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Huntington Beach

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Huntington Beach, CA

Discover the Orange County city that defines Southern California. A place where the quintessential mild and mellow California beach culture that made the state famous still perseveres; where pretentiousness takes a back seat to casual and cool; where the true trendsetters of West Coast fashion, food and lifestyle reside. Huntington City Beach is a 3.5-mile stretch of pristine shoreline. Popularly known as "Surf City," Huntington Beach is home to the world famous municipal pier, and is a west coast surf mecca for more than 8 million annual visitors. Whether enjoying an evening at one of our fire pits or enjoying a day at a professional sporting event such as the U.S. Open of Surfing, "Surf City" offers a variety of exceptional, recreational, cultural, and entertainment opportunities.

Find trendy threads at the Bella Terra mall and 5 Points Plaza, or discover real-deal California beach gear like Quiksilver at authentic surf shops. Chow down on California beach-style grub or wine and dine at upscale eateries. Unwind and romance in luxury Huntington Beachhotels, let loose with downtown nightlife or relax in an abundance of parks and preserves.

The City of Huntington Beach operates 70 parks totaling 750 acres.  In addition, the 98-acre Meadowlark Golf Course is also located within Huntington Beach.  The City of Huntington Beach has rental facilities available to the public.  Rooms and large halls can be rented for various occasions.  Room rental facilities are located at the Municipal Art Center, City Gym & Pool, Murdy Community Center, Edison Community Center, Senior Center as well as three clubhouses, Harbor View Clubhouse, Lakeview Clubhouse, and Lake Park Clubhouse.  The city’s Newland Barn, located within Bartlett Park, also has a hall with historical gardens and gazebo available for rent.

The district’s high expectations for students and the staff are reflected in high API scores and student performance levels. Our schools are frequent recipients of many local, state, and federal awards and honors, including recognition as California Distinguished Schools and National Blue Ribbon Schools.

To learn more about the Huntington Beach school district, click on this link:

http://www.hbcsd.k12.ca.us/index_det.php

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Real Estate Tips

Short Sales >1. What Is a Short Sale?

A short sale is discussed if the home owner is facing financial hardship and is therefore unable to make payments on the home loan. In the event that the bank or mortgage lender agrees to it, a short sale is an alternative solution when foreclosure is looming. “Short sale” literally translates to selling a piece of real estate just short of the remaining balance of the loan. Because the homeowner finds him or herself in a position where paying the loan just isn’t feasible, the lender will then discount the balance of the loan and the home owner will sell the property and forfeit all of the proceeds to the lender. By doing this, the lender concedes that selling the property at a loss is a better option than continuing to pursue the borrower.

There are four conditions of a short sale:

  1. The home’s market value is down. This means that the home is worth less than the remaining balance on the home loan. Another way to say this is by saying that the home is "underwater".
  2. The mortgage is in default or heading that way. A mortgage default occurs when the borrower stops making payments on the loan. At that point, the lender can seize the property from the borrower.
  3. The home owner encounters hardship like divorce, death or serious illness, unemployment, bankruptcy, etcetera. It is important to note that personal lifestyle choices that cause financial strain are not considered.
  4. The home owner has no assets. If the homeowner had assets, he or she could use these to make payments on the loan.

How do you know if you qualify for a short sale?

Whether or not a home seller can go through with a short sale ultimately depends on his or her bank or mortgage lender. They have to agree to the short sale process in order for it to come to pass. If the seller’s situation does not line up with the aforementioned four points, he or she may not qualify to sell their home on a short sale.

Any buyer can put an offer in on a home up for short sale so long as they are able to qualify for a loan. It is, however, up to the lender whether or not an offer will be accepted on the property.

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Real Estate Trivia

Q 
What area was designed to look like a 1940s southeastern town with traditional architecture?

A 
Disney's "Celebration" in Orlando, FL, will eventually have 8,000 houses and many commercial tourist attractions.
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Carol Gilles, REALTOR®, real estate agent and broker for Torrance, California home listings, property and land for sale - NUMBER1EXPERT

Carol Gilles
The Real Estate Group

3480 Torrance Bl # 100
Torrance, CA. 90503
CA DRE# 00803846
Cell: 310-864-9738
Fax: 310-534-4436
Email: carol@carolgilles.com

Carol Gilles has been in real estate in the South Bay area since 1979. She has been awarded Top Producing Agent seven years, and is a multi-million dollar producer. She guides all her clients through all of their real estate need with exceptional experience and professionalism. Carol Gilles is America's NUMBER1EXPERT™ in real estate for the Torrance area. So contact her today! DRE# 00803846

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