Home Buying in California City : Advice

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Claudia Mull…, Real Estate Pro in Fremont, CA
Claudia Muller Gravelle answered:
Does having a DU approval letter on a particular piece of property mean that my loan will absolutely be funded?
In order for you to be absolutely funded, the DU approval must be validated by an underwriter. That means that all the information that was in put by the loan originator must be backed ... more
0 votes Share Flag Sun Jul 14, 2013 Home Buying in California City
Claudia Mull…, Real Estate Pro in Fremont, CA
Claudia Muller Gravelle answered:
What is a pre approval?
Hi Q:

A preapproval is an actual, completed loan package that has been submitted to an underwriter for approval. The only piece that would be missing is the identified property.

... more
0 votes Share Flag Sun Jul 14, 2013 Home Buying in California City
Annette Levi…, Real Estate Pro in New York, NY
Annette Levinson answered:
i have a LLC, and i'm trying to build corp. credit. how can i buy real estate with no money down?
Jeanette,
You can't buy an investment property with no money down. LLCs have no income so you would have to buy the property in your own name.
0 votes Share Flag Wed Feb 1, 2012 Home Buying in California City
Shane Milne, Real Estate Pro in Laguna Niguel, CA
Shane Milne answered:
My score is 658 just came out of a Chapter 13 income $62000.00 year no bills can us my VA loan again after forcloser looking the 1k price range 0 down
A few things to consider when you have had a foreclosure on a VA loan and you are looking to use VA financing again. First you have to determine how much remaining entitlement you have ... more
0 votes Share Flag Tue Dec 27, 2011 Home Buying in California City
Priscilla Si…, Real Estate Pro in 45503
Priscilla Sims answered:
What's next after the BPO is completed by the seller's agent? How far am I to the closing?
Your offer is not accepted until all parties sign off on all of the bank's (seller's bank) final documentation. However, you should be on the final stretch! The seller' ... more
0 votes Share Flag Sun Jul 14, 2013 Home Buying in California City
Marcin Talaga, Real Estate Pro in 60656
Marcin Talaga answered:
What happen if I submit 2 short sale offers to the same bank on two of their different property at the same time?
Nate,

If you can show that you can afford both of them, then you don't have a problem. If you can't afford both of them, offer on the one you like best. If both offers go ... more
0 votes Share Flag Thu Mar 17, 2011 Home Buying in California City
Tesa Noonan, Real Estate Pro in Kern County, CA
Tesa Noonan answered:
do the real estate agent buy a property has to disclose they are liscenced real estate agent to the seller?
My understanding is yes, I would always disclose, in writing, to a Seller that I am a licensed real estate agent when making an offer to purchase a real estate property. As I am license ... more
0 votes Share Flag Fri Mar 14, 2014 Home Buying in California City
Tom Carrizal…, Real Estate Pro in Bakersfield, CA
Tom Carrizales answered:
I'd like to set up a children's toy store next to famous kids brands in California
What is your monthly budget for your space? and term limit?
0 votes Share Flag Sun Jul 14, 2013 Home Buying in California City
Phil Rotondo, Real Estate Pro in 32940
Phil Rotondo answered:
Reappraisal
Good Luck!!______________________
0 votes Share Flag Sun Jul 14, 2013 Home Buying in California City
Richard Mals…, Real Estate Pro in Fresno, CA
Richard Malsed answered:
May I ask how we can buy a bank owned Duplex with a tenant on one unit? And the tenant won't allow appraiser to do appraisal?
Unfortunately, since you are not going to be an owner occupant, the tenant can legally stay until the end of their current lease. The bank or the banks representative should be able to ... more
0 votes Share Flag Thu Feb 10, 2011 Home Buying in California City
Belinda Spil…, Real Estate Pro in Centennial, CO
Belinda Spillman answered:
If someone (elder lady)died in the property, will that affect the property value for resell?
Hi Nate. Is the elder lady still hanging around the house.... Realtors do not disclose whether or not someone died in the home. Of course, buyers can usually find this out on their o ... more
0 votes Share Flag Sat Feb 5, 2011 Home Buying in California City
Tesa Noonan, Real Estate Pro in Kern County, CA
Tesa Noonan answered:
With 40-45K cash what is my best option to buy?
Dawn -

You definately have some choices in Cal City, also some choices in Tehachapi. I ran a quick search and came up with over 10 properties within the two communities.
Call me!
... more
0 votes Share Flag Sun Jul 14, 2013 Home Buying in California City
Christian Mo…, Real Estate Pro in Pittsburgh, PA
Christian Molloseau answered:
Can you purchase a home in another state without having a job there, example: retired and drawing S.S. and have a suffcent down payment?
My understanding is that you can purchase property pretty much anywhere in the United States as long as you can achieve funding---meaning that you would have to meet the specific fundin ... more
0 votes Share Flag Fri Feb 4, 2011 Home Buying in California City
Tesa Noonan, Real Estate Pro in Kern County, CA
Tesa Noonan answered:
I am interested on buying a home in California City. I want to know if there are houses on sale no more than 60,000 that i can buy in cash?
Yes Veronica, there are homes available for purchase in that price range. Please call me for information.

Tesa Noonan (661) 717-3394
Coldwell Banker Best Realty
0 votes Share Flag Fri Feb 4, 2011 Home Buying in California City
Mack McCoy, Real Estate Pro in Seattle, WA
Mack McCoy answered:
does the law require you to be preapproved for a realtor to take you looking at houses for sale?
No, there is no such law, anywhere in the country.
0 votes Share Flag Sun Jul 14, 2013 Home Buying in California City
Realty Execu…, Real Estate Pro in Rancho Cucamonga, CA
Realty Executives Experts-909-256-2560 answered:
MID SORE 609 SALARY 87K LOOKING TO BUY A HOME IN LATHROP,CA HELLP BEFORE TAX CREDIT EXPIRES
Hello I am a direct lender and have a no fico program , feel free to contact me anytime!!! 909 996 4470 thanks Julian
0 votes Share Flag Sun Apr 4, 2010 Home Buying in California City
Mack McCoy, Real Estate Pro in Seattle, WA
Mack McCoy answered:
Buyer and seller sign contract seller wants earnest money up front
Seller doesn't come up with earnest money? Property is sold? What's going on here?

Are you saying that You, the Buyer, didn't come up with the Earnest Money, and that ... more
0 votes Share Flag Mon Dec 7, 2009 Home Buying in California City
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz answered:
Number of days on the market.
Yes, your realtor can give that information to you.
0 votes Share Flag Fri Jul 24, 2009 Home Buying in 93505
David Tubb, Home Buyer in California City, CA
David Tubb asked:
I know credit is tight but how can I obtain a mortgage loan to purchase a home worth 210K when I earn over 100K and have an excellent income to debt ratio but a few dings on my credit? Is subprime even a viable alternative these days since credit is limited? My transunion score is 640 but eq...
0 votes Share Flag Wed Jul 15, 2009 Home Buying in California City
Tim Ambrose, Real Estate Pro in Castro Valley, CA
Tim Ambrose answered:
I am looking for foreclosures and REO properties in excellent locations throughout CA and NY, anyone?
Hi Belle,

Here in Northern CA their is a number of good foreclosures in great areas. It really depends on price point and type, (SFR, Townhome, Condo) of property you and your invest ... more
0 votes Share Flag Sat Nov 28, 2009 Home Buying in California City
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