Robert Schmalz's (eaton9) Blog

STUDENT DEBT WIL COST THE REAL ESTATE MARKET 83B DOLLARS, 420,000 HOMES WILL NOT BE SOLD THIS YEAR.   I knew this topic would start impacting the economy so finally not are there only small out of the way articles that are talking about student debts impact on the economy, but now headlines are a...

SELLERS WANT TO DO A POCKET LISTING OR BUYERS LOOKING FOR A POCKET LISTING BEWARE STOP DONT I wrote the other day about dual representation where one agent represents the buyer and seller it is allowed but it is BAD!!! Same here with pocket listings Bad, stay away from both sides of the transacti...

Escrow is a process that provides for a fair and equitable transfer of property from the seller to the buyer in a real estate transaction. Of course it also can be used in any type of transaction that needs to transfer items. For my article we will only be talking about Real Estate transactions. ...

Below is my latest list of distressed properties, Short Sales and Bank Owned Foreclosures, I have linked these terms to articles I have posted on my web site that will fully explain what they entail. Going into into a distressed property transaction can be a very trying experience, it is my job t...

3 BEDROOMS / 3 BATHS / 1800 SQ FT $288 PER SQ FT IN WESTWOOD!!!!! LIST PRICE $520,000   Fabulous penthouse with stunning Century City unobstructed views and wrap around large roof top patio. Dramatic two story ceilings and huge arched windows, vaulted ceilings, skylights, crown moldings. Great l...

Very spacious 5 Bedroom / 3 Bath home. This 2 story house features a newly painted interior and exterior, open living / dining / kitchen concept downstairs with tile floors. Also located on the first floor are 2 bedrooms with gleaming hardwood floors, a full bath with a modern flair and a laundry...

"The House of Representatives on Thursday passed by a landslide vote of 417-to-2 legislation to curtail insider trading of securities by lawmakers and officials in the executive branch." Is it me or did I fall down the rabbit hole, how funny is this!. We have to OK a ban on legislators from reapi...

This popped across my screen this morning and it really made me shake my head.. I just find it ironic that the practices of Banks, Realtors and Appraisers that devastated an entire economy of the strongest nation on earth not to mention ruined the Real Estate Industry for a decade is handled in s...

4 BEDROOMS / 3 BATHS / 2863 SQ FT / 6322 SQ FT LOTPACIFIC PALISADES HIGHLANDS – GATED – COUNTRY CLUBNEW ON THE MARKET $401 PER SQ FT!!!!!LIST PRICE $1,149,999   As with all distressed properties, short sales and bank owned foreclosures, these listings are very volatile and change on a daily basis...

This is the 2nd of a two part series of what your  Homeowners/Title Insurance covers. This is a must know for people who are shopping the Santa Monica Real Estate market for Santa Monica Houses or Condos. Anyone buying Santa Monica Real Estate needs to have Title Insurance but not many people kno...