Fusion South Bay real estate and townhomes for sale

Fusion South Bay Real Estate and Homes for Sale

What Are Contingencies in an Escrow During a Home Sale?

by

What Does Contingent Mean on a House Sale?

By Matt Goeglein at Fidelity National Title

In the context of a house sale, “contingent” typically means that the sale of the house is dependent on certain conditions being met. These conditions could include things like the buyer securing financing, the completion of a home inspection, or the sale of the buyer’s current home.

For example, if a buyer makes an offer on a house and the offer is accepted by the seller, the sale may be contingent on the buyer obtaining financing within a specified period of time. If the buyer is unable to obtain financing, the sale may fall through.

Another common contingency is a home inspection. If the inspection reveals significant issues with the property, the buyer may have the option to renegotiate the terms of the sale or back out of the deal altogether.

Contingencies are designed to protect both the buyer and seller in a real estate transaction. They give the buyer an opportunity to ensure that the house is in good condition and that they can obtain financing, while also giving the seller some assurance that the sale will go through if the conditions are met.

Types of Home Contingencies

There are several types of contingencies that can be included in a home sale contract. Here are some of the most common.

Financing contingency: This contingency specifies that the sale of the home is contingent on the buyer obtaining financing. If the buyer is unable to secure financing within a specified timeframe, the contract may be voided.

Appraisal contingency: This contingency specifies that the sale of the home is contingent on the home appraising for at least the purchase price. If the appraisal comes in lower than the purchase price, the buyer may have the option to renegotiate the price or back out of the deal.

Inspection contingency: This contingency specifies that the sale of the home is contingent on a satisfactory home inspection. If the inspection reveals significant issues with the property, the buyer may have the option to renegotiate the terms of the sale or back out of the deal.

Sale contingency: This contingency specifies that the sale of the home is contingent on the buyer selling their current home within a specified timeframe. If the buyer is unable to sell their current home, the contract may be voided.

Title contingency: This contingency specifies that the sale of the home is contingent on the seller having clear title to the property. If there are issues with the title, the contract may be voided or the seller may need to take steps to clear the title before the sale can proceed.

It’s important to note that contingencies can vary depending on the specifics of the contract and the state or region where the sale is taking place. It’s always a good idea to consult with a real estate professional or attorney to ensure that your contract includes the appropriate contingencies for your situation.

Coming Soon – Home In Fusion Hopes to Set A New Record

by

**update – please note that this home sold in 2023 – Click here to see the current homes for sale in Fusion

5403 W 149th Place #6 in Fusion Fusion South Bay in Hawthorne

Listed at $1,155,000

After some very slow months in the gated community of Fusion South Bay, there is reason to celebrate with another home soon to hit the market.  Listed by Richard Eldred of Coldwell Banker Residential, this “J” floorplan is in pristine condition and will be listed at the highest price of all time.  The list price is clearly based off of the sale of 5404 W 149th Place Unit#7 which sold over the summer. That same J floorplan 3 bedroom unit was listed at $1,099,000 and closed at $1,155,000.

This upcoming home is due to hit the market and start showing on 10/2 (subject to change).  5403 W 149th #6 is a very nicely upgraded  “J layout”(click to see floorplan) with a major selling point of having all living spaces on one level.  The one tradeoff is that there are lots of steps from the garage as the J units sit above the G 3 bedroom units.  This home has a number of really nice features including updated hickory hardwood floors, granite counters in the kitchen, fresh paint, stainless appliances and remodeled bathroom.  The listing mentions a half bath on the “lower” level but we’re not sure what they are referring to as we’ve never seen that in any other J unit.  Some of the highlights of this layout are the open floorplan, living spaces and bedrooms on the same level, larger balcony than normal and huge windows in the living and dining areas.

As with all of the condos and townhomes in Fusion the community is served by the award winning Wiseburn School District.

Community amenities include a very nice pool and spa, small playground, half basketball court and an abundance of landscaped walking paths.

5403 W 149th Place #6 Basics

  • 3 bedrooms
  • 2 bathrooms
  • J Floorplan (all living spaces on one level)
  • 1,660 sq feet (original builder plans indicate 1,790…..buyer to verify)
  • $343 monthly HOA
  • Built in 2007
  • Interior laundry
  • 2 car side by side attached garage
  • Gated community with playground, pool and jacuzzi
  • Listed by Richard Eldred – Coldwell Banker Residential – 310-378-5201

Contact Fusion real estate specialist Keith Kyle with Vista Sotheby’s International to request more information or to set up a private tour

5403 W 149th Place Unit#6, Hawthorne, CA 90250 – Listed at $1,155,000

Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

See the Homes That Sold in Hollyglen Hawthorne During July 2023

by

7 homes Sell At and Average Price of $1,092,571Condos in Three Sixty South Bay

It was a strong month for the real estate market in Hollyglen and Del Aire in Hawthorne of which Fusion is a part of.  There were 7 homes that sold during the month.

The average list price was an impressive $1,084,843 and the average sales price of the 7 homes was an even more impressive $1,092,571 meaning that, in general, homes sold above the list price.

The average price per foot was $697 and homes averaged a brief 25 days before going into escrow.  If you are looking for a home in the area see the current homes for sale in Hollyglen and Del Aire neighborhoods of Hawthorne.

None of the 7 sales were in Fusion South Bay although 2 were in the nearby gated community of Three Sixty.

July 2023 Home Sales in Hollyglen and Del Aire

Type Address Price $ Per Foot Bed/Bath Sq Feet Age
SFR/D 4917 W 133rd ST $825,000 $679 3/2,0,0,0 1215/A 1951/ASR
SFR 5031 W 129th ST $850,000 $748 3/2,0,0,0 1136/ 1951
CONDO/A 12920 Central AVE #404 $1,025,000 $651 2/2,0,0,0 1574/AP 2013/BLD
SFR/A 5022 W 120th ST $1,100,000 $815 4/2,0,0,0 1349/A 1941/ASR
SFR 4930 W 137th PL $1,218,000 $514 3/2,0,0,0 2369/ 1947
TWNHS/A 5441 Ocean #101 $1,300,000 $637 3/3,0,0,0 2040/A 2014/PUB
SFR/D 5540 W 138th Place $1,330,000 $836 3/1,1,0,0 1590/P 1954/PUB

Wishing you a Happy 4th of July in Fusion South Bay and Beyond

by

From all of us at Fusion Homes for Sale, local realtor and Fusion specialist Keith Kyle and Vista Sotheby’s International Realty we hope you have a happy 4th of July weekend.  Whether you’re celebrating at home, at the pool, or at the beach, have fun and stay safe.

4th of July in the South Bay

5507 W 149th Place #15 Sells Way Over List Price at $938,300

by

5507 W 149th Place Unit#15, Hawthorne, CA 902505507-W-149th-Place-Unit#15

Well we’re back to ZERO listings for sale in the gated community of Fusion.  There have certainly been slow times in the past but nothing quite like this.

There were 3 new listings last month and it was very exciting……briefly.  One ot the mst impressive was the 2 bedroom D layout townhome that just recent closed over $40,000 over the list price.   The multi-level home was a clean and bright D layout that was listed for $895,000.   We didn’t envision this taking too long to sell given there is nothing else, but we were still impressed with the price

The home was a  nicely updated  “D layout”(click to see floorplan) with both bedrooms on the top level.  As with just about every layout in Fusion the tax records and builder layouts show a slight discrepancy on square footage.  Builder data shows 1,331 but tax records show 1,240 sq feet.

As with all of the condos and townhomes in Fusion the community is served by the award winning Wiseburn School District.

Community amenities include a very nice pool and spa, small playground, half basketball court and an abundance of landscaped walking paths.

5507 W 149th Pl #15 Basic Info

  • 2 bedrooms
  • 2 bathrooms
  • 1,240 sq feet (buyer to verify)
  • Built in 2007
  • Gated community with playground, pool and jacuzzi
  • Listed by Jourdan Lee Khoo & Nicole Miller – AKGRE Inc – 424-249-7162

Contact Hawthorne real estate specialist Keith Kyle with Vista Sotheby’s International to request more information or to set up a private tour

5507 W 149th Place Unit#15, Hawthorne, CA 90250 – Listed at $895,000 & Sold at $938,300


Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

3 Bedroom J Unit Now For Sale in Fusion South Bay

by

New “J” Floorplan Home Just Listed at $1,099,000

Residence J floorplan in Fusion South Bay
3 bedroom residence J floorplan in Fusion South Bay

We were excited that a third home was hitting the market in  the gated community of Fusion South Bay, but the two that hit the market a little  over a week ago are now both already in escrow so we’re down to just the one.

This most recent listing is a desirable and somewhat rare J floorplan that’s basically all on one level.  The J sits above the other 3 bedroom G layout so there are a lot of stairs from the entry and especially from the garage but once there’s it’s a fantastic layout and floorplan.  All three bedrooms are on one side of the home with kitchen, living and dining on the other making for a nice open style layout.

The location in the community is in one of the furthest east buildings.  While this isn’t necessarily ideal given what some of the east facing units look over, #7 basically looks west so not as impacted as some of the other homes in the building.  The home is nice with some upgrades including hardwood floors and granite countertops.  As with all of the homes in Fusion the home enjoys central heat and AC.

Fusion has a very nice pool and spa, small playground, half court basketball and small grassy areas for the dogs.  Take a look below to see the details and photos of this newest listing.

Fusion is also located in the community of Hollyglen in Hawthorne and enjoys the award winning Wiseburn School District.

View the MLS listing details below.

5404 W 149th Pl #7 Basics

  • 3 bedrooms
  • 2.5 bathrooms
  • 1,790 square feet per builder plans….tax records shows 1,660
  • $330 monthly HOA
  • 2 car attached garage
  • Built in 2007
  • Listed at $1,099,000
  • Listed by Paul Buller – Paul Buller Properties – 310-218-9256

Contact Fusion real estate specialist Keith Kyle with Vista Sotheby’s International for more information

5404 W 149th Place Unit#7, Hawthorne, CA 90250 – $1,099,000