LA VERNE, California, Dec. 18, 2017 — I’m looking for my first home, which I be financing. My problem is, I am confused over all the different kinds of home lenders out there — mortgage bankers, mortgage brokers, my local bank, etc.. Can you help me make sense of the differences? Gladly. Honestly, I … Continue reading THE REAL DIRTT: Please End the Confusion Over All the Different Kinds of Home Lenders
ARCADIA, California, December 14, 2017 — Remember when teenage kids hanging out at the mall was a rite of passage? Well, now those same kids, and a lot of their friends, young and old, are hanging out online to do their shopping. As a result, one of the world’s biggest mall operators, Westfield Corporation, which … Continue reading HOLIDAY SURPRISE: Westfield Exits the Mall Business, But Its Name Will Live On
PASADENA, Calif., December 14, 2017 — You can’t say the U.S. government doesn’t have a big heart. After the 2008 financial collapse, the federal government provided about $4.6 billion in principal forgiveness from 2010 to 2016 to help homeowners, owing more on their mortgages than their homes were worth, avoid foreclosure. As an example, if … Continue reading THE REAL DIRTT: It’s Not the Principal That Counts … by Realtor Colleen Bennett
LA VERNE, California, November 6, 2017 — The price reductions aren’t limited to any area of town or any price range. A high-priced home is just as likely to see a price drop as a mid-priced home. Of the 37 single-family homes currently listed in La Verne, there have been 17 price reductions. In the … Continue reading BUYING OPPORTUNITY: More ‘Just Reduced’ Signs Popping Up!
The No. 1 sign that you live in Los Angeles isn’t that you’re always 30 minutes late, adore In-n-Out burgers, or wear your Lululemon gear all over town. No, it’s the fact that you, your neighbor and your neighbor’s neighbor likely lives in a home with an unpermitted addition or alteration. No one knows the … Continue reading THE REAL DIRTT: Who Cares If You’re Living With Unpermitted Structures; It’s L.A., Baby!
“Love your neighbor; yet don’t pull down your hedge.” Benjamin Franklin If you’ve driven through northeast Los Angeles lately, you’ll notice that horizontal fences are now all the rage. But the trend isn’t exactly new. Indeed, until about 40 years most fences were horizontal. They only started standing upright in response to new safety codes … Continue reading FEELING FENCED IN? Here’s the Horizontal on Hipster Fencing … by COLLEEN BENNETT
Growing global unrest, increasing international instability, mounting transcontinental tensions. These headlines should all be good news for anyone in the market for a mortgage because whenever there’s mounting geopolitical tensions around the world, interest rates tend to drop. Here’s why: As geopolitical volatility grows, investors start to panic and seek a safe haven for their … Continue reading THE REAL DIRTT: A Little Global Mayhem Can Help Reduce Your Mortgage Payment … by Colleen Bennett
Far more tenants and landlords would get along if only the two groups (natural adversaries?) better understood the rights and responsibilities that each enjoys under the law. In the spirit of lowering tensions, let’s review and explain a few basic rules that apply to the rental relationship. Before diving in, remember that landlords are … Continue reading THE REAL DIRTT: Ready to Rent Your First Place? Here are 10 Things You Need to Know Before Moving In … by Colleen Bennett
For a town known for its conformity and conservatism, Arcadia, named after Arcadia, Greece, has attracted its share of oddballs. Hunter S. Thompson supposedly penned most of Fear and Loathing in Las Vegas in a motel across the street from Santa Anita Race Track in Arcadia. Arcadia caught the attention of beatnik author Jack Kerouac. … Continue reading NEIGHBORHOODS: Arcadia Is Still Paradise
La Verne is a sleepy town of about 31,000 people, featuring a growing private university (University of La Verne), lots of churches, a regional airport (Brackett), good schools and solid sports programs — in other words, an ideal place to raise a family away from the glitter and glare of L.A. living. Although the town’s local … Continue reading NEIGHBORHOOD SPOTLIGHT: Oh Lord, What Should We Make of La Verne? … by Ryan Crane