Home Selling in Los Angeles : Real Estate Advice

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Richard Litt…, Real Estate Pro in Orange, CA
Richard Littlefield answered:
CAN I SELL MY HOME IF I TAKE OUT A REVERSE MORTGAGE LOAN AND ARE THERE ANY OTHER LOANS AVAILABLE THAT I CAN PAY BACK WHEN MY HOUSE SELLS?
Yes you may. Keep in mind that reverse mortgage is just a mortgage with no payments.

The issue is that it is FHA or government guaranteed, the cost of that guarantee is 1.75% not o ... more
0 votes Share Flag Mon May 2, 2016 Home Selling in 90038
Poccnprincess, Home Buyer in Los Angeles, CA
Poccnprincess answered:
How do I change the square footage and bathroom count on a property?
Call a general contractor and have them build some new rooms.
0 votes Share Flag Thu Apr 28, 2016 Home Selling in 90077
pulgan, Home Seller in Englewood, FL
pulgan answered:
What are some effective ways to increase the value of your home before selling?
In San Francisco, many are being bought by Asian investors so you may spend a lot of money for nothing. Recently I have seen some go for over $3 million and I watched the new owners who ... more
0 votes Share Flag Sat Apr 16, 2016 Home Selling in Los Angeles
Rich Reed, Real Estate Pro in Arcadia, CA
Rich Reed answered:
When can I back out of a home sale contract contingent upon finding replacement home?
Aren't you working with a Realtor? What does your Realtor say? If your agent doesn't know the answer, talk to their broker. It all depends on what is in your specific contract. I am a b ... more
0 votes Share Flag Wed Apr 13, 2016 Home Selling in Los Angeles
Rich Reed, Real Estate Pro in Arcadia, CA
Rich Reed answered:
What to do if a seller was tricked into thinking the property was being sold when it really went into something like a subject-to situation?
When I hear "tricked," I think "fraud." When I think "fraud," I say you may need legal advice from a qualified attorney.
0 votes Share Flag Tue Apr 12, 2016 Home Selling in Los Angeles
Desiree Lapin, Real Estate Pro in Los Angeles, CA
Desiree Lapin answered:
What should a seller pay when selling home in CA?
In California, most of the costs involved in selling a home are negotiable. That being said, there are customary Buyers and Sellers expenses.

Many of the costs associated with sellin ... more
0 votes Share Flag Tue Mar 22, 2016 Home Selling in 90012
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
Do I have to make repairs though the residential listing agreement that I signed said that I would do no repairs? Home would be sold as is.
Hopefully, that information was in the MLS listing so there is no confusion. Even so, you can't stop buyers from asking for repairs,and many lenders require repairs be made as well. It' ... more
0 votes Share Flag Mon Mar 21, 2016 Home Selling in Los Angeles
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
I signed a residential listing agreement, do I still need to make repairs?
The standard California Purchase Agreement it states the home is being sold "as is".IF you had no repairs in your MLS listing, the potential buyers should have been aware that you woul ... more
0 votes Share Flag Mon Mar 21, 2016 Home Selling in Los Angeles
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
How is earnest deposit working to seller? When can seller keep it?
Yes, please do ask your Realtor to explain how the Good Faith Deposit works for the seller. Each sale is different so your agent is the best source of information for you.
0 votes Share Flag Mon Mar 7, 2016 Home Selling in 90015
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
I am a seller and it's in the escrow process now. I need an advice what seller can do in this awful feeling situation.
I'm sorry you are having these issues and are so unhappy with the sale process. One of the jobs of your Realtor is to explain the process and help the sale go smoothly for you.

The ... more
0 votes Share Flag Wed Feb 24, 2016 Home Selling in 90012
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
Does anyone have experience with Commercial Short Sales? Can the bank go after other assets in addition to my commercial building?
I recommend you post this question on loopnet. You will have more Commercial Broker answers there.
0 votes Share Flag Tue Feb 9, 2016 Home Selling in Los Angeles
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
Time between selling & buying a new house.
I suppose you could board the horses and dogs. It's going to be expensive to do that, but I don't see that you would have any other choice. There are companies that specialize in the tr ... more
0 votes Share Flag Sat Feb 6, 2016 Home Selling in Los Angeles
Daniel Casti…, Real Estate Pro in Brentwood, CA
Daniel Castiel answered:
How important is a virtual tour in selling a home?
Hi Jeff,

Can be very important if your house shows well, if its a dump maybe not.

I would be happy to work you. Please feel free to contact me anytime
if you have questions.
0 votes Share Flag Tue Jan 12, 2016 Home Selling in Los Angeles
Jamie Tian, Real Estate Pro in Los Angeles, CA
Jamie Tian answered:
Is the seller obligated to make repairs to other than code issues found (fixed) during the inspection? Home was listed "as is". Buyer wants credit.
The seller is never obligated to make repairs, it is negotiable. If the contract was agreed upon "as is" then typically that means the seller does not want to make repairs and you shoul ... more
0 votes Share Flag Tue Jan 12, 2016 Home Selling in Los Angeles
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
I have sold our home and the new buyers are threatening to sue because we did not leave the hanging pot rack which is hanging on hooks. Help!!!!
Sue? That's a lot of money to spend for a pot rack! It's also petty and quite silly. I would give them the Rack de la Pots and move on!
0 votes Share Flag Fri Nov 20, 2015 Home Selling in Los Angeles
Daniel Casti…, Real Estate Pro in Brentwood, CA
Daniel Castiel answered:
What do I have, a 'SFH ADU', or a Duplex?
You will need to check the permits, remember , if you are in a rent controlled area then even if the garage is illegal it still falls under rent control,


I would be happy to work y ... more
0 votes Share Flag Fri Nov 20, 2015 Home Selling in 90027
Jukie93, Home Buyer in Los Angeles, CA
Jukie93 answered:
Who pays the delinquent taxes on a home for sale?
i'm interested in a house that is in nassau county ny,the taxes are in arrears and need c/o's would this be a problem to purchase and would the owner of the property be liable for these ... more
0 votes Share Flag Fri Nov 20, 2015 Home Selling in Los Angeles
Crystal Mens…, Home Buyer in Garden Grove, CA
Crystal Menser answered:
Can sellers legally back out when a home is in escrow?
Can the buyer back out of a sell if we have already have signed and wired the funds. The seller is questioning the title lien amount and hasn't signed the HUD.
We signed on June 8th a ... more
0 votes Share Flag Fri Nov 20, 2015 Home Selling in Los Angeles
Arpad Racz, Real Estate Pro in San Jose, CA
Arpad Racz answered:
I want to sell an older house in Los Angeles area 4b/3b. It has so many problems. Water damage, termite damage, mold, leaky roofs, rotting wood, etc.
Hi,

Getting inspections done, so you have an idea of the extent, and then the cost of the issues, that a real estate agent would then factor into area prices would be one way to do i ... more
0 votes Share Flag Fri Nov 20, 2015 Home Selling in Los Angeles
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
Must I disclose that my neighbor had a son with a mental disability?
Physical and mental impairments of neighbors, family members or friends or even your own, do not have anything to do with the conditions of your home and therefore need not be mentioned ... more
0 votes Share Flag Fri Nov 20, 2015 Home Selling in Los Angeles
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