Though December 31st 2011, I will donate $100 to the charity of your choice for any of your friends, relatives or co-workers that you refer to me who is interested either buying or selling a house, or a condo or income property in Los Angeles: from Silverlake, Los Feliz, Hollywood, or Hancock Park all the way to West Hollywood, Miracle Mile, Beverly Hills, and Century City to Westwood, Brentwood, or Santa Monica and the Palisades. And, I will also donate an additional $500 upon the successful … [Read more...]
In the spirit of the Holidays, Refer me a new client and I will donate $100 to the charity of your choice! and an additional $500 when the transaction closes!!
In the spirit of the Holidays, I will donate $100 to the charity of your choice!

From now though December 31st 2011, I will donate $100 to the charity of your choice for any of your friends or relatives that you refer to me who is interested either buying or selling a house, or a condo or income property in Los Angeles: from Silverlake, Los Feliz, Hollywood, or Hancock Park all the way to West Hollywood, Miracle Mile, Beverly Hills, and Century City to Westwood, Brentwood, or Santa Monica and the Palisades. And, I will also donate an additional $500 upon the successful … [Read more...]
Congress votes to reverse the loan limits! How this can help you buy a home in LA!

Congress Votes to Increase FHA Loan Limits Working in concert to meet a tight deadline, Congress and the White House have raised the FHA loan limit in high-cost real estate markets, making it easier to obtain an FHA loan on properties up to $729,750*. Following passing votes in the House of Representatives and Senate, President Obama signed HR 2112, the Consolidated and Further Continuing Appropriations Act of 2012, into law, renewing the expired higher loan limits for Federal Housing … [Read more...]
Just closed escrow today for a wonderful family!

I just closed escrow today representing a wonderful family who just bought a beautiful house in very cute neighborhood, near Fairfax and 8th street. It wasn't an easy deal but I couldn't be any happier for them! They are going to be very happy there! And I also just got a new listing contract signed today: a great 3bd house in Silverlake with its own music studio, and beautiful views of the Reservoir! It couldn't happen at a better time, on the eve on Rosh Hashana, so of course it's … [Read more...]
The Conforming Loan limits are about to be lowered! What does it mean for the housing market? What does it mean for the Los Angeles buyer?

What we are talking about here are the limits of the so-called "conforming loans". These are loans that are backed by Federal Government entities such as Fannie Mae, Freddie Mac, and the Federal Housing Administration (FHA) and which make up the majority of real estate loans in the US. Conforming loans offer lower percentage interest rates by approximately 1/4% to 3/4% and allow down payments below 20%, typically 10%. Back in 2008, when the American housing market was at its worse, Congress … [Read more...]
“There are so many real estate agents in this town, why should I only commit to one?”

This morning I got contacted by a new potential client who is about to embark on the important project of buying a new home in Los Angeles and she asked me the following question: "There are so many agents in this town, why should I only commit to one?" That's a fair question and this was my answer to her: Dear Stella, Thank you for your great question! Let me explain why you should work exclusively with only one real estate agent at a time: 99% of the properties that are on the … [Read more...]
Why use your own real estate agent and not the listing agent?

A new client asked me the following questions: Michel, now that we can access all the information that we need about properties for sale in Los Angeles, why should I use you as my agent? May I can call the seller's agent directly and get a better deal? what do you think? And tell me what is the risk if any? Well John, I am so glad you asked me that question, because I actually love answering it! ;) First of you have to understand how the payment of real estate commission process works. … [Read more...]
Thank you for attending my Real Estate Buyer Presentation!

Our first Real Estate Buyer presentation held at our brand new office on Sunset Blvd at the Directors Guild building was a great success!! Dorain Williams of Prospect Mortgage did a fantastic job at explain the current state of the lending market and many guest said they were happily surprise to learn that there are so many other options to obtain a loan, besides a 20% minimum down payment! The dozen guest who attended also learned a lot of very valuable information about the entire … [Read more...]
the 411 about the 405 closure….

The Mulholland Dr Bridge will be the third bridge demolished and reconstructed to accommodate the widening of the I-405 freeway and to add a northbound high-occupancy vehicle lane through the Sepulveda Pass. The Mulholland Dr Bridge is scheduled to be demolished and reconstructed after the Skirball Center Dr Bridge. When completed, the expanded, Mulholland Center Dr Bridge will be widened by approximately 10 feet and will be designed to the latest seismic standards. Demolition activities will … [Read more...]
Tips to prepare a house for selling…

Buyers' first impressions are set as they approach the house. Therefore, suggest to your clients that making their home more attractive and purchase-worthy starts in the front yard. To spruce up the yard: Make sure plants are of varied heights and sizes; add color, particularly pink, purple, blue and white flowers; thin out bushes; trim trees; and seed and fertilize the lawn. Put gravel in any thin strip of property between homes. This will make the space look cleaner and less neglected. … [Read more...]
