Here are a few facts and figures about foreclosures in Los Angeles County: 1. Foreclosure filings in Los Angeles County The foreclosure process starts as soon as the Notice of Default is filed. The Notice of Trustee Sale is considered the final notice before a sale. The time and date set for an auction can also be found on the Notice of Trustee Sale. Since May of 2014, the highest number of Notice of Default filings was 1,532 (April 2015), while the lowest was 1,272 (November 2014). The highest number of Notice of Trustee Sale filings was 1,372 (July 2014),…Read more

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Los Angeles will always bring to mind palm trees, sun, and sand. Extolled for being more than just another tourist attraction, L.A. is a great place to live, work, and have fun in. It comes as no surprise that many have decided to move to Los Angeles’s gorgeous cities of Manhattan Beach, Hermosa Beach and Redondo Beach. The first step If you’ve lived and thrived in these beach cities, saying goodbye to your home may be difficult, heartbreaking even. But alas, it’s time for you to move on. And the most important thing is to find homebuyers as soon as…Read more

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Because different home buyers look for different features when looking for a home, marketing property can be a bit of a challenge. There are plenty of researchers today who spend a lot of time and effort figuring out how to correctly market homes, as well as how new homes can be designed to appeal to a wider demographic. One of the most important things to know as a seller is to find out what attracts certain types of buyers, so you know what to feature when you create your online listing, marketing materials, or stage your home. Important features According…Read more

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The majority of home buyers today use the internet as their primary source when looking for available homes. Often, a photo or a description found online serves as the very first impression of a home. Having an enticing online listing can make a massive difference when it comes to selling homes. If your listing stands out and effectively grabs the attention of potential buyers online, it’s very likely you’ll land a good deal in the shortest amount of time possible. Here are a couple of tips to make your online listing work effectively: Add high-definition photos Most buyers don’t go…Read more

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Are you moving to another city? Paying off debt? Or has your financial situation changed for the worse? Whatever the reason, you are now seriously considering selling your mortgaged home. You may be tempted to make the most money out of the sale. But if your reasons for selling is to avoid further financial strain, your options must address this issue. There are a number of ways to sell your property but if you are looking to sell to avoid foreclosure, you should consider declaring a short sale. What is a Short Sale? Short sale is a technical alternative to…Read more

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So your house is up for sale. You’ve tried to apply the advice of every online expert on home sales. You have, for example, fixed or covered up every crack, break, stain, and damage. You’ve even hired an inspector to check for the usual suspects—the presence of radon, lead paint, and asbestos in your home. In fact, your house is in tiptop shape and condition. Anyone would buy it in a heartbeat. Making your home more desirable All you have to do now is meet potential buyers and anticipate a quick sale. There is one last thing, though, that you…Read more

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Putting a home on the market for the first time may seem like a daunting task, but when you’re equipped with the right knowledge, you’ll find there isn’t really anything you should worry about. Home selling can be challenging at times, but by planning ahead and taking the time to find out more about the process, you make yourself better prepared to deal with anything that comes your way. Here are 5 smart tips which can help you successfully sell your home: Be prepared Before selling your home, you need to plan ahead and consider where you’ll move to. This…Read more

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Real estate listings can be tricky. The abbreviations you see on print ads may seem confusing, and a few online sites, though not constrained by the price of newspaper column inches, employ the same shortcuts on occasion. This glossary decodes the abbreviations you encounter when looking up real estate: A AC or A/C: air conditioning adj: adjoining or adjacent aek: all electric kitchen B B: basement; can also be Bmt B/R: bedroom; can also be Bd or Bdrm B/A: bathroom Balc: balcony C c-d-s: cul de sac cath ceil: cathedral ceiling CMA: comparative market analysis cp: carport CPX: complex D…Read more

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Nothing beats an open house when it comes to selling a home, right? To have potential buyers going from room to room personally checking out the well-staged living spaces sounds effective and convincing, yes? That may have been true once, but not anymore. Real estate agents no longer rely on face-to-face encounters to sell a house. Yes, Realtors meet and negotiate with buyers but most of these potential clients don’t really prioritize open houses like they used to. Real estate and the internet The National Association of Realtors ® reports that 43% of homebuyers use the internet for their initial…Read more

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It happens to the best of people. Whatever the reason—a bad financial decision, the sluggish economy—people sometimes find themselves in dire straits. As a result, they are forced to make hard decisions. Perhaps one of the most difficult is figuring out what to do after defaulting on mortgage payments. Often, the owner faces two options: Sell the property for foreclosure Sell it through short sale What’s the difference? The difference between a foreclosure and a short sale is simple. A property is said to be in foreclosure when the owner stops mortgage payments and the lender exercises the legal right…Read more

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