What is a Short Sale? - 04/30/08 07:17 PM
Pasadena, CA - there's a lot of talk about short sales and foreclosures lately.  It's in the news.  Books are being published about short sales.  There are even radio commercials talking about short sales.
I think most people have a pretty good idea what a foreclosure is, but there's still quite a bit of confusion on what a short sale is.
A short sale simply means that a bank is willing to accept less money than what the owner owes on the property because the house can not sell at a price high enough to cover the mortgage fully. 
Here is a quick example:
Home was purchased … (2 comments)

What can you get for $9.3 Million in San Marino - 04/29/08 12:51 AM
I am always fascinated by the beautiful San Marino homes.  This San Marino estate is just stunning.  It was listed for sale in San Marino a couple of days ago and is being offered to a lucky buyer who can come up with $9,300,000.
Where?  1385 Old Mill Road, San Marino
This home offers 8 bedrooms and 7 baths, has over 8,100 sq. ft. per assessor and sits on 82,126 sq. ft. of land.
This home is described by the listing agent as:
˜This elegant, gated Spanish Colonial Revival estate is located in the heart of San Marino.It is situated on a nearly 2A parcel of … (6 comments)

Pasadena CA Real Estate Agent Interviewing Tip - 04/28/08 10:22 AM
Earlier today, I had an appointment with a home seller in Pasadena.  He had his home listed on the market and in the period of two months had only a few showings.  His listing expired and he is now in the process of interviewing to find a Pasadena real estate agent that he can trust to handle the sale and marketing of his home.  A very smart move on his part given the diversity of experience in the Pasadena real estate market place.
His previous real estate agent entered his home in the Multiple Listing Service (MLS).  Thats great, right?  NO¦  … (11 comments)

Important Property Tax Reassessment Info for Pasadena CA Homeowners - 04/25/08 09:49 AM
If you are a homeowner in Pasadena or any of the Los Angeles County areas and your home value has declined, this article is for you.
Today, I had an opportunity to meet with and interview Carol Wong Quan.  Carol is a Special Assistant with Los Angeles County Assessors office.  She was excited about the proactive approach that the Assessor is taking in re-evaluating single family homes and condos for a possible Decline-In-Value reassessment.
If your home was purchased between July 1,2004 and June 30,2007, you do not need to do anything.  The assessors office is actively reviewing 316,000 parcels to see if … (6 comments)

Pasadena CA Real Estate Agents and Short Sales - 04/22/08 12:51 AM
Did you know that most Pasadena agents will not show their buyers available homes for sale that are in a ‘short sale' process?
Why?
Most Pasadena real estate agents do not understand how to work with a ‘short sale'.  They do not understand how to counsel their buyers appropriately and do not want to put in the time or effort into the short sale, thus avoiding any listings that state that they are ‘short sales'. 
We have been fortunate over the last 6 to 8 years not to work with loss mitigators at the banks in handling these home sales.  It is an art … (11 comments)

Active Rain/TweetUp Get together - 04/11/08 11:56 PM

Want to meet some of your Active Rain/Twitter friends to share ideas and learn from one another?
Well, here's your chance:
When:  May 2nd
Where:  Marmalade Cafe in Sherman Oaks
Who:  Everyone is welcome!
Follow the link for more information - http://upcoming.yahoo.com/event/470926/?
Space is limitted... so please respond quickly.  Thanks and hope to see you there!
… (5 comments)

Real Estate Market Statistics for Pasadena and surrounding cities - 04/11/08 12:04 AM

… (7 comments)

 
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Pasadena CA Real Estate - Irina Netchaev

Pasadena, CA

More about me…

Pasadena Views Real Estate Team, Inc.

Address: 2100 Huntington Drive, Ste 2, San Marino, CA, 91108

Office Phone: (626) 629-8439

Cell Phone: (626) 627-7107

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