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Neighborhood Spotlight – Big Bear City

Although it’s often confused with the City of Big Bear Lake, Big Bear City is the unincorporated township located to the east of Big Bear Lake, in the center of the Big Bear Valley. The Stanfield Marsh Bird Sanctuary borders to the west, Baldwin Lake borders the eastern edge, and the San Bernardino National Forest cradles Big Bear City to the north and south. Sub-areas include Baldwin Lake, Erwin Lake, Lake Williams, and Whispering Forest According to the 2010 census, Big Bear City’s population has more than … [Read more...]

The Escrow Process – Part Two

When escrow is opened the buyer’s deposit check will be cashed. Assuming the sale goes through, this money will be applied to the purchase price of the home. If for any reason the sale is not consummated, a buyer may be entitled to receive all of their deposit back, depending on the reason, less standard cancellation fees. In certain instances, the seller may be able to retain this money as liquidated damages. Prior to executing a purchase contract it would be wise to speak with your agent or attorney regarding … [Read more...]

The Escrow Process – Part 1

Congratulations! You’ve negotiated an agreed upon sales price on a perfect piece of Big Bear real estate. So now what happens? It’s time to open escrow. Very simply defined, an escrow is a deposit of funds, a deed or other instrument by one party for the delivery to another party upon completion of a particular condition or event. In California, escrow companies are regulated by the Department of Corporations or the Department of Real Estate and must undergo constant scrutiny. They are required to hold funds in … [Read more...]

Big Bear Real Estate Neighborhoods

Spotlight on Boulder Bay Big Bear real estate is comprised of many unique neighborhoods and Boulder Bay is one of the most iconic places in the Big Bear Valley. Towering pine trees, massive rock formations, and tranquil lake views are the dominant features of this classic neighborhood. The rock formations that seem to float in the waters off Boulder Bay are some of the most photographed images in Big Bear. Boulder Bay is located on the south-west shore of Big Bear Lake and is one of the first neighborhoods you … [Read more...]

Big Bear Real Estate – Do It Yourself Pest Control

Living in Big Bear means being close to nature, and sometimes nature gets a little too close for comfort. As soon as the weather starts to warm ants begin showing up on kitchen counters. And mice can move into your home without you knowing it. So what can a Big Bear homeowner do to keep pests out of their home and yard? Here are a few tips for keeping Mother Nature in her place. Keep It Clean The best way to control pests is to keep your home and yard as clean as possible. Mice and bugs are attracted to food and if … [Read more...]

Living “Green” In Big Bear

Most of us were brought up believing that our natural resources would last forever. Now try to imagine a world without blue skies, towering trees, and all the natural beauty that makes Big Bear such an amazing place to live. It’s painfully obvious now that we have squandered our resources and if we all don’t take action, many of the things that we take for granted could soon be lost. So what can one person do about it? Can one Big Bear household really make a difference? Absolutely! Conservation starts in the home … [Read more...]

Market Conditions – New Home Down Payments

With the housing bubble burst, the real estate market has returned to a “back to basics” mentality. The days of creative financing and piggyback loans are over. The credit bar has been raised and there are more obstacles to overcome in making a purchase. Cash is still king. The trick is to balance the amount of your down payment with a reasonable monthly mortgage payment. Depending on the size of the down payment, you can generally expect to pay between .75% and 1.15% of the purchase price for your monthly … [Read more...]

Home Appraisal Tips

Home appraisals are meant to establish market value. A lowball appraisal can kill your real estate transaction. A Home Appraiser is a specialist who uses mathematical analysis to determine your home’s value (Sales Comparison Approach). This value is based on similar homes in your neighborhood. First, the value per square foot is determined and applied. Then the appraiser looks at the overall condition of the home. 1.  All appraisers are not created equal Appraisals are not fact.  Rather, they are the opinion of … [Read more...]

Big Bear Lakefront Homes

It’s the ultimate in Big Bear real estate - a single family home on Big Bear Lake with a private dock. Imagine being able to jump in your boat for an afternoon cruise or entertaining a few friends on your lakeside deck while enjoying one of the best views in California. Now imagine that dream becoming a reality. Thanks to the correction in the Big Bear real estate market, what was once out of reach for most homebuyers is now becoming surprisingly affordable. Bank-owned lakefront homes, some located on prime deep … [Read more...]

Springtime Home Maintenance

One of the great things about living in Big Bear is the variety of weather we enjoy. In mid-April, we had over a foot of snow and temperatures were well below freezing. As I write this, just two weeks later, the temperatures are in the seventies and the snow has all but disappeared. We’re swapping our ski poles for fishing poles and everyone is happy to see warm weather again. As temperatures rise and snow melts it signals the time to start thinking about seasonal home maintenance. On average, exterior home … [Read more...]