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  • Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from LaMonica Group, a proven Encino, Tarzana and Woodland Hills, California NUMBER1EXPERT™ Top Selling real estate agent.

  • Find Encino, Tarzana and Woodland Hills Homes - Find Encino, Tarzana and Woodland Hills, California real estate listings & homes for sale provided by LaMonica Group, your local expert real estate agent.

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Real Estate Tips
Disclosure Laws >Avoiding Delays During Escrow

Unforeseen problems can arise during escrow, and closing dates are never set in stone! Lenders, appraisers, title attorneys, credit check services, or anyone who is involved in the transaction could potentially delay a closing. Stay in close touch with your real estate agent, who will notify you of deadlines and help you deal with delays.

Well-written sales contracts are the key to avoiding problems during escrow. For example, provisions can be included in the agreement that require the buyer to provide evidence of sufficient funds for down payment and closing costs, or to present proof of the ability to obtain homeowner's insurance. Because of new restrictions on insurance policies, the mortgage lender may require insurance before funding the loan.

There is also a section in the sales contract wherein the seller makes a warranty to the buyer of the condition of the property. It is important to make sure that this clause is modified to reflect the seller's transfer disclosure statement. If this is not done, the seller could be required to repair items that are found to be dysfunctional or faulty, and this could add time to the escrow period.

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Real Estate Trivia
Q 
What U.S. state is home to the world's richest woman?

A 
Alice Walton, daughter of WalMart's founder and heiress to $16.5 billion, lives on a ranch in the state of Texas.
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LaMonica Group, REALTOR®, real estate agent and broker for Encino, Tarzana and Woodland Hills, California home listings, property and land for sale - NUMBER1EXPERT(tm)

LaMonica Group
RE/MAX Grand Central

18946 Ventura Blvd.
Tarzana, CA 91356
818.995.8201
Fax: 818-332-1247
Info@LaMonicaGroup.com

The LaMonica Group demonstrates strong ethics, wisdom, and concern. Their experience with real life situations and with people has given them a wonderful common sense approach. Combined with their strong negotiation skills, they are a valuable resource in helping their clients meet their goals

The LaMonica Group is dedicated, experienced, and market savvy and in today’s market isn’t that exactly what you need?

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