Houses for Sale in Beverly Hills CA | Biggest Obstacles of First-time Home BuyersHouses for Sale in Beverly Hills CA  - Buying your first home can be a daunting experience. From finding the right property to obtaining financing, there’s a lot to consider. It’s important to be aware of the biggest obstacles first-time home buyers face and how to overcome them. Down Payment ChallengesOne of the biggest challenges for many first-time home buyers is saving up enough money for a down payment. The good news is that you don’t necessarily need 20% down to buy a home. In fact, there are many low down payment options available such as FHA loans which require as little as 3.5% down, or VA loans that require no down payment at all if you meet certain qualifications. Additionally, there are several ... 12/17/2022

Mortgage Broker Beverly Hills | The Definitive Guide to Bank Statement LoansWhat is a bank statement loan?Mortgage Broker Beverly Hills – A bank statement loan is an alternative type of mortgage loan that does not require documentation of income. This loan option is for self-employed borrowers who have difficulty providing standard employment verification documents, such as W2s or tax returns. Bank statement loans are based on the borrower’s ability to prove their income through 12 consecutive months of personal bank statements from checking and/or savings accounts. To qualify, borrowers must show proof of reliable deposits over that time period and demonstrate the ability to make timely payments on the loan itself.Bank statement loans typically require higher credit scores than other t... 12/16/2022

Mulholland Estates, Beverly Hills Real Estate & Homes For Sale | Live in Hollywood History with Mulholland Estates Real EstateMulholland Estates is a luxurious, gated community located in the foothills of the Santa Monica Mountains. It consists of 500 homes set on over 250 acres. The area has been associated with Hollywood glamour and celebrity for decades, and some of its most famous residents have included Elizabeth Taylor, Jennifer Aniston, Nicolas Cage and Tom Cruise. Located just minutes away from all that Los Angeles offers, it’s no wonder why Mulholland Estates continues to be an exclusive address. The history of Mulholland Estates can be traced back to the late 1920’s when it was developed by William Randolph Hearst as part of his extensive estate holdings across California. He ... 12/15/2022

Coldwater Canyon, Beverly Hills Real Estate & Homes for Sale | Coldwater Canyon - Outdoor HavenLiving in Coldwater Canyon means being surrounded by some of the best recreational activities around—hiking trails provide hours-long adventures; swimming holes offer a refreshing cool down; golf courses let players take advantage of picturesque landscapes; tennis courts give residents a chance to practice their game; horseback riding lets riders explore nature while taking in amazing views; plus there are plenty more activities just waiting for you!Hiking TrailsColdwater Canyon has miles of hiking trails that offer stunning views of nearby nature. Whether you want an easy stroll or something more challenging, there’s something here for everyone. Popular trails include Eagle Rock Overlook Trai... 12/14/2022

Mortgage Broker Beverly Hills | The 5 Steps to Getting a Mortgage Pre-ApprovalFill out the application or the technical name is 1003The process of getting pre-approved for a mortgage can be intimidating, but with the right mortgage broker in Beverly Hills, it doesn’t have to be. Working with an experienced, licensed mortgage broker can help you make sure that your application is completed accurately and thoroughly, giving you the best chance of being approved.No matter what type of loan you are applying for – whether it’s fixed-rate or adjustable, single or multi-family home – it is important to provide accurate information on your mortgage application to get the most favorable terms possible. Your Beverly Hills Mortgage Broker will walk you through the entire process and provide helpfu... 12/14/2022

Trousdale Estates, CA Homes for Sale | History of Trousdale Estates in Beverly Hills, CATrousdale Estates is a neighborhood in Beverly Hills, California. It is one of the most exclusive residential areas in the state, boasting lush homes and beautiful views. But what makes Trousdale Estates so special? Its history! Let’s take a look at how this luxurious area became what it is today.Trousdale Estates was established by Paul Trousdale, an entrepreneur and real estate developer from Tennessee who moved to Los Angeles in 1952 with his wife Anna May. He quickly saw potential for profit in Los Angeles due to its rapidly growing population and lack of housing options, so he began buying up parcels of land around the hills north of Sunset Boulevard – eventually amassing some 1,200 acres stretc... 12/13/2022

Mortgage Broker Beverly Hills | What is a Bridge Loan and How Can it Help You Buy Your Dream Home? Selling your home is a complicated process, and there are often financial considerations that need to be taken into account. One of the most important of these considerations is a bridge loan. But what is a bridge loan, and how does it work? Let’s take a look at what you need to know about bridge loans and how they can help you in the home-selling process.  How Does a Bridge Loan Work?  A bridge loan is essentially an interim loan — it bridges the gap between when you sell your current house and when you purchase your next one. In other words, it helps ensure that you have the funds necessary to buy your new house before selling your old one. Bridge loans are typically short-term loans — ... 12/12/2022

Here at Mortgage Broker Beverly Hills, we work with many international buyers from all over the world. This blog post has been created to educate and answer many questions about foreign national loans. How often do foreign nationals use foreign national loans to purchase their home in the United States? Most foreign buyers pay in cash, but those who don’t come to us because we specialize in foreign national loans and are unique in that we have a lot of experience funding foreign national loans. Why do foreign nationals use foreign national loans? Foreign nationals typically use foreign national loans to purchase vacation homes. Most of the time, the home they buy in the United States is their second, third, or fourth home, so it is not their main home. Do you have to file tax returns i... 12/09/2022

I wanted to quickly share some Beverly Hills Christmas decorations pictures with you all. Have a great day everyone! What are your credentials?I am the Founder of Mortgage Broker Santa Monica and BuyDeluxeHome, a licensed mortgage broker and real estate agent. We are a specialist in helping buyers and sellers with homes for sale in Westside, Los Angeles, California, and specifically homes for sale in Santa Monica, CA, and homes for sale in Beverly Hills, CA. To get answers to other frequently asked questions visit our FAQ section: https://mortgagebrokersantamonica.com/#faqsIf you are looking for houses for sale in Beverly Hills or homes for sale in the other Westside, Los Angeles communities visit us at BuyDeluxeHome.com.  For mortgage and financing information visit Mortgage Broker San... 12/05/2022

Observations by a Beverly Hills Realtor Endre Barath, Jr. Over the 4 months or so, I have been inundated with emails and texts inviting me to attend various seminars about the shifting Real Estate Market and how to find buyers and sellers. Then there are experts wanting 15 minutes of my time to give me the answers to be successful in today's market.  With catchy titles like ``how to win business in a downturn”, and  “we have helped agents get three to five extra deals” these seminars or chats would only cost me (quite) a few hundred (or thousand) dollars to learn the magic solution.  If I were to take advantage of these “solutions & opportunities” there are two things I would achieve.  First off, a chunk of the income that I have generated so far in 2022 and what I'm expecting for the l... 12/04/2022

My favorite restaurant in Beverly Hills, CA is Crustacean Beverly Hills. Crustacean Beverly Hills serves Asian fusion cuisine and is located at 468 N Bedford Dr, Beverly Hills, CA 90210. Known for being a place where you can often find celebrities, celebrities such as Magic Johnson were known to dine there once a week.Prior to the Covid-19 pandemic, the restaurant underwent a major eight-month renovation and was temporarily closed. The aquarium built into the walkway was the feature that most impressed me before it was redesigned. As you walked in, you were on clear glass and could see fish and other aquatic species beneath you. Now there's a lot to like after the $10 million renovation.When it comes to the menu, I recommend the garlic noodles as one of your sides and the crab that come... 12/04/2022

Selling a home in today’s market certainly has its challenges, not only in the Greater Los Angeles area, but everywhere. Let’s add seasonal factors depending on where you are selling your home.  It’s worth mentioning the holidays, having children and/or pets to what I call the ‘extras’ for planning on selling a home.  The key factor is proper preparation. (I haven’t even brought any current political concerns into the picture.)If you live in LA and are considering selling but waiting, a date to keep in mind is April 1st 2023 when Measure ULA, as passed by voters this past November, will take effect.  Measure ULA means that properties that sell above $5 million will be taxed an additional 4% after April 1st, 2023. Properties that sell over $10 million will be taxed 5.5%; this is in addit... 11/30/2022

Speechless Sunday: Guess who is coming to dinner...  Diane insisted on us leaving the house. There was a play that she wanted to see. One of her coworkers was in it.... Well reluctantly I agreed. No, it was not Spencer Tracy & Sidney Potier, but it was incredibly powerful, and I laughed and cried at the same time. Great acting great performance.Not having seen the movie in decades it all bought back wonderful memories and a better perspective of the movie. How appropriate in today's times. I also miss Sidney Potier's kind and laid-back personality. I still see him patiently waiting for his car in front of Spago the Restaurant... oh about 15 years ago:)  Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-orien... 11/20/2022

Thank You Veterans! I am grateful for your service!Tomorrow is Veterans Day! Chances are you know a veteran. It might be a friend, a family member or even yourself.There are some people who sadly confuse Veterans Day with Memorial Day. November 11th is Thanking Veterans for their service in defending this great nation, those who are still alive.Just as there are some people who are confused, and wonder is it Veterans Day or Veteran’s Day. It is Veterans Day since it covers all Veterans from all Branches of the Military not just one Veteran.Many people are not sure what to do or say to a Veteran on Veterans Day or any day.As far as I am concerned, the answer is very simple as to what to say and how to greet a Veteran on Veterans Day, how about saying:“…I am grateful each and every day fo... 11/10/2022

Motivation Monday: Sometimes you just have to write a post like this. As you know I seldom write posts like this, but today was just one of those times that it called for a post like this. These two messages are so powerful I just had to share them with those who read my posts. Tell me if you agree with them!!!! Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly! If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! If you are considering buying or selling a home, a luxu... 11/07/2022

 Monday Nov 07, 2022This week the median list price for Beverly Hills, CA 90210 is $10,995,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 157Keep in mind there are more zip codes than the coveted 90210, since most people consider Beverly Hills as the 90210 I am only focusing on this segment. Now if you are wondering there is 90211 & 90212 as well. If you would like a report about these zip codes please reach out to me directly.  Market SegmentsEach segment below represents approximately 25% of the market ordered by price. Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM $28,900,000 12,174 1 - 2.5 acres 7 10 35 3 0 196 $14,995,000 8,000 0.5 - 1 acre 5 7 47 1 0 154 $8... 11/07/2022

I am so grateful words are difficult to express it, but I will try... Debe Maxwell, CRS  what a perfect time for you to challenge us to do 'Grateful Posts'. Well, what are the odds.  Today I received an email from the California Association of Realtors. Here is the cut and paste of some of it: Hi Endre,You recently filled out the C.A.R.’s 2022 Legislative Engagement Member Political Perspective Survey and opted to enter into the drawing for a $500 Amazon gift card. There are 3 winners that were randomly chosen, and you are one of those winners, so congratulations!Please respond to this email if you would like to claim your prize and provide your preferred email address to which we should deliver the gift card....Now with that said Debe, you said try not to do the usual be creative, well... 11/02/2022

I would be remiss to not participate in this wonderful Active Rain Challenge sponsored by our friends Aura Alex ,  Leanne Smith and Carol Williams on such a great topic.  When I began blogging on Active Rain in or around 2008, I had no idea what blogging even was; I only knew I had to learn.  In those days we had active Community Managers who posted and lent ideas about what would pique interest and thus get our names out on the Internet. Ultimately the goal was to generate additional business.   As a Greater Los Angeles Realtor trying to make a living during the bottom of a down market, it would have been extremely foolish of me not to give it a try. I was basically out of business, looking for referrals and thought Active Rain was the way to go.  Fifteen years later and I can honestly... 10/31/2022

Thank you Rocky Dickerson , for reaching out to me for an Interview. I felt honored and humbled to participate. As I said to you, I am more of a person you ask in writing and I am happy to put the answers in writing. Years ago, someone joked with me, that I have a great Radio Voice:) the subtle message was that I should forget videos. This stayed with me even when everyone else is doing videos.Now with that said, not sure you got the answers you were looking for. As a Vacant Land Specialist for the past 27 years in the greater Los Angeles area, I can say it is not for the faint at heart.I have had difficult listings in the multimillion-dollar price range as well as in the low end of the hundred-thousand-dollar range. I still recall fondly talking to the Billionaire Buyer what will it ta... 10/27/2022

Real Estate in the upcoming new year 2023, Observations by Endre Barath, Jr. a Beverly Hills Realtor.With October two-thirds in the books, naturally a majority of headlines are focusing on next year.  Even medical appointments are being made into 2023, as I hear Diane complaining that she needs her 2023 wall calendar.  October is one of my favorite months of the year.  Generally, the temperatures cool down and I welcome a respite from the summer heat; nights can be comfortable once again for sleeping without air conditioning. As for Real Estate in the new year, as I see it the current market shift is favoring buyers. I hear listing agents complaining about buyers and their unreasonable demands. Funny, not long ago I heard buyers’ agents complaining about the unreasonable sellers.  So, w... 10/21/2022