westwood homes open house august 26th, 2012

Cloud CMA

Buyer Tour

PREPARED FOR

Westwood Homes Open House August 26th, 2012

AUGUST 26, 2012

Scott McIntosh | Coldwell Banker | DRE Number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] |www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942

http://www.scott-mcintosh.com

mailto:[email protected]

http://www.thewestwoodblog.com

http://www.mapquest.com/?q=11999+San+Vicente+Blvd.+Suite+100%2C+LA+CA+90049

LISTINGSCloud CMA

Map of All Listings

MLS # Status Address Price

1 12603205 Active 10573 LE CONTE AVE, Los Angeles $3,795,000

2 12615479 Active 808 GLENMONT AVE, Los Angeles $3,195,000

3 12614123 Active 751 S BEVERLY GLEN BLVD, Los Angeles $2,695,000

4 12600635 Active 542 WARNER AVE, Los Angeles $2,649,000

5 12620549 Active 11200 HOMEDALE ST, Los Angeles $1,925,000

6 12619383 Active 1257 WOODRUFF AVE, Los Angeles $1,872,000

7 12609881 Active 1242 HOLMBY AVE, Los Angeles $1,699,950

8 12619353 Active 11072 CASHMERE ST, Los Angeles $1,689,000

9 12607389 Active 11214 HOMEDALE ST, Los Angeles $1,649,000

10 12604627 Active 235 BRONWOOD AVE, Los Angeles $1,299,000

11 12620415 Active 2205 PATRICIA AVE, Los Angeles $849,000






MLS#12603205

Cloud CMA

Property Details

$3,795,00010573 LE CONTE AVE, Los Angeles

Courtesy of Coldwell Banker-BH NorthLISTING INFORMATION

MLS#: 12603205 Beds: 6 Sq Ft: 6,429 List Date: May 29, 2012

Status: Active Baths: 5.00 Year Built: 1940 DOM: 89

FEATURES

Status details: Active; Zoning: LAR1; CDOM: 89; TB map code: 632C2; Appliances: Garbage Disposal; Floors:Hardwood,Marble,Stone (N); Cooling: Central A/C; Heating: Central Furnace; View: No View; Patio: Patio Open;Lotsize: 13372;

REMARKS

Mostly one story rebuilt/remodeled in 2004 Mediterranean in desirable Westwood / Little Holmby location. Main house has3bd 3.5 bath with "open living room" perfect for entertaining. Large open "cooks kitchen" with sitting area open to thepool~~~ Huge entertaining terrace in the front of the house with a 2bd 2ba guest house below, which is currently being used asamazing home office/conference room. Marble/Stone & hardwood floors~~~ beautiful surrounding gardens and landscaping. Aspecial home. OPEN HOUSE CANCELLED FOR 8-16-12

Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.


http://csmedia.mris.com/platinum/getmedia?ID=97633612527&LOOT=50045650620


http://maps.google.com/maps?q=10573+LE+CONTE+AVE%2C+Los+Angeles%2C+CA+90024

http://maps.google.com/maps?q=10573+LE+CONTE+AVE%2C+Los+Angeles%2C+CA+90024





MLS#12603205

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Courtesy of Coldwell Banker-BH NorthLISTING INFORMATION



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COMMUNITY

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Area Schools


School Type Phone Distance

Warner Avenue Elementary School Public/K-5 (310) 475-5893 0.27 mi

Sinai Akiba Academy Private/K-8 (310) 475-6401 0.46 mi

Fairburn Avenue Elementary School Public/K-5 (310) 470-1344 0.59 mi

St Paul The Apostle School Private/K-8 (310) 474-1588 0.83 mi

Marymount High School Los Angeles Private/9-12 (310) 472-1205 0.87 mi

Ralph Waldo Emerson Middle School Public/6-8 (310) 234-3100 0.94 mi

Global Montessori School Of WestwoodPrivate, Montessori/

PK,K1.27 mi

Westwood Elementary School Charter/K-5 (310) 474-7788 1.37 mi

El Rodeo Elementary School Public/K-8 (310) 229-3670 1.46 mi

Moreno High (Continuation) High School Alt./9-12 (310) 551-5100 1.63 mi

See more information on Los Angeles schools from Education.com.©Education.com, Inc. 2010. Use is subject to Terms of Service.


http://www.education.com/schoolfinder/us/california/los-angeles/warner-avenue-elementary/

http://www.education.com/schoolfinder/us/california/los-angeles/sinai-akiba-academy/

http://www.education.com/schoolfinder/us/california/los-angeles/fairburn-avenue-elementary/

http://www.education.com/schoolfinder/us/california/los-angeles/st-paul-the-apostle-school/

http://www.education.com/schoolfinder/us/california/los-angeles/marymount-high-school-los-angeles/

http://www.education.com/schoolfinder/us/california/los-angeles/ralph-waldo-emerson-middle/

http://www.education.com/schoolfinder/us/california/los-angeles/global-montessori-school-of-westwood/

http://www.education.com/schoolfinder/us/california/los-angeles/westwood-elementary/

http://www.education.com/schoolfinder/us/california/beverly-hills/el-rodeo-elementary/

http://www.education.com/schoolfinder/us/california/beverly-hills/moreno-high-continuation/

http://education.com


http://www.education.com/schoolfinder/us/california/los-angeles/





MLS#12615479

Cloud CMA

Property Details

$3,195,000808 GLENMONT AVE, Los Angeles

Courtesy of Prudential CA - Beverly HillsLISTING INFORMATION

MLS#: 12615479 Beds: 4 Sq Ft: 3,617 List Date: Jul 27, 2012

Status: Active Baths: 4/1 Year Built: 1928 DOM: 30

FEATURES

Status details: Active; Zoning: LAR1; CDOM: 30; TB map code: 632B2; Appliances: Dishwasher,GarbageDisposal,Refrigerator; Floors: Carpet,Hardwood,Tile (N); Cooling: Central A/C,Zoned A/C; Heating: Central Furnace;Pool: Private Pool; Roof: Tile; View: No View; Lotsize: 9007;

REMARKS

On one of Little Holmby's most preferred avenues is this warm and evocative Spanish home, uncommonly light and bright w/all its unspoiled original 1928 period details intact and gleaming. Stunning Living Room w/ a large, tiled fireplace, beautifulwindows including an arched picture window and bookcases. Den w/ a fireplace, window seat and French doors. Formal diningroom & breakfast room. The Kitchen, w/ its butcher block counter is the ideal host for cozy, bistro-style eat-in kitchen meals; itdoubles as a chef's prep and serve station. Powder Rm and Housekeeper's Suite or 4th Bedroom complete the 1st floor. Upstairs,the Master Suite is large and sunny and has a romantic porch. The garden, among the loveliest in the neighborhood, w/ itssparkling saline pool, natural-feeling landscape and many al fresco vignettes of entertaining spaces also is host to a rarity: a fullGuest House o...





http://maps.google.com/maps?q=808+GLENMONT+AVE%2C+Los+Angeles%2C+CA+90024

http://maps.google.com/maps?q=808+GLENMONT+AVE%2C+Los+Angeles%2C+CA+90024





MLS#12615479


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PK,K1.24 mi























MLS#12614123

Cloud CMA

Property Details

$2,695,000751 S BEVERLY GLEN BLVD, Los Angeles

Courtesy of RE/MAX Alliance GroupLISTING INFORMATION



FEATURES

Status details: Active; Zoning: LAR1; CDOM: 158; Spa: Bath Tub; Lot description: Room for a Pool (N); TB mapcode: 632C2; Appliances: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Washer; Interior: Intercom,Other; Floors:Granite,Hardwood,Marble; Cooling: Central A/C; Heating: Central Furnace; Roof: Shingle; View: City Lights View,TreeTop View,Other View,Any View; Patio: Patio Open; Lotsize: 14448; Acres: 0.33;

REMARKS

Immaculate Little Holmby Gated Estate, Walk to the Park, Manicure landscape Amazing park like setting, Sumptuous vastprivate grassy backyard, Circular drive, Attched garage, front gated courtyard. Great OVER-SIZED FLAT LOT. Presentlyfurnished as 4Bed/4Bath(full) - Remodeled - Delightful Gourmet kitchen, center Island, granite counters, limestone flr, Italianstyl custom cabinetry, Top of the line stainless steel built-in, Sub-zero,Wolf Range. Breakfast nook view of yrd. SpaciousLivingRm, Cntr piece FP, FamilyRm, Open Bar, 2nd FP, Built-in flat screenTV, DiningRm, Serving area. Inviting open flr pln,continues flow, light/bright. Wood flr. Recess lighting, Crown Molding, Sound systm wiring, French doors to DelightfulCalifornia Patio, BBQ & entertain. fruit trees room for pool. Master suite French drs to privt Patio/Balcony. Master Bath spa,marble stall shower, granit counter-tops, Cu...





http://maps.google.com/maps?q=751+S+BEVERLY+GLEN+BLVD%2C+Los+Angeles%2C+CA+90024

http://maps.google.com/maps?q=751+S+BEVERLY+GLEN+BLVD%2C+Los+Angeles%2C+CA+90024





MLS#12614123


Cloud CMA

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Courtesy of RE/MAX Alliance GroupLISTING INFORMATION



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MLS#12614123

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Beverly Hills High School Public/9-12 (310) 229-3685 1.43 mi


PK,K1.48 mi











http://www.education.com/schoolfinder/us/california/beverly-hills/beverly-hills-high/









MLS#12600635

Cloud CMA

Property Details

$2,649,000542 WARNER AVE, Los Angeles

Courtesy of Prudential CA - BrentwoodLISTING INFORMATION



FEATURES

Status details: Active; Zoning: LAR1; CDOM: 206; Spa: None; Lot description: Room for a Pool (N); TB map code:632C1; Appliances: Dishwasher,Dryer,Freezer,Garbage Disposal,Refrigerator,Washer; Floors: Hardwood; Cooling: AtticFan,None; Heating: Gravity Heating; Kitchen: Pantry; Roof: Composition; View: Tree Top View,Any View; Patio:Patio Open; Lotsize: 9626;

REMARKS

Classic Little Holmby Traditional. Redone to perfection, while retaining the charm of yesteryear.4br,3.5bth, family rm, andden/office, all with gorgeous hardwood floors, original moldings and custom windows. Elegant living room w/ high ceilings andromantic fireplace. Formal dining room wonderful for entertaining. Large eat in, professionally designed, cooks kitchenfeaturing Calacatta marble countertops, custom cabinetry by PJ Milligan,Wolf and Gaggeneau cook tops, sub zero, wine fridgeand pressed tin ceiling. Master has high soffited ceilings, custom fitted walk in closets, spa like master bath with Calacattamarble, and toe kick heaters.2nd bedrm has bath with chrome fitted claw tub/shower, 3rd bedrm leads to a private back patio.Lovely family room and den w/ custom built-ins opening to flagstone patio, leading to a manicured rose garden. Top levelboasts a large flat pad with r...





http://maps.google.com/maps?q=542+WARNER+AVE%2C+Los+Angeles%2C+CA+90024

http://maps.google.com/maps?q=542+WARNER+AVE%2C+Los+Angeles%2C+CA+90024





MLS#12600635


Cloud CMA

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Courtesy of Prudential CA - BrentwoodLISTING INFORMATION



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MLS#12600635

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PK,K1.57 mi






















MLS#12620549

Cloud CMA

Property Details

$1,925,00011200 HOMEDALE ST, Los Angeles

Courtesy of Gibson InternationalLISTING INFORMATION

MLS#: 12620549 Beds: 3 Sq Ft: 2,776 List Date: Aug 23, 2012


FEATURES

Status details: Active; Zoning: LAR1; CDOM: 3; Spa: None; TB map code: 631H1; Appliances:Dishwasher,Dryer,Freezer,Garbage Disposal,Refrigerator,Washer; Interior: Elevator; Floors: Hardwood; Cooling: CentralA/C; Heating: Central Furnace; Kitchen: Pantry; Pool: No Pool; Roof: Composition; View: Tree Top View,Any View;Lotsize: 9603;

REMARKS

Impeccable Westwood Hills House remodeled with the utmost style & class. An elevator rises from the garage into thisbeautiful home adorned with dark hardwood floors, crown moldings, recessed lighting & custom built-ins. The gourmetkitchen featuring marble counter tops, skylights & top of the appliances, flows into the dining room. There is a living roomwith an exquisite fireplace & large windows offering tree top views. Last, but not least, the master suite has a gorgeousbathroom & large walk-in closet. This is a true gem on a large lot!





http://maps.google.com/maps?q=11200+HOMEDALE+ST%2C+Los+Angeles%2C+CA+90049






MLS#12620549


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Courtesy of Gibson InternationalLISTING INFORMATION



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MLS#12620549

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COMMUNITY

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Area Schools



Brentwood School Private/K-12 (310) 476-9633 0.60 mi

Community Magnet Charter Elementary School Charter/K-5 (310) 476-2281 0.68 mi

Archer School For Girls Private/6-12 (310) 873-7000 0.72 mi

St Martin Of Tours Elementary School Private/K-8 (310) 472-7419 0.97 mi

John Thomas Dye School Private/K-6 (310) 476-2811 1.09 mi


Brentwood Science Elementary School Alt./K-5 (310) 826-5631 1.67 mi

Kenter Canyon Elementary School Charter/K-5 (310) 472-5918 1.72 mi

University Senior High School Public/9-12 (310) 914-3500 1.82 mi

St Sebastian School Private/1-8 (310) 473-3337 1.83 mi



http://www.education.com/schoolfinder/us/california/los-angeles/brentwood-school/

http://www.education.com/schoolfinder/us/california/los-angeles/community-magnet-charter-elementary/

http://www.education.com/schoolfinder/us/california/los-angeles/archer-school-for-girls/

http://www.education.com/schoolfinder/us/california/los-angeles/st-martin-of-tours-elem-school/

http://www.education.com/schoolfinder/us/california/los-angeles/john-thomas-dye-school/


http://www.education.com/schoolfinder/us/california/los-angeles/brentwood-science/

http://www.education.com/schoolfinder/us/california/los-angeles/kenter-canyon-elementary/

http://www.education.com/schoolfinder/us/california/los-angeles/university-senior-high/

http://www.education.com/schoolfinder/us/california/los-angeles/st-sebastian-school/








MLS#12619383

Cloud CMA

Property Details

$1,872,0001257 WOODRUFF AVE, Los Angeles

Courtesy of Teles Properties, Inc.LISTING INFORMATION



FEATURES

Status details: Active; Zoning: LAR1; CDOM: 10; TB map code: 632C2; Appliances: Dishwasher,Dryer,GarbageDisposal,Refrigerator,Washer; Floors: Carpet,Hardwood,Mixed (N); Cooling: Central A/C; Heating: Central Furnace;View: No View; Patio: Patio Open; Lotsize: 5965;

REMARKS

This 2 story 4 bd 3.5 ba home has had the hard work done for you with updates to the systems, kitchen, baths, landscaping &more while retaining original charming details. Living rm & dining rm each with fp & wood beam ceiling. Spacious familyroom w/custom built-ins opens through French doors to flagstone patio & private yard with sport court. Fantastic indoor/outdoor flow great for entertaining. Chef's eat-in kitchen has custom cabinets, caesarstone counters, Wolf range & Sub Zerorefrigerator. Oversized laundry/mud room off kitchen. Master suite with Zen bathroom + 2 add'l bedrooms w/jack n jill bath up& 4th bedroom w/bath down + pdr rm. A Must See!





http://maps.google.com/maps?q=1257+WOODRUFF+AVE%2C+Los+Angeles%2C+CA+90024

http://maps.google.com/maps?q=1257+WOODRUFF+AVE%2C+Los+Angeles%2C+CA+90024





MLS#12619383


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PK,K1.19 mi






















MLS#12609881

Cloud CMA

Property Details

$1,699,9501242 HOLMBY AVE, Los Angeles

Courtesy of LAMERICA LPLISTING INFORMATION

MLS#: 12609881 Beds: 3 Sq Ft: List Date: Jun 29, 2012


FEATURES

Status details: Active; Zoning: LAR1; CDOM: 58; Lot description: Walk Street; TB map code: 632C2; Appliances:Dishwasher,Freezer,Garbage Disposal,Refrigerator; Floors: Hardwood,Tile (N); Cooling: Central A/C; Heating: CentralFurnace; Roof: Tile; View: Any View; Patio: Covered Porch,Patio Open; Lotsize: 7211;

REMARKS

Presented by the Stewart-Gulrajani design team, this beautifully restored Spanish Colonial home is located in the heart ofWestwood. Recently updated with attention to the original detail. Features include large inviting foyer with arched doorways,tile flooring, carved doors, and wrought iron fixtures. Custom glass inlays. Gorgeous wood detailing is featured in the livingroom as well as on the exposed beams in the den. The den has a closet and can also be used as a 4th bedroom. Formal diningroom, fantastic updated kitchen, breakfast room. Home boasts three bedrooms, including a large master suite with walk-incloset and french doors leading to peaceful private backyard. Kitchen features Carrerra marble counter tops, tiled backsplash,custom cabinets and high end stainless appliances. Private backyard with two car detached garage.





http://maps.google.com/maps?q=1242+HOLMBY+AVE%2C+Los+Angeles%2C+CA+90024

http://maps.google.com/maps?q=1242+HOLMBY+AVE%2C+Los+Angeles%2C+CA+90024





MLS#12609881


Cloud CMA

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Courtesy of LAMERICA LPLISTING INFORMATION

MLS#: 12609881 Beds: 3 Sq Ft: List Date: Jun 29, 2012


Comments:











MLS#12609881

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Beverly Hills High School Public/9-12 (310) 229-3685 1.24 mi


PK,K1.29 mi











http://www.education.com/schoolfinder/us/california/beverly-hills/beverly-hills-high/









MLS#12619353

Cloud CMA

Property Details

$1,689,00011072 CASHMERE ST, Los Angeles




FEATURES

Status details: Active; Zoning: LAR1; CDOM: 10; Spa: None; TB map code: 631J1; Appliances:Dishwasher,Garbage Disposal,Refrigerator; Floors: Carpet,Hardwood,Tile (N); Cooling: Central A/C; Heating: CentralFurnace; Pool: No Pool; Roof: Composition; View: Tree Top View,Any View; Lotsize: 9169;

REMARKS

This beautifully polished Traditional on a prime corner lot w/ wonderful street presence has artfully landscaped front & backyards. Formal foyer. Nice circular floor plan. Formal living room w/ an exquisite, bay window, a fireplace framed by a carvedmantelpiece, built-in bookcases & detailed crown molding. Lovely formal dining room. The gourmet cook's kitchen has granitecounters and features top-of-the-line appliances. Open and informal eating area w/ a butler's pantry/wet bar. Warm andexpansive family room w/ beamed ceiling, stone wood-burning/gas fireplace, built-in bookcases & a bank of French doorsleading to patio w/ treetop views. Master bedroom has a walk-in closet, bathroom w/ marble counters, a separate glass-enclosedshower & spa tub. Guest qtrs, separate-Apt-style w/ its own address, gated entrance, bedroom, bath, patio, kitchenette & office.It can be used easily as a 3rd...





http://maps.google.com/maps?q=11072+CASHMERE+ST%2C+Los+Angeles%2C+CA+90049

http://maps.google.com/maps?q=11072+CASHMERE+ST%2C+Los+Angeles%2C+CA+90049





MLS#12619353


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MLS#12607389

Cloud CMA

Property Details


Courtesy of Deena WachtelLISTING INFORMATION

MLS#: 12607389 Beds: 3 Sq Ft: 2,517 List Date: Jun 16, 2012


FEATURES

Status details: Active; Zoning: LAR1; CDOM: 71; TB map code: 631H1; Floors: Hardwood; Cooling: Central A/C;Heating: Central Furnace; View: Landmark View,Tree Top View,Any View; Patio: Enclosed; Lotsize: 8016;

REMARKS

This MOVE-IN ready home features the best in California indoor/outdoor living. Don't be fooled by the front... this is a great,open and airy home that shows much bigger than it's 2500 square feet. With a large private driveway that brings you up tohouse level the home provides privacy from the street and neighbors without losing light and openess. All three bedrooms havetheir own private bathroom, plus there is a powder room for the guests! All of the bathrooms have been updated withoutloosing the home's original character. The kitchen is top-of-the-line featuring professional Viking appliances and a Sub-Zerorefridgerator / freezer. Private courtyard with access from den and living room provides additional outdoor living space plusthere is a large flat backyard in the back. This home is great for entertaining or simple family living. Don't miss this one!Warner Ave school d...











MLS#12607389


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Courtesy of Deena WachtelLISTING INFORMATION



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MLS#12607389

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MLS#12604627

Cloud CMA

Property Details

$1,299,000235 BRONWOOD AVE, Los Angeles




FEATURES

Status details: Active; Zoning: LAR1; CDOM: 83; Spa: Bath Tub; TB map code: 631H1; Appliances:Dishwasher,Garbage Disposal; Floors: Carpet,Hardwood,Tile (N); Cooling: Central A/C; Heating: Central Furnace; Pool:No Pool; Roof: Tile; View: Tree Top View,Any View; Lotsize: 7532;

REMARKS

Rustic, soulful 1930s Spanish w/ much of its original authentic details intact; carved wood beams, tiling, & wide-planked woodfloors. This magical three bedroom, two-and-three-quarters bath home has a rich and enchanting vintage aura throughout w/ asensible floor plan that lives like today. Formal entry with Spanish pavers opens to a lovely living room graced by a vaulted,wood-beamed ceiling and a cozy fireplace. There is room enough for two vignettes of furniture, one in the formal living spaceand a second in the library nook, compete w/ built-in bookcases. Formal dining room. A cook's kitchen w/ a center island,breakfast area and adjacent laundry connects seamlessly w/ a sunny loggia and a terrific family room. Accessed here is awonderful patio leading to a large grassy area. Downstairs there are two bedrooms, each w/ bathrooms. Upstairs is a master suitew/ lovely views, large c...





http://maps.google.com/maps?q=235+BRONWOOD+AVE%2C+Los+Angeles%2C+CA+90049

http://maps.google.com/maps?q=235+BRONWOOD+AVE%2C+Los+Angeles%2C+CA+90049





MLS#12604627


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MLS#12620415

Cloud CMA

Property Details

$849,0002205 PATRICIA AVE, Los Angeles




FEATURES

Status details: Active; Zoning: LAR1; CDOM: 4; TB map code: 632D4; Appliances: Dishwasher,Refrigerator;Floors: Carpet,Tile (N); Cooling: None; Heating: Central Furnace; Pool: No Pool; View: City Lights View,Any View;Patio: Patio Open; Lotsize: 5784;

REMARKS

Updated Traditional 3 bed/2 bath with ideal indoor/outdoor flow in the heart of Westwood! Living rm w/ fireplace & slidingglass door to back patio & yard. Sunfilled kitchen w/ newer gas range, refrigerator, ceramic tile flooring & access to patio. 3rdbedroom is located on separate side of the house w/ attached bathrm & sliding dr to backyd. 2nd bedroom w/ backyard access.Updated bathrooms, freshly painted, newly installed tile & carpet, central heating, dual pane windows throughout, & laundryrm w/ sideyd acesss. Attached single car garage. Spacious landscaped backyard with palm trees. Westwood Charter School.Move-in ready!





http://maps.google.com/maps?q=2205+PATRICIA+AVE%2C+Los+Angeles%2C+CA+90064

http://maps.google.com/maps?q=2205+PATRICIA+AVE%2C+Los+Angeles%2C+CA+90064





MLS#12620415


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Area Schools



St Timothy School Private/PK,K-8 (310) 474-1811 0.35 mi

Le Lycee Francais de Los Angeles-Century City ElementarySchool

Private/K-1 (310) 553-7444 0.46 mi


Overland Avenue Elementary School Public/K-5 (310) 838-7308 0.72 mi



Notre Dame Academy Girls High School Private/9-12 (310) 839-5289 1.02 mi


PK,K1.02 mi


Notre Dame Academy Elementary School Private/K-8 (310) 287-3895 1.09 mi



http://www.education.com/schoolfinder/us/california/los-angeles/st-timothy-school/

http://www.education.com/schoolfinder/us/california/los-angeles/le-lycee-francais-de-los-angel/

http://www.education.com/schoolfinder/us/california/los-angeles/le-lycee-francais-de-los-angel/


http://www.education.com/schoolfinder/us/california/los-angeles/overland-avenue-elementary/



http://www.education.com/schoolfinder/us/california/los-angeles/notre-dame-academy-girls-h-s/



http://www.education.com/schoolfinder/us/california/los-angeles/notre-dame-academy-elementary/








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Scott McIntoshColdwell Banker

DRE Number 01759826

Mobile 310-500-6107

Web www.scott-mcintosh.com

E-mail [email protected]

Blog www.thewestwoodblog.com

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INFOCloud CMA

The Homebuying Process

There are eight major steps you will take when you buy a home:

Get prequalified - Your lender will look at your income, credit scores, revolving debts, obligations such as child support as well asthe type of loan you choose. Other factors that impact how much home you can buy is the down payment; smaller down paymentsmean higher monthly payments. Last, the interest rate and terms (30-year, fixed or adjustable rate) will determine what you canafford in monthly payments.

Make your wish list - Decide where you want to live and how many bedrooms and baths you’ll need. Consider lifestyle -condominiums offer shared amenities, with little responsibility. Single-family homes offer more space and privacy, but much moreexterior and yard maintenance.

Hire a real estate professional - Your real estate professional should be expert in the area where you want to live and familiar withthe type of home you want to buy. Your agent has house-by-house experience in your neighborhood and can offer the best advice onhomes in your range.

Select your home - No home is perfect, so don’t let minor flaws influence you. Think long-term. Which home best suits theactivities and needs of your household now and in the years ahead? Don’t buy more than you need or can comfortably afford.

Make an offer - Your offer depends on the current market. If a home has been on the market a long time, you can ask the seller fora price reduction, but if it’s new on the market, the seller is unlikely to accept a low offer. Ask your real estate professional foradvice.

Get an inspection - A home inspection is a professional third-party opinion of the home’s condition. The inspector will point outthe age of systems, and large and small repairs that are needed, so you’ll know what you’re facing as the next owner.

Get an appraisal - The bank appraisal determines market value. If the home doesn’t appraise for the purchase price, the bank willrefuse to make the loan unless you renegotiate with the seller. If it appraises, the lender will move toward closing.

Go to closing - Once final negotiations are complete, the parties to the transaction meet at the escrow office. This could be a titlecompany, real estate attorney, or whatever is customary in your area. All paperwork is signed by both parties. The lender pays theseller, minus any liens against the home such as the seller’s mortgage. Once all the disbursements have been made, you get the keysto your new home, according to your agreement.

Congratulations! You’re ready to move into your new home.






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What Are Your Homebuying Goals?

With the dramatic rise and fall of housing prices over the last decade, consumers have new respect for homes as investments. Butthe flip side, is that your investment is still a home, one you’re likely to occupy for several years or more.

According to the annual Profile of Home Buyers and Sellers, compiled by the National Association of REALTORS®, the primaryreason buyers cite for purchasing a home is simply the desire to own, followed closely by the desire for more space, and a change inthe family situation.

For most people, buying a home is more about giving household members more comfortable living arrangements and putting themcloser to jobs, favorite activities, other family and friends.

What are your goals for buying a home? You might want a better home and neighborhood. You might want a different kind ofliving experience, such as moving from an apartment to a single-family home with a private garage and yard. Your family may begrowing, so you have to think about school districts and proximity to parks and other recreation.

If you’re not certain, you might think about what would change about your situation if you became a homeowner.

You’ll definitely be more established. If you’re like most homebuyers, you expect to stay in your new home about 10 years.

You’ll also build equity for yourself, instead of for someone else. Every payment you make, plus the rules of inflation will eventuallyallow you to recoup most if not all of your investment, or make a profit when you sell.

Affordability may also be an important factor for you. The combination of low interest rates and low prices allows you to buy morehome for the money. Rents are rising, making ownership more affordable than renting in many areas, especially when you factor intax incentives such as mortgage interest deductions and property taxes allowable as deductions against your income.

When you buy, make your goals long-term. Choose the home you think will serve your household’s needs the best for the longestperiod of time, as it’s been proven that the longer you own a home, the more equity you’ll build. Today’s market conditions andaffordability, make it more likely that you will reach your homebuying goals, no matter what they are.






INFOCloud CMA

How to Decide Which Home to Buy

Buying a home is a long-term commitment. The home you buy should be affordable, yet offer the size, features and amenities youand your family want.

Affordability

Your monthly payments should be comfortable for you to handle, in relationship to your total obligations, about 28% of grossmonthly income. Your house payment and your debts should not exceed 36% of your income, including revolving credit, studentloans, and child support.

You should also be in the correct loan for your needs. A fixed rate is more expensive, but offers more protection than an adjustablerate mortgage that can reset to a higher amount, making your monthly payments higher.

Also, consider the monthly operating costs of the home including utilities, HOA fees, landscaping, commuting, and other costs.

Location

Location is about convenience, and you’ll pay a premium to be closer to work centers, parks, shopping and transportation. You canbuy a smaller home, or you can buy a home in need of updates to get closer to where you need to be.

Think about your commutes to frequent destinations, including jobs, schools, family and friends. To get “more house,” you mayhave to move further away from core city centers.

Features

Make a list of must-have features so you can narrow your home search. A front porch, a two-car garage, hardwood floors, and eat-inkitchen can all add to the enjoyment of your home.

Just as important is how your home is designed. The number of bedrooms and baths should suit your household members, and thelayout should suit your lifestyle.

If you like to entertain, you should have plenty of dining space and storage for dishes and cookware. If you frequently work at home,you’ll need a home office or at least a quiet designated workspace.

Just make sure the home you choose allows room for your family to grow.

Talk to your lender and see what you can qualify to buy, then talk with your real estate professional about the home you have inmind. With professional guidance, you should be able to find and buy the home of your dreams, where you’ll be happy for a longtime to come.






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Making an Offer

Before you submit an offer, have your agent pull up the most recent sold comparables (CMA) within a reasonable radius of thehome, so you can compare the home fairly in terms of location, size, features, and amenities.

Next, ask your agent about market conditions, so you can choose a strategy.

• In a buyer’s market, discounts are common because there are fewer buyers, more properties for sale, and home prices are soft orfalling.

• In a seller’s market, homes sell quickly for full price or higher because there are plenty of buyers and few homes for sale.

Whether you are in a buyer’s market or a seller’s market, your goal is to buy the home at a fair price. If you were the seller, what isthe lowest possible price you’d accept?

Low-balling the seller is risky. If the seller feels insulted by your offer, you’ve lost the opportunity to negotiate. On the other hand,some sellers are simply unrealistic about their home’s value. Maybe your offer will be their wake-up call.

If the seller’s home is offered at a reasonable price, pay asking price or close to it. A home priced to sell will sell quickly. Is there away to sweeten your offer with a quick closing or an all-cash sale?

To show the seller you’re serious, include a copy of your lender’s pre-approval letter, along with a cover letter summarizing yourstrengths as a buyer in terms of creditworthiness, flexibility in closing, and why you love this home. Include a copy of yourcomparables to show why you feel your offer is a fair price for the property.

If your offer is conditional, such as your need to sell another home before closing on the seller’s, you’ll have to find a way to sweetenthe deal, such as a full-price offer. Few sellers would accept a discount and a contingency at the same time.

Your real estate professional will help you draft the offer with a price, estimated closing date and terms, including earnest money (aguarantee that you’ll perform as a buyer in good faith,) final approval by your lender and your right to have an inspection.

Once your offer is negotiated and accepted, your earnest money will be sent to the escrow agent's office. Now the inspections occur,and this is where the contract negotiations can break down.

During the inspection process, the inspector will tell you about the condition of appliances, heat and cooling systems, roofs,electrical and plumbing systems, etc, and if your future home is up to current city codes.

You should only renegotiate a repair when it wasn’t obvious before, or when a system is unsafe or not functioning.

Once the seller has agreed, your offer is now a binding contract, and you’ll proceed to closing.






westwood homes open house august 26th, 2012

Documents

active baths

active zoning

conte ave

holmby ave

patricia ave

glenmont ave

warner ave

woodruff ave