Home Buying in Sylmar : Advice

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James Sanchez, Real Estate Pro in Burbank, CA
James Sanchez answered:
2 Story,4BD,3BT,approx 1,799 square feet. Lot Size 4,112 sqft,Built2002. Est show listing price of $280k. Redone kitchen/floors.
Sounds like this might have HOA's, if it does you are in low 3's also what area of Sylmar? House you are anywhere from 350-480k. I just closed on a property by Eldridge and Po ... more
0 votes Share Flag Wed Apr 3, 2013 Home Buying in Sylmar
Claudia Mull…, Real Estate Pro in Fremont, CA
Claudia Muller Gravelle answered:
I live in California. I purchased out of state home in 2007 with FHA loan. Lost the home to foreclosure in 2009. Do I qualify for FHA loan?
You will qualify for an FHA loan once you have reached three years from the time that you transferred title to the lender.
Your loan application must be dated after the three years a ... more
0 votes Share Flag Sun Jan 13, 2013 Home Buying in Sylmar
Alison Hillm…, Other/Just Looking in San Francisco, CA
Alison Hillman answered:
Need more information
Hi Azmi,

I hope I can help you, have you checked out this listing here?:

http://www.trulia.com/property/3087615822-13691-Gavina-Ave-548-Sylmar-CA-91342

What kinds of questions ... more
0 votes Share Flag Wed Nov 14, 2012 Home Buying in Sylmar
Ronnie Bramer, Real Estate Pro in Saint Petersburg, FL
Ronnie Bramer answered:
i got approve for 240 can i get 135 more or its impossible
If the lender approved you for 240 that is where you need to stay. No more than 28% of your income should go towards housing even if you did find away to get the extra 135 .
0 votes Share Flag Thu Dec 27, 2012 Home Buying in 91342
Karen Parson…, Real Estate Pro in Laguna Beach, CA
Karen Parsons-Fiddler answered:
I DONT HAVE A BANK ACCOUNT I MAKE GOOD MONEY 3000 A MONTH NO BILLS. BUT IAM SINGLE HOW CAN I EVER AFFORD TO BUY A HOUSE/CONDO $1200 WOULD BE GOOD HELP
Hi Minnie,

You have to start papertrails. Without a bank account...where does the money go? Obviously don't answer that in public, here. But you need to build a record of credit ... more
0 votes Share Flag Wed Nov 14, 2012 Home Buying in Sylmar
Rob Spinosa, Real Estate Pro in Mill Valley, CA
Rob Spinosa answered:
I am looking for hard money lender...I am investor that look for new contactsThank youMoshe
Mark Hanf at Pacific Private Money: mark@pacificprivatemoney.com or 800-605-8050.

Good luck,

Rob Spinosa
rspinosa@rpm-mtg.com
0 votes Share Flag Thu Sep 16, 2010 Home Buying in Sylmar
Mixmaster317, Home Owner in Los Angeles, CA
Mixmaster317 answered:
If a townhome is selling for $300,000 in sylmar...how much should the exact same condo sell for in Granada Hills (everything else being the same).?
Theres too many factors and varioubles that go into prices of homes...the rule of thumb is...start with the surrounding area of homes' value and go from there
0 votes Share Flag Wed Nov 14, 2012 Home Buying in Sylmar
Dot Chance, Real Estate Pro in Burbank, CA
Dot Chance answered:
What are the HOA for Mountain Glen properties in Sylmar? Are there any mello-roos for this community?
Celia, I will be happy to look this up for you...do you have a street name for me?

All my best,
Dot
818 339 7712
0 votes Share Flag Sun Sep 13, 2009 Home Buying in Sylmar
Keith Sorem, Real Estate Pro in Glendale, CA
Keith Sorem answered:
Where can I find information about homes for lease in Mountain Glen -Sylmar.?
Most investors who rent homes are very frugal, so they use cost-effective marketing, such as craigslist. Google "homes for rent, sylmar" and see if that helps.

On some occasions R ... more
0 votes Share Flag Fri Jun 26, 2009 Home Buying in Sylmar
Voices Member,  in
Voices Member answered:
how does an auction work?
Adriana, Here are a few auction sites you can take a look at and see how they work.

Remember due diligence.... Tax sales in CA... http://www.sco.ca.gov/ardtax_public_auction.html
... more
0 votes Share Flag Mon Jun 1, 2009 Home Buying in 91342
Rit Lam, Home Buyer in Fresno, CA
Rit Lam answered:
Hi, I live in California and my husband and I put in a bid on a bank owned house. We bid the asking price.
Unfortunately, bank and it's listing agent do this. Sometime the agent doesn't send your offer to the bank, s/he would hold on to your offer and wait for a better one to come along, if ... more
0 votes Share Flag Fri Mar 6, 2009 Home Buying in Sylmar
Keith Sorem, Real Estate Pro in Glendale, CA
Keith Sorem answered:
House bought for Land Value question
That phrase "land value" is a descriptive term, not a legal term. As long as there is a dwelling on the property and the Dept. of Building and Safety has not revoked the occupancy perm ... more
0 votes Share Flag Fri Aug 29, 2008 Home Buying in Sylmar, CA
Dyanna, Real Estate Pro in California
Dyanna answered:
Is there a req'd amount of time the banks agent has to accept or deny our re-submitted offer on a short sale?
If you have a 30 day extension that is good, but unfortunately, because there is a new offer on the property it is going to take 20-25 days to get an approval. They will move a little q ... more
0 votes Share Flag Thu Aug 28, 2008 Home Buying in Sylmar, CA
Deborah  Lon…, Real Estate Pro in Torrance, CA
Deborah London answered:
what do i have to do to first in order to buy a house?
Hi Craig. One of the first things to do is to connect with a Realtor you feel comfortable and happy working with. He or she can then direct you to one or two sharp lenders for you to t ... more
0 votes Share Flag Tue Aug 26, 2008 Home Buying in Sylmar, CA
Ute Ferdig -…, Real Estate Pro in Newcastle, CA
Ute Ferdig - Atty. Negotiator answered:
Can a Cal-Vet loan be used to pay for a manufactured home that is not on permanent foundation?
Hello Lisa. Below is the link to the page that contains the Cal Vet loan requirements. You'll find information about lending requirements for mobile/manufactured homes on page 6 (## 1 ... more
0 votes Share Flag Sat Jun 21, 2008 Home Buying in Sylmar, CA
Melanie Mcsh…, Real Estate Pro in 91342
Melanie Mcshane answered:
Are the land leases a tax write off? Agents push this statement, but according to the IRS these leases do
Hello Noelle,
I can tell you from experience that while it does not appear that Santiago Estates qualifies to write off the land lease, several of the homeowners who live there do wri ... more
0 votes Share Flag Tue Jun 17, 2008 Home Buying in Sylmar, CA
Karen Miller,…, Real Estate Pro in Long Beach, Signal H...
Karen Miller, Realtor answered:
Would I have to also quialify for the landlease along with the price and the home through the same lender?
Hi Kay,

Yes it does. The bank will only write a loan for less than 5 years of the lease. For example, if there is a 30 year landlease, the longest loan a bank will approve is 25 ye ... more
0 votes Share Flag Sun May 18, 2008 Home Buying in Sylmar, CA
Christopher…, Real Estate Pro in 92543
Christopher Walker answered:
Auction question
In any case, the lender must approve the sale terms and price at the auction. Although you were the "2nd highest bidder" the price may still be the issue. Even though you may have been ... more
0 votes Share Flag Sat Apr 19, 2008 Home Buying in Sylmar, CA
Melinda J. R…, Real Estate Pro in Hudsonville, MI
Melinda J. Robison answered:
I see an auction sale for a Sylmar house for less than $10,000. Is it normal? What could be the downside?
Murali, hmm. I don't have all the details here, but since it is an auction I am guessing that is the minimum bid. I have seen some auctions that advertise the minimum bid is $1,000. ... more
0 votes Share Flag Fri Apr 1, 2011 Home Buying in Sylmar
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