SOLD BY NELA HOMES - 2214 Duvall

2214 Duvall_023330


Discover this charming remodel 2015 built with an ADU, front house offering 1,200 SF of living space with 3 bedrooms and 2.5 baths. Modern finishes splashed throughout and flooded with natural light.

First floor is an open space that flows between living, dining, and kitchen areas with one half bath and laundry closet. Second level renders 3 bedrooms, 2 baths with generously sized windows for the enjoyment of surrounding mountain views. One of the bedrooms offers an en suite bath.

The back home offers an open floor plan, 2 bedrooms and 2 bath 1923 bungalow with tons of charm. Conveniently single story with a private backyard and detached bonus/creative space. Truly a rare find. 4 parking spaces dedicated and delivered vacant at close.

SOLD BY NELA HOMES - 370 Atchison Sreet

370 Atchison_121936


Stunning Spanish Revival Home in Pasadena circa 1923. This single story Spanish residence features modern amenities and is located in the serene tree-lined neighborhood of Pasadena.

The interior strikes a perfect balance between vintage character and contemporary updates. The living room and dining area offer a warm and light filled environment for entertainment with a charming side courtyard. This well thought design is complimented with European white oak floors, marble countertops, and traditional wood windows.

The expansive 10,801 square foot lot possess mature trees and lush landscaping, along with several entertaining areas. In addition, the property has an easy access driveway and private garage.

SOLD! 2130 Sunset #54

2130 Sunset SPC 54

Ann acted as buyer's agent in the successful sale of 2130 Sunset #54.  Ownership changes lives – it’s that simple. It provides stability, more stake in the community, and a greater sense of pride and accomplishment.

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The Basics of Escrow

Although defining escrow can be difficult, basically the process of escrow is this: Buyers and sellers deposit documents and money with a neutral third party to be held. When certain conditions agreed upon by both buyer and seller are met, the third party (the "escrow holder") then distributes the documents and the money.

 The escrow holder works for both the buyer and the seller, and can act only according to specific written instructions given by both parties. The steps followed by an escrow officer in a conventional transaction might be as follows:

  • Receive buyer's initial deposit and prepare escrow instructions. Obtain all signatures.
  • Order title search and receive preliminary title report.
  • Distribute copies of preliminary title report to all parties and obtain approval.
  • Request "demands" (that is, pay-off statements) from existing lenders.
  • Obtain seller's signature on grant deed. Hold grant deed until all terms are meet, and all money is deposited.
  • Calculate prorations on property taxes, rents, insurance, or other expenses as required.
  • Coordinate with buyer's lender. Order and process buyer's loan documents.
  • Receive buyer's down payment funds and request funds from buyer's lender.
  • Order recording of grant deed to buyer and distribute all funds: Pay-off existing loans; pay required costs, such as termite completion; release net proceeds to seller.

Most purchase contracts will require that the buyer apply for financing within a few days after acceptance of the buyer's offer. Knowledgeable real estate agents will arrange for buyers to be "pre-qualified" by a lender before finalizing any purchase contract.
So, at the same time the escrow officer is engaged with instructions, title searches, and demands; the buyer and the buyer's lender are busy with the loan approval process.
The steps followed by the loan officer processing the application might be as follows:

  • Obtain and review the buyer's credit report. Obtain satisfactory explanations from the buyer of any negative items.
  • Verify other credit reference items, such as rent payments to a landlord.
  • Verify the buyer's sources of income.
  • Verify that the buyer has adequate liquid funds for his or her down payment, closing costs, and reserves.
  • Obtain all supporting documentation from the buyer.
  • Order an appraisal of the property, and confirm that the property's value is equal to the purchase contract sales price.
  • Obtain buyer's signatures on federally required Truth-In-Lending documents.
  • Submit the loan to underwriters for final approval.
  • Coordinate delivery of the buyer's loan documents to the escrow officer.

While the escrow officer, loan officer, and buyer are handling their duties, the seller also has tasks to perform. These tasks may be as follows:

  • Prepare detailed disclosures regarding the property's condition, including copies of warranties, permits or repair invoices for work previously done on the property.
  • Make home available for physical inspection by contractor, geologist or other tradespeople as required by the purchase contract.
  • Give escrow officer information on existing loans to check against title search findings.
  • Make home available for inspection by licensed termite company.
  • Make home available for inspection by lender's appraiser.
  • Make any repairs agreed upon in purchase contract.
  • Make home available for completion of any required termite work.

As your real estate agent,  it is my job to see that all participants are performing their tasks correctly and on time; so that your escrow proceeds smoothly and closes successfully.

SOLD! 1145 E. Barham #151

1145 E Barham #151


As buyer's agent, Ann successfully negotiated on behalf of the buyer in the sale of 2130 Sunset #54.  Ann supports her clients with insight on today's housing market and expert advice on how to submit a strong offer at a fair price.

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Mortgage Financing Terms

What does APR mean?

Annual Percentage Rate (APR) -- Represents the actual note rate of the borrower's loan at the time of the application plus points and certain closing fees added and re-calculated as if they were interest, and were computed on an annual basis. The APR is i ntended to give consumers a standardized basis to compare the costs of borrowing from different lenders. It is not the actual note rate that will be used to determine the borrower's monthly principal and interest payment.

How to use APR for comparison:

Is there a wide spread between the APR and the actual note rate? Has a lender has quoted an unusually low note rate, but the APR on the truth in lending statement is equal or higher than the APR stated by competing lenders? Either of these scenarios indicate that a lender might be charging higher points and closing fees to offset a lower note rate.

What are points?

Points are a one-time, up-front fee charged by the lender to originate the loan. 1 point equals 1 percent of the loan amount.

What is PMI?

PMI or "private mortgage insurance", also called "mutual mortgage insurance", is an insurance policy that insures the lender for loss that might occur due to foreclosure on a loan that exceeds 80% of a property's value. PMI does not insure the borrower from loss. A premium is paid as part of the buyer's closing costs equaling one year of coverage, and a three month impound of monthly premium is usually also charged. PMI may require that borrowers maintain a minimum of two months cash reserves in their bank account, and additional sums may be impounded through escrow pursuant to the requirements of the lending institution or the PMI company.

What do the other figures on the "truth-in-lending" statement mean?

Finance Charge -- Represents the total interest that would be paid if the loan were repaid over the full contact term (usually 30 years). Points, and certain closing fees paid to originate the loan as specified by Regulation Z are also included in this total.

Amount Financed -- Represents the dollar amount of the borrower's loan less points and certain closing fees as specified by Regulation Z. This figure is not the loan amount. Again, a wide spread between the actual loan amount and the amount financed could indicate higher points and closing fees.

Total of payments -- Shows total dollar amount that would be paid if the borrower makes all the payments required for the full contract term (usually 30 years).

Good Faith Estimate -- Lists fees that are charged to process, approve, and make the mortgage loan.It is a federal requirement that every lending institution send out a good faith estimate (Regulation Z) within three days of the loan app

SOLD! 3535 Linda Vista #320

3535 Linda Vista #320

Acting as buyer's agent, Ann successfully guided the buyer through the process of purchasing 3535 Linda Vista #320


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SOLD! 3320 Lowry Road

3320 Lowry

Ann represented  the buyer in their purchase of 3320 Lowry Road, providing expert assistance and guidance throughout the process.  The real estate industry is complex and dynamic. Pricing, mortgage interest rates, and demand can change often. As your buyer's agent, Ann will stand by your side, keeping you informed on the latest trends and what they mean for you.

We connect clients with opportunities!

2021 Housing Market Outlook

The housing market ended 2020 on a strong note as sales reached the highest level in 15 years and the statewide median price set another new record. After experiencing one of the sharpest declines in years in the second quarter of 2020, California home sales bounced back with a year-over-year gain of nearly 20 percent in the second half of 2020, and the state housing market pulled off an annual growth rate of 3.5 percent. Despite the pandemic and two lockdowns, the housing market remains a rare bright spot in a struggling economy that is slowly recovering.

While there are still many uncertainties about COVID-19 and the economic conditions, the outlook is brighter this year and the economy is expected to grow solidly in 2021. As vaccines started rolling out at the end of last year and another round of fiscal stimulus is on track to arrive, the pace of recovery should begin to pick up in late first quarter. The growth momentum will sustain through the rest of the year, assuming new virus variants will not lead to another surge in cases. The US GDP will improve this year by 4.4 percent and the national unemployment rate will decline to 6.1 percent.

A favorable lending environment will continue to benefit the housing market and fuel demand further as economic conditions improve. With pent-up demand staying high and mortgage rates hovering near record low levels, home sales in California will remain robust in the first quarter. Despite tight housing supply conditions, sales of existing single-family homes in California will increase in 2021 by 11.2 percent.

With housing supply tightens up in more affordable markets and the economic downturn having a bigger adverse impact on lower-priced segments, the mix of sales will continue to skew towards higher-priced properties and push median prices upward in coming months. The statewide median price will continue to rise on a year-over-year basis and the market may see a new median high before the summer.

Further price increase is expected in the second half of the year, but the pace of growth will moderate. The normalization of the mix of sales as the economy recovers and an increase in foreclosed properties as mortgage forbearance is lifted are reasons that could keep prices in check and prevent the statewide median price from rising too fast in the third and the fourth quarters of the year. Overall, however, the imbalance between supply and demand will continue to put upward pressure on home prices, and the statewide median price is projected to grow 8.0 percent in 2021.

SOLD! 2372 Edgehill

2372 Edgehill

Acting as buyer's agent, Ann was instrumental in assisting the buyer with his purchase of 2372 Edgehill, providing expert guidance and support every step of the way.

We connect clients with opportunities!

SOLD! 8973 Lawrence Welk #273

8975 Lawrence Welk #273


As buyer's agent, Ann made sure that the purchase of 8973 Lawrence Welk #273 went smoothly and successfully.

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SOLD BY ANN - 8975 Lawrence Welk #169

8975 Lawrence Welk #169

This is a stunning two bedroom, two bath home with a spectacular, unobstructed, mountain view. It is situated at the top of the hill in Champagne Village, a gated, active, 55+ community.

The home has been completely remodeled with beautiful new flooring, and an upgraded kitchen with new stainless appliances. The bathrooms are beautifully updated and there are dual pane windows throughout. Central air and heat.

A spacious bonus California room is not included in the county square footage.

This is not leased land, homeowners at Champagne Village benefit from owning the land beneath their home.

The monthly HOA fee is $230 for all the amenities: including tennis and pickleball courts, heated swimming pool, spa hot tub, fitness room with showers and lockers, clubhouse (Village Hall) laundry facilities, billiards room, dog park and walking area, golf practice area, bocce ball court, picnic and outdoor staging area. There are activities and events happening every week.

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SOLD BY ANN - 276 Camino Real Space #165

276 Camino SPC 165

2 Bed 2 Bath Home with 1440 Square feet & Permitted California room for additional 160 Sq Ft.  

This is a choice location on the Lake in Laguna Vista, right in the middle of the park with a Lake view from the Master Bedroom & From the Enclosed California Room.

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SOLD! 1330 Oak Grove

We are pleased and grateful to announce that Ann participated as Buyer's Agent in the sale of 1330 Oak Grove Drive in Eagle Rock.  The escrow, lender, and listing agent, all contributed to bring a complex transaction to close on time!

1330 oak grove

Ann acted as buyer's agent, successfully helping the buyer navigate the entire process of purchasing 1330 Oak Grove Drive.

We connect clients with opportunities!

SOLD BY ANN - 2815 Via del Robles


Elegant custom built Tudor influenced home with gated entry. Situated on 1.73 acres with tranquil views of lush groves, rolling hills and gentle valleys. Main residence includes 4 bedrooms, 3.75 baths, a spacious entertainer's kitchen with center island and peninsula, ample cabinetry, custom brickwork, vaulted ceilings, fireplace and dry sauna. For privacy, the luxurious master suite is located on the second level. Central air and heating is available on both levels of home. A new HVAC unit was installed in 2015.

The additional guest suite is located above the 3 car attached garage and has its own separate entry. It includes a living room, kitchenette, bonus bedroom and bath. The guest suite was updated in 2015 with new flooring, carpet and paint.

Step outside to the expansive outdoor living area with a fully equipped kitchen-BBQ area, heated pool and spa, patio, and an observation deck gazebo to experience commanding views. On the slope below the deck, you'll find a shady grove of approximately 20 mature avocado trees

Other amenities include: Solar panel system and Additional RV parking outside the wrought iron fence.


While the financial reasons for selling are important, there’s often far more to consider. Non-financial reasons can also be a significant motivating factor. If you need help weighing the pros and cons of selling your house, let’s connect.  Ann has the experience and expertise to guide you.