Real Estate Transactions

There are currently 6 blog entries related to this category.

Buying a Home with a mortgage paperworkBuying a home is the biggest purchase most people make in their lifetime. The emotional toll it can take on someone is huge! But for the people that help make that dream a reality (Realtors, lenders, escrow officers, etc.) it is our business. We have to take emotion out of the transaction to get the job done and get the buyer the home of their dreams or help the seller move on to the next chapter in their life. In order for us to do our jobs, we need the buyer and seller to do their jobs. In the buyers case, we need them to get organized, get ready to let strangers pry into their private financial life (especially when buying a home with a loan), and be ready to sign and send every piece of paper we ask for. As a buyer, being aware of their schedule and

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Is Selling LA real?

Reality and reality TV are not one and the same. No matter the subject, if it is on TV, the content has been edited for audience entertainment. With that being said, the shows Million Dollar Listing Los Angeles on Bravo and Selling LA on HGTV, which both focus on buying and selling real estate in Los Angeles, are based in reality. And one of those shows, Selling LA, tends to adhere to reality much better than the other. Since I work in the the same Los Angeles neighborhoods and sell the same luxury homes as the agents featured on these real estate shows, it is easy for me to pick up on what is real and what is reality TV.

I have clients who have seen these shows and then acted surprised by the differences between the reality TV shows and a

17,697 Views, 1 Comments.

The most expensive home sold in Trousdale Estates, Beverly Hills

1181 Hillcrest Road, a Trousdale Estates spec home, was one of the most ambitious spec houses built and listed in the neighborhood, the City of Beverly Hills, and all of Los Angeles. At approximately 22,300 square feet of living space on a 41,608 square foot lot, this home was originally listed for $85,000,000 and sold this past week for $70,000,000 ($3,139/square foot) to Swedish tech billionaire Markus "Notch" Persson, creator of the video game Minecraft. Persson outbid multiple buyers including power couple Sean Carter, aka Jay-Z, and Beyonce Knowles. The $70 million sale sets a Beverly Hills record for the price paid for a singe-family home.

The question is what makes this property worth $70M? The answer is a combination of location, views,

17,582 Views, 4 Comments.

When we think of the most expensive areas of Los Angeles, a few blue-blood neighborhoods always come to mind. Malibu, Holmby Hills, Bel Air, and Beverly Hills usually lead the conversation for the most desirable and most prestigious (and therefore most expensive) neighborhoods in Los Angeles. Based on recent activity, it looks like we have a new contender in the Hollywood Hills, specifically the easiest accessed portions on the the Hollywood Hills located above the Sunset Strip: Doheny Estates, the Bird Streets, Lower Doheny, and Sunset Plaza.

Buildable view lots in the Hollywood Hills

The Hollywood Hills cannot compete with the other premier neighborhoods for blockbuster sales of mega mansions over $50 million (and will never have a $100 million dollar home), because the neighborhood

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Fleur de Lys | 350 N Carolwood Dr | Beverly Crest

How hot is the ultra-high-end real estate market in Los Angeles? Hot enough for a home to break the elusive $100 million barrier for the first time ever in all of Southern California. And the home in question sold after being on-and-off the market (but always available if you knew who to call) since 2007. Not only did the mansion find a buyer or even two buyers; the house sold after a bidding war between three billionaires.

Fleur de Lys is the First Los Angeles Home to Sell for Over $100 Million

The home to break the $100 million barrier in Los Angeles was none other than Fleur de Lys, located at 350 N Carolwood Drive, a mansion known as much for its optimistic price that was never lowered as much as it was known for the extravagent luxuries

37,954 Views, 2 Comments.

Perhaps you noticed construction at the Brody House recently came to a close and you were wondering when the architectural gem located at 360 South Mapleton Drive in the Holmby Hills would hit the open market.

The Brody House | 360 South Mapleton Drive Holmby Hills 90024

The Brody House, commissioned by philanthropist art lovers Sidney and Francis Brody and designed by architect A. Quincy Jones, interior designer Billy Haines, and landscape architect Garrett Eckbo, was built in 1949. The Holmby Hills house first went up for sale in 2010, when it sold at the end of 2010 for $14.888 million to an investor with the intent of flipping the home.

When it sold in 2010, the house was 11,500 square feet situated on about 2.3 acres, with nine bedrooms (including 4 staff bedrooms) and seven and a half bathrooms, a

9,679 Views, 2 Comments.