Robert Schmalz's (eaton9) Blog

The weak real estate market has forced many homeowners to sell at a loss that is if they can sell at all. What makes this even worse is that you cannot even take the loss as a deduction on your income. Your home is considered a personal asset and no loss on a personal asset is tax deductible.  So...

One of the first thing we learn as  A Real Estate Broker is not to give Tax or Legal Advice, we should instead direct our clients to their lawyer or accountant. Of course we all do this, but maybe with throwing our opinion in first.  Anyway here are 10 great tips  NOT FROM WEST LA REAL ESTATE GRO...

One of the most interesting areas that West Los Angeles Real Estate Group specializes in is Venice. Bordering to the south of Santa Monica it is one of the few areas on the beach in LA that is affordable. In Venice is a section called the Silver Triangle with Abbot Kinney Blvd serving as one of t...

I think that everyone should be aware of the consequences of our leaders in congress lowering or doing away with the mortgage interest deduction. I came across this article and it is a must read, no matter what stage you are in regarding Real Estate. Owners, sellers & buyers and future sellers & ...

I just posted the following article on my blog West Los Angeles Real Estate Group and I think in these economic times it is something I am advising my clients in Santa Monica, Brentwood and Pacific Palisades that they should know about and discuss the good and bad of Reverse Mortgages. This arti...

Real estate agents and brokers say turmoil in financial markets is planting doubts in the minds of some would-be homebuyers even as it signals opportunity for others. Plunging stock prices, downgrade of the U.S.'s long-term debt rating and lingering fears of a European debt crisis, has the talki...

If you were watching the news, reading papers or following the Internet about the downgrading of Americas credit it was like watching the stock market yesterday, swinging up and down. Finally at the end of the day the S&P decided to downgrade from AAA to AA+, admitting that even though there was ...

Cheviot Hills is a beautiful area of West Los Angeles, minutes from UCLA and Westwood, Ten minutes to Beverly Hills and 15 minutes to Santa Monica and the beach. It is part of the territory that West Los Angeles Real Estate specializes in. To learn more about this beautiful area send me an email ...

With mortgage rates hitting 4.375 in my Santa Monica Real Estate market and house prices still stuck at record lows the buyers market continues to roar in Brentwood, Santa Monica and the Pacfic Palisades and yet buyers are still stuck sitting on the fence. What I do see happening there is less an...

My principal business as owner and Broker of West Los Angeles Real Estate Group is to know the distressed housing market on the west side of Los Angeles. I am up to date on all Short Sale Houses Beverly Hills , Santa Monica and Brentwood to name a few of our communities I found this Short Sale Ho...