Answers by Andre Patatanyan

Hello , Yes so in most transactions their is title insurance which guarantees free and clear title which means no loans or liens on the property. So the proceeds of the home will go to pay off the home equity loan.

Hey Eric, I am a local in your area and I would have to see the property to give you an accurate evaluation. But range would be 1.3-1.8 for 3114 Malcom Avenue and 1.8- 2.4 for 3123 Malcom Avenue. You can reach out to me at (818)-681-2999 to get a more accurate valuation. That is just based on title I have no idea if you made the house bigger/smaller or the actual size and amenities.

The most important is to look into areas that money is being spent in. Realtors should know if there is a huge stadium or mall opening up in the area which both takes up real estate and boosts the neighborhood up. For example, in our area The los Angeles clippers are building a stadium and the rams have built one already. Prices in Inglewood which is the city it was built have skyrocketed and will continue to skyrocket because there is new development

I would advice you to work with a buyers agent if possible to get an offer in. It is important as a buyer to have your own representation and not fall into working with the sellers agent which is as you said working with the seller. Also, the agent will be able to better assist you because he will be able to get more information about what stage the current buyer is and understand if there is a chance if you submit.

Most likely seperate agents.