Do you have an agent. Usually, you have a 17 days contingency but it is all depending on the contract. Email me for detailed situation. I will be glad to reply back to you. My email is firstname.lastname@example.org.... more
Please speak with your accountant about tax consiquences. There are Capital Gains tax if you sell and new health care tax... ect... You can do a 1031 exchange if it is not your primary residence.... more
generally speaking, those are the kinds of things that will give you the most return on your money and add value. I would speak with a local experienced pro to get their take on how best to maximize value through improvements.... more
I imagine it depends on what neighborhood you are looking in. I can tell you that nearly every single family home in the San Fernando Valley is getting multiple offers - regardless of the price.
Everything is negotiable, however typically seller will pay city and county transfer fees and taxes.
Each city have their own transfer fee for example city of Los Angeles charges: $4.50 per $1,000.00
Los Angeles county transfer Tax is $1.10 per $1,0000
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Your only real recourse is to pull the property off the market and wait until prices improve further. The housing market in southern California has been recovering sharply this year and it's unfortunate that you live in an area with so many short sales and bank owned properties as comps. There's no way around that with the new lending regulations. Or, you can provide seller financing and avoid the appraisal all together.... more
If your property is listed, it depends what your contract states. if you inclided a statement in your listing agreement that in the event the property is purchase by one of the owners there is no commission than none. If you dod not, the sellers together would have to pay the listing commission unless you can negotiate with the listing agent... more
Not quite sure what the question is. Are you the buyer? If so, hopefully you are working with an agent. Have you released all the buyer contingencies? Are you ready to fund? The seller cannot arbitrarily decide not to sell, illness or not. But your question is too vague to answer.... more
Hi, I believe the most important is personal knowledge of the neighborhood followed closely by how you relate personally to the agent -- after all, you will have to be in close communication throughout the listing process, open houses, showings and escrow and it is really important to have confidence as well as comfort with your agent. I also feel that it is beneficial to work with an agent who does not have too many listings at once so that you get a lot of personal attention and are not dealing with assistants.
I work out of the Beverly Hills North office of Coldwell Banker because I feel it gives me greatest access to all of LA but I have owned my home in Beachwood Canyon for 7 years and have lived in the Hollywood Hills for 14 years and am intimately familiar with the neighborhood and its history.
Please feel free to contact me if you would like to meet in person.
Coldwell Banker | Beverly Hills North
Cell: (323) 570-1441
Office: (310) 777-6393
DRE Lic # 01884185
They would only be responsible if you could prove the seller knew about the defects, and purposely tried to hide them from you.
I know it sounds hard, but if they gave you the time to inspect the property, and the seller did not know about the problem, then the cost to repair is on the buyer.
Talk to your agent, and see if they can guide you in this.... more
You need to read your purchase contract. If you did not sign a Extension Of Time and the date of closing listed in your contract has passed, you technically don't have a contract (it's expired). Talk to your Realtor.