Obama was supposed to fix health care, but it seems like at every turn, it just gives us more headaches.

Filed under: Cartoon, Commentary, Current Events, Health Insurance, Real Estate Market, VRN | No Comments »

Weathervanes make the best Housewarming gifts ever!

Filed under: Decorating, LA Area, Lifestyle, VRN | No Comments »

Recently enacted California legislation, CCP §580(e), was originally intended to put individual short sale sellers of 1-4 units, with regard to deficiency issues, in the same position as foreclosed individuals by prohibiting lenders in first position from seeking a deficiency after the short sale had closed. Even more recently the deficiency protection for borrowers in this section has been expanded to include junior lien holders.

While at first glance this revision appears to aid homeowners, it could mean that junior lienholders may no longer approve short sales.

Filed under: Foreclosure, LA Area, Real Estate Market, Selling, Short Sale, Tax Issues, VRN | No Comments »

Mallorca Sotheby’s International Realty® Lists my Los Angeles client’s Majorican Village House as shown as Europe’s House of The Day in the WSJ online! This six-bedroom “señorial” house in a mountain village has been restored over the last two years by its owner, an Emmy-nominated director. See a Slideshow of the Mallorca Listing and and see the capture of the WSJ online post too.

Filed under: For Sale Abroad, Historic Property, Hot Properties, Luxury Properties, Selling, VRN | No Comments »

The Federal Reserve on Tuesday said that the risk of a downturn in the nation’s economy had increased, and that it was prepared to use additional policy tools, including extending its period of exceptionally low interest rates, until at least 2013.

Filed under: Current Events, Current Mortgage Rates, Economy, Mortgage Rates, VRN | No Comments »

Hyper partisanship and the messy battle to raise the debt limit has caused the approval ratings of Congress to sink. A recent CBS News/New York Times poll even had the disapproval rating of Congress at 82 percent, the highest in decades.

Filed under: Cartoon, Commentary, Economy, Fannie Mae, Humor, Politics, VRN | No Comments »

Nominated by the agents of Sotheby’s International Realty® Sunset Brokerage, these are our “Hot Properties” for the week of July 27th to August 3rd, 2011. Are they available this week for appointments by interested buyers? If you’re looking, I sure hope so. Call me at 3108881881 -Carlo.

Filed under: Buying, Commentary, For Sale, Hot Properties, Jennifer Tan, Selling, VRN | No Comments »

Here are the last couple weeks of Hot Properties for July as recommended by Sotheby’s Agents from our weekly caravans through homes. Enjoy!

Filed under: Buying, For Sale, Hot Properties, Jennifer Tan, LA Area, Luxury Properties, Relocating to LA, Selling, VRN, West Hollywood | No Comments »