91614 Open Houses

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Search 91614 Open Houses on the MLS. View recent sales and find homes for sale in Studio City which allow for a 50% commission credit.

Open Houses in Studio City 91614

If you’re in the market for a new home or just love staying current with what’s on the market, check out the list of Studio City 91614 open houses happening this weekend. We can help you plan a day to tour homes for sale that are having an open house. When browsing homes for sale in Studio City, just hit the save button and build your open house list of homes you want to tour. If you’re not finding any open house options on a property you want to tour, our local Partner Agents can schedule a private tour for you.

Hottest Open House Listings in Studio City 91614


Active
  • Located in Studio City
  • Built in 1969
  • MLS #: SR24109936
  • 3 Bedrooms
  • 3 Baths
  • 2,930 SqFt
More details Listing by Zsuzsanna Nagy, Keller Williams Realty-Studio City

Active
  • Located in Studio City
  • Built in 1980
  • MLS #: SR24253787
  • 4 Bedrooms
  • 3 Baths
  • 2,014 SqFt
More details Listing by Oren Mordkowitz, Pinnacle Estate Properties, Inc.

Pending
  • Located in Studio City
  • Built in 1991
  • MLS #: SR24210347
  • 2 Bedrooms
  • 2 Baths
  • 1,206 SqFt
More details Listing by Angel Hernandez, eXp Realty

Active
  • Located in Studio City
  • Built in 1964
  • MLS #: SR24158393
  • 2 Bedrooms
  • 2 Baths
  • 2,237 SqFt
More details Listing by Jessica Miller, Pinnacle Estate Properties, Inc.

Active
  • Located in Studio City
  • Built in 1991
  • MLS #: SR24191378
  • 5 Bedrooms
  • 4 Baths
  • 4,413 SqFt
More details Listing by Tammy Jerome, Coldwell Banker Realty

Active
  • Located in Studio City
  • Built in 1939
  • MLS #: 24464207
  • 3 Bedrooms
  • 3 Baths
  • 1,378 SqFt
More details Listing by David Kaptain, Compass

Active
  • Located in Studio City
  • Built in 1959
  • MLS #: 224005026
  • 2 Bedrooms
  • 2 Baths
  • 2,054 SqFt
More details Listing by Scott Ange, RE/MAX ONE

Active
  • Located in Studio City
  • Built in 2024
  • MLS #: 24441431
  • 5 Bedrooms
  • 6 Baths
  • 3,600 SqFt
More details Listing by Donovan Healey, Coldwell Banker Realty

Active
  • Located in Studio City
  • Built in 1964
  • MLS #: SR24202525
  • 4 Bedrooms
  • 3 Baths
  • 2,881 SqFt
More details Listing by Syuzanna Hakobyan, JohnHart Real Estate

Active
  • Located in Studio City
  • Built in 1971
  • MLS #: SR24227613
  • 3 Bedrooms
  • 2 Baths
  • 3,178 SqFt
More details Listing by George Ouzounian, The Agency

Active
  • Located in Studio City
  • Built in 2009
  • MLS #: SR24227493
  • 4 Bedrooms
  • 5 Baths
  • 3,860 SqFt
More details Listing by Makar Morozov, Luxury Collective

Active
  • Located in Studio City
  • Built in 2006
  • MLS #: SR24241214
  • 6 Bedrooms
  • 7 Baths
  • 4,044 SqFt
More details Listing by George Ouzounian, The Agency

Active
  • Located in Studio City
  • Built in 1950
  • MLS #: SR24227938
  • 4 Bedrooms
  • 2 Baths
  • 2,168 SqFt
More details Listing by Jeffrey Hartman, Real Brokerage Technologies, Inc.

Active
  • Located in Studio City
  • Built in 1965
  • MLS #: GD24224593
  • 5 Bedrooms
  • 4 Baths
  • 3,077 SqFt
More details Listing by Arena Zeynali, JohnHart Real Estate

Active
  • Located in Studio City
  • Built in 2024
  • MLS #: SR24205440
  • 5 Bedrooms
  • 6 Baths
  • 3,937 SqFt
More details Listing by Dennis Chernov, The Agency

Active
  • Located in Studio City
  • Built in 2024
  • MLS #: SR24222466
  • 5 Bedrooms
  • 6 Baths
  • 3,882 SqFt
More details Listing by Adi Livyatan, Rodeo Realty

Active
  • Located in Studio City
  • Built in 2024
  • MLS #: SR24206724
  • 5 Bedrooms
  • 6 Baths
  • 4,153 SqFt
More details Listing by Dennis Chernov, The Agency

Active
  • Located in Studio City
  • Built in 1987
  • MLS #: 24462013
  • 1 Bedrooms
  • 1 Bath
  • 847 SqFt
More details Listing by Monique Carrabba, Compass

Active
  • Located in Studio City
  • Built in 2019
  • MLS #: 24442873
  • 3 Bedrooms
  • 4 Baths
  • 1,894 SqFt
More details Listing by Denise Aquino Mendoza, Roof Los Angeles

Active
  • Located in Studio City
  • Built in 1979
  • MLS #: SR24227217
  • 2 Bedrooms
  • 2 Baths
  • 1,408 SqFt
More details Listing by Dennis Chernov, The Agency

Active
  • Located in Studio City
  • Built in 1969
  • MLS #: SR24218555
  • 4 Bedrooms
  • 3 Baths
  • 2,781 SqFt
More details Listing by Daniel Ohana, The Agency

Active
  • Located in Studio City
  • Built in 1946
  • MLS #: 24472925
  • 3 Bedrooms
  • 2 Baths
  • 1,305 SqFt
More details Listing by Juany Martinez, Equity Los Angeles

Active
  • Located in Studio City
  • Built in 1947
  • MLS #: SR24221415
  • 4 Bedrooms
  • 2 Baths
  • 1,558 SqFt
More details Listing by Katharyn De Lucia, Sotheby's International Realty

Pending
  • Located in Studio City
  • Built in 1952
  • MLS #: 24449755
  • 3 Bedrooms
  • 3 Baths
  • 2,214 SqFt
More details Listing by Steve Frankel, Coldwell Banker Realty

Active
  • Located in Studio City
  • Built in 2013
  • MLS #: 24470173
  • 4 Bedrooms
  • 6 Baths
  • 5,598 SqFt
More details Listing by Deanna D'Egidio, Harcourts Property Management

Active
  • Located in Studio City
  • Built in 1951
  • MLS #: 24465525
  • 3 Bedrooms
  • 3 Baths
  • 2,704 SqFt
More details Listing by Flora Martin, Equity Union

Active
  • Located in Studio City
  • Built in 1958
  • MLS #: 24465399
  • 3 Bedrooms
  • 2 Baths
  • 2,083 SqFt
More details Listing by Thomas O'Rourke, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Studio City
  • Built in 1955
  • MLS #: 24467903
  • 3 Bedrooms
  • 3 Baths
  • 2,785 SqFt
More details Listing by Lynn Teschner, Rodeo Realty

Active
  • Located in Studio City
  • Built in 2006
  • MLS #: 24463939
  • 2 Bedrooms
  • 2 Baths
  • 1,289 SqFt
More details Listing by Howie Nicoll, Keller Williams Beverly Hills

Active
  • Located in Studio City
  • Built in 2006
  • MLS #: 24463947
  • 1 Bedrooms
  • 1 Bath
  • 835 SqFt
More details Listing by Howie Nicoll, Keller Williams Beverly Hills

Active
  • Located in Studio City
  • Built in 2009
  • MLS #: TR24237767
  • 2 Bedrooms
  • 3 Baths
  • 1,710 SqFt
More details Listing by Elaina Marshall, Coldwell Banker Top Team

Active
  • Located in Studio City
  • Built in 2024
  • MLS #: 24405031
  • 5 Bedrooms
  • 6 Baths
  • 3,800 SqFt
More details Listing by Danielle Peretz, The Beverly Hills Estates

Pending
  • Located in Studio City
  • Built in 1990
  • MLS #: 24463699
  • 2 Bedrooms
  • 2 Baths
  • 1,232 SqFt
More details Listing by Dana Ehrlich, Real Broker

Active
  • Located in Studio City
  • Built in 1993
  • MLS #: 24437757
  • 4 Bedrooms
  • 3 Baths
  • 3,465 SqFt
More details Listing by Roger Perry, Rodeo Realty

Active
  • Located in Studio City
  • Built in 1987
  • MLS #: 24472559
  • 2 Bedrooms
  • 1 Bath
  • 760 SqFt
More details Listing by Johnhenry Cabeso, Compass

Active
  • Located in Studio City
  • Built in 1956
  • MLS #: 24442247
  • 3 Bedrooms
  • 3 Baths
  • 2,789 SqFt
More details Listing by Tim Gavin, Coldwell Banker Realty

Active
  • Located in Studio City
  • Built in 1980
  • MLS #: 24458037
  • 2 Bedrooms
  • 3 Baths
  • 1,450 SqFt
More details Listing by Barry Dantagnan, Coldwell Banker Realty

Pending
  • Located in Studio City
  • Built in 1989
  • MLS #: SR24193851
  • 3 Bedrooms
  • 3 Baths
  • 2,297 SqFt
More details Listing by Pedram Hosseini, Equity Union

Active
  • Located in Studio City
  • Built in 1948
  • MLS #: 24463643
  • 3 Bedrooms
  • 2 Baths
  • 1,155 SqFt
More details Listing by Chad Singer, Amalfi Estates

Active
  • Located in Studio City
  • Built in 1950
  • MLS #: 24466859
  • 2 Bedrooms
  • 2 Baths
  • 1,265 SqFt
More details Listing by Jane Dorian, Carolwood Estates

Active
  • Located in Studio City
  • Built in 1963
  • MLS #: 24453075
  • 5 Bedrooms
  • 5 Baths
  • 4,442 SqFt
More details Listing by Collin St Johns, Pinnacle Estate Properties - N

Active
  • Located in Studio City
  • Built in 1992
  • MLS #: 24444909
  • 3 Bedrooms
  • 4 Baths
  • 2,300 SqFt
More details Listing by Craig Knizek, The Agency

Active
  • Located in Studio City
  • Built in 2018
  • MLS #: GD24246881
  • 4 Bedrooms
  • 5 Baths
  • 3,233 SqFt
More details Listing by Tadeh Bazik, Americana Real Estate Services

Active
  • Located in Studio City
  • Built in 1940
  • MLS #: TR24211103
  • 3 Bedrooms
  • 2 Baths
  • 1,540 SqFt
More details Listing by Josephine Lee, A + Realty & Mortgage

Active
  • Located in Studio City
  • Built in 2022
  • MLS #: OC24186230
  • 5 Bedrooms
  • 6 Baths
  • 3,610 SqFt
More details Listing by Robert Najafinia, Realty One Group West

Active
  • Located in Studio City
  • Built in 1981
  • MLS #: SR24249793
  • 2 Bedrooms
  • 3 Baths
  • 1,506 SqFt
More details Listing by Tammy Jerome, Coldwell Banker Realty

Active
  • Located in Studio City
  • Built in 2009
  • MLS #: SR24228216
  • 3 Bedrooms
  • 2 Baths
  • 1,220 SqFt
More details Listing by Hosep Stepanian, Broker Intrust Real Estate-Hosep Stepanian

Active
  • Located in Studio City
  • Built in 1947
  • MLS #: 24456399
  • 3 Bedrooms
  • 2 Baths
  • 1,200 SqFt
More details Listing by Nicholas O'Malley, Compass

Pending
  • Located in Studio City
  • Built in 2003
  • MLS #: OC24167809
  • 2 Bedrooms
  • 3 Baths
  • 1,292 SqFt
More details Listing by William Miura, Assurance Properties

Active
  • Located in Studio City
  • Built in 1981
  • MLS #: 224004102
  • 5 Bedrooms
  • 5 Baths
  • 3,671 SqFt
More details Listing by Jacob Steagall, Compass

Active
  • Located in Studio City
  • Built in 1920
  • MLS #: SR24192523
  • 3 Bedrooms
  • 4 Baths
  • 2,445 SqFt
More details Listing by Joyce Lee, Best Realty & Investment, Inc.

Active
  • Located in Studio City
  • Built in 1991
  • MLS #: 24453609
  • 2 Bedrooms
  • 2 Baths
  • 1,528 SqFt
More details Listing by Jeffrey Billinger, The Hills Premier Realty

Active
  • Located in Studio City
  • Built in 1950
  • MLS #: 24462655
  • 4 Bedrooms
  • 2 Baths
  • 2,431 SqFt
More details Listing by Ted Theodore Fleming, Rodeo Realty

Active
  • Located in Studio City
  • Built in 1938
  • MLS #: 24460555
  • 5 Bedrooms
  • 4 Baths
  • 3,236 SqFt
More details Listing by Sharona Farhadian, Sotheby's International Realty

Active
  • Located in Studio City
  • Built in 1948
  • MLS #: 24423471
  • 3 Bedrooms
  • 3 Baths
  • 1,920 SqFt
More details Listing by Monty Iceman, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Studio City
  • Built in 1973
  • MLS #: SR23198930
  • 1 Bedrooms
  • 2 Baths
  • 1,320 SqFt
More details Listing by Louisa Henry, Kellar-Davis,Inc.

Active
  • Located in Studio City
  • Built in 1939
  • MLS #: 24465833
  • 5 Bedrooms
  • 5 Baths
  • 3,300 SqFt
More details Listing by Donovan Healey, Coldwell Banker Realty

Active
  • Located in Studio City
  • Built in 1988
  • MLS #: SR24194153
  • 2 Bedrooms
  • 3 Baths
  • 1,489 SqFt
More details Listing by Kirina Sidelnik, UREG, Inc

Active
  • Located in Studio City
  • Built in 1935
  • MLS #: SR24170812
  • 4 Bedrooms
  • 3 Baths
  • 2,942 SqFt
More details Listing by Dale Beck, Rhodes Realty

Active
  • Located in Studio City
  • Built in 1979
  • MLS #: 24469117
  • 5 Bedrooms
  • 5 Baths
  • 4,518 SqFt
More details Listing by Andrew Dinsky, Equity Union

Active
  • Located in Studio City
  • Built in 1940
  • MLS #: 24463077
  • 3 Bedrooms
  • 3 Baths
  • 2,657 SqFt
More details Listing by Leegie Parker, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Studio City
  • Built in 1961
  • MLS #: 24468719
  • 3 Bedrooms
  • 3 Baths
  • 3,138 SqFt
More details Listing by Andrew Dinsky, Equity Union

Active
  • Located in Studio City
  • Built in 1964
  • MLS #: 24465929
  • 3 Bedrooms
  • 3 Baths
  • 1,946 SqFt
More details Listing by Andrew Dinsky, Equity Union

Active
  • Located in Studio City
  • Built in 2022
  • MLS #: SR24241086
  • 5 Bedrooms
  • 6 Baths
  • 5,587 SqFt
More details Listing by Anna Ornelas, MCRES Properties

Pending
  • Located in Studio City
  • Built in 1962
  • MLS #: 24462017
  • 2 Bedrooms
  • 2 Baths
  • 1,502 SqFt
More details Listing by Christine Kim, The Agency

Active
  • Located in Studio City
  • Built in 1980
  • MLS #: CV24226034
  • 2 Bedrooms
  • 3 Baths
  • 1,517 SqFt
More details Listing by Joe Napoli, RE/MAX INNOVATIONS

Active
  • Located in Studio City
  • Built in 2007
  • MLS #: DW24200546
  • 3 Bedrooms
  • 3 Baths
  • 1,590 SqFt
More details Listing by Stanley Escobar, RE/MAX Dynasty

Active
  • Located in Studio City
  • Built in 1955
  • MLS #: BB24218022
  • 4 Bedrooms
  • 3 Baths
  • 2,391 SqFt
More details Listing by Marije Kruythoff, Redfin Corporation

Active
  • Located in Studio City
  • Built in 2001
  • MLS #: SR24221167
  • 4 Bedrooms
  • 4 Baths
  • 3,576 SqFt
More details Listing by George Murphy, Real Brokerage Technologies In

Active
  • Located in Studio City
  • Built in 2004
  • MLS #: SR24123151
  • 2 Bedrooms
  • 3 Baths
  • 1,417 SqFt
More details Listing by Alison Ebbert, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Studio City
  • Built in 2017
  • MLS #: 24444163
  • 5 Bedrooms
  • 5 Baths
  • 3,400 SqFt
More details Listing by Carl Gambino, Compass

Pending
  • Located in Studio City
  • Built in 2000
  • MLS #: SR24234995
  • 3 Bedrooms
  • 3 Baths
  • 2,121 SqFt
More details Listing by Bani Yousefi, Equity Union

Active
  • Located in Studio City
  • Built in 1990
  • MLS #: SR24232568
  • 2 Bedrooms
  • 2 Baths
  • 1,228 SqFt
More details Listing by Monika Needham, Real Brokerage Technologies, Inc.

Active
  • Located in Studio City
  • Built in 1964
  • MLS #: 24421059
  • 4 Bedrooms
  • 2 Baths
  • 2,451 SqFt
More details Listing by Robert Howell, Keller Williams Beverly Hills

Active
  • Located in Studio City
  • Built in 1989
  • MLS #: SR24218578
  • 4 Bedrooms
  • 4 Baths
  • 4,242 SqFt
More details Listing by Maurice Kozak, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Studio City
  • Built in 1951
  • MLS #: 24466919
  • 3 Bedrooms
  • 3 Baths
  • 2,417 SqFt
More details Listing by Kristofer Everett-Einarsson, Carolwood Estates

Active
  • Located in Studio City
  • Built in 1991
  • MLS #: OC24198404
  • 4 Bedrooms
  • 4 Baths
  • 5,385 SqFt
More details Listing by Patrick Nam, Realty Corner

Active
  • Located in Studio City
  • Built in 1925
  • MLS #: 224004793
  • 4 Bedrooms
  • 4 Baths
  • 2,900 SqFt
More details Listing by Greg Moncure., Satori Estates

Active
  • Located in Studio City
  • Built in 1964
  • MLS #: 24458365
  • 4 Bedrooms
  • 3 Baths
  • 2,226 SqFt
More details Listing by Gregory Lewis, Sotheby's International Realty

Active
  • Located in Studio City
  • Built in 2020
  • MLS #: 24445463
  • 8 Bedrooms
  • 14 Baths
  • 11,923 SqFt
More details Listing by Amber Kristin Abbitt, Westside Estate Agency Inc.

Active
  • Located in Studio City
  • Built in 2024
  • MLS #: 24462953
  • 4 Bedrooms
  • 5 Baths
  • 3,356 SqFt
More details Listing by Andrew Dinsky, Equity Union

Active
  • Located in Studio City
  • Built in 2022
  • MLS #: 24465539
  • 5 Bedrooms
  • 7 Baths
  • 5,587 SqFt
More details Listing by Andre Bohbot, Nelson Shelton & Associates

Active
  • Located in Studio City
  • Built in 1950
  • MLS #: 24463837
  • 5 Bedrooms
  • 6 Baths
  • 3,257 SqFt
More details Listing by Kirby Gillon, Christie's International Real Estate SoCal

Pending
  • Located in Studio City
  • Built in 1953
  • MLS #: SR24232966
  • 3 Bedrooms
  • 2 Baths
  • 2,388 SqFt
More details Listing by Stephen Liss, Liss Properties

Active
  • Located in Studio City
  • Built in 2010
  • MLS #: OC24127445
  • 5 Bedrooms
  • 7 Baths
  • 7,600 SqFt
More details Listing by Merry Santoso, Compass

Active
  • Located in Studio City
  • Built in 2022
  • MLS #: 24433091
  • 4 Bedrooms
  • 6 Baths
  • 6,289 SqFt
More details Listing by Ginger Glass, Compass

Active
  • Located in Studio City
  • Built in 1982
  • MLS #: SR24236224
  • 5 Bedrooms
  • 5 Baths
  • 4,163 SqFt
More details Listing by Tonia Arey, Coldwell Banker Realty

Active
  • Located in Studio City
  • Built in 1989
  • MLS #: SR24193659
  • 4 Bedrooms
  • 4 Baths
  • 3,631 SqFt
More details Listing by James Antonucci, Keller Williams Realty-Studio City

Active
  • Located in Studio City
  • Built in 1982
  • MLS #: BB24189787
  • 5 Bedrooms
  • 5 Baths
  • 5,100 SqFt
More details Listing by Bradley Gilboe, Exp Realty of California Inc.

Active
  • Located in Studio City
  • Built in 1950
  • MLS #: 24436199
  • 4 Bedrooms
  • 4 Baths
  • 3,309 SqFt
More details Listing by Jackie Smith, Compass

Active
  • Located in Studio City
  • Built in 1938
  • MLS #: 24462765
  • 2 Bedrooms
  • 1 Bath
  • 1,178 SqFt
More details Listing by Bryan Abrams, Sotheby's International Realty

Active
  • Located in Studio City
  • Built in 1939
  • MLS #: 24448539
  • 4 Bedrooms
  • 4 Baths
  • 2,517 SqFt
More details Listing by Kristofer Everett-Einarsson, Carolwood Estates

Active
  • Located in Studio City
  • Built in 2009
  • MLS #: 24459827
  • 2 Bedrooms
  • 2 Baths
  • 1,380 SqFt
More details Listing by Aliza Tesar, Equity Union

Active
  • Located in Studio City
  • Built in 2014
  • MLS #: 224004668
  • 5 Bedrooms
  • 6 Baths
  • 6,133 SqFt
More details Listing by Paul Coleman, Paul Coleman Broker

Active
  • Located in Studio City
  • Built in 1955
  • MLS #: 224004053
  • 2 Bedrooms
  • 3 Baths
  • 1,442 SqFt
More details Listing by Karen Himber, Aviara Real Estate

Active
  • Located in Studio City
  • Built in 1964
  • MLS #: 24458349
  • 5 Bedrooms
  • 4 Baths
  • 3,220 SqFt
More details Listing by Ginger Glass, Compass

Pending
  • Located in Studio City
  • Built in 2024
  • MLS #: 24452963
  • 5 Bedrooms
  • 6 Baths
  • 2,897 SqFt
More details Listing by Craig Strong, Compass

Active
  • Located in Studio City
  • Built in 1938
  • MLS #: 24409881
  • 4 Bedrooms
  • 4 Baths
  • 2,940 SqFt
More details Listing by Robert Howell, Keller Williams Beverly Hills

Active
  • Located in Studio City
  • Built in 1983
  • MLS #: BB23225107
  • 7 Bedrooms
  • 9 Baths
  • 7,843 SqFt
More details Listing by Daniel Madariaga, Contempo Realtors

Active
  • Located in Studio City
  • Built in 1951
  • MLS #: 24439529
  • 4 Bedrooms
  • 4 Baths
  • 2,523 SqFt
More details Listing by James Hancock, Coldwell Banker Realty

Active
  • Located in Studio City
  • Built in 1965
  • MLS #: 24444345
  • 4 Bedrooms
  • 3 Baths
  • 3,041 SqFt
More details Listing by Jesse Lally, The Beverly Hills Estates

This information is believed to be accurate, but without any warranty.

91614 Real Estate Listings

Search homes for sale in Studio City through our MLS powered real estate search. Find and compare homes, condos, and land for sale in Studio City. Visit open houses or schedule a tour online with one of our partner agents. When you’re ready to make an offer on a Studio City home, you’ll recieve a 50% commission credit when you submit your offer online with OfferDash®.

Making an Offer to Buy a Home in Studio City 91614

We’ve automated the home buying and selling process in order to save thousands for buyers and sellers. Once you’ve found the Studio City home for sale that you want to buy, just enter the address in our offer submission form and we’ll automatically draft a legal offer within minutes. In return, you’ll receive a 50% commission credit back for closing costs.

Studio City 91614 Home Values

Determining your Studio City home’s value is a 3 step process. A great way to begin is by checking your property value using our automated home valuation software. This free tool can help you determine what your home might sell for and even calculates estimated rental income it could generate by leasing out your property. To begin the process of determining your Homes value, start a free instant home valuation.

Studio City 91614 Foreclosures

If you’re looking to purchase a Studio City home for sale at a bargain price, foreclosures can often be a great opportunity for experienced investors. If a homeowner defaulted on their mortgage and is unable to pay off their debt before their home auction date, the property will revert back to the lender through the Studio City foreclosure process. Once a home has been foreclosed on, it will either be sold off in bulk by the bank or listed with an agent who will add to the MLS. Prior to entering into the MLS, it is often only possible to purchase a foreclosure if you have cash. However, once the property comes on the market through the Studio City MLS, there is typically preference within the first 2 weeks to FHA or other government-backed mortgages; if the prior loan foreclosed on was a government-backed mortgage.

Studio City 91614 Short Sales

If a homeowner is having difficulty paying their mortgage and their Studio City home value has gone down below their mortgage amount, they may be considering a short sale. When a seller lists their Studio City home for sale as a short sale, they accept only one offer and submit it to their bank with a short sale package requesting mortgage debt relief. If their lender approves a short sale, they will inform the seller of the minimum net proceeds the bank will take in order to write off the sellers defaulted debt. It is often difficult to reduce the lenders’ short sale approval amount once the lender has made their decision. On loans with mortgage insurance, the lender’s losses are often covered by their insurance up to a certain amount. If a lender accepts a short sale they are likely to not receive a payout from their insurance, so knowing what coverage they have on a loan policy is key when requesting a short sale. If you’re interested in purchasing a Studio City home for sale that is listed as a short sale, know that it can be a lengthy process. Those that wait can often get a better deal than a foreclosure; since the bank only reviews 1 offer versus a foreclosure which may have multiple bids. However, a short sale could take months where a foreclosure sale can be sold within days.

Nearby Open Houses in Studio City California

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