Posted on January 9th, 2012 by Carlo Capomazza
That’s right: 4 of America’s 10 Richest Zips of 2011 are in California: No.10: Santa Monica’s 90402, No. 9: Los Alto’s 94022, No. 6 Los Angeles’ 90077, No. 5 Portola Valley’s 94028, No. 4 Beverly Hills’s 90210. Not a big surprise since key developments in the early 20th century included the emergence of Los Angeles [...]
Filed under: Commentary, Economy, Lifestyle, Real Estate Market, VRN | No Comments »
Posted on January 5th, 2012 by Carlo Capomazza
With 2012, state laws kick in on everything from immigration to shark fins being allowed to be in soup. State legislatures passed close to 40,000 new laws in 2011, and a number of those measures take effect on Jan. 1. On some issues, like immigration, state laws are taking markedly different stands. But here’s what’s cooking in California.
Filed under: Commentary, Current Events, LA Area, Politics, Relocating to LA, Tax Issues, Visiting LA, VRN | No Comments »
Posted on December 10th, 2011 by Jennifer Tan
Nominated by the agents of Sotheby’s International Realty® Sunset Brokerage, these are our “Hot Properties” for the week of December 7th till now, 2011. Call me at 3108881881 if you are interested in making an appointment to tour one of these well-priced listings. -Carlo Capomazza [...]
Filed under: For Sale, Hot Properties, LA Area, Luxury Properties, Moving, Real Estate Market, Relocating to LA, West Hollywood | No Comments »
Posted on October 2nd, 2011 by Carlo Capomazza
Nearly half of all owners with mortgages have at least 25% equity stakes in their properties, and about a quarter of owners with mortgages have more than 50% equity, a new study shows.
Filed under: Buying, Commentary, Economy, L.A. Times, LA Area, Luxury Properties, Real Estate Market, Relocating to LA, VRN | No Comments »
Posted on September 26th, 2011 by Carlo Capomazza
Real estate transactions sometimes fail; that’s life. When they do liquidated damages clauses can eliminate some of this complexity. Q&A?
Filed under: Buying, Commentary, Investor Words, Legal Advice in Common Scenarios, Real Estate Market, Selling, VRN | No Comments »
Posted on September 23rd, 2011 by Jennifer Tan
Nominated by the agents of Sotheby’s International Realty® Sunset Brokerage, these are our “Hot Properties” for the week of September 14th to September 21st, 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, Existing Home Sales, For Sale, Hot Properties, Jennifer Tan, LA Area, Making Home Affordable, Moving, Real Estate Market, Realtor, Relocating to LA, Selling, Short Sale, West Hollywood | No Comments »
Posted on September 23rd, 2011 by Carlo Capomazza
But behind the pomp and pageantry, Solyndra was rotting inside, hemorrhaging cash so quickly that within weeks of Mr. Obama’s visit, the company canceled plans to offer shares to the public. Barely a year later, Solyndra has become one of the administration’s most costly fumbles after the company declared bankruptcy, laid off 1,100 workers and was raided by F.B.I. agents seeking evidence of possible fraud.
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Posted on August 11th, 2011 by Carlo Capomazza
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 »
