Most Landlords require the same things: Credit History, one - two months security deposit and first months rent. They may also require referrals or a co-signer.
Heather
http://HeatherHouseHunter.com... more
You can only get a USDA loan in a designated rural area. USDA is better if you have a choice between the two. USDA is zero down 100% financing and does not have monthly mortgage insurance. FHA is min 3.5% down and has monthly mortgage insurance. So your payment will likely be lower with a USDA loan.... more
Hi "me"
You do have to pay for the appraisal because it's necessary for your loan. You do not choose the appraiser, the lender that is giving you the loan will take care assigning an appraiser to get it done.
Good luck,
Sara Mehrpouyan
Rodeo Realty
Direct 818-903-2040
Dre License #01712757
Sign up to receive New Property Listings for Sale by Email Here: http://www.newlosangeleshomesearch.com/... more
Mr. Homebuyer,
If you reach the end of this rope and find no options, we have a single loan solution that will go to $875K at 90% LTV. Yes, there will be PMI. No, it's not perfect.
If you can take it out of the realm of the emotional ("all PMI is BAD"), then the real numbers will tell if this solution makes sense or not. If you need help in that regard, I am available any time.
Thank you,
Rob Spinosa
RPM Mortgage
rspinosa@rpm-mtg.com... more
Most likely, it has to do with how Trulia gets their information. Most real estate web sites are "fed" or capture information directly from local area Multiple Listing Services (MLS). It's not uncommon that they don't update information in "real time," meaning that they use a computer application to update information on a periodic basis. Sometimes these programs have glitches in them that causes some information not to be updated.
The most reliable source of information about active, sold and in-escrow homes is by working with a Realtor to set you up so you can search properties using a site that is "real-time" and gets information directly from the MLS. I offer this free to my web site visitors, and there's no obligation. You can even set up automatic email notifications for 10 different searches when prices change, homes are sold, and open houses are scheduled. Unless you ask me to, I won't contact you about your search or use on my web site. Check it out: BarryWeissRealEstate.com.... more
I think an other reason to add is the time of year... Yes interest rates are low for buyers, which adds buyers..... But, on the sellers side, any one that has been in the market longer than a year knows that this time of the market slows down. No one sells houses during this time of year, compared to spring and summer time. Banks are slowing down on REO's for now. Short sales still, no matter what banks say take at least 3 months. People doing short sales most likely are buying time for the holidays and trying to post pone listing their home for sale as long as possible. Regular sellers are starting to see some profit being made but it is still a small margin, considering when you ask them they always compare todays prices with the artificial prices of 2006.... more
Assuming from your statement that you have bad credit and wish to rent an apartment in Studio City, it has been my experience, especially if you have had a foreclosure or short sale in your past, that if you have money in the bank but bad credit, you can offer to pay x amount of months up front, offer a larger security deposit or offer to pay a little more in monthly rent amount. If the leasing company isn't asking for proof of funds of your accounts and only your FICO scores, then if you do have money in the bank, and a secure employment, offer to show proof of money in all of your accounts to reassure them that it isn't a matter of not having the money.... more
This is the trand that we have seen early 2012 going into 2013. Like the answers below, the best option is to have the listing agent OR buyers agent meet the appriaser at the property to show him comparables that they have come up with and obviosly point out any updates that are not seen in pictures and/or the MLS. Fannie-Mae offers financing that does not require an appraisal which is leading to higher home prices and asking prices which should help the appraisal situation going into 2013.... more
I think in Los Angeles county - only Palmdale/Lancaster may have reasonable properties in the $100k range. Also Riverside county and San Bernardino will have plenty of houses in that price range.
I personally dont deal with properties of this caliber, however i can recommend you a few of my agents.
Please feel free to call me 424-777-9377 - i'll be happy to help you out.
Thank you for your time.
Should you have any questions - please feel free to call me Toll Free: 1-855-TRUST-55 (1-855-878-7855) ext. 777.
Sergey Fednov
President - Realtor®
- Trust Sale Realty -
Residential & Commercial Real Estate
_______________________________
Toll Free: 1-855-TRUST-55
Toll Free: 1-855-878-7855
Phone: 424-777-9377
Fax: 310-356-4925 http://www.TrustSale.com http://www.TrustSaleRealty.com
Lic# 01896869... more
If the value of the home compared to the amount owed... make sure the bank will allow what you're proposing unless you'll be buying the home as a conventional purchase when you take it in a few years.
Careful... and get it all in writing (drawn up by an attorney).... more
I think it is very important to get a copy of the bill. There are times that work is done without a permt but is definitely to code. That would perhaps open a conversation to whether the seller would be willing to call the city. Occasionally the city wants some of the work to be opened up to verify how well it was done.
If the craftsmanship of the work is apparent, you might get lucky. That brings me to the second point. Has the work been done well? Are you planning to stay a long time.?
Can you buy or have seller buy a home warranty?
Good luck.
Anita Rich
Broker
Luxury Home Director... more
Consider yourself fortunate that your agent wants to do what's right for you.
List price is a strategy --- some agents price properties artificially low in order to attract attention and hopefully stimulate multiple offers. Others price a little higher, anticipating that buyers will want to negotiate.
Your agent if studying the market....that's part of his service to you. Armed with the right information, he can provide guidance when you're ready to write your offer.
The care that he takes demonstrates his sincerity in helping you find the right house. And when you're happy with his service and your purchase, you will likely refer him to friends and associates, right? THAT's his ultimate reward. You as a source of referrals to come. And rest assured he will take very good care of them, too!
Good service is before, during and after the sale.... more
I'll be happy to help you out!
What kind of a property you looking for?
Whats your budget?
Please feel free to call me 424-777-9377 - i'll be happy to help you out.
Thank you for your time.
Should you have any questions - please feel free to call me Toll Free: 1-855-TRUST-55 (1-855-878-7855) ext. 777.
Sergey Fednov
President - Realtor®
- Trust Sale Realty -
Residential & Commercial Real Estate
_______________________________
Toll Free: 1-855-TRUST-55
Toll Free: 1-855-878-7855
Phone: 424-777-9377
Fax: 310-356-4925 http://www.TrustSale.com http://www.TrustSaleRealty.com
Lic# 01896869... more
Hi Jill,
Whether you receive an inflation adjusted $50k, or a $50k stake in the purchase price of a condo bought in 1992 seem like two different propositions to me. In one case you039;re talking about what $50k in 1992 is worth today. In the other, you're talking about a share of $400k. I depends on what the offer or agreement was.
Please feel free to contact me if you need any information on homes and prices.... more
Good Day,
There are several companies that cover California, and provide good coverage. It is important to get an upgraded policy, as most of the policies offer just basic coverage with many exclusions. For example, if you have a pool and equipment, it needs to be added, with an additional fee, for it to be included. Ditto for roof, some appliances etc.
I recommed carefully reading the policy to learn the inclusions and exclusions. Your agent shoud be a source of guidance to you.... more
You need your "own" agent to represent you. This should not be the same agent as the one who has the listing he is trying to sell. You do not need an agent who specializes in foreclosures, just an agent who is familiar with the process.
You could look at profiles, here on Trulia and then make a few calls and discuss what you have in mind. I'ts best if you work with an agent who is experienced with the area in which you are buying.
Best of Luck to you... more
Description:
Contact the office for information on viewing the unit and
getting an applicat ion. Attention: Before applying online please make sure you qualify by checking the rental criteria at www.propwestmgt.com . Price: $795. Deposit: $795. 1 Bedroom(s). 1 Bathroom(s). ...
Description:
This property is nicely taken care of, and we're looking
for a tenant that wil l do the same with the interior of this apartment. The other upgrades coming are removing the popcorn ceiling and installing crown moulding throughout. ...