Real Estate in Orange County, CA
Holly Schwartz McDonald
714-386-1647714-386-1647

Ask the Expert: Incentives Can Help When Selling A Rental Property

As seen in the Coastal Real Estate Guide on October 29, 2018

 

If you think coordinating showings for your own home is challenging, let me open your eyes to an even more complex scenario that happens all too often. Imagine you are a landlord and the time has come to sell your income property. Maybe you are tired of dealing with tenants, maybe another investment opportunity has come along, or perhaps the time has come to retire. There are numerous reasons landlords choose to sell their income properties. However, timing and tenants can complicate the process. If you are a landlord and looking to sell, here are some factors and solutions to consider.

 

The best-case scenario, if all of the stars align of course, would be to list the home once the tenant vacates. Then the property can be shown at any time, it will be clean, and you will have the choice to show it either empty or staged, depending on what makes sense for your home. Many times, landlords consider the sale of their property when a tenant gives notice to move out.  If the timing is suitable for selling, then luck is on their side.

 

Sometimes a landlord chooses to list their home while the tenants are still living there. While not totally ideal, this option can work when tenants are understanding, flexible, and tidy. Perhaps they have sold a home before as well, so they have empathy for the landlord and know how important it is to be accommodating. There are also tenants who work or travel a lot and don’t mind showings on a whim, which makes it fairly simple to show. A clean, orderly tenant who takes pride in their home can help tremendously–it’s almost like “free” staging.

 

Unfortunately, it is far too common to have tenants who are disagreeable if a landlord asks to show a home before the lease is up and the tenant has moved out. After all, it’s not their problem that a landlord wants to sell and get top dollar. They have a signed lease. I’ve seen this attitude from tenants, despite the fact that they are not being asked to vacate prior to the end of their lease, and it can make for a very unpleasant situation for all parties. However, there are some ways to incentivize tenants to work with landlords, not against them, in the home sale process.

 

Michael Lockwood, Realtor at Villa Real Estate, has spent many years working in the property management sector. He suggests motivating tenants with different enticements – all while adhering to the terms of the lease of course. One tip that has worked well in the past includes having the seller offer to cover the moving expenses of the tenants. Another strategy that works beautifully is to let the tenant out of some of their move-out obligations, for example not enforcing a carpet cleaning clause, or not making them patch and repair all holes in the walls. Tenants tend to respond well to this because it lessens the hassle of their move.

 

As we all know, money talks so it may be beneficial to budget for these types of enticements if you are a landlord who chooses to sell. Tenants can make access to the home very difficult. When selling a home, viewings are a must so figuring out how to make the home accessible and show its best is of utmost importance.

 

By Holly Schwartz McDonald

Holly Schwartz is a Realtor with Villa Real Estate who lives in Newport Beach and has been featured on HGTV’s “House Hunters.” She can be reached at HSchwartz@VillaRealEstate.com.

Ask the Expert: New Year’s Resolutions for Your Home

As seen in the Coastal Real Estate Guide on January 7, 2019

Are you all about New Year’s resolutions? It can be motivating to set goals for the upcoming year and they can certainly apply to your home life as well. US News and HGTV have identified several customary goals that homeowners often have. Here are some that you may want to consider making to ring in 2019.

Organizing and decluttering is one of the more common game plans for the new year. This can prove to be an overwhelming task though. Where to start? I would suggest list making and appointment setting. A smart first step is to make a list of areas that need to be focused on and then schedule chunks of time to tackle them. This will help keep you on track for this task.

Have a remodel project in mind for 2019? Then gear up and get ready since this can take a lot of time and resources. To start off, it is advisable to start planning by meeting with contractors or other professionals who can assist you with the project. If you are doing something that requires permits or architectural plans, it makes sense to sort out the details and get the ball rolling ASAP, that way you can try to complete your project in 2019.

Is a move in the cards for 2019? If your goal is to sell your home and move into a new one this year, you may want to get a jump on it. Meeting with Realtors and deciding who to work with can take time, as can getting a home ready to go on the market.

What about making sure your home is safe and sound? There are many ways to go about this, for example, making sure your home has working carbon monoxide detectors and smoke detectors is a simple yet serious task. Other easy-to-do projects include removing dryer lint in the vents behind the dryer, keeping a fire extinguisher handy, and having a first aid kit that is fully stocked.

Another excellent resolution is to make your home more energy efficient, which is not only good for the environment, but can also be beneficial for your bank account. Here are some easy things that you can do to start on this task:

• replace lights with LED bulbs
• swap out plumbing fixtures for low-flow fixtures
• update landscaping with drought tolerant plants and cut back on watering the yard

Resolutions are an exciting way to kick start the year. Since our homes are generally one of our greatest assets, why not set goals around them? Cheers!


By Holly Schwartz McDonald 

Holly Schwartz is a Realtor with Villa Real Estate who lives in Newport Beach and has been featured on HGTV’s hit show “House Hunters.” She can be reached at HSchwartz@VillaRealEstate.com with comments or story ideas.

Ask The Expert – An Important Checklist for New Homeowners

As seen in the Coastal Real Estate Guide, November 26, 2018

 

Buying a new home is often an exciting time for people – it’s a new adventure, a pivotal change, and a piece of the American dream.  New buyers are often imagining how they can personalize and transform the space by putting their own stamp on it.  While that can all be exhilarating to plan, there are some less glamorous tasks that should come first and foremost on your to-do list.  Here’s a look at five practical steps to take before embarking on some of the other projects that might be in store.

 

  1. One of the most thrilling moments when you buy a house is the moment you get handed your new keys.  Even though all keys and codes are meant to be transferred to the buyers, the fact is, you have no way of knowing how many duplicates are floating around.  According to the National Association of Realtors, buyers should plan to quickly change all locks to new ones and swap out or reprogram any keypads, codes, etc.  Who knows who had knowledge to or access to those items in the past?  For your safety, change them!

 

  1. Houselogic also provided some tips that should be addressed right away by new homeowners.  For example, even though the smoke detectors and carbon monoxide detectors were likely tested during the course of buying the home, it is still wise to test them again upon moving in. They are there to protect occupants and batteries can expire at any time and devices can malfunction.  A good practice would be to start fresh with new batteries at the very least.

 

  1. The water heater temperature should be tested.  Many times, a water heater may be set too hot, too cold, or it may be set to a vacation mode.  For the comfort and safety of those living in the property (no scorching please!), check and test the temperature until it is just right.

 

  1. Test motion lights and check security lighting.  Again, these bulbs can go out at any time and it’s best to check them frequently for not only safety but also for peace of mind.

 

  1. Make a plan to address items on the home inspection that were not repaired during the sale of the home.  Sure, they may not seem like a big deal now but unfortunately, problems often tend to grow worse over time.  Maintenance and proper care is the best defense.  Plus, when you eventually go to sell, previously small problems could have spiraled to monumental proportions and the next buyer may not be as agreeable to deal with them.

 

Taking care of the nuts and bolts is a sensible way to start the journey of homeownership.  Sure, it is most definitely more enlivening to tackle a project that is more visual or provoking, however, handling these few easy to do items right away will help to ensure safety so other future projects can be fully enjoyed.

 

Holly Schwartz is a Realtor with Villa Real Estate who lives in Newport Beach and has been featured on HGTV’s hit show, House Hunters.  She can be reached at HSchwartz@VillaRealEstate.com with questions and story ideas.

158 Yorktown Lane, Costa Mesa, CA 92626

Wonderful opportunity to own a home in Costa Mesa for one of the best prices in town! Spacious one bedroom, one and a half bath home with, yes, a 2-car garage – wow! Check out the impressive vaulted ceilings in the living room which also offers rustic touches and a built-in Murphy bed for guests. There is a huge dining room that can easily fit 10 people. Kitchen is open and light. Right off the dining room there is a bright patio that leads directly to a 2-car garage with laundry. Half bath is also located on main level. Upstairs the master suite provides plenty of room and gets great natural light. Don’t miss the walk-in closet and GORGEOUS remodeled master bath! Other perks include dual pane windows and slider, plantation shutters, and laminate floors in the master. Embrace the beach lifestyle and enjoy the convenient location of the popular Monticello Townhomes by living near the OC Fair, schools, shops, fire/police department and more. Additional permit for parking in community and guest parking by pool and on street. Community features 2 pools, hot tubs and clubhouse. FHA and VA buyers ok! NO LAND LEASE! Low HOA includes water and trash. Great investment too – model match recently rented for $2100. Hurry to see this rare buy before it’s too late.

 

122 Eucalyptus Lane, Costa Mesa, CA 92627

3 Bedrooms, 2.5 Bathrooms, 1475 sf – Asking $699,900

Dreaming of living in Eastside Costa Mesa? Dreams do come true! This is your chance to own a beautifully updated 3-bedroom, 2.5 bath end unit townhome with a HUGE private yard. The yard is one of the largest available in Eastside for homes in this price range! Situated in the gated community of Laurel Point Townhomes, this home is nestled in a quiet community with an A+ location. Enjoy the open layout and upgrades like bamboo floors, dual pane windows and doors, and elegant bathrooms offering stone finishes and custom vanities. The kitchen has charming white cabinets and a sophisticated trey ceiling. Upstairs the three bedrooms all have spacious vaulted ceilings and the classy baseboards and crown molding throughout the home adds a stylish touch. The master suite has ample closet space, a private balcony, and a refined bathroom with dual vanity and bathtub. The hall bathroom has also been remodeled and has a luxurious walk-in shower with stone accents. The third bedroom is currently being used as an office, which is perfect for those who work from home, or it can easily be converted back as the closet is still in place. The backyard is truly a retreat with plenty of room to play, garden, barbecue, and for pets. This community will work for FHA and VA loans. Convenient freeway access, close to highly rated schools and the Back Bay – make this beautifully maintained property your next home before it’s gone!

 

119 Yorktown Lane, Costa Mesa, CA 92626

3 Bedrooms, 2 Bathrooms, 1320 sf – Asking $3100/month

*Pets Ok with deposit

*Looking for 2-Year Lease Term

Designer touches can be seen throughout this modernized townhome in a prime Costa Mesa location. You will be stunned by the beauty of this 3-bedroom property. The living space is open and leads to an updated kitchen with trendy cabinetry, sleek counters, gas cooktop, and architecturally cool silver track lighting and vent hood. Right off the dining room there is a secluded, private tiled patio perfect for outdoor dining and barbecuing. There is also a small front yard with lawn for you to enjoy. Tile flooring throughout main level and brand-new carpet upstairs. The master bedroom offers a huge walk-in closet. The secondary bedrooms have large closets, plenty of natural light and wonderful ocean breezes. Both bathrooms have been redone with gorgeous tile work creating a luxurious spa-like effect. There is even a marble counter in the master bathroom. The lofty skylight in the upstairs hall lets light flood the space in a totally unique way. The oversized 2-car garage has lots of room for storage and laundry hookups are also provided. Plus, tenants can enjoy access to the 2 community pools, hot tub & clubhouse! Extra parking pass included and there is parking conveniently located in front of the home, so it is easy to park 3 cars! Walk to Vanguard, and close to schools, shops, parks, beach, freeways… The list goes on!

6 Windy Hill, Laguna Hills, CA 92653

2 Bedroom, 2 Bathroom, Approx. 1100 sf – Asking $490,000

 

Spacious SINGLE-STORY END UNIT that feels like a single family home! Bright and updated 2 bedroom/2 bath/2-car garage Laguna Hills home. Double door entry with new tile entryway. Huge living room w/vaulted ceilings, newer laminate flooring and updated fireplace. Open dining room with modern lighting fixture. Sleek updated kitchen with tons of storage, stainless appliances (incl. gas range), subway tile backsplash, pantry and sliders to a large, private backyard. Nearly new refrigerator is INCLUDED! Entertain beneath the pergola and enjoy fruit from your own lemon tree. Large master suite with vaulted ceilings also leads to yard and offers an en suite bathroom with shower and walk-in closet with built-ins. Second bedroom has closet storage and hall bathroom is updated too. Oversized direct access 2-car garage w/laundry hookups plus the ability to park in front of the garage! AC. Ceiling fans. Newer water heater. Plenty of guest parking. Only one shared wall – no one above or below. Close to shopping, parks, trails, restaurants and schools. Sheep Hill Park is nearby and offers biking and hiking trails and direct access to the Aliso Creek River Trail. Saddleback Valley Unified School District. Minutes from the Laguna Hills Mall/Five Lagunas. Peaceful setting. Rancho Monterey has a community pool and hot tub and is a prime location to call home. Great rental potential for investors and also perfect opportunity for first-time buyers – FHA and VA approved!

 

809 Spirit, Costa Mesa, CA 92626

809 Spirit, Costa Mesa, CA 92626 (MLS # PW18200730)

(all data current as of 9/17/2019)
Price $975,000
Beds 3
Baths 3 full
Home size 2,517 sq ft
Lot Size 4,107 sqft
Days on Market 75
Status Sold
REDUCED OVER $100,000 - OWNER SAYS SELL! Incredible value for a newer, highly upgraded home in a gated community with an exclusive feel. Approximately $200,000 in upgrades! With over 2500 sf, this stunning home offers 3 bedrooms, 3 bathrooms and an office - perfect for people who work from home, want a workout space, etc. Very unique layout - could work well as a mother/daughter or in-law setup. Desirable open layout. A gourmet kitchen features Thermador and Bosch stainless appliances, gas cooktop, double oven, island and custom water-jet stone backsplash. Beautifully appointed dining room and formal living room with fireplace. The master suite includes a luxurious master bath with spa tub, stone shower and giant walk-in closet. There are also two secondary bedrooms, an office, a laundry room and great room with gorgeous custom woodwork, refrigerator and entertainment center. Other upgrades include media speakers, 7-inch baseboards, brass railing to accent the solid stone stairs, elegant crown molding, motorized window treatments, and beautiful marble, granite and travertine finishes throughout. The 2-car garage has epoxy finished floors and the lovely yard has beautiful rose bushes that create a traditional garden setting. Low HOA, community play area, NO Mello Roos. Located in Newport Mesa Unified School District. Walk to South Coast Plaza and The Camp, close to freeways, airport, beach – unbelievable deal!

Property Type(s): Residential, Single Family Residence

Last Updated 11/1/2018 Tract Life Style (LIFE)
Year Built 1997 Community South Coast Metro
Garage Spaces 2.0 County Orange
Total Parking 6 Walk Score ® 67

Schools

School District Newport Mesa Unified

Additional Details

AssociationFee 90.00 BathroomsFull 3
GarageSpaces 2.00 LandLeaseYN 0
ListAgentStateLicense 01892567 PricePerSquareFoot 387.37

Features

Appliances Dishwasher, Microwave
AssociationAmenities Controlled Access, Dues Paid Monthly, Playground
AssociationFeeFrequency Monthly
AttachedGarageYN 1
City Costa Mesa
CommonWalls No Common Walls
CommunityFeatures Sidewalks, Street Lighting, Suburban
Cooling Central
Country US
CountyOrParish Orange
DirectionFaces North
DoorFeatures Panel Doors, Sliding Glass Door(s)
EatingArea Dining Room
ElevationUnits Feet
FireplaceFeatures Living Room
Flooring Tile
Heating Central Furnace
HighSchoolDistrict Newport Mesa Unified
InteriorFeatures Built-Ins, Crown Moldings, Granite Counters, High Ceilings (9 Feet+), Open Floor Plan, Pantry, Recessed Lighting, Wired for Sound
LaundryFeatures Individual Room
Levels Multi/Split
ListAgentAOR Pacific West
LivingAreaUnits Square Feet
LotFeatures Near Public Transit, Park Nearby
LotSizeSource Assessor
LotSizeUnits Square Feet
MajorChangeType Closed
MLSAreaMajor C3 - South Coast Metro
ParcelNumber 14151314
ParkingFeatures Direct Garage Access, Driveway, Garage - Two Door
PatioAndPorchFeatures Patio
PoolFeatures None
PreviousStandardStatus Pending
PropertyCondition Turnkey
PropertySubType Single Family Residence
PropertyType Residential
RoomBathroomFeatures Privacy toilet door, Remodeled, Shower, Soaking Tub, Walk-in shower
RoomKitchenFeatures Granite Counters, Kitchen Island, Kitchen Open to Family Room, Remodeled Kitchen
RoomType Family Room, Foyer, Kitchen, Living Room, Master Suite, Office, Walk-In Pantry
Sewer Public Sewer
SpaFeatures None
SpecialListingConditions Standard
StandardStatus Closed
StateOrProvince CA
TaxTractNumber 15211
View Neighborhood
WaterSource Public
YearBuiltSource Estimated

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listing provided by : Holly Schwartz License # 01892567, Villa Real Estate

(view all details for MLS #PW18200730)

2527 Cornerstone, Costa Mesa, CA 92626 – Costa Mesa Real Estate

2527 Cornerstone Lane, Costa Mesa, CA 92626 (MLS # PW18077483)

(all data current as of 9/17/2019)
Price $821,000
Beds 3
Baths 2 full, 1 half
Home size 2,191 sq ft
Lot Size 3,600 sqft
Days on Market 175
Status Sold
REDUCED AND MOTIVATED in GATED community! This TURNKEY 3-bedroom (possible 4-bedroom), 2.5 bath home has the potential to be transformed into a 4-bedroom home, which would also create a bedroom on the main level. This east-facing house does not have street noise. The kitchen is open to the family room for entertaining. Kitchen upgrades include granite counters, stainless appliances, pull out drawers and walk-in pantry. The formal dining room has custom built-ins and a swing patio door to access the yard. This low-maintenance, quiet yard has a gas line ready for a BBQ and is plumbed for a fountain. The first floor also offers a formal living room with gas fireplace that could be converted to a 4th bedroom. Upstairs the luxurious master suite has plenty of natural light and offers a modern yet rustic custom barn door that leads into the oversized bathroom. There you will find a dual vanity area, separate shower with glass door, soaking tub, and a huge walk-in closet. Two more bedrooms with impressive walk-in closets, a laundry room, and full bathroom complete the upstairs. This Plan 2BR has impressive details like: new blinds, dual pane windows, dual zone capable HVAC, built-in garage storage, whole house vacuum with hose and attachments, insulated garage door, osmosis system and water softener. Parking for 4 cars. Low HOA. No Mello Roos. Play area. Steps to Costa Mesa Golf and Country Club. Great investment property too!

Property Type(s): Residential, Single Family Residence

Last Updated 9/26/2018 Tract Other (OTHR)
Year Built 2006 Community Mesa Verde
Garage Spaces 2.0 County Orange
Total Parking 6 Walk Score ® 60

Schools

School District Newport Mesa Unified
Elementary School Adams
Middle School Tewinkle
High School Estancia

Additional Details

AssociationFee 221.00 BathroomsFull 2
BathroomsHalf 1 GarageSpaces 2.00
LandLeaseYN 0 ListAgentStateLicense 01892567
PricePerSquareFoot 374.71

Features

Appliances Dishwasher, Gas Oven, Gas Stove, Microwave, Water Line to Refrigerator, Water Softener
AssociationAmenities Controlled Access, Dues Paid Monthly, Playground, Trash
AssociationFeeFrequency Monthly
AttachedGarageYN 1
City Costa Mesa
CommonWalls No Common Walls
CommunityFeatures Sidewalks, Street Lighting
Cooling Central, Dual
Country US
CountyOrParish Orange
DirectionFaces East
EatingArea Breakfast Counter / Bar, Dining Room
ElevationUnits Feet
FireplaceFeatures Living Room
Flooring Carpet, Wood
Heating Central Furnace
HighSchoolDistrict Newport Mesa Unified
InteriorFeatures Built-Ins, Ceiling Fan, Granite Counters, Open Floor Plan, Pantry, Recessed Lighting, Trey Ceiling(s), Vacuum Central
LaundryFeatures Individual Room, On Upper Level
Levels Two
ListAgentAOR Pacific West
LivingAreaUnits Square Feet
LotFeatures Near Public Transit, Sprinkler System
LotSizeSource Estimated
LotSizeUnits Square Feet
MajorChangeType Closed
MLSAreaMajor C1 - Mesa Verde
ParcelNumber 93207151
ParkingFeatures Garage - Two Door
PatioAndPorchFeatures Patio, Wrap Around
PoolFeatures None
PreviousStandardStatus Pending
PropertyCondition Turnkey, Updated/Remodeled
PropertySubType Single Family Residence
PropertyType Residential
RoomBathroomFeatures Closet in bathroom, Double Sinks In Master Bath, Separate tub and shower, Shower, Shower in Tub, Soaking Tub
RoomKitchenFeatures Granite Counters, Kitchen Island, Kitchen Open to Family Room, Walk-In Pantry
RoomType All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room, Walk-In Closet, Walk-In Pantry
SecurityFeatures Gated Community
Sewer Public Sewer
SpaFeatures None
SpecialListingConditions Standard
StandardStatus Closed
StateOrProvince CA
StreetSuffix Lane
TaxTractNumber 16937
View Neighborhood
WaterfrontFeatures Ocean Side of Freeway
WaterSource Public
YearBuiltSource Seller

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listing provided by : Holly Schwartz License # 01892567, Villa Real Estate

(view all details for MLS #PW18077483)