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Echo Park : Real Estate Advice

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  • Local Info2
  • Home Buying2
  • Home Selling2
  • Market Conditions0

Activity 7
Mon Aug 3, 2015
Sam Andress answered:
Mike, sites like Trulia should get the updates eventually from the public record. Or when you list to sell, you Realtor will update on the MLS listing based on the public record and that will be fed to trulia and other sites.

If you are looking to buy or sell in the future, I am happy to share with you my services.

Sam Andress, Realtor
CalBRE Lic. #01979536
Huntington Group - A Full Service Rea Estate and Mortgage Company
305 Pasadena Avenue
South Pasadena, CA 91030
www.huntingtongroupsam.com
sam@huntingtongroup.com
... more
0 votes 1 answer Share Flag
Sat Sep 7, 2013
Brad Korb answered:
For a quick view of what is going on you can look on Zillow.com ,Good Luck !
0 votes 9 answers Share Flag
Wed Apr 25, 2012
Judith Gottesfeld answered:
Hi Karen,

Save your time and money. Any appraisal you obtain on your own will be of no value to your lender doing the refinance. Start your refinance process by contacting a lender of your choice.

Feel free to shop around but be sure to go beyond asking for the rate and points! Ask about the other fees because they do add up. Don't be afraid to negotiate.

Good luck,
Judith Gottesfeld
Gibson International
310.622.7441
... more
0 votes 11 answers Share Flag
Fri Nov 20, 2009
Deborah Bremner answered:
I just wrote a blog about this very question. (http://tinyurl.com/yc5pdnt) If you need to sell in 2010, you should consider several impending factors that will affect the marketplace. Here is what I’m advising my clients. Interest rates are at record lows. If, as predicted, they rise after the first of the year, then buying power decreases, and your home also decreases in value. Right now, because we have demand in excess of supply, we have a short term seller’s market. While prices may not have risen, there is still the opportunity to find a well qualified buyer, and obtain terms that are favorable to you as a seller. There is a raft of “shadow inventory” coming on the market in the first quarter of 2010. This inventory will be your direct competition. The advantage to you? A bank- owned home rarely shows as warmly, as cared for, as an owner occupied home. You have time, now, in the month of December, to get a jump on the market. Prepare to market your home now, and be ahead of the competition.
So your question really should be: "Should I sell my home now, or list it now and prepare to market it on January 1?"
Deborah Bremner
REALTOR
Certified Short Sale Professional
Coldwell Banker Brentwood West
11999 San Vicente Blvd. Suite 100
Los Angeles, CA 90049
(D) 310.571.1364
(C) 310.422.4288
(F) 310.820.1457
www.TheBremnerGroup.com
debbiebremner@themls.com
Blogging at: http://TheBremnerGroup.com/blog
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0 votes 7 answers Share Flag
Tue Nov 3, 2009
Jamie Adner answered:
S,

In the absence of specific details (as the other writers pointed out), it's difficult to value your property. I'll give general guidelines of $450,000 - $550,000 depending on condition, site, views, etc.

During the boom, values in all neighborhoods rose in lockstep. You saw the same appreciation in Silver Lake as you did in Echo Park (Angelino Heights). Echo Park prices have come down significantly, while Silver Lake prices have held firm.

In my opinion, in the long term, as Downtown gains a critical mass, you can expect price appreciation in the Angelino Heights market. In the near terms (2 - 3 years), the outlook is more murky (so much depends on the recovery of the US - California economy).

Jamie
--
Jamie Adner / Broker Associate
Adner Realty Group, Inc. at
Keller Williams Realty Hollywood Hills
tel: (323) 819-2240
email: jadner@kw.com
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0 votes 4 answers Share Flag
Fri Jun 12, 2009
Yanni Raz answered:
It will not be easy to get a construction loan these days from any bank specialy for manufactured home.
You could go hard money, but it will still be hard to get a hard money investor to help you there unless you have very strong income, assets and equity in the property.
To purchase a vecant land you will need to put more then 20% down at least.

I hope you can find the right broker for that, if you want me to refer you some hard money lenders I will.

Good Luck.
... more
0 votes 1 answer Share Flag
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