For over a year now, the Wiseburn community has been rallying to get an empty, unused lot on 133rd Street, converted into a "pocket park" that everyone could enjoy. Instead, over the years the residents have been subject to an unsightly, sometimes dangerous, lot that serves no purpose to the community, now its owners - Golden State Water.
The Daily Breeze just chronicled the efforts of the Wiseburn community in a recent article "Drought sidetracks plans to make a Wiseburn vacant lot a park." Click here to read this article on the continuing efforts to beautify the wonderful community of Wiseburn.
The Del Aire Farmers' Market is back this Saturday - but at a new location!
Date: Saturday, June 27th
Time: 9:00 am to 1:00 pm
Location: 135th and Aviation in Hawthorne(site of the new Wiseburn Da Vinci Charter School)
There will be veggies, fruit, flowers, food and FUN!
Also open for 4th of July!
All proceeds from market go to local schools and activities.
Everyone is welcome!!
Sponsored by Hollyglen Homeowners Association and Del Aire Neighborhood Association
Recycling is easy, good for the environment, and can even be good for your pocket book! Bookmark this list of local recycling facilities for your current and future recylcing needs.
Office Depot - 14510 Oceangate Ave, Hawthorne, CA 90250 ($$)
Cell Phones * Computer Monitors * Electronics * Inkjet Cartridges * NiCad Batteries * Office Machines * Rechargeable Batteries * Televisions * Toner Cartridges
Hyperion S.A.F.E. Center - 7660 W. Imperial Hwy, Los Angeles, CA 90293
Single-use Batteries * Antifreeze * Brake Fluid * Car Batteries * Cell Phones * Computer Monitors * Computer Recycling * Electronics * Fertilizers * Fungicides * Herbicides * HHW * Household Cleaners * Insecticides * Paint Recycling * Pesticides * Pool Chemicals * Solvents * Telephones * Televisions * Transmission Fluid * Used Motor Oil * Used Oil Filters
rePLANET - Ralphs #269 - 11873 Hawthorne Blvd, Hawthorne, CA 90250 ($$)
Plastics (#1-#7) * Aluminum Cans * Blue Glass * Brown Glass * Clear Glass * Green Glass
Home Depot - 14603 Oceangate, Hawthorne, CA 90250
Compact Fluorescent Light Bulbs (CFLs)
FlipSwap.com - www.FlipSwap.com ($$)
Cell Phones
The Salvation Army - 15617 Hawthorne Blvd, Lawndale, CA 90260
Bicylces * Books * Cell Phones * Clothing * CDs * Computers * Computer Monitors * Electronics * Gift Bags * Glasses * Furniture * Household Items * Lawn & Garden Equipment * Musical Instruments * Ornaments * Appliances * Sporting Goods * Telephones * Televisions * Tools * Toys * Vehicles
($$) - The recycling center may offer a financial incentive for recycling certain items. Inquire at the recycling facility for more details.
Tiffany Wilson has lived in the South Bay of Los Angeles County for over 10 years. She and her family enjoy the safety and rich family features that the beach communities of the South Bay have to offer, including a close and neighborly community. Also, having experienced an out-of-country move to California over 10 years ago, she is perfectly positioned to assist out-of-state and foreign buyers in their search for real estate in the South Bay and the additional surrounding communities of Los Angeles and Orange County. She can be reached directly at tiffany.wilson@shorewood.com or 310-503-0557 .
Have you ever heard of a lease option? Over the past year, the term has been thrown around a bit more than it used to, but very few people understand what a lease option is. And that is such a shame, as it is a great tool for making it easier to sell a home - especially in times where credit is tight.
So what is a lease option? I describe it as kind of like a cross between a lease and a purchase. The first part of the lease options is - what else - a lease! The Tenant-Buyer enters into a lease agreement, usually for a period of 12-24 months. The second part of the lease option is - you guessed it - the option! This is another agreement where the Seller gives the Tenant-Buyer the option to purchase the home, within the option period - usually the length of the lease.
There are a few other key items to understand about lease options. The first is that the Tenant-Buyer and the Seller agree upon a purchase price up front. There is no negotiating the price later when the Tenant-Buyer decides to exercise their option and buy the property.
Next, the option to buy the home is usually given to the Tenant-Buyer when an option payment is provided by them. This is negotiable and can vary, but can be between 3-10% of the agreed upon purchase price. This option payment is credited towards the purchase price, so it is much like a down payment.
Also typical of lease options is that a portion of the monthly rent paid by the Tenant-Buyer is credited towards the purchase price. However, in return for this, the Tenant-Buyer usually pays rent that is higher than the market rent. Then the excess rent is usually credited towards the purchase price, typically more than dollar-for-dollar.
So what if the Tenant-Buyer doesn't want to - or can't - buy the home at the within the option period? Well, that's good news for the Seller but bad news for the Tenant-Buyer. The Seller gets to keep the option payment AND the excess rent that the Tenant-Buyer paid, AND they get to find a new buyer, tenant, or tenant-buyer for their home. The Tenant-Buyer gets to walk away without their option payment or rent credit.
So what is the benefit of a lease option? For sellers, it can make their home more marketable by providing an additional financing option. And for Buyers, some may need or want some time to pass first before buying a home. For example, there may be some buyers who need a year to repair their credit so that they can qualify for a loan. Or there may be business owners who need some time to see how their business is going to be performing in 6 months, at which time they will be able to get a loan.
Lease options are not for everyone. Obviously, the best situation would be for a buyer to buy a home from a seller in the traditional manner - money provided in exchange for the deed. And in many cases, a home seller needs that money to buy their next home.
But for those sellers who do not need the money from the sale of their home immediately, a lease option is a viable one. In fact, it is perfect for home builders with new homes for sale, investors with income properties for sale, or even an older adult who can wait for the money.
Lease options may sound complicated, but a knowledgable Realtor can help their clients with all of the lease option details.
 |
|
|
Do you want to hear about me, or what I can do for YOU? How about a Realtor who keeps in touch with the changing market, so she can adapt to best serve her clients. Competency, knowledge, and service.
I LOVE real estate, and I appear to have an affinity for it. I began investing in real estate in 1999 and have learned a lot along the way and bought some great homes. I have enjoyed this experience immensely, and I find that it helps me greatly when serving my clients.
But it's not just about real estate - it's about the people I work with: my current & future clients, financial professionals, title and escrow, insurance professionals, my peers, and all others involved. Real estate is serious business, but that still doesn't mean we can't have fun with it, does it?
Some people think I am crazy for being in a career in real estate with the way the current state of the housing and finance industry. But, I have always walked to the beat of my own drum. My primary motivator for working in real estate is not financially driven, but because it is something I truly enjoy. I am up for all of the challenges, looking at them as opportunities to grow and learn, not pitfalls. This is no fairweather real estate agent, my friend!
I think it is important to have a mantra - a slogan - which tells people what you are all about. I think I have found one for myself which is simple and succinct:
Responsible Real Estate
Of course I want to act in a responsible manner in all my real estate dealings, but I want to go further than that:
I specialize in the South Bay, beach and surrounding cities of Culver City, El Segundo, Gardena, Hawthorne, Hermosa Beach, Lawndale, Lomita, Manhattan Beach, Palos Verdes Peninsula, Redondo Beach, Rancho Palos Verdes, Rolling Hills, and Torrance.
I also specialize in Real Estate Investing and Green Real Estate.
Who are my clients?
Buyers and sellers who are:
I intend on serving ALL of my clients at a minimum in the following manners:
Individuals and families selling or relocating to or within the South Bay
I have lived, worked, and played in the South Bay for almost 10 years now - and counting! I have driven the streets to and from work, my family and I have frequented the beaches, we have dined all over (shout out to Wahoos Fish Taco in Manhattan Beach, the BEST restaurant in the whole world), shopped here, and enjoyed this wonderful area that I made into home after relocating from the cold, northern regions of Canada.
Buyers:
Sellers:
Real Estate Investors & Foreign Buyers
I am a real estate investor myself, and I always look at every piece of real estate with an investor's eyes. I am also a foreigner, having made a large move from Canada to Southern California over 10 years ago. I am familiar with what investors and foreign buyers are looking for and what they have to deal with. I have also served foreign buyers in the past when considering the purchase of real estate in Costa Rica. To top it off, I have also personally purchased out-of-state real estate safely and successfully. That is only possible with the help of a good agent, and mine has taught me the proper way to do it.
Tiffany has the experience in customer relations, sales and marketing, and most importantly, a desire to succeed through self-motivation. Her dedication and passion lends a unique commitment to service excellence, of which her colleagues and clients have, and will continue, to benefit from in the future. Tiffany is a genuine asset to the industry, to her clients, as well as to her colleagues, friends and family.
- Renee Crow, Missouri real estate agent with Realty Professionals
From my first contact with Tiffany, the choice was obvious: Wayne and Tiffany came well prepared, with their "homework" done and every detail attended to. They were there to sell themselves , but it was clear that they had listened attentively to our needs as sellers: they were extremely clear on a well-researched asking price that would be attractive in the current market and yet acceptable to us, and they had a creative marketing plan that went far beyond the office caravan, brokers' open, and open house after open house and included every possible potential buyer , whether it was someone just surfing the internet, starting to think about buying or someone who had been searching with the help of a real estate agent and just waiting for the perfect house to come on the market.
I signed the listing paperwork on a Monday evening, the listing went public Tuesday morning, and by that Thursday evening, we had a realtor call to say she had an offer on its way. We went from listing to closing in a mere 38 days.
Throughout the entire process, Tiffany and Wayne were always available to me via phone and email, and they never hesitated to stop by in person when necessary. Their teamwork is tightly choreographed and between the two of them all aspects of our sale were handled without a hitch. The internet listing was beautifully done with a maximum of photographs, the hard copy materials were thoughtfully conceived and flawlessly executed.
I highly recommend Wayne Lester and Tiffany Wilson to anyone considering selling their home.
- Elizabeth Baker, Torrance, CA
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
