Monday, April 26, 2010

The Sanborn Team knows South Los Angeles

The Sanborn Team knows a thing or two about properties in South Los Angeles. For over 20 years, we have sold multiple properties in and around that area.

The following LA Times article caught our attention It talks about foreclosures in the area and investors who are buying the properties and flipping them within six months. What the article didn’t discuss is that there are other properties for sale in South Los Angeles, that aren’t foreclosures that are also getting a lot of attention from investors and “house flippers.” Such properties are Probate Real Estate Listings.

In 2009, we started to notice that the investors were back in the market after being very quiet for a couple of years, especially in the South Los Angeles real estate market. Every probate real estate listing that we have put on the market in South Los Angeles, has been swarmed by investors, contractors and developers. And what is more interesting, is that these properties have all had multiple offers and have all sold for over-asking.

The Sanborn Team has sold over dozen properties in the South LA area in the last year alone. And we currently have five accepted offers and two with a court date of may 4th! They go quickly and usually the buyers are investors.

So the bottom line is that it isn’t just foreclosures that the investors are buying in South Los Angeles, but it’s also probate real estate listings too! For over 30 years we have been selling and marketing probate real estate in the greater Los Angeles area. We aren’t your typical real estate agent who’s a “neighborhood specialist” but we are Probate and Trust Real Estate Agents that are up to date in every market place of Los Angeles.
For more information about the Sanborn Team, your trust and probate real estate specialists, and to view some hot probate listings, please visit our website at: