Can't afford your home? Letting the bank foreclose is not your best course of action!
There is a tendency for people in financial straits to ignore their problem until it is too late. Don't sit back and do nothing when there are options out there that will do much less damage to your credit and might even allow you to keep your home. If you simply let the bank take your home without trying a workout alternative, you may not be eligible for a new Fannie Mae-backed mortgage for seven years from the date of foreclosure.
Not enough has been written about the Home Affordable Modification Program (HAMP
) and the Home Affordable...
1957 Rockford Rd is a recently listed Silver Lake Streamline Moderne overlooking the Silver Lake Reservoir. Situated on Rockford Rd, the short road just above Silver Lake Blvd, this home affords some of the best views across the reservoir from the Moreno Highlands. This Silver Lake home has 3 bedrooms and 3 bathrooms in 2,381 square feet of living space and a 6,425 sf easy-care lot with enclosed, multi-level concrete patios. The home’s design emphasizes long horizontal lines and curved walls and windows, representative of streamline modern homes of the era. This particular beauty...
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 bank statements, medical...|
36 On Echo – New Construction in Echo Park
There are Echo Park buyers who want a little old California bungalow to call home, but lately I’ve been getting requests for new construction. 36 on Echo is the latest new construction in Echo Park and the first phase is nearing completion. Warning - if you are interested in these, do NOT go without an agent. The sales office staff represents only the seller. No buyer's agent in-tow, No representation for YOU!
I recently wrote about Live Work Lofts in Silver Lake
and those two complexes are relatively new. 36 on Echo is SO new that none of the units are actually completed yet! I did take some time to visit the model unit and see what the finished product will look like.
D.R. Horton is the builder of these 36 new townhomes coming to Echo Park. They describe the architectural style as Contemporary Craftsman. I’m not sure if I would call it that – judge for...
There are several condominium complexes in the area but only a couple of live work lofts in Silver Lake. If you are truly looking to run a business out of your home, check out one of these two complexes.
Sunset Silver Lake Lofts
The Sunset Silver Lake Lofts complex at 4111 Sunset Blvd. was built in 2007 and sits right in Silver Lake’s Sunset Junction
with it’s coffee houses, boutique shops and restaurants. How nice to be able to cross the street for a cup of coffee at Inteligencia or to grab some wine and cheese at The Cheese Store of Silver Lake.
The complex was developed by KOR and consists of 43 units in four freestanding buildings. All of the units have high ceilings and walls of glass plus...