Extraordinary real estate services for buyers and sellers
Home buyers usually have some idea of the approximate number of square feet they're looking for in a new home. It might be a number similar to the home they currently occupy, or it might be a larger number – based on feeling too cramped in their current home. And of course, some might be downsizing to a smaller home because they want less to clean, maintain, heat, and cool. You might argue that the buyer doesn't really need to know the … [Read more...]
Who decides which offer to accept? The Homeowner. One major misconception about short sales that has been repeated so often that people have come to believe it is that all offers are presented to the bank – and the bank's asset manager makes the decision on which offer to accept. Generally speaking, this simply isn't the case. In a Los Angeles short sale, the property still "belongs' to the seller and it is the seller (with the help of … [Read more...]
Before you get excited over the latest national, regional, or local home prices as reported in the news media, know if they are comparing apples to apples. The news reports use either the average or the median (middle) home price for a given time period. And the numbers can be misleading. In some markets, the investors moved in immediately after the crash, buying every low priced home they could find to turn them into rental properties. … [Read more...]
Buy Income property in Silver Lake and get help paying your mortgage. If you are currently renting a home or apartment in Silver Lake or Echo Park and are considering buying your first property, does it have to be single family home? Why not start off with an income property instead of a house and stop throwing money away on rent? Your landlord has been letting you pay his mortgage, why not let somebody help you pay yours instead? … [Read more...]
Sometimes rare gems are hiding in plain sight – Such is the case with the Berkshire Craftsman and Bungalow Revival District at the north east corner of El Sereno. Here, just south and adjacent to South Pasadena, you'll find an area of well-preserved little bungalow homes. So well preserved, in fact, that the area is under consideration for inclusion as one of Los Angeles's Historic Preservation Overlay Zones. The Short Line Villa Tract, … [Read more...]