My clients who are buying Brentwood Real Estate be it Brentwood Houses or Condos are always asking who is to pay for this or that, so I decided to make a list of who usually pays for items during escrow. Keep in mind West Los Angeles Real Estate Group negotiates every line item for their clients so although this is a good guideline how you negotiate the transaction will effect this list.
So when buying Brentwood Condos or Houses it is always good to have a professional and highly qualified team who specializes in Brentwood Real Estate handle your transaction.
Please call your specialist at West Los Angeles Real Estate Group to handle and take care of all your Real Estate needs. You can call me anytime at 310.505.5571 or of course email at bob_schmalz@wlaregroup.com.
BUYER Typically Pays For:
- Escrow fees – Their Own
- Document preparation (if applicable)
- Notary fees
- Recording charges for all documents in buyer’s name
- Termite inspection (according to contract)
- Tax proration (from date of acquisition)
- Homeowner’s transfer fee
- All new loan charges (except those required by lender for seller to pay)
- Interest on new loan from date of funding to 30 days prior to first payment date
- Assumption/Change of Records fees for take-over of existing loan •
- Beneficiary Statement fee for assumption of existing loan •
- Inspection fees (roofing, property inspection, geological, etc.) •
- Home Warranty (according to contract)
- Lender’s policy
- Fire insurance premium for first year
SELLER Typically Pays For:
- Real estate commission
- Escrow fees – Their Own
- County documentary transfer tax (55 cents per $500 of consideration, exclusive of the value of any lien or encumbrances attaching to the property at time of sale)
- Applicable city transfer/conveyance tax (according to contract)
- Document preparation fee for deed
- Any loan fees required by buyer’s lender
- Payoff of all loans in seller’s name (or existing loan balance if being assumed by buyer)
- Interest accrued to lender being paid off
- Statement fees, reconveyance fees and any prepayment penalties
- Termite inspection (according to contract)
- Termite work (according to contract)
- Home Warranty (according to contract)
- Any judgments, tax liens, etc., against the seller
- Tax proration (for any taxes unpaid at time of transfer of title)
- Any unpaid homeowner’s dues
- Recording charges to clear all documents of record against seller
- Any bonds or assessments (according to contract)
- Any and all delinquent taxes
- Notary fees – escrow fee
- Title insurance premium: Owner’s Policy
By Bob
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Also posted in Blog, brentwood, Brentwood Condo, Brentwood Condos, brentwood real estate, brentwood real estate broker, West LA Real Estate Group
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Tagged bank owned real estate, brentwood condos, brentwood home, brentwood houses, brentwood real estate, brentwood real estate broker, brentwood realtor, brentwood realty, condos for sale, condos in brentwood, houses for sale, houses in brentwood, real estate, real estate broker, REO, REO in Brentwood, west la real estate group
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4 BEDROOMS / 3 BATHS / 2341 SQ FT /35300 SQ FT LOT
BEAUTIFUL MOUNTAIN LIVING 10 MINUTES FROM SAN VICENTE
LIST PRICE $995,000 – Only $425 per sq ft – FOR BRENTWOOD
As with all distressed properties, short sales and bank owned foreclosures, the listing are very volatile and change on a daily basis. If you are interested please contact me a.s.a.p. at 310.505.5571
Incredible original owner/builder country home on N Bundy in nature filled privacy! Dreamy natural surroundings. Enjoy private seclusion on one of largest lots in the area. Over 50% is lightly wooded hilltop for nature exploration. Large, cozy home tucked away in trees, with great front AND back yard privacy. Uniquely designed 2 story home with tons of character and charm. Must see to appreciate full scope of property!
Contact me at 310.505.5571 or email, bob_schmalz@wlaregroup.comif you would like to see the full listing or to make an appointment at your convenience.
ACTIVE 12.20.11 11-583075
By Bob
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Also posted in brentwood real estate, brentwood real estate broker, Short Sale Houses Brentwood, Short Sales -- Houses, Uncategorized
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Tagged brentwood, Brentwood Agent, Brentwood distressed houses, brentwood houses, brentwood real estate, Brentwood Real Estate Agent, brentwood real estate broker, brentwood short sale homes, brentwood short sale houses, brentwood short sales, Distressed Homes, West LA Real Estate, west la real estate group
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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
PLEASE KEEP IN MIND THESE LISTINGS ARE VERY VOLATILE AND CAN CHANGE AT ANY TIME
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
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Also posted in Blog, brentwood, Brentwood Bank Owned, Brentwood Condo REO, Brentwood Foreclosure, Brentwood Foreclosures, Brentwood Homes Short Sale, 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
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Tagged Brentwood Condos For Sale, Brentwood Foreclosures, Brentwood Houses For Sale, brentwood property, brentwood realestate, brentwood realtor, brentwood short sales, Pacific Palisades Foreclosures, pacific palisades homes, Pacific Palisades Real Estate, Pacific Palisades Real Estate For Sale, real estate santa monica, Santa Monica Condos For Sale, santa monica foreclosures, Santa Monica Houses For Sale, Santa Monica Real Estate, santa monica short sales
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0ver 6 BEDROOMS / 6 BA / 5619 SQ FT / 6882 SQ FT LOT
PRICED LOWRED $650,000
LIST PRICE $2,849,000 $2,449,000
TWO YEARS AGO THIS PROPERTY WOULD HAVE SOLD FOR $3.2M. IN THE KENTER CANYON SCHOOL DISTRICT.
BANK SHORT SALES ACTIVITY IS UNPREDICTABLE THE GOOD ONES GO FAST
Gorgeous Warm-Contemporary Modern In Kenter Canyon. This 3-level home has 6 bedrooms “ensuite” + 2 half baths + over 5,600 sqft of glorious splendor. This astute masterpiece of spectacular workmanship and engineering is the home you have been dreaming of. Large “great rooms” and terraces/yard make for fabulous entertaining! High ceilings, tons of natural light + top-quality materials throughout this European-inspired residence. Spacious cooking kitchen with abundant storage. Kitchen drawers/cabinets are blue motion (silent close). Each level has its own HVAC and electrical sub-panels. House re-build includes dumbwaiter and central vac. All bedroom doors are solid vertical grain Douglas-fir. Three tubs are deliciously air jet/water jet. Ground floor is ideal for nanny, in-law, or a dream office space with private entrance. Rebuild completed in 2007. Welcome to peaceful canyon living, yet only a 3 min drive to Sunset.
Contact me at 310.505.5571 or email, bob_schmalz@wlaregroup.com if you would like to see the full listing or to make an appointment at your convenience. If you are interested you should respond quickly.
ACTIVE 11.8.11 11-195065
By Bob
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Also posted in brentwood, brentwood home, brentwood homes, Brentwood Homes Short Sale, Brentwood House, Brentwood Houses Shorst Sales, Brentwood Houses Short Sale, Short Sale, Short Sale Brentwood, Short Sale Houses Brentwood, Short Sales, Short Sales -- Houses
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Tagged bank short sale, bentwood real estate short sales, brentwood home, Brentwood House For Sale, Brentwood Houses For Sale, brentwood realtor, brentwood realty, brentwood short sale homes, brentwood short sale houses, brentwood short sales, Houses For Sale in Brentwood, real estate short sales, Short Sale, short sale home, short sale house, short sale houses, Short Sales, short sales in real estate
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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
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Also posted in Blog, Brentwood Foreclosure, Brentwood Foreclosures, Brentwood House, 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
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Tagged brentwood home for sale, brentwood real estate, brentwood realestate, Pacific Palisades Houses, Pacific Palisades Real Estate, pacific palisades realestate, realestate, Santa Monica Houses For Sale, Santa Monica Real Estate, santa monica realestate
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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.
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By Bob
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Also posted in Blog, brentwood, brentwood home, brentwood homes, Brentwood House, 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
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Tagged bank foreclosure, brentwood home for sale, brentwood real estate, brentwood realestate, Foreclosure, foreclosure listings, Foreclosures, Los Angeles Foreclosures, Pacific Palisades Houses, Pacific Palisades Real Estate, pacific palisades realestate, realestate, Santa Monica Houses For Sale, Santa Monica Real Estate, santa monica realestate
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