Burbank Real Estate

Buyer's Agent Burbank, CA San Fernando Valley, Los Angeles County. What an exclusive Buyer's agent can do for you?

Buyer's Exclusive Agent - How you can benefit from it? (HABLO ESPANOL)

Why is it important for a homebuyer to choose LUPE SOTO as your Buyer's Exclusive Agent?

Well for one, it's the difference between service and selling. The Buyer's Agent offers you service - The Listing Agent is selling their product.

Whether you are searching for a condo or townhouse new construction properties or resale homes, income property duplex, triplex or fourplex , leases with option to purchase in Burbank, Toluca Lake, San Fernando Valley areas, Palmdale/Lancaster in the Antelope Valley, in Los Angeles County, there are two sides to a real estate transaction, the Buyers side, and the Sellers side. In my opinion there should always be two separate Realtors - one representing the Buyer, and one representing the Seller. Think of it this way in a court case, would you want your Lawyer representing both you AND the other side? I think the answer is obvious.

REQUEST A FREE CONSULTATION - CONTACT LUPE TODAY!

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I will be happy to show you any listings in the MSL Multiple Listing.

********BUY NOW OR RISK HIGHER PRICES **********

Any Area - Any Price - Anytime - 24/7 - No login required - FREE TOOL

How to qualify for a mortgage loan - Pre-approval requirements FHA/Conventional www.LendingWithLupe.com

Lupe Soto, Realtor, REO Agent, Real Estate Negotiator,

Short Sale Specialist, Buyer‘s Agent, Exclusive Buyer‘s Agent

REQUEST A FREE CONSULTATION - CONTACT LUPE TODAY!

My GUARANTEES to my Clients & Prospective Clients

I guarantee YOU a quick response by email when you use one of my websites to search for homes
I guarantee to answer every email, personally and asap
I will call YOU to see how I can further help YOU. If you leave me your phone number
I will not distribute your email address to others unless you request this
What I WILL DO is respond to your emails quickly, answering your questions and offering information

CLICK HERE TO CONTACT LUPE TODAY FOR AN APPOINTMENT

Beautiful Burbank Neighborhoods, Lupe Soto, Burbank Realtor & nearby areas of SFV

OUR SERVICE IS AT NO COST TO BUYERS, learn more......

Did you know that....... Buyer's agent compensation is paid by the Seller or REO Seller NOT THE BUYER. We provide full service to our clients at NO COST TO BUYERS. As a professional, the way I conduct business with Buyers is to have a written contract with my clients where I have a mutual agreement that if I work successfully I get compensated by the Seller.

Here are the benefits of Buyer's representation with Lupe Soto?

The Buyer's Agent and the Buyer establish a very specific relationship, called: loyalty, obedience, disclosure, confidentiality in dealings with the Buyer! In addition, I adhere to the Code of Ethics and Standards of the Practice of the National Association of Realtors.

1. I will protect the Buyers best interest in all matters of the Real Estate purchase as required by law.
2. I will counsel the Buyer regarding his/her financial qualifications and assist the Buyer in finding and working with mortgage lenders.
3. I will discuss and develop a property profile for the purpose of property searches. A list of parameters and criteria will be established and will be closely adhered to - only adjusted with the Buyers permission.
4. I will search for properties (based on the property profile) in the Multiple Listing Service MLS, properties for sale by owners, and new build homes.
5. I will prepare a comparable market analysis, to determine the property's fair market value . This information will help establish a negotiation strategy for the Purchase Offer.
6. I will explain and prepare all documentation related to the Real Estate Purchase.
7. I will advise the Buyer to seek legal counsel where appropriate.
8. I will counsel the Buyer regarding contractual time requirements and constraints throughout the Real Estate transaction.
9. I will counsel the Buyer regarding all facets of the home inspection process, and strongly encourage the Buyer to be present at these inspections.
10. I will communicate often with the Title Company and Mortgage Company, and keep the Buyer informed as the process develops.
11. I will review the HUD Settlement Statement with the Buyer at or before the Close of Escrow COE.
12. I will assist the Buyer and the Title Company as needed at closing.
13. I will make every effort be available (10am-6pm) by email and phone. If you have questions and I don't have the answers right away. I will research to find one!

REQUEST A FREE CONSULTATION - CONTACT LUPE TODAY!

Choose the best Buyer's Agent possible:

You are on the internet and thinking about buying a house, condo, townhouse, foreclosure opportunities, income property such as duplex, triplex or fourplex right now...buying a property is a hard decision, right? Then one of the first and most important decisions you need to make is to choose the best Buyer's Agent possible. And of course I hope you will consider interviewing me for the job!. Why? Because, Lupe Soto, Burbank Realtor & Exclusive Buyer's Agent has experience in resale homes/condos/townhouses, new construction properties, REO's, Bank Owned & Foreclosure properties, income properties from duplex to multi-family units, land agent, residential leases and leases with option to purchase.

If you are a Buyer and are looking at homes for sale BANK OWNED, AUCTION HOMES FOR SALE, PROBATE HOMES FOR SALE, SHORT SALE HOMES FOR SALE, INCOME PROPERTY FOR SALE, NEW CONSTRUCTION HOMES & CONDOS FOR SALE, LAND FOR SALE, LEASES WITH OPTION TO PURCAHSE in Burbank, San Fernando Valley, Los Angeles County. I hope you will consider interviewing me as your Professional Buyer's Agent. Contact me today, and we'll get the ball rolling!

Its a Buyer's Market, So, When are you going to buy?

Six Signs It is time for homebuyers to buy

Buyers: Ready to start your dream home search? Click Here to CONTACT LUPE TODAY You will benefit by selecting my services* and I can guide you on finding the perfect home in Burbank, San Fernando Valley or Antelope Valley to suit your life style and needs. 818-968-3718.

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EN ESPANOL: Atencion Compradores: Estan listos para empezar la busqueda de la casa de sus suenos? Llameme HOY! Ud se beneficiara enormemente al seleccionar mis servicios(*) Lo guiare en el proceso de encontrar la casa perfecta para su familia en Burbank, San Fernando Valley & El Valle Del Antelope: Palmdale, Lancaster, Littlerock, Lake Los Angeles.

Lupe, Su Agente de Confianza. 818-968-3718, visite my pagina en el internet

www.CasasconLupe.com

www.PrestamosConLupe.com

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SERVING AREAS: Burbank, Glendale & San Fernando Valley:

Arleta, Burbank, Canoga Park, Chatsworth, Encino, Glendale, Granada Hills, Hidden Hills, Lake Balboa, Lake View Terrace, Mission Hills, North Hollywood, North Hills, Northridge, Panorama City, Pacoima, Porter Ranch, San Fernando, Reseda, Sherman Oaks, Studio City, Sylmar, Sun Valley, Sunland, Toluca Lake, Topanga Canyon, Tujunga, Valley Village, Valley Glen, Van Nuys, Universal City, West Hills, Winnetka, Woodland Hills. Also, Los Feliz, Atwater, Echo Park, Eagle Rock, Highland Park, Hollywood, West Hollywood, Hollywood Hills, Silverlake, Glassel Park and nearby areas of Los Angeles City in Los Angeles County including

Antelope Valley:

Palmdale East, Palmdale West, Anaverde Area, Rancho Vista, Lancaster East, Lancaster West, Quartz Hills, Pearblossom, Littlerock, Lake Los Angeles.

According to news reports this morning, Senate negotiators reached a tentative deal on extending and slightly expanding the $8,000 first-time home buyer tax credit.

Here's the tax credit new deal Senate negotiators apparently reached:

• The current $8,000 first time home buyer tax credit would be extended for contracts that are finalized by April 30, 2010 and close by June 30, 2010. This is supposed to help Realtors and mortgage lenders get through the supposed "slow" Winter selling season. In reality, while traffic is down, the housing sales numbers in the winter aren't all that different from summer and fall. But by allowing the tax credit to continue until June 30, you're also allowing those who buy next Spring to take advantage of the tax credit - and we'll have to read the fine print to know what the Senators mean by the "finalizing" date. learn more.
• A new $6,500 tax credit will be available to some existing homeowners who lived in a home for a "consecutive" 5 years out of the past 8 years. This part of the tax credit seems to be designed to help out those who have had to move out of their long-time primary residence to take a job elsewhere and rented out the property because they couldn't sell it.
• The income limits will be raised, so both tax credits will be available to those individuals earning up to $125,000, or up to $225,000 for married couples. The current tax credit limits first-time borrowers to an income of $75,000 for individuals and $150,000 for married couples, and phases out above those levels.

by Ilyce Glink, CBSMoneyWatch.com 10/29/09

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It's Lupe Soto

Burbank Realtor (HABLO ESPANOL), Short Sale Realtor & Real Estate Negotiator

Call (818)968-3718 for faster service

Email Lupe: Lupe@HomesWithLupe.com

Lupe is a short sale Realtor and pre-foreclosure specialist Call Lupe Soto, Realtor to list and sell your home or condo in Burbank Real Estate , CA, San Fernando Valley Real Estate , Palmdale, Rancho Vista, Anaverde & Greater Antelope Valley Real Estate

Lupe Soto, Burbank Realtor, Short Sale Specialist serving Burbank, CA, San Fernando Valley, Palmdale & Greater Antelope Valley, Los Angeles County in Southern California. Call for faster service (818)968-3718 or email Lupe@HomesWithLupe.com

The Southern California median price remains at 2002 levels

and is 46% below its peak level of $505,000 set in 2007.

Southern California's housing market took another small step toward recovery in September as the median sales price for homes in some areas rose above last year's levels -- the first such increases since the market crashed.

The median price paid for all homes in six Southland counties in September -- $275,000 -- was unchanged from August and 11% below the same month last year, according to San Diego-based MDA DataQuick.

But in Orange County, the median price rose modestly to $429,000 from $425,000 in the same month last year -- the first year-over-year gain since 2007, DataQuick said. If condominium sales are excluded, last month's median home sales prices in San Diego and Ventura counties also beat their September 2008 levels.

Christopher Thornberg, a Los Angeles economist who was an early predictor of the housing bubble, said several factors converged last month to give home sales a boost.

"Tax breaks, low interest rates and pent-up demand added up to create a surge in sales that's surely gone some way in stabilizing prices," he said.

But Thornberg cautioned that prices could fall again.

"The question continues to be, 'How is this going to stand up when the next wave of foreclosures hits the market?' " he said.

Even if the housing market takes another hit in the coming months, the bulk of the market correction is past, Thornberg said.

"If prices do fall again, it'll be another 10% to 15% max," he said.

The Southern California median price remains at 2002 levels, even without considering inflation, and is 46% below its peak level of $505,000 set in 2007. The median is the point at which half the homes sold for more and half for less.

Those relatively low prices and an $8,000 federal home-buyer tax credit set to expire at the end of November pushed the number of homes sold in September up by 5% over the same month last year and 0.2% above August.

Home sales in the last year picked up first in the lowest-priced inland areas, where a massive number of foreclosures pulled prices down. Last month's sales, with rising median prices in some areas, show that the mix of homes sold is normalizing.

Sales of homes priced at or above $500,000 constituted 21% of the total, up from 13% in January, DataQuick said.

Previously foreclosed homes are accounting for a smaller share of sales. In September, 40% of homes sold had been foreclosed within the last 12 months, down from a high of 57% in February.

Various studies show that the number of Southern Californians who are substantially behind on their mortgage payments is growing, suggesting more foreclosures are on the way.

But foreclosures in the region have been declining as banks backed off from repossessing homes either voluntarily or to comply with state or federal foreclosure freezes.

Statewide data released Tuesday by ForeclosureRadar, an online seller of default data, show bank repossessions in September were down 42% from the same month a year earlier. The slowing of bank repossessions has cut the supply of homes for sale in the upper-middle range of the market.

That has frustrated many buyers like Daisy Lee, who recently had an offer accepted on a Monterey Park house -- after losing to other bidders six previous times. Lee and her husband tried for a year to purchase houses priced from about $500,000 to $700,000 in various San Gabriel Valley cities.

"There's a lot of competition in the areas we've been looking," said Lee, an accountant. Lee said she and her husband offered slightly above the list price to get the house they hope to move into, with an offer of about $600,000.

"We were desperate. I didn't know how much longer we wanted to wait," she said.

Their frustration aside, buyers like Lee are raising the median by purchasing higher-priced homes.

"I think prices are fundamentally at a bottom," said Richard Green, director of USC's Lusk Center for Real Estate.

"There could be some weakness in the next year that brings things back down a little bit," he said, adding, "I wouldn't be jumping for joy yet, but these numbers are not bad."

peter.hong@latimes.com

tiffany.hsu@latimes.com

Copyright © 2009, The Los Angeles Times

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It's Lupe

Burbank Realtor (HABLO ESPANOL)

Call (818)968-3718 for faster service

Email Lupe: Lupe@HomesWithLupe.com

Lupe is a short sale Realtor and pre-foreclosure specialist Call Lupe Soto, Realtor to list and sell your home or condo in Burbank Real Estate , CA, San Fernando Valley Real Estate , Palmdale, Rancho Vista, Anaverde & Greater Antelope Valley Real Estate

WHAT TO OFFER?

Boy, now this is an area where a crystal ball could make a guy a fortune. Not having access to a dependable, accurate crystal ball, one needs to rely on the advice and experience of their Realtor. When buying, if possible, you should use the service of an expert negotiator to determine the best strategy before making an offer.

Many factors come into play in the initial offer. Some say always offer 5%-10% less. Unfortunately, this route could end you up in second place on that competitively priced "perfect" home for your needs. And, second place is no fun.

Things to consider are:

• How long has the property been on the market?
• If a new listing, how competitively priced is the property? I've had situations where the home was so well priced, multiple offers are received within days. In this situation, offering a few hundred dollars over list made the difference in owning versus second place. In other situations, it's obvious the property is $20,000 overpriced and a lower offer can be justified and submitted with documentation to back the offer up.
• Review recent sales in the immediate neighborhood less than 1 miles from the subject property.
• If the property is a fixer upper, it is recommended to do a home inspection before making an offer. Bank owned sellers or REO Real Estate Owned properties will not re-negotiate after home inspection.
• Current market conditions can play a big factor. A Realtor active in the local market knows what's going on in the market and can advise you accordingly.

The best advice I would give in what to offer the Seller is "get good advice and listen to it!" Too low of an initial offer could insult the Seller. Too high, and you may be leaving money on the table. This is when you could benefit from the experience of a Realtor with good negotiation skills.

Please contact Lupe Soto, Real Estate Negotiator and Short Sale Specialist if you are thinking of buying, selling or short selling in Burbank, San Fernando Valley, all nearby cities in Los Angeles County including Palmdale, Lancaster in the Greater Antelope Valley.

It's Lupe

Burbank Realtor (HABLO ESPANOL)

Call (818)968-3718 for faster service

Email Lupe: Lupe@HomesWithLupe.com

Lupe is a short sale Realtor and pre-foreclosure specialist Call Lupe Soto, Realtor to list and sell your home or condo in Burbank Real Estate , CA, San Fernando Valley Real Estate , Palmdale, Rancho Vista, Anaverde & Greater Antelope Valley Real Estate

Lupe Soto, Bilingual Realtor serving: Arleta, Burbank, Canoga Park, Calabasas, Chatsworth, Encino, Glendale, Granada Hills, Hidden Hills, Lake Balboa, Lake View Terrace, Mission Hills, North Hollywood, North Hills, Northridge, Panorama City, Pacoima, Porter Ranch, San Fernando, Reseda, Sherman Oaks, Studio City, Sylmar, Sun Valley, Sunland, Shadow Hills, Toluca Lake, Topanga Canyon, Tujunga, Valley Village, Valley Glen, Van Nuys, Universal City, West Hills, Winnetka, Woodland Hills.

Los Angeles areas: Hancock Park, City of Los Angeles, Downtown Los Angeles, Eagle Rock, Ecko Park, Hollywood, Korea Town, JeffersonPark, Griffith Park, Montecito Heights, El Sereno, Boyle Heights, Atwater Village

Antelope Valley: Anaverde, Rancho Vista, Palmdale West, Palmdale East, Lancaster West, Lancaster East, Littlerock, Lake Los Angeles

Prediction: Homes Sales to Rise 11 Percent

Sales of existing homes will rise 11 percent in 2010, and sales of new homes will climb 21 percent over this year, Mortgage Bankers Association Chief Economist Jay Brinkmann predicted in a speech Tuesday at the organization's annual meeting.

"We still see a concentration in the lower end of the market," Brinkmann said. "The entry level homes are in demand."

Brinkmann also predicted further declines in existing home prices, with the median falling to $164,200 in the first quarter of 2010.

David Stevens, commissioner of the Federal Housing Administration, concurred, adding that mortgage rates will rise to 5.6 percent by the end of 2010, though not enough of an increase to discourage a 12 percent increase in mortgage applications next year.

Source: Associated Press, Alex Veiga (10/13/2009)

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It's Lupe

Burbank Realtor (HABLO ESPANOL)

Call (818)968-3718 for faster service

Email Lupe: Lupe@HomesWithLupe.com

Lupe is a short sale Realtor and pre-foreclosure specialist Call Lupe Soto, Realtor to list and sell your home or condo in Burbank Real Estate , CA, San Fernando Valley Real Estate , Palmdale, Rancho Vista, Anaverde & Greater Antelope Valley Real Estate