Blog Posts - Buying Los Angeles Real Estate



An Agent’s Guide to Buying Your First Home in Los Angeles

If you are a first-time Los Angeles home buyer you are probably wondering what is involved in the buying process and how you will be protected. A good real estate agent will monitor the entire process and make sure that nothing falls through the crac...
by Los Angeles Real Estate News on May 5, 2015

But It Says You Are The Listing Agent!

When looking for a home to buy in Los Angeles you may be surfing the internet. Don't assume the site on which you land is that of the listing agent. There is more about why you should not use the listing agent to represent you, but this post is to ed...
by Los Angeles Real Estate News on Apr 1, 2015

How to Get Your Offer Accepted When Buying a Home

When you have found the home you love, your real estate agent will help you decide how to structure your offer in a way that it will be accepted. Here are some points to consider: The amount of earnest money. This is usually 3% of the purchase price...
by Los Angeles Real Estate News on Mar 2, 2015

How Does The Lender Determine Your Loan Amount?

The overall way that lenders decide how much loan you qualify for, and that is by considering your debt-to-income ratio. This is a comparison of your gross (pre-tax) income to housing and other expenses. Other expenses include such long-term debts a...
by Los Angeles Real Estate News on Feb 21, 2015

How Do I Know if I am Ready to Buy a Home?

You want to buy a home. How do you know if you are ready? Ask yourself these questions: Do I have a steady source of income (usually a job)? Have I been employed on a regular basis for the last 2-3 years? Is my current income steady? How is my bill p...
by Los Angeles Real Estate News on Jan 23, 2015

A Guide to Finding a Home in Los Angeles. Don’t do it Alone!

If you are unrepresented, when you first start looking for a home for sale or rent in Los Angeles, or anywhere else for that matter, you will be faced with so many choices. The search term “buying a home in Los Angeles” will bring you 77...
by Los Angeles Real Estate News on Aug 7, 2014

To Buy to Sell to Rent? Is Your Head Spinning?

It’s a strange phase in the Los Angeles real estate cycle right now, and as in any economic cycle there are winners and losers.  So who are the biggest winners right now? Landlords/Investors After the recession homeowners who were forced to se...
by Los Angeles Real Estate News on Jun 4, 2014

L.A. Home Buyers and Renters, Appreciate Your Realtor@

There are good and bad eggs in every basket, so I wonder why the services of the real estate agent, especially when it comes to home buyers and renters, is often taken for granted and under-appreciated. Where else do you get the kind of services we o...
by Los Angeles Real Estate News on May 20, 2014

Can You Still Buy a Home in Los Angeles in This Sellers’ Market?

In this tight Los Angeles seller’s market Los Angeles home buyers are becoming more and more disillusioned and ready to give up.  Don’t.  You can still get the home you want with a little preparation and  stick-with-it-ness. When a buy...
by Los Angeles Real Estate News on May 12, 2014

Moving to Los Angeles? Be Prepared for Sticker Shock

Many prospective home buyers or renters who are moving to Los Angeles, either for work or to be closer to their family, don’t have a realistic idea of the cost of housing in our fair city. I will often receive emails asking me to help find home...
by Los Angeles Real Estate News on Mar 25, 2014

Buying a Home in Los Angeles What is Escrow?

If you are an out-of-towner buying a home in Los Angeles you may not be familiar with the escrow process. In fact I sometimes forget that fact and half way through the process find out that my buyers, or sellers are totally lost and sometimes want to...
by Los Angeles Real Estate News on Mar 15, 2014

Buying a Home in Encino, Sherman Oaks or Tarzana

I have been meaning to post some information on real estate in the San Fernando Valley, specifically Encino, Sherman Oaks and Tarzana. Studio City is already covered. So let’s take a look at statistics for  2013 compared to 2012. Sherman Oaks...
by Los Angeles Real Estate News on Mar 12, 2014

Los Angeles Top Ten Neighborhoods for Home Sales This Year

I you are thinking of buying or selling a home in Los Angeles it would be good to check in on sales and availability in some of the Los Angeles neighborhoods. What were the top selling neighborhoods so far this year: Single Family 1. Hollywood Hills...
by Los Angeles Real Estate News on Mar 6, 2014

Is Now the Time for You to Sell Your Home and Buy the Next?

The final decision to Refinance your existing Mortgage (or  not), should be based on one simple thing.  It must make good financial sense …That decision is often times determined by the length of time you, as a Homeowner, “guesstimat...
by Los Angeles Real Estate News on Mar 3, 2014

Real Estate is a Business of Emotions Not Actions

When buying a car there is an unwritten rule that you are supposed to haggle for the best price and emotions generally don’t factor in. Some people enjoy the dance and don’t take it personally when they don’t get what they want. Rea...
by Los Angeles Real Estate News on Mar 1, 2014

Finding ways to help young adults make their first home purchases

See on Scoop.it – Around Los Angeles WASHINGTON — Parents, grandparents and young adults know the problem only too well: Heavy student-debt loads, persistent employment troubles stemming from the recession, plus newly toughened mortgage under...
by Los Angeles Real Estate News on Feb 17, 2014

Looking for a Los Angeles Home for Sale? What’s New This Week

If you are looking for Los Angeles homes for sale you know that inventory is extremely tight. Some of the reasons for the low inventory are: Los Angeles home sellers are seeing a light at the end of the tunnel.  The government programs like HAFA an...
by Los Angeles Real Estate News on Mar 16, 2013

Why Not to Use the Listing Agent When Buying a Home. A Perfect Example

I recently wrote a post, You Have Had your Home Inspection, What’s Next?.  As a result I got a call yesterday from a very nice gentleman who wanted my advice on his situation. He is in escrow on a home and had paid $5,000 over the asking price...
by Los Angeles Real Estate News on Feb 27, 2013

Getting Married Establish a Lifetime of Good and Sound Financial Habits

Gene Mundt was asked to participate in a recent Bridal Show and Expo in Joliet, IL.  Below is the advise he put together to share: My suggestion to newlywed couples is … let the excitement of your wedding day die down a bit.  Take some t...
by Los Angeles Real Estate News on Feb 25, 2013

What Happens When a Los Angeles Home is Listed for Sale AND Rent?

When looking for a Los Angeles home to buy or rent you may find something on the market that is listed in both categories.  What does this mean? In the days when it was a buyers’ market then probably the owner needed out for one reason or anot...
by Los Angeles Real Estate News on Feb 24, 2013


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