Condo - Walking Distance to Warner Bros - FHA approved Complex - Open Today 1-3PM

Come join me today for an Open House in Burbank 1-3pm at one of the only FHA approved complexes in the Burbank Studios area! One may find many condos in the area but very few are FHA approved complexes. Here are the details:

4140 Warner Blvd #307 (click address to see Listing video)
Burbank, CA 91505 
Riverside Drive to Rose Street to Warner Blvd (click for Map)
1bed
1 bath
760sq ft Assessor
Built 1964
FHA Approved Complex
Great deal at $279,000

Hope to see you here!

3.5% in Closing Cost Assistance Through June 30, 2011!

Been struggling to purchase a home in today's market? Have you considered purchasing a Fannie Mae foreclosed properties as part of the HomePath program? The HomePath Program was enacted early in 2009 to deal with the growing number of Fannie Mae's foreclosed properties. The HomePath Mortgage program has some great benefits - one being the First Look Initiative - which helps protect buyers from having to engage in bidding wars against investors for the first 15 days on qualified HomePath properties. Another benefit is the reduction in down payment for earnest money deposits for HomePath Mortgage properties. Owner occupants can put down as little as 3% and investors 10%. Also, there is no lender requested appraisal and private mortgage insurance (PMI) is not required. Lastly, Fannie Mae is now offering up to 3.5% in closing cost assistance on all homes where an initial offer was submitted on or after April 11, 2011 and closes by June 30, 2011.

 Here is everything one needs to know:
(Courtesy of HomePath.com)
The HomePath property buyer must meet the following qualifications to be eligible for 3.5% assistance:

•Buyers and/or selling agents (the agent representing the buyer) must request the incentive upon submission of initial offer in order to be eligible.

•The initial offer must be submitted on or after April 11, 2011 and close by June 30, 2011. If an initial offer was made prior to the effective date, the offer is not eligible for the incentive.

•The sale must close on or before June 30, 2011. No exceptions will be made to this deadline.

•Only buyers purchasing a HomePath property as their primary residence may receive up to 3.5% in closing cost assistance. Second homes and investment properties are excluded from the incentive.

•Buyer must sign the Owner Occupant Certification Rider to the Real Estate Purchase Addendum.

•If a buyer's total closing costs are under 3.5%, the difference will not be available as a credit to the buyer.

Now that you know - let's find a great HomePath Property and an approved lender together! Call today (818) 516-7387

Marketing, Marketing, Marketing

There are two things that determine how fast any home gets sold and for how much and that is how the property is price and marketing. Of the two, setting the right price is pretty important but marketing is probably more so since it will be the way qualified buyers will find your well priced home. This is why it is so important to choose the right Agent to list your home. We at Media West will list your home with the correct price then proceed to outmarket the local competition to get your home noticed and sold.

 Let's say you have the choice of two Realtors to choose from. One says he can give you the same basic marketing package other agents are providing these days: Sign in the yard, List the property on the MLS, Hold an Open House, List the home in the weekend newspaper, and possibly a virtual tour with some still pictures and music. Now let's say the second agent comes to you and states that he or she will start with the basic marketing and add to that a professionally made Hollywood Style Movie Trailer of your home - shot in High Definition - with a professionally written script read by a professional voice over talent. But it doesn't end there. The second agent continues by saying that she will house that High Definition movie and house it on its own website with your home address as the website address! How much would that be worth to you?

It is common knowledge that online video submissions have higher rankings on search engines such as Google, Yahoo, and Bing. So having a video of your listing will put your listing a head of all the other non-video listings. Knowing this, which Realtor would you choose? Contact us today and find out how we can set a great price for your home and then out market the competition!