This tiny home sold for how much?!?
This Craftsman Bungalow in West Hollywood has 1 bed/1 bath, 565 sq. ft. of living space, and is on a 2,240 sq. ft. lot.
TINY home, BIG price: Take a peek at the price tag for this WEHO property!
Here is the smallest home for sale this week in West Hollywood.
This Craftsman Bungalow has 1 bed/ 1 bath,565 sq. ft. of living space, and is on a 2,240 sq. ft. lot.
The property features privacy fencing, a wrap-around deck, a fire pit, and a lounge area.
Asking price: $1,160,000
Text me for more info at 818-445-7953.
Can you guess how much this super small home sold for this week in LA?
This is the smallest home sold this week in Los Angeles.
Asking price: $620,000
Selling price: $725,000
Survey: 94% of Sellers Don’t Disclose Property Defects
In a recent small survey, more than 90% of homebuyers say they found at least one issue with their home after the transaction that the seller didn’t disclose, according to a new survey from Cinch Home Services, a home warranty company. Even more alarming is that 94% of sellers admit to selling their homes without disclosing a known issue.
The top three problems buyers discovered after closing involved the electrical system, fixtures, and plumbing. The survey shows the majority came from unpermitted repairs and upgrades.
Source: Survey of 494 homebuyers and 476 sellers within the last year conducted by Cinch Home Services
Can I extend my escrow inspection period?
You can ask the seller to extend all of your contingencies.... but they might not grant you your wish.
Check Zillow to make sure your home's listing is showing up
After your listing gets put on the MLS, it can take up to 24 hours to appear on Zillow.
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Constantly check Zillow to make sure it got on there.
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You will not get top dollar for your home if the Zillow audience is unaware your home is for sale.
Don't make your home sale contingent upon you finding a replacement property
Do a rent back agreement instead.
By doing that you can continue living at your home after the sale.
You then can search for your new home while still living at your old home.
Can I sell my property with a un-permitted structure?
If you don't disclose that you do not have permits for the structure in question, you will most likely get sued.
Get more answers to your real estate questions on The#AskDanielLosAngeles Show on my Facebook pageFacebook.com/TheDanielLosAngeles
The city could make you tear down your un-permitted structure
If you rent out your un-permitted structure, and your renters constantly have crazy parties, then you will have a problem.
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The city will eventually catch wind of this and start asking questions about your structure.
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Worse case scenario, they make you tear down the entire un-permitted structure.
Episode 4 of The #AskDanielLosAngeles Show
In this episode of The #AskDanielLosAngeles Show, I answer the following questions:
-If I put my house on the market, do I have to sell it if I get an offer?
-How does my mortgage get paid off when I sell my home?
-What is a short sale?
-What is the first step I should take when selling my home?
Get more answers to your real estate questions at Facebook.com/DanielLosAngelesShow
Thank you for your attention.