Much has been made – and will be made – of MB's vaunted public schools.
The school system is a major driver of interest in Manhattan Beach real estate. Buyers with school-age kids see the added value right away. (See our post, "MB Schools Smash It Again.")
So if you're a buyer looking to get in for this Fall's…
Much has been made – and will be made – of MB's vaunted public schools.
The school system is a major driver of interest in Manhattan Beach real estate. Buyers with school-age kids see the added value right away. (See our post, "MB Schools Smash It Again.")
So if you're a buyer looking to get in for this Fall's session, when do you need to lock up a deal?
Pretty soon.
School starts August 28th. Enrollment for new students starts Aug. 19 at each campus.
Start a 30-day escrow today, and you'll be closed up just in time to chat with the staff at your target school about enrolling the kids.
A longer escrow starting now, or a 30-day starting within the next 10 days or so, could well get the kids locked in by the first day Aug. 28.
Buyers who do not already live in Manhattan Beach generally will need to close escrow to formally establish residency and get in to the school associated with their family's new address. Making a deal, say, Aug. 15 and going to the school administration to say "we're in escrow, now can the kids go to school?" is not likely to work.
So, yes, the clock is ticking.
Many buyers know this all too well. Do sellers?
To be clear, it's no panic situation if a deal doesn't close before enrollment opens, or even before the first day. Once residency is established, the schools will work with you to get the kids placed.
But of course, the cleanest way to start school is to do so at the beginning.
And for that, it's time to lock in that deal – maybe this week.
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of March 18th, 2024 at 8:50pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.