Laarni G. Omingo

I'm a:	Real Estate Professional
Company:	Century 21 Pure Gold
Location:	Orange County
Web sites:	My Blog

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About Me

I have been in the real estate for 20 years after finishing my MBA in Financial Management. My background in Finance and my understanding or different cultures and history (courtesy of my BA in Asian Studies) make me understand my client's needs both in the economic and sociological levels. Prior to working full time in Real Estate, I also taught in college for a couple of years so patience is a second character to me. I think our industry is the most misconstrued there is a lot of ignorance in what we are doing . I consider this job as almost paving the "Yellow Brick Road", the way where Dorothy can go back to Kansas complete with beautiful memories. My love of real estate is only superseded by my love of God, country(the USA) and my family.

And through peaks and valleys, I am here to serve my clients.

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Laarni G. Om…'s Questions (0)

Laarni G. Om…'s Answers (114)

Do you have to be in financial hardship to put your house on short sale? What if you're not and basically?

Asked Tue May 13 2008, 23:17 by Mona Lisa - San Lorenzo - Home Selling - 7 answers

Laarni G. Omingo answered:

Hi Mona Lisa,

I can totally understand your sentiment. but the lenders packet requires you to explain your predicament. Financial Hardship is, I would say, the foremost reason for them to accept your short sale proposal. Hang In there- if you can totally avoid the "mob" mentality and concentrate on your household, you will be fine.

Good Luck,
Laarni - Wed May 14 2008, 08:16

Can I get a diffrent mortgage broker this far along?

Asked Mon May 12 2008, 18:34 by Debbie - California - Home Buying - 5 answers

Laarni G. Omingo answered:

Hi Debbie,

As long as you can close on time, you still can. But you may have already incurred some costs from the other broker. If this broker is causing you a great deal of aggravation, by all means, do what you need to do.

All the best,
Laarni - Mon May 12 2008, 19:38

How can I check if the improvements in the house I am planning to buy are permitted? Can I get copies or blue?

Asked Mon May 12 2008, 14:43 by Che - 90638 - Home Buying - 4 answers

Laarni G. Omingo answered:

HI Che,

Your agent should be able to help you and tell you if the improvements had been permitted through the seller's disclosure reports. But bear in mind that permits are mostly needed if there are alterations on the property and these permits are available in the city hall for a price if they are too new to come out of the dataquick reports.

Good Luck,
Laarni - Mon May 12 2008, 18:27

How long is a house listed on the market when it is considered possibly off buyers' radar screen? We are at

Asked Sun May 11 2008, 11:32 by 123456 - Moreno Valley - Home Selling - 5 answers

Laarni G. Omingo answered:

Hi 123456,

You may want to revisit your pricing and ask your agent to pull some more comparables. Your biggest setback is you are competing with a lot of short sales and foreclosures in your area that is really affected by this downturn in real estate. If you have a lot of equity on the property and you really want to sell, then conider lowering your price..

Good Luck to you,
Laarni - Mon May 12 2008, 10:43

when buying a Short Sale property, who pays for back taxes and back HOA dues?

Asked Fri May 9 2008, 22:24 by Dee - Torrance - Home Buying - 4 answers

Laarni G. Omingo answered:

Hi Dee,

Technically, the seller. Since the Seller is pleading to its current mortgagee that he wants to do a short sale, the current lender asks the listing agent to do an estimated costs so when it gets approved, everybody gets paid. The items you mentioned get paid FIRST before the lender decides on Agent's commission.

Good Luck,
Laarni - Sat May 10 2008, 06:52

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