It’s a good time to live in Inglewood! And one of the best reasons for home owners is that property values in Inglewood have increased over 50 percent since 2012. Odest Riley Jr., President of WLM Financial in Inglewood is working hard to help stakeholders make the most of this upward trend.
“When people in Inglewood tell me they want to sell, I say no, you want to refinance and stay. When you see the direction changing you get on, you don’t get out. I haven’t seen 7 or 8 hundred thousand dollar homes in Inglewood in my lifetime. In Morningside Park some homes that were selling for $450,000 are now $700,000. Now, you’re seeing us and hearing about us in the news.”
While these favorable conditions would certainly bode well for any real estate professional, there are other factors that Riley Jr. credits with his company’s success. Commitment to community and excellent customer service are among them. “Because of our roots in Inglewood, it feels good to give excellent service to the people you grew up around,” said Riley, an Inglewood High alum. “The best thing we do is call people back.”
In business since 2011, and at its current location at 111 N. La Brea Avenue, Suite 605 since 2014, WLM Financial specializes in real estate, mortgage lending and insurance. The company matches clients with the best lenders, helps them find or sell homes and protect their investments. Education is a key aspect of the business, as evidenced by ongoing company-sponsored workshops that teach consumers how to benefit from their assets.
“Last week, we closed a loan with a client who needed to pull some equity from her home. She needed help with her credit and paying down some bills. She had previously been with a lender who said it was too much work. So, we went through the process of finding the best loan. We were able to navigate her through that. She was very happy.”
In addition to dedication, WLM Financial’s success is due, in part, to owning a business within a city that has billion dollar investments. From the Fabulous Forum, to major planned development of housing, retail and entertainment and transit centers, Inglewood is quickly becoming a destination city. “The city has a plan,” Riley said. “You can see the upward development.”
On Thursday, December 19, from 5:30-7:00pm, WLM Financial will host a free home buying workshop for veterans. Participants will learn about “no money down” options, minimum credit requirements, special programs for veterans, and more. It will be held at the Carson Community Center, 801 E. Carson St., Carson, CA 90745.