U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > U.S. Forums > California > Los Angeles
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 05-26-2008, 03:56 PM
 
1 posts, read 1,460 times
Reputation: 10

Advertisements

Hi, I'm new to this forum and also will be new to the city of LA starting in September when I start my job there.

I'm looking for advice from someone who knows anything about these foreclosure properties and how that whole deal works.

Say I found a property listing through one of the "Bargain Networks" sites (I didnt pay for access, I just did a search and saw some listings) and its a 1-bedroom 500 sq ft. condo in westwood and it says "default amount: $4,000"

DOES THAT ACTUALLY MEAN THAT I CAN BUY THIS PLACE FOR 4 GRAND???

And if I can, can I contact any realtor and talk to them about this ASAP???

Thanks so much,

Alex
Reply With Quote Quick reply to this message

 
Old 05-26-2008, 07:49 PM
 
Location: Las Flores, Orange County, CA
26,345 posts, read 84,701,631 times
Reputation: 17581
Quote:
Originally Posted by fradkin View Post
Hi, I'm new to this forum and also will be new to the city of LA starting in September when I start my job there.

I'm looking for advice from someone who knows anything about these foreclosure properties and how that whole deal works.

Say I found a property listing through one of the "Bargain Networks" sites (I didnt pay for access, I just did a search and saw some listings) and its a 1-bedroom 500 sq ft. condo in westwood and it says "default amount: $4,000"

DOES THAT ACTUALLY MEAN THAT I CAN BUY THIS PLACE FOR 4 GRAND???

And if I can, can I contact any realtor and talk to them about this ASAP???

Thanks so much,

Alex
They're asking $8/sqft.

I'd try to bargain them down to $3750 or something; it's only Westwood.
Reply With Quote Quick reply to this message
 
Old 05-26-2008, 07:55 PM
 
Location: Woodland Hills, CA
106 posts, read 354,933 times
Reputation: 55
Quote:
Originally Posted by Charles View Post
They're asking $8/sqft.

I'd try to bargain them down to $3750 or something; it's only Westwood.
Isn't $8 /sqft the going rate for Beverly Hills?
Reply With Quote Quick reply to this message
 
Old 05-26-2008, 08:06 PM
 
48 posts, read 176,690 times
Reputation: 13
Yeah, try for $6 per.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > California > Los Angeles
Similar Threads
View detailed profiles of:
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top