Importance of School Districts

  • November 20th, 2014
  • devinlucas

Newport Beach, Costa Mesa and Orange County homebuyers have a a long list of desires when searching for the perfect home, but how does one decide what is most important?  To more than half of buyers, schools are top of the list!  In fact, schools are so important that the majority of buyers are willing […]

Dispute with a California REALTOR? Try the free Ombudsman service of the California Association of REALTORS

  • October 9th, 2014
  • devinlucas

As a public and member service, the California Association of REALTORS® offers a free assistance line, the Ombudsman Hotline, to foster dispute resolution. Belive it or not, occasionally, REALTORS® and/or their clients, find themselves embroiled in a dispute with another, or their own, REALTOR®. The C.A.R. Ombudsman Hotline is here to help. C.A.R. Ombudsmen receive […]

Homeowner Legislative Update – August 4, 2014

  • August 4th, 2014
  • devinlucas

Newport Beach, Costa Mesa and Orange County homeowners and real estate professionals may be interested in the below “Homeowner Legislative Facts,” re-published with permission from the California Association of REALTORS®: Bill to Stop Tax on Loan Modifications Passes Legislature – updated 7/17/14If the principal on your mortgage was reduced with a loan modification new legislation may lower […]

How’s Your Home’s Water Usage?

  • April 21st, 2014
  • devinlucas

Attention Newport Beach, Costa Mesa and Orange County homeowners, how’s your home’s water usage?  Here’s a neat graphic from the California Association of REALTORS® showing a breakdown of an average three-bedroom single-family home in California and some areas where you can save water, and money.  With 57 percent of the water used on landscaping, check […]

Newport Beach Temporarily Waives City Building Permit and Plan Check Fees

  • April 11th, 2014
  • devinlucas

Attention Newport Beach homeowners – the City of Newport Beach is temporarily waiving City Building Permit and Plan Check Fees. For anyone sitting on the fence (so-to-speak) of a home improvement project, of any scale, this might be an exceptional inducement, saving potentially thousands of dollars in your overall project expenses. This could be the […]

Key Advertising Rules For REALTORS®, Teams and Brokers

  • March 9th, 2014
  • devinlucas

Attention Newport Beach, Costa Mesa and Orange County consumers, as well as REALTORS®, Teams and Brokers, there are key real estate advertising rules often being violated. One need only open a newspaper’s real estate advertising supplement, or read a recent letter or flyer received at home from an agent “with buyers looking for a home […]

Thinking of For Sale By Owner (FSBO)???

  • February 19th, 2014
  • devinlucas

Attention Newport Beach, Costa Mesa and Orange County homeowners thinking of For Sale By Owner (FSBO) – According to the National Association of REALTORS® 2012 Nationwide Profile of Home Buyers and Sellers, the typical For Sale By Owner (FSBO) home sold for 20 percent (or $46,000) less than homes sold with the assistance of a […]

California Median Home Prices by County…

  • January 30th, 2014
  • devinlucas

Newport Beach, Costa Mesa and Orange County real estate owners and buyers, here’s a neat graphic from the California Association of REALTORS® showing the median home prices by county throughout California.  They’re up, across the board.  While great news for owners and sellers, more frustration for buyers.  These statistics (like all statistics really) are somewhat […]

Home Remodel 101 – Do Not Over Customize Unless You Plan to Stay

  • December 17th, 2013
  • devinlucas

Costa Mesa, Newport Beach and Orange County homebuyers love an updated property.  Homeowners are wise to invest in occasional updating and remodeling, which is almost always a great idea, with many projects (such as tasteful kitchens and bathrooms) often instantly raising a home’s resale value.   Be cautious however, as some remodeling projects go too […]

Short Sale Debt Forgiveness In California Is Not Subject to State or Federal Income Tax

  • December 12th, 2013
  • devinlucas

Finally settling a looming issue for many underwater homeowners, according to new clarifications from the IRS and California’s Franchise Tax Board (FTB), short sales in California are generally not subject to state or federal income tax pertaining to the cancellation of debt. (I.e. if you bought your home for $500,000.00 and “short sell” for $400,000.00 […]