Making a Home Equity Line of Credit Work for You

Making a Home Equity Line of Credit Work for You

craftsman style

I recently received a newsletter from Bank of America which spoke about (HELOC) Home Equity Line of Credit and how it can help my clients. I thought I would pass on some of the most interesting points that were made.

A (HELOC) loan can help make renovating a home more affordable for clients who are interested in making upgrades to their property. This type of loan typically has lower interest rates and is often tax deductible. It also mentioned how just choosing one of these three improvement projects below might help to increase the long term value of your home.

1. If you can only afford to remodel one room of your home, the best bet would be the kitchen. Although the cost can vary depending on work, it seemed to have the highest return.

2. Making your home “everyone friendly” is the new universal design that incorporates features to modernize a home and make it more functional for a variety of buyers. For instance a universally designed bathroom might give a 60% return when selling your home.

3. Boosting your curb appeal is a great investment since it makes potential buyers want to come inside. Whether it is just new doors and siding, it can generate a higher return than other improvements that could be done on a homes interior.

To read more about home improvement value go to Remodeling Magazine’s 2017 Cost vs Value Report or click here.

 

Palos Verdes Quarterly Sales Report April – June 2017

Palos Verdes Quarterly Sales Report April – June 2017

Enrose - front

Palos Verdes real estate market has increased in the first six months of the year, with sales price and average square foot prices increasing.The overall area markets seem to be feeling the same movement with interest rates still low, and first time buyers getting the sticker price shock.

RE/MAX Estate Properties has put out an actual closed sales price report for Westside sales, South Bay sales, Palos Verdes and Harbor areas sales. To read more on each of these area statistics click here.

Above is my listing at 28623 N. Enrose Ave, Rancho Palos Verdes. This gorgeous home is in move in condition with 3 bedrooms/2 baths and 1,856 square feet. it has been remodeled with an open concept floor plan and new wood flooring throughout. It features a gorgeous kitchen with granite counter tops, stainless steel appliances and a large center island. With two fireplaces, and a large formal dining room this is a perfect home for entertaining. Come by my Open House this weekend on Saturday or Sunday from 1 – 4 p.m.

 

 

Beautiful Redondo Beach Townhome Coming Soon!

Beautiful Redondo Beach Townhome Coming Soon!

Marshallfield - front

Come see my beautiful new listing at 2209 Marshallfield Lane #A, in Redondo Beach. Going on the market today, this exclusive quality home built in 2002 by AGAR HOMES, has a floor plan that is simply one of a kind. It has 4 bedrooms, 4 baths, and 2,895 square feet, sits on a 5,996 square foot lot and is listed for sale at $1,098,800.

This gorgeous townhome features Alder wood cabinets, ground floor bedrooms, large master suite with vaulted ceilings, gas fireplace and walk-in closet. The gourmet kitchen has granite counter tops, center island and breakfast bar. There is a spacious living room with fireplace. It also has a 2 car attached garage.

This majestic home has tremendous curb appeal. Located in a prime Redondo Beach area, this home is designed as an entertaining masterpiece w/top quality material.

Please stop by my Broker’s Open House on Thursday, May 18, 2017, from 12:00 p.m.to 2:00 p.m.  You can also attend this weekend’s Open Houses on Saturday & Sunday, May 20 & 21, 2017, from 1:00 p.m.to 4:00 p.m.

To view my virtual tour show click here.

Beautiful Palos Verdes Townhome!

Beautiful Palos Verdes Townhome!

37 Oaktree Lane, RHE - View

Located in the City of Rolling Hills Estates, my new listing is a beautifully remodeled townhouse with over 2,184 square feet of living space for only $899,000. This lovely home features sparkling city lights views and is located in the popular 24 hour guard gated community of “The Terraces”. Close to award winning Ridgecrest Junior High School, Peninsula High School and Peninsula shopping centers it is located on a private & quiet cul de sac. Upgrades include remodeled kitchen with granite counters, stainless steel appliances. All three remodeled baths, wood floors throughout, smooth ceilings with recessed lighting, crown mouldings and more. Spacious wooden deck off dining and breakfast room overlooking tennis courts.HOA amenities include Pools, Spas, Tennis Courts, Club House and Greenbelt.  Tax record shows this the property as a 3 bedroom, but currently has 2 bedrooms and a den, with a spacious master bedroom that includes his & hers walk in closets & sitting area.Tastefully remodeled master bathroom with granite counters, and remodeled downstairs guest bathroom. New recessed lighting in kitchen & master bath. It also includes an entry hall chandelier, dining room chandelier and a replaced wooden pation deck and new roof.  All remodeling was done within the last 10 years.

For more information about this property please visit www.tubasellspv.com.