Lofts Downtown Los Angeles – LA Loft Blog Celebrates 500 Posts with Top 3 Real Estate Secrets

Thank you for being part of the celebration of our 500th post on the LA Loft Blog!  As a reward for being part of this milestone, you are about to receive some powerful real estate information that will help you easily beat the intense competition for Downtown real estate, and this article will give you the top 3 secrets for buying, selling and leasing Downtown lofts and condos.

lofts-downtown-los-angeles-the-elysian

Because our team started off helping renters nearly 15 years ago, I’d like to start by giving some valuable information for renters, including how to access up to three times as many amazing lofts and save hundreds of dollars a month. We will then tell buyers how to find twice as many lofts while saving thousands of dollars guaranteed, and then we will end this special post by telling Downtown sellers about a guaranteed home sale program for lofts and condos that gets sellers on average 2.2% more money 44% faster with less hassle for the seller.

For prospective renters, Downtown is a medium size neighborhood that is like a glazed donut.  The outer edges is where new residents like to live, while the hole in the middle is Skid Row, where most loft renters usually try to avoid.

About 1/3 of the rental listings in Downtown Los Angeles are agent listings that are on the MLS, while the other 2/3 are managed communities that do not generally cooperate with agents.  There is a way to get access to all 3/3 of the the rentals.  That is with the paid 3-hour tour.  What a lot of people do not know is that they can get help from a Downtown specialist Realtor to help ensure that they do not miss any of the unlisted loft rental bargains, save hundreds or even thousands of dollars, and if they are not satisfied with the paid tour, they can get their money back. When you do the math, the it makes sense to get access to the most rental listings and unlisted rentals to make sure you don’t miss out on the best deal.

Bright corner unit with views

Home buyers in Downtown can get a big edge over other buyers and save thousands of dollars by gaining priority access to proprietary information at no cost. This is done by taking part in the free home-hunter service called the VIP Buyer Program.  This program allows buyers to get all of the listings from all real estate companies delivered into the buyer’s email daily as soon as the properties are listed. It also includes the largest number of unlisted properties or pocket listings, off-market properties that the general public does not access to because up to 45% of the best deals are are not on the MLS, not on the internet, and most agents and brokers do not have access to these pocket listings.

top-10-best-home-buys-adTwo issues that Downtown buyers need to be aware of before seeing properties are the loft lending issues and the many lawsuits around Downtown lofts and condominiums.  More than half of the properties for sale in Downtown are industrial or commercial loft conversions that are special exemptions created by the Los Angeles  Adaptive Reuse Ordinance.  Most residential lenders are not knowledgeable about lofts and have a delay, rate hike or complete failure of loft purchase transactions. The most common home buying disaster in Downtown is caused by this loft lending failure.  A loft lender is usually required to ensure the success of a loft purchase transaction.

Another major issue with Downtown lofts and condos is caused by lawsuits and litigation. More than 20% of the listings that you see today involve properties that are currently were recently involved with a lawsuit. Because of this, an Downtown attorney or Downtown specialist Realtor should be consulted before seeing any properties so that the buyer is properly informed of the litigation and other issues surrounding the building and its homeowners association.

bunker-hill-tower-1707-2-26

Sellers can get the most money for their property by using a service that attracts the largest number of buyers, and can generate an extra $10,000 or more by pre-marketing the property to VIP buyers before even putting he property on the MLS.  This can generate a queue of buyers early that will help to ensure that there are multiple offers or even an exciting bidding war that drives up the price to its maximum level.  While many agents are still arguing over whether or not to do a pocket listing, the top agents in Downtown will help sellers reach all buyers, and increase the chance of a quick sale by doing a unique combination of pocket listing and MLS listing to capture the best of both market types.  Downtown homeowners can get the most accurate value of their home with a free online home evaluation.

What's Your Loft Worth? Free quick, online home evaluation

>> MORE  —  Sign up to receive a free report with all of the details on these three Downtown real estate programs with LA Loft Blog’s Top Secrets for Renters, Buyers and Sellers.  Fill out the online form:

 Resources for Downtown Home Buyers and Sellers:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

button        button (1)        

SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $10,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

Copyright © 2015 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 478-0499 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Downtown LA Condo Free Information 24-hour Hotline

Real Estate Telephone Info Line

Learn how to get the most money when selling a Downtown loft or condo, and find out how to save thousands when buying.  Get free recorded information by phone 24-hours a day and access more than 25 different reports to help avoid expensive mistakes.  Call 1-800-791-4541 and then enter the ID Code for the hotline report that you are interested in:

ID      Report Name
1000  Costly Homeseller Mistakes
1001  Stop Renting
1002  Over-The-Phone Home Evaluation
1003  Inspection

LaLoftBlog Info Line

1007  Trade Up Mistakes
1010  Brand New Homes
1014  Save Thousands
1016  Get the Highest Price When You Sell
1017  Sell Your Own Home
1018  Buyer Traps
1022  Real Estate Catch-22
1023  27 Valuable Tips to Get Your Home SOLD Fast and For Top Dollar
1025  Zero Down Program
1040  Best Buys
1041  Find Out How Much the Home Down the Street Sold For
1042  Distress Sale
1043  Zero Down (Property Listing)
1048  Fixer Upper
1049  Upscale Homes For Sale
1050  Lofts, Condos and Houses under $400,000
1051  First Time Buyer
2130  10 Questions to Ask a Real Estate Agent
8085  Utilities in Downtown Los Angeles
8086  Lenders

Free Mobile Real Estate SMS Text Tools for Your Cell Phone

FREE reports on your mobile phone SMS text – Use your mobile phone to send any of the following codes to 555000:

3320  –  Lofts For Sale Downtown Los Angeles
TIPS1194  –  27 Tips You Should Know To Get Your Home Sold Fast and For Top Dollar
ASK1194  –  10 Things You Need to Know Before You Hire an Agent
NEED1194  –  6 Buyer Mistakes and 6 Things You Must Know Before You Buy
TRAP1194  –  9 Buyer Traps and How to Avoid Them
BEST1194  –  Best Financing: A 3-Point Plan
STUCK1294  –  We Will Buy Your Home for CASH at a Price Acceptable to YOU!
HIGH1194  –  HOMESELLERS: How to Get the Price You Want (and Need)

Send any of the above codes to 555000 and you will immediately receive your FREE report.

watts-green-lofts-int-windows-j

Copyright © 2015 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 478-0499 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.