RECENT BLOG POSTS
Thanks to all my clients for making 2008 a success so far!  I've sold 16 homes and over $6.5 million in residential real estate this year!! THANK YOU!!! MY RECORD SPEAKS FOR ITSELF! 2008 HOME SALES: THANKS TO ALL OF MY CLIENTS FOR MAKING 2008 A PHENOMENAL YEAR! 6850 BOVEY AVE.                  $4...
09/18/2008
Here's a cool video I found on YouTube showing the 2 year renovation of the Sherman Oaks Galleria from drab indoor mall to the outdoor lifestyle and entertainment center that attracts patrons from all over.  It is home to many entertainment production companies and influential businesses.  Check ...
09/18/2008
Here's an article written by Mary Funk, President of the Southland Regional Association of Realtors and David Walker.  The recent improvements and change in lending guidelines have caused a surge in buying activity.  Almost all properties I have sold have had multiple offers, this could be a sign...
09/18/2008
The San Fernando Valley real estate market is reacting favorably to historically low interest rates and affordable pricing as existing single-family home sales have increased 16.2 percent in July from a year ago. Mary Funk, President of the Southland Regional Association of Realtors states, "The ...
09/18/2008
Here's a quote I took from an article from the Southland Regional Association of Realtors, September 2008 Realtor Report: "There were 6,950 active listings throughout the San Fernando Valley at the end of July, down 3.4 percent from a year ago. Of that total, single-family homes accounted for 75 ...
09/18/2008
What does it mean??? Taken from http://en.wikipedia.org/wiki/Housing_and_Economic_Recovery_Act_of_2008 The Housing and Economic Recovery Act of 2008 (Pub.L. 110-289, H.R. 3221) designed primarily to address the Subprime mortgage crisis, was passed by the United States Congress on July 24, 2008 an...
08/28/2008
Being at the forefront of current Los Angeles real estate market as a Realtor who entered the industry in 2005 (at 22 years old) I can truly say that this is my best year yet. There are many buyers who have been waiting on the sidelines to fulfill the need and dream to own their own home. They ar...
08/28/2008
Banks always have the buyer's sign seller addendums.  To protect the Bank/Seller, they always have the Buyer's sign addendums in addition to a standard purchase agreement.  Mind you, the addendums are drafted in such a way to protect the interest of the Bank and not the Buyer, so you must thoroug...
08/28/2008
To continue my rant on this hot topic on foreclosures where's part II explaining why buying foreclosures have higher risk:2.       Foreclosures are sold AS-IS.  I tell all my clients that when you buy a foreclosed property you are purchasing it AS-IS, which means the bank who owns the property wi...
08/28/2008
To the 1st time homebuyer or novice real estate investor, the word FORECLOSURE or REO means a good deal.  While in most cases this is true, many buyers are surprised to learn that buying Foreclosures are riskier than purchasing a home owned by a traditional home seller who is not in distress.  So...
08/28/2008
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Mark Gonzales

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smartphone(818) 414-1914
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