Bret Michaels sells Calabasas home, making a profitable deal.
Selling price: $6,250,000
This 2-story home has 5 bed/8 bath, 5,950 sq. ft. of living space, and is on a 23,506 sq. ft. lot.
L.A. real estate news and insights.
Bret Michaels sells Calabasas home, making a profitable deal.
Selling price: $6,250,000
This 2-story home has 5 bed/8 bath, 5,950 sq. ft. of living space, and is on a 23,506 sq. ft. lot.
This is the most unique condo for sale in Pasadena.
Asking price: $499,000
This condo has 0 bed/1 bath and has 561 sq. ft. of living space.
The Castle Green was built in 1898 and is a fully restored condominium complex, included in the National Register of Historic Places, and enjoys Mills Act status.
It is a popular venue for special events, like weddings, photoshoots, filming, etc. It can be seen in TV shows and movies like Alias, Buffy the Vampire Slayer, and The Little Rascals.
Text me for more info at 818-445-7953.
Here is the cheapest home sold this week in North Hills.
Asking price: $749,950
Selling price: $700,000
This home has 3 bed/2 bath, 1,296 sq. ft. of living space, and is on a 7,320 sq. ft. lot.
The corner property features wood flooring throughout, new paint, recessed lighting, dual pane windows, and an updated kitchen.
This is the most expensive home for sale this week in Burbank.
Asking price: $1,749,900
This reimagined modern farmhouse has 4 bed/3 bath, 2,391 sq. ft. of living space, and is on a 7,140 sq. ft. lot.
The home features oak flooring, a custom installed fireplace in the great room, and stainless steel appliances in the kitchen.
The garage is converted into a studio, and there is a patio and grass in the backyard.
Text me if you want a tour at 818-445-7953.
Would you be willing to live on a busy street to get a remodeled home?
Here is the cheapest home sold this week in North Hollywood.
Asking price: $775,000
Selling price: $750,000
The home and ADU have a total of 3 beds/3 baths, 1,406 sq. ft. of living space, and is on a 5,087 sq. ft. lot.
This updated home features stainless steel appliances in the kitchen, a stackable washer/ dryer and there is a big deck in the backyard.
The Los Angeles housing market has been so strong that the 5,531 contracts signed in May were a slight drop-off from the previous two months.
There were 4,023 single-family homes that went into contract countywide last month and 1,508 condos. Source: appraisal firm Miller Samuel
You want to keep your finances exactly how they are at the time your lender pre-approves you for a home loan.
Don't do anything financially out of the norm for you.
Don't buy a new car.
Don't go on any lavish trips.
Don't buy a #Rolex.
Keep paying your bills, keep making your car payments, keep buying food at the market.
After reviewing the buyer's purchase agreement, you will most likely find that the buyer's purchase contingencies will all be removed by day 21 of the escrow period.
After all, contingencies are removed, it is fairly safe to start moving out.
I say fairly safe because a buyer could still back out of the deal after their contingencies are removed.
Most buyers don't do that because if the contingencies are removed, you as the seller can go after the buyer's deposit.
The buyer's deposit is usually 3% of the purchase price.
So if the home is $1,000,000 the deposit is $30,000.
Most buyers would continue with the purchase rather than lose $30K... but you never know.
In my opinion, it's reasonably safe to start moving out once all contingencies are removed.