Memorial Weekend May 2012 VNSO Sherman Oaks Park Music

Sherman Oaks Music in the Park Memorial Day 2012Come visit the event to be at, to be seen at, to be heard at in Sherman Oaks this Memorial Day at the VNSO Park.  Music in the Park May 27, 2012 Sunday 4 pm – 6 pm.

At 14201 Huston Street, Sherman Oaks, 91423 (Just North of Riverside, West of Hazeltine)

Featuring Horace Heidt’s Big Band Foundation, Addmission is free.  This is a very speical tribute to American Legion Post 193 as well as all the others have served protecting America’s way of Life!  For more information call 818=995-6827.

Be sure to bring a blanket or lawnchair for this evening of great music, dancing, even a dance contest leading up to a cermony to honor our war veterans on the Memorial day 2012 at the VNSO Park.


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10752 Hortense Avenue Open Sunday

Toluca Lake Open House Sunday May 20, 2012 2-5pm

Great Toluca Townhouse for sale at 10752 Hortense call Blair 818-414-4144

Great Toluca Townhouse for sale at 10752 Hortense call Blair 818-414-4144

10752 #2 Hortense Avenue, Toluca Woods CA for Sale

2 Bedroom 3 Bathroom, 1,502 Sqft, Private Garage

Custom designed luxury townhome in famed Toluca Lake! Newer custom design feels like you stepped from the pages of Architectural Digest.  Continue reading

Obama to Visit Clooney Party at Studio City Home

Word has it that President is slated to visit the Studio City home of George Clooney on May 10, 2012 to attend a party.  This could have far reaching affects on Studio City and the surrounding areas of Hollywood, Sherman Oaks, Toluca Lake and even Beverly Hills.  The largest impact possible is the complete closure of the twisty turny hilly Laurel Canyon Boulevard, the major artery thru the canyon between Hollywood Hills and Studio City.  Of course this will put extreme pressure on Coldwater Canyon and Beverly Glen which pass between Beverly Hills and Sherman Oaks.  Other impacts will be a complete no fly zone over the area as well as shutting down the Fryman Canyon walking path as well as the parking lot at the bottom of that park which may be used for one of the security staging areas.  It is sure that secret service will be crawling all over the very tony Fryman Canyon Area as well as all the surronding areas.  Judging from past visits from the President this could have impacts on nearby 101 freeway as well as the storied Mulholland Drive which has scenic overviews of both the San Fernando Valley as well as the “West Side”.

Short Sale Tax Relief In Sherman Oaks & Studio City

Many homeowners who are in distress with underwater mortgages are taking the path of the short sale process to get out from under their mortgage.

In the sales process the real estate agent, the negotiator and the owners lender come together to facilitate the sale of the house to a new buyer.  All is well and good with the house being sold, the new buyer living in the house and most important of all the seller moving on with their life after this tramatic experience.

But low and behold the seller gets an envelope in the mail with another frightening IRS form 1099, Miscellaneous Income Form.  Continue reading

Short Sales and Loan Modifications In Sherman Oaks

There are many homes that are “underwater” in the local Sherman Oaks, Studio city home market.  Underwater meaning that the owner of the house owes more than the house is currently worth for sale with a Real Estate Agent.  Essentially, there are 3 different solutions for this situation. Continue reading

St Francis Festival 2012 “Its Outta This World” in Sherman Oaks

May 4, May 5 & May 6, 2012

 

The annual Festival weekend at Sherman Oaks own St. Francis De Sales is just around the corner. 

Come for “The Biggest Little Fair in the Valley”.  Enjoy a Great Family atomosphere with Carnival rides and Games, Fireworks, an exciting Live Auction as well as the always enticing Silent Auction.  Great Food, Great Games and Live Entertainment.   Local food vendors make the culinary appeal unique.  All proceeds are used to cover education programs at the St. Francis De Sales k-8 school.  Admission is free as well as free Parking.  This is a local Sherman Oaks tradition drawing community members from all around. 

 

The theme for this years festival is “It’s Outta This World”


VNSO Park Fair in Sherman Oaks April 2012

Starting April 27, 2012 there will be a fair and carnival in the VNSO park.  The proceeds will be used to directly benefit the park and recreation center and to support the many programs that are offered there.  There will be carnival type rides, food trucks, live music and many other family fun type events.  It takes place near the east parking lot off Hazeltine just south of Magnolia.  The hours of the carnival at Van Nuys Sherman Oaks Memorial Park are Friday April 25, 5 pm to 10 pm then Saturday April 26 and Sunday April 27 from 12 noon until 10 pm.

Tickets are going to be per ride or you can purchase day passes for $20 in advance or $25.  Be sure to come out and support all the great things that the park does at the pool, the tennis courts, the soccer and baseball fields as well as the fully accessible Shanes Inspiration Playground as well as the gym spaces and East Valley Senior Citizens Center.

The VNSO park is a great place to exercise in just about any way you desire.

Realtor, Blair Thompson, spend many hours at this Sherman Oaks park himself rubbing shoulder with the local residents in his neighborhood.  His home is close to the park so he loves being in the midst of his community. He hopes to see you there this weekend.

 

Local Sherman Oaks Information

As a Realtor and homeowner in the Sherman Oaks area it is important for me to keep informed about the most pertinent and current local news and happenings.  I find that one of the best sources I have found for the local flavor is the Sherman Oaks Patch .  This site seems to be a nice combination of newspaper, blogsite as well as a local resident forum to desiminate information.  I am signed up to receive certain email alerts that they issue as well as a daily summary.  I often find that they notify me of newsworthy events before the radio or TV news as they take input from community members.  I also find that they have other realtor open houses listed on their site.  There is some kind of affiliation among the other communites that have similar “Patch” sites for Studio City, as well as Encino.

Status of Sherman Oaks Housing Market

The #1 question that I, as a realtor am asked, is how is the local Sherman Oaks housing market.  The simple answer is “mixed”.

Some indicators show that foreclosures, shortpays, and other distressed homes for sale are pulling down the value of standard home sales.  However, there are other factors such as a very low inventory, short marketing times, and historically low interest rates which point to a sellers market. Continue reading

BOA Pilot Program May come to Sherman Oaks

These are some of my favorite video bloggers that have a daily blog covering mortgage and real estate related content.  They can be very wacky but they take some pretty dry content and make it interesting.  This particular post talks about a pilot program that Bank of America (BOA) started a while ago.  It has gone so well that I hear from several different reliable sources that they are going to expand it into a full blown program and particularly here in the Southland.  And the rumor is that many other lending institutions will follow suit. Watch the video then read my thoughts below! (you can jump to about 40 seconds in for the meat of the video)

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The only change I have heard to their description is that BOA plans to hold on to the properties rather than selling them in bulk.  This would make it so that they get their treasury dollars based on todays deflated value, and then would sell it to the then renters in   3 years for a higher price when the market has stabilized.   Continue reading