Friday, April 29, 2016

All MLS Advertised Burbank, CA Open Houses for 04/30 & 05/01/2016

Looking for a Burbank, CA home?  Here are all the MLS advertised (at time of writing) homes hosting open houses for the coming weekend.  Lists are available for other cities/locations by request.  Contact Philip Keppel - Burbank, CA Realtor® at (818)516-7387,  or email philipkeppel@yahoo.com.
Burbank CA Open Houses, Burbank Real Estate, Burbank Homes for sale

Philip Keppel 
REALTOR®
BRE#01875431
Media West Realty
1300 W. Magnolia Blvd.
Burbank, CA 91506
www.TeamKeppel.com
philipkeppel@yahoo.com
818.516.7387 Cell

Monday, April 25, 2016

What are the Buyer's Protections When Purchasing a Home? Phil Keppel Burbank, CA Real Estate



Many potential buyers are nervous about the home buying process.  It's understandable - especially when prices are as high as they are.  While there is never 100% protection in life, there is a good deal of protection built into the process of buying real estate here in Southern California.  Buyers can take comfort in knowing the whole purpose of the California Bureau of Real Estate Purchase forms is to protect buyers and sellers with added emphasis on the buyer since he or she is truly at a disadvantage not knowing the history or condition of the property.

There are three main projections we call CONTINGENCIES for the buyer's protection in the sales process.  Each is a way for the buyer to get out of the sale without penalty.  The first contingency is for INVESTIGATIONS into the physical conditions of the home and also the surrounding area.  The length can be negotiated, but most agents prefer to keep it as short as possible - around 7-10 days.  During this time, buyers are expected to hire any and all trade professionals to investigate the history of the house, its physical condition, and conditions of its surrounding area.  It is during this time that sellers are obligated to disclose anything negative they know about the house and immediate area as well.  Once the time for investigations is up, the seller will ask that the buyer remove this investigative contingency and move forward.  The removal is not automatic, the buyer must submit a written document stating the removal of the contingency.

The second contingency is the APPRAISAL Contingency. It is exactly what it's name implies - for the appraisal of the property and usually runs 17 days.  In simple terms, the home has to appraise for the value of the loan or the buyer is not obligated to proceed with the sale = the buyer can end the escrow without penalty.  If the home does not appraise, one of three things may happen: 1) The seller reduces the sales price to the appraised value, 2) The buyer comes in with an amount of additional funds to cover the deficiency, or 3) A combination of numbers 1 & 2 is agreed to between buyer and seller.

The third and final contingency is for the LOAN itself.  The loan contingency is typically 21 days and  basically means that if the buyer is somehow unable to get approval for the loan by day 21, they can get out of the escrow without penalty.

One important fact to know is that the whole system is not black and white.  Extensions of time may be asked for but sellers are not compelled to grant them.  If one is late sending in his or her contingency removal by the day agreed to in the contract,  seller may then issue a 48 hour Notice to Perform through the agents to the buyer.  This notice gives the buyer 2 days to remove their contingency or accept the end of the escrow.  It is the one protection for the sellers to prevent buyers from holding their home hostage in escrow indefinitely.

For more information on the Southern California Sales process, feel free to contact me by phone (818)516-7387 or email: philipkeppel@yahoo.com

Friday, April 22, 2016

All MLS Advertised Burbank, CA Open Houses for 04/23 & 04/24/2016

Looking for a Burbank, CA home?  Here are all the MLS advertised (at time of writing) homes hosting open houses for the coming weekend.  Lists are available for other cities/locations by request.  Contact Philip Keppel - Burbank, CA Realtor® at (818)516-7387,  or email philipkeppel@yahoo.com.

*** We are hosting our own Open House at 801 N. Catalina Street Burbank, CA 91505 Saturday and Sunday 2-5pm each day***

 burbank ca real estate, burbank ca open houses, burbank realtors, burbank homes for sale, burbank real estate agent

Philip Keppel 
REALTOR®
BRE#01875431
Media West Realty
1300 W. Magnolia Blvd.
Burbank, CA 91506
www.TeamKeppel.com
philipkeppel@yahoo.com
818.516.7387 Cell

Wednesday, April 20, 2016

New Magnolia Park Listing - 801 N, Catalina Street Burbank, CA 91505 - For Sale

Call Phil Keppel (818)516-7387 for more information or private showing.  Hurry since homes in this Magnolia Park neighborhood go quickly!




Philip Keppel 
REALTOR®
BRE#01875431
Media West Realty
1300 W. Magnolia Blvd.
Burbank, CA 91506
www.HomesalesBurbank.com
philipkeppel@yahoo.com
818.516.7387 Cell

Sunday, April 17, 2016

All Burbank CA MLS Advertised Open Houses for April 17, 2016

 Burbank, CA Open Houses 04/17/2016


Philip Keppel 
REALTOR®
BRE#01875431
Media West Realty
1300 W. Magnolia Blvd.
Burbank, CA 91506
www.TeamKeppel.com
philipkeppel@yahoo.com
818.516.7387 Cell

Friday, April 15, 2016

Sneak Peek of New Magnolia Park Listing - Coming Soon - Burbank, CA Real Estate







Call Phil (818)516-7387 for more information.

Philip Keppel 
REALTOR®
BRE#01875431
Media West Realty
1300 W. Magnolia Blvd.
Burbank, CA 91506
www.TeamKeppel.com
philipkeppel@yahoo.com
818.516.7387 Cell

Monday, April 11, 2016

New Magnolia Park Burbank Single Family Home Coming Soon!


Coming soon from Team Keppel Real Estate  -  Magnolia Park Section of Burbank, CA Single Family home for sale.  The home is just days away from coming to the market.  Home comes with loads of perks and upgrades. Two fireplaces, attractive trade ceilings, charming built ins, oversized garage, bonus office room out back, and more! Home feeds into Theodore Roosevelt Elementary,  David Starr Jordan Middle School, and John Burroughs High School.

Contact us for more information! Phil Keppel (818)516-7387

Philip Keppel 
REALTOR®
BRE#01875431
Media West Realty
1300 W. Magnolia Blvd.
Burbank, CA 91506
www.TeamKeppel.com
philipkeppel@yahoo.com
818.516.7387 Cell

Friday, April 8, 2016

All Burbank,CA MLS Advertised Open Houses for 04/09/16 & 04/10/2016

Philip Keppel 
REALTOR®
BRE#01875431
Media West Realty
1300 W. Magnolia Blvd.
Burbank, CA 91506
www.homesalesburbank.com
philipkeppel@yahoo.com
818.845.9703 Fax

818.516.7387 Cell

Friday, April 1, 2016

All MLS Advertised Burbank, CA Open Houses for 04/02 & 04/03/2016


Philip Keppel 
REALTOR®
BRE#01875431
Media West Realty
1300 W. Magnolia Blvd.
Burbank, CA 91506
www.homesalesburbank.com
philipkeppel@yahoo.com
818.845.9703 Fax
818.516.7387 Cell

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