Westwood Homes Open House Sunday May 17th, 2015 by Scott McIntosh

BUYER TOUR

PREPARED FOR

INFO

THE HOMEBUYING PROCESS Follow These Steps Get prequalified - Your lender will look at your income, credit scores, revolving debts, obligations such as child support as well as the type of loan you choose. Other factors that impact how much home you can buy is the down payment; smaller down payments mean higher monthly payments. Last, the interest rate and terms (30-year, fixed or adjustable rate) will determine what you can afford in monthly payments. Make your wish list - Decide where you want to live and how many bedrooms and baths you’ll need. Consider lifestyle - condominiums offer shared amenities, with little responsibility. Single-family homes offer more space and privacy, but much more exterior and yard maintenance. Hire a real estate professional - Your real estate professional should be expert in the area where you want to live and familiar with the type of home you want to buy. Your agent has house-by-house experience in your neighborhood and can offer the best advice on homes in your range. Select your home - No home is perfect, so don’t let minor flaws influence you. Think long-term. Which home best suits the activities and needs of your household now and in the years ahead? Don’t buy more than you need or can comfortably afford. Make an offer - Your offer depends on the current market. If a home has been on the market a long time, you can ask the seller for a price reduction, but if it’s new on the market, the seller is unlikely to accept a low offer. Ask your real estate professional for advice. Get an inspection - A home inspection is a professional third-party opinion of the home’s condition. The inspector will point out the age of systems, and large and small repairs that are needed, so you’ll know what you’re facing as the next owner. Get an appraisal - The bank appraisal determines market value. If the home doesn’t appraise for the purchase price, the bank will refuse to make the loan unless you renegotiate with the seller. If it appraises, the lender will move toward closing. Go to closing - Once final negotiations are complete, the parties to the transaction meet at the escrow office. This could be a title company, real estate attorney, or whatever is customary in your area. All paperwork is signed by both parties. The lender pays the seller, minus any liens against the home such as the seller’s mortgage. Once all the disbursements have been made, you get the keys to your new home, according to your agreement. Congratulations! You’re ready to move into your new home

LISTING

MAP OF ALL LISTINGS

MLS #

Status

Address

Price

15-902467

834 DEVON AVE, Los Angeles

$4,695,000

15-893741

10573 LE CONTE AVE, Los Angeles

$3,699,000

15-900525

10529 WYTON DR, Los Angeles

$2,950,000

15-881835

1717 COMSTOCK AVE, Los Angeles

$2,850,000

SR15089560CN

2106 Veteran Avenue, Los Angeles

$2,290,000

15-903105

1532 GLENDON AVE, Los Angeles

$1,699,000

15-897731

10576 ASHTON AVE, Los Angeles

$1,599,000

15-904913

1906 KELTON AVE, Los Angeles

$1,499,000

15-892071

2377 GLENDON AVE, Los Angeles

$1,275,000

15-904445

2216 KERWOOD AVE, Los Angeles

$1,249,000

Status: A = Active

MLS #15-902

PROPERTY DETAILS 834 DEVON AVE, Los Angeles Listing information

$4,695,000 Courtesy of Berkshire Hathaway HomeServices California Properties

MLS#: 15-902467

Beds: 3

Sq Ft: 3,818

List Date: 5/5/15

Status: Active

Baths: 2/0/1/1

Year Built: 1936

DOM: 12

Features Exterior: Brick Interior: 2 Staircases, Basement - Partial, Crown Moldings, Hot Tub Kitchen: Island, Open to Family Room Floors: Hardwood Stories: 2 Mello Roos: No Cooling: Air Conditioning Heating: Forced Air View: Pool, Tree Top Zoning: LAR1 Pool: In Ground, Private Patio: Balcony, Patio Open Cross streets: Wilshire, Birchwood Lotsize: 14394 Remarks Designer perfect Traditional home in prime Little Holmby. Gorgeous grounds, completely gated and private. Flat back yard with pool and spa, lovely entertaining area. Extra room upstairs perfect for office/ nursery. Back stair case. Easy access to the garage and home off of Birchwood. Security system.

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-902

BUYER COMMENTS

834 DEVON AVE, Los Angeles

$4,695,000

Listing information

Courtesy of Berkshire Hathaway HomeServices California Properties

MLS#: 15-902467

Beds: 3

Sq Ft: 3,818

List Date: 5/5/15

Status: Active

Baths: 2/0/1/1

Year Built: 1936

DOM: 12

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-902

LISTING PHOTOS 834 DEVON AVE, Los Angeles

$4,695,000

MLS #15-902

MORE LISTING PHOTOS 834 DEVON AVE, Los Angeles

$4,695,000

COMMU

AREA SCHOOLS 834 DEVON AVE, Los Angeles

$4,695,000

School

Type

Sinai Akiba Academy

Private/K-8

(310) 475-6401

0.24 mi

Warner Avenue Elementary School

Public/K-5

(310) 475-5893

0.44 mi

Fairburn Avenue Elementary School

Public/K-5

(310) 470-1344

0.68 mi

El Rodeo Elementary School

Public/K-8

(310) 229-3670

0.91 mi

Alt./9-12

(310) 551-5100

1.12 mi

Private/K-8

(310) 474-1588

1.16 mi

Public/6-8

(310) 234-3100

1.22 mi

Public/9-12

(310) 229-3685

1.23 mi

Private/9-12

(310) 472-1205

1.29 mi

Private/PK,K-8

(310) 275-8601

1.4 mi

Moreno High (Continuation) High School St Paul The Apostle School Ralph Waldo Emerson Middle School Beverly Hills High School Marymount High School Los Angeles Good Shepherd Catholic School See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

Phone

Distance

Data provided by

COMMU

AREA RESTAURANTS 834 DEVON AVE, Los Angeles Name

$4,695,000 Type

Distance

The Greenhouse

American (New), Salad

0.69 mi

Clementine

American (New), Breakfast & Brunch, Bakeries

0.71 mi

Gulfstream

American (New), Seafood

0.79 mi

Bolee's Gourmet

Sandwiches, Coffee & Tea, Bagels

0.8 mi

Wink's Lobster & Seafood

Seafood, Street Vendors

0.8 mi

SEAS Cafe

Cafes

0.89 mi

1880 Cafe

American (New), Sandwiches

0.91 mi

Craft

American (New)

1.01 mi

Garlo's Aussie Pie Shop

Australian, Diners, Bakeries

1.05 mi

Panini Cafe

Italian, Mediterranean

1.06 mi

La Dolce Vita

Italian, Beer, Wine & Spirits

1.07 mi

Palomino

American (New), Mediterranean

1.08 mi

Hinoki & The Bird

American (New)

1.1 mi

The Boiling Crab

Cajun/Creole, Seafood

1.11 mi

800 Degrees Neapolitan Pizzeria

Pizza, Italian

1.13 mi

TLT Food

American (New)

1.16 mi

Rating 53 reviews 718 reviews 491 reviews 17 reviews 22 reviews 65 reviews 50 reviews 1333 reviews 215 reviews 289 reviews 185 reviews 1007 reviews 673 reviews 137 reviews 1706 reviews 627 reviews

MLS #15-893

PROPERTY DETAILS 10573 LE CONTE AVE, Los Angeles Listing information

$3,699,000 Courtesy of Berkshire Hathaway HomeServices California Properties

MLS#: 15-893741

Beds: 5

Sq Ft: 4,999

List Date: 4/6/15

Status: Active

Baths: 5/0

Year Built: 1940

DOM: 41

Features Floors: Hardwood, Marble Roof: Copper Stories: 2 Cooling: Central, Multi/Zone Heating: Central View: Tree Top Zoning: LAR1 Pool: In Ground, Private Lotsize: 12937 Remarks Resort-like 5 BD, 5 BA Mediterranean. Polished, updated copper-roofed home is gleaming & finely appointed throughout. Ideal for both grand & intimate entertaining w/ gracious spaces everywhere, indoor & out. A welcoming front courtyard w/ neighborhood views opens to a formal entry. Formal living room centered on an elegant fireplace. Great room opens to a cook's kitchen complete w/ all the bells & whistles any discerning chef will appreciate. The spacious kitchen has a breakfast area, a large center island, stainless steel appliance & granite counter tops. Within the kitchen is a den area, adjacent is a large formal dining area, open breakfast area & a large media room. There's access to the patio & pool area from the living area as well as the kitchen. French doors & tall windows add light & a seamlessness to the in & out of doors. Master suite. Potential second master suite. Gorgeou...

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-893

BUYER COMMENTS

10573 LE CONTE AVE, Los Angeles Listing information

$3,699,000 Courtesy of Berkshire Hathaway HomeServices California Properties

MLS#: 15-893741

Beds: 5

Sq Ft: 4,999

List Date: 4/6/15

Status: Active

Baths: 5/0

Year Built: 1940

DOM: 41

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-893

LISTING PHOTOS 10573 LE CONTE AVE, Los Angeles

$3,699,000

MLS #15-893

MORE LISTING PHOTOS 10573 LE CONTE AVE, Los Angeles

$3,699,000

COMMU

AREA SCHOOLS 10573 LE CONTE AVE, Los Angeles School Warner Avenue Elementary School

$3,699,000 Type

Phone

Distance

Public/K-5

(310) 475-5893

0.27 mi

Private/K-8

(310) 475-6401

0.46 mi

Public/K-5

(310) 470-1344

0.59 mi

Private/K-8

(310) 474-1588

0.83 mi

Marymount High School Los Angeles

Private/9-12

(310) 472-1205

0.87 mi

Ralph Waldo Emerson Middle School

Public/6-8

(310) 234-3100

0.94 mi

Sinai Akiba Academy Fairburn Avenue Elementary School St Paul The Apostle School

Global Montessori School Of Westwood Westwood Elementary School El Rodeo Elementary School Harvard-Westlake School - Middle School See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

Private, Montessori/PK,K

1.26 mi

Charter/K-5

(310) 474-7788

1.37 mi

Public/K-8

(310) 229-3670

1.46 mi

Private/PK, K-12

(310) 274-7281

1.51 mi

Data provided by

COMMU

AREA RESTAURANTS 10573 LE CONTE AVE, Los Angeles Name

$3,699,000 Type

Distance

The Greenhouse

American (New), Salad

0.24 mi

SEAS Cafe

Cafes

0.45 mi

Garlo's Aussie Pie Shop

Australian, Diners, Bakeries

0.58 mi

Tanzy

Italian

0.6 mi

Barbacoa Mexican Grill

Mexican

0.6 mi

Panini Cafe

Italian, Mediterranean

0.61 mi

Palomino

American (New), Mediterranean

0.64 mi

The Boiling Crab

Cajun/Creole, Seafood

0.65 mi

800 Degrees Neapolitan Pizzeria

Pizza, Italian

0.68 mi

TLT Food

American (New)

0.69 mi

Ike's Place

Sandwiches, Vegan, Gluten-Free

0.7 mi

Mesa Brazilian Eatery

Brazilian

0.74 mi

Fresh Corn Grill

American (New), Italian, Mexican

0.75 mi

House of Meatballs

Italian

0.76 mi

Fat Sal's Deli

Delis, American (New), Burgers

0.76 mi

Bella Pita

Middle Eastern, Sandwiches, Mediterranean

0.76 mi

Rating 53 reviews 65 reviews 215 reviews 107 reviews 89 reviews 289 reviews 1007 reviews 137 reviews 1706 reviews 627 reviews 243 reviews 130 reviews 85 reviews 90 reviews 652 reviews 496 reviews

MLS #15-900

PROPERTY DETAILS 10529 WYTON DR, Los Angeles

$2,950,000

Listing information

Courtesy of Heritage Probate & Trust

MLS#: 15-900525

Beds: 4

Sq Ft: 2,954

List Date: 4/30/15

Status: Active

Baths: 4/0

Year Built: 1930

DOM: 17

Features Floors: Hardwood, Tile Stories: 3 Cooling: Wall Unit(s) Heating: Forced Air View: City, Mountains Zoning: LAR1 Lotsize: 9100 Remarks Elegant and emotional Spanish Colonial Revival in prime Little Holmby. Old world craftsmanship includes wonderful tile and ironwork, hardwood floors, original light fixtures and more. Wonderful mountain and city views to the east. This very clean, freshly painted inside and out home with beautiful sunlit rooms, expansive and lush gardens and a tranquil koi pond has an emotional quality to it that speaks to a different era and possibly to a simpler lifestyle. Sidewalks, grassy parkways, historic English-style streetlamps, leafy mature trees, rolling hills and architecturally interesting character homes define the neighborhood. Warner Avenue School District. Probate sale. Court confirmation is not required. Please review Private Remarks.

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-900

BUYER COMMENTS

10529 WYTON DR, Los Angeles

$2,950,000

Listing information

Courtesy of Heritage Probate & Trust

MLS#: 15-900525

Beds: 4

Sq Ft: 2,954

List Date: 4/30/15

Status: Active

Baths: 4/0

Year Built: 1930

DOM: 17

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-900

LISTING PHOTOS 10529 WYTON DR, Los Angeles

$2,950,000

MLS #15-900

MORE LISTING PHOTOS 10529 WYTON DR, Los Angeles

$2,950,000

COMMU

AREA SCHOOLS 10529 WYTON DR, Los Angeles School Warner Avenue Elementary School

$2,950,000 Type

Phone

Distance

Public/K-5

(310) 475-5893

0.24 mi

Private/9-12

(310) 472-1205

0.66 mi

Private/K-8

(310) 475-6401

0.68 mi

Public/K-5

(310) 470-1344

0.99 mi

Private/PK, K-12

(310) 274-7281

1.07 mi

Private/K-8

(310) 474-1588

1.26 mi

Ralph Waldo Emerson Middle School

Public/6-8

(310) 234-3100

1.37 mi

El Rodeo Elementary School

Public/K-8

(310) 229-3670

1.52 mi

Marymount High School Los Angeles Sinai Akiba Academy Fairburn Avenue Elementary School Harvard-Westlake School - Middle School St Paul The Apostle School

Global Montessori School Of Westwood

Private, Montessori/PK,K

Moreno High (Continuation) High School

Alt./9-12

See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

1.7 mi (310) 551-5100

1.76 mi

Data provided by

COMMU

AREA RESTAURANTS 10529 WYTON DR, Los Angeles Name

$2,950,000 Type

Distance

il Tramezzino

Cafes, Italian

0.44 mi

SEAS Cafe

Cafes

0.51 mi

The Greenhouse

American (New), Salad

0.65 mi

Feast At Rieber

Asian Fusion, Japanese, Korean

0.89 mi

Garlo's Aussie Pie Shop

Australian, Diners, Bakeries

0.91 mi

Barbacoa Mexican Grill

Mexican

0.93 mi

Panini Cafe

Italian, Mediterranean

0.98 mi

The Boiling Crab

Cajun/Creole, Seafood

0.98 mi

In-N-Out Burger

Fast Food, Burgers

0.99 mi

Tanzy

Italian

1.0 mi

Bella Pita

Middle Eastern, Sandwiches, Mediterranean

1.0 mi

Palomino

American (New), Mediterranean

1.0 mi

Fat Sal's Deli

Delis, American (New), Burgers

1.01 mi

Gushi

Korean

1.02 mi

TLT Food

American (New)

1.02 mi

800 Degrees Neapolitan Pizzeria

Pizza, Italian

1.03 mi

Rating 51 reviews 65 reviews 53 reviews 41 reviews 215 reviews 89 reviews 289 reviews 137 reviews 416 reviews 107 reviews 496 reviews 1007 reviews 652 reviews 716 reviews 627 reviews 1706 reviews

MLS #15-881

PROPERTY DETAILS 1717 COMSTOCK AVE, Los Angeles Listing information

$2,850,000 Courtesy of Michael Cassell

MLS#: 15-881835

Beds: 4

Sq Ft: 4,035

List Date: 2/23/15

Status: Active

Baths: 2/2/1/0

Year Built: 1927

DOM: 83

Features Floors: Hardwood Stories: 2 Cooling: Central Heating: Central View: City Lights Zoning: LAR1 Pool: Room For Lotsize: 10856 Remarks Wonderfully elegant, lovingly maintained and updated classic Spanish home with original charm and detail. Set on a gentle knoll in prime Westwood neighborhood close to Century City. The grand home boasts spacious rooms, high ceilings, formal living room with exposed beams & fireplace, formal dining room and separate breakfast area. Family room with fireplace. Large kitchen with butcher block center island. Hardwood floors, two zone air conditioning, wired for sound, three fireplaces, center hall floor plan, lots of light. Three bedrooms upstairs including oversized master suite with fireplace, sitting area or office and terrace and two bedrooms with balcony and Century City views. Maid 's suite down with separate entrance. Direct entry to house from garage. Lushly landscaped park like grounds, oversized lot with room for pool. Tremendous curb appeal.

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-881

BUYER COMMENTS

1717 COMSTOCK AVE, Los Angeles Listing information

$2,850,000 Courtesy of Michael Cassell

MLS#: 15-881835

Beds: 4

Sq Ft: 4,035

List Date: 2/23/15

Status: Active

Baths: 2/2/1/0

Year Built: 1927

DOM: 83

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-881

LISTING PHOTOS 1717 COMSTOCK AVE, Los Angeles

$2,850,000

MLS #15-881

MORE LISTING PHOTOS 1717 COMSTOCK AVE, Los Angeles

$2,850,000

COMMU

AREA SCHOOLS 1717 COMSTOCK AVE, Los Angeles School Fairburn Avenue Elementary School

$2,850,000 Type

Phone

Distance

Public/K-5

(310) 470-1344

0.51 mi

Private/K-8

(310) 475-6401

0.59 mi

Alt./9-12

(310) 551-5100

0.81 mi

Public/K-8

(310) 229-3670

0.83 mi

Public/9-12

(310) 229-3685

0.9 mi

Public/6-8

(310) 234-3100

0.95 mi

Westwood Elementary School

Charter/K-5

(310) 474-7788

0.95 mi

St Paul The Apostle School

Private/K-8

(310) 474-1588

0.97 mi

Le Lycee Francais de Los Angeles-Century City Elementary School

Private/K-1

(310) 553-7444

0.99 mi

Private/PK,K-8

(310) 474-1811

1.03 mi

Sinai Akiba Academy Moreno High (Continuation) High School El Rodeo Elementary School Beverly Hills High School Ralph Waldo Emerson Middle School

St Timothy School See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

Data provided by

COMMU

AREA RESTAURANTS 1717 COMSTOCK AVE, Los Angeles Name

$2,850,000 Type

Distance

Clementine

American (New), Breakfast & Brunch, Bakeries

0.18 mi

Gulfstream

American (New), Seafood

0.25 mi

RockSugar Pan Asian Kitchen

Asian Fusion, Indian, Thai

0.27 mi

Wink's Lobster & Seafood

Seafood, Street Vendors

0.38 mi

Bolee's Gourmet

Sandwiches, Coffee & Tea, Bagels

0.44 mi

Craft

American (New)

0.52 mi

Hinoki & The Bird

American (New)

0.54 mi

1880 Cafe

American (New), Sandwiches

0.57 mi

Bru's Counter

Salad, Sandwiches

0.73 mi

The Main Course

American (Traditional), Modern European

1.0 mi

The Room Sushi Bar

Sushi Bars

1.01 mi

Nik Nik Grill

American (Traditional), Italian

1.02 mi

Ramayani

Indonesian

1.02 mi

Zuma Kitchen

Mediterranean, Turkish, Middle Eastern

1.02 mi

Taste of Tehran

Persian/Iranian

1.04 mi

Necco

Japanese

1.04 mi

Rating 718 reviews 491 reviews 1455 reviews 22 reviews 17 reviews 1333 reviews 673 reviews 50 reviews 114 reviews 107 reviews 369 reviews 48 reviews 350 reviews 103 reviews 305 reviews 47 reviews

MLS #SR150

PROPERTY DETAILS 2106 Veteran Avenue, Los Angeles

$2,290,000

Listing information

Courtesy of Elite Residential Realty

MLS#: SR15089560CN

Beds: 5

Sq Ft: 4,384

List Date: 4/28/15

Status: Active

Baths: 4.00

Year Built: 1925

DOM: 19

Features Interior: High Ceilings (9 Feet+), Cathedral-Vaulted Ceilings, Two Story Ceilings Floors: Carpet, Cement, Ceramic Tile, Marble, Travertine Roof: Flat Roof Stories: 2 Cooling: Central Heating: Central Pool: None Patio: Covered, Porch - Rear Water: Public, Water District Lot description: Curbs, Landscaped, Street Lighting, Back Yard, Front Yard, Lawn, Sidewalks, Walk Street, Yard, Gutters Cross streets: Olympic / Veteran Number of units: 1 Lotsize: 6750 Acres: 0.16 Remarks Major price reduction - Located in desired Westwood neighborhood, Lavishing 4400 sqft home with 5 Bedrooms & 4 Bathrooms presents Large family & formal living room both w/ fireplaces, Kitchen with granite counters & Island, Wet bar w/ wine-cooler, Formal Dining room, Spacious Master Bedroom w/ walk-in closet & fireplace, Large Master Bathroom w/ steam shower & Spa, High Ceilings, Down stairs maids/guest room, Upstairs Patio, Indoor Laundry w/ lots of closets, Gorgeous landscaped private back yard, Lots of fruits trees, 2 car garage with direct access, Central vacuum, 2 a/c units, the property is near Ucla, Santa Monica 10 & 405 Freeways, Century City, Shops & Restaurants, 10-15 from LAX.

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #SR150

BUYER COMMENTS

2106 Veteran Avenue, Los Angeles

$2,290,000

Listing information

Courtesy of Elite Residential Realty

MLS#: SR15089560CN

Beds: 5

Sq Ft: 4,384

List Date: 4/28/15

Status: Active

Baths: 4.00

Year Built: 1925

DOM: 19

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #SR150

LISTING PHOTOS 2106 Veteran Avenue, Los Angeles

$2,290,000

MLS #SR150

MORE LISTING PHOTOS 2106 Veteran Avenue, Los Angeles

$2,290,000

COMMU

AREA SCHOOLS 2106 Veteran Avenue, Los Angeles School Global Montessori School Of Westwood Westwood Elementary School

$2,290,000 Type

Phone

Private, Montessori/PK,K

Distance 0.37 mi

Charter/K-5

(310) 474-7788

0.4 mi

Public/6-8

(310) 234-3100

0.67 mi

Private/PK,K-5

(310) 231-6092

0.75 mi

Private/K-8

(310) 474-1588

0.79 mi

Nora Sterry Elementary School

Public/K-5

(310) 473-2172

0.84 mi

Daniel Webster Middle School

Public/4-8

(310) 235-4600

0.95 mi

Private/PK, K-8

(310) 479-3607

0.97 mi

Charter/6-9

(310) 943-5444

1.01 mi

Public/K-6

(310) 838-7308

1.03 mi

Ralph Waldo Emerson Middle School New Horizon School Westside St Paul The Apostle School

St Joan of Arc School New West Charter Middle School Overland Avenue Elementary School See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

Data provided by

COMMU

AREA RESTAURANTS 2106 Veteran Avenue, Los Angeles Name

$2,290,000 Type

Distance

The West End: Craft Bar and Neighborhood Kitchen

Tapas/Small Plates, American (New), Gastropubs

0.19 mi

California Chicken Cafe

American (Traditional)

0.2 mi

California Fresh

Italian, Gluten-Free, Mediterranean

0.23 mi

Necco

Japanese

0.28 mi

Zuma Kitchen

Mediterranean, Turkish, Middle Eastern

0.28 mi

Taste of Tehran

Persian/Iranian

0.29 mi

Rabbi's Daughter

Kosher, Butcher, Meat Shops

0.32 mi

The Room Sushi Bar

Sushi Bars

0.34 mi

The Backhouse

Sushi Bars, Japanese

0.4 mi

Gulp Restaurant & Brew Pub

Gastropubs, American (Traditional)

0.42 mi

Westside Tavern

American (New), Pubs

0.45 mi

The Apple Pan

Burgers, Diners

0.46 mi

Bachi Burger

Burgers

0.49 mi

Hide Sushi Japanese Restaurant

Japanese, Sushi Bars, Ethnic Food

0.49 mi

Tsujita LA Artisan Noodle Annex

Ramen

0.49 mi

Ramayani

Indonesian

0.5 mi

Rating 62 reviews 612 reviews 185 reviews 47 reviews 103 reviews 305 reviews 31 reviews 369 reviews 406 reviews 110 reviews 1076 reviews 2057 reviews 384 reviews 1158 reviews 666 reviews 350 reviews

MLS #15-903

PROPERTY DETAILS 1532 GLENDON AVE, Los Angeles

$1,699,000

Listing information

Courtesy of Coldwell Banker Residential Brokerage

MLS#: 15-903105

Beds: 4

Sq Ft: 1,974

List Date: 5/8/15

Status: Active

Baths: 1/2/0/0

Year Built: 1940

DOM: 9

Features Exterior: Stucco Floors: Hardwood, Marble, Tile Stories: 2 Cooling: Central Heating: Central View: City Zoning: LAR1 Pool: In Ground, Private Patio: Brick Lotsize: 6593 Remarks NEXT SHOWING Sunday 5/17, 2:00 - 3:30 PM. Centrally located in the beautiful community of Westwood this contemporary home is waiting for your final touches. Spacious floor plan, hardwood and stone floors, crown molding, custom cabinetry and woodworking with ornate finishes throughout deliver a level of sophistication that will impress. The oversized kitchen with chef's island, granite counter tops and oversized cabinets will enable you to accommodate any size party you decide to host. With a formal dining room, expansive living room fireplace and proper cocktail bar makes this home the perfect template for you next party. With an expansive backyard, with brick patio, pool, spa and stone grill will make you never want to leave your oasis in the city. A large deck at the front of the house, 2 car garage, and large driveway centrally located to shops, schools, restaurants and houses of ...

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-903

BUYER COMMENTS

1532 GLENDON AVE, Los Angeles

$1,699,000

Listing information

Courtesy of Coldwell Banker Residential Brokerage

MLS#: 15-903105

Beds: 4

Sq Ft: 1,974

List Date: 5/8/15

Status: Active

Baths: 1/2/0/0

Year Built: 1940

DOM: 9

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-903

LISTING PHOTOS 1532 GLENDON AVE, Los Angeles

$1,699,000

MLS #15-903

MORE LISTING PHOTOS 1532 GLENDON AVE, Los Angeles

$1,699,000

COMMU

AREA SCHOOLS 1532 GLENDON AVE, Los Angeles

$1,699,000

School

Type

St Paul The Apostle School

Private/K-8

(310) 474-1588

0.14 mi

Public/6-8

(310) 234-3100

0.2 mi

Ralph Waldo Emerson Middle School Global Montessori School Of Westwood Fairburn Avenue Elementary School

Phone

Private, Montessori/PK,K

Distance

0.39 mi

Public/K-5

(310) 470-1344

0.66 mi

Westwood Elementary School

Charter/K-5

(310) 474-7788

0.71 mi

New Horizon School Westside

Private/PK,K-5

(310) 231-6092

0.89 mi

Public/K-5

(310) 473-2172

0.92 mi

Private/K-8

(310) 475-6401

1.05 mi

Warner Avenue Elementary School

Public/K-5

(310) 475-5893

1.17 mi

St Sebastian School

Private/1-8

(310) 473-3337

1.26 mi

Nora Sterry Elementary School Sinai Akiba Academy

See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

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AREA RESTAURANTS 1532 GLENDON AVE, Los Angeles Name

$1,699,000 Type

Distance

Nik Nik Grill

American (Traditional), Italian

0.08 mi

Cafe Glace

Persian/Iranian, Cafes, Pizza

0.15 mi

P'tit Soleil

Tapas/Small Plates, French, Bars

0.19 mi

Pomodoro Trattoria

Italian

0.2 mi

Ramayani

Indonesian

0.25 mi

fundamental LA

American (New)

0.3 mi

Fresh Corn Grill

American (New), Italian, Mexican

0.33 mi

Naab Cafe

Middle Eastern, Greek

0.34 mi

Bru's Counter

Salad, Sandwiches

0.42 mi

The Room Sushi Bar

Sushi Bars

0.42 mi

Palomino

American (New), Mediterranean

0.47 mi

Taste of Tehran

Persian/Iranian

0.48 mi

Necco

Japanese

0.49 mi

Panini Cafe

Italian, Mediterranean

0.49 mi

Zuma Kitchen

Mediterranean, Turkish, Middle Eastern

0.5 mi

800 Degrees Neapolitan Pizzeria

Pizza, Italian

0.52 mi

Rating 48 reviews 140 reviews 95 reviews 545 reviews 350 reviews 620 reviews 85 reviews 189 reviews 114 reviews 369 reviews 1007 reviews 305 reviews 47 reviews 289 reviews 103 reviews 1706 reviews

MLS #15-897

PROPERTY DETAILS 10576 ASHTON AVE, Los Angeles

$1,599,000

Listing information

Courtesy of Keller Williams Hollywood Hills

MLS#: 15-897731

Beds: 3

Sq Ft: 1,752

List Date: 4/19/15

Status: Active

Baths: 2/0

Year Built: 1926

DOM: 28

Features Floors: Carpet, Hardwood, Tile Stories: 1 Cooling: Central Heating: Central View: None Zoning: LAR1 Lotsize: 6019 Remarks Charming Country English style home in wonderful Westwood neighborhood. Home was updated in 1999 with new plumbing, electric, roof, kitchen and baths while retaining some original character. Very desirable location - Just south of Wilshire near Century City Shopping Center, Westwood Village, UCLA, theaters, restaurants and coveted Fairburn Elementary. 3 Bed 2 Bath includes a fabulous Spacious Master Suite with tiled bath, large walk-in closet. sitting area and office nook. Nice sized living room with high ceilings, Maple hardwood floors and a fireplace. French doors in dining room open to front porch. Huge Attic space. Grassy side yard. Detached garage.

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-897

BUYER COMMENTS

10576 ASHTON AVE, Los Angeles

$1,599,000

Listing information

Courtesy of Keller Williams Hollywood Hills

MLS#: 15-897731

Beds: 3

Sq Ft: 1,752

List Date: 4/19/15

Status: Active

Baths: 2/0

Year Built: 1926

DOM: 28

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-897

LISTING PHOTOS 10576 ASHTON AVE, Los Angeles

$1,599,000

COMMU

AREA SCHOOLS 10576 ASHTON AVE, Los Angeles School Fairburn Avenue Elementary School

$1,599,000 Type

Phone

Distance

Public/K-5

(310) 470-1344

0.1 mi

Sinai Akiba Academy

Private/K-8

(310) 475-6401

0.37 mi

St Paul The Apostle School

Private/K-8

(310) 474-1588

0.56 mi

Ralph Waldo Emerson Middle School

Public/6-8

(310) 234-3100

0.62 mi

Warner Avenue Elementary School

Public/K-5

(310) 475-5893

0.65 mi

Charter/K-5

(310) 474-7788

0.93 mi

Westwood Elementary School Global Montessori School Of Westwood El Rodeo Elementary School Moreno High (Continuation) High School Marymount High School Los Angeles See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

Private, Montessori/PK,K

0.94 mi

Public/K-8

(310) 229-3670

1.25 mi

Alt./9-12

(310) 551-5100

1.33 mi

Private/9-12

(310) 472-1205

1.35 mi

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AREA RESTAURANTS 10576 ASHTON AVE, Los Angeles Name

$1,599,000 Type

Distance

The Greenhouse

American (New), Salad

0.41 mi

Clementine

American (New), Breakfast & Brunch, Bakeries

0.62 mi

Panini Cafe

Italian, Mediterranean

0.65 mi

Palomino

American (New), Mediterranean

0.66 mi

Bru's Counter

Salad, Sandwiches

0.66 mi

Fresh Corn Grill

American (New), Italian, Mexican

0.67 mi

P'tit Soleil

Tapas/Small Plates, French, Bars

0.69 mi

Nik Nik Grill

American (Traditional), Italian

0.7 mi

fundamental LA

American (New)

0.7 mi

Naab Cafe

Middle Eastern, Greek

0.71 mi

Gulfstream

American (New), Seafood

0.71 mi

Pomodoro Trattoria

Italian

0.71 mi

Garlo's Aussie Pie Shop

Australian, Diners, Bakeries

0.71 mi

800 Degrees Neapolitan Pizzeria

Pizza, Italian

0.73 mi

The Boiling Crab

Cajun/Creole, Seafood

0.74 mi

Ike's Place

Sandwiches, Vegan, Gluten-Free

0.75 mi

Rating 53 reviews 718 reviews 289 reviews 1007 reviews 114 reviews 85 reviews 95 reviews 48 reviews 620 reviews 189 reviews 491 reviews 545 reviews 215 reviews 1706 reviews 137 reviews 243 reviews

MLS #15-904

PROPERTY DETAILS 1906 KELTON AVE, Los Angeles

$1,499,000

Listing information

Courtesy of John Aaroe Group

MLS#: 15-904913

Beds: 3

Sq Ft: 1,683

List Date: 5/14/15

Status: Active

Baths: 2/1

Year Built: 1931

DOM: 3

Features Floors: Hardwood Stories: 1 Cooling: Central Heating: Central View: None Zoning: LAR1 Lotsize: 6761 Remarks Immerse yourself in this exquisite high-end remodel of a classic 3 bdrm + 2.5 bath Spanish in coveted Westwood Charter! Impeccable attention to detail, simplified lines, a thoughtful floor plan & multiple skylights to flood the home w/light! The welcoming living room boasts a dramatic Carrera marble fireplace & a barreled ceiling, reminiscent of the home's Spanish roots. The sunny formal dining room opens to the gourmet kitchen featuring Viking appliances, custom cabinetry, quartzite counter tops & a lovely eat-in banquette. Two generous bdrms share a tastefully updated Jack & Jill bath & the master is a secluded retreat. The large master is complete w/a deluxe bath featuring Carrera marble, dual sinks, & large shower w/rain shower head. Step out the entertainer's rear deck which looks out over the private grassy yard surrounded by mature landscaping. The garage is currently used as a...

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-904

BUYER COMMENTS

1906 KELTON AVE, Los Angeles

$1,499,000

Listing information

Courtesy of John Aaroe Group

MLS#: 15-904913

Beds: 3

Sq Ft: 1,683

List Date: 5/14/15

Status: Active

Baths: 2/1

Year Built: 1931

DOM: 3

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-904

LISTING PHOTOS 1906 KELTON AVE, Los Angeles

$1,499,000

MLS #15-904

MORE LISTING PHOTOS 1906 KELTON AVE, Los Angeles

$1,499,000

COMMU

AREA SCHOOLS 1906 KELTON AVE, Los Angeles School Global Montessori School Of Westwood Westwood Elementary School

$1,499,000 Type

Phone

Private, Montessori/PK,K

Distance 0.11 mi

Charter/K-5

(310) 474-7788

0.41 mi

Public/6-8

(310) 234-3100

0.43 mi

Private/K-8

(310) 474-1588

0.54 mi

Private/PK,K-5

(310) 231-6092

0.69 mi

Nora Sterry Elementary School

Public/K-5

(310) 473-2172

0.77 mi

Fairburn Avenue Elementary School

Public/K-5

(310) 470-1344

0.96 mi

Private/K-6

(310) 445-1280

1.13 mi

Private/PK, K-8

(310) 479-3607

1.14 mi

Charter/6-9

(310) 943-5444

1.14 mi

Ralph Waldo Emerson Middle School St Paul The Apostle School New Horizon School Westside

Brawerman Elementary Of Wilshire Blvd Temple St Joan of Arc School New West Charter Middle School See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

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AREA RESTAURANTS 1906 KELTON AVE, Los Angeles Name

$1,499,000 Type

Distance

Taste of Tehran

Persian/Iranian

0.1 mi

Necco

Japanese

0.1 mi

The Room Sushi Bar

Sushi Bars

0.13 mi

Zuma Kitchen

Mediterranean, Turkish, Middle Eastern

0.13 mi

California Chicken Cafe

American (Traditional)

0.16 mi

California Fresh

Italian, Gluten-Free, Mediterranean

0.17 mi

Ramayani

Indonesian

0.25 mi

The West End: Craft Bar and Neighborhood Kitchen

Tapas/Small Plates, American (New), Gastropubs

0.28 mi

Zankou Chicken

Middle Eastern, Mediterranean

0.39 mi

Bru's Counter

Salad, Sandwiches

0.4 mi

Nik Nik Grill

American (Traditional), Italian

0.51 mi

Rabbi's Daughter

Kosher, Butcher, Meat Shops

0.53 mi

Sawtelle Tempura House

Japanese

0.57 mi

Plan Check Kitchen + Bar

American (New), Burgers, Gastropubs

0.57 mi

Bachi Burger

Burgers

0.57 mi

Tsujita LA Artisan Noodle Annex

Ramen

0.58 mi

Rating 305 reviews 47 reviews 369 reviews 103 reviews 612 reviews 185 reviews 350 reviews 62 reviews 889 reviews 114 reviews 48 reviews 31 reviews 134 reviews 1583 reviews 384 reviews 666 reviews

MLS #15-892

PROPERTY DETAILS 2377 GLENDON AVE, Los Angeles

$1,275,000

Listing information

Courtesy of Help-U-Sell Westside Realty

MLS#: 15-892071

Beds: 3

Sq Ft: 1,475

List Date: 4/2/15

Status: Active

Baths: 1/1/0/0

Year Built: 1939

DOM: 45

Features Floors: Hardwood, Mixed Stories: 1 Cooling: Central Heating: Central View: None Zoning: LAR1 Lotsize: 6759 Remarks Charming traditional home with 3 bedrooms and 2 bathrooms in the coveted Westwood Charter School district. Living room with fireplace. Formal dining room. Nicely remodeled kitchen with granite counters and breakfast bar. Remodeled full bathroom with separate tub and shower. Hardwood floors. Central air conditioning and heating. Laundry room inside of house. Gated driveway and detached two car garage. Private backyard with patio, lots of green grass and landscape. Very convenient location close to shopping, entertainment, UCLA, Westwood, Century City, Rancho Park Golf Courses, Beverly Hills and Santa Monica.

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-892

BUYER COMMENTS

2377 GLENDON AVE, Los Angeles

$1,275,000

Listing information

Courtesy of Help-U-Sell Westside Realty

MLS#: 15-892071

Beds: 3

Sq Ft: 1,475

List Date: 4/2/15

Status: Active

Baths: 1/1/0/0

Year Built: 1939

DOM: 45

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-892

LISTING PHOTOS 2377 GLENDON AVE, Los Angeles

$1,275,000

MLS #15-892

MORE LISTING PHOTOS 2377 GLENDON AVE, Los Angeles

$1,275,000

COMMU

AREA SCHOOLS 2377 GLENDON AVE, Los Angeles

$1,275,000

School

Type

Westwood Elementary School

Charter/K-5

(310) 474-7788

0.49 mi

Public/K-6

(310) 838-7308

0.53 mi

Private/PK,K-8

(310) 474-1811

0.7 mi

Notre Dame Academy Girls High School

Private/9-12

(310) 839-5289

0.77 mi

Global Montessori School Of Westwood

Private, Montessori/PK,K

Overland Avenue Elementary School St Timothy School

Notre Dame Academy Elementary School

Phone

Distance

0.81 mi

Private/K-8

(310) 287-3895

0.85 mi

Daniel Webster Middle School

Public/4-8

(310) 235-4600

0.92 mi

Redeemer Baptist Elementary

Private/K-6

(310) 475-4598

0.93 mi

Le Lycee Francais de Los Angeles-Century City Elementary School

Private/K-1

(310) 553-7444

0.95 mi

Public/K-5

(310) 479-7739

0.96 mi

Clover Avenue Elementary School See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

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AREA RESTAURANTS 2377 GLENDON AVE, Los Angeles Name

$1,275,000 Type

Distance

The Apple Pan

Burgers, Diners

0.03 mi

Westside Tavern

American (New), Pubs

0.1 mi

Rabbi's Daughter

Kosher, Butcher, Meat Shops

0.11 mi

The Backhouse

Sushi Bars, Japanese

0.15 mi

Gulp Restaurant & Brew Pub

Gastropubs, American (Traditional)

0.18 mi

The Six

American (New), Gastropubs

0.25 mi

Bossa Nova Brazilian Cuisine

Brazilian

0.28 mi

Cemitas Poblanas

Mexican, Food Trucks

0.34 mi

The West End: Craft Bar and Neighborhood Kitchen

Tapas/Small Plates, American (New), Gastropubs

0.37 mi

Totoraku

Japanese

0.37 mi

Food

Sandwiches, Breakfast & Brunch

0.45 mi

California Chicken Cafe

American (Traditional)

0.5 mi

California Fresh

Italian, Gluten-Free, Mediterranean

0.51 mi

The Main Course

American (Traditional), Modern European

0.58 mi

Zuma Kitchen

Mediterranean, Turkish, Middle Eastern

0.59 mi

Necco

Japanese

0.6 mi

Rating 2057 reviews 1076 reviews 31 reviews 406 reviews 110 reviews 447 reviews 836 reviews 20 reviews 62 reviews 202 reviews 527 reviews 612 reviews 185 reviews 107 reviews 103 reviews 47 reviews

MLS #15-904

PROPERTY DETAILS 2216 KERWOOD AVE, Los Angeles

$1,249,000

Listing information

Courtesy of Teles Properties, Inc.

MLS#: 15-904445

Beds: 3

Sq Ft: 1,845

List Date: 5/12/15

Status: Active

Baths: 1/1/0/0

Year Built: 1930

DOM: 5

Features Floors: Hardwood, Tile Stories: 1 Cooling: None Heating: Floor Furnace View: None Zoning: LAR1 Lotsize: 6320 Remarks Solid charming Century City Adjacent 3 bed/1.75 bath Spanish w/ character throughout. Covered front porch w/ archways leads to large tiled center hall entry w/ closet. Spacious living room w/ wood detailed vaulted ceiling, picture window & fireplace. Step up formal dining room opens to sun-filled breakfast room w/ blt-ins. Kitchen w/ tiled countertops, gas range & blt-in microwave. Large laundry rm w/ storage, pantry closet & side door to driveway & bkyd. 3rd bedroom (currently used as den) w/ en-suite 3/4 bath opens to backyard w/ brick patio w/ mature citrus tree & in-ground tiled spa. Master bedroom w/ sliding door to bkyd w/ privacy. Additional details include full bath with separate bath & shower, hardwood flooring & wood windows. Detached 2-car garage w/ gated driveway. Fantastic opportunity to remodel to your liking. Westwood Charter School.

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-904

BUYER COMMENTS

2216 KERWOOD AVE, Los Angeles

$1,249,000

Listing information

Courtesy of Teles Properties, Inc.

MLS#: 15-904445

Beds: 3

Sq Ft: 1,845

List Date: 5/12/15

Status: Active

Baths: 1/1/0/0

Year Built: 1930

DOM: 5

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-904

LISTING PHOTOS 2216 KERWOOD AVE, Los Angeles

$1,249,000

MLS #15-904

MORE LISTING PHOTOS 2216 KERWOOD AVE, Los Angeles

$1,249,000

COMMU

AREA SCHOOLS 2216 KERWOOD AVE, Los Angeles

$1,249,000

School

Type

Le Lycee Francais de Los Angeles-Century City Elementary School

Private/K-1

(310) 553-7444

0.3 mi

Private/PK,K-8

(310) 474-1811

0.4 mi

Public/K-6

(310) 838-7308

0.88 mi

Charter/K-5

(310) 474-7788

0.91 mi

Alt./9-12

(310) 551-5100

0.91 mi

Public/9-12

(310) 229-3685

0.92 mi

Public/K-5

(310) 470-1344

1.08 mi

Private/9-12

(310) 839-5289

1.14 mi

Public/K-8

(310) 229-3670

1.14 mi

Private/9-12

(310) 229-0936

1.18 mi

St Timothy School Overland Avenue Elementary School Westwood Elementary School Moreno High (Continuation) High School Beverly Hills High School Fairburn Avenue Elementary School Notre Dame Academy Girls High School El Rodeo Elementary School Yeshiva University Of High School Of La See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

Phone

Distance

Data provided by

COMMU

AREA RESTAURANTS 2216 KERWOOD AVE, Los Angeles Name

$1,249,000 Type

Distance

Mark's Food for All

American (New), Breakfast & Brunch, Food Stands

0.32 mi

The Main Course

American (Traditional), Modern European

0.4 mi

Hinoki & The Bird

American (New)

0.45 mi

Steingarten LA

Gastropubs, German, American (New)

0.45 mi

Marty's Hamburger Stand

Burgers, Hot Dogs

0.5 mi

Food

Sandwiches, Breakfast & Brunch

0.52 mi

Craft

American (New)

0.59 mi

Totoraku

Japanese

0.6 mi

Gulfstream

American (New), Seafood

0.6 mi

Cemitas Poblanas

Mexican, Food Trucks

0.63 mi

Clementine

American (New), Breakfast & Brunch, Bakeries

0.66 mi

The Six

American (New), Gastropubs

0.71 mi

Bolee's Gourmet

Sandwiches, Coffee & Tea, Bagels

0.75 mi

1880 Cafe

American (New), Sandwiches

0.78 mi

Bru's Counter

Salad, Sandwiches

0.81 mi

The Apple Pan

Burgers, Diners

0.9 mi

Rating 16 reviews 107 reviews 673 reviews 505 reviews 182 reviews 527 reviews 1333 reviews 202 reviews 491 reviews 20 reviews 718 reviews 447 reviews 17 reviews 50 reviews 114 reviews 2057 reviews

INFO

WHAT ARE YOUR HOMEBUYING GOALS? With the dramatic rise and fall of housing prices over the last decade, consumers have new respect for homes as investments. But the flip side, is that your investment is still a home, one you’re likely to occupy for several years or more.

Ownership According to the annual Profile of Home Buyers and Sellers, compiled by the National Association of REALTORS®, the primary reason buyers cite for purchasing a home is simply the desire to own, followed closely by the desire for more space, and a change in the family situation. For most people, buying a home is more about giving household members more comfortable living arrangements and putting them closer to jobs, favorite activities, other family and friends. What are your goals for buying a home? You might want a better home and neighborhood. You might want a different kind of living experience, such as moving from an apartment to a single-family home with a private garage and yard. Your family may be growing, so you have to think about school districts and proximity to parks and other recreation. If you’re not certain, you might think about what would change about your situation if you became a homeowner. You’ll definitely be more established. If you’re like most homebuyers, you expect to stay in your new home about 10 years.

Equity You’ll also build equity for yourself, instead of for someone else. Every payment you make, plus the rules of inflation will eventually allow you to recoup most if not all of your investment, or make a profit when you sell. Affordability may also be an important factor for you. The combination of low interest rates and low prices allows you to buy more home for the money. Rents are rising, making ownership more affordable than renting in many areas, especially when you factor in tax incentives such as mortgage interest deductions and property taxes allowable as deductions against your income. When you buy, make your goals long-term. Choose the home you think will serve your household’s needs the best for the longest period of time, as it’s been proven that the longer you own a home, the more equity you’ll build. Today’s market conditions and affordability, make it more likely that you will reach your homebuying goals, no matter what they are.

INFO

HOW TO DECIDE WHICH HOME TO BUY Buying a home is a long-term commitment. The home you buy should be affordable, yet offer the size, features and amenities you and your family want.

Affordability Your monthly payments should be comfortable for you to handle, in relationship to your total obligations, about 28% of gross monthly income. Your house payment and your debts should not exceed 36% of your income, including revolving credit, student loans, and child support. You should also be in the correct loan for your needs. A fixed rate is more expensive, but offers more protection than an adjustable rate mortgage that can reset to a higher amount, making your monthly payments higher. Also, consider the monthly operating costs of the home including utilities, HOA fees, landscaping, commuting, and other costs.

Location Location is about convenience, and you’ll pay a premium to be closer to work centers, parks, shopping and transportation. You can buy a smaller home, or you can buy a home in need of updates to get closer to where you need to be. Think about your commutes to frequent destinations, including jobs, schools, family and friends. To get “more house,” you may have to move further away from core city centers.

Features Make a list of must-have features so you can narrow your home search. A front porch, a two-car garage, hardwood floors, and eat-in kitchen can all add to the enjoyment of your home. Just as important is how your home is designed. The number of bedrooms and baths should suit your household members, and the layout should suit your lifestyle. If you like to entertain, you should have plenty of dining space and storage for dishes and cookware. If you frequently work at home, you’ll need a home office or at least a quiet designated workspace. Just make sure the home you choose allows room for your family to grow. Talk to your lender and see what you can qualify to buy, then talk with your real estate professional about the home you have in mind. With professional guidance, you should be able to find and buy the home of your dreams, where you’ll be happy for a long time to come.

INFO

LOWER PRICE OR LOWER INTEREST RATE Which Is Better? In a buyer’s market, buyers wait for signs that prices are going lower. In a seller’s market, buyers don’t wait because they’re afraid prices will go higher. Both markets move on the fear of paying too much. Right now, buyers have the best of both worlds – home prices have rolled back to nearly a decade ago, and mortgage interest rates are at record lows. Yet, many buyers are still waiting for a sign that it’s the right time to buy. Should you wait for lower prices or lower interest rates before you jump in? Consider the following: The price of a home is fixed. Buyers have figured out that interest rates can change, so they wait for prices to go lower, but what they don’t realize is that prices have to drop significantly to equal a minor fluctuation in mortgage interest rates.

Mortgage Calculator A quick visit to a mortgage calculator will show you the following: • If you buy a home at $200,000 and a 30-year, fixed-rate mortgage at 4.5%, your monthly payment will be $1,013.37 and you’ll pay $164,813.42 in interest over the life of the loan. • The same home at 5% interest costs $1,073.64, a difference of $60.27 more per month and $186,511.57 in interest over the life of the loan. The difference in interest payments alone is $21,698.15. • If your home dropped 5% in value and you were able to buy it at $190,000 and 4.5% interest, your payment would be $962.70, a difference of $50.67 per month, with $156,572.75 in interest over the life of the loan. You’d save $50.67 per month than if you’d paid $200,000. • At 5%, your $190,000 home costs $1019.96, or $53.68 more per month than if you’d gotten the loan at 4.5%. Your interest payments would total $177,185.99 over the life of the loan. The difference in payments is $20,613.24. Home prices today are well below the peak of the housing boom in 2005, and mortgage interest rates are at all-time lows. Sooner or later one of them will move up. Why not buy while both are low?

INFO

YOUR DOWN PAYMENT Good News Lately, it’s been in the news that credit is tight, but if you believe that you need 20% down and perfect credit to buy a home, you may have good news coming. Loans are available with as little as zero down through the Veterans Administration, for veterans and activeduty military. FHA has programs as low as 3.5 percent down for qualifying borrowers who buy within maximum loan limits, up to $625,000.

Credit Score Borrowers with less than perfect credit can get loans as well. Higher credit scores help qualify borrowers for better rates. For example, if you have a credit score of 720 or better, you can buy a home through FHA with 10% down. The rule of thumb is simple – less money down requires a higher credit score and vice versa. A down payment is simply your way of showing the lender that you are willing to risk your money to buy the home you want. The larger the down payment, the more likely the lender is to make the loan. The credit score will tell you how much money you have to put down; it’s a factor in your interest rate. If you put 20 percent down, you can get a loan even if you have a low credit score of 580 or 620. If you have a 740 or 760, the lender will go with less money down.

First Time Buyers It also matters where the down payment money is coming from. Lenders expect first-time buyers to get help from family to buy a home, so there may be limits to the size or percentage of the down payment gift that the lender will allow. Down payment assistance can also come from grants. The FHA no longer allows seller-assisted down payments, but does provide a link to national organizations that may be of help. Also, check your local housing authority to see if there are grants available in your area. Talk to your lender before you make an offer. Get prequalified, and be up front about the source of your down payment money. A good lender will explain the true costs of borrowing to you so you can comfortably afford the home you want as well as the monthly payments.

INFO

WHAT BUYERS SHOULD EXPECT IN A SHORT SALE When they purchased their homes, sellers were required to make down payments to qualify for their mortgages and they may have built up some equity from paying their mortgages. However, some may not have owned their homes long enough to break even or sell at a profit. Further, the local market may have changed; falling home values may have stripped any equity the seller earned to the point that they owe more on their homes than they’re worth.

Short Sale A short sale is a transaction approved by a lender to clear the seller’s mortgage debt for less than what the seller owes. A short sale can mean that a home is marketed substantially below the seller’s purchase price, which can result in a substantial bargain for the next homebuyer. It’s the lender who is taking the loss though. For that reason, short sales can take months longer than a typical home purchase, and may never happen. That can be a problem for a homebuyer who has locked in a low interest rate, or who is interested in moving into their new home within the next two months. First, the seller must prove financial distress to the lender, including W-2s, bank statements, payroll stubs, termination letters, financial statements, a letter explaining the hardship, and more. Then the lender must substantiate the current market value of the home to verify what the seller says – that they can’t sell the home for enough money to clear their debt and transaction fees. Lenders also have to protect themselves from fraud – straw buyers can turn around and sell the home back to the homeowner cheaply, for a favor or a fee.

Talk To Your Real Estate Professional Before you make an offer on a home that is advertised as a short sale, talk to your real estate professional: • Verify that the seller has provided required short sale documentation to the lender. • Verify that the seller’s lender has agreed to a short sale, and that it is not simply wishful thinking on the part of the seller. • Find out the amount remaining on the seller’s note. • Verify market value as well as pending market value, especially if it is lower. • Choose an offer price that is high enough to cover the note, but is still below market value. • Make your offer contingent upon the lender’s written acceptance of the short sale terms. Keep in mind that a short sale has risks and rewards. Yes, you may get a home for less, but you’ll have to work harder for it to close.

INFO

MAKING AN OFFER Before you submit an offer, have your agent pull up the most recent sold comparables (CMA) within a reasonable radius of the home, so you can compare the home fairly in terms of location, size, features, and amenities. Next, ask your agent about market conditions, so you can choose a strategy.

Strategy In a buyer’s market, discounts are common because there are fewer buyers, more properties for sale, and home prices are soft or falling. In a seller’s market, homes sell quickly for full price or higher because there are plenty of buyers and few homes for sale. Whether you are in a buyer’s market or a seller’s market, your goal is to buy the home at a fair price. If you were the seller, what is the lowest possible price you’d accept?

Risk Low-balling the seller is risky. If the seller feels insulted by your offer, you’ve lost the opportunity to negotiate. On the other hand, some sellers are simply unrealistic about their home’s value. Maybe your offer will be their wake-up call. If the seller’s home is offered at a reasonable price, pay asking price or close to it. A home priced to sell will sell quickly. Is there a way to sweeten your offer with a quick closing or an all-cash sale? To show the seller you’re serious, include a copy of your lender’s pre-approval letter, along with a cover letter summarizing your strengths as a buyer in terms of creditworthiness, flexibility in closing, and why you love this home. Include a copy of your comparables to show why you feel your offer is a fair price for the property. If your offer is conditional, such as your need to sell another home before closing on the seller’s, you’ll have to find a way to sweeten the deal, such as a full-price offer. Few sellers would accept a discount and a contingency at the same time.

Reward Your real estate professional will help you draft the offer with a price, estimated closing date, and terms, including earnest money (a guarantee that you’ll perform as a buyer in good faith), final approval by your lender, and your right to have an inspection. Once your offer is negotiated and accepted, your earnest money will be sent to the escrow agent's office. Now the inspections occur, and this is where the contract negotiations can break down. During the inspection process, the inspector will tell you about the condition of appliances, heat and cooling systems, roofs, electrical and plumbing systems, etc, and if your future home is up to current city codes. You should only renegotiate a repair when it wasn’t obvious before, or when a system is unsafe or not functioning. Once the seller has agreed, your offer is now a binding contract, and you’ll proceed to closing.

INTRO

CONTACT ME Scott McIntosh Coldwell Banker

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310-500-6107

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scott@scott-mcintosh.com

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