Why is the Corey Chambers Team ringing up more than fifteen hundred clients, prospects, friends and family on the telephone on a Saturday and Sunday in May 2019? Here’s a couple hints: As the title of this article mentions, we’re not calling to tell everyone to buy a loft or to buy any real estate. We might be encouraging sellers — but not in the way you might think.
Corey listens to Jeremiah at Children’s Hospital Los Angeles – ReferralsHelpKids.com
First a quick note on why it might be time to sell.
It may be easiest and most accurate to picture the economy today as the exact opposite of the economy eight years ago. If you were reading the L.A. Loft Blog posts from 2010 to 2012, then you were seeing that the Loft Blog was really encouraging many to buy a loft when the prices were ridiculously low. It was fascinating, at the time, to hear how some would-be buyers said that prices were “too high” in 2012. The reality was, of course, very much the opposite. Real estate prices in Downtown Los Angeles bottomed out around 2012. The LA Loft Blog was spot on when it encouraged prospective Downtowners to get right in front of the wave (like a surfer does), so we could be in position to catch and ride the wave from low to high to gain maximum equity. One of our posts even went as far as to say that buying a loft at that time would be almost like getting a free loft. Now we know that it turned out to be accurate. I put my own money where my mouth was and turned a few thousand dollars down into hundreds of thousands of dollars of equity. You might say that is “as good”, or perhaps even better, than a free loft. Because the economy is the opposite of those times, and some prices have begun to fall, the L.A. Loft Blog is urging those who are considering selling a loft, condo or house to hit just the right timing if possible, and to get a much more satisfying outcome than originally thought possible.
Your Referrals Help the Kids!
This article, like most of the articles before it, is to help buyers, sellers, landlords and renters to find the best resources, make the best decisions, and achieve the happiest results in real estate in DTLA, Greater Los Angeles and all of Southern California. The purpose of so many phone calls is #1 to raise money to help the kids at Children’s Hospital Los Angeles (together, we’ve already raised $3,175). #2: the side effect of that goodwill is the number of sellers that contact the Corey Chambers Team asking for our help to sell their home, so that we all end up helping the kids to the tune of $25,000. That’s enough to give live-saving treatments for kids with cancers — leukemia, non-hodgkins lymphoma, along with early diagnosis of autism etc.
In conclusion, just reading this article, reading the Corey Chambers real estate newsletters and taking my phone calls help’s the kids in a much bigger way than we might initially think. Because of the newsletters and phone calls, just one little referral can turn into 15 buyer or seller transactions, which means 15 donations to Children’s Hospital. Now that can help a lot of kids! #sellhomeforcash
Find out how much the home down the street sold for. Get a free list of nearby home sales with prices and photos, along with a list of currently active homes for sale in the area. Fill out the online form:
Six Mistakes to AVOID When Moving Up to Your Next Home.
Unlike the experience of buying a first home, when you’re looking to move-up, and already own a home, there are certain factors that can complicate the situation. It’s very important for you to consider these issues before you list your home for sale. Not only is there the issue of financing to consider, but you also have to sell your present home at exactly the right time in order to avoid either the financial burden of owning two homes or, just as bad, the dilemma of having no place to live during the gap between closings.
In this Summer edition of SoCal, I outline the six most common mistakes homeowners make when moving to a larger home. Knowledge of these six mistakes and the strategies to overcome them will help you make informed choices before you put your existing home on the market.
*Feel free to share these SIX mistakes with anyone you know considering moving up to a bigger home this summer.
#IndustrialLofts
1. ROSE-COLORED GLASSES
Most of us dream of improving our lifestyle and moving to a larger home. The problem is that there are some- times a discrepancy between our hearts and our bank accounts. You drive by a home that you fall in love with only to find that it’s already sold or that it’s more than what you are willing to pay. Most homeowners get caught in this hit or miss strategy of house hunting when there’s a much easier way of going about the process. For example, find out if your agent offers a Buyer Profile System or “House-hunting Service,” which takes the guesswork away and helps to put you in the home of your dreams. This type of program will cross-match your criteria with ALL available homes on the market and supply you with printed information on an on-going basis. A program like this helps homeowners take off their rose-colored glasses and, affordably, move into the home of their dreams.
2. FAILING TO MAKE NECESSARY IMPROVEMENTS
If you want to get the best price for the home you’re selling, there will certainly be things you can do to enhance it in a prospective buyer’s eyes. These fix-ups don’t necessarily have to be expensive. But even if you do have to make a minor investment, it will often come back to you ten-fold in the price you are able to get when you sell. It’s very important that these improvements be made before you put your home on the market. If cash is tight, investigate an equity loan that you can repay on closing.
You should plan to sell before you buy. This way you will not find yourself at a disadvantage at the negotiating table, feeling pressured to accept an offer that is below-market value because you have to meet a purchase deadline. If you’ve already sold your home, you can buy your next one with no strings attached. If you do get a tempting offer on your home but haven’t made significant headway on finding your next home, you might want to put in a contingency clause in the sale contract which gives you a reasonable time to find a home to buy. If the market is slow and you find your home is not selling as quickly as you anticipated, another option could be renting your home and putting it up on the market later – particularly if you are selling a smaller, starter home. You’ll have to investigate the tax rules if you choose this latter option. Better still, find a way to eliminate this situation altogether by getting your agent to guarantee the sale of your present home (see point number 5 below).
altaloft.com
4. FAILING TO GET A PRE-APPROVED MORTGAGE
Pre-approval is a very simple process that many homeowners fail to take advantage of. While it doesn’t cost or obligate you to anything, pre-approval gives you a significant advantage when you put an offer on the home you want to purchase because you know exactly how much house you can afford, and you already have the green light from your lending institution. With a pre-approved mortgage, your offer will be viewed far more favorably by a seller – sometimes even if it’s a little lower than another offer that’s contingent on financing. Don’t fail to take this important step.
5. GETTING CAUGHT IN THE “REAL ESTATE CATCH 22”
Your biggest dilemma when buying and selling is deciding which to do first. Point number 3 above advises you to sell first. However, there are ways to eliminate this dilemma altogether. Some agents offer a Guaranteed Sale “Trade-Up” Program that actually takes the problem away from you entirely by guaranteeing the sale of your present home before you take possession of your next one. If you find a home you wish to purchase and have not sold your current home yet, they will buy your home from you themselves so you can make your move free of stress and worry.
Buying a new home? Sell yours worry-free with Corey Chambers Guarantee
6. FAILING TO COORDINATE CLOSINGS
With two major transactions to coordinate together with all the people involved such as mortgage experts, appraisers, lawyers, loan officers, title company representatives, home inspectors or pest inspectors the chances of mix-ups and miscommunication go up dramatically. To avoid a logistical nightmare, ensure you work closely with your agent.
Go Serve Big!!! Corey Chambers
Go Serve Big Your Referrals Help Kids!
How to Use Other People’s Money
We have special financing options available as well as tenants who will rent these homes if you need assistance with that.
If these homes do not interest you, then contact us about other great investment opportunities.
Just know the good deals go fast!
If you know of anyone else who may be interested in building wealth through real estate investing, please pass on my contact info or provide me with theirs.
Thank you! Corey Chambers
Corey Chambers Raising $25,000 with your referrals.
As you may have heard, Children’s Hospital is front and center in the fight against nasty diseases that destroy or cut short the lives of Children. We are thankful to have such a wonderful facility close by, doing such great work to help heal and save young people.
So even as we are eager to enjoy life, others are simply hoping they can be here to live it. This is why we here at Your Home Sold Guaranteed have resolved to do what we can to help.
For homes we sell this year, we are donating a portion of our income to Children’s Hospital. Our goal is to raise $25,000 to help them in their quest to Heal, Save, Cure
Our Goal to Raise $25,000 this year for CHLA
This is where you can help!
Who do you know considering making a move you could refer to my award-winning real estate sales team?
For anyone considering a move that we help, you can rest assured that not only will they get the award-winning service we are known for, but that a solid portion of the income we receive from the transaction will go toward a very worthy cause.
I want to make it easy for you to refer your friends, neighbors, associates or family members considering making a move, so you can pass along our business card to them, I have enclosed a couple here for that purpose. Of course, you can always call me direct as well at 213-880-9910.
Your Referrals Help the kids
You and your referrals mean more than ever to my team and I. As we move forward in this new season, please know we are extremely thankful for you and you being a special part of our business.
would-be buyers said that prices were “too high” in 2012. The reality was, of course, very much the opposite. Real estate prices in Downtown Los Angeles bottomed out around 2012. The LA Loft Blog was spot on when it encouraged prospective Downtowners to get right in front of the wave (like a surfer does), so we could be in position to catch and ride the wave from low to high to gain maximum equity. One of our posts even went as far as to say that buying a loft at that time would be almost like getting a free loft. Now we know that it turned out to be accurate. I put my own money where my mouth was and turned a few thousand dollars down into hundreds of thousands of dollars of equity. You might say that is “as good”, or perhaps even better, than a free loft. Because the economy is the opposite of those times, and some prices have begun to fall, the L.A. Loft Blog is urging those who are considering selling a loft, condo or house to hit just the right timing if possible, and to get a much more satisfying outcome than originally thought possible.
