A once-in-a-lifetime incredible and unique opportunity to remodel or build your dream home on a 31,000-square-foot ocean and city view lot on the prestigious Tigertail Road. This property sits at the end of a cul-de-sac offering extreme privacy and 180 degree panoramic views. Located above the fog line, this is a large, mostly flat, and buildable pad offering endless opportunities for the end user or developer.
https://www.zillow.com/homedetails/12262-Sky-Ln-Los-Angeles-CA-90049/20559695_zpid/
Read This Before You Make The Leap To Homeownership
Buying your first home is a big deal. Excitement aside, there is lots of preparation to do and many things to consider before you make the transition from renter to homeowner. Keep reading for tips and advice on how to walk this road without wandering astray.
Question Everything
Before you reach out to a real estate agent, it’s best to ask yourself if you are really ready for homeownership. Architectural Digest asserts that your best bet is to pursue a home purchase only if you plan to be at the same place for at least five years. You’ll also want to take an in-depth look at your finances to make sure you can afford the expense.
Owning a home costs more than just the monthly mortgage — you have to pay to maintain it and keep the lights on, too. And, like when you apply for rent, your mortgage lender will want to know that you can comfortably afford your mortgage payment. To do this, they look at many factors, including your income, debt-to-income ratio, and credit history, which can quickly get your mortgage application rejected, and the property itself.
Just as your lender will look at the value of the home, you also have to consider the type of property you plan to purchase. This is because some loans are better suited to certain properties and buyers. A rural housing loan, for example, may be used by low-income buyers to purchase a certain type of dwelling in a rural area. First-time buyers with little money down may want to opt for an FHA loan, which requires a lower credit score than a conventional loan.
A Narrow Path
Once you have answered the questions of whether you are ready to own a home, and if you can afford it, you can start the house hunting process. Get ready, because this can actually get overwhelming quickly. You can reduce stress and anxiety by narrowing down your selections based on your finances and needs.
In addition to price, The House Designers says to keep your search focused on homes that have the minimum number of bedrooms and bathrooms you need. If you like to cook, avoid houses with tiny kitchens. Pay close attention to location, and get familiar with local school zone maps – never assume that your house is zoned for the school you desire just because it’s close.
As you filter your search, there will be fewer homes to choose from, but that means you can focus your attention on properties that are more likely to work. Another tip: talk to your spouse or partner before making your priorities list. You may find that you have wildly different ideas on the type of house you want, and it’s best to come to a compromise before you drive yourself crazy taking turns looking at houses that one of you despises.
In Order And Ready To Sign
Now you’ve found a house that everyone loves, the hard work can begin. With your down payment in-hand, it’s time to make an offer. The real estate climate can help you determine whether you want to offer asking price, less, or more. Your realtor can also help you look at the home and comparable properties to make a fair and objective offer.
When your offer is accepted, things will move quickly. You’ll have a home inspection, appraisal, and will be in constant touch with your mortgage lender. There may be some back and forth, especially if issues are found with the property or if it appraises for less than you’ve offered.
It usually takes between four and eight weeks to get to closing day, which is when you pay your part of closing costs and take possession of your new home.
Your realtor is the best person to help you through the process, which may be smooth sailing or a bumpy road, depending on your credit and homes available in your area. Careful preparation is the key to success. The above advice can get you started and will hopefully give you a few things to think about before you take the plunge.
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Mid Century Modern
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Architects – Why did a handful of American and European architects decided to disrupt the centuries-old, ornamented Greco-Roman habit? Mid Century Modern architects’ exciting new ideas ensured the middle classes could enjoy beautiful surroundings. Read about their courage and vision here.
Architecture – Mid Century Modern architecture rejected the use of buildings to delineate class and wealth. Instead, modern standards included creative use of new materials to create clean lines, organic shapes and the integration of the building into the surrounding environment. Understand the Mid Century Modern standards once and for all here.
Artists – Mid Century Modern artists like Henri Matisse, Pablo Picasso Jackson Pollock abstracted their subjects even more than their Impressionist predecessors. Focusing on shape, movement and even the “Fourth Dimension of Art,” they worked harder to evoke intense emotion and thought more than delight the eye.
Designers – Visionaries like Gio Ponti, Harry Bertoia, and Charles and Ray Eames removed weight, ornamentation and material from furniture, decor and other household items, focusing instead on shape and color to please the eye. See how they combined shape, texture and size to stun homeowners across America.
Interior Design – Mid Century Modern interior design is on fire. Make sure you understand all the tenets of the modern decor style so your living space coheres beautifully. We make it simple here.
Auctions – Know the top auction houses so that you can bid on your favorite artists and furniture designers either in person, via email or via an auction house representative.
Events – Scores of Mid Century Modern events exist to delight modern enthusiasts. Consider making these conferences and shows the centerpiece for your next vacation. Some offer hundreds of activities over a week-long period.
Tours – Looking for a great Mother’s Day, Father’s Day or other activity for your Mid Century Modern enthusiast spouse or friend? Most cities stage either self-guided or guided walking tours conducted via various local societies. No better way to understand how to pull all your pieces together than seeing how the pros do it up close.
Preservation – Mid Century Modern enthusiasts ready to join the battle to save the sophisticated buildings of 1945 – 1970 can get started on our preservation page. Incredible organizations like the Palm Springs Modern Committee, the Los Angeles Conservancy Modern Committee and the DC Preservation League have saved scores of homes and buildings with historic value.
Shows – Shows focusing strictly on Mid Century Modern art, architecture and design appear in museums as they travel across the country. Get an extra bonus when you attend a Mid Mod show in a Mid Mod building! We list a selection here.
