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news: Lenders are using a variety of tools to prevent mortgage fraud - 05/14/12 08:11 PM

Lenders are using a variety of tools to prevent mortgage fraud Happy Monday everyone! We hope you had a great weekend and had a chance to spoil your moms yesterday. Take a look at this important news article from the Los Angeles Times: Don’t even think about fudging on your application for a mortgage by inflating your income a tad, checking the box to indicate you’re…Read More
 
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news: Get a foreclosure review before it's too late! | via Dom Naidoo | Westside Properties - 05/07/12 07:50 AM
Happy Monday everyone! I hope you had a fabulous weekend and enjoyed some rest. I have to share this news article from MarketWatch..
Homeowners who had a mortgage in any stage of the foreclosure process in 2009 and 2010 and who think they may have been victims of errors or other problems in the process may be eligible for compensation.
But time is running out.
The Federal Reserve Board issued enforcement actions against 14 major mortgage servicers last year, requiring them to retain independent consultants to review foreclosure cases from that time period. The reviews are to determine if a consumer … (0 comments)

news: HUDs Donovan: Fannie, Freddie Should Embrace Loan Forgiveness - 02/20/12 05:04 PM
Happy Presidents Day everyone! I hope you are enjoying the holiday! 
I had to share this video from the Wall Street Journal website(scroll to bottom for video)..
 
Westside Properties is a full-service real estate boutique brokerage based in Venice serving the entire Westside of Los Angeles.  We proudly represent the finest properties throughout the Westside. We work as a team and combine our extensive real estate experience, powerful resources and connections to benefit you whether you are looking you buy or sell a home in today's exciting and lucrative real estate market.
Call us now to get started on the … (1 comments)

news: Co-signing a mortgage for a grandchild | Real Estate news via Dom Naidoo - 01/11/12 11:12 PM
Happy Wednesday everyone! I hope you have enjoyed your day and ready for the downhill to the weekend! This is a very good article on MarketWatch.com that I had to share with my readers...
WASHINGTON (MarketWatch) — Question: My elderly father is interested in co-signing the first loan for my daughter and her husband but is nervous about actually lending them any money. My daughter and her husband are stably employed and plan to make all the payments. The homes they are looking at are in the $200,000 range. Their combined annual income is around $85,000, but with a bunch of … (3 comments)

news: Urban farming taking root in Santa Monica - 01/05/12 10:25 PM
I love the Farmers' Markets and enjoy my green thumb! I had to share this article from the Santa Monica Daily Press...
CITYWIDE — People flock to Santa Monica's thrice-weekly Farmers' Markets for their pick of fresh produce from the Golden State, but a handful of Santa Monicans are joining a movement that takes "local" to a whole new level.With the help of a Los Angeles-based company called Farmscape (www.farmscapegardens.com), approximately 10 Santa Monicans brought the farm home to their front and back yards in the form of raised beds that Farmscape's employees tend once a week.Depending on the size of … (5 comments)

news: Tax deadline extended two days this year - 01/04/12 11:48 PM
I will take the two extra days! I'm sure I'm not alone haha. Here is the information from the article on Marketwatch.com...
 
The normal deadline, April 15, falls on a Sunday this year. And Monday, April 16, is Emancipation Day in Washington. Any holiday in Washington is like a national holiday for tax-filing purposes.
If you’re an early-bird filer, more likely to send in your tax return in January than April, then Jan. 17 is your date to get going. That’s the first day the IRS will accept electronically filed returns, and those filed through the “free file” program.
If … (1 comments)

news: Santa Monica: Scientists provide testimony on air quality at municipal airport - 12/11/11 08:51 PM
This is an interesting read. I retrieved this story from argonautnewspaper.com
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news: Fox NFL Sunday's Terry Bradshaw Lists Florida Property | Celebrity real estate - 12/11/11 08:35 PM
Fox NFL Sunday’s Terry Bradshaw Lists Florida Property Former Pittsburgh Steelers great Terry Bradshaw aims to part ways with his Bradenton, Florida property. Currently the biggest ham on Fox NFL Sunday not named Jimmy Johnson, … [Read More]



Westside Properties is a full-service real estate boutique brokerage based in Pacific Palisades serving the entire Westside of Los Angeles.  We proudly represent the finest properties throughout the Westside. We work as a team and combine our extensive real estate experience, powerful resources and connections to benefit you whether you are looking you buy or sell a home in today's exciting … (0 comments)

news: Santa Monica residents look at Bergamot Station options - 12/11/11 08:22 PM
More interesting news from Santa Monica Daily Press..
LINCOLN MIDDLE SCHOOL — In its history, Bergamot Station has been a rail stop and an international art destination. By 2015, the iconic site will have to be both, and planners are running into a mix of opinions within the community on how to do that and make the arts center an economically viable endeavor....more
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news: MALIBU HONORED WITH SENATOR'S FIRST SUSTAINABLE CITY AWARD! - 12/11/11 08:18 PM
I love sharing great news! Happy Sunday everyone! I hope you have enjoyed your weekend and staying warm at home...
November 29, 2011
At the City Council meeting on November 28, 2011, State Senator Fran Pavley honored Malibu as the first recipient of her new Sustainable City Award in recognition of the City's policies and practices which protect and preserve the environment.
 
The Senator congratulated the City for awards previously bestowed for its projects, such as Legacy Park and LEED-certified building, and commended Malibu for its leadership in being one of the first cities to ban plastic bags.
 
"You're sending … (0 comments)

news: westsidehomefinder.com recently blog posts - 12/07/11 05:45 PM

Rate on 30-year mortgage falls to 3.98% Happy Monday everyone! We are always happy to share good news… WASHINGTON –The average rate on the 30-year fixed mortgage hovered above its record low for a fourth straight week. But cheap mortgage rates have done little to boost home sales or refinancing. Freddie Mac says the rate on the 30-year fixed loan fell to Read More
 

Pamela Anderson Renting Out Malibu Colony House “Inspired by Lautner” on VRBO Real Estalker has dug up a listing for Pamela Anderson’s Malibu house on vacation rental site VRBO, and it doesn’t go the coy … (0 comments)

news: Freddie, Fannie halt evictions for the holidays - 12/06/11 08:36 PM
Well HO HO HO! This is definitely good news for defaulting borowers!! Take a look at this article from Marketwatch.com
Some families in the process of losing their home to foreclosure will get a grace period during the holidays.
Fannie Mae and Freddie Mac announced this week that they will be suspending evictions of foreclosed single-family and 2- to 4-unit properties between Dec. 19 and Jan. 2.
“If the property is occupied, our foreclosure attorneys will suspend the eviction to provide families a greater measure of certainty during the holidays,” said Tracy Mooney, senior vice president of servicing and REO at … (4 comments)

news: 30-year mortgage averages 4%: Freddie Mac Rates on adjustable-rate mortgages continue to fall - 12/01/11 10:13 PM
I had to share this article from Marketwatch for my consumers. Good news in real estate is refreshing! Happy house hunting home buyers :)
CHICAGO (MarketWatch) — For the fifth week in a row, rates on 30-year fixed-rate mortgages averaged at or below 4%, according to Freddie Mac’s weekly survey of conforming mortgage rates, released on Thursday.
The 30-year mortgage averaged 4% for the week ending Dec. 1, up slightly from 3.98% last week. The mortgage averaged 4.46% a year ago.
Fifteen-year fixed-rate mortgages averaged 3.3%, unchanged from last week and down from 3.81% a year ago.
Meanwhile, rates on adjustable-rate … (1 comments)

news: Americans in November more confident about economy - 11/29/11 11:08 PM
Happy Tuesday everyone! I feel blessed to have the opportunity to share positive real estate news TWO days in a row!
(11-29) 07:48 PST New York (AP) --
Americans' confidence in the economy in November bounced back to its highest level since July, the latest sign that consumers are beginning to feel more cheerful about spending during the holiday shopping season.
The Conference Board, a private research firm, says Tuesday that its Consumer Confidence Index rose 15 points to 56.0. That's up from a revised 40.9 in October — the lowest level since the recession — and the biggest jump since … (2 comments)

news: Rate on 30-year mortgage falls to 3.98% - 11/28/11 02:35 PM

Happy Monday everyone! We are always happy to share positive news from usatoday…WASHINGTON –The average rate on the 30-year fixed mortgage hovered above its record low for a fourth straight week. But cheap mortgage rates have done little to boost home sales or refinancing.
Freddie Mac says the rate on the 30-year fixed loan fell to 3.98% percent from 4% the previous week. Seven weeks ago, it dropped to a record low of 3.94%, according to the National Bureau of Economic Research.
The average rate on the 15-year fixed mortgage edged down to 3.3 percent from 3.31%. Seven weeks ago, … (2 comments)

news: Housing Affordability Improves Throughout California, Led by Low Rates, Home Prices, C.A.R. Says | Real Estate news via Dom Naidoo - 11/21/11 08:42 PM
Happy Monday everyone! I hope you had a great weekend and survived the rain.
I love hearing positive real estate news:
LOS ANGELES, Nov 10, 2011 (BUSINESS WIRE) -- Lower home prices and record-low interest rates in the third quarter of 2011 contributed to an improvement in housing affordability for California home buyers, the CALIFORNIA ASSOCIATION OF REALTORS(R) (C.A.R.) reported today.
The percentage of home buyers who could afford to purchase a median-priced, existing single-family home in California rose to 52 percent in the third quarter of 2011, up from 51 percent in second-quarter 2011 and was up from 46 percent … (0 comments)

news: California real estate group expects modest rise in home sales, prices in 2012 - 09/26/11 09:16 AM
I found this article on housingwire.com very interesting...
California home sales and median prices should improve only slightly in 2012, as the the tepid economic recovery, uncertainty and tight lending keep the lid on greater momentum for housing.
The California Association of Realtors forecasts the state's home sales will grow about 1% next year to 496,200 units, following essentially flat sales of 491,100 this year. CAR said 491,500 homes sold in 2010...Read more
To preview the finest real estate and the best deals on the Westside of Los Angeles including Pacific Palisades, Santa Monica, Malibu, Brentwood, Bel Air, Beverly Hills, Westwood, Century City, … (2 comments)

news: Pacific Palisades Real Estate Blog | Monday 05-02-2011 | Dom Naidoo - REALTOR® | OBL Dead! - 05/02/11 10:03 AM
Happy Monday everyone! I hope you had a great weekend. The weather was amazing in Southern California!
BREAKING NEWS: Osama Bin Laden killed!!
here is a snip from the Los Angeles Times...
President Obama personally gave the order Friday that sent a small U.S. team by helicopter to the compound near Islamabad where American operatives killed Osama bin Laden, his adult son and three others, including a woman used as a human shield during the firefight, U.S. officials said this morning.Pakistani officials were not told beforehand about the operation, which took less than 40 minutes Sunday, officials said. An American helicopter … (0 comments)

news: Pacific Palisades Real Estate Blog | Monday 03-28-2011 | Japan Quake Raises Home Owner Insurance Questions in California | Dom Naidoo and Josh Barre | WestsideHomeFinder.com 310.459.8191 - 03/28/11 05:22 PM
Happy Monday everyone! I hope you had a great weekend!
Here is a snip of my latest blog post on www.WestsideHomeFinder.com: 
Japan Quake Raises Home Owner Insurance Questions in California
March 17—The crisis unfolding in northern Japan has prompted many California home owners to review their insurance to make sure they would be covered if a devastating earthquake hit the state. Added to their list of concerns is whether they’d be protected against tsunami-induced flooding or radioactivity released from one of California’s two nuclear power plants or other facilities that store nuclear...
To view the full post, please click to my … (0 comments)

news: California safe from National Foreclosure Issue - 11/09/10 03:18 PM
Happy Tuesday everyone! I found this article from the Fresno Bee very interesting and felt the need to share with you....
Nov. 07—When Bank of America announced a stop on foreclosure sales nationwide, it added to concerns in the Valley, which has been hit hard by the housing downturn and has seen more than its share of foreclosures. Buyers in the middle of foreclosure transactions wondered whether there would be a delay. Some who recently bought foreclosed homes feared their paperwork might have problems. And some who lost their houses to foreclosure wondered whether they might somehow get their houses back. … (1 comments)

 
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Dom Naidoo | Santa Monica real estate expert

Santa Monica, CA

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Address: 2814 Abbot Kinney Blvd., Venice, CA, 90291

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