Christina Fischer
San Fernando Valley Home Sales - Christina Fischer Serving Our Communities with Concern and Dedication

READ THE SAN FERNANDO VALLEY REAL ESTATE BLOG

 

For some months the City Council has debated the benefits of returning responsibility for sidewalk maintenance to the homeowner.  Liabilities from trip and falls due to broken sidewalk is costly to the City budget.  Broken sidewalks are caused by the trees the City planted and can not maintain.  Consequently, they uproot the sidewalks and sometimes the driveways.  The city can maintain trees on a 20 year cycle at this point, due to an already strained budget.   While I do see city workers trimming trees in our areas, the trees they work on are usually medium sized and smaller sized trees.  The workers have said that their performance review is based on the number of trees they trim, and they can trim more trees if the trees are medium sized.  Therefore, the larger trees are left to tear up the sidewalks.  (Good Job!)

Currently, if a property owner who would like to trim a threatening tree, one must purchase a permit from the City (costly) and hire the crew (phenomenally costly).  One is not able to obtain permission or permit from the city to remove the trees and/or roots so that the sidewalk can be leveled and repaired properly. 

So, what does the City Council propose?  They just want to wash their hands of the maintenance and liability costs to the budget and return the liability of trip and falls to the homeowner.  One method to do so is a proposal for a "Point of Sale" ordinance, that requires a seller make damaged sidewalk repair prior to the close of escrow.  The seller must consider this cost when deciding to sell a property.  The buyer must assume the cost in short sale transactions, and may have to re-evaluate the actual value of the property.  The other proposal is yet-another-property-tax to property owners in the City of L.A. for sidewalk maintenance. 

If maintenance and repair responsibility passes to the property owner, and is required by law to be repaired, one must consider how the quality of repair work will affect the neighborhood.  Tar is cheap, but unsighly and does not eliminate the threat of further distruction from the existing roots.  We then need to have the city remove the roots so we can level the land and relay a sidewalk.  Also, there is new material for sidewalks we may want to consider, or we may want to consider that some neighborhoods could do without the sidewalks altogether.

If liability is to be assumed by the property owner, we need to look at  further limits on trip and fall awards as it applies to a property owner vs. The City.   If The City levies a new tax on property owners for the repair of city walks, will the tax actually be spent on the problem at hand, or will it once again be allocated to other priorities the City Council deems prudent?  Well, I could go on, but I think I've made my point.  Without a comprehensive plan for tree maintenance and sidewalk repair, it would be incompetent of the council to pass any laws regarding sidewalk repair.  And believe me, they are getting ready to do just that!

Contact your neighborhood council and planning commissions and ask them to contact the city council and tell them, do not pass an arbitrary ordinance for sidewalk repair until they have a comprehensive plan for this problem and present it to the public for consideration!

Find your neighborhood council, planning commission at:  http://done.lacity.org/dnn/Default.aspx

Find your city council at www.lacity.org/YourGovernment/CityCouncil

And please comment on this matter by the link above, "Read the San Fernando Valley Real Estate Blog."

(Next discussion will be on the general condition and upkeep of our neighborhoods)

 


San Fernando Valley Home Sales by Christina Fischer


Selling Your Home? 

 

This is a great market in which to sell your home because there is very little competition.  Many sellers believe that they can wait another year or two for the market to turn around, and then get more equity from their home to use as a down payment on another.  The truth is, we are at the beginning of a 7 to 15 year Residential Real Estate business cycle during which time Real Estate professionals in California expect to see homes appreciate. 

If you have a 20 year history of home ownership to draw upon, you know by experience that home values appreciate gradually, come to a plateau, then increase again; and finally, the market must decline again in order for growth to occur.  We are at the beginning of that growth cycle.  Waiting a year or two for your home to appreciate may defeat your ability to invest in a move-up home at the most affordable price.  

If you are moving up to a newer home, please heed my warning:  The more desirable homes located in an area that is considered a "move-up" area will appreciate at a greater rate than the home you own currently.  The effect of getting a little more equity in your current home will most likely not be sufficient to keep up with the rate of appreciation in "move-up-home" areas. 

If you are downsizing, you are in a similar situation.  You can take advantage of  the prices of homes in this market that will allow you to purchase at a price that is compliant with your new monthly budget.

As an experienced listing agent specializing in San Fernando Valley home sales, I will provide you with a professional assessment of your home, using factors such as market conditions (direction of the market, bank owned property trends and competition) evaluations, comparisons, and home improvements to help you determine the right listing price that will ensure your home sells at the best possible market price. 

 
Realtors® have known it for years – well-kept homes that are properly priced get the fastest sale for the best price!  Trying to get a price that is out of market thinking that you can negotiate with an interested buyer can divert otherwise would-be prospective buyers from any interest in your home.  And, sitting on the market for several months without a sale can cause your home's listing to go stale.  When a listing sits on the market for a couple of months, realtor's and the public begin to wonder, what is wrong with the home. 
 
On the other hand, preparing your home in a manner I use (with very high success rate), will sell your home at the highest possible price.
 
If you are considering selling you home, contact me for a free home evaluation or a Comparative Market Analysis (CMA) at no cost or obligation to you.  Then, I will fill you in on my winning marketing plan!
 
Christina Fischer | REALTOR® | Re/Max Olson | DRE# 01096691

818.298.6525
 
 
 
 
 
 

 


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