West LA Real Estate | Santa Monica Houses For Sale | Brentwood | Pacific Palisades
Keller Williams
Robert & Barbara Schmalz
310.505.5571
bob_schmalz@wlaregroup.com
 

 
 

Subscribe

Enter your email address:

Benefits of Subscribing to The Blog:As soon as there is a new post you will be brought up to date via email. It will keep you in touch with the community so you can participate and see what is going on in the world of Real Estate, The Economy , Politics and if course my ranting.

 
 

Categories

 
 

Archives

 
 

Login and Registration

Interested in writing a post for the Schmalz on Real Estate Blog? Click "Register" to create an account.

 

Blog

Title Search Process Simplified — You Pay For It, Do You Know The Process?

2011/12/14 – 4:18 pm

In the past two weeks I have had two clients one buying a Santa Monica House and the other a Brentwood Condominium who asked me what does it mean to do a Title Search, what is the process?

West Los Angeles Real Estate Group tries to serve its clients and the community in understanding the Real Estate process, no doubt in can be daunting and is always a good reason to seek a professional instead of going it alone when you are thinking of buying or selling a Santa Monica Home or a Brentwood Condo.

In as simple terms I can find here is the step by step process;

  1. Customer Service verifies legal property description & how title to real property is held
  2. Preliminary order & title search are opened
  3. Preliminary search of real property is done
  4. Title search examines real property records, general index records & tax records
  5. Examiner reviews complete search package & writes preliminary report
  6. Data processor enters preliminary title information into computer & prepares preliminary report
  7. Messenger service delivers prelims to escrow & lenders
  8. New documents, demands & statement of information submitted to title company
  9. Escrow authorizes recording of new documents in the transaction
  10. Documents are recorded, confirmation of recording is received & liens of record are paid off
  11. Title officer writes title policies
  12. Data processor prepares final title policies
  13. Title policies released to client
Please call me with any questions, I am Bob Schmalz a Cal Licensed Real Estate Broker and founder of West LA Real Estate Group. You can reach me at 310.505.5571 or email at bob_schmalz@wlaregroup.com
By Bob | Also posted in brentwood, Brentwood Condo, brentwood real estate, brentwood realtors, santa monica homes, Santa Monica Houses, Santa Monica Real Estate, West LA Real Estate, West LA Real Estate Group | Tagged , , , , , , , , , , , , , , | Comments (0)

BANK FORECLOSURES & SHORT SALES: SANAT MONICA, BRENTWOOD, PACIFIC PALISADE AND MORE

2011/11/15 – 11:20 am

West Los Angeles Real Estate Group specializes in Shorts Sale Houses / Condos  and Foreclosure Houses /Condos in the following communities

  • Beverly Hills
  • Santa Monica
  • Brentwood/Bel Air
  • Westwood / Century City
  • Cheviot Hills/Beverlywood
  • Malibu/Pacific Palisades
Highlight of Santa Monica 2 Bedroom Condo, 1777 sq ft at $425,000
Just came on the market. If you are really interested contact me.. This will be gone in a few days.
You will need to go in and decide on the spot if you would like to get this home
bob_schmalz@wlaregroup.com or call 310.505.5571
PLEASE KEEP IN MIND THESE LISTINGS ARE VERY VOLATILE AND CAN CHANGE AT ANY TIME
For more information, pictures and details of these distressed homes along with others go to  Bank Owned Foreclosures for single family homes and condos as well as Short Sale SFR and Condos.
If you would like to find out about Bank Owned Properties or Short Sales  follow these links  ALL ABOUT BANK OWNED FORECLOSURES   or  ALL ABOUT BUYING SHORT SALE PROPERTIES where I posted articles that will give you the fundamentals of what a short sale or bank owned property is .
Please contact us by telephone at 310.505.5571 or emailing bob_schmalz@wlaregroup.com to answer any questions you may have about distress properties in the West Los Angeles Real Estate market
Have a great day
Bob
Robert Schmalz – Cal. Lic. Broker #01813025
West Los Real Estate Group
Keller Williams – Brentwood
11812 San Vicente Blvd. Suite 100
LA, CA. 90049 – 310-505-5571

 

 

By Bob | Also posted in brentwood, Brentwood Bank Owned, Brentwood Condo REO, Brentwood Foreclosure, Brentwood Foreclosures, Brentwood Homes Short Sale, Brentwood Houses, Brentwood Houses Shorst Sales, Foreclosure Homes Beverly Hills, Foreclosure Homes Beverly Hills, Foreclosure Homes Brentwood, Santa Monica, Santa Monica Bank Owned, Santa Monica Foreclosure, Santa Monica Homes Short Sale, Santa Monica Real Estate, Santa Monica Short Sale | Tagged , , , , , , , , , , , , , , , , | Comments (0)

Pre-Lit Christmas Tree — We Have Arrived — Take A Moment — Take A Look

2011/11/14 – 8:49 am

I am guilty as charged I was getting into the Christmas season and spirit earlier then even the retailers. Now to give full disclosure I do not follow the religious aspects of Christmas, but what it stands for and it’s traditions one does not have to follow the religion to follow this wonderful season. Well I have to tell you it was knocked right out of me this morning as I was traveling to my favorite coffee hang.

As I was driving, it seems overnight, a store I pass every day was gleaming with Christmas trees all lit up and sparkling with snow scenes it was kind of nice because it fit in where my head was anyway. Then I saw this bright sign in the middle of the window PRE-LIT CHRISTMAS TREES. I continued driving for about 5 minutes before it really sunk in, and I asked myself what are they talking about, Pre Lit Christmas Trees?, this really seemed outrageous.

Why am I writing about Christmas Trees? What does this have to do with Real Estate? …  Economies of the Old World; Italy, Spain, Greece and France are in financial turmoil. Iran nuclear state!!! Israel going to bomb? The middle east Spring,,, Obama Care .. Our economy and unemployment giving way to riots in the streets? So why do I write about Christmas Trees…. I am not sure.

Maybe it has something to do with the ridiculous state of the Real Estate Market, the attitudes, cruelty and selfishness of people and all the terrible things happening in the world that I wanted to escape into the Christmas season before Thanksgiving. Then to look at PRE-LIT CHRISTMAS TREES I know a few people are ready to come back and shake the world back to time where we can think clearer and have values and traditions. Think of Bing Crosby, James Stewart , Nat King Cole , to name a few that would just love to be able to bring home that great tree and just plug it in. It just really blows me away because it says so much more than just buying a pre lit tree.. Stop and think of so many things that have changed that we have arrived at this.

So I might as well go back to realty, so don’t forget I am the owner of West Los Aneles Real Estate Group, I am a great California Licensed Broker and I know I have a Santa Monica House or Brentwood Condo that is perfect for you. Please call at 310.505.5571 or email bob_schmalz@wlaregroup.com so we can find the home of your dreams.

One  other thing (call out to Steve Jobs) Perhaps I will open a store with 8′ posters of Christmas Trees that have the smell of a Pine Tree and will shed needles a few days after Christmas.. What do you think?, a money maker right??

By Bob | Also posted in real estate, real estate broker, real estate condo, real estate condominium, Real Estate Houses, real estate license, Real Estate Value, Realtor | Tagged , , , , , , , , , , | Comments (0)

MARKET STATISTICS FOR BRENTWOOD, PACIFIC PALISADES & SANTA MONICA HOUSES; 10/14-31/2011

2011/10/31 – 8:36 am

Good morning, please find below the market statistics for Pacific Palisades, Brentwood and Santa Monica Houses. As we can see sales of Brentwood Houses have picked up considerably and distressed Santa Monica, Brentwood and Pacific Palisades Houses have remained very small.

West Los Angeles Real Estate Group has seen a pickup in the demand of Santa Monica Condos in the $600,000 to $800,000 range. Buyers seem to be starting to notice those enticing interest rates that have remained low. Last week we had a qualified buyer secure a conforming loan for 30 year fixed , no points at 4 1/8%.

Have a great week and as always please feel free to call me at 310.505.5571 or email bob_schmalz@wlaregroup.com to answer all your Real Estate Questions.

 

 

By Bob | Also posted in brentwood, Brentwood Bank Owned, Brentwood House, brentwood real estate, pacific palisades, Pacific Palisades Bank Owned, Pacific Palisades Foreclosures, Pacific Palisades Houses, Santa Monica, Santa Monica Bank Owned, Santa Monica Foreclosures, Santa Monica Real Estate | Tagged , , , , , , , , , , , , , | Comments (0)

SANTA MONICA, PACIFIC PALISADES & BRENTWOOD REAL ESTATE MARKET STATISTICS

2011/10/17 – 3:37 pm

Here are this weeks numbers for West LA Real Estate Group’s market, Brentwood, Pacific Palisades and Santa Monica Real Estate Homes.

It shows the active and sales for the past 4 weeks in these key areas of the West SIde of Los Angeles and as I have been telling my clients this prime area has not been hit hard with a lot of distressed houses. This does not mean the areas has not been effected by the economic turndown and Real Estate Market collapse.

On the contrary I think the better deals are hear dealing with individuals and not banks. Unlike individual homeowners there is no emotions with a bank and they do there homework to see what the market value should be. So they are not giving anything away.

So if you are in the market to buy or sell in”The Palisades”, Santa Monica or Brentwood call the experts that live and work in the market. You can reach me at anytime at 310.505.5571 or of course you can also email me at bob_schmalz@wlaregroup.com

By Bob | Also posted in Brentwood Foreclosure, Brentwood Foreclosures, Brentwood House, Brentwood Houses, Brentwood Houses Shorst Sales, Brentwood Houses Short Sale, brentwood real estate, Owners Selling Real Estate, pacific palisades, Pacific Palisades Bank Owned, pacific palisades foreclosure, Pacific Palisades Foreclosures, pacific palisades homes, Pacific Palisades Homes For Sale, Pacific Palisades Homes Short Sale, Pacific Palisades REO, Pacific Palisades REO House, Pacific Palisades Short Sale, REO, Santa Monica Foreclosure, Santa Monica Foreclosure Condo, Santa Monica Foreclosures, Santa Monica Homes Short Sale, Santa Monica Houses, Santa Monica Town Homes Short Sales, Short Sales Brentood Homes, Short Sales Brentwood Town Homes, Short Sales Facts | Tagged , , , , , , , , , | Comments (0)

MARKET ACTIVITY FOR PACIFIC PALISADES, SANTA MONICA AND BRENTWOOD REAL ESTATE

2011/10/10 – 6:14 pm

Well we are now officially in the 4th quarter of 2011 and for many of us we already know what the quarter looks like. The market my company, West Los Angeles Real Estate Group, specializes in Brentwood, Pacific Palisades and Santa Monica Real Estate continues to be a micro-economic proposition. Santa Monica Houses are a neighborhood to neighborhood market with the differences from fast selling to slow and large inventory to small changing from one to the other. Pacific Palisades and Santa Monica Houses are showing the same fluctuations and I do not see this changing in the near future. Pacific Palisades Homes and the market there in general got hit the most during this down market and really good deals can be had. I also feel that Pacific Palisades Real Estate will rise the quickest when the market turns.

For more information on the Santa Monica, Pacific Palisades and Brentwood Real Estate markets call teh experst who live and work in the neighborhood. My phone number is 310.505.5571 and of course I will retrun your emails immediately and my address is bob_schmalz@wlaregroup.com

The following are the most recent numbers for the activity in this area and includes the last 4 weeks so we can see trends.

*********************************************************************************************************************************************************

By Bob | Also posted in brentwood, brentwood home, brentwood homes, Brentwood House, Brentwood Houses, brentwood real estate, brentwood realtors, pacific palisades, pacific palisades homes, Pacific Palisades Homes For Sale, Pacific Palisades Homes Short Sale, Pacific Palisades Houses, Pacific Palisades Real Estate, Pacific Palisades REO, Pacific Palisades REO House, Santa Monica, Santa Monica Bank Owned, Santa Monica Foreclosure, Santa Monica Foreclosures, santa monica homes, Santa Monica Homes Short Sale, Santa Monica Houses, Santa Monica Houses Short Sale, Santa Monica Real Estate | Tagged , , , , , , , , , , , , , , | Comments (0)