Home Buying in 90008 : Advice

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Gail Mercedes…, Real Estate Pro in 90045
Gail Mercedes Cole-Trulia VIP answered:
Are any of these listings for lease?
Janice,

Homes listed for sale are for sale. Homes for lease are listed for lease. If you are looking for lease check Trulia, Zillow, Craigslist and Westside Rentals.

Gail Mercedes ... more
0 votes Share Flag Sun Sep 22, 2013 Home Buying in 90008
Gail Mercedes…, Real Estate Pro in 90045
Gail Mercedes Cole-Trulia VIP answered:
are any of the foreclose properties for lease?
Janice,

In L.A. generally foreclosed properties are not for lease. Banks want the properties sold. Have noticed that investors that have purchased foreclosure in the past recession y ... more
0 votes Share Flag Sun Sep 22, 2013 Home Buying in 90008
Shirley Smith, Real Estate Pro in Long Beach, CA
Shirley Smith answered:
Park Hill Heights is becoming a well desired area for real estate investors to buy and flip properties. I like the direction our economy is heading.
Park Hill Heights is absolutely a desirable area for buyers in Los Angeles. I represented an investor from Connecticut to flip property in Park Hill Heights. I've seen many other inve ... more
0 votes Share Flag Fri Aug 30, 2013 Investment Properties in 90008
Allan Erps, Real Estate Pro in 10954
Allan Erps answered:
if buying a short sale house, can I still have walk away if find a big problem of house after Home Inspection
Do believe the answer is yes if you have an Inspection Contingency or Mortgage Contingency(meaning Bank will not finance due to structural damage, liens etc.)
0 votes Share Flag Tue Jun 4, 2013 Home Buying in 90008
Dinece Carmi…, Real Estate Pro in Mid City, Los Angeles,...
Dinece Carmichael, CDPE, RFC answered:
Should we cut our losses and walk away from escrow and a bad agent?
Sounds like your agent may have a vested interest in the escrow fees or some other aspect of this transaction that exists beyond your relationship with him. Call the Escrow directly an ... more
0 votes Share Flag Sat May 11, 2013 Home Buying in 90008
Dinece Carmi…, Real Estate Pro in Mid City, Los Angeles,...
Dinece Carmichael, CDPE, RFC answered:
Where can I find a current count of notices of defaults filed?
I use Default Research to receive my daily defaults list.

If you want help buying those homes, give me a call.

Dinece Carmichael
Carrington Mortgage Services
Direct at: 310-567- ... more
0 votes Share Flag Sat May 11, 2013 Home Buying in 90008
Dinece Carmi…, Real Estate Pro in Mid City, Los Angeles,...
Dinece Carmichael, CDPE, RFC answered:
What's the typical process when buying a short sale?
Don't forget to get pre-qualified for a mortgage loan!! Knowing how much you are qualified to buy will help your Agent narrow the search.

Call me to discuss your financing options. ... more
0 votes Share Flag Sat May 11, 2013 Home Buying in 90008
Dinece Carmi…, Real Estate Pro in Mid City, Los Angeles,...
Dinece Carmichael, CDPE, RFC answered:
Looking for an agent experienced with the NACA process in Los Angeles.
Are you talking about modification, refinance or purchase. NACA handled a large number of modification for Chase, Wells Fargo and Bank of America, but I am not sure how NACA is affecti ... more
0 votes Share Flag Sat May 11, 2013 Home Buying in 90008
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
Do you think the foreclosure/shortsale inventory will increase to meet the frantic demand? When? What keeps the backlog off the market?
No one knows. Party of the low inventory is that investors have been gobbling up the foreclosures at the courthouse steps so fewer of them appear on the market.
0 votes Share Flag Wed Jan 30, 2013 Investment Properties in 90008
Donny Opoku, Real Estate Pro in 90008
Donny Opoku answered:
What does it mean when a REO is delivered occupied to the seller?
That means the property is delivered with an occupied tenant. Not my favor situation.
0 votes Share Flag Mon Jan 28, 2013 Home Buying in 90008
Donny Opoku, Real Estate Pro in 90008
Donny Opoku answered:
How to buy a foreclosure house?
For that price I would hire a professional realtor to assist you. Rather be safe than sorry.
0 votes Share Flag Mon Jan 28, 2013 Home Buying in 90008
Donny Opoku, Real Estate Pro in 90008
Donny Opoku answered:
How does a first time buyer find an agent who specializes in foreclosures in Los Angeles?
Look up trustee sales and do it yourself
0 votes Share Flag Mon Jan 28, 2013 Home Buying in 90008
Donny Opoku, Real Estate Pro in 90008
Donny Opoku answered:
I am looking for a lease option to buy in the 90043 can anyone help me with information.
Hello,

What information do you need. The most important part is the percentage of the lease that goes into the principal.
0 votes Share Flag Mon Jan 28, 2013 Home Buying in 90008
Robert Chome…, Real Estate Pro in San Diego, CA
Robert Chomentowski answered:
have VA certificate of eligibility, can any of the homes in los angeles 90008, be sold using my VA eligibility
Yes you can buy any house or condo wit a VA loan. A condo would just have to be on the VA approved list. Give me a call if you would like to discuss a VA loan it's one of my specialti ... more
0 votes Share Flag Sat Jun 9, 2012 Home Buying in 90008
Endre Barath, Real Estate Pro in Beverly Hills, CA
Endre Barath answered:
Should I be worried about this line on our NHD report?
Radon, test is in line if you are concerned. I have only had one client who actually did the testing. This is more prevelant on the East Coast of the US. What I have heard that proper w ... more
0 votes Share Flag Sun Jun 3, 2012 Home Buying in 90008
Daniel Klein, Real Estate Pro in Los Angeles, CA
Daniel Klein answered:
how much house can i buy with $80000 a year income?
It depends...
If you have no debt, then the most you can qualify for today is a $2400/month mortgage payment. With PMI you will be looking at a max loan of $400,000.

Credit, downpay ... more
0 votes Share Flag Wed Jan 4, 2012 Home Buying in 90008
Daniel Klein, Real Estate Pro in Los Angeles, CA
Daniel Klein answered:
How often does your credit score update?
Your credit will update every 30 days, but your credit score ill only adjust should something materially change, such as a failed payment or great payment history.
If you are asking be ... more
0 votes Share Flag Wed Jan 4, 2012 Home Buying in 90008
Daniel Klein, Real Estate Pro in Los Angeles, CA
Daniel Klein answered:
How often does your credit score update?
Your credit score updates only when a material fact changes that would either improve, or reduce your credit score. Yes creditors submit your payment information every 30 days, but this ... more
0 votes Share Flag Wed Jan 4, 2012 Home Buying in 90008
Daniel Klein, Real Estate Pro in Los Angeles, CA
Daniel Klein answered:
I am looking for a lease option to buy house in the 90008 area, can anyone help with information.
Marlene,
You are probably looking for a lease option to purchase because your credit is not up to par for financing (and who has a 720 these days) or you do not have the required down ... more
0 votes Share Flag Wed Jan 4, 2012 Home Buying in 90008
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