Thuy Le's (thuylerealestate) Blog

When is a $4.4M home a great value? When it is worth a while lot more. The word on the street is that this home already has 7 offers pushing the winning bid significantly OVER asking! What does this home have that is so immensely appealing… you decide and let me know if you wish to make an appoin...

There are few homes around that are as meticulously maintained from the 1910s as 454 South Windsor. This home known as the Windsor Estate is a vision of Mediterranean Revival sitting on 27000 sq feet; over half a acre, in beautiful Hancock Park. It was designed by Frank Meline, who was the archit...

When a buyer closes escrow on a home, they will sign a grant deed at the closing, then this grant deed will go to the County Recorder's Office for recording. A grant deed is defined as "the document which transfers title to real property or a real property interest from one party (grantor) to ano...

A buyer was about to close escrow on a property which is in close proximity to the 405 freeway and was not aware that the freeway was being widened. This info has been all over the news and yet this is a material fact that the seller and yes, agents, should have stated in writing in the various f...

DEAL of the WEEK. 2500 Tilden is home to two separate units. Each looks really terrific. The single family house is 2 bed and 2 baths and is netting $30,000 rent per year. The second building is a 2 story property and has 3 bedrooms and 2.5 baths and is netting $42,000. This is in West LA just so...

Los Angeles is by far one of the most exciting and diverse cities in the country. The plethora of neighborhoods and the sheer number of them create a gigantic pool of incredibly interesting options for the native Angeleno, newcomer, and tourist alike. Each area touts some significant differences ...

Will the newly renovated Santa Monica Place increase the city’s property values? Santa Monica Place is quite attractive and seems to integrate seamlessly with the Third Street Promenade. It features a collection of luxury retail stores, mass merchandise retailers, and specialty boutiques. The ope...

I was asked a question about foreclosures. Here is my take on them: Question: Are Foreclosures a good deal? Answer: They can be great deals for experienced investors. For most people who are looking for a first home to live in or a 2nd property for income, the considerations are different because...

You heard that a home around the corner is going up for auction and you are interested. An auction sounds interesting, maybe you’ll get a terrific deal…and pretty soon, you're thinking about living in that home already. It can be very exciting! It is (almost) every buyer’s goal to get a home for ...

Several months ago, my client stated that their home dropped 40% in value from purchase just 12 months ago. I was shocked! I asked them why did they think this? And they stated this was due to the research of online sites. We have all heard from one person or another who uses figures from sites t...