Home Buying in North Hollywood : Questions & Answers

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Rafael Gevor…, Real Estate Pro in Burbank, CA
Rafael Gevorkian answered:
How much can you buy a 3 bedroom 1 bathroom foreclosed home for and whatvwould it rent forbin North Hollywood?
Sam,

The average price per square foot in North Hollywood is $350. A foreclosure typically sells for below that value since in most cases they need some TLC. Rental rates in North H ... more
0 votes Share Flag Wed Oct 22, 2014 Home Buying in North Hollywood
Alex Greer, Real Estate Pro in San Jose, CA
Alex Greer answered:
If you can buy a condo for $50,000 what is the rental return per month?
Not sure where you are going to find a condo for $50,000 in North Hollywood. Are you sure it is for sale for that much. Email me with an address and I will check on it for you.

Alex ... more
0 votes Share Flag Tue Feb 11, 2014 Home Buying in North Hollywood
Marine Kutyan, Real Estate Pro in North Hollywood, CA
Marine Kutyan answered:
it possible i can get a condo for $50000.00 near n.hollywood.
The lowest priced condo in the valley is $78,800 in North Hollywood, followed by one in Sylmar for $93,000. Let me know if you would like me to send these to you or if you would like to ... more
0 votes Share Flag Mon Dec 2, 2013 Home Buying in North Hollywood
Annette  Law…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence answered:
What's a rule of thumb for whether or not a HOA will allow dogs, especially larger than 15 lbs? For example, condos built more than 10 years ago?
Rule of thumb.
It does not exist.
Each HOA is very explicit regarding what pets, if any are allowed. They will even define what a 'pet' is. The will further define how many of each p ... more
0 votes Share Flag Tue Jun 11, 2013 Home Buying in North Hollywood
John & Janis…, Real Estate Pro in Encinitas, CA
John & Janis Arendsen answered:
Can a realtor in California legally sell a home with license with a NBA status?
Must chime in with my fellow brokers on this one. Absolutely not!
0 votes Share Flag Tue May 28, 2013 Home Buying in North Hollywood
Angie Simpson, Real Estate Pro in Studio City, CA
Angie Simpson answered:
what is a realistic price in todays market for a 4bed 3bath home move in ready in the north hollywood, studio city area?
Toly,

I am going to assume that you are referring to the NOHO/Studio City overlay area in 91607 & 91602 zip codes. If so, you are looking at $1 million and up for a move in ready ho ... more
0 votes Share Flag Sun Jul 8, 2012 Home Buying in North Hollywood
Bill Hooper, Real Estate Pro in Los Angeles, CA
Bill Hooper answered:
Is the escrow company required by law to provide CC&Rs to buyers in escrow? I'm bought a new construction townhome and some buyers never
Escrow orders a title report at the start of escrow, the CC&R's are part of the "Underlying documents" that affect this title report and should be included with the p ... more
0 votes Share Flag Fri Jul 29, 2011 Home Buying in North Hollywood
Kenny Tan, Real Estate Pro in Diamond Bar, CA
Kenny Tan answered:
If escrow closes in less than 30 days and owner has to give the tenants 60 days notice, what happens then?
This issue is usually addressed in your purchase contract - assuming you've signed a standard CAR agreement. Unless otherwise agreed to by the seller, it is usually the buyer' ... more
0 votes Share Flag Thu Mar 17, 2011 Home Buying in North Hollywood
Sonsie Conroy, Real Estate Pro in San Luis Obispo, CA
Sonsie Conroy answered:
Would a better option be land contract? We currently pay close to 2k a month renting. We probably will not qualify for a loan because of credit.
If you have reasonable credit, and your wife has excellent credit, you might look into seller financing. Some sellers would rather have monthly income than a lump sum, and are willing t ... more
0 votes Share Flag Sun Aug 15, 2010 Home Buying in North Hollywood
Tommy Lee,  in 91502
Tommy Lee answered:
In regards to house foreclosure on Hart Street is that really for sale for five thousand dollars?
Cathie,
Probably a typo. I checked just a minute ago and the cheapest in NoHo is 175k.

Call me if you need help.

tommy.lee@dilbeck.com
323-821-2292
0 votes Share Flag Mon Mar 1, 2010 Home Buying in North Hollywood
Jenny Durling, Real Estate Pro in Los Feliz, CA
Jenny Durling answered:
What's the deal with not being able to disclose what someone else offered on a property? It seems crazy that
Buyers' offers are not confidential. The main reason a listing agent does not want to tell you exactly what others offers come in at is that they don't want to limit their sel ... more
0 votes Share Flag Fri Oct 2, 2009 Home Buying in North Hollywood
Dorman1979, Other/Just Looking in Toluca Lake, CA
Dorman1979 answered:
Where can I find out more information about the $8,000.00 tax credit for people who buy homes by June 2009?
The FAQ on this site was great and answered all my Q's! Good luck!
0 votes Share Flag Mon Jun 22, 2009 Home Buying in North Hollywood
Selling Buyi…, Real Estate Pro in Los Angeles, CA
Selling Buying Ryan answered:
What's the best way to find out if a neighborhood I am considering buying in is safe?
That’s an excellent question.
First is what you buying is the neighborhood, if it is bad, it has very little remedy. A house you can always fix up in any way you like. What I ... more
0 votes Share Flag Sun May 17, 2009 Home Buying in North Hollywood
California M…, Real Estate Pro in Oceanside, CA
California Mortgage Broker answered:
How important is the cap rate for income property of four units or under?
This is a great question. I'll answer from a financing perspective. The cap rate is NOT as important when trying to secure good financing for a 4 and under because they are residentia ... more
2 votes Share Flag Sat May 12, 2007 Home Buying in North Hollywood
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