Harb and Co. have been busy and we are ready to wrap up the first half of the year. Here’s what’s happening at the office:
Our listing at 1707 Monterey Road in South Pasadena will be closing soon.
This is one of those sought after Craftsman homes in the highly ranked South Pasadena school district. As this 1909 Craftsman has the original brick foundation, I thought an appraiser might make a special requirement. In addition, there is also a substantial amount of dry rot and I was fearful the loan underwriter might ask for a termite report and clearance. Because the home is being sold AS IS the buyer applied with three lenders – and ordered three appraisals. Not one of the appraisers seemed to be bothered by the fact that depending on the estimate – the house requires $40,000 – $80,000+ in foundation retrofit. One of the crazy things I have learned is that whatever I am most concerned about in a transaction never seems to pass…it’s always something else. This home sold in multiple offers and our buyer waived all contingencies – that’s one way to compete with cash buyers.
We are currently in escrow with parents of past clients on a Valley Village home. We love when clients refer their friends, family members and co-workers.
Our Burbank listing also sold quickly, in multiple offers and over asking price. The sellers had done a pre-inspection and of the ten offers, three buyers waived their inspection contingency. We are waiting for loan approval and then closing.
We sold a San Fernando Valley starter home to first time buyers. This buyer was referred by one of the lenders we work with. It’s a wonderful compliment when our service providers trust us with their clients.
I am looking for the perfect buyer for our listing at 5350 Jessen Drive, in La Canada. An interesting aspect of selling real estate is that we like some homes more than others. This nearly 7,000 square foot home is opulent yet comfortable and I love it more each time I am there.
We are preparing these new listings for sale:
2127 Via Venado Street, La Canada
This 3 bedroom, 2 bath home offers a floorplan for every lifestyle. Nestled on a quiet cul-de-sac, this home features a 2 car garage, circular drive and RV parking. Two additional large rooms off the garage offer many options: home office, workshop, gym, guest house, outdoor play room, man cave. The choice is yours and ready for your personal stamp.
5018 Fallhaven Lane La Canada
This 3 bedroom, 2 bath home is sited on a very large and private lot on a double cul-de-sac. Built for entertaining, this home boasts a large family room with wet bar, gazebo, sparkling pool and grassy yard. Additional features include a center island kitchen, and master suite with dual walk-in closets.