Home Buying in 90034 : Questions & Answers

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Rich, Real Estate Pro in 89117
Rich answered:
If I buy a House for my Son, Can i buy it and have the property in his name.
If you need help to raise your sons credit scores fast,
We specialize in raising FICO scores dramatically, in weeks, not months or years.

As a matter of fact with one of our most ... more
0 votes Share Flag Thu May 7, 2015 Home Buying in 90034
Karen Peyton, Real Estate Pro in Chandler, AZ
Karen Peyton answered:
If my name is on title but not the loan, what property rights do I have?
You have rights of ownership and all that means according to state law where the property is located.
0 votes Share Flag Thu Apr 23, 2015 Home Buying in 90034
Arpad Racz, Real Estate Pro in 94040
Arpad Racz answered:
Does rent to own still exist and how does it work?
Hi,

Lease Option to Buy is another way to research it.

Kind regards,

Arpad
0 votes Share Flag Wed Sep 24, 2014 Home Buying in 90034
Gail Mercedes…, Real Estate Pro in 90045
Gail Mercedes Cole-Trulia VIP answered:
Lender is not requiring me to purchase HO6. Building HOA policy has enough coverage to satisfied the lender. Should I get the HO6 insurance?
Hi First Time,

I would review HOA policy and make determination is coverage is sufficient for your requirement. If not sufficient consider purchasing addition coverage for your needs ... more
0 votes Share Flag Sun Nov 3, 2013 Home Buying in 90034
Gail Mercedes…, Real Estate Pro in 90045
Gail Mercedes Cole-Trulia VIP answered:
Seller wants to do a leaseback for a couple of weeks. Is it safe? Anything I should look out for?
Firsttime,

A lease-back is a formal lease. All documents should be signed,dated by both parties and submitted to escrow. Sellers per diem lease amount is the buyer's total housing ex ... more
0 votes Share Flag Mon Jun 24, 2013 Home Buying in 90034
Gail Mercedes…, Real Estate Pro in 90045
Gail Mercedes Cole-Trulia VIP answered:
Lender is asking if the loan can be closed early. Is that the same as closing escrow early?
I my view that is lenders request that escrow closes early. For the prospective buyers loan to close he or she has to be the owner of the property. The lender is aware of the escrow loa ... more
0 votes Share Flag Sun Jun 16, 2013 Home Buying in 90034
Gail Mercedes…, Real Estate Pro in 90045
Gail Mercedes Cole-Trulia VIP answered:
is there any new houses in the market in Beverlywood 90034/90035?
Hi, do you mean new active listings on the market or newly built homes? I can run a daily update of all new listings in zip codes 90034 and 90035. Please let me if you would like this d ... more
0 votes Share Flag Thu May 30, 2013 Home Buying in 90034
Jamie Hennes…, Real Estate Pro in Rancho Cucamonga, CA
Jamie Hennessey answered:
Do I pay the remainder of the down payment on the same day I go and sign the closing documents?
I usually have my clients coordinate with the escrow officer who is completing the escrow and act accordingly to what the escrow officer when he/she would like the down payment to be wi ... more
0 votes Share Flag Wed Mar 28, 2012 Home Buying in 90034
Trulia VIP D…, Real Estate Pro in Las Vegas, NV
Trulia VIP David Cooper answered:
Can a buyer in California accept offers on two separate homes at the same time (to choose between the two of them after inspection)?
You will need to open escrow in 3 days once your offer is accepted. You can tell the listing broker you are making your best and final offer because you are interested in another home ... more
0 votes Share Flag Sun Jun 5, 2011 Home Buying in 90034
M.D.J, Real Estate Pro in Los Angeles, CA
M.D.J answered:
Can a 203k loan be used to place a foreclosed manufactured home on a foundation? and make other repairs needed to pass FHA?
If you haven't already you should talk to a 203k specialist.

Best of luck to you.
0 votes Share Flag Mon Mar 7, 2011 Home Buying in 90034
David Akram, Real Estate Pro in Santa Clarita, CA
David Akram answered:
Where is a good area for a first time buyer to invest in? Looking for 2 BD under $400,000
Hi Jesse,
There are some great condos in the Santa Clarita Valley in the low to high $200K with about 3 bedrooms and up.
Let me know if you want me to send you some listings.

Thank ... more
0 votes Share Flag Wed Feb 16, 2011 Home Buying in 90034
commercial a…, Real Estate Pro in Los Angeles, CA
commercial appraiser answered:
Can I use a FHA 203(k) loan for a foreclosure?
Yes!

Curtis D. Harris, CGREA, REB, FHA203K Broker Agent, Southern California, 310.337.1973
0 votes Share Flag Wed Oct 28, 2009 Home Buying in 90034
John Sefton, Real Estate Pro in 90802
John Sefton answered:
House flipping in this market?
$250,000 is excessive remodeling cost for a 1500 square foot home, especially in a $600K neighborhood. You should be able to build a home that size from scratch for that price. I woul ... more
0 votes Share Flag Fri Sep 25, 2009 Home Buying in 90034
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz answered:
Possibility of loan?
Hi again Lapcas,
I would recommend that you go to the bank manager where you are currently banking and speak to them about a possible loan. Most loans will require proof of financial ... more
0 votes Share Flag Wed Sep 23, 2009 Home Buying in 90034
Deborah Brem…, Real Estate Pro in 90049
Deborah Bremner answered:
I am looking for a realtor to work with. i am looking for homes for sale or bank owned in west side area
How have you been doing in your home search? Did you find a Realtor that you are satisfied with?
Debbie Bremner
The Bremner Group at Coldwell Banker
33 years licensed as a Realtor
... more
0 votes Share Flag Thu Sep 17, 2009 Home Buying in 90034
Alex, Home Buyer in 90034
Alex answered:
I am interested in buying a pre-foreclosure or foreclosure. or a house at the best possible price. Hoever, I filed for bankruptcy, chap. 7 and
Thank you for your answers.
Where does one find private and legitimate loans?
Many thanks
0 votes Share Flag Thu Sep 17, 2009 Home Buying in 90034
L.A. Real Es…, Real Estate Pro in Los Angeles, CA
L.A. Real Estate Group answered:
Should a permitted enclosed patio be part of a home's square footage? What were your buyer's experiences?
Hi Rosie
You are correct...Patios are not living spaces and should not be considered in the square footage.That woudl be classified as a bonus room, in a marketing pitch. We work very ... more
0 votes Share Flag Wed Oct 29, 2008 Home Buying in 90034
Monique & Joe…, Real Estate Pro in Los Angeles, CA
Monique & Joe Carrabba answered:
bank owned homes in 90034 and 90064 zip codes
Hello Deepesh,

I'll send you the list shortly. Let me know if you have any questions. Our team has 22 years of combined experience dealing with REOs. Let us know how we can help. Ra ... more
0 votes Share Flag Mon Jul 28, 2008 Home Buying in 90034
Jim Finseth, Real Estate Pro in Hermosa Beach, CA
Jim Finseth answered:
Hi,I found the dream home and I'm almost set with everything,
I advise my clients to see who the current owner has the insurance with. They most likely have already done the shopping around over the years since they were the ones paying the bill.
0 votes Share Flag Wed Jun 25, 2008 Home Buying in 90034
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