Archive for December, 2008

Dec 22 2008

Sell Your Newport Beach Home – Part 1

If you are serious about purchasing a new home in Newport Beach, the first step will be to get your existing home on the Orange County real estate market. Of course, in order to sell your home there are many things to be considered such as the value of your home. Often, homes in Orange County are sold at a significantly lower price than they could have been sold for had some simple and cost-effective solutions been implemented. Below are a few tips designed to add value to your existing home before putting it onto the Orange County real estate market. These tips will help you secure a higher sales price adding to the amount you are able to put towards the purchase of your next home.

Exterior – A simple and cost effective way to make a property more attractive in the eyes of homebuyers, and thus allow you to raise the asking price, is to give the exterior a coat of paint. If you did this only a couple of years ago it may already be in good shape. Ask one of our Newport Beach Realtors for advice!

Garden – Get rid of any old littler lying around, we all tend to hold on to broken lawn cutters, old children’s toys and other paraphernalia that we ignore because we see it all the time. Clean up your garden, remove the junk and help your home look the best it can. Even if you don’t have a green thumb your local gardening center can give you advice on what plants can add beauty and withstand harsh conditions at a low cost to you.

Interior – Much like the garden, remove the clutter, keep everything tidy and clean, and make sure that somebody viewing the house sees it at its full potential. Remove unnecessary items from kitchen and bathroom counters, put your laundry away, and keep the floors spic and span! It’s also a good idea to paint the interior of your home if it’s been more than a few years. Save money by painting yourself!

Negatives – Do not try to distract from negatives such as rotten woodwork by trying to hide it, nothing is more likely to plant suspicion in the mind of a potential purchaser than badly hidden problem areas. If the problem is costly and you are unable to fix it before the purchase be sure to disclose this to your Newport Beach Realtor.

So there we have it, some simple tips to help you get more for your property. Remember to always try and be honest and forthcoming with anybody viewing the house. They will no doubt take out a professional survey before they make an offer, so no point hiding the truth.

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Dec 05 2008

What type of property is best for you?

When considering which type of property to purchase in Newport Beach, it may prove useful to have a greater understanding of the types of property available, such as condominiums, townhomes and single family homes. Below are some basic definitions of these types of homes for sale in Newport Beach.

  • Newport Beach Condominiums – Condos in Orange County are generally one unit within a larger building. The ownership of common areas (such as the interior and exterior walls, roof, swimming pools, gardens, lobby, etc.) is shared by all owners of units within the building. Assessments are paid monthly in order to keep up with the maintenance of these areas. In Orange County you will generally find condos in Costa Mesa and many newer condos in Irvine. One thing to understand about Newport Beach condos, though, is that what is typically known as a condo elsewhere (within high rise buildings, for instance), is not always the case here. In fact, many people consider their home a condo with only one shared wall.
  • Newport Beach Townhomes – This type of property will usually have shared walls with connecting dwellings, and be built in a row. They may share amenities such as a pool or gardens and will often share the cost of maintenance for things such as the roof, or driveways. You’ll find some lovely Corona del Mar townhomes on the market with lovely ocean and city lights views.
  • Newport Beach Single Family Homes – This term is used to define a detached property, upon its own lot, which shares nothing with surrounding properties. Most often, the owner is responsible for all maintenance and upkeep of the property, and can potentially improve and extend the structure. Find single family homes in Newport Beach as well as throughout all other Orange County communities.

These three terms describe the three main forms of home ownership within the area of Newport Beach. Depending upon your lifestyle and financial situation, one may be more beneficial for you than the others, it is suggested you contact a professional Orange County REALTOR® for further information.

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