92602 : Real Estate Advice

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Richard Litt…, Real Estate Pro in Orange, CA
Richard Littlefield answered:
Is it better to rent or buy if you are 62 and only have 20% to put down on a home?
Right now it is cheaper to buy the same house/

So the cost of renting an apartment is the same as buying a similar condo. The cost of renting a house it about the same as buying the ... more
0 votes Share Flag Fri Apr 29, 2016 Home Buying in 92602
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Is anyone doing 75% ARV Hard Money/private lenders loans in Colorado? There are several projects/great profits!
75% of ARV is considerably higher than most lenders are comfortable with. I have a lending partner that will do up to 80% of current value in Colorado plus a large portion of rehab cost ... more
0 votes Share Flag Mon Jun 29, 2015 Investment Properties in 92602
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i need a hard money loan for 2 home in northern california. im an investor that needs a loan up to 95% LTV. Can anyone recommend anyone who does it ??
It will be extremely difficult to find a reputable hard money lender who will loan up to 95% LTV. Any lender offering 95% is going to have a very high interest rate (15-18%) and sky-hig ... more
0 votes Share Flag Thu Jun 25, 2015 Financing in 92602
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Is anyone doing 75% ARV Hard Money loans in California?? It is an REO with no rehab. I need anything close to $692k.
Most hard money lenders will lend up to 75-80% of the current value of the property. Using ARV makes the loan riskier and thus more expensive for the borrower.
1 vote Share Flag Fri May 8, 2015 Financing in 92602
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Hello, i'm trying to find a hard money lender in the Lancaster area, thank you
If you are still looking for a hard money loan contact North Coast Financial. http://www.northcoastfinancialinc.com/ They have 30 years of experience doing hard money loans in San Diego ... more
1 vote Share Flag Sun Jan 11, 2015 Financing in 92602
Paul Youssef, Real Estate Pro in Irvine, CA
Paul Youssef answered:
Selling home with a loft extension that adds 130sqft but no permit. Done by a prev owner. Would getting a retroactive permit increase sale price?
It depends. Some buyers may pay for this "safety." Some may not care. If the addition is noticed by appraiser, bank may not finance. If that's the case, you can seller finance or en ... more
0 votes Share Flag Sat Nov 15, 2014 Home Selling in 92602
Annette  Law…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence answered:
Is market leader a good lead source?
It depends on if you want another job. (or hire someone to do this other job)
The recommended program to convert Market Leader internet leads compel you to chase inquires down within 1 ... more
0 votes Share Flag Sat Jul 26, 2014 Agent2Agent in 92602
Tiffany Q Lin, Real Estate Pro in Irvine, CA
Tiffany Q Lin answered:
Are there ANY HOUSES that have 4 bedrooms and 2 bathrooms for rent at anything LESS then $2800? If there is anything for $2600, that would help A LOT
Hi, Winnie,

Yes! There are 2 single family homes in Irvine for rent in that price range. Great Schools too!

Click the following link to view the Listings:
http://www.mrmlsmatri ... more
0 votes Share Flag Mon Mar 31, 2014 Rentals in 92602
MJ Omidbakhsh, Real Estate Pro in Irvine, CA
MJ Omidbakhsh answered:
What is the apprecaition rate per month in this area?
The market has picked up for sure some cities more than others. Orange county as a whole has about 23% increase comparing to November 2010. If you are curious about your area for your z ... more
1 vote Share Flag Tue Jan 29, 2013 Market Conditions in 92602
Keith Jones, Real Estate Pro in Seal Beach, CA
Keith Jones answered:
Getting clients for home cleaning and repair
Try sending info to homes for sale.
0 votes Share Flag Thu Jan 17, 2013 General Area in 92602
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
Need help trying to qualify for a mortgage loan.
The questions a lender will ask are the same ones you should be asking. I didn’t understand the double taxing statement. I understand cutting your benefits if that was the moti ... more
1 vote Share Flag Mon Jun 4, 2012 Home Buying in 92602
Nick Singh, Real Estate Pro in Aliso Viejo, CA
Nick Singh answered:
I want to lease my condo. Is there a big demand for condo rentals in my area?
It's a great time to be a Landlord surprisingly even in this economic recession.
It's all about supply and demand and right now there is a low inventory of rentals.
The rental comps s ... more
0 votes Share Flag Mon Jun 4, 2012 In My Neighborhood in 92602
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