los angeles real estate: House-flipper Jeff Lewis must be "Flipping Out" now that he's in escrow - 07/25/08 01:35 PM
Like one who reluctantly watches an accident, I occassionaly watch "Flipping Out" on Bravo TV.
"Flipping Out" features a mean spirited, obsessive-compulsive house-flipper, Jeff Lewis.
With a depressed real estate market prevailing, Jeff Lewis is now handling large remodelling projects for clients. He does however, still have a Los Angeles property that he … (8 comments)
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los angeles real estate: Zillow's Zestimates - Dealing with Incorrect Comps - 07/24/08 11:59 AM
As more and more Buyers and Sellers use the interenet to research their decision to buy or sell property, online sites are claiming to provide useable statistics for consumers.
My gripe is with Zillow which provides Zestimates for properties.
The "Zestimate" is "Zillow's estimated market value computed using a propretary formula".
I have … (14 comments)
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los angeles real estate: Tesla - The Ultimate Electric Car - 07/24/08 10:11 AM
Tesla - Now in production, the ultimate electric car is available for order.
With the urgent focus on reducing our dependance on foreign oil, this technology is more relevant than ever before.
100% Electric / 0-60 mph in 3.9 seconds and a top speed of 125 mph / 220 miles per charge / and as little … (11 comments)
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los angeles real estate: Record-breaking $47 Million paid for a Los Angeles Condo - 07/23/08 03:13 PM
Candy Spelling, widow of TV mogul Aaron Spelling, has purchased the top two floors of a new condo development in Century City, Los Angeles for an astounding $47 Million.
The 16,500-sq.-ft. penthouse is on the top floor of a residential tower ("The Century") currently under construction and is the highest price ever … (13 comments)
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los angeles real estate: The Answer to the Energy Crisis may be in the Wind - 07/23/08 12:36 PM
Legendary oil tycoon T. Boone Pickens promoting his new cause - using American wind to alleviate the nation's energy crisis and wean itself from dependency on foreign oil.
Pickens' plan calls for investing in enough wind turbines to provide 20% of the nation's energy and reducing oil imports by a … (8 comments)
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los angeles real estate: Estelle Getty of "The Golden Girls" has died - July 22, 2008 - 07/22/08 04:45 PM
I heard the sad news today that Estelle Getty died around 5:30 a.m. this morning at her Hollywood Boulevard home in Los Angeles. She was 84.
Estelle Getty played Sophia Petrillo on TV's "The Golden Girls" for which she won an Emmy and a Golden Globe Award.
"The Golden Girls", all four of them (Blanche, Dorothy, … (17 comments)
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los angeles real estate: Building a "Wind Farm" - a great source of power - 07/22/08 10:04 AM
Do you know what a "Wind Farm" is?
A wind farm is a group of wind turbines in the same location used for production of electric power. Individual turbines are interconnected with a medium voltage power collection system and communications network - Wikipedia
I was interested to read that New York … (12 comments)
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los angeles real estate: Does "Customer Service" exist at American Airlines? - 07/19/08 02:01 PM
I'm mad at American Airlines.
As a Frequent Flyer and loyal customer I expect an acceptable and reasonable level of Customer Service from this Airline. Unfortunately, I don't think American Airlines feels the same way. Let me tell you why:
On July 2, 2008 my partner and I had tickets to fly … (9 comments)
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los angeles real estate: Freddie Mac's chief earns over $10 Million despite disastrous performance - 07/19/08 12:55 PM
Freddie Mac's chief - Richard Syron - made $10.6 million last year, according to Freddie Mac's latest report with the Securities and Exchange Commission.
Syron was appointed Chairman of the Board and Chief Executive Officer of Freddie Mac in December 2003.
Freddie Mac's mission is to "provide liquidity, stability and affordability … (3 comments)
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los angeles real estate: Are you too fat? - CNN reports on the Top 10 Obese States. - 07/19/08 12:28 AM
These are the 10 States with the highest levels of adult obesity, according to a 2007 survey by the Centers for Disease Control and Prevention.
1. Mississippi, 32.0 percent2. Alabama, 30.33. Tennessee, 30.14. Louisiana, 29.85. West Virginia, 29.56. Arkansas, 28.77. South Carolina, 28.48. Georgia, 28.29. Oklahoma, 28.110. Texas, 28.1
Source: Associated Press … (22 comments)
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los angeles real estate: Donald Trump sells Palm Beach mansion for $100 Million - "Maison de L'Amitie" - 07/18/08 12:17 PM
The real estate market might be slumping, but not for Donald Trump, who sold his Palm Beach mansion for $100 million, his spokeswoman said Wednesday.
"In an age of so many people getting hurt in real estate, it shows that you can still do well in real estate," Trump told The … (11 comments)
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los angeles real estate: Finally, oil drops $14 a barrel - Is the "Oil Bubble" about to burst? - 07/17/08 02:01 PM
"Oil prices fell steeply Thursday, extending this week's decline to more than $14 a barrel, as natural gas prices tumbled and a report suggested that the United States may be establishing a diplomatic presence in Iran" - CNN Business News
It appears that the US Government is finally taking concrete steps … (12 comments)
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los angeles real estate: The Lure of the Cove - 07/17/08 10:33 AM
I love those wonderful opportunities that sprout up in your life, the kind that need to be grabbed a hold of before they slip through your fingers. I have a property that is just such an opportunity. Imagine luxury living, in the perfect location at a price that is life changing. … (0 comments)
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los angeles real estate: Californians will vote on banning same-sex marriage - November 2008 - 07/17/08 10:09 AM
"The California Supreme Court has cleared the way for Californians to vote in November on whether to ban same-sex marriages in the state."
" The court on Wednesday denied a petition to remove the initiative from the state's general election ballots. The unanimous decision was handed down without elaboration. On June 2, … (7 comments)
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los angeles real estate: Insuring your Money - The FDIC and the SIPC - 07/15/08 09:15 AM
With the failure of Indymac Bank we should all be reminded to check that our money is adequately insured.
The FDIC (Federal Deposit Insurance Corporation) insures bank deposits of up to $100,000 and up to $250,000 for funds in retirement accounts such as an IRA. Brokerage products are not FDIC insured.
The SIPC (Securities … (6 comments)
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los angeles real estate: Which Sports Car Are You? - 07/13/08 11:52 AM
What type of personality do you have?
A friend sent me an interesting little quiz which determines "what type of sports car you are" based on your personality. I cannot vouch for the accuracy of this test, but it's fun neverthless.
Apparently, according to the test, I'm a Ferrari: "You've got … (21 comments)
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los angeles real estate: Banking regulators close IndyMac - 07/11/08 07:40 PM
FDIC Information for IndyMac Bank, F.S.B., Pasadena, CA
"On July 11, 2008, IndyMac Bank, F.S.B., Pasadena, CA was closed by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. All non-brokered insured deposit accounts have been transferred to IndyMac Federal Bank, F.S.B., Pasadena, CA … (11 comments)
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los angeles real estate: West Hollywood Condo Report - June 2008 - Market Update - 07/11/08 06:30 PM
JUNE 2008
CONDOS:
Median Price: $585,000
Average Selling Price: $657,400
Average List Price: $687,343
Therefore, Average Sales Price was 95.6% of List Price
Lowest Price Condo Sold: $375,000
Highest Price Condo Sold: $1,150,000
Number of Listings Sold: 30
MEDIAN SALES PRICES:
May 2008 - $519,000
April 2008 - $516,500
March 2008 - … (0 comments)
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los angeles real estate: Avoid Panic Selling - Greed and Fear drive all markets - 07/11/08 01:59 PM
Markets are driven by two human emotions: Greed and Fear.
In the height of the Stock Market technology boom everyone who had access to a Brokerage Account was buying stock in companies they knew nothing about. Without worries, the stock prices increased and they made money without thinking ... until the … (3 comments)
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los angeles real estate: Hot Weather = More Sales!!! - 07/07/08 01:05 PM
Hot Weather = More Sales!!!
It’s getting hot! Sarah Max, contributing senior writer at Cyberhomes, wrote this article about the relationship between the weather and home sales.
If you’d like me to send you a market report specific to your area, email me and you’ll receive it in your inbox…it’s that … (0 comments)
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los angeles real estate: Foreclosures: is help on the way from the California legislature? - 07/03/08 01:40 PM
First the bad news: L.A. Land, the Los Angeles Times real estate blog (quoting Bloomberg News service, quoting PropertyShark.com) reported that new foreclosures in Los Angeles nearly quadrupled in the second quarter. The post didn't say whether they meant LA County or City, but the news is not pretty either way.
… (0 comments)
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los angeles real estate: 4th of July Fireworks in Los Angeles! - 07/01/08 06:37 PM
4th of July Fireworks in Los Angeles!
Here’s a great list of 4th of July firework shows around Los Angeles. Enjoy the holiday and be safe!
To read the original article, click here: 4th of July Fireworks in Los Angeles! … (0 comments)
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los angeles real estate: A Seller with the Right Stuff - 07/01/08 03:14 AM
Contrary to popular belief this can be a good time to sell your home, provided you are willing to approach the sale with the right attitude. The market has changed significantly, so a seller in today's market needs to be smart about how they prepare their home for the sale process. … (0 comments)
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los angeles real estate: Beach Delight - 07/01/08 03:04 AM
This week's featured property is none other than the gorgeous ocean side Regatta. This luxurious residence is aptly named for the passing sailboats that regularly make their way through the Marina breakwater and out into the ocean beyond. This 20 story vision of glass and clean lines was built in 1999; … (0 comments)
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los angeles real estate: James Bond meets bluetooth technology - 06/30/08 09:23 AM
Sony Ericsson, in partnership with Fossil, has developed a brilliant wristwatch which does far more than tell the time.
The Bluetooth Watch MBW-100 is a classic premium analog timepiece with built-in wireless call handling and phone music player control.
Set in stainless steel and scratch-resistant mineral crystal, the MBW-100 dispaly shows caller ID … (6 comments)
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los angeles real estate: When is too many too much? - How many Listing do you have? - 06/29/08 05:36 PM
How many listings is ideal for an agent to handle at any given time?
I've seen agents list up to 15-20 properties at a time (sometimes even more). I understand and appreciate that a team can operate under the direction of a single "Master Agent", but since Real Estate is all … (21 comments)
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los angeles real estate: Happy 4th of July - It's vacation time - 06/28/08 11:16 PM
Best wishes to my fellow ActiveRainers for a happy, healthy and relaxing 4th of July.
I'm off to Jamaica (Montego Bay area) for some much needed rest and relaxation.
It's been a difficult 6 months so far this year. With that in mind I plan to relax, eat some great food and drink wonderful cocktails, enjoy the sun, the … (10 comments)
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los angeles real estate: The best PIZZA in Los Angeles - 06/27/08 05:51 PM
I absolutely love pizza - so I decided I needed to find the "Ultimate Pizza in Los Angeles".
After eating at many, many pizzerias from Hollywood to Santa Monica, I am happy to report that I have finally found the most delicious, most flavorful, best crust, tastiest ingredients, and overall satisfying pizza available in … (14 comments)
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los angeles real estate: The Competitive Edge - 06/27/08 05:17 PM
Competition is good. I love healthy, productive competition. Olympic athletes understand that in time trials it is easier to perform at your peak if you are physically running against a real person instead of just a clock. Competing helps us to stretch the limits that we tend to put upon ourselves.
… (1 comments)
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los angeles real estate: Looking for Cheap Gas? .... You must read this - 06/23/08 04:17 PM
Take a look at this new "Widget" I discovered online.
You can load it onto your website and it's a great resource for everyone to use.Take a look at this new "Widget" I discovered online. You can load it onto your website and it's a great resource for everyone to use. Change … (13 comments)
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los angeles real estate: George Carlin dies from heart failure - his provocative and insightful wit will be missed - 06/23/08 11:18 AM
George Carlin died on Sunday June 22, 2008 from heart failure. He was 71 years old. (1937-2008)
George Carlin was a brilliant comedian whose controversial humor provided an enlightening insight into modern society. "He had an amazing mind, and his humor was brave, and always challenging us to look at ourselves and … (7 comments)
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los angeles real estate: An environmentally friendly SPLASH .... this is interesting technology - 06/23/08 10:33 AM
A client of mine called me last night to say she was building a pool in her yard and was using environmentally friendly technology.
I thought this sounded too good to be true .... but sure enough there is technology available that can provide you with a non salt, non chlorine, chemical free … (2 comments)
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los angeles real estate: OKAY - I want referrals through ActiveRain .... - 06/20/08 07:44 PM
Deciding which groups to join on ActiveRain is obviously important to enhance the success one achieves from this resource.
I was searching through the various choices and then I found this Group: Agents who want REFERRALS.
So how does this work; who do I email; what should I do? All advice, comments (and referrals) will … (10 comments)
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los angeles real estate: REO Update - 06/20/08 01:48 AM
As expected we are seeing an amazing increase in REO properties around the country and particularly in our area. With a record number of homes in foreclosure it is not difficult to see why over half of the homes in foreclosure are reverting to REOs. This large influx of REO properties … (0 comments)
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los angeles real estate: How Much Luxury Can You Handle? - 06/20/08 01:45 AM
As luxury condominiums grow in popularity we are seeing a surge in ultra-luxury condominium development. Designers and developers are vying for your attention offering a wide variety of amenities. The question is what luxury perk will you choose?
On the Wilshire Corridor, where luxury condos are beautifully showcased in a wide … (0 comments)
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los angeles real estate: Useful info about Los Angeles real estate - 06/19/08 01:54 PM
http://www.movingtohollywoodhills.com/
… (0 comments)
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los angeles real estate: An ActiveRain Success Story ... and it's just the begining - 06/19/08 09:52 AM
I joined ActiveRain about two and a half months ago. I was referred to the site by an agent who introduced a Buyer to one of my listings.
Since I joined Activerain I've met some wonderful people from all over the country. I've read their Blogs, debated issues, and learned a great deal.
I can now … (17 comments)
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los angeles real estate: Rent Your House to America’s Next Top Model - 06/17/08 06:28 PM
Rent Your House to America’s Next Top Model
That’s what our client, Las Vegas businessman Nick Santucci, is doing with his Mulholland house. Santucci says of his pad, “There’s a very hip, Viceroy Hotel vibe.” Recently, Angelino Magazine ran an article describing the house by saying, “…the entry features a motorcycle … (0 comments)
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los angeles real estate: I watch CNN and Fox News - 06/16/08 12:35 PM
I follow the news throughout the day, both Nationally and Internationally. My primary source for News is CNN, CNN Online, and BBC. I have a TV in my office and it's always on. (I also read several newspapers to try to obtain a broader perspective).
Rececntly a client of mine who visited me … (42 comments)
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los angeles real estate: Same-Sex Marriage Licenses - Effective June 17, 2008 - West Hollywood News - 06/16/08 11:25 AM
As a property owner and resident of West Hollywood, I am proud of the significant and important role the City has, and continues to take in the advancement and protection of equal rights for all Americans.
Effective June 17, 2008 the City of West Hollywood will begin to issue marriage licenses and perform … (13 comments)
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los angeles real estate: The “Buyers Register” at Open Houses - 06/14/08 03:51 PM
I always prepare for my Open Houses. I ensure I have ample copies of the Property Listing Sheet, copies of my "Seller's Requirements for Offers", and always have a Buyers Register.
As prospective buyers enter the property I offer them the set-up sheet and request they sign the Buyers Register. I request their … (9 comments)
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los angeles real estate: The Perfect Setting - 06/13/08 12:50 PM
Priorities are important. What you value shapes the way in which you live. For people who are at the top of their field, who work hard to maintain a level of excellence in their chosen field, there is an unspoken understanding that the home you return to needs to be a … (0 comments)
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los angeles real estate: Rates are Falling on Junior Jumbo Mortgages! - 06/12/08 05:34 PM
Rates are Falling on Junior Jumbo Mortgages!
The Los Angeles Times reports, “…Despite the government’s effort to address one of the repercussions of the sub-prime meltdown, jumbo mortgages — those exceeding $417,000 — have remained difficult to obtain and relatively expensive. But there are signs of normalcy returning to the … (0 comments)
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los angeles real estate: Lock and Leave - 06/11/08 03:38 PM
by Coco Clayman-Cook One of the most comforting things about luxury vertical living is the ability to lock and leave. I love my work and think nothing of putting in long hours, but when I have the opportunity to get away and take some time for myself, I take it. I don't … (1 comments)
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los angeles real estate: I'm all for "PASSION" - but why the constant "ANGER and FURY"? - 06/11/08 11:59 AM
I enjoy a healthy and open debate. I like to hear different views and opinions. After all, that's how we broaden our minds and learn. We need to see situations from different perspectives otherwise all we have is a narrow-minded, tunnel vision outlook.
What I cannot understand is the constant anger … (22 comments)
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los angeles real estate: How far will my salary go in another city? - 06/10/08 10:21 AM
CNN Online has an interesting "Cost of Living Calculator" where you can enter your Salary (Income), the City and State where you live, and then make a comparison as to how far your salary will go in another City and State.
I tried it and found some fascinating results:
Los Angeles (where I live) compared … (28 comments)
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los angeles real estate: Record Gas Price in West Hollywood Today - UPDATED 6/20/08 - 06/08/08 04:15 PM
Record Gas Price in West Hollywood / Beverly Hills / Los Angeles
February 2008 - Bush on $4 a gallon gas: "I hadn't heard that."
June 6, 2008 - Premium gas reached $4.99 a gallon in West Hollywood / Los Angeles.
… (23 comments)
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los angeles real estate: Start Up funding - Seed Money Funding $100K and up - Worldwide - 06/05/08 09:24 PM
Start Up Funding $100K and up Do you need start up funds? Do you need seed money for your project, invention or new idea. Let's chat I have investors just wanting to hear about your idea and can make your dream come true. It has to make sense. Please contact me … (0 comments)
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los angeles real estate: The Benefits of working with a Realtor when Buying or Selling a Condo - 06/05/08 04:39 PM
I specialize in the Los Angeles Condo Market (and focus on West Hollywood Condos).
My experience has undoubtedly confirmed that both Buyers and Sellers of condos are best served when using a Realtor.
It is the responsibility of both the Listing and Selling Agent to know as much information as possible … (8 comments)
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los angeles real estate: Transfer Your Property Taxes - 06/04/08 03:01 PM
Save thousands on property taxes! California Proposition 60 lets homeowners, over the age of 55, transfer their existing property tax base to a replacement home of the same or lesser market value.
To read the original article, click here: Transfer Your Property Taxes
… (0 comments)
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los angeles real estate: A $20 Million Renovation! - 06/04/08 02:52 PM
On May 28th the Huntington Art Gallery will re-open after a $20 million renovation. Enjoy the Art Gallery along with the Huntington Library and Botanic Garden…a real Los Angeles treasure
To receive more information about events in Los Angeles, click here to subscribe http://losangelesrealestatetalk.com/whats-rss/
To read the original article, click … (0 comments)
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los angeles real estate: "The Virtual Office" - Can Large Corporate Real Estate Offices Survive in the Future? - 06/04/08 12:04 PM
I have been responding to a Blog - The New Real Estate Agent by Ralph Odierna - and decided I'd like to moderate this subject at further length, hence this Blog.
I've operated as a Realtor out of some of the biggest National Real Estate offices in Los Angeles. After carefully considering the benefits … (85 comments)
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los angeles real estate: Los Angeles County - Property tax savings due to decline in value - 06/03/08 05:05 PM
Your property tax may go down due to the value review of Los Angeles County Homes.
Los Angeles Country Assessor Rick Auerbach announced that a decline in value review of homes in LA County was completed. Because of the decline in the real estate market, review was done to assure properly … (3 comments)
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los angeles real estate: West Hollywood, CA - CONDOS - May Market Update - 06/02/08 05:31 PM
MAY 2008
CONDOS:
Median Price: $519,000
Average Selling Price: $568,043
Average List Price: $587,163
Therefore, Average Sales Price was 96.7% (96.3%)* of Average List Price.
Lowest Price Condo Sold: $326,000
Highest Price Condo Sold: $1,029,000
Number of Listings Sold: 23
MEDIAN SALES PRICES:
May 2008 - $519,000
April 2008 - $516,500
… (8 comments)
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los angeles real estate: My First ActiveRain MeMe (Thanks to Anthony Clark) - 05/29/08 04:20 PM
1. Who is your favorite musical artist?
Frank Sinatra (a mandatory classic) and dare I say, Barbra Streisand? I'm also enjoying Josh Groban right now.
2. Who is your favorite artist?
I don't have any one single favorite, but I enjoy the works of Joan Miro (the surprise of surrealism) and … (17 comments)
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los angeles real estate: Successful Los Angeles Home Staging - 05/28/08 09:18 PM
Granada Hills home staged and sold!
Moving Mountains Design is having great success this year helping Los Angeles Real Estate Agents and home owners sell their homes faster, even in this tight real estate market. We staged this occupied home in late April. The Real Estate Agent emailed me this morning … (15 comments)
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los angeles real estate: Could've, Would've, Should've - 05/21/08 12:31 PM
By Lance Kettler
Is there anything you wish you'd done, but didn't? What about right now? Is there anything that you are doing that you think you might beat yourself up about in 20 years time? I'm more interested in what you aren't doing. What aren't you doing right now that … (1 comments)
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los angeles real estate: Quote of the Day - It's "Food for Thought" - 05/20/08 02:14 PM
Quote of the Day - "Food for Thought"
I enjoy Real Estate because it's exciting, challenging and no two days are ever the same.
I also enjoy this business because you never know you will meet or what you will learn each day.
I therefore … (1 comments)
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los angeles real estate: Condo Homeowner Associations - Reserves, Insurance and Delinquencies - 05/20/08 12:59 AM
CONDO HOMEOWNER ASSOCIATIONS: RESERVES, INSURANCE AND DELINQUENCIES
Because of recent underwriting changes by Fannie Mae (the federally chartered company that buys home mortgages and sells them as securities), lenders are now required to examine an association's finances before making loans.
For loan approval, Fannie Mae requires the following:
- Delinquencies. … (0 comments)
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los angeles real estate: Halloween - West Hollywood - October 31, 2008 - 05/20/08 12:25 AM
West Hollywood Halloween Costume Carnaval, The Largest Adult Outdoor Halloween Event In The World
The entire week will be filled with special events, costume contests, and, of course, the world-famous costume party on Santa Monica Boulevard Halloween night, October 31st, 2008.
On Halloween night every year, West Hollywood stages … (10 comments)
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los angeles real estate: So. California home sales jump 22% in April 2008 - 05/19/08 04:30 PM
Home Buyers appear to be coming back to the market in bigger numbers to take advantage of discounted prices.
"Home sales surged 22% in April in Southern California as bargain-hunters bought lower-end homes in areas hardest hit by foreclosures" according to a report by CNN.
Sales of new and resale homes … (4 comments)
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los angeles real estate: Prejudice and Injustice - The "Stepped up Basis" for Property Valuation - 05/18/08 05:02 PM
Do you know that when a spouse in a straight marraiage dies, and the property (owned by the wo spouses) is valued for Estate Duty purposes, there is what is called a "stepped up basis" which is not applicable in Gay Marriages or Civil Unions.
Practically, what this means is that … (7 comments)
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los angeles real estate: Open House: Downtown Los Angeles June 6-8 - 05/16/08 05:24 PM
Downtown Los Angeles is changing and to show the world, residential property owners and developers are working together with restaurants, retailers, hotels, bars, nightclubs, museums and art galleries to host Downtown Los Angeles Open House 2008.
Contact me if you are interested in any of the properties you see during the … (0 comments)
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los angeles real estate: Things to do: Affaire in the Gardens Art Show - 05/16/08 05:15 PM
The City of Beverly Hills hosts Affaire in the Gardens this weekend, May 17 & 18, from 10am-6pm. This art show is considered one of the most highly-regarded, fine art shows in Southern California. With art, entertainment, food, and more you’ll have plenty to do.
Click to see a video presentation … (0 comments)
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los angeles real estate: California Ban on Same-Sex Marriage Struck Down - CNN Online - 05/15/08 04:14 PM
An extract from CNN's News Report:
The California Supreme Court struck down the state's ban on same-sex marriage Thursday, saying sexual orientation, like race or gender, "does not constitute a legitimate basis upon which to deny or withhold legal rights."
In a 4-3 120-page ruling issue, the justices wrote that "responsibly … (35 comments)
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los angeles real estate: West Hollywood Condos Report - April Market Update - 05/12/08 12:04 AM
APRIL 2008
CONDOS:
Median Price: $516,500
Average Selling Price: $683,566
Average List Price: $709,492
Therefore, Average Sales Price was 96.3% of Average List Price.
Lowest Price Condo Sold: $300,000
Highest Price Condo Sold: $1,795,000
Number of Listings Sold: 26
MEDIAN SALES PRICES:
April 2008 - $516,500
March 2008 - … (3 comments)
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los angeles real estate: Referral Fees - Can they or Can't they be paid? - 05/08/08 12:32 AM
An Associate recently asked me this question - so I thought I'd share the anwer:
A "referral fee" can only be paid to a person who is licensed with the DRE (Department of Real Estate) .
Under RESPA (Real Estate Settlement Procedure Act), a real estate agent engaged in a residential transaction for one to … (11 comments)
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los angeles real estate: 10777 Wilshire Blvd. - 05/07/08 09:35 PM
Isn't LA wonderful? While the rest of the world is wringing its hands Los Angeles has unveiled plans for several new luxury condominium complexes to grace its beautiful skyline. 10777 Wilshire Boulevard is the newest to get the construction go ahead.
This Wilshire corridor property will be developed by The Standard … (0 comments)
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los angeles real estate: The Wasted Energy of Anger, Part II - 05/05/08 12:05 PM
In the last blog I detailed all the things that can go wrong to create a day filled with frustration and anger. It's important to remember that we don't have to stew in the emotion. There are ways to release it and get back to being productive and happy.
When I feel … (0 comments)
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los angeles real estate: The Wasted Energy of Anger - 05/05/08 11:57 AM
When was the last time you got angry? We all get angry. It's a fact of life. But have you noticed how anger can create a chain reaction that can spread through your day and literally suck the joy out of your life? I have had a few situations in the … (3 comments)
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los angeles real estate: Starter Income Property In Los Angeles/ 4458 Bowman Blvd. - 05/02/08 12:00 PM
Time to buy - what are you waiting for?
Great interest rates, great prices on properties. This may be a time for those who wanted to have a investment property. I came across a duplex in El Sereno, Los Angeles area.
4458 Bowman Blvd. Los Angeles. This is a duplex, 2 - … (0 comments)
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los angeles real estate: Understanding the REO Investment Part II - 04/29/08 09:14 PM
by Lance Kettler
Most of us are interested in saving money, especially in today's economic climate. In general a home is the largest investment an individual makes in a life time. So it stands to reason that if you could save a lot on your home purchase while still buying a home … (1 comments)
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los angeles real estate: LA Condos - Highest Priced Condo Listings in Los Angeles - 04/29/08 08:37 PM
As a Condo Specialist I'm always interested in the highest priced condos for sale in different cities across the country.
As at today's date, I've found a few eye-popping Listings in Los Angeles that boggles the mind but definately makes for interesting conversation.
$27,000,000 - A two story Penthouse in Century City. It's advertised as a … (5 comments)
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los angeles real estate: Secrets Lenders Don't Want You to Know... - 04/25/08 12:28 PM
Secrets Lenders Don’t Want You to Know…. … (0 comments)
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los angeles real estate: 2120 Butler Avenue, Los Angeles, California 90025 - 04/23/08 12:07 AM
View Larger Map For Lease at $4,500/month
For Sale at $1.4 Million
MLS# 08-272821
3 Bedrooms4 Bathrooms2,270 square feet2005 constructionSmall gated community of 12 homesTerrific location in West L.A. - close to everything that L.A. has to offer Viking appliances, granite countertops
DIMA BATSALKIN 310-933-4281 e-mail: dima@blvdrealty.com
Boulevard Realty … (4 comments)
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los angeles real estate: 1040 N. Bundy and 15101 Mulholland Drive on NBC - 04/22/08 05:31 PM
Valerie was again interview by the folks over at LX.tv for their show Open House LA. The segment, entitled The Hunt, originally aired on NBC April 14th, but you can see it here. The Hunt follows Valerie and her client around as they tour houses for sale, hoping to find the … (2 comments)
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los angeles real estate: 100% Funding JV for Projects - No FICO, Wordwide - 1m and up - 03/31/08 03:24 PM
100% Funding for Projects - Worldwide - No FICO Needed - 1M and up (edit/delete) 100% Funding - No FICO - Multi Million $$ Loans Worldwide Up to 100% Funding No FICO Needed No Debt Service until project is completed No bank statements No Balance Sheets No Assets No Tax Returns … (0 comments)
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los angeles real estate: The Banks are not doing these deals but we are!! 100% funding JV - No FICO - 03/27/08 07:03 AM
100% Funding - No FICO - Multi Million $$ Loans Worldwide Up to 100% Funding - -By Referral Only to our platformNo FICO Needed No Debt Service until project is completed No bank statements No Balance Sheets No Assets No Tax Returns No Credit Reports Funding in 30-45 days Inventions, Oil … (0 comments)
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los angeles real estate: New Los Angeles County FHA Limit Increase - 03/12/08 03:35 PM
I just attended a class with my preferred lender about the new FHA Limits and Guidlines for the County of Los Angeles. Per the class what I found was that the new basic guidline Key Popints are as follows:
3% down Payment - Gift funds are ok without seasoningNo Income RestrictionsRates are currently … (0 comments)
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los angeles real estate: Today's Featured Property - Laurel Hills - 01/18/08 05:08 PM
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 … (0 comments)
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los angeles real estate: I thought I'd see if I could make a deal with you, Listing Agent... - 01/18/08 02:25 PM
... it happened again this weekend. I'm hosting an open house, guy comes in and says he likes the place, likes it a lot, in fact, and gives me a knowing look I'm supposed to intuit something from.
I don't get it. What can I say? I'm not a speak-easy type of … (6 comments)
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los angeles real estate: Thanksgiving Sales - 11/24/07 05:24 PM
So I was wondering if people saw much activity over Thanksgiving. I have noticed that different holidays are different in the amount of people that are interested in looking. Usually memorial day is somewhat busy. People that are interested in relocating will take the long weekend as a time to go … (1 comments)
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los angeles real estate: Holiday Greeting - 11/20/07 11:03 AM
Happy Thanksgiving
We just wanted to take a minute and wish everyone a Happy Thanksgiving and let you know about the great changes we are making at Nuevo Realty Group. In an ongoing effort to help the Real Estate consumer use technology to get information, save time and money, we have made … (0 comments)
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los angeles real estate: Los Angeles Real Estate Market Woes - 11/19/07 06:27 PM
According to a recent article published in the Los Angeles Times, real estate prices are expected to drop across the board in California . In 2008, the California Association of Realtors forecasts that the median price of existing homes will decline 4% to $553,000. In contrast, during 2003-2005, home prices increased … (2 comments)
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los angeles real estate: A Tale Of Two Markets - 11/03/07 11:02 AM
I heard a great discussion about the state of the market recently, and wanted to post this here for all to see. This is especially important if you are selling, or thinking of selling your home. The point of said discussion was very simple; About 70% of homes currently for sale … (1 comments)
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los angeles real estate: Don't Stop Advertising!!! - 10/12/07 07:37 AM
Real Estate at its finest, Paris911. We are very diverse in the areas we represent, check outour November 2007 ad in the Premier Los Angeles Police Department Publication, "The Thin BlueLine" published by the folks at www.911media.com. Over $24K a Year for the cost of a full page ad to be … (0 comments)
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los angeles real estate: Looking for a home loan in the Los Angeles area? - 09/28/07 01:22 AM
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los angeles real estate: Automotive Properties - Gas Stations too! - 09/14/07 12:57 PM
AUTO MOTIVE PROPERTIES
Auto Body/Auto Repair/Auto Dealer
LTV's up to 90% Full Doc
LTV's up to 85% Stated Income/Asset
Loan amounts up to $3,000,000
Gas Stations allowed
Rod Tinsley, MBA in Accounting & Finance
Financial Expert
Paramount Home Loans, Inc
1675 Larimer #310
Denver, Co 80202 720-259-4412
Rt0501@hotmail.com
http://activerain.com/dvrkid
I'm honest and trustworthy. I do … (2 comments)
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los angeles real estate: Art Collections - Cash Out - Multi Million Loans - Quick funding - 08/26/07 08:53 AM
Did you know that if you have a Multi Million $$ art collection and wanted a short term loan against it, that it can be done? I can use the art collection as collateral. Let me know if you need more info. Quick funding
Rod Tinsley, MBA
1675 Larimer #310
Denver, Co 80202
720-259-4412
206-350-5267 efax
rt0501@hotmail.com
I'm honest … (0 comments)
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los angeles real estate: Land Loans to 90% LTV - Worldwide - 08/10/07 08:29 AM
Please visit my website: http://activerain.com/dvrkid
I do land loans. I can pull cash out and put the money in your pocket. I can pull cash out and you can develop the land. I can refinance and lower your payment.
Up to 90% LTV if you want to purchase land - I'll loan 80%, … (0 comments)
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los angeles real estate: Least Affordable U.S. Real Estate Markets - 07/28/07 09:17 AM
According to a recent article on Forbes.com: Least Affordable U.S. Real Estate Markets, the least affordable real estate markets in the U.S. are concentrated in 'shockingly' the east and west coasts: New York and Los Angeles. If you're reading this blog, the chances are you're a New York resident and then, … (2 comments)
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los angeles real estate: Land Loans - Cash Out and put the money in your pocket - Nationwide - 06/30/07 11:47 AM
Land Loans - cash out and put the money in your pocket. Prime loans to Hard Money Loans. The Hard Money Loans you don't need a FICO. So if you need money to pay bills, go on a vacation, buy a jet it's up to you. It's your land so do … (0 comments)
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los angeles real estate: Los Angeles River-La Gran Limpieza! - 05/04/07 12:24 PM
The Great Los Angeles River Clean up is Saturday, May 12th!
Yes, for you LA residents that have not heard, we do have a river, albeit not in the most traditional sense. The Los Angeles River runs almost 51 miles, possibly through your neighborhood! Going through 14 cities, including communities … (0 comments)
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los angeles real estate: Windsor Square - 05/04/07 10:24 AM
Windsor Square is one of the oldest, historic neighborhoods in Los Angeles. Located adjacent to Hancock Park, this beautiful area boasts homes with expansive lawns that reflect the charm and style of a wonderful early 1900’s era. Preservation is a key element of this well conserved community and in 2004 … (0 comments)
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los angeles real estate: Leaving More to the Imagination - 04/24/07 03:25 PM
Hi Everybody,
I had an interesting conversation with a KW agent the other day and I wanted to get your thoughts on his point of view.
I was talking to him about Watch My Listings and what we have to offer real estate professionals. As I was talking to him on the phone, … (7 comments)
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los angeles real estate: Westchester Market Peaks in 1st Quarter 2006 - 04/18/07 04:29 PM
*Information Provided by the MLS.com*
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los angeles real estate: West Los Angeles Market Peaks in 1st Quarter of 2006 - 04/14/07 04:37 PM
*Information provided by the MLS.com*
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los angeles real estate: West Los Angeles Market Peaks in 1st Quarter of 2006 - 04/14/07 04:37 PM
*Information provided by the MLS.com*
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