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    • Pan Am Lofts

        253 S Broadway, Los Angeles CA 90013 Pan Am lofts is a very affordable historical building in a great area of downtown Los Angeles. Located at the corner of 3rd and Broadway, residents are just moments away from Walt Disney Concert Hall, Dorthy Chandlier Pavilion, Moca, Bunker Hill, Grand Central Market, Grand Park Tuesday farmers [...]

    • Septic or city sewer?

      Hillside homes in Los Angeles sometimes are on Septic Tank systems and not city sewer. The Bureau of Engineering is in charge of the LA sewer system. Their website Navigate LA is a great resource. There is no documentation that I have found anywhere that explains how to use the Navigate LA website. The best [...]

    • Beverly Hills Crime Map

      Beverly Hills has recently started to release its crime incidents. The interactive crime map on their website only displays crimes in the last 30 days, and it doesn’t compile any statistics. It’s better than nothing. http://gis.beverlyhills.org/VBH/CrimeMap/ See also the city of Los Angeles  crime map provided by the LA Times.

    • Foundation Inspection

        Many home buyers are scared about foundation problems because foundation repairs can be costly! Foundation inspections are recommended by your general home inspector if they notice the floors inside a house are uneven, if the house has huge cracks in the walls. if the door jambs and windows are crooked.   or if a [...]

    • SCEP

      SCEP is an acronym for ‘Systematic Code Enforcement Program’. Through the SCEP program, LAHD housing inspectors conduct a site visit to every single Los Angeles rental income property with two or more units on a three-year revolving basis. LAHD has roughly ~175 inspectors. In addition to their regularly scheduled SCEP inspections, LAHD inspectors also respond to tenant complaints they receive [...]

    Blog >> SCEP

    Discount Point

    A type of mortgage loan fee that enables a borrower to lower their monthly interest rate by paying a percentage of the loan upfront, commonly called buying down a rate. One point equals 1% of the loan amount. Sometimes half points are offered, but this is less common. Point options will vary by lender or broker, but borrowers should think about how much they’re ready to invest up front and the length of time they expect to have the mortgage loan when deciding whether to buy points. If a buyer expects to be in a home for a long time, it might make sense to pay more up-front to benefit from lower interest rate payments for the life of the loan. But, if the buyer doesn’t think they’ll be in the home for more than a few years, it might make more sense to pay less up-front and make slightly higher interest rate payments. If a borrower gets a loan through a mortgage broker, sometimes the broker will receive a premium from the lender funding the loan. Mortgage discount points are tax deductible as home mortgage interest when itemized on line 10 of Form 1040, Schedule A (PDF).

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    CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).

    Date last updated: 5/17/13 11:44 PM PDT

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