Construction projects can be messy affairs with numerous setbacks. Strong construction projects will allow for contingencies and give all parties flexibility to complete the project as quickly as possible. In some cases, however, contractors may fail to live up to their contractual obligations or materially breach their agreements. If these breaches result in losses, you may need to pursue litigation to recover commensurate compensation. A contractor dispute may also result in a mechanic’s lien being placed on the property if the conflict involves alleged non-payment. Our firm can help you explore your legal options in these and other scenarios.
When a business falls seriously behind in making loan payments, the lender may choose to foreclose. Foreclosure is typically a protracted process, and it can become even more complex when commercial property is involved. Our firm can represent developers and landowners in foreclosure proceedings. We also can assist business owners with foreclosure avoidance options, including loan workouts and modifications.
North Kings Road, Unit 218West Hollywood, CA 90069
On Episode 25 we get an update on the mortgage market with Natalie Salins from Movement Mortgage. We also have a special guest interview with Real Rockstar Agent and bass player from Vixen, Sharon Ross. On Episode #34 we have a neighborhood spotlight on Highland Park. We also take a deep dive into inspections with Part Two of our interview with master inspector Chris Rippy. He has many years of experience in and is intimately familiar with this market.
Despite the competitive market, savvy investors can still find opportunities, especially when capitalizing on rebound neighborhoods. Real estate investing in such areas may offer better potential returns as the market continues to adjust to local and global economic shifts. The key is identifying locations where demand is likely to increase, either due to planned developments or shifting demographics. In January 2024, the Los Angeles County housing market saw a median sold price of existing single-family homes at $833,000. This represents a month-to-month price change of -2.4% and a year-to-year increase of 7.0%. Despite the uptick in average prices over the year, the market experienced a significant sales decline with a -17.1% change from the previous month.