Grate Real Estate

DEAL OF THE WEEK! This remodeled home has an open floor plan accentuated with many windows that allow an abundance of natural sunlight. Other features are recessed lighting throughout, the kitchen has quartz counter tops, and there is an ADU (Accessory Dwelling Unit) on the second floor. List Price: $1,100,000 Location: Hyde Park Size: 6 Beds / 5 Baths; 2,787 Sq. Ft.

JUST SOLD for $275,000 in Koreatown Congratulations to my client, Jun Kim on closing escrow! Only 12% of the units in this complex are condo conversions versus 88% apartment units. Therefore, only cash offers were acceptable. Jun was elated that I managed to schedule him a showing, and to get his offer accepted before the other buyers had a chance to view the unit. GOD IS ALWAYS GOOD View Jun’s new home: https://bit.ly/31OAtjJ

DEAL OF THE WEEK! Turnkey top floor studio condo. Spacious open floor plan in a controlled-access building with a ton of vintage charm. Features include a remodeled eat-in kitchen with quartz countertops, new cabinets, updated bathroom with new tile, separate sink vanity area, walk-in closet, new hardwood floors, plus large windows overlooking the courtyard. Includes stove and refrigerator. HOA fees include all utilities. List Price: $299,000 Location: Westlake Size: 0 Bed / 1 Bath; 400 Sq. Ft.

Sometimes you have to get away.

JUST SOLD for $822,000 in Mid City and $1,175,000 in Baldwin Hills/Crenshaw We Need a Bigger House! was the subject line of the email from my clients on 11/12/20. They had outgrown the home that I sold them during July 2014. Therefore, we listed their home a month later, I pre-approved them for a loan, and we started searching for their next dream home, so that we could close their sale and purchase concurrently. We opened escrow on the sale of their home one week after it ...hit the market. Two weeks later we opened escrow on their new home purchase. All was going well until the buyers of their home canceled escrow after 12 days. We had to find another buyer within two weeks, or else the seller would've canceled escrow on their purchase. I got busy doing numerous showings, but to no avail. I used reverse prospecting to send 166 emails to buyer's agents who had saved searches that matched my listing. No response. My mind was inundated to the point of exhaustion with thoughts of how to keep everything together. I finally prayed and asked God (Father, Jesus, & Holy Spirit) for His supernatural assistance, and that I wasn't going to think about this challenging situation any longer. A few days later three motivated buyers presented strong offers, my clients accepted an offer, and the other two offers were backup offers. The transaction couldn't have gone any smoother! The buyer received an appraisal waiver, all contingencies were removed on time, and we were able to close escrow 9 days earlier. My clients closed escrow on their purchase the next day. As their loan officer, I was able to secure a 2.625%, 30 year fixed interest rate with zero points. GOD IS ALWAYS GOOD #GrateRealEstate View Aaron’s sold Mid City listing: https://bit.ly/3jgiBGq View Aaron’s sold Baldwin Hills/Crenshaw home: https://bit.ly/2YLMdC6

JUST SOLD for $362,500 in Long Beach Congratulations to Grate Real Estate agent Nikki Shorts and her client on closing escrow! This was a challenging transaction, but Nikki persevered! GOD IS ALWAYS GOOD #GrateRealEstate View Nikki’s sold listing: https://bit.ly/3ae3XeI

JUST SOLD for $796,900 in Highland Park Congratulations to Grate Real Estate agent Donna Finney on closing another escrow! In this competitive sellers’ market, Donna was able to procure a $15,600 buyer closing cost credit, and a $3,100 price reduction. Since a buyer credit can’t exceed total buyer closing costs, Donna knew that the credit amendment had to include a purchase price reduction, or else some of the credit would’ve been unusable. Her client is elated with her purchase, and her decision to use Donna as her agent! GOD IS ALWAYS GOOD #GrateRealEstate View Donna’s sold listing: https://bit.ly/3qFXyiO

JUST SOLD for $695,000 in Inglewood Congratulations to Grate Real Estate agent Nick Jackson on closing another escrow! It can be challenging to convince a seller to accept an offer from a buyer who is utilizing a VA loan with 100% financing. Sellers often believe that it will take longer to close escrow, and/or that the lender will require numerous repairs to be completed before funding the loan. Nick stayed the course and succeeded in competing against high down payment buyers, and all cash buyers. Furthermore, he found his client a suitable home well under his budget! GOD IS ALWAYS GOOD #GrateRealEstate View Nick’s sold listing: https://bit.ly/3buF14M

JUST SOLD for $885,000 in Alhambra Congratulations to Grate Real Estate agent April Macaraeg on another successful closing! She went above and beyond for her clients which included meeting with the building division in Alhambra to review permits. Furthermore, she sagaciously determined a competitive purchase price in which the appraiser also agreed with the value. This enabled her clients to hold onto more of their money. GOD IS ALWAYS GOOD #GrateRealEstate View April’s sold home: https://bit.ly/3htbeKT

JUST SOLD for $1,425,000 in Westchester Congratulations to Grate Real Estate agent Nikki Shorts and her clients on closing escrow! Nikki did an extraordinary job managing this sale, and making it an enjoyable experience for her clients. She also gave them the best closing gifts to show her appreciation for the opportunity to be their agent! GOD IS ALWAYS GOOD #GrateRealEstate View Nikki’s sold home: https://bit.ly/2KV4B7F

Congratulations to Grate Real Estate agent Donna Finney on closing escrow on this home in Murrieta!! You collaborated well with the lender and listing agent to close this difficult transaction!! Nice work!! GOD IS ALWAYS GOOD #GrateRealEstate View Donna’s sold home here: https://bit.ly/3muENMX

JUST SOLD for $865,000 in Placentia Congratulations to Grate Real Estate agent April Macaraeg and her clients on closing escrow today! April and her clients never gave up when their offers weren’t accepted in this competitive market. Furthermore, April always stayed mindful of the importance of procuring a first position backup offer in writing. This isn’t an arcane strategy, but it’s often overlooked. The sellers were contractually obligated to open escrow with April’s clients after their escrow fell through with the previous buyers. April and her clients have experienced a well deserved victory! GOD IS ALWAYS GOOD #GrateRealEstate