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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Homes on Sale NOW!

Sale Going on Now!

Finally!  Not just one motivated Seller, but two!

Mortgage giants Freddie Mac and Fannie Mae throw a big sales event in an attempt to off-load a very large inventory.  Let’s call it, Mega Home Sale!  And wait…..it get’s better.  The seller’s are offering amazing incentives, with Fannie offering financing as well as renovation mortgages.

Learn more about it in this article. But start your search today!  Go to www.homepath.com (Fannie) or www.homesteps.com (Freddie)Because both Seller’s have a deadline in which to beat.

Mortgage giants Freddie Mac and Fannie Mae throw a big sales event in an attempt to off-load a very large inventory.  Let’s call it, Mega Home Sale!  And wait…..it get’s better.  The seller’s are offering amazing incentives, with Fannie offering financing as well as renovation mortgages.

Learn more about it in this article. But start your search today!  Go to www.homepath.com (Fannie) or www.homesteps.com (Freddie)Because both Seller’s have a deadline in which to beat.

Mortgage giants Freddie Mac and Fannie Mae throw a big sales event in an attempt to off-load a very large inventory.  Let’s call it, Mega Home Sale!  And wait…..it get’s better.  The seller’s are offering amazing incentives, with Fannie offering financing as well as renovation mortgages.

Learn more about it in this article. But start your search today!  Go to www.homepath.com (Fannie) or www.homesteps.com (Freddie)Because both Seller’s have a deadline in which to beat.

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Short Sales! Can You Live through One?

Short Sale 411

I came across this article in the Realtor Magazine provided by NAR(National Association of Realtors) and thought it was worth while reading for those looking to purchase a short sale home.

It’s good to know what you are getting involved in.

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Look! Up in the Sky….It’s Hollywood!

courtesy of Handel Architects(via LA Times)

courtesy of Handel Architects(via LA Times)

High-rises, mixed-use and restaurants oh my!

New York Developers and owners of the Capitol Records tower, Millennium Partners and Argent Ventures are poised to bring some glamour to Hollywood.

According to the LA Times, the 1 million square foot “Millennium Hollywood” project will include two skyscrapers that would be mostly residential, but also include a hotel, office space, restaurants and stores.

Read add’l news from Hollywood Reporter & CurbedLA

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Keeping it Safe when Opening your Doors.

home-safety-logo4Now that Spring is in the air and home sales tend to pick up, it’s always a good time for a nice reminder on how to be safe during open houses. And I especially like when we get these reminders when they are not following some terrible tragedy.

This article in the LA times Business section points out to both Agents and Sellers alike why knowing simple helpful tips can keep you from becoming a victim.  A smart read.

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Village “Mews” goes Solar. Green enough?

atwater village mewsThese fashion forward “stables” are quite the attraction in Atwater Village!

Curbed LA’s Mews news tells us they opened their doors back in February. One would imagine that if they are selling, the perception would be that their “Green” attributes live up to today’s standards.

Mews solar powered and abundance of light homes certainly feeds the Eco-friendly buyer. But hot water tanks and non dual-flush toilets were a sure miss.  “Green?” Or “Green-light?”

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“Loose Lips, Opportunity Slips.”

SAY WHAT TITLE “I heard the seller say they had to move in 1 month!” “The buyer told me they really LOVE your home.”

Looking to Buy -OR- Wanting to Sell?

Don’t say too much or you can provide an advantage to the other interested party.

This article from Lew Sichelman(LA Times Business) gently reminds all you Buyers and Sellers to just keep conversation to a minimum.  Don’t get too caught up in the moment and reveal something that can be used against you.

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Just Listed! Penthouse Unit at The Carolwood!

view from lower level balcony

view from lower level balcony

Ideally located on a quiet street close to Sunset Blvd & steps from the SOHO House West Hollywood, sits this rare Penthouse residence commanding the most extraordinary views of Los Angeles!

Bordering Beverly Hills within this architecturally significant complex built by Ron Goldman FAIA, this 2BD/2BA + Den is a treasure!

The Living Room w/FP boasts approx 20’ of ceiling height welcoming both an abundance of natural light and dramatic space for Art.  The large Den offers amazing built-in book shelves and currently serves as an office as well.  The eat-in kitchen has been updated, and the balcony over looking the city presents the perfect backdrop demanding social or intimate gatherings.  The loft-style Master retreat with walk-in closets enjoys the same awe-inspiring city views and is the perfect escape from the rest of the world.

And a luxury afforded by not too many penthouse owners, your very own private, roof-top deck! A unique opportunity for someone not wanting the ordinary! Property Info & Photos Here

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