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 РReal 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 РThe 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 РAny 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 РProperties 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:

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

Lofts For Sale                Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE UNDER $500,000  |  $900,000  |   Top Luxury
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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.

Downtown Los Angeles Lofts For Sale – How to find the best deals

Best Deals in Condominiums in Downtown L.A.   #dtla #bestdeals #homes

The best deals go quickly. That’s why smart home buyers know how to look for special deals that offer better homes, more amazing lofts, at lower prices and with higher profit potential.

New Home Los Angeles
New Homes Los Angeles

Best Deal Types

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

Mills Act Homes – The state of California, along with counties and cities provide a big discount on property taxes to owners of qualified historic lofts and buildings.

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 opesn up the possibility of better negotiating power for the buyer, and a lower price.

Bank Owned – When a homeowner can’t pay the mortgage on time, the bank takes over the property and sells it for whatever the market will bear, often at a 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, it creates an opportunity to offer a lower price.

Foreclosures – When 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 РReal 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 property that is 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 dies 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 SaleDivorce 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 РThe 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 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 development. These raw lofts often sell at a lower price similar to other unfinished construction homes.

Off Market РAny 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 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.

Pocket ListingUnlisted – Properties that are not listed on the real estate professional’s MLS Multiple Listing Service. ¬†With less competition, buyers can get a better deal and an easier negotiating process.

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 is 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:

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

New High-rise Condominiums For Sale
New High-rise Condominiums For Sale

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.

Downtown Los Angeles Home Foreclosures – REO DTLA and Distressed Properties L.A. Deals

Downtown Distress – Where are the best deals?

Now that DTLA and most of the Greater Los Angeles Area is booming, it’s getting tough for investors and other prospective home buyers and to find good deals ¬†— amazing lofts, condos and houses at a low price. The good news is that great deals and superior investments definitely exist, but they take more time and effort, or better skill, tools and resources to find. ¬† #dtla #foreclosures

Foreclosures Los Angeles By Downtown LA
Los Angeles Foreclosures Getting Hard To Find Around Downtown LA
Downtown Los Angeles Distressed Properties
Downtown Los Angeles Distressed Properties

DISTRESS SALE РMost REO foreclosure, auction, 3rd party and  bank owned properties are advertised by commercial website services that charge to look at them, only to later reveal that they are not really foreclosures, but pre-foreclosures and pre-auctions, homes that usually are not going to be sold. Most home shoppers find that the $50.00 they spend on these fake foreclosure real estate tracking services are not worth the money. The solution to this problem is for prospective home buyers to get access to all types of distressed properties, including priority access to hot new listings in addition to expired, vacant, unsold, raw lofts, divorce sales, pocket listings, off-market and unlisted properties in Downtown LA, and also the up-and-coming neighborhoods near DTLA.

UP AND COMING

Get a free list distressed properties in Downtown Los Angeles as well as surrounding up-and-coming areas with the best chances for profit and growth. 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

Up and Coming Neighborhoods near Downtown Los Angeles
Up and Coming Neighborhoods near Downtown Los Angeles

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.

Homes For Sale and Lease Downtown Los Angeles – Lofts, Condos and Apartments Best Deals

Prospective new Downtowners have been asking a lot of questions lately about how high the prices might get, and when they might fall.  Unfortunately, history has shown us that, while prices fall a bit quite frequently, they only fall a lot very rarely.  Prices almost never fall during the times that many expect them to.  Fortunately, there are ways to save money during any market. Here are some of them:   #distresssale #dtla

New Homes For Sale Los Angeles
New Homes For Sale Los Angeles

Foreclosures – Not many these days because the real estate market is too hot.
Raw Lofts РSave money by putting your own finishig touches on incomplete lofts.
Distress Sale РSellers somestimes get into hot water, and the buyer benefits.
Bank Owned РWhen a seller or developer is hemorrhaging money, the bank takes over.
Company Owned – Similar to a bank owned, but a company takes over instead.
REO – A common type of foreclosure
Auction РWhen a seller really wants to sell fast, an auction gets it done fast.
New Homes¬†– Shiny homes with no problems but sellers are motivated to sell ’em fast.
Vacant Homes – Sellers often reduce the price on vacant homes because they need to sell.
100-Year Lease Houses РSeller of new homes can give a lower price when land is cheap.
Off-Market Properties РHomes that are expired, on hold, or canceled listings
Pocket Listings
Unlisted Lofts
Train Station Homes
River Homes
Fixer-Uppers
Expired Listings
For Sale By Owner
Lawsuits and Litigation
Mills Act
Panic Sellers
Arts District Homes – Not the cheapest, but could be the best bargain compared to future.
More

Get a free list of distressed homes. Fill out the online form:

CONDOS DOWNTOWN LA  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
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Arts District Private Club
Arts District Continues to Impress

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.

Real Estate News – Downtown LA Market Report Update on Home Prices #dtla #lofts

Downtown Los Angeles home prices have stabilized in a normal upward trend for the last couple of years.

lofts-downtown-l-a-pan-american-llla

The average recent sold home price in DTLA is $724,049 according to MLS statistics. The Arts District stands out with an average recently sold price above $945,000. The average Downtown loft owner has now gained about $300,000 of equity in the last 4 years. Owning a Downtown L.A. home has been recently more profitable than the average full time job in the U.S.

gold_findout_dtla

los-angeles-median-home-price-chart

As current and future home buyers struggle to find a good deal, most real estate shoppers are still missing up to 45% of the best deals, which are: unlisted lofts, pocket listings, raw lofts, Mills Act, foreclosures, distressed properties, vacant condos and bank owned homes.  Prospective Downtowners can get access to these hard-to-find deals at no cost and no obligation to buy. 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

lofts-downtown-la-douglas-corner

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.

Expired Loft – What To Do When Your Downtown Home Doesn’t Sell

Los Angeles Condos That Don’t Sell – Expired Home Listings

expired-loftIt’s hard to believe that, even in today’s hot market, 34% of Downtown area homes that were listed ended up not selling in the past 6 months. Yes even in a brisk market, a large number of¬†lofts, condos and nearby houses¬†for sale listings do not sell.

If your Downtown loft, condo or house has just come off the market and hasn’t sold, don’t be discouraged. The reason your home did not sell may have nothing to do with your home or the market. In reality, your home may have been one of the more desirable properties for sale.

So Why Didn’t Your Home Sell? ¬†Order a free report at www.ExpiredLoft.com

Find homes in Downtown Los Angeles:

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

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Get a list of Los Angeles expired, cancelled, withdrawn, vacant, short sales, foreclosures and other distressed properties at www.DowntownDistress.com

Downtown Distress Sales

downtown-barker-view

corey-chambers-kw-af-sqYour Home Sold GUARANTEED or I’ll Buy It*

Corey Chambers,¬†REALTOR¬ģ
(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 Рdetails at HomeSoldForSure.com. Realty Source Inc  BRE#01889449

Downtown Distress Sales – Foreclosures, Short Sales, REO, Bank Owned, Company Owned in Los Angeles

Now that Downtown has been booming for four years, the good deals for buyers are still getting fewer and further between.

Arts District Pocket Listing
Arts District Pocket Listing

For example, there have been no foreclosures in the past six months.    There have been only two short sales during the same period:

>> MORE

The good news is that there are also fixers, vacant, uncooperative tenants, pocket listings and other great deals in Downtown, many of which are distressed sellers. Get a free list of downtown distress sales and other bargains.  Fill out the online form:

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.

Downtown Distressed Homes For Sale

Distress Sales and bank foreclosures often represent a great way to get a fantastic deal on a Downtown loft or condo. It’s not easy for the average homeowner to find these deals, because you have to keep scouring the newspaper and the internet to see when one comes up.

eckardt-santee-bldg

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 computerized 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 Distress Properties on the market, in the price range and area that interests you. This FREE service every day¬†will save you a lot of research and running around.

Here’s how it works. Every day, as soon as they come out, you will receive a FREE computerized report listing the current Distress properties 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 service by simply filling out the information on the form¬†below including the specific price range and area you would like the “Distress Sales Listing¬†Report” on.

PLEASE NOTE: It is our policy to disregard any submitted requests with false or fraudulent information. (i.e. fake phone numbers etc.)

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,  |   $10,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

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) 478-0499 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.

Downtown Lofts and Condos For Sale – Beat Out Other Buyers to the Best Deals

Beat Out Other Buyers to Hot New Listings

Receive Priority Access To ALL New Listings That Match Your Home Buying Criteria

Here’s how it works…

Our Exclusive Buyer Profile System saves you Time and Money. Simply tell us what you’re looking for and get priority access to ALL homes that match your criteria, including Bank Foreclosures, Company Owned Properties and other¬†Distress Sales.

No more wasted time looking at out-dated information in newspapers or searching the internet. Priority access means you’re there first before other buyers, so you can negotiate the lowest possible price and your time is not wasted viewing homes that don’t interest you.

Get up to twice as many amazing loft listings FREE at LAloftVIP.com

DOWNTOWN LOS ANGELES LOFT DISTRESSED PROPERTY SALES AND FORECLOSURES

DOWNTOWN LOS ANGELES LOFT DISTRESSED PROPERTY SALES AND FORECLOSURES

When Downtown real estate is sold in an urgent manner, often at a loss. Distressed sales often occur at a loss because funds tied up in the asset are needed within a short period of time. The funds from these assets are most often used to pay for debts, medical expenses or other emergencies.  A free list of Downtown distress / foreclosures is available.

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

How to Buy a Distressed Loft at a Discount Price

Downtown Los Angeles Distressed Property and Foreclosures
Downtown Los Angeles Distressed Property and Foreclosures

A distressed property is one that is under a foreclosure order, short sale or any unusual need for a quick sale often for less than a market rate.

The loft may be¬†damaged or in poor physical condition due to the owner’s precarious financial situation.¬†Distressed properties offer tremendous opportunities for buyers and investors alike.

Buying a distressed home is a terrific opportunity to acquire a property at a discount price. It provides you with the possibility of buying a larger loft than you would have thought possible. Reap a good profit with distressed properties by buying them cheaply, fixing them up at minimum cost and reselling them on the open market.

Downtown Distress Sales and Bank Foreclosures Hotlist

http://www.lacondoinfo.com/gold_distress.asp

CLICK HERE TO GET YOUR COPY

 

DOWNTOWN LOFT & CONDO:  FOR SALE  |  RENTALS    |  SUBSCRIBE   |  VIDEO
Corey Chambers,¬†REALTOR¬ģ¬†(213) 478-049
GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
L.A. Loft Blog, 200 N. San Fernando Rd., #119, Los Angeles, CA 90031

Corey Chambers, Realtor(R)

The #1 Downtown buyer‚Äôs agent¬†with 19¬†successful buyer transactions closed in 2013, Corey Chambers¬†is a¬†Realtor¬ģ, and member of the Top 6 award-winning, 5-Star¬†Yelp rated¬†team.¬† J.D. Power Award 2012 ‚Äď Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms.¬† DRE#01889449