Net Sheet for Sellers – How Much Money Will You Receive After Your Home Sale

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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Net Sheet for Sellers
How Much Money Will You Receive After Your Home Sale?

How much will your home sale check be?

How big will your check be for your home sale?

Here is a quick free online tool for helping sellers understand the approximate costs of selling a home.  Fill out my online form.

DOWNTOWN LOFT & CONDO:  FOR SALE  |  RENTALS    |  SUBSCRIBE   |  VIDEO
Your Loft Sold GUARANTEED or I’ll Buy It*
Corey Chambers, REALTOR®
(213) 478-0499
corey@laloft.org
http://www.LAloftBlog.com
L.A. Loft Blog, 816 S Broadway, Los Angeles, CA 90014
*Guaranteed home sale by end of listing term at price agreeable to seller – details at LoftSoldForSure.com. The #1 Downtown buyer’s agent with 19 successful buyer transactions closed in 2013, Corey Chambers is a Realtor®, and member of the Top 6 award-winning, 5-Star Yelp rated team.  J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms.  DRE#01889449
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Luxury Loft Boom – Hot Market for Downtown Luxury Lofts in Los Angeles

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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Luxury Loft Boom
Hot Market for Downtown Luxury Lofts in Los Angeles

50 Downtown luxury lofts above the $775,000 mark sold in the 2nd half of 2014.  Get the FREE Luxury Recent Sales Report, plus a certificate for $2,000 off closing costs.

SkyLoft1207.com

Sky Loft 1207 luxury condo got 5 offers even though it could not be shown most of the time due to an uncooperative tenant.

While hot markets are seller’s markets, with buyers racing and scrambling to make the deal, licensees representing sellers, and sellers themselves have plenty of reason to sweat as well. Fielding multiple offers, evaluating offers for their merit and ability to close, and overcoming appraisal hurdles are just a few of the challenges of representing sellers in a hot market.

metropolis-phase-2-francisco-ce

Metropolis Super Luxury Tower Condos Under Construction

In a hot market, sellers may receive multiple offers, even within the first few hours or days of having their home on the market. In evaluating offers, the following factors should be considered:

  • Net sales price (sales price minus any closing costs, including commissions and credits)
  • Buyer’s financing (amount of down payment, type of financing (conventional, FHA, VA)
  • Contingencies (home inspection, appraisal, financing, HOA review, sale of home)
  • Earnest money deposit and type (e.g., promissory note vs. check)
  • Will the property appraise for the agreed-upon sales price?

Looking at these factors individually and as a whole will help sellers identify the best offers.  Get the Top 50 Luxury Loft List – FREE Luxury Recent Sales Report, along with a certificate for $3,000 off closing costs.  Fill out my online form.

DOWNTOWN LOFT & CONDO:  FOR SALE  |  RENTALS    |  SUBSCRIBE   |  VIDEO
Your Loft Sold GUARANTEED or I’ll Buy It*
Corey Chambers, REALTOR®
(213) 478-0499
corey@laloft.org
http://www.LAloftBlog.com
L.A. Loft Blog, 816 S Broadway, Los Angeles, CA 90014
*Guaranteed home sale by end of listing term at price agreeable to seller – details at LoftSoldForSure.com. The #1 Downtown buyer’s agent with 19 successful buyer transactions closed in 2013, Corey Chambers is a Realtor®, and member of the Top 6 award-winning, 5-Star Yelp rated team.  J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms.  DRE#01889449
Posted in Buy Loft, Condominiums Downtown Los Angeles, Home value, LA Loft Condos, Lofts Downtown Los Angeles, Lofts For Sale, Los Angeles Real Estate, Real Estate Investment, Real Estate News | Tagged , , , | Leave a comment

매물 다운타운 로프트 콘도 -베스트 상품 에 다른 구매자 를 이길 – 로스 앤젤레스 부동산 정보

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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매물 다운타운 로프트 콘도 -베스트 상품 에 다른 구매자 를 이길

로스 앤젤레스 부동산 정보

다운 타운 로스 앤젤레스 거주 용 로프트

다운 타운 로스 앤젤레스 거주 용 로프트

로스 앤젤레스 지역에 대한 부동산 정보를 탐험하기 위해이 사이트를 찾아 주시기 바랍니다. 우리의 종합 부동산 웹 사이트는 로스 앤젤레스에서 판매하는 최신 등록 정보에 직접 액세스를 제공하며, 일반적으로 부동산 문제 등을 묻는 커뮤니티 정보, 소비자 링크, 학교 정보, 무료 보고서, 답변을 제공합니다.이 로스 앤젤레스에 대한 원 스톱 상점입니다 부동산 정보.
당신이 처음으로 구매자 또는 경험있는 투자자이든, 당신은 정보를 부동산 의사 결정에 관련된 유용한 제안을 협상, 금융, 모기지 요금, 이동, “오른쪽”속성을 선택하는 방법에 대한 정보.
모두 당신이 필요로하는 부동산의 경우, 전화 주시기 바랍니다.

유리 헉슬리 (310) 869-2655

저작권 © 2014 호의 코리 챔버 , 부동산 , 켈러 윌리엄스 부동산 제공 이 무료 정보 , BRE 번호 01889449 는 우리는 반드시 주택 소유자 협회 , 판매자 또는 개발자 와 연관 되지 않습니다. 더 자세한 정보는 다음 연락처로 문의 ( 213 ) 478-0499 또는 방문 DowntownLosAngelesLoft.org 캘리포니아에서 라이센스 . 제공되는 모든 정보는 신빙성있는 것으로 간주 되나 보장되지 않으므로 개별적으로 확인해야합니다. 이전에 판매 또는 임대 에 따라 등록 . 구매자 또는 판매자가 이미 다른 브로커 와 계약을 체결 하는 경우 이 권유 하지 않습니다.

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Metropolis Now Accepting Deposits – Reserve Your Luxury Condo, Gain Without Risk

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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Metropolis Los Angeles Now Accepting Deposits
Reserve Your Luxury Condo, Gain Without Risk

Get a certificate for $2,000 off closing costs or $10,000 off purchase price by placing a deposit early.* Fill out the online form.

Nearly 30 years in the making, the super luxury Metropolis condos will rival the Ritz Carlton Residences, but with lower HOA dues and without the interference of the hotel.  Most Downtown residences prefer to park their own cars, prefer to gain access to hotel amenities at their leisure, and do not want hotel guests to gain access to the condominium amenities.  Metropolis brings it.

Atop several floors of parking, and towering high above other residential properties, Metropolis offers a supreme view. From the comfort of your home, from any angle, in any room, take in the most expansive and breathtaking views of the Downtown skyline and beyond.

A GATEWAY TO DOWNTOWN

The new “Gateway” to downtown L.A., Metropolis is strategically located between three of Los Angeles’ key neighborhoods. The 6.33-acre urban community sits at Francisco Street between 8th and 9th Streets, with ample parking and easy access to the city’s major highways and public transportation.

As the junction between the business and entertainment districts, several local developers have drafted a tentative plan to straighten and re-arrange the streets to make a more walkable corridor.

ALL THE ELEMENTS OF A LIFE WELL-LIVED

In the stunning vertical community of Metropolis, daily desires and necessities are both easily met by the diverse selection of options for work, play and life all located mere moments away. From green spaces and cafes to a carefully curated collection of retail and fine dining, Metropolis brings together all the elements of a life well-lived in one dynamic city block.

The most luxurious new address in Downtown has already received dozens of reservations.

To order a brochure, request an early viewing of the new condos, or get Metropolis new listings in your email.  Fill out the online form:

Copyright © 2014 This free information provided courtesy Corey Chambers, Realtor, Keller Williams Realty, BRE#01889449 *We are not associated with the home owner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LosAngelesMetropolis.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker. Subject to terms and conditions set by the seller and developer of Metropolis Los Angeles and Greenland USA. Not affiliated with the developer or seller. Certificate for savings of $10,000 off asking price or $2,000 off closing costs is offered to Corey Chambers VIP buyer program members only. VIP buyer program costs nothing to the buyer, and there is no obligation to buy.

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The Elysian Penthouses For Lease New Converted Loft Apartments Downtown Los Angeles

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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The Elysian Penthouses For Lease
New Converted Loft Apartments Downtown Los Angeles
1115 Sunset Blvd, Los Angeles, CA 90012

An architectural gem is reborn! Originally built in 1961 as the Metropolitan Water District office complex, the Elysian was designed as the futuristic vision of mid-century modernist Williams Perrier, the designer of the iconic LAX Theme Building.  Today, the Elysian is now a brand new modern loft apartment conversion with high ceilings, open floorplans and floor-to-ceiling windows with views of Downtown.

LUXURY PENTHOUSE SUITES

The thirteen double-height penthouse units are the most dramatic new living spaces in Downtown.  All of the units have twenty-foot walls of glass that reveal striking views of the entire metropolitan area.  Each unit has a large balcony on the ground floor and an expansive outdoor patio on the second floor.

elysian-ph-03THE ELYSIAN OFFERS

  • 24/7 Fitness Center
  • Outdoor Deck
  • Cabanas
  • Outdoor BBQ
  • Yoga Deck
  • Fire Pit
  • Free Wi-Fi Common Areas
  • Large lobby

Multi-purpose, pet friendly and smoke free, the artfully landscaped outdoor common area is visually stunning and user friendly.

2014-11-18 11.38.12The large exterior deck has been thoughtfully designed to take full advantage of the warm Los Angeles weather. You can relax in the cabanas, enjoy the stars in the sky by the fire pit or start the day with a good stretch using the yoga deck. A large outdoor kitchen offers residents the option of al fresco cooking. And full Wi-Fi connectivity provides residents the opportunity to meet friends or schedule business meeting while luxuriating in the outdoor oasis conceived by Ilan Dei Designs.

The residential fitness center on the second floor is equipped with all of the best cardio and strength training equipment. With access limited to tenants and their guests, you’ll spend more time training instead planning to go to the gym.

You enjoy the convenience of ample on-site parking, both under the building and in a landscaped outdoor lot. An array of 20 Electric Vehicle charging stations is conveniently installed.

Studio Hus has designed the dramatic, asymmetric entry lobby for the signature property. The Elysian is a triumph of both design and technology.

Schedule a showing. Fill out the online form.

THE METROPOLITAN WATER DISTRICT
THE CONCEPTION: 1961-1993

Originally conceived as the headquarters of the Metropolitan Water District, The Elysian was designed by internationally acclaimed architect William Pereira, whose other noteworthy projects include the TransAmerica Building in San Francisco, the County Museum of Art and CBS Studio Center in Los Angeles, and the Library at the University of California in San Diego. One of only three architects to be featured on the cover of Time Magazine (along with Frank Lloyd Wright and I.M. Pei), Pereira is internationally acknowledged as a pioneer of Mid-century Modernism.

The MWD complex was originally designed by Pereira in 1961. The low rise component was completed in 1963 and the eight story tower that has now been transformed into 96 remarkable residential units, was erected in 1973. Perched on a hill overlooking Sunset Blvd, the iconic tower is strategically located between Chinatown and Echo Park with easy access to both the 101 and 110 Freeways.

THE ELYSIAN
THE REBIRTH: 2014

elysian-apartmentsThe Elysian is an aesthetic marvel. Set amidst a neighborhood of low-rise buildings, The Elysian affords its residents breathtaking views in all directions. The original building design is characterized by clean lines and wrap around balconies. The four distinctive pillars on the west and east elevation of the building are characteristic of Pereira’s best work. The twelve foot floor height is in perfect proportion to the overall massing of the structure. The near-seamless glass floor-to-ceiling class façade provides natural light deep into the floor plate.

Beyond powerful aesthetics, The Elysian is also a masterpiece of engineering. The MWD headquarters were designated an ’’essential building’’ under City Planning guidelines. The steel and concrete design was engineered to exceed even the most stringent requirements of the City Building Code.

The MWD moved to new headquarters in 1993 and the tower stood vacant for nearly twenty years until it was purchased by Linear City Development in 2011. Having successfully transformed such award-winning projects as The Toy Factory and Biscuit Company Lofts, Linear City brought both financial strength and real-world experience to the challenge of repurposing Pereira’s landmark building.

David Lawrence Gray was hired as the project architect. MWD General Counsel, John Clairday, was able to provide the design team with the original plans and construction details. The Linear City team took great pains to maintain the architectural characteristics of Pereira’s masterful design while seamlessly integrating the modern and sustainable systems that are expected in today’s most sophisticated buildings.

The Elysian is a remarkable achievement. Linear City is proud to have engineered the rebirth of one of the most significant mid-century buildings in Southern California, an iconic structure that will quickly become home to a diverse and sophisticated community of very fortunate residents.

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SL70 – New Condominium Townhomes in Silver Lake – New Development Floor Plans and Prices

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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SL70 – New Condominium Townomes in Silver Lake
New Development Property Details, Floor Plans and Prices

Get a Certificate for $2,000 Off Closing Costs*
Fill out the online form.

SL70-ExteriorThink eclectic, electric and exciting. This is SL70, a new townhouse community in Silver Lake that’s separated from the crowd yet a crowd all its own. In the thick of a life that’s passionate, authentic and free of convention, SL70 sounds the anthem to forge your own course. And it’s these 70 town homes that lead the movement. It’s a home that lives by its own means and dies to be heard. Be first—don’t follow—at SL70. New townhomes starting at $599,000!

For more information, contact Corey Chambers at sl70@laloft.org or 323.352.3838

2014-11-23 12.47.22New construction in one of the hippest neighborhoods in L.A., SL70 offers indoor living space from Sq. Ft. 1,307
Outdoor Living Space Sq. Ft. 143
Combined Living Space Sq. Ft. 1,450
2 Bedrooms / 2.5 Baths
2-Car Garage
Second Floor Terrace / Third Floor Terrace

2014-11-23 12.41.49Premium kitchen appliances:
Bertazzoni™ stainless steel 30” gas slide-in range
Broan® stainless steel 30” range hood
Bosch® built-in microwave
Bosch® deluxe dishwasher with bar handle
Contemporary European cabinetry with brushed nickel pulls
Quartz countertops with 6” backsplash
Recessed lighting at select locations
Deep stainless steel sink with chrome designer faucet
IMPRESSIVE INTERIORS

2014-11-23 12.42.09Flooring:
Hardwood: kitchen, dining and first-floor foyer and powder bath
Carpet: bedrooms, living room, hall, closets and stairs
Tile: master and secondary bathrooms
Stylish white rocker switches
Contemporary European cabinetry with brushed nickel pulls
Contemporary staircases with horizontal painted posts and newel
High-profile 5-1/2″ baseboards
Contemporary flush interior doors
Contemporary recessed can lighting in select locations
Main living floor with 10′ ceilings and oversized windows
LUXURIOUS MASTER SUITE

sunset-junction-ladyContemporary European cabinetry with brushed nickel pulls
9” x 12” ceramic tile shower surrounds in choice of two colors
Beautiful matte cultured marble countertops, 4” backsplash
Distinctive integral rectangular sink with faucet
INCOMPARABLE BATHROOMS

Residents of the neighborhood embrace the Silver Lake hipster label, especially because they feel that there’s so much more.  It’s all about the diversity, innovative people and rich community atmosphere. And the food? Nothing is quite better than the local Italian Aroma restaurant. Not to mention favorite drinks such as Maker’s Mark on the rocks. When locals are not busy hanging out with Mo or tasting local eats, they are taking part in mindful meditation training and practice as the founder of Mind is a Verb.

Request a brochure, early viewing, get SL70 condominiums new listings in your email and request a certificate for $2,000 off closing costs. Fill out the online form:

DOWNTOWN LOFT & CONDO:  FOR SALE  |  RENTALS    |  SUBSCRIBE   |  VIDEO
Your Loft Sold GUARANTEED or I’ll Buy It*
Corey Chambers, REALTOR®
(213) 478-0499
corey@laloft.org
http://www.LAloftBlog.com
L.A. Loft Blog, 816 S Broadway, Los Angeles, CA 90014
*Guaranteed home sale by end of listing term at price agreeable to seller – details at LoftSoldForSure.com. The #1 Downtown buyer’s agent with 19 successful buyer transactions closed in 2013, Corey Chambers is a Realtor®, and member of the Top 6 award-winning, 5-Star Yelp rated team.  J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms.  DRE#01889449

*Subject to terms and conditions set by the seller and developer. Keller Williams is not affiliated with the developer or seller. Certificate for savings of $2,000 off closing costs is offered to Corey Chambers VIP buyer program members only.  VIP buyer program costs nothing to the buyer, and there is no obligation to buy.

Copyright © 2014 This free information provided courtesy Corey Chambers, Realtor, Keller Williams Realty, BRE#01889449 We are not associated with the home owner’s association, seller or developer. For more information, contact (213) 880-9910 or visit SL70.info  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.
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Downtown Loft and Condo Short Sales – Distress Sales Below Market

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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Downtown Loft and Condo Short Sales
Distress Sales Below Market

While short sales are currently few and far between in Downtown, they still pop up once in a while when a homeowner has a financial problem on a home that was overpriced when previously purchased.

A short sale can happen any time that a seller needs to sell a home for less than what the seller owes on the property. The lenders must sign off on the sale, which can delay or prevent a successful transaction.

Short sales are not short.  They typically take twice as long as the average sale, or longer.  A few years ago, it was not uncommon for a short sales to take more than 6 months to close.

HOME BUYERS:  Get Downtown Short Sales, Foreclosures and Distressed Lofts in your email as soon as they come onto the market or earlier. Fill out my online form.

HOME SELLERS: Before deciding to do a short sale, consider the following:

  • What is it about your current financial situation that has you considering selling short?
  • Do you know the ramifications of a short sale on your credit report?
  • Do you understand that there is a possibility that the short sale will not relieve your debt obligations?
  • Have you met with a housing counselor, a financial advisor, or an attorney?
  • Have you considered alternatives to a short sale?

Short sales are not for everyone.

Not everyone will qualify for a short sale.  To qualify for a short sale, the following are some of the requirements:

  1. The home must have decreased in market value.
  2. The loan is in default, or will be soon.
  3. The seller must be able to demonstrate a bona fide hardship, such as one of the following:
  • Unemployment
  • Reduced income
  • Business failure
  • Damage to the property
  • Death of a spouse or a wage earner
  • Severe illness/medical emergency
  • Large tax bill
  • Divorce/separation
  • Relocation
  • Military service
  • Mortgage payment adjustment to an unaffordable amount
  • Large debt, no assets, bankruptcy
  • Incarceration

4. The seller has no assets.

Short sellers should then contact a short sale specialist Realtor(R), who may ask some the

Tips and Rules for Short Sales:

  • An O&E (preliminary title report) should be obtained early in the short sale process to determine ownership and encumbrances.
  • In a short sale, the seller must accept and the lender must approve the offer.
  • With a short sale, the listing agent will prepare the CMA with the lender in mind.
  • Try to secure your seller’s cooperation in the short sale process early on.
  • Short sale packets should be thorough and in the form the lender wants.
  • The seller’s hardship letter should concisely demonstrate the seller’s financial plight, and how the seller came to be in the current situation.
  • Short sales must be at arm’s length; there can be no undisclosed relationships between any parties to the transaction.
  • When dealing with the lender’s short sale lender it is important to be polite, professional and prompt.
  • After approval is met on a short sale, the parties should do their utmost to meet all terms, including the closing date; failure to do so could cause the lender to retract its approval.
  • Lenders will frequently start foreclosure proceedings even while the short sale request is being evaluated.
  • Even when the lender approves the short sale, it doesn’t mean the seller won’t have to make up the deficiency in the debt repaid.
  • When a lender forgives a short sale seller’s debt, the lender will file a 1099-C, which is a Cancellation of Debt. This could mean the debt will become taxable; sellers should be advised to check with their accountant.
  • There are two main categories of short sales: approved, and third party required, each with different timelines.
  • When evaluating an offer on a short sale, the lender will look most strongly at the buyer’s ability to close.
  • Two types of mortgage fraud are property fraud and fraud for profit.
  • Flopping is a means of artificially lowering the perceived value of a property to purchase it and make a quick profit; it is a form of mortgage fraud.
  • Any transactional funds should appear on the HUD-1; if they do not, it could be mortgage fraud.

Sellers: The first step is to get a free online home evaluation. Fill out my online form.

Copyright © 2014 This free information provided courtesy Corey Chambers, Realtor, Keller Williams Realty, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 478-0499 or visit DowntownLosAngelesLoft.org Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.
Posted in Buy Loft, Distressed Lofts, Home value, Lofts Downtown Los Angeles, Lofts For Sale, Sell Loft | Tagged | Leave a comment