Darryl Lutz Rodeo Realty

Darryl Lutz Rodeo Realty Darryl has been an active Realtor specializing in REO/ Foreclosure and conventional Real Estate since 2000.

He maintains a strong ethic, and continues to provide excellent, knowledgeble and efficient advice while guiding clients along through their Real E

5500 Owensmouth Ave Woodland Hills Lease $2300. Min. 1 year.Amazing 2+2 , granite countertops, remodeled, amenities to i...
03/07/2020

5500 Owensmouth Ave Woodland Hills
Lease $2300. Min. 1 year.
Amazing 2+2 , granite countertops, remodeled, amenities to include gym, pools, walking distance to restaurants And Westfield Mall, Orange Line...
Contact Darryl for showings (310) 592-1544

In 2000 I started in REO/foreclosure. I called East coast banks at 5am, before Zillow, before realtor.com, before phony ...
08/15/2019

In 2000 I started in REO/foreclosure. I called East coast banks at 5am, before Zillow, before realtor.com, before phony internet real estate agents, before complete transparency of the real estate...
My first bank BankOne gave me a shot, which gave me experience and knowledge only gained by learning the business from the inside.
I sold for Countrywide, Fidelity, Old Republic, Fannie Mae, to name a few.
Then the internet hit-big. Suddenly everyone was an expert, we didnt have to develop 1 hour photos and DHL BPO's overnight to our banks...we got lazy.
Today the two-year treasury yield bond inverted...this along with the rapid job growth, strong economy, and the fed cutting the interest rate all points to the cyclic correction we see every 10-12 years.
We are seeing 10 year libors coming due...
Skyrocketing home prices...
And the start of what will be our next RECESSION.
If you were thinking about selling, now is the time. If you were thinking about.buying...slow down and wait 6 months-thank me later.
If you need a REAL Real estate Professional,
Contact me for an appointment, 20 years selling REO can take any paper-tiger cyber-agent down in a few words...
Darryl Lutz
Senior REO Specialist
Rodeo Realty
CaBRE #01265942
(310)592-1544

I get asked often about having a pool in the backyard, in The San Fernando Valley. People who are looking for homes say ...
04/04/2019

I get asked often about having a pool in the backyard, in The San Fernando Valley.

People who are looking for homes say the value of their purchase is higher with a pool...which is true, they can enjoy having great parties and BBQ swim days...which is true, and during scorching 100 degree summer days, they can just hang out and swim to cool off...also true!!!
However...
As a pool owner for 15 years, the agent who has no personal knowledge of owning a home with a pool, cannot give a realistic scenario of the actual pros and cons of having one in their backyard...you have to have experienced it to advise a client...sorry guys.

The reality,(apart from what this informative article discloses), is that having a pool is similar to having a boat-(money-pit).

Sure, the first couple years everyone loves it, family, friends, neighbors all appear out of woodwork during those hot summers, and great memories and times can be had by all.

What happens usually around 3rd or 4th year..the kids stop using it as much, the monthly cost of service is ongoing...regardless if its December- or July. Every month chemicals much be added to keep water qualtity stable, pool man must remove debris, and backwash filtration and pumps lose seals, impellers and will need replacement every 2-3 years.

The actual use of the pool by year 4 or 5 in my home was down to..July, August, September occasionally- and by the 10th year it was maybe a solid month in summer. 1 MONTH!!!

The reality is the just like everything in life, i.e. cars, the cell phone, laptops...etc. all get old and people lose interest and want "new".

So, if you are paying 12 months for the cost to maintain the pool, insurance, liability of other children in and around the pool...and it is being used 1 or 2 months tops...is it really worth having one in your backyard?

Short answer-how long do you plan to stay and can you afford to have one?
If 5 years or less and finances are not a concern-put on the sunscreen and go for it :).!!

If you plan to stay 6 years or longer, remember kids will grow out of staying home during summer days, preffering to hang with their friends at the beach, the mall...anywhere away from Mom and Dad-it's just life and happens that way- independence.!!
A pool may sound great, but in the long run you will be much happier with the wise decision to pass...

Looking back now I enjoyed every summer bday, pool party, bbq we spent out back...and would probably do it all over...lol

Go figure :)

Some homeowners are defying conventional wisdom and demolishing their swimming pool—to maximize outdoor space. Here are six reasons why it makes sense.

04/03/2019

Just Listed in Carlton Terrace , Woodland Hills is this 3+2 fixer. The home needs rehab, but sits on close to 23,000 square foot expansive lot(approx. 65% prime), with 180 degree panoramic views. Amazing opportunity for the right buyer...Thanks.

Send a message to learn more

02/08/2019

After what has been a January of surpises in the trends, we have seen the market start to show some improvement in certain areas.
Initially we saw a drop in sales and valuations across the board from 5% to 12% in different areas across California for 2018...

The market is cycllic, 2008 showed us a recession was upon us, subprime loans, irresponsible business practices and missing checks and balances all were factors, now
although we have seen decline, the market appears to be holding and a correction and stabilizing climate is where we are headed as winter comes to an end, and spring is around
the corner.
If you are considering selling or buying, both
sides can benefit as the market begins to even
out. Please contact me for any valuations, concerns with your sale or purchase...
Regards,

Darryl Lutz
Rodeo Realty
Cadre # 01265942
(310)592-1544

01/23/2019

Professional real estate agent Darryl Lutz Lutz with Rodeo Realty specializes in homes for sale in Woodland Hills, CA. Get free home evaluations, daily property updates, area market reports, and more.

01/21/2019

Find real estate agent & Realtor® Darryl Lutz in Woodland Hills, CA, on Realtor.com®, your source for top rated real estate professionals

21031 Ventura Blvd.  #100 Woodland Hills, CA
01/21/2019

21031 Ventura Blvd. #100 Woodland Hills, CA

01/21/2019

Address

21031 Ventura Boulevard #100
Woodland Hills, CA
91364

Telephone

+13105921544

Website

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