Home Buying in Lynwood : Advice

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Alex Montelo…, Real Estate Pro in Seal Beach, CA
Alex Montelongo and Associates answered:
i did a BK chapter 7 a year ago. my credit score is 652 i have really good income. can i purchase a home?
From the previous comments from the lenders in this forum, It looks like the odds are in your favor.
You may need a Broker to help you find your property. When you have the time, pleas ... more
0 votes Share Flag Thu Dec 18, 2014 Home Buying in Lynwood
Alex Montelo…, Real Estate Pro in Seal Beach, CA
Alex Montelongo and Associates answered:
How long does it take to purchase a home? I m a first time buyer with $10 thousand down
The length of time depends on your ability to secure a loan, a property, your lenders abilities, your agents abilities, the current marketplace, etc. Usually from beginning to end the p ... more
0 votes Share Flag Thu Dec 18, 2014 Home Buying in Lynwood
Alex Montelo…, Real Estate Pro in Seal Beach, CA
Alex Montelongo and Associates answered:
I purchase a 2unit and found out that the back house has an ilegal addition wich is the kitchen and bathroom including the roofand structure.
Compton and Lynwood both require a pre-sale inspection. Im surprised that it wasn't caught earlier. I would look into it more and make sure that the improvements are illegal before doin ... more
0 votes Share Flag Thu Dec 18, 2014 Home Buying in 90262
Alex Montelo…, Real Estate Pro in Seal Beach, CA
Alex Montelongo and Associates answered:
Hi, is it possible to purchase a home with a 510 credit score?
Your fico scores are too low. Start rebuilding your credit and you will be on your way to homeownership before you know it. I have been hearing of this company called Lexington Law that ... more
0 votes Share Flag Thu Dec 18, 2014 Foreclosure in Lynwood
Berna Sloan, Real Estate Pro in Tooele, UT
Berna Sloan answered:
what houses are for short sale?
Homes that the seller owes more than what i owed against it.
0 votes Share Flag Sun Nov 11, 2012 Home Buying in Lynwood
Matthew A. B…, Real Estate Pro in Glendora, CA
Matthew A. Bartlett answered:
ON 8/23 I SIGNED LOAN DOCS ON A APPROVED SHORT SALE AND THE LOAN IS TO FUND ON FRIDAY BUT THE TENANTS ARE STILL IN THE HOME. CAN I B/O & GT MY?
HI Yolanda,

The standard California Residential Purchase Agreement states on Page 3 of 10, Section 5, Sub-Section C Letter (i) Property shall be vacant at least 5 days prior to Close ... more
0 votes Share Flag Thu Aug 26, 2010 Home Buying in Lynwood
Monique & Joe…, Real Estate Pro in Los Angeles, CA
Monique & Joe Carrabba answered:
How can I verify that an apartment complex that was up for auction was sold, and who it was sold to?
Hello Like,

That information is confidential. If you are the new tenant it is likely the buyer will contact you. If you are the tenant I would advise confirming they show proof they ... more
0 votes Share Flag Mon Mar 1, 2010 Foreclosure in Lynwood
Ben Nicolas, Real Estate Pro in Long Beach, CA
Ben Nicolas answered:
if i buy a property and qualify for the 8000 tax credit, will i qualify for the extended credit if passed?
If you qualify for the extended credit you will get the exteneded credit... you won't get both

I think your question is more re: whether or not you will qualify and since the extende ... more
0 votes Share Flag Wed Jul 1, 2009 Home Buying in Lynwood
Steve Ornell…, Real Estate Pro in Fremont, CA
Steve Ornellas answered:
should i expect another wave of foreclosures to hit the market if i dont see a property now that is in our?
Hi Juan,

There's a good reason why the REO flow is at a trickle right now; however, look to the end of summer for noticeably more REO supply.

Lenders/Banks put the brakes on fore ... more
0 votes Share Flag Thu Jun 18, 2009 Home Buying in Lynwood
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