Top current real estate questions

(not necessarily in order)  Q: Is it a good time to sell my house? A: Are you looking to buy a larger house? If so, the answer is probably, Yes.  The Move up formula is relative.  If you are going to sacrifice price and  sell in a down market than you benefit from buying in… Read More

Credit after foreclosures, bankruptcy and short sales

In these difficult times there is a very good chance that you are either in trouble with your mortgage or that you know someone who is.  There are many ways to escape a troubled mortgage, and they all have distinctive downsides and upsides.  In helping people, I found this guide which summarizes some of the implications.  This… Read More

The Effects of Short Sales, Foreclosure, Bankrutpcy, Deed in lieu after the fact

Real Estate Group Los Angeles

In these difficult times there is a very good chance that you are either in trouble with your mortgage or that you know someone who is.  There are many ways to escape a troubled mortgage, and they all have distinctive downsides and upsides.  In helping people, I found this guide which summarizes some of the implications.  This… Read More

Top Five Surprises in the Homebuying Process – During Negotiations (part 1)

So you have navigated finding your dream house, now it comes time to enter the negotiations.  This time period is certainly fraught with anxiety and stress even in the best situation.  Laws vary from state to state and traditions vary from region to region on how negotiations are to be carried out so this info… Read More

Top Five Surprises in the Homebuying Process –before finding the house

  Despite the joyful outcome buying a home can be a very arduous task with many bends and obstacles in the road. Some are predictable, some are not.  It is always better to anticipate and address the potential problems before a contract is signed and escrow is opened.  These are just some of the things… Read More

Are Foreclosures the best deals around?

Are you looking to purchase a foreclosure in Sherman Oaks, Studio City or Encino.  Well join the club, but did you know purchasing a home that someone has cared for may actually be a better deal. When you purchase a home, your lender will hire an appraiser to determine the value of the property you… Read More

Foreclosure Marketing

This is a synopsis of the marketing strategy we use for foreclosures: We customize this plan to fit the needs of the client and the particular property we are dealing with but this is a good outline. I. Pre-Foreclosure A. Determine occupancy 1. If vacant a. make sure property is secure and in compliance with… Read More

The Foreclosure – Disclosure Dilema, If you don’t understand it, You’ll be Sorry!

Buying a home that is owned by a bank and was obtained thru foreclosure can be a great deal. It also comes with strings attached and some pitfalls you should know about ahead of time. Laws differ from state to state but most states have similar provisions that have been pushed thru by lenders. -Disclosures;  when… Read More