Residential Division

Serving Southern California Since 1987

PacificRealtors.net

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Home Sales
Pacific Realtors has the ability to consistently establish higher prices by effectively marketing your property. Upon engaging Pacific as your marketing agent, we will do the following:
  • Prepare an attractive, detailed marketing brochure which will include color photographs of the property plus a description of all important features and benefits. The brochure will be made available to the brokerage community and to numerous prospective buyers by means of mail, email, and frequent open houses.

  • Advertise your property on those websites that we believe will assist in generating qualified prospects.

  • Hold frequent open houses in order to expose the property to both prospective buyers and other real estate agents.

  • Place your property listing into the Multiple Listing Service. This will expose the property to hundreds of sales agents. The majority of sales in Southern California take place with cooperating brokers.

  • Mail "New on the Market" and "Open House" post cards to homes in the area in order to generate prospective buyers.

  • Place an attractive For Sale sign on the property.

  • Prequalify all prospective buyers in order to make certain that they will qualify for any required financing and that they have the cash available to perform.

  • Arrange new financing for the buyer, if requested.

  • Coordinate all inspections; corrective work, if required; and prepare all sales documents/escrow instructions.

  • Work with the buyers, escrow officer, property inspectors, title company, appraiser and any other parties involved in the sale, in order to expedite the closing.

  • Coordinate possession dates and complete the transaction in a timely manner.


Pacific Realtors strongly recommends that buyers and sellers of real estate always utilize the services of an independent escrow company licensed by the California Department of Corporations, and obtain title insurance for their protection. We do not recommend the use of controlled, non-independent escrow companies not licensed by the California Department of Corporations.



Advantages to using a RealtorŪ
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Referral Resources

Pacific Realtors receives the referral of buyers and sellers of homes, apartment buildings, commercial buildings, business opportunities, and land from our participation in the following national referral sources:

National Referral Agents

Christian Real Estate Association

Chinese-American Real Estate Association

Israeli-American Real Estate Association

Mexican-American Real Estate Association

Russian-American Real Estate Association

Arab-American Real Estate Association





Condominium Specialists Since 1987
When it comes to buying or selling a condominium anywhere in Southern California, you are in good hands when being represented by the real estate agents with Pacific Realtors. The licensed broker of Pacific, Michael Chulak, is a condominium association and real estate attorney, who provides supervision and training to all agents of the firm. In addition, Pacific Realtors is an affiliate of CoastManagement.net which has been providing homeowner association consulting and property management services to condominium association clients since 1987. Let us put our knowledge and experience to work for you.


Languages Spoken
Languages spoken at Pacific Realtors include English, Spanish, Mandarin Chinese, Hebrew, Arabic, Tagalog, Russian, and Wenzhounese.

We have a need for agents that speak Korean, Farsi, Armenian, Cantonese, Japanese, Portuguese, Vietnamese, and Italian.



Mentorship Program
All new real estate agents are assigned a mentor and receive extensive training both in the office and in the field. A knowledgeable, experienced, and financially successful senior agent will be available 24/7 to help you and will be available to meet with prospective clients in need of real estate services.


We Represent Buyers
If you are intending to purchase a home in Southern California, and feel more comfortable being represented by an experienced, qualified real estate agent that does not also represent the seller, you have found the right real estate brokerage firm. Pacific Realtors represents many buyers who prefer to be exclusively represented by a buyer’s agent as opposed to an agent who represents both the buyer and seller in a dual agency.


Consequences of Overpricing
When you decide to sell your property, one of the most important decisions you must make is your listing or asking price. While you don’t want to underprice your property, you should be aware of the following generally accepted statistics in the real estate industry:



Properties priced within 4% of the average of recent comparable sold properties have an 85% chance of selling within 90 days at fair market value.
   
Properties priced between 5% and 8% of the average of recent comparable sold properties have a 50% chance of selling within 90 days at fair market value.
   
Properties priced between 9% and 10% of the average of recent comparable sold properties have a 20% chance of selling within 90 days at fair market value.

When determining the listing or asking price of a property, owners should keep the following in mind:

What you paid for the property does not affect its current value;
   
How much you owe on the property does not affect its current value; and
   
How much cash you need to acquire your next property does not affect its current value.
   

Supply and demand factors determine the current value of all real estate. In short, property is worth what a buyer is willing to pay for it.

Establishing a listing or asking price that is more than 4% above the average of recent comparable sold properties creates the following risks:


Agents will not show the property to prospective purchasers because they fear losing credibility with their clients if they show an overpriced property;
   
Buyers seeking properties within a certain price range will never be exposed to the property. For example, a prospective buyer seeking a property valued between $450,000 and $500,000, may never be exposed to a property worth $500,000 that is overpriced at $525,000;
   
Your property will be used by agents as a comparable to help them sell other properties that are listed for sale;
   
Sellers that start high and stay high may be branded as unreasonable, causing agents and buyers to pursue other properties;
   
Many buyers hesitate to make offers on overpriced properties because they are embarrassed to do so;
   
Marketing time is extended causing some buyers to believe there is something wrong with the property;
When some buyers see a property on the market for a long time, they assume the buyer will be under pressure to sell. Consequently, they tend to make low offers.
   

Properties sell fastest and for the highest price when there are many real estate agents competing with client offers. Reasonable listing prices generate multiple offers.


Property Management and Leasing
CoastManagement.net, an affiliate of Pacific Realtors, provides property management and leasing services. Coast manages individual rental homes, homeowner associations, apartment buildings, and commercial properties.




How to Sell Your Rental Home to an Investor

Selling a home that is rented requires the seller and his or her agent to consider many factors that are not relevant when selling and delivering a property that will be unoccupied. The reason is that the seller, investor-buyer, and tenant have their own interests to protect and those interests may conflict if the sale is not handled by an expert. The various interests are as follows:

Seller

The seller wants to collect rent until the day of closing and does not want the tenant to give notice or vacate the property during the sales and escrow process. If the tenant vacates or gives notice, the seller may lose rent, will be required to return the tenant’s security deposit, pay certain costs in connection with the tenant moving, and deal with the investor-buyer who wants a rent paying tenant from the first day after closing.

Tenant

The tenant wants the assurance that he or she will not be asked to move out in connection with the sale, or if moving becomes necessary, that he or she will receive adequate notice and reasonable compensation. Absent receiving assurance from the seller that the tenant will be reasonably protected, the tenant will protect his or her own interests which usually means giving notice to vacate and looking for another rental home. Most tenants prefer to receive an extended lease from the seller before the property is offered for sale and the assurance that the property will be marketed to investors.

Investor-Buyer

The investor-buyer wants a tenant with a good payment history to stay in the property so that rent is earned from the first day after the close of escrow and costs are not incurred to get the property ready for another tenant.

Pacific Realtors represents both buyers and sellers of rental properties and manages rental homes through CoastManagement.net. We are constantly seeking buyers and sellers of rental homes and can assist you whether you are selling or buying. We are experts at handling investment home sales and 1031 Tax Deferred Exchanges. Let us put our expertise to work for you.




Caution – When Buying Real Estate
If a buyer has a living trust, it is extremely important that a home or other property being acquired be transferred to the living trust in escrow. If a property is not in the trust, the trust will not apply to the property, thus defeating the purpose of the trust. If you are buying real estate and do not have a living trust, you should have one created as soon as possible. A living trust avoids probate and saves money. Visit: Living Trusts and Estate Plans for information.


Our Gift - When You Purchase
Through Pacific Realtors
When you purchase your home through Pacific Realtors, Pacific will pay for the installation of a security alarm system in your new home located in Los Angeles County or Ventura County. We will also pay for the first year of monitoring when you sign your monitoring agreement with CoastSecurityServices.com, an affiliate of Pacific Realtors.



Divorce and Selling Your House
How to Avoid Costly Mistakes
The broker for Pacific Realtors, Michael Chulak, is an attorney with the law firm of Michael T. Chulak & Associates. The firm has attorneys who practice in the areas of family law, real estate law, and estate planning. Making the decision to sell your house before or after a divorce is sometimes a difficult decision that can be made easier when you have the ability to get answers to your legal questions. Do not hesitate to call Michael Chulak with any questions.



Buying Lender Foreclosures or REOs
Purchasing a home from a lender that foreclosed on the property may appear to present an opportunity and may, in fact, turn out to be one. However, there are risks attached to purchasing lender foreclosures, also known as REOs (Real Estate Owned).

Following are some things to consider before making an offer to purchase an REO:


A percentage of owners vandalize or sabotage the property out of spite before it goes back to the lender. While it is illegal and highly unethical, some leave scorched earth by doing the following:
   
Pouring concrete into plumbing fixtures and both interior and exterior drains;
   
Removing roof tiles, creating holes, and then replacing the tiles;
   
Cutting low voltage wires;
   
Fraying high voltage electrical wires in locations not likely to be seen such as attics;
   
Creating leaks in air conditioning condensation lines that can lead to water damage and mold; and
   
Damaging underground irrigation systems
   
Foreclosure homes are sold in "as is" condition by former lenders that never occupied the property. Consequently, you must rely on your own inspection to a much higher degree than when you purchase from someone who has been living in the property and is obligated by law to disclose everything that would effect prospect’s decision to buy or not to buy, and the price he or she would agree to pay.
   
Foreclosure homes are properties that no one purchased at the public foreclosure auction.
   
The cost of repairs must be paid with cash. You cannot include such costs in the loan amount.

If you decide to make an offer on a foreclosed property, you should hire a licensed general contractor to inspect the entire property before making a commitment. Caution is highly advised.





"As Is" Real Estate Contracts
An "as is" clause in a real estate purchase and sale contract does not insulate the transferor or seller from the duty to disclose defects or the requirements of California Civil Code 1102 et seq. "As is" language serves to give notice of patent defects and means that the buyer accepts the property condition which it is reasonably observable by him or her. If augmented by language indicating that the buyer is relying on his or her own inspection of the property, it may also relieve the seller of the duty to inspect for defects or to disclose matters that the seller should know but does not. Also, "as is" language in a real estate sales contract does not protect a seller from liability for fraud.

In California, sellers of residential real estate have a legal duty to disclose any facts materially affecting the value or desirability of the property that are known or accessible only to the seller and not known to or within reach of the diligent attention and observation of the buyer. (California Civil Code Section 1102 et seq.) Notwithstanding, sellers are not liable for latent defects in property of which he or she did not know about and had no reason to believe existed.

Transferors of residential real estate must provide purchasers with a Real Estate Transfer Disclosure Statement ("transfer disclosure statement"). Any attempt to waive this requirement is void as against public policy. This requirement applies to a sale, exchange, installment land sale contract, lease with an option to purchase, any other option to purchase, or ground lease coupled with improvements. Delivery of the transfer disclosure statement must be by personal delivery or by mail to the prospective transferee.

The transfer disclosure statement form includes the transferor's disclosure of information regarding all of the following:

The physical condition of the property;
   
The existence of hazardous materials or dangerous conditions;
   
Encumbrances on the property, including any encroachments;
   
Easements or other matters which may affect the other party's interest in the property; and
   
Lawsuits against the seller threatening to affect or affecting the property.
   

Transferors of residential property must also disclose to potential buyers, if applicable, that the property is in a natural hazard area, that the property is subject to a lien created under the Mello-Roos Community Facilities Act, or is subject to an assessment lien collected in installments to secure bonds issued pursuant to the Improvement Bond Act of 1915. In addition, cities or counties may require that sellers or their agents deliver to purchasers the Local Option Real Estate Transfer Disclosure Statement as set forth in the California Civil Code.




Insurance
For all of your insurance needs please contact Union America Insurance Agency. UAI can provide competitive quotes for homeowner insurance, automobile insurance, health plans, life insurance, business coverage, professional liability coverage, workers compensation, and much more.


Stock Cooperative (Co-op) Specialists Since 1987
When it comes to buying or selling a stock cooperative (co-op) anywhere in Southern California, you are in good hands when being represented by the real estate agents with Pacific Realtors. The licensed broker of Pacific, Michael Chulak, is a homeowner association, co-op and real estate attorney, who provides supervision and training to all agents of the firm. In addition, Pacific Realtors is a division of CoastManagement.net which has been providing homeowner association consulting and property management services to condominium and co-op clients since 1987. Let us put our knowledge and experience to work for you.


Exchanges & Equity Sharing
These programs can be customized for developers as well as individual buyers and sellers of properties. The management of Pacific Realtors are experts at structuring both trade and equity sharing programs.





I Want to Invest

Checklist for Buying a Condominum

Buy Real Estate with your IRA - 401K

Syndicators

Fire Safety Checklist

Local Public Schools

Animal Rescue Matching Funds








Take a Tour of Southern California
In creating this website, we have attempted to provide visitors with a short, educational, and hopefully an interesting tour of Southern California. In addition to a short description of each city or community included, we have provided information about National and State parks; community parks; hiking, biking, and equestrian trails; beaches; recreational opportunities; open space preserves; mountain peaks and views; local geology; equestrial facilities; significant community organizations; unique community assets; colleges and universities; golf courses and country clubs; performing arts theaters; cultural events; and more.

While we attempt to keep our “Tour of Southern California” accurate and up to date, please send us an email if you find that anything on our website is not 100% correct, or if you would like to suggest any additional information to be included.



Disclaimer
All information contained on this site is believed to be accurate, but is not guaranteed. Square footages are approximate and are based on developer’s plans, public records, or other sources deemed reliable. Owner modifications may have changed square footages after the original construction. There is no substitute for obtaining a current appraisal and verifying all measurements before buying any real estate.



Real Estate Broker License #01520337
All pages © 1999 - 2017 PacificRealtors.net





Areas Served:
Los Angeles County:

Acton, Agoura, Agoura Hills, Agua Dulce, Alhambra, Altadena, Arcadia, Arleta, Artesia, Avalon, Azusa, Baldwin Hills, Baldwin Park, Bassett, Bell, Bell Canyon, Bell Gardens, Bellflower, Beverly Hills, Bouquet Canyon, Box Canyon, Burbank, Calabasas, Calabasas Hills, Canoga Park, Canyon Country, Carson, Castaic, Century City, Cerritos, Chatsworth, Claremont, Commerce, Compton, Covina, Cudahy, Crystalaire, Culver City, Del Sur, Diamond Bar, Downey, Duarte, East Los Angeles, East Rancho Dominguez, El Monte, El Segundo, Encino, Firestone Park, Flintridge, Gardena, Glassell, Glassell Park, Glendale, Glendora, Granada Hills, Hacienda Heights, Hawaiian Gardens, Hansen Dam, Hawthorne, Hermosa Beach, Hidden Hills, Highland Park, Hollywood, Huntington Park, Industry, Inglewood, Irwindale, La Canada Flintridge, La Crescenta- Montrose, La Habra Heights, La Mirada, La Puente, La Verne, La Canada, Lake Hughes, Lake Los Angeles, Lake View Terrace, Lakewood, Lancaster, Lawndale, Leimert Park, Lennox, Leona Valley, Lincoln Heights, Littlerock, Lomita, Long Beach, Los Angeles, Lynwood, Malibu, Manhattan Beach, Marina Del Rey, Maywood, Mission Hills, Monrovia, Monte Nido, Montebello, Monterey Park, Mount Baldy, Mount Wilson, Newhall, North El Monte, North Hills, North Hollywood, Northridge, Norwalk, Pacoima, Palisades, Palmdale, Paramount, Pearblossom, Pico Rivera, Pomona, Quartz Hill, Rancho Dominguez, Rancho Palos Verdes, Rancho Park, Redondo Beach, Reseda, Ritter Ranch, Rolling Hills, Rolling Hills Estates, Rosemead, San Dimas, San Fernando, San Gabriel, San Marino, San Pedro, Santa Clarita, Santa Fe Springs, Santa Monica, Saratoga Hills, Saugus, Sherman Oaks, Sierra Madre, Signal Hill, South El Monte, South Gate, South Pasadena, Stevenson Ranch, Studio City, Sun Valley, Sun Village, Tarzana, Temple City, Toluca Lake, Topanga, Torrance, Tujunga, Universal City, Val Verde, Valencia, Valley Village, Van Nuys, Venice, Vernon, Walnut, Walnut Park, West Covina, West Hills, West Hollywood, West Los Angeles, West Toluca Lake, Westchester, Whittier, Wilmington, Windsor Hills, Winnetka, Woodland Hills.

Ventura County:

Camarillo, Channel Islands, Faria Beach, Fillmore, Moorpark, Newbury Park, Oak Park, Oak View, Ojai, Oxnard, Port Hueneme, Santa Paula, Saticoy, Somis, Simi Valley, Thousand Oaks, Ventura (San Buenaventura), Westlake Village.
 
 
 
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