New real estate buyer's and seller's strategies in second half of 2012 in San Gabriel Valley & Los Angeles Greater Areas and many cities
The market is heating up locally in Southern California in some desired areas. Rules of the game are changing, if you like to close your escrows.
The well price listing are getting multiple offers and there are also multiple escrow fell outs due to low appraisals.
The apprisals seem to be a lot more conservative on appraising values, for the buyer's and borrower's benefit only. This low valuers hammer down prices, where sellers are willing to come down from the original sale price agreed between willing buyer and willing sellers. In most instances the selelr is not willing to come down a lot from already down negotiated price late in escrow, due to any of very low appraisals, and buyers have to have extra money , cash, deposits, if they want to complete and close their escrow successfully . In the current real estate market, it is very important that buyers have an access to extra cash or deposits , it will increase the like hood of closing of the escrow.
You should seek a professional REALTOR's help to guide you successfully through the intricacy of the current real estate market in Southern California.
Please contact me with any questions you have have and I will be delighted to help you.
Whether you're planning on buying, selling, or you just have a question, feel free to call John Vostenak, the Local Realtor at tel: 626-408-2266 at CENTURY 21 Ludecke Inc. 20 E. Foothill Blvd. #105 , Arcadia, Ca 91006. License Number: 00871958 , Licensed Since 1984
More info at http://www.johnvostenak.com
I'd greatly appreciate if you could pass my name to the people you know who are thinking about buying or selling a home.
I'll provide them with the same quality of service
and care that I provide to you !
John Vostenak, Realtor, CA Broker, Lic#: 00871958 CENTURY 21 Ludecke Inc. • 20 E. Foothill Blvd , Suite 105 • Arcadia, California 91006 USA
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