Highlights
A collection of news and information related to Real Estate Transactions published by this site and its partners.
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Biggest home sales of 2009 in the L.A. area?
It's not always easy to pinpoint the biggest sale of the year. Mega-million-dollar transactions can take place outside of the Multiple Listing Service, with the homes marketed by agents as "pocket listings." Other times, the buyer and seller work...Tags: Personal Service, DreamWorks Animation SKG Incorporated, Dining and Drinking, Real Estate Buyers, Alcoholic Beverages
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Hanks thinks big. Make that 'biggest'
There's "Big," and then there's big. Box office giant Tom Hanks has purchased the 14,500-square-foot Pacific Palisades home of veteran producers Kathleen Kennedy and Frank Marshall, according to area real estate sources.
The sales price is listed at...Tags: Crime, Law and Justice, Real Estate Buyers, Property, Real Estate, Academy Awards
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New HUD rules aim to get rid of closing cost surprises
Remember the bad old days of 11th-hour mortgage cost shocks and mystery junk-fee charges? Remember when the "good-faith estimates" your lender gave you upfront said closing costs would be about $2,000, but somehow they ballooned to $3,500 on the final...Tags: Consumers, Mortgages, Companies and Corporations, Homes, Insurance
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Legal battles over real estate transactions increase
When it comes to lawsuits, real estate agents and brokers tangle mostly among themselves. But disgruntled buyers or sellers who believe they've been so wronged that they are willing to spend the time and money to take their realty professionals to court...Tags: Crime, Law and Justice, Realty, Real Estate Buyers, Real Estate, Property
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If offer to buy seems fishy, the money might be illicit
If anyone approaches you with an offer to buy your house that seems even the least bit out of the ordinary, there's a possibility that the money for the deal is coming from illegal drugs, prostitution or some other aspect of organized crime. There are no...Tags: Crime, Law and Justice, U.S. Department of the Treasury, Real Estate Buyers, Real Estate, Property
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Start house-hunting now to qualify for tax credit for first-time home buyers
First-time home buyers had better get a move on if they hope to take advantage of the $8,000 federal tax credit. The window of opportunity is closing rapidly. To qualify for the credit, any transaction involving a first-time buyer must close before...Tags: Crime, Law and Justice, Real Estate Buyers, Holidays, Thanksgiving, Justice System
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Consumer agency could protect future home buyers and mortgage borrowers
Had there been a federal watchdog consumer protection agency on duty during the early years of this decade, could it have prevented the housing boom and bust that put millions of homeowners into foreclosure and sucked trillions of dollars of equity wealth...Tags: Realty, Real Estate Buyers, Real Estate, Homes, Economy, Business and Finance
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Complaints erupt about lowball home valuations
It's by far the hottest controversy in real estate this summer, and it could directly affect the value of your house -- probably negatively -- by tens of thousands of dollars. The issue concerns lowball valuations and the new rules guiding appraisers...Tags: Realty, Property, Homes, Economy, Business and Finance, Fannie Mae
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HUD scrutinizes 'admin fees'
Does it matter whether a real estate agent charges you a flat commission rate -- say 6% -- or quotes you a flat rate but adds hundreds of dollars on top of that as a separate charge labeled an "admin" or administrative fee? A top federal housing official...Tags: Consumers, Crime, Law and Justice, Laws, Contracts, Real Estate
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Real estate agents: They aren't all the same
When Bruce Hahn wanted to sell a portion of his Cedar Creek property in Virginia's Shenandoah Valley a few years ago, he listed the parcel with a local broker who offered his services as a "dual agent." And when the broker landed a would-be buyer, Hahn...Tags: Consumers, Real Estate Buyers, John Sullivan, Property, Real Estate
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Sony Pictures to stay in signature Culver City offices
Money & CompanySony Pictures Entertainment has signed a lease extension that will keep the studio in the Sony Pictures Plaza building in Culver City through 2016. Financial terms of the transaction were not disclosed, but a real estate broker familiar with the...... -
CalPERS changes management of $724 million in real estate
Money & CompanyThe California Public Employees' Retirement System on Monday announced that it had changed managers for $724 million in commercial real estate. Privately held CommonWealth Partners of Los Angeles replaced Hines of Chicago as manager of CalPERS' National...
Feb 12, 2010
|Story| Los Angeles Times
Feb 20, 2010
|Story| Los Angeles Times
Nov 8, 2009
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Oct 4, 2009
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Oct 18, 2009
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Aug 16, 2009
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Dec 20, 2009
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Jul 5, 2009
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Mar 21, 2010
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Aug 2, 2009
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Dec 10, 2010
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Jan 3, 2011
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