The Mews Houses- small lot subdivision in Atwater Village
There's another small lot subdivision in Los Angeles- this time in Atwater Village.
The Mews small lot subdivision is an eco-friendly community consisting of 23 brand new, fee-simple single family homes located in Atwater Village in the 4200 block of Perlita. The Mews Houses range in size from 1500 to 1600sf and have solar power and 2-car garages. Their open floor plans in include high ceilings and walls of glass and open to private courtyards. The modern style homes were designed by award-winning architects Corsini and Stark.
Do I like these new Mews Houses in Atwater? Yes- I think they are really nice, look great and have really nice layouts. My problem is that the location of these homes does not command the prices they are asking. Currently there are only 2 units listed in the MLS (though many others are available). These two are both 3 bedroom, 2 ½ bath. One is listed for $650,000 and the other is $675,000. Once again a developer is putting Silver Lake prices on homes outside of Silver Lake. Would you buy a house in a small lot subdivision on Perlita in Atwater Village if you could buy a home for the same price in Silver Lake? I certainly wouldn't.
If the prices come down to something more in line with the location, the Mews Houses in Atwater should have no problem selling. Right now I just don't see that happening.
To see any of the Mews Houses in Atwater Village or for more information on buying or selling property in Silver Lake, Echo Park,Los Feliz, and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com
Broker Associate
Keller Williams Realty, Los Feliz
213-215-4758
http://www.LApropertySolutions.com
Copyright © 2010 By Jenny Durling *All Rights Reserved * The Mews Houses- Los Angeles small lot subdivision in Atwater Village
If you are in the midst of financial issues and are having trouble paying your mortgage, a short sale is preferable to a foreclosure for a number a reasons. You may be feeling powerless and like everything is outside of your control. You can get some degree of control by working with an experienced Realtor and
allow you to buy another home much sooner than a foreclosure would. Fannie Mae requires a minimum of 2 years to re-establish credit after a short sale before allowing a new mortgage. However, if you meet specific criteria, you may be able to qualify for an FHA loan right away. FHA will loan to those who remained current in their mortgage and other installment debts throughout the short sale process, had a 
The listing will indicate that the property in question is a Los Angeles short sale. This will alert buyers to the fact that the sale may take several months to close and that some items which are customarily paid for by the seller in a "normal" transaction may become the responsibility of the buyer. (This holds true for bank -owned/ REO properties as well but that is for another post!) 
What is the importance of having a home inspection? If you are a homebuyer, buying a home is one of the biggest investments you will be making so you have to make sure that you are getting your money’s worth. You need to know as much as you can about the home, whether newly constructed or an existing one, before paying for it. A home inspection could save you from buying a structurally unsound or defective home by identifying areas in need of repairs as well as maintenance requirements to keep the home in top shape. Only after a thorough home inspection could you make a well-informed and final decision on whether to buy the home or not.
Even if you have experience in homebuilding or repairs, there still might be some elements that might be overlooked by the untrained. It would be in your best interest to hire an expert or professional home inspector who is already familiar and experienced in the elements of proper home construction and maintenance. They will be able to give you unbiased suggestions on how to improve and maintain your home.
There is no such thing as a failed home inspection. A professional home inspection is only an objective visual examination of the present physical condition of a house. It should not be confused with a home appraisal which determines the market value of a home. A home inspector’s job is not to pass or fail a home, but only to give an objective description of its physical condition and from there, give suggestions on areas for repair or improvement or what items need maintenance or replacement.
How do you deal with mold in your home? Is it really a problem? When most people think of threats and health hazards in the home, the last thing they think about is mold. Some people, on the other hand, are terrified by mold.
This includes areas that are moist and humid such as basements, bathrooms, kitchens, and in walls moistened by leaky pipes. Mold could also grow on paper products, wood products, ceiling tiles, fabrics, and carpets. Always check these areas if they are moist or damp. Keeping surfaces clean and dry is the best way to prevent mold. It is advisable that bathrooms, kitchens, and laundry rooms have proper ventilation or if not, have an exhaust fan to vent the air outside since washing, cooking, and bathing can put moisture into the air. Attics and basements also need to be properly vented.
While you cannot totally eradicate mold spores from your home, regular cleaning, especially in areas with high humidity and moisture, will greatly lessen mold problems. The U.S. Environmental Protection Agency (EPA) recommends that you only deal with mold if the moldy area is less than 10 square feet. For larger affected areas, you may want to hire a professional mold removal contractor. Make sure that the people you hire are professionals. If the mold contamination is in heating ducts or other household systems, professional help is also required. When dealing with mold, avoid breathing in mold and mold spores. Use breathing masks, protective eye wear and gloves. Respirators are available in the hardware store for only $12-$25. While cleaning a room with molds, make sure to keep the area ventilated, open the windows or exhaust fans.
Exposure to mold may lead to serious health risks - the most common is allergic reactions. Symptoms may include sneezing, runny nose, itchiness in the eyes, and skin rashes. Molds may also trigger asthma attacks in asthmatics. Other illnesses associated with mold, though not yet proven, are: headaches, dizziness, memory loss, cancer, and pulmonary hemorrhage.
You should have already contacted your lender about the possibility of a mortgage modification. If that is not a possibility for you, then ask your lender for a short sale package. They will send you some paperwork to fill out along with a list of documents you need to provide. You can do this step on your own, or have your real estate agent request a package for you. In any case, you can begin gathering the information now with this basic outline of what is normally required. This step should be taken care of before you even list your property for sale so that your real estate agent will be able to submit an offer as soon as one is received. The short sale package must be complete and accompany any offer being sent to the lender for consideration.
You may own a house in Silver Lake and you now owe your lender more than the house is work, but that doesn't mean you automatically qualify for a short sale. Most people who bought property in Silver Lake and the surrounding areas during the height of the market are in that position. We can't all just decide we don't want to keep making our payments and expect our lender to take a huge loss.
