Seller Concessions, also referred to as a Seller Contribution, is when a buyer asks the seller for a financial contribution towards their closing costs, escrows and/or pre-paids. Not all sellers will give a contribution and some lenders/loan programs may have restrictions on seller concessions, which may include not allowing them. Now there are a few […]
What are Seller Concessions? Read More »
A recent article in the Los Angeles Times addressed the interesting topic of whether you should pay off the mortgage on your home early. In today’s roller coaster ride on the stock and housing markets people are worried about their monthly expenses. There is no security in holding the debt of a mortgage on a
Should You Pay off Your Los Angeles Home? Read More »
Are you leaning towards stepping into the investment market? You may get the idea that buying a foreclosure is your best bet for a great deal on a home. Well, it’s possible, but remember that the foreclosure market is full of perilous pathways and competitive investment pros who know what they’re doing. Whether you’re considering purchasing
Foreclosures – A Dream or a Debacle? Read More »
An article in today’s Los Angeles Times discusses the reasons deterring people from buying a Los Angeles home these days, and quotes me, a Los Angeles realtor®, as an example: “There’s a zillion reasons [sic] why people aren’t buying, but honestly, they would if they could,” said Jane Peters, a real estate agent in Beverly
Home Ownership Loses its Luster, Per L.A. Times Article Read More »
If you are thinking of selling your Los Angeles home, or are actually in the process of trying to sell it, you might consider a reverse offer. What is a reverse offer? A reverse offer is counter to what normally happens in the home buying process, where the buyer presents an offer to the seller.
Los Angeles Home Sellers Have You Thought About a Reverse Offer? Read More »
If you are looking for the ultimate in green roofing for your Los Angeles home, KB Home and Irvine-based Boral roofing are introducing smog-eating tiles. For those Los Angeles homeowners who are concerned about the environment, installing these concrete tiles will help neutralize the smog-forming nitrogen oxides emitted by automobiles and other burning processes. It
Los Angeles Homes Going Green With Smog-Eating Roof Tiles Read More »
I received a call today from an out-of-towner looking to rent a Los Angeles apartment. The caller asked me if what she was about to do sounded right. She was about to send money to someone offering a 2 bed 2 bath, 2500 sq. ft. furnished condo for lease for the grand sum of $1,200.
Beware of Los Angeles Apartment Rental Scams Read More »
Russel Ray, San Diego home inspector, had a client in March 2010 who called him with an insurance problem related to his water heater. It had been many years since he worked in the insurance industry, but he learned all their secrets. So he told his Clients at the home inspection that if they ever
What Your Los Angeles Homeowners Insurance Does Not Pay For Read More »
Carroll Ave. is a historic, Victorian era street in the Angelino Heights area of Echo Park. Angelino Heights in Echo Park is one of the first suburbs of Los Angeles with unique architectural styles dominated by more than 50 Victorian era residences. Carroll Ave. showcases the best Queen Anne-Eastlake Victorians in the city, and more
Echo Park Real Estate News – Carroll Ave Victorian Era Residences Read More »
If you want to get an extra deduction on your Los Angeles real estate taxes, pay your January mortgage early. Your mortgage is paid in arrears, so your January payment covers your December interest. Since your interest is tax deductible, if you pay this in December, you can apply the interest paid to your 2010
Want an Extra Deduction for 2010 Los Angeles Real Estate Taxes? Read More »
