Statement of Information

For those of you that work in real estate, make sure that you have the S.I. (Statement of information) cehcked by the title company as soon as escrow begins or, better yet, shortly after having a listing agreement signed by a seller or when you begin to help a new buyer search for a home. This will save you a lot of trouble down the road. Most agents wait until they are at the closing table with the client to process the S.I. — what a mistake. So many problems and stress can be prevented if we simply took care of this early in the process.

Home sellers:
Hire a real estate broker that will provide you with exceptional customer service and help you avoid major problems with your real estate transaction.

 

Nicolas Romo

Real Estate Broker

CalBRE 01787685

(800) 659-4610 #102

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Downtown Los Angeles Condos For Sale

DTLA-LOFTS-AND-CONDOS-FOR-SALE

Purchasing a downtown Los Angeles condo has never been more exciting and promising than today.

Downtown Los Angeles has been undergoing and — is continuing — to experience major positive changes.  Aside from shopping, restaurants, bars, coffee shops, improvements to transportation, and so on….many condos and lofts are being built throughout the entire Downtown Los Angeles Area.

Neighborhoods have become safer to walk your dog or go for a jog. Without a doubt, the future of downtown Los Angeles continues to appear brighter and brighter each day.

So, if you’re thinking about buying a condo or loft in downtown Los Angeles, this is the perfect time to do so. Downtown Los Angeles offers a fun and safe place to live, work, and play.

The following link contains all of the condos and lofts th...

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7738 Pickering Ave Whittier CA

 

7738 pickering

 

Features:

  • 3 bedrooms
  • 2 baths
  • 1,654 SF
  • 6,834 Lot
  • Completely Renovated
  • Custom kitchen cabinets
  • Wood flooring
  • Stainless steel appliances
  • Copper plumbing
  • Dual pane windows
  • Much more…

For more information or for a private viewing, contact:

Realty Connection Group

800-659-4610

8050 Florence Ave. 109

Downey, CA 90240

 

 

Listing Courtesy of:

Realty One Group, Linda Yao

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Downey Real Estate Market

downey real estate marketAs a real estate broker, “How is the real estate market?” is the most common question that I am asked.

Answering that question is not always easy because real estate market conditions vary across the nation, states, cities, zip codes, neighborhoods, and sometimes even from one street to the next. Put simply, real estate is local. So, depending on where you want to move or sell, the real estate market will always differ from other cities, zip codes, etc. Further, the real estate market can be either be a sellers market, buyers market, or a balanced market.

The real estate market is a force that is constantly changing. Every market is different. Therefore, it is crucial for buyers and sellers to understand each market so that they can benefit most from buying and selling.

Below you will f...

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What is a 1031 Tax Deferred Exchange

What is a 1031 Exchange?

what is a 1031 exchangeDo you own investment property such as a single family home, duplex, triplex or multiple units that you would like to sell to re-invest the proceeds into another investment property, but you would like to invest the total funds of the sale without having to pay capital gain taxes?

If so, a 1031 tax deferred exchange is your solution.

With a 1031 tax deferred exchange, you can sell an investment property and re-invest all of the proceeds into another investment property without having to pay capital gain taxes.

Here’s how a 1031 tax deferred exchange works:

  • The new investment purchase must be of equal or greater value.
  • The purchase cannot be a second home or primary residence.
  • The investment purchase can be a single family home, residential units, land, commercial...
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What is my home worth

Are you asking yourself, “What is my home worth?” To find out what is your home worth and to receive a detailed report of the estimated value of your home, please click on the link below and enter your home address.

You will instantly be emailed a detailed and personalized Comparative Market Analysis (CMA) on your home, which includes information from the local multiple listing service (MLS) with the most recent closed sales in your area.

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Can A Home Buyer Pay More Than Market Value

Can a home buyer pay more than market value for a home? Real estate broker Nicolas Romo from Realty Connection Group answers this questions in this brief video. To watch the video, please visit:

If you want to find out what your home is worth, please visit:

www.HomePricesInPasadena.com

Or, you can call us at (800) 659-4610

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Mortgage Interest Rates

As of September 17, 2014, the mortgage interest rates rose for the 3rd straight month.  It is not uncommon for mortgage interest rates to rise when the Federal Reserve is scheduled to meet.

At any rate, mortgage interest rates remain historically relatively low.

Weekly national mortgage survey

Results of Bankrate.com’s Sept. 17, 2014, weekly national survey of large lenders and the effect on monthly payments for a $165,000 loan:
30-year fixed 15-year fixed 5-year ARM
This week’s rate: 4.33 3.46 3.35
Change from last week: +0.06 +0.04 +0.06
Monthly payment: $819.45 $1,176.32 $727.18
Change from last week: +$5.82 +$3.24 +$5.46

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