realestate2020

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.

Home sellers may require a 2 step loan pre-approval

Even though you are already approved for a loan, the listing agent for the home you are interested in may require you to go through the loan pre-approval process again, this time with their lender.

Listing agents often do this because they don't know your lender and want to make sure you truly can qualify for a loan.

The seller doesn't want to find out 3 weeks into escrow that you can't get a loan.

I personally do this 2 step approval process for all of my listings.

You would be surprised to see how many buyers don't pass the second approval process.

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22500 Gilmore Street - Just Sold!

With a full-on marketing blitz on Instagram, Facebook, Tik Tok, Zillow, Redfin, Trulia, Realtor.com, Etc... my 22500 Gilmore listing received over 13,000 online views.

Our mega open house had about 65 people waiting in the street to get in to see the home.

After receiving 7 impressive offers, the sellers ended up going with an all-cash buyer.

The home sold for $101,501 over the asking price!

If you know someone who needs to sell their home, please share this with them and tell them I am available to help.

Thanks!

Can I use an alias when purchasing a property?

Name your trust whatever you want... Banana Trust... #LakeShow Trust... whatever you can think of.

Then when it comes time to buy a property, purchase the home under the trust name.

By doing that, the owner on record will show up as the name of your trust, and not your legal name.

This works if you want to buy under your LLC name as well.

In escrow

Back up offers welcomed.

GilmoreStreet.com

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My favorite Studio City home that's currently for sale

Asking price: $7,500,000

It's been on the market now for 53 days... I bet there will be a price reduction soon!

Once they hit the 60 days on market milestone, I'm guessing the price will drop down to $6,999,999.

What do you think they should reduce the price down to?

Most expensive home to sell this week in Burbank

2221 W. Clark Ave Burbank, CA 91506

Original List Price: $1,390,000
Sold Price: $1,099,999

This Magnolia Park home is the most expensive home to sell this week in Burbank.

3 bed, 1 bath, pool/ spa – detached guest home has 1 bed, 1 bath.

Do you think this was a good investment?

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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West Hills Listing

This West Hills listing has been viewed 10,238 times online.

Redfin gave it a "Hot Home" status.

This is literally the best deal in the valley.

WARNING! only 1 showing for this property.

Call/Text Daniel for the 1 showing time - 818-445-7953

Check out www.GilmoreStreet.com for the property video.

Just Listed in West Hills

Just Listed! www.GilmoreStreet.com for more info.

WARNING! Only 1 showing for this property.Call/text the listing agent for details: DANIEL MADARIAGA (818) 445-7953

We’re here at 22500 Gilmore Street in West Hills. The neighborhood is exceptionally peaceful and quiet, yet we are just minutes away from the Westfield Topanga & The Village. That’s where you’ll find everyone hanging out at the upscale shops and restaurants. It’s a really fun neighborhood to be in.

Not only are we surrounded by great charter schools, but the home sits on a giant 17,685 sq. ft. lot… and it’s all flat! There’s a heated swimming pool & spa, basketball court, and tons of land if you ever wanted to add on to the home.

The house is beautiful and completely move-in ready. It’s very clean, very bright, and there are 2,846 square feet of living space… plenty of room for the entire family. Oak hardwood flooring throughout. The chef’s kitchen, with professional-grade stainless steel appliances, and island, is perfect for preparing big meals. The master bedroom is spacious and the master bathroom is awesome! There’s a soaking tub, stand up shower, sinks on opposite ends, and a large walk-in closet.

So if you’re looking for a move-in ready large home, on a giant flat lot, all at a great value, this just might be the home for you.

Coming soon to West Hills

Check out my new listing at:

22500 Gilmore St.
West Hills, CA 91307

Property Features:
• 3 Bedrooms
• 4 Bathrooms
• Living SQ.FT - 2,846
• Lot SQ.FT - 17,685
• Swimming Pool
• Basketball Court

Text me at 818-445-7955 for pricing information.

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How can I raise my credit score?

Do this strategy if your lender runs your credit and says your credit score is too low to get a home loan.

Here's how you can raise your credit score...

One way to raise your credit score is to fix any incorrect delinquencies you see on your credit report.

After you get a copy of your credit report in hand, scan the report for any mistakes.

You may see a certain bill that you paid off 5 years ago is still showing up on your credit report as delinquent and not paid off.

Call that company up and tell them that you already paid that bill 5 years ago and that you want them to report back to all 3 credit bureaus that the bill has been paid off in full.

Be prepared to provide them proof that you paid off that bill if they dispute they received payment.

Do that same procedure for every single incorrect delinquency that has been reported.

Yes, this is a huge pain, but once done you will see your credit score improve over time.

My client did this exact process and raised their credit score about 100 points in 6 months.

Best of all, it's free! But it takes time.

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HGTV wants you

HGTV reached out to me... they are casting for a show where a buyer of a property is then planning on gifting that property to someone else.

If this sounds like something you are interested in being a part of, contact me and I’ll set you up with the casting director.