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

 
 

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Real Estate Owned

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

2011/09/02 – 5:07 pm

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

By Bob | Also posted in Beverly Hills, Beverly Hills Condo, Beverly Hills Foreclosure, Beverly Hills Lender Owned, Beverly Hills Real Estate, Beverly Hills REO, Foreclosure Condos, foreclosure property, Foreclosures, real estate, real estate condo, real estate condominium, real estate for sale, Real Estate Investment, real estate license, real estate listings, Real Estate Opportunity | Comments (0)

What Does An “Arms Length Transaction” Really Mean ?

2011/01/10 – 9:36 am

In the last few weeks I have been approached by a few potential clients/sellers asking me to be their broker they all had one thing in common, when I got more information they all had the buyers already lined up. All these buyers also had something in common, they either were a friend, business partner or relative. Finally they had the big in common— they were all trying to commit a fraud involving a short sale. Needless to say being a licensed Broker this is not a good thing.  Not only is it a very bad thing I could loose my license or worse. This is called “ NOT BEING” an Arms Length Transaction.

There are a few reasons that you should be aware of exactly what this entails, you may be approached by a friend or a relative offering you quick cash on a deal with no down size or you mat be entertaining the thought to get out of a financial hardship. Whatever the reason don’t, the down side is huge and easy to get caught.

Transactions that must be at “Arms Length” are not limited to short sales but in the article I am posting it is the main issue. In today’s Real Estate market Short Sales are a big part so this practice of trying to beat the system is in front of us all.

Here is the link you can read or download.  WHAT IS AN ARMS LENGTH TRANSACTION?

If you have any questions about distressed properties or you would like to list or buy a short sale give me a call 310.505.5571 or email at bob_schmalz@wlaregroup.com

Bob

By Bob | Also posted in Blog, buy foreclosure, buy my house, buyers agent, buyers market, buying, buying a foreclosed, buying a foreclosure, buying advice, buying agent, buying foreclosed homes, buying foreclosures, buying houses, buying market, buying real estate, buying short sale condos, buying short sales, Disteressed Houses, distressed Condo, Distressed Real Estate, distressed Town House, economy, real estate, real estate broker, real estate for sale, Real Estate Investment, real estate license, real estate listings, Real Estate Search Engines, Real Estate Value, real estates, Realtor Website, Realtor Websites, REO, short pay, Short Sale, Short Sale Buyer, Short Sale Documents, Short Sale Facts, Short Sale Seller, Short Sale Tax, Short Sales, Short Sales Facts, Short Sales Selling | Comments (9)

BANK OWNED FORECLOSURE – 2 BDRM CONDO IN SANTA MONICA – UNDER $500,000

2011/01/04 – 9:48 am

SOLD*SOLD

TWO BEDROOM / TWO BATHS / 1000+ SQ FT
LAUNDARY IN UNIT – 2 CAR PARKING
ON THE MARKET LESS THAN A MONTH
LIST PRICE $499,990

I think this could be bought for under $475,000

SOLD * SOLD

The market is changing and you will see less and less condos going for under $500K in Santa Monica. Well maintained Unit with wood floors on main level, granite kitchen counters, stainless steel appliances, patio area, built-in closets, laundry inside, storage room, tandem parking.

To get the full listing or to make an appointment to see this great value for downsizing or first time buyers call me at 310.505.5571 or email bob_schmalz@wlaregroup.com

SOLD 3.10.11                       10-714595

By Bob | Also posted in Bank, bank foreclosure, bank foreclosures, Bank Loan, Bank Mortgage, Bank Owned, Bank Owned Condo, Bank Owned Condominium, Bank Owned Real Estate, Bank Owned Santa Monica, Bank Owned Santa Monica Condo, bank properties, condo, condo bank owned, condo for sale, condo foreclosure, Condo in Santa Monica, Condo Santa Monica, condominium, distressed Condo, Distressed Real Estate, distressed Town House, Foreclosure Condos, real estate, real estate broker, real estate condo, real estate condominium, real estate for sale, real estate listings, Real Estate Search Engines, Real Estate Value, real estates, Santa Monica, Santa Monica Bank Owned, Santa Monica Bank Owned Condo, Santa Monica Condo, Santa Monica Condos For Sale, Santa Monica Foreclosure, Santa Monica Foreclosure Condo, Santa Monica Real Estate, Santa Monica Town Homes, Santa Monica Townhouse | Comments (0)

BANK OWNED FORECLOSURE- WESTWOOD– 3 BEDROOM CONDO – ALMOST 1800 SQ FT / $40K PRICE REDUCTION

2010/12/13 – 10:48 am

SOLD**SOLD**SOLD

3 BEDROOMS / 2 ½ BATHS/ 1800 SQ FT CONDO
LOWERED PRICE $40,000

LIST PRICE $618,900

COME IN WITH THE FIRST OFFER $525,000????????????

HIGH QUALITY FIRST FLOOR UNIT WITH TOP OF THE LINE FINISHES THROUGHOUT. THIS UNIT FEATURES CONTEMPORARY ITALIAN TILES AND BEAUTIFUL HARDWOOD FLOORS THROUGHOUT. LOCATED ON THE END, THIS UNIT IS VERY PRIVATE. THE MASTER BEDROOM FEATURES 2 LARGE CLOSETS, A PRIVATE BATH WITH A LARGE OPEN SHOWER!

QUESTIONS ABOUT BANK OWNED PROPERTIES??? – FACTS ABOUT REAL ESTATE OWNED PROEPRTIES

Please call 310.505.5571 or email bob_schmalz@wlaregroup.com to get the complete listing or to set up a meeting to see property.

PENDING 3.10.11                                           10-939184

By Bob | Also posted in Bank, bank foreclosure, bank foreclosures, Bank Loan, Bank Mortgage, Bank Owned, Bank Owned Condo, Bank Owned Condominium, Bank Owned Real Estate, Bank Owned Westwood, bank properties, bankruptcy debt, foreclosed real estate, forecloser, foreclosing, Foreclosure, foreclosure condo, foreclosure condominium, Foreclosure Condos, foreclosure property, Foreclosures, Foreclosures Westwood, real estate, real estate broker, real estate condo, real estate condominium, real estate for sale, Real Estate Investment, real estate license, real estate listings, Realtor Website, Realtor Websites, REO, REO Condo, Westwood, Westwood Condo | Comments (0)

BANK OWNED FORECLOSURE- BEL AIRE / BRENTWOOD – SINGLE AMILY HOME – 2000 SQ FT ON A 17000 SQ FT LOT

2010/11/27 – 3:28 pm

SOLD

2 BEDROOMS / 2 BATHS/ 2000 SQ FT HOME ON A 17000 SQ FT LOT

LIST PRICE $1,049,000 $999,000

$50,000 Price Reduction

Spacious two bedroom, two bath cozy Bel Air home tucked away on a quiet street. Beautiful refinished hardwood floors, fabulous travertine fireplace with custom mural backsplash, base molding throughout, custom kitchen cabinets, and brick fireplace .French doors open from living room to backyard. Large private side yard perfect for entertaining. Over sized master bath equip with his and her sinks and spa tub. Ready to move in!

Please call 310.505.5571 or email bob_schmalz@wlaregroup.com to get the complete listing or to set up a meeting to see property.

SOLD 9.12.11                                                         10-754684

By Bob | Also posted in Bank, bank foreclosure, bank foreclosures, Bank Loan, Bank Mortgage, Bank Owned, Bank Owned Brentwood Home, Bank Owned Brentwood House, Bank Owned Real Estate, bank properties, foreclosed houses for, foreclosed real estate, forecloser, foreclosing, Foreclosure, Foreclosure Homes, foreclosure property, Foreclosure West LA, Foreclosures, Foreclosures Beverlwood, Foreclosures West LA, home buyer, home buyer programs, home buyers, home buying negotiations, home foreclosure, home mortgage, Homes for sale, homes in brentwood, house, house foreclosure, houses, houses for sale, Houses in Brentwood, how to buy a home, how to buy foreclosed, real estate, real estate broker, real estate for sale, Real Estate Investment, real estate license, real estate listings, Real Estate Search Engines, Real Estate Value, real estates, Realtor Website, Realtor Websites | Comments (0)

BANK OWNED FORECLOSURE – MAR VISTA – SINGLE FAMILY HOME – 5 BEDROOM – 4000 SQ FT — BUILT IN 2007

2010/11/24 – 6:24 pm

SOLD ***$1,550,000*** SOLD

5 BEDROOM / 4 ½ BATHS/ 4000 SQ FT HOME ON 6000 SQ FT LOT
1 BLOCK FROM MAR VISTA RECREATION CENTER, FANTASTIC MAR VISTA SCHOOLS

LIST PRICE $1,530,000 BUILT IN 2007 —- $386 PER SQ FT – FOR A NEW HOME

3 year old home in great neighborhood. The beautifully landscaped front yard invites you in through the large wooden front door into the entry hall. Inside this contemporary 5 Bedroom / 4.5 Bath home you will find gorgeous touches like dark hardwood floors, arched doorways, stone bathrooms with gorgeous tile work, recessed lighting and lots of built ins. The state of the art kitchen features a large center island, tile backsplash and stainless steel Viking appliances. The large master suite features a vaulted ceiling, separate sitting room and spa like bathroom that make this a true retreat. This home is not to be missed!

Please call 310.505.5571 or email bob_schmalz@wlaregroup.comto get the complete listing or to set up a viewing

Active 11.24.10                            10-578984

 

By Bob | Also posted in Bank, bank foreclosure, bank foreclosures, Bank Owned, Bank Owned Real Estate, Bank Owned West LA, bank properties, foreclosing, Foreclosure, Foreclosure Homes, Foreclosure West LA, Foreclosures, Foreclosures West LA, Mar Vista, mar vista home, mar vista homes, Mar Vista House Foreclosure, mar vista houses, mar vista school, real estate, real estate broker, real estate for sale, real estates, Realtor Homes For Sale, REO, REO Homes, REO House, REO House West LA, REO Mar Vista | Comments (0)