How Many Square feet are in that Los Feliz house? Are you SURE?

That Los Feliz house may not be as large as you think

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...]

Selling Your Los Feliz Home? Create a “Blank Canvas”

declutter rooms and use neutral colors to sell your Los Feliz home

No, I don't mean remove all the furniture and paint everything white… I mean, remove all the distractions so your potential buyers can see themselves and their own possessions in your Los Feliz home and not be distracted by yours. Take down the family photos and replace them with something neutral. Pack your trophies and collections. And if you've gone wild with paint color, do repaint to a neutral tone. It doesn't have to be stark white, … [Read more...]

Silverlake Home Price Statistics Can Be Misleading

How much is this Silverlake property worth?

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...]

For Your Health’s Sake – Choose a Los Angeles Short Sale over waiting for a foreclosure

stress

If you're having financial difficulties and finding it impossible to keep up with the payments on your Los Angeles area home, choosing a short sale over waiting for foreclosure could be just as important for your health as it is for your finances. How can waiting for foreclosure damage your health? Waiting for foreclosure causes mental and emotional stress - and stress can have a devastating effect on your health. When you simply … [Read more...]

Clearing the confusion around Los Angeles, CA short sales

Don't panic when the BPO on a Los Angeles short sale is inaccurate

In spite of the fact that Los Angeles short sales have been around for the last 6 years or so, confusion about the process still abounds. So let's take it from the beginning… The first step in a short sale is completion of the short sale package. Briefly, a short sale package contains information from both the seller and the seller's agent.The seller supplies a hardship letter and documents to verify that hardship. This will include … [Read more...]