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I live in San Fernando Valley, work in Beverly Hills, CA. I currently am in Real Estate and mortgage. I have recently sold two cute condos in the valley and done the loans for both, one being a co-op loan. I love living and working in Los Angeles county.
Cameron Fedd
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Cameron Fedd
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I would say to offer 50k under asking. They should be willing to negotiate. If it is a short sale it is up to the bank... cameron.fedderman@era.com - Thu Apr 24 2008, 13:19
In LA county it is still 1.25%. cameron.fedderman@era.com - Thu Apr 24 2008, 13:16
Yes, you need a new agent or at least sit down and talk to this one. At this point in the market, you do not need to be offering listing price!! CMA's are a must on the solds but even if the comps show a fair price, your agent should try to get you a deal. Short Sales are a pain, in the agents defense. They could take a very long time. You might think you have the house, and then not, etc. The list goes on. There is nothing wrong with sending the agent listings you want to see as long as he/she is also doing their part and sending you listings as well. cameron.fedderman@era.com - Thu Apr 24 2008, 13:10
Our office sold a couple units in that building. It's a fantastic location. Very close to everything. - Thu Apr 10 2008, 13:30
The loan market is getting alot more strict. It would depend on your debt ratio. Do you have alot of liabilities? cameron.fedderman@era.com - Thu Apr 10 2008, 13:28