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Randy Stoker, Real Estate Pro in Yuba City, CA
Randy Stoker answered:
South bay prices - how far will they fall?
I bet the real estate market bottomed out shortly after you posted this question and you thought the values would decline another 12 to 24 months. No one knows the future or can predict ... more
0 votes Share Flag Wed Oct 8, 2014 Home Buying in 90505
Alex Montelo…, Real Estate Pro in Seal Beach, CA
Alex Montelongo-Broker answered:
What if a seller doesn't disclose many very important things that he is aware of? Like house insurance claims over 30K in the past year?
The seller should have disclosed that information to you. They either tried to hide that fact or they did not know that they had to disclose that. Its hard to day. There is not enough i ... more
0 votes Share Flag Sat Jun 28, 2014 Home Buying in 90505
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz answered:
Any advise on finding a real estate attorney?
I always go the the Bar association recommendations if I don't have a personal referral.
0 votes Share Flag Sun Apr 20, 2014 Home Buying in 90505
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz answered:
What if an owner doesn't disclose that there is a rodent infestation when he is well aware of it? and a busted sewer pipe?
An owner should "disclose" everything that is "known" about the property. They are not required to disclose things they do not know. The burden of proving that he knew, without a doubt ... more
1 vote Share Flag Thu Apr 10, 2014 Home Buying in 90505
Paul Watkins, Real Estate Pro in Walnut Creek, CA
Paul Watkins answered:
are there any lenders who will make a loan to someone buying a home in California that had a foreclosure or short sale in the last year or so?
Hello Kennedy,

We have a bank backed program with reasonable rates that will allow for a short-sale, foreclosure or deed in lieu with no seasoning involved. This is not the FHA "Bac ... more
0 votes Share Flag Tue Oct 1, 2013 Financing in 90505
Kennedy O'Re…, Real Estate Pro in Torrance, CA
Kennedy O'Regan answered:
My friend just received DRE broker license and like to become mortgage broker. How can he obtain registration?
First he needs to get his NMLS license. without that, he cannot originate loans. There are educational and other requirements. It takes some time. To start, go to the NMLS website and r ... more
0 votes Share Flag Wed Jul 10, 2013 Agent2Agent in 90505
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz answered:
Our company won't let us take out our 401K for a down on a new home :( we were so hoping on that:( Now WHAT??? no home
Oh Dear,
Many people borrow money from Parents or other family members for the down payment. You can arrange to make payments to be sure you pay the family member back.
1 vote Share Flag Tue Jun 4, 2013 Home Buying in 90505
Cory La Scala, Real Estate Pro in San Diego, CA
Cory La Scala answered:
Can anyone recommend a good inspector for the Torrance area, who has extra training in roofs and foundations?
Thank you, David! Happy Holidays to you!
0 votes Share Flag Thu Dec 20, 2012 Home Buying in 90505
Elizabeth So…, Real Estate Pro in Santa Monica, CA
Elizabeth Sorgen answered:
Any one want to buy Supra lockboxes (the blue iBoxes)? I have 5 of them in mint condition I like to sell. $70 each, or $60 for bulk purchases. Joe
I'd like to buy them. Please call me.

Elizabeth Sorgen
310-469-0500
0 votes Share Flag Tue Nov 13, 2012 Agent2Agent in 90505
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz answered:
When buying a Home there is a 30 day escrow. Is this the same for all kinds of homes including mobile homes?
Dear Brian,
No, not necessarily. I have seen very short (20 day) escrows. With mobile homes they are often fast because they are less expensive then other types of property. You are fr ... more
0 votes Share Flag Sat Apr 9, 2011 Home Buying in 90505
Cheryl Garner, Real Estate Pro in Valencia, CA
Cheryl Garner answered:
Is it better to have a small amount of a mortgage payment or to pay off your home in full? Is it true that the taxes rise when your house is paid off?
If you pay off your home, you no longer have a interest deduction at the end of the year. Speak with you CPA and weigh the situation regarding the best step to take.

In California, ... more
0 votes Share Flag Wed Dec 29, 2010 Home Buying in 90505
Desari Jabbar, Real Estate Pro in Atlanta, GA
Desari Jabbar answered:
Thank you for your response. Mo
I don't think your answer came through.
0 votes Share Flag Fri Nov 19, 2010 Market Conditions in 90505
Mike Bjork, Real Estate Pro in Redondo Beach, CA
Mike Bjork answered:
Do anyone have part time mortgage broker job or if you know any company who is hiring in these days?
I'm actually with a direct Lender, which we're hiring Loan Officers now. I think they have PT openings too. You may want to call our office at (310) 373-0055 and ask for the Office Ma ... more
0 votes Share Flag Wed Jul 15, 2009 Home Buying in 90505
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Ellis Posner, Agent in Redondo Beach
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