A Good Bargain comes not too Often.

courtesy of The MLS This condo situated on North Olive Rd is conveniently located, spacious, clean and a standard sale!  Located in an attractive building.

The drawbacks however, only 1 bathroom and community laundry.

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Open House Sunday Oct 23rd 2-5:00!

Yea I’m back!

So, I took a little hiatus from blogging.  It felt good. But I missed it. So I thought this would be a great way to re-introduce myself to the world of Blogging.

I’ll be sitting this beautiful home tomorrow looking for you, the Buyer, to walk right in. Come visit me between 2-5:00. See you tomorrow.

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Saving your Home! Digging out of your Financial Problems

photo courtesy of supertoid.com

photo courtesy of supertoid.com

Struggling Homeowners find help

MortgageKeeper’s database is rich with 6,000 resources nationwide that can help financially strapped borrowers dig out from under their problems-if borrowers only knew about them.

It’s no secret that many homeowners are finding it difficult to pay their bills these days.  But when it comes to your Mortgage, you will do almost anything to not miss that payment. This article found in the LA Times by Lew Sichelman unearths community services available to you.

MortgageKepper is the “Hub” of all the resources available to you and maintains a database of local resources who are reputable, and fully qualified to help those in need.  You just have to ask.

There are a lot non-profits and government agencies that want to help with financial and personal challenges.

And even if your mortgage servicer is not affiliated with MortgageKeeper, it’s likely you’ll be able to reach a counseling agency that can help.

 

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A Good Find in West Hollywood!

photo courtesy of Solid State Los Angeles

I certainly have seen my share of properties and it’s hard to come across a good one. But every now & then, I do.  I had the pleasure of having a sneak peek at this beauty and you can too.

Joaquin Garcia introduces 701 Westbourne in 90069. Listed for $729,00(and not yet listed in the MLS), it’s a 2BD/1.5BA on a ~5,600 s/f lot. A well laid-out home, nicely updated with a large rear patio and backyard in the Tri-West area of West Hollywood. In close distance to the trendy upscale shopping, Urth Caffe & Le Pain Quotidien…..just to name a few.  Contact Joaquin at 310.777.2807

 

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Mortgage Interest Deduction

Changes to the MID could Destroy the Middle Class

Significant financial implications could be knocking at your door because of Congress’ new federal debt ceiling plan. If you own your home and value the Mortgage Interest Deduction(MID), you NEED to take a few minutes to read this Article found in the LA Times to better understand how it will impact YOU and home ownership.

The housing market, still trying to stabilize after years of spiraling downward and record foreclosures, finds itself facing yet another challenge. The elimination of the MID could be detrimental to millions of homeowners and an unbearable crutch to the housing market.

Homeownership Tax Benefits Must Be Preserved, Say Realtors®

Any changes to the mortgage interest deduction now or in the future could threaten recent progress toward stabilizing the housing market, critically erode home prices and values, destroy middle-class wealth accumulation and hurt economic growth. -NAR Chief Economist Lawrence Yun

Regardless of where the MID is headed, it is without a doubt something you need to follow. You need to be well versed on who to contact in Congress and not become complacent. “IT” could very well be one of the biggest threats to home ownership we have seen in the past 25 years.

 

 

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New Listing! Adorable Little Home in NoHo!

This is the perfect starter home! Located at 6634 Babcock Ave on a quiet cul-de-sac, this ~840 s/f, 2BD/1BA home is an updated traditional in the Valley Glen Council jurisdiction. The Spotless home offers new paint & carpet throughout. The living room has access to a large covered patio and there is a dining area. A Sunny, completely remodeled kitchen w/granite counter tops, maple cupboards, double-sink w/garb disposal, gas range, dishwasher and laundry hook-ups. Bathroom has been completely updated w/new tiling around tub/shower combo, new floor, toilet, sink, fixtures, lighting & window. New sprinkler system in front & back yard, and back yard is walled in. New copper piping and sewer main are approx 3 years old. Completing the home is a massive 2-car garage with ample built-in storage space. All this and a Walk Score of 85!

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“Hooray for Hollywood” Building Sale!

The Hollywood Reporter announced yesterday the sale of the former “TV Guide Hollywood Center” building located in Hollywood.

It will be the largest commercial real estate transaction in years reports the Guide.

Let’s see what the new owner has in m ind for the space.  Any updating will be greatly appreciated amongst the many new face lifts surrounding it.  Hollywood is still blossoming!

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Go Down to the Basement and Get IT!

If only the economy were a bit stronger, we’d see homes selling at the 2005/06 rates with these interest rates.  But who wants that?

This article in the LA Times reminds us that money is cheap.  So get your money house in order and find out if you can make a home purchase possible.  And the 15-year fixed mortgage is even lower.

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Could be yours for $29 Million!

A very special home listed on Bellagio Road in prime Bel-Air overlooking the 10th hole of the golf course with a city view … for sale at $29 Million. Few know about it and I know how to get you in. Qualified buyers of course.

You’ve not seen anything like this view … the home and interiors — including furnishings — designed by Kelly Wearstler and soon to be featured in Architectural Digest … incredible detail, full of colors, textures & patterned stone floors and walls in all the bathrooms, Venetian plaster, lacquered paneled and textured walls … all in a Traditional “hip” quality look with view of the signature Bel Air Country Club house and “The Swinging Bridge” to the city and ocean beyond.

Almost 15,000 square feet on 1 1/4 acres of grass lawn. Everything is new as it took 3 years to rebuild and create … up to a total of 7 bedrooms and 10 baths … Night club … amazing dual-island view kitchen … plus two separate outside guest house rooms with stone baths … Fantastic master bedroom with city view and lavish stone and onyx matched walls and ceilings in his and hers bathrooms … balcony, patios, terraces, grass lawn.

Used to be Richard Gere and Cindy Crawford’s home!

The home is designed for the young “in group” … with all of the newest technology and two full huge screens recessed into the ceiling – one for the inside and the other for outdoor poolside movies and entertainment. Hidden in the plants are sophisticated sound systems around a large pool with fountains an amazing guest house/pool house.

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Some Unbelievable prices in Weho!

Courtesy of The MLS

1200 Sweetzer, in the heart of Weho had a lot of “bad energy” for a while, looming on the market for quite a while…..thoughts were that the prices would come down.

But the prices have I’m sure most in awe as 3 of them sold over $1 million dollars.  And the rest, well….they pulled in their weight as well I must say.  Good job WEA gang.

Sales snapshot:  Unit #7 sold for $1,070,000, Unit 10 sold for $1,070,000, Unit 6 sold for $1,040,000, Units 9 & 2 sold for $899,000, Unit 1 sold for $875,000, Unit 4 sold for $699,000, Unit 3 sold for $599,000, Unit 5 sold for $549,000 and Unit 8 is in escrow listed at $845,000

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