If you are a buyer, you need to know that a large proportion of the properties listed in LA are being sold due to financial distress. Purchases of this type can be long and complex. You need an agent who understands the pitfalls associated with this type of sale and how to work through them for a successful purchase.
Getting the best deal means knowing what to look for. Some properties may look like bargains on paper, but they are really just money pits. Others that may look horrible can actually turn out to be diamonds in the rough.
Copyright © 2011 by Jim Malmberg • CA DRE# 01815608 • E-Mail: firstname.lastname@example.org • Phone: 818-728-1100
Whether you are selling or purchasing a home, it's a tricky real estate market right now. Is your current agent up to the task?
Forget about what you have heard about Los Angeles real estate. It may be one big city but it is made up of many different real estate markets. Even in this soft market, bidding wars are common in many locations. In others, homes can languish on the market.
If you are a seller, you need an agent who understands the market in your area, how to price your home effectively to bring you the maximum return and, if necessary, who knows how to work with your lender(s) to secure any needed approvals.
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