tp://www.searchallproperties.com/openhouse/1271634/20121209/7560-Hollywood-Blvd-105-Los-Angeles-     Califorina 12/09/2012

Banks are agreeing to more short sale transactions, and short salesare taking less time to sell, which is helping to clear large inventories of distressed properties more efficiently, says James J. Saccacio, RealtyTrac CEO, in releasing new housing data this week. “This is a glimmer of hope that lenders are getting more realistic,” Rick Sharga, senior vice president of RealtyTrac, told Bloomberg News. “It’s a win for borrowers who avoid foreclosure, buyers who get a house in better condition and banks that lose less money, which is also a win for taxpayers.” During the second quarter, the number of homes nearing foreclosure accounted for 12 percent of total home sales, with banks agreeing to more transactions at prices below the outstanding mortgage balance, RealtyTrac reported in rele... 08/26/2011

7250 Franklin Avenue , Los Angeles, CA 90046 Franklin Towers Luxury full-service high-rise featuring 24-hour concierge, valet, pool, spa, sauna, steam room & roof-top gym. Year Built: 1964 No. of Units: 190 Unit Sizes: 1, 2 & 3 Bedroom units Record Sale Price: $1,280,000 (7/31/2007) Stewart Penn - Realtor for condos, lofts & single family homes in Los Angeles, Beverly Hills, Bel Air, Santa Monica, Malibu, Brentwood, Century City, Westwood, Beverly Center, Miracle Mile, West Hollywood, Sunset Strip, Hollywood Hills, Hancock Park, Sherman Oaks, Studio City and throughout the greater Los Angeles area. For further information, please contact: Stewart Penn - Realtor/Broker - "Condo Specialist" 05/18/2010