Los Angeles Metropolis Condo Prices – Special Preview of the Preliminary Price List

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

button        button (1)        

SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $10,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

RealtySource Inc presents
New Los Angeles Metropolis Condominium Prices
Special Preview of the Preliminary Price List

The actual price list has not yet been printed for the new super luxury Downtown highrise condos now under construction, but the L.A. Loft Blog has a special preview of the preliminary prices not yet released to the public. Monthly HOA dues are expected to be around 90 cents per sq ft. These prices are not official prices, and they are subject to change.  The smallest 526 sq ft studio is around $511,000, while the largest 1,720 sq ft 2-bedroom is about $1,576,000.  These are selling out now.  Get on the new condos interest list at https://laloft.wufoo.com/forms/metropolis-los-angeles-new-condos-interest-list/ Below are the preliminary prices:

metropolis-price-preliminary

If the economy continues to improve, the prices are likely to go up.  Savvy buyers and investors will take advantage of the risk-free early incentives to try to lock in an expected profit with the opportunity to cancel and get a full refund if desired. This strategy is usually in the buyer’s favor as the buyer may gain significant equity before actually committing to buying the property.

The developer recently began accepting deposits, and was offering $10,000 off the list price for the refundable early deposits with no obligation to buy during the construction process.  That has apparently changed.  A broker certificate for $2,000 off buyer closing costs is available from RealtySource Inc for qualified VIP buyers.

Find out more by requesting more information. Fill out the online form:

___________________________________________________

Home Seller Alert!!
What Will Your Home Sell For? Free Quick Over the Net Home Evaluation www.LAcondoEval.com
___________________________________________________

White-Square-380x422

Copyright © 2014 This free information provided courtesy Corey Chambers, Realtor, RealtySource Inc 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.  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.

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

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

button        button (1)        

SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $10,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

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.

chart-sales-luxury-loft-dtla-2014

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