Home Buying in Walnut : Questions & Answers

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Alex Greer, Real Estate Pro in California
Alex Greer answered:
Is this house on foreclosure?
What house? You didn't put an address
0 votes Share Flag Mon Aug 26, 2013 Home Buying in Walnut
Kenny Tan, Real Estate Pro in Diamond Bar, CA
Kenny Tan answered:
Can a Seller back out if agreement is already signed but hasn't entered escrow yet?

Usually seller's miscalculation of their finances is not a legal ground to back out of the binding contract even if no escrow has been opened. Opening escrow is required perform ... more
0 votes Share Flag Sat Aug 11, 2012 Home Buying in Walnut
Kenny Tan, Real Estate Pro in Diamond Bar, CA
Kenny Tan answered:
how long do short sale/auction homes take before the buyer knows that they are in busibess with the house?

The answer depends on the lenders, the number of loans on the property,. etc. It really is case by case basis. Typically it could take anywhere from 3 to 6 months or even a ... more
0 votes Share Flag Sat Aug 11, 2012 Home Buying in Walnut
Claudia Mull…, Real Estate Pro in Fremont, CA
Claudia Muller Gravelle answered:
Does the CalSTRS home loan require a section 1 clearance?
CasSTRS underwrites to FNMA guidelines.
If your contract calls for Section 1 clearance, then it will be required.
If your contract states that the termite report is for informational ... more
2 votes Share Flag Mon Aug 8, 2011 Home Buying in Walnut
Orin Sherman, Real Estate Pro in Honolulu County, HI
Orin Sherman answered:
Listing agent not cooperating with buyer's agent
I have learned that if something is suspicious it is because the whole story is not being told or misinterpreted.
Why did you ask this from the lender's side of things i.e. "I have ... more
0 votes Share Flag Tue Jul 7, 2009 Home Buying in Walnut
David Dee, Real Estate Pro in San Gabriel, CA
David Dee answered:
I am a first-time buyer, but haven't saved enough for a downpayment? is there any loan programs that can?
Hi Lucy,

Even under those circumstances you still may be able to qualify for a loan. I have a client who is in a similar situation as yours and we just got them a loan. We are curren ... more
0 votes Share Flag Mon Jan 5, 2009 Home Buying in Walnut
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