About Me
2009 President of the Arcadia Association of REALTORS
2009 Director for the National Association of Real Estate Professionals (NAHREP) - Los Angeles Chapter
2009 Director for the National Association of Real Estate Professionals (NAHREP) - Los Angeles Chapter
Testimonials
"Our condo was not suitable any longer due to the fact that our son needed a yard to play in. So, we decided to ask Andy to list our condo for sale as well as locate a single family home to purchase. He did not even get a "For Sale" sign put up because he already received ten offers in less than a week for our condo. We were thrilled to receive offers way above our asking price.
During that crucial time we were searching for a home because we knew we had to find and put in an offer quick. Andy made sure that the sale of our condo and the purchase of our new home went smoothly. He constantly kept us informed and worked with our busy schedules when it came time to sign paperwork.
We highly recommend Andy when it comes to selling or purchasing a home as well as general real estate issues. Without a doubt Andy is a very professional and kind person to work with."
George & Deneil from Glendora, CA Thu Jun 18
George & Deneil from Glendora, CA Thu Jun 18
"Due to an unparalleled commitment to customer service, many satisfied clients have submitted letters of thanks and some greatly appreciated reviews. If you would be interested in receiving a variety of letters of recommendation please e-mail that request today so they can be sent over. Thanks again and if you have any other requests for information regarding buying or selling be sure to visit the request information section.
“I wanted to take the time to thank Andy for all his help in buying my first home. I don’t think I would have found the perfect home without his help. He knows the local neighborhoods very well. The whole process of buying a home is an intimidating one especially if it’s your first home. Andy was great! He made the process so simple by explaining everything to me in plain English. He was always made himself available whenever I had a question. Thanks again! I look forward to seeing Andy when I’m ready to buy my second home”"
Alfred from South Pasadena, CA Thu Jun 18
Alfred from South Pasadena, CA Thu Jun 18
My Q&A
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Andy Bencosme's Questions (0)
Andy Bencosme's Answers (39)
Andy Bencosme answered:
Hi. Congratulations Dave on your accomplishment. My office is located in Sierra Madre and we do business in San Gabriel as well as all over the San Gabriel Valley. CENTURY 21 is well reknowned for it's brand awareness and award winning training. I would be happy to discuss your career with you at a time of your convenience. Please hit the link to the right on my name and contact me to talk.
Andy
Andy
Andy Bencosme answered:
In california it is 1% of the assessed value plus any special taxes voted in by certain municipalities. This is from the Tax Assessor of Los Angeles' site at http://assessor.lacounty.gov/extranet/guides/realprop.aspx
In 1978, California voters passed Proposition 13, which substantially reduced property tax rates. As a result, the maximum levy cannot exceed 1% of a property’s assessed value (plus bonded indebtedness and direct assessment taxes). Increases in assessed value are limited to 2% annually. Only four events can cause a reappraisal:
1. A change in ownership;
2. Completed new construction;
3. New construction partially completed on the lien date (January 1); or
4. A decline-in-value (see Market Value Decline - Prop. 8).
In 1978, California voters passed Proposition 13, which substantially reduced property tax rates. As a result, the maximum levy cannot exceed 1% of a property’s assessed value (plus bonded indebtedness and direct assessment taxes). Increases in assessed value are limited to 2% annually. Only four events can cause a reappraisal:
1. A change in ownership;
2. Completed new construction;
3. New construction partially completed on the lien date (January 1); or
4. A decline-in-value (see Market Value Decline - Prop. 8).
Andy Bencosme answered:
You should talk with your agent, but here are some basics people look for.
Price: the higher the better of course for a seller, but your agent should help you identify what the market value should be. Don't go by the listed price as it may be priced too low or high, which may have been the case with this one. Most homes sell within 5% of the listed price.
Down Payment: Again the higher the better for a seller. They see that as your ability to make up any difference on an appraised value and also makes it easier to get a loan,
Deposit: A deposit of 3% is the most a seller can keep if you back out of a deal for no reason. So having a 3% deposit is security for the seller.
Also any other costs that you do not ask of the seller will help them make a decision in your favor. These could include closing costs, pest control costs, etc.
Price: the higher the better of course for a seller, but your agent should help you identify what the market value should be. Don't go by the listed price as it may be priced too low or high, which may have been the case with this one. Most homes sell within 5% of the listed price.
Down Payment: Again the higher the better for a seller. They see that as your ability to make up any difference on an appraised value and also makes it easier to get a loan,
Deposit: A deposit of 3% is the most a seller can keep if you back out of a deal for no reason. So having a 3% deposit is security for the seller.
Also any other costs that you do not ask of the seller will help them make a decision in your favor. These could include closing costs, pest control costs, etc.
Andy Bencosme answered:
This is a difficult loan to find in this market, but perhaps seller financing may be your option. If you still need assistance, you can contact me and I can refer you to several very good lenders in your area.
Andy Bencosme answered:
If you still need this information, I would be happy to assist. Just send me the address in question and I can help. Just click on my name to the right and contact me.
My Listings
View all 1 listings
Specialties
Residential and Residential Income Sales
Sales Management & Training
Sales Management & Training
Experience
Latest:
Sales Manager for CENTURY 21 Village Realty
February 2008—present
Previous:
Assistant Manager for CENTURY 21 Village Realty
April 2004—February 2008
Previous:
Assistant Manager for CENTURY 21 Ludecke Realty
April 2003—April 2004
Certifications & Awards
e-Pro Internet Professional Designation
At Home With Diversity Designation (AHWD)
Masters in Business Administration (MBA)
CENTURY 21 Orbit Management Training Graduate
CENTURION Award Winning Agent
Quality Service Award Winning Agent
At Home With Diversity Designation (AHWD)
Masters in Business Administration (MBA)
CENTURY 21 Orbit Management Training Graduate
CENTURION Award Winning Agent
Quality Service Award Winning Agent
View Andy Bencosme's...
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