Thinking Northeast Los Angeles Real Estate – Understand Mistakes You As A Home Buyer Can Make

filed under: Atwater Village/Silverlake, Eagle Rock, Echo Park, El Sereno, Glassell Park, Highland Park, Los Feliz, Mt. Washington, North East Los Angeles Buyers News, Northeast Los Angeles Area Info posted on September 6th, 2010

Home Buyers

 The Northeast Los Angeles communities have much opportunity for a present day home buyer to act upon.  Have you had some confusion about your options in today’s real estate market? Let me, Raphael, help you narrow down the choices that are right for you. The communities of Eagle Rock, Mt. Washington, Highland Park, Silver Lake, Atwater Village, Glassell Park, Los Feliz and more have more benefits for you than just location. You have regular sales, short-sales, bank-owned and probate properties on the market and knowing the differences are to your benefit. Knowing the specifics are what you can expect in a Realtor as myself for sensational service and trustworthy advice.

But woe to the buyer that is overconfident and unwilling to listen. A home buyer in today’s real estate market needs to have a Realtor that in knowledgeable, trustworthy and a strong negotiator to bring cricial issues to the table.

Here are common missteps that first-time home buyers often make;

1. Snubbing the Realtor by not listening to the reality of a particular house for sale.
2. Guesstimating how much house you can afford to buy without loan approval.
3. Focusing on the house, not the immediate surrounding neighborhood.
4. Making arbitrary low offers just to test the seller.

So the question brought to you the home buyer is…How are things working for you in your current home search? What has not worked for you in the home buying process? As a local Realtor, a proven strategy is presented to you for a remarkable purchase experience. You need to be aware of the entire picture a home presents in preparing a practical offer.  Lastly, be ready to make a decision and listen to your Realtor for the right move. Act now and ask for more details…

Be reminded your privacy is respected and please share this site with others. Recommendations are appreciated and never an obligation or commitment with Raphael. Just good old fashioned service to assist you in your home purchase.

Tags: , ,

Written by //Discussion: Please leave a comment.

Silver Lake Houses For Sale Just Listed – Stylish And Elegant

filed under: Atwater Village/Silverlake, North East Los Angeles Buyers News, North East Los Angeles Sellers News, Northeast Los Angeles Area Info posted on August 27th, 2010

Escrow Process

 The Silver Lake community has seen a total of 4 homes just come on the market for buyers that are absolutely awesome. We see these houses for sale range in price from $720k to $1.6 mill. and each has a number of special amenities supporting the price.

$ 720k, 2428 Panorama Terr, 2+2, 1568 sq. ft. on a 5600 sq. ft. lot

$ 900k, 2562 Corralitas, 3+4, 2356 sq. ft. on a 10803 sq. ft. lot, new construction

$ 1.1mill, 2143 Panorama Terr, 3+2, 2000 sq. ft. on a 5170 sq. ft. lot, views-pool

$ 1.6mill, 2275 Micheltorena, 3+3, 2700 sq. ft. on a 5400 sq. ft. lot, 1930′s villa

Home sellers are averaging about 60 days before accdepting an offer but inventory has recently doubled in the amount of homes for sale in the community. Presently the upper more stylish and elegant homes are being priced at the amount of $498 per sq. ft. The standard for the Silver Lake area is more in the $464 range but condition and amenities make the difference. Sellers know bright appeal is critical.

Home buyers need to be represented by a local Realtor for the best benefit in knowledge and negotiations. Raphael is local and can arrange showings of these newly listed homes and prepare informational sheets on each and any home being shown. Let Raphael guide you through the current jungle of houses for sale to that perfect residence meeting your needs. You can receive breakthrough results on presenting an offer properly prepared. Contact Raphael today to discuss your needs.

Home Buyer/Home Seller Tip;

One must keep in mind to inspect wood for rot and termite damage when wood touches the soil. Wood that is in constant contact with soil is prone to rot and attack from wood-eating termites. Inspect vulnerable areas of the property and then obtain recommendations on various local termite companies. Raphael maintains a list of various home service providers that can assist in any project. Needing an estimate on any project is a simple contact to Raphael to obtain a few recommendations.

Information is always private and confidential so be comfortable on this site…

Tags: , , ,

Written by //Discussion: Please leave a comment.

Glassell Park Raves About Real Estate Options

filed under: Glassell Park, North East Los Angeles Buyers News, Northeast Los Angeles Area Info posted on August 21st, 2010

 

Real Estate Today

 Glassell Park divulges breakthrough real estate options for those home buyers seeking that ‘edge’. What does this mean and what will it do for me??? I believe ‘this’ phrase will fly through your mind. As a local resident Realtor, I see Glassell Park as just presenting the facts on the movement of properties within its borders.

Let me be more specific, for I will present the numbers allowing ‘you’ to judge the value. Glassell Park has a total of about 15k households which gives us a base idea on this diverse Northeast Los Angeles neighborhood. The past month has seen the amount of inventory of homes for sale soar from about two month supply to now six.

It is a big benefit that home buyers to this community have the edge on buying for now negotiations are made key to any transaction. As a local Realtor, Raphael, is the person you want as an honest, experienced, reliable and understanding professional at your side. The buyer now has regular sales, short-sales, bank-owned, probate as the most popular categories. I am not only a Realtor but also certified in bank-owned and short-sale properties.

The month of August has brought a new total of 79 active houses for sale with 15 new listings added this month. Now you wonder is this an edge? Raphael adds to the equation that 9 homes are bank-owned and 22 are short-sales seeking an offer the lender will accept.

A total of 17 homes have sold so far this month and 14 are pending, in escrow. The average time for a home to sell in this neighborhood is around 76 days with the price per foot in the immediate $300 range. The edge you are gaining should be a little more obvious at this time. It is your Realtor, as your representative, that needs to bring you this sort of edge along with expertise and inside knowledge of what Glassell Park is all about. Northeast Los Angeles occupies a great location that offers a prominent spot to commute from. We all constantly hear and read about how location is a major factor in the quality of life in Los Angeles.

A variety of pockets exist within the boundaries of Glassell Park that have not only diversity but a switch in ethnics, household income and education level. This N.E.L.A neighborhood is a good size with a net population of approximately 15k ‘households’.

Learn fast and seize the moment by acting now and contacting Raphael. You will have your questions answered and given a new fresh perspective on Glassell Park. Vast opportunity exist in real estate today with historic low interest rates. Think real estate today for a more positive tomorrow. Act now for you or your friends…

ALL INFORMATION IS PRIVATE SO BE COMFORTABLE IN SHARING INFO.

Tags: , , , ,

Written by //Discussion: Please leave a comment.

Northeast Los Angeles New Home Buyer Protection Is A New Benefit

filed under: Atwater Village/Silverlake, Eagle Rock, Echo Park, El Sereno, Glassell Park, Highland Park, Los Feliz, Mt. Washington, North East Los Angeles Buyers News, Northeast Los Angeles Area Info posted on August 9th, 2010

N.E.L.A Home Buying

 Home buyers in search of that sensational property in the Northeast Los Angeles Communities now have a new resource coming on board to be of service. The U.S. Government is in the process of implementing a new agency that will help maintain the rights and legality of process for today’s home buyer. The communities of Mt. Washington, Highland Park, Eagle Rock, Glassell Park, Atwater Village, Silver Lake and others have much to offer a buyer besides prime location. The inventory of homes for sale are right and with Raphael, a local resident Realtor, the specifics of each neighborhood can be clearly identified.

So let’s get to this new agency that is being put in place to assist and protect active qualified home buyers. What the new consumer protection bureau will do is to be part of the financial reform bill signed into law by President Obama which includes the creation of a Consumer Financial Protection Bureau, which will write new rules and monitor problems and abuses in areas such as residential real estate settlements, credit scores, “truth in lending,” and equal credit opportunity. It is all definitely needed to ensure property transactions are done the right way with the reliable assistance of a professional Realtor.
One of the earliest and most widely anticipated changes expected to take effect impacts home appraisals.  By law, the agency must create new interim rules on appraisal accuracy and independence to replace the Home Valuation Code of Conduct rules imposed by Fannie Mae and Freddie Mac in 2009.  Many in the real estate industry, as well as home buyers and sellers, report that previous standards led to low home valuations that, in some instances, derailed home sales transactions in many instances. It is a matter that local Realtors in N.E.L.A had to deal with in the past at various times depending on the individual transaction.
A national hotline system will also will be developed that will allow aggrieved mortgage borrowers and others to issue complaints and alert the Bureau to unfair and deceptive practices. We have all seen and heard of a variety of bizarre processes that have been in operation by certain providers to the real estate community.

Seeking to purchase that custom, craftsman, vintage or view home in Northeast los Angeles then stay in touch with Raphael. Numerous ideas and assistance is presented in this site so take a few minutes to see all the free benefits brought to YOU the home buyer. The ease of purchase with interest rates in the 4% range  make it a real bargain to purchase that new home today. So don’t hesitate and act now to contact Raphael for more reliable and updated information on any N.E.L.A neighborhood.

All details are confidential and feel comfortable to share your information on this site…

Tags: , , ,

Written by //Discussion: Please leave a comment.

Mt. Washington Real Estate Erupts No More

filed under: Mt. Washington, North East Los Angeles Buyers News, Northeast Los Angeles Area Info posted on June 10th, 2010

Trust

TRUST

Mt. Washington real estate has recently seen an interesting change in the houses for sale. What can it be? The answer to this question is the amount of inventory of houses for sale is shrinking. The community that is sought by many for its renowned elementary school and park like surroundings is not having much turnover.

June has only brought 4 new houses for sale;

$469k,   3+2,  4752  Frieda Dr,  1128 sq. ft. on a 5314 sq. ft. lot
$549k,   2+1,   363  Canyon Vista Dr,  1100 sq. ft on a 4950 sq. ft. lot
$594k,  3+3,   1611 Killarney Ave,   3600 sq. ft. lot
$850k,  3+2,   3744 San Rafael Ave,  1632 sq. ft. on a 13500 sq. ft. lot

These new additions are all regular sales to this fantastic community of Northeast Los Angeles. We continue to see fewer bank-owned and short-sale homes enetering the market in Mt. Washington.Home buyers need to be well informed for the range of homes start with standard to hillside to view properties. As a resident Realtor I can equate the pros and cons assisting the home buyer for each type of home. The neighborhood requires an experienced guide to navigate the values of each home for sale supportin a qualified buyer.

The price per square foot has been inching upwards and now stands at $348 for May. The specific street and immediate surroundings is an important factor for appraisal that must also be considered. Homes are also selling for near or at the listed price at this time. My only purpose is to deliver successful results and negotiations is one of my key elements.

Act now and allow me the opportunity to bring you my experience which has its rewards for you. See how easily the right home can be found in Mt. Washington with a Realtor that can guide you to satisfaction. Obviously you may want to know more on these four homes and others. Check my custom ‘Home Search’ page for pics, community info and more.

No-Obligation No-Committment, plus your privacy is respected…

Tags: , , , , ,

Written by //Discussion: Please leave a comment.

Atwater Village Brings A New Taste Of Culture

filed under: Atwater Village/Silverlake, North East Los Angeles Buyers News, Northeast Los Angeles Area Info posted on May 31st, 2010

Well Atwater Village for many is the place to own real estate. 

90039

 

One of the attractions that the community has is the local playhouse and what it offers the communities of Northeast Los Angeles. Here is one of the latest hip events that is just getting started for all to enjoy. Remember that this community is full of artist, musicians and a ton of film industry related persons bringing a great diversity to the neighborhood. Check this out… 

The Atwater Playhouse:
3191 Casitas Ave.
Los Angeles CA 90039
Ph: 323-556-1636  

Atwater Playhouse Presents
A New World Premiere
TICK-TOCK

Written by: Roland Allen
Directed by: Jamie Paolinetti 

Every Friday and Saturday Night, June 4th – July 10th, 8pm. 

Artwork by Vivian Flynn There are but a few undeniable truths in the world. One of these truths is that time changes things. How we as a people respond to these changes is the canvas on which the characters of “Tick-Tock” will live out their journey together. 

Jake and Julia have been married for seven years, and Julia’s biological clock is suddenly ringing the alarm bells at full volume. Jake can’t quite hear it. The play opens with a celebration for one of the couple’s close friends, and ends just over a year later as the ramifications of the choices made are exposed for the audience to consider, examine, and experience. 

This life-changing journey of soul searching, discovery, and heartache will be the reason we will not want to look away for even a moment. 

So, get in the groove and make plans to have an evening out at a local venue. The price is right for all to enjoy; 

  • General admission – $15
  • Seniors and Students – $10
  •  

    Atwater Village

     

    Home buyers looking at the community ro purchase 

    will find that this is just a touch of what the neighborhood brings in culture and entertainment. The community of Atwater Village includes Silverlake which is a very desirable pocket within the same zipcode of 90039. 

    Need to know more and wondering what homes are selling for then ask. I, as your local Realtor, will supply you all the detailes data that you will need to know. Browse my custom ‘Home Search’ for easy accurate data regarding what is available roght now. 

    Don’t wait and hesitate for time is of the essence when real estate is involved. Let me know your plans so I can assist you. It cost you absolutely nothing but a little time. My past performance is a guarantee of future success that my clients really appreciate. 

    Your privacy is always respected, contact me now and benefit… 

    Tags: , , ,

    Written by //Discussion: Please leave a comment.

    Mary Speaks To A Home Buyer About A Home Inspection In Highland Park

    filed under: North East Los Angeles Buyers News, Northeast Los Angeles Area Info posted on May 2nd, 2010

    modernisticonographs fr pinkmoose

    Home Inspection

    Where does a home inspection start ask a first time home buyer just entering the real estate market? Mary smiles and says, the minute the inspector sets eyes on the property. Who’s Mary I get questioned on and I explain. Mary owns a great reliable and trusted Home Inspection Co. called the ‘Advanced Group’.

    I often listen to Mary give insight on how foundations can have issues and persons not even knowing it for starters. Electrical panels that are inadequate to supply the power a home needs today.  A roof with three levels of shingles on it. Thermostats that are more of and on-off switch since the auto is not functional.

    Water is far and away the number one enemy of foundations in terms of the cumulative damage that it indiscriminately does to so many homes.
    The photo shown depicts that the expansive quality of the soil has heaved up when wet and contracted when dry and in so doing, left a large enough gap for a hand to easily fit into.Many specific area may need a specialist such as foundation repair see ‘Foundation Works’ for new and old real estate.

    Electrical and Plumbing are other critical factors to be well looked at throughout the house. Sewer

    Electrical

    Electrical

    lines going to the main can be very unknown and often overlooked. I also suggest hard looks at the electrical such as how effective and competent is the power to a family’s needs.

    I can suggest reliable service providers to assist in not only the home inspection but also for specific areas of concern. Homes in Highland Park are for the majority, decades old. I recommend Advanced Group who is fully qualified and competent for this. When it comes to knowing your real estate this is where the entire process begins.

    Use a reliable source, I can help. All communication is confidential.

    Tags: , , , ,

    Written by //Discussion: Please leave a comment.

    Breakthrough Offer For Home Buyers And Home Sellers In N.E.L.A.

    filed under: North East Los Angeles Buyers News, North East Los Angeles Sellers News, Northeast Los Angeles Area Info posted on April 13th, 2010

    Northeast Los Angeles home buyers and home sellers can now obtain an extra benefit from their ‘local’ Realtor. I, Raphael, am not a discount broker but one that does more to enhance the value of Northeast Los Angeles. I am now making this special offer to assist those presently becoming active in N.E.L.A real estate. The specified benefit will be applied during the escrow process when all calculations are detailed.

    Home Seller – I understand how a home seller may appreciate an additional benefit and therefore have decided to make this special offer for the remainder of 2010.I will reimburse the home seller for the cost of a home warranty plan for one years coverage on the house to the new buyer.

    Home Buyer – I will reimburse my home buyer at escrow for the cost of a one year home warranty plan. This awesome offer is available from now till the end of 2010.

    I would appreciate your recommendations to those that are active in the real estate market. Drop me a simple note and I will reply quickly. Thank You

    Tags: , , , , , , , , , , , , ,

    Written by //Discussion: Please leave a comment.

    Northeast Los Angeles Realtor Announces Special Real Estate Offer

    filed under: Atwater Village/Silverlake, Eagle Rock, Echo Park, El Sereno, Glassell Park, Highland Park, Los Feliz, Mt. Washington, North East Los Angeles Buyers News, North East Los Angeles Sellers News, Northeast Los Angeles Area Info, South Pasadena posted on March 26th, 2010

    Caring N.E.L.A Realtor

    Caring Realtor

    Northeast Los AngeleslocalRealtor announces a special offer regarding real estate. I, Raphael, have made a decision to assist my clients that are home buyers or home sellers in this current down economy. I am making this special offer as a way to give more benefit to my clients that are becoming active in the N.E.L.A real estate market.

    Home Sellers – I will now reimburse a home seller for the cost of a home warranty plan that is given to the buyer as part of the contract. The reimbursement of this insurance plan will be done at time of escrow when all cost are calculated. The reason for this unique offer is to show that as a ‘local’ Realtor, there is honest concern to help clients save.

    Home Buyers – I will now reimburse a home buyer for the cost of their home inspection on the property being purchased as part of the contract. The reimbursement of the home inspection will be done at time of escrow when all cost are calculated. It is just an added benefit to the home buyer to feel comfortable and special in this major investment.

    These two remarkable offers will be in effect immediately and be active till the end of 2010. I, as a Realtor, understand the importance of caring, understanding and helping my clients for a positive real estate experience. The Northeast Los Angeles communities have something to benefit every family and it is my way of giving something back. Raphael is not a discount broker and absolutely no services will be cut due to this extra0rdinary offer to my clients.

    Raphael encourages all clients to be well informed of market conditions and offers custom confidential home search on this site. I also have special tips for home buyers and home sellers to view and become more knowledgeable.

    Have a question to be answered on N.E.L.A real estate? Act now with a simple request or make that call. Your privacy is completely respected as I am here to serve my clients for a win-win transaction.

    Tags: , , , , , ,

    Written by //Discussion: Please leave a comment.

    Northeast Los Angeles Real Estate Thought

    filed under: Atwater Village/Silverlake, Eagle Rock, Echo Park, El Sereno, Glassell Park, Highland Park, Los Feliz, Mt. Washington, North East Los Angeles Buyers News, North East Los Angeles Sellers News, Northeast Los Angeles Area Info posted on March 24th, 2010

    Real Estate Thought

    Real Estate Thought

    Northeast Los Angeles real estate now has delightful new market thoughts to consider. Now What, you say to yourself. I, Raphael your local Realtor,  is now going to let you in on these somewhat hidden matters of real estate importance.

    We are all aware, that the Federal Reserve has been buying mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac since early 2009.  The purchase program assisted greatly in maintaining  low interest rates for home buyers.  The Federal Reserved has recently announced it will end buying these securities at the end of March.  The majority of analysts believe this will result in rates during the year.
    In addition, the federal home buyer tax credit is also set end April 30. First-timers already buy  around 49% of homes sold in N.E.L.A. A point to consider with this fact is that about half  of the  sales last year were short-sale or bank-owned homes.

    So what does this all add up to? I see it as a point that will have an impact to first time home buyers. The home seller will be able to evaluate and make decisions on pricing and buyer requirements in a more educated manner.  The purchaser that just makes it over the hump to qualify will have to get an update on their loan and amount allowed. A slight rise in the interest rates and take away the tax credit will definitely impact some currently qualified home buyers.

    In my opinion, the banks will throw out a few curves in their home loan processing. The initial deposit on an offer will need to be 20% for preferred conventional loans having the best interest rates. Lastly, my belief is that the qualifying bar on credit scores will also be raised to a higher standard.

    I, as your local N.E.L.A Realtor, strongly urge that a buyer shop two major lenders for comparison when seeking the best loan value. In addition, initialize an accurate home search of your desired community in Northeast Los Angeles. I have a custom program that is up to date and easy to use. You will appreciate the  simple form for getting started on a ‘realistic’ home market analysis here.

    As a professional Realtor, I am here to provide you the benefits of experience and knowledge in bringing you a proven advantage as buyer/seller. Don’t you agree that the impact of these changes can be ‘scary’?

    Take action now and update yourself by speaking to a proven professional on the present financial happenings. Should you not have an awesome loan agent then a direct lender can be recommended to you. It is best to have all clients as knowledgeable as possible in current real estate matters for fantastic win-win transactions.

    Your information is protected and always confidential.

    Tags: , , , , ,

    Written by //Discussion: Please leave a comment.