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

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

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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.

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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.

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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

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

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

Metropolis Los Angeles Now Selling Out
Get a $3,000 Broker Incentive Certificate Toward Your Luxury Condo, and Watch It Grow

Get a broker certificate for $3,000 off closing costs by placing a deposit early.* Fill out the online form.

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Get on the new condos interest list at https://laloft.wufoo.com/forms/metropolis-los-angeles-new-condos-interest-list/

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.

Get on the new condos interest list at https://laloft.wufoo.com/forms/metropolis-los-angeles-new-condos-interest-list/

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 COMPONENTS OF A LIFE LIVED TO THE FULLEST

In the awe-inspiring tower residential complex of Metropolis, every day wants and needs are catered to by the wide variety of choices for productivity, fun and living, all just a short walk away. From ecologically sound places and restaurants to a special selection of stores and fine dining, Metropolis assembles together all the elements of a life of superb abundances in one full city block.

The most chic and well-appointed new residences in Downtown has already received dozens of reservations.

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. Subject to terms and conditions set by the seller and developer. Not affiliated with the developer or seller. Certificate for $3,000 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.