L.A. real estate news and insights.
Sofia Vergara & Joe Manganiello relist Beverly Hills estate at an EVEN lower price.
This Italian-style villa has 7 bed/11 bath, 11,369 sq. ft. of living space, and is on a 26,026 sq. ft. lot.
Asking price: $15,950,000
Text me if you want a tour: 818-445-7953.
Is Camila Cabello finally moving to Havana? Her Villa in the Hollywood Hills above the Sunset Strip is up for sale!
Asking price: $3.95 million
This Mediterranean Revival has 4 bed/4 bath, 3,570 sq. ft. of living space, and is on a 6,320 sq. ft. lot.
The home features a private courtyard, a split-level open floor plan, and a gourmet kitchen.
Outside there is a saltwater pool, al fresco dining, fire pit, fireplace, newly built BBQ, and an attached 2 car garage.
Text me if you want a tour at 818-445-7953.
☠️Beware the Mello-Roos tax☠️
On this episode, I answer the following 4 real estate questions:
1) I noticed some listings say there is a Mello-Roos tax. What's that?
2) On some real estate websites there are listings that get tagged as a "hot home". How can I get my property to show up as a "hot home"?
3) I'm thinking about selling my condo soon. What are some of the must have's for a buyer?
4) I got a voicemail from someone saying that they want to buy my house for top dollar. Is this a scam?
Have a real estate question you want answered on the show? Email the question to Daniel@ContempoRealtors.com
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.
.
You don't want that, right?
.
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.
It's been 2 weeks. You have had a ton of showings, but no offers.... what's going on?
.
The good news is that your marketing is working. Buyers are walking in your front door (lets not minimize how difficult this task is).
.
The bad news is that by not putting in a offer, the buyers are telling you non verbally that your asking price is to high.
.
In other words, whatever you are offering is not worth your asking price, so they simply pass on it.
.
If you are in this situation, it's time to reevaluate your pricing strategy.
Would you ever buy a Tudor home?
Here is one of my favorite Tudor homes to sell this week in Glendale, CA.
When a buyer is considering putting an offer in on your home, the buyers agent will first check your home's public tax records.
.
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.
.
They will believe the tax records over you.
.
Therefore, they offer they submit will be based off of 2000 sq ft. And that means less money for you.
.
Lets avoid that!
.
Get your records changed before you even put it on the market.
.
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.
.
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.
.
That will get their attention!
Without your help, our real estate business would be dead.
— Thank you for telling your friends and family about our real estate services.
— It means the world to us that you have been sharing our message with homeowners who are ready to make a move.
— Call or text any time to discuss your real estate needs 818-445-7953
If the buyer is not releasing one of their purchase contingencies, your agent has to send the buyer a notice to perform.
.
If the buyer still does not respond to your notice, have your agent send a escrow cancellation form.
.
At that point, the buyer either responds or you have to cancel escrow and find another buyer.
In this episode of The #AskDanielLosAngeles Show, I answer the following questions:
1) What are the ways a seller can back out of a deal?
2) What do home designers do?
3) Do I have to tell the person who is buying my home that there is a registered sex offender living in my neighborhood?
4) What kind of info has been made public about my house?
Get more answers to your real estate questions on Facebook: Facebook.com/TheDanielLosAngeles
In order to succeed, we have to look at the listings that failed.
Only 1 out of these 34 expired listings had a marketing video.
If the homeowner had a video for their home, they may have brought more attention to their listing and eventually sell... maybe not... but at least the homeowner could say they tried as hard as possible.
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.
-
Both are now almost completely gone.
