Eggprince,
Seller usually vacate the property by the time the buyer takes possession. This is usually close of escrow plus two to three days.
This should been made clear to them by their agent.
Kawain Payne, Realtor... more
Hola Hernan,
The presence of school and other commercial structures nearby tend to have negative effect on the resale value. But ultimately, the resale value will be dictated by buyer's preference as some will be looking for specific amenities, location, and of course schools.
Most important is that you love the house, the area and ultimately provide more benefits.
Best wishes,
Daniel Choi
Broker Associate
Nextage Capital Advisors
1521 Wilshire Blvd
Los Angeles, CA 90017
www.michantli.com Spanish website for homebuyers and sellers
http://eviteforeclosures.blogspot.com... more
Dee:
I would advise the utmost caution. We are hearing of people "renting" out vacant homes that they do not own. They take your money and disappear. Meanwhile, when you move in you are trespassing on someone else's property.
I can look up both the ownership of the property and whether or not it is in foreclosure. Contact me through my profile or call me with the property address. Better safe than sorry.
Shel-lee Davis, QSC®
Certified Distressed Property Expert – CDPE®
Short Sale & Foreclosure Resource – SFR®
Certified HAFA Specialist – CHS®
Your Real Estate Consultant for Life
RE/MAX Palos Verdes Realty
http://shel-lee.listingbook.com... more
There are banks in my area renting properties, especially those of builders that were never sold, due to falling prices small community banks found it more favorable to rent the homes than to market them for sale.
Who did you hear from that the house was in foreclosure? Unless you received notification from a bank, a homeowner struggling with his payments or hearsay about looming foreclosure does not necessarily get you out of your lease agreement with the owner.... more
Newinvestor,
I happen to own some real estate in South Gate near Huntington Park. The demographics are very similiar and the rents as well. There is alot of movement in the these cities as for renting. You should be able to get market rent for your property right now. Are you interested in having it managed or are you looking for tenants for your property?
As a local Real Estate Agent I can refer you to a competant company that will assist you with your building. You can email me at rubensarinana@c21abetterservice.com with more information or questions.
Ruben... more
Jose you need to talk to an attorney. I have run into this in my area so here is what I have seen. You signed the note andstill responsible for making the payments on it. The lender has a mortgage that you signed giving them the power to forclose on the property. You have signed away the deed so one of the options to mitigate the loss to the lender which is a short sale you can not do without having the people you signed the deed to becoming a party to the listing agreement.
You have a mess right now and need help to get it straight.... more
YOU hired the Realtor so YOU are the boss. Try asking him exactly WHY he doesn't want to return your deposit and demand a straight answer. Also, you do have some recourse for retracting your bid. Has the offer acceptance deadline passed? If so you can demand that your offer be withdrawn and your deposit be returned to you and if your realtor gives you a hard time go to his supervisor or even call Home Office if it's a large franchise.
Perhaps this link can help you:
http://www.hud.gov/offices/hsg/sfh/reo/goodn/gnndfaq.cfm... more
You may be able to do a construction loan. You draw money from the loan during the course of construction and then start paying it back when the construction is completed. Check with a lender to be sure.... more
You didn't attach a link to the home you want to see. Properties in Huntington Park, South Gate, Bell and Bell Gardens are very attainable. The prices are low and the interest rate is low which allows you to purchase a little more. I have a list of properties that I can send you. Those properties will give you an interest rate of 4.375% and pay all of your closing. These are great homes, in the areas you like for the price that you might see as competitive. Let me know if I can be of assistance.
Dyanna
dyannaavila@hotmail.com... more
Hello Bm. If you want up to date crime rates you can always visit the Huntington Park police department and ask them for a computerized print-out. They are usually really good about providing these servies to the public. If you are looking to purchase in Huntington Park, please give me a call.. I have sold many homes in Huntington Park and have an office in South Gate.
Dyanna... more