It is very important to contact a qualified Realtor if you are in need of advice on how to deal with your bank. Your Realtor will be best qualified to help you negotiate with the bank.Thomas@realtyw
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Forecast in real estate is like the weather forecast, once the day goes by you can know for sure what the weather is like. so once you put your house on the market, you will know for sure what a willing and able buyer will buy it for.
Muriel Levin
muriellevin@coldwellbanker.com
Realtor with Coldwell Banker in Hancock Park North
Agent Immobilier a Los Angeles, Californie... more
This is the home of your dreams! A beautiful single level home featuring 4 bedrooms & 2 remodeled bathrooms with low flow toilets & showers with custom counters. Inviting living room with backyard
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Robert
There are times when purchasing a home make sense. We have a saying in real estate "now is a great time if you need to buy or sell". The reason is that NOW is the ONLY market. So if you need to buy or sell, then a competent Realtor can help you do that.
In most cases people are not buying or selling to make money. They are buying or selling because they have to accomplish or more important goal, so by helping someone accomplish their goal has value.
Why would anybody sell in a buyer's market? Because they need to. Death, divorce, new baby, new job--life goes on. Particularly if you are renting, buying almost always makes financial sense. I was talking with a buyer yesterday and her need was for control. No landlord to make her life miserable. Her need was also security. She has fears of never owning anything free and clear, but always having to pay rent. What about when I retire.
The most important aspect of buying a home is the plain truth that we do not know when the market will turn around. I monitor six local areas. In Burbank I have seen inventories drop to half what they were a year ago and prices are beginning to go back UP. This will never make the news in LA because so much of LA is still going down, but for people buying and selling in Burbank, it is a big deal. Guess how many people are aware of this price and inventory trend? Very few.
Los Angeles is s big town. I hope that you are working with a Realtor that can keep you posted on local real estate trends in the area where you want to buy. Timing the market is very difficult because no one knows the future.
Good luck... more