Home Buying in 91042 : Real Estate Advice

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James Sanchez, Real Estate Pro in Burbank, CA
James Sanchez answered:
I have approved fha loane for 240.000. How can i find house or condo in this two areas 91042 and 91040?
Good question..... you probably won't. I live and work in the Shadow Hills area and the hardest challenge you will have is finding one that is FHA approved. If you are really inte ... more
0 votes Share Flag Tue Jan 21, 2014 Home Buying in 91042
Rudi Hofmann, Real Estate Pro in El Segundo, CA
Rudi Hofmann answered:
Pos and cons of buying a home next to a small wash? Backyard faces the small wash but you can't see the wash becuase of the tall wood fence.

This is probably not a big concern. In SoCal washes are the freeways for wild life. In Orange County that primarily means coyotes, mountain lions, raccoons, possum, skunks ... more
0 votes Share Flag Tue May 3, 2011 Home Buying in Tujunga
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
Can seller of a single residential property short sale & at the same time file forbankruptcy & integrate the house in the bankruptcy?
This is a legal question, so for a definitive answer you'll need to speak to an attorney. My understanding is that once a house is included in BK, all negotiations for a ... more
0 votes Share Flag Thu Sep 16, 2010 Home Buying in Tujunga
Emelia Sanch…,  in Ontario, CA
Emelia Sanchez answered:
Is it legal to change a property listing to "active" while someone is in escrow on the property?Is there a place to report an unethi...
Question 1: I am sure the realtor is marketing the home is available and noting "pending cancellation of previous escrow". This would mean the home is available if your escrow ... more
0 votes Share Flag Tue Apr 20, 2010 Home Buying in Tujunga
Grace Morioka, Real Estate Pro in San Jose, CA
Grace Morioka answered:
What percent of the owner's loan balance is the loan institution willing to accept as the final sales price for a short sale property?
Hello Mae and thanks for your email.

If we all knew that answer, short sales would close 90 percent of the time, rather than the abyssmal 40 percent that appears to be the average no ... more
0 votes Share Flag Mon Sep 14, 2009 Home Buying in 91042
Karen Miller, Real Estate Pro in Long Beach, CA
Karen Miller answered:
I placed an offer on a short sales property. The property was listed at $585.000 and I offered 530.000. After

Do you want the house? Do you believe that a short sale is priced at 10% above what the bank will take? What is the status of your offer? How often is your agent speaking to t ... more
0 votes Share Flag Thu Jan 31, 2008 Home Buying in Tujunga, CA
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