escrow

Unleash your property's potential: Elevate your sale with a multi-offer specialist!

I'm available at 818-445-7953.

Take a peek at JLo & Ben Affleck's soon-to-be new home! Must be nice!

Jennifer Lopez and Ben Affleck reportedly open escrow on this beautiful Bel Air Estate.

Asking price: $65,000,000

The home has 10 bed/17 bath, 19,721 sq. ft. of living space, and is on a 52,052 sq. ft. lot.

"The Bellagio Estate" features a movie theater, wine cellar, and a full basement level that has a media room, gym, and private “security suite” for a full-time bodyguard.

Have You Heard? Actor Walton Goggin's 1920's Hollywood Hills home is up for sale!

Actor Walton Goggins lists his 1920’s Hollywood Hills home.

The asking price is $3,350,000.

This Art Deco-style home has 5 bed/3 baths, 3,240 sq. ft. of living space, and is on a 7,557 sq. ft. lot.

The property features an oversized wood-burning fireplace in the living room, an eat-in cook’s kitchen, a private backyard with two outdoor dining areas, a fire pit, and a pool.

The home is currently in escrow, but they are accepting backup offers.

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

Burbank had 73 property sales for the month of September.

There were 63 property sales in Burbank for September 2019.

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Keep your home in the same condition throughout escrow

When selling your home, the purchase contract says that throughout the escrow process, the home has to be "maintained in substantially the same condition as on the date of acceptance.”

That means whatever condition the home was in at the time the buyer’s offer was accepted, good or bad, is how the home should stay throughout escrow and is how the property should be delivered to the buyer.

There is no need to go above and beyond when it comes to cleaning the home before moving out.

Although getting the home professionally cleaned before vacating is a nice gesture to the buyer, simply keeping it in the same condition that it was in when the home went into escrow is good enough

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Home title recordings occur between 8am - 6pm.

You still own your home up until the second that the county recorder's office officially records the title transfer of your home to the buyer of your property.

In other words, the ownership of the property has officially transferred from you, the owner of the home, to the new owner, the buyer of your home.

On the day you are scheduled to close escrow, recording can take place any time from 8am-6pm.

Until you get that phone call confirming recording, you are still the owner of that home and are responsible for anything that takes place at that property.

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4 major events occur within 5 days of selling your home.

1) The buyer has to do a final walkthrough of your home. This is to make sure the home is in the same condition that it was in when they initially put in a offer.

2) Buyer signs their loan docs. This means they are officially signing up for a mortgage.

3) The lender will fund the loan the next day. Funding the loan means the lender wires over the money the buyer is borrowing to the escrow company.

4) They day after that, the recording takes place. That means title has officially changed hands and you no longer own the home... it's officially sold!

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Episode 28 of The #AskDanielLosAngeles Show

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

1) Do you think home prices have gone up in value so far in 2019?

2) What should I expect to happen as I get closer to closing escrow on our home?

3) We are in the middle of buying a house right now. When does the title get transferred over to us and we officially become the owners of the home?

4) Once we close escrow, when do we turn over possession of my home to the buyer?

We have over 20,000 followers on Instagram... join us!

Most expensive home to sell this week in Studio City

Original asking price: $4,750,000
Sold price: $4,250,000
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After being on the market for only 25 days, the owner of this #StudioCity home decided to accept a offer that was $500,000 below asking price.
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Do you think the owner was too quick to accept such a low offer... or should the owner have kept the home on the market a little longer in hopes of getting more money?
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Comment "accept" or "wait".

3 years' search for this Glendale home

The buyers of this #Glendale home had been searching for a property for 3 years.
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Their agent put in several offers on their behalf, but they could not get the job done.
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My past client and friend referred them over to me. The buyers came by my office in the morning for my "Buyer Orientation" meeting.
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This is where I take them through the entire purchase process, from beginning to end. 
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In the afternoon I showed them 3 properties. They fell in love with one and immediately decided to put in an offer. 
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After a little negotiating with the seller, my clients got the home for $1,075,000. The sellers original asking price was $1,250,000.
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3 years of searching with another agent... and in 1 day I found them their home.
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I hate to toot my own horn... but... TOOT TOOT!

Most expensive home to sell in Burbank this week

Original asking price: $2,399,000
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Sold price: $1,800,000
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Is a backyard important to you?
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This #Burbank home does not have much of a backyard and still demanded the million dollar price tag.
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If a small yard is a dealbreaker for you, comment below "dealbreaker".

Episode 18 of The #AskDanielLosAngeles Show

On this episode, I answer the following 4 real estate questions:

1) What is a Seller Property Questionnaire?

2) How come Justin Timberlake can't sell his condo?

3) Do smoke detectors need to be hard wired in or is battery operated good enough?

4) What's a counter offer?

We have over 13,500 followers on Instagram... come join us! @DanielLosAngeles

Will real estate agents assist with finding rental properties?

Some agents will help you find a rental unit, but 95% will not.

Your credit score can be raised by fixing any errors your creditors have made on your credit report

5 STEPS TO A BETTER CREDIT SCORE
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Step 1) 🤓Order your credit report
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Step 2) 🤔Look for any mistakes a creditor has made. For example, does your credit report show that you still have a old outstanding bill with Nordstrom for $142? Do you remember paying off this bill and you have a receipt to prove it? Good!
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Step 3) 😫Call your creditor tell them you paid that bill and that you can send them proof.
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Step 4) 🤔Wait 6 months and order another report. Does this new report reflect all the corrections you made with your creditors? Good! You should also see your improved credit score. I have seen some peoples score go up 100 point just off of this tactic. 
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Step 5) 🤗Enjoy your higher credit score and send @DanielLosAngeles a delicious #keto friendly dessert.

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First step to building a rental unit on your property

Want to build a rental unit on your lot?

You can... if your lot is zoned correctly.

Check the zoning for any lot! Email me a address, and I will email you back the tax records for that property. Daniel@ContempoRealtors.com