Los Angeles, CA Real Estate News

By Scott Dovala, Santa Rosa Mortgage and Home Loans
(Ascent Home Loans)
With less than 30 days left until April15th, many Los Angeles homeowners are scrambling to get their paperwork together for their tax preparer appointment. In all the frustrated and anxiety filled moments before the meeting, many homeowners may forget a few of the tax deductions they may be allowed. As a reminder, here are just a few that may help you with your income taxes this year. Be aware that before you make any of these deductions, you need to speak with a tax professional first before doing so. 1. PMI - Private Mortgage Insurance is an extra insurance that lenders require when a homeowner puts less than 20% down payment on a home. in essence, lenders would prefer an 80% Loan-to-Value, however those borrowers with an LTV higher than 80% must pay an insurance premium each month. B...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Su KASA Dreams Realty)
Toluca Lake Real Estate & Leasing, Burbank Real Estate & Homes For Sale by Lupe Soto (818)968-3718 Renting Better Than a Vacant HomeIf a house doesn't sell, owners should consider renting - and hiring a real estate professional to lease and manage the property.Renting out a house rather than leaving it vacant is almost always a better option. Plan to rent the property for several years, get some income and "get on with your lives."Some are afraid they'll lose a tax-free sale. But sellers only have to live in a home for two of the last five years to claim the capital-gains exclusion, so even if that is an issue, sellers have three years to rent.Once a home is rented, any fix-up costs are tax deductible. An empty house is hard to insure and it's a target for vandals. TENANTS - LEASING SER...
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By Michelle Minch, Home Staging Los Angeles and Pasadena, CA
(Moving Mountains Design Home Staging, Pasadena, CA)
The Los Angeles Times is running a feature article in the Sunday Real Estate section on March 16. The article paints a very clear picture of how home staging helps sell homes, even in this volatile real estate market. The article The Benefits of Staging a Home, written by Ann Brenoff, is available for viewing on-line. Ann interviewed Connie Tebyani of Platinum Home Staging, and me. The article gives a very balanced view of how home staging works, and how it can benefit home sellers and real estate agents. While this article will provide great promotional benefits for both Connie and myself, I think that it will also benefit the staging industry as a whole. No doubt, when a well respected newspaper like the Los Angeles Times says that staging is beneficial, it lends great credence to our...
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By Paul Kelly
(BEST RESULTS MORTGAGE CORP.)
For the majority of the year the commercial market had gone along its merry path,mostly undisturbed by the market forces affecting the residential world. However for the past few months we have finally felt some changes. Some of the commercial lenders have gone out of business. Recently the guidlines for commercial lending have also tightened up. Properties such as restaurants and assisted living facilities have become a challenge to finance. Is the commercial market going bust?I feel not. Although some of the guidelines have become more difficult, these changes will affect 10 to 20% of the available market. There is still a HUGE amount of business available for the real estate professional that goes out and seeks it. Our current lending market is probably like the one we had back in '0...
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Get the truth about selling your home before the Bank forcloses on you. Short Sale Specialist in Orange County, Riverside and Los Angeles County. Let me list your home and I will negotiate the sale of your home. The Bank will pay all the sales commissions and closing costs. Time is crutcial so call me today for your confidential consultation. Gary Gonzales - ReMax OCE, 949-322-4279 or 818-585-3856 www.GaryGonzaels.com Experienced! Reliable! Ethical! & Friendly!
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By Jimmy Bustamante
(JIMMY's Realty)
11th District Cost-Of-Fund- A published data series based on the average yield paid by saving and loan associations on the funds they used to make mortgage loans.   (Explanation)  The Federal Home Loan Bank of San Francisco (the 11th District) Interest rate is relatively stable as a deposit is made the interest rate are paid determined the time of the deposit.     Monetary Policy -Governmental regulation of the amount of money in circulation through such institutions as the Federal Reserve Board   (Explanation) Is a tool that the government uses to influence their economy and by controlling to amount of money on the market.   Seasoned loan – A loan on which several payments have been collected.   (Explanation) If the seller accepts a second mortgage on the property. After he collects 1...
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By Mina V. Garrey, Commercial Capital Properties, Los Angeles, CA
(Commercial Capital Properties - License #01768282)
You have probably heard in the news lately about the possibility of a recession as a result of the downturn in the housing market. Well, before we panic, lets make sure we understand that not all real estate is affected by the sub-prime mortgage crisis. What the newscasters are talking about is the residential (1-4 units) owner occupied real estate. When it comes to commercial real estate (office, retail, industrial, multi-family (5+units)) the real estate market is as hot as ever. In the Los Angeles area the outlook for the multi-family properties for example, remains positive due to the low housing affordability as well as high demand. According to Marcus & Millichap, the asking rents, construction and employment for LA County are expected to rise in 2008. Remember, Southern Californi...
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By Inspector PJ
(home inspection specialist)
Accessory: A building product which supplements a basic solid panel building such as a door, window, light transmitting panel, roof vent, etc. Aluminum Coated Steel: Steel coated with aluminum for corrosion resistance. Anchor Bolts: Bolts used to anchor members to a foundation or other support. Anchor Bolt Plan: A plan view drawing showing the diameter, location and projection of all anchor bolts for the components of the metal building system and may show column reactions (magnitude and direction). The maximum base plate dimensions may also be shown. Approval Drawings: Approval drawings may include framing drawings, elevations and sections through the building as furnished by the manufacturer for approval of the buyer. Approval by the buyer affirms that the manufacturer has correctly i...
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By Michelle Minch, Home Staging Los Angeles and Pasadena, CA
(Moving Mountains Design Home Staging, Pasadena, CA)
Not all home stagers are created equal. Before hiring a stager, there are some things you should consider. At this time there is no independent national organization(like ASID for interior designers, or NAR for Realtors) that certifies or licenses home stagers, and no government oversight or licensing in most areas. Here are some tips to help you select the right stager to help you sell your home: Experience and professionalism trumps "certification", "education" or "designation" in the staging world. Hire the stager with the most real world experience, not the stager with the most letters behind their name, although they may be one and the same. Ask to see the stager's portfolio - either on line or hard copy (book form). If they don't have a staging portfolio, in all probability they h...
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Toluca Lake Property Search »  Toluca Lake Homes - $500k - $1M»  Toluca Lake Homes - Under $500k»  Toluca Lake Homes - $1M and Up»  Toluca Lake Condos »  Toluca Lake Single Family Homes»  Toluca Lake View Homes »  Toluca Lake Rentals»  Toluca Lake Foreclosures
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By Monique Bryher, MSPH, Broker-Associate -Physician Real Estate Specialist
(Pinnacle Estate Properties, Inc.)
http://www.californiarealestatefraudreport.com/ Fraud committed by licensed professionals, in addition to that committed by the consumer.
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By Scott Dovala, Santa Rosa Mortgage and Home Loans
(Ascent Home Loans)
With the new stimulus package being nearly passed by the President, now is the time to start thinking about refinancing out of those higher interest option arm rates or purchasing a new home. We all know how California has suffered through this housing slump, mainly because of our higher median home prices. The majority of Californians could not even think about refinancing their homes due to the fact that our homes are still to far above the conforming loan limit of $417,000. While we sat and watched many parts of the country such as the Midwest and Southern portions of the US refinance into lower conforming rates, we were basically held hostage by the secondary markets where loans are bought and sold. Since the credit crisis became news, the secondary market has virtually closed down ...
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YOUR REALTOR® DON SANCHEZ IN ACTION: "FREE ARTICLE"February 2008The biggest problem many people face when making the move from renting to owning a home is the down payment. You've been making regular payments every month for rent and can't seem to accumulate enough capital for a more permanent home. Many times homes in your area appreciate in value faster than you can save. You should explore all possibilities and make every effort to purchase a home now and begin benefiting from the home's appreciation and the income tax deduction that come with home ownership. But saving for your down payment doesn't need to be the mountain you've made it out to be.The Federal Housing Administration (FHA) or the Veteran's Administration (VA) and many other government programs or grant programs are ava...
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By Mario Villagran, MBA, Realtor
(U.S. Spaces)
Since I'm an agent in the Los Angeles area I thought I would promote my client's paparazzi company.  This group of guys has had some great success in this line of work.  I'm not writing this to pass judgement but I'm sure the comments will come.  The company is JFX Direct and you can see some of their pictures and videos at http://www.jfxonline.com/.  Wrong or right and despite privacy issues let's face it we're all at fault here.  Many celebrities seek this kind of work for the fame and art.  We have all seen that fame has a price.  Many of us like to read about them and know the latest and this creates a market.  I thought I would share an additional site that people can use to see what's the latest with their favorite celebrity.  For those of you outside of Los Angeles who always ask...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Su KASA Dreams Realty)
Lupe Soto, Listing & selling NEW HOMES condos townhouses for sale with year built from 2000 to 2010, you have come to the right place! New Construction Specialist & REO Agent, serving Burbank, Toluca Lake, Encino, Tarzana, Sherman Oaks, Studio City, Van Nuys West, Lake Balboa, North Hollywood, Van Nuys East, Valley Glen, Reseda, Winnetka, Northridge, Chatsworth, North Hills, Mission Hills.  New Homes/Condos For Sale, The Burbank Collection  in San Fernando Valley, Santa Clarita Valley & Antelope Valley in Los Angeles County & San Bernardino County with prices from $110K. TO VIEW LISTINGS NEWER CONSTRUCTION BUILT 2000 TO 2010, click here or visit our website for updated list by city http://www.HomesWithLupe.com   WATCH OUR VIDEO BLOG, A BURBANK NEWLY BUILT TOWNHOUSE FOR SALE, FOR ALL OPT...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
click on picture for more information and price Laurel Hills - Wonderland Elem Area; 5BR/3.5BA Remodeled Mediterranean Villa formerly owned by Benny Carter,renowned Jazz Musician; Featuring Gourmet Custom Built Kitchen, Huge Multi Purpose Family/Den + Entertainment Areas; New Custom Windows & Doors; Eco/Saline Newly Redone Pool w/ Waterfall; Hardwood, Limestone & Carpeted Floors; 3 Fountains, views. Sellers relocated out of Country. Agent related to Sellers. Also for Lease @$12,000 per month. Call for Showing.To preview the finest Real Estate in Santa Monica, Beverly Hills, Malibu, Brentwood, Burbank and Pacific Palisades please visit my website. When you are ready to view homes or have any questions regarding selling your home, please contact me.
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By Jeff Thompson
(Thompsons Home Inspections)
Attention top producing agents in the Los Angeles,California area with zip codes,9004,90026,90027,90028,90029,90031,90038,90039,90041,90042,90050,90065,90068,90070,90072,90078,9081,90088,90093,90094,90095,90096. I just want to let you know that I am looking for agents to become part of your power team and if you already have a Home and Mold inspector great. However, I would still like to be a back up if they cannot assist you for that inspection, for everyone knows that you are short on time and you needed that inspection done yesterday not in three days. Our promise to you will be:1) The inspector will be there at the day and time agreed upon.2) Client satisfaction with a completed report on site, the report will be easy to read, and all of the photos will be in color. Plus you will ha...
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By Mario Villagran, MBA, Realtor
(U.S. Spaces)
I took a friend out for his birthday monday night and we decided on sushi. One more friend joined us and they both suggested that we try this restaurant in Downtown Los Angeles. I had a babysitter for the night so I was game. We went to Takami located @ 811 Wilshire Blvd. 21st Floor LA, CA 90017. You can visit their website @ www.takamisushi.com and/or make reservations by calling 213-236-9600. Normally when I'm introduced to a new restaurant with a wonderful view I expect to be paying for the view and not so much the food. The food at Takami proved me wrong. The albacore, spicy tuna rolls, calamari, and chicken skewers were some of the best I've ever had. The martinis were a great compliment to our meal. The view was very impressive. Fellas if you really want to impress your date, this...
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By Mario Villagran, MBA, Realtor
(U.S. Spaces)
Last week I had the pleasure of joining two very good friends at a new restaurant, Larkin's in Eagle Rock, CA.Eagle Rock is a town in Los Angeles that is bordered by Glendale to the west, La Canada to the north, Pasadena to the east, and Downtown LA to the south.  This is a very hip community and home to Occidental College. Sorry I digress so now back to Larkin's.Larkin's offers a very warm eating experience.  The restored craftsman home makes you feel like your eating at home and therefore expect a tasty homestyle meal.  My mind had already set high expectations before I had even opened a menu.  I was not disappointed!!! Here are the dishes we ended up sharing, fried chicken w/ potato salad, meatloaf sandwich, catfish po'boy, macaroni & cheese balls, and banana pudding.  OMG, I just re...
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