Submitting an offer on a home is a huge deal. When submitting the offer, the buyer(s) are required to provide an ‘earnest money’ deposit to the home owner as a show of good faith that they are fully committed to their offer. For many buyers, it can feel like a huge risk. This can cause […]
Category: Investments
Can The Los Angeles Mansion Tax be Avoided ?
We all understand that living in a bustling U.S. metropolitan city comes with a premium price tag. Whether it’s New York City, Chicago, Miami, or Los Angeles, the cost of living is going to be exponentially higher than it is in more rural or suburban areas of the country. One common factor in this inflated […]
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South Redondo Townhomes
What Does the Future Hold for the Townhome Market in South Redondo? Today’s real estate market is evolving as we speak. By the time you read this article, things could be drastically different from the time I am writing this. However, today I feel inclined to analyze one sub-market that I have had my eye […]
Lumber Prices have Fallen
The rise in costs of residential building supplies and shortage of skilled laborers over the past 18 months has been well documented in the news. The effects Covid-19 pandemic on the supply chain for products and materials used to build new homes has created a myriad of challenges to builders and to the end consumer. […]
Top Smart Home Systems for 2021
Updating your home to modern aesthetics is something that homeowners have been doing for decades. With recent advances in ‘Smart Home’ technology, updates are no longer just to keep up with visual style. Now, homeowners have to keep their homes up to date with all the latest tech. After all, Millennial buyers are looking for […]
Property Management by Merit
The Top Property Management Services in the South Bay. Proudly serving Redondo Beach, Manhattan Beach, Hermosa Beach, Torrance, Inglewood, Hawthorne, Gardena, Lomita, and Lawndale About Merit Property Management At Merit Real Estate, we strive to provide our associates and their clients with high-quality, professional real estate services. We are proud to offer Property Management led […]
The Top Tax Credits for Homeowners
You may have heard people saying that owning a home is beneficial for tax purposes, but you don’t fully understand why. Perhaps you know about some tax benefits, but fear you may be missing out on some tax break opportunities. We have compiled a list of our favorite tax credits for homeowners! While it is […]
Invest in Real Estate
Purchasing a home is the best investment you’ll ever make. When you purchase a home you are truly making an investment – gaining equity and saving your down payment until you choose to sell at a higher price. Make sure you’re making the right investment for you! School District Makes a Difference You may be […]
Preparing to Buy a Home
You’ve decided that it’s time for you to purchase your first home. Now what? Now it is time to start preparing to buy a home. Being a first-time homebuyer is one of the most exciting and uncertain times of your life. We want to make sure that you’re 100% prepared for this life-changing moment so […]
What Are Closing Costs?
Debunking the myths and mysteries of closing costs. Closing costs are the fees paid at the time of closing on your house. You’re so close to being a homeowner! These closing procedures are the last step between you and being an official homeowner. One critical thing that some buyers forget is the option to have […]