• Beware of Expensive Real estate.

    To be successful in real estate, you must always and consistently put your clients' best interests first. When you do, your personal needs will be realized beyond your greatest expectations.
  • From Our Real estate to Yours

    Real estate sales was perfect training for the experience to go into public life because you learn to accept rejection, learn to meet new people, learn to work with people and find common ground. That's the way you sell houses... that's also the way you win over constituency.

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Posted by: | Posted on: April 3, 2020

5 Eye-Catching Entryway Looks From Instagram, for the Days When We Can Entertain Again

Although you may not have had many guests floating through your foyer lately, that doesn’t mean you can’t spruce it up for the brighter days ahead.

Published


Although you may not have had many guests floating through your foyer lately, that doesn’t mean you can’t spruce it up for the brighter days ahead. It might also help to make yourself feel a little better in these unprecedented times.

Much like you, we find solace in beautiful decor; so, as always, we’re bringing you some of our favorite trending looks from Instagram, this week with a focus on entryways.

And even if stores are closed and most of us are self-isolating, you don’t have

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Posted by: | Posted on: April 3, 2020

These Mortgage Borrowers Will Be ‘the First Canary in the Coal Mine’ for a Coronavirus-Fueled Foreclosure Crisis, Regulator Says

Just before the coronavirus pandemic reached America’s shores, the U.S. saw the lowest number of foreclosure filings in over a decade. But the economic downturn the disease outbreak has since caused could lead many Americans into foreclosure, the regulator of Fannie Mae and Freddie Mac said.

During an interview with CNBC Wednesday, Federal Housing Finance Agency Director Mark Calabria warned that the U.S. mortgage industry could face significant strain in the form of delinquencies and foreclosures if the coronavirus emergency lasts for six months or longer.

“This fundamentally comes down to how long an event this is,” Calabria said.

“If this only goes on for two to three months and we see pop back in the economy and people are hired back to their old jobs by and large, then I think this will be something the industry can get through without too much stress,” he added. “But if this

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Posted by: | Posted on: April 2, 2020

SoftBank Reverses Course on $3B WeWork Buyout

Photo by Shutterstock.

SoftBank is not going to move forward with a planned $3 billion purchase of WeWork stock, citing closing conditions that have not been met as the reason.

“Given our fiduciary duty to our shareholders, it would be irresponsible of SoftBank to ignore the fact that the conditions were not satisfied and to nevertheless consummate the tender offer,” said Rob Townsend, SVP and Chief Legal Officer of SoftBank, in prepared remarks.

The unfulfilled closing conditions include, according to SoftBank:

  • The failure to obtain the necessary antitrust approvals by April 1, 2020;
  • The failure to sign and close the roll up of the China joint venture by April 1, 2020;
  • The failure to close the roll up of the Asia joint venture by April 1, 2020;
  • The existence of multiple, new, and significant pending criminal and civil investigations that have begun since the agreement was signed in October 2019,
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Posted by: | Posted on: April 2, 2020

Singer Michael Feinstein Slashes Price on Los Feliz Mansion by Over 60 Percent

Singer/pianist Michael Feinstein has had a tough time selling his mansion in SoCal. It’s back on the market for $10 million—62% off its original list price.

Published


The singer and pianist Michael Feinstein has had a devil of a time trying to sell his grand mansion in Southern California.

The golden-voiced singer of American standards initially listed his Tudor Revival-style mansion in the Los Feliz neighborhood in April 2018 for $26 million. As the months flew by, the classic residence popped on and off the market, with a number of price cuts.

Two weeks ago, it reappeared on the market for $9,995,000—a staggering 62% off its original list price.

But

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Posted by: | Posted on: April 1, 2020

Coronavirus Forcing Home Buyers to Scramble to Close Deals

Real-estate agents are rushing to help home buyers and sellers close pending house sales, as the pandemic poses unprecedented obstacles to a high-touch process traditionally done in person.

House hunting usually involves a lot of contact, from the initial tour or open house to the final inspections and appraisal. The official closing is often an in-person meeting with a notary or attorney who oversees document signings.

With the coronavirus pandemic bringing shelter-in-place orders, the real-estate industry has been compelled to find workarounds for every step of this process, often having to navigate local requirements and consumer anxiety.

Home sales are now closing in parking lots where attorneys pass documents through car windows and throw away pens after each use, said Leslie Turner, founding partner at Maison Real Estate in Charleston, S.C.

“Everything’s just stopped” in terms of new business, she said. “We’re just trying to get the properties that we

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