With the year coming to an end... There are a lot of new developments looking to sell off their units before the end of the year. This is great news for you that are looking to buy!
443 N. Palm Drive in Beverly Hills only has a few units left and is by far one of the best new construction buildings to be built in Beverly Hills in quite some time.
8265 Fountain offers a great Eco-Friendly mix of luxurious modern condos central to Dining, Shopping & Nightlife. Luminaire West Hollywood is selling out fast and rightfully so. The units offer amazing fit and finish and the location is outstanding.
Heading to the West Side there is the Amherst Villas, Federal Villas & Westgate Flats clearing out what they can by the end of the year too. They are priced well but we always work to negotiate the best price for our buyers.
Cash is king but there is still time to obtain financing! Call (310) 623-0289 today for a showing!
Monday, November 30, 2009
Thursday, November 12, 2009
Crazy Deals in Condos!
There is no doubt we are in a buyers market. But, there are some deals out there that are definitely worth mentioning to those of you who are looking for a trophy property or maybe a great investment.
Century Woods Estates is one of the most exclusive low rise developments in Century City. This small enclave of spacious condominiums and enormous mansions is owned by Royalty and Hollywood A-list celebrities a like. This development is truly a hidden gem in the city. Currently there is a unit for sale for only $900k! Prices here range from 1.3 mil to 7.5 mil and because of the caliber of homeowner here units rarely come on the market at a fire sell price!
Century Park East is undergoing a much needed massive renovation and there are several 2 bedrooms available at rock bottom pricing! Market conditions as well as the condition of the building have brought the values down to record lows. After the renovation is complete, these units will gain instant equity in an already much desired building and location.
Heading a little further East to the border of Beverly Hills and the Sunset Strip there is a $360k 1 bedroom foreclosure at the Plaza Towers on Doheny Dr. The Plaza Towers is also finalizing plans for a massive renovation. This building is one of the few high rises in the area built as condominiums and boasts one of the best roof top pools. Values are sure to increase after the building completes their upgrades.
Finally, at the other end of the Sunset Strip is the Westview Towers. Currently a homeowner is unloading 4 of their units at historically low prices! This building recently completed renovation of the pool area giving it a more modern feeling to reflect the upgrades recently done inside the building. This is definitely the time to grab one of these units as a great rental property, Pied-à-terre or residence!
If you, or anyone you know would like to take a look at any of the properties in this article contact us today at (310) 623-0289.
Buyers without agents only please!
Century Woods Estates is one of the most exclusive low rise developments in Century City. This small enclave of spacious condominiums and enormous mansions is owned by Royalty and Hollywood A-list celebrities a like. This development is truly a hidden gem in the city. Currently there is a unit for sale for only $900k! Prices here range from 1.3 mil to 7.5 mil and because of the caliber of homeowner here units rarely come on the market at a fire sell price!
Century Park East is undergoing a much needed massive renovation and there are several 2 bedrooms available at rock bottom pricing! Market conditions as well as the condition of the building have brought the values down to record lows. After the renovation is complete, these units will gain instant equity in an already much desired building and location.
Heading a little further East to the border of Beverly Hills and the Sunset Strip there is a $360k 1 bedroom foreclosure at the Plaza Towers on Doheny Dr. The Plaza Towers is also finalizing plans for a massive renovation. This building is one of the few high rises in the area built as condominiums and boasts one of the best roof top pools. Values are sure to increase after the building completes their upgrades.
Finally, at the other end of the Sunset Strip is the Westview Towers. Currently a homeowner is unloading 4 of their units at historically low prices! This building recently completed renovation of the pool area giving it a more modern feeling to reflect the upgrades recently done inside the building. This is definitely the time to grab one of these units as a great rental property, Pied-à-terre or residence!
If you, or anyone you know would like to take a look at any of the properties in this article contact us today at (310) 623-0289.
Buyers without agents only please!
Friday, November 6, 2009
Homebuyer Tax Credit Extended!
President Obama signed an extension and expansion of the first-time homebuyers tax credit today!
The $8,000 credit was scheduled to expire on December 1st, but will now be in effect through the end of June 2010. Homebuyers must sign a contract before April 30 and close by June 30 2010 to qualify. The income limits were also raised. Single buyers can now earn up to $125,000 and still get the full credit while a married couple can earn $225,000. This is great news for Los Angeles Residents whose incomes are above the national average.
This new bill also made more homeowners eligible to claim the credit on their taxes.
First Time Buyers Those who have not owned a home in the past three years still qualify for an $8,000 rebate. But now people who want to trade up can also qualify.
Non First Time Buyers Those who have owned and occupied a residence for at least five years out of the past eight can claim a $6,500 tax credit if they close on a purchase by the end of June.
We hope to see more clients benefit from this extension and modification!
The $8,000 credit was scheduled to expire on December 1st, but will now be in effect through the end of June 2010. Homebuyers must sign a contract before April 30 and close by June 30 2010 to qualify. The income limits were also raised. Single buyers can now earn up to $125,000 and still get the full credit while a married couple can earn $225,000. This is great news for Los Angeles Residents whose incomes are above the national average.
This new bill also made more homeowners eligible to claim the credit on their taxes.
First Time Buyers Those who have not owned a home in the past three years still qualify for an $8,000 rebate. But now people who want to trade up can also qualify.
Non First Time Buyers Those who have owned and occupied a residence for at least five years out of the past eight can claim a $6,500 tax credit if they close on a purchase by the end of June.
We hope to see more clients benefit from this extension and modification!
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