Westside Blog

Missy Improta discusses Bruce Norris and Market Conditions

by jasonimprota February 19, 2010 Calabasas Blog

Missy Improta discusses Bruce Norris and market conditions. Affordability is at an all time high right now in California and interest rates are at al all time low. The bulk of the subrime mortgage melt down has already taken place but there is another wave of option arms that are going to reset in the …

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Attention First Time Buyers!

by jasonimprota February 19, 2010 Calabasas Blog

Attention first time buyers. This one if for you. Low interest rates. Buyer incentives. All time high affordability in California. How long have you been waiting for the right time to buy?

Calabasas and Westside real estate and homes for sale

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Struggling Home Owners Have Options…

by jasonimprota February 19, 2010 Calabasas Blog

Unfortunately we are living in some difficult economic times. The housing market is struggling (to put it mildly) and unemployment has skyrocketed and is still rising. Countless homeowners are struggling to make their monthly mortgage payments or are upside down on their loan amounts. Things are tough and far too many people have faced or …

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The Year of the Short Sale

by jasonimprota February 18, 2010 Calabasas Blog

So 2010 seems to be shaping up to be the year of the short sale. Big US banks including Bank of America, Wells Fargo, JP Morgan Chase and Citigroup are turning to short sales to clear their books of troubled mortgage loans. Short sales are where homeowners settle their debts by selling their properties for …

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NEW LISTING!! – West Hollywood Income Property

by jasonimprota February 17, 2010 Westside Blog

Attention investors! Excellent owner-user opportunity for a 4-unit apartment building located in BEST part of West Hollywood, one block South of the Strip. Serious upside potential PLUS development opportunity for 6 units (check with City). Zoning WDR4. PLEASE DO NOT DISTURB TENANTS. Showings with accepted offer only.

Calabasas and Westside real estate and …

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Lingering Loan Mods

by jasonimprota February 16, 2010 Calabasas Blog

I just read an article about a gentleman, whose home mortgage was restructured by JPMorgan Chase & Co. after the recession cut into his small business.

This man was grateful that his payment dropped 25% but was perplexed that his “trial” modification had never become permanent, despite his having paid the lowered amount for 13 months. …

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Hot Property: Ashlee Simpson puts Beverly Hills compound up for sale

by jasonimprota February 15, 2010 Westside Blog

Singer-songwriter-actress Ashlee Simpson has listed a Mediterranean-style villa on a private street in Beverly Hills for $4 million. If you would like more details on this five bedroom and 6 1/2 bathroom home with 7,100 square feet of living space on more than half an acre, please feel free to contact us.

Simpson bought the property …

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Who Pays for What in a Transaction?

by jasonimprota February 15, 2010 Calabasas Blog

So I often get asked by both buyers and sellers. Who pays for what? What will my closing costs be? The answer to that can vary but there are costs that traditionally paid for by the seller and costs that are traditionally paid for by the buyer.

The SELLER Generally Pays:

Real estate …

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Keepin' it Real Estate?

by jasonimprota January 12, 2010 Calabasas Blog

In 2009 we were invited to participate in an MTV reality show called Daddy’s Girls. It was a spin off of the popular Run’s House. We were asked to assist the two stars Vannessa and Angela Simmons (daughters of Rev Run and nieces of Russel Simmons) in finding a new home as their new business …

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