Chatsworth, CA Real Estate News

By Vincent Ambrose
(LRS Central Coast - Property Management)
                                                                                                                                                                  FEB-07-07            SOUTHLAND REGIONAL ASSOC. OF REALTORS                          2:36 PM                 SALES STATISTICS BY ZIP CODE  JANUARY, 2007   --------------------------------------------------------------------------------   ZIP/CITY                     #SALES        AVERAGE MARKET DAYS                S.PRICE 91040  Sunland               7                      117                             487,000  91302  Calabasas            24                    157                          1,875,000  91303  Canoga Park         6                       97                             509,990  91304  West Hills             17     ...
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By Vincent Ambrose
(LRS Central Coast - Property Management)
Chatsworth History:Tucked in the Northwest corner of theSan Fernando Valley and lying at the foot of the unique and picturesque rocky formations of the Santa Susana Mountains, Chatsworth has been home to Indians, Spaniards, Mexicans and settlers during the course of its history.Early Indian tribes in the area included the Gabrielino, Chumash and Alliklik tribes.  The dominant of the tribes was the Gabrielino, who inhabited a village near what is now the railroad tunnel just North of Chatsworth St.  There have been many relics and cave drawings recovered that give testament to these Indian tribes.Commissioned by the Viceroy of Spain, the Spaniards first came to the San Fernando Valley on August 5, 1769.  In 1797 Padre Fermin de Lasuen brought three families from another mission and start...
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By Vincent Ambrose
(LRS Central Coast - Property Management)
Information on Chatsworth, CA Real EstateChatsworth is located in the northwest portion of the San Fernando Valley and is surrounded by the Santa Susana Mountains. The population of Chatsworth is approximately 37,000 and the community encompasses 31 square miles. Chatsworth real estate varies from level terrain to mountainous portions. The communities of Northridge and West Hills border it. Real estate prices for homes vary from a low of around $400,000 to a high in the millions. Chatsworth has many varied residential areas as well as a large industrial portion. The community is located about 40 miles northwest of Los Angeles.
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By Vincent Ambrose
(LRS Central Coast - Property Management)
Team Ambrose has successfully completed the sale of over 100+ homes in the LA area. (50+ homes right here in Chatsworth alone). Looking to sell your home? Contact Team Ambrose for the experience & expertise to successfully sell your home. Looking to move into the area, contact us for a relocation package. We are your Chatsworth real estate area specialists.       www.WeSellChatsworth.com 
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By Eddy Martinez
(Nationwide Funding Group)
Escrow (continued) .....An escrow holder, otherwise known as an escrow company, or some other eligible person, acts as a neutral agent of both buyer and seller in a purchase transaction. In a refinance transaction the escrow holder is the neutral agent between the proposed lender and the borrower. The escrow holder follows the specific directions of the principals and collects and distributes documents and money as agreed upon in the purchase agreement or closing instructions.If escrow instructions are drawn, they must reflect the undersanding and agreement of the principals, who may not always be a buyer and a seller, since transactions involving the sale of real estate are not the only kind that require the use of an escrow. Any time a neutral third party is needed to handle documents...
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