Home Buying in 90094 : Advice

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Jayne Clement, Real Estate Pro in Los Feliz, Los Angeles...
Jayne Clement answered:
I am interested in an investment in Playa Vista. Is it a good area for rentals?
The rental demand is strong in Playa Vista. It is a young professional demographic, and they tend to move frequently...and eventually buy. Most of the condos were built from 2003-2005 ... more
0 votes Share Flag Fri Nov 1, 2013 Home Buying in 90094
Josh Goldste…, Real Estate Pro in Playa Vista, CA
Josh Goldstein (424-226-8069) answered:
How soon will the new project be finished in Playa?
The new project will be completed over the next two years, but residence models will be open in the next couple months with move-ins as early as late Spring and into Summer. There are p ... more
0 votes Share Flag Fri Nov 1, 2013 Home Buying in 90094
Gail Mercedes…, Real Estate Pro in 90292
Gail Mercedes Cole-Trulia VIP answered:
Seller has not released my deposit and we are out on a contingency. Who do I get the money back?
Hi,

You have a $5,000- deposit in escrow. I is touch to judge if seller can keep deposit or if buyer's deposit should be refunded if do not have access to escrow instructions. What c ... more
0 votes Share Flag Wed Oct 23, 2013 Home Buying in 90094
eulemail, Home Buyer in Silver Spring, MD
eulemail answered:
How can you make an offer on a house without an Agent?
I want to offer encouragement to others that it can be done and to not be intimidated by other advice (usually from agents/brokers) that it is a bad idea to make an offer on a house wit ... more
0 votes Share Flag Sun Sep 29, 2013 Home Buying in 90094
Stephanie Ir…, Real Estate Pro in Los Angeles, CA
Stephanie Irto answered:
is there a seller to buyer purchase agreement form i can download online?
If you've already been pre-approved for a loan (or are paying cash) and need help preparing and submitting an offer, please contact me directly. I can prepare the forms to be completed ... more
0 votes Share Flag Sun Aug 18, 2013 Home Buying in 90094
Gail Mercedes…, Real Estate Pro in 90292
Gail Mercedes Cole-Trulia VIP answered:
They are doing a lot of new construction here. Will there be terrible traffic?
Hi Carmen,

I have lived on the Westside for a very long time. Yes, there are areas of new construction in all areas of the city. One new concept for new construction is mixed-use. Pl ... more
0 votes Share Flag Sun Aug 18, 2013 Home Buying in 90094
Gail Mercedes…, Real Estate Pro in 90292
Gail Mercedes Cole-Trulia VIP answered:
What is involved in Renting in Playa Vista? It seems they want to know everything including your bank account.
Hi Carmen,

Owners are looking for good tenants. Landlords will require:
- 2 years W2s or 1099s
- Credit report ( will analysis monthly debts to monthly income)
- Credit rating (FI ... more
0 votes Share Flag Sun Aug 18, 2013 Home Buying in 90094
Gail Mercedes…, Real Estate Pro in 90292
Gail Mercedes Cole-Trulia VIP answered:
Who knows the "good" areas of West Los Angeles? Mar Vista looks nice but other area's..not so much.
West L.A. has great neighborhoods.
- Westchester is a great area with single family home density
- Culver City has a mix of area single family home and condominium density.
- Wests ... more
0 votes Share Flag Sun Aug 18, 2013 Home Buying in 90094
Gail Mercedes…, Real Estate Pro in 90292
Gail Mercedes Cole-Trulia VIP answered:
Does anyone know why HOA fees in Playa Vista are so HIGH!???
Playa Vista, L.A. 90094 is the newest community in West Los Angele, CA. In addition to the HOAs is an annual Mello Roos fee. Mello Roos http://en.wikipedia.org/wiki/Mello-Roos. The HOA ... more
0 votes Share Flag Mon Jun 17, 2013 Home Buying in 90094
Gail Mercedes…, Real Estate Pro in 90292
Gail Mercedes Cole-Trulia VIP answered:
I saw the new development in Playa Vista. I was told 10 are already sold! Will they reduce the prices on them,in your opinion?
Phase I went on sale in the mid 2000s any available for sale units are now resale. Like any other community Playa Vista was hit by the "Great Recession" and values were depressed. 2013 ... more
0 votes Share Flag Mon Jun 17, 2013 Home Buying in 90094
Gail Mercedes…, Real Estate Pro in 90292
Gail Mercedes Cole-Trulia VIP answered:
What's so Special about Playa Vista?
Phase I when on market about 10 years ago a Planned Unit Development that is Leeds Certified. Playa Vista is the newest community in West Los Angeles, CA. Playa Vista is mixed use. It ... more
0 votes Share Flag Mon Jun 17, 2013 Home Buying in 90094
Kawain Payne,…, Real Estate Pro in Long Beach, CA
Kawain Payne, Realtor, Notary answered:
What can I do when a seller rejects my highest, best, over full-price, all-cash, no contingencies offer-- instead selecting a significant lower offer?
Hello Lifoosk,

The seller has the right to select what offer they want to submit to the bank.

Perhaps the agent for the buyer wrote a great cover letter introducing the buyer. May ... more
0 votes Share Flag Mon Sep 10, 2012 Home Buying in 90094
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