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property conditions: Are FHA property guidelines as clear as mud in your town as they are in Los Angeles? - 08/17/10 03:43 PM

This house might need be worth the fight... 15 days into escrow and you found out the house does not meet FHA conditions. Sound familiar, well, it is in these neck our the woods of Southern California.
It seems more than ever we are getting agents and homeowners in the Los Angeles area coming to us with FHA compliance concerns over the houses they are listing and selling. The sellers have made all known "repairs" in the house, upgrades galore, and even had their "handyman" copper re-pipe. All good for FHA? Not quite. The buyers are qualified for FHA financing, … (1 comments)

property conditions: NEW TREND: Ugly Pics DO Sell Houses. - 03/23/10 04:32 PM
Pool smells like a septic tank! Lawn is horrible! Bring all buyers!
Believe it or not, this type of marketing just might be the newest trend in marketing.
I am a member of 5 Realtors boards throughout the Los Angeles area from Lancaster to Hollywood. I listen to about 100-150 pitches at MLS meetings every week where Realtors stand up and describe their listings to other Realtors. "Beautiful"... "Gorgeous"... "Breathtaking Views" are the typical cut and paste remarks; however, I have noticed a trend taking place. I am starting to hear, "Ugly____"... "Needs a TON of Help"... and "Broken _____" used … (24 comments)

property conditions: How to Hand an Inspection Report to a Buyer Blindfolded - 03/19/10 03:11 PM
I was recently at a meeting with a large group of Realtors where the invited guest was an attorney. He spoke specifically about real estate agents and brokers responsibilities in conducting a reasonably competent and diligent visual inspection of a property. He spoke about the agent's professional duties in representing their clients and mentioned the importance of a physical inspection by a qualified home inspector.He covered the anxiety issues that agents have when inspectors come on the property and fears of agents' buyers walking away from potential sales. He said not to worry, once the report comes in, just hand the … (9 comments)

property conditions: Homebuyers don't know this, so keep your mouth shut. - 12/17/09 12:41 PM
Do you remember when you received actual meals on the airplane? (I am not talking about when all the Realtors were flying first class.) On most flights today you can get excited when the peanuts come for a second round and the flight attendant gives you the full can of coke. I told my kids that back in the day we used to get the full can without asking for it, and even had full course meals. Now, because I let them in on the secret, my kids always ask for the full can on the plane, but we still can't do … (4 comments)

property conditions: Lesson from a banana sale... condition is the primary thing. - 11/17/09 03:26 PM
I never thought about buying a banana at a gas station. I was just paying for gas, but noticed the freshest banana I had ever seen at the counter. Just a single banana. Perfectly ripe. I love bananas but usually miss out on the "perfect timing" of eating a banana in its prime. I took advantage of the opportunity, and began eating it while I waited for my change.
Hold that banana thought...
"Buyers in this market are not concerned about property conditions. They are more concerned about buying the property than the condition of the property. Property conditions are secondary, … (6 comments)

 
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Jerry Bronstrup

Los Angeles, CA

More about me…

Bristol Builders, Inc. Your FHA Expert 866-775-8169

Address: 25020 Avenue Stanford, Unit 110, Santa Clarita, CA, 91355

Office Phone: (661) 294-1812 x 20

Cell Phone: (661) 816-6949

Email Me


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