10 Tips for Hermosa Beach Home Buyers

Information for First Time home buyers in Hermosa Beach

  1. Find a real estate professional who is the right fit for you. Home buying is not only a big financial commitment, but also an emotional one. It’s critical that the Realtor® you choose is both skilled and a good fit with your personality.
  2. Timing the market. There is no “right” time to buy anymore than there is a right time to sell. If you find a home now, don’t try to second-guess the interest rates or the housing market by waiting. Changes don’t usually occur fast enough to make that much difference in price and a good home won’t stay on the market long. See article on trying to time the real estate market.
  3. The most important opinion is your own. It’s natural to want reassurance for such a big decision, but too many ideas will make it much harder to make a decision. Don’t ask for too many opinions and trust your own instincts.
  4. The Big Picture. Accept that no house is ever going to be perfect. Pay attention to the things that are most important to you and let the minor things go. Make the decision based on whether you would be happy in the home.
  5. Keep negotiations realistic
    Negotiation is definitely a part of the real estate process, but trying to “win” by getting an extra-low price may lose you the home you love and although the difference may sound like a lot, it may be an insignificant difference over the life of a 30 year mortgage.
  6. Remember your home doesn’t exist in a vacuum
    Don’t get so caught up in the physical aspects of the house: room size, kitchen, floors, etc. that you forget such issues as amenities, noise level, neighborhood, etc. that have a big impact on what it’s like to live in your new home.
  7. Get  pre-approved. Don’t wait until you’ve found a home and made an offer to get approved for a mortgage. Not only is getting pre-qualified quick and easy, but there is no obligation. Finding out how much you can afford, whether your credit could use some repairing, and what your monthly payments might be, is a significant step toward buying a house and making the process less stressful.
  8. Factor in maintenance and repair costs in your post home-buying budget. Even if you buy a new home, there will be some costs. Don’t leave yourself short and let your home deteriorate.
  9. Accept that a little buyer’s remorse may happen but will probably pass.
    Buying a home, especially for the first time, is a big commitment, but it also yields big benefits. It is common to question your decision but in the long run, home ownership is usually a fantastic opportunity.
  10. Choose a home first because you love it; then think about appreciation.
    A home’s most important role is as a comfortable, safe place to live. With the increases in value in the early 2000’s, people have begun to think of their home strictly as a way to make money. Make sure your home is something that you’ll enjoy living in for
    a long time.

Hollywood Riviera Real Estate Resources

Whether you are considering buying a home in the Hollywood Riviera, Redondo or Torrance or own a home and are considering listing and selling it, we’ve tried to make it as easy as possible to start the process. Please click on any link below for helpful information on that topic. You can search for homes, get the value of your home, receive listing updates or search the area.

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Homes We Like – 402 Via San Sebastian in the Hollywood Riviera

Call us suckers for big ocean views and clean coastal design, but the home at 402 Via San Sebastian definitely caught our eye. The home offers some fantastic ocean views and the clean design inspired by luxury coastal living makes for a fantastic place to call home. Sitting on a 10,000+ foot elevated lot, the home has expansive views of the oceean and coast. With 3 bedrooms, 2 baths and a bit over 1,500 feet the home fits in nicely with the neighborhood. Although it was originally built in 1954 the home was recently remodeled and reimagined. Listed with Jennifer Fematt of Douglass Elliman the home is currently priced at $1,750,000.  Contact us for more information on this home or to schedule a private showing.

402 Via San Sebastian Hollywood Riviera

Highest Sale Ever in the South Bay at $22,650,000 Happens to Be In the Hollywood Riviera

In 2018 the highest on market residential sale took place at 417 Paseo De La Playa.  We wrote several articles when it first hit the market as well as when it sold.  Although it was one address it was really two incrdible parcels of land with two stunning homes being sold as one.  With over 62,000 feet of oceanfront lot it was most definitely a legacy property and one that likely won’t be duplicated anytime soon.  While there are a few properties currently on the market in the $22,000,000 range, one at 1901 Manhattan Ave in Hermosa Beach and the other at 3001 The Strand in Hermosa Beach, there have only been 3 other homes that have sold in the rarified air of $20,000,000.

417 Paseo De La Playa was an incredible home with unblockable views not only of the ocean, but of both Palos Verdes and the coastline as well.   The homes offered over 10,000+ square feet of living space with just about all of it having stunning views.  Built in 2005 the homes offered resort style grounds with a massive pool and spa deck overlooking the Pacific.  The listing agent was Chris Adlam of Vista Sotheby’s International Realty.

 

What’s Around the Riviera? Explore the Neighborhoods of the South Bay

If Hollyglen and Del Aire aren’t the only neighborhoods you might be interested in, click on any city, neighborhood or photo below to see a real estate website designed specifically to provide valuable information on that area. See the current homes for sale, recent home sales, market statistics, area maps, photos and more. We hope that our information can help you with your home search. If you want other information or would like our assistance with your search please don’t hesitate to contact Keith Kyle for all of your real estate needs.

South Bay Communities and Real Estate Websites Around Hawthorne

 

Top Producing Realtors Announced for 2018

 Vista Sotheby’s recently announced their top 25 agents for 2018 and Torrance/Redondo Beach real estate specialist Keith Kyle was named as one of the highest producing realtors for the year.  We are proud to, once again, be named to the list of top producing agents at Vista Sotheby’s International Realty.   We wanted to thank all of our friends and clients for putting their trust in us and hope we can earn your trust as well.

Keith has been a full time licensed realtor since 2005 and has been recognized as a “top producer” at both South Bay Brokers and Vista Sotheby’s since 2007. See Keith Kyle’s bio and background information on our about your realtor page.