SANDY COAST HOMES

Torrance's Century 21 Union Realty, a 50+ year dependable servicer to the South Bay community. We have extensive experience in buying, selling, and managing various properties, including residential, commercial, and investment properties. 

While we're based in California, we can still assist you in finding a local real estate agent in your state. We have great contacts globally... Real estate is a diverse field, so we typically leverage our network and resources to help connect you with a qualified professional who meets your specific needs and location whether you're buying or selling.

Feel free to reach out, we'll do our best to support you, no matter where you are located!

1. Define your Goals: determine your objectives - whether it's buying your dream home or selling to upgrade/downsize.

2. Financial Preparation: Assess your finances. Get pre-approved for a mortgage to understand your budget. Contact us if you need any references.

3. Research and Educate Yourself: Understand the market conditions, neighborhood trends, and property values. For buyers, research areas that align with your preferences. For sellers, know the current market value of your property. We can help put this information together for you after our first conversation and go over it together when we meet!

4. Find a Real Estate Professional: We've got one of the most capable and motivated teams around. Shoot us a call, email or schedule an appointment with us for an initial consultation for more information on the process.

Here are a few things to consider:  

Selling: If you're selling, you'll typically pay off your existing mortgage with the proceeds from the sale. Sometimes, if the sale price doesn’t cover the remaining mortgage balance, you might need to bring additional funds to close the sale.

Buying: When buying a new property while still having a mortgage, you can use the sale proceeds, savings, or additional financing to cover the existing mortgage and potentially qualify for a new mortgage on the new property.

Investment: Your current property may have appreciated in value, you might have equity that can be leveraged for a down payment on an investment property. You could consider refinancing your existing mortgage or applying for a home equity loan/line of credit to access this equity. 

However, it's essential to consider potential penalties for early repayment or clauses in your mortgage agreement that might affect your ability to sell or buy. Consult with a financial advisor or your mortgage lender can provide clarity on your specific situation and help you navigate this process smoothly.