RealEstateTips

I'm thankful for all my friends & clients

Let's Eat!

For the 3rd year in a row, I gave all my friends and clients pies for Thanksgiving!

Didn't get invited?

Sign up to receive the latest news and insights from me and you will get on the list for next year!

Happy Thanksgiving!

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This MASSIVE Hidden Hills home was the most expensive property to sell this week

This is one of the best pools I have ever seen!

Here is the most expensive home to sell this week in Hidden Hills.

Asking Price: $12,850,000
Selling Price: $10,768,888

This newly constructed home has 12,310 square feet of living space and it's on a massive 189,976 square foot lot.

Fall in love with Burbank's most expensive price per sq. ft. home to hit the market this week

Here is this week's most expensive home on the market in Burbank per square foot. Price per Sq. Ft. is $669.57.

•Asking price for the home is $2,150,000
•3,211 sq. ft of living space
•9,359 sq. ft. for the lot
•Detached ADU includes living/kitchen, bedroom, full bath, and laundry

Want a private tour? Text me at 818-445-7953.

27% of home shoppers are looking for affordability, less dense areas

According to a recent survey conducted by Redfin, a record high of 27 percent of home shoppers are searching for homes in different metro areas.

They are looking to relocate to a more affordable, less dense areas.

I'm sure this trend has a lot to do with people now seeing working from home as a viable option.

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Check out the cheapest price per Sq. Ft. condo just listed in Covina

101 Henry Dr. Covina, CA 91722.

Price per Square Foot. - $292.50.

This is one of two units available for this uniquely designed floor plan.

Do you like the brick exterior?

Most expensive home to sell this week in Burbank - is it worth the price?

Here is the most expensive home to hit the market this week in Burbank.

The asking price is $1,199,000.

The property is close to the Magnolia Park area and has 2,284 sq. ft. of living space.

The lot is 6,747 sq ft.

Do you like the master bathroom?

You can NOW tour this Valley Village "Hot Home"

This beautiful Valley Village home is for sale at $1,425,000.

It has been deemed a "hot home", which means a lot of people are viewing this home online and marking it as one of the "favorites".

It will sell quickly.

Text me if you want a private tour at 818-445-7953.

Find out why this was the MOST expensive home to sell this week in LA

Asking price: $38,500,000

Sold price: $25,000,000

Tune in to hear my most difficult real estate transaction to date... it's not what you'd expect

It's very important to work with a lender that you trust AND has good communication skills.

During escrow, questions and issues will come up.

Your lender needs to be on top of things, resolve problems quickly, and communicate well so that escrow is as easy as possible for everyone involved.

Home buyers are required to sign a PEAD-V Form before touring a home

PEAD-V (Coronavirus Property Entry Advisory and Declaration - Visitor) forms are now required to be signed by anyone entering into a home that is on the market.

The form basically says the visitor does not have the coronavirus and that the visitor understands the health risks involved when entering into the for sale property.

Homeowners, in order to avoid a lawsuit, you want to make sure everyone who is going to tour your home signs this form before setting one foot on to your property.

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Most expensive home to sell this week in LA

Original List Price: $22,500,000
Sold Price: $13,000,000

Breaking News! As of today, you can now rent this home for $42,000 a month.

20% of homes sold were purchased with cash

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Don't buy any big items while in escrow

While you are in escrow to buy a home, you are going to be tempted to start buying things for your new property.

Don't do it!

Right before you are scheduled to close escrow, your lender is going to rerun your credit, look at how much debt you have, and look at your overall financial situation.

Buying big-ticket items like a new washer and dryer or stove and putting that purchase on a credit card could stop you from getting a loan.

You want to be careful with that because your lender will take into account your "debt to income ratio".

If your debt amount starts climbing up, that’s a red flag to the lender and they may deny your loan.

All big-ticket items need to be purchased AFTER you close escrow.

Once the deal is done it doesn't matter how much debt you rack up... it will not affect your home loan.

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Episode 32 of The #AskDanielLosAngeles Show

On this episode, I answer the following four real estate questions:

1) When applying for a mortgage, I've heard that applying for other types of credit before the mortgage is finalized can hurt your credit. Is this true?

2) We are already in escrow to sell my home, but I'm now having second thoughts on selling. How can I back out of the deal?

3) I recently went to get pre-approved for a home loan. The lender said he can't get me a loan because my credit score is too low. How can I raise my score?

4) My agent is having a hard time selling my home. I just don't think he is the right person for the job. What is the process to fire him?

We have almost 20,000 followers on Instagram... join us! @DanielLosAngeles

This weeks cheapest home to sell in Sherman Oaks

This 2 bedroom, 2 bath corner lot home was the cheapest home to sell this week in Sherman Oaks.

The home is 1,554 sq ft has hardwood floors, brick fireplace, and galley kitchen.

Do you think this was a good deal?