|Posted by Nataliya Romanenko on January 11, 2015 at 10:15 PM||comments (0)|
Sadly, most of the Sellers tend to overprice their homes when they intend to put it up for sale. It is their most precious possession and understandably, they value it for so many reasons. Overpricing is a risky game to play. Lack of knowledge about the current market conditions or emotional attachment can also play a role in how Sellers will price their property. So many times we’ve seen that Real Estate Agent just goes with what the Seller wants, so they can just get a listi...Read Full Post »
|Posted by Nataliya Romanenko on January 1, 2015 at 1:35 PM||comments (0)|
In hopes for Big Money, many home owners waiting for the market to dictate even more return on their investment, not realizing that at some point Real Estate Market will be flooded with homes for sale, and at the same time there will be not enough qualified buyers to actually be able to buy at the price that seller is asking. We are starting to see this trend now. Word of advice for homeowners is to do what makes sense, considering your own Real Estate goals and plans. Make sure to consult a ...Read Full Post »
|Posted by Nataliya Romanenko on December 30, 2014 at 6:55 PM||comments (0)|
Buyers, who have been looking for a home to purchase, will drive by in the neighborhoods they are hoping to live in and sometimes there will be a sign for sale by owner. Curiously they might call to find out more information on it. Hopefully these buyers already have an Agent, who represents them during the transaction to come. What about the Seller? Who will represent the Seller if an offer to buy their home will be presented, and what does the buyer’s agent getting themselves into? Re...Read Full Post »
|Posted by Peter Karami on October 31, 2014 at 12:05 PM||comments (0)|
The way your house looks from the street--attractively landscaped and well-maintained--can add thousands to its value and cut the time it takes to sell. But which projects pump up curb appeal most? Some spit and polish goes a long way, and so does a dose of color.
Tip #1: Wash your house’s face
Before you scrape any paint or plant more azaleas, wash the dirt, mildew, and general grunge off the outside of your house. REALTORS® say washing a house can add $10...Read Full Post »
|Posted by Nataliya Romanenko on October 27, 2014 at 2:50 PM||comments (0)|
It is always interesting to see where Real Estate Market is heading and how it is changing. According to a California Housing Market Forecast for 2015, median price for homes in California will grow to $463.7 compare to this year of $447.8 that is a growth of 3.5%. In addition, what is comforting is that forecast for unemployment rate expected to drop from 7.7% to 6.8% Click here. I hope that we will see more hou...Read Full Post »
|Posted by Nataliya Romanenko on October 27, 2014 at 2:40 PM||comments (0)|
If you are following Real Estate Market, you have noticed that it is not exactly exploding with inventory. There are definitely more buyers at this time, but they might as well stay in a position of renters, since inventory is so low.
In my opinion, this is a wonderful opportunity for a homeowner to get the best out of their investment by placing their House for Sale as soon as possible, while there are so many qualified prospecting buyers, who are willing, able and ready to buy. In ma...Read Full Post »
|Posted by Peter Karami on October 19, 2014 at 11:55 PM||comments (0)|
A client had asked to show her a townhouse in Bel Air area, a high end neighborhood in Los Angeles, which I did. She and her husband and I loved the location, the house and etc. Then, they asked me to write an offer and submit the offer to the seller, which I did. The offer submitted was from three people, the wife, her husband and their business partner.
After I submitted their offer, proof of down payment (fund) and their Loan Pre-approval to the Realtor representing the ...Read Full Post »
|Posted by Peter Karami on October 17, 2014 at 1:50 PM||comments (0)|
Two Bedrooms, Two Baths and Two Parking spots. LOCATED in a Resort Style COMPLEX. FEATURES INCLUDE Large Living Room, Dinning Area, Nice Size Kitchen, COMMUNITY OFFERS POOL, SPA, RECREATION area which is great for gatherings and BBQ Parties - Neat and LUSH GROUNDS, This Property is PRICED RIGHT for and IMMEDIATE SALE. Gas, earthquake insurance included in the monthly Home Owners Association fee.
20134 Leadwell Street #311, Winnetka, CA 91306
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|Posted by Nataliya Romanenko on October 10, 2014 at 3:20 AM||comments (0)|
When it comes to negotiation, not all Realtors are good at it. Sometimes lack of experience and expertise is standing on the way of making the best deal possible for the client they represent. In negotiatings, one has to be able to put personal ego off the table and look at what is at stake, and how she/he can represent their clients interest in a way that client is satisfied and happy with outcome of transaction. Many Realtors are very aggressive and this is not always the best practice and...Read Full Post »
|Posted by Peter Karami on October 6, 2014 at 12:00 AM||comments (0)|
Many times I've heard Realtors are talking about how difficult is to list a FSBO (For Sale By Owner) houses. Why? Because most of FSBO seller's either they think, they don't need a real estate agent to sell their home or they know indeed they can sell their own home. Now let's see what are the differences between those two. Well, it's very simple! Probably at least once in a life time, it has occurred to everyone that sometimes we ca...Read Full Post »
|Posted by Peter Karami on October 4, 2014 at 3:35 AM||comments (0)|
It is not surprising to me as a Real Estate Broker to see the lead generator companies are making more money than Realtors.
This is because I actively practice Real Estate, and I receive many phone calls everyday from companies like Zillow and Trulia requesting to either purchase advertising or renew my current advertisings. You should know, if you don't, that the money these companies are charging is significant and it can be from $50 per month to $5000 depends on Realtor's financial a...Read Full Post »
|Posted by Nataliya Romanenko 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 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 »