When Tom Barrack lost the bid for the Los Angeles Dodgers baseball team, he decided to a leap into one of his largest bulk foreclosure purchases. With contacts high above in the real estate industry, Barrack reached out to Fannie Mae and bid on their bulk for a $176,000,000 purchase.
JohnHart Real Estate
Contributor, designer & admin for JohnHart Gazette.
Keep Your Home California (Read the Fine Print)
The federally funded ‘Keep Your Home California’ Program will soon begin efforts to help distressed homeowners. The federal agency that oversees Fannie Mae and Freddie Mac has hesitated to approve the program passing yet sees this as a way to provide a sustainable mortgage payments.
Strategy For Your Next Elevator Pitch
With well over 10,000 real estate agents to compete with in LA, sellers and buyers are seeking prompt justification as to why they should pick you over the next Tom or Jane. If you ran into your dream client and had 5 minutes to make your point, how would you make it happen?
The Value Of Going Green
A local resident’s electricity bill in the Orange County is said to show she pays $0.91 per month after remodeling to conserve energy. Going green seems to have worked to her benefit as well as many SoCal homeowners.
JohnHart Food Drive in Support of the LA Food Bank
Join JohnHart and the LA Food Bank this Thanksgiving holiday season in support for . Donate non-perishable food items and help feed less fortunate families. Drop off locations are: JohnHart Glendale Office – 330 N. Brand Blvd. #130 Glendale CA 91203 Glendale Association of Realtors – 124 S. Isabel St. Glendale CA 91205 Hilton Hotel Glendale – 100 W. Glenoaks […]
A Checklist For Your Home Inspection
We have all learned the hard way that there a few very important items to be checked before closing escrow on your dream home. Making sure your home inspector is certified is the first part, and then comes your checklist. Sure, you’ve made sure you are clear of termites or any flood damage but there are details […]
Top Ten Things You Need to Know About the 3.8% Tax
Many of you have either received frightening emails or been caught up reading articles all over finance pages in regards to the 3.8% sales tax on investment income. Here are the top 10 items we have found necessary for you to be aware of once the tax goes into effect.
FHA Revised Rules
A bit of good news for the condominium buyers out there; the Federal Housing Finance Administration (FHA) recently revised its condominium certification rules, making it easier to qualify condominiums for FHA financing.
Real Estate Agent Celia Gallardo Pleads Guilty To Ponzi Scheme
If it sounds too good to be true….
High Tech ‘Smart Bra’ Could Help Detect Breast Cancer
What better time to announce the First Warning System, also known as the ‘Smart Bra’, than during Breast Cancer Awareness Month. Statistics show 1 in 8 women are victims to breast cancer it their lifetime; which is 1,000,000 women annual of whom 400,000 will die.