Home Selling in Los Angeles : Real Estate Advice

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Helper_2too, Home Buyer in Los Angeles, CA
Helper_2too answered:
My bank made errors which has caused our house sale to be delayed beyond the contract date. The bank wants me to ask the buyers for a one week extenti
My bank asked me to approach the sellers 6 times for an extension. The last time they denied it and put the home back on the market. I am devastated! I'm ready. The sellers are ready ... more
0 votes Share Flag Sun Jul 24, 2016 Home Selling in Los Angeles
Susie Kay, Real Estate Pro in Dallas, TX
Susie Kay answered:
I was the seller in a short sale. The bank forgave the deficiency, but then added $14k in real estate commissions. Is this legal?
I agree with Dorene below. Whether it is legal or not we do not know as we are not the experts on legal matter. You'll need to consult an attorney for any legal questions.
1 vote Share Flag Sat Jul 23, 2016 Home Selling in 90025
Richard Litt…, Real Estate Pro in Orange, CA
Richard Littlefield answered:
I own 50% of a house (mortgage) and want to sell my part. Where can I find investor that will buy 50%?
I have had other people ask this question. The only ones who will do it will have utility. In other words no one is going to give you $200,000 or even $20,000 if there is no way they ca ... more
0 votes Share Flag Wed Jul 13, 2016 Home Selling in Los Angeles
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
Buyer and seller mutually agreed to cancel purchase and sale agreement now we have come to terms do we need to execute new p&s or just sign addendum?
It would be less confusing for Escrow if you just start over with new contracts that include all the new information and signatures.
0 votes Share Flag Wed Jul 6, 2016 Home Selling in 90066
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
I feel my agent did not perform or represent me as a client - she was more concerned with the bottom line. Is this something that should be reported?
It depends upon what contracts you signed with the Realtor and what the obligations of your contract outlined.
You can take the contract to the Broker of Record in the agent's office ... more
0 votes Share Flag Fri Jul 1, 2016 Home Selling in Los Angeles
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
When can I back out of a home sale contract contingent upon finding replacement home?
It depends upon where you are in the contract, and what kind of contract you signed. I would advise you to take a look at the contract again to be sure there are no time limits on your ... more
0 votes Share Flag Wed Jun 22, 2016 Home Selling in Los Angeles
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
Does my dad with dementia have a right for another house appraisal after finding out my sister committed real estate fraud?
You have a complicated situation here and most of the questions you are asking should be directed toward a lawyer who has the licensing and training to assist you. I urge you to contact ... more
0 votes Share Flag Thu Jun 16, 2016 Home Selling in Los Angeles
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
CAN I SELL MY HOME IF I TAKE OUT A REVERSE MORTGAGE LOAN AND ARE THERE ANY OTHER LOANS AVAILABLE THAT I CAN PAY BACK WHEN MY HOUSE SELLS?
Yes: a home owner can sell a home with a reverse mortgage at any time they choose, just like a traditional mortgage. When a borrower sells their home, they must repay the reverse mortga ... more
0 votes Share Flag Sat Jun 11, 2016 Home Selling in 90038
Poccnprincess, Home Buyer in Los Angeles, CA
Poccnprincess answered:
How do I change the square footage and bathroom count on a property?
Call a general contractor and have them build some new rooms.
0 votes Share Flag Thu Apr 28, 2016 Home Selling in 90077
Rich Reed, Real Estate Pro in Arcadia, CA
Rich Reed answered:
What to do if a seller was tricked into thinking the property was being sold when it really went into something like a subject-to situation?
When I hear "tricked," I think "fraud." When I think "fraud," I say you may need legal advice from a qualified attorney.
0 votes Share Flag Tue Apr 12, 2016 Home Selling in Los Angeles
Desiree Lapin, Real Estate Pro in Los Angeles, CA
Desiree Lapin answered:
What should a seller pay when selling home in CA?
In California, most of the costs involved in selling a home are negotiable. That being said, there are customary Buyers and Sellers expenses.

Many of the costs associated with sellin ... more
0 votes Share Flag Tue Mar 22, 2016 Home Selling in 90012
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
Do I have to make repairs though the residential listing agreement that I signed said that I would do no repairs? Home would be sold as is.
Hopefully, that information was in the MLS listing so there is no confusion. Even so, you can't stop buyers from asking for repairs,and many lenders require repairs be made as well. It' ... more
0 votes Share Flag Mon Mar 21, 2016 Home Selling in Los Angeles
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
I signed a residential listing agreement, do I still need to make repairs?
The standard California Purchase Agreement it states the home is being sold "as is".IF you had no repairs in your MLS listing, the potential buyers should have been aware that you woul ... more
0 votes Share Flag Mon Mar 21, 2016 Home Selling in Los Angeles
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
How is earnest deposit working to seller? When can seller keep it?
Yes, please do ask your Realtor to explain how the Good Faith Deposit works for the seller. Each sale is different so your agent is the best source of information for you.
0 votes Share Flag Mon Mar 7, 2016 Home Selling in 90015
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
I am a seller and it's in the escrow process now. I need an advice what seller can do in this awful feeling situation.
I'm sorry you are having these issues and are so unhappy with the sale process. One of the jobs of your Realtor is to explain the process and help the sale go smoothly for you.

The ... more
0 votes Share Flag Wed Feb 24, 2016 Home Selling in 90012
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
Does anyone have experience with Commercial Short Sales? Can the bank go after other assets in addition to my commercial building?
I recommend you post this question on loopnet. You will have more Commercial Broker answers there.
0 votes Share Flag Tue Feb 9, 2016 Home Selling in Los Angeles
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
Time between selling & buying a new house.
I suppose you could board the horses and dogs. It's going to be expensive to do that, but I don't see that you would have any other choice. There are companies that specialize in the tr ... more
0 votes Share Flag Sat Feb 6, 2016 Home Selling in Los Angeles
Daniel Casti…, Real Estate Pro in Brentwood, CA
Daniel Castiel answered:
How important is a virtual tour in selling a home?
Hi Jeff,

Can be very important if your house shows well, if its a dump maybe not.

I would be happy to work you. Please feel free to contact me anytime
if you have questions.
0 votes Share Flag Tue Jan 12, 2016 Home Selling in Los Angeles
Jamie Tian, Real Estate Pro in Los Angeles, CA
Jamie Tian answered:
Is the seller obligated to make repairs to other than code issues found (fixed) during the inspection? Home was listed "as is". Buyer wants credit.
The seller is never obligated to make repairs, it is negotiable. If the contract was agreed upon "as is" then typically that means the seller does not want to make repairs and you shoul ... more
0 votes Share Flag Tue Jan 12, 2016 Home Selling in Los Angeles
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