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Find Out More About the Santa Monica Canyon, Ocean Park, and Sunset Park Area Economy & Job Market Our economy is extremely strong. Santa Monica has long been a popular destination of tourism and an integral part of our economy. Santa Monica is an economically successful city with over 16,000 businesses which collectively generate almost $8.4 billion in gross annual income. About $2.3 billion of sales are in the retail sector. There are an estimated 70,000 jobs in Santa Monica. The largest number of jobs are found in the Accommodation & Food Service Industry, Professional Scientific & Technically-Skilled Sector, and Retail Trade Industry. Recently, we have enjoyed a significant growth from the entertainment industry from MTV to many small studios. 
Buyers Remorse >Dream Versus Reality
When you decide to buy a home, you may feel resistance to fulfilling the many practical requirements that are necessary to turn your dream into a reality. An important part of a professional real estate agent's job is to help you overcome such resistance.
You will need to handle a multitude of details when purchasing a property. There are numerous deadlines that require a timely response. Home purchases come with a lot of paperwork, such as the financial statement and purchase agreement. Negotiations with the seller are a standard part of the process. All of these practical "realities" can seem overwhelming.
You may experience a startling range of emotions at each step of the way, from mild anxiety to full-blown "buyer's remorse". It helps to remember that everyone who has purchased a home has probably experienced similar feelings. Just take a deep breath and trust your real estate agent, who is trained to help you deal with the pressures of the home-buying process.
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| Q |
What is an encumbrance against a property, which may be voluntary or involuntary?
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| A |
There are many different kinds of liens: a tax lien, a judgment lien, a mortgage lien, and a mechanic's lien. |
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