Los Angeles Living

Los Angeles is a desirable place to live. Just look at the weather going on around the country right now. And Google LOVES us. Google has just leased 100,000 sq. ft. of space in there buildings in Venice, CA. One of them is the Frank Gehry Binoculars Building, previously leased by the advertising giant Chiat/Day. This lease is part of a major expansion by Google in Southern California, and is great news for Los Angeles as the company focuses on hiring around 6,000 new employees this year.

Why is Google expanding in the Los Angeles area?

Google is fighting for top talent with rivals such as Facebook, Twitter and the like. Los Angeles is still a very desirable place to live and Venice properties are extremely close to the beaches with 300 days of sun to take advantage of them. Being close to the entertainment industry and access to the technical know-how of graduates from local universities doesn't hurt either. The average sales price for single family homes in Venice Los Angeles in 2010 was $1,153,235 with 154 h0mes sold. Average days on the market for homes sold were 70. There are presently 79 Venice Los Angeles homes for sale at an average price of $1,514,998. The average sales price for condos in Venice Los Angeles in 2010 was $1,009,336 with 37 sold. Average days on the market for those condos was 55. There are currently 14 condos on the market in Venice Los Angeles for an average price of $1,049,500. Based on last year's sales, both the single family home and the condo markets are primarily a buyer's with around 7 months of inventory. 6 months is a balanced market. If you are considering moving to the Venice Los Angeles area, now is a good time to buy. <

Map of Google's New Venice Los Angeles Home

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Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be. I also specialize in lease property in Los Angeles. Westside Los Angeles Real Estate, including, but not limited to:

• Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
• Brentwood Real Estate - Brentwood single family homes, Brentwood condominiums
• Santa Monica Real Estate - Santa Monica single family homes, Santa Monica condominiums
• Beverly Hills Real Estate - Beverly Hills single family homes, Beverly Hills condominiums
• Culver City Real Estate - Culver City single family homes, Culver City condominiums
• Palms/Mar Vista Real Estate - Palms/Mar Vista single family homes, Palms/Mar Vista condominiums
• Silver Lake Real Estate - Silver Lake single family homes, Silver Lake condominiums
• Echo Park Real Estate - Echo Park single family homes, Echo Park condominiums

For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

If you are looking for a friendly place to sit read your newspaper, or use the wifi to check your email on your laptop in West Los Angeles, then Peet's is the place. First opened in 1966 in Berkeley, CA by Alfred Peet, Peet's Coffee and Tea became a gathering place for coffee lovers. Alfred Peet actually mentored the founders of Starbucks and supplied them with the coffee for their first three years in business. There are approximately nine stores on the Westside of Los Angeles, but the one I frequent is by far the best.

Located at 1854 Westwood Blvd. (just south of Santa Monica Blvd.) this Peet's is a true neighborhood cafe. The baristas are extremely friendly and know all their regular customers by name. The store is a magnet for the locals and if you sit there long enough, someone you know will come in. You may even have time to talk to them if you can tear yourself away from the friends you have made there. The Artisan baked goods are kosher and include an array of muffins, croissants, scones and Danish. Next time you are in the West Los Angeles area, do drop in and say hello. Oh, and did I mention the coffee is absolutely delicious.

Map of Peet's Coffee & Tea West Los Angeles

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Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be. I also specialize in lease property in Los Angeles. Westside Los Angeles Real Estate, including, but not limited to:

• Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
• Brentwood Real Estate - Brentwood single family homes, Brentwood condominiums
• Santa Monica Real Estate - Santa Monica single family homes, Santa Monica condominiums
• Beverly Hills Real Estate - Beverly Hills single family homes, Beverly Hills condominiums
• Culver City Real Estate - Culver City single family homes, Culver City condominiums
• Palms/Mar Vista Real Estate - Palms/Mar Vista single family homes, Palms/Mar Vista condominiums
• Silver Lake Real Estate - Silver Lake single family homes, Silver Lake condominiums
• Echo Park Real Estate - Echo Park single family homes, Echo Park condominiums

For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

If you own Los Angeles rental property the IRS are going to want their share.

Even if you are a casual investor in Los Angeles rental property as of the beginning of 2011 any payment made to vendors over $600 must be followed with a 1099. Owners of larger Los Angeles properties have had to do this for many years, but when the 2010 Small Business Jobs Act (H.R. 5297) was enacted it extended the requirement to owners of any rental property.

What do you need to get from your vendor?

Any vendor who has worked on your Los Angeles rental property, and has been paid in excess of $600, needs to provide you with their name, address, and tax identification of Social Security No. Keep a record on the amount you have paid them and at the end of the year issue a 1099 for that amount.

Are their any exceptions?

• If complying with the requirements causes you a hardship.
• The rental is a temporary rental of your own property.
• The income from your rental does not meet the minimum income threshold.

The information on the second two points is not yet out. So stay tuned.

Who are defined as vendors?

Independent or freelance workers who provide real estate-related services: plumbers, painters, landscapers, etc. People who don't receive a W2 from you and to whom you have paid more than $600 over the course of the year. It does not have to be at one time, so keep track of what you pay, and if at the end of the year it exceeds $600, the out comes the 1099. There are penalties for filing late. You can get a 30-day extension for filing your forms with the IRS, but your vendors need to receive them on time, usually by the 31st of January, in order for them to do their taxes. If you are the managing small Los Angeles rental property make sure the owner knows about this new law.

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be. I also specialize in lease property in Los Angeles. Westside Los Angeles Real Estate, including, but not limited to:

• Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
• Brentwood Real Estate - Brentwood single family homes, Brentwood condominiums
• Santa Monica Real Estate - Santa Monica single family homes, Santa Monica condominiums
• Beverly Hills Real Estate - Beverly Hills single family homes, Beverly Hills condominiums
• Culver City Real Estate - Culver City single family homes, Culver City condominiums
• Palms/Mar Vista Real Estate - Palms/Mar Vista single family homes, Palms/Mar Vista condominiums
• Silver Lake Real Estate - Silver Lake single family homes, Silver Lake condominiums
• Echo Park Real Estate - Echo Park single family homes, Echo Park condominiums

For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

Ever parked your car in a large mall like Santa Monica Place in Santa Monica, gone shopping, and then come back to realize that you have forgotten when you left it?

Santa Monica Place has installed the first camera-based "Find Your Car" system in the country.

How does it work?

You punch your license plate number into the touch screen of a kiosk. A photo comes of up your car's location. Park Assist is the company who developed the "Find Your Car" system along with the red and green lights above parking spaces, showing which ones available. These are also present at The Grove and Westfield Century City. The system has proved quite helpful and lowered the number of times a mall security person has to drive around a distraught shopper looking for their car. There is concern about the privacy of the "Find Your Car" system. If you are being stalked by an angry boyfriend, or the police, then they would have easy access. Park Assist is working on a new technology to allow the parking stub to be inserted into a machine which would show the location of the car. This would also help if you forget your license plate, or in the case of a new car, don't have one. Santa Monica Place in Santa Monica has seen business increase 3-5% because of the "Find Your Car" system. After all, wouldn't you rather visit a mall where you don't have to stress about remembering where you parked your car!

Map of Santa Monica Mall

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Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be. I also specialize in lease property in Los Angeles. Westside Los Angeles Real Estate, including, but not limited to:

• Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
• Brentwood Real Estate - Brentwood single family homes, Brentwood condominiums
• Santa Monica Real Estate - Santa Monica single family homes, Santa Monica condominiums
• Beverly Hills Real Estate - Beverly Hills single family homes, Beverly Hills condominiums
• Culver City Real Estate - Culver City single family homes, Culver City condominiums
• Palms/Mar Vista Real Estate - Palms/Mar Vista single family homes, Palms/Mar Vista condominiums
• Silver Lake Real Estate - Silver Lake single family homes, Silver Lake condominiums
• Echo Park Real Estate - Echo Park single family homes, Echo Park condominiums

For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

Echo Park Los Angeles is a culturally diverse neighborhood near downtown Los Angeles. If you are thinking of buying or selling a home in Echo Park you may want to check out the latest housing market statistics. The Echo Park real estate report below is for single family homes over 2010. Condos are a small part of the Echo Park real estate market. Also, the boundaries of Echo Park are rather loosely defined, and the Los Angeles Multiple Listing Service (MLS) combines Echo Park with Silver Lake for its home search purposes.

Echo Park Boundary Map

So the report below is a rough overview of last year's Echo Park housing trend

.

Echo Park Real Estate is leaning towards a buyers' market. The average sales price is up a little, but the sales vs list price is down, and average days on the market are up. 6 months is a balanced market, and although the months supply of inventory is down slightly, at 6.90 months, this is a good time for Echo Park home buyers.

Map of Echo Park Los Angeles

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Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be. I also specialize in lease property in Los Angeles. Westside Los Angeles Real Estate, including, but not limited to:

• Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
• Brentwood Real Estate - Brentwood single family homes, Brentwood condominiums
• Santa Monica Real Estate - Santa Monica single family homes, Santa Monica condominiums
• Beverly Hills Real Estate - Beverly Hills single family homes, Beverly Hills condominiums
• Culver City Real Estate - Culver City single family homes, Culver City condominiums
• Palms/Mar Vista Real Estate - Palms/Mar Vista single family homes, Palms/Mar Vista condominiums
• Silver Lake Real Estate - Silver Lake single family homes, Silver Lake condominiums
• Echo Park Real Estate - Echo Park single family homes, Echo Park condominiums

For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

You are relocating to Los Angeles, or are in-between situations. Maybe you are downsizing your Los Angeles home and would like to try leasing a condo in West Los Angeles before making the final decision about where you would like to live. There are a number of condos available for lease in West Los Angeles. Prime areas to look include the Wilshire Corridor and Century City.

Wilshire Corridor condos for lease

There are presently 68 Wilshire Corridor condos for lease.

• Average price = $8,481
• Low price = $2,450 at the Crown Towers
• High price = $32,000 at The Carlyle

Century City condos for lease

There are presently 34 Century City condos for lease.

• Average price = $4,565
• Low price = $2,100 at 2160 Century Park East
• High price = $14,750 at Century Woods

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be. I also specialize in lease property in Los Angeles. Westside Los Angeles Real Estate, including, but not limited to:

• Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
• Brentwood Real Estate - Brentwood single family homes, Brentwood condominiums
• Santa Monica Real Estate - Santa Monica single family homes, Santa Monica condominiums
• Beverly Hills Real Estate - Beverly Hills single family homes, Beverly Hills condominiums
• Culver City Real Estate - Culver City single family homes, Culver City condominiums
• Palms/Mar Vista Real Estate - Palms/Mar Vista single family homes, Palms/Mar Vista condominiums
• Silver Lake Real Estate - Silver Lake single family homes, Silver Lake condominiums
• Echo Park Real Estate - Echo Park single family homes, Echo Park condominiums

For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

Jane Peters knows L.A. Real Estate. Let me do the Work for You!

If you are looking at Culver City real estate with an eye to buying a home, or you are thinking of selling your home in Culver City, you are probably wondering how the housing market did in 2010.

Culver City still remains a desirable place to live.  It is an artistic community with an ever growing number of restaurants opening.  And the metro line in phase one of constructions, slated to carry passengers from downtown to Santa Monica, is only going to increase the housing values in the area.

Culver City real estate still remains affordable, and if you have any interest in income property, Culver City does not have rent control!

So how did Culver City real estate do in 2010?

The Culver City single family housing market remains very strong.  Inventory is fairly low, average days on the market are under 2 months, average sales prices are steady and the sales vs list price is high.  The single family market is a sellers' market.

The Culver City condo market, is slowing down, although is still quite balanced, with just over 6 months of inventory, which indicates a buyers' market.  Average prices are fairly steady, average days on the market under 3 months, and sales vs list price reasonably high.

If you are looking at buying or selling a Culver City home, now is not a terrible time.

Map of Culver City, CA

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Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live.  I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be.  I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

• Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
• Brentwood Real Estate -  Brentwood single family homes, Brentwood condominiums
• Santa Monica Real Estate - Santa Monica single family homes, Santa Monica condominiums
• Beverly Hills Real Estate - Beverly Hills single family homes, Beverly Hills condominiums
• Culver City Real Estate -  Culver City single family homes, Culver City condominiums
• Palms/Mar Vista Real Estate - Palms/Mar Vista single family homes, Palms/Mar Vista condominiums
• Silver Lake Real Estate - Silver Lake single family homes, Silver Lake condominiums
• Echo Park Real Estate - Echo Park single family homes, Echo Park condominiums

For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

Jane Peters knows L.A. Real Estate.  Let me do the Work for You!

 

You know the story.  The kids are gone. You have more space than you could ever use.  The maintenance of the home is becoming more than you can handle and you are thinking, "should I downsize my Los Angeles home?"

You have decided that you are ready and are wondering how to proceed:

Should I wait to sell my Los Angeles home?

The good news is that any time you are thinking of selling your Los Angeles home is the right time.  You are worried that prices are down and now is not the time.  But think.  You are also buying when prices are down.  The same applies when prices are up.

Should I sell before I buy?

This would be the best course of action. Buying a home contingent on the sale of your own property is not the best course of action.   You can always rent before you have found a new home. Renting is a great way to find out if you are going to be happy in a particular situation.

Where will I move?

One option is to move to a full service condominium building like those on the Wilshire Corridor or in Century City.  These buildings provide you with security, every amenity you can think of and views to die for.  The homeowners dues are pretty hefty, but you will never have to carry your shopping in again.If you are not sure about condo living you could try leasing on the Wilshire Corridor or in Century City, and see how it feels.

There is a shortage of good inventory right now.  Buyers are out there, and if you price your home right it will sell.

It is tough to let go of a home you have lived in for so long, in which your family grew up, but it may be time to look at your next living opportunity.  A home that takes care of you, rather than the other way around.

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be. I also specialize in lease property in Los Angeles. Westside Los Angeles Real Estate, including, but not limited to:

• Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
• Brentwood Real Estate - Brentwood single family homes, Brentwood condominiums
• Santa Monica Real Estate - Santa Monica single family homes, Santa Monica condominiums
• Beverly Hills Real Estate - Beverly Hills single family homes, Beverly Hills condominiums
• Culver City Real Estate - Culver City single family homes, Culver City condominiums
• Palms/Mar Vista Real Estate - Palms/Mar Vista single family homes, Palms/Mar Vista condominiums
• Silver Lake Real Estate - Silver Lake single family homes, Silver Lake condominiums
• Echo Park Real Estate - Echo Park single family homes, Echo Park condominiums

For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

Jane Peters knows L.A. Real Estate. Let me do the Work for You!

Where should you live in Santa Monica?

You know you want to live in Santa Monica, but in a city of 8.3 square miles, and several diverse neighborhoods, you are not sure where to look. There are several distinct areas of Santa Monica each with its own advantage and price ranges. From upscale condos on Santa Monica Beach to high end homes, and plenty of opportunities to lease in between. Living in Santa Monica offers something for everyone. The Santa Monica housing market report below covers 2010 sales and divided by zip code.

Santa Monica Zip Code Map

View Santa Monica by Zip Code in a larger map

The Santa Monica zip code boundaries below are roughly described:

Santa Monica zip code 90401

Wilshire Blvd. to the north to Pico Blvd to. in the south. Bordering the ocean to the west and angling down from 12th St. to the East.

Santa Monica zip code 90402

San Vicente Blvd. to the north to Montana Ave. to the south. Bordering the ocean to the west and 26th St. to the east. 90402 also extends into the area known at Santa Monica Canyon, not part of the City of Santa Monica

.

Santa Monica zip code 90403

Montana Ave. to the north to Wilshire Blvd. to the south. Bordering the ocean to the west and Carmelina Ave. to the east.

Santa Monica zip code 90404

Wilshire Blvd. to the north to Kansas Ave. to the south. Bordering the ocean to the west and Centinela Ave. to the east.

Santa Monica zip code 90405

Pico Blvd. to the north to Ozone Ave. to the south. Bordering the ocean to the west and Centinela Ave. to the east.

Santa Monica real estate single family housing market trend - 2010

The Santa Monica single family housing market is quite steady.  Average sales prices are up, days on the market under 3 months, and average sales price over list price quite respectable.  In 90403 the past three months shows a sales to list price of 101.61%, however there is 16 months worth of inventory, as strong buyers' market.

Other than 90403, the Santa Monica single family real estate market, is an extremely strong one for sellers.

 

Santa Monica real estate condo housing market trend - 2010

In every zip code except 90401 and 90402, the Santa Monica condo market is a seller's market. Overall, the average sales price is up and days on the market fairly steady except for 90402, which with 90401 is a buyer's market.

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be. I also specialize in lease property in Los Angeles. Westside Los Angeles Real Estate, including, but not limited to:

• Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
• Brentwood Real Estate - Brentwood single family homes, Brentwood condominiums
• Santa Monica Real Estate - Santa Monica single family homes, Santa Monica condominiums
• Beverly Hills Real Estate - Beverly Hills single family homes, Beverly Hills condominiums
• Culver City Real Estate - Culver City single family homes, Culver City condominiums
• Palms/Mar Vista Real Estate - Palms/Mar Vista single family homes, Palms/Mar Vista condominiums
• Silver Lake Real Estate - Silver Lake single family homes, Silver Lake condominiums
• Echo Park Real Estate - Echo Park single family homes, Echo Park condominiums

For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

Jane Peters knows L.A. Real Estate. Let me do the Work for You!

Should I buy a Los Angeles home in a short sale or foreclosure? Should I sell my home as a short sale or allow the bank to foreclose? These are questions faced by many Los Angeles home buyers and sellers in today's tough times.

What is a short sale?

A short sale is when a home owner opts to sell his home for less than he owes on the mortgage, rather than let the bank foreclose on him. Technically the hit on his credit and future home buying power is supposed to be less with a short sale. If you are thinking of selling your Los Angeles home as a short sale you may be advised to stop making your mortgage payments, and you will certainly have to demonstrate financial hardship. The process can be a long one. You will have to make your home available to buyers like any normal sale, and there is no guarantee the bank will accept any offers presented to them. If you are thinking of buying a Los Angeles short sale be prepared for a long haul. You can put your heart and soul into the purchase process and end up with nothing. Even after a bank acceptance of your offer, there is no guarantee the sale will close. You are also dealing with sellers who are in an emotional frame of mind having to let go of a home they probably love. One advantage of the short sale is that the home is most probably going to be better maintained than a foreclosure A Los Angeles short sale is not for the thin-skinned.

Buying a Los Angeles foreclosure

Buying a foreclosure is an easier purchase, as you are dealing directly with the bank. However, know that you are probably going to find homes in less desirable condition than those that were bought through a short sale. Owners of homes that have gone into foreclosure are more likely to trash those homes, through frustration, and your "steal" could end up to be a money pit. Sometimes it is worth considering both options and your Los Angeles realtor will advise you on the best course of action. If they say "run", you might want to listen to them.

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be. I also specialize in lease property in Los Angeles. Westside Los Angeles Real Estate, including, but not limited to:

• Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
• Brentwood Real Estate - Brentwood single family homes, Brentwood condominiums
• Santa Monica Real Estate - Santa Monica single family homes, Santa Monica condominiums
• Beverly Hills Real Estate - Beverly Hills single family homes, Beverly Hills condominiums
• Culver City Real Estate - Culver City single family homes, Culver City condominiums
• Palms/Mar Vista Real Estate - Palms/Mar Vista single family homes, Palms/Mar Vista condominiums
• Silver Lake Real Estate - Silver Lake single family homes, Silver Lake condominiums
• Echo Park Real Estate - Echo Park single family homes, Echo Park condominiums

For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

Jane Peters knows L.A. Real Estate. Let me do the Work for You!