Home Selling in Orange County : Real Estate Advice

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Team Kociela, Real Estate Pro in Tustin, CA
Team Kociela answered:
current value of house loacted at 10072 Larson Avenue, Garden Grove, CA 92843
Hi, Thinh. There is only one way to get a "true" estimate of the value of a home, and that is to have a realtor or licensed appraiser do a market analysis. There are lots of ... more
0 votes Share Flag Wed Dec 23, 2009 Home Selling in Garden Grove
Patrick Thies, Real Estate Pro in Anytown, IL
Patrick Thies answered:
I am really confused. If I short sale my home, I am told that once I accept an offer we open escrow. Then the bank responds.
Keep in mind that your contract is with the buyer. You need to go by the terms of that contract. You could accept another offer as a backup offer to the first offer. You need to make ... more
0 votes Share Flag Tue Apr 17, 2012 Home Selling in Dana Point
Emily Knell, Real Estate Pro in Huntington Beach, CA
Emily Knell answered:
Why would I consider Short Selling my home.Some say it will not impact my credit as badly, but I am told from 2 of the credit reporting agencies
The loan modification or request for one should NOT have affected your credit score by 200pts. I think you have a case to fight the credit bureaus on that one.

On the surface loan m ... more
0 votes Share Flag Mon Dec 14, 2009 Home Selling in Dana Point
Matthew Bart…, Real Estate Pro in Glendora, CA
Matthew Bartlett answered:
In CA, behind on payments. Can I still Short Sell?
Hi Thom,

Yes, you may certainly sell your home as a short sale. I would recommend that you speak with a Realtor who has experience working with short sales. They will be able to walk ... more
0 votes Share Flag Sat Dec 5, 2009 Home Selling in Orange County
John Villaes…,  in California
John Villaescusa answered:
How can a seller back out of escrow in ca without getting in trouble? Our realtor is not helping us and now we are in a jam because of him.
You can do a cancellation of escrow but it may cost your parents. They need to speak with their Realtor about this issue before escrow closes.

John & Sarena Villaescusa
Owner/R ... more
0 votes Share Flag Fri Mar 23, 2012 Home Selling in 92840
John Villaes…,  in California
John Villaescusa answered:
My brother, sister and I inherited equal shares of our parents house. My brother wants to buy the house from my sister an me. There will be no real
If any real estate agent is going to be involved in the transaction they will want to be payed a 3% commission to the transaction. No Realtor will want to show your house if you do not ... more
0 votes Share Flag Thu Dec 19, 2013 Home Selling in Seal Beach
Sean Dawes, Other/Just Looking in Philadelphia, PA
Sean Dawes answered:
Should we sell at a loss or rent out our townhouse?
For tax implications, I would consult an accountant as realtors are not tax specialists.

Let me ask this, can you carry a mortgage plus rent if the tenant walks out on your or you ex ... more
0 votes Share Flag Sat Jan 16, 2010 Home Selling in Orange
Bonnie Scrib…,  in Fullerton, CA
Bonnie Scribner answered:
where is the bestp lace to look for a home in socal?
The best place is where you want to live and what you want to achieve by your investment in real estate. If you need to be near work, that's something that must be considered. Sc ... more
0 votes Share Flag Wed Oct 8, 2014 Home Selling in 92833
The Medford…, Real Estate Pro in Fremont, CA
The Medford Team answered:
Just bought and now want to sell.
You can always sell your home any time you want – however, there are implications to selling so soon after purchasing:

(1) You will need to pay the standard fees for selling ... more
0 votes Share Flag Sat Jan 16, 2010 Home Selling in Santa Ana
Karen Parsons…, Real Estate Pro in Laguna Beach, CA
Karen Parsons Fiddler answered:
When can an investor "flip" a recently FHA purchased investment property?
Hi,

I don't think there is a time frame if you purchase an FHA home, but if you have an FHA buyer. If the buyer is going to use FHA financing then the seller has to have owned t ... more
0 votes Share Flag Thu Jan 20, 2011 Home Selling in Costa Mesa
"Carolina Joe" Idleman answered:
If I sell my home to an FHA buyer I am forced to pay any of the buyers cost?
No. Your closing costs should not be any different than with a conventional sale. If you are working with a Realtor ask them to provide you with a seller's net sheet. This shoul ... more
0 votes Share Flag Wed Oct 28, 2009 Home Selling in Santa Ana
Thom Colby, Real Estate Pro in Irvine, CA
Thom Colby answered:
Why cant a realtor give me a straight answer?
Maher,

During the 10 years you were licensed as a Real Estate Salesperson in CA there were up and down cycles. Were YOU able to predict the future during either the up or the down c ... more
0 votes Share Flag Thu Oct 22, 2009 Home Selling in Orange County
Patrick Thies, Real Estate Pro in Anytown, IL
Patrick Thies answered:
are banks doing short sales these days, if so.. how long does it take to get approval upon offer (avg).?
Yes banks are doing short sales. It can take anywhere from 3 to 6 months and sometimes longer depending on if there are second loans or other liens on the property. If you are buying ... more
0 votes Share Flag Sun Jul 7, 2013 Home Selling in 92656
Kelly, Home Seller in Orange County, CA
Kelly asked:
If my home will be foreclose does the bank take my business? Waht will be with my cheking , saveing account. I have a shoe store and ny house close to foreclose what will be with me? Does the bank will took my business, or I will have just a collection ?Pleas help me?
0 votes Share Flag Wed Oct 7, 2009 Home Selling in Orange County
Karen Parsons…, Real Estate Pro in Laguna Beach, CA
Karen Parsons Fiddler answered:
How to I find Realtors to allow me hold open houses?
Hi,

The problem you are running into is that the brokerage wants to keep the money in-house., so that's the policy. For my part....I only allow agents that I know and work with ... more
0 votes Share Flag Tue Sep 15, 2009 Home Selling in Orange County
Brandon Yee, Real Estate Pro in South Lake Tahoe, CA
Brandon Yee answered:
the buyer canceled the escrow so who has to pay for the work escrow did?
Hi Carol,

If the buyer canceled the escrow, he/she will be the one to pay for escrow's work. In general, the buyer is the one to open escrow anyway. Good luck.
0 votes Share Flag Wed Sep 16, 2009 Home Selling in Orange County
Connie Bramb…, Real Estate Pro in Rancho Cucamonga, CA
Connie Bramble answered:
I will be selling my house in California. I know I have to pay capital gains on the sale. I heard that if
Hi Sam,
You must have been filing you income tax from Oregon the last 3 of five years so you know you pay capital gains. I myself have never heard of the 3% additional tax you are spe ... more
0 votes Share Flag Sun Aug 30, 2009 Home Selling in 92672
Dave Osborne, Real Estate Pro in Orange, CA
Dave Osborne answered:
I am interested in buying a short sale property, my initial offer was accepted, but now they are saying I
If your offer was made and accepted in purchase contract form, then it will clearly state what buyer's responsibilities are and the seller's responsibilities. If you did not ... more
0 votes Share Flag Sat Aug 22, 2009 Home Selling in San Clemente
Matt McClain,  in Rancho Cucamonga, CA
Matt McClain answered:
Buyer refuses to sign cancellation instructions
Hi.

This is tricky and I hear this every so often. My recommendation is to talk to a real estate attorney and get their opinion immediately. This issue needs to be resolved asap.

... more
0 votes Share Flag Sun Aug 15, 2010 Home Selling in Huntington Beach
Jeremy Lehman, Real Estate Pro in Anaheim Hills, CA
Jeremy Lehman answered:
How much value does an above ground swimming pool typically add in Southern CA.?
Unless it's spectacular, it's not really going to add any value. It might make the home slightly more desireable than some of the other available properties.

Jeremy Lehman
Century 2 ... more
0 votes Share Flag Tue Sep 29, 2009 Home Selling in Huntington Beach
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