Michael Wolff's Real Estate & Finance Blog

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Hot Sheet - San Fernando Valley (LA County) for July 12-18, 2008

logoSorry for the delay! It's been difficult to update this daily so I have decided to change this to a weekly thing.

This week there were 131 new residential listings in the San Fernando Valley*.

 

4015 StansburyThe highest priced listing is a single-family home in Sherman Oaks listed at $3,549,000 by Isidora Fridman of Ewing Sothebys.  Property is a comortable 7000 square feet over 2 stories which includes 6 bedrooms, 5 bathrooms, gourmet chef's kitchen, and family room with wet bar.  Financing for this Mediterranean home is readily available up to 90% of the sale price to the right buyer**.

 

 

 

 

LennoxNot too far away in Van Nuys is a 3 bedroom, 2 bath condo which is listed with Erik Reppe with Property Masters for $128,875.  This home is an Bank-Owned REO and priced perfectly for the First-Time Home Buyer.  Ideal property for FHA financing with minimal down payment of 3% required.***

 

 

 

 

 

In addition to a plethora of listings, this week has seen 60 newly closed sales.  To give you an example of whats selling, sale prices ranged from a Tarzana Condo which short-saled at $185k up to a brand new Spanish styled single family home in Sherman Oaks that closed at $3,595,000.  Everything from entry level up to lavish luxury, the perfect home is out there for you.

tarzana_condo                

 

If you are looking to buy or sell a home, please don't hesitate to use me as a resource.  Not ONLY can I assist you in financing, I can refer you to a top-notch Realtor in your area to help with listings or showings!

 

Michael Wolff

 

*Photos & information taken from the MLS and includes only the following cities: Van Nuys, Encino, Sherman Oaks, Studio City, Woodland Hills & Tarzana.  Cities were chosen to show a good range of property types, prices and sizes.  Proprty nformation not verified by Michael Wolff.

**Not a guarantee of financing.  Super Jumbo, high LTV programs are available based on income, credit and asset qualifications.

*** Down payment could be a grant from an outside non-profit organization with Seller approved assistance.  Ask me for help!

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