Robert Schmalz's (eaton9) Blog

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Real Estate Broker/Owner - West Los Angeles Real Estate Group - DRE# 01813025
RECENT BLOG POSTS
   TEXTING RULE #1 DO NOT TEXT AND DRIVE , THEN TEXTING RULES #2- #10 DO NOT TEXT AND DRIVE.                                                                                                                                                                                                     Now that...
10/09/2014
ELEMENTARY SCHOOL IS THE KEY TO THE HOUSING MARKET This is interesting, the most important grade level in researching a home is elementary school. The article (linked below) quotes a Realtor.Com survey that shows a  majority of people who research schools either have young children or expect to s...
10/08/2014
HOUSE FLIPPING FAST EARNINGS OR SLOW LOSSES FLIPPING SLOWS What a great topic house flipping, in my market Santa Monica Real Estate and West Los Angeles Real Estate, it is a rich man's sport. Since the houses in this market generally start at over $1,000,000 and usually these are major fixers or ...
10/07/2014
BUILT IN 2014 THESE ARE THE NEWEST CONDOS ON THE BEACH IN SANTA MONICA. REDUCED BY ALMOST WHAT ANOTHER CONDO WOULD COST, BUT NOT IN SANTA MONICA Those of you that are looking for property in Santa Monica understand that you are buying a lifestyle that is probably one of the best in the country. I...
10/07/2014
GET YOUR HOUSE READY FOR FALL AND SAVE MONEY WHEN SPRING COMES. This is a great article on HomeAdvisor.com ;  "THE TOP 6 PROJECTS TO TACKLE THIS FALL; Looking for Fall lawn maintenance, roof maintenance, getting those gutters cleaned, upgrading your windows, finding a handyman for odd jobs and in...
10/06/2014
6 THINGS HOMEBUYERS SHOULD AVOID DOING ONCE THEY PRE APPROVED FOR A MORTGAGE Here is one great article that really spells out what a buyer should be doing once they are pre-approved for a mortgage, found your real estate broker and even have the house you want locked up in escrow.   As a buyer yo...
10/05/2014
  Well do you?, don't laugh, do you? I pretty much suffer from every disorder that is out there but when I saw this I figured, Aha one I don't have, I was wrong, read this article  http://goo.gl/hlY639 . Well guess what I have this disorder also.                                            Think a...
10/03/2014
REAL ESTATE TERMS THAT A BROKER MUST BE SURE THAT A BUYER UNDERTSTANDS When dealing with clients in Real Estate transactions we as Real Estate Brokers sometimes take it for granted that buyers understand some of the basic terms involved. What we need to understand is that for us that deal with it...
10/02/2014
US FIRST TRUST BANK OF MOM AND DAD FINANCE 27 PERCENT OF FIRST TIME HOME BUYERS This statement should blow you away... 27% of all first time homebuyers are financed by the Bank of Mom and Dad. How sad is that and sadder still the Bank of Mom and Dad do not have the financial balance sheets that t...
10/02/2014
Only in California and especially in Santa Monica Real Estate can you find a house that has been reduced almost $1,000,000 and still cost $3,700,000. In other parts of the country they think the housing prices here are crazy   BUT!!!!!   they live in other parts of the country. Now don't get me w...
10/01/2014