Downtown Los Angeles Lofts and Condos – Best Deal Types and Top Investments

Top Investments and Best Deal Types in Downtown L.A. Condominiums   #dtla #bestdeals #investments

The best deals go quickly. That’s why smart home buyers are looking for better ways find special deals that offer more amazing lofts, condos and houses at lower prices and with higher return on investment. Buyers often look at only agent listings and the internet. Buyers miss out on the hard-to-find deals, and therefore risk missing out on just the right home. Here are some of the best solutions:

New Homes in Orange County
New Homes in Orange County, Los Angeles, The Valley and Beach Cities

Best Deals – Types of Distressed Properties and Other Bargains

New Construction Homes – New build homes often provide a superior deal because they are newer, with the latest technology and highest construction quality at very competitive prices.

Mills Act Tax Benefits on Historic Lofts
Mills Act Tax Benefits on Historic Lofts

Mills Act Homes – The state of California, along with counties and cities, provides a big discount on property taxes to owners of qualified historic lofts and buildings to help maintain the character of the structures.

Distress Sale – When a seller needs to sell quickly for any reason, or when the seller is having difficulty selling due to physical or legal condition of the property, it opens up the possibility of better negotiating power for the buyer, along with a lower price.

Bank Owned – When a home owner cannot pay the mortgage on time, the bank takes over the property, then sells it for whatever the market will bear, often at a very low price.

For Sale By Owner ( FSBO ) – Some owners prefer to sell their home themselves rather than using a listing agent. This can create a great opportunity for buyers to negotiate a lower price.

Expired – When a home is listed for sale but does not sell within the expected timeframe, it creates an opportunity to offer a lower price.

Foreclosures
Foreclosures

Foreclosures – When a home was not paid for on time, the property is taken over by another party, who often sells it quickly at a lower price.

REO – Real Estate Owned is a class of property owned by a lender, typically a bank, government agency, or government loan insurer, after an unsuccessful sale at a foreclosure auction.

Company Owned – Refers to a bank-owned or lender-owned property that has been taken over due to a foreclosure or similar action.

Estate Sale – When a homeowner passes away, the family or other heirs inherit and sell the property to distribute to the funds fairly to the new owners.

Probate Sale – When a homeowner passes away without a proper trust, a judge must oversee the transfer and sale of the property.

In Escrow – Many prospective home buyers give up when they hear that a desirable property is already in escrow with another buyer. Rather than giving up, the buyer can and should take steps to be an official back-up buyer.

Under Contract – A residential purchase agreement has already been signed, but the agreement may be canceled. Buyers can put in a back-up offer to take advantage of canceled contracts.

On Hold – The seller has decided not to sell the property for a certain period of time. The seller is likely making preparations to sell, and smart buyers will place an offer and then follow up frequently to get a great deal.

Vacant – Nobody is living at the property, so the seller could be paying mortgage and losing a lot of money. The seller might drop the price drastically, giving the buyer an excellent deal.

Divorce Sale
Divorce Sale

Divorce Sale – One of the fastest growing deal types, divorces are commonplace in Southern California, and create an opportunity where the property must sell more quickly, often at a lower price.

Auction – The property sells to the highest bidder, often at a below-market price.  The auction process is often used for unsold new homes, foreclosures and bank-owned homes.

Pre-auction – When a home owner is late in mortgage payments, the property gets listed first as a pre-auction. Most auction listings are actually pre-auctions that will never go to auction, but offer a great chance to put in a profitable offer to the owner even if the unit is not listed for sale.

Pre-foreclosure – Before going into foreclosure, the property owner is often open to considering unsolicited offers, an excellent opportunity for savvy home buyers.

Raw Lofts – Loft developers sometimes do not complete every unit in a loft conversion condominium development. These raw lofts often sell at a lower price similar to other unfinished construction homes.

Off Market – Any property that is not listed on the MLS as Active is an off-market property.  These reduced-visibility listings and unlisted homes offer superior opportunities to get a lower price when other buyers do not see them.

Private Listings – Some home sellers do not want the general public (or tenant) to know that they are selling their home, so the seller chooses to keep the listing private and only offer to show it to buyers who are qualified.

Unlisted – Properties that are not listed on the real estate professionals MLS Multiple Listing Service.  With less competition, buyers can get a better deal and an easier negotiating process.

Pocket Listings
Pocket Listings

Pocket Listings – When a listing agent does not make the property information available to all other agents, the buyer can often get a better deal due to reduced competition.

Need To Sell Now – Homes that need to be sold immediately provide an excellent deal for buyers who are fully prepared and ready to grab a bargain.

Short Sales – When a home seller owes more than the property it’s worth, the seller can sell the property with the lender’s permission in a short sale.  Short sales take longer and require twice as much negotiations, with the seller and also with the seller’s lender.

Unclaimed Homes – Any home that has not yet closed escrow can present a super deal for the buyer when the buyer implements superior search, bargaining and negotiating strategies.

Get a free list of distress sale deals.  Fill out the online form:

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New Highrise Condos Downtown LA
New Highrise Condos Downtown LA

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.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.

How to Save Money on Real Estate by Going Direct to the Listing Agent

Find Your Own Loft and Get the Best Deal

With Downtown real estate prices so high, buyers and renters of Downtown lofts and condos are looking for ways to save money and get the most home for the dollar.

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One way to do that is by cutting out the middle-man and going direct.  By getting priority access to hot new listings and unlisted properties, new Downtowners may be able to get the best deal.

Buyers can figure out how much money is on the table by calculating the commission that would normally go to the buyer’s agent, also called a selling agent.  Sellers and landlords usually allocate around 5% to 6% to the real estate brokers.  About half generally goes to the listing agent and half to the selling agent. If the renter or buyer goes directly to the listing agent, there is about 2.5% to 3% extra that can be negotiated sometimes in the buyer’s favor. Most agents, however, are not too excited about giving away any of their commission, so the correct tactics must be used to save as much money as possible.

Regardless of the ability to negotiate, getting the best home with the lowest price starts with gaining access to the best deals possible.  Here are several ways to get info on the best deals in Downtown Los Angeles:

JUST LISTED – Beat out other buyers to the best deals with hot, new listings.
UNLISTED – Get the lowest price when other buyers do not know about the properties.
POCKET LISTINGS – A great deal is in your pocket
DISTRESSED PROPERTIES – Their loss is your gain
RAW LOFTS – Unimproved, fixers or maybe just needing a little TLC
FORECLOSURES – Bank-owned, REO, company-owned and repossessions
MILLS ACT – Save thousands on taxes every year

How To Go Direct To the Listing Agent And Save Money!
Learn 10 Inside Secrets to Finding Your Loft Yourself
Get FREE Instant Access by completing the form on this page.

If you’ve tried to find your perfect home yourself, you know that the minute you start signing up on the home search websites, the phone will start to ring off the hook. Unfortunately, most calls aren’t from prospective loft sellers, but rather from every real estate agent in town who will start to hound you for your business.

Like other home buyers, you’ll be subjected to a hundred sales pitches from agents who will tell you how great they are and how you can’t possibly find a home by yourself. After all, without the proper information, finding the best deals a home isn’t easy. Perhaps you’ve been looking for several months with none that were just right, or lost out to another buyer. This can be a very frustrating time, and many home buyers have given up their dream of finding their home themselves.

But don’t give up until you’ve read a new report entitled “Find Your Own Home” which has been prepared especially for homebuyers like you. You’ll find that finding your perfect home by yourself is entirely possible once you understand the process.

Inside this report, you’ll find 10 inside tips to finding your home by yourself which will help you buy for the best price with the least hassle and risk. You’ll find out what real estate agents don’t want you to know.

Order this report NOW to learn how you really can find your home yourself and get the best price. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

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Copyright © 2016 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.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.

Bargain Homes For Sale – How to Find the Best Deals in Los Angeles Real Estate #foreclosures

Bargain Homes For Sale
How to Find the Best Deals in Los Angeles Real Estate

new-lightingNow that we are well past Halloween, it seems a bit late to talk about scary real estate topics, but this post will help buyers and investors to get the best deal and generate the best financial results, quickest equity or most profit. The concept to great financial results on a home purchase is to buy an ugly home in a good neighborhood, and then beautify it so it is worth more money. While prices are shooting, up bargains such as foreclosures are getting hard to find. But there are other good deals. Downtown Los Angeles, one of the most booming neighborhoods in the world, offers great opportunities in turning scary lofts into amazing lofts, often by simply adding some relatively inexpensive interior features.

Here is the simple concept: The scariest home in a good neighborhood can become the best investment.  Why?  Because you can turn the scariest home into an attractive home. Sometimes it’s very quick, easy and affordable.

27-fixups

One example that many home buyers don’t know about — besides location and square footage, one of the most important features to home value is windows, including natural light and view.  So buy a home with great windows when possible, but that can cost an extra $5,000 per floor up for high-rise views.  What many don’t know — if you buy a dark home with bad windows, you can still follow this successful concept by adding some really beautiful lighting and decor.  While a big, bright window with a view is best, a lower cost loft, condo or house (perhaps with low light or with dark area in the back), by adding a beautiful new ceiling lamp that shines near a beautiful home feature or by a work of art subconsciously, a quick fix can fulfill the same desire in the buyer’s brain. A scary home really can be turned into an attractive home.

Other scary properties, such as fixer lofts and raw lofts that are currently unlivable, condos with lawsuits offer tremendous profit potential when buyers have access to all of the information about the problems and solutions. It is free to get priority access and to get proprietary real estate information on Downtown lofts and other L.A. homes for sale.

Get fixer uppers and raw lofts new listings in your email. Fill out the online form:

Find homes in Downtown Los Angeles:

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

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

 

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Your Home Sold GUARANTEED or I’ll Buy It*

Corey Chambers, REALTOR®
(213) 880-9910
www.SoCalRealtyBlog.com

Copyright © 2015 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.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.
*seller and Corey must agree on price and time of possession – details at HomeSoldForSure.com. Realty Source Inc  BRE#01889449

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Reelz Living Large Downtown LA TV Show Luxury & Foreclosures #dtla #lofts #losangeles

Just caught a great cable TV show called Reelz that really explains what is happening with the renaissance of Downtown Los Angeles, including lofts and luxury real estate.

Luxury high-rises are cool, but we’re getting more requests than ever before from LA Loft Blog readers who are looking for historic loft bargains. So, this post also shares information on some of the best deals — how to find great distressed property deals in Downtown.

downtown-5th-broadway

downtown-la-reelzIn a city famous for setting trends, what is old in Los Angeles is actually new again. Downtown Los Angeles is the newest destination for Hollywood A-Listers. From cutting edge architecture, to hip apartments, great shopping and cool restaurants, downtown LA is the new thing.  Check it out at http://www.reelz.com/show/208/ok-tv-specials/

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Everyone wants a deal, and the Distress Property List is one of the most desirable tools for finding affordable lofts in DTLA.  Many need work and cosmetic attention.  Get a free, no obligation list of all Downtown foreclosures. The list includes pics, locations and property details. Get acccess to the list at www.DowntownDistress.com or use the form below.  Fill out the online form:

Find homes in Downtown Los Angeles:

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

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

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Your Home Sold GUARANTEED or I’ll Buy It*

Corey Chambers, REALTOR®
(213) 880-9910
www.HomeSoldForSure.com

Copyright © 2015 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.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.
*seller and Corey must agree on price and time of possession – details at HomeSoldForSure.com. Realty Source Inc BRE#01889449

Get a Free List of L.A. Foreclosures and Downtown Distress Sales

Los Angeles Distress Sales / Bank Foreclosures Hotlist

Downtown Distress

Get your free copy!

Distress Sales resulting from bank foreclosures often represent a great way to get a fantastic deal on a loft. It’s not easy for the average loft buyer to find these deals, because you have to keep searching to see when one comes up.

If you’re the type of person who recognizes what a great deal some of these properties could represent, you will be interested to know about a new free service which automatically searches out and downloads a current list of all such properties day in and day out. When you receive this free, no obligation service, you’re automatically plugged in to the most current list of Foreclosure Properties on the market, in the price range and area that interests you. You can also have access to updates of the list as new properties are added to it.

Here’s how it works. You will receive a FREE report listing the current Foreclosure properties (including photos) in your desired price range and location. There is no cost for this information, and absolutely no obligation. This insider information, sent to you in an incredibly simple and efficient format, will give you a huge advantage over other buyers in the marketplace.

You can request this free “Distress Sales and Bank Foreclosures Hotlist” at www.DowntownDistress.com or fill out the online form:

 

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

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

ASCENDING ORDER (low to high)    |    DESCENDING ORDER (high to low)

Copyright © 2015 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.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.