Recently I was reading about a very telling statistic. The California Association of Realtors has published that more than 50% of all first-time homebuyers sales were either short sales or foreclosure transactions. These short sales presented many first time buyers with great opportunities. To be able to step into the market which a few years ago looked like an impossible event? The buyers see...
The San Fernando Valley is famous for many reasons. Some know it as the “valley of the stars” others recognize it as the’ other movie industry’s center’, that is the Porn Capital of the World. Different cities are vying for the title. Some of people consider it the Sherman Oaks hills. I was going on a listing appointment and the owner of the house...
8413 Grandview Drive, Los Angeles, CA Escrow Closed! Hurrah! As Realtors we encounter many challenges during the normal sales process. Then there are others that become more challenging as Escrow Progresses. This one falls into one of the latter category. I had an Italian Architect who came to Los Angeles to look for land. We found one and the story got more interesting. He...
Did you know that undisclosed payments in a Short Sale Transaction may be illegal? According to The California Association of Realtors undisclosed, specifically those payments that are paid outside of Escrow may violate the Law. In particular it could be a violation of RESPA, or it could be considered Lender Fraud and a violation of licensing laws just to name a few. An example...
722 North La Jolla Ave, Hollywood, CA. I love this lease listing. Previously rented by TV and Movie Celebrity with his family. They loved it so much stayed for five years. Cool Landlord and a fantastic location. 722 LA JOLLA AVE $3,990Active 3 Bedrooms 3.00 Bathrooms MLS Number: 10-433745 Add’l Photos 722 LA JOLLA AVE LOS ANGELES, CA 90046 REMARKS: RECENTLY UPDATED DUPLEX WAS TASTEFULLY CONVERTED TO...
What is Beverly Hills, CA? It is a destination for the tourists, the rich, the famous and the infamous. One thinks of the zip code 90210, and the TV Show of the same name. When we think of Beverly Hills, we think of Glamour, Movie Stars and an Affluent Society. Beverly Hills is a destination place. People from all over the world want to...
