Home Buying in 91204 : Advice

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Tommy Lee, Real Estate Pro in 91502
Tommy Lee answered:
Are there lease-to-own properties in the La Crescenta, Montrose, Glendale, Ca areas?
Nicole,
Lease to own are very hard to find.

Please call or send an email if you need help with any of your real estate needs.

Tommy Lee
DRE #01723594 SFC (Short Sale & Foreclos ... more
0 votes Share Flag Tue Mar 19, 2013 Home Buying in La Crescenta-Montrose
Fred Yancy,…, Real Estate Pro in Woodstock, GA
Fred Yancy, Broker answered:
What are limitations on 203k loan amounts?
A traditional 203K loan specifically allows for the simultaneous purchase and repairs of a home. A home purchased with a conventional mortgage must be able to pass an appraisal, an eval ... more
0 votes Share Flag Mon Sep 16, 2013 Home Buying in Glendale
Mark Doran, Real Estate Pro in Glendale, CA
Mark Doran answered:
I'm looking for a house for rent...can you help?
Hey Christine, what price range do you have in mind?
0 votes Share Flag Mon Aug 27, 2012 Home Buying in Glendale
Levon Leo Ye…, Real Estate Pro in Glendale, CA
Levon Leo Yengibaryan answered:
What has happened to Glendale home prices?
Because of a very low inventory in the market there is some increase of prices, and not only in Glendale area. Because it has been only for the last few weeks, we cannot state that this ... more
0 votes Share Flag Wed Aug 22, 2012 Home Buying in Glendale
Edwin Andria…, Real Estate Pro in Glendale, CA
Edwin Andriassian answered:
is this property FHA approved?
Hi Marcos,

I'm not able to see the property address. Would you please be kind enough to send me the address?

By the way, please feel free to call me at 818-371-8015 and I would be ... more
0 votes Share Flag Sat Dec 1, 2012 Home Buying in City Center
John Arendsen, Real Estate Pro in Encinitas, CA
John Arendsen answered:
owner will carry a good idea for buyer
As an investor I look for OWC's aggressively. Just make sure you use an experienced RE attorney who knows how to package these types of deals. Lot's of sharks in the water.
0 votes Share Flag Sat May 26, 2012 Home Buying in Glendale
Student Of T…, Home Buyer in Houston, TX
Student Of The World answered:
I have a credit score of 682, a few thousand in the bank, and I'm a teacher looking to buy my first home. Are there any suggestions for me?
Go slow!!! Dont feel like you have to be in a house by the end of the month. There is nothing wrong with renting while you save up a hefty down payment while also growing your credit sc ... more
0 votes Share Flag Wed Sep 24, 2014 Home Buying in 91204
Jeero Habesh…, Real Estate Pro in La Crescenta, CA
Jeero Habeshian answered:
I changed my realtor due to some reasons. My new realtor and I went to see this one property that my previous realtor and I saw. Is that a problem?
Hello Moimoi:

You ask a good question which can have several correct answers. However, the way I practice real estate, and teach our agents is very simple: If there is a question of ... more
0 votes Share Flag Wed Mar 14, 2012 Home Buying in Glendale
Chris Lefebv…, Real Estate Pro in Methuen, MA
Chris Lefebvre answered:
if the interest rate on my mortgage is 4.75%, is it worted to refinance again at 3.87 % ?
The correct answer depends on how much closing costs would be (ideally as low as possible) and how long you plan on owning your home. You should do the math out both ways for the lengt ... more
0 votes Share Flag Thu Feb 9, 2012 Home Buying in 91203
Jeero Habesh…, Real Estate Pro in La Crescenta, CA
Jeero Habeshian answered:
I will like to refinince my mortgage, my only income is social security disability. Can i qualify for refinincing?
Hello Nicole:

Any continuous income is considered for the purpose of qualifying for a loan. I would look at your total income, expenses, the value of the property, and your credit to ... more
0 votes Share Flag Thu Feb 9, 2012 Home Buying in 91203
Roland Vinya…, Real Estate Pro in Sprakers, NY
Roland Vinyard answered:
My escrow extended for the second time due to seller taking his time on everything. If it doesnt close in 5 days like its suppose to how soon can i
You need an attorney. Before you can withdraw, declare "time is of the essence" and put down a closing date, a line in the sand - after which the sellers will know that they h ... more
0 votes Share Flag Mon Jan 30, 2012 Home Buying in Glendale
Dan Chase, Home Buyer in Texas City, TX
Dan Chase answered:
I am 31 fem, make 100K, have 125K in savings but I am not married, have a boy friend, in this low real estate market I am tempted to buy, am i ready
Do you have credit? Is your credit (fico) score above 620?

If your income is secure. If your industry is not going to throw away even more jobs, if you are prepared to buy and live i ... more
0 votes Share Flag Wed Jul 21, 2010 Home Buying in 91205
Keith Sorem, Real Estate Pro in Glendale, CA
Keith Sorem answered:
Who do I go through to buy pre-foreclosure home?
KJ
There is not very much inventory in the Montrose, La Crescenta area, so most properties that have owners in trouble tend to sell as a short sale instead of foreclose, which is less ... more
0 votes Share Flag Mon Jun 28, 2010 Home Buying in La Crescenta-Montrose
CJ Brasiel, Real Estate Pro in San Jose, CA
CJ Brasiel answered:
If a home has a non-permitted addition room and bathroom in the garage (iilegal construction),what happens? Can the city require it to be torn down?
Casa -

Yes, if the city finds out about it they can require it be torn down.
Normally, it is a neighbor who reports it.

http://bit.ly/cjVOOD

CJ
0 votes Share Flag Tue Sep 24, 2013 Home Buying in Somerset
James Gordon…, Real Estate Pro in Cincinnati, OH
James Gordon ABR PBD SFR SRS answered:
How does Realty Trac fit in the equation? What % do they get fr a sale of a house? And who hires them to ad for a home in foreclosure?
Realty Trac publishes legal notices on properties. They do not get a percentage and the property is not listed for sale on Reaty Trac just that there was a legal notice.
They get money ... more
0 votes Share Flag Tue Jan 5, 2010 Home Buying in Glendale
Keith Sorem, Real Estate Pro in Glendale, CA
Keith Sorem answered:
How long is the pre-foreclosure period in Calif? Is it the same (by law) thruout the state? Or does it depend upon the ind'l bank?
The foreclosure process starts when an owner fails to make a mortgage payment. From that point there is a brief period where the buyer can pay the late fees and make the loan current. ... more
0 votes Share Flag Wed Jan 6, 2010 Home Buying in Glendale
Leasing To O…, Real Estate Pro in Dallas, TX
Leasing To Own Solutions answered:
i am interested in a lease with option to buy in glendale. How easy is the process?
Hey there Margo....

The hardest part of a lease to own transaction is finding someone who is actually willing to sell as a lease to own. Many Real Estate Agents won't bother wi ... more
0 votes Share Flag Sat Sep 19, 2009 Home Buying in Glendale
Keith Sorem, Real Estate Pro in Glendale, CA
Keith Sorem answered:
Can anyone comment on their experiences with Glendale's first-time home buyer program?
To take advantage of the home buyer plan you need to attend a class that is offered about twice a year.
The program allows first time homebuyers to obtain down payment assistance, howe ... more
0 votes Share Flag Mon Aug 3, 2009 Home Buying in Glendale
Mark W. Mill…, Real Estate Pro in San Diego, CA
Mark W. Miller, Realtor answered:
why lending company does not want to finance newly flipped house?
Some lenders have a "seasoning" or "aging" policy. You can learn more about this by doing a search on the terms "mortgage" and "seasoning". Sometimes this seasoning period can be as sh ... more
0 votes Share Flag Wed Jul 15, 2009 Home Buying in Glendale
Tony Syedin, Real Estate Pro in Valrico, FL
Tony Syedin answered:
What does "Bank Approval 240k." at the end of a listing mean? Is this yet another code for a short sale?
Hi Dianne,
Most likely it means that the Bank had an offer and approved the sale of the property for $240,000. The listing agent is letting you know what the bank is comfortable with, ... more
0 votes Share Flag Mon Jul 6, 2009 Home Buying in Citrus Grove
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