The purchase of properties in Los Angeles by foreign nationals has seen a healthy growth lately and many may not be familiar with the mechanics. Hopefully the summary below will help shed light on what is really not such an overwhelming process.
Most foreign buyers are going to be all cash as it is difficult to get a loan. Should getting a loan be an option then a … Continue Reading …
Wouldn't it be lovely if we all had a crystal ball? We would know exactly the right time to buy and the right time to sell real estate. We would wait until the top of the market to sell our home or the bottom of the market to buy. Gauging the top or the bottom of the market is extremely difficult and we would all be millionaires if we had that skill.
So when is the right time? … Continue Reading …
Los Angeles real estate market reports are also available by area. But this one is broken down by selected zip codes.
If you would like information on the performance of other Los Angeles zip codes please don't hesitate to contact me.
90007, 90012, 90013
90014, 90015, … Continue Reading …
One topic ... one direction provided during the Mortgage Process that seems to baffle and frustrate my prospective home buyers during their Mortgage Process, surrounds the sourcing and documenting of Down Payment and Closing Cost Funds.
When I touch upon this portion of the Process I often hear the comment, "it shouldn't matter where the money comes from" from my Borrowers. There also seems to … Continue Reading …
Let's check in on Los Angeles real estate by a few neighborhoods and see how if did in the 3rd Qtr of 2014 as compared to the previous one.
The cities of Santa Monica, Beverly Hills, West Hollywood, and Culver City, as well as several other neighborhoods are covered separately.
Percentage difference is over the previous Quarter.
Los Angeles Single Family … Continue Reading …
How is the Westwood real estate market doing? Let's compare the 3rd Qtr performance against the 2nd Qtr.
Westwood single family home sales
Westwood condo sales
% … Continue Reading …
West Hollywood is one of the more affordable communities in Los Angeles. An incorporated city with a high Walk Score, West Hollywood has great dining, stores, galleries, and nightlife. West Hollywood continues to evolve and is a much sought after area for those who are looking for more of a neighborhood feel.
(The West Hollywood area on the MLS does include neighborhoods just around the … Continue Reading …
Inside Mortgage Finance News reported on October 28, 2014 ...
"Total mortgage-related complaints filed by borrowers with the Consumer Financial Protection Bureau fell again in the third quarter of 2014 – the fifth drop in the last six quarters, according to figures compiled by Inside the CFPB.
Data contained in the CFPB’s consumer complaint database show that such consumer gripes fell … Continue Reading …