Woodland Hills Blog

Rants and raves on Real Estate, Woodland Hills, and Parenthood

Hot off the presses—nothing overlooked today November 15, 2010

Filed under: Uncategorized — danafrank @ 2:27 pm

So excited to bring you this one!! I assure you it will NOT be part of my “overlooked” homes series anytime soon. 

20332 Aetna, Woodland Hills ( Carlton Terrace).  3 bd, 2 bth, 1430 sq ft. Pool $459,000

I know this house really well.  It was on a the market as a short sale for a LONG LONG TIME- tons of offers, nothing worked out.  For all of you watching HGTV who think that a short sale is simply a matter of time…think again! But thats a rant for another day.  Anyways, after years as a short sale, this totally adorable house is now bank owned ( REO) and can be SOLD!!  First of all, its one of the earlier stages of the Carlton Terrace tract.  What does this mean to you other than its OLD?  Well, its on a raised foundation, has hardwood floors, and tons of vintage ranchy charm.  Most Carton Terrace homes are on a slab with no hardwood floors and are totally devoid of any inherent charm ( charm must be infused by each individual owner). So this little Aetna house is a gem.  Wide open floorplan with walls of sliders on the back.  It has the feel of a vacation house–all bright and airy.  The master is on the front of the house with 2 closets, a row of built in shelves and a retro pink bathroom.  The house is not updated cosmetically, but it is SUPER clean and ready to go.  Iam willing to bet that it will sell within a week.

A small rant…..

Ok, so I have one more thing to add that is not directly real estate related, but happened to me while I was previewing the above mentioned house.  Looky loo neighbors( which I love ofcourse because thats the bread and butter of my business) came to look at the above mentioned house while I was there.  They went on and on about the previous owner.  How she had dismissed rediculously high offers in the past and other nasty comments. It almost seemed like the neighbors were happy that she lost her home.  As if she got what she deserved just because she had said NO to previous offers.  I personally did not know the woman that lived there, but Iam certain that the neighbors only knew her a tad more than I did.  Certainly does not give them the right to judge. It got me to thinking.  Perhaps it made them feel better to think that she could have avoided the foreclosure were it not for her greediness and bad decision making. Decisions they, ofcourse, would never make.  We never hear of sellers passing on offers or being unreasonably greedy—never…you would never do that, right? Anyways, after the little negative tirade, I tried to lighten the mood by saying how cute the house is, and how its so unusual to have a raised foundation with hardwood floors…blah blah, real estate talk, blah blah. You get the picture.  To my surprise, I get the following: “uhh…you are wrong.  All the homes on this street are just like this one.  Remember, we live here so we know all about it”.  Ofcourse, I politely extricated myself from these oh so nasty people and left with one conclusion—they are living in a bubble.  Only in a bubble would you put ALL the blame on a homeowner for losing his/her home.  Only in a bubble would you think that you are insulated from the same fate.  Only in a bubble would you disagree with a realtor who has sold over 45 homes in your tract and knows damn well that most Carlton Terrace homes are on a SLAB AND NEVER HAD ORIGINAL HARDWOOD FLOORS!!

As always, keep in mind that these blogs are just my opinion and not a statement of fact.  Have a great day.

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