In Newport Beach, Costa Mesa, Orange County Communities and elsewhere, good neighbors can be the key to a happy home; thus the reverse is also true. Neighbor disputes, frequently surrounding fence line and property line issues, can be the end-all of confrontational matters and lend to costly litigation. A shared fence, worn and in need … Continue Reading
Hiring a Contractor? – A Few Tips to Consider
Remodeling your Newport Beach, Costa Mesa, Orange County or other California property? – Hiring a contractor is a significant decision, with quality and pricing varying dramatically, especially on any larger scale project. Check out this info graphic from the California Contractors State License Board and the California Association of REALTORS® for some good tips. -Devin … Continue Reading
Option Agreements in California Real Property Transactions
Most commonly, an “Option Agreement” is a rent-to-own situation, more frequent in a landlord-tenant context. Typically (though 100 percent negotiable), an Option Agreement works like this: The Property Owner (called the “Optionor”) agrees to sell a home and/or parcel of land (the “Real Property”) to the Buyer (called the “Optionee”) at a later date, for … Continue Reading
Fair Housing Foundation Tip of the Month: Rent Increases
Fair Housing Foundation Tip of the Month: Rent Increases In areas without rent control, there is no limit to the amount a landlord can increase the rent, provided it’s done so with proper notice and not being done in retaliation or based on a discriminatory motive. In Los Angeles County some cities do have rent … Continue Reading
Key Issues in California Landlord-Tenant Law
Newport Beach, Costa Mesa and Orange County are abundant rental markets, but landlords must use caution as California laws are extremely harsh on landlords and overly tenant friendly. I’s must be dotted, and T’s must be crossed. Sacramento is constantly trying to figure out ways to squeeze property owners, and landlord-tenant laws are among the … Continue Reading
To Drone or Not to Drone in Real Estate Photography? (Tip: Do Not Drone)
In Newport Beach, Costa Mesa and Orange County real estate, those aerial shots of high-end properties sure do look fantastic. But most sellers, photographers and REALTORS® might not realize it’s a blatant violation of current Federal Aviation Administration (FAA) rules to operate drones for commercial purposes (i.e. real estate photography) without a waiver from the … Continue Reading
Push for Cyber Security in Real Estate Transactions
Newport Beach, Costa Mesa and Orange County real estate consumers and professionals take note of cyber security issues in real estate transactions. We all take email for granted. It’s an amazing tool that has impacted and changed the way we all communicate. But until some recent high-profile events, people thought little, if at all, about the security of … Continue Reading
Top 10 Home Projects to Recoup Costs at Resale
Even owners of the finest Newport Beach, Costa Mesa and Orange County properties will always have a list of desired improvements to their homes. The top 10 home projects to recoup costs at resale according to Remodeling Magazine and the National Association of REALTORS® Cost vs Value Report include: Entry door replacement; Manufactured stone veneer; … Continue Reading
Home-Remodeling Projects May Require Special Insurance Policies
By Olya Yepremian, Momentous Insurance Brokerage Most homeowners may not realize the impact a renovation project has on their homeowner’s policy and that failure to take appropriate action could result in an uncovered claim. In simple terms, if your home is insured for $10 million and you add $2 million in improvements, you now need insurance … Continue Reading
California Baby Boomers Plan to Stay In Their Homes
Newport Beach, Costa Mesa, Orange County and all California baby boomers plan to stay in their homes longer than ever before, according to a 2014 survey from the California Association of REALTORS®. More than half, 59 percent, have no plans to sell their home after retirement. 78 percent of those surveyed simply like their home … Continue Reading