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Thursday, July 31, 2008

Tips for Avoiding Foreclosure

(FROM HUD)



Are you having trouble keeping up with your mortgage payments? Have you received a notice from your lender asking you to contact them?



Don't ignore the letters from your lender

Contact your lender immediately

Contact a HUD-approved Housing Counseling Agency

Toll FREE (800) 569-4287

TTY (800) 877-8339

If you are unable to make your mortgage payment:



1. Don't ignore the problem.



The further behind you become, the harder it will be to reinstate your loan and the more likely that you will lose your house.



2. Contact your lender as soon as you realize that you have a problem.



Lenders do not want your house. They have options to help borrowers through difficult financial times.



3. Open and respond to all mail from your lender.



The first notices you receive will offer good information about foreclosure prevention options that can help you weather financial problems. Later mail may include important notice of pending legal action. Your failure to open the mail will not be an excuse in foreclosure court.



4. Know your mortgage rights.



Find your loan documents and read them so you know what your lender may do if you can't make your payments. Learn about the foreclosure laws and timeframes in your state (as every state is different) by contacting the State Government Housing Office.



5. Understand foreclosure prevention options.



Valuable information about foreclosure prevention (also called loss mitigation) options can be found on the internet at portal.hud.gov/portal/page?_pageid=33,717348&_dad=portal&_schema=PORTAL .



6. Contact a HUD-approved housing counselor.



The U.S. Department of Housing and Urban Development (HUD) funds free or very low cost housing counseling nationwide. Housing counselors can help you understand the law and your options, organize your finances and represent you in negotiations with your lender if you need this assistance. Find a HUD-approved housing counselor near you or call (800) 569-4287 or TTY (800) 877-8339.



7. Prioritize your spending.



After healthcare, keeping your house should be your first priority. Review your finances and see where you can cut spending in order to make your mortgage payment. Look for optional expenses-cable TV, memberships, entertainment-that you can eliminate. Delay payments on credit cards and other "unsecured" debt until you have paid your mortgage.



8. Use your assets.



Do you have assets-a second car, jewelry, a whole life insurance policy-that you can sell for cash to help reinstate your loan? Can anyone in your household get an extra job to bring in additional income? Even if these efforts don't significantly increase your available cash or your income, they demonstrate to your lender that you are willing to make sacrifices to keep your home.



9. Avoid foreclosure prevention companies.



You don't need to pay fees for foreclosure prevention help-use that money to pay the mortgage instead. Many for-profit companies will contact you promising to negotiate with your lender. While these may be legitimate businesses, they will charge you a hefty fee (often two or three month's mortgage payment) for information and services your lender or a HUD approved housing counselor will provide free if you contact them.



10. Don't lose your house to foreclosure recovery scams!



If any firm claims they can stop your foreclosure immediately if you sign a document appointing them to act on your behalf, you may well be signing over the title to your property and becoming a renter in your own home! Never sign a legal document without reading and understanding all the terms and getting professional advice from an attorney, a trusted real estate professional, or a HUD approved housing counselor.





Content updated April 29, 2008





CLICK HERE FOR THE FULL STORY

CUTE SPANISH W/ SOME VIEWS IN THE HILLS ABOVE HIGHLAND PARK AND ONLY ~ 1 MILE SOUTH OF THE EAGLE ROCK TRADER JOES

$449,000 (LP)
Beds: 2 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 958* Lot Sz: 4454sqft*
Area: 632 Yr: 1930*



CUTE SPANISH W/ SOME VIEWS IN THE HILLS ABOVE HIGHLAND PARK AND ONLY ~ 1 MILE SOUTH OF THE EAGLE ROCK TRADER JOES !!! THIS HOME IS ON THE MARKET FOR THE FIRST TIME IN 12 YEARS AND BOASTS: LIVING ROOM W/ FPL (PLUS LARGE ROOF TOP COVERED DECK OVER GARAGE), FORMAL DINING ROOM, 2 BEDROOMS, (LR, FDR, & BOTH BDRMS HAVE GREAT HARDWOOD FLOORS), 1 BATH, KITCHEN, PLUS GOOD SIZED BACKYARD. ALL THIS HOME NEEDS IS SOME TLC ! BONUS: 2 OR 3 PARTIALLY FINISHED ROOMS + 1/4 BATH (ALL UNDER HOUSE AT STREET LEVEL & CONNECTS TO SINGLE CAR GARAGE). EXTRA PARKING IN DRIVEWAY. MOTIVATED SELLERS !!!

Wednesday, July 30, 2008

Traditional home located on a quiet street in Garvanza Hills.

$379,900 (LP)
Beds: 3 Baths: 2 (1 0 1 0) (FTHQ) Sq Ft: 987* Lot Sz: 4800sqft*
Area: 632 Yr: 1911*



Foreclosed! Price reduced to $379,900. Traditional home located on a quiet street in Garvanza Hills. It features an open beam ceiling in the living room and a private backyard. Property is sold in its present as is condition, without warranties or representations

Tuesday, July 29, 2008

Terrific Location:: STUDIOS, HOSPITAL, OVER THE HILL FROM HOLLYWOOD

$469,900 (LP)
Beds: 2 Baths: 3 (2 0 1 0) (FTHQ) Sq Ft: 1495* Lot Sz: 1625sqft*
Area: 610 Yr: 1964*


This nice tri-level townhome is in great condition and is located in a desirable complex that boasts many amenities including lush landscaping, a pool, and plenty of peace and quiet. The unit itself is partially upgraded with hardwood flooring and contemporary lighting effects, and there is laundry in-unit. The spacious master suite leads out to a private balcony. There is a patio for entertaining and a large den could be used as a third bedroom. This is a must-see for any buyer.

Clean, updated family home on a tree lined street of similar homes in Pasadena

$560,000 (LP)
Beds: 3 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1392* Lot Sz: 6861sqft*
Area: 645 Yr: 1949*



Clean, updated family home on a tree lined street of similar homes. Purchase it to live in, or use it as a great income property. Offering 3 bedrooms, and two full baths, this house has lots of possibilities. An additional, bonus room could be used as an extra bedroom or an office. The family sized kitchen has granite countertops, new cabinetry and appliances, as well as new tile flooring. A cozy fireplace and gleaming hardwood floors accent the living room. The nice sized backyard has a side patio and large grassy area for outdoor entertaining

Monday, July 28, 2008

SHORT SALE BURBAK HOME WITH GUEST HOUSE!! LOADS OF POSSIBILITIES!

$430,000
Bed 2 Model (0)
Baths 1
ASqFt 779 Assessor YrBlt 1943 Assessor


Very cute 2 bedroom + 1 bath front house + possible guest house/office or studio in back. Fantastic home in a great neighborhood, close to everything. Large yard. Must see this fantastic offering. Burbank living at its best!!!

An elegant 3bed and 2bath mountain view home in Burbank

$435,000 (LP)
Beds: 3 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1543 Lot Sz: 5998sqft
Area: 610 Yr: 1940


An elegant 3bed and 2bath mountain view home. This house sits on almost 6,000SqFt of lot size. Nice front and backyard. Tiled Kitchen and Baths, Hard wood floors, nice and quiet neighborhood great for a starting family.

Friday, July 25, 2008

TWILIGHT OPEN HOUSE TONIGHT!!! POOLSIDE!



2 + 2 / 975 SF
$435,000
excellent location!!!
352 n clybourn ave
burbank, ca 91505
6:30-8:30pm
Friday, July 25th

Thursday, July 24, 2008




"CLICK THE PHOTO ABOVE FOR A LARGER VIEW"


MOTIVATED SELLER












COme to a Twilight Open House.





Friday July 25th b/t 6:30-8:30pm. visit: http://tolucatownhouse.blogpot.com for more information





OR CALL LISTING AGENT (818)521-3060 for information/appointment

Unbelievable price in Highland Park-- 2 bedrooms

$149,900 (LP)
Beds: 2 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 714* Lot Sz: 3441sqft*
Area: 632 Yr: 1920*




Remarks
PROPERTY SITS BEHIND ANOTHER PROPERTY YOU MUST GO UP A WALKWAY NEXT TO A DRIVEWAY TO GET TO THE HOUSE. NO FHA OR VA OR LOW DOWN FINANCING PROPERTY WILL NOT QUALIFY THIS IS A FIXER.LENDER OWNED REO PERFECT STARTER HOME, SOLD AS IS NO TERMITE NO RETROFIT. ALL OFFERS MUST INCLUDE PRE-APPROVAL LETTER W FICO SCORES AND PROOF OF FUNDS AND COPY OF EARNEST MONEY DEPOSIT CHECK

Nestled on a private lot gated hideaway in Beverly Hills

PRICE: $1,998,000
Bedrooms: 3 Bathrooms: 3.5
Square Footage: Buyer to Verify
Lot Size: 14,500 sq. ft.
Year Built: 1951 Garage: 2


Nestled on a private lot gated hideaway

Immaculate renovated Mediterranean

Private detached guest house

Private sunny pool

Light and bright throughout

Stunning chef's kitchen



Nestled on a private lot this gated hideaway is a beautifully renovated main house and detached guest cottage in all three bedroom plus 3.5 bathrooms. Exquisite light and bright Mediterranean with French doors in every room opening to tranquil setting of lush landscaping, private sunny pool and brick patios. Stunning chef's kitchen with top of the line appliances. Hardwood floors, formal dining room, den. Huge master with fireplace, new walk in closet, 2nd dressing area and gorgeous bathroom. Totally private entertainers dream.

Broker Open House / Refreshement served

Broker Open House / Refreshement served
Friday July 25 2008 / 11:00 am to 2:00 pm




Luxurious Brand new 2 & 3 bedroom Townhomes with 2 car private garage, direct access to the unit and large home office. Balconies and roof top sun deck. Large rooms, high ceilings with recess lighting. Laminate and carpet floors (Model unit only). Each unit with separate master suite with balcony & walk-in closet. Kitchen with custom made cabinets, granite countertops, marble tile floors, SST appliances, trash compactor and refrigerator. 7 units with large private office. Washer, Dryer and Refrigerator included.
9 Luxury Townhomes
Washer & Dryer & Refrigerator
Private Media Rm/Home Office
Choice of Flooring Upgrades
Large 2 & 3 Bedroom Townhomes
Private Garage W/Direct Access
Private entrance
Roof Top Decks & Balconies



--------------------------------------------------------------------------------
Area: Valley Village
MLS: F1775165
Sq Ft: 2000
Yr Built: 2008
Bdrms: 3
Baths: 2.5
Pool: No
Parking: 2 Car Garage
Asking: $599000

FLIPPERS/INVESTORS - TEAR DOWN REO LISTING

FLIPPERS/INVESTORS - TEAR DOWN REO LISTING
Build a Nice SFR or a Duplex - Bring a Investor's Vision



Bank Owned/REO - Flippers/Investors/Buyers with a vision and some cash wanted to make this house nice and comfortable. Needs work!! Small house on large rectanglular lot, room to expand. Has front and backyards. CAll for lockbox combination. Priced to move. FHA and conventional loan probably not available on this property. Tear Down and build a SFR or duplex and rent it out!! At least see if there is potential for you investors. www.taftlosangelesforeclosures.com
big backyard, nice front yard
buy for land; build new house
MLS No. 08-279507
flippers/investors take notice
needs work!



--------------------------------------------------------------------------------
Area: Watts
MLS: 08-279507
Sq Ft: 520
Yr Built: 1925
Bdrms: 2
Baths: 1
Pool: No
Parking: None
Asking: $169900

BANK OWNED/REO --THIS IS A GREAT SINGLE FAMILY RESIDENCE IN TUJUNGA, WITH A BACKYARD

NEW Bank Owned/REO Listing - Tujunga
VERY NICE HOUSE - MUST SEE!!




BANK OWNED/REO --THIS IS A GREAT SINGLE FAMILY RESIDENCE IN TUJUNGA, WITH A BACKYARD (PLENTY OF SPACE FOR FAMILY EVENTS (BBQS, PARTIES ETC.); SEPARATE DINING ROOM, FAMILY ROOM AND LIVING ROOM W/FIREPLACE; ALSO LOFT TYPE BONUS ROOM TOO!! HUGE MASTER BEDROOM WITH BATH; PROPERTY SOLD "AS IS". BRING ALL OFFERS. HOUSE IS VACANT. CALL FOR LOCKBOX CODE.

Large Master bedroom w/bath
fireplace in living room
MLS NO. 08-288911
bathrooms could use upgrades
large backyard
loft type bonus room
close to 210 freeway
kitchen could use upgrades



--------------------------------------------------------------------------------
Area: Tujunga
MLS: 08-288911
Yr Built: 1985
Bdrms: 3
Baths: 2
Pool: No
Parking: 2 Car Garage
Asking: $510000

BANK OWNED/REO --THIS IS A GREAT SINGLE FAMILY RESIDENCE IN TUJUNGA, WITH A BACKYARD

NEW Bank Owned/REO Listing - Tujunga
VERY NICE HOUSE - MUST SEE!!




BANK OWNED/REO --THIS IS A GREAT SINGLE FAMILY RESIDENCE IN TUJUNGA, WITH A BACKYARD (PLENTY OF SPACE FOR FAMILY EVENTS (BBQS, PARTIES ETC.); SEPARATE DINING ROOM, FAMILY ROOM AND LIVING ROOM W/FIREPLACE; ALSO LOFT TYPE BONUS ROOM TOO!! HUGE MASTER BEDROOM WITH BATH; PROPERTY SOLD "AS IS". BRING ALL OFFERS. HOUSE IS VACANT. CALL FOR LOCKBOX CODE.

Large Master bedroom w/bath
fireplace in living room
MLS NO. 08-288911
bathrooms could use upgrades
large backyard
loft type bonus room
close to 210 freeway
kitchen could use upgrades



--------------------------------------------------------------------------------
Area: Tujunga
MLS: 08-288911
Yr Built: 1985
Bdrms: 3
Baths: 2
Pool: No
Parking: 2 Car Garage
Asking: $510000

Wednesday, July 23, 2008

Lovely 2 story home in desirable Glendale location. This great home features 4 bedrooms, 4 bath

$1,200,000 (LP)
Beds: 4 Baths: 4 (4 0 0 0) (FTHQ) Sq Ft: 2991 Lot Sz: 7396sqft
Area: 624 Yr: 1951


Lovely 2 story home in desirable Glendale location. This great home features 4 bedrooms, 4 bath, bonus room, welcoming living room with fireplace, big dinning room and cozy family room. Hardwood floors and recessed lighting throughout. The relaxing yard includes plenty of grassy area and fruit trees. Great home for entertainment or just simply relaxing. Ready for move in. A must see!!!!

Toluca Townhome Twilight Open House






New Solar Powered Homes!

Lennar is building homes in Valencia that will start putting money back in your buyers pockets the day they move in! This home is built with SolarPlus technology that significantly saves buyers on their monthly utility bills. The entire home is built with materials that make it 35% more efficient than code requires. In addition, solar panels seamlessly installed within the roofs include the newest solar technology that convert sunlight into electricity. Buyers can log online and monitor their savings on the web. In addition, your buyers will enjoy this large, 2-story floorplan with oversized bedrooms, HUGE backyard and nearby award-winning schools.

Upgraded Kitchens
Maple Cabinetry
Travertine Backsplash
Large Floorplan
HUGE Backyard!
FHA Jumbo Financing
Long Term Loan Locks
Solar Technology



--------------------------------------------------------------------------------
Area: Valencia
Sq Ft: 2,756
Yr Built: 2008
Bdrms: 4
Baths: 2.5
Pool: Yes - Community
Parking: 2 Car Garage
Asking: $649,000

Real Estate & Mortgage Insights :: What the Heck Is a Short Sale?

Over the last several years a lot of buyers have bought homes, intending to live in them for many years, then something happened - maybe good, maybe bad, but regardless - they don't have a choice. Some owners have to move.

When most homeowners move, they sell their house. Usually, that's not a problem. For some people nowadays, it is a problem.

Because of the easy financing, rampant speculation, flipping, and sometimes fraud, home values skyrocketed most everywhere. That came to an end recently and values plummeted in some areas. Even when values are stable, sometimes there just isn't enough money in the property to pay off the mortgage, then pay all the selling costs and moving costs.

What happens then?

Default, sometimes bankruptcy, and maybe even foreclosure.

Or a short sale.

A short sale is when the lender agrees to accept a mortgage payoff that doesn't cover the outstanding loan.

Why do lenders accept short sales? Lenders almost always lose money when they foreclose on property. In many cases, they will lose less money through a short sale than they would by foreclosing on the home and selling it as a bank-owned property.

However, there are rules.

The borrower must experience a genuine financial hardship. If this fits, call the lender. Talk to customer service or the collection department and let them know what is going on. That way, knowledge of your hardship is communicated to the lender and becomes a part of their files. Keep your own communication log.

Eventually, you will have to document the hardship and your inability to deal with it financially by disclosing all your assets. Bank statements, stocks, bonds, tax returns, pay stubs -- the lender will want to see everything that may document that you are not hiding assets or income.

The lender will not make a commitment based solely on your hardship. You're also going to have to put your home on the market and sell it.

Once you sell the property, you have to supply additional documentation. When the property is listed, your real estate agent prepares a comparative market analysis. You're going to need that and you will need to supply a copy to the lender, along with your hardship letter, the documents mentioned above, a copy of the purchase agreement, and a "net sheet" showing how much you will net (or lose) from the sale of the home.

It may be that you actually want your real estate agent or some other professional to negotiate with your lender. If so, you need to prepare an authorization letter. That letter includes your name, property address, loan number, your representative's name, the date and your notarized signature. Your agent will know almost all of this and have the proper format.

Then your agent submits it all to your lender and...you wait.

Normally, your lender can't make the decision to accept a short sale on their own. If there is mortgage insurance, they get a say-so. Your mortgage has an investor. The investor gets a say-so.

If the deal "makes sense", they believe your hardship is genuine, and you do not own any other property -- you may get a "yes" decision. Your chances go up markedly if you have someone experienced negotiating for you.

Oh yes. If your lender does forgive part of your debt, there is something you should also know. Debt forgiveness is taxable income. The IRS will require you to pay taxes on that income.

so. pasadena schools reduced 3 BR condo with attached garage

$599,000 (LP)
Beds: 3 Baths: 3 (1 1 1 0) (FTHQ) Sq Ft: 1461* Lot Sz: 37737sqft*
Area: 658 Yr: 1974*



GREAT SOUTH PASADENA SCHOOL DISTRICT DON'T MISS THIS OPPORTUNITY. 3BD, 3BATHS, SPACIOUS CONDO WITH FIREPLACE AND FAMILY ROOM, ATTACHED 2 CAR GARGAGE, COMMUNITY POOL & RECREATION ROOM. QUITE, PEACEFUL, EXCELLENT LOCATION, LOCATION, LOCATION. NEEDS UPDATING

MONTROSE End Unit With Views

$408,000 (LP)
Beds: 2 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 983 Lot Sz: 1433sqft
Area: 635 Yr: 1987*




Remarks
End Unit With Views. You'll enjoy this charming Cape Code townhouse admidst beautiful trees with views. This is the only end unit with views out the front and back! Desirable location--just a block north of Foothill. Excellent schools within walking distance. With its own entrance, this lovely 2 BR, 2 full BA has a cozy living room with large windows and a brick fireplace, an open kitchen, a large window with views, stainless steal appliances & a breakfast counter. Off the dining area is the balcony with views. Upstairs are the 2 BR and 2 BA. The master suite has a nice large window with mountain views & a BA with granite,new sink and fixtures. On the opposite end of the hall is the 2nd bedroom with a large view window to the northeast. Between those rooms is the guest bathroom with new granite,fixtures,sink & a large linen cabinet. Unit has an indoor Laundry Closet. Lots of Storage in garage area. Close to Montrose & easy access to 210 Freeway to Old Town Pasadena & to Downtown LA.

Tuesday, July 22, 2008

INVESTORS!!! PRIME GLENDALE:: Under 5 miles to Americana Shopping Center R3 Zoning!!!

$428,000 (LP)
Beds: 3 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1108* Lot Sz: 7000sqft*
Area: 628 Yr: 1923*


Remarks
Developers and contractors or owner/builder this is your faboulos opportunity. Zoned for 3 condominium units, comes with complete plans to build; also zoned for childcare. Many things can be done with this property. Buyer to verify all.

Highland Park Spanish Charmer!! REDUCED!!!

$339,000 (LP)
Beds: 3 Baths: 3 (2 0 1 0) (FTHQ) Sq Ft: 1150 Lot Sz: 5520sqft
Area: 632 Yr: 1926




Remarks
!!!HUGE PRICE REDUCTION!!!! CHARMING SPANISH STYLE COMPLETED REHAB,FEATURE A MASTER BEDROOM A MASTER BATH AND A MODER KITCHEN

Investment/ Live in one rent the other/ large family...lots of possibilities for all in a prime location located under 10 miles to downtown LA

$299,000 (LP)
Beds: 3 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 1116 Lot Sz: 5440sqft
Area: 623 Yr: 1920



Silver lake / atwater adjacent location. INVESTMENT OPPORTUNITY, FIX UP AND RENT IT OR LIVE IN IT, LOTS OF ORIGINAL CHARACTER, LARGE REAR YARD, LARGE KITCHEN, HUGE BASEMENT RUNS ALMOST ENTIRE LENGTH OF HOUSE...

Monday, July 21, 2008

Bank Owned! Great alternative for condo

$199,900 (LP)
Beds: 1 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 468* Lot Sz: 842sqft*
Area: 621 Yr: 1925*



Remarks
Bank Owned! Great alternative for condo. Why pay association fee or rent, adjacent to Monterey Hills and South Pasadena. Move-in condition. All offers must be pre-qualified with Countrywide Home Loans. Call agent for sellers addendum.

RL STEVENSON /BURROUGHS :: TOLUCA LAKE :: BURBANK SERVICES










VIEW LISTING DETAIL











or log onto:: soldinthecity.blogspot.com for more listings

BANK OWNED HANCOCK PARK CONDO!! 3 bedrooms

$719,900 (LP) DOM/CDOM: 7/7
Beds: 3 Baths: 4 (4 0 0 0) (FTHQ) Sq Ft: 2180* Lot Sz: 10476sqft*
Area: 636 Yr: 2005*



Remarks
Summer Sizzling Deal- Property is a turn key condominium which boast new upgrades that offers built-in aplliances which include stove, microwave and oven. This condo has wood flooring throughout the unit along with newer upgraded windows. There is a patio area big enough for gatherings and BBQ's for the SUMMER.

Bank owned home highland park::: LOOK at the price!!!

$149,000 (LP)
Beds: 2 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 627* Lot Sz: 1251sqft*
Area: 632 Yr: 1924*




Remarks
Bank owned property. Hurry First time Buyers it won last long !!! Highland Park home close to every thing!! Featuring 2 Bedrooms and 2 Bathrooms with an approximate 800 sqft. of interior living space the home also has an additional room that you can use as 3r Bedroom or library. Located South of York Blvd and East of Figueroa.

Spacious Eagle Rock Bank owned NEEDS new owner!!


Property Characteristics

--------------------------------------------------------------------------------

Bedrooms: 4 Year Built: 1981 Square Feet: 2,758
Bathrooms: 4.0 Garage: Lot Size: 8,272 sq ft / 0.19 acres
Total Rooms: Fireplace: Number of Units: 1
Zoning: LAR1 Pool/View: Use Code: Single Family Residence
Heating/Cooling:

_________________________________________

CALL BROKER @ (818)521-3060 FOR APPOINTMENT /INFORMATION


CLICK HERE TO SEE SOME PHOTOS





POSTED BY::











:::::::::::::::::::


Tricia Bautista


REALTOR®


(818)521-3060


www.SoldintheCity.blogspot.com

Property Characteristics

--------------------------------------------------------------------------------

Bedrooms: 3 Year Built: 1952 Square Feet: 1,098
Bathrooms: 2.0 Garage: Y/1 space Lot Size: 4,792 sq ft / 0.11 acres
Total Rooms: 7 Fireplace: Y Number of Units: 1
Zoning: LAR1 Pool/View: Use Code: Single Family Residence
Heating/Cooling: Y/



CUTE HOUSE WITH PLENTY OF POTENTIAL and situated on a central glassell park street with access north n south to the 2 fwy and the 110 fwy. Outdoor shower and brick built in bbq/patio add to the entertaining feel of this BANK OWNED property.

Come see.

--------------------------------------------------------------------------------



CLICK THE LINK TO SEE PICS :: http://picasaweb.google.com/lolashots/DISTRESSSALEINGLASSELPARK





CALL BROKER @ (818)521-3060 FOR APPOINTMENT /INFORMATION








POSTED BY::











:::::::::::::::::::


Tricia Bautista


REALTOR®


(818)521-3060


www.SoldintheCity.blogspot.com






--
Posted By Agent LA to SOLD IN THE CITY at 7/21/2008 01:50:00 PM

so pasadena adjacent bank owned home on treelined street

Cute Bank owned home. nice tree-lined street in a neighborhood adjacent to so. pasadena. Easy access to 110 fwy, pasadena, downtown la, USC MEdical campus, Large slab gated back yard. french doors. lots of potential.


Property Characteristics





--------------------------------------------------------------------------------





Bedrooms: 4 Year Built: 1904 Square Feet: 1,317


Bathrooms: 2.0 Garage: Lot Size: 5,600 sq ft / 0.13 acres


Total Rooms: Fireplace: Number of Units: 1


Zoning: LAR1 Pool/View: Use Code: Single Family Residence


Heating/Cooling:









CLICK THE LINK TO SEE PICS :: http://picasaweb.google.com/lolashots/BankOwnedHomeSouthPasadenaAdjacent





CALL BROKER @ (818)521-3060 FOR APPOINTMENT /INFORMATION








POSTED BY::











:::::::::::::::::::


Tricia Bautista


REALTOR®


(818)521-3060


www.SoldintheCity.blogspot.com




Glassel Park/Mt Washington Home on Cul De Sac Street.

$399,000 (LP)
Beds: 2 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 813* Lot Sz: 4800sqft
Area: 623 Yr: 1933*




Charming Home on Cul De Sac Street. Quiet & Serene Street. 2 Bathrooms & 1 Bath. Architectural Plans for a 2 Story, 4Bd + 3 Bath home. Plans Not Approved Buyers to do own investigations. Needs Soil Reports. Endless Potential! This is a Steal!

Saturday, July 19, 2008

Highland Park Bank Owned

$339,900 (LP)
Beds: 3 Baths: 2 (1 1 0 0) (FTHQ) Sq Ft: 955* Lot Sz: 2309sqft*
Area: 632 Yr: 1965*



Bank Owned REO, Open floor plan, Great view, Master bedroom has sliding door to patio with spa. Spacious 2 car attached garage.

Highland Park home with lots of potential

$249,900 (LP)
Beds: 2 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 572* Lot Sz: 1852sqft*
Area: 632 Yr: 1923*




Remarks
Cute home with lots of potential. This home features two bedrooms and one bath. The home is gated on all sides and would be perfect for a first time owner. You wont beat this value in Highland Park! bring your clients and submit all offers

Friday, July 18, 2008

Historic Highland Park District: Spanish Colonial Revival exterior with Mission influenced interior

$494,500 (LP)
Beds: 2 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 1471* Lot Sz: 6301sqft*
Area: 632 Yr: 1923*




Remarks
Historic Highland Park District: Spanish Colonial Revival exterior with Mission influenced interior. Pampered by one owner for over 50 years. Beautiful hardwood floors, original cherry oak wood crown molding and trim. Exquisite batchelder tile fireplace. 2 bedrooms plus cozy light filled study, formal dining room plus large separate breakfast room. Basement, covered patio, 2 car garage.


**listed by bob taylor properties

Highland Park LENDER OWNED REO.

$309,900 (LP)
Beds: 5 Baths: 2 (1 1 0 0) (FTHQ) Sq Ft: 2036* Lot Sz: 7597sqft*
Area: 632 Yr: 1939*


LENDER OWNED REO. CASH OFFERS ONLY NO EXCEPTIONS!! OFFERS WILL BE REVIEWED ON 7/29/08 NOT BEFORE NO COUNTERS MAKE YOUR HIGHEST AND BEST WITH PROOF OF FUNDS AND NO CONTINGENCIES ON THE OFFER DO YOUR INSPECTIONS FIRST BEFORE WRITING DO NOT ASK FOR TERMITE RETROFIT SMOKE DETECTORS ETC COMPLETELY AS IS THIS IS A MAJOR FIXER BATH MISSING PLUMBING ROOF LEAKS WHO KNOWS ETC DO NOT CALL FOR AVAILABILITY

Glassell Park Home HARDWOOD FLOORS, LARGE KITCHEN, BONUS ROOM OFF BACK OF HOUSE

$299,900 (LP)
Beds: 2 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: Lot Sz: 5200sqft
Area: 623 Yr: 1925


TERRIFIC STARTER HOME FOR YOUR FIRST TIME BUYERS. HARDWOOD FLOORS, LARGE KITCHEN, BONUS ROOM OFF BACK OF HOUSE (PERMITS UNKNOWN---BUYERS TO DO THEIR OWN INVESTIGATIONS). CONVENIENTLY LOCATED TO TRANSPORTATION AND SHOPPING. BUYERS ARE AWARE THAT THIS PROPERTY IS BEING SOLD IN AS IS, WHERE-IS CONDITION. BUYER TO DO THEIR OWN INVESTIGATIONS TO VERIFY AND SATISFY THEMSELVES OF ANY QUESTIONS OR CONCERNS REGARDING THIS PROPERTY. ANY INFORMATION PROVIDED HEREIN IS NOT VERIFIED BY LISTING AGENT. PLEASE MAKE SURE TO MAKE CONTACT WITH LISTING AGENT FOR DETAILED INSTRUCTIONS AND REQUIREMENTS BEFORE SUBMITTING OR FAXING IN OFFERS. FULL PRE-APPROVAL, FICO SCORE PAGE, COPY OF DEPOSIT CHECK AND PROOF OF FUNDS TO ACCOMPANY ALL OFFERS.

Thursday, July 17, 2008

SHORT SALE. Located in the historical neighborhood of Highland Park, 2 separate houses on a lot!

$450,000 (LP)
Beds: 4 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1348* Lot Sz: 5175sqft*
Area: 632 Yr: 1925*




SHORT SALE. Located in the historical neighborhood of Highland Park, 2 separate houses on a lot! Property has been recently remodeled. Each unit features two bedrooms and one bath. Garage has been converted to offer additional living space and can be rented for additional income. Only minutes from downtown Los Angeles, Eagle Rock, Glendale and Pasadena, this is a great opportunity. Submit all offers!

Situated in prime Northwest Glendale, you'll find this beautiful home that presents a lovely curb appeal

$619,000 (LP)
Beds: 3 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1568 Lot Sz: 6299sqft*
Area: 626 Yr: 1939*




Remarks
Situated in prime Northwest Glendale, you'll find this beautiful home that presents a lovely curb appeal. A lush front lawn welcomes you in to experience this freshly painted house that provides a warm & inviting tone. You'll appreciate the stylish interiors complete w/ hardwood flooring & crown moldings throughout. W/ 3 bedrooms & 2 baths, including a master bedroom w/ its master bath, this wonderful house has 1,368 SQFT of comfortable living space w/ an excellent floor plan. A gracious living room presents a serene ambiance w/ a fireplace. The essence of simplicity flows through the separate dining room where you'll enjoy your dining occasions. The kitchen provides a pristine setting full of bright light. You'll also enjoy the convenience of the separate laundry room. Outside, the driveway leads you to a 2 car detached garage next to the backyard, which enjoys a grassy setting. This house presents a great opportunity to live in one of the finest locations in the City of Glendale

***Listed by Prudential

Altadena fixer, large rear yard, centrally located on a quiet street

$310,000 (LP)
Beds: 3 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1269* Lot Sz: 8000sqft*
Area: 604 Yr: 1939*




Altadena fixer, large rear yard, centrally located on a quiet street.

2 bed and 2 bath condo unit in Burbank

$374,900 (LP)
Beds: 2 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1272 Lot Sz: 6647sqft
Area: 610 Yr: 2002


Remarks
Don't miss this opportunity to own a 2 bed and 2 bath condo unit in Burbank. This is a beautifully maintained and colorfully decorated condominium in Burbank conveniently located near Glenoaks Blvd., 5 and 10 freeways, the Burbank Bob Hope Aiport, best schools in the area and Woodbury College. Priced for a quick sell!!

great single story family home located in the desirable Eagle Rock area adjacent to Occidential College

$469,000(V) (LP)
Beds: 3 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1481 Lot Sz: 7079sqft
Area: 618 Yr: 1932


Come see this great single story family home located in the desirable Eagle Rock area acrossfrom Occidential College. This 3 bedroom 2 bathroom has been recently remodeled with many upgraded amenties. New roof, new copper plumbing, & electricasl wiring/w new fixtures. New carpeting window cverings and kitchen cabinets/w granite countertops and new flooring. Custom built-in/w glass doors in breakast nook. Indoor laundry & mailroom. Formal Dining and Formal Living Room. Original Spanish-Style Arched Walls and Custom Decorative Inserts throughout. Secluded low maintenance back yard/w numerous popular Fruit Trees. 2 Car Carport and long driveway that will accommodate an additional 4+ cars or RV. This home is move-in ready and priced to sell.

Wednesday, July 16, 2008

***SHORT SALE*** 3 bedroom+2.5 bath Front unit Condo in Burbank

$489,900 (LP)
Beds: 3 Baths: 3 (2 0 1 0) (FTHQ) Sq Ft: 1585 Lot Sz: 0sqft
Area: 610 Yr: 2006


***SHORT SALE*** Newely built 3 bedroom+2.5 bath Front unit Condo, this beautiful property has, balcony, recessed lighting, Granite counter tops, laundry hook up inside the unit, nice floor plan with 2 car garage and more.

Bank Owned! Charming Bungalow Style home with new kitchen, new carpeting, updated bathroom in Pasadena

$269,900 (LP)
Beds: 1 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 624* Lot Sz: 2580sqft*
Area: 645 Yr: 1923*



Bank Owned! Charming Bungalow Style home with new kitchen, new carpeting, updated bathroom, fresh paint throughout the house and new grass in the front lawn. Close to transportations, shopping & Parks. Buyers to verify permits with City for additional rooms.

Bank Owned! Charming Bungalow Style home with new kitchen, new carpeting, updated bathroom in Pasadena

$269,900 (LP)
Beds: 1 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 624* Lot Sz: 2580sqft*
Area: 645 Yr: 1923*



Bank Owned! Charming Bungalow Style home with new kitchen, new carpeting, updated bathroom, fresh paint throughout the house and new grass in the front lawn. Close to transportations, shopping & Parks. Buyers to verify permits with City for additional rooms.

20K sq. ft. Studio Space Warehouse Soundstage Bldg. Available for sale


"click the photo for a larger view"

Expanisve Warehouse/Studio/Retail Space..LOADS of POTENTIAL


"CLICK THE PHOTO FPR A LAREGER VIEW"

Highland Park Original Owner Pride of ownership home

$399,000 (LP)
Beds: 2 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 936* Lot Sz: 4800sqft*
Area: 632 Yr: 1956*




Remarks
Built in 1956, this lovely home has seen only one owner. For the past 52 years, the Preslo Family have shared thousands of stories, conversations, & now cherished memories. It's a bit of an understatement that they are sad to leave this home but the time to move on & open another chapter of life has come. The spacious floor plan includes a large living room & dining room combination complete with refinished hardwood floors, base molding, & vaulted ceilings. The kitchen offers new flooring, new dishwasher, & vintage range top & oven. The full bathroom was recently remodeled with tiled flooring, new vanity with granite countertop, & recessed lighting. The master bedroom is nicely sized with an open beam ceiling & a large closet. Several years ago the 2nd bedroom was converted into two separate rooms, each with a closet & built-in drawers. The backyard includes a large grass area & great views of the area. Addtl features incl: new hvac, copper plumbing, & attached garage.
It's a Wonderful Life Desktop Wallpaper 824 x 568

burbank toluca lake bank owned

$435,000 (LP)
Beds: 3 Baths: 3 (2 0 1 0) (FTHQ) Sq Ft: 1434 Lot Sz: 6800sqft
Area: 610 Yr: 2004





Bank owned REO Townhouse in prime Burbank /Toluka Lake area. 3 bedroom & 2.5 Bath. Spacious Living Room & Dining area with maple hardwood floors, High ceilings, recess lighting & Crown molding, Private patio & Terrace. Gourmet Kitchen with granite counters, tiled floors, custom cabinets & Stainless appliances. Large Master suites with walk-in closet and built in cabinets. Designer bathroom with granite counters, double sink. Storage & Laundry area Not Included in Sq.ft of units. All units with Private large Roof Top Terrace for your enjoyment. Close to Fine Dining, Studios & Transportation.

2 bed and 2 bath condo unit in Burbank.

$374,900 (LP)
Beds: 2 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1272 Lot Sz: 6647sqft
Area: 610 Yr: 2002



Don't miss this opportunity to own a 2 bed and 2 bath condo unit in Burbank. This is a beautifully maintained and colorfully decorated condominium in Burbank conveniently located near Glenoaks Blvd., 5 and 10 freeways, the Burbank Bob Hope Aiport, best schools in the area and Woodbury College. Priced for a quick sell!!

CORPORATE OWNED: Beautifully redone 3 bedroom 1 bath bungalow in HHighland Park

$435,000 (LP)
Beds: 3 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 1021 Lot Sz: 5470sqft
Area: 618 Yr: 1950



CORPORATE OWNED: Beautifully redone 3 bedroom 1 bath bungalow in the neighborhood of ever-so-trendy EAGLE ROCK & HIGHLAND PARK ( close to Occidental College). Great curb appeal with new sod lawn & sprinklers both front and rear. Upgrades include new dual pane windows throughout house, kitchen with granite counter tops, new dishwasher and new gas wall furnace. Loverly home with large flat lot and nice back yard. 3rd bedroom may be without permits and has private entrance ( included in square footage ).

Spacious Atwater Village Home Bank Owned

$499,900 (LP)
Beds: 3 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1285* Lot Sz: 6750sqft*
Area: 606 Yr: 1921*


Bank owned!Great Atwater location. Very spacious, 3 br 2 bath, formal dining, living room w/ fireplace, hardwood floors, central air/heat.

Tuesday, July 15, 2008

attractive traditional-style home in Burbank 2 BR + 1 Bath

$399,000 (LP)
Beds: 2 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 942* Lot Sz: 5827sqft*
Area: 610 Yr: 1941*



This attractive traditional-style home has two spacious bedrooms, one bathroom, formal dining room, and a charming living room with a fireplace. The bright kitchen has lovely wood cabinets, tile countertops, and an inviting eating area. There is also a laundry room currently used as a home office. The home has hardwood floors covered by wall-to-wall carpets, two floor gas heaters, and partial copper plumbing. The back yard includes a detached, two-car garage, lots of parking, fruit trees, and a grassy barbecue area. The home has 942 sq. ft. of living area, and the lot is 5,827 sq. ft. It's located only a short distance from the Burbank Media City Center.

SHORT SALE BURBANK

$479,000 (LP)
Beds: 3 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1500 Lot Sz: 5845sqft
Area: 610 Yr: 1941


ATTENTION! THIS PROPERTY IS IN THE PROCESS OF SHORT SALE! A GREAT SINGLE FAMILY RESIDENCE WITH A NICE GEST HOUSE IN A GOOD AREA OF BURBANK.

Murrieta Equestrian Estate Price Reduction




20200 Avenida de Arboles - $3,895,000
This 10-acre equestrian estate is fully developed with an approximately 7,000-square-foot home and includes a gated pool, a guest house, two barns, an apartment, and a producing avocado orchard. The main house is a six bedroom six and one half bath residence featuring marble accents, pressed tin ceilings and oak wood trim throughout. On the main level the kitchen area is open to the family room offering two sinks, a thermador oven, sub zero refrigerator and custom cabinetry. The downstairs includes a master suite, formal dining room, formal living room with vaulted ceilings and a home office. An entertainment/game room area with a wet bar and fire pit, as well as library are all on the second level, with a master suite with a private balcony overlooking a tranquil koi pond and the mountainous landscape beyond. Below the main residence and guesthouse is the equestrian facility with a fully-equipped breeding barn that includes four stalls (12x12), a lab, surgical room with fourteen reinforced 12x16 stalls, feed room and wash rack. Lush landscaping and fruit trees surround the grounds with an abundance of apple, plum, apricot, grapefruit, orange and fig trees. Nestled against the Santa Rosa Plateau with the coast just beyond the hillside, this equestrian development allows residents to enjoy long trail rides with gentle ocean breezes.

Highland Park Vintage charm and modern amenities blend to create a move in ready hillside hacienda

$439,000 (LP)
Beds: 2 Baths: 2 (1 1 0 0) (FTHQ) Sq Ft: 892* Lot Sz: 3589sqft*
Area: 632 Yr: 1925*


Vintage charm and modern amenities blend to create a move in ready hillside hacienda. Warm wood floors & coved ceilings blend richly with new granite appointed kitchen, updated baths. New French doors beckon you out to the multi level wrap around decks and patios perfect for huge house warming bash. Central Highland Park location puts you close to the growing art scene on York Blvd., Eagle Rock's restaurant row and just minutes to the 2, 5 & 110 putting all of LA within easy reach. Single detached garage, sunset & hillside vistas!!

SOUTH PASADENA SCHOOL DISTRICT. WELL MANTAINED COZY 3 BED 3 BATH 2 CAR GARAGE TOWN HOME.

$498,000 (LP)
Beds: 3 Baths: 3 (3 0 0 0) (FTHQ) Sq Ft: 1125 Lot Sz: 1869sqft
Area: 658 Yr: 1987


SOUTH PASADENA SCHOOL DISTRICT. WELL MANTAINED COZY 3 BED 3 BATH 2 CAR GARAGE TOWN HOME. FIREPLACE IN LIVING ROOM. BALCONIES AND FRONT LANDSCRAPING. EASY TO ACCESS FREEWAY.GREAT LOCATION-MINUTES FROM PASADENA & DOWNTOWN LA. WILL CONSIDER ALL OFFERS. CALL TO ARRANGE APPOINTMENTS. PLEASE DO NOT DISTURB TENANT.

pride of ownership home with a beautiful master bedroom and bath, spa and shower

$450,000 (LP)Beds: 3 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1362 Lot Sz: 5240sqft
Area: 623 Yr: 1929


Remarks
Talk about pride of ownership this home boasts a beautiful master bedroom and bath, spa and shower, remodel kitchen with granite counter tops. the attention to detail in the living room is magnificent. you will enjoy t cities views from the comfort of your home. The back yard offer fruit trees and privacy.

MULTIPLE PROPERTY OWNERSHIP GUIDELINE CHANGE BY FANNIE MAE/FREDDIE MAC:

In light of all the recent news of Indymac bank failing and more liquidly
issues affecting Government Sponsored Enterprises Fannie Mae and Freddie
Mac here are some mortgage updates you will want to be aware of:

1. MULTIPLE PROPERTY OWNERSHIP GUIDELINE CHANGE: MAX 4 PROPERTIES
2. DECLINING MARKETS NO LONGER IMPACTS DOWN PAYMENTS IN CALIFORNIA FOR
CONFORMING LOANS
3. 100% FINANCING STILL AVAILABLE THROUGH FHA AND DOWN PAYMENT
ASSISTANCE PROGRAMS


Please contact me if you have questions about any of the items below:

MULTIPLE PROPERTY OWNERSHIP GUIDELINE CHANGE BY FANNIE MAE/FREDDIE MAC:
A borrower cannot own more than four (4) mortgaged properties including
primary residence. Joint ownership is the same as total ownership.
Commercial or multi-family greater than 4 units not included.

Therefore if you own more than 4 properties including your primary
residence you will no longer qualify for a conforming loan.

DECLINING MARKETS NO LONGER IMPACTS DOWN PAYMENTS IN CALIFORNIA ON
CONFORMING LOANS
Assuming you meet all of the other credit score, income, and asset
qualifications it is now possible to qualify for 5% down on loan amounts of
$417,000 or less and 10% down for loan amounts over $417,00 and under
$729,750 in LA County on conventional loans.

100% FINANCING STILL AVAILABLE THROUGH FHA AND DOWN PAYMENT ASSISTANCE
PROGRAMS
FHA is still the most popular loan program for a low down payment option
and is available for loan amounts up to $729,750 in LA County. You can
also get down payment assistance for the 3-6% down payment through down
payment assistance gift programs.


Meyoung Laman, MBA
Senior Mortgage Consultant
Chase
West LA Builder Group
Leaders Club Mortgage Consultant – Top Service and Excellence

If I can be of service to you or someone you know, please contact me. Thank
you for your business!

OFFICE: (310) 815-5126
OFFICE FAX: (310) 815-9660
EMAIL: meyoung.h.laman@chase.com
WEBSITE: http://homeloan.chase.com/meyoung.h.laman
Client Care/Loan Coordinator: Christine Greene: (310) 815-5135;
christine.c.greene@chase.com

Existing-Home Sales to Trend Up in 2008

For more information, contact:

Walter Molony 202/383-1177 wmolony@realtors.org



Existing-Home Sales to Trend Up in 2008
WASHINGTON, December 09, 2007

Existing-home sales are projected to trend up in 2008, with pending home sales showing a slight near-term rise, according to the latest forecast by the National Association of Realtors®. However, a recovery for new-home sales is unlikely before 2009.

Lawrence Yun, NAR chief economist, said the worst part of the credit crunch has already worked its way through the data. “The unusual mortgage disruptions that peaked in August were clearly seen in lower home sales that were finalized in September and October, so the market was underperforming,” he said. “Now that mortgage conditions have improved, some postponed activity should turn up in existing-home sales over the next couple of months, and I expect sales at fairly stable to slightly higher levels.”

The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in October, increased 0.6 percent to an index of 87.2 from an upwardly revised reading of 86.7 in September. It was the second consecutive monthly gain, but remained 18.4 percent below the October 2006 index of 106.8. “The broad trend over the coming year will be a gradual rise in existing-home sales, but because sales are exceptionally low in the final months of 2007, total sales for 2008 will be only modestly higher than 2007,” Yun said.

The PHSI in the Northeast jumped 16.0 percent in October to 80.6 but is 11.1 percent below a year ago. In the West, the index rose 8.4 percent to 87.3 but is 16.9 percent lower than October 2006. The index in the Midwest slipped 1.4 percent in October to 85.5 and is 11.7 percent below a year ago. In the South, the index dropped 7.8 percent in October to 91.6 and is 25.3 percent below October 2006.

“The improvement in the Northeast reaffirms a trend apparent for some months now that shows signs of recovery, noteworthy because that was the first region to slump, and the gain in the West indicates some easing of interest rates for jumbo loans,” Yun said. “Lawmakers need to understand that raising the loan limits on FHA and GSE-backed conventional loans will markedly improve mortgage availability.”

Existing-home sales are likely to total 5.67 million this year, the fifth highest on record, rising to 5.70 million in 2008, in contrast with 6.48 million in 2006. Existing-home prices should be down 1.9 percent to a median of $217,600 for all of 2007, and then rise 0.3 percent to $218,300 in 2008.

“Home price growth in the vast affordable midsection of America will help raise the national median existing-home price slightly in 2008. I then expect price appreciation to return to more normal patterns in 2009, perhaps rising one or two percentage points above the rate of inflation,” Yun said.

“Even with a modest decline in the national aggregate price this year, it’s important to keep in mind that nearly two-thirds of the metro areas in the U.S. are showing price increases,” he said. “The apparent disparity results from fewer sales in high-cost markets, so a change in the mix of sales is dragging down the national median home price.”

Areas showing healthy price gains include disparate markets such as Gary-Hammond, Ind.; Binghamton, N.Y.; Corpus Christi, Texas; and Spokane, Wash. “We can’t emphasis enough how much local conditions vary, even within a given area, so it’s important for consumers to make decisions based on local market conditions.”

New-home sales are forecast at 788,000 this year and 693,000 in 2008, down from 1.05 million 2006; no sustained improvement is seen for new homes until 2009. Because builders have correctly adjusted production, housing starts, including multifamily units, will probably total 1.36 million this year and 1.16 million in 2008, down from 1.80 million last year. The median new-home price is projected to drop 3.0 percent to $239,100 for 2007, and then decline another 0.2 percent to $236,600 in 2008.

The 30-year fixed-rate mortgage is estimated to rise slowly to the 6.4 percent range by the end of 2008, with additional cuts in the Fed funds rate lowering short-term interest rates.

Growth in the U.S. gross domestic product (GDP) should be 2.1 percent in 2007, down from a 2.9 percent growth rate last year; GDP growth is forecast to improve to 2.4 percent in 2008.

The unemployment rate is likely to average 4.6 percent for 2007, unchanged from last year, but rise to 5.0 percent in 2008. Inflation, as measured by the Consumer Price Index, will probably be 2.8 percent this year and 2.7 percent in 2008, down from 3.2 percent in 2006. Inflation-adjusted disposable personal income is estimated to grow 3.1 percent this year, the same as in 2006, and then grow 2.2 percent next year.

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial real estate industries.

# # #



*The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the transaction has not closed, though the sale usually is finalized within one or two months of signing.

The index is based on a large national sample, typically representing about 20 percent of transactions for existing-home sales. In developing the model for the index, it was demonstrated that the level of monthly sales-contract activity from 2001 through 2004 parallels the level of closed existing-home sales in the following two months. There is a closer relationship between annual index changes (from the same month a year earlier) and year-ago changes in sales performance than with month-to-month comparisons.

An index of 100 is equal to the average level of contract activity during 2001, which was the first year to be examined as well as the first of five consecutive record years for existing-home sales.



Existing-home sales for November will be released December 31; the next Forecast / Pending Home Sales Index will be released January 8

Monday, July 14, 2008

mt. washington bank owned home 3 bedrooms

$375,000 (LP)
Beds: 3 Baths: 2 (1 1 0 0) (FTHQ) Sq Ft: 1098* Lot Sz: 4749sqft*
Area: 680 Yr: 1952*


Contemporary home in good condition. Home surrounded by newer built homes. Great mount washington area. Home offers hardwood floors in living room and kitchen. 3 Spacious bedroom and 1.75 bathrooms. Long driveway leads to a dettached garage. Covered patio off kitchen is just waiting for those summer BBQ's. Extra yard/patio off garage with views of surrounding mountains.
$399,900 (LP)
Beds: 3 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1725* Lot Sz: 6488sqft*
Area: 679 Yr: 1905*




Bank Owned! Come and see this 3Bedroom, 2Bath home with significant upgrades including a new kitchen with new cabinets, hardwood and tile floors. There is a one bedroom and bath downstairs and two bedrooms and bath upstairs. Large flat lot includes two carport and patio. All fence with wrought iron gate for complete privacy. All offers must be pre-qualified with Countrywide Home Loans call listing agent for sellers addendum.

Saturday, July 12, 2008

burbank media district:: Bank owned home

$476,900 (LP)
Beds: 2 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 1212 Lot Sz: 6000sqft
Area: 610 Yr: 1938


Bank Owned / Foreclosure (REO). Centrally located single family residence close to shopping, entertainment, public transportation and Brand Park. This traditional style home offers a lot of potential. Family room opens to the rear yard. Nice 1938 characteristics compliment the style; with a little TLC it can be made into something very special. Great for the buyer looking to break into the housing market.

Friday, July 11, 2008

Charming Burbank Home Near bike path, public transportation, magnolia park, studios

$499,999 (LP)
Beds: 2 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: Lot Sz: 6750sqft
Area: 610 Yr: 1941



Near Chandler bike path, this two bedroom home has a formal dining room, living room with fireplace, roomy kitchen and large backyard with covered patio. Hardwood floors, garage off alley.

Brought to you by the CALIFORNIA ASSOCIATION OF REALTORS®

FORECLOSURE RELIEF BILL BECOMES LAW


This week, the State Legislature enacted foreclosure reform law to address the adverse effects of high foreclosure rates in California. The new law requires lenders to contact homeowners to explore options for avoiding foreclosure at least 30 days before filing a notice of default. It also requires owners acquiring property through foreclosure to maintain the exterior of vacant residential properties. The new law also extends from 30 to 60 days the time for residential tenants to move out of properties that have been foreclosed upon, unless other laws apply. These requirements will remain in effect until January 1, 2013. The full text of Senate Bill 1137 (Perata) is available at www.leginfo.ca.gov.



Highlights of the new law are as follows:



- Contact Between Lender and Borrower: Effective on or about September 8, 2008, a lender, trustee, or authorized agent may not file a notice of default until 30 days after contacting a borrower to assess the borrower's financial situation and explore options for avoiding foreclosure. A lender must generally contact the borrower in person or by telephone, or satisfy due diligence requirements for contacting a borrower. During the initial contact, the lender must inform the borrower of the right to request a meeting with the lender within 14 days. The lender must also give the borrower the toll-free number for finding a HUD-certified housing counseling agency. A subsequent notice of default must include the lender's declaration that it has contacted the borrower, tried with due diligence to contact the borrower, or the borrower has surrendered the property. A lender who had already filed a notice of default before the enactment of this law must include a similar declaration in the notice of sale. This requirement to contact borrowers applies to loans secured by owner-occupied residences made from 2003 to 2007. Certain exemptions apply if the borrower has filed for bankruptcy, surrendered the property, or contracted with a person or entity whose primary business is advising people, who have decided to leave their homes, on how to extend the foreclosure process and avoid their contractual obligations.



- Maintenance of Vacant Properties: Effective July 8, 2008, anyone who acquires property through foreclosure must maintain the exterior of vacant residential property. Violations of this law include permitting excessive foliage growth that diminishes the value of surrounding properties, failing to take action against trespassers or squatters, failing to take action to prevent mosquitoes from breeding in standing water, or other public nuisances. This law authorizes a governmental entity to impose a civil fine up to $1,000 per day for any violation, as long as the owner has been given notice and an opportunity to remedy the violation. A violator must be given at least 14 days to begin, and 30 days to complete, such remediation before a fine can be assessed.



- 60-Day Notice to Terminate Tenants: Effective July 8, 2008, a tenant or subtenant in possession of a rental housing unit that has been sold through foreclosure is generally entitled to a 60-day written notice to quit, not just 30 days. However, a borrower who remains on the property after foreclosure may be served a three-day notice to terminate. This law does not affect, among other things, rent-controlled properties with just-cause evictions. Effective on or about September 8, 2008, the lender, trustee, or authorized agent posting a notice of sale must also post and mail a specified notice of a tenant's right to a 60-day eviction notice from the new owner, unless other laws apply. This requirement to notify tenants of their rights applies to loans secured by residential real property where the borrower has a different billing address than the property address.



C.A.R. provides REALTORS® with many legal articles covering a wide range of topics of interest. Some of the new or newly revised legal articles available at http://qa.car.org are as follows:

Thursday, July 10, 2008

SHORT SALE!Beautiful Contemporary in Prime Location!

$549,000 (LP)
Beds: 3 Baths: 3 (1 2 0 0) (FTHQ) Sq Ft: 1914 Lot Sz: 6149sqft
Area: 610 Yr: 1959


SHORT SALE!Beautiful Contemporary in Prime Location! Offers 3 Bedrooms 2 Baths, Formal Dining, Family Room with Fireplace, Built ins in Kitchen, Central Air, Copper Plumbing, Updated Electrical, Refinished Garage has 3/4 Bath Plus Central Air, Lovely Gated Pool Area! Must See!

Excellent first time home buyer 2 bedroom/1 bath property located in historic Highlank Park neighborhood

$249,000 (LP)
Beds: 2 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 648* Lot Sz: 3600sqft
Area: 632 Yr: 1922*



Excellent first time home buyer 2 bedroom/1 bath property located in historic Highlank Park neighborhood. One of the best priced properties in the area. Sellers have taken pride of ownership in keeping it well maintained with great curb appeal. This is a short sale subject to current lender's approval of all terms and conditions. This adorable home is just minutes from Eaglerock and Pasadena as well as walking distance from Metro Gold Line.

GREEN TIP OF THE WEEK: RECYCLED PAINTS MAKE A SPLASH

What happens to all the latex paint that is dropped off at hazardous waste centers? It's recycled and is being resold at your local paint distributors, Dunn-Edwards and Kelly-Moore, for example. Recycled paint may sell for less, but the quality and viscosity are augmented by blending with virgin materials. For more information and complete list of recycled paint distributors, visit

http://www.ciwmb.ca.gov/ConDemo/Paint/.

Highland Park remodeled home

$380,000 (LP)
Beds: 3 Baths: 3 (2 0 1 0) (FTHQ) Sq Ft: 1150 Lot Sz: 5520sqft
Area: 632 Yr: 1926


!!!JUST REDUCED!!!! CHARMING SPANISH STYLE COMPLETED REHAB,FEATURE A MASTER BEDROOM A MASTER BATH AND A MODER KITCHEN



*** Listed by c-21
$599,000 (LP)
Beds: 3 Baths: 2 (1 0 1 0) (FTHQ) Sq Ft: 1460* Lot Sz: 3820sqft*
Area: 628 Yr: 1929*



GREAT SPANISH IN ADAMS HILL! BEAUTIFUL CITY VIEWS FROM THE LARGE DECK OVERLOOK THE LARGE FALT GRASSY YARD. SOME OF THE MANY FEATURES INCLUDE HARDWOO FLOORS, COVED CEILINGS, REMODELED KITCHEN AND LOADS OF CHARM.

Bank-owned! This traditional 1940's style home features 1,196 square feet of living space with 3 bedrooms and 1 full bathroom.

$449,900 (LP)
Beds: 3 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 1196 Lot Sz: 5500sqft
Area: 610 Yr: 1941




Bank-owned! This traditional 1940's style home features 1,196 square feet of living space with 3 bedrooms and 1 full bathroom. There is a fireplace in the living room. Dining room and bonus room attached to garage. Hardwood floors in the bedrooms, living room and dining room. The bathroom has a separate standing shower stall and separate bathtub/shower configuration. Bank-owned! All information deemed reliable, however not guaranteed.

GREAT PRICE IN 10 UNIT COMPLEX NEAR DOWNTOWN LA. PERFECT LOCATION FOR USC HEALTH SCIENCES STUDENTS

$415,000 (LP)
Beds: 3 Baths: 2 (0 1 1 0) (FTHQ) Sq Ft: 1367* Lot Sz: 48691sqft*
Area: 676 Yr: 1985*


GREAT PRICE IN 10 UNIT COMPLEX NEAR DOWNTOWN LA. PERFECT LOCATION FOR USC HEALTH SCIENCES STUDENTS. ALSO NEAR WHITE MEMORIAL HOSPITAL. CLOSE TO METROLINK TRANSPORTATION TO DOWNTOWN AND SOUTH PASADENA AREAS. NEWLY PAINTED WITH GREAT CITY VIEWS. HIKING TO ERNEST E. DEBS REGIONAL PARK FOR YOUR NATURE LOVERS. SKYLIGHT FOR LOTS OF LIGHT AND WARM COZY FIREPLACE. BALCONY OFF LIVINGROOM AND PATIO OFF FAMILY ROOM. TWO BATHROOM UPSTAIRS AND 1/2 BATH ON ENTRY LEVEL. FORMAL DININGROOM OFF FAMILYROOM.

Wednesday, July 09, 2008

BEST DEAL IN GLASSEL PARK. REMODELED CONDO WITH MANY EXTRAS. Very affordable

$284,900 (LP)
Beds: 2 Baths: 2 (1 0 1 0) (FTHQ) Sq Ft: 985* Lot Sz: 1172sqft*
Area: 623 Yr: 1981*



BEST DEAL IN GLASSEL PARK. REMODELED CONDO WITH MANY EXTRAS. Very affordable to first time homebuyers. Bright & spacious 2BR 1.5BA 2nd floor unit w/ view & balcony. ENTIRELY NEW: Wood laminate flooring, quality vinyl tiles in kitchen & bathrooms, and outdoor carpet in balcony. ALL BRAND NEW STAINLESS STEEL APPLIANCES: Refrigerator, dishwasher, gas range w/ oven & range hood. BRAND NEW: Super capacity washer & gas dryer. New toilets & bath fixtures. New interior paint. Big bedroom closets. Central A/C & heat. Two parking spaces with storage. Gated complex also features a park-like garden common area. Easy access to major Freeways: 2, 134, 210, 110 & 5. Just a few minutes drive to Old Town Pasadena, downtown LA, Glendale & Burbank Media Center. Walk to shops, restaurants & supermarket. The $250 HOA Fee includes water, basic cable TV, EQ insurance & trash. Move-in ready.





***Listed by prudential

mid century in excellent North east LA location:: 90042

$485,000 (LP)
Beds: 2 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 738* Lot Sz: 5000sqft
Area: 632 Yr: 1954*


Sleek 2-Story Mid-Century in Prime Mt. Angelus area of Highland Park. Updated Systems, Remodeled Kitchen and bath, huge yard. Private roof-top deck and 2 decks (one with Wetbar and Fireplace) Off Living room - with Views! This is CALIF. Living at its best!

*** listing broker:: coldwell banker

Saturday, July 05, 2008

BANKOWNED/DISTRESS SALE EXTRAVAGANZA!!! SCROLL DOWN

$94,999 (LP)
Beds: 2 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 877* Lot Sz: 44741sqft*
Area: 636 Yr: 1989*



JUST REDUCED $30K!!! Bank Owned!!! Lowest Priced Unit!! First floor corner unit in San Fernando. 2bd w/balcony access+2bth, pool access. Located near all amenities in the city of San Fernando. Submit your offers!!


$539,900 (LP)
Beds: 3 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1711* Lot Sz: 6964sqft*
Area: 642 Yr: 1948*

SUMMER-DEAL!!!!!! This Valley Village Bungalow offers hardwood flooring, spacious rooms, and a living room fireplace. Home has a 2 car detached garage which is attached to a long driveway to accomodate up tp 3 + cars. Yard is perfect for entertaining and gives privacy from neighbors.Property located right off 170 FWY..



DOWNTOWN LITTLE TOKYO

$479,900 (LP)
Beds: 2 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1042* Lot Sz: 138016sqft*
Area: 636 Yr: 2005*

SUMMER SIZZLING SAVINGS!!! SELLERS LOSS is YOUR GAIN!! ****BEST PRICED UNIT over 1000 SF in the BUILDING**** 7th BEST PRICED UNIT in the BUILDING!! SITUATED IN A PRIME AREA OF DOWNTOWN LA LITTLE TOKYO, THIS INCREDIBLE LUXURY CONDO FEATURES CERAMIC TILE ENTRY, MASTER SUITE W-WALK-IN CLOSET GOURMET KITCHEN W-STUNNING GRANITE COUNTERTOP. LUXURY AMENITIES INCLUDED POOL, FITNESS CENTER, COMPUTER CONFERENCE ROOM, 24-HR SECURITY. Minutes from Staples Center, Nokia Theater, and MANY MANY MORE Downtown LA Attractions.

CLICK HERE TO SEE MORE DISTRESS SALES

POSTED BY SOLDINTHECITY (LISTING BROKER)

SITC's Best Picks:: Make YOUR offer:: LET THE BANK BITE

::::HIGHLAND PARK:::

$550,000 (LP)
Beds: 5 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 2127 Lot Sz: 8310sqft
Area: 618 Yr: 1958

Very well maintained property with pleasant and cozy interiors, hardwood floors throughout, tiled kitchen, and lots of upgrades, including ample recreation area. Quiet, breezy, hilly neighborhood close to shopping and freeways, nestled close to Glendale, Eagle Rock, and Mt Washington. Conforms to board-and-care business specifications. This is a short sale.... A prize acquisition in the heart of the city!


RESIDENTIAL INCOME
$399,000 (LP)
Beds: 2 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 852* Lot Sz: 4487sqft*
Area: 632 Yr: 1900*

2 house on a lot. one bedroom one bath. Located withinwalking distance to goldline highland park station. alley access to rear unit. owner will deliver front unit vacant. Needs TLC.



RESIDENTIAL INCOME
$450,000 (LP)
Beds: 4 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1348* Lot Sz: 5175sqft*
Area: 632 Yr: 1925*

SHORT SALE. Located in the historical neighborhood of Highland Park, 2 separate houses on a lot! Property has been recently remodeled. Each unit features two bedrooms and one bath. Garage has been converted to offer additional living space and can be rented for additional income. Only minutes from downtown Los Angeles, Eagle Rock, Glendale and Pasadena, this is a great opportunity. Submit all offers!







::::Burbank:::Price $549,000

Three Bedrooms Two Bathrooms (Full/.75) Family Room Mantled Fireplace Formal Dining Room Updated Kitchen with Dining Bar Filtered Water in KitchenMud Room with Sink & Pantry Dual Glazed Vinyl Windows Programmable Central Air & Heat Energy Efficient Ceiling Fans Newer Main Avocado & Grapefruit Trees Automatic Sprinklers Dog Run Patio Deck with Retractable Awning Double Detached Garage with Opener Workbench,Laundry & Door to Usable Shed. NOT A DISTRESS SALE



$579,000
Super opportunity for a large or growing family with this super clean 4BD, 2BA with large family rm. w/ fireplace AND an in-ground pool too! Real nice floor plan with 2BDs w/ bath in front, 2BDs and BA at rear with the large family room w/ slider out to patio and pool serving as the 'heart of the home.' Freshly painted inside and out plus new carpeting throughout. Complete airport retrofit done - CA/FA, dble. pane windows, extra insulation, newer roof, plus a money saving solar hot water heating system. Pool is in good shape with a lot of grassy yard space to finish your Summertime oasis. No short pay or REO here - just a great value!



379,000
HURRY, HURRY!!! THIS WON'T LAST.THIS HOUSE WAS PARTIALLY REMODELED. WONDERFUL FEATURES 3 BEDROOMS 2 BATHROOMS WITH HUGE MASTER BATH AND FULL 2ND BATH, LAUNDRY ROOM AND KITCHEN W/GRANITE COUNTER TOP AND MANY CABINETS, CENTRAL A/C AND HEATING, CROWN MOULDING, NICE LANDSCAPING WITH FRUIT TREE. LOCATED ON SOUTH SIDE OF BURBANK BIKE PATH AND TOWARDS THE END OF CHANDLER. THIS IS A SHORT SALE SUBJECT TO LENDER'S APPROVAL.



$459,250 (LP)
Beds: 2 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 1328* Lot Sz: 9340sqft
Area: 610 Yr: 1951*

NOT A SHORT SALE OR BANK OWNED-Just priced to SELL! Charming fixer-Needs updating in great area on Hillside Cul-De-Sac. Sold AS-IS, Where-is. Cozy* Beamed Ceilings* Brick Fireplace* Smooth Ceilings* Single Level* Lush Gardens* Covered Patio* Attached 2 Car Garage* Concrete Driveway* Burbank Post Office* Sun Valley Location-LA Services & Schools*








:::Mt. Washington:::

$619,900 (LP)
Beds: 4 Baths: 4 (4 0 0 0) (FTHQ) Sq Ft: 3693* Lot Sz: 5015sqft*
Area: 680 Yr: 1986*


Huge home nestled in the hills of Mount Washington. Think of the possibilities of upgrading this property to your taste. Plenty of square footage for the price. Bank Owned property.


HUGE:: LOADS OF POTENTIAL:: GOOD LOCATION


$529,900
Bank Owned!5 Bedroom 2 Bathroom 2261 sqft of living space 6080 sqft Lot. Updated Kitchen with custom cabinets. Family room with fireplace and wood flooring. Lower level of home has seperate kitchen, bedroom, & bathroom. ***It may not be permitted or up to code - buyer to verify.*** Back yard with mature landscaping, patio, and grass area. Property also has a balcony with views of Mt. Washington. Property is gated with an automatic gate opener that may not be operational, buyer to verify.


$515,000 (LP)
Beds: 3 Baths: 2 (1 1 0 0) (FTHQ) Sq Ft: 1177* Lot Sz: 5854sqft*
Area: 623 Yr: 1963*


Sunset & treetop vistas fill every room of this potential packed gem in the Glassell Park Hills. You may just plant a comfortable chair on the ample deck off the living room, or lounge on the enormous lower patio & take in the view over a chilled glass of wine. Or you can bring your own flooring choices + color pallet, kitchen and bath inspirations to set a cool, crisp modernist tone. Truly huge lower level bonus space with separate entrance and high ceilings add to the endless possibilities. Double attached garage, come + bring your inspiration.





$550,000 (LP)
Beds: 5 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 2127 Lot Sz: 8310sqft
Area: 618 Yr: 1958


Very well maintained property with pleasant and cozy interiors, hardwood floors throughout, tiled kitchen, and lots of upgrades, including ample recreation area. Quiet, breezy, hilly neighborhood close to shopping and freeways, nestled close to Glendale, Eagle Rock, and Mt Washington. Conforms to board-and-care business specifications. This is a short sale.... A prize acquisition in the heart of the city!






:::GLASSELL PARK::::



$249,900 (LP)
Beds: 3 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 978 Lot Sz: 2500sqft
Area: 623 Yr: 1922
BANK of trees in yard - could be OWNED by you. House sits high above street level with good pastoral views. Nice quiet Glassel Park street. Raised foundation, hardwood floors, formal dining.



$429,000 (LP)
Beds: 2 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 1010* Lot Sz: 3795sqft*
Area: 623 Yr: 1964*

Price Reduced! Neat Area! Neat House! Mid-Century charm with 2bd/1bath, large dining area, spacious living room, hardwood floors throughout. Efficient kitchen includes stove, fridge and washing machine. Recently painted, copper plumbing, newer roof, central heat. Secluded patio for warm summer nights, plus room for vegetable garden. 7 bountiful fruit trees: avocado, persimmon, loquat, fig, peach, lemon, ect.! Great Value!!


I LOVE LOVE LOVE THIS ONE!!!!
$450,000 (LP)
Beds: 2 Baths: 2 (1 1 0 0) (FTHQ) Sq Ft: 852* Lot Sz: 6912sqft*
Area: 623 Yr: 1953*


Original owner/builder home, first time on the market since 1953. Perched high on the hill at the end of a cul de sac with spactacular views and privacy. A very well maintained home with great views facing west, with views of the Griffith Observatory and far beyond. Lower level has one bedroom, 3/4 bath, den, basement storage and seperate entrance. Beautifully manicured yard, lovely covered patio, large double garage with work bench. Adjacent to Mt. Washington, just a block to Elyria Canyon State Park. Square footage may be greater than indicated and records show the property to be one bedroom with one bath. Seller estimates approx. 1,200 sq. feet. Buyers/agents are advised to investigate official records to satisfy themselves as to permits and to verify the square footage. Subject property is being sold in its present condition. Just minutes to downtown Los Angeles, Pasadena and Glendale. An ideal home for first time homeowner or working professional.





:::ADAMS HILL::::

SHORT SALE
$510,000 (LP)
Beds: 4 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1452 Lot Sz: 4650sqft
Area: 623 Yr: 1963

PRICE REDUCED!!!! Well maintained property nestled on a hillside affording breathtaking and serene views of Moss canyon and surrounding landscapes below. Enjoy warm mornings and cozy nights on the gazebo or the deck outside your Master Bedroom. Lots of possibilities for this four bedroom, 2 bathroom home as an excellent opportunity for a great home centrally located at an incredible discount!!!! Priced to compete with other distressed properties that do not have the features and location of this gem!!!!!!! Close to freeways, schools, shops and businesses. This will not last - see you in escrow. Goodluck!




:::SIERRA MADRE:::
$500,876(V) (LP)
Beds: 2 Baths: 1 (1 0 0 0) (FTHQ) Sq Ft: 912 Lot Sz: 3526sqft
Area: 656 Yr: 1959


This 1959 Sierra Madre Canyon house is a Probate Sale without Court Confirmation. It has a 2 car garage at street level with another parking space just in front of the garage door. The living area is on the second floor with a living room fireplace, dining area, a kitchen bar, 2 bedrooms with generous closet spaces, and one bathroom. This property has had no updates, but offers a wonderful view of the tree canopy of lower Sierra Madre from the balcony, dining room and livng room. This is a great buy for the buyer who can provide the TLC necessary. This is a Prudential Value Range Marketed Home, seller will entertain offers from $440,000 - $500,876.



$458,900 (LP)
Beds: 4 Baths: 2 (2 0 0 0) (FTHQ) Sq Ft: 1370 Lot Sz: 6660sqft
Area: 618 Yr: 1939

GREAT BANK OWNED HOME! tHIS HOME FEATURES 4 BEDROOM AND 2 BATHROOMS, A LARGE FAMILY ROOM WITH A FIREPLACE, A GOOD SIZE KITCHEN AND A DINING ROOM. NEWER WINDOWA THROUGH OUT, NEW FRONT DOOR, A 2 CAR GARAGE AND A LARGE YARD. THIS HOME NEEDS A LITTLE TLC, BUT HAS A LOT OF POTENTIAL OF BECOMING THE HOME OF YOUR DREAMS.

$4.2M Expansive Commercial Building on a main artery Blvd.








Expansive Commercial Building on a main artery Blvd. in the busy and bustling city of North Hollywood, CA. Approx: 20,000 sq. Ft. of Warehouse and showroom space on approx: 28,000 sq. Ft. lot. Currently Set up as Carpet/Tile/Flooring showroom. More office space above the warehouse. Presently being used for storage. Also there is office space above warehouse presently rented until May 1, 2008. Plenty of parking in front and rear. FULLY GATED. DIRECTLY ADJACENT TO the 170 FWY, A busy corner with Gas Station, Food Chains and shops. Near Michaels, Grocery, and stripmall. HIGH VISIBILITY building with loads of potential for the savvy commercial investor. 2nd floor is spacious with loads of potential for offices, showroom, factory, etc. Make an offer on this commercial building with limitless potential.Great for movie industry. Sound studio and sets. SELLER IS HIGHLY MOTIVATED AND WILL CONSIDER ALL REASONABLE OFFERS.






::: GET MORE INFORMATION::: CLICK HERE ::::

Wednesday, July 02, 2008

toluca lake. turnkey. townhouse. terrific studio adjacent location. totally motivated seller

toluca lake. turnkey. townhouse. terrific studio adjacent location. totally motivated seller







john's place

::Unbeatable Location

Easy Studio Access & more!::
Sales Price: $435,000
Bedrooms: 2
Baths: 2
Sq.ft: 975

 
::Green Features::


  • Ceiling Fans in ALL rooms
  • Energy-efficient appliances
  • Spacious Low-maintenance Patio
  • Within Blocks of Grocery Stores, Shops and eateries
  • Weekly Farmers Market is blocks away

Tuesday, July 01, 2008

BANK OWNED EXTRAVAGANZA ::: HIGHLAND PARK

BANK OWNED EXTRAVAGANZA ::: HIGHLAND PARK

CLICK HERE to View Listings

Provided by:
Tricia L Bautista
Las Casas Realty, Inc.
818-521-3060
tlbautista@aol.com
http://soldinthecity.blogspot.com

View Listings link will be available for 30 days. If you do not see a link, copy this text to the address line in your browser:
http://itech.rapmls.com/scripts/mgrqispi.dll?APPNAME=Itech&PRGNAME=MLSLogin&ARGUMENT=3vSKdjfwmSpxMvT2OVlr%2BvGw%2FlBBvNl8ehVCzGsIkGg%3D&KeyRid=1&Include_Search_Criteria=

BANK OWNED EXTRAVAGANZA ::: North East LA / Glendale / Montrose / Glassell Park / Atwater Village Edition

BANK OWNED EXTRAVAGANZA ::: North East LA / Glendale / Montrose / Glassell Park / Atwater Village Edition


CLICK HERE FOR A LIST OF BANK OWNED HOMES
FOR SALE IN AND AROUND NORTHEAST LA AND THE FOOTHILLS


***the following search criteria was used:: Property Types Residential, Residential Income Areas Atwater, La Crescenta/Glen-Mo, Mount Washington, Eagle Rock, Los Feliz, Sparr Heights & Mont, Glen-South of 134 FW, Rossmyn&Verdugo Wood, Glen-Chevy Chas/E Gl, Glen-Northwest, Glassell Park
Status Active
Marketing Remarks bank




NEED AGENT? CALL ME at (818)521-3060, I can help you. Im available to show these or any home for sale on weekdays and weekends.



RESULTS YOU'LL SING ABOUT!



"CLICK THE PHOTO FOR MORE"

No Down Payment? No Worries:: Receive gift money towards your downpayment for a home loan.

Gift funds up to 6% of the final contract sales towards your downpayment and/or closing costs

Gift funds for both first time and repeat homebuyers
(a nominal processing fee may be paid by the seller, homebuyer, or lender.)

Gift funds for both new construction and resale homes

No repayment of gift money

No income or asset limits

No geographical restrictions

**Certain restrictions apply. You may be elible if you are a qualified homebuyer using an eligible loan program, such as an FHA loan and meet other requirements. Inquire within