🏡 Real Estate Is A Life Long Investment – #Irvine #RealEstate

 

Home Pictures | IrvineHomeBlog.com – Southern California Real Estate ༺༺ 🏡 ❤ ℭƘ ༻༻
Home Pictures | IrvineHomeBlog.com – Southern California Real Estate ༺༺ 🏡 ❤ ℭƘ ༻༻

Buying Real Estate Is A Life Long Investment

 

  • Don’t get to aggressive in your real estate property. Many people get too aggressive so that they can get a great deal, and they end up losing out entirely.  Let your Realtor do the negotiating for you.
  • If you are planning to purchase a pricey property, try to bring in an partner to minimize the upfront expenses.
  • If you are planning to stay in the house you are purchasing for several years, make sure that you purchase a home that has a good school nearby.
  • Get familiar with all lending information, rules and regulations. Your Realtor can direct you toward a good reputable lender, to avoid future problems and headaches.
  • Adding financial incentives to your offer will make the seller more likely to stick to the selling prices.
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  • Always do research before buying property. If you jump the gun, you may make a bad decision and purchase a piece of property that will cost you time and money.
  • If you are interested in a rental property, ensure that you know who is responsible for taking care of the yard before signing anything. Some rentals require the renter be responsible for yard duties. Other rentals include this included in the monthly payments.

You might like: Irvine Resources

  • Make sure you can afford your Monthly payments.  Don’t forget to add Home Insurance,  Homeowner associations (HOA), Gardener, Utilities, Property taxes, Special Bond Assessments (Mello Roos) and finally plan for any remodel / upgrades you like to make.
  • Finally, take the time to visit the neighborhood you are planning to Purchase your home in. Check the parks, Pool, School, Traffic, Shopping, Neighbors, Entertainment. Visit the home at night and  during the light hours to see your neighbors and see what you will have to deal with everyday.

 

 

 

 

blueline

🏡
Contact me for any Questions about the Real Estate Market, Schools, Communities around Irvine. If You are planning to Relocate to Orange County or are Looking for Vacation Home & Investment Property Please do not hesitate to Send me an Email Email

 
Christina Khandan
Keller Williams OC Coastal Realty
949-433-0803. Mobile
714-388-3771. Fax
Christinakhandan@gmail.com

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🏡Orange County #Dining 🍷Options – #Irvine

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Orange County has no shortage of upscale restaurants to choose from. Whether it’s a special occasion, a romantic date night or just because… Orange County fine dining is a force to be reckoned with. Top chefs from all over the globe are cooking it up from Newport Beach to Costa Mesa. Pair that with impeccable service, outstanding California wine lists and Pacific ocean views. Culinary perfection!

21 Oceanfront Restaurant
2100 West Oceanfront Newport Beach CA 92663 | Phone: (949) 673-2100 MENU

Agora Churrascaria

1830 Main Street, Irvine CA 92614 | Phone: (949) 222-9910 MENU

 

 

The Bungalow Restaurant

2441 East Coast Highway, Corona Del Mar CA 92625 | Phone: (949) 673-6585 MENU

Mastro’s Steakhouse

633 Anton Blvd, Costa Mesa CA 92626 | Phone: (714) 546-7405

Sapori Ristorante

1080 Bayside Drive, Newport Beach CA 92660 | Phone: (949) 644-4220

SeaLegs Wine Bar

21022 Beach Blvd., #105, Huntington Beach CA 92648 | Phone: (714) 536-5700

Posch Restaurent & Cocktails

18912 MacArthur Blvd.  Irvine CA 92612 (949)-833-1900

General-Dining

Bistango

19100 Von Karman Ave, Irvine, CA 92612 (949) 752-5222 MENU

Taiko (Best Sushi in town) Might not be fancy but its the best -

14775 Jeffrey Rd Ste K Irvine, CA 92618(949) 559-7190 MENU

Always check My Resource site for additional Content

 

 

 

Contact me for any Questions about the Real Estate Market. If You are planning to Relocate to Orange County or are Looking for Vacation Home & Investment Property Please do not hesitate to Send me an  Email Email  

Christina Khandan
Keller Williams OC Coastal Realty
949-433-0803. Mobile
714-388-3771. Fax
Christinakhandan@gmail.com

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🏡 Owner Can’t Be #Landlords – #Irvine #RealEstate

 

Irvine, CA 92620
Irvine, CA 92620

Over the past 50 years home ownership has fluctuated between 63% – 69%  of American families. There are about 115 million households in the U.S., meaning that approximately 75 million of those households own their own home. Put simply, a whole lot of people have experience buying real estate.

 

US Home Ownership - US Department Of Commerce
US Home Ownership – US Department Of Commerce

 

The home ownership rate in the U.S. fell to a 19-year low as rising prices and tight credit kept many first-time buyers out of the property market.

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If you are a home owner and have purchased a home more than once, that does’t mean you can buy Real Estate property to add to your Investment Portfolio. It does seem like it is the same process, you have investment funds, you hire a Realtor, make some offers and then you are the owner of another home.

The Concept is the same, but the underlying reason is different. When you buy a home as an investment you plan to use it as a business and all rules of business ownership comes into play.

The first Rule of your business is location. When you purchased your own home you considered, neighborhood, School, proximity to work, Shopping, Entertainment. The final decision with regards to your home was based on your requirements and priorities.

When buying your Investment Property(rental property) You will consider the same factors, except the priorities have nothing to do with you. You may prefer a suburban neighborhood away from the hustle and bustle of the city. Or, you may even prefer to live downtown.

You might like: Irvine Resources

They key factor is, your future tenants don’t care that you personally prefer to live in the suburbs or downtown or close to your job or Daycare, for that matter, anything else about you. They will only rent your property if it fits their priorities and their needs.  Your rental property is a business, and a business needs customers. Therefore, you have to think about your customers and your future tenants first.

When making a decision on where to purchase your Rental Property, you have to define your target tenant. It will impact your thinking and the location of the house you choose. The lot size, Number of Bedrooms, Style of the home, The Marketing and everything else that the future tenant would want. You have to remember that this purchase is an investment, and its not about you, its about the business.

 

 

 

Buying rental real estate can be a very satisfying and potentially lucrative investment strategy. The key is to think of each purchase as a business, not as a place where you will live. Just like you would consider the business fundamentals of a company before you bought stock, you must consider the business fundamentals of each property before you buy.

 

blueline

🏡
Contact me for any Questions about the Real Estate Market, Schools, Communities around Irvine. If You are planning to Relocate to Orange County or are Looking for Vacation Home & Investment Property Please do not hesitate to Send me an Email Email

 

 

 
 
 
blueline
 
Christina Khandan
Keller Williams OC Coastal Realty
949-433-0803. Mobile
714-388-3771. Fax
Christinakhandan@gmail.com

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🏡 Few Tips For Staging Your Home ✅ – #Irvine #RealEstate

 

Before listing your home for sale, you have to take the time and stage it correctly. No I do not mean to remodel your home or spend thousands of dollars on new furniture and appliances.

1. Remove all clutter – you want your house to be seen and focused on rather than your belongings. Remove your personal belongings. Leave three items of varying heights on each surface For example, place a lamp, a small plant, and a book on an end table.

2. Clean the house – Do a Thorough cleaning of the house, if some touch of paint is required, get it done. Baseboards always can use some color.

3. Furniture – Cut back on the furniture. If you have a lot of  items covering pretty much all of the living room corners, you know what you need to do.

4. Furniture Placement – After #3, you need to rearrange the furniture to what is trending now. Ask you Realtor for assistance. This is one of her main duties to make sure the house looks good and furniture is placed properly around the house.

5. Color – If you can add it to the budget add some color to some of the rooms. Use current fashion paint, visit home models or ask your Realtor for ideas.

6. Landscape – If you do have front/back yard make it look the best it can. Add some flowers and new soil along with lighting to the front of the house. If you have outdoor sitting, BBQ, Fireplace, make sure they are cleaned and up to par. Investment in a small fountain is not a bad idea.

Do not allow your Realtor to take pictures for Listing your home until you are ready and comfortable with the way your home looks. Most buyers these days pretty much choose the home they will be buying via the internet Search. They will visit the home last just to confirm what they have seen. Buyers do not have the time and they prefer to do most of their research online, that is why you need to have quality staging followed by great photographs.

 

🏡
Contact me for any Questions about the Real Estate Market, Schools, Communities around Irvine. If You are planning to Relocate to Orange County or are Looking for Vacation Home & Investment Property Please do not hesitate to Send me an Email Email

 

blueline
 
Christina Khandan
Keller Williams OC Coastal Realty
949-433-0803. Mobile
714-388-3771. Fax
Christinakhandan@gmail.com

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🏡 Motivated Buyers Still Exist – #Realestate #Irvine #IrvineHome

Fall Foliage
Fall Leaves

 

There are times when home sellers are afraid to put their home on the market, thinking the key summer buying season is over. Well that is not the case anymore.  It is true that you have to consider School Starting  calendar for some families, but you have to remember not everyone has young children and there are many whom are either downsizing or streamlining their Real Estate ownership due to personal reasons (older children moving to college, divorce,  downsizing, up sizing, health issues or something as simple as senior citizen wanting single story homes and more).

Early Fall has shown before to have some teeth to it when it comes to buyers looking for homes. There are always home buyers who are in a hurry to buy a home so that they can move before the Holiday season or before the temperature starts to get colder. Don’t rule out the August, September, October months to list your home.

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blueline

🏡
Contact me for any Questions about the Real Estate Market, Schools, Communities around Irvine. If You are planning to Relocate to Orange County or are Looking for Vacation Home & Investment Property Please do not hesitate to Send me an Email Email

 

blueline
 source: katie wheeler library research
Christina Khandan
Keller Williams OC Coastal Realty
949-433-0803. Mobile
714-388-3771. Fax

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🏡How to Make an Offer – #Irvine #RealEstate

`Contract 2

Christina Khandan Pinterest

 

 

Home Buyers in Irvine and Surrounding areas need to know that verbal offers on homes for sale are not real offers that we take seriously. This becomes more true once you start dealing with sellers which are Selling without a broker/Agent/Realtor. In the Real Estate Business we like to use contracts, yes you heard it right contracts. I think having a contracts is the best thing and if a seller is trying to get you not to follow the basic rules of the California State law you might want to walk away from that listing.

Often Sellers like to use Their own contract for Leases and or Purchase. As soon as you see this pattern you better be sure you will have a lot more work and headache ahead of you when it comes to the Escrow company the Seller chooses.

A good offer is usually one which is using California State Real Estate approved Contracts. There are additional addendum’s which needs to be included.

All offers should include a a Pre-Approval letter from a Lender and or Loan officer with their full contact information on the letterhead.

At times Buyers might need reassurance and might look for additional Sources of Income or Asset, but that is up to you and your Realtor to discuss.

Make sure you have a Contract when you are leasing or buying. There are many unscrupulous people out there and you have to do all you can to avoid being involved with one of them.

Remember: Use a Contract with a Realtor.

 

 

 

blueline

🏡
Contact me for any Questions about the Real Estate Market, Schools, Communities around Irvine. If You are planning to Relocate to Orange County or are Looking for Vacation Home & Investment Property Please do not hesitate to Send me an Email Email

 

blueline
 
Christina Khandan
Keller Williams OC Coastal Realty
949-433-0803. Mobile
714-388-3771. Fax
Christinakhandan@gmail.com

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🏡 Lowball Offers – #Irvine #RealEstate #IrvineHome

IrvineHomeBlog.com – Southern California Real
Home Pictures | IrvineHomeBlog.com – Southern California Real Estate

 

A Fellow Realtor told me a story about an Agent which was targeting one neighborhood and her focus was sellers only. She had many foreign buyers available so she new what to look for, which was a seller wanting to close quickly. Long story short this agent got to be known for moving homes in the neighborhood with exceptional speed and escrows which at times were less than 30 days. Which Seller would not want to use her? Right?

[Also Read: Choose Your Realtor Wisely]

Well her plan was not to provide comparable sales in the neighborhood to the seller and just say I will move your house and the price will be $xx.xx hoping the seller will not question her. Her trick was to price the properties, about $100,000.00+ below the current active market. Since she had the buyers already with her, she was able to go into several homes and be able to close the deal quickly and by the time the seller came to realize what had happened the escrow was closed and the Comps for that neighborhood were hit over and over again since she was selling way below market.

She did move their home quickly in every case, but at a cost to the Seller.

There are many seller out there which do not take time to do their homework and research. These days its as easy as asking your Realtor for a Comparable Analysis for homes around you and what they have sold for. If you fail to do this little research then you deserve to lose a lot of money.

 

 

 

blueline

🏡
Contact me for any Questions about the Real Estate Market, Schools, Communities around Irvine. If You are planning to Relocate to Orange County or are Looking for Vacation Home & Investment Property Please do not hesitate to Send me an Email Email

 

blueline
 
Christina Khandan
Keller Williams OC Coastal Realty
949-433-0803. Mobile
714-388-3771. Fax
Christinakhandan@gmail.com

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🏡 James Irvine – #Realestate #IrvineCompany

Little History of Irvine

 

Portrait of Harvey Rice (1800-1891), father of Henrietta Maria (Nettie) Rice.
Portrait of Harvey Rice (1800-1891), father of Henrietta Maria (Nettie) Rice.

Harvey Rice

Harvey Rice (1827-1886) was the father of Nettie Rice Irvine, who married James Irvine I. His portrait hangs over the main fireplace of the Katie Wheeler library. He was an educator, lawyer, real estate salesman, and prolific author, serving in the Ohio legislature. As a state senator, he took an active part in badly needed prison reform and sponsored the bill that established Ohio’s public school sytem and school libraries. His fellow citizens gratefully knew him as the “father of the common school system of Ohio.”

 

 

James Irvine
Portrait of James Irvine (1827-1886). A successful businessman, he acquired three ranchos (approximately 115,000 acres) in southern California along with brothers Thomas and Benjamin Flint and their cousin Llewellyn Bixby. Originally a sheep-raising operation, the acreage became one of the largest, most productive agriculture enterprises in the state of California.

 

James Irvine was born December 27, 1827, and came to the United States from Belfast, Ireland in 1846 at the age of 19 along with his younger brother, William. He came to California in 1849 during the Gold Rush, and acquired three ranchos in southern California along with brothers Thomas and Benjamin Flint and their cousin Llewellyn Bixby in 1864. Originally a sheep-raising operation, the acreage became one of the largest, most productive agriculture enterprises in the state of California. It spanned approximately 120,000 acres stretching from the Pacific Ocean to the edge of the Cleveland National Forest — almost a third of present day Orange County. He married Henrietta Maria “Nettie” Rice on July 25, 1866. They had two sons, James Harvey Irvine, who was born October 16, 1867, and Harvey Rice, who was born in 1874 and lived only seven months. Nettie died in 1874, and James Irvine remarried in 1880 to Margaret Byrne. In 1876 James Irvine bought out his partners. He died March 15, 1886.

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James Harvey Irvine
Portrait of James Harvey Irvine, Sr. (1867-1947).

James Harvey Irvine, Sr.

 

James Harvey Irvine, Sr., the son of James Irvine, also referred to as James Irvine II and by his initials, ‘J.I.,’ inherited the ranch on his 25th birthday in 1892. He made the Irvine Ranch into one of the most productive agricultural ranches in California. He married Frances Anita Plum, a San Francisco socialite, in 1892. On June 4, 1894, he incorporated the ranch holdings into the Irvine company. J.I. was fond of bird shooting, and kept Irish Setters and English Pointers, which can be seen in several of our historic photos. A portrait of one of his favorite Irish Setters, Mike, can be found hanging in the Katie Wheeler library. J.I. died in 1947 at the age of 79 years old. His surving son Myford became the next president of the Irvine company until his death in 1959.

An interesting bit of trivia is that the Irvine Co. sold Balboa and Lido Island for $35,ooo in 1910.

 

Irvine brothers James Harvey Jr. (Jase) and Myford swimming at the water storage tank, Irvine Ranch, ca. 1905
Irvine brothers James Harvey Jr. (Jase) and Myford swimming at the water storage tank, Irvine Ranch, ca. 1905

James Harvey Irvine, Jr.

James Harvey Irvine, Jr., also known as “Jase,” was born on June 11, 1893. He married Madeline Agassiz in 1914. They were divorced in 1926, and he remarried Athalie Richardson, a fashion artist, in 1929. They had one daughter, Athalie Anita ‘Joan,’ who was born on July 1, 1933. Jase served as the Vice President for the Irvine Company, and owned a magazine called Cinelandia for which his wife Athalie designed covers. He passed away at the age of 42 after a long battle with tuberculosis. His daughter, Joan, was only two years old at the time.

 

 

1864: The original Irvine Ranch was 120,000 acres and included parts of three Spanish Ranchos: Rancho San Joaquin, Rancho Lomas de Santiago, and Rancho Santiago de Santa Ana.

1876: Construction begins for the new ranch headquarters. James Irvine buys out his partners, Bixby and Flint for $150,000.

1891: Ranch headquarters is moved out of the home into a separate building in December.

1892: James Harvey Irvine, Sr., son of James Irvine, assumes control of the ranch.

1894: James Harvey Irvine incorporates land holdings as the Irvine Company on June 4. Kathryn Helena Irvine (Katie’s mother) is born on Sept. 29. She is one of three children born to James Harvey Irvine, Sr. (J.I.) and Frances Anita Plum.

1906: Following the San Francisco earthquake the Irvine Family moves from San Francisco and the ranch house becomes the family’s principal home. At that time it consists of 30 rooms.

1908: House is remodeled three times and reached its current size.

1910: Balboa and Lido Island is sold off for $35,000.

1920: Katie Wheeler born on February 27.

1947: Myford Irvine becomes president of the Irvine Company and moves into the Irvine ranch house.

1965: Irvine ranch house partially destroyed by fire and no longer habitable.

2003: Groundbreaking ceremony held.

2007: Construction begins to recreate the Irvine family ranch house.

2008: Katie Wheeler Branch Library opens.

Read more About Irvine Company Today (Click Here)

 


 

 

blueline

🏡
Contact me for any Questions about the Real Estate Market, Schools, Communities around Irvine. If You are planning to Relocate to Orange County or are Looking for Vacation Home & Investment Property Please do not hesitate to Send me an Email Email

 

blueline
 source: katie wheeler library research
Christina Khandan
Keller Williams OC Coastal Realty
949-433-0803. Mobile
714-388-3771. Fax

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🏡Tips Before you Redo a Bath – #Irvine #RealEstate

Bathroom remodel
Bathroom Simple Remodel Ideas

 

 

Christina Khandan Pinterest

 

 

When you are planning for you Bathroom / Power Room remodel, not much work is required to make the change and lighten things up.

- A bath remodel is no small undertaking. So before you start tearing up the tiles and picking out the tub, get a little advice from the people who make bathroom makeovers their bread and butter
– If you want an easy-care floor: Go for porcelain or glazed tiles, and avoid porous natural stone tiles like limestone. Unless sealed vigilantly, they’ll absorb drips and spills and become stained over time.

Please visit my Pinterest Bathroom Board for more ideas (Click Here)

Pinterest Bathroom Board
Pinterest Bathroom Board

 

- If you want a nonslip floor: Choose tiles with textured surfaces, matte finishes, or sand-containing glazes. Another option: small tiles with lots of grout lines, which offer better “grip” than large tiles.

- Go for an acrylic or hybrid formula you can remove without the use of harsh chemicals so that replacement is easier. And make sure it contains a mildewcide that offers protection for five years or longer.

- Theoretically, you can fit a sink and toilet into an 11-square-foot spot and still meet national building codes. But for comfort’s sake, look for an area that’s 3 to 4 feet wide and 6 to 8 feet long. Check local codes for additional requirements.

- The 15-amp wiring in your prewar house’s bathroom has likely been abused by years of high-power hair drying. So don’t just swap in GFCI outlets. Replace the wiring too, with a dedicated 20-amp circuit and plenty of outlets for all the appliances you use, from electric razors and toothbrushes to hair-straightening irons.

- There are no hard-and-fast rules about how high to hang towel bars and robe hooks. Designers use the dimensions above as a starting point. Decide where to put things early on so that you can add extra blocking where needed before finishing the walls. If you can, mark potential spots with painter’s tape first, then adjust for comfort.

- Don’t settle for a wimpy flusher. Maximum Performance testing (MaP) gauges a toilet’s ability to get the job done with just one push of the handle. Look for a loo with a MaP score of 500 or higher; this group includes many WaterSense-rated toilets, high-efficiency models that use as little as half of the 1.6-gallon-per-flush legal limit.

- Every sink style has its trade-offs. Go for the one that best suits your needs.

-Pedestal Sink – This slim silhouette is a favorite in diminutive powder rooms and small-scale baths, but offers zero hidden storage and negligible deck space.

Here is simple example of Bathroom makeover. Minor changes make big changes.

Bathroom Remodel
A Simple Remodel Example Toilet
Bathroom Sink Remodel
Bathroom Sink Remodel

 

 

 

 

blueline

🏡
Contact me for any Questions about the Real Estate Market, Schools, Communities around Irvine. If You are planning to Relocate to Orange County or are Looking for Vacation Home & Investment Property Please do not hesitate to Send me an Email Email

 

blueline
 
Christina Khandan
Keller Williams OC Coastal Realty
949-433-0803. Mobile
714-388-3771. Fax
Christinakhandan@gmail.com

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🏡 Set Your Asking Price Correctly – #Irvine #Realestate

AMELIA-3C-large

 

When its time to Sell Your home, There are a lot things you need to consider, but the main item you need to make sure is done right the first time is Setting Your Home Price.

As a Seller you do not want to price too low or too high and price yourself out of the current market trend. Your Realtor needs to know what the current market is and what the current prices are. Make sure when choosing your Realtor you pick one which knows the Local Neighborhood and Community.

 

1. Do Your Research.

This is more for your Realtor, but you as a Seller need to be knowledgeable with regards to the community, home prices around you and what they have sold for. With many internet sites and portals you can easily research homes, ideas, prices around you and get a feeling of what your competition is doing.

 

2.  Visit the Homes Around You.

Check the Inventory and see What upgrades they have or don’t have. Lots size for example in comparison to yours is a big thing, yes the last seller might have not had the larger more elegant Master Bedroom, but you need to know in Southern California more and more Buyers are looking for Outdoor Living and if they can build a Beautiful outdoor BBQ, Sitting, Fireplace then the extra lot size will add to the property.

 

3. Don’t Assume Bidding War is Automatic

Every seller has dreams of multiple buyers all competing for their home. Unfortunately that is not the case in every market condition. A Realtor can only do so much to create a Bidding war for the property. There are so many reasons which a bidding war can start but just remember to not base all your hopes on it.

Following are some reasons you might have a bidding war:

  • A Home which is very beautiful with ton of upgrades
  • A Home priced below market inventory Comps.
  • Home located in a very strategic location with regards to school and shopping, many times the biggest drivers of bidding wars — like school districts and market inventory — may be out of the seller’s (and agent’s) control.
  • Having a Great Curb Appeal
  • A home professionally  staged to grab the buyer.
  • Specialty Energy Saving Options. Specialty energy efficiency can be surprisingly big feature with Buyers.
  • Special upgrades you have done to Closets and Flooring
  • Pool and Outdoor Space upgraded



 

4. Emotions

Many Sellers have spent a lot of money and Love on their Home. It is possible a seller might have emotions get in the way of business judgement. If you planted Several Large Trees in your Home costing you over $20,000.00 and you were personally involved in the planting and delivery of the trees, don’t let it get in the way of your decision making. Hold on to the Memories and plan for a successful Sale and move on.

5. Keep your Expectation Reasonable.

Just because you spent $100,000.00 on your Landscape  and put in a $5000.00 BBQ does not mean you can recoup the full valuation of that work. Depending on the market and Demand at that time you have to be reasonable of what you can recoup in your investment and upgrades.

 

blueline

🏡
Contact me for any Questions about the Real Estate Market, Schools, Communities around Irvine. If You are planning to Relocate to Orange County or are Looking for Vacation Home & Investment Property Please do not hesitate to Send me an Email Email

 

blueline
 
Christina Khandan
Keller Williams OC Coastal Realty
949-433-0803. Mobile
714-388-3771. Fax
Christinakhandan@gmail.com

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