Saturday, November 27, 2010

Short Sale FAQ's-How Much Will I pay To Sell My Home

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Short Sale FAQ's-How Much Will I pay To Sell My Home-If I do aShort Sale, how much will I have to pay to sell my home? In most cases, you will not pay any sales costs if your Lender approves the Short Sale. All commissions, title and escrow fees, and some repair expenses are paid by the Lender, Investor or Mortgage Insurance company, if applicable, as part of the Short Sale approval.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoidforeclosure foreclosure and how your options will affect your credit, including Short Sellingyour home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Short Sale FAQ's-Can I receive cash from a Short Sale?

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Short Sale FAQ's-Can I receive cash from a Short Sale? No, Home Short Sales are only designed to get you out of your mortgage debt rather than going through the entire foreclosure process. It is not a refinance option and you will be vacating the property, as you would, if you were going through foreclosure.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoidforeclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Short Sale FAQ's-Why Would My Lender Accept Less?

question markShort Sale FAQ's-Why would my lender accept less than what is owed on my mortgage? Lenders are in business to lend money, not to own real estate. They do not want the expense of the foreclosure process and/or the holding and maintaining of the property if it does not sell at foreclosure. The foreclosure process is very expensive and time consuming, so many lenders will agree to what seems a loss on the mortgage when they will actually save money by not completing the foreclosure and holding the property in their portfolio.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoid foreclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Short Sale FAQ's-What Is a Home Short Sale?

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Short Sale FAQ's-What is a Short Sale? A Home Short Sales is the sale of a home when the net proceeds do not fully pay off the existing mortgage loan(s) and the Lender is willing to accept a discounted payoff. The closing costs that are typically paid by the Seller are paid out of the proceeds from the sale, including but not limited to, commissions, escrow and title fees and any negotiated Buyer’s cost. Your home is sold and you avoid foreclosure.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoid foreclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Homes For Sale Pasadena Ca-Search By Price Range

Bridge in Pasadena

Homes For Sale Pasadena Ca-Search By Price Range-Search Homes For Sale In Pasadena by Price range. Once you are in t he search, you can narrow down your criteria based on: Bedrooms, baths,location and much more. You can search by Zip Code, Neighborhood or Map. This is your direct access to the MLS and all homes that are available right now in each price range.

Happy Home Hunting!

Homes For Sale Pasadena-$300-$400K
Homes For Sale Pasadena-$400-$500K

Homes For Sale Pasadena-$500-$600K

Homes For Sale Pasadena-$600-$700K
Homes For Sale Pasadena-$700-$800K
Homes For Sale Pasadena-$800-$900K
Homes For Sale Pasadena-$900K +


Copyright © 2010 By Stephen Munson,Munson Realty –Homes For Sale Pasadena ca*Homes For Sale Pasadena Ca-Search By Price Range*

Friday, November 26, 2010

Toluca Lake-Homes For Sale

Bridge in Pasadena

Toluca Lake is a district, 12 miles (19 km) north of downtown Los Angeles, in the San Fernando Valley region of the city of Los Angeles, California, and a "community within two communities, North Hollywood and Burbank" Toluca Lake started out as Forman Toluca Ranch, a ranch known for its crops of peaches, apples and walnuts, but after development is currently home to affluent residents, many of whom work as part of nearby Hollywood's film industry.

Search Toluca Lake Homes For Sale

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Patys diner

Copyright © 2010 By Stephen Munson-Munson Realty –Homes In Los Angeles For Sale*Tolcua Lake-Area Information and Homes For Sale*

Homes For Sale Pasadena Ca- SOLD -Spanish Style With Original Charm

SUPER HERO REALOR CHARACTER HOLDING SOLD SIGNHomes For Sale Pasadena Ca- SOLD TODAY-Updated Spanish Style With Original Charm
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$359,000
Single Family Home
Main Features
3 Bedrooms
2 Bathrooms
Interior: 1220 sqft
Lot: 5,400 sqft
Location
Newport Ave
Pasadena, CA 91103
USA

Homes In Los Angeles For Sale- Villa in Culver City

Homes In Los Angeles For Sale- Villa Style Living in Trendy Culver City Neighborhood (Alternate Link For unsupported Browsers)


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$879,000
Single Family Home
Main Features
3 Bedrooms
4 Bathrooms
Interior: 2320 sqft
Location
4128 LINCOLN AVE
Culver City, CA 90232
USA

Homes In Los Angeles For Sale- Studio City Property Search-

describe the imageHomes In Los Angeles For Sale- Studio City Property Search-Studio City is located in the southeast San Fernando Valley. Highway 101 is the major freeway linking the area to Hollywood and the western valley. Access to other parts of the city is also provided by Laurel Canyon Blvd, Coldwater Canyon and Ventura/Cahuenga Boulevards. Ventura Boulevard is where the bulk of its commercial activity resides.

Studio City earned its name in the 1920s when Mack Sennett moved his studios from a neighborhood known as Edendale (near modern Echo Park) to a property near Colfax Avenue and Ventura Boulevard. His sound stages, Mack Sennett Studios, were later renamed Mascot Pictures Studios, Republic Pictures Studios, MTM Enterprises Studios and today are known as the CBS Radford Studios. Some residents wanted the town to be named Laurelwood, but the Chamber of Commerce pushed for Studio City to please the studios.

Search Homes For Sale In Studio City(click this link for browsers that don't support IFRAME)

Copyright © 2010 By Stephen Munson-Munson Realty –Homes In Los Angeles For Sale*Homes In Los Angeles For Sale- Studio City Property Search*

Homes In Los Angeles For Sale- Neighborhood Information

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studio city sign

Studio City is located in the southeast San Fernando Valley. Highway 101 is the major freeway linking the area to Hollywood and the western valleyStudio City is located in the southeast San Fernando Valley. Highway 101 is the major freeway linking the area to Hollywood and the western valley Read More

homes for sale toluca lake californiaToluca Lake is a district, 12 miles (19 km) north of downtown Los Angeles, in the San Fernando Valley region of the city of Los Angeles, California, and a "community within two communities Read more


burbank MarriotBurbank is home to many employees of the motion picture and television studios located in the area who are attracted by Read more



Bridge in PasadenaPasadena California-Pasadena is the seventh largest city in Los Angeles County and is probably most Famous for hosting the annual Rose BowlRead more

Copyright © 2010 By Stephen Munson-Munson Realty –Homes In Los Angeles For Sale*Homes In Los Angeles For Sale- Nieghborhood Information*

Home Styles | Photos of the Different Home Styles in Los Angeles

Home Styles | Photos of the Different Home Styles in Los Angeles-On this page, you will find an array of photos displaying different Home Styles or Home Architecture you will find throughout Los Angeles.This page contains some classic examples of Craftsman, Tudor. Spanish and Mediterranean style architecture (and a few hybrids as well). If you are a garden and landscape lover, there are some wonderful examples in almost every front yard. Of course there are many more examples of these and other styles of homes and buildings for that matter throughout Los Angeles not yet featured here. Please check back as we continually update our Home Styles and Home Architecture Photos.

For More Information and Photos on Home Styles in Los Angles, Follow This Link. Copyright © 2010 By Stephen Munson,Munson Realty –Homes For Sale Pasadena ca*Home Styles | Photos of the Different Home Styles in Los Angeles*

Homes In Los Angeles For Sale- Burbank Ca Area Information-

burbank MarriotHomes In Los Angeles For Sale- Burbank Ca Area Information-Burbank is home to many employees of the motion picture and television studios located in the area who are attracted by the relative safety and security offered by its own police and fire departments, highly rated schools and hospital. Other reasons cited are its small-town feel while located only 10 minutes away by car to the hip clubs and restaurants of Hollywood. The Intersection of Olive and San Fernando Road in Burbank, CA Residents enjoy the music of the Burbank Philharmonic Orchestra, the Los Angeles Equestrian Center, the Starlight Bowl, fine restaurants, the city's Downtown Burbank Mall, a burgeoning "Burbank Village" shopping district, and many theatres, parks, and libraries. Visitors to Burbank are attracted to the Warner Bros. Studio VIP tour and close proximity to all other entertainments and attractions that Los Angeles offers.

Homes In Los Angeles For Sale-Burbank Ca Property Search-

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Copyright © 2010 By Stephen Munson-Munson Realty –Homes In Los Angeles For Sale*Homes In Los Angeles For Sale-Burbank Ca Area Information*

Homes For Sale Pasadena Ca- SOLD-Updated Spanish Style With Original Charm

Homes For Sale Pasadena Ca- SOLD TODAY-Updated Spanish Style With Original Charm

Overview
Maps
Photos
Description
Neighborhood
Market Stats


















$359,000
Single Family Home
Main Features
3 Bedrooms
2 Bathrooms
Interior: 1220 sqft
Lot: 5,400 sqft
Location
Newport Ave
Pasadena, CA 91103
USA

Toluca Lake-Area Information and Photos

banner with hollywood,pasadena,LAX

Toluca Lake-Area Information and Photos-Toluca Lake is a district, 12 miles (19 km) north of downtown Los Angeles, in the San Fernando Valley region of the city of Los Angeles, California, and a "community within two communities, North Hollywood and Burbank" Toluca Lake started out as Forman Toluca Ranch, a ranch known for its crops of peaches, apples and walnuts, but after development is currently home to affluent residents, many of whom work as part of nearby Hollywood's film industry.

Patys diner

Copyright © 2010 By Stephen Munson-Munson Realty –Homes In Los Angeles For Sale*Toluca Lake-Area Information and Photos*

Homes For Sale Pasadena Ca- SOLD-Updated Spanish Style With Original Charm

Homes For Sale Pasadena Ca- SOLD TODAY-Updated Spanish Style With Original Charm

Overview
Maps
Photos
Description
Neighborhood
Market Stats


















$359,000
Single Family Home
Main Features
3 Bedrooms
2 Bathrooms
Interior: 1220 sqft
Lot: 5,400 sqft
Location
Newport Ave
Pasadena, CA 91103
USA

Homes For Sale Pasadena CA-Cash is NOT Always King!

Homes For Sale Pasadena CA-Cash is NOT Always King! About 3 years ago when the market took a turn south, I started to encounter many "all cash" buyers who were ready to JUMP on the deals! And in the beginning, when financing seemed to "freeze" a bit and buyers "dried up", Cash Was King!. But that "freeze" didn't last long and there are still some buyers who think Cash Is King.

Well, yes and no..

I would like to give my opinion of when I think "Cash Is and Is NOT King".

Cash Is King When:

  • You are in a Multiple Offer situation and all offers being equal-yours is cash (there may be a little wiggle room, but not much"
  • Property doesn't qualify for financing because of condition
  • There is no financing or high interest rates.(not the case in today's market)
  • If seller has no other offers on the table.
  • Some Foreclosures.

Cash Is NOT King when:

  • Property is priced at market value and there are multiple offers.
  • People can still get loans at 3-3.5% down (FHA-Homepath). These folks are willing to higher in the purchase price (assuming the property will appraise).
  • You are Low Balling offers on a property that is clearly worth more.
  • There is still an old mind set that Cash Is Always King. The bottom line is that it is some times true, but only when there is no other financing available. The exception to that is a very desperate seller who MUST close in a few days.

So while I understand the need to get the best deal possible (who doesn't want a good deal), go ahead and test the waters with your initial offer, but be prepared to come up in price if this is a home you really want. And...if you are in a multiple offer situation, be ready to put your best foot forward because many sellers would prefer to wait the extra 15 days to get a stronger sales price from a conventional buyer. Wouldn't you?

Copyright © 2010 By Stephen Munson,Munson Realty –Homes For Sale Pasadena ca*Homes For Sale Pasadea CACash is NOT Always King!*

Homes For Sale Pasadena Ca- Fixer Upper- Built in 1902

Homes For Sale Pasadena Ca- Fixer Upper- Built in 1902-(Alternate Link For Unsuported Browsers)


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$279,000
Single Family Home
Main Features
3 Bedrooms
1 Bathroom
Interior: 1089 sqft
Location
411 East Mountain Street
Pasadena, CA 91104
USA

Homes For Sale Pasadena Ca-Home Search

Homes For Sale Pasadena Ca-Pasadena is the seventh largest city in Los Angeles County and is probably most Famous for hosting the annual Rose Bowl football game and Tournament of Roses Parade (slated to change to: Rose Parade, Presented by Honda.), Pasadena is the home of many leading scientific and cultural institutions, including the California Institute of Technology (Caltech), Pasadena City College (PCC), NASA's Jet Propulsion Laboratory (JPL), Art Center College of Design, the Pasadena Playhouse, California School of Culinary Arts Pasadena, the Norton Simon Museum of Art and the Pacific Asia Museum. It is one of the main cultural centers of the San Gabriel Valley and is the setting of many TV shows including Brothers & Sisters and The Big Bang Theory.

Pasadena Ca is also notorious for its Shopping and dining including: Old Pasadena, Paseo Colorado, The Rose Bowl Flea Market and The South Lake district.

It’s unique neighborhoods include: Old Pasadena, Garfield Heights, Bungalow Heaven, Hastings Ranch, South Pasadena and many more. In these neighborhoods you will find many classic examplesHome Styles including:Craftsman, Tudor. Spanish and Mediterranean style architecture.

Homes For Sale Pasadena Ca

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Copyright © 2010 By Stephen Munson,Munson Realty –Homes For Sale Pasadena ca*Homes For Sale Pasadena Ca*

First Time Home Buyer Testimonial- Craftsman in Pasadena-Under $400K

First Time Home Buyer Testimonial- Manny Buys A Craftsman in Pasadena-Under $400K-Manny knew exactly what he wanted, and in less than 3 weeks we found a beautiful Craftsman in Pasadena well under his budget. The home inspection uncovered a few issues but the seller was more than happy to fix everything and Manny walked into his first home with piece of mind. Thanks Manny!

Here's what he had to say...

Stephen helped me purchase my first home in Pasadena and I have to say he was amazing! I was very frightened to move forward with anything related to home buying and Stephen made the process easy to understand and stress free. He is very patient and knowledgeable; I have to say that I am very satisfied with my experience and welcome other people who have never purchased a home to work with Stephen. Thanks to him I finally feel that I have made my dream come true! Thanks Stephen!!! Manny C.

Here's photos of his home as it was listed...

More Client Testimonials

Copyright © 2010 By Stephen Munson,Munson Realty –Homes For Sale Pasadena ca*First Time Home Buyer Testimonial- Manny Buys A Craftsman in Pasadena-Under $400K*