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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
Dan Chase, Home Buyer in Texas City, TX
Dan Chase answered:
is this for sale?
If you are looking at a realtytrack foreclosure listing the answer is no.

If you have an address or MLS# place that in your question and any realtor can help you.
0 votes Share Flag Tue May 25, 2010 Foreclosure in Vineyard
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
John Barry, Real Estate Pro in Los Angeles, CA
John Barry answered:
how to buy foreclosure home?
Hi Lady,

Your best bet is to work with a good agent who can provide you with foreclosure listings that are available & fit within the area, price range & size/style you are l ... more
0 votes Share Flag Fri Jan 8, 2010 Foreclosure in Pacific - Edison
Keith Manson-…, Real Estate Pro in Milwaukee, WI
Keith Manson- Metro Milwaukee Wisconsin answered:
Does a loan modification by a landlord void a 90 day notice from a bank listed on a trustee's deed upon sale?
A loan modification should stop the foreclsoure if in fact it is completed. The only way to confirm if it will effect the foreclosue sale is to contact the attorney handling the forecl ... more
0 votes Share Flag Fri Apr 23, 2010 Foreclosure in 91204
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
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
how does the hud $8000 tax credit for use as a down payment for first time buyers work.?
MrPrint,

Consider viewing the attached website. It is a good example of a common sence approact to explaining the "First Time Home Buyer Tax Credit" program,


www.federalhousingt ... more
0 votes Share Flag Tue Jun 9, 2009 Home Buying in Glendale
Steve Ornell…, Real Estate Pro in Fremont, CA
Steve Ornellas answered:
How much do I need down for a $800k home if I do a FHA loan to the maximum?
Hi Akiko, assuming you are in a $729,750 County, $70,250.

Check loan limits here: https://entp.hud.gov/idapp/html/hicostlook.cfm

Best, Steve
0 votes Share Flag Sat May 30, 2009 Home Buying in Glendale
Lori, Real Estate Pro in Bethlehem, PA
Lori answered:
how much allowance should i give my son in college?
My son has the same set up (we pay for it all!) and we give him $300 a month. That is for gas, movies, and I am sure a few beer and pizza parties. We are in PA so I am sure the cost o ... more
0 votes Share Flag Wed May 16, 2012 General Area in Glendale
Mario Villag…, Real Estate Pro in Burbank, CA
Mario Villagran answered:
i am not happy with my current agent although I signed a waiver. how do i terminate the service?
Chong,
First talk to your agent about what you expect from them and just open up the lines of communication. They may not know that you are not satisfied. If you two can't come to ter ... more
0 votes Share Flag Mon May 11, 2009 Home Buying in Glendale
Bob Khalsa, Real Estate Pro in Santa Clarita, CA
Bob Khalsa answered:
What's the fastest turnaround time between buying & selling a property you have witnessed? Not investment buy
8 months. Happened about 3 years ago.

Bob Khalsa
Broker
bobfoxbat@gmail.com
0 votes Share Flag Wed Mar 25, 2009 Moving in Glendale
Mario Villag…, Real Estate Pro in Burbank, CA
Mario Villagran answered:
I'm looking to get into a larger home.
I've had a lot of clients in this situation. The nice thing is that you are in Glendale and in Glendale you can get a good amount for rent. If you are able to rent your house and break ... more
0 votes Share Flag Thu Mar 12, 2009 Home Buying in 91205
Monique &…, Real Estate Pro in Los Angeles, CA
Monique & Joe Carrabba answered:
I am looking to buy a foreclosure or Bank owned house in Glendale, CA. Any REA can do this process?
Hello Lola,

Not just any agent can do the process (anyone with a liscense). It's best to go with an agent that has experience. There are properties in foreclosure (short sales) and a ... more
0 votes Share Flag Sun May 20, 2012 Home Buying in Glendale
Dawn Isenhow…, Real Estate Pro in Milford, OH
Dawn Isenhower answered:
How potentially serious is it to have drywood termite presence and damage in a house that I want to buy?
Andy,

I would do two things. I would get a contractor in there to give an estimate of what it would take to fix the damage, and then, I would get an estimate from an exterminator as ... more
0 votes Share Flag Mon Oct 27, 2008 Home Buying in 91205
Mario Villag…, Real Estate Pro in Burbank, CA
Mario Villagran answered:
what is a short sale?
In a nutshell a short sale is when the home is being sold for less than what is owed to the lender and the seller can not pay for the difference. Although the seller may agree to a sale ... more
0 votes Share Flag Mon May 7, 2012 Home Selling in 91205
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