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Feb
4 Tuesday Fun – Disclosure1 Comment »
Now This is Disclosure!
Wanna Buy a House? It comes with a clown!
Posted on February 4, 2008 by Laurie Manny
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Feb
1 Chasing the Market Down – Are You Guilty?7 Comments »Are you “Chasing the Market Down”?
Your home is placed on the MLS, is advertised in the local paper, is placed on many important Internet real estate listing sites, lovely fliers have been placed in your home and the sign is up in your front yard. Several showings occur the first week, a few the second, one buyer comes through with their agent the third week. Whats up with this? Why are so few buyers coming to see my beautiful home? Calling the REALTOR® to have a little chat with them and find out what is wrong.
Shortly after your home went onto the MLS the Long Beach real estate market took a steep decline. A consultation with your REALTOR® revealed two new comparable listings in your community priced well below your current list price at $725,000 and $705,000. At about the same time a couple of other comparable homes for sale, in your neighborhood, had reduced their listing prices to $720,000 & $710,000. You were now priced high on the market at $750,000, on the market for 21 days and your REALTOR® says, in need of a large price reduction.
While you knew that you would likely have to reduce your price you didn’t think that a $50,000 price reduction would be in order just 21 days after placing your home on the market; you resist and only agree to a $25,000 price reduction, after all that is a lot of money out of your pocket – right? You are now sitting on the market in your area at $725,000. Your competition is priced at:
Your REALTOR® calls you and tells you just what you have been waiting to hear, an offer has been received, when can they come by to discuss it? Excited you inquire “How Much did they Offer?” Your blood begins to boil when you are informed that the buyer has offered $675,000 and has requested 3% in closing costs, your 2 large plasma TVs and the dining room furniture which cost you a small fortune. Bellowing into the phone you instruct your REALTOR® not to bother coming over – just decline the offer. You do not want to hear about a counter offer, this buyer is trying to rob you and is clearly out of their mind if they think they can buy a home in your neighborhood for that price! The gall of that buyer!
The home currently listed at $705,000 accepts their offer and closes escrow 30 days later. You are still sitting on the market at $725,000 and are no longer receiving showings. The neighbors are getting nervous watching prices drop so quickly and 3 more homes in your neighborhood come onto the market – two of them just down the block from your home. The 3 homes that were on the market at $710, $720 and $725 have reduced their prices and you follow suit reducing your price to $710. The competition?
Two more homes in your area sell. The $675 home sells for $660. The $679 home sells for $655. Doesn’t make sense! Nothing makes sense anymore-what the heck is going on? How could prices drop by almost $100,000 in such a short time? Two more homes in your neighborhood come onto the market, your wife is driving you crazy, you reduce your price to $660,000 in a desperate effort to sell and get the monkey off of your back. Stupid REALTOR®! The competition?
You just learned what it means to be guilty of “Chasing the Market Down”. Had you taken the leap earlier your home would have sold faster and you would have netted much more profit. Chasing the Market Down is a very serious situation in today’s real estate market. Many sellers are doing this across the nation. The clear majority of them never sell. The expired, canceled and withdrawn listings on the MLS reflect far more properties than the Sold’s do. Unless you actually need to sell your home this is not the time to be on the market. If your Long Beach home is currently on the market or if you are thinking of placing your home onto the Long Beach Real Estate market:
Have to go deal with an offer……….
Posted on February 1, 2008 by Laurie Manny
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Jan
31 Relocating to Long Beach California-Resource Guide1 Comment »
Relocating to Long Beach California?
If you are relocating to Long Beach California you will need lots of information. You will be curious to know about Long Beach communities, neighborhoods and resources. We have tried to include as many area resources as possible here to make your transition a smooth one. Long Beach California has become a destination resort area. This sleepy seaside city, known as Iowa by the sea, has blossomed into a fabulous beach resort area. Luxury high rise condos are sprouting all along the coastline, in Downtown Long Beach and Alamitos Beach. These elegant and prestigious coastal properties provide sweeping ocean views down the beautiful California coastline, views of Catalina Island – 25 miles off of our coastline and delicious, clean ocean breezes wafting in daily. The sound of gently lapping waves can be heard from your 17th floor Hi Rise condo on the sand. Here are some local resources to help make your transition a pleasant one: Local Area and Neighborhood Information:
Search the Entire SoCalMLS Free
Long Beach Income Properties For Sale
California Megans LawCalifornia Department of Justice Schools & Libraries
Utilities
Licenses
Top Downtown Long Beach Hotels: The Westin Long Beach Long Beach Bed and Breakfasts:
The Turret House – 556 Chestnut Avenue; Long Beach, CA 90802; 888-4-TURRET Dockside Boat & Bed – Dock 5 – Rainbow Harbor Long Beach, CA 90802; 562-436-3111 Beachrunners Inn – 231 Kennebec Avenue, Long Beach, CA 90803.; Toll Free: 1-866-221-0001; Local: 562-856-0202 The Restaurants of Long Beach:
Downtown Long Beach Restaurants:
Belmont Shore Restaurants:
Things to do in Rainbow Harbor:
Things To Do in Long Beach:
Transportation in and around Long Beach CA:
Local Beaches of Long Beach California:
Alamitos Beach from Alamitos to 15th Place. You can glide, ride or stride along the waters edge on the main beach from Alamitos Avenue on the west to 54th Place on the east on the 3.1-mile, 17-foot-wide Shoreline Pedestrian Bike Path. Two six foot lanes are for bicycle traffic and one five foot lane is for pedestrians. You can rent skates, bikes, umbrellas and beach chairs at Alfredos. Bayshore Beach at 5415 E. Ocean Blvd. offers access to Alamitos Bay and other diversions such as:
Belmont Plaza Beach at 4000 Olympic Plaza is close to the bike path and Belmont Pier. Be sure to get a front row seat (bring your own chair!) for exciting California Beach Volleyball Association events during the upcoming International Sea Festival.
Belmont Shore Beach from 39th Place to 54th Place, and Peninsula Beach from 54th to 72nd Place offer long stretches of white sand, volleyball courts and beautiful scenery.
Colorado Lagoon at 5119 E. Colorado St. offers calm waters, picnic areas and a nautical themed playground. Junipero Beach from 15th to 39th Place can be conveniently accessed from Ocean Blvd. on Junipero Avenue which ends at a beach parking lot.
Marine Park at 5839 Appian Way is known as ˜Mothers Beach because of its popularity among families with small children. All ages can relax and enjoy the day with shallow, calm waters, a lifeguard station, restrooms and play equipment.
The next chance you have to spend a day at the beach, remember that some of the best ones are right here in Long Beach.
Long Beach Relocation Specialist:
Life is good in Long Beach California! We have countless outdoor activities for you to enjoy. We experience a mild climate year round. In addition to boating and other activities on the beach, you may enjoy a good round of Golf. We have 5 Public Golf Courses as well as private courses here in Long Beach CA area for you to enjoy! Did you know that Tiger Woods was born in the Long Beach CA area and was a child prodigy who began to play golf at the age of two? In 1978, he putted against comedian Bob Hope in a television appearance on The Mike Douglas Show. At age three, Woods shot a 48 over nine holes at the Navy Golf Club in Cypress, California. Enjoy the Long Beach Golf Festival every July; the Pro/Am Charity Open at El Dorado Park Golf Course will be held this year on July 23, 2008. Featuring 36 professionals competing in the Long Beach Open paired with one professional and three amateurs in an 18-hole, two best-ball of the foursome, team event. The Long Beach Open will be held July 24-27 at the Skylinks & El Dorado Park golf courses.
The Golf courses of Long Beach CABixby Village Golf Course, Bixby Village Course The 9-hole ˜Bixby Village course at the Bixby Village Golf Course facility in Long Beach, California features 1,567 yards of golf from the longest tees for a par of 29. The course rating is 57.5 and it has a slope rating of 86. Designed by Ron Fream, the Bixby Village golf course opened in 1980. 6180 Bixby Village Dr Long Beach, CA 90803-2001 (562) 498-7003Recreation Park South Golf Course 18-Hole This Municipal 18 hole Golf Course with over 6,317 yards with a par of 72. Billy Bell-designed layout is one of the oldest courses in Southern California. Located among beautiful rolling hills, Recreation Park was constructed in 1917 and was originally known as Virginia Country Club. This very private club was opened to the public in 1931 and has since been known by its current name. Recreation Park, designated as one of the busiest golf courses in the nation, provides a night lighted driving range, practice greens, pro shop, full service restaurant and banquet facilities for up to 150 people. 5000 E. Anaheim Long Beach, CA (562) 494-5000
Located directly across 7th Street from the majestic 18-hole course, this nine-hole, par 29, executive facility affords guests a selection of shots and settings, which range from rolling hills to views of the Colorado Lagoon. This course also offers practice greens, a pro shop and food service. 5000 E 7th St Long Beach, CA 90804-4340 (562) 438-4012
The previous venue of the Queen Mary Open, this facility has now been selected as the site of the prestigious Long Beach Open. A magnificent 18-hole layout, El Dorado can truly be called a ˜players course, due to its expansive layout and numerous water hazards. Extensive practice facilities and full service restaurant are available at El Dorado. 2400 Studebaker Rd Long Beach, CA 90815-2428 (562) 430-5411
Directly across Lakewood Blvd., from the Long Beach Airport, this course provides an interesting blend of playing characteristics. Several water hazards and numerous bunkers await your errant shots, while excellent fairways and greens rewards your good play. This 18-hole course is a very enjoyable experience for all skill levels. Skylinks also offers a night lighted driving range, practice greens, a full service restaurant, bar and banquet facilities that can hold up to 150 people. 18 holes over 6,372 yards with a par of 72 (Municipal) Skylinks Flyover Tour Video 4800 E Wardlow Rd Long Beach, CA 90808-1737 (562) 421-3388
18 holes over 2,143 yards with a par of 54 (Municipal) For those seeking this alternative, this facility offers an extremely enjoyable 18-hole round of par 3 golf. With holes ranging from 85 to 140 yards, two water hazards and numerous sand traps, this course will test the skills of the most seasoned player, as well as remain exceptionally enjoyable for the beginner. This fully lighted course also boasts of its excellent practice range, full size chipping and putting greens, full service restaurant and a professionally staffed pro shop.
6700 E Carson St. Long Beach, CA 90808-2297 (562) 421-8855
The 18-hole ˜Virginia course at the Virginia Country Club facility in Long Beach, California features 6,505 yards of golf from the longest tees for a par of 71. The course rating is 70.9 and it has a slope rating of 128 on . Designed by William P. Bell, ASGCA/(R) Robert Muir Graves, ASGCA/Edward B. Dearie, Jr., the Virginia golf course opened in 1909. (Private Equity) 4602 N Virginia Road Long Beach, CA 90807-1916 (562) 427-0924
Golf Courses near the City of Long Beach CA: Within a 10 mile radius of Long Beach there is a large Selection of additional Golf Courses to enjoy: Leisure World Seal Beach Golf Course, Leisure World Seal Beach Course 9 holes over 829 yards with a par of 27 (Private Equity) Golden Rain & St Andrews Seal Beach, CA 90740 (562) 431-6586
18 holes over 6,835 yards with a par of 72 (Private Non-Equity) 3901 Lampson Ave Seal Beach, CA 90740-2756 (562) 596-4425
18 holes over 7,045 yards with a par of 72 (Municipal) 3101 Carson St Lakewood, CA 90712-4005 (562) 429-9711
9 holes (Public) 5660 Orangewood Ave Cypress, CA 90630-5550 (714) 889-157618 holes (Public) and 9 hole Executive Course (Public) 5660 Orangewood Ave Cypress, CA 90630-5550 (714) 889-1576
18 holes over 5,609 yards with a par of 70 (Municipal) 16782 Graham St Huntington Beach, CA 92649-3738 (714) 846-1364
18 holes over 6,935 yards with a par of 72 (Private Non-Equity) 6501 Palm Ave Huntington Beach, CA 92648-2698 (714) 536-7575
9 holes over 1,468 yards with a par of 29 (Municipal) 16449 Piuma Avenue Cerritos, CA 90703-1530 (562) 916-8400
9 holes over 3,200 yards with a par of 37 (Municipal) 1235 Figueroa Pl Wilmington, CA 90744-2312 (310) 549-4953
18 holes over 3,825 yards with a par of 62 (Municipal) 10410 Edinger Ave Fountain Valley, CA 92708-1622 (714) 418-2152Golf Resources on the Web:
Other Long Beach CA Resources: Moving & Relocation Information
Kids Sites
Your Home and Taxes
Misc. Resources
Community ResourcesFinancial Assistance & Housing
Health Care Services
Emergency Services
Youth Services
Abuse & Family Violence
Community Sports
Long Beach Theaters
State Links
If you are a Long Beach Business Owner and would like your business included here, contact Laurie Manny at 562-212-5420 or via email at longbeachrealestate@gmail.com. The only requirement is that your business is related to either relocating to Long Beach or to Long Beach Tourism.
Posted on January 31, 2008 by Laurie Manny
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Jan
26 THE MILLS ACTLeave a comment »
HISTORIC HOME TAX INCENTIVES – The Mills Act
Saving Money with the Mills Act Are you concerned about how youll afford to maintain your Historic Long Beach CA Real Estate? The Mills Act makes preservation easy! This 10 year ˜endlessly renewable contract with the city provides tax incentives to owners of Long Beach Historic Properties.
The Mills Act Since 1972, The Mills Act has provided deep tax discounts to owners of historic Long Beach CA Real Estate. This legally binding 10 year ˜endlessly renewable contract helps homeowners afford maintenance and restoration of historically and architecturally significant properties.
All Qualified Historic Structures Benefit In 1972, historian, writer and statesman, Jim Mills, introduced this little known bill. It grants tax discounts ranging from 24 to 60 percent to owners of qualified historic structures. All designated historic buildings may apply! Whether you live in your historic single family residence or use it as an income producing commercial enterprise¦you may qualify for tax benefits under The Mills Act.
Returning tax money to you benefits everyone. It creates incentive to purchase and restore beautiful homes and neighborhoods within the community. When you purchase restoration materials, local businesses thrive. Property values go up! Neighborhoods are strengthened as standards of living increase. And neighborhood enhancements stimulate community pride.
Everyday maintenance and General Repairs Zoning requirements, building codes, development and owner entitlements remain the same for all neighborhoods. Everyday maintenance and general repairs that dont affect your homes overall construction or design are not regulated.
Buying or Selling a Mills Act Home Are you buying or selling a home that comes with an existing Mills Act contract? Lucky you! As a buyer, youll assume the Mills Act contract along with purchase of your home ‘ and benefit from tax savings already in place. Selling a Mills Act home means increased marketability of an already desirable property.
The Long Beach Office of Historic Preservation has temporarily suspended granting Mills Act status until sometime in late 2009 while they re-organinze; at which time a small non-refundable fee will be implemented to assist in covering costs. For further information contact: Jan Ostashay at the Long Beach Historic Preservation Services (562) 570-6864
Posted on January 26, 2008 by Laurie Manny
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Jan
18 Staging Your Long Beach HomesLeave a comment »
We are very pleased to welcome Diane Concialdi of DC Redesign to the Long Beach Real Estate Home Team. Diane brings a fresh perspective on preparing your Long Beach Homes for sale through Home Staging. Home Staging is often misunderstood and assumed to be highly expensive, which is not always true. Please join me in welcoming Diane to the team, we encourage your comments.
Staging Your Long Beach Homes
You may know already that Home Staging has become a necessary step in selling your Long Beach homes in today’s market. The importance is equal to the Realtor, Home Inspector, Escrow, Title and Loan Company.
A buyer knows if they are interested in your home in the first 8 seconds of seeing it, and this is just from the outside, called curb appeal; a term used by all home stagers. The appearance of the landscape, the walkway and the front door all play an important part in wanting to see your Long Beach home. Realtors are using the Internet to showcase their listings, 92% of all buyers now use the Internet to find their next homes. Home Staging not only increases the value of your Long Beach property but also reduces the time your home stays on the market. Make your Long Beach homes stand out from the competition using Home Staging and market-ready photos. Contact a Home Stager in Long Beach or contact me, DC Redesign. I’ll answer any questions, or refer you to a Home Stager in your area!
Stage your Long Beach Homes to sell. Diane Concialdi
Read the rest of the series:
Staging and Home Improvement related articles:
Read also:
Posted on January 18, 2008 by Laurie Manny
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An offer comes in at $655,000. They want 3% in closing costs and the damned plasma TVs (whats with the damned plasma TVs anyway?!?) You tell the REALTOR® to get to your house as fast as possible and accept the offer as written. Your wife is standing behind you with a bat at this point! 
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