New Choice Contractors is your support team for Short Sales and REOs.
West LA fire expected to cost millions in damage
12 people are injured and over 100 tenants relocated after a fire on the 11th floor of the high rise at Wilshire and Barrington. Because this building was over 52 years old it was not equipped with a fire suppression system. Don't let this happen to your building, make sure you are ready for anything, more information on the fire at The LA Times.
Loft Conversion
Check out the photos of a recent loft conversion we had in the Highland Park area. This master bath is something we are very proud of. Photos here.
Who are they hiring?
Check out this new article from the Huffington Post about contractors hired by Banks and REO service companies that are negligent and sometimes criminal. Make sure you know who you are hiring.
Article Here
Article Here
Facilitating your short sale!!
New Choice Contractors has been instrumental in many successful short sale negotiations.
There is no secret in our success; We know the critical items that make negotiators reconsider their price point.
We meticulously investigate major of component of the buildings from mechanicals to, foundation / structure to site & health safety issues. We evaluate codes and local ordinances that negatively affect the value.
We have support of structural engineer and other specialty trade for back up.
Often, the important traits of a property are not provided, leaving negotiators with an incomplete picture of the property.
There is no secret in our success; We know the critical items that make negotiators reconsider their price point.
We meticulously investigate major of component of the buildings from mechanicals to, foundation / structure to site & health safety issues. We evaluate codes and local ordinances that negatively affect the value.
We have support of structural engineer and other specialty trade for back up.
Often, the important traits of a property are not provided, leaving negotiators with an incomplete picture of the property.
So you're in REAP, but how do you get out?
At New Choice Contractors, we have navigated through the process and secured many properties out of REAP over the years successfully. We are very familiar with the process, we know the codes and what the inspectors are looking for. Fire and health and safety violations are usually the main concern of most citations. We have a trained staff who know how to rectify code violation issues in REAP.Rent Escrow Account Program Removal Process
- Los Angeles Housing Dept. needs its inspector to sign off on the property.
- A 3rd party non-profit orgainization will re-inspect the property to double check the corrections and any new items that may have come out during this time and, once satisfied, will report back to the LAHD
- Then, LAHD will check with LA Dept. of Water and Power to see if there is any past due delinquencies. The account must be current before you can schedule a case with the City Counsel
- Once all the agencies give their "OK" you can schedule a case with City Counsel
- When the case is approved for removal by the City Counsel letters will go out and the account and rent reduction are terminated 30 days after the notice of removal.
If your property is in REAP don't delay, call New Choice Contractors for a free assessment.
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