Features Balcony, Corral(s), Custom Built, Energy Efficient, Full Copper Plumbing, High Ceilings (9 Feet+), Koi Pond, Rain Gutters, Sauna Private
Other Structures Accessory Bldgs, Arena, Barn, Barn w/Water, Barn/Stable, Corral(s), Guest House Attached (N), GuestHouse, Shed, Stall(s)
Parking Type Garage Is Attached
Patio Features Covered Porch
Playing Courts Basketball, Paddle, Sport Court Private, Tennis Court Private
Pool Descriptions Heated, Private Pool
Possession CloseOfEscrow
Property Condition New Construction
Roofing Tile
Rooms Art Studio, Basement, Central/Center Hall, Dining Room, FamilyRoom, Gym/Exercise, Library, LivingRoom, Media/Music Room, Office, Other, Sauna, Wine Cellar
Security Safety Closed Circuit TV, Gated Community
ServiceLevel Full Service
Sewer Septic Tank
Spa Descriptions Bath Tub, Hot Tub
Sprinklers Sprinkler System, Sprinkler Timer
Square Footage Source Seller
TVServices Cable TV, Tv Satellite Dish
View Any View, City Lights View, Mountain View, Ocean View, Other View
Volt220Location 220V Throughout
Water Heater Features Water Heater Central

Location

Bird's Eye

Listing provided by Audrey Ruth DRE# 01882976, Coldwell Banker-Malibu West

 

Contact us about this Property

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We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Heather Paul to contact you even if your name is on a Federal or State "Do not call List".

The information being provided by SoCalMLS® and/or CARETS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to property referenced on this web site comes from the Internet Data Exchange (IDX) program of the SoCalMLS® and/or CARETS® MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site.

Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by SoCalMLS® and/or CARETS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Property information Copyright © 2011 SoCalMLS® Inc. All Rights Reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by SoCalMLS Inc. ® Copyright © 2011 CARETS®. All Rights Reserved.

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Permalink

Date Published: Mar 05, 2011 - 10:24 pm


Is Now a Good Time To Sell My Home?


Is Now a Good Time To Sell My Home?

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Many people have been asking this question recently and we wanted to address whether this is a good time to sell your home or not.

When trying to decide if now is a good time to sell your current Malibu home, there are a few things to consider:
1.  Where do you plan to move? Will you be moving locally or relocating to another area? 

2.  Are you buying another home or planning to rent?  If you are planning on buying, this is one of the best times to buy in many years, home price and current interest rates are extremely favorable.  Many people would like to search for homes first, you can search homes for sale online for free here:
http://santamonica-realestateagent.com/

3.  How much is your Malibu home currently worth and how much will you net from the sale of your Malibu home.  This is very important to find out, to find out what your home is worth for free, here is a great website that you can do it online:
http://instanthomelink.com/homevalues
Determining what your home is currently worth is crucial to knowing if now is a good time to sell or not.  

Home prices have been increasing very steadily now for over the last 5 months, many people believe we have already hit the bottom and home prices are definitely inching up.  Buyer activity right now is very busy and many properties are receiving multiple offers.  

Here is a link to provide you with great Tips for Selling Your Malibu Home:
http://santamonica-realestateagent.com/tips-for-selling-a-home-in-santa-monica-ca/

Hire a local Malibu Real Estate Expert when selling your home, we always recommend to hire a local Malibu realtor as they will have expert knowledge of your immediate area, to contact a local expert to sell your Malibu home, call (424)625-1037

I hope this helps you in deciding if now is a good time to sell your home! 
Best wishes!
(424)625-1037
Heather Paul
Coldwell Banker  alt

Permalink

Date Published: Jan 28, 2011 - 2:14 am


MALIBU REAL ESTATE-A GREAT INVESTMENT


INVEST IN REAL ESTATE NOW-MALIBU REAL ESTATE UPDATE

alt
Historical data from the National Association of Realtors (and adjusted for inflation by Businessweek.com) show that in 18 of the 25 largest metro areas in the U.S., the value of homes purchased in 1990 had increased by 2010, often by double digits. This underscores the fact that homeowners who buy for the long term have historically seen the value of their investment increase over the years. In inflation-adjusted terms, the median U.S. home sale price in the third quarter remains approximately 9.5% higher than in 1990, despite falling 26% from peak levels, according to calculations based on NAR data. Based on data since 1968, nominal U.S. home prices have risen 5.5 percent annually and outpaced inflation by about 1% to 2%, says Lawrence Yun, NAR's chief economist. Economists from NAR, Fiserv, and Moody's Analytics interviewed for this story expect home prices to continue to grow slightly more than inflation in the long term.


According to Greg Hebner, chief operating officer at Sorrento Capital, an asset management firm: “You should at least be looking at housing now,” especially as interest rates are low and homeowners can deduct mortgage interest from their income taxes. “It's still a good game” if a buyer understands the risks, has consistent income, and purchases a house he can afford.
 
If you are thinking of buying or selling real estate in the near future, give me a call, I specialize in selling Malibu Real Estate and Luxury Homes.

FREE Mls Homes search
http://www.heatherpaul.listingbook.com/
alt

Permalink

Date Published: Dec 19, 2010 - 11:56 pm


SANTA MONICA WESTSIDE HOMES SALES EXPECTED TO SURGE IN 2011-HOME PRICES EXPECTED TO DRAMATICALLY INCREASE


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We expect a sharp increase in the number of homes sold in 2011 and price increases as well.  Santa Monica Real Estate, Brentwood, Venice, Beverly Hills & Surrounding areas will do very well in the new year!
Interest rates below 5% and prices bottoming out in the first half of the year will drive two of the three main ingredients for buyer affordability to cyclic lows next year, Freddie Mac's chief economist, Frank Nothaft, said yesterday. "Buyer affordability is at the highest level in decades," he said. "With affordability high, many first-time buyers will be attracted to the housing market in the new year, likely translating into more home sales in 2011 than in 2010."

To find out what you home is currently worth, visit our website and enter your property address as well as contact information, a comparative market analysis will be emailed to you right away! 
http://instanthomelink.com/homevalues

If you are thinking of selling your current Malibu home, contact us right away! We are experts are helping our clients get top dollar for their homes!
(424)625-1037 or (424)229-0878
Ask for Heather or Milton Paul

Permalink

Date Published: Dec 19, 2010 - 11:50 pm


 
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