Escala Realty Group

Fair housing protections are largely taken for granted today even though violations still exist. We must also know that they were developed because of some very unfair housing practices in the past. #neverforget #fightforjustice https://youtu.be/YxPX_uJ36bg

The country of Afghanistan is world renowned for its hash - or the most pure form of cannabis. In fact, it's believed that hash originated in this country and... even today, it's the world's largest exporter. I wanted to dive deep into the hash culture, so my friend and I went to the Balkh province and this is what we discovered. Would you ever try it? Follow Drew Binsky for daily travel videos. Instagram @drewbinsky.

Charming starter home in coveted South Pasadena School District. Open today from 3 to 5pm.

https://matrix.crmls.org//s/5sqGDzWxqGGd/1026ConcordStreet Newly listed duplex in Boyle Heights. Well cared for by current owners. Both units will be delivered vacant. This is a fairly priced deal for anyone looking for an investment. 6% cap rate, 12x grm on expected rents. Call me for further details.

I'll admit that I'm concerned that real estate prices are getting too high. Incomes are not keeping up with these prices and we are in an increasing interest rate environment. Let's say prices have gone up 5.2% (we all know in Los Angeles, they've gone up more) with the higher interest rates, the payment on the same house, if bought today versus a year ago would be up 12%. If you use LA numbers, we're probably talking inflation of payments of 18 to 20%! Yikes. How long can this continue and how will the market correct? #EscalaFinancial #EscalaRealty #InversaFinancial https://www.housingwire.com//46406-narhome-prices-soar-to-

If Wells Fargo sends you 12,000 because you lost your home as a result of a calculation error, please don't cash it; get a lawyer instead. https://www.housingwire.com//46372-wells-fargo-reveals-sof

Billion Dollar Listing in Los Angeles? Where else would it be? https://www.amlu.com//crown-jewel-of-beverly-hills-stret/

Affordable Housing? Yes Please A hud-sponsored non-profit is selling four homes (2 remaining) to families making no more than 120% of Area Median Income. These are brand new homes in Canoga Park. 3 bedrooms, 2 bathrooms 1370 SF. The housing expense can be no more than 36% of household income. Any gap in affordability can be provided by the Seller as down payment assistance. For more details, please call Moises Carlos with Escala Realty at 310-902-6128.

Four brand new homes for sale in Canoga Park! First Open House this weekend. Saturday and Sunday from 12 to 5pm. Amazingly affordable.

Four (4) New Homes in Canoga Park, CA - Available July 2017

NEW Homes In Canoga Park, CA. For Sale July 2017. Special Financing Available. Call 818-988-3000 x700. https://youtu.be/L8ejyxSHFkE

Reseda Charmer. Aura Ave. 3 Bedrooms in great condition. https://youtu.be/xqKf4R80D0c

In escrow but taking back-up offers. https://youtu.be/WXVU_mWQgOc #EscalaRealty #HomesforSale

http://rismedia.com/cs/24644/1062000/39228453/92567

Proud to support this fine event.

Bought, fixed and sold this 2 unit property in Inglewood

http://www.usatoday.com//20/mortgage-rates-down/56165398/1

Gotta give props to Wells Fargo.

We'll get updated on these pending changes to offer the best advice to our clients.

A new bold idea but the implementation seems to be difficult both politically and practically.

Some great news on the mod front. An extension of HAMP till 12/31/2013 and more principal reductions.

Very positive development for the recovery of the housing market in depressed neighborhoods. Congratulations Wells; let's hope the implementation is done well. Other lenders should follow.

30 year mortgages at 4.08%? Time to refi! Call us!

Client arrives 12/2 with sale date on 12/8. As of this morning, sale date postponed 30 days. Whew....

Rates are Looooooow!

http://www.housingwire.com//treasury-warns-chase-of-perman

A client came in today to sign his final mod. Skeptical guy at first. Walked away with a payment 50% less than his original payment. He's got a new lease on life, a spring in his step and looking forward to buying an investment property in the future with the help of Escala Realty Group. Gotta love it. We didn't help people get in this mess, but we'll help them get out of it. Here's what his payment looks like:

Lessons: Contracts longer than a year or involving the sale or real property must be in writing. Write it down...