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Apache is functioning normally

May 28, 2023 by Brett Tams

In today’s modern world, the house goals of yesteryear are a distant memory.

Long gone are the days of window shutters, oversized crystal chandeliers, multiple small rooms, intricate designs, wrought-iron railings, small windows, and large porches with overhanging beams.

Modern mansions favor simple and clean designs with open spaces.

While traditional mansions offer intricate and elegant details, today’s luxury homes feature straight lines, geometric shapes, a flat or low-sloped roof, and clean exteriors with little to no texture.

Luxurious homes of the past featured building materials such as brick, wood, plaster, stucco, and stone. Meanwhile, contemporary mansions favor newer, more technologically-advanced building materials including reinforced steel and concrete.

And windows, lots and lots of floor-to-ceiling windows.

Sophisticated smart homes are all the rage, as are connected outdoor spaces, white rooms and simple color palettes, open floor plans, glass walls allowing for ample natural light, green features, security settings, and the utmost privacy.

While traditional mansions typically featured a number of small, single-purpose rooms, modern floor plans include seamless open-ended spaces.

After all, one cannot be confined to small spaces while living that luxurious lifestyle! 

A closer look at 18 of our favorite modern mansions

When it comes to stunning estates, we’ve got you covered.

From wraparound pools featuring panoramic views to glass walls for days, to dream chef kitchens, to seamless indoor-outdoor living spaces, we’re taking a look at 18 modern mansions that have knocked our socks off.

And we think you’ll (really, really) like them too.

A Marc Whipple-designed modern mansion with a wraparound pool

Designed by acclaimed architect Marc Whipple, this massive 11,200-square-foot home in Beverly Hills is quite a stunner.

aerial view of a Marc Whipple-designed modern mansion with a wraparound pool
Photo by Tyler Hogan, courtesy of Sally Forster Jones of Compass

Offering six bedrooms, seven bathrooms, and two half baths, the multi-million dollar manse features disappearing walls of glass, so that its residents can enjoy the stunning views from each and every room.

Speaking of views, they’re completely unobstructed, with downtown Los Angeles, Catalina Island, and the coastline on full display. Those lovely landscapes can be seen from the home’s stunning wraparound pool.

Other luxurious amenities include a movie theater, a secret Zen garden, gym, guest house, glass wine cellar, gated driveway, and an outdoor kitchen.

Photo by Tyler Hogan, courtesy of Sally Forster Jones of Compass
Photo by Tyler Hogan, courtesy of Sally Forster Jones of Compass
Photo by Tyler Hogan, courtesy of Sally Forster Jones of Compass
post malone rental beverly hills
Photo by Tyler Hogan, courtesy of Sally Forster Jones of Compass

This Beverly Hills manse had its moment of fame a few years back, when it was rented by Rockstar hitmaker Post Malone. It was later listed for sale with a whopping $26 million asking price.

A breathtaking Hollywood mega mansion with museum-quality energy crystals throughout

Built in 2021, this mega mansion is located in the heart of Hollywood.

Boasting panoramic views of downtown Los Angeles, the Pacific Ocean, and the canyon, the home offers six beds, nine baths, and nearly 10,365 square feet of living space.

modern mansion built on spec in Hollywood
Photo credit: Sean Gordon courtesy of The Agency

The sophisticated smart home features museum-quality crystals sourced from around the world and placed with extraordinary care throughout to energetically enhance the residence.

Offering double-height ceilings and incredible indoor/ outdoor living spaces, the California compound also includes a custom home theater, fitness center, wine cellar, second living room and all the finest custom finishes.

Photo credit: Sean Gordon courtesy of The Agency
indoor-outdoor-living-modern-mansion-1871-N-Stanley-Avenue-Los-Angeles
Photo credit: Sean Gordon courtesy of The Agency
Photo credit: Sean Gordon courtesy of The Agency
Photo credit: Sean Gordon courtesy of The Agency
Photo credit: Sean Gordon courtesy of The Agency
Photo credit: Sean Gordon courtesy of The Agency

Setting a new gold standard for Southern California living, the picturesque backyard — which is front row to the city and canyons — features a beautiful sparkling pool/spa, a built-in BBQ area, and a grassy green lawn.

See more of this unique Hollywood mega-mansion here.

A striking $150M modern mansion in Bel-Air with 360-degree views

This beautiful home in Bel-Air has all the bells and whistles you’d expect in a modern mansion (and then some).

a modern mansion with city views is the most expensive house in Bel Air, California
Photo credit: Matthew Momberge courtesy of Compass

Designed by award-winning architecture and design firm, Saota, the private compound is perched on a promontory high above the city — opening up to unobstructed, 360-degree views of Los Angeles.

Set on a 1.15-acre lot, the swanky crib offers nine bedrooms and fourteen baths spread across 20,841 square feet.

Some of the luxury amenities include an infinity pool with a secluded cabana and pool-side sunken fire pit, three separate staff quarters, and a one-bedroom guest house with a separate, private pool.

Photo credit: Matthew Momberge courtesy of Compass
Photo credit: Matthew Momberge courtesy of Compass
Photo credit: Matthew Momberge courtesy of Compass
Photo credit: Matthew Momberge courtesy of Compass
Photo credit: Matthew Momberge courtesy of Compass
Photo credit: Matthew Momberge courtesy of Compass

This magnificent manse was owned by George Ruan, co-founder of online coupon-clipping company Honey (now part of Paypal).

The Razor House in San Diego, the real-life Iron Man house

The one-of-a-kind architectural masterpiece known as The Razor House was designed in 2007 by San Diego-based architect Wallace E. Cunningham.

alicia keys house
Photo credit: Gary Kasl courtesy of The Agency

The striking concrete and glass mansion — dubbed ‘the Iron Man house’ due to its resemblance to Tony Stark’s mansion in the famous Marvel movie — is perched on the edge of a cliff overlooking the Pacific Ocean.

Offering endless concrete terraces, the stunning estate has mesmerizing views of surrounding hills and the ocean below.

Photo credit: Gary Kasl courtesy of The Agency
Photo credit: Gary Kasl courtesy of The Agency
Photo credit: Gary Kasl courtesy of The Agency
Photo credit: Gary Kasl courtesy of The Agency
Photo credit: Gary Kasl courtesy of The Agency

Featuring several outdoor lounge areas, the luxurious three-story home comes with six bedrooms and six baths, with nearly every room opening up to jaw-dropping views. 

In 2019, Grammy Award-winning singer Alicia Keys and husband Swizz Beatz bought The Razor House in a $20.8 million deal.

Villa Vella, one of Europe’s finest contemporary homes

Spanish dream house, anyone?

Dubbed Villa Vela, this sprawling 23,476-square-foot property is located in the sun-bathed province of Andalusia, Spain.

Photo credit: The Agency

Sitting behind its own gates, at the end of a sweeping driveway, Villa Vela offers a total of six bedrooms and six baths. 

The posh property has been designed to be free-flowing and, as such, has an open plan, including floor-to-ceiling retracting windows that open directly onto a terrace that stretches from one end of the house to the other.

Photo credit: The Agency
Photo credit: The Agency
Photo credit: The Agency
Photo credit: The Agency
pool view of the Villa Vela in Andalusia, Spain
Photo credit: The Agency

Not to mention, each of the suites has its own outdoor space, and they also all connect directly to the vast upper terrace, its lawn, garden, and dining area, and benefit from breathtaking views.

A futuristic, yacht-shaped mansion perched high atop the Los Angeles hills

This 17,000-square-foot modern residential oasis in the upscale LA neighborhood of Brentwood is redefining luxury living.

ultra-modern-mansion-los-angeles
Photo credit: The Agency

Southern California-based architectural firm de Loren & Associates purposefully designed the building by superior wellness standards, without sacrificing on design but rather adding to it.

Inspired by the clean lines and interior spatial layouts of yachts paired with the motion of the sea, the curving exterior facades are reminiscent of ocean waves, wind, and clouds that make not only for an exhilarating lifestyle but also appealing to the eye.

The modern mansion boasts seven bedrooms, eight bathrooms, and three powder rooms across three levels.

Photo credit: The Agency
inside travis scott house in Los Angeles
Photo credit: The Agency
Photo credit: The Agency
travis scott house inside
Photo credit: The Agency
travis scott house bedroom
Photo credit: The Agency
ultra modern mansion in los angeles 12255 sky lane
Photo credit: The Agency

Featuring a massive list of upscale amenities, the beautiful Brentwood home offers a 610-bottle wine cellar, commercial speed glass elevator, movie theater, state-of-the-art gym, a 300 sq. ft. green wall, and a lower-level entertainment area with a full bar, pool table and more.

And there’s plenty of room for Stormi and Wolf to explore! Turns out, this luxurious residence is owned by none other than rapper Travis Scott.

A newly-built Encino mansion with bright, airy, and warm interiors

We can’t get enough of this amenity-rich mansion with modern interiors and a killer guest house.

exquite-home-for-sale-in-encino-los-angeles
Photo credit: LA Light Photography and The Luxury Level

The seven-bedroom, eight-bathroom Encino home offers 9,081 square feet of living space enclosed within a private, gated estate with surrounding landscape.

The stunning estate is a beautiful example of modern California living, with picture-perfect interiors, exquisite finishes, jetliner views, and plenty of attractive amenities.

Featuring warm wood tones, the large windows and Fleetwood doors open up to unobstructed views and plenty of natural light.

jesse tyler ferguson kitchen
Photo credit: LA Light Photography and The Luxury Level
jesse tyler ferguson's dining space and wine cellar
Photo credit: LA Light Photography and The Luxury Level
jesse tyler ferguson's living room
Photo credit: LA Light Photography and The Luxury Level
jesse tyler ferguson's living room and home bar
Photo credit: LA Light Photography and The Luxury Level
jesse tyler ferguson's pool and backyard in his new house
Photo credit: LA Light Photography and The Luxury Level

The carefully thought-out finishes give the home a modern vibe that extends into the bedrooms as well. The second level of this luxury Encino home has four bedrooms, including the master suite, which walks out to a 1,200-square-foot balcony with a fire table. 

Naturally, this wonderful modern manse caught the eye of a famous buyer; it’s now owned by Modern Family star Jesse Tyler Ferguson and husband Justin Mikita.

A modern 4-story house facing one of the most beautiful coastal shorelines in all of California

We love this modern mansion set in the most desirable area of Manhattan Beach, The Strand, an oceanfront neighborhood lined with modern-looking mansions that typically sell in the $5 million to $15 million range.

modern house on four levels in Manhattan Beach, CA
Photo credit: Paul Jonason courtesy of Stroyke Properties Group

Spanning 6,978 square feet of modern living space, the home offers six bedrooms and eight baths.

Designed by renowned L.A. studio KAA Design, this four-story home was envisioned around life, in all its texture, at the beach.

Rather than cluster sleeping areas on a single floor, they’re strategically spaced across the four levels, with the third floor being home to a primary suite with a private office that’s luxuriously sequestered in the style of a penthouse.

Photo credit: Paul Jonason courtesy of Stroyke Properties Group
Photo credit: Paul Jonason courtesy of Stroyke Properties Group
Photo credit: Paul Jonason courtesy of Stroyke Properties Group
exterior view of Manhattan Beach's most expensive house at 308 The Strand
Photo credit: Paul Jonason courtesy of Stroyke Properties Group

The private elevator takes residents and guests down to the beach room, which is level with the Strand itself, and lounge on the patio, front row to a peaceful scene of sea, sand, and sky.

Read more about this beautiful modern mansion here.

A $70M contemporary marvel that reimagines luxury living for the 21st century

Located in the coveted Brentwood neighborhood of Los Angeles, this modern mansion is what happens when a star-studded team consisting of award-winning architect Noah Walker, AD 100 interior designer, Jamie Bush, and renowned landscape designer, Christine London LTD comes together.

newly-built-contemporary-home-brentwood
Image credit: Benny Chan courtesy of The Agency

Spanning 19,000 square feet, this beautiful abode is set on a sprawling four-acre lot and offers six bedrooms and 12 bathrooms alongside many recreation rooms.

The plush property has 270-degree views of the city, ocean, and canyon, and a long list of amenities that include a theater room — with acoustical wall paneling and a commercial cinema-quality projection system — a gym with a steam room, a 75-foot indoor lap pool, outdoor architectural pool and dual offices.

modern-mansion-in-brentwood-los-angeles
Image credit: Benny Chan courtesy of The Agency
Image credit: Benny Chan courtesy of The Agency
Image credit: Benny Chan courtesy of The Agency
Image credit: Benny Chan courtesy of The Agency

We first covered this luxurious contemporary home when it first came to market last year with an ambitious asking price of $70 million.

Just a few months later, it was purchased by music mogul Scooter Braun (better known as Justin Bieber and Ariana Grande’s manager, and Taylor Swift‘s manager-turned-foe) for $65 million.

The Ora House in San Diego, where contemporary architecture meets serene living

In the hilly, seaside neighborhood of La Jolla in San Diego, a modern cliffside mansion has all the dream house vibes.

exterior of a newly-built modern mansion in La Jolla, San Diego
Street view of the property. Photo credit: Blue Heron

Built by Blue Heron’s BH Elite custom home division, the Ora House, as the property has been named, is a true architectural marvel.

The stellar design team incorporated the same innovative biophilic design and advanced Savant technology used in Blue Heron’s flagship home, VM001 in Las Vegas, to “enhance the flow of life while creating an overall sense of peace and natural wellbeing.”

The cliffside estate is set in La Jolla’s exclusive Bird Rock Waterfront enclave and totals 8,878 square feet of living space.

Photo credit: Blue Heron
Photo credit: Blue Heron
The Ora House in La Jolla, San Diego
Photo credit: Blue Heron

The architectural marvel has five bedrooms and eight baths across its four levels, with each level embracing the outdoors with spaces tailored for both entertaining and private moments.

A striking celebrity compound with a modern heptagon-shaped house

Check out this contemporary compound in La Crescenta, Calif.

flea-house-shaped-like-a-starship
Photo credit: Cameron Carothers courtesy of Compass

Designed by AD100 architect Michael Maltzan, this dramatic, heptagon-shaped house has spaceship vibes, is surrounded by seven exterior walls (some made out of glass), and is anchored by an open-air courtyard that sits right at the center.

Nearly all the rooms of the house come with sliding floor-to-ceiling windows that open up to either the serene courtyard or beautiful mountain and city skyline views.

Some of the stand-out features of the modern mansion include a primary suite with an entire wall of glass that opens up to a generously sized balcony and a particularly unique bathroom with a blue curved penny-tiled wall surrounding the shower.

Futuristic architectural home with seven sides
Photo credit: Cameron Carothers courtesy of Compass
Photo credit: Cameron Carothers courtesy of Compass
Photo credit: Cameron Carothers courtesy of Compass

This unique home was owned by Red Hot Chili Peppers bassist Michael Peter Balzary, known professionally as Flea.

A $25 million Napa Valley glass house with killer views 

Surrounded by over 40 acres of lush grounds set amidst California’s world-class wine country, this striking architectural home goes by the name of Karinya.

The highly suitable moniker originates from the Australian aboriginal culture and is simply translated as “peaceful home.”

modern glass house with pool in front
Image credit: Adam Rouse courtesy of Coldwell Banker

Built in 2017, the stunning estate is nestled in the small community of Deer Park right next to St. Helena in Napa County.

Spanning 8,837 square feet, the impressive residence was built with natural materials, a deep connection to the valley’s views, and a design that boasts both beauty and luxury.

Not a detail is spared at Karinya, with many luxurious features such as endless walls of glass, a 2,000-bottle wine room, and an acoustically-designed media/ theater room.

Image credit: Adam Rouse courtesy of Coldwell Banker
Image credit: Adam Rouse courtesy of Coldwell Banker
Image credit: Adam Rouse courtesy of Coldwell Banker
Image credit: Adam Rouse courtesy of Coldwell Banker

Fitting a modern dream house, it also comes with a detailed smart home system with mobile phone control access that controls the music, air conditioning, security and programmable LED recessed lighting in 11 separate zones and a fire sprinkler system.

See more of this lovely Napa Valley home here.

A modern mansion that was once featured in the Oscar-winning “La La Land” movie

Set in the popular Encino neighborhood of Los Angeles, this modern mansion offers an impressive cutting-edge design.

modern mansion with a pool in front
Photo credit: Compass

The six-bedroom home wows with its soaring ceilings and walls of glass that bring the outdoors in.

Complete with an infinity pool and spa (with a cascading waterfall) and a nifty pool/guest house with a sundeck for outdoor entertainment, the home is peppered with outdoor spots to relax and enjoy the lovely Cali weather.

In case you’re getting a strong sense of deja vu, this beautiful home was featured in the popular film, La La Land.

Photo credit: Compass
Photo credit: Compass
Photo credit: Compass
Photo credit: Compass
Photo credit: Compass
Photo credit: Compass

As the story goes, Mia (played by Emma Stone) and her friends attend a lavish party hoping to meet influential people in the business and finally get their lucky break.

You guessed it, this memorable movie scene was filmed at this gorgeous Los Angeles estate.

A celebrity chef’s former home with a massive kitchen anchored by a 24-foot stone island

Located in the coveted Via Bluffs enclave of Pacific Palisades, this modern mansion spans 6,500 square feet of luxurious living.

modern mansion with sliding doors opening the living room to the pool area
Photo credit: credit: Smith Cho / Compass

Offering massive sliding windows that open up to beautiful views of Potrero Canyon and beyond, the sumptuous five-bedroom, five-bathroom home is filled with natural light streaming in from the surrounding floor-to-ceiling windows and sliding glass doors, while the skylights pour even more light onto the main and top floors.

The Pacific Palisades property also flaunts features like a dual-faced fireplace, a nearly 24-foot kitchen island, and a distinct living room that’s pouring out onto the outside deck overlooking the pool.

A large open-layout living area is anchored by an impressive dream kitchen. 

Photo credit: credit: Smith Cho / Compass
Photo credit: credit: Smith Cho / Compass
Photo credit: credit: Smith Cho / Compass
Photo credit: credit: Smith Cho / Compass
Photo credit: credit: Smith Cho / Compass

This beautiful home was once owned by celebrity chef, Everyday Italian, and Giada At Home star Giada de Laurentiis.

A beautiful modern mansion tucked in the Hollywood Hills

Built in 2019, this Marc Whipple-designed home is a true Hollywood gem.

Located on the glamorous Sunset Strip, in the Hollywood Hills West neighborhood of Los Angeles, this home oozes that clean-lined modernist approach, while still offering warmth and comfort.

luxury home 6902 los tilos road los angeles
Photo credit: credit: Jonathan Ducrest and Tom Hunter

The posh property incorporates five bedrooms, six bathrooms, as well as two half-bathrooms, all with breathtaking views spreading from the Hollywood sign right to the Pacific Ocean. 

The main entrance offers an open-concept kitchen and three terraces that total 5,000 additional square feet of outdoor living space.

And, the middle level features a second living room and a luxurious ‘floating glass box’ master suite.

Photo credit: Tom Hunter Photography.
Photo credit: credit: Jonathan Ducrest and Tom Hunter
Photo credit: credit: Jonathan Ducrest and Tom Hunter
Photo credit: Tom Hunter Photography.
Photo credit: credit: Jonathan Ducrest and Tom Hunter

All the bedrooms offer easy access to the infinity pool, which provides stunning views of the surroundings and a perfect setting to enjoy summer nights and sunsets in complete privacy.

A Malibu gem that’s often rented to high-profile celebrities

This Malibu celeb magnet is the epitome of indoor-outdoor Cali living, featuring large glass walls that seamlessly blend the interior with the grounds.

Perched above the Pacific Ocean, the three-bedroom, three-bathroom, 2,100-square-foot Malibu mansion is every bit the modern gem.

malibu rental where celebrities stay
Photo credit: Hagai Aharon

It’s the perfect property for entertaining, as it includes an infinity pool with fabulous ocean views, a spa, and a fire pit.

The entertainment continues inside, as the house includes not one, but three indoor fireplaces, as well as a media room, making sure you stay entertained throughout the entire year.

Amenities include everything you could possibly need, from in-unit laundry and air conditioning to five parking spaces, an outdoor patio, and a cabana. 

Photo credit: Hagai Aharon
Photo credit: Hagai Aharon
Photo credit: Hagai Aharon
Photo credit: Hagai Aharon

The house not only rents out to celebrities such as Matthew Perry, Cardi B, and Taraji P. Henson, but it’s also owned by one.

Betty Moon, a celebrated Los Angeles musician, songwriter and producer, currently owns the plush property which she recently renovated before listing it for rent.

An impeccably designed modern mansion that embraces indoor-outdoor living

Located in the upscale neighborhood Pacific Palisades in Los Angeles, this three-story home was designed and built by renowned developer/designer duo David and Eliana Rokach.

ultra luxury house in pacific palisades
Photo credit: The Agency

This multi-million dollar mansion offers a sprawling 13,543 square feet of modern living space and packs nine bedrooms and twelve bathrooms.

Boasting unobstructed views of the Pacific Ocean and the Santa Monica Canyon, the stunning estate offers an open-concept living/dining room finished in a chic, contemporary style.

The living room features custom-made electronic sliding steel doors that open to a beautiful outdoor area, which features a barbecue area, a grassy backyard, and an infinity-edge swimming pool opening up to views for miles.

Photo credit: The Agency
Photo credit: The Agency
Photo credit: The Agency

A modern hillside lair with canyon views

Situated in Los Angeles’ coveted Brentwood neighborhood,  this hillside lair with expansive living spaces, eco-friendly details, and ultra-high-end finishes gives us serious dream house goals.

ibrahim-alhusseini-house-los-angeles
Photo credit: Noel Kleinman courtesy of Compass

The main entrance features a Japanese-imported Yakisugi front door and bonsai adorned atrium that leads to the open-concept living space.

Here, a chic palette of luxurious stone and reflective glass is accented by unique designer details, and floor-to-ceiling windows provide natural light throughout the day.

Photo credit: Noel Kleinman courtesy of Compass
Photo credit: Noel Kleinman courtesy of Compass
Photo credit: Noel Kleinman courtesy of Compass

Offering sweeping views of the canyon, the four-bedroom home comes equipped with the latest technology for entertainment, comfort, and sustainability.

This includes a full automation system, Lutron Solar System lighting, home theater and surround sound from Bang & Olufsen, a home gym, and much more.

More stories you might like

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Massive Home in the Sky Above MoMa Asks $46.7 Million

Source: fancypantshomes.com

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Apache is functioning normally

May 26, 2023 by Brett Tams

The home-buying process can seem daunting for first-time homebuyers. The good news is there are some mortgage lenders that offer home loan products designed to provide more ease with the process, which can be very appealing to many first-time future homeowners.

To help you get started, CNBC Select rounded up a list of the best mortgage lenders first-time homebuyers should consider. We evaluated home loan lenders based on the types of loans offered, customer support, credit score requirements and minimum down payment amount, among others (see our methodology below.)

Beyond just the lowest rates, it’s important to go with the lender that offers the best loan terms to suit your needs. There’s a learning curve when it comes to homeownership, but we’ve included an FAQs section below to help you get a better understanding of some aspects of the process.

The best mortgage lenders for first-time homebuyers

Best for loan variety

PNC Bank

  • Annual Percentage Rate (APR)

    Apply online for personalized rates; fixed-rate and adjustable-rate mortgages included

  • Types of loans

    Conventional loans, FHA loans, VA loans, USDA loans, jumbo loans, HELOCs, Community Loan and Medical Professional Loan

  • Terms

    10 – 30 years

  • Credit needed

  • Minimum down payment

    0% if moving forward with a USDA loan

Pros

  • Offers a wide variety of loans to suit an array of customer needs
  • Available in all 50 states
  • Online and in-person service available

Cons

  • Doesn’t offer home renovation loans

Who’s this for? PNC Bank has a wide variety of home loan options, making it easy for first-time homebuyers to find a loan that suits their circumstances. This lender offers conventional loans, FHA loans, VA loans, jumbo loans and HELOCs. On top of that, PNC Bank offers USDA loans, which can be tougher to find among some lenders. PNC Bank also has some specialized loan options, like the Community Loan, which is meant for individuals with lower cash reserves and allows for a down payment as low as 3% and no PMI (private mortgage insurance).

It also offers a Medical Professional Loan for interns, residents, fellows or doctors who have completed their residency in the last five years. Eligible borrowers for this loan can borrow up to $1 million and won’t have to pay PMI, regardless of their down payment amount.

In addition to all these offerings, PNC Bank gives eligible borrowers the chance to qualify for a $5,000 grant to be used toward closing costs. Eligible borrowers must have an income at or below 80% of the median household income for the metropolitan statistical area (MSA), or their desired property must be located in a low- or moderate-income census tract as designated by the FFIEC, according to PNC’s website.

Best for educational offerings

Bank of America Mortgage

  • Annual Percentage Rate (APR)

    Apply online for personalized rates; fixed-rate and adjustable-rate mortgages included

  • Types of loans

    Conventional loans, FHA loans, VA loans, jumbo loans, doctor loans and the Affordable Loan Solution mortgage

  • Terms

    15 – 30 years

  • Credit needed

    Not disclosed

  • Minimum down payment

    0% if moving forward with a VA loan; 3% if moving forward with the Affordable Loan Solution mortgage

Pros

  • Offers a wide variety of loans to suit an array of customer needs
  • Offers an Edu-Series for educating first-time homebuyers as well as other learning resources and materials
  • Online and in-person service available
  • Fixed-rate and adjustable-rate mortgages offered
  • Reduced cost of mortgage insurance

Cons

  • Doesn’t offer USDA loans

Who’s this for? Bank of America stands out for its first-time homebuyer educational resources. Aside from home loan calculators, which are typical for mortgage lenders to provide on their websites, Bank of America has an online “Edu-Series” for first-time home buyers. There are also guides on its website that break down key terms and a list of FAQs geared toward first-time home buyers.

Bank of America also offers a variety of loan options, including a home loan for medical professionals. With this loan, doctors, dentists, residents and fellows can make down payment minimums that are tiered based on the size of the loan they’re applying for. They’ll put down at least 3% on mortgages up to $850,000, at least 5% on mortgages up to $1 million, at least 10% down on mortgages up to $1.5 million and at least 15% down on mortgages to $2 million. If you’re a medical professional, Bank of America will also exclude your student loan debt from your total debt when you’re applying for the loan. This could bring down your debt-to-income ratio for the purposes of applying for the loan and make it easier for you to qualify.

Even if you aren’t a qualifying medical professional, you can still potentially take advantage of tiered down payment terms through the Affordable Loan Solution mortgage option. With this loan, eligible borrowers can make a down payment as low as 3% on loan amounts up to $726,200, and as low as 5% on mortgages up to $1,089,300. Mortgage insurance would be required if making down payments lower than 20%, but according to Bank of America’s website, the mortgage insurance would come at a reduced cost compared to that of other conventional loans.

Best for lower credit scores

Rocket Mortgage

  • Annual Percentage Rate (APR)

    Apply online for personalized rates

  • Types of loans

    Conventional loans, FHA loans, VA loans and Jumbo loans

  • Terms

    8 – 29 years, including 15-year and 30-year terms

  • Credit needed

    Typically requires a 620 credit score but will consider applicants with a 580 credit score as long as other eligibility criteria are met

  • Minimum down payment

    3.5% if moving forward with an FHA loan

Pros

  • Can use the loan to buy or refinance a single-family home, second home or investment property, or condo
  • Can get pre-qualified in minutes
  • Rocket Mortgage app for easy access to your account

Cons

  • Runs a hard inquiry in order to provide a personalized interest rate, which means your credit score may take a small hit
  • Doesn’t offer USDA loans, HELOCs, construction loans, or mortgages for mobile homes
  • Doesn’t manage accounts for jumbo loans after closing

Who’s this for? First-time homebuyers tend to be younger and may not have a long credit history, which can make it harder to qualify for a good mortgage rate. Rocket Mortgage stands here because it accepts applicants with credit scores as low as 580. The lender also has a program called the Fresh Start program that’s aimed at helping potential applicants boost their credit score before applying.

Rocket Mortgage offers conventional loans, FHA loans, VA loans and jumbo loans but not USDA loans, which means this lender may not be the most appealing for potential homebuyers who want to make a purchase with a 0% down payment. Rocket Mortgage doesn’t offer construction loans (if you want to build a brand new custom home) or HELOCs, but if you’re a homebuyer who only plans to purchase a single-family home, a second home, or a condo that’s already on the market, this shouldn’t be a drawback for you.

This lender offers flexible loan repayment terms that range from 8 – 29 years in addition to standard 15-year and 30-year terms.

Best for no lender fees

Ally Bank Mortgage

  • Annual Percentage Rate (APR)

    Apply online for personalized rates; fixed-rate and adjustable-rate mortgages included

  • Types of loans

    Conventional loans, HomeReady loan and Jumbo loans

  • Terms

    15 – 30 years

  • Credit needed

  • Minimum down payment

    3% if moving forward with a HomeReady loan

Pros

  • Ally HomeReady loan allows for a slightly smaller downpayment at 3%
  • Pre-approval in just three minutes
  • Available in all 50 U.S. states
  • Online support available
  • Doesn’t charge lender fees

Cons

  • Doesn’t offer FHA loans, USDA loans, VA loans or HELOCs

Who’s this for? Ally Bank doesn’t charge any application fee, origination fee, processing fee or underwriting fees. These are what’s collectively known as “lender fees” and they can cost you anywhere from a few hundred to a few thousand dollars, and eat into the money you put aside for buying your home. When you’re a first-time home buyer, going through the process as affordably as possible is often top-of-mind, so saving on these fees will let you keep more of your money for other things, like renovations or moving costs.

Keep in mind, though, that Ally Bank may still charge appraisal fees and recording fees and may charge for the title search and insurance. As long as you have all the necessary documents handy and submit complete and accurate information, you can get pre-approved for a loan in as little as three minutes online and submit your application in just 15 minutes.

Best for no PMI

CitiMortgage®

  • Annual Percentage Rate (APR)

    Apply online for personalized rates

  • Types of loans

    Conventional loans, FHA loans, VA loans and Jumbo loans

  • Terms

    15 – 30 years

  • Credit needed

  • Minimum down payment

Terms apply.

Pros

  • Citi’s HomeRun Mortgage program allows for a downpayment as low as 3%
  • Citi’s Lender Assistance program gives eligible homebuyers a credit of up to $5,000 to use toward closing costs
  • Ability to choose between fixed-rate and adjustable-rate mortgages
  • New and existing Citi bank customers can qualify for closing cost discounts based on their account balance
  • HomeRun mortgage program allows for a downpayment of less than 20% without PMI
  • Provides homeownership education and counseling

Cons

  • No options for a 0% downpayment
  • Existing customers need high account balances to receive some of the highest interest rate discounts

Who’s this for? CitiMortgage gives homebuyers a chance to save big-time by waiving the PMI (private mortgage insurance) requirement on loans with down payments below 20%. This can be done by applying for a mortgage through Citi’s HomeRun program, which also allows for down payments as low as 3%.

PMI is typically a required monthly charge with other home loans if you make a down payment of 20% or less. But PMI can cost you tens of thousands of dollars extra over the entire life of the loan. The money you save from not paying PMI could potentially go towards saving for a second property, a home renovation, or any other financial goal you have. HomeRun mortgages also allow borrowers to lock in a fixed rate on their mortgage so they won’t have to worry about their rate increasing down the line.

FAQs

How do mortgages work?

A mortgage is a type of loan you can use to purchase a home. This agreement essentially says you can purchase a home without paying for it in full, upfront — you’ll just need to put some of the money down — usually between 3% and 20% of the home price — and pay smaller, fixed monthly payments over a certain number of years, plus interest and potentially other charges. Having a mortgage allows you to own the property even if you don’t have the hundreds of thousands of dollars in cash needed to purchase it outright.

What is a conventional loan?

A conventional loan is a home loan that’s funded by private lenders and sold to government enterprises such as Fannie Mae and Freddie Mac. It’s a very common loan type and some lenders may require a down payment as low as 3% or 5%.

What is an FHA loan?

A Federal Housing Administration loan, or FHA loan, is a loan program that has some slightly looser requirements. For example, this loan program may allow some borrowers to be approved for a loan with a lower credit score or be able to get away with having a higher debt-to-income ratio. You’ll typically only need to make a 3.5% down payment with this type of loan.

What is a USDA loan?

A USDA loan is offered through the United States Department of Agriculture and is aimed at borrowers who want to purchase a home in a qualifying rural area. USDA loans don’t require a minimum down payment, so borrowers can use this loan to purchase a home for almost no money upfront (you’ll still likely pay fees, though).

What is a VA loan?

VA mortgage loans are provided through the U.S. Department of Veterans Affairs and are meant for service members, veterans and their spouses. They typically require a 0% down payment and borrowers don’t have to pay private mortgage insurance.

What is a jumbo loan?

A jumbo loan is meant for home buyers who need to borrow more than $647,200 to purchase a home. Jumbo loans usually have stricter credit score and debt-to-income ratio requirements, and they also typically require a larger minimum down payment.

How is my mortgage rate decided?

Mortgage rates change almost daily and can depend on market forces such as inflation and the overall economy. However, your specific mortgage rate will depend on your location, credit report and credit score. The higher your credit score, the more likely you are to be qualified for a lower mortgage interest rate.

Be sure to submit the necessary information for more personalized rate estimates from your desired lender.

What is the difference between a 15- and 30-year term?

A 15-year mortgage gives homeowners 15 years to pay it off in fixed, equal amounts plus interest, while a 30-year mortgage gives homeowners 30 years to pay it off. Monthly payments are generally lower with a 30-year mortgage since you’ll have a longer period of time to pay off the loan. However, you’ll wind up paying more in interest over the life of the loan since it is charged on a monthly basis. A 15-year mortgage, on the other hand, lets you save on interest but you’ll likely have to make a higher monthly payment.

How does private mortgage insurance (PMI) work?

Lenders charge private mortgage insurance (PMI) to protect themselves in the event that a borrower defaults on their loan. PMI is assessed to your account if you choose to make a down payment of less than 20%. You’ll be responsible for paying this in addition to your monthly mortgage payments.

However, you can usually have the PMI waived after you’ve made enough payments to build 20% equity in your home.

Bottom line

If you need to take out a mortgage to purchase your first home, you have options. Certain mortgage lenders stand out for first-time homebuyers by considering applicants with lower credit scores, offering lower down payments and providing useful educational resources.

Keep in mind that mortgage interest rates fluctuate often and the rate you receive will vary depending on your location, credit score and credit report. While lenders may post general interest rate ranges on their websites, the best way to get a more accurate estimate of your rate is to provide the necessary information to check your rate.

Our methodology

To determine which mortgage lenders are the best for first-time homebuyers, CNBC Select analyzed dozens of U.S. mortgages offered by both online and brick-and-mortar banks, including large credit unions, that come with fixed-rate APRs and flexible loan amounts and terms to suit an array of financing needs.

When narrowing down and ranking the best mortgages, we focused on the following features:

  • Fixed-rate APR: Variable rates can go up and down over the lifetime of your loan. With a fixed rate APR, you lock in an interest rate for the duration of the loan’s term, which means your monthly payment won’t vary, making your budget easier to plan.
  • Types of loans offered: The most common kinds of mortgage loans include conventional loans, FHA loans and VA loans. In addition to these loans, lenders may also offer USDA loans and jumbo loans. Having more options available means the lender is able to cater to a wider range of applicant needs. We have also considered loans that would suit the needs of borrowers who plan to purchase their second home or a rental property. 
  • Closing timeline: The lenders on our list are able to offer closing timelines that vary from as promptly as two weeks after the home purchase agreement has been signed to as many as 45 days after the agreement has been signed. Specific closing timelines have been noted for each lender.
  • Fees: Common fees associated with mortgage applications include origination fees, application fees, underwriting fees, processing fees and administrative fees. We evaluate these fees in addition to other features when determining the overall offer from each lender. Though some lenders on this list do not charge these fees, we have noted any instances in which a particular lender does. 
  • Flexible minimum and maximum loan amounts/terms: Each mortgage lender provides a variety of financing options that you can customize based on your monthly budget and how long you need to pay back your loan.
  • No early payoff penalties: The mortgage lenders on our list do not charge borrowers for paying off the loan early. 
  • Streamlined application process: We considered whether lenders offered a convenient, fast online application process and/or an in-person procedure at local branches. 
  • Customer support: Every mortgage lender on our list provides customer service via telephone, email or secure online messaging. We also opted for lenders with an online resource hub or advice center to help you educate yourself about the personal loan process and your finances.
  • Minimum down payment: Although minimum down payment amounts depend on the type of loan a borrower applies for, we noted lenders that offer additional specialty loans that come with a lower minimum down payment amount. 

After reviewing the above features, we sorted our recommendations by best for loan variety, educational offerings, lower redit scores, no lender fees and no PMI.

Note that the rates and fee structures advertised for mortgages are subject to fluctuate in accordance with the Fed rate. However, once you accept your mortgage agreement, a fixed-rate APR will guarantee the interest rate and monthly payment remain consistent throughout the entire term of the loan, unless you choose to refinance your mortgage at a later date for a potentially lower APR. Your APR, monthly payment and loan amount depend on your credit history, creditworthiness, debt-to-income ratio and the desired loan term. To take out a mortgage, lenders will conduct a hard credit inquiry and request a full application, which could require proof of income, identity verification, proof of address and more.

Catch up on Select’s in-depth coverage of personal finance, tech and tools, wellness and more, and follow us on Facebook, Instagram and Twitter to stay up to date.

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Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.

Source: cnbc.com

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Apache is functioning normally

May 25, 2023 by Brett Tams

Cue up your favorite girlboss anthem, because the high-powered female brokers at the Oppenheim Group are back!

And along with them come more million-dollar deals, some fresh new faces, and all the drama you’d expect from the Netflix series best described as ‘Real Housewives meets Million Dollar Listing.‘

Spicing things up this season are two new additions to the Selling Sunset cast, joining familiar faces like Chrishell Stause, Mary Fitzgerald, Emma Hernan, Heather Rae El Moussa, Amanza Smith, and Chelsea Lazkani.

O Group veteran Nicole Young steps into the limelight (after she’d only made brief appearances in past seasons, including a memorable one in Season 2 when she officiated Mary and Romain’s wedding), alongside model-turned-real estate agent Bre Tiesi.

Selling Sunset. (L to R) Mary Fitzgerald, Jason Oppenheim, Nicole Young, Amanza Smith, Heather Rae, Bre Tiesi, Davina Potratz, Brett Oppenheim, Emma Hernan, Chelsea Lazkani, Chrishell Stause in season 6 of Selling Sunset.
Selling Sunset. (L to R) Mary Fitzgerald, Jason Oppenheim, Nicole Young, Amanza Smith, Heather Rae, Bre Tiesi, Davina Potratz, Brett Oppenheim, Emma Hernan, Chelsea Lazkani, Chrishell Stause in season 6 of Selling Sunset. Cr. Adam Rose/Netflix © 2023

For those of you keeping up with celebrity news, Bre might already be a familiar face, as the ambitious real estate agent was holding headlines last year after having a baby with Nick Cannon.

We also get to meet Jason Oppenheim’s new girlfriend, Marie-Lou Nurk, and Chrishell Stause’s partner (later turned wife), G Flip. But despite the show’s new additions, what we’re most excited to see more jaw-dropping mansions and multi-million-dollar homes — and there’s no shortage of those in the new season.

So we took it upon ourselves to track down all the spectacular houses in Selling Sunset Season 6, and give you a breakdown of their impressive features, endless lists of amenities, and upscale features.

The spectacular houses in ‘Selling Sunset’, Season 6

Selling Sunset. (L to R) Mary Fitzgerald, Nicole Young, Chelsea Lazkani in season 6 of Selling Sunset.
Selling Sunset. (L to R) Mary Fitzgerald, Nicole Young, Chelsea Lazkani in season 6 of Selling Sunset. Cr. Courtesy of Netflix © 2023

Selling Sunset doesn’t disappoint when it comes to real estate eye candy. From sprawling penthouses to massive mansions, Season 6 brought us plenty of million-dollar homes to daydream about — and even had us revisit some past favorites, like Chrishell Stause’s beautiful home in Hollywood Hills.

And since luxury real estate is our obsession, we couldn’t help ourselves and tracked down all the Selling Sunset houses that graced our screens in Season 6 of the hit Netflix show.

With the exception of Chelsea’s Santa Monica listing, which we couldn’t find as there weren’t many details available (or maybe Chelsea didn’t land the listing?), and Nicole’s West Hollywood listing, here’s a quick update on all of the houses featured this season, along with property photos and videos that allow you to take a closer look at these phenomenal estates.

Bonus: before we go into the houses that made their way on-screen, we’d like to take a second to applaud the Netflix production crew’s choice when picking the shooting location for promotional images.

The posters for Selling Sunset‘s sixth season were shot at the iconic Sheats-Goldstein Residence, an architectural marvel and Hollywood landmark designed by lauded architect John Lautner.

Saint Ives Place, West Hollywood – Harry Styles’ former house

An impressive property with celebrity pedigree, this West Hollywood manse was the perfect location to kick off Season 6 of Selling Sunset.

Previously owned by As It Was hitmaker Harry Styles (who bought and sold quite a few Los Angeles-area mansions over the years, including one that later became Lizzo’s house), Emma’s listing has a phenomenal location and all the luxury amenities you’d expect from a former celebrity pad.

With 4 bedrooms, 6 baths, and 4,401 square feet of living space, the Netflix-features Saint Ives Pl. is ideally located behind private gates right above the Sunset Strip — which means it offers beautiful panoramic views that extend from Downtown L.A. to the ocean.

At the time Selling Sunset filmed its Season 6 episodes, the property was listed for $7,995,000. Not to spoil anything for Netflix fans (as Harry Styles’ former house may make a comeback in the next season), but the property is still on the market, with a slightly reduced price.

We’ve also learned that the property is available as a rental asking a whopping $1,500 PER DAY.


Lloydcrest Drive in Beverly Hills, Emma’s $18,995,000 listing

We’re suckers for striking modern mansions, and the Lloycrest Dr house on Selling Sunset is right up our alley.

The 5-bed, 9-bath house, which comes with a coveted address (it’s set in the prestigious Crest Streets in Beverly Hills), was listed for just under $19 million.

Hardworking Emma had already secured a buyer for the modern Beverly Hills spread, but the sale fell through as the buyers were not happy with how much they’d have to pay for fire insurance, which ran high even for a property this size (the show mentions that the cheapest fire insurance for the house would be 200,000/year – yowza!)

(Spoilers ahead) Fast-forward to now, Lloydcrest Drive is still on the market, though at a significantly lower price point. The property — which offers 10,359 of living space, a massive 2,000 sq. ft. primary suite with a private glam room and hair salon, a gourmet kitchen, and a 20-person home theater with a bar, among others — is currently listed for $12,995,000.


Jason Oppenheim’s two $7.5M penthouses on Hollywood Boulevard

After his Season 5 breakup with Chrishell, O Group co-founder Jason Oppenheim threw himself into work — specifically, converting four condo units on Hollywood Blvd. into two spectacular penthouses with massive rooftop decks and the finest luxury finishes.

As mentioned on the show, Jason sunk nearly $10 million of his own personal money into the project, and he’s looking to cash out by listing each of them for a whopping $7.5 million.

(Spoiler) The two penthouses are still on the market following Selling Sunset‘s Season 6 premiere, though the smaller of the two — both units have 3 beds and 4 baths, but one is slightly larger at 3,820 square feet versus 3,580 sq. ft. — has seen its price drop by $500,000. It’s now listed for $6,995,000 (and as a rental for $49,900/mo), while the larger unit retains the original $7,495,000 asking price and a $49,900/mo rent price.


Micah’s Hillside Ave house

Micah, the developer behind the impressive Lloydcrest Drive property we mentioned earlier, was also selling his original home — and had enlisted Emma to be his agent for this one too.

Set on the same prime Hollywood Hills street as the unforgettable $40 million Hillside house from Season 1 and 2, the 5-bedroom, 5-bath home comes with 4,840 square feet of luxurious living space, an open floor plan with floor-to-ceiling sliding glass doors, and a King Kong statue(?) guarding the pool area.

Remember when Emma said how flattered she was that Micah was entrusting her with the sale of this home? Well, turns out he was right to do so (Warning, spoilers ahead): The Hillside Ave house from season 6 of Selling Sunset sold for more than the asking price.

Listed for $5,495,000 in August 2022, the 5-bedroom spread sold for $5,726,000 a few months later, in November 2022 per public records. Way to go, Emma!

N Stanley Ave, the black house on Billionaire’s Row

For this one, we didn’t have to do much research, as we extensively covered this beauty when it came to market last year.

Photo credit: Sean Gordon courtesy of The Agency

Definitely one of the most impressive houses featured on Season 6 of Selling Sunset, the newly-built N Stanley property that Heather and Bre visit together is nestled in the hills above Sunset Strip, in the coveted ‘Billionaire’s Row’.

Priced at a cool $24.995 million, the plush property offers all the bells and whistles you’d expect from an ultra-luxurious L.A. listing. And a few extras that probably wouldn’t have crossed your mind.

Offering panoramic views of DTLA, the Pacific Ocean, and the canyon, the spec house offers 6 beds, 9 baths, and nearly 10,365 square feet of living space. It also has a custom home theater, fitness center, wine cellar, second living room, and all the finest custom finishes.

Photo credit: Sean Gordon courtesy of The Agency
Photo credit: Sean Gordon courtesy of The Agency

The sophisticated smart home also features museum-quality crystals sourced from around the world and placed with extraordinary care throughout the home to energetically enhance the luxury residence. Take a closer look at this stunning Hollywood Hills mansion.

Now, while on the show we see Bre and Heather touring the property (and later, Bre showing the house to her client, Adam), the black N Stanley house from Selling Sunset‘s season 6 was never listed with the Oppenheim Group.

The listing agents for the property are Camellia Yeroomian of The Agency (the other luxury brokerage that has its own Netflix series, Buying Beverly Hills) and Monty Abramov of The Beverly Hills Estates. Which means it isn’t a spoiler if we reveal that the fabulous mansion is still on the market, boasting a slightly altered listing price of $22 million.


300 The Strand, Chelsea’s $22M listing in Manhattan Beach

Set on a corner lot facing one of California’s best beaches, 300 The Strand is a rare oceanfront listing with all the bells and whistles its high price point commands.

With 4 bedrooms, 9 baths, and 4,440 square feet of modern coastal living space — plus a Strand-front patio, and a sports court with basketball hoop and a private, heated entertainment terrace with in-ground spa, fire pit and BBQ — Chelsea’s 300 The Strand listing is definitely one of the most impressive properties featured in Season 6 of Selling Sunset.

Related: Manhattan Beach’s priciest listing is a $36M modern mansion with luxury resort vibes

A few months after the season filmed, the oceanfront home in Manhattan Beach is still on the market, looking for either a buyer (it’s still listed on the O Group’s website for $21,999,000, though it’s worth noting that other industry websites no longer have it listed for sale) or a renter (it also appears as a $55,000/mo rental on popular real estate websites like Zillow or Realtor.com).


The Woodvale Road property in Encino

Heading over to Encino, new O Group agent Bre Tiesi is hoping to land a phenomenal listing set on Woodvale Road.

The newly built, 8-bedroom, 14-bath property is the pinnacle of luxury, offering over 21,000 square feet of meticulously crafted and designer done living space.

With stand-out features like a chef’s prep kitchen, home theater, professional gym, full spa, hair salon, elevator, temperature-controlled wine storage, 14-car garage that doubles as an event space, outdoor basketball court, and fabulous detached two-story guesthouse, the Woodvale Road property was priced at $25 million, and Bre was eyeing the ultra-generous $750,000 commission she would make from the sale.

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(Spoiler ahead) However, a little bit of research shows that Bre did not in fact land the Encino listing. Public records for the property show that it did find a buyer though — even if the O Group was likely not involved in the transaction.

The Encino mansion ended up selling in February 2023 for a cool $17,500,000, a price point that made it one of the biggest transactions in the family-friendly Encino neighborhood.


The Benedict Canyon house Mary was eyeing for one of her clients

For one of her clients — a couple from the UK who works in events and needs plenty of space and a large backyard — Mary was touring a stunning Beverly Hills property aptly dubbed Jardin de los Suenos (the House of Magical Gardens).

The newly designed Benedict Canyon house on Selling Sunset comes with 6 bedrooms, 7 full baths and one half-bath, and a generous 7,000 square feet of living space.

With extra tall ceilings (14-foot ones for the common spaces, and a 23-foot ceiling in the formal entry foyer) paired with equally tall windows and sliding glass doors, the property perfectly embodies the indoor-outdoor Cali living.

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2231 Benedict Canyon Dr Beverly Hills from Barcelo Photography Inc. on Vimeo.

Also featuring a total of 5 fireplaces, a 200-bottle temperature-controlled all-glass wine storage room, and a media/screening room, plus a one-bedroom guest house, it’s no surprise that the property didn’t linger on the market for too long.

(Spoiler alert) Listed for $8,999,995 in late July of last year, the property was sold a couple of months later for almost full ask: $8,956,000. Unfortunately, it doesn’t seem like Mary’s clients were the lucky buyers. Public records show that a different brokerage was attached to the sale.


The Oak View Drive house in Encino that Chrishell visits

On Episode 5, S06 of Selling Sunset, we join Chrishell for a property visit that brings us back to Encino to tour a 7-bedroom, 9-bathroom house on Oak View Drive.

Boasting the “best views in Encino”, the 7,003-square-foot home had been completely re-imagined by the developers, who invested about $1 million in property upgrades before listing it themselves.

Featuring beautiful cedar and oak detailing, a perfectly-appointed kitchen, a 1,000-square-foot primary bedroom with a large bathroom, and an infinity pool (plus a quirky neon sign that says “I Licked It So It’s Mine”) the Oak View Drive house also got Amanza and Heather’s seal of approval.

What happened to it since that episode was filmed? (Potential spoilers ahead) While Chrishell mentions that she does have a client that’s looking for something in this price range (especially if the developers/listing agents are willing to adjust the price, if needed), it seems that the property may have not been a good fit after all.

Listed for $7,895,000 million at the time of filming, the Encino house is still on the market — but has recently been re-listed at a revised price of $6.5 million. Take a closer look (swipe for more pics):


The sleek $33M Londonderry Place mansion Bre tours with her client

Bre means business! Her drive to sell eight-figure properties leads to her showing a striking $33 million mansion to one of her clients, Telli Swift, the fiancée of championship boxer Deontay Wilder.

One of the most bonkers mansions we’ve seen this season, the Londonderry house blends black and gold finishes throughout its 14,000 square feet of living space.

With 6 bedrooms, 8 baths, and soaring 30-foot ceilings, this sleek Selling Sunset mansion has an endless list of amenities, including a spa wellness retreat with a cryo chamber, hot yoga and salon, and a two-level glass-bottomed pool.

The striking property was also featured on Architectural Digest a few years back, with its unique amenities and aesthetic appeal attracting over 4.5 million views on YouTube.

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(Spoilers) At the time of writing, shortly after Season 6 of Selling Sunset aired, the Londonderry house is no longer on the market, per public records. However, since no sale was recorded in the meantime, it could very well be that the property is still up for grabs but held as a pocket listing by one of L.A.’s top luxury brokerages.


Poo Bear’s house at Zorada Court

Once again courting her many famous friends, we see Bre touring music producer Poo Bear’s house in Los Angeles, a 5-bedroom, 5.5-bath modern retreat overlooking Nichols Canyon.

Poo Bear and his wife, Ashley, are looking to list the property as they’re moving to Miami and Bre is hoping to get the listing, which could potentially earn her a $297,000 commission.

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Beyond the property’s many attributes, Poo Bear’s house is also where music history has been made. The music producer/songwriter has collaborated with some of the biggest names in the music industry, including Justin Bieber, Chris Brown, Usher, Skrillex, and J Balvin, with many of their famous songs being written in this house.

In fact, the white piano (that comes with the house) is where Justin Bieber’s Yummy was created, Poo Bear shares.

Related: Where does Justin Bieber live? His many houses — both past and present

As for what happened to the property after its Selling Sunset appearance (warning, spoilers ahead): after first being listed in November 2022 for $8,900,000, Zorada Ct’s price was dropped to $7,995,000 in early February 2023, only to sell less than two months later for $6,850,000. No O Group agent was involved in the transaction, neither on behalf of the seller nor of the buyer.


Chelsea’s listing at 15th Street in Manhattan Beach

Taking us back to dreamy Manhattan Beach, Chelsea walks us through her 3-bed, 4-bath listing with easy beach access.

While the first offer Chelsea got for the property was fairly low ($3.6 million), she knew she priced the house right and wasn’t going to budge until she got the offer up for her client.

And she stayed true to her words, selling the 3-story for $3,900,000 — just $50k shy of the initial asking price of $3,950,000. Way to go, Chelsea!


The Beverly Boulevard condo Heather tours for Heather and Terry Dubrow

Leading the home search for Real Housewives of Orange County star Heather Dubrow and her husband, plastic surgeon and Botched co-host, Terry Dubrow, Heather tours a $17,500,000 condo at 8899 Beverly Boulevard, hoping she will land her biggest sale to date.

Accompanied by Brett, Heather walks us through the 4-bed, 4.5-bath condo with jaw-dropping views and resort-level amenities.

However, we learn later on that Terry and Heather Dubrow didn’t purchase the place, but they did ‘settle’ on an equally expensive penthouse set in the coveted Century building known as the Cavalli Penthouse (due to its many upscale furnishings that bear the signature of Roberto Cavalli).

Heather wasn’t the only one to land a killer commission though. (Potential spoiler) The $17.5 million penthouse from Selling Sunset was sold a few months later (at full ask), with none other than Brett Oppenheim repping the buyer.


Elvis’ honeymoon house

Okay, so this isn’t an O Group listing, we know. But how can we write an article about all the phenomenal luxury listings featured in this season of Selling Sunset without at least mentioning Elvis and Priscilla’s honeymoon house?

An iconic Palms Springs property, the futuristic residence was actually built in 1960 by pioneering Modernist architect William Krisel.

At the time, its spaceship-like design earned it the moniker “The House of Tomorrow”, but that didn’t last long, as Priscilla and Elvis Presley famously celebrated their honeymoon here in 1967 — after which it became widely known as “Elvis’ Honeymoon Hideaway”.

Related: Graceland, Elvis Presley’s house in Memphis – everything you’ve ever wanted to know

Last year, the property had a brief stint on the market, listing in early October 2022 for $5,650,000. Unsurprisingly, a month later, the King’s honeymoon house was already sold at full ask.


The Brentwood house Bre shows Saweetie

Heading over to celebrity-friendly, suburban Brentwood, Bre takes us — and her friend, rapper Saweetie — on a tour of a 7,401-square-foot beauty priced at a cool $8,800,000.

The 5-bedroom, 7-bath home at 19th Helena Drive sits on a quiet cul-de-sac and boasts beautiful architectural details. With an expansive open floorplan on the main floor, inviting (and ultra-private) bedrooms shielded by the lush landscaping, and a lower level designed for entertainment — featuring a plush theater and deluxe wet bar, opening directly to the impressive pool with spa, green lawns, barbecue area, and built-in firepit — the house does seem to be a perfect fit for Saweetie.

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(Potential spoilers) However, despite Bre’s excellent match-making, it wasn’t a done deal. Public records show that the property did indeed sell, but the sale closed in late March 2023 and doesn’t show Bre or any other Oppenheim Group agents associated with the transaction.

The selling price was $7,000,000, considerably lower than the $8.8 million ask mentioned on the show. Fun fact: the property was actually first listed for a whopping $12,949,000.


The house Heather and Bre visit on Sunset Plaza Dr

The last property of this season takes us to Sunset Plaza Dr, where a new-to-market 3-bed, 4-bath listing needs to be assessed by Bre and Heather, to see if it’s a good fit for their clients.

Listed for $4,995,000, the 3,364-square-foot bachelor pad has a massive primary bedroom suite that gets several “Oh my gosh” out of Heather, which isn’t an easy feat given the type of properties she’s used to.

This sleek contemporary home located above the Sunset Strip showcases jetliner panoramic views from Downtown to the ocean. It then comes as little surprise that the home also has multiple outdoor decks and a rooftop deck to capitalize on those extraordinary views, as well as an infinity edge pool with a private Baja deck and swim-up bar.

As for what happened to it (Potential spoilers), the Sunset Plaza Dr property sold in April 2023 for $3,150,000. While it may not have been a good fit for any of Heather or Bre’s clients, the O Group did get a significant commission out of the sale, as Jason Oppenheim was the listing agent for the property.

Admittedly, while watching the show, I felt like there were fewer properties and considerably more drama than in previous seasons. However, after writing about each Selling Sunset house that graced our screens in Season 6 of the hit Netflix docu-soap, I realize there were quite a few show-stopping mansions for us to daydream about. Hope we’re going to get to see some of them return in Season 7.

Editor’s note: While we did our best to identify all the properties featured on Selling Sunset, there’s always a possibility that we’ve missed something. If you spot anything that’s off, or you have an inside tip on one of the properties, drop us a line anytime at hello (at) fancypantshomes.com

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Chrishell Stause’s House is a $3.3 Million Midcentury Ranch in Hollywood Hills
‘Harry & Meghan’ was filmed in this stunning $33.5 million Montecito house

Source: fancypantshomes.com

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Apache is functioning normally

May 23, 2023 by Brett Tams

By Peter Anderson 1 Comment – The content of this website often contains affiliate links and I may be compensated if you buy through those links (at no cost to you!). Learn more about how we make money. Last edited September 5, 2013.

About 2 weeks ago my wife and I closed on the sale of the house we had lived in for the past 7 years.  We loved our old house, but we knew it was time to do a slight upgrade since the rates were starting to go up, and we had an opportunity for my in-laws to build us a custom home on a beautiful tree lined lot, in a neighborhood we loved.  We would also now have a yard, which was something we didn’t really  have at our old house.  So this summer we built that new house and then closed on it the same day as we sold our old house.

When we started the process of trying to find a new home loan with which to buy the new house, we realized that we would want to make sure that we stayed on top of our credit situation, that we only did things to maximize our credit score, and that we got the best rate possible on the house. For the most part we were able to do that, and we got the lowest possible rate at the time because our excellent credit scores put us in the highest tier for the best rates.

Now that we’ve closed on the house, and we don’t anticipate using any further credit anytime in the near future, should we even care about or keep track of our credit scores?

Maintaining And Improving Our Credit In Preparation For A Home Loan

Checking our credit scores on a regular basis was something we did through the spring and summer this year as we prepared to buy a new house. Some of the places that we checked our credit scores and got our credit reports include:
FreeFicoScore.com

FreeFicoScore.com

  • Credit Karma: They will give you your TransUnion credit score for free, along with a suite of other credit tools.
  • Credit Sesame: They will give you an Experian credit score for free, along with a bunch of other financial, credit and loan tools.
  • Quizzle: They’ll give you an Experian credit score, along with your full credit report for free!
  • Equifax: Get your Equifax score for free by signing up for a free 30 day trial. Don’t forget you’ll need to cancel.
  • MyFICO: Get your actual FICO credit score and credit report with a free trial. Just don’t forget to cancel!  I almost did!
  • AnnualCreditReport.com: Get your credit report annually for free from each of the big three credit reporting agencies.  If you want to, you can pay a little bit and get your FICO score as well. (Or just do a free trial at MyFICO to get it for free)

We stayed on top of our credit by doing the things they say to do in order to improve your credit scores. We did things like making sure our payments got in on time, we didn’t sign up for a bunch of new cards, we maintained existing aged accounts, we didn’t over-utilize our credit and we used and paid off several different types of credit.

Home Loan Closed, Best Rate Received

Our hard work over the years means we both had great credit scores, and we knew we would most likely be approved for a loan, in the best rate tier.

We ended up finding and working with a mortgage company that ended up giving us the lowest rate possible at the time, 3.875%. Our credit scores showed we were responsible with credit and were a good risk for them to take – without adding any points to our rate.

Mission accomplished.

Now That We’ve Closed On Our House, Should We Even Care About Our Credit?

should you care about your credit score

should you care about your credit scoreWe’ve now closed on that loan, and we got the best rate available. Since we won’t need to take out any new loans or credit in the foreseeable future, should we even care about or focus on our credit anymore?  Does it even make a difference if we aren’t going to need a good credit score for anything?

I don’t think we’ll be as hyper vigilant about our credit now, but that isn’t to say that we won’t continue our responsible use of credit.

Things A Good Credit Score Can Help With

Here are some reasons you may want to stay on top of your credit:

  • Good credit can help get better insurance rates: You can sometimes get lower homeowners and auto insurance rates if you have good credit.
  • Good credit help you get a job:  Sometimes employers will check an applicant’s credit to get an indication that they’re reliable and responsible.
  • Good credit help you when signing up for new accounts: Some utilities may waive hefty deposits or lower rates if you have good credit, or cell phone companies may offer a better plan.
  • Good credit will help you if you need to move:  If you need to move to a new house, or end up renting, having good credit will help you to get a loan, or to be approved as a renter.

What are your thoughts?  Do you care about your credit score, and do you take steps to ensure that your credit stays good, or that it improves?

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MLB’s Mark Melancon Knocks 26% Off Price of West Florida Mansion

April 23, 2023 by Brett Tams

Well-traveled closer Mark Melancon is trying to snag a buyer for the custom, Florida home he built just a few years ago.
Posted in: Moving Guide Tagged: About, ad, agent, All, Arizona, Backyard, baseball, beach, bedroom, Bedrooms, big, Built, buyer, Career, Children, Coldwell Banker, couple, Credit, custom, custom home, entertaining, estate, Family, Financial Wize, FinancialWize, fl, Florida, gpt, green, home, house, id, kitchen, Lifestyle, list, market, Media, MLB, More, Move, new, new york, News, or, Other, outdoor, outdoor space, pool, price, property, realtor, Realtor.com, relocate, relocation, right, room, Sell, selling, Side, single, space, square footage, Style, the west, time, town, waterfront, West Coast

25 Ways to Save Money Building Your Dream Home

April 15, 2023 by Brett Tams

A couple years ago we embarked on an adventure of a lifetime. We built our first custom home – our dream home. Having talked to many couples who have gone through the same process, we knew we were in for some stressful times.   Along the way, we managed to find several tips for saving money and […]

The post 25 Ways to Save Money Building Your Dream Home appeared first on Good Financial Cents®.

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Ready to buy your Austin dream home? Here’s why a local bank is … – CultureMap Austin

March 22, 2023 by Brett Tams

Ready to buy your Austin dream home? Here’s why a local bank is …  CultureMap Austin

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How Long Does It Take to Build a Manufactured Home?

March 4, 2023 by Brett Tams

Many manufactured homes take just a week to build. (Yes, a week!) Manufactured homes can be built so quickly because they’re made in a factory — a controlled environment. All of the materials and tradespeople are on hand, and the standard sizes of manufactured homes make for quick and easy builds. The time it takes […]

The post How Long Does It Take to Build a Manufactured Home? appeared first on SoFi.

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1003: How to Generate FREE Real Estate Leads on YouTube – Cody Steck

February 24, 2023 by Brett Tams

Are you sick of spending thousands of dollars on low-quality leads? Instead of chasing down prospects, wouldn’t you rather help clients who are already eager to work with you? On today’s podcast, Realtor Cody Steck talks about how he created a free funnel for high-quality leads on YouTube. Listen and learn how to build a channel that brings in serious buyers year round. In addition to video topics, Cody shares several tips so that you can create quality content from day one! After the interview, be sure to get Cody’s complete YouTube course for real estate agents from the Agent Success Toolbox.
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McLean Mortgage Review: A Top-10 Virginia Mortgage Lender

February 22, 2023 by Brett Tams

One of the largest mortgage lenders in Virginia that isn’t a national brand goes by the name “McLean Mortgage.” It’s ostensibly derived from the community of McLean, Virginia, which is located in the very north of the state just outside Washington D.C. Last year, the company managed to crack the top-10 list in the Old… Read More »McLean Mortgage Review: A Top-10 Virginia Mortgage Lender

The post McLean Mortgage Review: A Top-10 Virginia Mortgage Lender appeared first on The Truth About Mortgage.

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