Thumbnail image for Extending The Lock On Your Rate Up to 360 Days!

Extending The Lock On Your Rate Up to 360 Days!

by ritasimpson November 1, 2013 How's The Market

Jumbo-mortgage applicants are demanding long-term rate “locks” while they close on their homes. And rather than settle for the standard lock of a month or two, they’re asking lenders for commitments of as much as a year!

Rate locks provide protection and peace of mind in a rising-rate environment. Long-term locks are rarely free. Borrowers who want …

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Thumbnail image for Unique 120′ Beach Frontage In Malibu Under $4 Million!

Unique 120′ Beach Frontage In Malibu Under $4 Million!

by ritasimpson October 18, 2013 Deal Of The Month

Amazing opportunity to own 3 contiguous beach front lots making up 120′ of ocean frontage at the Southern tip of Malibu close to Santa Monica! presently the properties have a spacious one bedroom house with large entertainment decks and a large private volley ball court and sand yard. A blank canvas for your imagination.A rare …

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Thumbnail image for Exclusive Long Term Malibu Beach Lease

Exclusive Long Term Malibu Beach Lease

by ritasimpson October 14, 2013 Leases

Located behind the 24 hour guarded gates in exclusive Malibu Cove Colony, you have a unique opportunity to lease a magnificent Malibu Beach house for a year! This stunning architectural designed by renowned Malibu architect Ed Niles is a tribute to Modernism and the spectacular surrounding beauty of the Paradise Cove bay.

A model of functional beauty …

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Thumbnail image for Point Dume, Malibu Home Median Up 26%

Point Dume, Malibu Home Median Up 26%

by ritasimpson October 13, 2013 How's The Market

In the last three months the Median price of  homes sold in Point Dume, Malibu rose by 26%. Homes in this most desirable neighborhood in Malibu tend to sell faster and at higher prices than in other neighborhoods in Malibu. Life at the Point is more integrated.  Some of the extra perks of living in …

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Thumbnail image for Best Malibu Buy This Week

Best Malibu Buy This Week

by ritasimpson September 21, 2013 Deal Of The Month

If you want a piece of Malibu paradise and are into having a small vineyard for a great price, this might be what you have been looking for…

Naturally spectacular, private gated Malibu Estate delivers ideal setting for family, friends & entertaining! Drive past your Chardonnay & Voignier vines into circular motor court w/center fountain.

 

Stunning handcrafted …

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Thumbnail image for Home Buying Calculus Different For Investors/Homeowners

Home Buying Calculus Different For Investors/Homeowners

by ritasimpson September 19, 2013 How's The Market

You buy a property in Malibu because you want to live here or have your family grow up here or you just MUST have a Malibu home…

The house-owning math for investors is 180 degrees from the rest of us who are buying a house to live in. Today’s article in the WSJ, gives a great …

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Thumbnail image for Rare Multi-Unit Properties On Malibu Beach For Sale

Rare Multi-Unit Properties On Malibu Beach For Sale

by ritasimpson September 15, 2013 Carbon Beach

They are almost  never to be found, when buyers come searching for a multi-unit property on the beach in Malibu for sale. That is because people who have them, don’t give them up easily.

The other thing to know is that you don’t buy these for the cap rates. Income  from the rentable units is good, …

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Thumbnail image for Gorgeous Penthouse Under $4 million

Gorgeous Penthouse Under $4 million

by ritasimpson September 14, 2013 Deal Of The Month

It’s a rare find! New York sophistication by the beach. Half way closer to town, yet steps from the beach. Take a look at this single-level penthouse with insane views of the Pacific Ocean in newly completed  building.

Soaring ceilings throughout with two major skylights, reclaimed white oak flooring in a chevron pattern, signature exposed …

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Thumbnail image for Appraisals Tanking More Home Sales

Appraisals Tanking More Home Sales

by ritasimpson September 14, 2013 How's The Market

With bidding wars in hot markets , the property-appraisal process has been undermining transactions, forcing some would-be buyers to walk away.

The impact can be significant. Consider a jumbo borrower required to put 20% down on a $1 million purchase expects to pay $200,000. But if the home appraises at $900,000, the down payment goes up …

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Thumbnail image for Slower Rise In Malibu Home Prices Offer Opportunity

Slower Rise In Malibu Home Prices Offer Opportunity

by ritasimpson August 30, 2013 How's The Market

Prices have continued to rise for Malibu properties in the second quarter but we are already experiencing a slowdown in activity in sync with the broader market. If you have been planning on purchasing a Malibu home, Malibu beach house or Malibu land, the coming months will be offer great opportunities for striking the best …

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