Home Buying in 90703 : Advice

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Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
If your house is in foreclosure with a sale date, at that point is it too late to do a short sale?
I can postpone the sale date if I get an offer submitted immediatedly! Give me a call to go over options with you. You still have time if we work fast.

http://www.Under640FicoScoreL ... more
0 votes Share Flag Wed Oct 24, 2012 Foreclosure in 90703
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
What is the process of buying a house that is foreclosed or at an auction?
Do you have down payment and closing costs saved? If not, if you have a minimum 580 fico score, you may qualify for CHF Access half percent down payment program. This can also contribut ... more
0 votes Share Flag Tue Oct 23, 2012 Foreclosure in 90703
Allan Erps, Real Estate Pro in 10954
Allan Erps answered:
What do you project housing prices will be in about 3 years? Will they be as high as 2006?
Interesting group of answers both relevant and irrelevant here. Crystal ball or Ouija Board not available at this time. However, as stated this is "the perfect storm" so to speak. Price ... more
0 votes Share Flag Sun Sep 30, 2012 Home Buying in 90703
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
About how much would the down payment and mortgage payment be on an FHA loan on a $750,000 house.?
It depends on how much funds you have to invest into the purchase transaction and your fico score, credit history, etc? Do you have your own funds for down payment and closing costs? I ... more
0 votes Share Flag Wed Sep 26, 2012 Home Buying in 90703
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
Can a bank negotiate with owners of a house who have had the house repossessed in August 2011 ? The previous owners still live in the house..positive
Hello Tana, I can help you negotiate with the bank. The home can be sold short sale and then they will have to move out with options from the bank such as cash for keys, stay for a few ... more
0 votes Share Flag Thu Sep 20, 2012 Foreclosure in 90703
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
Are housing prices in Cerritos going up or are houses overpriced?
Here is a link to properties in Cerritos under $800k 4bd+ 2.5ba+ 2,100sf+ to study.
Click the following URL to see the Listings Cerritos 4bd+ 2.5ba+ 2,100sf+ to $800k:

http://www. ... more
0 votes Share Flag Sun Sep 16, 2012 Home Buying in 90703
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
What is the average price range for a home selling in Cerritos 4 bedroom 2 1/2 bathroom about 2100 sq feet?
Here is what is on the market?
Click the following URL to see the Listings 4bd+ 2.5ba+ 2,100sf+ 800k and under:

http://www.mrmlsmatrix.com/DE.asp?k=1164647X4KQN&p=DE-116942479-116 ... more
0 votes Share Flag Sun Sep 16, 2012 Home Buying in 90703
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
Why are some 4 bedroom 3 bathroom houses priced in the 500k and others in the 700k in Cerritos?
Depends on neighborhoods. We offer a half percent down payment with a minimum 580 fico up to $729,750 for L.A. County for owner occupied purchase loans. Yes, only $2,500 dn on $500k an ... more
0 votes Share Flag Sun Sep 16, 2012 Home Buying in 90703
DJ Bonner, Real Estate Pro in 90302
DJ Bonner answered:
What would a 2100 sq. ft. home cost in Cerritos...4 bedrooms, 3 bath? I see many in the $600k. Is that on the high side?
Peaceandpowerparenting,
Currently there are 4 homes listed below the $600k range, but in Cerritos with the criteria you’re looking, $600k is the going price. Please feel free to ... more
0 votes Share Flag Sun Sep 2, 2012 Investment Properties in 90703
Fernando Vil…, Real Estate Pro in Artesia, CA
Fernando Villegas answered:
we are interested in a property that is in short sale, should we wait till it get forecosed to get a better deal?
NO Sir, You will get a better deal buying it as a short sale! that's for sure!! feel free to call me or email me... Thank You. Fernando Villegas.
0 votes Share Flag Tue Jul 31, 2012 Home Buying in 90703
Fernando Vil…, Real Estate Pro in Artesia, CA
Fernando Villegas answered:
When can I buy again after a BK 7 two years ago and maybe doing a short sale soon?
.First you do a Bk chapter 7 then you put your house on the market for short sale we make sure that the bank does not come back to you for the difference!! which I specialize in and a ... more
0 votes Share Flag Tue Jul 31, 2012 Home Buying in 90703
Mark Anthony…, Real Estate Pro in Cerritos, CA
Mark Anthony Ruiz answered:
The house on 12114 abana cerritos ca 90703 is bank owned for over120 days. When will it go on the market to sell. Previous owners still occupy.
Tana,
This timeframe is quite normal. This is owned by US Bank and it could take more than 6 months to remove the previous homeowner if they take it to the end of the foreclosure proc ... more
1 vote Share Flag Tue Dec 27, 2011 Foreclosure in 90703
John Arendsen, Real Estate Pro in Encinitas, CA
John Arendsen answered:
Can a bank negotiate with owners of a house who have had the house repossessed in August 2011 ? The previous owners still live in the house..positive
While I applaud the sound advice and feedback you've received from several of my fellow RE professionals I will have to chime in with a stark reality. There are folks living in the ... more
0 votes Share Flag Sun Dec 4, 2011 Foreclosure in 90703
John Arendsen, Real Estate Pro in Encinitas, CA
John Arendsen answered:
If a house was purchased by the bank in late summer 2011 in California,, how can the owners still be in the house and it is December?
While I applaud the sound advice and feedback you've received from several of my fellow RE professionals I will have to chime in with a stark reality. There are folks living in the ... more
1 vote Share Flag Sun Dec 4, 2011 Home Buying in 90703
Ruth & P…, Real Estate Pro in 95030
Ruth & Perry Mistry answered:
How long do you really have to wait to buy another house after filing chapter 7?
While the official word is 2-4 years

You are looking at 5-7 years.

Best regards
Perry

http://www.trulia.com/blog/perry_mistry/2011/10/how_to_sign_up_for_mortgage_forgiveness
0 votes Share Flag Wed Oct 19, 2011 Home Buying in 90703
Shel-lee Dav…, Real Estate Pro in 90274
Shel-lee Davis - BRE #01817412 answered:
Can an owner stay in their house after becomes bank owned in Cerritos, Ca? Is there any way the owners can stay and rent their own house.?
Rarely. You would need to contact the lender. Most of the time, the lenders will send a Realtor by to work on getting you to vacate the property. As stated below, government insured ... more
0 votes Share Flag Wed Oct 19, 2011 Foreclosure in 90703
David Chiles, Real Estate Pro in Los Angeles, CA
David Chiles answered:
How long can a house in the state of Californa be in foreclosure?
Thank you for your question about the length of time a home can be in foreclosure. The foreclosure process can take as little as six months from the time a Notice of Default is filed w ... more
0 votes Share Flag Sun Aug 22, 2010 Foreclosure in 90703
Tom Ashburn, Real Estate Pro in Columbia, SC
Tom Ashburn answered:
What happens to a house at an auction if there are no bidders and the back buys it back? What happens to the current owners? Do they move out asap?
Pedro,
My first suggestion is that for a definitave answer one must 1st know your state's laws concerning the foreclosure process and the "bubdle of rights" that come wi ... more
1 vote Share Flag Sat Apr 17, 2010 Foreclosure in 90703
Michael Del…, Real Estate Pro in Long Beach, CA
Michael Del Rosario answered:
Are their any short sales or forclosure home in Cerritos. What is the best way to know about these other than?
Hi Gupta,

Cerritos foreclosures are updated on my site throughout the day.
Please visit http://www.cerritosliving.com
0 votes Share Flag Wed Apr 14, 2010 Foreclosure in 90703
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