I have heard from another doctor that BBVA Compass does the 100% financing mortgages. Here is the general link: http://www.bbvacompass.com/mortgage/mortgage-options/ Or, email Steve, email@example.com to ask him what plans he can offer. [ https://www.broadviewmortgage.com/locations/camarillo-branch ] Good luck with your relocation plans. Are you working near Community Memorial?... more
This is an excellent question. Generally, the answer would be 'yes' - especially in the morning hours until the marine layer dissipates from the sun. Check out this website: http://forecast.weather.gov/MapClick.php?CityName=Ventura&state=CA&site=LOX&textField1=34.2783&textField2=-119.292&e=0 For historical data, check out this handy online tool from the Farmer's Almanac: http://www.farmersalmanac.com/weather-history/search-results/ I hope this provides clarity to your fog concerns....... more
Report any suspicious activity to the Broker of Record, DRE, and/or DA. The DREwill investigate complaints against real estate brokers and salespersons accused of misleading or defrauding consumers. If they can prove a violation of the Real Estate Licensing Law, a formal hearing may be held which could result in the revocation or suspension of the agent's license. Learn more here:
The Real Estate Fraud Advisory Team, Ventura County (REFAT’s) mission is to prevent, detect and report real estate fraud. The Real Estate Fraud Advisory Team, REFAT, has been established in conjunction with the Ventura County District Attorney’s Real Estate Fraud Prosecution Program. It is comprised of individuals from every aspect of the real estate community. Learn more here:
http://www.refat.org/ or visit them on F/B: https://www.facebook.com/VenturaCountyRealEstateFraudAdvisoryTeam
I hope this helps!... more
If you agent is a Buyers Agents they would not get any info direct from the Sellers Bank but from teh Listing Agent or the negiotiator hired to work on the sellers behalf. It is why the seller needs an expereinced and aggressive listing agent who can get updates and pass thenm onto your agent or you. You need to assess where the seller is in the short sale process. First the short sale package is completed and submitted, then the sellers bank will order an appraisal, once it comes back they determine if your offer is at or under market value. The process can take as little as a month but 2 months on average. if the agent is not following up properly, it could be 3-6 months. Check with the listing agent for updates.... more
First off, have you discussed these questions with your current agent? For any agent to answer your question would take getting to know your situation. And depending on where you are looking and what you are looking for specifically, it will be hard to answer your question.
But from a timing standpoint, now is a great time to buy with record low interest rates and housing prices back to pre-housing boom prices.
I think the answer is obvious, you need to stay put. Another option would be to contact your lender and see if you are eligible for a loan modification. Here is a link for details: http://makinghomeaffordable.gov/
Best of luck to you.... more
Your question did not link to the condo you are interested in. If it is a foreclosure auction in Ventura County the sale is typically at the north entrance to the court house. You might not know until the day before or the same day if they will have the starting bid below current market value. Should you win the bid you need to pay for it right then with cashiers checks. The other type of auction is when the banks have a home that they already foreclosed on that they want to get rid of. Then the auction rules will be different. Check out http://www.auction.com/ as they handle a lot of REO homes.... more
He can ask...........but the answer will more than likely be no.
Does the contract give the buyer the right to walk away after the home inspection if they are not satisfied with the results? if it does........then the buyer has nothing ot lose to ask for repairs first, before walking. You never know..............the worst the seller can say is NO..........but,.if faced with a genuine structural problem, the seller might give in, and agree to address it...............afterall, the seller now needs to disclose what was discovered to the next buyer that comes along.
He might reconsider, and decide it is better to deal with this buyer then wait for a new one. Once sturctural issues are discovered...........and disclosed .............the seller might net less next time around.
It can't hurt to ask..... more
1427 Iguana Cir, Ventura, CA 93003 * Active (02/07/11) DOM/CDOM: 15/15
Beds: 3* Baths: 2 (1 0 1 0) (FTHQ)* Sq Ft: 1238* Lot Sz: 1527sqft*
Area: 26 Yr: 1974*
Beautiful, three bedroom, two bathroom Todd Ranch 2 townhome. New stone-like floors, new carpet, and new paint throughout. New tile work in kitchen, and remodeled bathrooms. Built-ins and ceiling fan in master bedroom, walk-in closets, and balcony off of one bedroom. Fenced in patio and outside laundry room. One car, deep garage with room for storage. Great location in the complex, near walking green belts.
Let me know if you would like to view.... more
I honestly believe that what you read is optimistic for housing as a whole. All indications are that depreciation will last longer. Ventura is somewhat unique and that is supported when you check the link below for depreciation percentages reported for last month. Overall the VC is down just over 4% for Single Family homes but for your zip code the percent of change is a low 1% but condos are slipping in your area (they are typically the hardest hit by percentage in a down market). Ventura prices stay strong, stronger than other areas of the VC for just the reasons you mention but I think that if we see strong value declines throughout the county, it will eventually impact even your area. There are a lot of people who have weekend homes in the beach communities. If these homeowners encounter financial distress some of these weekend homes may end up foreclosed or sold by desperate Sellers. This is what is happening elsewhere and I dont think Ventura will be sheltered completely. Specifically, your questions asks about the next 6-12 months. Of course no one has the crystal ball but I think that typical winter slow down, coupled with high inventory, layoffs of major local employers (Amgen and Countrywide), the influx of lots of new foreclosure activity in addition to people who willl just have to sell for a variety of reasons, is going to cause some depreciation in home values, even in your area. To keep tabs, I have referenced dataquicks posting below.... more
Without knowing the original listing price, I believe that $40,000 below list price on a REO property is not out of the question. Initially, just because you think that the bathrooms need a remodel, if they serve as they are intended as situated, they do not NEED a renovation to make them functional. Likewise for the paint, carpet, and appliances; if they are working as intended, the home inspector and the seller will think that they are worthy of the list price.
I tell my clients that a "low ball" offer is generally 10% below list price, but that is only if the listing agent has a reasonable CMA that justifies the list price.... more