Home Selling in Orange County : Advice

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Joe Homs, Real Estate Pro in Mission Viejo, CA
Joe Homs answered:
Need to sell deceased parents' home.
Your brothers friend was right. With a living trust everything is very simple. Have your sister list the home and handle the paperwork. Escrow will handle the transfer/sale from trust i ... more
0 votes Share Flag Thu Sep 5, 2013 Home Selling in Orange
Emily Knell, Real Estate Pro in Huntington Beach, CA
Emily Knell answered:
Inherited a property with a non-permitted addition, do I need to tear it down or bring it up to code?
Be sure it is unpermitted, have the city check the records. Then if it is absolutely not permitted, it doesn't necessarily need to be torn down, you need the city building inspector to ... more
0 votes Share Flag Mon Jun 16, 2014 Home Selling in Orange County
Shaukatali K…, Real Estate Pro in Katy, TX
Shaukatali Kadibhai answered:
Do you need a professional stager to sell your house?
No need to have it staged but will look better and presented better.
Look at the video and see if YOU can do the job as well.
0 votes Share Flag Sat Feb 16, 2013 Home Selling in Irvine
Dan Rivera, Real Estate Pro in Las Vegas, NV
Dan Rivera answered:
close of escrow?
All of the above, everything you mentioned.
0 votes Share Flag Wed Feb 13, 2013 Home Selling in Laguna Niguel
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
When do I give buyers the keys?
Assuming that you have moved out;
You give the keys to your Listing Agent and let him worry about the Keys.
0 votes Share Flag Wed Apr 8, 2015 Home Selling in Laguna Niguel
Joseph Fleis…, Real Estate Pro in Orange County, CA
Joseph Fleischaker answered:
How to sell our 4 3 house in irvine to investors without being ripped off?
If you have equity in the house I would be willing to fund all the repairs and get it in great shape so you can get top dollar for it.
0 votes Share Flag Tue Jun 11, 2013 Home Selling in Irvine
Joe Homs, Real Estate Pro in Mission Viejo, CA
Joe Homs answered:
Tax result if I sell my home now? About $700,000., bought at $210,000. in 83.
Gipykrop,

You should probably check with your CPA, but if you are married each of you can deduct $250,000 in capital gains on the sale of a principal residence. Therefore with you an ... more
0 votes Share Flag Fri Jun 20, 2014 Home Selling in 92867
Mark Gundlach, Real Estate Pro in 92677
Mark Gundlach answered:
If I get approved for a Short Sale by Flag Star Mortgage for $100k less than I owe, how do I make sure I'm not taken to court for the remainder?
There will be stipulations in the approval letter but, you can also request a written statement from the bank that your debt has been forgiven in the form of accepting the short sale, a ... more
0 votes Share Flag Wed Jul 17, 2013 Home Selling in 92694
Steve Ornell…, Real Estate Pro in Fremont, CA
Steve Ornellas answered:
Short Sale Cancellation.
Ev3522:

I would insist on a properly filled-out formal contingency removal via CAR form CR.

-Steve
0 votes Share Flag Sun Dec 2, 2012 Home Selling in 92867
Joe Homs, Real Estate Pro in Mission Viejo, CA
Joe Homs answered:
Do I pay tax if I sell my house because of relocation?
Your question is best answered by a CPA, but I would say yes. I would also say congratulations if you have capital gains to pay. That means you made a profit. I can only guess that you ... more
0 votes Share Flag Thu Nov 8, 2012 Home Selling in Orange County
Shane Milne, Real Estate Pro in Laguna Niguel, CA
Shane Milne answered:
Need help stopping foreclosure in South Laguna Beach
Stacey Joel Safion is an attorney who has around 20 years of experience in real estate/short sale/foreclosures and is located in Laguna Niguel, which is right up the street from South L ... more
0 votes Share Flag Tue Jan 1, 2013 Home Selling in South Laguna
Mack McCoy, Real Estate Pro in Seattle, WA
Mack McCoy answered:
We are extremely dissatisfied with our realtor. He has lied to us, ignored us on multiple occasions in regards to the sale of our condo/house purchase
Sure, go ahead.

What happened with the three offers that you got the first day it was on the market?
0 votes Share Flag Wed Oct 17, 2012 Home Selling in Orange County
Chad Fritzin…, Real Estate Pro in Palmerton, PA
Chad Fritzinger answered:
How the banks in a short sale process will determine the seller's eligibility for HAFA? In other words,what are the qualifications for HAFA incentive?
1. Borrowers must have first-lien mortgages that are owned, guaranteed or secured by Freddie Mac.
2. Property must be single family residence consisting of 1-4units.
3. Borrower mus ... more
0 votes Share Flag Thu Sep 27, 2012 Home Selling in Orange County
Bud Zeller, Real Estate Pro in Placerville, CA
Bud Zeller answered:
How would you handle it if competitors knowingly contact your seller/client and try to get private showings before the property has hit the MLS?
Perhaps a new trend? Could listing agents be waiting and incouraging "in house offers?"
0 votes Share Flag Thu Aug 2, 2012 Home Selling in 92672
So Cal Homes…, Real Estate Pro in Hemet, CA
So Cal Homes 951-821-8211 answered:
Bank approval received Friday. COE scheduled Monday. Move out 3 days after COE. No warning to hire mover. What can we do?
When it comes to a short sale I say if you are lucky to have your approved, start packing and forget about blogging. Consider yourself lucky to get out from under that $100,000 or so a ... more
0 votes Share Flag Sat Jul 28, 2012 Home Selling in Orange County
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
I served a Demand to Close Escrow on the seller.... they are already over the 30 day close. Can I back out and get full deposit back?
From what you've shared, it sounds like the seller is out of compliance with your contract. I would think you are entitled to cancel and get your money back...what does your agent say?
0 votes Share Flag Wed Aug 27, 2014 Home Selling in Newport Beach
Joe Homs, Real Estate Pro in Mission Viejo, CA
Joe Homs answered:
Anyone interested in purchase of 2 bdrm 1 ba condo in Tanglewood West?
I will sell it for you for only 4%, why go through this hassle? Let a professional handle the transaction for you. Give me a call.

Joe Homs
949-625-4533
0 votes Share Flag Thu Jun 21, 2012 Home Selling in Cypress
Bob Phillips…, Real Estate Pro in Coto de Caza, CA
Bob Phillips - (949) 887-5305 answered:
Buyers given keys to our home without consent before the close of escrow!
Interesting dilemma, P.C..

MY first order of business would be to find out when the escrow is going to close, followed by doing everything in your power to make sure it does.

... more
0 votes Share Flag Sun Jun 17, 2012 Home Selling in Orange County
Mahesh Patel, Real Estate Pro in Anaheim Hills, CA
Mahesh Patel answered:
Is there someone very familiar with Colony Park in Anaheim?
Hi Kent:
There is a good chance that if you sell now, you may see a slight 'loss' on the sale, as you know prices have dropped since 2009.

You can decide to sell or rent, dependi ... more
0 votes Share Flag Tue Jun 5, 2012 Home Selling in Anaheim
Jeremy Lehman, Real Estate Pro in Corona del Mar, CA
Jeremy Lehman answered:
anyone know a ballpark amount a 4 bed 4.5 bath townhome at the colony park in anaheim can sell for
Looks like mid $400's at least, give or take depending on the specifics. The market has really picked up, so that will certainly help. We're seeing quick sales, full price (or more) off ... more
0 votes Share Flag Thu May 17, 2012 Home Selling in Anaheim
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