I have been receiving lots of calls lately about the market, specifically regarding foreclosures (bank-owned properties) and (pre-foreclosures). As of this writing, there are 871 single family homes in foreclosure or short sale status on the within Greater Los Angeles. Although the Westside of Los Angeles hasn’t suffered the way many other areas have, there ARE opportunities for in this arena.

But let me warn you: chasing foreclosures and short sales is NOT for the faint of heart. I can hold your hand through the process. But you cannot be in a hurry to close on your property, and more importantly, you cannot be emotionally attached to the outcome. You see, the banks are overwhelmed. You need to be willing to move at their pace. It’s called “wait-then-hurry-up”. And if you are thick skinned, are buying mainly for investment rather than seeking your dream home, let’s find you a foreclosure! Let me know if you’d like me to set you up with a special search so that you can understand (properties that are opportunities!) that might be right for you. All you need to do is tell me: - what specific areas or neighborhoods of interest - type(s) of properties (i.e. single family, condo, multi-family) - bed/bath count - price range I’ll get a set up for you so you can be automatically notified of your next “propertunity”.

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