L.A. real estate news and insights.
Frank Sinatra’s former Chatsworth estate gets a price drop!
Asking price: $8,995,000
This home has 4 bed/7 bath, 6,661 sq. ft. of living space, and is on nearly 4 acres.
The property features floor-to-ceiling glass walls, breathtaking views, a lounge terrace, a pergola, and a 50-foot pool.
Text me for a tour at 818-445-7953.
If you don't put your home in a Trust, and you die, the home goes to Probate... in other words the state takes over your home instead of your family.
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You don't want that, right?
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A trust will cost you about $900 to set up, but will save your family thousands and thousands and thousands of dollars by avoiding the lawyers they would have to get when dealing with a probate.
If I have brought you any value through my content, please take the time to give my your thoughts. Insights@ContempoRealtors.com
Thank you!
When a buyer is considering putting an offer in on your home, the buyers agent will first check your home's public tax records.
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If they see the square footage on the tax records show your home is 2000 sq ft, but you know for a fact that its 2500 sq ft, this creates a problem.
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They will believe the tax records over you.
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Therefore, they offer they submit will be based off of 2000 sq ft. And that means less money for you.
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Lets avoid that!
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Get your records changed before you even put it on the market.
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I can set you up with an assessor who will come and fix your tax records... for free... just ask!
If your home buyer is not releasing one of their contingencies, send them a notice to perform.
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The notice says that if they don't release their contingency then you will be forced to cancel escrow and find another buyer for the home.
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That will get their attention!
I promise you that our 72 Hour Home Selling Program is unlike any selling strategy you have ever seen.
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If you are ready to sell your home, give us a chance to show you what we will do to get you top dollar... fast!
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Let’s talk! 818-445-7953 or Daniel@ContempoRealtors.com
You can put down less money if purchasing in a less desirable area.
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But if you want to live in a hot part of town, you better put down AT LEAST 10%.
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Keep in mind 20% is just average.
Focus on housing inventory levels, not what time of year it is.
Keep your utilities on until all of your home buyers contingencies are removed.
Back in 2012 almost every sale was a bank owned sale or a short sale.
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Both are now almost completely gone.
Show up at you condo board meetings and demand to get you condo complex FHA approved immediately.
That way when you sell your condo, you will be able to accept offers from FHA buyers.
Opening up your condo to all buyers means top dollar for you!
I can point you in the right direction as to which FHA approval companies you should be using.
"DOM" stands for "Days On Market".
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Agents put in the incorrect dates all the time.
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Putting in the wrong date can cause your listing to appear like it's been on the market a long time.
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When you are selling, you want to avoid that at all costs.
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If you are a brand new listing, you want it to say "0 DOM".
The best way to handle multiple offers is to ask the buyers for their best and final offer.
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That way when your review your offers you know where everyone stands and don't have to wonder if you are leaving any money on the table.
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See the full answer on The #AskDanielLosAngeles Show - Facebook.com/DanielLosAngelesShow
The buyer needs the appraisal to get their loan, therefore, the buyer usually pays.
The appraisal report will cost the buyer somewhere between $350-$450. That is part of the closing costs that the buyer pays.
Don't be known around town as the "rookie home buyer".
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Get your pre-approval letter now BEFORE you start shopping for a home.
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You will save yourself a lot of frustration and time.
