Palos Verdes Blog

Palos Verdes blog is about Palos Verdes real estate market trend, valuable news about how to buy, sell, or lease homes, condos, town-homes, apartments, multi-family homes, and land, including short sales, and foreclosure information.

Sept. 1, 2021

Buying A New Home? It's Easier Than You Might Think

Confidently navigate the home buying process with this step-by-step guide to purchasing a new home.

From searching for your new home to purchasing it, Newrez is here to help you understand your finances through the entire mortgage journey.

The home buying process can be stressful and confusing. From applying for mortgages to finding a house in your budget to filling out all the necessary paperwork, it's easy to feel overwhelmed.

Fortunately, Newrez offers the tools and information you'll need to move through the process easily and efficiently. Whether you're a first-time buyer or a seasoned pro, here's a step-by-step guide to purchasing a new home.


Why Should I Buy Property?

Renting is a great option in some circumstances, especially if you need a more flexible or short-term living arrangement. However, if you plan to put down roots somewhere, buying offers many advantages. Homeowners can take pride in owning their property, as well as renovating and designing it to suit their needs. With the permanency that buying a home entails, people can also feel more connected with and integrated into their communities.

Owning a house also comes with several financial advantages. While rent can increase year over year, a fixed mortgage allows an individual to lock in their monthly payment and interest rate (aside from taxes and insurance). Additionally, since a house tends to increase in value over time, homeowners can build equity that can be used to cover future expenses.


Which Home Loan Is Best For Me?

One of the largest perceived obstacles to purchasing a house is the down payment. Fortunately, you don't necessarily have to pay 20 percent upfront to buy the home of your dreams. There are multiple financing options, including:

Conventional loans — A conventional loan is one that is not backed by a government agency. Fannie Mae and Freddie Mac loans come with flexible options such as lower down payments (under 20 percent) and lower mortgage insurance coverage requirements.

Expanded government loans — If you have a lower credit score or simply want to put less money down, expanded government loans can offer a great alternative means of financing. Government-backed loan options include FHA (Federal Housing Administration), VA, (Department of Veterans Affairs), and USDA (United States Department of Agriculture).

Jumbo loans — A jumbo loan can be used for properties that are too expensive for a conventional loan. This is a popular option for investment properties and vacation homes.

Non-QM Smart Series — Smart mortgages offer non-traditional home loan options, including bank statement programs for self-employed individuals, cash-flow qualification for investors, and solutions for those who have had derogatory credit or housing events.

Should your needs and circumstances change over time, you may refinance or take out a different loan. With so many options available, you may not be sure which type of home loan is best for you.

That's where Newrez comes in. From pre-approval to refinancing through to your final payment, its trusted home loan experts are there to guide you through every step.

Buying A Home, Step By Step

Ready to begin your journey toward homeownership? Here's what you'll need to do:

Review Your Financial Situation

Before taking any further steps, you'll want a solid understanding of your finances. A credit check — available through your bank or through free online resources — can help you understand your current credit position and make any necessary changes to improve your score. Report or dispute any discrepancies you find to ensure that you have the most accurate information. Paying down current lines of credit can also boost your credit score, thus improving your interest rate.

Get Pre-Qualified and Pre-Approved

Once you've reviewed your financial situation, you can get pre-qualified for a home loan. This free process occurs before you officially apply for a loan and is used to estimate how much you will be qualified to borrow. Your loan expert will conduct a quick analysis of your income, assets and credit, then tell you what loan amount you will likely qualify for and which program will best fit your needs. With this information, you can begin estimating how much of a monthly mortgage payment you can afford to make (the Newrez online mortgage calculator can help with this step).

After pre-qualification, you can also apply for mortgage pre-approval. This process requires more detailed financial information, including pay stubs and a credit check, to complete. However, sellers prefer and often require a mortgage pre-approval letter for any offers on their home.

Find A House And Put In An Offer

Once you know the loan amount you'll qualify for, your home search can begin in earnest. Talk with your real estate agent about your budget, desired location and any "must-haves" (versus "nice-to-haves") in your future home. They will help you schedule viewings, communicate with sellers and determine terms for an offer. (Keep in mind that certain homes may not allow for certain types of financing, so have your real estate agent double check to confirm eligibility.)

When putting in an offer, be sure to include your mortgage pre-approval letter, as well as any information requested by your real estate agent. This lets the seller know that your financing is certain, making it more likely they will accept the offer.

Apply For Your Loan

Congratulations! Your offer has been accepted, and you're on your way to buying your new home! Now it's time to apply for your official home loan. Your loan expert will request updated financial information (such as W-2 forms, pay stubs and bank statements) to most accurately assess how much you can afford to borrow. Once you've collected these documents, you can upload securely via email, the Newrez online portal or the mobile app. You will then receive your loan estimate, after which you'll need to communicate your Intent to Proceed.

Your loan expert may require additional information to complete the mortgage underwriting process. In underwriting, the mortgage lender will do a thorough review of your financials to determine whether to approve your application.

Complete The Closing Process

Before closing on a home, it will also need to undergo a property inspection and appraisal. This will determine the property's true value, as well as identify any structural issues. After inspection and appraisal, talk with your real estate agent to work out any next steps, including determining responsibility for any necessary repairs that may come up in the inspection. We also recommend completing a final inspection to ensure that any necessary repairs have been made and that all appliances are functional.

Once your appraisal and final inspection are complete, you can finally close on your home! You will go to the mortgage lender's or agent's office to sign a series of closing documents. Review these documents carefully to ensure that everything listed is accurate, including the name and address listed.

After signing your closing documents, it's time to get your keys — the home is officially yours!

Looking for more help with the home buying or mortgage refinancing process? Download Newrez's full guide to buying a home or connect with a Newrez loan adviser today for more information.

NewRez LLC, 1100 Virginia Drive, Suite 125, Fort Washington, PA 19034. Corp NMLS#: 3013 (www.nmlsconsumeraccess.org). Licensed by the AZ Department of Financial Institutions (license no. 919777). Licensed by the Department of Financial Protection & Innovation under the California Residential Mortgage Lending Act. Loans made or arranged pursuant to a California Financial Lenders Law license. GA - Georgia Residential Mortgage Licensee #22847. KS - Kansas Licensed Mortgage Company (license no. MC.0025382). MA-NewRez LLC is licensed in Massachusetts as a Mortgage Lender. Massachusetts Mortgage Lender License - License Number: ML-3013. NJ- Licensed by the N.J. Department of Banking and Insurance. NY- Licensed Mortgage Banker - NYS Department of Financial Services. RI - Rhode Island licensed lender. Additional licenses available at www.newrez.com. Call us at 800-208-0065.

Via patch.com


 

 

Aug. 27, 2021

Fair Housing Laws: What They Mean for Mortgage Brokers

As a mortgage broker, you are responsible for understanding and complying with a variety of state and federal laws. These regulations cover everything from which documents are required to close on a loan to the way that you treat your clients.

Perhaps the most significant regulations that govern your behavior as a mortgage broker are fair housing laws.

Below, we’ll outline the basics provisions of fair housing laws. We also discuss your responsibilities as a mortgage broker.

What is the Federal Fair Housing Act?

Put simply, the Fair Housing Act is federal legislation that protects home buyers from discrimination. The Fair Housing Act was originally part of the Civil Rights Act of 1968, although it has been added to and amended since that time. Virtually every state has passed additional fair housing laws to further protect home buyers from discrimination.

Who is Protected?

The Fair Housing Act was designed to protect groups that had previously been subject to unfair practices. Specifically, the Fair Housing Act prohibits discrimination on the basis of:

  • Race
  • Disability
  • Color
  • Religion
  • Gender
  • Familial status
  • Country of origin

Presently, the Fair Housing Act does not prevent discrimination based on:

  • Receipt of public assistance
  • Gender identity
  • Sexual preference
  • Marital status

However, many states have expanded on the provisions of the federal law in order to protect these classes. In many cases, a person that has faced discrimination can still file a grievance with the U.S. Department of Housing and Urban Development.

Your Responsibilities as a Mortgage Broker

Since mortgage brokers play a pivotal role in the home-buying process, they are bound by the provisions of the Fair Housing Act. State and local fair housing laws also apply to loan officers and mortgage brokers. That is why you must familiarize yourself and your employees with state and local requirements to ensure that you are in compliance.

Generally, fair housing laws prohibit mortgage brokers from taking the following actions based on discriminatory practices:

  • Refusing to loan to people in protected classes
  • Declining to provide information regarding a loan product
  • Intentionally under appraising a property

When determining a person’s eligibility for a loan, mortgage brokers can only use pertinent financial information.

Penalties for Violating Fair Housing Laws

Violations of the federal Fair Housing Act go before a civil trial judge. Alternatively, they can be heard by a HUD Administrative Law judge. If a mortgage broker is found to have violated the Fair Housing Act, they can be ordered to:

  • Pay compensation for actual damages and emotional distress
  • Provide permanent injunctive relief
  • Provide equitable relief (i.e., make housing available)
  • Pay attorneys’ fees
  • Pay a penalty to HUD ($16,000 for first violation)

In addition, mortgage brokers and other housing professionals may be subject to state penalties. State courts can levy additional fines or revoke business licenses.

While the penalties for violating fair housing laws are stiff, avoiding these penalties is simple. All mortgage decisions should be made based solely on verifiable financial information. In addition, mortgage brokers should strive to provide every client with an exceptional customer experience.

Aug. 25, 2021

Are You Getting The Best Mortgage Rate? Here's How To Find Out

Whether you're refinancing your mortgage or buying a new home, Newrez offers expert assistance in finding the loan that was built for you.

Newrez is a leading nationwide lender that offers the mortgage expertise and loan options to meet your individual needs.

 

In today's constantly changing housing market, it can be difficult to understand your loan options when it comes to buying a new home or refinancing your home's current mortgage. Fortunately, Newrez can help you take control of your financial assets and secure the home loan that was built just for you.

Your home loan is one of the most important parts of your financial life. As a leading nationwide mortgage lender, Newrez believes that the lending business shouldn't just be about home loans — it should be about the actual homeowners. That's why its seasoned home loan experts are committed to getting to know you on a personal level, understanding your loan situation and helping you achieve your financial goals.

So whether you're looking to lower your current mortgage rate, secure the best rate for your new home or get up to speed on the loan process, Newrez is here to walk you through every step of your journey. Read on to find out how the mortgage experts can help you today.

Refinancing Your Mortgage With Newrez

A mortgage refinance is all about making your home work for you. And whether you're looking to lower your monthly payments, shorten your loan term to save on interest over the life of your loan, consolidate your debt or obtain cash for some major expenses you see in your future, there's a refinancing option that exists for you.

But how do you know which loan option is the right one? The mortgage lenders at Newrez are experienced in every type of loan. They can help give you a complete picture of your refinancing options, as well as the requirements, benefits and situations in which each would suit you.

Via patch.com

 

 

Aug. 23, 2021

Four Essential Tasks to Prepare Your Home for the Autumn Season

With autumn on the way, temperatures will cool down and the leaves will start to fall. It’s also the perfect time to get some vital home maintenance done so that you can protect your investment! 

Take Proper Care of Your Gutters

Your gutters are an essential part of your home’s drainage systems. Without them, water can pool around your home, potentially degrading your foundation and presenting a risk of flooding. The late summer season is the best time to make sure that your gutters are in working order.

Heading into the fall, many homes will have leaves accumulating in gutters. When gutters are full of leaves, they aren’t able to redirect significant rainfall away from your home. Instead, they’ll overflow, sending water splashing down around your foundation.

Cleaning out gutters is just the first step. Next, carefully check the troughs and downspouts for any damage that should be repaired. By taking on these tasks early in the season, you can rest easy when the leaves start falling!

Check Your Home for Drafts

Your home relies on weatherstripping to keep out drafts. As the days get shorter and the nights get colder, these drafts will make your home less comfortable and increase your heating bills.

You might be able to identify large drafts on your own, but if you’re not sure how to do it, you may find that a consultation with a home heating professional can help. Professionals can use tools like thermal cameras to identify drafts. They can assess the places where your home is losing heat and can provide the appropriate repairs and maintenance.

Oftentimes, this is as simple as applying weatherstripping to doors or caulking around windows. You can avoid uncomfortable drafts with just a little preventative maintenance.

Repair Any Roof Damage

Autumn winds can do a number on any loose shingles or tiles. Before the fall season hits, consider scheduling a roof inspection. A professional inspection can help to identify any problems that could cause problems during rainy or snowy seasons.

Even small leaks should be promptly repaired because they’ll only get worse over time. By addressing issues while they are small, you can avoid massive repair bills down the line.

Get a Heating System Tune-Up

Your furnace or heating system likely hasn’t been running for a few months. A thorough inspection and tune-up can ensure that your systems are fully operational before the weather starts to cool down.

A tune-up usually includes an inspection of mechanical and electrical components for the heating system. These systems build up dirt over time, leading to higher energy costs. By scheduling a tune-up, you can make sure that your system is ready to keep you warm and cozy all winter.

An Ounce of Prevention

With just a few simple steps, you can make sure that your home is fully ready for the cooler weather at the end of the year. A little bit of work for preventative maintenance can keep your home in great shape for anything.

Aug. 20, 2021

Pending sales decline, prices are next

Pending sales decline, prices are next

After months of hyper competition, the summer slowdown has finally allowed homebuyers to breathe a small sigh of relief. At the same time, real estate professionals are eyeing the new market slowdown with trepidation.

Nationwide, pending home sales have declined 12% since the spring peak reached at the end of May 2021, according to Redfin.

While the timing of this decline is typical for this time of year — absent 2020, which saw the sales cycle pulled three months behind due to the pandemic disruption — its breadth is clearly atypical. To illustrate, the two-month decline beginning at the end of May 2019 amounted to just 1%, while the decline during the same period in 2018 was 9%.

Meanwhile, during this same two-month window, the U.S. median days-on-market rose from a bottom of 15 days to 16. This uptick is also a seasonal increase, so we need to look for other clues. However, the scant days-on-market experienced in 2021 is historically low compared to the typical days-on-market, which is usually twice as many.

In another promising sign, the multiple listing service (MLS) inventory has also increased since the spring, with supply rising from 6.7 to 7.7 weeks. For reference, a healthy inventory of homes for sale is commonly accepted to be six months, or roughly three times the current supply.

Any real estate agent worth their salt knows being able to see ahead several months into the housing market’s future is do or die. Therefore, we must ask the critical question: are today’s softer market conditions a preview of worsening conditions to come, or merely a seasonal fluctuation in the midst of a normal market?

2021 is the top of the rollercoaster

Real estate markets can resemble rollercoaster tracks even in a normal year, but 2021 is not a normal year.

Following the volatile 2020 recession, interest rates plunged to historic lows, fueling a rise in buyer purchasing power. With the ceiling raised on mortgages, home prices quickly became untethered from incomes, which suffered during the recession. This gleeful ride for sellers and refinancers was at the same time a terrifying drop for low- and mid-income buyers.

Looking ahead to the next hill, the employment market has a ways to climb before it reaches recovery. Here in California, jobs are still 1.4 million below their pre-recession peak as of May 2021. These jobless Californians have thus far been sheltered by the eviction and foreclosure moratoriums, which are soon lifting.

Aug. 18, 2021

How foreclosures will impact the housing market in the wake of the 2020 recession

How foreclosures will impact the housing market in the wake of the 2020 recession

As the foreclosure moratorium and forbearance programs wind down to a close, threats of foreclosure loom for homeowners lacking the ability to get current on their mortgages. Those preparing for an uptick in distressed sales will see them, but by how much?

Home foreclosures as a result of the COVID-19 pandemic and 2020 recession are projected to be modest, Moody’s Investors Service reports.

Moody’s forecasts the coming wave of foreclosures will be similar in number to most economic recessions. However, they are not expecting a tidal wave of foreclosures like during the 2007-2009 downturn.

This more favorable foreclosure environment is in part due to:

  • homeowners slowly exiting from forbearance programs;
  • lenders’ flexibility in payment methods;
  • rising employment levels; and
  • positive home equity conditions, according to Moody’s.

However, Moody’s outlines several factors which may disrupt this positive environment, including:

  • the possibility of another surge in COVID-19 cases;
  • higher inflation; and
  • permanent shifts in some industries.

Despite these risks, the threat is minor enough that lenders will likely be able to survive any losses without need for a bailout, as in 2008.

More than 2.6 million mortgages are delinquent nationwide with no signs of becoming current this year, according to Moody’s. Still, the credit rating agency maintains the smaller number of distressed homeowners and better economic environment they face today will result in fewer foreclosures than during the Great Recession.

Many forbearance programs will end September 30, 2021. These forbearance programs have until now supported home prices, according to Moody’s.

Foreclosures boost inventory

Although foreclosures are not anticipated to be extensive in number, and not nearly as drastic as they were during the Great Recession, they will still impact the housing market.

The nation’s overall delinquency rate was 4.7% in April 2021, with 3.3% seriously delinquent, according to CoreLogic. Here in California, 9.0% of mortgaged homeowners report being behind on their mortgage payment based on the latest U.S. Census Bureau Household Pulse Data collected between July 21 and August 2, 2021. Nationally, 3.4% of mortgages or 1.7 million homeowners are in a forbearance plan as of August 1, 2021, according to the Mortgage Bankers Association (MBA).

Although not all these delinquent mortgages will end in a forced sale, some of them will, and foreclosures will return to the market.

The Consumer Financial Protection Bureau (CFPB) has limited servicers from initiating foreclosure for all mortgages secured by a primary residence through December 31, 2021.

Therefore, foreclosures will likely begin impacting the housing market in a meaningful way in 2022 following the expirations of the foreclosure moratorium, forbearance programs and further grace periods.

When foreclosures commence, the result will be a boost to inventory. This, in turn, will even out home prices and, depending upon the significance of new inventory, cause prices to drop.

Prices will bottom around 2023. After this, the housing market’s performance will be determined by the timing and extent of any additional stimulus, extensions of the foreclosure and eviction moratoriums, and, most significantly, job creation. Whether jobs are created by government-sponsored programs or jobs returning organically over the next few years, the recovery of jobs will be essential to the housing market’s stability.

Related article:

Mortgage delinquencies see first year-over-year decline since the 2020 recession, with a caveat

Aug. 16, 2021

Today’s Quick Action to Stop SB 9 and SB 10

 

Today we have 3 Quick Actions:

 

1) Call each of the following assemblymembers' local district offices and ask them to Oppose SB 9 and SB 10. This is a new list for today! Leaving a message on the district office voicemail after hours is also effective:

 

Name                           Dist   Phone

Ed Chau                      49    323 264 4949    D
Richard Bloom            50    310 450 0041    D
Miguel Santiago          53    213 620 4646    D
Phillip Chen                 55    714 529 5502    R
Lisa Calderon              57    562 692 5858    D
Reginald Jones-           59    213 744 2111    D
Sabrina Cervantes       60    951 371 6860    D
Autumn Burke              62    310 412 6400    D
Sharon Quirk-Silva      65    714 525 6515    D
Kelly Seyarto               67    951 894 1232    R
Steven Choi                 68    714 665 6868    R

 

2) Register for the Statewide Town Hall on SB 9 and SB 10 coming on August  7. Register at this link to attend.

 

 

BACKGROUND: Thousands of single family streets in California will be destroyed to build multi-unit projects if SB 9 and SB 10 become law. YOUR BLOCK, TOO.

 

Legislators have heard overwhelming opposition to SB 9 and SB 10 from thousands of people. But unless legislators get an avalanche of objections before Aug. 16, both SB 9 and SB 10 could be approved by just 41 legislators. And right now, big money talks in Sacramento.

 

SB 9:

 

SB 9 lets developers buy the home next to YOURS to build 6-unit housing projects. They won’t have yards OR garages. There will be NO public hearings before destruction begins. Not even in severe fire zones.

 

SB 10:

 

SB 10 allows city councils to override local zoning, and the California Environmental Quality Act, and voter-approved land protections, to erect 14-unit buildings almost everywhere.

 

Developers can build, next to YOUR home a “10-unit” project with 4 added granny flats, totaling 14 units. As with SB 9: No hearing. No yard. No affordability.

 

You must voice opposition NOW, because you lose your right to object if SB 9 and SB 10 are passed and signed by the Governor.

 

Amidst drought and severe fires, neither SB 9 or SB 10 requires being ready for the environmental or infrastructure impacts of the bills, such as the demand for water, energy, sewer capacity or classroom space.

 

 

Aug. 13, 2021

5 reasons housing isn't in a bubble

5 Things to Know About Today's Market

5 Things to Know About Today's Market

With home prices skyrocketing, there’s been a lot of speculation lately. Are we in a bubble? Will the housing market crash? Will home values come plummeting to the ground again?

Fortunately, those concerns are largely unfounded. Most economists agree that today’s market is nothing like the market we saw in 2008 — and a crash is highly unlikely.

Here are just a few of the conditions that economists say will ward off another crash:

KEEP READING >>

Aug. 9, 2021

Short-term rentals in a post-pandemic future

Short-term rentals in a post-pandemic future

Short-term rentals are simultaneously a scourge on the housing inventory, and a way for homeowners to build on their investment and make some extra money to cover high housing costs. But, either way you look at short-term rentals, they are experiencing a sea change in 2021.

Nationally, from May 2020 to May 2021, the number of Airbnb listings decreased in 95% of the metros examined in a recent LendingTree study.

Here in California, from May 2020 to May 2021, the number of short-term rental listings declined by:

  • 40% in Oakland;
  • 25% in San Diego;
  • 21% in Los Angeles;
  • 21% in Santa Cruz; and
  • 17% in San Francisco.

However, of those short-term rentals still active, the average duration of stay increased significantly. For example, in Los Angeles during May 2020 the average length of stay was just 11 days, compared to 17 days a year later in May 2021.

The reason? As travel has changed during the ongoing pandemic, the typical short-term renter has shifted. Instead of a family on vacation, today’s short-term rental is more likely to be occupied by a family in between moves or a person on a longer trip requiring some amount of quarantining.

Further, some owners of short-term rentals have increased their minimum length-of-stay requirements in an effort to recoup costs lost during the lean months of 2020.

As the short-term rental market continues to shift, how will fewer short-term rentals influence the broader housing market?

The problem with short-term rentals

Unlike hotels, which are designed for the purpose of short-term guests, short-term rentals take homes that would otherwise be occupied by a long-term tenant or homeowner and effectively remove them from the housing inventory. In a state already experiencing a severe housing shortage, short-term rentals further deplete what little housing is already in place.

Neighborhoods with a high density of short-term rentals experience:

  • reduced supply;
  • higher rents; and
  • gentrification, or the forcing out of long-term, lower-income residents, according to the Urban Institute.

In an effort to combat the negative impacts of short-term rentals, most local governments in California have enacted strict regulations. For example, Los Angeles requires owners of short-term rentals to obtain a permit and include the registration number on all advertising. Most of these permits allow homeowners to offer their short-term rental for no more than 120 days a year, eliminating full-time Airbnbs. Further, LA residential neighborhoods under the strictest zoning regulations do not allow short-term rentals at all.

With short-term rental rules tightening across the state, the pandemic was the last straw for many homeowners. On top of reduced profits and more regulations to contend with, some short-term rental owners have taken advantage of historic home price increases over the past year, choosing simply to sell.

Short-term rentals have had their moment

While the short-term rental game has been a creative way for some homebuyers to purchase second homes and invest in the housing market, the decline in short-term rental listings is a good thing for California real estate.

For every short-term rental listing eliminated in the past year, a greatly needed new unit has become available for a long-term tenant or owner-occupant.

True, some homeowners may regret missing out on the opportunity to make money with a short-term rental. But the fact is, homeowners seeking to invest and earn some money by renting out their home can do the same with a long-term tenant. Even as short-term rental regulations tighten, regulations for building accessory dwelling units (ADUs) are loosening. These small granny units or casitas are perfect for homeowners who want to make some extra money by renting out a portion of their property (to long-term tenants).

Real estate professionals can get involved by letting homebuyers know their limits on short-term rentals, and suggesting different opportunities when appropriate. Become familiar with your local short-term rental laws and trends, as well as other ways homeowners can invest in their property.

Via  journal.firsttuesday.us

Aug. 8, 2021

Summertime Grilling: Creative Ways to Set Up Your Outdoor Space

Who doesn’t love having a barbeque on a warm summer day? One of the most popular summertime activities is grilling and we all understand why. Food on the grill is delicious and barbequing is a fun way to spend time with friends and family. 

If you plan on doing a lot of grilling this summer, it’s important to make sure you have a great outdoor space for your friends and family to feel comfortable in. Check out three creative ways to set up your outdoor space for hosting barbeques this summer.

Create a Comfy Lounge Space

When setting up your outdoor space this summer, the comfort of your guests should be at the forefront of your mind. You’ll want to invest in quality patio furniture that will keep your friends and family cozy while you’re cooking. 

This might look like outdoor lounge chairs with thick, billowy cushions. You can also have chaise lounges and outdoor couches for your friends and family to lie back and relax or even take an afternoon nap. 

Add to the ambiance by setting up mood lighting. You can do this with dim string lights draped around your back patio or wrapped around the railings of a back deck. You can then accentuate the mood with scented outdoor candles that have a calming effect. This will create an almost ethereal feel for ultimate relaxation. 

Make Your Own Outdoor Restaurant

Bring the beach to your backyard by creating your very own outdoor dining establishment. Turn your patio or back deck into a backyard restaurant with a bar for drinks and stool seats around it. Surround the area with tiki torch lighting to give the vibe of a tropical café. 

Your guests can mingle and have mixed drinks while you prepare food on the grill. With vibes like this, they’ll feel like they are hanging out at a restaurant right on the beach after a long day spent in the sun.

Set Up Recreational Areas

If your barbeques are all-day occasions, you will want to set up an outdoor space for recreational activities. Your family and friends likely won’t spend the entire day relaxing, so there needs to be space for them to have some fun with one another. This is especially true if you will be having family or friends with children attending. 

For safety reasons, set up space for people to play a good distance away from the grill. If you have the room, you can set up fun outdoor activities like a volleyball net or cornhole toss game in the yard. If you do not have a lot of yard space, invest in tabletop games that your guests can play, like cards or board games. 

Yards with pools are the ultimate way to entertain guests during a barbeque. You can enhance your pool space by making an organized area near the pool where your guests can find towels, pool floaties, goggles, sunscreen, or anything else they may need. Your friends and family will feel like they are spending the day at a resort!

However you choose to set up your space, get creative!