ASK AND YOU SHALL RECEIVE

Don’t be afraid to ask if you're buying and if you're selling give a little and get a lot…ie your home selling!!

Home sellers gave concessions to buyers in 45.5% of home sales recorded by agents during the three months ending February 28, up from 31.1% one year earlier. 

Concessions have become increasingly common because rising mortgage rates and stubbornly high home prices have caused many buyers to put their plans on hold, which has motivated sellers to throw in freebies to attract the buyers who remain. 

I am seeing sellers are offering to fund repairs, cover closing costs and pay for bidders to buy down their mortgage rates. The last several loans I have originated have all come with temporary buydowns paid for by the seller!

We deeply appreciate the trust and partnership you have extended to us. As some of the best realtors in Los Feliz and Greater Los Angeles, the Riley Real Estate & Home Mortgage team is dedicated to assisting you in discovering your dream home in the beautiful neighborhood of Los Feliz and surrounding Los Angeles areas.  We eagerly anticipate the opportunity to serve you in buying, selling, investing and mortgages and earn our reputation as a top realtor and make your real estate aspirations a reality.

Best,

Riley Schmidt