The LA real estate market is HOT. It’s truly become the global destination for homeowners and real estate investors. In this market, you must be willing to endure a “bidding war”. Sellers are intentionally listing their homes under market value to maximize exposure and interest. The key is to play your game, not theirs.
You need a savvy Realtor to look over the comparable sales to find the true value of the home. Once known, there are a few strategies to choose from. The goal is to stand above the crowd just enough to begin negotiations. Note that negotiations do not necessarily mean increasing the purchase price. This may include terms such as choice of escrow company, choice of title company, and which party covers certain fees and closing costs.
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Call or text (562) 444-1921 to schedule showings or obtain a loan pre-approval.