Login / Register
westsideHomefinder.com
Serving Los Angeles Since 2003
310.935.0210
310.935.0210
Menu
Home
FAQ’s
About Us
Must Read Articles
Contact Us
Search
Buy
Sell
Rent
Neighborhoods
Home
iPhone | iPad | Android
Install Our App
Search Our Mobile Site
MLS search
Open House
Home Search
Lease Search
Map Search
Hot Properties
Short Sales
Sellers
Navigating Short Sales: If you’re thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won’t cover your total mortgage obligation and closing costs, and you don’t have other sources of money to cover the deficiency. A short sale is different from a foreclosure, which is when your lender takes title of your home through a lengthy legal process and then sells it. 1. Consider loan modification first. If you are thinking of selling your home because of financial difficulties and you anticipate a short sale, first contact your lender to see if it has any programs to help you stay in your home. Your lender may agree to a modification such as: Refinancing your loan at a lower interest rate Providing a different payment plan to help you get caught up Providing a forbearance period if your situation is temporary When a loan modification still isn’t enough to relieve your financial problems, a short sale could be your best option if Your property…
Is a Short Sale Right For Me?
Are you in financial distress because of your mortgage? Do you need to get out from under a payment that has become too much to manage due to loss of employment, reduction of wages, or your ARM has reset? If so, you are one of the hundreds of other Westside homeowners who are in the same leaky boat, and there’s no easy way out. A successful Short Sale may be your best option available. We are certified Short Sale specialists with the experience and track record to help you achieve your goal. What is a short sale? A short sale is a transaction in which the lender, or lenders, agree to accept less than the mortgage amount owed by the current homeowner. In some cases, the difference is forgiven by the lender, and in others the homeowner must make arrangements with the lender to settle the remainder of the debt. Why is the number of short sales rising? Due to the recent economic crisis, including rising unemployment, and drops in home prices in communities across the nation, the number of short sales is increasing. Since a short sale generally costs the lender less than a foreclosure, it can be a…
Short Sale Pre-Qualification
Your Full Name* Property Address* City or Zip Code* First Mortgage* Second Lien Other Liens Loan Payments Current?YesNo* If no, how many payments are late?* What is the situation that caused you to miss or will cause you to miss your payments?* Have you spoken with anyone at the lender/lien holder’s office?YesNo* Who did you speak to? In what Department? What was discussed? Are your real estate taxes escrowed?YesNo* If no, are they current?YesNo* Is there any legal action pending related to this property of which you are aware?YesNo* Are there any other liens that could affect the sale?YesNo* If yes, please explain Are you currently working with an Attorney?YesNo* If yes, please provide name and contact information
What Documentation is Required to Begin Short Sale?
By visiting our website, and reading this page you have taken the first, and most important step: reaching out to Short Sale specialists with the know-how to successfully complete the short sale of your home. In order to determine your eligibility for a short sale please complete our Short Sale Pre-Qualification questionnaire. If our team determines that you and your property pre-qualify for a short sale, you will need to provide the following documentation: A hardship letter detailing your financial situation and why you need the short sale Proof of your income and assets (W2′s and/or 1099′s and 2 most recent pay period paystubs) Copies of your federal income tax returns for the past two years (and copy of your extension for current year, if applicable) Recent Mortgage Statements for all Liens Borrower Financial Statement (provided to you upon completion of short sale pre-qualification) Authorization letter(s) permitting us to communicate directly with your lender(s) (provided to you upon completion of short sale pre-qualification ) Any foreclosure correspondence from lender(s) Success in a short sale relies on 3 primary areas of expertise: Pricing, Paperwork, and Persistence. Before you list with any agent you need to know that he or she is…
Why Work With SFR Certified Short Sale Specialists?
You may have a close friend or relative in real estate, but if that person doesn’t know anything about short sales, working with him or her may hurt your chances of a successful closing. A qualified real estate professional will be able to show you short-sale homes, help negotiate the purchase when you find the property you want to buy, and smooth communications with the lender. Hire a qualified team. The first step to a short sale is to hire a qualified real estate professional who specializes in short sales. Short sales have proliferated only in the last few years, so it may be hard to find practitioners who have closed a lot of short sales. You want to work with those who demonstrate a thorough working knowledge of the short-sale process and who won’t try to take advantage of your situation or pressure you to do something that isn’t in your best interest. Our agents have gone a step further, and obtained advanced training and education leading to their Short Sale and Foreclosure Resource (SFR) certification. The combination of experience, education and a successful track record is what sets the Westside Short Sale apart from the competition. Our agents…
What Is The HAFA Government Program?
Keeping families in their homes is a top priority for REALTORS®. Unfortunately, it is not always possible to meet this goal. While there are loan modification and other programs that can help families, not everyone will qualify. For many families who are at risk of losing their home through foreclosure, a new program from the Treasury Department may be able to help you. In February 2009, the Obama Administration introduced the Making Home Affordable Program — a plan to stabilize the housing market and help struggling homeowners stay in their homes. One of the possible ways to help families stay in their homes is to modify mortgages to make them more affordable through a program called the Home Affordable Modification Program or HAMP. While many families have received help through HAMP, far too many won’t be able to keep their home even with a loan modification. For these families, the Treasury Department has established a new short sales program called the Home Affordable Foreclosure Alternatives Program or HAFA. HAFA is designed to streamline short sales by providing a uniform process and standard forms, as well as incentives for families and their mortgage servicers to complete the process. It offers homeowners…
Buyers
Thinking of Making an Offer on a Short Sale? What You Need to Know Are you looking to buy a new home? Are you thinking that now’s a great time to find bargains? That’s true, but it pays to know a little about the seller’s situation before you make an offer. If a home is being sold for below what the current seller owes on the property—and the seller does not have other funds to make up the difference at closing—the sale is considered a short sale. Many more home owners are finding themselves in this situation due to a number of factors, including job losses, aggressive borrowing against their home in the days of easy credit, and declining home values in a slower real estate market. A short sale is different from a foreclosure, which is when the seller’s lender has taken title of the home and is selling it directly. Homeowners often try to accomplish a short sale in order to avoid foreclosure. But a short sale holds many potential pitfalls for buyers. Know the risks before you pursue a short-sale purchase. You’re a good candidate for a short-sale purchase if: You’re very patient. Even after you come…
MLS search
Search Short Sale Listings
Map Search
Mortgage Calculator
5 Tips to Land Your Dream Home in 2013
Our Story
Dom Naidoo & Josh Barre – Luxury Real Estate Experts
Dom Naidoo
Although I have been a Los Angeles Westside resident for most of my life(28 years), I was born in South Africa and moved to Santa Monica in 1981. After graduating from Santa Monica High School in 1990, I enrolled in Santa Monica College where I spent the next two years taking Business & Management courses. After attending UCLA for a short period, I decided to help my family run our restaurant, Palisades Garden Cafe(formerly Palisades Bakery), in Pacific Palisades. Being in such a great part of town, it was not long before I realized that I should join the Real Estate world. After spending a short while working with a Top Producer in Pacific Palisades, I decided to work for Coldwell Banker inMalibu. Working with top producers and high-end properties in Malibu was an amazing experience and helped me gain knowledge of the Real Estate industry. I have assisted in successfully closing over 1600 transactions amounting to more than 6 billion dollars in sales! In 2006 I decided to leave “Corporate America” and accept an Associate Manager position from Bill Toth, owner of Windermere Real Estate/Bill Toth & Associates. Helping manage, train, and mentor the agents was a great deal of enjoyment and experience. The experience I gained was priceless! In 2008 I joined forces with one of my…
Scotty Brown
Brooks Thomas
Anne Hartley
Shazeena Ali
Danielle Ariola
Danielle was born and raised on the Westside. Licensed since 2005, Danielle’s clients have benefited from her local knowledge, enthusiam and “can-do” attitude. Danielle Ariola Westside Properties 310-980-5538
James Daly
Maria Cox-Dwyer
Recent Testimonials
Contact Us
[si-contact-form form=’1′]
Home Seller
Home Buyer
Market Research
Bankowned
Short Sales
Contact Us
Home
iPhone | iPad | Android
Install Our App
Search Our Mobile Site
MLS search
Open House
Home Search
Lease Search
Map Search
Hot Properties
Short Sales
Sellers
Navigating Short Sales: If you’re thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won’t cover your total mortgage obligation and closing costs, and you don’t have other sources of money to cover the deficiency. A short sale is different from a foreclosure, which is when your lender takes title of your home through a lengthy legal process and then sells it. 1. Consider loan modification first. If you are thinking of selling your home because of financial difficulties and you anticipate a short sale, first contact your lender to see if it has any programs to help you stay in your home. Your lender may agree to a modification such as: Refinancing your loan at a lower interest rate Providing a different payment plan to help you get caught up Providing a forbearance period if your situation is temporary When a loan modification still isn’t enough to relieve your financial problems, a short sale could be your best option if Your property…
Is a Short Sale Right For Me?
Are you in financial distress because of your mortgage? Do you need to get out from under a payment that has become too much to manage due to loss of employment, reduction of wages, or your ARM has reset? If so, you are one of the hundreds of other Westside homeowners who are in the same leaky boat, and there’s no easy way out. A successful Short Sale may be your best option available. We are certified Short Sale specialists with the experience and track record to help you achieve your goal. What is a short sale? A short sale is a transaction in which the lender, or lenders, agree to accept less than the mortgage amount owed by the current homeowner. In some cases, the difference is forgiven by the lender, and in others the homeowner must make arrangements with the lender to settle the remainder of the debt. Why is the number of short sales rising? Due to the recent economic crisis, including rising unemployment, and drops in home prices in communities across the nation, the number of short sales is increasing. Since a short sale generally costs the lender less than a foreclosure, it can be a…
Short Sale Pre-Qualification
Your Full Name* Property Address* City or Zip Code* First Mortgage* Second Lien Other Liens Loan Payments Current?YesNo* If no, how many payments are late?* What is the situation that caused you to miss or will cause you to miss your payments?* Have you spoken with anyone at the lender/lien holder’s office?YesNo* Who did you speak to? In what Department? What was discussed? Are your real estate taxes escrowed?YesNo* If no, are they current?YesNo* Is there any legal action pending related to this property of which you are aware?YesNo* Are there any other liens that could affect the sale?YesNo* If yes, please explain Are you currently working with an Attorney?YesNo* If yes, please provide name and contact information
What Documentation is Required to Begin Short Sale?
By visiting our website, and reading this page you have taken the first, and most important step: reaching out to Short Sale specialists with the know-how to successfully complete the short sale of your home. In order to determine your eligibility for a short sale please complete our Short Sale Pre-Qualification questionnaire. If our team determines that you and your property pre-qualify for a short sale, you will need to provide the following documentation: A hardship letter detailing your financial situation and why you need the short sale Proof of your income and assets (W2′s and/or 1099′s and 2 most recent pay period paystubs) Copies of your federal income tax returns for the past two years (and copy of your extension for current year, if applicable) Recent Mortgage Statements for all Liens Borrower Financial Statement (provided to you upon completion of short sale pre-qualification) Authorization letter(s) permitting us to communicate directly with your lender(s) (provided to you upon completion of short sale pre-qualification ) Any foreclosure correspondence from lender(s) Success in a short sale relies on 3 primary areas of expertise: Pricing, Paperwork, and Persistence. Before you list with any agent you need to know that he or she is…
Why Work With SFR Certified Short Sale Specialists?
You may have a close friend or relative in real estate, but if that person doesn’t know anything about short sales, working with him or her may hurt your chances of a successful closing. A qualified real estate professional will be able to show you short-sale homes, help negotiate the purchase when you find the property you want to buy, and smooth communications with the lender. Hire a qualified team. The first step to a short sale is to hire a qualified real estate professional who specializes in short sales. Short sales have proliferated only in the last few years, so it may be hard to find practitioners who have closed a lot of short sales. You want to work with those who demonstrate a thorough working knowledge of the short-sale process and who won’t try to take advantage of your situation or pressure you to do something that isn’t in your best interest. Our agents have gone a step further, and obtained advanced training and education leading to their Short Sale and Foreclosure Resource (SFR) certification. The combination of experience, education and a successful track record is what sets the Westside Short Sale apart from the competition. Our agents…
What Is The HAFA Government Program?
Keeping families in their homes is a top priority for REALTORS®. Unfortunately, it is not always possible to meet this goal. While there are loan modification and other programs that can help families, not everyone will qualify. For many families who are at risk of losing their home through foreclosure, a new program from the Treasury Department may be able to help you. In February 2009, the Obama Administration introduced the Making Home Affordable Program — a plan to stabilize the housing market and help struggling homeowners stay in their homes. One of the possible ways to help families stay in their homes is to modify mortgages to make them more affordable through a program called the Home Affordable Modification Program or HAMP. While many families have received help through HAMP, far too many won’t be able to keep their home even with a loan modification. For these families, the Treasury Department has established a new short sales program called the Home Affordable Foreclosure Alternatives Program or HAFA. HAFA is designed to streamline short sales by providing a uniform process and standard forms, as well as incentives for families and their mortgage servicers to complete the process. It offers homeowners…
Buyers
Thinking of Making an Offer on a Short Sale? What You Need to Know Are you looking to buy a new home? Are you thinking that now’s a great time to find bargains? That’s true, but it pays to know a little about the seller’s situation before you make an offer. If a home is being sold for below what the current seller owes on the property—and the seller does not have other funds to make up the difference at closing—the sale is considered a short sale. Many more home owners are finding themselves in this situation due to a number of factors, including job losses, aggressive borrowing against their home in the days of easy credit, and declining home values in a slower real estate market. A short sale is different from a foreclosure, which is when the seller’s lender has taken title of the home and is selling it directly. Homeowners often try to accomplish a short sale in order to avoid foreclosure. But a short sale holds many potential pitfalls for buyers. Know the risks before you pursue a short-sale purchase. You’re a good candidate for a short-sale purchase if: You’re very patient. Even after you come…
MLS search
Search Short Sale Listings
Map Search
Mortgage Calculator
5 Tips to Land Your Dream Home in 2013
Our Story
Dom Naidoo & Josh Barre – Luxury Real Estate Experts
Dom Naidoo
Although I have been a Los Angeles Westside resident for most of my life(28 years), I was born in South Africa and moved to Santa Monica in 1981. After graduating from Santa Monica High School in 1990, I enrolled in Santa Monica College where I spent the next two years taking Business & Management courses. After attending UCLA for a short period, I decided to help my family run our restaurant, Palisades Garden Cafe(formerly Palisades Bakery), in Pacific Palisades. Being in such a great part of town, it was not long before I realized that I should join the Real Estate world. After spending a short while working with a Top Producer in Pacific Palisades, I decided to work for Coldwell Banker inMalibu. Working with top producers and high-end properties in Malibu was an amazing experience and helped me gain knowledge of the Real Estate industry. I have assisted in successfully closing over 1600 transactions amounting to more than 6 billion dollars in sales! In 2006 I decided to leave “Corporate America” and accept an Associate Manager position from Bill Toth, owner of Windermere Real Estate/Bill Toth & Associates. Helping manage, train, and mentor the agents was a great deal of enjoyment and experience. The experience I gained was priceless! In 2008 I joined forces with one of my…
Scotty Brown
Brooks Thomas
Anne Hartley
Shazeena Ali
Danielle Ariola
Danielle was born and raised on the Westside. Licensed since 2005, Danielle’s clients have benefited from her local knowledge, enthusiam and “can-do” attitude. Danielle Ariola Westside Properties 310-980-5538
James Daly
Maria Cox-Dwyer
Recent Testimonials
Contact Us
[si-contact-form form=’1′]
Home Seller
Home Buyer
Market Research
Bankowned
Short Sales
Contact Us
Buy
iPhone | iPad | Android
Install Our App
Search Our Mobile Site
Oceanfront Homes
MLS search
Map Search
Search Listings
Organizer Login
Email Alerts
Buy
iPhone | iPad | Android
Install Our App
Search Our Mobile Site
Oceanfront Homes
MLS search
Map Search
Search Listings
Organizer Login
Email Alerts
Sell
Deciding to Sell
Preparing Your Home for Sale
Listing Agreements
Pricing your Home to Sell
Sell your Home in 30 days
The Transaction From Start to Finish
Sell
Deciding to Sell
Preparing Your Home for Sale
Listing Agreements
Pricing your Home to Sell
Sell your Home in 30 days
The Transaction From Start to Finish
Los Angeles
[caption id="attachment_201" align="alignleft" width="150" caption="Pacific Palisades"][/caption] [caption id="attachment_186" align="alignright" width="150" caption="Malibu"][/caption] [caption id="attachment_182" align="alignleft" width="150" caption="Brentwood"][/caption] [caption id="attachment_181" align="alignright" width="150" caption="Bel Air"][/caption] [caption id="attachment_191" align="alignleft" width="150" caption="Venice"][/caption] [caption id="attachment_188" align="alignright" width="150" caption="Marina del Rey"][/caption] [caption id="attachment_193" align="alignleft" width="150" caption="Westwood / Century City"][/caption] [caption id="attachment_187" align="alignright" width="150" caption="Palms / Mar Vista"][/caption]
Malibu
Malibu
Pacific Palisades
Santa Monica
Brentwood
Venice
Del Rey
Marina del Rey
Marina Del Rey
Schools
[schoolsearch city="Pacific Palisades" state="CA" groupby="gradelevel" output="table"] [schoolsearch city="Malibu" state="CA" groupby="gradelevel" output="table"] [schoolsearch city="Santa Monica" state="CA" groupby="gradelevel" output="table"] [schoolsearch city="Brentwood" state="CA" zip="90049" groupby="gradelevel" output="table"] [schoolsearch city="Mar Vista" state="CA" zip="90066" groupby="gradelevel" output="table"] [schoolsearch city="West Los Angeles" state="CA" zip="90025" groupby="gradelevel" output="table"] [schoolsearch city="Venice" state="CA" groupby="gradelevel" output="table"] [schoolsearch city="Marina del Rey" state="CA" groupby="gradelevel" output="table"] [schoolsearch city="Culver City" state="CA" groupby="gradelevel" output="table"] [schoolsearch city="Westwood/Century City" state="CA" zip="90024" groupby="gradelevel" output="table"] [schoolsearch city="Beverly Hills" state="CA" groupby="gradelevel" output="table"] [schoolsearch city="Westchester" state="CA" groupby="gradelevel" output="table"]
Los Angeles
[caption id="attachment_201" align="alignleft" width="150" caption="Pacific Palisades"][/caption] [caption id="attachment_186" align="alignright" width="150" caption="Malibu"][/caption] [caption id="attachment_182" align="alignleft" width="150" caption="Brentwood"][/caption] [caption id="attachment_181" align="alignright" width="150" caption="Bel Air"][/caption] [caption id="attachment_191" align="alignleft" width="150" caption="Venice"][/caption] [caption id="attachment_188" align="alignright" width="150" caption="Marina del Rey"][/caption] [caption id="attachment_193" align="alignleft" width="150" caption="Westwood / Century City"][/caption] [caption id="attachment_187" align="alignright" width="150" caption="Palms / Mar Vista"][/caption]
Malibu
Malibu
Pacific Palisades
Santa Monica
Brentwood
Venice
Del Rey
Marina del Rey
Marina Del Rey
Schools
[schoolsearch city="Pacific Palisades" state="CA" groupby="gradelevel" output="table"] [schoolsearch city="Malibu" state="CA" groupby="gradelevel" output="table"] [schoolsearch city="Santa Monica" state="CA" groupby="gradelevel" output="table"] [schoolsearch city="Brentwood" state="CA" zip="90049" groupby="gradelevel" output="table"] [schoolsearch city="Mar Vista" state="CA" zip="90066" groupby="gradelevel" output="table"] [schoolsearch city="West Los Angeles" state="CA" zip="90025" groupby="gradelevel" output="table"] [schoolsearch city="Venice" state="CA" groupby="gradelevel" output="table"] [schoolsearch city="Marina del Rey" state="CA" groupby="gradelevel" output="table"] [schoolsearch city="Culver City" state="CA" groupby="gradelevel" output="table"] [schoolsearch city="Westwood/Century City" state="CA" zip="90024" groupby="gradelevel" output="table"] [schoolsearch city="Beverly Hills" state="CA" groupby="gradelevel" output="table"] [schoolsearch city="Westchester" state="CA" groupby="gradelevel" output="table"]
Rent
[idx-listings linkid=”126920″ showlargerphotos=”true”]
Lease Search
Application to rent
Credit Check Payment
Rent
[idx-listings linkid=”126920″ showlargerphotos=”true”]
Lease Search
Application to rent
Credit Check Payment
Buyer Resources
In the market to buy a home? Thinking of selling? Ask yourself this: How’s the market in my neighborhood? We’ve all read the headlines, but what’s happening in my neighborhood right now? Ask yourself another question: What kind of home can you afford in the town you want to be in? What’s it like? How big is it? How old is it? How will you know a good deal when you find it? View a Sample Report These are the types of questions that our reports help you answer. Some people like to subscribe to just one report for their town to get a feel for the market as they’re starting their search. Others like to subscribe for weekly updates for the duration of their home search. Why wait to see if the deals pass you by? Of course the real data hounds simply subscribe for a year to get their market data every week, without fail. What can I learn from our reports? Each report includes an easy to read at-a-glance summary. At-a-glance market conditions Each week we take a snapshot of the market. Our Real-time Market Profile is the most up-to date market information available. The Profile shows…
The American Dream
Next Step > Your home is your castle and your comfort zone. It’s where you share smiles, tears, and the occasional holiday dinner. It’s where neighbors become friends and family becomes closer. Homes are where we make memories, share moments, and sometimes, burn popcorn. The American Dream Are You Ready to Buy? Credit Information Beginning Your Home Search The Transaction from Start to Finish Obtaining a Mortgage Loan Home Buying Checklist For the vast majority of us, owning a home is part of the American Dream. According to a study conducted by the NATIONAL ASSOCIATION OF REALTORS®, 87 percent of those polled cited owning a home as the number one criterion for defining “the good life.” Owners and renters alike considered homeownership desirable for the following reasons: the pride of ownership, their dislike of paying rent, and the ability to change features of their homes to match their individual tastes and needs. In addition, owning your own home provides a sense of security and well-being that’s hard to beat. Home is where we raise our families, have friends over for summer barbecues, paint the baby’s room pink or blue, and find refuge from the outside world. Owning a home offers…
5 Tips to Land Your Dream Home in 2013
Are You Ready To Buy?
< Back Next Step > The American Dream Are You Ready to Buy? Credit Information Beginning Your Home Search The Transaction from Start to Finish Obtaining a Mortgage Loan Home Buying Checklist As with any major purchase, it pays to be informed prior to making any decisions. As experienced buyers already know, buying a home is a complicated process, so it’s important to start at the beginning and thoroughly understand each step. Whether you’re buying your first home or your third, make sure you have the necessary financial resources and have explored all your options before you purchase a new home. If you’re a first-time buyer, you should weigh the pros and cons of homeownership versus renting. There are many advantages and disadvantages to consider. For example, renters have the freedom of mobility if they choose to move, but their monthly rent checks do not establish long-term equity or produce any other benefits. And while homeowners’ mortgage payments accumulate equity, these payments are generally higher than rent payments and come with the responsibility to manage the care and upkeep of the property. Both new and experienced buyers have their own sets of financial considerations when it comes to buying a…
Mortgage Calculator
What Should I Know Before Buying a Home?
Here are some tips that could save you a lot of time, money and trouble. Plan ahead. Establish good credit and save as much as you can for the down payment and closing costs, or to furnish your new home. Get pre-approved before you start looking. Not only do real estate agents prefer working with pre-qualified buyers; you’ll have more negotiating power and an edge over homebuyers who are not pre-approved. Set a budget and stick to it. We can help you determine a comfortable price range. Know what you really want in a home. How long will you live there? Is your family growing? What are the schools like? How long is your commute? Consider every angle before diving in. Make a reasonable offer. To determine a fair value on the home, ask your real estate agent for a comparative market analysis listing all the sales prices of other houses in the neighborhood. Choose your loan (and your lender) carefully. For some tips, see the question in this section about comparing loans. Consult with your lender before paying off debts. You may qualify even with your existing debt. Keep your day job. If there’s a career move in your…
Credit Information
< Back Next Step > The American Dream Are You Ready to Buy? Credit Information Beginning Your Home Search The Transaction from Start to Finish Obtaining a Mortgage Loan Home Buying Checklist Whichever scenario applies, the first step is the same: Obtain a copy of your credit report and review it for accuracy. Credit reports are maintained by three credit reporting agencies: Experian, TransUnion and Equifax. It’s a good idea to obtain your credit report from all three agencies, since each may contain different information and you don’t know which agency will be supplying your report to your lender. If there is incorrect or missing information that would improve your credit score, report it to the credit bureau. Under the Fair Credit Reporting Act, consumers have the right to review and contest information in their credit reports. Even if your credit report reads exactly like you expected and your credit is in fine shape, going into the mortgage application procedure with peace of mind is worth the extra work. What is credit? Credit is a record of a person’s debts and payment history. Credit bureaus compile individual reports of consumer debt through an array of sources, including credit card companies,…
The Transaction From Start to Finish
< Back Next Step > Now that you’ve found the perfect home, it’s time to get the deal rolling. You’ll need to sign a residential purchase agreement, make an offer, possibly put down a deposit, conduct inspections and close the sale. If this all sounds overwhelming to you, don’t worry; your REALTOR® will guide you through each step. Making An Offer/Residential Purchase Agreements and Buyer Representation Agreements If you’re ready to purchase the home, you must get all the details in writing. The offer begins with a written proposal spelling out your price and any stipulations regarding the purchase. If the seller has agreed to pay part of the closing costs, for example, that needs to be specified in the accepted offer. In addition, sometimes offers to purchase are contingent upon factors like the buyers’ ability to obtain financing or the sellers finding housing within a certain time frame. The residential purchase agreement contains the comprehensive terms of the deal, including sales price, deposit, closing date, disclosure requirements, inspections, and fees agreed upon by both parties. Other provisions also are included, such as the buyer’s final inspection and the method by which all real estate taxes and other bills will…
Home Buying Checklist
< Back Home Buying Checklist The road to homeownership can be exhilarating, but also complicated. For any successful real estate transaction to occur, several vital steps must be executed, which may include choosing a REALTOR® who can help guide you through the process, to contacting a reputable lender to establish your borrowing power, to selecting a home, then closing escrow and preparing for the move into your new home! Here’s a 10-step home buyer’s checklist to help you keep on track toward acquiring your new home: 1. Select a REALTOR®: Choose a REALTOR® to assist you through the complex process of looking for the right home, conducting neighborhood research, analyzing home prices, negotiating with sellers, and signing documents, among other things. 2. Get an Education: You may want to find out what first-time buyer incentive programs are available through your city and county municipalities. Often these include financial assistance for those who complete home-buying educational courses, deferred loans, and other forms of support. 3. Paint Your Financial Picture: You may want to obtain a copy of your credit report and credit score and attempt to resolve any errors or other credit issues that might impact your ability to obtain the best loan and…
Beginning Your Home Search
< Back Next Step > The American Dream Are You Ready to Buy? Credit Information Beginning Your Home Search The Transaction from Start to Finish Obtaining a Mortgage Loan Home Buying Checklist Once you’ve determined that you’re ready to buy, it’s time to begin thinking about where you want to look. You’ll find there are many questions you must answer about the type of house you want to purchase. For example, are you interested in an older home or a new one? How big of a home do you need? Would you like to move closer to certain major roads or freeways? Your REALTOR® can answer many questions about the homes and communities you’re considering, and in the meantime, there are myriad resources available for you to begin your research. Location Is Everything Do you want to live in a particular city or neighborhood? If you’re a parent, you’re probably considering school districts and other child-friendly options like the proximity to parks. If you’re relocating to an unfamiliar area, you can contact the city or county government for information about the community. It’s a good idea to investigate crime statistics per neighborhood when you’re narrowing down the areas of your home…
Home Valuation
To receive a free market analysis estimating your home’s value, just fill in the form below. We will analyze the data you provide and get back to you with comparable sale information for your neighborhood and a range of approximate values for your home. If you need a more precise valuation estimate, we will arrange to tour the property with you. All information you provide will be kept strictly confidential. Address City Property Type Single Family Condominium Multi-Unit Residential Lots/Land Commercial Condition of Property Excellent Good Fair Needs Work Poor Bedrooms 0 1 2 3 4 5+ Bathrooms 0 1 2 3 4+ Additional Rooms/Features Approx. Square Footage Approx. Age of Kitchen Approx. Age of Baths Name Email Address Phone Number Comments
Obtaining a Mortgage Loan
< Back Next Step > Qualifying for a mortgage loan in today’s market may be tougher than it was just last year. Lenders have tightened underwriting requirements for the loan approval process and, in many instances, eliminated “stated income” and “no down payment” loans. Many borrowers took advantage of these so-called “subprime” loans over the last few years, but today they are among those reported to be having trouble making their monthly mortgage payments. Here’s what you need to know about obtaining a mortgage in today’s market: Understand Interest Rates Fortunately, interest rates are at their lowest levels in many years, hovering around 5 percent for a traditional 30-year, fixed rate mortgage; and about 4 percent for a one-year adjustable rate mortgage, or ARM. To put the numbers into perspective, interest rates climbed as high as 9 percent during the last housing slow-down in the 1990s, and hit 12 percent in the 1980s. [closingcosts] Understand Points Points are a form of pre-paid interest that you may be required to pay your lender upon the closing of your loan transaction, above your other fees and interest. There are either origination points, which cover your lender’s fees, or discount points, known as “buyback”…
Buyer Resources
In the market to buy a home? Thinking of selling? Ask yourself this: How’s the market in my neighborhood? We’ve all read the headlines, but what’s happening in my neighborhood right now? Ask yourself another question: What kind of home can you afford in the town you want to be in? What’s it like? How big is it? How old is it? How will you know a good deal when you find it? View a Sample Report These are the types of questions that our reports help you answer. Some people like to subscribe to just one report for their town to get a feel for the market as they’re starting their search. Others like to subscribe for weekly updates for the duration of their home search. Why wait to see if the deals pass you by? Of course the real data hounds simply subscribe for a year to get their market data every week, without fail. What can I learn from our reports? Each report includes an easy to read at-a-glance summary. At-a-glance market conditions Each week we take a snapshot of the market. Our Real-time Market Profile is the most up-to date market information available. The Profile shows…
The American Dream
Next Step > Your home is your castle and your comfort zone. It’s where you share smiles, tears, and the occasional holiday dinner. It’s where neighbors become friends and family becomes closer. Homes are where we make memories, share moments, and sometimes, burn popcorn. The American Dream Are You Ready to Buy? Credit Information Beginning Your Home Search The Transaction from Start to Finish Obtaining a Mortgage Loan Home Buying Checklist For the vast majority of us, owning a home is part of the American Dream. According to a study conducted by the NATIONAL ASSOCIATION OF REALTORS®, 87 percent of those polled cited owning a home as the number one criterion for defining “the good life.” Owners and renters alike considered homeownership desirable for the following reasons: the pride of ownership, their dislike of paying rent, and the ability to change features of their homes to match their individual tastes and needs. In addition, owning your own home provides a sense of security and well-being that’s hard to beat. Home is where we raise our families, have friends over for summer barbecues, paint the baby’s room pink or blue, and find refuge from the outside world. Owning a home offers…
5 Tips to Land Your Dream Home in 2013
Are You Ready To Buy?
< Back Next Step > The American Dream Are You Ready to Buy? Credit Information Beginning Your Home Search The Transaction from Start to Finish Obtaining a Mortgage Loan Home Buying Checklist As with any major purchase, it pays to be informed prior to making any decisions. As experienced buyers already know, buying a home is a complicated process, so it’s important to start at the beginning and thoroughly understand each step. Whether you’re buying your first home or your third, make sure you have the necessary financial resources and have explored all your options before you purchase a new home. If you’re a first-time buyer, you should weigh the pros and cons of homeownership versus renting. There are many advantages and disadvantages to consider. For example, renters have the freedom of mobility if they choose to move, but their monthly rent checks do not establish long-term equity or produce any other benefits. And while homeowners’ mortgage payments accumulate equity, these payments are generally higher than rent payments and come with the responsibility to manage the care and upkeep of the property. Both new and experienced buyers have their own sets of financial considerations when it comes to buying a…
Mortgage Calculator
What Should I Know Before Buying a Home?
Here are some tips that could save you a lot of time, money and trouble. Plan ahead. Establish good credit and save as much as you can for the down payment and closing costs, or to furnish your new home. Get pre-approved before you start looking. Not only do real estate agents prefer working with pre-qualified buyers; you’ll have more negotiating power and an edge over homebuyers who are not pre-approved. Set a budget and stick to it. We can help you determine a comfortable price range. Know what you really want in a home. How long will you live there? Is your family growing? What are the schools like? How long is your commute? Consider every angle before diving in. Make a reasonable offer. To determine a fair value on the home, ask your real estate agent for a comparative market analysis listing all the sales prices of other houses in the neighborhood. Choose your loan (and your lender) carefully. For some tips, see the question in this section about comparing loans. Consult with your lender before paying off debts. You may qualify even with your existing debt. Keep your day job. If there’s a career move in your…
Credit Information
< Back Next Step > The American Dream Are You Ready to Buy? Credit Information Beginning Your Home Search The Transaction from Start to Finish Obtaining a Mortgage Loan Home Buying Checklist Whichever scenario applies, the first step is the same: Obtain a copy of your credit report and review it for accuracy. Credit reports are maintained by three credit reporting agencies: Experian, TransUnion and Equifax. It’s a good idea to obtain your credit report from all three agencies, since each may contain different information and you don’t know which agency will be supplying your report to your lender. If there is incorrect or missing information that would improve your credit score, report it to the credit bureau. Under the Fair Credit Reporting Act, consumers have the right to review and contest information in their credit reports. Even if your credit report reads exactly like you expected and your credit is in fine shape, going into the mortgage application procedure with peace of mind is worth the extra work. What is credit? Credit is a record of a person’s debts and payment history. Credit bureaus compile individual reports of consumer debt through an array of sources, including credit card companies,…
The Transaction From Start to Finish
< Back Next Step > Now that you’ve found the perfect home, it’s time to get the deal rolling. You’ll need to sign a residential purchase agreement, make an offer, possibly put down a deposit, conduct inspections and close the sale. If this all sounds overwhelming to you, don’t worry; your REALTOR® will guide you through each step. Making An Offer/Residential Purchase Agreements and Buyer Representation Agreements If you’re ready to purchase the home, you must get all the details in writing. The offer begins with a written proposal spelling out your price and any stipulations regarding the purchase. If the seller has agreed to pay part of the closing costs, for example, that needs to be specified in the accepted offer. In addition, sometimes offers to purchase are contingent upon factors like the buyers’ ability to obtain financing or the sellers finding housing within a certain time frame. The residential purchase agreement contains the comprehensive terms of the deal, including sales price, deposit, closing date, disclosure requirements, inspections, and fees agreed upon by both parties. Other provisions also are included, such as the buyer’s final inspection and the method by which all real estate taxes and other bills will…
Home Buying Checklist
< Back Home Buying Checklist The road to homeownership can be exhilarating, but also complicated. For any successful real estate transaction to occur, several vital steps must be executed, which may include choosing a REALTOR® who can help guide you through the process, to contacting a reputable lender to establish your borrowing power, to selecting a home, then closing escrow and preparing for the move into your new home! Here’s a 10-step home buyer’s checklist to help you keep on track toward acquiring your new home: 1. Select a REALTOR®: Choose a REALTOR® to assist you through the complex process of looking for the right home, conducting neighborhood research, analyzing home prices, negotiating with sellers, and signing documents, among other things. 2. Get an Education: You may want to find out what first-time buyer incentive programs are available through your city and county municipalities. Often these include financial assistance for those who complete home-buying educational courses, deferred loans, and other forms of support. 3. Paint Your Financial Picture: You may want to obtain a copy of your credit report and credit score and attempt to resolve any errors or other credit issues that might impact your ability to obtain the best loan and…
Beginning Your Home Search
< Back Next Step > The American Dream Are You Ready to Buy? Credit Information Beginning Your Home Search The Transaction from Start to Finish Obtaining a Mortgage Loan Home Buying Checklist Once you’ve determined that you’re ready to buy, it’s time to begin thinking about where you want to look. You’ll find there are many questions you must answer about the type of house you want to purchase. For example, are you interested in an older home or a new one? How big of a home do you need? Would you like to move closer to certain major roads or freeways? Your REALTOR® can answer many questions about the homes and communities you’re considering, and in the meantime, there are myriad resources available for you to begin your research. Location Is Everything Do you want to live in a particular city or neighborhood? If you’re a parent, you’re probably considering school districts and other child-friendly options like the proximity to parks. If you’re relocating to an unfamiliar area, you can contact the city or county government for information about the community. It’s a good idea to investigate crime statistics per neighborhood when you’re narrowing down the areas of your home…
Home Valuation
To receive a free market analysis estimating your home’s value, just fill in the form below. We will analyze the data you provide and get back to you with comparable sale information for your neighborhood and a range of approximate values for your home. If you need a more precise valuation estimate, we will arrange to tour the property with you. All information you provide will be kept strictly confidential. Address City Property Type Single Family Condominium Multi-Unit Residential Lots/Land Commercial Condition of Property Excellent Good Fair Needs Work Poor Bedrooms 0 1 2 3 4 5+ Bathrooms 0 1 2 3 4+ Additional Rooms/Features Approx. Square Footage Approx. Age of Kitchen Approx. Age of Baths Name Email Address Phone Number Comments
Obtaining a Mortgage Loan
< Back Next Step > Qualifying for a mortgage loan in today’s market may be tougher than it was just last year. Lenders have tightened underwriting requirements for the loan approval process and, in many instances, eliminated “stated income” and “no down payment” loans. Many borrowers took advantage of these so-called “subprime” loans over the last few years, but today they are among those reported to be having trouble making their monthly mortgage payments. Here’s what you need to know about obtaining a mortgage in today’s market: Understand Interest Rates Fortunately, interest rates are at their lowest levels in many years, hovering around 5 percent for a traditional 30-year, fixed rate mortgage; and about 4 percent for a one-year adjustable rate mortgage, or ARM. To put the numbers into perspective, interest rates climbed as high as 9 percent during the last housing slow-down in the 1990s, and hit 12 percent in the 1980s. [closingcosts] Understand Points Points are a form of pre-paid interest that you may be required to pay your lender upon the closing of your loan transaction, above your other fees and interest. There are either origination points, which cover your lender’s fees, or discount points, known as “buyback”…
Bankowned
Venice Bank owned
Malibu
[idx-listings linkid=”122206″ count=”50″ showlargerphotos=”true”]
Marina Del Rey Bankowned
Playa Vista Bankowned
Pacific Palisades
[idx-listings linkid=”122203″ count=”50″ showlargerphotos=”true”]
Playa Del Rey Bankowned
Santa Monica
[idx-listings linkid=”122204″ count=”50″ showlargerphotos=”true”]
Bankowned
Venice Bank owned
Malibu
[idx-listings linkid=”122206″ count=”50″ showlargerphotos=”true”]
Marina Del Rey Bankowned
Playa Vista Bankowned
Pacific Palisades
[idx-listings linkid=”122203″ count=”50″ showlargerphotos=”true”]
Playa Del Rey Bankowned
Santa Monica
[idx-listings linkid=”122204″ count=”50″ showlargerphotos=”true”]
Register
Register
Leave a Reply
Cancel reply
You must be
logged in
to post a comment.
×
Login
Username or Email Address
*
Password
*
Forgot Password
Reset Password
Username or Email
*
Login Here
Menu Title
Home
▼
FAQ’s
About Us
Must Read Articles
Contact Us
Search
Buy
Sell
Rent
Neighborhoods
