subscribe to our rss feeds
  • Slideshow Image1
  • Slideshow Image2
  • Slideshow Image3
  • Slideshow Image4
  • Slideshow Image5
  • Slideshow Image6
  • Slideshow Image7
  • Slideshow Image8

Posts by : Dana Ehrlich

Email Me

 

showing 1-20 of 73

Aug 24th 2011

Santa Monica Restaurants | Main Street | M Street Kitchen

Posted By: Dana Ehrlich In:   About Santa Monica
Tags: , ,


Formerly known as La Grand Orange, M Street Kitchen  is one of the newer cool spots on Main Street, Santa Monica CA. I was there for brunch last week for the second time and just thought I’d share a bit about my experience.The vibe is very cool whether your sitting inside in the quasi contemporary sort of rustic dining room or your on the patio enjoying the people-watching on Main Street. They play a very eclectic mix of music. The wait staff are friendly and somewhat attentive...read more


Read Full Post  Comments: 0


Aug 22nd 2011

Quick Weekly Santa Monica Real Estate Market Update – August 12, 2011 to August 19, 2011

Posted By: Dana Ehrlich In:   About Santa Monica
Tags: , , ,


This article was originally posted at my website.

Santa Monica Real Estate – Single Family Homes:

Active Listings: 93
* Short Sales – 5
* Bank Owned/REO – 3

 

Of the 93 active Santa Monica homes for sale, 32 had their List Price decreased, and 2 actually increased in list price.

Current Pending Sales: 34
* Short Sales – 8
* Bank Owned/REO – 0

Total Sales: 5
* Short Sales – 0
* Bank Owned/REO – 0

Average Days on the Market for the 4 sold Santa Monica homes for sale was 19

Average Selling Price versus the Average List Price of Santa Monica homes for sale was 98.14%

 

Average Selling Price was $3,185,000.00

View all homes for sale in Santa Monica here

Santa Monica Real Estate – Condomi...


Read Full Post  Comments: 0


Aug 20th 2011

Urgent Action: Huge Project Before Santa Monica City Council

Posted By: Dana Ehrlich In:   About Santa Monica
Tags: , , ,


A new project in Santa Monica is currently in development: a large new commercial property across the street from the Water Garden in Santa Monica, and would probably be the same size and attract almost the same number of cars to this already traffic congested area.On Tuesday, August 23rd, starting at 6:45 p.m., the Santa Monica City Council will consider once again, on what will the future be for a new development at 26th and Olympic, site of the former Paper Mate building. It’s called the Bergamot Transit “Village.”The proposed project to be built will be 770,000 square feet, with the building rising up to 81 feet (7 stories).

The Santa Monica City Council has just lately permitted d...


Read Full Post  Comments: 0


Aug 19th 2011

Santa Monicans Stock Up on School Supplies – For themselves and for Operation Christmas Child

Posted By: Dana Ehrlich In:   About Santa Monica
Tags: , ,


With school starting just around the corner, Santa Monicans are starting to shop for supplies, but not just for themselves. They’re stocking up on pens, papers, and a bunch of toys and other gifts to stuff their shoe boxes to give to Operation Christmas Child. The project is an International effort by Samaritan’s Purse to send gifts to children whose lives have been disrupted by natural disasters, disease, war, terrorism, famine or poverty....Read full Story


Read Full Post  Comments: 0


Aug 17th 2011

Go Through A Short Sale While Facing A Divorce

Posted By: Dana Ehrlich In:   About Santa Monica
Tags: , ,


Today I wanted to write a bit about divorce, and a tip on how you might get through it when there’s a home involved. Divorce is a very disastrous situation and obviously something we would all like to avoid if possible. But the reality is that more than 50% of marriages end up in a divorce that involves splitting up of joint assets and liabilities. It is now more complicated and difficult to go through a divorce, given today’s economic conditions; couples going through this are struggling on how to end their relationship and trying to figure out what to do with their assets. One asset in particular, their home, becomes a liability in the sense that they might now owe more money for thei...


Read Full Post  Comments: 0


Aug 15th 2011

Quick Weekly Santa Monica Real Estate Market Update – August 5, 2011 to August 12, 2011

Posted By: Dana Ehrlich In:   About Santa Monica
Tags: , , , ,


Santa Monica Real Estate - Single Family Homes:

Active Listings: 93
* Short Sales - 4
* Bank Owned/REO - 3

Of the 88 active Santa Monica homes for sale, 33 had their List Price decreased, and 2 actually increased in list price.

Current Pending Sales: 44
* Short Sales - 8
* Bank Owned/REO - 0

Total Sales: 4
* Short Sales - 0
* Bank Owned/REO - 0

Average Days on the Market for the 4 sold Santa Monica homes for sale was 58

Average Selling Price versus the Average List Price of Santa Monica homes for sale was 96.31%

Average Selling Price was $3,977,500.00

Santa Monica Real Estate - Condominiums:

Active Listings: 146
* Short Sales - 14
* Bank Owned/REO - 10

Of the 146 active Santa Monica condominiums for sal...


Read Full Post  Comments: 0


Aug 12th 2011

Job Relocation? Lessen Your Burdens By Making A Santa Monica Short Sale!

Posted By: Dana Ehrlich In:   About Santa Monica
Tags: , , , ,


I wanted to discuss a situation that comes up often: when a homeowner needs to relocate because of work but their home is worth less than what they currently owe. It’s great if you’re coming from unemployment to getting your dream job, but it’s a shame that you have to move to another location...read full article

Read More Santa Monica Short Sale Articles.


Read Full Post  Comments: 0


Aug 10th 2011

Santa Monica Farmers Market Starts Off Early with its 30th Birthday Festivities

Posted By: Dana Ehrlich In:   About Santa Monica
Tags: , , ,


The Santa Monica Farmers Markets were established in 1981. Today, they cater to about 900,000 customers per year, bringing farm fresh local produce to their patrons. The markets are a way for farmers to still stay on their land and bring their crops and harvest to a city crowd.

On Thursday, August 11, 2011, The Santa Monica Farmers Market will be kicking off its five-day 30th anniversary celebration which will be held in September, with a panel discussion at the Main Library, suitably dubbed “Celebrating 30 Years.”

Four Santa Monica farmers market long-timers - Two Chefs and Two Farmers: Renowned chefs Mark Peel of Campanile and Josie Le Balch of Josie, together with Santa Monica farmers ma...


Read Full Post  Comments: 0


Aug 08th 2011

Quick Weekly Santa Monica Real Estate Market Update – July 29, 2011 to August 5, 2011

Posted By: Dana Ehrlich In:   About Santa Monica
Tags: , , , ,


Santa Monica Real Estate - Single Family Homes:

Active Listings: 88
* Short Sales - 6
* Bank Owned/REO - 1

Of the 88 active Santa Monica homes for sale, 29 had their List Price decreased, and 2 actually increased in list price.

Current Pending Sales: 37
* Short Sales - 6
* Bank Owned/REO - 1

Total Sales: 7
* Short Sales - 1
* Bank Owned/REO - 0

Average Days on the Market for the 7 sold Santa Monica homes for sale was 47

Average Selling Price versus the Average List

Price of Santa Monica homes for sale was 96.55%

Average Selling Price was $1,691,500.00

Santa Monica Real Estate - Condominiums:

Active Listings: 154
* Short Sales - 16
* Bank Owned/REO - 11

Of the 154 active Santa Monica condominiums for sale...


Read Full Post  Comments: 0


Aug 05th 2011

A Common Westside LA Loan Modification Mistake and How To Avoid It

Posted By: Dana Ehrlich In:   About Santa Monica
Tags: , ,


Westside LA CA – Most homeowners negotiating a loan modification are not amazing negotiators. After all, it’s not every American’s job to be a great negotiator.

America is built on hard work and treating people fair. Most stores offer products at a good, fair price. The price is the price. If you don’t like it, then don’t buy it.

But, don’t kid yourself on loan modification negotiators. The lenders teach them how to negotiate. They train them to do everything they can to squeeze as much money out of you as possible.

Get my Free, Step By Step Loan Modification Guide by clicking here.

The supervisors tell them, “If it means not modifying the customer’s loan, then go ahead and do what yo...


Read Full Post  Comments: 0


Aug 05th 2011

BUYER TIPS - How to know if a Foreclosure is a Good Deal

Posted By: Dana Ehrlich In:   Home Buyer Tips
Tags: , , , ,


Let’s see...you have enough cash or credit and you want to get a great deal on a property that has been foreclosed, but first, there are some things that you would want to know before buying a foreclosure.

Before anything else, let’s define what is meant by the word foreclosure. It is usually called real estate owned (REO), and it is a property owned by a bank or lending institution. This happens when the previous owner of the property has stopped paying mortgage for it, due to unforeseen circumstances and hardships. As a result, the lending institution (Wells Fargo, Chase Bank, Bank of America, etc.) has legally repossessed and taken ownership of the home. It will then be listed for s...


Read Full Post  Comments: 0


Aug 03rd 2011

My Citibank/Chase Success Story - Let Me Also Help You With Your Short Sale

Posted By: Dana Ehrlich In:   Short Sales
Tags: , , ,


Citibank is one of the large national banks, and many of those residing in the Westside Los Angeles area have turned to for financing of their homes. I just recently finished a Citibank short sale for a client in Santa Monica. And while the entire transaction took almost a year, once we had the right buyer in place, we were able to close in less than three months. It was absolutely amazing; by and large, the whole transaction went very smoothly. I won’t bore you with the whole story, but once we put the property on the market at the right price, and the sellers did everything they could to get the best price by keeping the house in great shape for showing to potential buyers and we had ...


Read Full Post  Comments: 0


Aug 02nd 2011

Top Producing Agent Dana Ehrlich Joins eXp Realty in Santa Monica, California

Posted By: Dana Ehrlich In:   About Santa Monica
Tags: , , , ,


eXp Realty, LLC, the world’s first fully-immersive, Web 3.0 real estate brokerage has announced that Dana Ehrlich has joined the company in Santa Monica, California. Prior to joining eXp, Dana was affiliated with Keller Williams Realty where she consistently ranked among the top 6 producers in an office of close to 300 agents. Dana is a member of the Beverly Hills Greater Los Angeles Association of Realtors and is one of approximately 250+ members of Cyberstars International, an elite group of top technology-oriented real estate professionals across the U.S.

The first Realtor to join eXp in Westside Los Angeles, Ehrlich brings to eXp a track record of accomplishment, an appreciation of t...


Read Full Post  Comments: 0


Aug 01st 2011

Quick Weekly Santa Monica Real Estate Market Update – July 22, 2011 to July 29, 2011

Posted By: Dana Ehrlich In:   About Santa Monica
Tags: , ,


Santa Monica Real Estate - Single Family Homes:

Active Listings: 101
* Short Sales - 8
* Bank Owned/REO - 2

Of the 101 active Santa Monica homes for sale, 32 had their List Price decreased, and 2 actually increased in list price.

Current Pending Sales: 32
* Short Sales - 7
* Bank Owned/REO - 0

Total Sales: 12
* Short Sales - 0
* Bank Owned/REO - 0

Average Days on the Market for the 12 sold Santa
Monica homes for sale was 50
Average Selling Price versus the Average List

Price of Santa Monica homes for sale was 96.33%

Average Selling Price was $2,105,690.00

Santa Monica Real Estate - Condominiums:

Active Listings: 159
* Short Sales - 18
* Bank Owned/REO - 11

Of the 159 active Santa Monica condominiums for...

Read Full Post  Comments: 0


Jul 29th 2011

Westside LA Loan Modification Help: Don’t stress out over financial problems

Posted By: Dana Ehrlich In:   About Santa Monica
Tags: , ,


Westside LA CA – If you are in financial trouble, then I’m sure you’re worried. Here are a few things I see people worry about that aren’t as bad as they think.

Financial Worry #1: We could be forced to move out of our house at moment’s notice.

Get my Free, Step By Step Loan Modification Guide by clicking here.

If you own your house, then I have some good news. Most lenders are taking 6-12 months to file foreclosure. The debt collectors don’t always tell you the truth.

Many get paid bonuses based on how much they collect. That encourages them to stretch the truth.

They might tell you the foreclosure is going to filed next month. Yes, even if it’s not true. Here is the other good news...


Read Full Post  Comments: 0


Jul 29th 2011

5 Financing Tips for Buying Property at a Real Estate Auction in Santa Monica, Ca.

Posted By: Dana Ehrlich In:   Home Buyer Tips
Tags: , , , ,


In the midst of foreclosures flooding the real estate market, it’s only fair to say that these days, real estate auction sales have full attendance. According to Inman news, “Foreclosure sales accounted for 28 percent of U.S. home sales in the first quarter of 2011,” with those properties selling for nearly “27 percent below the average sales price of properties not in foreclosure,” as recently reported by Realty Trac. Because of these figures, flocks of buyers and investors are being brought to real estate auctions, searching for the next great deal.

Those of you who are not familiar with the auction world might find these few very important financing tips exceptionally useful before ...


Read Full Post  Comments: 0


Jul 27th 2011

Some Valuable Information About Loan Modifications As A Short Sale Alternative

Posted By: Dana Ehrlich In:   Short Sales
Tags: , , , , ,


Today, let’s discuss loan modifications. If you are struggling to pay your mortgage or need to reduce your debt, I’m sure one of the options you are taking into account is trying to get your existing mortgage loan modified. Of course, there are good programs out here in Santa Monica for modifying your loan but you have to be careful; there are some tricks that you should watch out for.

Obviously your lender will not be thrilled about getting your loan restructured if you are already behind on the balance you owe; they would think that you’d still be unable to keep up with the modified loan. On the other hand, the bank would still want to get back the money they thought they would be ge...


Read Full Post  Comments: 0


Jul 25th 2011

Quick Weekly Santa Monica Real Estate Market Update – July 15, 2011 to July 22, 2011

Posted By: Dana Ehrlich In:   Santa Monica Real Estate
Tags: , ,


Santa Monica Real Estate - Single Family Homes:


Active Listings: 104
* Short Sales - 9
* Bank Owned/REO - 2

Of the 104 active Santa Monica homes for sale, 35 had their List Price decreased, and 2 actually increased in list price.

Current Pending Sales: 35
* Short Sales - 6
* Bank Owned/REO - 0

Total Sales: 6
* Short Sales - 0
* Bank Owned/REO - 0

Average Days on the Market for the 6 sold Santa Monica homes for sale was 23
Average Selling Price versus the Average List Price of Santa Monica homes for sale was 99.81%
Average Selling Price was $2,104,167.00

 

Santa Monica Real Estate - Condominiums:


Active Listings: 158
* Short Sales - 18
* Bank Owned/REO - 11

Of the 158 active ...


Read Full Post  Comments: 0


Jul 22nd 2011

Another strategy to use when negotiating a Westside LA Loan Modification

Posted By: Dana Ehrlich In:   Short Sales
Tags: , ,


Westside LA CA – Lenders hate losing money. They hate loan modifications, principal reductions, and any other thing that causes them to lose money.

But, in today’s tough economy they have no choice but to accept them. The primary reason a lender will grant a loan modification is because that usually reduces their losses.

Get my Free, Step By Step Loan Modification Guide by clicking here.

If they foreclosed on the house instead, then the losses would be larger. Besides most foreclosures take 18-24 months and often longer.

(That alone should convince you that their losses will be larger after a foreclosure.)

Use this to your benefit when negotiating a loan modification. Hire a real est...


Read Full Post  Comments: 1


Jul 22nd 2011

How Your Home Will Be Valued While Completing A Short Sale

Posted By: Dana Ehrlich In:   Short Sales
Tags: , , , , ,


 

Today I want to talk about what you should expect when working with your bank on a short sale. One of the most common questions I usually get when speaking with potential clients is always about how much money the bank will want; or if the bank will accept  the difference between what their home sells for and what they owe the bank.

When I list a short sale property, I don’t look at what is owed to the bank for your property. What I’m concerned about is finding a fair market value for your property. A fair market value for your home can be found by looking at comparables, or similar homes within your area, and comparing their selling prices to what your home is currently worth. After d...

Read Full Post  Comments: 0


showing 1-20 of 73