As a SENIORS REAL ESTATE SPECIALIST, I am committed to excel in the services I offer to my mature home Buyers and Sellers, striving to set the highest standard of professionalism in the real estate industry and incorporating integrity into my daily practices. I look forward to proving myself as a diligent advocate for all Seniors.
Please read each of the following links to better understand how I work with Seniors over 55 years of age.
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INVESTMENT PROPERTIES
For further information regarding rental properties, multiple units, raw land, business centers and other types of investment properties, call me at 310-541-5224 x 305.
SENIORS REAL ESTATE SPECIALIST
I believe that education has been vital to my consistent success in real estate. Having received additional training through The Senior Advantage Real Estate Council and awarded the designation of "Seniors Real Estate Specialist" has given me the opportunity as a Realtor to focus my business on Seniors and to consult with them about their options regarding real estate issues. Since I am also a Senior over 55, I too express similar interests and concerns. This enables me to provide assistance to meet their requests with utmost integrity and respect, since we are on common ground, and I can more easily understand their unique circumstances and specialized needs.
I am also a member of the South Bay Estate Planning Council, The National Council on the Aging, the KEEP-SAFE Coalition (Keep Every Elder Protected-Stop Abuse and Financial Exploitation), H.E.L.P. (Helping People Meet Aging-Related Legal and Care Challenges), the Peninsula Seniors, and PVE CARES (Palos Verdes Estates Community Assistance and Resources for the Elderly and Seniors) under the direction of the Palos Verdes Estates Police Department.
As a Real Estate Consultant, my objective is to help homeowners make wise decisions about whether or not to sell the family home, downsize to a smaller home or condominium, buy/sell investment property, and manage the capital gains and estate tax implications of owning real estate. With proper planning, there are tax and cash flow benefits available to Seniors over 55. I can assist in identifying these potential windfalls to help better manage their real estate assets and maximize their net worth.
I have found that Seniors like to tread slowly when making the major decision of selling their homes. They appreciate having all the facts before making a commitment. I encourage my clients to consult with family, financial advisers, the family attorney and whomever they entrust for support.
There are various circumstances why Seniors may choose to sell their home...the death of a spouse, the need to live closer to a child, physical or mental impairment and other circumstances. I can provide information about local and regional retirement communities or assisted living/convalescent facilities, if needed. I have the requisite knowledge, experience and expertise to counsel with Seniors in this endeavor.
Whether Seniors are thinking about selling, investing, relocating, or plan to stay in their home forever, they will want to discover their options plus learn how to obtain and develop the maximum return on their equity. I am a competent and reliable source of real estate information for Seniors and all homeowners who have specialized issues and needs because I have been specifically trained and educated to address these special demands. I look forward to proving myself as a diligent advocate for my clients. Customer satisfaction is my highest priority!
To further enhance the services I provide to my Seniors clients, I have enlisted the professional services of elder law attorneys, qualified financial planners, Medi-Cal consultant, insurance brokers, mortgage brokers, certified public accountants, title companies, escrow holders, pest control companies, home inspection companies, moving companies and other real estate-related services who make up my team of Seniors' Referral Network of Service Providers. Please visit this section of my website.
I also provide a Seniors' Home Improvement Network of Service Providers. Please visit this section of my website.
I invite you to also visit an important section for Seniors titled Seniors' Important Websites.
Please contact me to receive the FREE special report titled, "It's Not What You Sell It For, But What You Get To Keep That Counts".
I work with Seniors on the Palos Verdes Peninsula, which includes Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills and Rolling Hills Estates, as well as the South Bay cities of Torrance, Redondo Beach, Hermosa Beach, Manhattan Beach, Lomita and San Pedro.
I look forward to talking to you about Seniors' real estate-related issues. Please contact me at 310-703-1905, or E-Mail salespro@verizon.net.
Click here for more Senior resources.
Palos Verdes homes, Palos Verdes condos, Palos Verdes homes for sale, Palos Verdes real estate
SENIORS' REFERRAL NETWORK OF SERVICE PROVIDERS
Because I know that selling a home is just one of the many hurdles facing Seniors over 55 homeowners, I have gathered a team of dependable professionals, each expertly and uniquely qualified in their chosen fields, to help guide Seniors through those areas which might otherwise leave them overwhelmed.
To further enhance the services I provide to Seniors, I have enlisted the professional services of elder law attorneys, qualified financial planners, Medi-Cal consultant, insurance brokers, mortgage brokers, certified public accountants, title companies, escrow holders, pest control companies, home inspection companies, moving companies, and other real estate-related services who make up my team of SENIORS' REFERRAL NETWORK OF SERVICE PROVIDERS.
There are many advantages of having such a team working in harmony to help streamline the transition process. Together, this team of experts will lend their understanding, expertise and support, even before the anticipated transition begins.
It is important to me that my "team" not only provide the best professional services to my Senior clients, but that they also offer discounted fees or a free consultation for their services to Seniors over 55. My Seniors clients will be given a booklet consisting of information about each of my SENIORS' REFERRAL NETWORK OF SERVICE PROVIDERS to assist them in their real estate options. Customer satisfaction is my highest priority!
I also provide a SENIORS' HOME IMPROVEMENT REFERRAL NETWORK OF SERVICE PROVIDERS. Please visit this section of my website.
I invite you to also visit another important section of my website titled SENIORS' IMPORTANT WEBSITES.
I work with Seniors on the Palos Verdes Peninsula, which includes Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills, and Rolling Hills Estates, as well as the South Bay cities of Torrance, Redondo Beach, Hermosa Beach, Manhattan Beach, Lomita and San Pedro.
I would enjoy talking with you regarding my Seniors' Referral Network of Service Providers. Please call me at 310-703-1905, or E-Mail salespro@verizon.net. Customer satisfaction is my highest priority!
Click here for more Senior resources.
Palos Verdes homes, Palos Verdes condos, Palos Verdes homes for sale, Palos Verdes real estate
SENIORS' HOME IMPROVEMENT REFERRAL NETWORK OF SERVICE PROVIDERS
An additional service I offer to my over 55 clients is my SENIORS' HOME IMPROVEMENT REFERRAL NETWORK OF SERVICE PROVIDERS. This team of professionals deals mainly with home repairs and enhancements. I am pleased to provide my clients with a booklet of information about each of the members of this team.
Again, it is important to me that my "team" of home improvement service providers give not only the very best professional service to my Seniors clients, but that they also offer discounted fees or free consultations for their services.
This group of professionals provide services for interior decorating and design, floorcovering, window covering, painting, paper hanging, plumbing and heating, electrical, roofing, and other home improvement and enhancement services.
Please visit another section in my website entitled SENIORS' IMPORTANT WEBSITES.
It would be a pleasure for me to discuss my SENIORS' HOME IMPROVEMENT REFERRAL NETWORK OF SERVICE PROVIDERS with you. Please call me at 310-703-1905, E-Mail salespro@verizon.net.
Click here for more Senior resources.
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SENIORS' IMPORTANT WEBSITES
The following are valuable websites I have compiled for Seniors over 55:
LIFESTYLE TRANSITION OPTIONS
Please contact me to receive a FREE special report on Senior Housing titled, "The 12 Most Frequently Asked Questions About Assisted Senior Housing".
The following are brief definitions of the levels of care available to Seniors:
INDEPENDENT/SENIOR LIVING
Also known as retirement living, independent living communities provide housing for Seniors who don't need assistance.
Offered as studio, one-bedroom, and two-bedroom apartments which include safety features such as grab bars in the bathrooms, and emergency pull cords and/or intercom system. Services typically include meals, housekeeping, planned recreational and social activities, shuttles to stores, doctors' offices, etc. Some communities have a beauty/barber shop and other amenities. Keeping Seniors acitve is the key here.
ASSISTED LIVING
Assisted Living communities are for Seniors who don't need skilled medical care but do need help with certain activities of daily living, such as bathing and dressing. Assisted living can also offer some supervision for forgetfulness and short-term memory loss. Most states have licensing requirements for assisted living communities.
Assisted Living communities vary widely in size, from ten residents to hundreds. They typically provide private apartments or private and semiprivate rooms, common areas for socializing and recreation, planned activities, three meals and snacks and 24-hour staffing. The activities and common areas provide social contact that can help many Seniors avoid isolation and depression. To meet individual Seniors' needs, these communities also offer some personalized support services, such as meals brought to a person's room when ill, shuttles for errands, housekeeping and laundry service and emergency monitoring systems.
ASSISTED LIVING HOMES
Some Seniors who need Assisted Living services prefer smaller or more personalized options, such as a Board and Care home. These are homes in a residential area that provide room, meals and some supervision, but no nursing care. They may offer recreational and social activities for residents as well as assistance with personal care, similar to the Assisted Living Communities.
ALZHEIMER'S/DEMENTIA
Theses facilities are very similar to both Assisted Living and Board and Care homes, but they are structured for memory-impaired Seniors who cannot normally take care of themsleves. They provide constant supervision, help with activities of daily living, personalized care and additionally give residents as much mental and memory stimulation as possible. Well-designed communities are staffed with professionals trained to care for Alzheimer's and dementia residents.
SKILLED NURSING
Skilled Nursing provides comprehensive care for people with medical needs that require attention by a licensed nurse. Although most Seniors and families view nursing home care as a last resort, these facilities may by the best choice for individuals requiring multiple types of services.
Along with providing 24-hour care, dietitians, rehabilitaion therapists and other health care professionals work to support and sustain Seniors' physical and emotional well-being. Physicians follow residents to skilled nursing homes and visit regularly.
ADDITIONAL SERVICES
Day Care Centers - Another wonderful tool when keeping someone in their own home. Services are typically activities recreational and social. A meal or two may also be included.
Home Health Agencies - A good service when keeping someone in their own home and/or addition to services currently rendered by Independent Living and/or Assisted Living. There are agencies available for medical and non-medical services such as companion care.
Please view my next section titled SENIORS RETIREMENT COMMUNITIES for a list of local and regional housing alternatives.
Please feel free to contact me at 310-703-1905.
I work with Seniors on the Palos Verdes Peninsula, which includes Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills and Rolling Hills Estates, as well as the South Bay cities of Torrance, Redondo Beach, Hermosa Beach, Manhattan Beach, Lomita and San Pedro.
Click here for more Senior resources.
Palos Verdes homes, Palos Verdes condos, Palos Verdes homes for sale, Palos Verdes real estate
SENIORS' RETIREMENT COMMUNITIES
If you are interested in further information about the many options for retirement living in the Palos Verdes Peninsula, which includes Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills and Rolling Hills Estates, as well as the South Bay cities of Torrance, Redondo Beach, Hermosa Beach, Manhattan Beach, Lomita and San Pedro, please contact me at 310-703-1905.
You can also contact me by clicking here.
Palos Verdes homes, Palos Verdes condos, Palos Verdes homes for sale, Palos Verdes real estate
SEMINARS FOR SENIORS
Please contact me for information regarding upcoming seminars about real estate-realted issues for Seniors over 55.
I work with Seniors on the Palos Verdes Peninsula, which includes Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills and Rolling Hills Estates, as well as the South Bay cities of Torrance, Redondo Beach, Hermosa Beach, Manhattan Beach, Lomita and San Pedro.
You may reach me via E-Mail at salespro@verizon.net, or at my office 310-703-1905.
Palos Verdes homes, Palos Verdes condos, Palos Verdes homes for sale, Palos Verdes real estate
Hello...I'm GI GI GRIFFIN, Real Estate Consultant. Welcome to my Home Page!
I work with home Buyers and Sellers on the beautiful Palos Verdes Peninsula, which includes Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills and Rolling Hills Estates, as well as the South Bay cities of Torrance, Redondo Beach, Hermosa Beach, Manhattan Beach, Lomita and San Pedro.
My clients consist of all ages through lifestyle transition stages... from eager first time home Buyers to Seniors moving into a retirement community.
As a SENIORS REAL ESTATE SPECIALIST, I consult with seniors over 55 to make wise decisions about whether or not to sell the family home, downsize to a smaller home, condominium, or retirement community, buy/sell investment property, manage the capital gains and estate tax implications of owning real estate and other real estate-related issues. Since I am also a Senior over 55, I express similar interests and concerns and can provide assistance to meet their unique circumstances and specialized needs with utmost integrity and respect.
Thank you for taking time to read the following sections: "Personal Profile", "Achievements and Affiliations", "Sellers", "Buyers", "My Mission Statement", client "Testimonials" and "Additional Info" (Seniors Real Estate Specialist; Seniors' Referral Network of Service Providers; Seniors' Home Improvement Referral Network of Service Providers; Seniors' Important Websites; Seniors' Housing Alternatives; Seniors' Retirement Communities, Local and Regional; Seminars for Seniors).
As a full-time Real Estate Consultant with RE/MAX Palos Verdes Realty, I am committed to excel in the services I offer to home Buyers and Sellers, striving to set the highest standard of professionalism in the real estate industry, and incorporating uncompromising integrity into my daily practices. I focus on the needs of my clients and serve in their best interest. Customer satisfaction is my highest priority!
Please read on...I look forward to hearing from you!
You may contact me at 310-703-1905 or at my e-mail address salespro@verizon.net with any questions or requests.
The links below are designed to help Seniors 55 years and older. Contact me if you can't find the information you are looking for. Thank you for visiting my website.
HOW I WORK WITH BUYERS
Your home purchase is among the most significant investments you will ever make. It's important to choose a Realtor who listens and responds to your needs, offers up-to-date knowledge of area market conditions, has strong negotiating skills and gives the highest quality personalized service.
Whether you are a first time or 'seasoned' Buyer, considering a move to a larger or smaller home, or merely wondering about real estate as an investment, my unique counseling approach will provide a 'plan of action' designed especially to help you make prudent real estate decisions.
Finding your home takes time, diligence and hard work! I will pursue this effort with all of the resources at my disposal, negotiate the best price and terms and endeavor to make the escrow process as stress-free as possible for you. My goal is to ensure a smooth process in the purchase of Real Estate.
As an ACCREDITED BUYER'S REPRESENTATIVE, I represent only your interest and owe my loyalty and trust only to you, and I have no legal or other responsibilities to the Seller. I act in your best interest with the assurance that you have all the lawful protection possible in negotiating your offer to purchase. Only after signing the legally binding "Exclusive Buyer's Representative" contract will I become your agent. Then I have a legal obligation to insure the protection of your best interests in every facet of the transaction.
As your Buyer's Representative, I'm able to provide you with any and all information relevant to the transaction. I have a fiduciary responsibility to you; therefore, I can be more forthcoming with any negative aspects about properties that you're investigating to purchase. As your personal ally, advocating your best interests, I'm obligated to provide you with maximum information about buying a home, each step of the way. That means disclosing specifics about location, property values, offering price, negotiations, counter offers, contingencies, financing, and the entire closing process. Armed with such vital and detailed information, you'll be thoroughly prepared to make decisions that are right for you and your family.
From pricing to material condition, I 'm committed to insuring that no stone is left unturned. In the negotiation phase of the purchase I can, as your Buyer's Agent, fully harness all my skills to insure that your best possible deal is the one that is made. It's about loyalty and commitment.
I specialize in residential property sales and know all of the area's finest neighborhoods, because I've lived in most of them! I'm looking forward to filling you in on the little details that make each neighborhood unique. The most satisfying aspect of my career is when I've helped a family with what might be their largest single lifetime investment...buying a home.
I've been a full-time real estate professional for many years and I've helped my Buyers reach their goals in all types of market conditions. And I look forward to helping you find your new home too!
When you decide to purchase your new home, whether it be a condominium, townhome, single family residence or multi-family units, I'm committed to going the extra mile to ensure that all your needs are successfully met in a professional and honest manner.
Please request my free reports called, "How to Buy a House and Save Thousands of Dollars...Five Proven Steps For Buying a House in Today's Economy" and "10 Deadly Mistakes Buyers Make When Purchasing A Home".
I work with home Buyers on the Palos Verdes Peninsula, which includes Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills and Rolling Hills Estates, as well as the South Bay cities of Torrance, Redondo Beach, Hermosa Beach, Manhattan Beach, Lomita and San Pedro.
Customer satisfaction is my highest priority!
Palos Verdes homes, Palos Verdes condos, Palos Verdes homes for sale, Palos Verdes real estate
HOW I WORK WITH SELLERS
Knowledge and experience are key factors in choosing a real estate agent to list and market your home for sale in today's dynamic real estate market. I take a proactive approach to marketing your home, and I will do everything in my power to ensure that your home gets the most exposure possible.
My effective Marketing Plan of Action and Personal Marketing Guarantee includes the most comprehensive advertising campaign. It's designed especially to help you make prudent real estate decisions. I'll use every available marketing tool in my aggressive advertising program to generate prospective Buyers for your home. My goal is to help you realize the best price obtainable for your property in the shortest period of time and to ensure a smooth process in the sale of your property.
I view all transactions as opportunities to use my professional skills to find solutions that best achieve the real estate goals of my customers and clients.
One of the many services I offer to my clients is to utilize my experience as an Accredited Staging Professional. For example, I'll make thoughtful recommendations about how you can inexpensively enhance and update your home, in order to achieve the highest possible sales price. And I believe that for every dollar you spend to update your home, you'll get back 2-3 times as much as you put into updating it, using my suggestions, and your home will sell more quickly too! I work with a team of home improvement service providers to assist with your home repairs and upgrades.
To further enhance the services I provide, I have enlisted the professional services of real estate attorneys, qualified financial planners, insurance brokers, mortgage brokers, certified public accountants, title companies, escrow holders, pest control companies, home inspection companies, moving companies, packing and unpacking companies, and other real estate-related services who make up my referral network of service providers. My team of experts will lend their understanding, expertise and support, even before the anticipated transition begins. And, of course, I'll be with you each step of the way to coordinate the details and help make your move a pleasant one!
I believe that straightforward honesty, accountability, and hard work are what my clients expect from me. Besides communicating with you in a consistent and responsive manner, I'll give your property maximum exposure, negotiate the best possible price and terms and guide the escrow process through a successful conclusion. I assure you, no other Realtor will do more to sell your home!
I work with home Sellers on the Palos Verdes Peninsula, which includes Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills and Rolling Hills Estates, as well as the South Bay cities of Torrance, Redondo Beach, Hermosa Beach, Manhattan Beach, Lomita and San Pedro.
Customer satisfaction is my highest priority!
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LUXURY HOMES
If you're like most 'luxury homes' clients, you achieved your current level of success through hard work and smart business decisions. You developed a personal strategy for success. That's why whether you're considering selling your current luxury property or purchasing another, it's important to work with a professional who, like you and your advisors, understands that there's more to consider when marketing or choosing a luxury home than just the right address.
As a graduate of The Institute for Luxury Home Marketing, I have the special marketing skills and competencies necessary to provide exceptional service and expertise in the fine homes and estates marketplace. My understanding of the unique needs and requirements associated with the acquisition or offering of luxury homes has helped place the most discriminating clients in the homes of their dreams.
Whether it's your primary residence or a weekend retreat, I will expertly assist you through each phase of the real estate transaction. It's all about the details. It's about making sure that every aspect of the transaction has been explained. It's about making certain that our working relationship is kept in strict confidence. It's about listening and taking the time to find out exactly what you are expecting. Because knowing what you expect is the key to delivering a matchless transaction from beginning to end. The kind of transaction that not only meets, but exceeds your expectations and leads to a long-term business association.
Let's face facts. In today's real estate market, helping you make smart real estate decisions is key to helping protect and preserve your wealth and your dreams. From determining your needs and desires to recommendations in available financing options, I will fulfill every requirement with an unparalleled level of service.
My "White-Glove" approach to service coordinates every detail from helping to arrange flights, hotels, and tours of the area to providing detailed information to clients on everything from school systems and churches to vital community statistics.
I commit to you complete confidentiality, total communication and dedication.
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MY MISSION STATEMENT
To be recognized by my clients and the real estate industry as a professional and ethical Realtor, providing the highest quality personalized service.
To achieve my vision, I'm committed to the following prinicples:
I work with Buyers and Sellers in the Palos Verdes Peninsula, which includes Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, and Rancho Palos Verdes, as well as the South Bay cities of Manhattan Beach, Hermosa Beach, Redondo Beach, Torrance, Lomita, and San Pedro.
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REAL ESTATE NEWS
"NO BURST IN THIS HOUSING BUBBLE!"
Los Angeles Times, May 27, 2006
Keeping tabs on the housing market can feel a lot like listening to the "Chicken Little" story over and over again. Month after month, as interest rates rise and building starts stumble, we hear that the sky is falling. But every month, home sales continue at a healthy clip, buyers still get loans, and the sky stays up!
Our faith in the sky, however, was severely shaken last week when former Federal Reserve Chairman Alan Greenspan and his successor, Ben Bernanke, in separate speeches, announced the end of the housing boom nationally. They are certainly correct that the market is slowing. But the sky still isn't falling.
The history of the boom is familiar by now. Lured by low interest rates and adjustable-rate financing, Americans bought real estate in the '00s the way they bought tech stocks in the '90s, pushing prices to levels that would have seemed nuts just a few years before. Or a few months before. In the first half of 2005, the median price of a house in California jumped 12% to $542,720. Five years earlier, it was $244,230.
Bearish pundits have been saying the end was nigh for years, but now more numbers are turning in their favor. So far this year mortgage delinquencies are rising nationwide, a sign that borrowers may be having trouble keeping up with rising adjustable-rate loan payments. Houses now sit on the market for weeks or months instead of days. In April, sales in Southern California dropped 21.3% from the year before - more precipitously than they had in 11 years. Prices haven't followed suit, but they are leveling off.
So why do we think the sky isn't falling? Economists disagree on how large the decline ultimately could be. Some say prices will remain level; others think they could fall as much as 30%. Whatever the damage, it could take many years to play out. There's also a big difference between mortgage delinquency and default. Barring a major recession, most homeowners should be able to hunker down and hang on to their property long enough for incomes to catch up with price levels.
In other words, unless you're a real estate agent, mortgage broker, builder or go-go speculator - and nowadays, we realize, that includes a distressingly large number of people - this housing slump isn't going to bonk you on the head like a falling acorn.
What's more, though it's a detail that's often overlooked in a town that fetishizes homeownership, most Angelenos are renters. According to U.S. census data, more than 60% of people in Los Angeles rent their residences. So if prices do start to fall precipitously, there may be a lot of potential buyers on the sidelines waiting to pounce!
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STAGING YOUR HOME
The way you live in your home and the way we sell your house are two different things!
When you get ready to place a home on the market for sale it becomes a product, and just like any product on the shelves at your local store it has features and benefits, pluses and minuses, and there are other products to compete with. To gain an edge in your marketplace you must be priced right and look better than the competition. Sometimes it's difficult to think of a home as a mere product, but it helps to think that way in order to get top dollar for the home and sell it in a reasonable amount of time.
As an ACCREDITED STAGING PROFESSIONAL, I'll make thoughtful recommendations about how you can inexpensively enhance and update your home, in order to achieve the highest possible "staged" sales price. And I believe that for every dollar you spend to update your home before it goes on the market for sale, you'll get back 2-3 times as much as you put into updating it, using my suggestions, and your home will sell more quickly too! I work with a team of home improvement service providers to assist with your home repairs and upgrades.
Let's start thinking of your "home" as a product or "house". When you sell your house you're going to have to move. When you move you're going to have to pack. Most of the principles of STAGING just mean that you're going to pack up some of your things early. It's a little bit of work, but you're going to have to do it anyway, so I will recommend that you start packing as soon as I have listed your home and given you my Staging Report.
My professional policy is that I won't give you my detailed Staging Report until we have signed a contract to list and market your home for sale.
No house is too large or too small. I stage and sell properties from fine luxury estates to small condominiums in the Palos Verdes Peninsula, which includes Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills and Rolling Hills Estates, as well as the South Bay cities of Torrance, Redondo Beach, Hermosa Beach, Manhattan Beach, Lomita and San Pedro.
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THE PALOS VERDES PENINSULA
Imagine living amongst rolling hills, breathing clean air, and enjoying breathtaking city and ocean views, while remaining in close proximity to a major urban and economic center. The Palos Verdes Peninsula is a beautiful area of Southern California that has been able to retain its old world charm and has kept away rapid commercial and residential growth. This "small town" feel has been made possible by strict zoning codes that prohibit billboards and restrict the growth of unwanted commercial and industrial complexes that would degrade the Peninsula's natural beauty.
The Palos Verdes Peninsula is a charming and refreshing place to live. Residents of Palos Verdes homes and condos enjoy a temperate climate enhanced by the green of its many parks, the blue of the surrounding ocean, and the crystal clean air. In this serenely beautiful setting, consisting of 27+ square miles, residents pursue their interests in the arts, recreation, philanthropy and education while having access to the bustle of Los Angeles.
The four cities that make up the Peninsula offer distinctive and diverse geographic choices to suit every lifestyle and provide a wholesome, relaxed environment in which to raise a family. Palos Verdes homes and condos are a sound investment. Nurturing a strong sense of community, proactive and involved citizens zealously guard open spaces from over-development to assure harmonious limited growth and preservation of gracious country and suburban living. A strong sense of family unifies the community.
THE PALOS VERDES CLIMATE
Residents of Palos Verdes homes and condos experience pleasant thermal conditions plus cool westerly sea breezes which create exceptionally hospitable climate. Marine air from the open sea flows over and around the Peninsula highlands, keeping city tainted air at a safe distance. Even the rare seacoast fog has a way of lifting and separating as it approaches the Peninsula slopes. Year round, Palos Verdes homeowners enjoy clean air and idyllic weather. The gentle breezes keep the climate on the Palos Verdes Peninsula moderate, with summer temperatures rarely above 80 degrees and with an average winter temperature of 67 degrees. The climate allows day to day comfortable living and year-round unrestricted use of recreational facilities.
HISTORY OF PALOS VERDES
The rich and colorful heritage of Palos Verdes begins with the tribes of Gabrielino Indians who originally lived on the Palos Verdes Peninsula and who were first described by the Spanish explorer Cabrillo in 1542. The area was taken under Spanish rule by the armies under Cortez and remained under Spanish rule, virtually undisturbed, until Mexico won its independence from Spain in 1822. In 1827 the Governor of Mexican California reqarded Don Dolores Sepulveda for his military services by giving him a land grant of the "Rancho de los Palos Verdes (Ranch of the Green Trees)". The Sepulveda family operated a flourishing cattle ranch until drought and boundary litigation resulted in the great rancho being awaraded to Jotham Bixby. As land values grew and it was no longer possible to continue cattle ranching, Bixby leased the land to Japanese farmers for cultivation of flowers, vegetables and grains.
In 1913 a group of New York investors purchased most of the land intending to develop a community of large estates for the wealthy. It was not until 1921, however, that Frank A. Vanerlip, Sr., one of the New York investors, and E.G. Lewis, a real estate promoter, founded the Palos Verdes Estates Project. In 1924 the first houses appeared and the rancho, through the course of time, was divided into the present-day cities of Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, and Rancho Palos Verdes.
THE COMMUNITIES OF PALOS VERDES
Each suburban, residential community on the Palos Verdes Peninsula enjoys its own special environment. Median annual household incomes vary from $90,000 to $150,000 in various parts of the Palos Verdes Peninsula. The total Palos Verdes population of approximately 73,000 is distributed among four cities and two unincorporated areas that have evolved with distinctive characterics shpaed by the terrain and the time and circumstances of development. Limited access to the Palos Verdes Peninsula itself has led to "good neighbor" communities that have fostered close relationships and sharing of facilities and services.
A wide range of commercial and professional services is available on the Peninsula and in neighboring South Bay cities. Commercial development on the Palos Verdes Peninsula is controlled by strict zoning codes to preserve the rural, suburban way of life.
PALOS VERDES RECREATION
Bordered on the west and south by the Pacific Ocean, residents of Palos Verdes homes and condos have virtually unlimited choices of aquatic activities. Swimming, sunning, diving, surfing, yachting, sailing, or sport fishing are certain to satisfy the most relaxed visitor of the most avid sports enthusiast.
Trails crisscross sections of the hills and canyons providing bicyclists, joggers and equestrians with their own special hours of delight. Equestrian shows and events are scheduled throughout the year. Two private and two public golf courses offer challenge and beauty to the golfer. Tennis buffs can play at any one of the numerous public or private courts or membership clubs. There are three equestrian center on the Palos Verdes Peninsula, all available for use by the general public and residents of Palos Verde homes and condos.
Parks on the Palos Verdes Peninsula lend themselves to picnics, relaxing in the sun or shade, kite flying and other family outings. Many parks offer planned activities for groups, seniors, and children, including year-round participation in a wide varietyof sports programs such as Little League, AYSO Soccer, Summer Swim and organized programs including scouting and 4H. The Palos Verdes school grounds provide additional grassy areas and sports fields for children's organized or casual activities.
PALOS VERDES SCHOOLS AND LIBRARY SYSTEMS
Residents of Palos Verdes homes and condos are justifiably proud of their fine Palos Verdes Peninsula Unified School District that serves the entire Palos Verdes Peninsula. Students' test scores are consistently in the top 10% of California Schools, evidence of the quality of classes offered and the high degree of parental involvement. Extensive sports, arts and drama programs contribute to school spirit and reflect the pride Peninsula families take in this exceptional educational system. The 10,500 student enrollment in the ten elementary, three intermediate and two high schools has increased in recent years, while still ensuring the highest possible quality of education. The fact that 90% of district students have gone on to higher learning is unique among area schools. Many options for private education exist, at all grade levels from pre-school through junior college.
The Palos Verdes Library District offers a full range of services for residents of Palos Verdes homes and condos. It meets the informational, educational and recreational needs of the community from children's story hours to sophisticated business research. Books, magazines, videos, compact discs, and book-on-tape are available a the three library branches.
PALOS VERDES ATTRACTIONS
The renowned Wayfarer's Chapel, a Lloyd Wright glass church inspiration, offers several types of religious services to the general public and residents of Palos Verdes homes and condos. The Point Vicente Interpretive Center, a marine museum and whale-watching site, houses a display that focuses on local history and land development of the Palos Verdes Peninsula as well as an informative exhibit on the history of whaling along the coastline. The South Coast Botanical Garden on 87 acres displays more than 100 families of plants representing more than 2000 species. The La Venta Inn is one of the oldest building on the Palos Verdes Peninsula, commanding a panoramic 60-mile coastal view, and is available for public and private events.
PALOS VERDES SHOPPING & RESTAURANTS
If you're looking for an exciting shopping experience, look no further than the Palos Verdes Peninsula, with two major shopping centers providing the gamut of retail experiences from upscale shopping to local artisans and one-of-a-kind shops. Residents of Palos Verdes homes and condos and other shoppers enjoy the convenience, flexibility and variety of options available to them, both on the Palos Verdes Peninsula as well as in nearby South Bay cities. There are two major shopping malls within 20 minutes of Palos Verdes, as well as excellent smaller shopping centers on the Palos Verdes Peninsula. Traditional and gourmet markets offer a generous selection of fresh food for the Palos Verdes homemaker. Many choices from casual to fine dining are available in restaurants located on the Palos Verdes Peninsula and throughout the South Bay.
PALOS VERDES ARTS AND CULTURE
A striking advantage of living on the Palos Verdes Peninsula is that residents can enjoy cultural life throughout the year without having to make the 45 minute drive to Los Angeles. The Peninsula Symphony Orchestra presents four annual concerts and hosts an annual Summer Fest. Diverse performing talents are showcased by the South Bay Chamber Music Society, the South Bay Conservatory, Los Cancioneros Master Chorale, the Chamber Orchestra of the South Bay , South Bay Ballet, and Palos Verdes Ballet.
Norris Theater for the Performing Arts, an elegant modern facility seating 450, serves professional resident and touring companies presenting dance, drama, and music productions. Many community groups also hold programs and conduct meetings there. The newest addition to the facility is the Harlyn J. Norris Pavilion for the community's use.
The Palos Verdes Art Center houses fine arts exhibits and presents year-round fine arts classes. The Community Arts Association receives support from a yearly festival, from various support groups, and art groups who present their work on weekends in Malaga Cove Plaza.
If you or someone you know is interested in buying or selling a home on the beautiful Palos Verdes Peninsula, call me. And if you are interested in obtaining pertinent information about the area, schools (public and private), recreation, entertainment, shopping centers, houses of worship, museums and places of interest, please contact me via e-mail at salespro@verizon.net, or call me at 310-703-1905.
PALOS VERDES ESTATES
Please refer to my overall view of the Palos Verdes Peninsula, as well as this section about the city of Palos Verdes Estates.
On the western side of the Peninsula reaching down to the shore of the Pacific Ocean, the city has a strong commitment to protect its unique character. Upon entering Palos Verdes Estates the visitor is treated to a dramatic change out of congested traffic into a pastoral setting with sweeping views of the ocean.
The city's layout was designed by the Olmstead brothers, sons of Frederick Law Olmstead, Sr., who designed New York City's Central Park. In this layout, 849 acres were designated as a permanent parkland, so many of the properties enjoy unobstructed views all around. Over a quarter of the city's 3,038 acres is permanently protected as parkland and maintained in its natural state to preserve the rural atmosphere.
The Palos Verdes Homes Association interprets and enforces protective restrictions on building sites on which less than 80 custom homes remain to be developed. With a population of approximately 14,500, Palos Verdes Estates maintains a preference for Mediterranean-style architecture, exemplified by the quaint and elegant architecture of Malaga Cove Plaza, which has been the setting of many movie and television scenes. Homes located near Malaga Cove with views of Santa Monica Bay are some of the most sought after in Southern California. The entire city of Palos Verdes Estates is composed of "custom" homes with diversity in style, size and price. Soaring appreciation in Palos Verdes homes and condos property values over the years mirrors the desirability of living in this extraordinarily beautiful setting.
If you or someone you know is interested in buying or selling a home in Palos Verdes Estates, call me. And if you are interested in obtaining pertinent information about the area, schools (public and private), recreation, entertainment, shopping centers, houses of worship, museums and places of interest, please contact me via e-mail at salespro@verizon.net, or call me at 310-703-1905.
RANCHO PALOS VERDES
Please refer to my overall view of the Palos Verdes Peninsula, as well as this section about the city of Rancho Palos Verdes.
Incorporated in 1973, Rancho Palos Verdes is the fourth, newest and largest municipality on the Palos Verdes Peninsula. It was established by strong community action to prevent the over-development destined to occur if planning had taken place under Los Angeles County control.
Upwards of 45,000 residents live in primarily single-family homes in a 13 1/2 square mile area. Homes in the city of Rancho Palos Verdes are composed of individual homes, condominiums, and town homes that encompass a wide range of size and price. Many of the homes enjoy magnificent views of the ocean, mountains and city lights of the Los Angeles basin.
The 7 1/2 mile coastline has a striking topography of quiet coves and beaches protected by steep cliffs. Some of the undeveloped acreage along the coast is still devoted to light agriculture and flower cultivation. The locally grown fruits, vegatables and flowers are sold at a roadside stand on Palos Verdes Drive South, a "must stop" for residents of Palos Verdes homes and condos and visitors alike.
Within the city limits are a number of shopping centers, including the Golden Cove Shopping Center and the large commercial strip along Western Avenue. Rancho Palos Verdes is also home to golf courses including the Los Verdes Gold Course and the Trump National Golf Course.
If you or someone you know is interested in buying or selling a home in Rancho Palos Verdes, call me. And if you are interested in obtaining pertinent information about the area, schools (public and private), recreation, entertainment, shopping centers, houses of worship, museums and places of interest, please contact me via e-mail at salespro@verizon.net or call me at 310-703-1905.
ROLLING HILLS ESTATES
Please refer to my overall view of the Palos Verdes Peninsula, as well as this section about the city of Rolling Hills Estates.
Rolling Hills Estates, bordered by the city of Torrance to the northeast and virtually surrounded by the city of Rancho Palos Verdes to the south and west, may be the only Southland community where City Hall has a hitching post for the convenience of its visitors. It enjoys an equestrian lifestyle, yet it encompasses the Peninsula Center, the major commercial area of Palos Verdes, with one million square feet of office and retail space.
The roughly 8,000 residents in this semi-rural city located on 4.18 square miles of hilly terrain on the northern side of the Palos Verdes Peninsula have a closely-knit community. They take pride in their 25 miles of equestrian, off-road bicycle and jogging paths, and panoramic views of Santa Monica Bay extending to downtown Los Angeles and the San Pedro Harbor.
Residential housing is predominantly single-family homes, but several town homes and condominiums have been built near the Peninsula Center.
If you or someone you know is interested in buying or selling a home in Rolling Hills Estates, call me. And if you are interested in obtaining other pertinent information about the area, schools (public and private), recreation, entertainment, shopping centers, houses of worship, museums and places of interest, please contact me via e-mail at salespro@verizon.net, or call me at 310-703-1905.
ROLLING HILLS
Please refer to my overall view of the Palos Verdes Peninsula, as well as this section about the city of Rolling Hills.
Privacy and serenity characterize life in Rolling Hills, an entirely gated city with private roads and three guarded gates. Access to the city is by permit and guests must be authorized to a gate officer, from a resident, for entrance. Rolling Hills is considered to be one of the most beautiful residential communities in the world.
Rolling Hills is an equestrian city where many families have traditionally kept horses on their properties. It has an extensive 23 mile private trail system, and the RHCA provides the community with two riding rings (Hesse Gap and Poppy Trail). There are also three tennis courts at the main gate location.
Most of the homes are only one story high, on one-to-five-acre estates, and all are painted the "approved" white in keeping with the Rolling Hills Community Association rules. There are no street lights or sidewalks in the city and outdoor lighting is limited.
About 2,000 residents live on 1,889 acres in the center of the Peninsula, a three-square mile area of homes, hills and canyons, all protected by the three guarded entrances. With few exceptions, the smallest parcel of land here is one acre, with parcels of two or more acres available among the approximately 700 sites in Rolling Hills. These properties are prized by those who seek breathtaking ocean, mountain, city lights and canyon vistas, open land for horses, and a serene tempo to life. There are no zones for commmerce in the city of Rolling Hills.
The Rolling Hills Community Association's annual residential assessment is based upon .20 cents per hundred dollars of the assessed valuation of the property established by Los Angeles County, payable twice a year.
Residents experience the gracious "country" lifestyle, while enjoying the serenity of the surrounding natural beauty in one of the most prestigious locations in the world.
If you or someone you know is interested in buying or selling a home in Rolling Hills, call me. And if you are interested in obtaining other pertinent information about the area, schools (public and private), recreation, entertainment, shopping centers, houses of worship, museums and places of interest, please contact me via e-mail at salespro@verizon.net, or call me at 310-703-1905.
ACADEMY HILLS AND WESTFIELD
Please refer to my overall view of the Palos Verdes Peninsula, as well as this section about the unincorporated areas of Academy Hills and Westfield.
Academy Hills and Westfield are unincorporated areas off Palos Verdes Drive North with unique characteristics.
Westfield captures the equestrian, rural, rustic way of life of its neighbor Rolling Hills. Westfield offers approximately 200 single family homes.
Academy Hills offers a more traditional curb-lined suburban atmosphere. Academy Hills has approximately 300 single family homes within its boundaries.
These residents are served by the same Palos Verdes Peninsula community services and schools as the rest of the Palos Verdes Peninsula.
If you or someone you know is interested in buying or selling a home in the lovely areas of Academy Hills and Westfield, call me. And if you are interested in obtaining other pertinent information about the area, schools (public and private), recreation, entertainment, shopping centers, houses of worship, museums and places of interest, please contact me via e-mail at salespro@verizon.net, or call me at 310-703-1905.
SAN PEDRO
The city of San Pedro is located at the southern edge of the Palos Verdes Peninsula, on the west side of San Pedro Bay. It is known as the "Gateway to the World" because it overlooks the busiest shipping port in the United States, The Port of Los Angeles. Even though San Pedro is part of the city of Los Angeles, it has developed its own unique character which gives the feeling of being its own city.
San Pedro is home to both commercial and sport fishing fleets. The city has been a magnet for European immigrants dating back to 1542, with a history rich in diversity and international culture.
The heart of San Pedro is just steps away from the waterfront and features a collage of architecture, shopping, dining and browsing. With its small town atmosphere and many family-owned businesses, San Pedro reminds many of the neighborhoods of their youth.
San Pedro's majestic cliffs and bluffs with ocean vistas are unmatched anywhere in the world. A temperate climate and balmy ocean breezes allow visitors and residents to enjoy this area's many attractions and recreational activities year round. San Pedro is a great place to live and play.
AVERILL PARK : In the December 2004 issue of 'Los Angeles' magazine, Averill Park was featured as one of the 'Ten Great neighborhoods' in the entire Los Angeles area. Here's what it says:
"San Pedro's Averill Park could be a neighborhood in San Francisco. Steep green hills - dotted with ancient palms - converge on a picturesque stream. Freighters hoot in the distance. At night the fog creeps in and the lights of the nation's busiest port turn the horizon to golden fuzz. The two-block-long, recently relandscaped park is the centerpiece of an area referred to as Upper Vista Del Oro. With views that are at a pleasant remove from the actual traffic of the port, it has long been a destination of choice for upwardly mobile locals, Many are still here, and the neighborhood has a dreamy, old-fashoned air. Well-preserved Spanish and Tudor style cottages dating from the 1930s line many streets, and the shopping block at 8th and Weymouth offers free angle parking. Modern houses above the park offer less architectural cohesion. The trade-off? More than one bath. Like the rest of San Pedro, the neighborhood is close-knit and multicultural. High school games are big events. The Fourth of July sees a welter of block parites, all with their own fireworks displays. Don't be surprised when strangers assume you went to schools with them."
The city is located at the end of the Harbor Freeway (110), and affords easy access to major shopping centers, the Trump National Golf Club, the Queen Mary and the Aquarium of the Pacific in Long Beach, Orange County and downtown Los Angeles.
If you or someone you know is interested in buying or selling a home in the charming community of San Pedro, call me. And if you are interested in obtaining other pertinent information about the area, schools (public and private), recreation, entertainment, shopping centers, houses of worship, museums and places of interest, please contact me via e-mail at salespro@verizon.net, or call me at 310-703-1905.
THANKS FOR VISITING MY WEBSITE!
Thank you for visiting my website. I'm really excited to be able to share this valuable information with you!
I hope you've had some time to look around my site. I believe I've included everything you might need to begin your fact gathering process.
What I would like you to know about me is that I'm in this profession because I desire to be of service. I've invested in technology to keep pace with our modern lifestyle. I know you're busy and need information at once. I spend a lot of time trying to anticipate my clients' needs so you are able to focus on the things that are important to you.
I'm flexible, and I will work any way that is most suited to you, whether that means communicating through e-mail, faxes, phone calls, or in person.
I welcome you to visit my site anytime to continue gathering information. I would also be happy to answer any questions you might have. Just e-mail or call.
TORRANCE
Centrally located between Los Angeles and Orange Counties, Torrance has become an important hub for commerce in the South Bay. With a population of over 130,000, Torrance has become the fourth most populated city in Los Angeles County.
In addition to being home for many residents, there are many large and small companies located here. The city of Torrance has become headquarters for major employers such as Honda, Toyota, Epson and Kubota.
Torrance offers many shopping centers, restaurants, and other entertainment attractions. There is also a beach-front section on the southwestern part of the city known as the Hollywood Riviera. On an academic level, Torrance has six public libraries, excellent schools, and is home to El Camino Community College.
If you or someone you know is interested in buying or selling a home in Torrance, call me. And if you are interested in obtaining other pertinent information about the area, schools (public and private), recreation, entertainment, shopping centers, houses of worship, museums and places of interest, please contact me via e-mail at salespro@verizon.net, or call me at 310-703-1905.
REDONDO BEACH
Redondo Beach is a lovely classic Southern California beach community located between the Palos Verdes Peninsula and Hermosa Beach. Like the other South Bay beach communities, Redondo Beach enjoys the benefits of being part of the Los Angeles metropolitan area while retaining the feeling of a small suburban beach community. For the past few years the population has been steadily growing, which has resulted in an increase of employment and retail activity throughout the city.
Many of the homes, townhomes, and condos in Redondo Beach have panoramic views of the ocean and the Palos Verdes hills. As a result, this charming community is highly sought after.
As a full service city, Redondo Beach offers two public libraries, a performing arts center, many parks, and facilities catering towards boaters and beach goers. One can enjoy fine restaurants and eclectic shops in the Hollywood Riviera area of South Redondo Beach.
If you or someone you know is interested in buying or selling a home in Redondo Beach, call me. And if you are interested in obtaining other pertinent information about the area, schools (public and private), recreation, entertainment, shopping centers, houses of worship, museums and places of interest, please contact me via e-mail at salespro@verizon.net, or call me at 310-703-1905.
HERMOSA BEACH
Nestled just north of the Palos Verdes Peninsula along the Southern California coastline lies the quaint beach community of Hermosa Beach. In addition to convenient beach proximity and a variety of entertainment options, prospective residents get to choose from a plethora of living arrangements that range from ocean front homes on "The Strand" to charming bungalows to multilevel ocean-view homes on the hills.
Just like many of the Southern California coastal cities, Hermosa Beach has become a destination for water lovers. This magnificent coastal city offers a setting that is ideal for dining, entertainment, and pure relaxation.
An article about Hermosa Beach is in the August, 2007, issue of "Los Angeles Magazine". It states, "Hermosa Beach is a charming hub that retains its counterculture vibe, even though starter homes sell for $1 million plus. That's thanks, in part, to its size (1.3 square miles) and to its many longtime residents, who make hermosa feel like a small town. Then there's the beach: a blessedly uninterrupted stretch of white sand that meets some of Southern California's best surf."
If you or someone you know is interested in buying or selling a home in Hermosa Beach, call me. And if you are interested in obtaining other pertinent information about the area, schools (public and private), recreation, entertainment, shopping centers, houses of worship, museums and places of interest, please contact me via e-mail at salespro@verizon.net, or call me at 310-703-1905.
MANHATTAN BEACH
Located just about twenty miles southwest of Los Angeles, Manhattan Beach is a prime spot for residents, business owners and tourists. Like Redondo Beach and Hermosa Beach, Manhattan Beach lies in the South Bay as part of the Los Angeles area and enjoys the "small town" secluded feel while being part of a large urban center.
Manhattan Beach is a highly desirable place to live because it offers magnificent views of the ocean and Santa Monica Bay.
As a city on the beach, there are plenty of attractions that range from an abundance of water sports to a 928 foot-long pier to numerous eating and shopping establishments.
If you or someone you know is interested in buying or selling a home in Manhattan Beach, call me. And if you are interested in obtaining other pertinent information about the area, schools (public and private), recreation, entertainment, shopping centers, houses of worship, museums and places of interest, please contact me via e-mail at salespro@verizon.net, or call me at 310-703-1905.
LOMITA
Located within twenty miles south of Los Angeles and five miles from the Pacific Ocean, the city of Lomita has had a rich history that included ranching and farming. Lomita, Spanish for "little hills", was originally a cattle ranch owned by the Sepulveda family. Over time the land was sold off and eventually ended up in the hands of the W.I. Hillingsworth Company in 1907. The intent was to build a Dunkard colony for the Los Angeles area. Two decades later, the population slowly grew and property values boomed, due to the discovery of oil.
As the 1930s came around, farming became a major industry for the area and Lomita became known as the "Celery Capital of the World." On June 30, 1964, Lomita was incorporated as a city. It still continues to maintain its rustic small town feel and a desirable place to live.
If you or someone you know is interested in buying or selling a home in Lomita, call me. And if you are interested in obtaining other pertinent information about the area, schools (public and private), recreation, entertainment, shopping centers, houses of worship, museums and places of interest, please contact me via e-mail at salespro@verizon.net, or call me at 310-703-1905.
The Real Estate Team of Griffin-Phelps
Our Team approach is designed to use our combined knowledge, skills, and over 45 years of combined experience to provide the expertise and service our customers and clients deserve.
Charlene Phelps has been a Realtor since 1976. She has served as RE/MAX Palos Verdes Realty's Broker/ Manager since 1989. In addition to her over 30 years of experience assisting her clients, Charlene has been admired and respected by all of the Realtors who have looked to her for guidance as their manager.
Charlene received her Bachelor of Arts Degree from Trinity College where she majored in mathematics and minored in physics.
She has received top honors from RE/MAX Palos Verdes Realty, including RE/MAX International Hall of Fame, Platinum Club, and 100% Club. She has been recognized by the Rolling Hills Association of Realtors as Realtor-Associate of the Year and Realtor of the Year for outstanding service.
Charlene has served as President of the Rolling Hills Association of Realtors, President of the Greater South Bay Regional Multiple Listing Service, Chairperson of Region 21, State Director of the California Association of Realtors, and Local Association Director/Officer.
You can count on the Real Estate Team of Griffin-Phelps.
WHAT IS AN ESCROW?
An escrow is an arrangement in which a disinterested third party, called an escrow holder, holds legal documents and funds on behalf of a buyer and seller, and distributes them according to the buyer's and seller's instructions. People buying and selling real estate often open an escrow for their protection and convenience. The buyer can instruct the escrow holder to disburse the purchase price only upon the satisfaction of certain prerequisites and conditions. The seller can instruct the escrow holder to retain possession of the deed to the buyer until the seller's requirements, including receipt of the purchase price, are met. Both rely on the escrow holder to carry out faithfully their mutually consistent instructions relating to the transaction and to advise them if any of their instructions are not mutually consistent or cannot be carried out.
An escrow is convenient for the buyer and seller because both can move forward separately but simultaneously in providing inspections, reports, loan commitments and funds, deeds, and many other items, using the escrow holder as the central depositing point. If the instructions from all parties to an escrow are clearly drafted, fully detailed and mutually consistent, the escrow holder can take many actions on their behalf without further consultation. This saves much time and facilitates the closing of the real estate transaction.
There are two important reasons for selecting an established escrow company. One is that real estate transactions require a tremendous amount of technical expertise and knowledge to handle properly. The other is that the escrow holder will generally be responsible for safe-guarding and accurately distributing the purchase price in accordance with instructions handed them.
Escrow Officers with established firms are experienced and trained in real estate procedures, title insurance, taxes, deeds, and Federal and State regulations.
An escrow officer must remain completely impartial throughout the entire process. He or she will normally adopt a courteous but rather formal manner when dealing with parties to the escrow, because the escrow office must follow the instructions of both parties without bias.
WHAT ARE ESCROW INSTRUCTIONS?
Escrow Instructions are written documents, signed by the principals to the transaction, which direct the escrow officer to perform specific steps to be completed prior to the close of escrow. Typical instructions would include the following:
Because the escrow holder can only follow the instrucitons as stated, and may not exceed them, it is extremely important that the instructions be stated clearly and be complete in all details.
WHAT THE SELLER DOES IN THE ESCROW PROCESS:
WHAT THE BUYER DOES IN THE ESCROW PROCESS:
CHILDREN'S MIRACLE NETWORK
I'm so glad that I can "make miracles happen" when I complete a successful transaction with home buyers and sellers!
Children's Miracle Network is an international alliance of over 170 children's hospitals providing state-of-the-art, lifesaving care to children. These hospitals treat millions of children for every disease and condition imaginable.
When you buy or sell a home through me, I make a contribution on behalf of the sale to the local Children's Miracle Network hospital. It's an incredible feeling to know that my contribution can help save children's lives. So, together, we can make miracles happen!
Finding the right real estate professional requires doing a little research and asking a few pertinent questions. You need to know as much as you can about the selling process. I suggest that you interview three agents. Be prepared to ask the following questions of the agents you interview:
Real estate professionals also need to be knowledgeable about the community. They need to have a feel for the history of the area and the approximate price that people will be willing to pay. Also, real estate agents should know what the competition is and how much it will effect your sale.
NEVER choose a Realtor based on price alone. Remember that a Realtor cannot magically raise the selling price of the house. Consider the buyer. The purchaser won't willingly pay too much; it's most likely that the buyer will do research on the market and try to find the best product for the best price. The facts simply cannot be changed, no matter which Realtor you select. In spite of these unchangeable factors, the Realtor you select must still be diligent and knowledgable.
If your property does not elicit attention within several weeks, the cause can most likely be attributed to one of these three factors: location, condition, and price. The location obviously cannot be changed. You should consider examining the conditioning of your property and reevaluating the marketing strategy. Ask your Realtor to offer an explanation of the competition and your pricing strategy.
My experience, education and accredited credentials far exceed other Realtors. I look forward to hearing from you and answering the above questions.
