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Foreclosures

BANK OWNED FORECLOSURE -WESTWOOD –SINGLE FAMILY HOME –3 BEDROOMS – 1800 SQ FT

SOLD***SOLD***SOLD

3 BEDROOMS / 2 BATHS / 1800 SQ FT /6500 SQ FT LOT
ONLY ON MARKET 4 DAYS – WONDERFUL RESIDENTIAL WESTWOOD AREA
LIST PRICE $1,100,000

THIS IS A BANK OWNED FORECLOSURE THAT IS IN GOOD CONDITION, GREAT LOCATION, FANTASTIC VALUE

Beautiful three bedroom, two bathroom Spanish style home in an ideal location. Generously-sized living room with a high, barreled ceiling, fireplace and French doors opening to a central courtyard. Formal dining room with original Spanish tiling. Large kitchen with a center island and separate breakfast area with French doors also leading to the courtyard. Master bedroom with its own bath and walk-in closet. Two additional bedrooms share a full bathroom with a separate shower and tub. Detached 2-car garage with a large bonus room, perfect for an office or playroom

CONTACT ME AT 310.505.5571 OR EMAIL; bob_schmalz@wlaregroup.com IF YOU WOULD LIKE THE FULL LISTING OR MAKE AN APPOINTMENT.

ACTIVE 10.3.11                                 11-143755

 

BEVERLY HILLS CONDO – BANK OWNED FORECLOSURE – LARGE 3 BEDROOMS OVER 2000 SQ FT – RARE BH FORECLOSURE

SOLD *** SOLD

3 BEDROOMS / 2 1/2 BATHS / 2123 SQ FT
NEW ON THE MARKET
LIST PRICE $699,000

All Bank Owned Foreclosures are very active and although it is on the market as active today the status can change quickly

Prime Beverly Hills FORECLOSURE opportunity to fix and save! This spacious 3 bedroom + den and formal dining room front end unit features closets galore, balcony, and fireplace, and double door entry. Quality wood flooring and crown and base moldings throughout most of unit. Unit is an as-is fixer (kitchen cabinets and appliances are removed, misc repairs needed, and may not qualify for conventional financing) and is in landmark building that has a beautiful and elegant lobby, pool, gym, and sauna, is close to the best entertainment venues and is in Beverly Hills Unified School District

CONTACT ME AT 310.505.5571 OR EMAIL; bob_schmalz@wlaregroup.com IF YOU WOULD LIKE THE FULL LISTING OR TO MAKE AN APPOINTMENT.

ACTIVE 9/2/11                               11-935055

MARINA DEL REY CONDO – BANK OWNED FORECLOSURE –TWO BEDROOMS – BUILT IN 2006 — $60,000 PRICE REDUCTION

SOLD *** SOLD *** SOLD

2 BEDROOMS / 2 BATHS / 1600 SQ FT
LIST PRICE $584,903   $529,900

All Bank Owned Foreclosures are very active and although it is on the market as active today the status can change quickly

Dramatic open living loft in the Heart of The Marina Arts District with towering walls of Glass, 17′ ceilings, mosaic tiles and Caeserstone counters. 2 Bedroom Areas, 2 Baths. *Bank Owned* & the BEST value in the Marina.

CONTACT ME AT 310.505.5571 OR EMAIL; bob_schmalz@wlaregroup.com IF YOU WOULD LIKE THE FULL LISTING OR TO MAKE AN APPOINTMENT.

ACTIVE 9/2/11                                11-104545

MAR VISTA * BANK OWNED FORECLOSURE * SINGLE FAMILY * 4 BEDROOM * 3120 SQ FT – $599,900

SOLD***SOLD***SOLD

4 BEDREOOMS / 4 BATHS / 3120 SQ FT / 4800 SQ FT LOT
THIS IS A FIXER – BUT IT IS LISTED AT $192 PER SQ FT –
LIST PRICE $599,000 — OFFER $499,000 — ???????

NEW LIST PRICE $549,000 — $499,000 FOR A HOUSE??

All bank owned properties are very active and although it is on the market as active today the status can change quickly
Mar Vista fixer awaits your personal stamp! Consider this home a blank palette and let your contractor at it! Open floor plan. Huge rooms. Property missing appliances, cabinetry and most bathroom fixtures. Work is still being completed on the property-  If you wanted to get into a house but thought they were out of your reach this may be it. No matter what you spend, in renovations, you cant spend enough not to make this a value. Call your contractor and make an appointment.

CONTACT ME AT 310.505.5571 OR EMAIL; BOB_SCHMALZ@WLAREGROUP.COM  IF YOU WOULD LIKE THE FULL LISTING OR TO MAKE AN APPOINTMENT.

To learn more about Bank Owned Foreclosures — Bank Owned Foreclosures Explained

 

SORRY NO PICS

ACTIVE  8.30.11                                11-541113

BEL AIR BANK OWNED FORECLOSURE – SINGLE FAMILY HOME – THREE BEDROOMS 2572 SQ FT COUNTRY CLUB LIVING

SOLD

3 BEDROOMS / 3 BATHS / 2572 SQ FT / 9174 SQ FT LOT
BEHIND THE GATES OF BEL AIR RIDGE
LIST PRICE $817,900 MAYBE OFFER $750,000 — ???????

All Bank Owned Properties are very active and although it is on the market as active today the status can change quickly. Contact me to learn how Bank Owned Real Estate is handled differently then regular Real Estate transactions and how it is all about timing.

“Bel Air Ridge”. Townhome featuring formal living and dining rooms with glass doors that lead to a private patio and tree top views. Separate family room adjacent to kitchen with breakfast bar and room for a breakfast area. Family room and kitchen have glass doors leading to courtyard entry with in-ground spa and garden planters. Master bedroom features its own viewing balcony with more tree top and hilltop views, a en suite bathroom with separate shower and oval garden tub. New interior paint
throughout Recessed lighting upgrades. Clubhouse, gym, pool, tennis, security patrol included with Home Owner’s Association.

CONTACT ME AT 310.505.5571 OR EMAIL; bob_schmalz@wlaregroup.com IF YOU WOULD LIKE THE FULL LISTING OR MAKE AN APPOINTMENT. THERE ARE MANY SHORT SALES THAT STAY ON THE MARKET A LONG TIME. I ONLY WORK WITH THE GOOD ONES… THEY GO FAST

SOLD 9.12.11                         11-110535

BUILDERS REPORT WILL INCREASE SANTA MONICA FORECLOSURES

I pointed out a few days ago that I joined in a Webinar given by a lrge Builders Association and the topic was distressed houses, Santa Monica Foreclosures, and the effect they were having on the “new housing starts”

The continuing plague of Santa Monica Houses that are considered distressed properties is feeding a cycle wherein distressed sales push prices downward, which creates more negative equity among homeowners. This in turn fuels more defaults and distressed sales.

The fist point I want to make is that if you are in that position call me 310.505.5571 or email bob_schmalz@wlaregroup.com. You should be going down two paths; try for the loan mod but be ready to have another choice.

The Santa Monica Foreclosures are very low compared to the West LA Real Estate Foreclosures that are on the market. However because of the cyclical path of negative media this could cause an increase in Santa Monica Foreclosures

If you are in the market to buy and are looking into the option of buying distressed homes you need an expert in the field, so contact me. I have distressed homes available in the Pacific Palisades, West LA and Bel Air to name a few communities in the West LA Real Estate Group’s marketing territory