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Torrance Real Estate & Homes For Sale

Specializing in Torrance homes for sale and the Los Angeles County real estate market, you have found your realtor resource for buying and selling your next home. With expertise in Redondo Beach realty for both purchasing and listing properties, all of your real estate needs can be handled. Whether you are looking for a new Palos Verdes Peninsula property or you are in the preliminary stages of a Lomita real estate search, you have found the best in professional service.

Through this real estate website, you have the ability to search virtually every home for sale in Torrance and all other local areas. In addition to accessing San Pedro houses and real estate for sale, this web site features comprehensive community information for Los Angeles County that can help guide you in making the right buying or selling decision.

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This web site features every real estate tool you need. You can browse exclusive homes for sale, search virtually all Torrance area listings through the property search, calculate mortgage payments on your next home with real estate mortgage calculators, access home buying and selling tips, and get tremendous area information. If you are interested in learning about Los Angeles County schools, this site also offers thorough school information.

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 Bill to Stop Tax on Loan Modifications Passes Legislature – updated 7/17/14
If the principal on your mortgage was reduced with a loan modification new legislation may lower taxes.
The Legislature has passed AB 1393 (Perea), a bill that will prevent homeowners from being charged state income tax when they’ve had a mortgage loan modified to reduce the principal. Under current law, the forgiven debt created by a reduction in principal as a result of a loan modification isn’t subject to federal income tax, but is currently taxable under state law. The bill has been passed by the state Legislature and awaits the Governor’s signature. If signed, it will become effective immediately and is retroactive to January 1, 2014. This is great news for homeowners. The CALIFORNIA ASSOCIATION OF REALTORS® supports this measure.
 
Pro-Consumer, Anti-“Shill Bidding” Bill Considered in Senate – updated 6/20/14

Real estate auction companies increasingly are being used to sell real estate. Some lenders require homeowners to agree to use an auction company to see if the property fetches a higher price at auction before a short sale offer will be accepted. One aspect of the auction that is not commonly known is that the auction company may place a bid on behalf of the seller – or a “shill” bid – to artificially drive residential and commercial property prices up.

The CALIFORNIA ASSOCIATION OF REALTORS® is sponsoring AB 2039 (Muratsuchi), which would prohibit "shill bids" and make clear that only legitimate bids may be placed on behalf of a seller; otherwise, the seller bid must be disclosed to the all bidders as a bid which cannot be accepted to complete the sale of the property. The measure has passed the Senate Judiciary Committee but faces stiff opposition from the auction companies.  

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Prudential California Realty
23530 Hawthorne Blvd #100 • Torrance, CA 90505
Phone: (310) 941-7961 • CalBRE #01367352 --- Fluent in Polish & German ---



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