Why Do I Need an Escrow?

by | Oct 21, 2019 | b-Distress Sales, b-Foreclosure, b-Short Sales, b-Upside Down, Blog

Whether you are the buyer, seller, lender or borrower, you want the assurance that no funds or property will change hands until ALL of the instructions in the transaction have been followed.

In California, the escrow holder has the obligation to safeguard the funds and/or documents while they are in the possession of the escrow holder, and to disburse funds and/or convey title only when all provisions of the escrow are in compliance.

Foreclosures Down Sixty Percent in SOCAL

by | Jan 23, 2014 | a-South Bay, b-Distress Sales, b-Foreclosure, Blog, Real Estate

According to Gregory J. Wilcox of the Los Angeles Daily News, there is good news for the real estate market as we look ahead to 2014. Foreclosures were down a full 60% all across Southern California in 2013’s fourth quarter. This is another indication that the housing market continues on a upswing. swingingsold

“In 2013, we got a better economy and a housing market that is much improved. Overall, this is good news as we look ahead to 2014. Still, the housing market will bump into supply constraints, and interest rates — still close to historical lows — are on the rise,” said Robert Kleinhenz, chief economist at the Kyser Center for Economic Research in Los Angeles.
As we enter into 2014 we will see more and more evidence of the healing of the realty market.

South Bay Market Trends.com – February 2013

by | Feb 4, 2013 | a-El Segundo, a-Hermosa Beach, a-Long Beach, b-Distress Sales, Hawthorne, Lomita, Manhattan Beach, Palos Verdes Estates, Rancho Palos Verdes, Real Estate, Redondo Beach, San Pedro, Torrance

  South Bay Market Trends .com February 2013 Greater South Bay market including: Carson, El Segundo, Gardena, Harbor City, Hawthorne, Hermosa Beach, Inglewood, Lawndale, Lennox, Lomita, Manhattan Beach, Palos Verdes Estates, Palos Verdes Peninsula, Rancho Palos...