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Tim Moore, Real Estate Pro in Kitty Hawk, NC
Tim Moore answered:
2nd home for investment
You really should consult your tax advisory to be certain. Normally you will pay a higher interest rate for an investment or 2nd home. You won't get many tax deductions unless you ... more
0 votes Share Flag Sun Mar 6, 2011 Home Buying in Pasadena
Tim Moore, Real Estate Pro in Kitty Hawk, NC
Tim Moore answered:
How much approximately is to change to copper pipes & update the electrical wires?
No one here will be able to tell you. It won't be cheap or easy. I can say that. You need to contact some contractors and have them work up an estimate.
0 votes Share Flag Wed Jan 26, 2011 Remodel & Renovate in Pasadena
Melissa Krch…,  in Rancho Cucamonga, CA
Melissa Krchnak answered:
Who was the selling agent on 3790 Greenhill?
Jayne Parsons of Keller Williams (626) 204-3300 had that listing.
0 votes Share Flag Mon Aug 13, 2012 Home Selling in Pasadena
Gina Labella…, Real Estate Pro in Temple City, CA
Gina Labellarti answered:
Realtors: Why is it that I find many homes listed here and not in the MLS?
MLS is updated more efficiently, with pending, sold status etc..
0 votes Share Flag Fri Nov 12, 2010 General Area in Pasadena
Kevin Olson,…, Real Estate Pro in Colorado Springs, CO
Kevin Olson, Jessica Laude answered:
I am starting a Foreclosure Clean Out Business, any ideas for leads? In the Los Angeles area. I strive to be the best so want to wrk with the best.
Hello,

I've got experience in the REO industry, and it is nice that you are getting together a business plan, but honestly these companies don't care that you have a plan i ... more
0 votes Share Flag Fri Nov 12, 2010 Foreclosure in 91107
Richard Schu…, Real Estate Pro in Los Angeles, CA
Richard Schulman answered:
How can people afford 800k condos in Pasadena?
Lots of people do. In California about 25% of all sales are cash sales, without any type of financing.


Richard
0 votes Share Flag Thu Sep 30, 2010 Home Buying in Pasadena
John Souerbry, Real Estate Pro in Fairfield, CA
John Souerbry answered:
How does the ratio of owner/tenant occupancy of a condominium in California affect the ability to get mortgage financing?
I understand the problem, ownership of more than 10% of a complex by one owner disqualifies all the units for FHA financing. However, policing what an owner does with their units could ... more
0 votes Share Flag Sun Aug 22, 2010 Home Buying in Pasadena
Muriel Levin, Real Estate Pro in Beverly Hills, CA
Muriel Levin answered:
I'm interested in selling my property and looking for an agent. I have seen a few properties in my neighborhood that have gone for nice prices
Let me know what the address of the properties are and I will tell you what you want to know. My colleague and I work in the area and it's very easy to find out. Please give me ... more
0 votes Share Flag Fri Aug 17, 2012 Home Selling in Pasadena
Michelle Wynn, Real Estate Pro in Beverly Hills, CA
Michelle Wynn answered:
what is it like to live in pasadena?
Pasadena is a lovely city to live in. I lived there for twenty years. If you have any additional questions, please contact me at michellewynn@earthlink.net.

Thanks,

Michelle
... more
0 votes Share Flag Thu Sep 30, 2010 In My Neighborhood in North Arroyo
Shel-lee Dav…, Real Estate Pro in Palos Verdes Estates,...
Shel-lee Davis answered:
Are multiple offers common in the nicer neighborhoods of Pasadena?
Annie:

Currently, multiple offers are common on any correctly priced home under $740,000 in any neighborhood. The main reason is low interest rates and low down payments. Don' ... more
0 votes Share Flag Mon May 3, 2010 Home Selling in Pasadena
Lee Bothast, Real Estate Pro in San Marino, CA
Lee Bothast answered:
Earthquake Retrofitting Assessment.
Try Thomas Pelletier at The Foundation Works: 323-663-4841

Good luck!

Lee Bothast
2nd Generation Pasadena Area Realtor
Coldwell Banker Residential
0 votes Share Flag Tue May 4, 2010 Remodel & Renovate in 91106
Jason Stevens,  in Englewood, FL
Jason Stevens answered:
Disclosure of death in property
I'm not familar with disclosure laws in CA, but here in Florida disclosure of a death is not required. It does not materially effect the value of the property so therefor does not ... more
0 votes Share Flag Sun Jun 2, 2013 Rental Basics in 91101
Harry Khayal…, Real Estate Pro in Pasadena, CA
Harry Khayalian answered:
What are some of the things to look out for in older properties?
Good question.
Some of the things you should look out for are structural damage, outdated plumbing, electrical, etc. You are right some of these older properties look better then the ... more
0 votes Share Flag Fri Nov 16, 2012 Home Buying in 91101
Jenny Durling, Real Estate Pro in Los Feliz, CA
Jenny Durling answered:
Seismic Hazard Zone
You can order a natural hazards disclosure report. They are not very expensive and include many types of natural hazards including earthquake, flood, fire, radon, etc. check here: http ... more
0 votes Share Flag Wed Mar 24, 2010 Home Buying in 91101
Glen Mitchell, Real Estate Pro in Half Moon Bay, CA
Glen Mitchell answered:
Lender requires property management agreement
Interesting, not sure how many property managers would be willing to take a place for less than a year, but everything is negotiable. Is property currently rented. What is your invest ... more
0 votes Share Flag Sun Aug 25, 2013 Financing in 91101
Robin Silver…, Real Estate Pro in Garden City, NY
Robin Silverberg answered:
How many LLC members need to guarantee a commercial loan?
Ask the lender. They may ask to look at the agreement to see what it says about that. It is also up to the 4 members. If one or more do not have as good credit, they may be left off the ... more
0 votes Share Flag Wed Mar 17, 2010 Financing in 91101
Robin Silver…, Real Estate Pro in Garden City, NY
Robin Silverberg answered:
Commercial Financing...is this a good deal?
That is not really a bad deal. Many people think they are going to get a 5% rate on a commercial loan, but that just doesn't happen any more. You may want to shop around though to ... more
0 votes Share Flag Wed Mar 17, 2010 Financing in 91101
Dan Chase, Home Buyer in Texas City, TX
Dan Chase answered:
Property next to gas stations
That sounds like you will be near a commercial district. I would check with a local realtor but I suspect that means it will sell cheaper than a better location would.

Make sure the ... more
0 votes Share Flag Wed Mar 24, 2010 Home Buying in 91101
Monique & Joe…, Real Estate Pro in Los Angeles, CA
Monique & Joe Carrabba answered:
Is it possible to finance an all cash offer?
Hello Ken,

If you have interest in writing an offer that is all cash, make sure you have other contingencies in place (inspection for example) so you can switch to a loan as you woul ... more
0 votes Share Flag Thu Mar 18, 2010 Financing in 91101
Edward Uriar…,  in Pasadena, CA
Edward Uriarte answered:
Lending to LLCs and LPs
One of the officers in the LLC needs to personally Guarantee the loan. It wouldn't be referred to as Primary contact but a personal Guarantee by that member. I hope your partner u ... more
0 votes Share Flag Tue Mar 9, 2010 Financing in 91101
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