Home Buying in Monterey Park : Real Estate Advice

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June Buerkle, Home Buyer in Chattanooga, TN
June Buerkle answered:
Can I use money I borrowed from a lending company allowed to be used as a down payment on property?
The lender is going to ask for at least 3 months of bank statements and ask about all deposits.

Legally, you can not use borrowed money for the down-payment on a mortgage. (Except fo ... more
0 votes Share Flag Thu Jun 16, 2016 Home Buying in Monterey Park
Matthew Silva, Real Estate Pro in Whittier, CA
Matthew Silva answered:
I would like to find out the market trend in Monterey park. I would like to find out the selling price for 123 s. moore ave. Monterey park, ca 91754
Hello Mikey,

The best way to find housing trends and what is selling or not selling in the area is to use the "Your Neighborhood" feature on my website www.realprolific.com/ClientSel ... more
0 votes Share Flag Fri Apr 10, 2015 Home Buying in 91754
Matthew Silva, Real Estate Pro in Whittier, CA
Matthew Silva answered:
We wish to put down the minimal of down payment required (20-30% ?) to qualify for an ASSET BASED LOAN for either a 30 YR FIXED or ARM 5/5.
I have financing options with no questions asked. As long as you have the down payment, I can get you a loan through one of the many lenders I work with. It's all about the rates and te ... more
0 votes Share Flag Fri Apr 10, 2015 Home Buying in 91755
Shane Stebner, Home Buyer in Viva P  Lapham, Cocoa,...
Shane Stebner answered:
I want to sell my house by owner. Is that difficult?
It's dead simple if you use NoMoreAgent (dotcom). I love their service!
0 votes Share Flag Thu Jan 2, 2014 Home Buying in Monterey Park
tenchi, Home Buyer in Monterey Park, CA
tenchi answered:
should i hire my own buyer's agent when shopping in place such as Monterey park? where supplies are low and demands are high.?
thank you @ Cindy, for your kindly advice. as far as price-wise, i don't feel there's any room to negotiate, every house i am interested in...all had multiple offers (10-15-20's plus of ... more
0 votes Share Flag Sat Apr 20, 2013 Home Buying in Monterey Park
Esther Cheng, Real Estate Pro in ARCADIA, CA
Esther Cheng asked:
Any seller for senior apartment on 120 N. Moore Ave. Monterey Park? I have a client wanted to buy a unit in the senior apartment on 120 N. Moore Ave. Monterey Park. Please contact me if you have someone, who want to sell his or her property in this apartment.…
0 votes Share Flag Fri Mar 29, 2013 Home Buying in Monterey Park
Russ Ravary, Real Estate Pro in Commerce Township, MI
Russ Ravary answered:
i'm looking for a properly around MPK, SGV. shortsales, (standard is okay too) Who is responsible for the closing cost ? banK?
As a buyer you are responsible for all your mortgage closing costs
0 votes Share Flag Sun Mar 17, 2013 Home Buying in 91754
Russ Ravary, Real Estate Pro in Commerce Township, MI
Russ Ravary answered:
Can wife purchase a home w/ FHA loan if husband already owns a home?
Keys areshe on the last loan, is it a FHA loan, and is this going to be her primary residence?
0 votes Share Flag Sun Mar 17, 2013 Home Buying in 91754
Amber Yu, Real Estate Pro in Alhambra, CA
Amber Yu answered:
What popular amenities/features do most families for? do they prefer a bigger yard or is that more of a maintenance hassle than a preference?
Great question! We will definitely have to narrow down the locations, budgets and lifestyle.

For example, as actively working in San Gabriel Valley, most of my buyers who are in t ... more
1 vote Share Flag Mon Jun 4, 2012 Home Buying in Monterey Park
Rudi Hofmann, Real Estate Pro in El Segundo, CA
Rudi Hofmann answered:
escrow has taken almost more than 70 days we had our loan file go to quality control we signed loan documents but still no official funding .
It is your loan officer's job to know why this is taking so long. He should be communicating with your escrow officer and the lender's funding department. After signing your c ... more
0 votes Share Flag Thu Dec 1, 2011 Home Buying in Monterey Park
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
Can a HOA bar children from a non-senior complex?
Dear Cc Wong,

Unless this is a Senior Development or a small property where the owner resides, this practice or restricting children has been illegal for 20 years!

It is illegal ... more
0 votes Share Flag Mon Sep 26, 2011 Home Buying in Monterey Park
Frederick Mu…, Real Estate Pro in Monterey Park, CA
Frederick Murga answered:
I'm interested in buying a home, how does this work?
Dear Aileen

You should know that this home is actually an office, not really a home. The price $38,757 you saw may be the lease for a year. The values in Monterey Park is a way high ... more
0 votes Share Flag Wed Aug 11, 2010 Home Buying in Monterey Park
Sylvia Barry,…, Real Estate Pro in Marin, CA
Sylvia Barry, MAS,CIPS,SRES answered:
If i put an offer on an approved short sale for 300k and the lsiting price was 295 can I get the 5k back
Hi Tom -

Make an offer for $300K on the house and put an addendum in the contract asking for $5K back towards all closing costs. It's is in the contract you submitted and the ... more
0 votes Share Flag Sun Feb 28, 2010 Home Buying in Monterey Park
Harold Sharpe, Real Estate Pro in Menifee, CA
Harold Sharpe answered:
What should I expect when offering for a home that's a short sale?
In the beginning you hopefully will get your contract signed by the seller,
then you have to await the bank(s) response.
This can take anywhere from 3 weeks to 5 months on average.
T ... more
0 votes Share Flag Sun Feb 21, 2010 Home Buying in 91755
M.D.J,  in Los Angeles, CA
M.D.J answered:
Can I afford a $300,000 house in Monteray Park, CA?
More information is needed to give you a more precise answer so if you like feel free to contact me.

Good luck to you.
0 votes Share Flag Sat May 2, 2009 Home Buying in Monterey Park
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