Judy Graff's sublime-to-the-ridiculous (well, mostly ridiculous) take on real estate for east San Fernando Valley and North Los Angeles communities. This includes Hollywood Hills, Burbank, Studio City and Toluca Lake real estate and homes for sale, and also covers Valley Village, North Hollywood, Glendale, Atwater, Sherman Oaks and other L.A. areas too. General news and musings as well.
Wednesday, November 16, 2011
Why my listing at 2007 N. 6th in Burbank must be purchased for cash
2007 N. 6th Street in Burbank needs to be purchased for all cash because it is a FIXER. Yes, there are some FHA programs and banks that will loan on fixers, but not one that's below minimum standards like this one. This house has been vacant for many years and needs way beyond the typical DIY coat of paint and new windows. So, do you know anybody with $485k in cash that wants a project?