Your best bet on finding out about crime activity in the area would be to go directly to the source, to the Pasadena Police Department. Here is a link to their website: http://cityofpasadena.net/Police/
Here is an interesting site showing crime statistics as well: http://spotcrime.com/ca/pasadena
Hope this info is helpful. Email me if you have any questions or if I can be of any assistance.
Have a nice evening!
Coldwell Banker Residential Brokerage
Sherman Oaks, CA
Web Reference: http://www.jbknowsthevalley.com... more
Yes it is possible to purchase a real estate with these credit scores.
Please contact me for more info and to obtain pre-approval.
Thank you for your time!
Should you have any questions - please do not hesitate to call me Toll Free 1-855-TRUST-55 ext.777 ( 1-855-878-7855 ext.777).
Trust Sale Realty
Toll Free: 1-855-TRUST-55ext. 777
Toll free: 1-855-878-7855 ext. 777
P.S. We Hire Licensed Real Estate Agents!... more
It is possible that you will qualify by yourself wit the 585 score and 60K income. It will depend on all the other factors that go into qualification other than income and credit score, but what you have stated certainly won't disqualify you. If you can come up with 3.5% down payment and closing costs or negotiate seller paid closing costs you may be able to get a FHA mortgage.
Contact me for assistance.... more
It really depends. I describe this market as a dual market. You have your foreclosure/REO market A and the regular sales which include probates market B.
Market A is in transition. Whereas the property is distressed and the purchase price has been under market for the past year, the banks are now requiring more money to close these sales. They are pushing up the prices on these so the deals are not really there anymore for the most part. REO's are the next greatest number of inventory. The REO inventory we have is selling well, as a result of buyers and agents becoming tried of the runaround. The previous short sale chasers are now shifting to the REO listings. REO listings find themselves competing with multiple offers some as high as 50 people bringing in offers. That is if the property has only minor repairs needed. They are selling above market comps. A contributing factor for this has to do with the FHA loans being available to so many people and the willingness of the banks to give 3% in closing costs to the buyer, making this an ideal opportunity for 1st time home buyers.
Market B multiple offers and selling above market value.
What all this means in a nutshell is single family homes are selling and selling at prices there show appreciation from last year, and appears to be the trend for now. Also, this is more of a "normal" appreciation as oppose to the false appreciation market of the past during the sub-prime market.
As for multi-family homes...different bean here.
Buyers need 30% in most cases to purchase income property. However, if you are living there you can still do an FHA or less down. It is tough to get loans on these so your competition is less. I think there are some nice opportunities in the mulit-unit market. There are no real steals but they will only appreciate over time. The lower end units need far to much work to make them good rentals
Also this new incentive that includes non first time home buyers is bringing out more people who were on the fence about pulling out money on their paid off homes to buy a second home or upgrade to a new one. We are just starting this phase so it be interesting to see how this effects the prices. It may bring both sales and prices up a notch.
The only thing that is certain is, "There is never a bad time to buy real estate, only bad times to sell"
The secret anomaly to all of this is what the govt may do next to save and keep people from losing thier homes. New programs are popping up to help keep people from foreclosing. For as many homes on the market there are equal numbers in loan modification and some even doing a cash for keys and renting back from the bank.
Also you have to factor area, Pasadena, La Cresenta, Toluca Lake, some areas of Glendale and Burbank, Los Feliz have been increasing in value this year. Azuza, Long Beach, and many areas that had rapid builds have areas where there prices are still declining or leveling out.
Hope that helps... more
That wouldn't be a reason to break a lease. The best thing you could do, is find some one that would qualify for the lease and ask the landlord, if they could take over the remaining 6 months.
You will be responsible for any time period that it is empty.... more
You can get an esimate from several lenders but what you really want are gaurantees on the rate, points & lender fees at the time of locking in your rate, if not then it's just that an...estimate.
Keep in mind that rates change everyday so what is the best deal with one lender today could end up being a better deal tomorrow somewhere else. Also remember that you will be dealing with your loan officer / lender for 30 days or more...That means service could be compromised when only basing your decision on price alone.
More info. on lending or estimates let me know and good luck to you... more