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Reader Questions: #warehouse #loft

Q: Where can I find a warehouse loft in LA? A: Warehouse and industrial style lofts can be found on the Loft Blog at https://www.laloftblog.com/2019/10/20/warehouse-lofts-for-rent/ and also at https://www.laloftblog.com/?s=warehouse+loft

Q: What (# of things) can a seller do to come out on top in a buyers market? If you have to be more attractive to a buyer how do you conserve your equity by offering buyers attractive terms or perks?A: That’s quite a question. We’re now in a buyer’s market, but most people are not yet aware of that, so we’re also in a bit of a paralyzed market due to the ongoing virus panic and flu hysteria being propagandized by unscrupulous politicians and desperate panic-peddling news media. We’re also in the Greater Depression of 2020. Downtown area home prices are down $23,000 in July compared to the same month last year. Sellers will likely get significantly more money for their home today than in a year from now. Area home prices are expected to drop an additional $23,000 by that time. Today, big city real estate inventory is growing while the number of urban home buyers is shrinking. Loft sellers must stage the home to stand out from the crowd, and price the home just right. Sellers should offer to pay for a free 1-year home warranty, and sellers may stand out by offering to pay for some of the buyer’s closing costs. Above all, sellers can get the most money, fastest, with the least hassle when the listing agent offers to buy the buyer’s current home so that the buyer can buy the seller’s home. Details at www.ChambersGuarantee.com

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Copyright © 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 associated with the homeowner’s association or developer. For more information, contact 213-880-9910 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.