|Posted by Real Estate Master on June 22, 2014 at 2:40 AM||comments (0)|
Economic recovery is playing a huge role in the Real Estate market and prices of homes are still climbing up, giving home owners hope to cash out on their investment with a positive return. Home buyers are trying to buy property as fast as they can. So, they can also grow their money during this jump in prices on Real Estate, but is this another " buble" roling on us? "The return of the bubble? Thanks to the economic recovery, the Westside tech boom, the end of the foreclosure wave and the re...Read Full Post »
|Posted by Real Estate Master on May 21, 2014 at 2:40 PM||comments (0)|
I have come across interesting issue that I would like to talk about. I have found out that many current homeowners are afraid to put their house for sale on the market simply because there is not much on the market for them to buy as a new home. The value of their investment has grown tremendously during the years of them owning the property, but inventory on the MLS is low, that they feel trapped in their own “Gold Mine". However, I think that if they had experienced Real Estate Broke...Read Full Post »
|Posted by Peter Karami on November 7, 2012 at 2:50 PM||comments (0)|
Last two transactions landed in escrow have led me to write about the appraisal report and what if the report shows a lower suggested fair market value.
Apprisal is a part of all real estate transactions that a buyer must obtain loan from a bank. In some events the report shows property value slightly higher or lower than the negotiated purchase agreement. In the case that report shows higher value for the property, the bank will be happy to lend money for the amount requested and the b...Read Full Post »
|Posted by Peter Karami on October 23, 2012 at 6:35 PM||comments (0)|
If you or your selected real estate agent using the standard CAR residential purchase agreement to make an offer on a residential property then you should know that there is a form titled “wood destroying pest inspection and allocation of cost addendum”. This form usually goes with the residential purchase agreement in addition to disclosure regarding agency relationship. It is important to note in this form in the line 2.A requires parties to select who will pay for the inspectio...Read Full Post »
|Posted by Peter Karami on August 13, 2012 at 1:05 AM||comments (0)|
Good news for those who contacted me before looking for a studio or one bedroom apartment located in the city of Beverly Hills.
It is certain now that we will have a vacancy in out Beverly Hills Building on the 240 South Reeves Drive, if you have been waiting for the vacancy, please contact me because soon I will take applications for the studio. The exact price for the studio will be disclosed on the future ads.
There will also a vacancy in out Beverly Apartments bu...Read Full Post »
|Posted by Peter Karami on August 7, 2012 at 7:05 PM||comments (0)|
A few years back, I was representing a well respected client who was buying a bank owned home (foreclosure) in cash. I was following up with the transaction in every step until the last step which was sending the closing funds to the escrow. The escrow was supposed to close two days after that day.
I received a phone call requesting my client to wire the closing funds to escrow. Thus, I contacted my client and ask her to do so. She went to her bank and the banker told her that she will...Read Full Post »
|Posted by Parker Hill on May 29, 2012 at 6:10 PM||comments (0)|
By Parker Hill @ New Home Source
As the market ebbs and flows, there is one thing that remains fairly constant and that is: engaging in real estate takes time. Even if your home sells on the same day you list it or it only takes you one day to find the perfect home, there are many other factors involved. There’s paperwork, the moving in and out, meeting with a lender- I think you get the idea. However, the one part of real estate that should never slow you down is the type of...Read Full Post »
|Posted by Peter Karami on April 26, 2012 at 2:25 PM||comments (0)|
Townhouse located in desirable North Alhambra just a few blocks from South Pasadena, this three story unit offers an open floor plan with two Master Bedrooms upstairs plus a bonus room in downstairs that can be used as an office. The first floor features fireplace in the living room and laminated wood flooring, the kitchen has a sharing wall and window that connects the patio which is designed by tables and BBQ grill. The kitchen offers new electricity efficient stainless and gas stove with t...Read Full Post »