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

Builders & Investors! Don't snooze on this Silicon Beach property with approved RTI permits!

For questions call/text the listing agent, Daniel Madariaga, at 818-445-7953. For more info visit CentinelaHome.com.

Attention Builders! This Silicon Beach property comes with fully approved RTI permits to build a 3-story duplex, with an attached ADU, all with an amazing rooftop deck.

Each unit has 3 bedrooms. Two units have 3 ½ baths, and one has 2 ½ baths. The plans also include an attached 1-car garage and 3 uncovered parking stalls.

Located close to Playa Vista, this property is just feet away from the Ballona Creek bike path, which takes you directly to the beach.

If you're looking to build three new units in Silicon Beach, all at a great value, this might be the property for you. RTI permits are available upon request.

This Spanish Revival is the most expensive home on the market this week in the Burbank Hills!

Most expensive home for sale this week in Burbank.

Asking price: $2,799,000

The Spanish Revival home has 5 bed/4 bath, 4,286 sq. ft. of living space, and is on a 15,455 sq. ft. lot.

The home features a remodeled kitchen, a wood-burning fireplace, and private balconies with views of Griffith Park and DTLA.

The property is on a flat, double lot, and there is an oversized saltwater pool, spa, mature landscaping, and fruit trees.

Text me if you want a tour at 818-445-7953.

“King of the Megamansion” Richard Landry buys a new home in La Cañada. New project?!

“King of the Megamansion” Architect Richard Landry buys La Cañada Flintridge estate.

Asking price: $10,995,500
Selling price: $10,000,000

This private estate has 6 bed/9 bath, 10,544 sq. ft. of living space, and is on a 58,261 sq. ft. lot.

Would you remodel this home?

Open House this Saturday!

Open House!

Saturday, August 27th

1:00 PM - 4:00 PM

4610 Densmore Ave #8

Encino, CA 91436

$579,995

2 Bed | 2 Bath | 1,092 Sq. Ft.

Why hasn't this Valley Village home sold yet? Is it the price, condition, or location?

This home has been on the market longer than any other home in Valley Village.

Original asking price: $6,498,000

Current asking price: $6,998,000

The gated 2-story home has 7 bed/5 bath, 7,500 sq. ft. of living space, and is on a 24,628 sq. ft. lot.

Maybe we can convince them to drop the price! Text me if you want a tour at 818-445-7953.

Townhome style condo for sale in Encino!

For a private tour call/text the listing agent, Daniel Madariaga, at 818-445-7953. For more info visit DensmoreCondo.com.

Located South of Ventura Boulevard, within the Lanai Road Elementary school district, on the same street with multi-million-dollar homes, you will find this move-in-ready 2-bedroom 2-bathroom townhome style condo.

This open floor plan home has a huge living room and a large dining area. The spacious kitchen has custom cabinets and stainless-steel appliances. Other features include a primary bedroom with an ensuite bathroom, in-unit washer and dryer, central AC and Heat, copper plumbing, balcony access, recessed lighting throughout, and no one living above you. The Smart home devices include a Nest thermostat and smart light switches. There is also a private assigned parking spot equipped with an electric vehicle charger.

The complex has a big pool, clubroom, and BBQ area. Pets are welcome, Earthquake insurance is included, and the building is FHA approved. Purchase this unit with as little as a 3.5% down payment.

So, if you are looking for a 2-bedroom condo, that’s located South of Ventura Boulevard, at a great value, this just might be the home for you.

Macaulay Culkin buys a new home in Toluca Lake from another famous actor. Find out who!

“Home Alone” star Macaulay Culkin and fiancée from “The Suite Life of Zack & Cody” Brenda Song just bought Kiefer Sutherland's Toluca Lake Estate.

Sold off market: $8,000,000

This 2-story home has 4,879 sq. ft. of living space and is on a 25,239 sq. ft. lot.

The home is protected by high walls and gates, has a cobblestone motor court, and 3 car garage.

The backyard has a large rectangular pool, sundeck, putting green, and an extensive terrace with a pergola and fireplace.

I need your referral help for the rest of 2022

It would mean the world to me if you referred me to a friend, co-worker, or neighbor that you think is getting ready to sell their property in 2022.

Text me anytime at 818-445-7953. Thanks!

Google search for 'Housing Market Crash' soars

When Newsweek viewed Google Trends data, it found that interest in the term "housing crash" was at its highest point in July compared to any other time on a graph that dated to January of 2004.

Interest was also significantly higher when compared to months in 2007 and 2008.

When the housing market crashed in 2008, it led to an economic crisis that became known as the Great Recession.

JUST SOLD this Santa Clarita Condo! Yours could be next!

JUST SOLD!

Represented sellers.

19855 Via Kalban

Newhall, CA 91321

Selling price: $745,000

3 Bed | 3.5 Bath

Congratulations to my sellers and thank you for trusting me to get the job done!

Actor Johnny Galecki has listed his Hollywood Hills home! Have a look!

‘The Big Bang Theory’ Star Johnny Galecki is selling his beautiful home in the Hollywood Hills.

Asking price: $11,900,000

This hidden Spanish compound has 6 bed/ 6 bath, 7,415 sq. ft. of living space, and is on a 24,416 sq. ft. lot.

There is a billiard and screening room in the main house, a 2-room guest house, and there is a hidden speakeasy pub on the property.

Outdoors there is an oversized mosaic tiled pool and spa with fountains and a firepit, along with an outdoor living room with a fireplace and grill.

Text me for more info at 818-445-7953.

Canyon Country Off Market Property - Text me ASAP for a tour!

For the general location, in Google maps, put in "Golden Valley Rd. and Oak Crest Dr."

This home has 3 bed/3 bath, over 2,500 sq. ft. of living space, and a 7,500 sq. ft. lot.

The home features, high ceilings, lots of natural light, a massive kitchen island, and the den can be converted into a 4th bedroom.

Text me for more info at 818-445-7953.

Finally! I have an off market property available in Saugus... don't miss out!

For the general location, in Google maps, put in "Golden Valley Rd. and Plum Canyon Rd."

This 2-story home has 5 bed/3 bath, over 2,300 sq. ft. of living space, and is on a 5,640 sq. ft. lot.

The home features an open concept floor plan, a large kitchen island with bar seating, a loft space at the top of the stairs, and a spacious ensuite primary bedroom.

The landscaped backyard has a covered patio, and the solar panels are paid off.

Text me for more info at 818-445-7953.

Mortgage rates drop below 5% for the first time in 4 months

How long will this last?!?

The 30-year fixed-rate mortgage dipped below 5% for the first time in nearly 4 months averaging 4.99% for the week ending August 4.

Supply constraints and a tight labor market will likely push rates back up, especially since the Fed is determined to bring inflation down even at a cost of a slight economic downturn.

Source: California Association of Realtors