With the beginning of another week living “Safer at Home”, the California Association of Realtors (“CAR”) released the “Coronavirus Addendum or Amendment” (CVA). This is an update to the Coronavirus Addendum/Amendment released last week. CAR also released a companion document entitled “Notice of Unforeseen Coronavirus Circumstances” (“NUCC”). Recently, we discussed the CVA and addressed its […]
Category: Industry
What is an Earnest Money Deposit?
If you ask the Buyer or Seller in most real estate transactions to define an Earnest Money Deposit (EMD), they will likely describe it as a down payment put toward the purchase of a property. While an EMD may eventually be applied to the purchase price of a home, its true purpose is something entirely different. In short, an EMD shows […]
Monthly Market Update – February 2020
Welcome to the Monthly Market Update for January 2020! As you all are aware: the market data for each month is not released until the end of the subsequent month, so here we are taking a look at how the year is starting off – and I’ve got to say things are looking like they will become even […]
The Truth About Renting vs. Owning
In 2019, the millennial generation (those born from 1981-1996) became the largest generation in the United States, finally surpassing the baby boomers. While exact numbers are not available, projections had the famed Millenial generation reaching 73 million members. (For those interested, Generation X is projected to overtake Boomers in 2028). Delayed Until Further Notice Statistically […]
Monthly Market Update – January 2020
Welcome to the Monthly Market Update! In this brief (recurring) segment I will attempt to keep you apprised of changes in the housing market in Greater Los Angeles County. I research the market constantly and I see no reason why I shouldn’t share my findings with all of you! So, feel free to follow along […]
How Can the Form of Title on Your Real Estate Avoid Probate
When purchasing any real property, one must not ignore the importance of how the property is titled. Many will simply check the box next to the form of title they hear the most, without really knowing what it means. However, the way title is held may have consequences several years down the road and could […]
Opportunities Abound @ JohnHart
The cat is out of the bag – JohnHart is Zillow Offers’ Broker Partner in LA – and we’re growing our team! If you’re unfamiliar with JohnHart Real Estate allow me to give a quick synopsis: We are one of the most innovative Real Estate agencies in the country – in fact, we were nominated for […]
The Double Up
As we enter the first days of 2020, JohnHart Real Estate CEO Harout Keuroghlian challenges his agents to double up, to commit to next-level production. He meets with agents at the start of the year to determine their goals and help them aim high. Learn more about this exciting new challenge:
Revocable Transfer on Death Deed: The Simple Estate Plan
For most Americans, the largest asset they own is their home. However, the cost of establishing an estate plan can be prohibitive for some. To create an affordable means to transfer real estate and avoid Probate, the California Assembly passed Bill (AB) 139 (codified in California Probate Code Section 5642), which created a deed that […]
‘Tis the Season to Sell Homes (Fa la la la laaaaa, la la la laaaa)
Everyone who’s anyone in this industry is familiar with the term “spring selling season,” which defines the time of year when homes typically go on sale and buyers and sellers go to work. Sellers are busy cleaning and preparing their homes for open houses, viewings, pictures, and agents. Buyers are busy searching for the perfect […]