Tag: Lofts

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Market Lofts Litigation

Justin:  Where can we find out about the settled litigation at Market Lofts??

Corey:  That’s a great question, Justin.  Now that the real estate economy has shifted toward a buyer’s market, prospective loft and condo owners are being more diligent about their potential investments.  Knowing about litigation, lawsuits and loft lending issues ahead of time can save money, frustration and many hours, days or weeks of time.  Here’s an update on what we know about Market Lofts litigation.  #market #lofts #litigation

HOA involved in litigation, however conventional financing is available. We are told that there are two pending litigations that are wrapping up: Construction Defect Litigation and Parking Litigation. They are said to be almost done, but need to have the final paperwork filed at court.  Buyers may currently need to use a litigation specialist lender or loft specialist lender who has successfully completed financing for units in the building recently.  A list of loft lenders is available free from the L.A. Loft Blog.

Get a free list of loft lenders. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

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.

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Downtown Los Angeles Condo Buyers Face Fewer Bidding Wars

REAL ESTATE MARKET NEWS

Now that the froth has been removed from the real estate market, home buyers are finding less competition and easier success when attempting to purchase a desirable loft,  condominium or house.   #realestate #market #home

CNBC reports that only about 16% of buyers are facing bidding wars recently. When buyers find a desirable home now, they can feel a bit more relaxed that another buyer is not going to immediately nab it.  While some real estate markets, such as Sacramento and Denver, are still seeing more than enough buyers, nearly all Downtown Los Angeles specialist real estate professionals say that the market has been noticeably soft for about six to twelve months. Many are saying that the market has shifted to a buyer’s market, meaning there are enough properties to choose from and perhaps not quite enough buyers to satisfy the needs of many sellers. #dtla

The real estate market has slowed across Southern California since last summer.  #prices

Find out what the home down the street sold for

Find out how much your neighbor’s loft sold for.  Get a free list of recently sold properties in Downtown Los Angeles or any neighborhood. Fill out the online form

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

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.