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Kyle and Nor…, Real Estate Pro in 91502
Kyle and Norma answered:
Does the number of listings include the "shadow inventory", the bank owned homes that are for sale?
No... "Shadow Inventory" is inventory that has not hit the market yet; such as preforeclosures, foreclosed properties that banks have not yet listed and or loan modifications ... more
0 votes Share Flag Thu Jun 17, 2010 Market Conditions in Burbank
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
how do i know whether this FSBO is serious?
A buyers offer certainly could assist you with a fsbo and would have been able to asist you with the offer and eliminate the things you are facing. First of all your offer should never ... more
0 votes Share Flag Sat Feb 27, 2010 Home Buying in Burbank
Steve Ornell…, Real Estate Pro in Fremont, CA
Steve Ornellas answered:
Liquidated Damages
Hi Alice, you have entered into a situation that is best reviewed by a Real Estate lawyer. Any Realtors responding to this question will only be able to provide opinions based on the pr ... more
0 votes Share Flag Thu Feb 4, 2010 Home Buying in Burbank
Al Akerman, Real Estate Pro in New Jersey
Al Akerman answered:
the home buying stimulus tax credit. would this apply to a second home or must one sell one's home and then buy another?
Nicholas, if you are buying a second home and won't be moving in there then you cannot get any credit.

If you are buying a new home to move into then if you have owned and lived ... more
0 votes Share Flag Thu Feb 18, 2010 Home Buying in 91506
Bonnie Scrib…, Real Estate Pro in Fullerton, CA
Bonnie Scribner answered:
I'm looking for a house with garage, pool and garden. preferably modern and European. I'm still looking around, I still live in the
What particular area are you looking for? What are your plans when living there - proximity to a work location, shopping, freeways, schools? Number of bedrooms and baths? One or two- ... more
0 votes Share Flag Thu Jan 23, 2014 Home Buying in Burbank
Voices Member,  in
Voices Member answered:
Can the lender increase the interest rate or change the closing cost after the customer signed the refinance contract?
I assume it is because the property type was actually a condo (townhouse is not a legal description), and there was a risk based add-on, probably for it being a condo with an ltv more t ... more
0 votes Share Flag Fri Oct 23, 2009 Financing in Burbank
Brad Benson, Real Estate Pro in Sarasota, FL
Brad Benson answered:
We have a chance to buy an REC but it does need some work. How do we finance the work the house needs?
There are several options in financing repairs to a home you would be purchasing, whether it be your primary or an investment property. Through FHA and conventional lending programs, I ... more
0 votes Share Flag Thu Aug 13, 2009 Financing in Burbank
Jacob Varghe…, Real Estate Pro in San Jose, CA
Jacob Varghese answered:
Is it okay that my mortgage broker is in a different county?
That should not be a problem!!!
0 votes Share Flag Sat Oct 12, 2013 Financing in 91504
Keith Sorem, Real Estate Pro in Glendale, CA
Keith Sorem answered:
I would like info on the new condos/apartments being built in Burbank. They're above Glenoaks on Delaware
There are quite a few new condo projects in Burbank. You can reach me at 1-888-284-2056.

It is interesting that in Glendale the developers for the most part of opted to lease. In ... more
0 votes Share Flag Mon Aug 3, 2009 Home Buying in Burbank
Michael Barr…, Real Estate Pro in Irvine, CA
Michael Barron answered:
How do foreclosures work? in burbank are there a lot of foreclosure homes, if yes what's the average saler
Hi there Lore, Foreclosure generally means a bank owned property. Depending on the home, size location will effect the selling price. Many Bank owned homes are great deasl but they can ... more
0 votes Share Flag Wed Jan 6, 2010 Foreclosure in Burbank
Judith Hendr…, Real Estate Pro in New Canaan, CT
Judith Hendrickson, Agent answered:
made an offer on a bank owened house asking price 205k offered 249k the bank says they got over 30 offers ours
Don't purchase a property for more than it's appraisal value. You lose money! You will most likely have to put more money down to cover the 20% required plus the difference in appraised ... more
0 votes Share Flag Wed Jul 29, 2009 Foreclosure in Burbank
Keith Sorem, Real Estate Pro in Glendale, CA
Keith Sorem answered:
Is it true that on FHA Loans you can use the 8000 credit as your Down Payment for first time Home Buyers.?
Have you talked with a lender?
Artin Babayan, the OCD Group 1-800-963-4623

The $8000 phases out with income, so in order to qualify you probably will not see much of the cre ... more
0 votes Share Flag Sun Jul 19, 2009 Home Buying in Burbank
Keith Sorem, Real Estate Pro in Glendale, CA
Keith Sorem answered:
More than 20 offers in different properties and no luck!
There is a lack of inventory in the areas that you are looking, so contrary to media reports, it is common to have multiple offers for attractive properties, particularly in yo ... more
0 votes Share Flag Tue Jul 28, 2009 Home Buying in Burbank
Mission Viejo…, Real Estate Pro in Mission Viejo, CA
Mission Viejo Real Estate by Valorie Stover answered:
do you have a better chance on banks accepting offers of cash?
Yes, banks like cash offers.
0 votes Share Flag Tue Jan 25, 2011 Foreclosure in 91501
Dot Chance, Real Estate Pro in Burbank, CA
Dot Chance answered:
I am interested about new constructions of Condo/townhouse in Burbank.Glenoaks/Delaware & Glenoaks/Bethany.
Shapur, I did not find these units on the MLS yet. If you email me at dotchance@ureach.com and remind me you need this info I will try to drive by there and see what I can find out. Bur ... more
0 votes Share Flag Sun Jun 28, 2009 Home Buying in Burbank
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz answered:
With how many Brokers I can work to buy house OR do I have to appoint one and work with him. Thanks
You should pick one excellent buyer agent to work with. Do not try to enlist more then one.
0 votes Share Flag Thu Jul 2, 2009 Home Buying in Burbank
Dyanna, Real Estate Pro in California
Dyanna answered:
I would like to know what are my rights as a viable co-borrower: Can I keep my APPROVED loan modification and
In order to qualify for the loan modification the person on the loan needs to sign the modification documents. If both of you are on the loan then you both need to sign. You might have ... more
0 votes Share Flag Fri May 8, 2009 Foreclosure in 91506
Bob Khalsa, Real Estate Pro in Santa Clarita, CA
Bob Khalsa answered:
what is the status of some townhouses located at 13540 Hubbard St, Sylmar, CA 91342, unit nos 10, 3, 26 & 37.?
Hi Castor:

Only unit #10 is available. Units 3 & 37 are in escrow and unit #26 has not been listed as yet. Should you want to see unit #10 do let me know.

Bob Khalsa
Unit ... more
0 votes Share Flag Thu May 7, 2009 Home Buying in Burbank
Burbank Buyer, Home Seller in Burbank, CA
Burbank Buyer answered:
Should I make a THIRD offer?
I would have thought that by now, the sellers would have come back to me begging me to buy their little cape cod. They haven’t. You may think it’s time to forget about tha ... more
0 votes Share Flag Fri May 8, 2009 Home Buying in Burbank
John Barry, Real Estate Pro in Los Angeles, CA
John Barry answered:
What was the sales price for 346 Victory Ct, Burbank? Is it out of escrow?
Hi there,

According to the information available on the MLS, the escrow on this property closed about 10 days ago, on 3/20/09, and the sales price was $250,100.00. If you need any a ... more
0 votes Share Flag Mon Mar 30, 2009 Home Buying in Burbank
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