My Real Estate Business This Week

We work with what we have and for me this can mean so many things.  Today I have an opportunity to share an insight into my real estate business…

 

We are in the midst of challenging times for marketing properties, so I have decided to use this platform to tell you a little bit about the homes I am featuring for sale or lease.

 

 

10326 ALMAYO AVE. #204 – CENTURY CITY/RANCHO PARK

 New Lease Listing – $2600 MONTH

 

Wonderful updated 2 bedroom condo – adjacent to Century City, Rancho Park, Centrally located to reach all of the Westside, close to transportation, restaurants, Park, shopping, not to mention Beverly Hills, Westwood…etc! Check out the virtual tour & photos

 

6000 CANTERBURY #D314 - CULVER CITY 

We have an accepted offer, and getting ready to close escrow!!

 

$284,000 – Upgraded 1 bedroom condo, top floor with tree top views; Remodeled with appliances, bamboo floors, recessed lights, fixtures, and more.  The seller’s have many reasons they’ve been happy at the Pines. They are now ready to move on and will consider all offers.  Click here for photos/virtual tour

 

 

125 S. ELM DRIVE  #201, BEVERLY HILLS LEASE 

$3,400 Monthly Rent -  Long Term preferred

 

Nothing like it at this price!  Best Beverly Hills location - just south of Wilshire and within a few blocks Beverly Drive, Rodeo Drive – the best of upscale shopping, restaurants, etc. Elegant 2 bedroom + den condo, in small building, beautifully  renovated in 2008. Gourmet kitchen, plantation shutters throughout, crown moldings and so much more. Everything is like new! Click here for photos/virtual tour

 

If you or someone you know would like more information about any of these properties, contact me. 

 I appreciate your loyalty & referrals.

Thank you for letting me share what I have & what I am working on today

 

 

 

 

Have A wonderful Holiday Season

It’s hard to believe the Winter Holidays are here, which means the New Year “2009” is right around the corner.  The year 2008 will long be remembered in History Books as a year of challenges!

 

If you have the cash and the strong credit rating – this is the real estate market for you.  Loans up to $625,000 are definitely more accessible than the Jumbo’s, however, Jumbo loans are out there. It just takes a professional with the expertise in arranging and placing loans to guide you through the process.  Please seek advice from a professional loan/mortgage broker.  Contact me for recommendations of long time trusted individuals who do just that!

 

There is no shortage in the number of homes & condos for sale…so you now have an opportunity to make a pretty good deal on an investment for the future.  Some areas have many foreclosures and/or short sales, and yet there are other areas with very few…time will tell.  We just have to watch the real estate market as it continues its adjustment.

 

And that’s exactly what I do and have done for over 25 years, actively selling properties for my clients for their personal use and investments, and helping them to buy the home or investment of their dreams. 

 

My Office is in Brentwood/West Los Angeles and I live in the Sherman Oaks area of the San Fernando Valley… I am prepared to offer you the highest quality in professionalism, commitment and the full service real estate that you deserve. 

 

Every morning I take a few moments to be grateful for the good things in my life, for the love of family & friends and I ask you to please join me in giving thanks to the brave men & women who are defending us 24 hours a day, at “home” and in places foreign to them, so we can enjoy a sense of peace, security and freedom here in the USA.

 

It gives me great pleasure to extend my very best wishes to you and those who are dearest to you an especially warm, healthy and happy Holiday Season and a very Happy New Year.

 

 

 

Thanksgiving – Year Round

Coming up this week is one of my favorite holidays, Thanksgiving!

These are challenging times, which is why I cherish this day.  Everyday I take a few moments to be grateful for good things in my life and give thanks.  On Thanksgiving Day I celebrate that I always have something to be grateful for and it becomes my anchor for the year to come. 

 

The feast I enjoy today is not too different from the holiday meal I enjoyed growing up – truly comfort food! Picture a traditional golden brown turkey, crispy skin on the outside & moist on the inside, basic tasty celery & mushroom stuffing, Campbell’s GreenBean casserole, and freshly baked candied yams cubed, smothered in Vermont Maid syrup (or brown sugar & butter) and topped with gooey marshmallows! Pumpkin and Pecan pies with freshly whipped cream to top it off!  How can we not be thankful!!

 

My giving thanks range from, my children, the grand children I have been blessed with, sunrises and sunsets, a warm fresh bagel with cream cheese, a roof over my head, my very old & sweet “kitty”, Peach, who still wakes me every morning, popcorn at the movies…and I could go on and on…I am most grateful to the brave men & women who put their lives in harms way 24 hours a day, at “home” and in places foreign to them, so you and I can enjoy a sense of peace, security, and freedom here in the USA.

 

Regardless of my mood, after several “thank you’s”, my spirit is lifted and I am smiling.  Have you taken a moment to consider your small and not so small things in life you may be thankful for?  Give it a try – it’s an energizing experience. 

 

Today our investments are being challenged, so I want to remind you that your real estate investment is still your most stable security.  Historically, recovery from a down trend in the real estate market has brought appreciation in values higher than ever before. . . Something to be grateful for!

 

Please remember to contact me with your questions, concerns and/or interest in making a real estate investment with today’s opportunities and challenges.  You have the benefit of my 25+ years experience in our ever changing markets, and if I don’t have the answer, I’ll make sure we figure out where to get it! 

 

Best wishes to you and your loved ones for a Grateful and Happy Thanksgiving

Financing Your Home Sale or Purchase

Financing a home sale “today” seems to be a real challenge, however, there are some alternatives worth considering.      

     **It’s important that you seek the advise of your financing/tax specialist**

There was a time in the early ‘80s when interest rates were ranging from 13 – 18 % and   conventional loans were also hard to come by.  We sold our listings with Seller financing.  It can be done as the 1st trust deed or as a second trust deed behind a “lenders” 1st position. 

When Seller is willing to carry a 2nd TD – the Bank/Lender is going to require that the terms are structured for a minimum of five (5) years.  Terms can then be set to one of many ways – Interest can be simple interest at a rate offering a good return with the balance due in five years, Pre determined pay down amounts can be setup for once a year, twice a year, 4 times a year, etc.

The seller can consider the interest payments, an addition to the sales price.  For the buyer, the fees will typically be much lower than they would with the bank.

These are some concepts to get you thinking with an open mind of the possible options that may make the difference in a successful sale or purchase of your home.  The idea is to think of other ways to sell/buy a home when prices are looking good, and yet the conventional loans are difficult to find.

     **Please be sure to check with your personal finance/tax specialist**