Real Estate Blog

The L3 Open House This Weekend 3/17 & 3/18

L3 Real Estate Orange County, CA Featured Open House for Saturday, March 17th and Sunday, March 18th: 

                     20171 Imperial Cove, Huntington Beach                                                           1043 Concord, Costa Mesa 

                                      1-4 Saturday & Sunday                                                                                 1-4 Saturday & Sunday                     

We are built on a philosophy of Heritage & Hustle L3 is a full service real estate agency with a regional office located in the heart of #CostaMesa offering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976. It’s L3 mission to provide trusted, convenient, responsive…

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New Listing in 92626!

South Coast Metro Pool Home! - $749,000.00 Bedrooms: 3 Bathrooms: 2 Year Built: 1965 Garage Size: 2 Car School District: Newport Mesa Square Footage: 1945 Agent Name: Larry Weichman Broker: The L3 MLS #: PW18051283 Price: $749,000.00 Flexibility: Firm Additional Pricing Information: 795,000-749,000 1043 Concord St   Cost Mesa, CA 92626 View Map View More Photos Range/Oven Dishwasher Patio Fenced Yard Swimming Pool Grass Lawn 1st time on the market in 40+ years! Long term owner is…

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3 Strategies for Setting Your Costa Mesa House’s Asking Price

Selling your Costa Mesa house for the best price sometimes involves a certain amount of luck, but it’s the kind of “luck” that’s a lot more likely when you’ve set out the welcome mat for it. In addition to strategic home preparation and a solid marketing push, selling your Costa Mesa house for the best price also has to do with where that price starts out: that is, the asking price.

Once you have a clear idea of the professional opinion of its market value—that is, a price that aligns with the latest comparable sales data for similar Costa Mesa homes—you have three alternative strategies:

1. You can set an asking price as close as possible to what the comps suggest. After all, it’s reasonable and defensible—and lenders are likely to agree if…

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“Last Call” to Buy Your Huntington Beach Home?

The question posed in last week’s Realtor.com article was certainly scary enough: “Is It Last Call for Low Mortgage Rates?” If you have been putting off getting ready to buy your next Huntington Beach home, it could well have been a potent call to action. For the normally staid Realtor, it was an unusually pointed dispatch.

The article’s opening line, “All good things come to an end…” is what many Huntington Beach home loan rate watchers have known to be true enough—yet for years now, when it comes to the financial benefits that accompany low mortgage interest rates, the prospects for losing the resultant buying power has seemed to be a distant threat. But although by historical standards, Huntington Beach mortgage interest rates are still…

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Turning Costa Mesa First-Time Homebuyers into Believers

Last week’s short news item could serve as inspiration for future Costa Mesa first-time homebuyers—especially for those who haven’t yet considered the possibility of owning their own Costa Mesa home.

The item in question was news of the passing of the English athleter. If that name isn’t familiar, it’s because Bannister’s story has long since faded from the headlines. But Bannister was a hero who changed the path of more than just sports history.

His triumph took place in 1954. A mid-distance runner, he had considered giving up the sport after his failure to win a medal in the 1952 Olympics. That race had been 1500 meters (about 90% of a mile). The more he thought about it, the more he determined to do more than make up for it. He decided…

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The L3 Open House This Weekend 3/10 & 3/11

L3 Real Estate Orange County, CA Featured Open House for: 

Saturday - March 10th

1043 Concord, Costa Mesa 1-4

Sunday - March 11th

20171 Imperial Cove, Huntington Beach 12-3

1043 Concord, Costa Mesa 1-4

We are built on a philosophy of Heritage & Hustle L3 is a full service real estate agency with a regional office located in the heart of #CostaMesa offering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976. It’s L3 mission to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally based real estate companies. From its…

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National Home Prices Jump 37% Since 2014

When Fountain Valley homeowners sit down to plot out their household’s long-range financial plan, the value they ascribe to their Fountain Valley home usually deserves a leading role. As research firm Pulsenomics puts it, “changes in single-family home values can have profound impacts on consumer balance sheets.” Yet it’s often the case that homeowners assume that their home’s value is its apparent equity—the home price they paid less their mortgage’s remaining principal.

Fountain Valley homeowners will be pleased to find that using that measure is almost certain to result in a substantial underestimate. Since the historical norm is for residential home prices to rise, if you are trying to plot a realistic long-term picture of your family’s…

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2 Obscure Factors Influence Costa Mesa Mortgage Loan Decisions

Whether you are about to embark on your first Huntington Beach home search or your umpteenth, unless you’ve managed to save enough to make you a cash buyer, soon you’ll need to secure a mortgage loan from a bank or other lending institution.

To understand what lies behind any home loan decision, just do what any good business negotiator does: put yourself in the other guy’s shoes. Getting a yes (and a low interest rate) from Huntington Beach’s lenders starts with demonstrating a history of responsible debt handling. That’s been made easy by the major credit information gathering agencies, who’ve been collecting data since your first credit application. Those bits and pieces are compiled and analyzed by the Fair Isaac Company (“FICO”). Huntington…

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Spot House Improvements Yield Disproportionate Rewards

You don’t have to be planning to sell your home to enjoy the benefits from what you might call a few ‘strategic spot improvements.’ These are limited renovations aimed at specific areas of a house—improvements that might not seem essential to Costa Mesa homeowners after years of living with them, but which fresher-eyed visitors see as evidence of a property in need of renewal.   

Spot house improvements can be most necessary in living areas that whisper, “I’m a refugee from the 80’s.” Examples are rooms with popcorn ceilings; with faded green or pink bathroom tiles (really more like refugees from the 50’s); or with dark, battered wall paneling. You don’t have to be a single-minded fashionista to appreciate how such artifacts from days of yore can…

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Great Home In Eastside Costa Mesa

Great home in Eastside Costa Mesa! - $674,000 Bedrooms: 3 Bathrooms: 3 Parking Spaces: 2 Year Built: 1984 Garage Size: 2 School District: Newport Mesa Square Footage: 1430 Agent Name: Matt Kanoudi Broker: The L3 MLS #: OC18046436 Price: $674,000 2649 Elden Ave Apt E Costa Mesa, CA 92627 View Map View More Photos Range/Oven Dishwasher Sink Disposal Microwave Fireplace Hardwood Floors Vaulted Ceilings Loft This amazing Bay Laurel home is a tri-level end unit featuring a dual…

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