90043 : Questions & Answers

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Gail Mercedes…, Real Estate Pro in 90045
Gail Mercedes Cole-Trulia VIP answered:
procedures for purchase and rental
Hi Syahiran,
Check active listings for units. If property is 1-4 units can get residential lending. Anything 5 or more units lender considers commercial and the interest rates will be ... more
0 votes Share Flag Tue Sep 24, 2013 Home Selling in 90043
Shirley Smith, Real Estate Pro in Long Beach, CA
Shirley Smith answered:
what is the procedure for rent with option to buy property?
a real estate attorney is the only way to go. There are very few situations where rent to own works. Both renter and seller are usually overwhelmed by the details of the process.
0 votes Share Flag Mon Jul 29, 2013 Home Selling in 90043
Shirley Smith, Real Estate Pro in Long Beach, CA
Shirley Smith answered:
Curent renter wants to rent to buy. How much above curent rent do we charge fo the down payment?
In this market a property can go from active to pending after 1, 2 or 3 days on the market. The renter should contact the listing agent immediately to have an opportunity to make an of ... more
0 votes Share Flag Mon Jul 29, 2013 Home Selling in 90043
Phyllis Gilk…, Home Buyer in 42217
Phyllis Gilkey answered:
Is it okay for the buyer to contact the sellers agent to find out the status of a short sale?
We pulled out late last year after waiting 6 months. A few days later an offer was made by another buyer ......six months later the status of this property is now listed as withdrawn. ... more
0 votes Share Flag Sat Jun 22, 2013 Home Buying in 90043
Gail Mercedes…, Real Estate Pro in 90045
Gail Mercedes Cole-Trulia VIP answered:
5518 Bradna Dr 90043, does anyone know if this property is for sale?
5518 Bradna was listed by owner 12/28/2010 and cancelled 01/10/2011 for $415,000- currently is not on market. This home was foreclosed Jan. 2012. Currently bank owned. If you would lik ... more
0 votes Share Flag Wed Jun 5, 2013 Home Buying in 90043
Gail Mercedes…, Real Estate Pro in 90045
Gail Mercedes Cole-Trulia VIP answered:
LandLeaseType: Fee??? I HOPE IS NOT HOA!!
A good example of land lease is the Marina City Club. The owners own their condominiums but are leasing the land. There are additional monthly fees for land lease and they tend not to b ... more
0 votes Share Flag Sat Jun 1, 2013 Home Buying in 90043
Dinece Carmi…, Real Estate Pro in Mid City, Los Angeles,...
Dinece Carmichael, CDPE, RFC answered:
Is there any way to view foreclosure deals without having to subscribe to a program such as RealtyTrac?
I use a company called Default Research. I paid for a six month subscription for all of Los Angeles County and it has paid off tremendously for my company.
0 votes Share Flag Fri Feb 8, 2013 Foreclosure in 90043
Carson Valley…, Real Estate Pro in Gardnerville, NV
Carson Valley Land answered:
Can I put offers on multiple short sales at the same time to increase my odds of one of them getting accepted?
I agree with Felix. As a selling agent I would not work on a short sale if I know you were writing many offers. In addition, if you don't disclose that you have written several offers ... more
0 votes Share Flag Wed Jun 27, 2012 Home Buying in 90043
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
what is the outstanding mortgage on a property at 5161 southridge ave. los angeles , ca.90043
You can guess but the actual payoff is not public information. Here is how you get a close idea, go to the records and get a copy of the mortgage(s). Read them to find out what type ... more
0 votes Share Flag Thu Jun 14, 2012 Foreclosure in 90043
Jessicarusse…, Real Estate Pro in Sherman Oaks, CA
Jessicarussell answered:
Help! Strange Short Sale Scenario
Technically you should have entered escrow on this short sale. In a traditional sale you would definatly enter escrow. There are strong problems in the short sale market. Short sale num ... more
0 votes Share Flag Sun Apr 1, 2012 Home Buying in 90043
Andi Grant, Real Estate Pro in Los Angeles, CA
Andi Grant answered:
What is the earnest money deposit?
California Home Buyer 90043,
With more first time home buyers taking advantage of FHA loans requiring only a 3.5% down payment, the good faith/earnest money deposit amounts have relax ... more
0 votes Share Flag Sat May 23, 2009 Home Buying in 90043
Jeff and Che…, Real Estate Pro in Encino, CA
Jeff and Cheryl Fox answered:
Will recent loan modifications to interest-only be revised to reduce principle after stimulus bill passes?
It is my understanding that Obama will outline the details for the remainder of the TARP funds which will impact the issue you write about. Not too many people understand what is in the ... more
0 votes Share Flag Mon Feb 16, 2009 Financing in 90043
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