If you are buying or selling Echo Park real estate, find out how the market is doing on a monthly basis. Below are the annual statistics for Echo Park single family homes through February 2011. Map of Echo Park View Echo Park 90026 in a larger map So how is the Echo Park real estate […]
Echo Park Real Estate Market Report – February 2011 Read More »
If you are a first-time home buyer in Los Angeles and think that you have to settle for one of those starter homes, think again! Los Angeles home prices are somewhat stable, and mortgage interests are still historically low. First time home buyers can afford more than in previous times. Also, they don’t have to
Buying your First Los Angeles Home – It Doesn’t Have to be a Starter Home Read More »
Or should I sell it As Is? Is your home a standard/equity sale? Are you considering selling your Los Angeles home? Do you have some repair items that need your attention? Do you have paint that is peeling, baseboards that need touch up (or replacing), screens that need repair or replacing? Do the windows open?
Selling Your Los Angeles Home – Should I Fix it Up First? Read More »
Tick…tick…tick That’s the sound of time slipping away on lower-priced mortgages, smaller-downpayments, lower interest rates, and cheaper closing costs. Getting worried? If you’re a first-time buyer … or live in a high-priced region of our country … maybe you should be. As of April 1st and after … there are many things in play
Los Angeles Mortgages are Still Low – Don’t Miss your Window of Opportunity Read More »
Ask anyone about their experiences with real estate agents, and you will no doubt hear a wide variety of responses. There are so many myths about agents that tend to be taken as truths when someone has a negative experience. A good real estate agent is worth every single penny you spend for their expertise.
Common Myths About Los Angeles Real Estate Agents Read More »
If you are considering buying a Century City condo check out the market below. Be sure to click on each image for more detailed results: Overview of Century City condo sales over past year to February 2011 The statistics to take note of are, in this case February 2010 vs February 2011 as these take
Century City Condos – Market Report February 2011 Read More »
If you are thinking of walking away from your Los Angeles home, or doing a short sale on that home don’t automatically assume that you will not have taxes to pay on the forgiven portion of your debt. There are laws in place that protect the distressed Los Angeles homeowner from having to pay taxes
The definition of a short sale is the sale of real estate in which the amount yielded from the sale is short of the balance owed on a loan secured by the property which will be sold. That means that a property has more owed against it than it is worth in current market conditions.
What is a Short Sale? Read More »
3 Simple Steps to Prepare Your Home for Sale Thinking of selling your home during the spring market? Here are a few tips to help your home show better and sell faster. Get rid of the excess: Eliminate as much as possible, and then when you think you’ve eliminated, do it again! Remember when staging
3 Simple Steps to Prepare Your Home for Sale Read More »
Gene Mundt is a mortgage banker with Chicago Bancorp in Chicago. He writes extremely insightful articles on the mortgage industry. Much of what Gene writes is universal and relates to the Los Angeles home buyer. Today, Gene talks about the language of real estate financing. If you are buying a home in Los Angeles you
Understanding the Language of Real Estate Financing Read More »
