The National Association of Realtors reports that older millennials, between the ages of 29-38, hold 26% of the home-buying real estate market share.
The second-largest group are the Gen Xers who hold 24% of the market share.
Woodland Hills "Hot Home"
The asking price for this Woodland Hills home is $1,175,000.
Cheapest townhouse to sell this week in Pasadena
100 Hurlbut St # 9, Pasadena 91105
Asking price: $700,000
Selling price: $705,000
The buyer purchased this unit using a conventional loan.
Best Burbank fixer on the market now
Burbank only has 30 single family homes for sale right now.
This is my favorite available fixer-upper home.
Asking price is $965,000 and it's been on the market for 2 days.
Last chance to tour this West Hills home
Multiple offers received!
Offer deadline is 1/22/20 at 2pm.
This is your last chance to check out the property!
Contact me directly to set up a showing appointment - 818-445-7953
Check the expiration date of your homes listing contract
If you’re selling your home, and you sign a listing contract with a real estate agent, be aware of the contract’s expiration date.
Memorize that date!
If your agent is not doing a good job selling your home, once that date passes, you are free to hire a new agent.
You will no longer be obligated to pay the old agent a penny in commission.
How do I send my deposit money to the escrow company?
I just saw on the news that a home buyer was scammed out of her entire deposit amount.
She received fake wiring instructions and had thought the instructions came directly from the escrow company.
She wired her deposit money over to the account on the fake instructions.
The thieves took the money and were never heard from again.
The buyer is now out the money she wired over and no longer has enough money to purchase a home.
She has to wait and save up more cash.
This is a terrible story and I am warning you now to always confirm that the wiring instructions are real.
This is very easy to do!
Once you get the wiring instructions emailed to you, call the escrow company and confirm over the phone that the account number that you are wiring to is in fact their real account.
Once confirmed, then you are safe to send the money.
Your 3% home purchase deposit is due in 3 days
When you buy a home, you have to put down a deposit.
Typically that deposit amount is 3% of the purchase price of the home.
Keep in mind that this 3% amount is not set in stone, but it is customary.
You can put any amount you want, however the seller will not think you are a serious buyer and probably won't accept your offer unless you put at least 3% for your deposit amount.
You have to send your deposit over to the escrow company to hold within 3 days of getting your offer accepted.
