Looking for Historic Pocket Listings in Los Angeles #historic #lofts
Looking for any “For Sale” pocket listings in the Historic Core/Old Bank District i.e. The Higgins, The Douglas, Pan-American, Eldorado, The Rowan under $625k. Client pre-approved and ready to go. As you all know there is quite an inventory issue here, please let me know if you have something in your “pocket”! We can move quickly! Thanks!!
The L.A. Loft Blog received the above email recently. If you know of any properties like this around DTLA, call Corey (213) 880-9910. Those who are also on the lookout for historic pocket listings, off-market or unlisted lofts, as well as Mills Act historic lofts for sale can get also make a request to receive these rare unlisted homes. Fill out the online form:
SOLD HOMES – Knowing The Real Price of Properties #sold #dtla
One of the most common mistakes that consumers make in real estate and other resale transactions is paying too much attention to asking prices and not enough attention to recently sold comparable prices (comps). The listed price for real estate can be all over the place: too high, too low or just right. The only way to know for sure is by taking a look at listings of similar properties nearby that that recently sold and closed escrow. It’s helpful to know what sellers are asking for, but by knowing what buyers really paid of their hard-earned money, we can determine what a comparable property is really worth today, and how much we will really need to fork over of our precious funds. | RECENTLY SOLD
For new build homes, the comps are often not quite as accurate because new homes are generally more expensive than the average surrounding home. The new home is nice, beautiful and new, does not usually need much maintenance for years, and generally comes with a one year warranty. When River House recently sold out, some buyers paid the asking price (usually a mistake), while others offered a bit less and saved thousands of dollars. For example, a River House 2 bedroom 2 bathroom unit sold last week for about asking price but the buyer was able to negotiate more than $10,000 of flooring and other incentives.
Get a free list of recently sold Downtown Los Angeles Area homes. Fill out the online form: