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90015 : Real Estate Advice

  • All21
  • Local Info1
  • Home Buying5
  • Home Selling2
  • Market Conditions1

Activity 19
Mon Mar 7, 2016
Dorene Slavitz answered:
Yes, please do ask your Realtor to explain how the Good Faith Deposit works for the seller. Each sale is different so your agent is the best source of information for you.
0 votes 3 answers Share Flag
Thu Nov 13, 2014
Elicksina Johnson answered:
hi,

Yes it is, you can get a good traffic from Craigslist, but the question is craigslist flagging and deleting a lot of ads. So if your ads are marked or deleted, you can use a professional service publication craigslist ad. For more details visit the page http://clpostingpros.com/

Thank you
... more
0 votes 48 answers Share Flag
Sun Aug 31, 2014
DesignSlave answered:
Not to be otherwise, but why have you asked people in Los Angeles, when it's not on one of the cities you're 'looking at'?
0 votes 13 answers Share Flag
Sat Jan 4, 2014
Ted Trent answered:
Hi Kudra: I've been helping people find lofts in Downtown Los Angeles since 2001. It's very difficult to find FHA approved property in the downtown Los Angeles area. The status of FHA is an on-going hit or miss, because FHA has various strict qualifications for buildings. For example, one community I won't mention due to the sensitive nature of this topic to some home owners, recently lost their FHA approval because too many rental units are in their building. So, though today, it might be FHA approved, tomorrow your loan might not go through. If you have any more questions about Downtown Los Angeles lofts and condos, check out our website at www.LoftLivingLA.com ... more
0 votes 10 answers Share Flag
Wed Sep 25, 2013
Jennifer Lee answered:
Yes the three sister developments by South Group developers are LEED-certified buildings and great, solid investment properties. Personally, I live in Luma, which is the second-phase of the three buildings and thoroughly enjoy urban living. Of the three, EVO is the third and last phase, higher-end, and only LEED Gold certified, which is a higher rating. These properties are located in the prime South Park area of Downtown. The downtown Streetcar (which is set to be electric and very quiet) will run down 11th Street and connect the buildings to all that downtown has to offer. Whole Foods is coming in 2015, The Bloc (currently Macy's Plaza) will become the modern open-air mall that will have new shopping and food options, the Historic Broadway Core will be completely revamped, the Farmer's Stadium has just gone through the permitting process with the City. Downtown is an amazing place to be right now, and South Park is the posh place to live, with all the luxury of comfort at your fingertips. I'm an active member of the Downtown Los Angeles Neighborhood Council (DLANC) so yes, I get pretty passionate about this stuff.

If you would like to discuss anything further, feel free contact me at jennifer@urbanhabitatrealty.com or (310)804-8874. Cheers!
... more
0 votes 7 answers Share Flag
Fri Apr 27, 2012
Eddie A Safa answered:
I thank you all for your answers.

I am with most of you that this recovery is dependent on many factors and that this is certainly a different type of recession compared to the ones in the past 4 decades. Many questions have to be asked when we are thinking about a full recovery and price increase, such as:

1) How will the interest rate increase, that is inevitable, going to impact the real estate prices?
2) How is the shadow inventory (REO) going to impact the real estate prices?
3) How soon will the job market recover and are we going to see higher wages?
4) How will the old or the new administration, after the election, contribute to an economic growth?
5) How will Europe's economic recovery be within the next 3 years?

With all of the above and a few more uncertainties I am still certain that the real estate values will improve in the next 3 years. I base my conclusion on the amount of fiat (paper) money that has been printed by the Fed and all other world power houses. This move has already contributed to inflation across the US. We see high single digit percentage price increases across all consumer sectors. Furthermore the devaluation of the Dollar, low rate of return given by the banks to the investors and high rents (rent to mortgage ratio) are driving the market up in certain pockets of LA. Investors are looking to maximize their return by buying, rehabbing and reselling the available inventory. Eventually the inventory leveI will decline so low that we will experience an upward price explosion. I am sure many of you are witnessing the low inventory in many pockets.

My only question remains whether the upward price trend occurs within the next 3 years or, the next 5 years?

Wish you all the best,
Eddie Safa
Broker/Realtor
soldbyeddiesafa@gmail.com
... more
0 votes 6 answers Share Flag
Mon Mar 12, 2012
Carmen Brodeur, JD answered:
I think most people think of them as pure entertainment.
0 votes 26 answers Share Flag
Thu Dec 1, 2011
Renee Kische answered:
Many of the answers below are a great start. My curiousity is why is this comingup now. You should have gotten a complete copy of the CC&R's from the HOA, for you and your agent ot review. If there was a red flag, it should have shown itself at that time. And, the lender will need to clear the termite work before the close of escrow unless otherwise negotiated. Review with your Realtor so there is not miscommunication before the close of escrow.

Stay connected,
Renee Kische
Keller Williams-Hollywood Hills
323.377.7976
renee@bestLAliving.com
... more
0 votes 13 answers Share Flag
Wed Apr 27, 2011
Emily Erekuff answered:
Hi Everyone,

As others have already mentioned, our engineers are addressing this display issue, and many should already see that their points are restored. For those who still don�39;t see their points, please note that we don't anticipate any loss of data, so your current contributions will be accounted for once the display is fixed.

Thank you all for helping to spread the word about this and for your patience while we fix the problem!

Best Wishes,

Emily Erekuff
Community Moderator
... more
0 votes 14 answers Share Flag
Wed Nov 24, 2010
Scott Godzyk answered:
Branching out should be carefully considered, it also depends on your individual state laws. I believe ones time is better used specializing and getting experienced in a certain niche or segment of the market. Some agents make great listings agents, some love being buyer brokers, not too many can specilalize in both. Right now being a bank owned listing agent or a bank owned buyer broker puts one on top of the market. One can not just declare themselves a specialist though, it takes time, education, hands on experience and the "know hiow". Some are born with a talent to have patience and be teh best in sales, others have to work a little harder and some need to work a lot harder. What ever you decide, keep it simple and put your best into 1 thing instead of a little effort in a lot of different things. ... more
0 votes 6 answers Share Flag
Tue Nov 23, 2010
Andy answered:
It depends on the market and clients. Science is diffrent from business. And this Feng Shui is diffrent with that Feng Shui.

Feng means Wind in Chinese and Shui means water in Chinese but actually, there are eight not two elements in this philosophy system which is formally called Yin-Yang, it is Daoism that is a Chinese philosophy. People learn Yin-Yang for Feng Shui purpose just like a person takes logics and speech courses in school for future yelling people.

I am not saying people should not believe Feng Shui but what happened may not just cause of Feng Shui. That is all if you can feel confortable. We do not have to fiind out the details from Feng Shui aspect. With lack info, nobody can analyze very well.

Be careful, Feng Shui is diffrent from Feng Shui master. Real estate principle is correct, real estate license is not fake but those do not mean real estate pros must be in correct. Feng Shui is the same.
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0 votes 12 answers Share Flag
Mon Nov 22, 2010
Emily Erekuff answered:
Hi Donna,

Reviews are meant to be about neighborhoods rather than specific properties. Please check out the blog post at the link for more information about contributing local ratings and reviews to Trulia. Please also let us know if you have any other questions or feedback.

Best Wishes,

Emily Erekuff
Community Moderator
... more
0 votes 3 answers Share Flag
Mon Nov 22, 2010
Annette Lawrence answered:
These highly charged programs are very capable of stimulating the potential within us all. However, motivation does not last, and just like a shower, must be repeated on a frequent basis.

As Keven pointed out, it's up to the hearer to act. PERIOD!

For me, I find myself inhibited from realizing my real potential due to secrets I keep locked inside, in some cases, unknown even to me. Somewhere out there is the key of truth to open the lock holding the chains of bondage. When encountering 'truth' and experience its liberty, one will truly say, this program or that program works. It worked because I sought truth and responded responsibly.

After a season in real estate we can expect these programs to deliver one or two ideas that resonate well with our need. That would be a successful program. I believe however, that all truth is connected. The revelation of one truth brings into understanding the others. Commit to do whatever it takes and persist in seeking the key. It's an enlightening journey culminating in the liberty of truth. Through such liberty you experience the freedom to respond to inspired thought in the confidence of knowing its source is pure.

In all these programs seek the fresh cool water that refreshes and invigorates and discard the dry bones and dust of the past. They all have something to offer of value. The real value however is what the individual is willing to invest in personal commitment to their own success. 2011 can be the year of illumination for many. Let the journey begin today.

Annette Lawrence
ReMax Realtec Group
Palm Harbor, FL
727. 420. 4041
... more
0 votes 2 answers Share Flag
Thu Nov 18, 2010
Heather Paul answered:
Feel free to contact us anytime. We specialize in short sales and foreclosure properties. We have worked with majority of the lenders in the industry.

Heather Paul
Coldwell Banker
424-625-1037
... more
0 votes 7 answers Share Flag
Tue Nov 9, 2010
David Chiles answered:
Thank you for your question about determining the lender in a short sale. A good local real estate agent should be able to get this information for you. RealtyTrac is a service that typically lists lender information for pre foreclosure properties. I suggest contacting an agent signed up with RealtyTrac because it would be very simple for them to find the information for you at no charge. ... more
0 votes 12 answers Share Flag
Tue Nov 9, 2010
Stephanie Clancy answered:
Donna...

I just dealt with this issue and almost lost a listing because another agent was "preying" on my seller's unrealistic expectations. I gave him a much lower comp on his house than the agent who was trying to buy the listing but after discussing it with the seller, he understood my comps were more in line with reality. I did get the listing, and we ended up listing for a bit higher than what I was comfortable with, but I voiced that concern and told him he was taking a risk by listing at the higher price. With all the concerns out on the table it was his decision to list at a higher price, so we're giving it a try against my better judgment which he is fully aware of. This listing goes live tomorrow.

Stephanie Clancy
The Cascade Team
Simply Outrageous Service! Not Outrageous Commissions!
... more
0 votes 11 answers Share Flag
Sat Oct 30, 2010
Suzanne MacDowell answered:
Depends on the listing. For rental listings it is stellar! For sale listings, I have also found it valuable. It may not always sell the exact listing as posted, but I have picked up numerous clients, especially tenants, from Craig's list. ... more
0 votes 8 answers Share Flag
Mon Jul 5, 2010
Shannon Jones answered:
I agree that Reply.com is terrible! Avoid them at all costs!
0 votes 9 answers Share Flag
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