Rich Kids Real Estate Blog

Hot Topics in Real Estate and LA Life

Category Archives: Sellers

Where Did All the Inventory Go?

June 11, 2009 – 12:39 pm

If you have been following my blog, I usually always have at least one or two Hot Prop, best buy properties listed each week. I like to post listings that run the pricing spectrum to accommodate all of my readers and buyers. Lately there have been a lot of cool new developments sprouting up in the $700K-$1,000,000 [...]

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The Mills Act - Save Money on Property Taxes

March 17, 2009 – 4:52 pm

Often times when you are reading about various properties on the market, there might be mention that the home/condo /duplex falls under the “Mills Act” or is located in an HPOZ (Historic Preservation Overlay Zone). What this basically means is that the city wants to preserve the architecture of a specific neighborhood or building and is willing to give you [...]

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Obama Launches ‘Making Home Affordable’ Plan

March 4, 2009 – 2:04 pm

Last week, I wrote an entry on the projected stimulus and stability plan that Obama had in the works (http://richkidsrealestate.com/blog/?p=117). Today, we finally have the beginning details of the program. Here’s the skinny:

The program is targeted towards responsible homeowners who are legitimitely struggling to make their housing payments.
The program is separated into two parts: Part [...]

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Stimulus and Stability Help for Homeowners

February 25, 2009 – 5:09 pm

Last week I blogged about the tax advantages that are now being offered to first time home buyers (http://richkidsrealestate.com/blog/?p=91). Today I want to give you a more detailed explanation to the program as well some information regarding Obama’s plan to stimulate the housing market and to help those in over their head with mortgage payments. [...]

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How to Price Your Home to Sell

February 10, 2009 – 11:52 am

As I have mentioned in the Selling section of my website (http://richkidsrealestate.com/sellers.php), pricing your home correctly is key if you want to make the strongest impact on the market and make as much money as you can on the sale of your home. I know your house has a better view than the Finklestein’s home [...]

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Steady Traffic at Sunday Open Houses

February 9, 2009 – 3:59 pm

This Sunday I braved the cold, wind, and rain (OK, it wasn’t that bad) to check out the vibe at Sunday open houses. I have to say that I was pleasantly surprised at what I saw. I previewed about 15 properties in different locations throughout Carthay/West Hollywood/Miracle Mile in the $899,000 to 2.5 price range. What [...]

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Economic Turnaround Projected by Wells Fargo

February 4, 2009 – 3:36 pm

Right now there are so many theories out there about the state of the economy. Some say we are at the bottom, others say we have a few months more to go before we hit the bottom and then things should start to get back to normal. Since none of us have crystal balls (well, except [...]

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How Does This Whole Real Estate Agent Thing Work?

February 2, 2009 – 1:12 pm

Since many of my clients are first time home buyers, I like to provide as much education as possible about the whole buying experience. I think there are some misconceptions about how working with an agent works. Here’s the skinny:

Agents are independent contractors and essentially business owners. We are paid solely on commission and do [...]

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Preparing Your Pad for an Open House…

January 31, 2009 – 12:31 pm

I love a beautiful day like today! The sun is shining, the weather is warm, and people are out doing the things they do on a Saturday! All and all, it’s a perfect day to hold an Open House! Although open houses are typically held on Sundays, sometimes I like to shake things up a [...]

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Welcome to Rich Kids Real Estate

January 29, 2009 – 12:55 pm

I want to start the first post of  the Rich Kids Real Estate Blog with a thank you for taking the time to check out my site! A lot of thought and work went into this to provide you with as much digestible information as possible when considering your next move. I hope you can stay [...]

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