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Home Buying in Santa Monica : Real Estate Advice

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  • Local Info26
  • Home Buying64
  • Home Selling13
  • Market Conditions3

Activity 51
Fri Apr 9, 2010
Michael Barron answered:
Hi there Jerati. My advice is to consult with a professional Realtor who works with short sales. They can be very rewarding for buyers but also can be very frustrating if you are not fully informed or educated

You need to be working hand in hand with a professional for such a transaction

If you are not working with an agent and would like to talk about some ideeas then let me know

Kind Regards
Michael Barron
Realtor/MBA/Short Sale Specialist
First Team Real Estate
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0 votes 3 answers Share Flag
Mon May 4, 2009
Eric H. Wong answered:
Yes, the Realtor can continue to market the property as long as it is clear that they are marketing for back up offers.
0 votes 3 answers Share Flag
Tue Nov 12, 2013
Mission Viejo Real Estate by Valorie Stover answered:
You can't change agents at this time but you can go over he/she's head . The broker of the company where your agent works is responsible and you can tell him what is going on.
0 votes 6 answers Share Flag
Fri Apr 27, 2012
David Chamberlain answered:
Then do it unrepresented and let the listing agent get the money. I don't know what benefit that would be to you but its your choice.

I am not in your area but would not help anyone who would want me to beg for their business. ... more
0 votes 14 answers Share Flag
Thu Mar 25, 2010
Monique and Joe Carrabba answered:
Hello Kflagg,

I have arranged to see it. I think it's a great deal so it might be smart to see it before the open house. Please give me a call at 323.899.2900 or email and I'd be happy to show you the home in West LA Sunday Morning.


Monique Carrabba
The Carrabba Group
Keller Williams Sunset
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0 votes 2 answers Share Flag
Wed Jan 14, 2009
Jonathan James answered:
Thu Aug 28, 2008
Kevin Keyser answered:
You may indeed be crazy... only a licensed psychiatrist or psychologist could tell you for sure. But as far as buying homes go, it is not crazy to offer 10% below list price. Not crazy at all. In fact, many sellers are building in some "breathing room" in their prices anyway, since a lot of buyers are offering below asking price. That does not mean they will agree to your offer. They might get higher offers. But you can always try. I would say you should take advantage of those benefits and buy a place that is within your budget. You will be building equity over time, and can take advantage of the many tax benefits of home ownership. If you were renting a place for 5 years at, let's say $4,000 a month, at the end you would have spent $240,000 on rent and what would you have to show for it? You would just be paying your landlord's mortgage while he or she builds equity. Plus with those benefits it seems like your company is really helping out. So don't be crazy...take advantage of those benefits. ... more
0 votes 3 answers Share Flag
Sun Aug 10, 2008
David Krecker answered:
Lori !!!!

Let me know which unit your interested in.

send me the address and as a agent and state licensed appraiser I'll tell you what its really worth, not what they are asking.....

I am willing to be the realtor of choice for you if you do not already have one. It is of no cost to you. You can send me an email and give me your contact information. I can email you homes in your price range and go from there.

I look forward to working with you. And, if you already have an agent, I wish you the best of luck in your home search!

David Krecker, BSBA, SRA, MRA
Centuryside Real Estate Inc.
David Krecker
Broker/Owner/State License Appraiser
Office 562-690-6987
Fax: 562-690-7337
Serving the areas of Orange County, Los Angeles County, San Bernardino, and Riverside.

... more
0 votes 2 answers Share Flag
Tue May 27, 2008
Frank Diaz answered:
Yes. You will have repeat costs for escrow though. Try to make an arrangement with escrow to get 1/2 of the one-time costs. They have to redo taxes, title, all the paperwork again, even if it's a month later.

Your financing will be a breeze, nice work! You may be surprised though, talk to a few lenders. If you have over 50% down, they can often close in a week or less. I know a few California lenders. Call or email if you need one.
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0 votes 9 answers Share Flag
Tue May 8, 2012
Ray Lyon answered:
I agree with you but prices have been picking up.Now being 2012. I looked at 4 properties on brokers caravan and they all were in multiple offers. It was priced at 2.1 million after they became more realistic and the CAP was 4.68% which is respectable in Santa Monica.

Ray Lyon
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0 votes 1 answer Share Flag
Mon May 26, 2008
Lawrence answered:
Hi Jan,

It might not be in the MLS, but here is the Trulia page for that property listing:
0 votes 4 answers Share Flag
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