Palos Verdes Foreclosures – Palos Verdes Estates – Jan 2010

Posted on January 22, 2010 by Norma Toering

Foreclosure Report for Palos Verdes Estates, California during January 2010.

Palos Verdes Map with neighborhoods

Total single family homes for sale in PVE: 65 Homes
Foreclosed/bank-owned homes for sale in PVE: 0 Homes
Pre-foreclosure homes for sale in PVE: 1 House
Short Sale listing homes for sale in PVE: 5 Homes

Foreclosure related and short sale listings make up 9.2% of the current homes for sale in Palos Verdes Estates.

Palos Verdes Estates – Foreclosure/Short Sale by Neighborhood (Active Listings)

Lunada Bay: 1 House
Monte Malaga: 1 House
Malaga Cove: 2 Homes
Valmonte: 2 Homes

Search for available foreclosure and bank-owned homes on our Palos Verdes website. You can view foreclosure sale homes in most cities in Southern California and no registration is required. Or email Norma for a free list of bank-owned properties.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle – Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Information is deemed reliable but not guaranteed.

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It’s Called Negotiating, Not Eating Crow

Posted on January 22, 2010 by Norma Toering

Price prevents many real estate transactions from coming together, but pride kills many a deal also. In seeking a win win outcome there are often moments of stubborn denial, wounded egos and walk aways. Yet the seller wants to sell and the buyer wants to buy. Standing your ground may mean you won the battle but lost the house. Which win do you want?

Stay focused on the end goal and it will be easier to accept the posturing chatter, the endless back and forth, and the concessions you will undoubtedly make on the way to the closing table. Increasing your offer price, decreasing your asking price, making repairs, extending deadlines and other delays are part of the process. There are many players in a real estate transaction and it takes a cooperating village to close a real estate deal. Patience, perseverance and politeness will serve you well.

It is impossible to remove all emotions from most real estate transaction. One party is selling the structure that housed their family and the memories of their life. The other party is looking for the perfect place to create a new chapter in their life’s story. Emotions are not a bad thing unless they overtake common sense. It can be a deal killer if emotions lead to rants and irrational demands.

Resolutions are welcome, negotiations are expected and most objections and obstacles have a solution. If all goes well the seller will walk away with the check and the buyers with the keys to their new home. No crow will be served at the closing table.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle – Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

Find Norma on: Facebook – Twitter – LinkedIn – Email Norma

Buying in a Balanced Market – Palos Verdes, CA Jan 2010

Posted on January 15, 2010 by Norma Toering

A cash offer can be a breath of fresh air in this convoluted financial climate; it can also be a waste of time if the prospective buyer is out of touch with the local market. For instance last week I received a verbal offer of $800,000 for a property listed in the $1.2M price range.

I politely informed Mr. Cash Is King my seller has the desire to sell, but he is not desperate. Yes, there was a sale in early 2009 in the neighborhood in the mid $800k range, but it was original condition with no view. Toss in a couple hundred thousand for the gorgeous remodel and a couple more for the ocean view and guess what, you’ll find Mr. Seller is priced at market value. Okay, those are very rough numbers, but he got the point. One fixer sale in the neighborhood does not set the bar for all future sales.

This cash is king loose cannon was firing offers in every direction without agent representation. I’m sure I was not the only listing agent that received his call. After all, he stated he wanted to deal directly with the listing agent to secure a better deal–that is a whole other post and I won’t delve into it now. He sounded like a nice enough guy, but totally out of touch with the local market.

It’s great to have cash, but even cash won’t make a crazy offer fly.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle – Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

Find Norma on: Facebook – Twitter – LinkedIn – Email Norma

Palos Verdes Photography – Palos Verdes Videos

Remodeled home with ocean views in Palos Verdes, CA.

Posted on January 7, 2010 by Norma Toering

32332 Phantom Drive in Rancho Palos Verdes is ready and waiting for some lucky buyer. The three bedroom home is remodeled with hardwood floors, a gorgeous kitchen, two fireplaces and view of the ocean.

Perched high on the Palos Verdes Peninsula overlooking Trump National Golf Course, the home is ideally located for golfing, hiking one of many trails that meander throughout the Palos Verdes Drive South coastal area, or just kicking back and soaking up the view from the patio.

The property will be open Sunday, January 10 from 1-4pm. Stop by and take a tour of this pristine view home.

3 Bedrooms

1.75 Bathrooms

1,922 Sq. Ft. Per Tax Records

12,740 Sq. Ft. Lot Per Tax Records

Ocean View

Built in 1963, Recently Remodeled

$1,195,000

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle – Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

Find Norma on: Facebook – Twitter – LinkedIn – Email Norma

Palos Verdes Photography

Norma Toering – Palos Verdes Realtor

Homes for sale, local real estate news in Palos Verdes California

Monthly Archives: January 2010

Palos Verdes Foreclosures – Palos Verdes Estates – Jan 2010

It’s Called Negotiating, Not Eating Crow

Buying in a Balanced Market – Palos Verdes, CA Jan 2010

Remodeled home with ocean views in Palos Verdes, CA.