Home Buying in 90803 : Advice

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Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
can my friend transfer his mortgage to me?
No.

Not unless his mortgage is assumable, which is highly unlikely.

Post more details on what you and your friend are trying to accomplish. There's almost definitely some way ... more
0 votes Share Flag Tue Nov 10, 2009 Home Buying in 90813
Heather Wern…, Real Estate Pro in Gilbert, AZ
Heather Werner answered:
Can I cancel escrow on a short sale that was never bank approved?
Maddog,
I will refer you to your Realtor, as every state is different, but in AZ, the offer would have had a "short sale addendum" attached to it, which has verbiage that all ... more
0 votes Share Flag Wed Nov 4, 2009 Home Buying in Long Beach
Lesley Harris, Real Estate Pro in Long Beach, CA
Lesley Harris answered:
In escrow for a condo in "The Palms" complex on Hathaway. Unit is lower level and the HOA paid for repairs prior to this sale for water
T.Rae,
I know that complex, right near the Traffic Circle and close to Mendez as well.
That is a brilliant question. I am not sure what the law says in regards for them to Provid ... more
0 votes Share Flag Mon Oct 19, 2009 Home Buying in Long Beach
CCC, Home Owner in San Diego, CA
CCC answered:
Is it standard practice for a mortgage lender to run a final credit check before funding the loan?
Yes, I have seen it when the buyer had several inquires before the first credit report was pulled.
I hope it is not your case and got more debt while the transaction was in process.
... more
0 votes Share Flag Thu Oct 29, 2009 Home Buying in Long Beach
Steve Ornell…, Real Estate Pro in Fremont, CA
Steve Ornellas answered:
I have made an offer to purchase a house in Long Beach, Ca.I am paying my own closing costs. Can you tell me what all of the closing costs are?
Hi Nitehawk,

Since you know the details of your specific transaction, I would suggest you visit the following site and follow the steps to obtain an estimate:
http://www.closing.com ... more
0 votes Share Flag Wed Sep 23, 2009 Home Buying in Long Beach
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
We've just been told by our agent that the bank will not give us a written approval on our offer for a
WOW bottom line you are at risk, I have not heard of this anytime in these types of situation never know.

GOOD LUCK great questions

National Featured Realtor and Consultant, Mort ... more
0 votes Share Flag Thu Aug 13, 2009 Home Buying in Long Beach
Peter Whittet, Real Estate Pro in Carlsbad, CA
Peter Whittet answered:
Does anyone know how you check for building permits on an addition in Long Beach?
By calling the city building department you sould be able to request by property address. Couple of things would be helpful the approxiamate time of the addition and who filed for it i ... more
0 votes Share Flag Wed Aug 5, 2009 Home Buying in Long Beach
Michael Magaw, Real Estate Pro in 90505
Michael Magaw answered:
Are there Lease Option to Buy properties out there?
A lease option should benefit both parties. You are the leasee and have the right to exercise the option if the market improves. If the value of the home deteriorates, then you have n ... more
0 votes Share Flag Thu Aug 6, 2009 Home Buying in Long Beach
Bonnie Scrib…, Real Estate Pro in 92835
Bonnie Scribner answered:
Does anyone think the bidding wars will die down when the $8k tax rebate is gone?
I hope so, because I'm bleeding for my clients. Unfortunately, a lot of the sales are to cash investors who are not counting on the $8K to make a difference. They are willing to pay m ... more
0 votes Share Flag Thu Jul 30, 2009 Home Buying in Long Beach
Glenn Gaspar, Real Estate Pro in Long Beach, CA
Glenn Gaspar answered:
Is there a price range where the bidding wars die off? 400k? 500k? 600k?
Hi Jeanne,

Good question here.

Food for thought: Using $350,000 (3.5%= $12,250 / 5%= $17,500 / 10%= $35,000). So the question here is how long will it take you to save these amou ... more
0 votes Share Flag Tue Jul 28, 2009 Home Buying in Long Beach
Jeremy Lehman, Real Estate Pro in Garden Grove, CA
Jeremy Lehman answered:
My real estate agent called me today and told me that it is urgent to go sign loan docs. In it were the loan
Usually a couple of days is sufficient. In reality, you need to have whatever amount of time necessary to understand and be comfortable with the terms of the documents, however, you als ... more
0 votes Share Flag Wed Jul 22, 2009 Home Buying in Long Beach
Dave Kerlin, Real Estate Pro in Long Beach, CA
Dave Kerlin answered:
MLS gateway is the only best and comprehensive to keep in touch with new listings ?
You can save yourself a lot of trouble and avoid repetition if you find an agent you feel comfortable working with and have them set you up with either mls gateway or listing book. Lis ... more
0 votes Share Flag Sun Jul 19, 2009 Home Buying in Long Beach
Jeremy Lehman, Real Estate Pro in Garden Grove, CA
Jeremy Lehman answered:
We are in quite the dilemma in trying to purchase a Wells Fargo bank owned foreclosure property. We were all
Because of all of the addendums you most likely signed, the bank was probably still within their right to pull the plug at the last minute. Get your paperwork out and look it up to veri ... more
0 votes Share Flag Mon Aug 3, 2009 Home Buying in Long Beach
Voices Member,  in
Voices Member answered:
can u guys plz gind me a good house in west long beach,ca?
Hi Frogie
Give me a call at 909-762-1153.
I can help you out with that.

Jes Sierra, Realtor®
www.banklisthomes.com
0 votes Share Flag Tue Jul 21, 2009 Home Buying in Long Beach
Barbara Robb…, Real Estate Pro in Long Beach, CA
Barbara Robbins-Olexa answered:
How do I find out which bathroom is permitted in my newly purchased home?
You can go down to the City of Long Beach-Planning and Building and pull up the permits which will include a drawing of the location of the permitted bathroom.

Barbara Robbins-Olexa, ... more
0 votes Share Flag Mon Jul 13, 2009 Home Buying in 90813
Glenn Gaspar, Real Estate Pro in Long Beach, CA
Glenn Gaspar answered:
WHICH AREA IN LONG BEACH IS GOOD FOR SAFTY LIVING BUT NOT TO EXPENSIVE.I MEAN
Hello Freeman,

A wise agent will not answer this question directly for you due to the litigation aspect here in the state of California.

My best advice for you is to first ident ... more
0 votes Share Flag Sat Jul 11, 2009 Home Buying in Long Beach
Emily S. Kne…, Real Estate Pro in Huntington Beach, CA
Emily S. Knell answered:
How is it that a home sold for $500,000 in May 2009 and is now back on the market listed at $305,000?
If you can give me the address I can figure out what happened.

Sometimes the tax record will show as a "sale price" what the bank may have taken a property back for (probably the amo ... more
0 votes Share Flag Sun Aug 12, 2012 Home Buying in Eastside
Fred Griffin, Real Estate Pro in Tallahassee, FL
Fred Griffin answered:
My husband and I are buying a short-sale.. but my agent does not answear my questions.. and I feel that she
"Verbal" is worth the paper it is printed on.

If you do not have it in Writing, you have nothing.
--------------------------------


Inform this Agent that you want copies of the ... more
0 votes Share Flag Mon Jul 6, 2009 Home Buying in Long Beach
Andy Bencosme, Real Estate Pro in Sierra Madre, CA
Andy Bencosme answered:
what is the property tax in california? nevada?
In california it is 1% of the assessed value plus any special taxes voted in by certain municipalities. This is from the Tax Assessor of Los Angeles' site at http://assessor.lacounty.g ... more
0 votes Share Flag Mon Jun 29, 2009 Home Buying in Long Beach
Glenn Gaspar, Real Estate Pro in Long Beach, CA
Glenn Gaspar answered:
Any areas in LA or Orange County that's not part of bidding wars? AND not invested with gangs or crime?
Hi Jeanne, don’t get discouraged. What you must have is a game plan where you and your selected agent work as a team.

Presently I have five clients (buyers) who are encount ... more
0 votes Share Flag Fri Jul 10, 2009 Home Buying in Long Beach
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