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What's new at Real Estate - Orange County

Page 42

Reconstructing Tower 62
Bless and his wife, Cristina, bought a one-story property two blocks from the beach in Newport Shores on 62nd Street in 2009. Immediately, the simple structure became a canvas for the expert wood and stoneworker’s future family home..
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Could this be end of 30-year mortgage?
Many housing proponents say that it will. Without the government’s backing, they contend that the 30-year mortgage will become a relic of a bygone era when mortgage money was cheap and easy to come by. But others say America’s most popular home loan will still be available — if you can afford it.
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Real Estate Matters
While most states have seller disclosure laws — and seller disclosure laws require homeowners to disclose to buyers any known defects they know about their home — the backyard flooding problem may not be covered by some or all of the seller disclosure laws.
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Agents not a requirement, but helpful
One of the common questions facing home buyers and sellers is whether an agent is required to complete the transaction. The question is asked more often than ever before because sellers are getting less for their homes and are trying to squeeze every possible dollar out of the transaction.
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MATTERS
You might also want to talk to some landscapers to see if the drainage issues can be alleviated by changing the landscaping. But keep in mind that if your property no longer takes that water, some other property might be affected..
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TOWER
The woods, which range in complementary shades from pale yellow to a rich red, were used to make the home’s unusual cutout pattern front gate, the deck built over and around an existing pine tree, the garage door, window trim, an arched interior entrywayceiling, and many of the home’s tables, storage areas and art pieces.
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Living Space
Moving isn’t the end of the world but it can certainly feel like it. It’s stressful, frustrating and downright exhausting. In fact, moving is among the top 20 life stressors that include the death of a spouse, getting married, or being fired. But armed with some simple tips, you can make it through unscathed.
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