Manhattan Beach Real Estate Facts / How to Buy and Sell
Adjustable Rate Loans for Manhattan Beach
ARMS may be called by various names including, variable-rate loans, adjustable rate loans or adjustable mortgage loans for your Manhattan Beach home. They all feature an interest rate that can vary over the rate of the loan.
Advantages: The monthly payment on a typical ARM is lower in the early stages than the fixed rate loan. This may make it easier for the buyer to afford the Manhattan Beachhome.
Disadvantages: As interest rates increase, your monthly payment may increase or the amount of your payment applied to the principle may decrease which means that you must gamble on property appreciation to offset this increase in your indebtedness.
Manhattan Beach Homeownsers Insurance
Bundle your Manhattan Beach insurance policies. Some companies that sell homeowners, auto and liability coverage will take 5 to 15% off your premium if you buy two or more policies from them.
Reduce Your Risk. Find out from your insurance company what steps you can take to make your Manhattan Beach more resistant to natural disasters. If you live in an older home, look into modernizing your heating, plumbing and electrical systems to reduce the risk of fire and water damage.
Bitten by the Manhattan Beach Home Improvement Bug?
Before you finalize your decision regarding remodeling versus moving, it is wise to get a professional estimate of your Manhattan Beach home's current value, the actual costs of moving to a different home and the estimated return on investment of the most common types of home improvement. I'll be happy to provide you with a complimentary analysis of your home's current value. Simply call or E-mail me whenever you are ready. As for improvements that traditionally bring the highest rate of return on investment, here are some statistics. Kitchen remodeling and adding a bath tends to bring rates of return with averaging anywhere from 85% to 95% return on your dollars spent. Compare that with the 64% return on investment for adding a home office.
Building Manhattan Beach Home Equity
As a Manhattan Beach homeowner you have the right to pay more towards the principle loan amount each month. Let's say your monthly payment is $700.00 a month and $100.00 a month is being applied to the principle. If you choose to pay $900.00 instead of $700.00, the $200.00 overage will be applied entirely to the principle. Thus, instead of gaining $1,200.00 a year in Manhattan Beach home equity, you gain $3,600.00.
The only factor being considered here is Home Equity. In individual cases it may be wiser to invest than to pre-pay your home loan. It also may be wiser to pay off high-interest, non-deductible loans before considering your Manhattan Beach home equity building options. Your financial advisor is the one to consult for these matters. If you would like up-to-the-minute information about Manhattan Beach home appreciation values in your area, please call or E-mail me today.
Manhattan Beach BASICS
Location, location, location pretty much describes the basics of all real estate markets and the Manhattan Beach market is no exception. A lovely estate home next door to a power plant or on a hill where major sliding has occurred is not as valuable as that same home in a quiet, tree-lined neighborhood. This is why most astute buyers tend to rely on real estate agents who are well versed in the community and know the area well.
Manhattan Beach DEPRECIATION
Depreciation is the loss of value of a building or an asset due to wear, tear, and aging. Depreciation cannot be applied to your personal residence unless you use your Manhattan Beach in some way for business. If you do depreciate a part of your home, let's say a home office, there are tax consequences you must consider when you sell your home.
Manhattan Beach Hometown Fair is an annual event for the Manhattan Beach, Hermosa Beach, Redondo Beach and all the Southbay homeowners and residence of the area. It has been a hit for almost 60 years! I volunteered in the public works booth, where we had a wheel to spins and gave away environmentally friendly gifts all day long. I had the privilege of meeting the families and residences of Manhattan Beach homes, Hermosa Beach homes, Redondo Beach homes and all the Southbay homes all day long! It was a treat.
There were local bands and food. There were so many wonderful vendors, vendor tents as far as the eye could see with jewelry, clothing, home decor, art and a wide variety of others.
The day began at 7:30 with a 10K run through Manhattan Beach. Participants came in all age levels and some have been running that race for decades! It is so fun to be a part of a community that loves to gather and share food, entertainment and each others company.
I love where I live!!!
Janet Watts-Shorewood Realtors-(310)347-7025
The Inspiration of Racing in the South Bay
It is Super Bowl Sunday 2010. Usually I run in the Redondo Beach Superbowl 5 or 10k, but since I just got home from 2 weeks in Florida I am lazy. I ate my way down the Florida coast so I would be lucky to run accross the street right now. But in my love of the beach, people and running, I grab my coffee and head out the door.
1/2 block west of my house I am amazed at the sound of footsteps pounding their way down Catalina Blvd in Redondo Beach. I watch for a good 20 minutes as 10,000 people (at least) run down the palm tree lined beauty of my hometown in the southern part of Redondo Beach.
This is also a costume race, so people are dressed in wigs and super hero costumes. There are even 4 guys tied together with a stereo and microphones, singing as they run. The volunteers are cheering them on as they guard Catalina from cars and pass water to the hard breathing participants. Excitement is in the air!
I have been on the other coast for 2 weeks and even though it is beautiful and the water is warmer, I am so glad to be home. I love it here. This is the most gorgeous place in the world to me! I follow them to the Redondo pier taking pictures all along the way.
Next year I will be out there with them again. Running, laughing and enjoying the tremendous community feel we have here in the South Bay. This is all within minutes of Manhattan Beach & Hermosa Beach, which also have many of their own events!
I specialize in residential real estate, from single family home to multi-units of all sizes in the residential income field. I love helping people find the perfect property for them.
You Dream, I Deliver!
I have always had a hand in real estate. I started at 21 years old buying a fixer for my own first home. I purchased many investment properties and personal residences before getting into the business. I am extremely trained in all areas including luxury homes to Short Sales / REOs, foreclosure properties. I also have special training in multi-unit investment properties. Having a love for real estate and people made being a realtor a perfect fit.
My love for the South Bay runs deep. I participate in the local 5 k runs, play beach volleyball and my bike is on the strand as often as I can. I love to swim in the ocean, ride horses in Rolling Hills Estates, eat tacos on Tuesday nights and socialize. I feel that the South Bay is the most wonderful place in the world. I am a member of the Beach Cities Ski Club which is a great mix of locals who love the outdoors and have many events. I volunteer at the local festivities.
My new venture is a local Manhattan Beach Professional Group. I have organized a group of local business men and women who meet once a week to refer business to one another, support and encourage.
I have had my own brokerage and worked with about 50 realtors under my direction and training. I have organized and hosted multiple real estate seminars and investment trainings. I have had the opportunity to sell residential real estate all over the nation. I am connected with many multi-millionaire investors and developers to help my clients have the opportunity to invest in property that is a perfect fit. I do not believe in limiting myself to the California market. I learned savvy negotiating skills in all market places. I will negotiate the best deal for my clients.
I love helping people find the perfect property whether it is their first home or they are buying a larger property or an investment. I love to get to know my clients' needs and help them through the whole process from start to finish.
Janet is an amazing person and realtor. Being a first time home buyer during this turbulent home market can be very stressful but if you have Janet by your side, she will calm you down, keep you positive and always be there for you.As an added bonus Janet will keep you smiling and laughing with her great sense of humor! We had a challenging time with appraisals and timing but Janet cares about her clients and overall about people. She has a natural amazing talent with building great relationships behind the scenes - other realtors, loan officers, escrow, title, and inspection people - everyone feels good working with her because she is sincere, smart and has a heart of gold. If you ever need to sell or buy a home Janet will make the process fun and you can count on a possitive outcome! Thanks Janet! 
Jean - Torrance Happy 1st time home owner
We recently purchased our first home in Torrance and couldn't be more thrilled with it! Janet was helpful from the start and always provided a warm comfortable environment for us to share our thoughts. She was available to answer any questions, was patient and kind and really made the whole experience very pleasant. The process of buying a home, especially pregnant (which I was) can be very stressful and Janet really helped to alleviate this stress. After months of looking, for just the right house, Janet helped us find our dream home and we are very thankful! We also feel like we made a new friend in the process! Sasha & Ryan Ritcheske Happy 1st time home buyers-Torrance
Janet was very thorough both in locating a home that met my requirements and in seeing it through escrow. She explained all of the paperwork, followed up in resolving contingencies, and overall made the buying experience as painless as possible. In addition, she is a very pleasant person and great to work with.
Don
Happy buyer-Manhattan Beach
Janet helped with an investment property we bought and did not know how to run. She walked us through step by step and kept in touch with us through the whole process.
Tracey, California
She was the best. I feel very lucky I got Janet. I had problems with my loan and she was helpful and patient. It was a trying time and she made it easier. Her knowledge and expertise eased our minds and helped us get the issues resolved. Rick, California Happy 1st time buyer!
Janet has contacted me since the close of my home and helped us fix a problem we had with a water leak. She always gets back to me even with the smallest question or concern. Carmen, California satisfied buyer and seller
Janet was great, always nice to talk to. She addressed most issues before they ever came up. She was always one step ahead. I knew when I called her, she would take care of whatever concern I may have.I will definitely always call on Janet for our further real estates needs. Robert, California Investor
Janet more than met our expectations! She was very nice, helpful, she had quite a feel for our needs and knew what we wanted. When she found just the right home she called us immediately. Brenda, California satisfied buyer
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