Lori's Bell Canyon/West Hills/Calabasas Blog

BEES AND HONEY!!!

2011-05-18T15:57:00.001-07:00

I have a very good friend who recently purchased a home in the Western San Fernando Valley. At the inspection, it was determined that a large bee hive was present on the outside of the home. The owner removed the bee hive, and my friend thought that would be the end of the bees. Not so fast!....It turns out the bee hive was removed but the honey that the bees made was still present and the hole that the bees were using for their entrance and exit remained. The bees continued to go to the honey and began to enter the house through light fixtures etc. A second bee company had to go to the property and secure the hole and remove the honey as well. It is important to know that just because a bee hive is removed does not remove the bees...A good bee company would know that all parts must be removed to erradicate the problem. It was a lesson for me because I always thought that once the bee hive is removed the problem is gone....FYI

READY, SET GO....Prepare Yourself and Your Home Against Wildfires

2011-05-18T15:40:00.000-07:00

Ready, Set, Go! is a program offered by the fire department to ensure that a homeowner living in a wildland fire area is familiar with the threat of wildfires and how to go about protecting your home against this threat..The homes that are in these areas must clear weeds by June 1, 2011. READY- teaches homeowners howe to make their home safe (defensible space, fire resistant landscaping, fire safe construction etc) and how to assemble emergency supplies and prepare evacuation routes. SET- teaches homeowners awareness during fire weather(back car into the driveway, assemble the things to take if evacuated, monitor property for embers, monitor the media for fire updates). GO - explains to homeowners why it is important to leave early and not wait for an evacuation order and therefore allowing firefighters room to do their job in protecting your home. Please visit www.vcreadysetgo.com for further valuable information

LOAN CHANGES AFFECTING ALL BUYERS

2011-05-08T15:04:00.000-07:00

The loan limit which has been in place by FHA and conventional Fannie Mae and Freddie Mac at $729,950.00 is going down to $625,500.00 around September 2011. What does this mean for home buyers? A loan being obtained will be considered JUMBO if it is higher than $625,500.00. For qualified buyers obtaining a jumbo loan will be more challenging, but there are loans out there if you have good lenders who will shop for the best financing possible. The reduction by the government will hopefully make buyers realize that it is still such a good time to buy a home due to the low interest rates and the buyers ability to borrow. Further, lenders have lowered the requirement on FICO scores on FHA loans to 580, which will allow a new pool of buyers into the real estate market. Purchasing power has never been better, and when the changes do take place with the lowering of the conforming amount, buyers will ask why did I not know this was happening and take advantage by buying a property prior to the change in September 2011.

OPEN HOUSE - BE SMART AND SAFE

2011-04-22T15:56:00.000-07:00

I was informed recently that a realtor was holding an Open House on a Sunday afternoon when a stranger entered the property and took the realtors' life! Although we all try to avoid situations that can be harmful to us, do we ever really stop to think about the danger of holding an Open House?

Think about it..No one would ever let a complete stranger walk through their own residence. Yet, we allow perfect strangers into our Open Houses. We do not know most of the people who attend an Open House, yet we freely open up a property to anyone who may be "our next buyer".

I have always made it a rule to never sit an Open House alone for many reasons. First and foremost, for my own personal safety. Secondly, I have been entrusted with a person's residence. I do not know what valuables are in the property, and if there are two pairs of eyes watching people, the chance of any issues arising is reduced. Third, no one knows what the personal circumstances are with a particular property owner and it is best to not be along in the event that someone enters the house to do harm to the residence.

We all need to take a moment and realize that our own personal safety is first and foremost. No amount of money on a sale can be worth our lives. Please take a friend, spouse or neighbor with you on your next Open House and be smart and safe.

Title Insurance - Real or a Myth?

2011-04-22T13:22:00.000-07:00

The purchase of a home is one of the most expensive and important purchases you will ever make. You and your mortgage lender will want to make sure the property is indeed yours and that no one else has any lien, claim or encumbrance on your property.

Title insurers work to identify and eliminate risk before issuing a title insurance policy. Title insurance will indemnify a property against loss under the terms of your policy. Title companies work in advance of issuing your policy to identify and eliminate potential risks and therefore prevent losses caused by title defects that may have been created in the past.

Buyers and lenders in real estate transactions need title insurance. Both want to know that the property they are involved with is insured against certain title defects. These defects could be liens, lot line adjustments or a person could claim ownership that they have a lien across your land etc.

In essence, by acquiring your policy, you derive the important knowledge that recorded matters have been searched and examined so that title insurance covering your property can be issued. Because a title policy is a risk eliminator, the probability of exercising your right to make a claim is very low.

WHAT IS A HOME WARRANTY?

2011-04-22T13:08:00.000-07:00

A home warranty is a one year service contract that covers repairs and or replacement of a home's major mechanical systems and appliances.

Benefits of a home warranty include peace of mind, and cash flow protection. The cost of a repair or replacement of a covered system or appliance is the home warranty company's responsibility not the homeowner. There is a low trade call fee of approximately $55.00 and this only requires a phone call. Coverage is renewable year after year. In most instances, the home warranty policy pays for itself after the one or two calls.

Did you know that anyone can purchse a home warranty. Whether it is for a main residence or rental property. You do not have have to buying a home. It can be purchased at any time.

Think about the cost of a roof repair? Speaking from experience, a good roof warranty which can be obtained separate from the regular policy will more than pay for itself if you have a leak....In certain cases, a new roof can be obtained with very little cost to the homeowner who is protected under a roof policy.

We all know the costs to maintain a home, it is just some food for thought.

Earthquake Preparedness, Helping Japan and Enjoying Springtime with Hummingbirds.

2011-03-30T12:20:00.000-07:00

http://ewingsir.com/author/lorieinhorn/

KINDNESS OF A STRANGER

2011-03-14T17:38:00.000-07:00

I just recently returned from traveling to London, England. My observation of the people and their genuine kindness was so powerful that I wanted to share my experience. Whether I was asking for directions, a good place to dine, or just saying a friendly hello, everyone took the time to help. My impression was that the people were mostly warm and very friendly. It is so important to everyone to try and make a kind gesture each day, not only to help out someone with a simple act of kindness, but it makes us feel really good as well. We are always in such a hurry that we forget how easy it is to be nice to others...

Whose Sidewalk Is It Anyway?

2010-04-29T17:14:00.001-07:00

The City of Los Angeles would like to pass the burden of repair of sidewalks in front of a residence to the homeowner. The City's fiscal crisis is now a personal crisis for each homeowner. As we all try to cope with thedecreasing value to our homes and the inability to refinance our current loans, the City of Los Angeles would like us to add this possible expense to our list of bills we currently cannot afford.

A sidewalk repair can be quite costly, and if a homeowner who is losing their home to foreclosure, short sale or bankruptcy would be in absolutely no position to pay for a repair to their sidewalk! Additionally, if the City gets their way and the homeowner does not repair the sidewalk, a lien can be placed on the property which would create a problem for the sale of the property to the new buyer and current seller and could possibly prevent the sale from closing.

The City of Los Angeles is looking for ways to cut their liability, expenses and overall responsibility to the citizens of our great city. It is up to each homeowner to begin to get involved and see how to get their voices heard.
At least a resolution can be made to ensure that the City participates in a repair if they are making it necessary for the homeowner to make the repair in the first place.

When do homeowners get their bailout?

A Blog about Blogging

2010-04-26T16:44:00.000-07:00

As I blog today, I realize that some people out there really do not even know what a blog is or are truly not interested in blogging. It is today's mail. It is a form of social internet communication that lets us reach so many people about a subject that interests us or someone else. It can also be important information that is spread across the globe to help others in a matter of seconds. Even though many of us may not be comfortable with blogging, it is time that we connect with others who may share a common interest, an important health issue or just curious about a certain topic.

I am not that comfortable about blogging, but I want to reach others to share my expertise in real estate, or share important information about real estate today. This is a great tool for me to do that from the comfort of my own home.

Join me and blog about issues that matter to you.

Happy Blogging....

SNOW IN BELL CANYON

2010-01-23T14:08:00.000-08:00

Bell Canyon will have snow on Sunday, February 14, 2010.
Bell Canyon's famous snow hill on Baymare Road will be the fun place to be on February 14, 2010. Snow is brought in and children of all ages can go down the snow hill with saucers and sleds.The event is free and drinks and food will be available for purchase.

Anyone can enjoy snow hill and you do not have to be a resident.

Rain will cancel the event, and please do not bring metal or wooden snow gear or sleds.

The snow will hopefully last from 10:30 am to 1:30 pm.
What a great time for everyone.
See you there....

PLEASE HELP HAITI

2010-01-19T14:16:00.000-08:00

Most people do not know where the small island of Haiti is located. Now, we seem to be watching in absolute horror that one of the poorest places on earth is devastated!

We must all help this country! It does not matter if you have little to give, but each one of us must contribute something. In 1906, San Francisco was hit with a massive earthquake and the infrastructure of aid to San Francisco was better than in 2010 for Haiti. This country is primitive in that it does not have the basic necessities to ensure that life is sustainable.
Each one of us must get out of our comfort zone of a warm house with heat or a fireplace, and take a moment to offer assistance.

The people who are creating miracles such as "Doctors without Borders", and the Red Cross are just a few organizations that we can support as they
try to save lives.

Those who give will in turn receive the greatest gift of all; a full heart..

TIFA : THE BEST TASTING CHOCOLATE IN THE VALLEY

2009-10-12T16:54:00.001-07:00

Have you heard of TIFA?
Do you know that right here in our backyard is a wonderful place for chocolate lovers? TIFA is a chocolate retail store that proudly serves gourmet chocolate, sipping chocolate, exquisite gelato, coffee, expresso drinks and tea ( hot or iced).

Tifa is a family owned business that was originally set up as an online retail chocolate store. The demand grew for this decadent delight and the store was opened in Agoura Hills. Upon visiting, the tasting experience begins. Chocolate samples from Chile, Italy and other exotic locations are given and a chocolate education ensues while your tastebuds are in heaven!

The family believes that TIFA was founded on the principle that chocolate is not just a food but an entire experience that one can really enjoy. Gift baskets, chocolate bars, chocolate party kits are some of the items that can be purchased. TIFA also offers parties with five or more guests on Monday nights where one can bring family and friends to sip chocolate with lavendar or peanut butter, eat gelato and sample all types of chocolate. TIFA feels that chocolate is like a fine wine that engages all the senses and covers the spectrum of flavors. What a great experience!

Bell Canyon Median Renovation Started

2009-10-09T16:14:00.000-07:00

The Board of Directors has awarded a renovation contract for the median in Bell Canyon to Oakridge Landscape Company in the amount of $282,408.00. The renovation includes the median between the front guard gate to Hackamore Lane.

The project includes replacement of irrigation, electrical and new drought tolerant planting. The entire project will provide a more efficient system and size appropriate landscaping,

All plans are available for viewing in the Bell Canyon Association Office. The completion date is scheduled for November 2009.

Patience is a virtue as we endure the trucks, red traffic cones, and incomplete condition of the landscaping. Remember that it will only improve Bell Canyon and look forward to the new renovation and beautification of the community.

Bell Canyon Celebrates 40 Years

2009-10-09T15:10:00.000-07:00

The community of Bell Canyon is 40 years old this year. Before Bell Canyon was developed, the Chumash Indians occupied the area for 2,000 years. In 1967, Bell Canyon was a working cattle ranch where animals roamed the hills and mountains. In the autumn of 1968 Cliff May, the renowned architect, designed what is now the Bell Canyon Equestrian Center. A joint partnership was formed a few years later between Boise Cascade and Spruce Land Corporation to purchase the land and the area was named "Woodland Hills Country Estates". The properties were sold by 1/2 acre to 40 acre parcels.

In 1969, the new property owners took over the community and formed their own homeowners association and renamed the area Bell Canyon. Bell Canyon was named for Charles A. Bell, who was a lawyer and Justice of the Peace in Calabasas in 1906. During a gun battle in 1887, Charles Bell is said to have lost his right arm while raiding a moonshiner.

Today, Bell Canyon has developed into a wonderful community of approximately 800 estate homes. Bell Canyon offers something for everyone. There are wonderful parks, hiking trails, an equestrian center, tennis courts and a private 24 guard gate. Additionally, there are community events for all ages which include Snow Day, Halloween Hang, Bell Canyon Broadway, Hot August Nights just to name a few. Bell Canyon is a majestic community hidden in the hills and mountains of the western San Fernando Valley where one may find jagged sandstone markings from the Chumash Indians.

IS IT A GOOD TIME TO BUY REAL ESTATE?

2009-10-06T14:49:00.000-07:00

Hello to all the skeptics out there who are still sitting on the fence waiting for the market to tank!
This is your opportunity to buy a property today at the best interest rates and prices the real estate market has seen in a very long time.
The inventory is still high and if you are a first time homebuyer take advantage of the tax credit that will be expiring in November 2009. The Sellers want to sell and are willing to negotiate. If a Seller is not negotiating at this time, move on to another property.
There is no better time than now...Renting a property to forecast the market will not allow the financial freedom to move on a property when it becomes available.
Wishing everyone a productive day.

Happy Mothers Day Week to All my Clients

2009-05-04T09:37:00.000-07:00

It is so important to always remember your mother. As a mother, I know that I think of my children each and every day and worry, wonder, and hope that each day will be the very best it can be for my children.
During this week as we all think about our mothers, remember that there is someone who worries, wonders and hopes that your day as a mother is wonderful and productive.
As we go about our busy schedules, call Mom, email Mom, text Mom, or just send a card...She is thinking about you.
Happy Mothers Day to all my friends, clients, and family who are Moms. May your Mothers Day be filled with special moments and embrace the ones you love...

2008-02-26T12:34:00.000-08:00

Hello Everyone

We are in a "changing" real estate market. What does that mean? Who do you listen to and where does one get quality information?
First of all, it is a great time to buy real estate. Why. The prices are down for the first time in almost 7 years. The interest rates are still low. So why are buyers sitting on the fence?
What about qualifying for a loan?
These are just some of the topics we will cover as we begin to blog and discuss the real estate
market in our area.
Look forward to comments.
Have a peaceful and productive day.

Lori

Lori Einhorn's blog for today, February 23, 2008

2008-02-23T16:40:00.000-08:00

Hi Everyone.
I have just started a blog on my website. Please feel free to make comments and share your thoughts on the real estate market in our area. I will be posting information relevent to our neighborhood.
I look forward to hearing from everyone.
Please join me. Thank you.
Lori Einhorn