cityliving

Burbank's newest "Hot Home" on the market! Check it out before it sells and it's gone forever

🚨”Hot Home" status alert🚨

Asking price is $1,099,000.

If you are interested in a private tour text me at 818-445-7953.

Check out the cheapest price per Sq. Ft. condo just listed in Covina

101 Henry Dr. Covina, CA 91722.

Price per Square Foot. - $292.50.

This is one of two units available for this uniquely designed floor plan.

Do you like the brick exterior?

Most expensive home to sell this week in Burbank - is it worth the price?

Here is the most expensive home to hit the market this week in Burbank.

The asking price is $1,199,000.

The property is close to the Magnolia Park area and has 2,284 sq. ft. of living space.

The lot is 6,747 sq ft.

Do you like the master bathroom?

You can NOW tour this Valley Village "Hot Home"

This beautiful Valley Village home is for sale at $1,425,000.

It has been deemed a "hot home", which means a lot of people are viewing this home online and marking it as one of the "favorites".

It will sell quickly.

Text me if you want a private tour at 818-445-7953.

Find out why this was the MOST expensive home to sell this week in LA

Asking price: $38,500,000

Sold price: $25,000,000

Tune in to hear my most difficult real estate transaction to date... it's not what you'd expect

It's very important to work with a lender that you trust AND has good communication skills.

During escrow, questions and issues will come up.

Your lender needs to be on top of things, resolve problems quickly, and communicate well so that escrow is as easy as possible for everyone involved.

Home buyers are required to sign a PEAD-V Form before touring a home

PEAD-V (Coronavirus Property Entry Advisory and Declaration - Visitor) forms are now required to be signed by anyone entering into a home that is on the market.

The form basically says the visitor does not have the coronavirus and that the visitor understands the health risks involved when entering into the for sale property.

Homeowners, in order to avoid a lawsuit, you want to make sure everyone who is going to tour your home signs this form before setting one foot on to your property.

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The purpose of a second pre-approval letter

When the listing agent asks you to get pre-approved with their lender, don't get upset.

Understand that getting that second approval is just part of the home buying process.

Most agents won't even ask you for that second approval, but us good listing agents will.

It's done to protect the sellers.

Just Sold!

In December 2018, I showed my clients this beautiful home. They fell in love with the property and I was able to facilitate the purchase for them at $1,075,000.

Just 8 months later, they unexpectedly had to put the home up for sale. We knew the market went up over the previous 8 months... but how much? We decided to list the home at $1,090,000. At our limited showing open house (2:00pm - 2:30pm), we had 25 buyers sign in. Each of those buyers brought a couple of friends/family members with them. We counted about 80 people that had lined up in the street outside the home. It looked like a block party!

In the end, we received 5 offers. After a fierce negotiating battle among the buyers, a wonderful family (my clients that I brought to tour the home), ended up winning the property. The selling price was $1,155,000. That's an $80,000 profit for the sellers in just 8 months!

Keep in mind, no remodeling had been done to the home over the 8 month period. My buyers said they saw my marketing video (OakmontWoods.com) and were intrigued by the back story I gave about the community. I am very happy all worked out for the sellers, and that I was able to bring another great family to the Oakmont Woods community.

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5 days before closing, lender denies the loan

This is my 8th real estate transaction over at 4610 Densmore Ave.

The buyers insisted on using their lender to purchase the condo... big mistake!

The lender failed to come through with the loan.

Luckily, I always have a back up plan.

Home just sold for $85k more than it was bought for only 8 months ago

I represented both the seller and buyer on this property!

The sellers are sad to see this property go, but they told me they are very happy with the outcome.

The buyers are thrilled to be moving into such a exclusive neighborhood.

I am happy both parties were able to successfully achieve their goal!

Daniel, what's the best deal in Burbank?

Quiet, upscale, and best of all... you can keep a horse in your backyard!

This home is located in one of the best areas in Burbank.

Because this property is a fixer-upper, it's great opportunity to get into this neighborhood at a major discount.

That's why this is my favorite home to come on to the Burbank market this week!

Now Hiring!

We are hiring a real estate agent assistant/project manager!

For more info visit https://contemporealtors.squarespace.com/hiring

Thanks!

Possession of your home must be turned over by 6pm.

The standard real estate purchase contract states that possession of a property from seller to buyer must be turned over by 6pm on the day escrow closes.

So even if you record, and close escrow at 8am in the morning, the seller is still allowed to remain at the property until 6pm.

Keep in mind a standard contract can be changed.

As long as the buyer and seller agree, the seller could stay in possession for days... months... years... the entire life of the seller... whatever is agreed upon.

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What happens as we get closer to escrow closing?

All of these events take place within 5 days of closing escrow on your property.

Since you know this will be a busy time, make sure you plan and request time off of work as soon as possible.